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China’s military modernization is a threat to global security

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China’s defence budget is said to have grown only in single-digit figures since 2016, with the PLA enjoying double-digit increases for nearly thirty years before that. Over the years, Western analysis of China’s defence budget has claimed that the People’s Republic of China does not officially reveal its actual expenditure on defence and that available figures are way below the expenses actually incurred by the People’s Liberation Army (PLA). The challenge is that it is difficult to make real estimates of China’s defence expenditure in the absence of clearly defined heads of expenditure. In this context, we have a welcome addition to the literature on the subject in the form of the analysis by Nan Tian and FeiSu of the Stockholm International Peace Research Institute (SIPRI).

SIPRI, which had originally estimated China’s defence expenditure for 2019 as being US$ 261 billion, has reduced its estimates for expenditure in 2019 to US$ 240 billion (Chinese Yuan 1,660 billion). SIPRI states that it had reduced its estimates of Chinese defence expenditure, as some of the expenses earlier considered extra-budgetary in the 1990s and 2000s were probably included in the main defence budget in 2019. The assessments of inclusions and exclusions is a useful academic exercise into the constituents of China’s defence budget. However, this fails to take into account the rapid pace of military modernization undertaken by China in the last decade or so. This includes specific attention given to the rocket and missile forces, the PLA Navy and Air Force.

Military expenditure figures published by China are usually only the total figure for ‘national defence’ expenditure, with no disaggregated information. Occasionally, China provides a breakdown of expenditure, normally across the three categories of personnel, training &maintenance, and equipment. The Defence White Paper (July 2019), for instance, offers a breakdown for spending across 2010-2017, which significantly reveals that the share of total spending allocated to equipment had risen from 33.2 percent to 41.1 percent over this period. Additionally, official figures do not account for spending on China’s space (military) programme, extra-budgetary revenues from military-owned commercial enterprises, defence mobilization funds, authorized sales of land or excess food produced by some units, and provincial military base operating costs.

The SIPRI study revises, by both adding or excluding some heads under which China could be spending its money on defence and then calculates the overall expenditure. For instance, expenditure on the Chinese Coast Guard is included in the new estimate, while appropriations for arms imports and commercial earnings from military-owned businesses are not. The new SIPRI estimates also excludes the idea that arms imports expenses came from outside the national budget. As three-quarters of Chinese imports come from Russia, the SIPRI study uses figures from Russian sources to calculate these figures. The logic used is that since there is no conclusive evidence to show that there exist extra-budgetary sources of expenditure for arms imports, it is safer to assume that this forms a part of the national budget. Profits from military-owned businesses have been excluded from SIPRI’s estimates. It was thought that the PLA offered “paid services” such as accommodation, healthcare and agricultural services to earn additional income. In 2015, President Xi Jinping ordered the closure of these activities within a period of three years. Assuming that some degree of closure was achieved, it can be presumed that income from commercial enterprises still in operation could not be calculated, therefore SIPRI deleted these from the official national budget.

What SIPRI has retained in its estimates of official defence expenditure is money spent on military research & development and testing. While China asserts that R&D is covered in the official estimate of expenditure, SIPRI basing its calculations on the annual changes in the general R&D budget assumes that 90 per cent of this funding goes to military programmes. Capital construction spending i.e., civil and military, is not differentiated in the budget. Historically, 5 per cent of this allocation was supposed to go to military expenditure, but SIPRI asserts that the actual spending amounted to only 0.07 on the military side. This then accounts for the sharp drop in the overall figure for military expenditure in 2019. In the past, Chinese State-Owned Enterprises (SOE) involved in arms manufacturing and exports made profits, with State subsidies. In the current scenario, SIPRI assumes that the level of subsidy granted to most SOEs, including loss-making ones, would be higher than before. Companies like the China Electronics Technology Group Corporation still receives subsidy. However, the absence of accurate data on this has made SIPRI drop this item from its estimates.

The authors of the SIPRI report have chosen to add five new elements to China’s official budget. These include the Coast Guard, the People’s Armed Police, payments to demobilised and retired personnel, additional military R&D, testing and evaluation expenditure, and finally, additional military construction expenditure. These five areas totalled Chinese Yuan 448 billion in 2019, amounting to 27 per cent of the total estimate of Chinese Yuan of 1,660 billion. 

Official figures released by China for 2021 indicate that the defence budget is around of Chinese Yuan 1.355 trillion (US$209 billion) which represents a 6.8 per cent nominal increase over the core 2020 budget of Chinese Yuan 1.268 trillion (US$188billion). The UK’s IISS estimates that the nominal growth for 2021 is indicative of the sturdier footing that China’s economy is on, compared to last year. In real terms, the 2021 defence budget growth is slightly lower than in 2020, owing to the 3 per cent annual inflation rate in China. But in value terms, the increase amounts to a whooping US$ 13 billon, a figure comparable with the entire defence budget of Taiwan! Similarly, in 2020, despite slower real growth in the defence budget, the nominal US$ 12 billion increase was greater than the combined defence budget increases of all other Asian states. The IISS thus concludes that the 2020 China defence budget, including funding for local militias, came to US$193billon, although total expenditure is estimated to be much higher if foreign weapons purchases, military R&D funding, and the People’s Armed Police central budget are included.

Evaluating defence spending in relation to the overall government budget also gives one for interesting insights. While China’s central government budget is slated to fall by 0.2 percent, total national government spending will probably increase by 1.8 percent. Spending on the military as a share of overall national government spending according to the IISS rises from 5.1 percent in 2020 to 5.4 percent in 2021, the highest in several years. Similarly, spending as a percent of the central government budget will rise from 36.2 percent to 38.7 percent, well above the average of 34.7 percent seen in the last five years. The new SIPRI estimate of Chinese military expenditure in 2019 is Chinese Yuan 1,660 billion (US$240 billion). This is Yuan 142 billion less than the old SIPRI estimate, but still Chinese Yuan 448 billion more than the official national defence budget. With the new estimate of US$240 billion in 2019, China remains the second largest military spender in the world (behind the USA) and its spending is still almost three-and-a-half times higher than India. China’s military burden—that is, military spending as a share of GDP—is now 1.7 per cent, down from 1.9 per cent under the old estimate.

Whichever way one looks at it, the conclusion can safely be drawn that China continues its military modernization across the spectrum and aims for advances in high technology that will give it an edge over its adversaries. This is the key lesson to be derived from any analysis of its defence expenditure. While statistics can vary from time to time, according to the figures used to calculate the total budget, analysts still don’t have a full picture of the money that is going to building the Chinese war machine and this is worrisome. Just one instance of this will suffice to illustrate the issue. For over eight months last year, China mobilised 60,000 troops ostensibly for military exercises, but were in fact used to occupy contentious positions in Eastern Ladakh against India and was very much a part of the offensive strategy adopted by the PLA across its periphery, displaying new weapons and equipment. Strangely though this deployment did not find a mention in the 35-page Work Report submitted by Premier Li Keqiang to the National People’s Congress recently.

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Defense

US military presence in the Middle East: The less the better

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It may not have been planned or coordinated but efforts by Middle Eastern states to dial down tensions serve as an example of what happens when big power interests coincide.

It also provides evidence of the potentially positive fallout of a lower US profile in the region.

Afghanistan, the United States’ chaotic withdrawal notwithstanding, could emerge as another example of the positive impact when global interests coincide. That is if the Taliban prove willing and capable of policing militant groups to ensure that they don’t strike beyond the Central Asian nation’s borders or at embassies and other foreign targets in the country.

Analysts credit the coming to office of US President Joe Biden with a focus on Asia rather than the Middle East and growing uncertainty about his commitment to the security of the Gulf for efforts to reduce tensions by Saudi Arabia, the United Arab Emirate and Egypt on the one hand and on the other, Turkey, Iran, and Qatar. Those efforts resulted in the lifting, early this year, of the Saudi-UAE-Egyptian-led economic and diplomatic boycott of Qatar.

Doubts about the United States’ commitment also played an important role in efforts to shore up or formalise alliances like the establishment of diplomatic relations with Israel by the UAE and Bahrain.

For its part, Saudi Arabia has de facto acknowledged its ties with the Jewish state even if Riyadh is not about to formally establish relations. In a sign of the times, that did not stop then Prime Minister Benyamin Netanyahu from last year visiting the kingdom.

To be sure, changes in Washington’s priorities impact regional defence strategies and postures given that the United States has a significant military presence in the Middle East and serves as its sole security guarantor.

Yet, what rings alarm bells in Gulf capitals also sparks concerns in Beijing, which depends to a significant degree on the flow of its trade and energy from and through Middle Eastern waters, and Moscow with its own security concerns and geopolitical aspirations.

Little surprise that Russia and China, each in their own way and independent of the United States, over the last year echoed the United States’ message that the Middle East needs to get its act together.

Eager to change rather than reform the world order, Russia proposed an all-new regional security architecture modelled on the Organization for Security and Co-operation in Europe (OSCE) adding not only Russia but also China, India, and Europe to the mix.

China, determined to secure its proper place in the new world order rather than fundamentally altering it, sent smoke signals through its academics and analysts that conveyed a double-barrelled message. On the one hand, China suggested that the Middle East did not rank high on its agenda. In other words, the Middle East would have to act to climb Beijing’s totem pole.

For China, the Middle East is always on the very distant back burner of China’s strategic global strategies,” Niu Xinchun, director of Middle East Studies at China Institutes of Contemporary International Relations (CICIR), China’s most prestigious think tank, told a webinar last year.

Prominent Chinese scholars Sun Degang and Wu Sike provided months later a carrot to accompany Mr. Niu’s stick. Taking the opposite tack, they argued that the Middle East was a “key region in big power diplomacy with Chinese characteristics in a new era.”

Chinese characteristics, they said, would involve “seeking common ground while reserving differences,” a formula that implies conflict management rather than conflict resolution.

On that basis, the two scholars suggest, Chinese engagement in Middle Eastern security would seek to build an inclusive and shared regional collective security mechanism based on fairness, justice, multilateralism, comprehensive governance, and the containment of differences.

In the final analysis, Chinese and Russian signalling that there was an unspoken big power consensus likely reinforced American messaging and gave Middle Eastern states a further nudge to change course and demonstrate a willingness to control tensions and differences.

Implicit in the unspoken big power consensus was not only the need to dial down tensions but also the projection of a reduced, not an eliminated, US presence in the Middle East.

While there has been little real on-the-ground reduction of US forces, just talking about it seemingly opened pathways. It altered the US’ weighting in the equation.

“The U.S. has a habit of seeing itself as indispensable to regional stability around the world, when in fact its intervention can be very destabilizing because it becomes part of the local equation rather than sitting above it,” noted Raad Alkadiri, an international risk consultant.

While important, the United States’ willingness to get out of the way is no guarantee that talks will do anything more than at best avert conflicts spinning out of control.

Saudi and Iranian leaders and officials have sought to put a positive spin on several rounds of direct and indirect talks between the two rivals.

Yet, more important than the talk of progress, expressions of willingness to bury hatchets, and toning down of rhetoric is Saudi King Salman’s insistence in remarks last month to the United Nations General Assembly on the need to build trust.

The monarch suggested that could be achieved by Iran ceasing “all types of support” for armed groups in the region, including the Houthis in Yemen, Hezbollah in Lebanon, and pro-Iranian militias in Iraq.

The potential monkey wrench is not just the improbability of Iran making meaningful concessions to improve relations but also the fact that the chances are fading for a revival of the 2015 international agreement that curbed Iran’s nuclear program.

“We have to prepare for a world where Iran doesn’t have constraints on its nuclear program and we have to consider options for dealing with that. This is what we are doing while we hope they do go back to the deal,” said US negotiator Rob Malley.

Already, Israeli politicians, unhappy with the original nuclear deal and the Biden administration’s effort to revive it, are taking a more alarmist view than may be prevalent in their intelligence services.

In Washington this week, Foreign Minister Yair Lapid told US National Security Advisor Jake Sullivan that Iran was “becoming a nuclear threshold state.” Back home Yossi Cohen, a close confidante of Mr. Netanyahu, who stepped down in June as head of the Mossad, asserted at the same time that Iran was “no closer than before” to obtaining a nuclear weapon.

There is no doubt, however that both men agree that Israel retains the option of a military strike against Iran. “Israel reserves the right to act at any moment in any way,” Mr. Lapid told his American interlocutors as they sought to resolve differences of how to deal with Iran if a revival of the agreement proves elusive.

Meanwhile, a foreplay of the fallout of a potential failure to put a nuclear deal in place is playing out on multiple fronts. Tension have been rising along the border between Iran and Azerbaijan.

Iran sees closer Azerbaijani-Israeli relations as part of an effort to encircle it and fears that the Caucasian state would be a staging ground for Israeli operations against the Islamic republic. Iran and Azerbaijan agreed this week to hold talks to reduce the friction.

At the same time, Iran, Turkey and Israel have been engaged in a shadow boxing match in predominantly Kurdish northern Iraq while a poll showed half of Israeli Jews believe that attacking Iran early on rather than negotiating a deal would have been a better approach.

Taken together, these factors cast a shadow over optimism that the Middle East is pulling back from the brink. They suggest that coordinated big power leadership is what could make the difference as the Middle East balances between forging a path towards stability and waging a continuous covert war and potentially an overt one.

A Johns Hopkins University Iran research program suggested that a US return to the nuclear deal may be the catalyst for cooperation with Europe, China, and Russia.

“Should the United States refuse to re-join the agreement following sufficient attempts by Iran to demonstrate flexibility in their negotiating posture, Russia and China will ramp up their economic and security cooperation with Iran in a manner fundamentally opposed to US interests,” the program warned.

Iranian Foreign Ministry spokesman Saeed Khatibzadeh announced this week that Russia and Iran were finalizing a ‘Global Agreement for Cooperation between Iran and Russia’ along the lines of a  similar 25-year agreement between China and the Islamic republic last year that has yet to get legs.

Even so, Iran scored an important victory when the Shanghai Cooperation Organization (SCO) in which China and Russia loom large last month agreed to process Iran’s application for membership.

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The U.S. may not involve military confrontation in the South China Sea

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The guided-missile cruiser USS Chancellorsville during a replenishment-at-sea with the aircraft carrier USS Ronald Reagan. Mass Communication Specialist 2nd Class John Harris/U.S. Navy/Flickr

Although the US with its highest military budget, and maintaining the largest number of military bases around the globe, and the largest number of troops in foreign countries, and keeping the largest number of alliances, yet may avoid a direct military confrontation in the South China Sea. It does not mean that the US will give up, but, may exert political and diplomatic pressure, or opt for cold war strategies. The US is very well aware of the consequences and scared of spreading the conflict into other parts of the world, initiating the third world war (WWIII). It might be a nuclear war and disaster for the whole world.

Today, the piles of lethal weapons, especially nuclear weapons, are enough to destroy the whole world. If the escalation starts, it might not be limited to a small region, or continent, it might get out of control and spread to other parts of the world, and engulf the whole world. The highly hostile geopolitics are heading toward more volatility and entering dangerous limits.

As a part of the US cold war strategy, they are pushing the region toward war. On one hand creation of AUKUS, instigating Taiwan, and supporting India, pressurizing China, leaving no option except war, is extremely dangerous. The US may be once again miscalculating that, push the regional countries into war, while keeping the US away from the war zone will benefit Americans. In the recent past, all US dreams turn against their expectations, and such a dream to push China into war and enjoy the destruction of the region, keeping itself away, may not realize.

As a result of undue support to Taiwan, may instigate Taiwan for war. Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, delivered an important speech at a commemorative meeting marking the 110th anniversary of the Revolution of 1911 at the Great Hall of the People in Beijing, capital of China, Oct. 9, 2021. He said that the Taiwan question arose out of the weakness and chaos of the Chinese nation, and it will be resolved as national rejuvenation becomes a reality. “This is determined by the general trend of Chinese history, but more importantly, it is the common will of all Chinese people,” he noted.

National reunification by peaceful means best serves the interests of the Chinese nation as a whole, including compatriots in Taiwan, said Xi, while calling on compatriots on both sides of the Taiwan Strait to stand on the right side of history. Xi described secession aimed at “Taiwan independence” as the greatest obstacle to national reunification and a grave danger to national rejuvenation. “Those who forget their heritage, betray their motherland, and seek to split the country will come to no good end,” he said, adding that they will be disdained by the people and condemned by history. The Taiwan question is purely an internal matter for China, one which brooks no external interference, Xi noted. “The complete reunification of our country will be and can be realized,” he stressed.

By nature, the Chinese are peace-loving and never like aggression or wars. China has been observing patience for a long, and expects, that the people of Taiwan may opt for peaceful reunification. Although China has the capacity to take over Taiwan by force, yet, China preferred reunification through dialogue and negotiation peacefully. China understands the consequences too and will observe patience to the last moment. If the people of Taiwan are smart and wise they must take the right decision, and a timely decision will be in their interest. A unified China will make them proud too. They may also be beneficiaries of Chinese economic developments. Reunification, will definitely, raise the economy of Taiwanese and improve individuals’ standard of life. There are many incentives for Taiwan and unlimited opportunities.

However, in case of war, no foreign country will come to help Taiwan, especially the US will not rescue them. In fact, the role of the US is to instigate others and push them into war and keep themselves aside, watching only, they may join the winner side later on. The US is not sincere with Taiwan, but playing dirty politics only and selling expensive weapons to gain economic benefits to save its ailing economy. The US will not proactively involve in any war in the South China sea.

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China Says U.S.-China War Is Imminent

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China has now publicly announced that, unless the United States Government will promptly remove from China’s Taiwan province the military forces that it recently sent there, China will soon send military forces into that province, because, not only did the U.S. secretly send “special operations forces” onto that island, but because, “since the US has exposed the news through anonymous officials, it has taken a step forward to undermine, from covertly to semi-overtly, the key conditions for the establishment of diplomatic relations between Chinese mainland and the US.” That statement — threatening to cut off diplomatic relations with the U.S. — comes from the Chinese Communist Party’s newspaper, Global Times’s editorial, on October 8th. Its editorials speak for the Chinese Government, at least as much as statements from the U.S. White House speak for the U.S. Government.

The Chinese editorial went on to explain that: 

The mainland must respond to the US’ new provocations to make both Washington and the island of Taiwan fully realize the severity of their collusion. Otherwise, in the next step, US military staff may show up in Taiwan island, publicly wearing uniforms and their number may increase from dozens to hundreds or even more to form a de facto US garrison in the island

In other words: America’s “special operations forces” might be killed when China sends its military forces into Taiwan so as to deal with the insurrection that’s now occurring in this province. China is saying that it will be sending those troops and planes onto the island before America publicly invades the island, in order to be in a better position to deal with the U.S. invasion if and when it occurs. China is clearly aiming here to avoid there being “a de facto US garrison on the island.” China — if it is going to kill U.S. troops on that island — wants to be killing only those few “special operations forces” personnel, and NOT any “garrison.” It wants to minimize the damage.

The U.S. Government has officially recognized that Taiwan is — as the Chinese Government itself says — a province of China, not a separate nation. Therefore, what the U.S. Biden Administration is now doing is actually in violation of official (and actually longstanding) U.S. Government policy on the matter.

As I had reported on September 14th, under the headline that “China and U.S. are on the brink of war”:  

Right now, the neocons that Biden has surrounded himself with are threatening to accuse him of having ‘lost Taiwan’ if Biden backs down from his many threats to China, threats that the U.S. Government will reverse America’s “One China” policy, which has been in place ever since the 28 February 1972 “Shanghai Communique”, when the U.S. Government signed with China to the promise and commitment that “The United States acknowledges that all Chinese on either side of the Taiwan Strait maintain there is but one China and that Taiwan is a part of China. The United States Government does not challenge that position. It reaffirms its interest in a peaceful settlement of the Taiwan question by the Chinese themselves.”

Quietly, but gradually, the U.S. Government, in recent years, has been giving increasing signs that it will abrogate this policy and grant to Taiwan official recognition and an embassy in Washington. For it to do that would contrast blatantly, not only against the 28 February 1972 “Shanghai Communique”, but against other official U.S. policies.

For example, consider Crimea, which the U.S. Government demands to be a part of Ukraine and not a part of Russia. Regarding the relationship between Crimea — which was a province of Russia between 1783 and 1954 but was then suddenly and arbitrarily transferred to Ukraine by the Soviet dictator Khruschev in 1954 — and Ukraine, the U.S. Government is demanding that Crimea must be as Khruschev arbitrarily ruled it to become in 1954: a part of Ukraine. The U.S. has this policy though public opinion polls that the U.S. Government itself commissioned to be performed of Crimeans both back in 2013 before the February 2014 U.S. coup in Ukraine and after that coup, showed overwhelming public support by Crimeans for Crimea’s being restored to Russia, no longer a part of Ukraine (as had been the case since 1954). The U.S. Government demands that Crimeans — who by more than 90% prefer to be part of Russia instead of part of Ukraine — have no right to determine what their nationality will be, but that Taiwaners (who might predominantly want to not be a part of China) have a right to determine what their nationality will be). The U.S. Government demands that Crimea be restored to Ukraine, which the residents of Crimea had always opposed (and still do), but now also demands that Taiwan NOT be restored to China (which was part of China since 1683 and until Japan conquered Taiwan in 1895 and held it until Taiwan became restored to China in 1945. 

America’s pretenses to supporting democracy in international affairs are blatantly a fraud in order to continue the U.S. empire that has become established after World War II by means of numerous sanctions, coups, and invasions.

Andrew Bacevich, the President of the Quincy Institute for Responsible Statecraft, headlined on September 30th, “‘A Horrible Mistake’: Recovering From America’s Imperial Delusions”, and he wrote:

Rather than picking sides in regional disputes — Saudi Arabia vs. Iran, Israel vs. Hamas and Hezbollah — the United States should reposition itself as a genuinely honest broker. Rather than chiding some nations for violating human rights and giving others a pass, it should hold all of them (and itself) to a common standard. Rather than flooding the region with advanced weaponry, it should use its influence to reduce arms transfers. Rather than selectively opposing nuclear proliferation, it should do so consistently across the board. Rather than scattering U.S. forces across the region, it should drastically reduce the number of bases it maintains there. At most, two should suffice: an air base in Qatar and a naval facility in Bahrain.

The same applies regarding such matters as Taiwan and Crimea. Bacevich concluded (referring to the example of Afghanistan) that,

The ultimate “horrible mistake,” to repurpose Secretary of Defense Austin’s phrase, dates from the immediate aftermath of the Cold War when the United States succumbed to a form of auto-intoxication: imperial delusions fueled by an infatuation with military power.

America’s sanctions, coups and military invasions, must end. As the Quincy Institute for Responsible Statecraft might say (if they were more blunt): what the U.S. Government has been doing since 1945 is not “Responsible Statecraft.” These sanctions, coups and military invasions, are, instead, “Imperial Delusions,” just as Bacevich says they are.

However, America’s billionaires, whose donations determine which candidates will be politically competitive to stand even a chance of becoming nominated so as to stand a chance of then becoming elected into public offices in the U.S. federal Government, are essentially unanimous in favor of their military-industrial complex, which is the most profitable field for them to invest in. Consequently, neoconservatism — which is U.S. imperialism — is bipartisanly dominant in both of America’s political Parties, each Party being financed by a different group of billionaires. They are virtually unanimous for imperialism, both Parties voting in Congress overwhelmingly for U.S. imperialism — just about the only thing that they bipartisanly support — because it’s profitable for the billionaires that fund each of the two congressional Parties (or teams) . This is why Joe Biden continues, and generally intensifies, Donald Trump’s foreign policies, and why Donald trump had continued, and generally intensified, Barack Obama’s foreign policies — all recent U.S. Presidents have been (and the present one is) neoconservative (or imperialist), whatever else they might be. For an example of this: on 10 January 2021, just before the end of the Trump Presidency, Zero Hedge headlined “Washington ‘One-China’ Policy Dead As Pompeo Lifts Restrictions On US-Taiwan Relations”. Biden is simply intensifying Trump’s policy on China.

In fact: all of this U.S. imperialism has been enormously profitable for America’s billionaires, and especially for the ones who have been investing the most heavily in ‘defense’ industries. This has been most clearly and most blatantly so after the ‘ideological’ ‘justification’ (anti-communism) for the Truman-and-Eisenhower start, in 1945, of the Cold War, finally ended in 1991. Beginning at around 1990 — the very same period when G.H.W. Bush started secretly instructing America’s ‘allies’ that the Cold War would continue on the U.S. side even after the Soviet Union would break up and end its communism, and end its side of the Cold War — the “Cumulative Returns, Indexed to 1951,” for the total stock “Market” vs. for “Industrials” vs. for “Defense,” which three segments had previously moved in tandem with each other, sharply diverged after 1990, so that “Defense” has since been soaring, it’s rising much faster than the other two sectors, both of which other two sectors (“Market and “Industrials”) continued after 1990 rising in tandem with each other. That — 1990 — was the time when market valuations on America’s armaments producers suddenly took off and left the rest of the economy ever-increasingly behind. It’s all shown right there in that chart. This means that the decision by George Herbert Walker Bush to go for blood, instead of to serve the needs of the American people, has been vastly profitable for America’s aristocracy. Interesting, too, is that the period after 1990 has been when the U.S. Government became increasingly involved in invading the Middle East. The arms-markets there were growing by leaps and bounds. However, after 2020, the U.S.-and-allied regimes seem to be refocusing again on “great power competition” (including sanctions and other operations to promote “regime change” against any governments that don’t cooperate with the U.S. regime’s efforts against what it declares to be ‘America’s enemies’). They now openly equate economic “competition” against such targets, as being something that is legitimate to be dealt with by even military means. They openly presume that the military ought to serve their billionaires and no longer “national” (meaning public) defense. They openly presume that imperialism is right, and that it’s okay for nations to fight each other in order to further enrich their respective aristocracies.

This is what the U.S. regime’s support for Taiwan to become an independent country is actually all about: making America’s billionaires even richer.

Gideon Rachman’s Financial Times article, on 12 October 2021, “The moment of truth over Taiwan is getting closer”, provides excellent documentation that the U.S. regime (including its news-media) has been extremely successful in recent years at increasing the negativity of U.S. public opinion towards China’s Government, and that this success has increased the pressure on U.S. President Biden to go to war against China. However, Rachman there failed to note that on 26 July 2021, the U.S. military news site DefenseOne had bannered, concerning U.S. war-games which had just concluded against China, “‘It Failed Miserably’: After Wargaming Loss, Joint Chiefs Are Overhauling How the US Military Will Fight”, and they reported that if the Joint Chiefs’ “overhaul” becomes successful, it won’t be until 2030, at the earliest. So: if there will be a U.S. invasion soon against China, then America’s armed forces will likely lose that war, and the pressure upon Biden to go nuclear against China will then become enormous — so as to turn that defeat into ‘victory’. Perhaps America’s anti-China propaganda has been too successful, and will bring nuclear annihilation. Maybe the owners of firms such as Lockheed Martin, and of such firms as CNN — the people who have, effectively, placed America’s ‘elected’ leaders into power — will turn out to have been too effective at what they do. Right now, this situation is looking like a runaway train that’s heading for a catastrophic crash.

Perhaps the question right now is: How insistent are America’s billionaires, really, that the U.S. Government will become the world’s first-ever 100% encompassing empire, dictating to each and every other nation? Are they willing to risk nuclear annihilation for that supreme supremacist goal? After America’s successful coup against Ukraine in 2014, they’ve been buying luxurious deep-underground bunkers in preparation for this (WW III). But is that really the type of world that they want to live — and die — in? That’s the question.

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