On October 10, China declared that Companies in China would have to obtain Export Licenses for almost _any_ product they ship outside China. The US and the world balked at the serious implications of this; now we see why the world balked . . .
In this website's original coverage of that story (HERE) I reported "Beijing’s playbook? Strangle global supply chains, then exploit weakness." and further reported "This isn’t about trade deficits—it’s about exposing China’s predatory strategy and forcing them to choose between collapse or compliance."
Today, the world finds out exactly how spot-on that analysis actually was. Germany has revealed that China is now demanding German companies share sensitive industrial data — including blueprints (e.g., diagrams and supply chain layouts), customer lists, and even three-year production forecasts — with Chinese authorities, in order to obtain export permits for rare earths.
This is an astounding development; China essentially wants all the proprietary data for all products and all industries around the whole world (which they can then steal).
The world is fast-approaching the moment when there can be literally no trade at all with China. This is a real problem because countries like the USA exported almost all manufacturing to China over the past twenty or so years, so that the titans of corporate industry could sweeten their profits even at the expense of American jobs.
By outsourcing so much manufacturing, American Boards of Directors have made the entire country vulnerable to this type of China extortion! Real patriots, those Boards of Directors. (/sarcasm)
The question that America and the world faces at this moment is how to get along WITHOUT China manufacturing, in the time it takes to re-industrialize our own nations?
It would be a real "hurt" for a couple years, and almost impossible because of Pharmaceuticals. Right now, about eighty percent of all the prescription medicines in the USA, are manufactured in China. IF we stop trade with China, people who need medicines would be in a death spiral, as their medicines run out.
We're in a real bind and it's going to take massive investment in new factories, and several years of construction, to even have hope of getting ourselves out of the mess that giant corporations have put us in by outsourcing manufacturing to China.
OCTOBER INTO NOVEMBER FUND RAISING
Take a good look at the story above and ask yourself: Is there ANY other media outlet providing you with this type of in-depth coverage? Is there ANY other media source explaining in common-sense ways, what the implications are, and how we got here? I dare say "no." It appears to me that this website is the __ONLY__ place you get this type of real news.
It costs a LOT of money and time to do this. I have no advertisers, no ads to click, no paying commercials on the radio show. I rely on folks just like YOU to keep this endeavor going.
The final calendar week of each month, I ask folks like YOU to help withe the expenses so I can keep this going. This month, those expenses are:
Amazon Web Services $1,796 (Projected)
NJ Studio Fiber Optics (1 live, 1 failover) $247
NJ Studio Cellular failover $35
PA "Bug-out" Studio Fiber $69
PA Cable failover $99
PA Starlink Failover $120
PA Cellular Failover $65
PA ViaSat failover $165
6 Vonage Phone Lines $192
Adobe Music Licensing $59
WRMI and WWCR Radio Air Time costs . . . . Thousands!
Total this month $6647. I am trying to raise $6455 Please help!
Thanks!!!!
