I have recently perused Nicholas Kristof’s NYT piece “China’s Man in Washington, Named Trump”(https://nyti.ms/3h2JXh8). One paragraph in particular caught my attention: “A joke in China suggests that Trump’s Chinese name is Chuan Jianguo, or “Build-the-Country Trump.” That’s because Build-the-Country is a common revolutionary name among Communist patriots, and it’s mockingly suggested that Trump’s misrule of the United States is actually bolstering Xi’s regime.”
Kristoff also avows that since Trump’s ascension to presidency, the American nation became highly polarized. This is reflected in the current administration’s policies on climate change, foreign relations with established U.S. allies, and COVID-19 prevention, all of which are rather ineffective. It also seems like Mr. Trump and his team diverged from the traditional priorities, including promoting free trade, human rights, and other quintessentially American values. As described thoroughly by John Bolton, all these factors contributed to the declining standing of the U.S. in global politics.
What is more, many people fall prey to CCP’s propaganda and its interpretations of Trump’s actions, which only enhances China’s reputation.
But that might not exactly be the case.
The CCP apparently failed to utilize the window of opportunity created by the ineptness of the Trump administration, as China could have grown to the position of a leader by filling in the void left by the U.S.
During the 2016 APEC Ministerial Meeting in Lima, Peru, Xi Jinping and his team actively supported the plans to establish the Regional Comprehensive Economic Partnership (RCEP) and a Free Trade Area of the Asia Pacific, or FTAAP. In contrast, the United States withdrew its signature from the Trans-Pacific Partnership (TPP) in early 2017. Coupled with China’s Belt and Road Initiative (BRI) and the establishment of the Asian Infrastructure and Investment Bank (AIIB), this move bolstered China’s capacity to influence global investments and trade, high-tech mergers and acquisitions, and, overall, expand its geostrategic influence on the entire globe.
At the same time, various propaganda films about great power competition, military industry, and science and technology surged all at once, and gained remarkable following around the world.
All this provided a window of opportunity for the CCP to slowly change its course. Around the same time, the distrust for POTUS among U.S. allies’ reached its apex. According to polls conducted by the Pew Research Center, the distrust for the U.S. president in the U.K. reached 75%, 72% in Japan, 70% in Australia, and stunning 86% in France.
Had the C.C.P,. begun to open up at that time, or at least resumed the governance style of the Hu-Wen administration, it could have reaped the benefits of promoting liberalism where the U.S. failed to deliver. It was the time for Beijing to gradually enhance freedom of speech domestically, pursue sustainable infrastructural projects, gradually reform unfair barriers to trade, transform its S.O.E.s, strengthen protections for private ownership, and vitalize its start-ups and enterprises.
Moreover, were China to cease the genocide in East Turkestan and refrain from cracking down on Hong Kong's semi-autonomy, it would have greatly enhanced its global international image. Additionally, if paired with slow but steady reforms, Beijing’s respect for sovereignty of its peoples would have attracted a large amount of foreign investment, which in turn would have continued to buttress the country’s growth.
It is China prerogative to remain idle.
It might still be possible for Chinese “Dream” to come true.
Yet, a historic window of opportunity is now closed.
Xi assumed the tools of proscribing and stalling, which are completely antithetical to the aforementioned window of opportunity.
Today, China is more authoritarian, less flexible, and fully deprived of horizontal accountability. Its reliance on wolf warrior diplomacy backfired: for example, the Swedish parliament sought to expel the Chinese ambassador to Stockholm. Also, Prague, the capital of Czechia, terminated its sister-city agreement with Shanghai and instead signed a new one with Taipei. Last but not least, we ought not to forget about the recent fiasco in the relations with the United States who ordered the shutdown of China’s consulate in Houston. All of this took its toll on China’s reputation.
Its international standing and inability to replace the U.S. as the major global power are not the only issues China is currently facing.
As it experiences multiple domestic and international shocks, China struggles to combat the COVID-19 pandemic and tame the disastrous floods of Yangtze River. The swarm of locusts of biblical proportions is also crippling Beijing’s institutional capacity and may soon lead to food shortages. In fact, the precarity of food supply further diminishes the level of trust for Chinese authorities.
In 2019, the Pew Research Center conducted a public opinion survey to examine the international views of China. In the U.S., Argentina, the U.K., Canada, Germany, and Ukraine, only about 30% of respondents claim a favorable view of China.
As the COVID-19 pandemic rages in the U.S., as many as 73% of U.S. respondents view China unfavorably.
Recently, the C.C.P. is losing its focus by continuously shifting targets. In fact, I believe there is no need for the C.C.P.to rely on nationalistic appeals, since in this new century values, business relations, and fair competition are all far more important than greater than delusive blood ties.
China lies only 130 kilometers away from us. Of course, we welcome dialogue and seek to avoid misjudgments. But we also distinguish between the C.C.P. and China. While we do welcome dialogue, but we will not be coerced to talk under unjust preconditions or in fear.
The only fair prerequisites are those of reciprocity, mutual respect as well as fairness and openness with respect for the rule of law.
Source: Pew Research Center
最近看到紐約時報中文版的一篇文章
<美國的川普,中國的「川建國」>,其中一小段是這樣的
「在中國,人們戲稱川普的中文名字是川建國。那是因為建國是共產黨愛國者中一個普遍的革命人名。它在諷刺地暗示川普對美國的治理不當實際上是在鞏固習近平的政權。」
裡面也提到,川普在任的幾年,國家更分裂,對於氣候變遷,傳統美國盟友,乃至於疫情處理等都相當拙劣,對於美國傳統的自由貿易、人權等價值也基本上都沒有太大興趣。這些方針,導致美國在世界的評價降低,波頓的新書也多有描述。
除此之外,許多不幸相信中共宣傳,又或者是中共圈養的小粉紅,特別故意愛宣傳川普增強中國的威望。
但這不是真的。
中共完全沒有掌握美國做得不夠好的地方,去增強其在世界的領導力。
在2016年時,秘魯的亞太峰會舉行期間,習近平政權爭取(RCEP)及亞太自由貿易區(FTAAP)談判;對比2017年初,美國剛宣布退出TPP,加上中國到「一帶一路」和亞洲基礎設施投資銀行,中國當時在世界全面發揮投資貿易、高科技併購還有其地緣戰略的影響力。
也是那個時候,各種的大國崛起、大國軍工、大國科技的宣傳影片此起彼落,似乎正準備要在世界舞台發光發熱。
這曾經是中共慢慢轉向的一個機會之窗。彼時(2017)美國盟友對美國總統的不信任度達到歷史新高,根據皮尤研究中心的資訊,英國對於美國總統的不信任度達到75%、日本72% 澳洲70% 法國更高達86%
如果那時中共開始有限度的改革,對內放寬言論自由,或者至少維持在胡溫當時的水中,對外追求有責任的基礎建設,逐步緩慢減低不公平的貿易壁壘,對於國有企業改革,增強私營企業、新創企業的活力。
停止對新疆迫害,不干預香港自治,不僅國際形象會大幅改善,哪怕是緩慢但是穩健的改革,也會讓大量吸引外資,讓中國的活力持續前進。
哪怕是什麼都不做也好
那或許有這麽一點可能性,中國「夢」是可以前行的
但是歷史機緣的大門已經關上。
習、禁、停、放棄了這個機會之窗,徹底的走向相反的方向。
更專制、更沒有彈性,更沒有任何制衡的力量。各種戰狼外交,讓瑞典議員提案驅逐中國大使,捷克布拉格市長與台北簽訂姊妹是,就解散上海與該市關係、被美國關閉領事館、各種讓中國形象低下的事情,中共都沒有少做。
中共不但完全沒有辦法取代美國,在多重國內外的衝擊之下,又是瘟疫,又是超大水患,緊接著蝗害,還有進來的糧食不足問題,正在面臨巨大的瓶頸。
而糧食的命脈,卻恰恰又在對他最不信任,對中共價值最反對的國家聯盟
根據皮尤研究中心:Pew Research Center2019調查各國對中國的喜好度,美國、阿根廷、英國、加拿大、德國、烏克蘭等,對於中國的喜好度都在30%上下
而2020疫情後美國對於中國的不信任度,更高達73%。
最近中共在演習,又要玩轉移目標的手段,對於中共,其實不必再有民族主義的同情,因為新的世紀,價值、商業模式、公平競爭的制度大於血緣幻想。
中國離我們只有130公里的距離,我們當然歡迎對話,避免誤判。但我們同時也區分中共與中國,歡迎對話,但不在前提、條件、恐懼之下對話。
如果真的要有前提,那就是對等、尊重,還有公平公開法治的方式會晤。
資料來源:皮尤研究中心:Pew Research Center
(美國著名的民調機構和智庫機構,https://www.pewresearch.org/)
同時也有10000部Youtube影片,追蹤數超過2,910的網紅コバにゃんチャンネル,也在其Youtube影片中提到,...
argentina climate 在 ลงทุนแมน Facebook 的精選貼文
วิกฤติอาร์เจนตินา ที่รัฐบาลผิดนัดชำระหนี้ /โดย ลงทุนแมน
พันธบัตรรัฐบาลดูเหมือนเป็นสินทรัพย์ที่ปราศจากความเสี่ยง (Risk-free asset)
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Continue ReadingThe Argentina crisis that the government defaults to pay debt / invest manly.
Government bonds seem like risk free assets (Risk-free asset)
But now there is one country where the government can't afford to pay the debt.
That country is Argentina
How does this come to be?
Investing man will tell you about it.
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Year of July. Prof. 2010 Argentina's public debt is at 4.9 trillion baht.
Or about 44 % of GDP
Year of July. Prof. 2019 Argentina's public debt is at 11 trillion baht.
Or about 93 % of GDP
Increasing public debt is creating a heavy problem for Argentina now called Argentina the sick people of South America.
Some may not know that once in the early 20th century, Argentina was one of the world's most wealthy countries.
Because Argentina's farming industry is growing greatly from lands, fertile and climate suitable for agriculture sector.
This story is made in July. B.E. 1913 Argentina is addicted to 1 of the 10 countries with the world's highest population income.
However, time has passed 106 years
In the year. B.E. 2019 Argentina's per capita income falls to 66 of the world.
The beginning of economic fragility of a country is born from 2 main causes.
1. Political unrest, which comes from the Revolution of the military and corruption of cuddle Politicians.
2. Policy implementation of many leaders in the past who wanted to create a nationalist and bring in printing and budget spending, large amounts of balance.
When things are like this, it causes financial burden to the country.
Argentina has experienced various problems like a strong patient.
So how does this affect Argentina?
Year of July. Prof. 2019 The country's inflation rate is at 54 % highest in almost 30 years.
And the 5th highest in the world
During the year of July B.E. 2009-2019 Argentina has a budget deficit every year, making Argentina one of the world's longest budgeted countries.
The government's debt burden is increasingly composed to high-level inflation. This is why the Argentine peso goes down quickly.
If we exchanged $ 1 for Argentina pesos
Year of July. B.E. 2009 will exchange for 3.8 Argentina pesos
Year of July. B.E. 2019 will exchange for 60 Argentina pesos
The country's money is almost 1,480 % weaker. Many people may think that one side of peso money should help the export sector of the country, but it doesn't seem like much. Because today, the export sector is just 14 % of the country's exports. GDP value only
Peso's weakening of money makes the central bank have to use the reserve to keep the money from severely weakening.
But this has reduced the central bank reserve substantially from 2.1 trillion baht in July. B.E. 2018
Only 1.2 trillion baht left now.
Argentina needs help from the International Monetary Fund (IMF) worth over 1.8 trillion baht, which is the most critical country's subsidy in IMF history.
However, another bad joke is
Currently, the public debt burden that the Argentina government has is 80 % in foreign debt and most are in the picture of US dollars.
The weakness of Argentina peso compared to US dollars makes the country's debt increase because more Argentina peso is required to pay the same debt.
We can imagine that 10 years ago
If we owe $ 1
We will spend just 3.8 Argentina pesos to exchange $ 1 to pay back debt.
But come today, we're spending 60 Argentina pesos to exchange $ 1 to pay back debt.
This kind of thing has happened to Thailand in July. Prof. 1997 Many people remember that we need to spend 2 times more money to pay the same debt.
But Argentina is now not 2 times more debt, but ten times more debt..
The Argentina government currently has foreign debt for over 2 trillion baht and recently, the Argentina government has just defaulted to pay the debt (Default). Pay interest in stock loan amounts of over 16,000 million baht.
The government has previously negotiated restructuring debt with creditors to pay down interest and delay debt repayment, but it is rejected by creditors. Now the Argentine government needs to revisit the new offer to negotiate with creditors again.
Which now doesn't know what the final conclusion of this story will be.
But for sure, if the Argentina government can't afford to pay debt to the creditors, the story may be worse than we see now.
While Argentina's debts pay interest for the 9th Argentina in country history after Argentina has experienced total 8 moratorium defaults since Spain independence in July. Prof. 1816 or 204 years ago
This may be a lesson for many countries to learn things from countries that have experienced problems in order to avoid and not follow those countries.
Thailand now seems far from being Argentina
But be careful because everything, if careless, it can always happen..
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References
-https://tradingeconomics.com/argentina/government-debt-to-gdp
-https://www.statista.com/statistics/316929/national-debt-of-argentina-in-relation-to-gross-domestic-product-gdp/
-https://en.wikipedia.org/wiki/Economic_history_of_Argentina
-https://www.statista.com/statistics/316750/inflation-rate-in-argentina/
-https://www.reuters.com/article/us-argentina-economy/argentinas-economic-crisis-explained-in-five-charts-idUSKCN1LD1S7
-https://www.ft.com/content/e6f5c436-37d2-11ea-a6d3-9a26f8c3cba4
-https://www.statista.com/statistics/316916/argentinas-budget-balance-in-relation-to-gdp/
-https://www.bbc.com/news/business-49429361
-https://www.cnbc.com/2020/05/07/argentinas-government-appears-set-to-default-citing-covid-19-pandemic.html
-https://www.theguardian.com/world/2020/may/22/argentina-set-for-default-as-bondholders-reject-new-terms
-https://www.dw.com/en/argentina-in-default-for-second-time-this-century/a-53542302Translated
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