Hours after [US President Donald Trump] signed two bills to support human rights in Hong Kong, angering Chinese government officials, pro-democracy protesters in the beleaguered city held a “Thanksgiving Rally” Thursday night to commend him for taking the action.
… “Fight for freedom, stand with Hong Kong,” thousands of protestors chanted in a public square as they waved American flags and held up copies of the photo [of Trump as boxing champ]… The new laws mandate sanctions on Chinese and Hong Kong officials who carry out human rights abuses on the semiautonomous island, require an annual review of Hong Kong’s trade status and prohibit the export of specific nonlethal weapons to Hong Kong police.
Joshua Wong, a well-known pro-democracy activist who was among those who lobbied for the laws, told protesters Thursday their next goal is to get other Western leaders to follow in Trump’s footsteps in order to put pressure on the Chinese government to give in to their demands.
On the mainland, Chinese government officials were enraged by the new laws… __ https://nypost.com/2019/11/28/rocky-shock-for-china-makes-trump-hong-kong-hero/
China wants to overrun Hong Kong and anoint the land with blood. But this is not a good time for that — too many people happen to be looking that way right now. And China’s faltering economy needs Hong Kong as a financial inlet/outlet to the freer world. So chalk another humiliation for Xi and his chorus line.
Years ago, Al Fin told both Xi and Putin that they had each “pulled the trigger” on their ambitions much too soon. I suppose neither bloody-handed dictator could wait, the biological clock being what it is.
US Economy Still in Good Place
The Chinese trade war has depressed selected parts of the US economy temporarily — but for a good cause. Otherwise, the “Accidental Superpower” seems to be cruising.
Unemployment is at the lowest level since 1969. There were 2.3 million more full time, year-round workers this year than last. And those workers are earning more. Median earnings for full-time workers rose by more than 3 percent last year. Since 2009, average hourly earnings for all employees is up 5.6 percent, while real average weekly earnings rose by 6.9 percent. __ Michael Tanner Cato Institute
The US became the world’s largest economy around the year 1880, just 15 years after the end of a ruinous civil war and painful reconstruction period across half of the country. This meteoric economic growth occurred largely because the US government stayed out of the way of free trade and markets. There is a lesson there for political leaders capable of learning.
“We can be thankful that the economy is still in a good place with economic growth a little better, a rebound in business durable equipment expenditures, and a sharp decline in joblessness which together tell the story that recession is nowhere to be seen and should not be on anyone’s radar in 2020,” wrote Rupkey.
He said the jump in business spending should mean an improved trend in the fourth quarter. __ Patti Domm
The US is in the middle of a significant skills shortage across the industrial sectors. The ongoing skills shortage in construction is just one of the areas where labour shortages are retarding potential growth in the US economy.
Socialists are not fond of economic prosperity, so the US economic picture could change rapidly if a socialist cabal grabs control of the US economy somehow. $Trillions are at stake, so the motivation is certainly there — and thanks to a corrupt media and academia, tens of millions of voters are well indoctrinated.
Hope for the best, but prepare for the worst. Learn more about how to make yourselves and your households more Dangerous.