if you want to understand US foreign policy it will get you a long way if you realize that the main goal of the US government is to weaken China this is the stated policy of not just Republicans and the Trump Administration but also Democrats what unites them is that they see China as the biggest threat to us Global dominance and so much of US foreign policy is aimed at trying to weaken China however that's not the only goal another major mission of US foreign policy is to expand business opportunities for large US corporations allowing them to get access to more markets abroad the US government has also been dedicated to protecting especially big tech companies in Silicon Valley from foreign competition by sabotaging or imposing sanctions or tariffs on foreign competitors especially when those competitors happen to be Chinese companies and the US government has gone out of its way to help us companies buy foreign assets and a great example of all of this is what the US government has been doing with the Panama Canal it brings together both the China element the anti-china element and it brings together the US government's commitment to expanding business opportunities for large US corporations and especially big Financial firms on Wall Street and the latest news as of March is that the Trump Administration helped the world's largest asset manager Black Rock by ports on both sides of the Panama Canal and as the Associated Press put it this essentially puts the Panama Canal under Us control in fact Trump delivered a speech to Congress on the 4th of March in which he boasted that he is reclaiming the Panama Canal and he announced that a large American company had bought the ports around the canal to further enhance our national security my Administration will be reclaiming the Panama Canal and we've already started doing it just today a large American company announced they are buying both ports around the Panama Canal and lots of other things having to do with the Panama Canal and a couple of other canals now Trump intentionally did not name what that company is but it's Black Rock one of the most powerful corporations on Earth Black Rock has 11. 6 trillion in assets under management it invests the wealth of oligarchs and the elites not only in the US but around the world and it buys up assets around the world and black rock is so powerful and it controls so many assets that that black rock itself is more powerful than many countries on Earth and this case is the perfect example of exactly what I was emphasizing that US foreign policy fundamentally aims at weakening China and then expanding business opportunities for us corporations especially on Wall Street so for this analysis today I'm going to start with China and then later I'll talk about Wall Street the Trump Administration has made it clear as day that it considers China to be the so-called biggest threat to the United States to oversee foreign policy as Secretary of State Trump appointed the Hardline neoconservative Warhawk Marco Rubio and in his Senate confirmation Hearing in January he said China is much more of a so-called threat than the Soviet Union was during the original Cold War and Rubio argued that in the future the history of the 21st century will be entirely dominated by Washington's new Cold War against China the Communist Party of China is leads PRC is the most potent and dangerous near-peer adversary this nation has ever confronted they have elements that the Soviet Union never possessed they are a technological adversary and competitor an industrial competitor an economic competitor geopolitical competitor a um scientific competitor now in every realm it's an extraordinary challenge it's one that I believe will Define the 21st century when they write the book about the 21st century there's going to be some chapters in there about Putin there's going to be some chapters in there about some of these other places but the bulk of that book about the 21st century will be not just about China but about the relationship between China and the United States and what direction it went this is the same position that was argued by Donald Trump's CIA director John Ratcliffe during Trump's first term Ratcliffe was Trump's Director of National Intelligence now he's CIA director and he referred to China as the national security threat number one in an article in the Wall Street Journal and the Wall Street Journal also used some of the same cold war rhetoric saying you can never ever trust the Communists so of course they're talking about China today it sounds exactly like the same rhetoric we heard during the original Cold War against the Soviet Union here we are once again in a new Cold War we heard the same message in the Senate confirmation hearing for Trump's CIA director John Ratcliffe in January he said that China is the greatest so-called threat to the US and he vowed that the CIA will be massively expanding its operations to try to weaken China but much more has to be done because our adversaries and one in particular that I will discuss Now understand that the nation who wins the race of emerging Technologies of today will dominate the World of Tomorrow which brings me to the need for the CIA to continue and increase in intensity the focus on the threats posed by China and its ruling Chinese Communist party as dni I dramatically increased the intelligence community's resources devoted to China I openly warned the American people that from my unique Vantage Point as an official who saw more intelligence than anyone else I assessed that CH China was Far and Away our top national security threat president Trump has been an incredible leader on this issue and it is encouraging that a bipartisan consensus has emerged in recent years of course we know that the CIA has meddled in countries around the world organizing coups overthrowing foreign governments so when the CIA director says that China is a so-called threat what he's really doing is he's threatening China it's a very clear message and we've also heard this very aggressive anti-china rhetoric from Donald Trump himself in fact during his inauguration speech Trump falsely claimed claimed that China is controlling the Panama Canal and he vowed that the US will take it over and above all China is operating the Panama Canal and we didn't give it to China we gave it to Panama and we're taking it back Trump said that on the 20th of January and just a month and a half later Black Rock the world's largest asset manager announced that it had come to an agreement to buy ports on both sides of the Panama Canal the way the Associated Press reported this is quote Black Rock strikes deal to bring ports on both sides of Panama canal under American control end quote this case in Panama is a perfect example of how the Trump Administration is trying to reinforce the so-called Monroe Doctrine which is a 202 year old Colonial Doctrine going back to the early 19th century you know when the European Empires were expanding and colonizing many countries the US Empire was telling the European Empires that Latin America is the US Colonial sphere of influence and today the Trump Administration is bringing back this kind of 19th century style colonialism and Trump is telling China that it's not allowed to have bilateral consensual relations with countries in Latin America instead Trump says essentially this is our Colonial so-called backyard and it's not just Latin America it's the entire Western Hemisphere that Trump is claiming as the US Imperial sphere of influence this is why Trump also wants to colonize Greenland and the US government propaganda Outlet Radio free Europe Radio Liberty which was created by the CIA and is funded by the US government they published an article that admitted that the US wants to take over and colonize Greenland to prevent China from getting access to the Arctic region and also Greenland just so happens to have billions dollars worth of critical minerals potentially trillions dollars worth of critical minerals and the US government wants to get control of those critical minerals because the US is trying to cut China out of International Supply chains and especially for military technology because the US is preparing for a potential war with China in the future and the fact that Donald Trump Trump chose Marco Rubio to be his secretary of state is a clear sign of him trying to reimpose the Colonial Monroe Doctrine in Latin America because of course Marco Rubio is a notorious neoconservative Warhawk he strongly supported every major US war and he grew up in Florida and he hates the Latin American left and Marco Rubio has dedicated his life to overthrowing Independent Anti-Imperialist left-wing governments in Latin America and colonizing Latin America and imposing right-wing puppet regimes in the region who will imediately follow us orders and this is why in his first official trip abroad as Secretary of State where did Marco Rubio go he went to Latin America what was the first country that Rubio went to it was Panama and then he went to Al Salvador Costa Rica Guatemala and the Dominican Republic and Rubio was asked about this trip in an interview on Fox News and Rubio and the Fox News host used Colonial language referring to Latin America as the so-called backyard of the US Empire and they complained about China's influence in Latin America I mean this isn't a crime China is allowed to have political and economic relations with countries in Latin America they're independent they're Sovereign but Fox News and Marco Rubio don't see it that way they see Latin America as the US Colonial backyard and in this interview in Fox News Rubio boasted that while he was in Panama he forced the Panamanian government to withdraw from China's Global infrastructure program the BT and Road initiative have we allowed over decades China to make their way into Central and South America and is Panama an example of that we've just not put enough attention in our own backyard is that what you heard when you went there it is and I'm very happy that after our visit I think the same day I was there Panama became the first country in Latin America in the Western Hemisphere to get out of the Bel and Road initiative and I think there'll be more news coming up soon with regards to Panama all positive for America in the same interview in Fox News Rubio emphasized that he considers China to be the most dangerous adversary ever faced by the US Empire you've called China the most dangerous near-peer adversary the US has faced ever uh so we need concrete steps to face off with them who clearly are building up their military to face off with us yes as sophisticated as possible also in this Fox news interview Secretary of State Rubio reiterated that the US government the Trump Administration strongly supports Taiwan separatists and that the US government has to rebuild its own domestic manufacturing especially for weapons he wants to create a new supply chain without China in order to create military technology to prepare for war on China we have a long-standing position on Taiwan that we're not going to abandon and that is we are against against any forced compelled coercive change in the status of Taiwan that's been our position since the late 1970s and that continues to be our position and that's not going to change but we have to have military capabilities that allow us to respond to the threat that China is posing and we need to be concerned we have our aircraft manufacturing our ship manufacturers they are not keeping Pace Chi China can build 10 ships before we can build one that's a very serious vulnerability that cannot continue so we're obviously in a new Cold War you can see that very clearly from the statements by the US government this is not true of just Republicans but also Democrats but you know the Trump Republicans unlike the Democrats which use rhetoric of Human Rights and democracy the Trump Republicans are more explicitly Colonial and they say everything they're doing it's not about democracy and human rights they don't care about all of that marketing which you know the Democrats are very cynical they don't care about it either but they use that marketing the Republicans say very clearly no this is about maximizing us power not only geopolitical Power power but the economic power of us corporations especially Wall Street firms like Black Rock and essentially what we see is in this new Cold War Panama found itself right in the middle of this new Cold War as a target of the US Empire and what happened it immediately gave in and basically surrendered its sovereignty to the US and now Black Rock has bought up these ports on both sides of the Panama Canal and again as the US media is boasting this assures Us control over the Panama Canal one of the most important geostrategic trade routes on Earth and in this context black rock is essentially acting as a kind of privatized outsourced arm of the US government and in the future the US government could decide okay we're going to use Black Rock its control over these ports to prevent Chinese ships from going through the Panama Canal if the US wants to cut off Chinese trade with Latin America and if there's a war between the US and China the US can ban Chinese ships from ever passing through the Panama Canal or try to ban foreign ships with Chinese goods from passing through the Panama Canal so the US government can now do exactly what it was falsely accusing China of because as you know it is often said every accusation that the US government makes is actually a confession about what it would like to do this case with black rock is a perfect example because you know the US government constantly falsely claims that China is taking over the world by buying up foreign infrastructure and all this nonsense but in reality as this article in the Associated Press points out this Consortium led by black rock that bought the ports on both sides of the Panama Canal this black rock Le group Now controls more than 43 ports in 23 countries countes including Panama Mexico the Netherlands Egypt Australia Pakistan and Beyond so while the US fears about China buying up foreign assets Black Rock the world's largest asset manager with 11. 6 trillion dollars in assets is buying up infrastructure and other assets around the world with the backing of the US government and this is bipartisan it's not just the Trump Administration it's also Democrats like the former Biden Administration in fact under Biden the White House created something called The partnership for Global infrastructure and investment This was meant as Washington's alternative to China's Global belon Road initiative however a major difference between the US program and the Chinese program is that China's belt and Road initiative the BR is largely overseen by state-owned Enterprises these are companies that are not operating for profit so they can operate in countries and build infrastructure that is not profitable whereas this us program the partnership for Global infrastructure and investment is being driven by for-profit private corporations because of course the US basically has no State own Enterprises you know China has a socialist system the US has a neoliberal capitalist system driven entirely by profit and what are the companies that are overseeing this investment in global infrastructure they are black Rock and some other asset managers so when the White House announced this program the main company overseeing This Global infrastructure initiative is Black Rock and also JP Morgan Chase the largest US Bank alphabet which owns Google one of the most powerful monopolies on Earth and Microsoft another massive Silicon Valley Monopoly and then another company backed by the US government back in the Biden administ ation that was involved in this project was called Global infrastructure Partners now who owns Global infrastructure Partners You Guessed It Black Rock so all of these US government programs not only aim to try to weaken China but also to benefit big asset managers like Black Rock and other investment companies on Wall Street and black rock and Global infrastructure Partners have been working very closely with Microsoft to build AI infrastructure and to invest in data centers and power grids and a day after Donald Trump returned to office he held a press conference at the White House in which he announced the US government-backed AI investment program which is called the Stargate project which is being led by open AI the big AI company that is half-owned by Microsoft so we can see at every single level here how US government policy is meant to benefit these big corporate monopolies on Wall Street and in Silicon Valley Trump has made this absolutely clear as day by filling his administration with 13 billionaires Trump himself is of course a billionaire and then you have the world's richest oligarch Elon Musk who has hundreds of billions of dollars in wealth and you know people kind of semi jokingly but not so jokingly call him the deao co-president of the United States and then of course there's the fact that Donald Trump invited the world's most powerful billionaire oligarchs to sit with his cabinet members at his inauguration which once again just symbolically showed How Deeply tied the US government is to this corporate oligarchy but although Trump has made it absolutely obvious that the US is not a democracy it's an oligarchy controlled by these big corporate Elites at the same time I should point out this is not just Trump and the Republicans this is bipartisan the Democrats had many similar policies benefiting Silicon Valley and Wall Street at the expense of the working class a good example of this was in 2024 at the G7 Summit which you know consists of the seven Colonial countries that colonize most of the world it's North America Western Europe and Japan well who was invited to sit with Western leaders heads of state at the G7 Summit no other than the billionaire oligarch CEO of Black Rock Larry thinkink and at the G7 Summit he gave a speech talking about how black rock with the backing of Western governments is buying up infrastructure around the world the IMF and the World Bank were created 80 years ago when Banks not markets financed most things today the financial world is flipped the capital markets are the biggest source of private sector financing and unlocking that money requires a different approach than the bank balance sheet model of yesterday there's still a lot of work to be done but reform over the past eight months have resulted in billions of dollars of new dollars for the developing Count's infrastructure that's what you saw last week with the announcement of the investor Coalition Black Rock Gip KKR and other major firms will deploy $25 billion dollars in Asia's emerging economies this is why building new infrastructure is critical especially through public private Partnerships infrastructure Investments is a counterforce to the high debt low growth economies now that program in which the US government is going to help Black Rock buy up infrastructure around the world and become this kind of new feudal Lord that controls roads and ports and and infrastructure everywhere that program was launched by the Biden Administration but here we are under the Trump Administration and black rock has continued buying up infrastructure with Trump's help they're now buying up the ports at the Panama Canal this is the perfect illustration of why the CEO of Black Rock the billionaire Larry thinkink said before the presidential election in 2024 he said quote it really doesn't matter end quote who wins the election he said whether it's the Republicans or the Democrats Trump or kamla Harris or Biden or whomever he emphasized That Wall Street always benefits from US government policy because the US is not a democracy it's an oligarchy and US government policy is made on behalf of the capitalist oligarchs on Wall Street and in Silicon Valley what we're seeing today is that rich capitalists around the world are investing in asset managers investment managers and they're buying up not only stocks and bonds and you know other debt instruments and such around the world but they're buying up infrastructure and real estate and together the 500 largest asset managers in the world have $128 trillion in assets under management I mean this is the kind of global capitalist oligarchy we're seeing where there's more and more wealth inequality workingclass people are struggling to buy a house because all of the assets including the houses are being bought up by these corporate oligarchs well rather they being bought up by these asset managers who invest the wealth of the corporate oligarchy in fact the perfect example of this is Black Stone which is the world's largest alternative asset manager not to be confused with black rock in fact it's even more complicated because Black Rock the world's largest conventional asset manager actually owns about 7% of a stake in Black Stone but black stone which which is largely it runs a private Equity Fund which is what it's most known for and black stone is the largest landlord in the United States Blackstone owns more than 300,000 housing units in the US and it's notorious for buying up housing units and then ratcheting up rents so one of the main reasons not the only reason but one of the reasons why there's so much homelessness in the US and people cannot afford housing is because how housing is an investment it's no longer seen as just a place to live it's an asset that is bought up by Rich investors including institutional investors on Wall Street like Blackstone and and increasingly Black Rock but also simply the rich in general because they say you know I have a bunch of money sitting around what am I going to do with it well you know stocks are very overvalued right now bonds are not offering great yields instead I'm just going to buy up a bunch of real estate I'm going to buy up 20 apartments and then rent them out and make more money so the US has become increasingly a country of landlords and the US government has been promoting this because us politicians have been bought off by the corporate oligarchs I mean the US is the best so-called democracy that money can buy in more than 90% of the Congressional races in the House of Representatives the candidate who has more funding big corporate donations wins the election and in the Senate the story is the same about 80% of candidates who have more Cor corate donations win the election and we can basically see the same thing with the presidency Donald Trump is serving the interest not only of himself and his friends of course Trump is a billionaire and again there are 13 billionaires in his administration but not just that you know who one of the main donors was for Trump's campaign for president it was the CEO of Blackstone the powerful billionaire oligarch Steven schwarzman and as Bloomberg pointed out this Blackstone CEO is now well positioned to influence Donald Trump's policies on corporations and on taxes and of course Trump is pledging to massively cut taxes on the rich in corporations and to deregulate corporations so again this is the best so-called democracy that money can buy on Wall Street you have these billionaires who donate millions and millions of dollars to basically buy politicians those politicians come into office then they also get lobbied by big corporations and then they pass tax breaks on the rich and in corporations so it's basically an investment Blackstone and these other big corporations they they invest some money in campaign contributions and then they make much more money through US government policy and by the way you know how much money this billionaire Blackstone CEO Steven schwarzman got paid in 2024 again this is one of the main donors to Trump in one year he made 1.
6 billion dollars in pay and dividends just for his work at Blackstone this is not considering his other Investments I'm sure he made billions more again this is one of the most powerful billionaire oligarchs on Earth and one of the main donors to Trump along with of course Elon Musk who Not only was the biggest donor to Trump but he was actually the biggest political donor in the entire United States according to the Washington Post Elon Musk donated 200 88 million to support the Trump campaign in the 2024 election and this was a huge investment for musk because of course after Trump won the election Tesla stock skyrocketed stock in other companies run by Elon Musk skyrocketed so of course not only did musk get much much richer he's again the richest man on Earth but not just that musk is not just benefiting from Donald Trump's policies he's helping Trump to make those policies in the Trump Administration itself on behalf of oligarchs like him so you know under Democrats they often create policies on behalf of billionaires now the Republicans and Trump they've cut out the middleman and they are directly making policies by billionaires for billionaires at the expense of the working class and before I conclude today I want to briefly look at analysis that was written by a financial analyst named SE Carson this guy is not in any way a political activist he's certainly not a leftwing activist at all he's a financial Speculator he's very wealthy and he wrote this analysis on Twitter and I think it's actually a very accurate description of what the Trump Administration is doing again from not a political activist not a journalist from a financial analyst whose job is to make money to understand what is happening in the US economy and he's saying if you listen to what Donald Donald Trump's treasury secretary Scott bessent is saying the message is clear by the way who is Scott bessent he's a billionaire hedge fund manager and Donald Trump chose him despite the fact that ironically Scott bessent worked for the billionaire oligarch George Soros who's one of the main adversaries the boogeyman of the Republican party but again it's all a big Club of billionaires and we're not in it anyway getting back to this analysis he made it clear that the Trump administ R's economic policy is reaganism on steroids it's the same old trickle down economics that we saw under Ronald Reagan but with the pedal to the metal so here this is this financial analyst summarizing what the Trump Administration is trying to do they want to slow down demand in the real economy and and therefore slow inflation by Distributing less money to average working people to slow down wage group growth and cut Social Services to bring down median income so this is a class war the Trump Administration wants to reduce your wages if you're listening to this it's very likely that you're workingclass you're not a millionaire or a billionaire the Trump Administration is trying to bring down your wages cut government spending that benefits you cut Social Services so the Trump Administration is cutting government employment cutting Medicaid it's actually a typo cutting Medicaid Trump claimed he's not going to cut Medicare he might actually but we'll see they're cutting SNAP food assistance and school lunches that's cutting you know food for children in schools and cutting food stamps and they're cutting lowincome housing assistance meanwhile they plan in equal amounts to increase supply side stimulus this is just trickle down economics and this financial analyst points out that this will send money to the top zero 0. 1% of the top wage earners so the richest of the rich not just the 1% the 0. 1% are going to benefit from Trump's policies and this won't increase inflation he argues because it only benefits a small minority of the population whereas the vast majority of people have their purchasing power crushed which will crush demand which will bring down inflation and meanwhile Trump will impose massive corporate tax cuts he's going to to gut the IRS and gut corporate Financial over oversight and regulation he's going to deregulate to allow corporations to do whatever they want to maximize profitability and he's going to drill baby drill and then he estimates that this will lead to deflation because demand will be crushed faster than Supply will increase so he predicts that the Federal Reserve the US Central Bank will end its quantitative tightening policy which is restricting money supply and will return to quantitative easing QE which will increase the money supply which basically means money printing so the Trump Administration is doing everything it can to to smash purchasing power to reduce wages to gut social spending that benefits people the Trump Administration is doing everything it can to benefit the 0.
