Who Will Survive the Next Big Global Economic Crises

February 13, 2019

When the next global economic crises hits — not if, but when — how will China deal with it compared to the United States?

First, as of October 2018, the U.S. government owes China $1.138 trillion dollars.  That’s 29 percent of the $3.9 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $21 trillion U.S. national debt is owned by either the American people or by the U.S. government itself. That is equivalent to about 47.6% of GDP.

On the other hand, the national debt of the People’s Republic of China is the total amount of money owed by the government and all state organizations and government branches of China. As of October 2018, it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion),

In 2007, the United States federal government was only $9-trillion in debt. Today, it is $22.7 trillion in debt and with Trump cutting taxes and spending more; it is going to grow much bigger. The United States recorded a government debt equivalent to 105.40-percent of the country’s Gross Domestic Product in 2017, and there is no end in sight.

After 2008, almost nine-million Americans lost their jobs, and there were more than 3.1 million foreclosure filings issued during 2008, and that was just for that one year. That can’t happen in rural China and most of China’s factory workers have homes in rural China. When a job is lost in an urban city, the government gave the unemployed workers a free train ticket to go home to the countryside where the family home was not at risk of being taken away since there was no mortgage or property tax to worry about.

What happened in China after 2008 reveals how the Chinese will survive the next global financial disaster.

“The lack in demand from abroad meant factory closures, resulting in high job losses all over China. Guangzhou, a major manufacturing town, lost tens of thousands of workers in 2008, forcing citizens to return to their home in the countryside.”  Along with being forced to go home, most if not all of those Chinese citizens were allowed to retire early and collect Social Security. Younger workers were put to work in state owned factories and sent to work on infrastructure projects.

HROne says, “China’s Social Security System consists of 5 mandatory insurance schemes (pension fund, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance) + a housing fund (only applicable to Chinese employees).” … “An individual can receive a pension based on the amount accumulated in his/her individual fund after retirement.”

“In general, individuals need to pay at least 15-years of contributions prior to receiving a pension in China. Some industries have different retirement ages, but mainly men are 55 years old, women are 50 years old (blue-collar work), men are 60 years old, and women are 55 years old (white-collar work). The amount of retirement benefits depends on local regulations. Due to China’s population problems, these ages may soon change.”

The difference between the United States is China incorporates the characteristics of socialism, capitalism, and communism. China is not a pure communist or socialist or capitalist state. It is a hybrid and the CCP holds the reins of power.

As a socialist-capitalism country, all of China’s land is owned by the government. In urban China, the government leases homes and businesses but doesn’t sell the land. In most of if not all of rural China there is no mortgage or property tax, so losing your urban job and returning to your rural village home in the countryside doesn’t mean you are going to lose your home and become homeless. China also launched a $586 billion stimulus package designed to encourage more consumer spending and build new infrastructure putting people to work.

The United States is one of the most capitalistic countries in the world. Capitalism is an ideology where the means of production is controlled by private business. This means that wealthy, powerful individual citizens run the economy without government interfering in production or pricing.

What did the United States do in 2008?  President G. W. Bush, not President Obama, signed TARP’s 700-billion dollar bailout program. The initial purpose was to save the banks … not the people. The TARP program quickly turned around the banking industry but the U.S. didn’t do what China did to generate consumer spending and create infrastructure jobs. Yet infrastructure in the US is in horrible shape from its electric grid, its highway system, to its railroad network and bridges. G. W. Bush never intended the banks to pay the government back. When Obama became president, he changed that and most of that public money was paid back to the government.

While China used its government bailout money to help its people, the United States did nothing for its working-consumer class and more than a decade later many Americans are still struggling to survive financially.  When the next global economic crises hits, no one knows what will happen in the United States, because that depends on who is president at the time and what political party controls one or both Houses of Congress

For instance, instead of improving the social safety net in the United States, MarketWatch.com reports, “Why the latest warnings about cuts to Social Security and Medicare are a reason to worry.”

Here’s how bad: “Unless something’s done to shore up Social Security, monthly checks could get cut 23% by 2034.”

I think it’s a safe bet that China’s government will do something similar to what it did in and after 2008.

The United States will probably also do the same thing it did last time: bail out the banks and big corporations while continuing to keep cutting taxes for the wealthiest one-percent of Americans. As for the social safety net that’s supposed to be there for most U.S. citizens, who knows how it will weather another economic crises since it is already at risk.

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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Cradle to Grave – The Surveillance State: China vs the United States

February 6, 2019

It’s no secret that China monitors its citizens, internet activity, and battles pornography, and China is working to improve those methods to make them more effective and efficient.

But when it comes to the United States, what seems to be ignored is the fact that America is also a surveillance state.  The difference is in who is behind that surveillance. In China, it is the government. In the United States it is mostly private sector corporations that are owned and controlled by the 0.1-percent wealthiest citizens, or, to be more precise, the real Deep State that goes to extremes to manipulate the other 99.9 percent of US citizens to do what the autocratic billionaires in charge want them to think and do.

In China, there is no Deep State because the Chinese Communist Party with more than 80-million Party members spread across the country in every city and province rules the country as a team with a primary goal to hold on to power and increase the quality of every citizen’s lifestyle while insuring harmony.

Understanding what that harmony means to most Chinese helps explain one of the reasons for China’s surveillance state, but what is the reason behind America’s corporate surveillance state that monitors our lives and gathers data on every citizen that will follow us from cradle to grave?

In China, the state owned media is self-censored to the point that sometimes China’s president or a member of the Politburo, decisions are made through consensus, makes a phone call and requests that Xinhua covers an issue in more depth that has been ignored. In China, there is one unified message reported to the people and it is no secret that the people know the news is censored and can be misleading.


The U.S. is the only Western Country that doesn’t have a law that allows its citizens to know what information corporations have collected on them.

However, in the United States, the media is in bedlam and disarray. President Donald Trump repeatedly calls media reports he doesn’t like or disagrees with as “Fake News” while the media he supports and watches (since Trump has said more than once that he is proud he doesn’t read books), like Fox News, is spreading misinformation and lies to support a political agenda from one political and/or religious sect.

The reason behind China’s surveillance state is different. In China, the surveillance state keeps watch so it is almost impossible for an individual or group to sabotage the Party’s plans to continue to modernize China and improve the lifestyles of its citizens — even if the Chinese do not have the freedom to speak out on political issues and attempt to shake up the establishment.


In the United States people are products when it comes to information gathered without their knowledge and permission.

In the United States the media is in chaos, and that chaos is spreading throughout the country.

But China has already lived through more than a century of chaos until Deng Xiaoping ended the last element of that suffering, the  insanity of Mao’s Cultural Revolution. I think it is safe to say that the majority of Chinese citizens will support a surveillance state that focuses on promoting peace and harmony instead of insanity and chaos.

This blog post wouldn’t be balanced without mentioning that Actually, Most Countries Are Increasingly Spying on Their Citizens, the UN Says. “Today’s news shows that massive surveillance can no longer be said to be the realm of authoritarian regimes, and is part of an alarming trend worldwide,” reported Privacy International, a group that supports limits on surveillance.

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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In 1823, the United States Decided the Outcome of China’s claims in the South China Sea

January 9, 2019

China’s claims and actions in the South China Sea look similar to what the U.S has done with the Monroe Doctrine since 1823.

History.com teaches us that “on December 2, 1823, President James Monroe used his annual message to Congress for a bold assertion: ‘The American continents … are henceforth not to be considered as subjects for future colonization by any European powers.’

Ducksters.com spells out the Effects of the Monroe Doctrine:

The Monroe Doctrine had a long lasting impact on the foreign policy of the United States. Several U.S. presidents have invoked the Monroe Doctrine when intervening in foreign affairs in the Western Hemisphere. Here are some examples of the Monroe Doctrine in action.

1865 – The U.S. government helped to overthrow Mexican Emperor Maximilian I, who was put in power by the French. He was replaced by President Benito Juarez.

1904 – President Theodore Roosevelt added the “Roosevelt Corollary” to the Monroe Doctrine. He used the doctrine to stop what he called “wrongdoing” in several countries. It was the beginning of the U.S. acting as an international police force in the Americas.

1962 – President John F. Kennedy invoked the Monroe Doctrine during the Cuban Missile Crisis. The U.S. placed a naval quarantine around Cuba to prevent the Soviet Union from installing ballistic missiles on the island.

1982 – President Reagan invoked the Monroe Doctrine to fight communism in the Americas including countries such as Nicaragua and El Salvador.

And, according to international law, the jurisdiction of a country only extends no more than 3 nautical miles into the ocean.

However, on “March 10, 1983, President Ronald Reagan signed a Presidential Proclamation (5030) which set up the U.S. Exclusive Economic Zone (EEZ). The EEZ consists of those areas adjoining the territorial sea of the United States, the Commonwealth of Puerto Rico, the Commonwealth of Northern Mariana Islands, and U.S. overseas territories and possessions. The EEZ extends up to 200 nautical miles (370 km) from the coastline.”  – Bureau of Ocean Energy Management

With America’s Monroe Doctrine and Reagan’s Presidential Proclamation used as a precedent, it appears that China is doing the same thing in East Asia.

In April of 2018, China’s proposed a new boundary in the South China Sea. The South China Morning Post reported, “The new boundary will help to define more clearly China’s claims in the contested region, but it is not clear whether or when it will be officially adopted by Beijing, the scientist said.”

However, China’s claims over East Asia and its seas stretches as far back as the Western Han Dynasty (221 BC) up to the end of the Qing Dynasty in 1912 with China’s long history with tributary states.

Historically, a tributary state is a term for a pre-modern state in a particular type of subordinate relationship to a more powerful state which involved the sending of a regular token of submission, or tribute, to the superior power. This token often took the form of a substantial transfer of wealth, such as the delivery of gold, produce, or slaves, so that tribute might best be seen as the payment of protection money.

What China is doing today in the South China Sea is similar to what it was doing more than two-thousand years ago, and  what the United States has done since 1823’s  Monroe Doctrine and Reagan’s 1983 Presidential Proclamation (5030).  If the United States can do it and get away with it for almost two hundred years, why can’t China do something similar in East Asia?

To make it official, maybe China might consider copying U.S. President James Monroe, but call it the Xi Jinping Doctrine. That will make it official and Xi will join Monroe and Reagan in the history books.

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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China’s Cultural Revolution is History but the one raging in the U.S. Isn’t

December 12, 2018

Will the United States survive its current cultural revolution being led by Alt-Right billionaires, bullies, trolls, racists, and Donald Trump?

China survived its Cultural Revolution in the middle of the 20th Century and look where that led: WeForum.org reports, “China’s meteoric rise over the past half century is one of the most striking examples of the impact of opening an economy up to global markets.

“Over that period the country has undergone a shift from a largely agrarian society to an industrial powerhouse. In the process it has seen sharp increases in productivity and wages that have allowed China to become the world’s second-largest economy.”

There is a big difference between these two Cultural Revolutions. Mao’s Cultural Revolution was meant to benefit most of the people and punished the wealthy.  At first Mao failed to achieve all of his goals, but once Mao died and his Maoists lost power, China recovered like no country in history has ever done before.

However,  what happened in China will not happen in the United States, because the Cultural Revolution taking place in the U.S. will only benefit a small number of people, the wealthy.

The only thing Mao’s Cultural Revolution has in common with America’s Cultural Revolution is the propaganda designed to prop them up. Understanding the Mechanism of Propaganda teaches us: “At its most basic, propaganda is biased or misleading information circulated via some form of mass media with the intent of promoting a political agenda or viewpoint. Propaganda is deliberately not objective and is usually part of a larger psychological campaign to influence people toward a specific opinion. It may include outright lies or more subtle misinformation and censorship.”

Donald Trump learned how to use propaganda from masters at this game of deception like all the dictators Trump admires and worships.

Trump has been using a propaganda campaign since before he was elected president in 2016 to cast doubt on all media fact check sites because Trump wants the media to report only what he wants people to hear just like every dictator and tyrant in history.

If you Google “who is fact checking the fact checkers” you will run in to some of the propaganda designed to feed the confirmation bias of Trump’s base and to erase any doubts they might have.  These Trump followers are so willingly blind, they will not fact check the claims from the propaganda that claims the media and its fact checkers can’t be trusted.

Once that idea is planted in their minds, Trump’s rabid followers will dismiss everything they read from media fact check sites that does not match what they are hearing from Trump and the Alt-Right misleading, conspiracy theory media machine.

For Trump’s mindless mob it has become automatic to dismiss everything and only accept what Trump tells them.

However, Real Clear Politics has a Fact Check Review.

Fact Check Review Methodology

“The goal of the RCP Fact Check Review project is to understand how the flagship fact-checking organizations operate in practice, from their claim and verification sourcing to their topical focus to just what even constitutes a ‘fact’.” …   (Click the link above for more)

If you want to discover the rankings of the fact check sites, click the link above and scroll down to discover that in the first column, Snopes was 99-percent correct for the previous week, FactCheck.org was 90-percent correct, Politifact was 86-percent correct, the Washington Post was 85-percent correct and the New York Times was 83-percent correct.

Then compare that to Trump’s lies.  All of the fact check sites list Trump’s lies and according to Real Clear Politics, the media fact check sites are overwhelming accurate with the truth compared to Trump.

CNN.com reports, “Donald Trump lies. And he is doing a lot more of it lately.”

The sad fact is, once seduced by Trump, nothing in this blog post will matter to Trump’s Red Guard. Whoops, I mean supporters. To Trumpists, the media Trump hates is full of fake news and fact check sites can’t be trusted because they are always wrong. Only trust in Mao. I’m sorry. I’m bad. I meant to say Trump and didn’t mean to insult Mao.

If Donald Trump and the Alt-Right billionaires, bullies, trolls, and racists win the U.S. Cultural Revolution in the United States, it will make Mao’s Cultural Revolution look like preschool.  If you doubt that, click the link and read what Vox.com has to say about “White American men are a bigger domestic terrorist threat than Muslim foreigners. Since Trump took office, more Americans have been killed by white American men with no connection to Islam than by Muslim terrorists or foreigners.” … “between 2001 and 2015, more Americans were killed by homegrown right-wing extremists than by Islamist terrorists, according to a study by New America, a nonpartisan think tank in Washington, DC.”

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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How the Chinese saved GM’s Buick Brand and Donald Trump is killing American Jobs

December 5, 2018

Malignant Narcissist and the embarrassingly ignorant Donald Trump used his “BULLY” pulpit as the president of the United States to threaten: “General Motors Should Pay Back Bankruptcy Aid.”

Trump said this, “One day after General Motors reported it will shutter five North American assembly and powertrain plants.” The reason: the tariffs President Donald Trump has placed on steel and aluminum in his trade war with the world.

After Losing $1 Billion to Tariffs, General Motors Announces 14,000 Layoffs

And the BBC.com reports. “(Trump’s) Critics point out the US gets most of its (imported) steel from Canada and the EU – staunch US allies.”

In addition, ABC News reports, “The U.S. produced 81.6 million metric tons of steel in 2017, according to steel trade group The World Steel Association (WorldSteel).” How much steel did the U.S. import: “In 2017, there were 36 million metric tons of steel imported to the U.S.”

In June, Trump already had “imposed a 25 percent tariff on $50 billion in Chinese goods, including China-built cars such as the Buick Envision.”

The Envision was first introduced publicly in China on July 1, 2014, with a photo of the car under a cover and placed between a Buick Encore and a Buick Enclave.

The Buick Envision has never been manufactured in the United States and no American jobs were lost jobs because of the Buick Envision being produced in China.

Back in July 2014, NBC News reported, “How China, Not Your Grandfather, May Have Saved Buick’s Future.

The reason China saved Buick is because in China Buick became a luxury car equal to BMW and Mercedes Benz. “In the late 1990s, when General Motors wanted to become one of the first Western automakers to set up a plant in China, government officials told then-CEO Jack Smith they wanted GM’s ‘best brand,’ he once recalled — not Cadillac, not Chevrolet, but Buick. Today, GM is the second-largest automaker in China and Buick is its top brand.”

How many GM Buicks are sold in China vs the United States?

Forbes.com reports, “When GM went through bankruptcy a decade ago and euthanized Saturn, Pontiac, Saab and Hummer, the custodians also pressed the case to relegate Buick to the automotive graveyard along with Mercury, Plymouth, Hudson, Studebaker, AMC, LaSalle, etc. But they were deterred by a passionate case for Buick made by GM executives stating that if the brand were killed in the U.S., it would probably dramatically impact the brand’s bizarrely healthy business in China. That’s right. Buick sells more than 800,000 Buicks a year in China. In the U.S., Buick did about 220,000 last year.”

Do you think the Chinese would be willing to buy that many Buicks if China allowed them to be imported, with a price increase, if GM moved manufacturing back to the United States for Buicks sold in China?

In fact, some U.S. made vehicles are exported to and sold in China. USA Today reports, “Altogether, Chinese sales of U.S.-made vehicles totaled about 266,657, representing less than 1% of the world’s largest automotive market.” Compare that number to how many cars made in China were sold in the US: USANews.com provides the answer: 50,000.

What country will lose the most jobs if the U.S. is forced to stop selling more than a quarter million cars made in America to Chinese consumers while China stops selling fifty-thousand to U.S. consumers all thanks to Donald Trump’s trade war?

Let’s not forget that Donald Trump has said he is a stable genius, very intelligent, and a great businessman … that caused U.S. banks to lose more than a billion dollars from Trump’s six biggest bankruptcies. Did you know that Donald Trump said during the 2016 presidential election debates that he never had a bankruptcy?

It is safe to say that if Donald Trump brags about how great he is, he is lying.

If you are curious how to sell China manufactured products in China, visit the China Law Blog here.”

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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Donald Trump’s Revival of Racism in the U.S. reminds me of the Chinese woman who died a thousand times

November 28, 2018

Until Chinese started to immigrate to the United States in the mid-19th century, they never encountered a people who considered them racially and culturally inferior. At the time, the discrimination against the Chinese in America was only exceeded by the racism directed at African-Americans.

The Chinese-American woman I’m thinking of was Anna May Wong (1905 to 1961), and the American brand of racism that hatched the Chinese Exclusion Act of 1882 that prohibited all immigration of Chinese laborers also had a negative impact on the life of this woman.

As a child, Anna loved going to the movies and even cut school to go to the show. Eventually, she gained some success in film as an actress. Between 1919 and 1961, she acted in 62 films. The Internet Movie Data Base says she was the “first Chinese-American movie star”.

However, to act, Anna had to play the roles she was given. Because she was Chinese, the American racist stereotype always cast her as a sneaky, untrustworthy woman that only fell for Caucasian men. The price she paid to act in movies meant Anna had to die so the characters she played got what they deserved.

Anna often joked that her tombstone should read, “Here lies the woman who died a thousand times.”

In fact, in the 1960s, many of the anti-racist laws enacted during the Civil Rights era focused on protecting African-Americans. Since the Chinese, due to cultural differences, often did not complain, they were left behind.

In many respects, this racism toward the Chinese still exists in the U.S. today and manifests itself through the media as China bashing. How often have you been reminded of the alleged Tiananmen Square Massacre or the millions Mao allegedly murdered during the Great Famine and have never heard that China in the last thirty years is responsible for 90-percent of the world’s reduction in poverty?

Anna was determined to play Chinese characters that were not stereotypes, but it was a losing battle. To escape the hateful racism that murdered her dreams, she lived in Europe for a few years before returning to the racist U.S.

Since the law in the United States at the time did not allow her to marry the Caucasian man she loved, and she was afraid that if she married a Chinese man he would force her to give up acting since Chinese culture judged actresses to be the same as prostitutes, she never got married or had children.

Anna May Wong died of a heart attack in Santa Monica, California at age 56. For her contribution to the film industry, Anna May Wong received a star at 1708 Vine Street on the inauguration of the Hollywood Walk of Fame in 1960.

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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The Power Women Hold in China vs the U.S.

November 21, 2018

Since the end of foot binding in 1949, when Mao said women hold up half the sky, how much power have women gained in China vs the United States?

On July 4, 1776, when the U.S. became a country, women were considered the property of men and they were not allowed to vote. It wasn’t until June 4, 1919 when the 19th Amendment was added to the U.S. Constitution that women gained the right to vote.

The Chinese Communist Party didn’t wait almost 143 years to make women equal to men and technically, women in the U.S. are still not equal because the Equal Rights Amendment has never been passed.

In October 2017, the BBC reported, “Of the 89.4 million members of the Chinese Communist Party, just fewer than 23 million are women – that’s 26%.

“And women make up 24% of China’s National Congress – the sprawling national parliament. You don’t have to be a Communist Party member to sit on that.

“Women are less represented the higher up the political tree you climb.

“After the last Congress in 2012, only 33 women sat on the Central Committee which elects the powerful Politburo – that’s 9%.

“Only two of the 25 members of that Politburo were women – 8%.”

How about the power Women hold in the United States?

Rutgers Center for American Women and Politics reported, the “Percentage of Women in Elective office. In 2018, 20-percent held seats in the U.S. Congress, 23.7 percent held statewide Elective offices and 25.4 percent held seats in state legislatures.”

The United States doesn’t have a Central Committee but it does have the President’s Cabinet that was established in Article II, Section 2 of the Constitution. The Cabinet’s role is to advise the President on any subject he may require relating to the duties of each member’s respective office.

Trump’s cabinet currently has 22 members listed and only five are women (was six but one recently quit), or 22.7-percent. Cabinet members are not elected but they must be approved by the U.S. Senate.

China’s Central Committee is currently composed of 205 full members and 171 alternate members. Thirty-three are women.

Members are nominally elected once every five years by the national Congress of the Communist Party of China. The Central Committee is, formally, the “party’s highest organ of authority” when the National Congress is not in session. Of the 2,280 delegates at the National Congress, less than a quarter was women.

No woman has ever been China’s president since the Chinese Communist Party came to power in 1949, but the United States also has never had a woman as its president.

“Even though Mao once famously said, ‘Women hold up half the sky’, women still have a long way to go in their fights for equal representation.”

The same holds true for the United States.

China Power.org says, “China’s constitution guarantees women ‘equal rights with men in all spheres of life,’ and over the last several decades, women in China have enjoyed some notable gains. Life expectancy and literacy rates, for instance, have risen as China’s economy has developed. This progress, however, has been outpaced by the rest of the world. China’s ranking in the index fell sharply from 63rd out of 115 countries in 2006 to 100th out of 144 countries in 2017.”

While women in the U.S. have achieved 1st place in educational attainment, women in China are ranked 102nd. China has also taken strides to improve postnatal care … a significant improvement over the US, which has no federally mandated leave.

On Global Gender Parity, Chinese women beat American women for political empowerment. China is ranked 77th and the US is in 96th place.

Then there are the billionaires. Barrons.com reports, “China dominated a ranking of the world’s self-made female billionaires, making up almost two-thirds of the total, as well as sweeping the top four spots.” … “In total, China had 64 self-made women billionaires, representing 63% of the total. … “The U.S., with 17 women billionaires, had the second largest share of the list, accounting for 17% of the total.”

Lloyd Lofthouse is the award-winning author of My Splendid Concubine, Crazy is Normal, Running with the Enemy, and The Redemption of Don Juan Casanova.

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