Monday, September 03, 2018
Natural Law working as it should
China's way of running the Silk Road project is running into some resistance. China is using the projects to LBO small countries. Create massive debts to finance the project, then claim major assets when the country can't pay the debt.
Not surprising. The Chinese are gamblers above all. They always think in terms of bets and debts. The Chinese form of colonialism is thus based heavily on debt.
Africa is generally happy with the setup, because Chinese projects there have brought real development and real profit. Chinese commercial control is a price worth paying, COMPARED with the usual EU/US approach that brings military and cultural control with NO development.
In Asia, many of the countries who signed up for projects are now canceling.
Right now we're seeing a proper feedback-based adjustment process. The anti-debt countries are returning the product after a close examination revealed dangerous defects.
In the end Natural Law countries will survive, while debt-based countries will fail. The Silk Road will be established, probably in a less grandiose and more realistic form.
Natural Law is the log book of God's lab. It records the practices and goals of people who survived. If we want to survive we need to follow the same practices and goals.
EXPERIENCE WINS. THEORY KILLS.
Saving is the monetary version of experience. Debt is the monetary version of theory.
SAVING WINS. DEBT KILLS.
China's way of running the Silk Road project is running into some resistance. China is using the projects to LBO small countries. Create massive debts to finance the project, then claim major assets when the country can't pay the debt.
Not surprising. The Chinese are gamblers above all. They always think in terms of bets and debts. The Chinese form of colonialism is thus based heavily on debt.
Africa is generally happy with the setup, because Chinese projects there have brought real development and real profit. Chinese commercial control is a price worth paying, COMPARED with the usual EU/US approach that brings military and cultural control with NO development.
In Asia, many of the countries who signed up for projects are now canceling.
During a visit to Beijing in August, Malaysia's Prime Minister Mahathir Mohamad said his country would shelve three China-backed projects, including a $20 billion railway.The cancelers are mainly Muslim countries, where Natural Law strongly discourages debt.
The party of Pakistan's new prime minister, Imran Khan, has vowed more transparency amid fears about the country's ability to repay Chinese loans related to the multi-billion-dollar China-Pakistan Economic Corridor.
Right now we're seeing a proper feedback-based adjustment process. The anti-debt countries are returning the product after a close examination revealed dangerous defects.
In the end Natural Law countries will survive, while debt-based countries will fail. The Silk Road will be established, probably in a less grandiose and more realistic form.
Natural Law is the log book of God's lab. It records the practices and goals of people who survived. If we want to survive we need to follow the same practices and goals.
EXPERIENCE WINS. THEORY KILLS.
Saving is the monetary version of experience. Debt is the monetary version of theory.
SAVING WINS. DEBT KILLS.
Labels: Natural law = Sharia law
¶ 12:53 AM
