QOTD: Laughing Stock

 

Nobel laureate Paul Krugman writes in his Substack on the craven and weakened Malignant Fascist's junket to China, and how it shows his humiliation:

"One of Donald Trump’s signature claims is that Joe Biden made America a 'laughing stock', and that he has made us great again and respected around the world.

Yet this is the opposite of the truth. As a result of Trump’s petulant, self-destructive policies, much of the world now holds him and America as a whole in contempt. As the New York Times reported just before Trump’s visit to Beijing, the Chinese now talk routinely about 'American decline,' and describe Trump as 'an accelerator of American decay.'

To be clear, China has many significant problems of its own. It faces a demographic crisis: Its working age population has been shrinking for more than a decade. Its economy is deeply unbalanced, relying on unsustainable trade surpluses and unproductive investment to make up for inadequate consumer spending. Its economic growth is slowing. It suffers from high youth unemployment. Discontent is rising, held in check by autocratic, police-state measures.

But despite China’s domestic troubles, in geopolitical terms China is on the ascendant. Trump’s visit to Beijing is a field trip by a failing, flailing would-be autocrat pleading with a real strongman, who leads a much more serious country, to bail him out of the mess he’s made." (our emphasis)

Please read his entire piece for an understanding of what the MF has done to put China in the ascendancy, as we decline on his watch.