Armstrong Economics Blog/China Re-Posted Sep 21, 2022 by Martin Armstrong
As Americans, we are accustomed to our dementia-ridden commander-in-chief misspeaking and provoking war with major world powers. He nearly declared war on Russia, but the White House backtracked. The White House is now redacting almost everything that came out of Joe Biden’s mouth during his “60 Minutes” interview.
China is not going to let a comment by “Uncle Joe” pass without warning. Joe Biden said that US forces, men and women, would defend Taiwan if China invaded. This is worse than Nancy Pelosi’s trip to Taiwan as it completely disregards prior US-China relations and the One China policy. It does not matter if the US agrees with the One China policy, but it must respect it and maintain diplomatic relations with China, its top trading partner, while it restores its declining economy. This policy has been in place since 1979, and Joe Biden is the first to violate the agreement.
Chinese foreign ministry spokesperson Mao Ning reacted as expected to Biden’s threat. “The US remarks … severely violate the important commitment the U.S. made not to support Taiwan independence, and send a seriously erroneous signal to Taiwanese separatist independence forces,” Mao said. Mao said that China seeks a “peaceful reunification” with Taiwan. “At the same time, we will never tolerate any activities aimed at splitting the country, and reserve the choice to take all necessary measures.”
Joe Biden also gave Americans false hope by declaring that the pandemic was over. I think most of us realized it was over when the death rate was a nil 0.02%, and the vaccines did nothing to prevent infection or transmission. The White House came out to clarify that it has not changed its stance on COVID – emergency powers remain in place.