Have You Seen China’s Latest Bait and Switch?
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China’s bait and switch. I don’t know about you, but many times you watch a film and the lead characters, this is often time in sci-fi. They do something so stupid that the movie’s unwatchable. I can’t even watch the film because it’s so dumb. And again, that’s pretty much our policy when it comes to China throughout the years. So we can go back to.
Lural Space is under the Clinton administration where, hey, yeah, sure, yeah, we’ll give you all of our missile technology. Yeah, no problem. Hand that all over, you know, forced technology transfers or a myriad of different things where, I mean, you’re in China and you’re part of the governor governing body there, the Politburo. And you got to say to yourself, man. Man, these Guilus are real stupid.
Gueloo is a derogatory term for us, the white people. They guess it’s foreign devil is the translation. Yeah, we got dumb Gueloo’s, that’s for sure. And a classic example of this is the climate change crap and John Kerry leading the charge. China is killing it when it comes to making solar panels. Oh, they’re making tons of them. They’re making tons of solar panels. They’re making electric cars.
Warren Buffett was a big investor in their electric car maker. They don’t sell them in the United States, but they sell them to Europe. Oh, yeah, they’re greeny green, right? Solar panels, electric cars. China’s greenhouse gas emissions rose 13 percent from 2015 to 2023. Our emissions fell nine percent over the same period. But that, you know, John Kerry, who is just left as the climate czar.
as you know, constantly pat China on the back. Guys are doing a great job when it comes from renewable energy, more solar and wind than any other country out there. No, what they’re doing is they’re selling it to everybody else. And we’re dumb enough to buy it. You remember it wasn’t too long ago. She’s trying to remember those. There was like a fad with young kids is like these plastic.
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bands, colored bands around their arm. They’re called silly bands. And I used to make fun of them. I said, man, oh man, we’re making somebody in China really, really rich. Yeah, we are perpetually doing that on a regular basis. Anyway, let’s talk about China internally there. Yeah, China accounted for 53% of the world’s coal generation.
New permits for coal power plants reached the highest level since 2015. That’s the year of the Paris climate accords that John Kerry helped negotiate. Global Energy Monitor tracks worldwide coal fire power plants of 30 megawatts or more. As of July 2023, China had 305 coal fired power stations announced are in the works. They’re going to be able to generate some 391.7.
gigawatts, 70% of the world’s total coal fired capacity currently announced. Coal mining, China’s coal output reached a record high in 2023. So again, yeah, short. Yeah, we’re all into the green stuff. We’ll make the cheap solar panels and we’ll make the cheap EVs and we’ll sell them to you. Since you’re not buying silly bands anymore, you’ll buy this junk. Dumb Gueloo. Watchdog on wallstreet.com.