"Biased" Is A Wrong Term.

The proper term will be "cooking books". But finally people that matter speak about it and I was calling on that for years. 

The Eurasian Economic Union (EEU) member states should establish a rating agency to provide adequate assessment tools for the region’s growing economic activity, Russian President Vladimir Putin has said. The proposal was made during a meeting of the Supreme Eurasian Economic Council in Moscow on Thursday. Currently, the market for international credit ratings is dominated by three US-based agencies: Moody’s Investor Services, Standard and Poor’s (S&P), and Fitch Group. Countries outside the West have accused them of economic and political bias when it comes to assessing their markets. “It would be useful to establish the Eurasian rating agency,” Putin stated, adding that principled approaches and strict criteria are needed. “It is important to guarantee that the work is absolutely objective. This is its whole value. If this is not the case, then there is no point in it,” the Russian leader stressed.

I am on record--ALL, without exception, Western establishment rating agencies and most of the "economists" are frauds. "Biased" is not the term to use here. US economic statistics is a case in economic fairy tales whose only task is to hide US' departure from largely self-proclaimed economic hegemon status. Real US economy is dwarfed by China, and India, for all India's huge problems with poverty and other social ills, still is larger than the US as an economy. 

Again, just one of the clues from World Steel Association:

In general, similar dynamics is present pretty much across the board in key industries which see combined West falling behind everywhere and as SMO demonstrated--the West has neither capacity nor resources to ramp up production in key military fields, because of the resources hunger and increased technological backwardness. 

War is a great litmus test, always was. Just to demonstrate:

«ООО «ЧТЗ-УРАЛТРАК» значительно увеличило количество выпускаемых танковых двигателей. Достичь объемы выпускаемой продукции, превышающие лучшие показатели послевоенного периода СССР, удалось за счет грамотной организации производства», — говорится в сообщении во «ВКонтакте». Директор по особым поручениям «Уралвагонзавода» Игорь Мешков отметил, что на ЧТЗ ведется техническое обновление и модернизация производства, а за последний год на 30% увеличена численность коллектива. «По итогам работы I квартала текущего года объем ежемесячно выпускаемых модернизированных дизельных двигателей превысил на 12% показатели СССР периода холодной войны. Такие показатели были достигнуты впервые за новейшую историю ЧТЗ», — заявил он.

Translation: ChTZ-URALTRAK LLC has significantly increased the number of tank engines produced. It was possible to achieve production volumes exceeding the best indicators of the post-war period of the USSR due to the competent organization of production, ”the message says on VKontakte. Igor Meshkov, Director for Special Assignments of Uralvagonzavod, noted that ChTZ is undergoing technical renovation and modernization of production, and over the past year, the number of employees has been increased by 30%. “According to the results of the first quarter of this year, the volume of monthly production of modernized diesel engines exceeded the indicators of the USSR during the Cold War by 12%. Such indicators were achieved for the first time in the recent history of ChTZ,” he said.

Now ask yourself a question: can the US do the same? No. US has the "best" stock market in the world where it trades thin air, but in terms of tanks the US cannot produce modern tank at all. And this is just one example. Do Moody's or S&P ratings in any way reflect this reality? Of course not, most people who work there they are products of fraudulent economics programs of Western universities and have no grasp of the modern economy and productive forces--it is difficult in scientific sense (physics, math, chemistry, engineering etc.) and they don't teach those and they lack cultural upbringing to get it. So, they produce useless fumes of finances and concoct preposterous GDP numbers. Some of them cook books unwittingly, others do it on purpose. Result, however, is always the same--GIGO (Garbage In, garbage Out). 

And here we come to this sensitive topic of which, as an example Larry wrote not for once, when describing CIA--the West lacks serious strategic intelligence and forecasting capability due to atrocious incompetence of its "intel" community which operates in virtual reality and echo chamber and is incapable, on the institutional level, to produce anything firmly grounded in reality. One cannot produce that when operates within West's framework of economic and military data completely devoid of context. As a result we all have to content with US economy the size of $23 trillion, while in reality it is only half of that, we have to accept fraudulent numbers of growing "capitalization" of things which, in reality, lose their value due to tear and wear and growing obsolescence. In the end, the result of all that is cheap propaganda of the US "defeating" Hitler, or F-15 being the best fighter in the world, while never encountering serious competent enemy in the skies or Air Defense. It is one non-stop chest thumping, which Senator Fulbright summarized succinctly in 1960s. 

“It is simply not necessary for us to go around forever proclaiming: ‘I am the greatest!’ The more one does this sort of thing, in fact, the more people doubt it….”  

Finally, the bluff has been called and we all are witnessing the implosion of the myth and are trying to perceive the dangers and trials of living with the consequences of dishonesty and incompetence of people who thought that they knew it all. They didn't, hence a miscalculation on a massive historic scale, which sealed the fate of the West.

On Russia And China (Again).

Do you recall this? 

 Or this: 

     Putin’s Shame: Russia Is Becoming China’s Junior Partner. 

Or many other things of similar nature, so you get the gist of propaganda which was pushed for years at Western and, by design, Chinese, Russian and other consumers of Western mass-media sewer and "analysis". While I may disagree (and radically at that) with Andrei Raevsky's (The Saker) definition of Russian-Chinese relations as symbiotic and as double helix, I feel a need to address the latest events in Russian-Chinese relations and namely a stunning revelation by Vladimir Putin that Russia effectively builds a Chinese (SRPN) Missile Attack Early Warning System. But not only that, once one considers WHAT military and civilian technology Russia increasingly begins to offer for export. 

It is an established fact that Chinese economy is about four-five times larger than that of Russia, with Chinese population being 10 times that of Russia. It is also an established fact that Western assessment methods of the actual power of the states are an institutionalized fraud built around dubious at best, deliberate lying at worst, criteria, which are also aggravated with, pardon my French, very shitty so called "intelligence."  So, in order to measure actual power and status of the state one must be able to unify economic, soft and military power much of which rests with what time after time, using numbers and opinions of people of such scale as Sergei Lavrov, always comes down to Corelli Barnett's prophetic: 

 power of the nation-state by no means consist only in its armed forces, but also in its economic and technological resources; in the dexterity, foresight and resolution with which its foreign policy is conducted; in the efficiency of its social and political organization. It consists most of all in the nation itself, the people, their skills, energy, ambition, discipline, initiative; their beliefs, myths and illusions. And it consists, further, in the way all these factors are related to one another.  

In modern world it is the ability to build machines, amazing machines, which counts hugely towards the status and real power. I addressed not for once this issue. Time to address again. Russia produces machines China cannot. Those machines unlike undeniably impressive China's commercial technologies, such as 5G, massive commercial shipbuilding or high-speed trains, directly change global balance of power. Russia has a state-of-the-art system which enhances China's global position dramatically, in fact, in revolutionary way, Russia shares (some of) this system with China--this is unprecedented historically. Chinese know that, they also know that it will be Russian aerospace industry, through joint venture which will produce CR-929 with Russia responsible for wing, center section and PD-35 engines for this aircraft. And, of course, Russia supplying domestic versions of SU-35 and S-400 to China. 

The question which MUST be asked here is not who is "junior" or "senior" partner in this now almost official alliance, but what technologies and machines Russia is NOT exporting to China. Once this issue is pondered, one will stop driving this propaganda BS about Russia being a "junior" partner. This is not how it works and it becomes increasingly clear that it is Russia's technologies which increasingly drive the emerging security arrangement of Eurasia and globally. China, of course, contributes too, not least through mutual cooperation, such as direct investment into Russia and trade. Enough to take a look at some of the massive gigantic cranes at new Russia's monstrous shipyard Zvezda in the Far East, those cranes and control systems were made in China. 

This dated photo merely shows cyclopic Chinese-made cranes, the area today is occupied by the hulls of few new Aframax tankers being built at Zvezda. So, in general, Russian-Chines cooperation, including military one develops extremely well. Obviously, for the combined West which sees the surrounding world only as a place for zero-sum interactions, such a level of relations is simply beyond the grasp. But latest events have shown that "revelation" in terms of Russia's technologies will continue and they will continue to shake and reshape the world in the most profound way. So much for a "junior" partner. So, West's propaganda campaign, against Russian-Chinese relations failed miserably and, in the end, can West provide China with what Russia can--an enhanced security? No, in fact, it becomes increasingly clear that there are no machines in the West which can do that, especially against newly emerging technologies. As, forgive me, I predicted years ago.