China Now Dominates the U.S. in 57 of 64 Critical Technologies as U.S. Stands on the Brink of Economic Collapse with the AI Bubble

Shock waves rolled through American Big Tech companies last Sunday, as it was reported that the Chinese AI program, DeepSeek, was performing better than any U.S. AI program, for a fraction of the cost. Meta (Facebook) was one of the first American Big Tech companies to sound the alarm. When the U.S. stock market opened the next morning on Monday this week, American Big Tech companies had lost over $1 TRILLION in value. They gained back much of that this week, until today, Friday, Jan. 31st, when the market turned sharply down in afternoon trading over fears of Trump's tariffs that are supposed to be announced tomorrow, Saturday Feb. 1st. (I will report on that story after I see what the actual tariffs will be.) However, in an article published in the Russian media this week, it was reported that the U.S. has lost its edge over China in more than just AI models, and that the U.S. is now behind China in 57 of 64 critical technologies. And as the U.S. has spent $billions in military weapons sent to Ukraine and to Israel the past few years, China has largely stayed clear of any armed conflicts, choosing instead to focus on building its military and technology to protect its own mainland, prompting a U.S. military report published last summer to conclude that the U.S. had no chance of defeating China in an armed conflict. China has already surpassed Tesla in producing a better and less expensive electric vehicle that now outsells Teslas in China, and they have already surpassed Apple in producing a better and less expensive smartphone than Apple, which has decreased sales for both Tech companies in China and around the world, as was reflected in their annual reports earlier this week. But all these technology companies had to do was sell more hopium about the future of AI to investors this week to keep their stock prices up, as Elon Musk, who has been promising fully autonomous self-driving vehicles for about a decade and a half now, has now promised to have them on the streets by June this year (2025). And investors on Wall Street continue to keep believing him and all the other Big Tech American CEOs, as their stock values rose this week in spite of slumping sales, at least until today when Trump's threats of tariffs cooled down the market some. The only thing that has continued to bring huge earnings to Big Tech companies since the elections last November, has been the hopium drug everyone is on since Trump promised them the moon if he won the elections. But this hopium drug high won't last much longer, as this is perhaps the largest stock bubble of our time, maybe since the Great Depression. Reality will eventually correct the markets, if not destroy them.