One of the most frustrating issues to haunt the halls of alternative economic analysis is the threat of misrepresentative terminology. For instance, when the U.S. government decided to back the private Federal Reserve in lowering the interest rates on lending windows to European banks last month, they did not call this a bailout, even though that’s exactly what it was. They did not call it quantitative easing, or fiat printing, or a hyperinflationary landmine; rarely does bureaucracy ever apply honest terminology to their subversive activities. False terminology is the bane of every objective analyst, because in order for them to educate and awaken those who are unaware of the truth, they must first battle through the daunting muck of the general public’s horrifically improper perceptions and vocabulary.
The chain of financial events taking place over the past decade in Asia have been correspondingly mislabeled and misunderstood. What some economists see as total collapse is actually a new and decidedly prophetic (or engineered) transition. What some naively see as the “natural” progression of globalism, is actually a distinctly deliberate program of centralization meant to further the goals of world economic and political totalitarianism. Asia, and most especially China, is a Petri dish for elitist psychopaths. What we see as suffocating collectivism in this region of the world today is the exact social schematic intended for the West tomorrow. Call it whatever you will, but on the other side of the Pacific, like the eerie smile of a sinister clown, sits fabricated fate.
The genius of globalization is not in how it “works”, but in how it DOESN’T work. Globalization chains mismatched cultures together through circumstance and throws us into the deep end of the pool. If one sinks, we all sink, enslaving us with interdependency. The question one must ask, then, is if all sovereign economies are currently tied together in the same way? The answer is no, not anymore. Certain countries have moved to insulate themselves from the domino effect of debt implosion, one of the primary examples being China.
Since at least 2005, China has been taking the exact steps required to counter the brunt of a global debt collapse; not enough to make it untouchable, but enough that its infrastructure will survive. One could even surmise that China’s actions indicate a foreknowledge of the events that would eventually escalate in 2008. How they knew is hard to say, but if the available evidence causes you to lean towards collapse as a Hegelian creation (and it should if you are paying any attention), then China’s activity begins to make perfect sense. If a globalist insider told you that in a few short years the two most powerful financial empires in the world were going to topple like bowling pins under the weight of their own liabilities, what would you do? Probably separate yourself as much as possible from the diseased dynamic and construct your own replacement system. This is what China has done…
China started with the circulation of Yuan denominated bonds, like T-Bonds, meant to securitize Chinese debt, creating an outlet for the currency to go global. China’s considerable forex and bond reserves make this move a rather suspicious one. With so much savings at their disposal, why bother to issue bonds at all? Why threaten the traditional export based economy and the uneven trade advantage that the country had been thriving on for decades? The success of Chinese bonds would mean the internationalization of the Yuan, a floating valuation of the currency, and the loss of the desirable trade deficit with the U.S. Back in 2005, this all would surely seem like a novelty that was going nowhere fast. Of course, today China’s actions suggest an unprecedented push to convert to a consumer hub at the center of a massive trading bloc. To put it simply; China knew ahead of schedule that the U.S. was no longer going to be a viable customer, and reliance on such a country would spell disaster. They have been preparing to break away from America’s consumer markets and the dollar for some time.
In 2008, after China announced the use of the Yuan in cross border trade on a limited basis, I began to write about the possibility that China was preparing to break from the Greenback. For the past few years my primary focus in terms of finance has been the East as a kind of warning bell for the state of the global economy. In 2009 and 2010, it became absolutely clear that China (with the help of global corporate entities) was developing the skeleton of a new system; a trade network that that had the capacity to supplant the U.S. and end the dollar’s world reserve status.
Since then, Yuan bonds have spread across the planet, China has dropped the dollar in bilateral trade with Russia, the ASEAN trading bloc has formed into a tight shell of export partners, and that is just the beginning. Two major announcements in 2011 have solidified my belief that a complete dump of the dollar by eastern interests is near…
First was the announcement that China was actively and openly pursuing the establishment of a central bank for the whole of ASEAN, with the Yuan utilized as the reserve currency instead of the dollar:
http://www.reuters.com/article/2011/10/27/us-china-asean-financial-idUSTRE79Q2F520111027
This news, of course, has barely been reported on in the mainstream. As I discussed at the beginning of this article, the terminology surrounding economic developments has been diluted and twisted. When China states that an ASEAN central bank is in the works, we need to point out what this really means; the ASEAN trading bloc is about to become the Asian Union. The only missing piece of the puzzle is something that I have been warning about for at least a couple years, ever since my days at Neithercorp (see “Migration Of The Black Swans” as a recent example). This key catalyst is the inclusion of Japan in ASEAN, something which many said would take five to ten years to unfold. News released this Christmas speaks otherwise:
http://www.bloomberg.com/news/2011-12-25/china-japan-to-promote-direct-trading-of-currencies-to-cut-company-costs.html
Japan has indeed entered into an agreement to drop the dollar in currency exchange with China and has expressed interest in melting into ASEAN. Japan has also struck somewhat similar though slightly more limited deals with India, South Korea, Indonesia, and the Philippines almost simultaneously:
http://www.bloomberg.com/news/2011-12-28/japan-india-seal-15-billion-currency-swap-arrangement-to-shore-up-rupee.html
This means that the two largest foreign holders of U.S. debt and Greenbacks will soon be in a position to tap into an export market far more profitable than that of America, and that all of this trade will be facilitated by currencies OTHER THAN THE DOLLAR. It means the end of the dollar as the world reserve and probably the end of the dollar as we know it.
Japan’s inclusion in this process was inevitable. With its economy already in steep deflationary decline, the Yen skyrocketing in value against the dollar making exports difficult, as well as the ongoing nuclear meltdown problem at Fukushima, the island nation has been on the edge of complete collapse. Its only option, therefore, is to sink into the chaotic seas, or float like a buoy tied to an Asian Union. There can be absolutely no doubt now that Japan will soon implement the latter solution.
The dilemma at this point becomes one of timing. Now that we are certain that two of the largest economies in the world are about to dump the Greenback, what signals can we watch when preparing for the event? My belief is that the trigger will come squarely from the U.S. and the Federal Reserve, either as legislation to heavily tax Asian imports, a renewed threat of further credit downgrades like that which S&P brought down in August, or the announcement of more open quantitative easing. Any and all of these issues could very well arise in the course of the next 6-12 months, QE3 being a basic no-brainer. ASEAN could, certainly, drop the dollar immediately after their central bank apparatus is put in place, resulting in a much more volatile trade war atmosphere (also useful for full global centralization later down the road). The point is, we are truly at a place in our economic life when ANYTHING is possible.
My hope is that as our predictions in the alternative economic community are proven correct with every passing quarter, more Americans will take note, and prepare. I can say quite confidently that we have entered the first stages of the catastrophic phase of the economic implosion. All the fantastic and terrible consequences many once considered theory or science fiction, are about to become reality. Practical solutions have been offered by myself and many others. The only thing left now is to take action, or ride the tidal wave of destruction like so much driftwood. We can help to determine the outcome, or we can be idle spectators. In everything, there is a choice…
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written by Aleksandar Kuktin , December 30, 2011
Noted. Thank you.
written by Brandon Smith , December 30, 2011
@Gavincali
Did you not read the articles provided? They already have agreed to the Yuan being used as a reserve currency in cross border trade. This is not theoretical, it is reality. I'm not sure where you got the idea that ASEAN countries are trying to "reduce" Chinese influence, but the cold hard fact remains; China runs ASEAN.
Of course, globalist interests run China, so by extension, it is actually the globalists that run ASEAN...
written by ShawnM , December 31, 2011
Consider that when the USA goes like Geat Britain in 1990 and needs and IMF bailout it will be China who need a central bank so they are smart enough to create their own, as we directly advised them in 2008. Shawn www.pamria.com
written by PhilAm Expat. , January 01, 2012
The IMF will never have the funds to bail out the US when it collapses. It will simply free fall and take every dependent economy with it. Hope all in USA reading this are getting ready.
written by Margaret bartley , January 01, 2012
Traditionally, when a country runs afoul of the IMF and World Bank, and is unable to repay its international loans, the globalists extract their pound of flesh from the country in the form of natural resources.
When I first saw the NAFTA super-hiway, which starts at a port in Mexico and runs straight up the center of North America, in the mid-90s, I thought it was designed to be a quick distribution point for the whole continent.
Now, though, it looks like a big funnel deigned to pull cereal grains, mineral resources, oil and water from the center of the continent to go straight to Asia, bypassing all US export controls except the one to Mexico, which "Smart Borders" will practically eliminate.
http://www.greatdreams.com/political/superhighway_facts.htm
Part of what we need to start doing is being a lot better organized to fend off these resource grabs, lest we end up completely devastated ecologically. You can see what China has done to their own country. You can imagine how much worse they would be here if they were in control.
written by afoofa , January 01, 2012
"False terminology is the bane of every objective analyst, because in order for them to educate and awaken those who are unaware of the truth, they must first battle through the daunting muck of the general public’s horrifically improper perceptions and vocabulary". This is so well said and I concur with you on this. It is very trying to deal with at times, but really is necessary, although many seem to find it annoying. I think it is mental laziness sometimes.
Thanks
written by Bill Derberg101 , January 02, 2012
The USA is the greatest contributor to the IMF as well as the United Nations. So if we get IMF bailouts are we bailing ourselves out? We are lending the IMF money to lend back to ourselves? The big question that the MSM is not asking is, "Why isn't the USA insulating ourselves from the domino effect of debt implosion?" We all the answer: The globalists will use this to gain what they want from the solution. My forecast is a global currency(SDR's). In this country repelling the 2nd amendment.
written by fed up already! , January 02, 2012
the people (all of us) are the problem. why? because most of us (80%) are dumb, ignorant, racist, chauvinistic, arrogant, selfish, uncaring, evil. Only a small percent of us (20%) are good, kind, humble and sincere. I don't think I'm good or any better than anyone else, I hope for the better for most. So if you think you are the one who is better than the next person you can go sit on a broom handle and do 360's. So wake up and change yourself (yourselves, ourselves). The only way to change the exterior is to change the interior first.
written by Paul Chesterworth , January 03, 2012
Tower of Babel happening again.
written by Wisefool , January 03, 2012
Paul Chesterworth Amen Brother. Yes, we are returning to a one world government, economy, religion (probably Islam, since it converts by force), and...get ready for the big one: Our alien saviors that, just like the tower of Babel, can take you away from this mess(wihtout God). Come sail away.
written by stylist2020 , January 03, 2012
Thank the goddess that some of us are awake AND smelling the coffee.
written by chiller , January 03, 2012
The easy part will be hanging our leaders for destroying our country. The hard part will be deciding if it was intentional or not. Either way....they swing from a tree.
written by Sam007 , January 03, 2012
I hope the Chinese aren't dumb enough to create an Asian currency like the Euro in the year 2020. I read about this being the plan back in 2002 over the military net. It seems like the plan is to destroy sovereign countries through uniting them under one umbrella currency. The Euro is going down and that's a fact. The U.S. Dollar will fall right after. From the Intel Hub: Obama administration official said, "...we are just going to kill the dollar."
written by Paul Revere , January 10, 2012
The revolution is right on schedule...ret us army
written by scott K. , January 10, 2012
China has ambitions of returning to its former dynastic glory years, when it was the world's richest nation and pre-eminent superpower. The globalists are enabling them to do so because they see the brutal govt of China as a blueprint for future govts to follow.. hoping it will work in their favor. So, in essence, they get to retain absolute power while the commies in China think they'll once again rule the world....thus playing into their egotistical fantasies for world domination. That seems to be the plan. And that includes toppling the U.S. and attempting to strip us of our natural resources as payment for bad debt...something China would love to do more than anything else.
written by Mark Sivad , January 10, 2012
As soon as the US stops buying crap from these countries, they will flounder. Guaranteed.
written by Brandon Smith , January 10, 2012
@Mark
Apparently, you didn't read the article. China is already moving to replace U.S. trade markets with the combined markets of ASEAN and BRIC. U.S. purchases of Chinese goods have dwindled drastically since 2008. We are already a lost cause as far as China is concerned.
written by Drewbie , January 10, 2012
The problem is way past the point of no return. The US buys all the crap from China (Most recently) previously Japan if you remember the 70's & 80's especially when the Japanese seemed to own every thing her in the US was because they as a country are floating this country's spending by buying our debt. Kissinger started this all in the 60's when he helped orchestrate OPEC and our country buying oil from countries that we didn't need to purchase it from simply so that they would buy our debt. You obviously don't remember that all of this implosion form them happened in the late 1970's and early 1980's when the price of oil dropped to 11 dollars a barrel on the market and all of our Middle East oil providers started to sell all their gold they had in reserve to protect their own economies. The same thing happened to Japan it just took until the mid 1980's through the start of 1990's for their fall to take place because of their holding so much of our debt. Since the Bretton Woods agreement that took place in 1944 - 1948-49 all of the worlds economies have been tied into the US dollar, those countries that refused we have seen America or others go to war with over the last 60 or so years. Korea, Vietnam, Iraq, most recently Libya, and the others on the chopping block still not with the program, North Korea, Venezuela and now especially IRAN are all on the chopping block. All of these countries are fighting monetary control by a centralized banking system controlled by world bankers. Gadaffi was establishing a monetary system in Lybia that was not going to be controlled and for that Nato went in and took him out. Research this for yourself. Gadaffi and the African Gold Dinar and African Union currency he was trying to create. The real issue comes when CHINA and the rest still buying our debt create a currency that doesn't need to rely on a crashing dollar anymore and then they will margin call us on their reserve currency debt we owe them and cannot pay back. This article confirms they are already taking the steps to do so and will very soon, as soon as all their cards are in place. Then you will see a very different America, if the country even exists after that point. Don't believe me, research why we gave control of the Panama Canal in the 1990's to the Red Chinese... hmmm, right before all the Made in Japan on items being sold in this country changed to 'MADE IN CHINA'.
written by Drewbie , January 10, 2012
The Tower of Babel failed the first time, this next one world government will not until the LORD himself comes and puts an end to it once and for all.
The next world religion will not be Islam, it will be Luciferian. There will be a war sometime soon when all the financial stuff hits the fan and it will be trumped up to be war between Islam and people claiming to be Christians (who really are not at all) to reduce the world population and the majority of those who most likely wouldn't easily be misled to come under the control of a direct Luciferian system.
All this will take place after some event that will cause Americans to give up their guns. A financial collapse would start a serious problem in this country but it would deflect attention from politicians and others responsible if some type of trumped up attack would pit major world religions one against the other, make it so bad, so heinous with so much death and destruction that people will cry out for one world government that will just keep the peace so they will offer up all their freedoms in the name of security provided by the very same group of people who will start this Third world conflict. Those orchestrating this no very well they don't want millions of American's shooting back at those would would try to control the situation. Hitler did EXACTLY the same thing in Germany before he took it over completely. He controlled the press, then took away individual freedoms especially any type of self protection such as firearms except for those he wanted to have them and shortly thereafter took control of Germany, which was just the next step in setting up WW II. History is being purposely repeated as it has been done before, and the same as always, people are so caught up in their own little world not to care or even pay attention. Television addiction and instant gratification along with the destruction of all morality is bringing in the downfall of the US and the rest of the world. The really sad thing, is that its being done right in front of the majority of Americans and in fact it seems more than ever more and more Americans are supporting it. It's just a matter of time. Prepare yourselfs and your families, get out of debt, become self sufficient, learn to use a firearm, tell others, every one your meet, who cares if they don't believe you, they will when all the trouble starts. Most importantly of all, get your relationship with the LORD Jesus Christ straight before you leave this planet. HE brings a peace that surpasses all understanding regardless of the storm. Best to you and God Bless.
written by David Muzzatti , January 10, 2012
I've always contended that you cannot force a North American Union on Canada & the United States unless the people are boxed into a corner, much like Britain. The standard of living is going to get much worse in North America & sooner rather than later, our 'elected' muppets in Washington will gallop in on their white horses & save the day with the proclamation: "We cannot compete with the Asian & European Unions so we must do the same. They're already laying the ground work with the NOAA corridor & the NAFTA/SPP/North American Homeland Security Perimeter.
