In North Korea Crisis, Russia and China Hold the Cards

 

These two nations are the reason why North Korea is able to operate so freely and dangerously.

After the United Nations Security Council voted unanimously on September 11 to increase sanctions on North Korea, the United States tried to portray it as a victory for the American-led efforts to neutralize the North Korean threat. But the UN’s move actually showcases the influence of Russia and China and shows that these two nations hold the cards on North Korea. Continue reading

Analyst compares U.S. ‘denial behavior’ on N. Korea to that of Western elites before 1939

If Kim Jong-Un ‘is so aggressive that he would bring on himself a nuclear holocaust over the loss of a dozen missiles and two satellites, we had better deal with him now, before he has 100 ICBMs.’ / KCNA via Reuters

 

The United States has a window of opportunity to cast aside its “denial behavior” on North Korea, an analyst said.

“Is the naivete and willful blindness that helped begin World War II on September 1, 1939, being repeated in the response of the U.S. and its allies to North Korea’s nuclear missile program, that apparently tested a thermonuclear H-Bomb warhead on September 2, 2017?” asked Dr. Peter Vincent Pry in a Sept. 13 analysis for Family Security Matters.

History does not have to repeat itself, however, wrote Pry, who is Executive Director of the Task Force on National and Homeland Security and Director of the U.S. Nuclear Strategy Forum, both Congressional Advisory Boards.

Continue reading

A “Financial H-Bomb” Has Exploded

 

Somebody exploded an H-bomb last week, and it wasn’t North Korea. It was the U.S.

This was not a kinetic H-bomb, the kind that leaves a mushroom cloud.

It was a financial H-bomb. Continue reading

Jim Rogers Warns “If Trump Starts A Trade War With China, It Will End US Hegemony”

This is exactly what Global Geopolitics mentioned just a five days ago. The tables have turned on the global playing field and the traditional options once thought to be useful to use against China will now backfire. America will now have to get more creative to once again get ahead in controlling the narrative when it comes to using leverage against its adversaries.

Adding to this, China is likely waiting for such a move to happen, which will benefit the nation in numerous ways:

  • China is a master in state propaganda, will successfully claim it’s the victim of a U.S. economic attack and rally support throughout the nation.
  • China, through provocation, will have produced a reason to retaliate. The trade war begins.
  • Retaliation will be successful due to the weakening of the U.S. positions and strengthening of Chinese leverage. World-wide, this will cause people and nations to question America’s ability to act and standing as the lone global superpower. If the Dollar goes down, the U.S. goes down with it.

 

 

Following Treasury Secretary Mnuchin’s threat that the US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea:

“If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the US and international dollar system, and that’s quite meaningful.”

Continue reading

China, Russia begin naval drills near North Korea

North Korean leader Kim Jong Un watches the launch of a Hwasong-12 missile in this undated photo released by North Korea’s Korean Central News Agency (KCNA) on September 16, 2017. KCNA via REUTERS A

 

China and Russia began naval drills near North Korea on Monday amid continuing tensions over the isolated state’s nuclear ambitions and ahead of a United Nations General Assembly meeting this week, where North Korea is likely to loom large.

BEIJING: China and Russia began naval drills near North Korea on Monday amid continuing tensions over the isolated state’s nuclear ambitions and ahead of a United Nations General Assembly meeting this week, where North Korea is likely to loom large.

North Korea launched a missile over Japan last Friday, its second in the past three weeks, and conducted its sixth and by far most powerful nuclear test on Sept. 3, in defiance of international pressure. Continue reading

China’s Great Leap in space warfare creates huge new threat

People’s Liberation Army (PLA) Air Force fighter pilots pose at the Jiuquan space base, in Gansu province. Photo: China Out / AFP

 

China is building an array of high-technology space arms – anti-satellite missiles, lasers, GPS jammers and killer satellites – that Beijing says will give its military strategic advantage in a future conflict with the United States.

The People’s Liberation Army now has the capability of attacking, destroying or disrupting the 500 US satellites circling the earth at heights of between 1,200 miles and 22,000 miles, according to a new study by a US think tank, the National Institute for Public Policy.

The report, on “Foreign Space Capabilities,” also reveals that China’s military has discussed plans for using space detonations of nuclear weapons to create electronics-killing Electromagnetic Pulse (EMP) attacks against orbiting satellites used by militaries for precision weapons targeting, navigation and communications. Continue reading

Theory: China’s Secretly Prepping for War in the South China Sea

Chinese leader Mao Zedong, 1963.

 

Should a U.S.-China war break out in the South China Sea, Beijing will rely on an old Mao-era military tactic in its efforts to vanquish the United States.

The likelihood of such a conflict increases by the day…

That’s because the United States continues to exert its military presence in the trade- and resource-rich South China Sea, despite China’s insistence that nearly the entirety of the valuable maritime region belongs to it. China’s claims, as a matter of fact, clash with those of six other nearby nations, such as Vietnam and Taiwan. Continue reading

A South Korean delegation asks Washington for nuclear weapons

A photo distributed on Sept. 3 by the North Korean government shows North Korean leader Kim Jong Un, second from right, at an undisclosed location. (Korean Central News Agency/Korea News Service via Associated Press)

 

The heated debate in South Korea over redeploying U.S. nuclear weapons on its territory has now reached Washington. A senior delegation of South Korean lawmakers is in town making the case to the Trump administration and Congress that such a move is needed to confront North Korea’s growing nuclear capability and place more pressure on China.

“We are here to ask for redeployment of tactical nuclear warheads in South Korea,” Lee Cheol Woo, the head of the intelligence committee of South Korea’s National Assembly, told me Thursday morning. Continue reading

China’s New Gold-Backed Oil Benchmark to Deal Blow to U.S. Dollar

ISTOCK.COM/SELENSERGEN

 

New financial instrument gives oil-exporting nations their long-sought alternative to the petrodollar.

China will soon introduce a crude oil futures contract denominated in yuan and convertible into gold, the Nikkei Asian Review reported on September 1. Analysts say that since China is the world’s largest oil importer, the move could deal a major blow to the global influence of the United States dollar.

The contract would allow oil exporting nations such as Russia, Iran and Venezuela to conduct sales in yuan, instead of in U.S. dollars, and to then change the yuan into gold on both the Hong Kong and Shanghai exchanges. This would also allow these countries that often fall afoul of American foreign policy to circumvent dollar-based U.S. sanctions.

The Chinese government has been developing the gold-backed futures contract for years, and Oilprice.com reports that it is expected to launch this year. It will be China’s first commodities futures contract available to foreign entities, and analysts expect many oil-exporting nations and firms to find it appealing. Continue reading

America’s Weapons: “The Dollar and the Drone”

 

It was said that “the guinea and the gallows” were the true instruments of British imperial power.

The guinea represented the coined wealth of Great Britain.

The gallows represented its… constabulary zeal in policing restless natives.

This is the 21st century of course… a time of enlightenment.

Today’s instruments of imperial power are no longer the guinea and the gallows.

No. Today’s instruments of imperial power are “the dollar and the drone.” Continue reading

US Threatens To Cut Off China From SWIFT If It Violates North Korea Sanctions

While this sounds like a step that needed to be taken, and it is, it’s too little too late. China (and Russia) have created an alternative to SWIFT. Thus, cutting China off only means it will switch to its own and abandon the U.S. Dollar system — with Russia likely to join. In effect, it will end up hurting the United States more than the intended target(s).

Over the last decade China and Russia have feverishly worked around America’s global influence. Russia and China no longer need GPS, as they have their own indigenous satellite navigation systems — Europe, too. You’ll only do their militaries a favor if you cut that off. Control over the internet has been ceded by America, so there’s also no method or means of punishment there. The IMF has been undermined by the AIIB, so it’s also hard to do anything there as well.

America’s choices are limited and not as effective as they used to be. The joke may be on the U.S. should push come to shove. The alternatives set up only mean America will likely isolate itself should it choose punitive measures.

 

In an unexpectedly strong diplomatic escalation, one day after China agreed to vote alongside the US (and Russia) during Monday’s United National Security Council vote in passing the watered down North Korea sanctions, the US warned that if China were to violate or fail to comply with the newly imposed sanctions against Kim’s regime, it could cut off Beijing’s access to both the US financial system as well as the “international dollar system.”

Speaking at CNBC’s Delivering Alpha conference on Tuesday, Steven Mnuchin said that China had agreed to “historic” North Korean sanctions during Monday’s United Nations vote. “We worked very closely with the U.N.  I’m very pleased with the resolution that was just passed.  This is some of the strongest items.  We now have more tools in our toolbox, and we will continue to use them and put additional sanctions on North Korea until they stop this behavior.”

Continue reading

Berlin Calls for a “One-Europe Policy”

BERLIN/BEIJING (Own report) – Berlin sees China’s growing economic presence in the EU’s eastern periphery as an increasing threat to German predominance over Eastern and Southeastern Europe. During his visit to Paris at the end of August, German Foreign Minister Sigmar Gabriel warned against the People’s Republic’s alleged “division of Europe.” Beijing’s cooperation with 16 Eastern and Southeastern European countries is threatening the EU’s “unity” and must be stopped. China should follow a “one-Europe policy.” German media and think tanks have been sharply criticizing Chinese economic activities in Eastern and Southeastern Europe since years. In a recent analysis, the Friedrich-Naumann Foundation (FDP) assailed the Czech government for signing a “declaration on the territorial integrity of the People’s Republic of China” in view of comprehensive Chinese investments in that country. Beijing has reacted to these attacks by pointing to Germany’s dominant status in the EU.

Continue reading

China Sends One of the West’s Most Critical Materials Soaring

Photographer: Daniel Berehulak/Getty Images

 

  • Tungsten prices have jumped 50 percent in the last two months
  • China is enforcing output quotas for the steel-hardening metal

The price of one of the most critical materials for the Western world’s economy and defenses is spiking faster than any major commodity. Continue reading

World’s Largest Car Market Turns to Electric Vehicles

 

China is preparing to announce the date from which internal combustion engine car sales will be banned, joining Norway, France, and the UK, among others, that have declared a complete shift to electric vehicles. Continue reading

China Makes It Easy

If Japan wanted to go nuclear, it could do so within three months time or less.

 

 

Steve Bannon is right.  China is the main event, North Korea is a sideshow. Nevertheless, one of the poorest nations on the planet has decided that its heart’s desire is to have a weapon system that can land one or more nuclear weapons on U.S. cities. Sometimes you are best served by ignoring the absurdity of the situation and concentrate on intent, because people crazy enough to put a lot of effort into something they don’t need might, on a whim or a mood swing, decide one day to use it. Continue reading