When the China Bubble Bursts

Sunday’s “Beware a Wounded Dragon” post prompted the need for a 2011 article written by geopolitical expert, JR Nyquist. This is one you won’t want to skip over.

Note: Defunct links have been replaced with a Wayback Machine link.

 

If the world has invested in the wrong things, and China is one of those things, then the bursting of the China bubble may be the greatest catastrophe of all. China’s financial system is a mess, and a major crisis cannot be far off. With the U.S. economy dipping lower and Europe facing its own financial nightmare, China cannot postpone its own day of reckoning. So what will China’s leaders do? What plans have they made?

To give readers some idea of the problem, a recent WikiLeak revealed that the U.S. had advanced knowledge of a secret Chinese missile test last year. In response to this revelation, Chinese Gen. Xu Guangyu told the South China Morning Post that American officials possessed enough advanced detail to suggest the presence of a sensitively placed U.S. spy in China’s rocket forces. According to the South China Morning Post, Gen. Xu said that “if China could no longer keep secret its missile launches, it would not be able to launch a surprise attack on the U.S.”

But why would China want to launch a surprise attack on the U.S.?

Continue reading

Ten Reasons Why Putin Wins Big In Syria While The U.S. Gets Nothing

Vladimir Putin’s announcement that he is pulling the main part of his armed forces out of Syria caught the world flat-footed. Putin’s word is not to be highly valued given his claims of no troops in Ukraine. He may not carry through as promised, but the announcement alone gives him the following domestic and foreign policy wins in descending order of importance:

First, the Russian air attack on rebel forces has saved, at least for the time being, Putin’s most important Middle East client, the Assad regime, from almost certain defeat. Continue reading

Are We Now Buying the Rope On Which We Will Hang?

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The idea was that America was so corrupted and so greedy that we would eventually disregard our own national security in pursuit of a short-term profit. Ironically, it turned out that the Soviet system died under the weight of its own corruption. Communists, at least in practice rather than theory, tend to be just as greedy (if not more so) than capitalists. The Soviet Union is gone and America remains.

What Lenin may have missed is that America’s sin of greed is perhaps overshadowed by our gluttony. Yes, greed was at work in the last downturn but so was overconsumption. As a nation, we are at least as guilty in our buying habits as we are in our selling. One example is that the nation has about $19 trillion in Federal government debt, not to mention unfunded liabilities valued in the $100s of trillions, or private debt which is much greater than GDP already. From one view, this enormous quantity of debt could be the rope with which we hang. We buy goods and services from China and they claim the debt we incur to them is a weapon they can use against us. But that is just one example. Continue reading

Putin prepares bitter and hysterical missile surprise to ‘American partners’

The article, which is blatantly pro-Russia, cannot be dismissed. The threats coming from Russia are real.

 

Russia’s new sea-based cruise missiles reduce the military power of the United States on a vast geopolitical region from Warsaw to Kabul and from Rome to Baghdad.

Information about new Russian sea-launched cruise missiles could be a reason. Putin announced the deployment of such missiles and said that the missiles would bring the US military power to nothing and minimize Washington’s superiority on a vast geopolitical region from Warsaw to Kabul and from Rome to Baghdad.

Here is how the story was developing.  Continue reading

The Road To War With Russia

For several weeks now the anti-Russian stance in the US press has quieted down. Presumably because the political leadership has moved its attention on to other things, and the media flock has followed suit.

Have you read much about Ukraine and Russia recently?

I thought not, despite the fact that there’s plenty of serious action — both there as well as related activity in the US — going on that deserves our careful attention. Continue reading

Russia redirects all South Stream pipes to Turkey-bound gas pipeline

MOSCOW, December 1. /TASS/. Russia’s steel pipe manufacturers hope that all their products originally meant for the South Stream project will be redirected to the just-unveiled plan for a gas pipeline to Turkey, the chief of the Pipeline Producers’ Association, Ivan Shabalov, has told TASS, adding that no costs would ensue.

“The South Steam’s infrastructure in Russian territory is absolutely adjustable to the plan of a pipeline to Turkey, Shabalov said. “The Turkish route will entail no losses for Gazprom or for the pipe manufacturers.” Continue reading

Russian military provided MH17 missile launcher, says report

London: There is strong evidence that the missile launcher that shot down flight MH17 was provided by the Russian military, a long, crowd-sourced investigation into the tragedy has concluded.

However the investigators could not say who ‘pushed the button’ to launch the missile: whether it was Ukrainian separatists, or Russian soldiers working with them.

The new analysis comes as Prime Minister Tony Abbott prepares for his long-anticipated face-to-face encounter with Russian president Vladimir Putin over MH17: either at an APEC conference in Beijing on Monday and Tuesday, or at this weekend’s G20 meeting in Brisbane.

Mr Abbott promised last month to ‘shirtfront’ Mr Putin, saying “Australians were murdered… by Russian-backed rebels using Russian-supplied equipment”.

Mr Abbott has since toned down his language, saying last week he would tell Mr Putin that “Australia expects full Russian cooperation with the investigation” into the crash.

MH17 was shot down over separatist-held eastern Ukraine on July 17, killing 298 people including 38 Australians. Continue reading

Poroshenko ends Ukraine ceasefire, says government will attack rebels

(Reuters) – Ukrainian President Petro Poroshenko said on Tuesday government forces would renew offensive operations against rebels and “free our lands”, hours after a ceasefire to allow for peace talks with the pro-Russian separatists had expired.

Poroshenko, who accuses Russia of fanning violence in eastern Ukraine, dismissed Moscow’s offers to defuse the crisis, and blamed the rebels for failing to keep to the truce or follow a peace plan he had outlined. “We will attack and free our lands. The decision not to continue the ceasefire is our answer to terrorists, militants and marauders,” he said in a televised statement delivered in front of the blue-and-yellow Ukrainian flag. Continue reading

U.S. Sanctions Push Putin Toward His Dream of A New Financial System

Although Monday’s sanctions will hurt Russia in the short term, they will also force Putin to step up his efforts to weaken U.S. influence over the global economy, which so far has been “little more than wishful thinking because of the difficult reforms it would require”

A little over a year ago, in early March 2013, the Russian state energy czar Igor Sechin made his American debut at an oil summit in Houston, Texas, reportedly accompanied by armed guards equipped with a K-9 unit. The speech he gave that day at the СERAWeek conference, an annual gathering of energy titans from around the world, was part of a pit stop for Sechin. He was on his way to a more high profile event, the funeral of his old friend Hugo Chavez, the truculently anti-American President of oil-rich Venezuela. But since he was passing through the Western hemisphere anyway, Sechin clearly felt it was worthwhile to court some American investors. “I call for us to work together,” he told the audience that day, according to Russia’s Vedomosti daily, “to drive our business for mutual benefit.” Continue reading

US and Iran’s First Joint Military Venture: Fighting al Qaeda in Iraq

With the Geneva Nuclear Accord still far from implementation a month after it was signed in Geneva, the United States and Iran are moving into stage two of their rapprochement: They are now fighting together to crush Al Qaeda terror in Iraq, DEBKAfile’s exclusive military sources report.

Iraq is two weeks into a major offensive for cutting al Qaeda down – the first major military challenge the jihadists have faced in the past six years. Three armies are fighting alongside Iraq: the United States, Iran’s Al Qods Brigades officers and Syria. Continue reading

U.S.: Russia Repeatedly Cheating on Nuclear Missile Treaty

“Treaties are like pie crusts, they are made to be broken” – Vladimir Lenin.

The stakes are high America’s nuclear arsenal is facing suicidal reductions while what’s to remain is already decades old. Lets also not forget the personnel in charge of the nuclear deterrent are facing burnout and removal for petty scandals, let alone witnessing unprecedented incidents where, for example, 50 missile silos go offline unexpectedly. Meanwhile, China and Russia are both modernizing their nuclear forces and will eventually attain first-strike capability. Don’t expect anything meaningful in terms of results to come out of the political ‘outrage’ that the government expresses whenever a new security threat is revealed, as past actions have time and time again been almost nothing in response — all bark and no bite.

The consequences for turning a blind eye will be irreversible and deadly. In 2013, America is still buying New Lies for Old.

For just a few additional examples of many, click the following links:

Senior Obama administration officials informed congressional lawmakers in a closed-door 2012 briefing that Russia was not abiding by a bilateral arms control accord that bans the fielding of intermediate-range missiles, the Daily Beast reported on Tuesday.

The 1987 Intermediate-Range Nuclear Forces Treaty required both Russia and the United States to eliminate all of their nuclear and non-nuclear ballistic and cruise missiles with maximum flight distances between roughly 300 miles and 3,400 miles. Russia’s testing of the SS-25 mobile intercontinental ballistic missile and of the new-model RS-26, optimized for penetrating missile defenses, may have raised the concerns about violating the accord’s range restrictions, according to the website. However, the alleged focus of the cheating remains secret. Continue reading

NSA Leaker “Outed” as Russian Agent

What was previously here mentioned as a possibility is now highly likely. After all, you don’t go joining KGB ‘veterans groups’ randomly for the fun of it. You have to be known, and have a history of being known. The aim is clear: As Wikileaks has the same goal, which is to tarnish the USA’s image as bad as it can across the whole world, thus diminishing its legitimacy as a world superpower.

The year is 2013 and America is still being sold New Lies for Old (PDF File).

“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”Abraham Lincoln

The media have been given important new information in the case of NSA leaker Edward Snowden and don’t seem to know what to do with it. Snowden has been “outed” by the Russians as their agent.

The Washington Post reports that “Before American fugitive Edward Snowden arrived in Moscow in June—an arrival that Russian officials have said caught them by surprise—he spent several days living at the Russian Consulate in Hong Kong, a Moscow newspaper reported Monday.”

In other words, the Russians were in on the deception all along. It was an example of what the old Soviet KGB called “disinformation.” The Russians wanted people to believe that Snowden was a whistleblower desperately searching for a place to go. Continue reading

Treaty Cheating — Russia said to be violating 1987 missile accord

Disguising stronger ICBMs as weaker ICBMs with less capability is the case here — and America is falling for it. While the U.S. continues to “reset”, the neo-Soviet Union continues to restart.

Treaties are like pie crusts, they are made to be broken” – Vladimir Lenin

Russia is engaged in a major violation of the terms of the 1987 Intermediate-range Nuclear Forces (INF) Treaty with the United States by building a new medium-range missile banned under the accord, according to U.S. intelligence officials.

Disclosure of the treaty violation comes as President Barack Obama last week called for a new round of arms negotiations with Moscow aimed at cutting deployed nuclear warheads by one-third.

Intelligence officials said internal assessments identified Russia’s new Yars M missile that was tested earlier this month as an INF missile with a range of less than 5,500 kilometers.

“The intelligence community believes it’s an intermediate-range missile that [the Russians] have classified as an ICBM because it would violate the INF treaty” if its true characteristics were known, said one official. Continue reading

Russia to get stronger nuclear navy, Putin says

President Vladimir Putin oversaw the start of construction of one of Russia’s newest generation submarines on Monday and vowed to boost nuclear naval forces to safeguard the country’s position as a leading sea power.

“We believe that our country should maintain its status of one of the leading naval powers,” Putin told a meeting of naval commanders and government officials at the sprawling Sevmash shipbuilding yard in northern Russia.

Putin is working to make the submarines and the missiles they will carry a cornerstone of the Russian navy, which will receive nearly a quarter of the 20 trillion roubles ($621.31 billion) to be spent by the end of the decade.

After nearly two decades characterized by a lack of funding, Russia is pushing to modernize its fighting forces, and redesign its armaments.

Deputy Prime Minister in charge of the defense industry, Dmitry Rogozin, also said on Monday that Moscow was likely to ask state-controlled banks to finance 200-to-300 billion roubles annually in credits as part of the overall plan.

Full article: Russia to get stronger nuclear navy, Putin says (Reuters)

Neither Barack nor Teddy, but more like Vladimir

Partisan politics aside, weigh the following contrasts/comparisons of actions from then and now, and ask yourself where the country is heading. Keeping in mind the Occupy Wall Street movement origins, key backers and the original intent behind it, it’s starting to look more like America’s own Bolshevik Revolution.

Vladimir Lenin, the leader of the 1917 Bolshevik Revolution, rightly said that debauching the currency was one of “the surest means to destroy capitalism.” Nothing destroys middle-class savings and consumer purchasing power better than inflation. It is the silent thief. Mr. Obama’s spending-and-borrowing orgy has led to the massive printing of money. The Federal Reserve, under his direct encouragement, has systematically reduced the value of the dollar. The result is growing inflation and the steady erosion of America’s standard of living. For Mr. Obama to claim he is a populist — a tribune of the 99 percent against the hated 1 percent — is akin to Madonna declaring she is the defender of chastity.

Ironically, there is some truth to Mr. Obama paying homage to Roosevelt. TR was many things — a beloved president, an exponent of American nationalism, a gifted man and a brilliant orator. He invented the concept of the presidential bully pulpit. But for conservatives there was also a dark side. Roosevelt created the regulatory state, for which he has been deified by liberal historians. He praised government intervention in the economy. He helped to found modern progressivism.

TR sought to empower labor unions, raise taxes on the rich and erect a centralized bureaucracy. He put forth the basic blueprint of liberalism: a society based on big government, big labor and big business. He despised the old constitutional republic; TR believed it to be an antiquated relic of the past, irrelevant in the new era of industrialism and empire.

He was also an imperialist who believed in nation-building and the warfare state. Finally, he was an ardent advocate for eugenics, arguing that “inferior races” — Eastern and Southern Europeans, blacks and Asians — were destined to be “absorbed” by Northern European, Anglo-Saxon civilization. Eventually, liberals such as Margaret Sanger would champion widespread contraception and abortion in the 1920s. She hoped to diminish the growing number of “undesirable races.” It was population control through racial genocide — a policy continued by liberals to this day. TR was part of this ugly movement; he fostered and unleashed many of its destructive impulses. He was the harbinger of liberal fascism — otherwise known as national socialism.

Continue reading article: Neither Barack nor Teddy, but more like Vladimir (World Tribune)