China’s Red October

 

The 19th National Congress of the Communist Party of China, CCP, will be held in the fall of 2017. The exact date has not yet been announced, but late October is a reasonable estimate. This will be the most important CCP meeting since the death of Mao Zedong and the rise of Deng Xiaoping in the late 1970s.

Communist societies such as China have a dual or parallel government structure. On one side is a normal government with a president, vice premier, cabinet ministers and other subordinate posts. On the other side is the CCP leadership consisting of a General Secretary, Politburo Standing Committee, Politburo, and Central Committee.

The seven-member Politburo Standing Committee runs the CCP. The General Secretary is the single most powerful person in the leadership. The conventional government is controlled by the CCP, which holds the real power.

China Prepares To Bailout Russia

Earlier this evening China’s State Administration of Foreign Exchange’s (SAFE) Wang Yungui noted “the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, “SAFE is closely watching Ruble’s depreciation and encouraging companies to hedge Ruble risks.” His comments also echoed the ongoing FXFX reform agenda aimed at increasing Yuan flexibility which The South China Morning Post then hinted in a story entitled “Russia may seek China help to deal with crisis,” which which noted that Russia could fall back on its 150 billion yuan ($24 billion) currency swap agreement with China if the ruble continues to plunge, that was signed in October. Furthermore, two bankers close to the PBOC reportedly said the swap-line was meant to reduce the role of the US dollar if China and Russia need to help each other overcome a liquidity squeeze.

Putin’s Direct Threat: We Are Ready to Crash the Dollar (from Voice of Russia)

We have been saying for years that there is a global economic war underway. We have warned that Putin has long intended to attack America with a particular obsession with the reserve currency status of the United States’ dollar. Now, Voice of Russia states that it is time for the attack on the dollar to commence. This is a departure from the previous message on March 28 which stated:

“Russia is fully in control of the petrodollar and could cause the Dow Jones industrial average to plummet as it has never done before. One can wave the Stars and Stripes as long as one likes, but it’s a fact that the Russians can turn the US economy upside down . . . So far, Moscow has been in no rush to resort to extreme measures. Russia is going to react in a mirror-like way . . .”

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Lately, China has led the BRICS efforts to dislodge the dollar from its position as the main global currency, but the “sanctions war” between Washington and Moscow gave an impetus to the long-awaited scheme to launch the petroruble and switch all Russian energy exports away from the US currency .

QE3: Dollar Killer

Until recovery or destruction of the Dollar. As surely as the sky is blue, the latter will happen. QE3 is the nail in the coffin. When was the last time you borrowed your way out of debt?

If you really want to know what is going on in the economy, ignore what the Fed says and watch what it is does.

So what is the Fed doing? Bernanke’s announcement says the Fed will now spend a whopping $40 billion per month—$480 billion per year—purchasing mortgage-backed securities from the big Wall Street banks.

He says this is an effort to push down mortgage rates and get more people buying and building houses, and thus create jobs. If this is the best the Fed has to offer, America is in big trouble. Mortgage rates are already at historic lows, and people are not buying houses. Pushing record low rates a few fractions of a percent lower won’t do much. What is more likely to happen is that the big banks will finally have an opportunity to unload all their garbage subprime-mortgage-backed securities at the expense of taxpayers. This is probably the real unspoken motive.

But if that part of the Federal Reserve’s announcement wasn’t shocking enough, what it said next should blow your socks off. The Fed said it was writing itself a blank check for how much it could spend until the labor market improved “substantially.” It gave itself no predefined limit on how long, or on how much it could spend under this new QE3 program. It is completely open ended. It can go on forever.

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Printing money to buy things is “Zimbabwe policy.” We all know what happened to Zimbabwe when it tried this. Eventually it cost Zimbabweans billions of dollars to buy a banana. This is where the QE road leads.

It is happening already. Within just a few hours of Bernanke’s statement, the dollar had lost over half a percent in value. On Friday it lost more than half a percent again.

In two days, the dollar lost more than a percent of its value. And that was due to just the announcement. The dollar printing has barely started.

The Federal Reserve’s QE policy will drive the dollar “through the floor,” says Peter Schiff, ceo of Euro Pacific Capital.

“This is a disastrous monetary policy; it’s kamikaze monetary policy,” Schiff told cbnc. “The dollar … is going to be in free fall at some point … ultimately there’s going to be a currency crisis.”

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America needs to prepare for massive economic upheaval. America’s top banker has signaled that it is quantitative easing or sudden death for the economy. There is no choice. If the money printing stops, America stops. But that means the dollar is going to get killed. QE will destroy the dollar, and America’s standard of living.

Tough times are coming.

Full article: QE3: Dollar Killer (The Trumpet)

New DHS Informant Leaks a Shocker

For those who might easily dismiss a story, it would be worthwhile to consider the following:

• JFK had mentioned to Time Magazine that the soviets had an atomic bomb in Washington DC
• Russian soldiers did in fact train in Colorado
• We have been repeatedly warned that WMDs are being easily smuggled across the US-Mexico and US-Canadian borders.
• Soviet defectors such as Anatoliy Golitsyn have warned us decades ago about Soviet long-range planning for the USA in his books New Lies for Old and The Perestroika Deception
• Another soviet defector Viktor Suvorov has also warned and written about what is to come (Chapter 15. Spetsnaz’s First World War) and how it could happen, in his book, Spetsnaz. The Story Behind the Soviet SAS

There are numerous other dots to connect via open source information readily available, but you the reader, can add them up and come to your own conclusions.

“There’s a Russian, Chinese, Islamic military invasion coming to the U.S.A,” Wiles forcefully told his audience, Wednesday.

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“For years, he said nothing until now.  He told them there’s talk inside Homeland Security offices that Russian Spetsnaz commandos are infiltrating into the U.S.A from Canada.  He said it’s been underway all summer, and he estimated the number of commandos at the present time inside the U.S.A to be in excess of 20,000.”

The most intimate knowledge of the coming danger to the U.S. comes to him off air, Wiles says, as his sources seek to distance themselves from the information for the purposes of their own safety as well as the safety of their families.  Because of his position as a journalist, radio host and trusted leader of the Christian community, Wiles receives the most sensitive information ‘off the record’ in the hopes that others who speak ‘on the record’ will be taken seriously.

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Previous reports of Russian military personnel participating in joint ‘civil drills’ with local law enforcement at Ft. Carson, Colorado between May 24 and 31 of this year may have had something to do with the ongoing clandestine immigration of Russian commandos alleged by Wiles’ source, but a possible reason for the stealth entry into the U.S of 20,000 troops wasn’t ventured during Wiles’ Wednesday’s disclosure.

However, a source to Wiles of more than a decade ago offers the possibility of a much more nefarious explanation for the infiltrating Russian commandos that can be traced back more than 30 years.

“I spent several days with Colonel Stanislav Lunev in 1999,” says Wiles.  “He was my guest when I lived in Dallas/Ft. Worth.  Colonel Lunev is the highest ranking Russian GRU military spy ever to defect to the West. . .

“One of his assignments was to find places to hide nuclear suitcase bombs inside the U.S.A.  You can read about it in his book, Through the eyes of the enemy.

“Colonel Lunev personally told me that the Russians were bringing nuclear, biological and chemical weapons into the U.S.A throughout the 1970s and 80s by smuggling them over the Mexican border.

“Colonel Lunev said there are Russian Spetznazs commandos coming in and out of the U.S.A every month disguised as tourists, professors, doctors, reporters; they come and go.”

The implications of, even, an attempted ground invasion by sleeper Russian commandos, in addition to other hostile sleeper cells rumored to be hibernating on American soil, are staggering, but also raise the possibility that a false-flag of an invasion may be planned as the excuse to lock-down America during a currency crisis.

Full article: New DHS Informant Leaks a Shocker (Beacon Equity Research)