Worst Crash In Our Lifetime Coming – Jim Rogers

The interview can be viewed on “The Bottom Line”

 

Jim Rogers holds a gold coin (Digital Journal)

 

Legendary investor Jim Rogers sat down with Business Insider CEO Henry Blodget on this week’s episode of “The Bottom Line.”

Rogers predicts a market crash “later this year or next …. write it down.” Rogers say the crash will rival anything he has seen in his lifetime. Continue reading

Leading the Multipolar Revolution: How Russia and China Are Creating a New World Order

The replacement for the American global hegemony is all there. The alternative global infrastructure is built and only a switch needs to be flipped on. The only questions remaining are when and how America will be replaced as a global leader.

 

Leading the Multipolar Revolution: How Russia and China Are Creating a New World Order

 

The last thirty days have shown another kind of world that is engaging in cooperation, dialogue and diplomatic efforts to resolve important issues. The meeting of the members of the Belt and Road Initiative laid the foundations for a physical and electronic connectivity among Eurasian countries, making it the backbone of sustainable and renewable trade development based on mutual cooperation. A few weeks later, the Shanghai Cooperation Organization meeting in Astana outlined the necessary conditions for the success of the Chinese project, such as securing large areas of the Eurasian block and improving dialogue and trust among member states. The following AIIB (Asian Infrastructure Investment Bank) meeting in ROK will layout the economical necessities to finance and sustain the BRI projects.

The Shanghai Cooperation Organization (SCO) and the Chinese Belt and Road Initiative (BRI) have many common features, and in many ways seem complementary. The SCO is an organization that focuses heavily on economic, political and security issues in the region, while the BRI is a collection of infrastructure projects that incorporates three-fifths of the globe and is driven by Beijing’s economic might. In this context, the Eurasian block continues to develop the following initiatives to support both the BRI and SCO mega-projects. The Collective Security Treaty Organization (CTSO) is a Moscow-based organization focusing mainly on the fight against terrorism, while the Asian Infrastructure Investment Bank (AIIB) is a Beijing-based investment bank that is responsible for generating important funding for Beijing’s long-term initiatives along its maritime routes (ports and canals) and overland routes (road, bridges, railways, pipelines, industries, airports). The synergies between these initiatives find yet another point of convergence in the Eurasian Economic Union (EEU). Together, the SCO, BRI, CTSO, AIIB, and EEU provide a compelling indication of the direction in which humanity is headed, which is to say towards integration, cooperation and peaceful development through diplomacy. Continue reading

Arms for the World

BERLIN (Own report) – German arms exports are leveling out at a new record high, as indicated by the Arms Export Report for 2016 and the first four months of 2017, published last Wednesday in Berlin. According to the report, the German government has approved €6.85 billion worth of military equipment sales in 2016 – one billion less than in 2015 but significantly more than the fluctuations around five billion in the overall value of arms exports since 2003. The main recipients of German deliveries include countries of the Arab Peninsula, particularly Saudi Arabia and the United Arab Emirates, with the aim of forming a military counterforce to Iran. For over two years, they have been waging war against Yemen – also using German weapons. Berlin has also approved the sale of patrol boats to Saudi Arabia, which can be used to escalate the famine blockade around Yemen. Algeria and Egypt are receiving German warships. A closer cooperation with the navies of these two countries would enable Berlin and Brussels to complete their control over the EU’s southern flank. German arms recipients include several countries around the Pacific basin, prone to become Western partners in the event of a conflict with the People’s Republic of China.

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World Leaders Gather in Beijing While the US Sinks into Irrelevancy

The United States is fractured and permanently scarred with very little diplomatic room to maneuver, and as the article states, doesn’t even know it. We’re looking at a new world shaping up within the next 10 years… a new world without the United States having a voice in its affairs. This is an unprecedented new chapter in world history that the old order doesn’t recover from. If you’re an American, get used to second or third-rate living standards and all the problems that come with it.

To add clarification: President Trump has a great chance in saving America from ruin, and let’s hope he will. Where he has almost zero chance is in saving it’s standing in the world. An alternative world structure has already been built and members are being filtered in. The ‘on button’ is waiting to be pushed. All that needs to happen is an event, such as global economic collapse, that sets America back and simultaneously provides the new world structure a window of opportunity to spring into first place.

 

World Leaders Gather in Beijing While the US Sinks into Irrelevancy

 

While vaudevillian comedy-like shouting matches broke out in the West Wing of the White House between President Donald Trump and his senior advisers and between the White House press secretary and various presidential aides, world leaders gathered in Beijing to discuss the creation of modern-day land and maritime «silk roads» to improve the economic conditions of nations around the world. Nothing more could have illustrated the massive divide between the concerns of many of the nations of the world and those of the United States, which is rapidly descending into second-rate power status, along with its NATO allies Britain, France, and Germany. Continue reading

U.S. Needs Larger Fleet to Counter Russia, China – Navy Chief

Source: navy.com

 

The US needs a bigger fleet in order to counteer [sic] Russia, China in the era of maritime competition, Chief of Naval Operations Admiral John Richardson told reporters at a Singapore naval base used by the US.

“We are getting back into, after decades really, an era of maritime competition,” Richardson said. “Some of these global powers, China, Russia, they’ve been growing, China in particular. They’re maturing in every dimension of power (and) at some point you turn to the sea to expand and continue to prosper.” Continue reading

Fracking Comes to the Arctic in a New Alaska Oil Boom

Alaska’s North Slope region, including the National Petroleum Reserve (NPRA), Arctic National Wildlife Refuge (ANWR) and Trans-Alaska Pipeline (TAPS). US Geological Survey/Wikipedia

 

Arctic lands and waters hold irresistible allure for global oil companies. Despite opposition from environmental groups and President Obama’s 2016 ban on drilling in federal Arctic waters, exploration in Alaska has revealed massive new volumes of oil. The Conversation

This comes at a time of low oil prices, when many observers felt the Arctic would remain off limits. Alaska has proved precisely the opposite. Although it has gone largely unnoticed outside the industry, foreign firms are partnering with American companies to pursue these new possibilities. I expect this new wave of Arctic development will help increase US oil production and influence in world oil markets for at least the next several decades. Continue reading

South Korean Paper Reports China Has Deployed 150,000 Troops To North Korea Border

Things are getting very interesting in Asia, to say the least. What to make out of this event is yet to be seen, but we could guess as to what’s going on, assuming a war is about to break out:

  • Donald Trump and Xi Jinping made a deal to solve the North Korean threat once and for all.
  • China is reacting to an ultimatum by President Trump to solve the problem, or America will.
  • China is acting on its own in a race against America to take out North Korea and occupy it before an American attack is feasible.

Whether it’s teamwork or sabre rattling against the West or North Korea, we’ll find out soon. One thing is for sure, though, and that is to say China doesn’t want America to unite the peninsula. That would mean land-wise, America has more options (than South Korea, Japan, et al) to contain China.

 

While the catalyst is unclear, it appears the market dropped as headlines of further sanctions against Russia appeared and reports of China deploying 150,000 troops to its North Korea border.

According to Korean news agency Chosun, the “Chinese army has deployed about 150,000 troops to the North Korean border in two groups to prepare for unforeseen circumstances.” The reason: the prospect of “military options”, such as preemptive attacks on North Korea, like the one the United States launched on Syria. Continue reading

Exclusive: Japan plans to send largest warship to South China Sea, sources say

FILE PHOTO: A helicopter lands on the Izumo, Japan Maritime Self Defense Force’s (JMSDF) helicopter carrier, at JMSDF Yokosuka base in Yokosuka, south of Tokyo, Japan, December 6, 2016. REUTERS/Kim Kyung-Hoon/File Photo

 

TOKYO (Reuters) – Japan plans to dispatch its largest warship on a three-month tour through the South China Sea beginning in May, three sources said, in its biggest show of naval force in the region since World War Two.

China claims almost all the disputed waters and its growing military presence has fueled concern in Japan and the West, with the United States holding regular air and naval patrols to ensure freedom of navigation. Continue reading

U.S. aircraft carrier group begins patrols in disputed S. China Sea

USS Carl Vinson transits the Philippine Sea on Feb. 14. /U.S. Navy/MC3 Kurtis A. Hatcher

 

The U.S. deployed an aircraft carrier group to the South China Sea on Feb. 18, one day after China completed naval exercises in the disputed waters.

Rear Adm. James Kilby, commander of the Vinson strike group, told Navy News Service that “the training completed over the past few weeks has really brought the team together and improved our effectiveness and readiness as a strike group. We are looking forward to demonstrating those capabilities while building upon existing strong relationships with our allies, partners and friends in the Indo-Asia-Pacific region.” Continue reading

War With US Becoming A “Practical Reality” Chinese Military Warns

 

In the harshest warning yet that China is actively contemplating a worst case scenario for its diplomatic relations with the US, a senior Chinese military official said that “a war within the president’s term’ or ‘war breaking out tonight’ are not just slogans, they are becoming a practical reality.The remarks, first reported by the SCMP, were published on the People’s Liberation Army website in response to the escalating rhetoric towards China from America’s new administration, and as Beijing braces itself for a possible deterioration in Sino-US ties, with a particular emphasis on maritime security.

The commentary written by an official at the national defence mobilisation department in the Central Military Commission – which has overall authority of China’s armed forces – also called for a US rebalancing of its strategy in Asia, military deployments in the East and South China Seas and the instillation of a missile defence system in South Korea were hot spots getting closer to ignition. Continue reading

How China wins the South China Sea war without firing a shot

China is engaged in a broad-ranging information warfare campaign as part of a covert effort to take control of the South China Sea — in the words of ancient strategist Sun Tzu, without firing a shot.

The Chinese cyber attacks have been carried out extensively on regional states along with political influence operations designed to falsely convince the international community that the waters of the sea are and have been China’s sovereign maritime territory.

James Clapper, the US director of national intelligence, told a Senate hearing last week that aggressive Chinese cyber attacks were continuing. ”China continues to succeed in conducting cyber espionage against the US government, our allies, and US companies,” he said. Continue reading

The Beginning of the End for SWIFT Payment System

The Beginning of the End for SWIFT Payment System

 

In a major move to explore the use of digital currency in Singapore, the city state’s central bank plans to launch a pilot project with the country’s stock exchange and eight local and foreign banks to use blockchain technology for interbank payments.

  • Cross-border foreign currency transactions will also be reviewed under the pilot as Singapore’s central bank looks to position the financial center as an important Fintech hub.
  • The effort is supported by the R3 blockchain research lab and BCS Information Systems, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said at the Singapore Fintech Festival
  • “Under the pilot system banks will deposit cash as collateral with the MAS in exchange for MAS-issued digital currency,” Menon said on Wednesday.

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China—Superpower of the Future?

https://images.thetrumpet.com/57ae214b!h.355,id.14967,m.fit,w.640

Caption: (iStock.com/chinaface)

 

China will take more than your manufacturing job.

China is a sovereign state in East Asia with a population of over 1.3 billion people. The nation possesses the world’s largest economy by some measurements, the world’s largest population and the fourth-largest territory.

These are the building blocks of a superpower. While the world anticipates China gaining superpower status, analysts debate on when and whether
its rise will be peaceful.

The Trumpet forecasts that China will continue to grow as a formidable power, combining its strength with Russia. Further, we forecast that it will play a major role in waging economic war that will devastate America.

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Russia’s Arctic Dreams Have Chinese Characteristics

The most significant geophysical event on our planet since the end of the ice age is taking place today—the opening of the Arctic. As the High North maritime environment warms, the Arctic Ocean’s abundant energy, minerals, fish stocks, and other natural resources are becoming increasingly accessible, while new potential maritime routes promise to reduce shipping times and costs and accelerate ties between major commercial centers. These new opportunities for energy development, natural resources extraction, and shipping suggest that the region risks becoming an arena of intense competition, tension, and potentially even confrontation, not only between the United States and its two near-peer strategic competitors—China and Russia—but also among other Asia-Pacific states with observer status in the Arctic Council. Continue reading

China and Russia close ranks against US missile-defence system

Military officials from Moscow and Beijing use security forum to condemn plans by Washington to deploy systems in Asia and Europe

The officials said Beijing and Moscow would conduct another joint computer-simulated missile-defence exercise next year in response to proposed US deployments in Northeast Asia and Europe. The two countries held their first such drill in May.

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