In the latest warning from the White House that it is set to unleash trade policy that will be in sharp conflict with generally accepted trade norms, most likely a reference to some form of Border Adjustment Tax, the Trump administration has warned that the U.S. isn’t and won’t bound by decisions made at the World Trade Organization, in outlining a new trade agenda that “promises to root out unfair practices by foreign countries” and to escalate what are already simmering trade conflicts. Continue reading
By all appearances notes SHTFPlan.com’s Mac Slavo, President Trump is doing his damnedest to turn around the economy, revitalize jobs and bring back prosperity. But the larger trends are already in place; the cycle is turning, and the bust cannot be put off forever.Federal Reserve policy has literally set the country up for collapse, and though the central bank has been very creative in making the impossible work, and putting off disaster, nothing can hold back the flood forever.
Unfortunately, it looks like Trump may be blamed for a financial crisis that he didn’t cause. Analysts, including notably Brandon Smith, may be correct in pinpointing the attempt to use the new and highly controversial president as a scapegoat for the dirty work of the bankers.
The conditions are there, and the consequences were built in when the bubble was still being pumped up. Someday it will burst. When, how, and how bad remains to be seen.
If former Rep. Ron Paul (R-TX) is correct, an Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. That’s because, as Paul stated, the Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009. Continue reading
BEIJING – There’s a Chinese saying that stems from the philosophy in Sun Tzu’s ancient text “The Art of War”: You can kill 1,000 enemies, but you would also lose 800 soldiers.
Centuries later, the proverb is suddenly apt again, being mentioned frequently in discussions around Beijing. Now, it highlights the potential damage U.S. President-elect Donald Trump could inflict if he makes good on his threat to start a trade war with China, the world’s second-biggest economy.
Having backed off some other campaign pledges, it’s unclear if Trump will end up slapping punitive tariffs on China — and Beijing has signaled some optimism he will be more pragmatic in office. Still, the message from China is that any move to tax Chinese imports would bring retaliation: The U.S. economy would take a hit and America would damage its long-standing ties with Asia. Continue reading
If Donald Trump turns his back on Asian economies, China is ready and willing to step into the vacuum.
During the election campaign, Trump blasted international trade deals, tapping intoa deep well of popular anger over the effects of globalization. Now, President-elect Trump’s first victim could be the huge Pacific trade agreement that he slammed as a “disaster done and pushed by special interests who want to rape our country.”
The Trans-Pacific Partnership (TPP) was a key plank of President Obama’s push to boost U.S. influence in Asia. But now it looks doomed, with Congress refusing to ratify it and Trump having vowed to kill it. Continue reading
(TRUNEWS) On February 4, the Trans-Pacific Partnership (TPP) is set for formal signature in New Zealand.
The TPP is a global version of the North American Free Trade Agreement (NAFTA) and the General Agreement on Tariffs and Trade (GATT), which has been negotiated in secret for the last seven years and would place centralized regulation on 40 percent of the world’s economy.
NAFTA and GATT had a catastrophic effect on U.S. business competitiveness, and domestic export values, upon implementation in the 90’s, a trend the TPP is likely to follow. Continue reading
China to speed up talks on regional accord in face of landmark Trans-Pacific Partnership deal
China will seek to quicken the pace of its free-trade negotiations with other Asia-Pacific economies to counter a mammoth Washington-led trade pact in the region, observers say.
The United States and 11 other countries that in total make up 40 per cent of the world’s economy scored a landmark Trans-Pacific Partnership (TPP) deal in Atlanta on Monday.
This is how the Fourth Reich is coming to be. If you’re still looking for Nazis, you’re 70 years too late. The German hegemony is conquering through other means.
“You have not anchored Germany to Europe,… You have anchored Europe to a newly dominant, unified Germany. In the end, my friends, you’ll find it will not work.“
– Margaret Thatcher
How right she was.
This video below may help one to understand some of the seemingly obtuse demands from the Troika with regard to Greece.
The video is a bit dated, but the debt scheme it describes remains largely unchanged. The primary development has been the creation of an experiment called the European Union and the character of the targets. One might also look to the wars of ‘preventative intervention’ and ‘colour revolutions’ that raise up puppet regimes for examples of more contemporary economic spoliation.
President Obama is on the verge of creating the New World Order. He is using Trade Promotion Authority — otherwise known as “fast track” — to pass his globalist dream: the Trans-Pacific Partnership, a sweeping 12-nation trade pact.
The TPP, however, is much more than about “free trade.” It is a deliberate attempt to create a new Pacific Union — a supranational entity modeled on the European Union. It is an embryonic political and economic union that, if implemented, would destroy U.S. sovereignty, flood America with unlimited immigration and subordinate the Constitution to an unelected, unaccountable international tribunal.
Yet, Republicans in Congress, who were swept into office to curb Obama’s imperial presidency, are betraying their voters — and their country. Continue reading
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A large portion of the English translated version will remain here.
While on the surface the European leaders of G-7 nations are all smiles in their photo-ops next to US president Barack Obama, there is an unmistakable tension and simmering resentment at the US for forcing Europe into America’s personal crusades.
“Today, Europe is not independent… The US is drawing us [the EU] into a crusade against Russia, which contradicts the interests of Europe,” said the former French Prime Minister Fillon while the chief economist at Bremer Landesbank adds that as a result of US policies “unmeasurable damage lies in an elevated geopolitical risk situation for the people in the EU.” Continue reading
Under the draft provisions of the latest trade deal to be leaked by Wikileaks, countries could be barred from trying to control where their citizens’ personal data is held or whether it’s accessible from outside the country.
Wikileaks has released 17 documents relating to the Trade in Services Agreement (TISA), currently under negotiation between the US, the European Union and 23 other nations. These negotiating texts are supposed to remain secret for five years after TISA is finalized and brought into force. Continue reading
As slumping oil prices dampen Russia’s economic outlook, the country’s President has said that “at some moments of crisis it starts to feel like it is the politics that prevails in the pricing of energy resources”.
Recent tumbles in the value of oil on global markets have been the creation of politicians, Vladimir Putin, President of Russia, suggested on Thursday.
“The obvious reason for the decline in global oil prices is the slowdown in the rate of [global] economic growth which means consumption is being reduced in a whole range of countries”, Mr Putin said. Continue reading
Japanese business strategist Kenichi Ohmae said on April 29 that Taiwan may not benefit much from US president Barack Obama’s rebalancing strategy in the Asia-Pacific as Obama has less than two years left in office, and that the Trans-Pacific Partnership (TPP) could be a disaster. Continue reading
According to Robert Valencia, China is vying for greater economic influence in Latin America, to include possibly constructing and operating an alternative ‘Panama Canal’ through Nicaragua. One unanticipated consequence of this burgeoning US-China rivalry, Valencia observes, is that it might push Latin American countries closer together.
During the first weekend of June, U.S. President Barack Obama and Chinese President Xi Jinping met in California to discuss cyber espionage and territorial claims in the Pacific Rim. While tension on these topics has hogged the headlines, the fight for influence in another area could be even more important—Latin America. Other emerging markets in Africa, where China has an overwhelming influence due to foreign direct investment in mining and oil, also offer economic opportunities, but Latin America has an abundance of natural resources, greater purchasing power, and geographic proximity to the United States, which has long considered Latin America as its “backyard.” Continue reading