Ron Paul Warns: “Second Financial Bubble Going To Burst Soon… Even Trump Can’t Stop It”

 

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

China eyes ‘The Art of War’ as Trump signals battle on trade

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

China is ready to pounce if Trump axes Pacific trade deal

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

Obama Gives Kitchen Sink Away to Vietnam

On the subject of Vietnam, many folks still have very definitive thoughts about that communist country. I for one have a personal reflection in that my older brother served there as a Marine Infantryman in Charlie Company, 1st Battalion, 26th Marine Regiment, and was wounded at Khe Sahn. My father-in-law also served in Vietnam as an Army Infantryman in the 23d American Division. So I was kinda paying close attention to President Obama’s visit to another communist country – too bad they don’t play baseball there (or dance the tango). And of course, Obama made a point of taking pictures in front of a bust of Ho Chi Minh – a similar photo op as he had in front of Che Guevara.

But that wasn’t the only questionable thing – this is after all Barack Hussein Obama. Continue reading

Germany’s Leading Role

BERLIN/CIUDAD DE MÉXICO (Own report) – Following her talks yesterday with Mexico’s President Enrique Peña Nieto in Berlin, German Chancellor Angela Merkel announced that Germany will strengthen its partnership with Mexico. It will train members of the police and armed forces and enhance economic cooperation with that country. Mexico, traditionally, has been one of the German companies’ two most important trading partners in Latin America. Particularly German automobile companies use Mexico as a low-wage production site for the lucrative US market. Cooperation now will also be strengthened with the military and in the field of domestic repression. This must be seen in the context of the gradual polarization on both shores of the Pacific, as Western powers and their allies take up positions in opposition to the People’s Republic of China, while several governments, which had refused to bow to western hegemony, have been recently either voted out of office or are threatened with being ousted. Berlin is offensively supporting those forces, cooperating with the West – such as Mexico, whose President Peña Nieto, in turn, explicitly recognizes Germany’s “leading role.”

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The Trans-Pacific Partnership: Death of Western Sovereignty

(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

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

It’s not checkmate yet: Beijing to counter US-led Trans-Pacific Partnership trade pact

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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.

Continue reading

Leaked TISA Documents Reveal Privacy Threat

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

Pacific trade deal: Fast-track measure will pass ‘this week’, McConnell says

Majority leader praises President Obama over Trans-Pacific Partnership as Congressman Paul Ryan suggests momentum will carry to House

Republican majority leader Mitch McConnell said on Sunday the Senate will pass “fast-track” authority to negotiate major trade deals this week, despite opposition to the measure from many of President Barack Obama’s fellow Democrats.

“Yes, we’ll pass it. We’ll pass it later this week,” McConnell said in an interview with ABC. Continue reading

AIIB a means for China to achieve ‘Belt and Road’

China’s Asian Infrastructure Investment Bank (AIIB) initiative is a means to achieve its goal of bolstering regional integration and connectivity through its “Belt and Road” strategy, Lu Chung-ta, director of investments and marketing at Shin Kong Investment Trust Co.

The establishment of the AIIB is widely regarded as an effort by China to create an international financial institution that rivals the World Bank, the International Monetary Fund, and the Asia Development Bank and curb the US’s leading position in global financial decision-making bodies in the post-World War II era. Continue reading

The AIIB: China’s Just Getting Started

The AIIB’s success doesn’t mean that China has deposed the US — but the game has only just begun.

As more U.S. traditional allies such as the United Kingdom, Germany, France, and Italy decide to join the China-led Asian Infrastructure Investment Bank (AIIB), people may start to wonder: Is this a sign that the U.S. is in irreversible decline?

Continue reading

Will Anything Really Change After The Midterm Elections?

Both parties together agree with so many issues because they are the same party. As in today’s neo-Soviet Russia, no matter who’s elected, the country goes on the same path because they’re controlled by the same component: The Kremlin. In this case, it’s more difficult to pinpoint who’s really in control of the United States, but it’s surely correct to say Obama isn’t the person who’s really pulling the strings.

On another side note, the number of abortions (50 million) stated in this article is likely highly underestimated. The 50 million total has been a statistic used over the last five to ten years, yet people parrot the same amount every time the topic comes up. As America’s social and moral fabric have eroded beyond the point of no return within the last ten to fifteen years, it would be difficult not to imagine that number is doubled. The movement of ridding the ‘inconvenience’ of having a baby in life gained ground by leaps and bounds during the Clinton administration.

As the article states: The clowns may change, but the circus remains the same.

If you’re still arguing about Democrats vs. Republicans, sorry, but you have been utterly oblivious for the last 15 years.

Maybe you’ll agree with this assessment, maybe you won’t. What you believe is up to you but how many times can you be warned that the sword is coming to disobedient nations such as the United States and the world over — and still not see it? It cannot continue on this path forever. It will fall.

You’re encouraged to dig through the posts on this site and come to your own conclusion.

 

The more things change, the more things stay the same.  As I write this, it looks like the Republicans are going to take control of the U.S. Senate.  But will that actually alter the direction of the country?  Will that actually change anything?  There are many that hope that this could represent a “turning point” for America, but history tells us that almost certainly will not be the case.  Over the past 30 years, things have changed very little no matter which party has controlled the White House and no matter which party has controlled Congress.  During that time frame, the national debt has continued to explode, our long-term economic problems have continued to get even worse, our liberties and freedoms have continued to erode and our nation has increasingly become a moral cesspool.  And the truth is that at this point there is very little real difference between most Democrats and most Republicans.  The corruption in Washington D.C. runs extremely deep, and very few politicians are able to enter that environment without being fundamentally affected by it.

In recent times, midterm elections have become primarily about punishing whoever is in the White House.  In this case, there is definitely much to be dissatisfied about as far as Barack Obama is concerned.  In fact, many consider him to be the worst president in U.S. history, and that is saying a lot.

But despite the millions upon millions of votes that were cast by concerned Americans on Tuesday, very little is likely to change in the way that this nation is governed. Continue reading

Vladimir Putin: oil price decline has been engineered by political forces

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 strategist says Obama’s power is waning in Asia

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