China Is Preparing for Conflict – and Why We Must Do the Same

Always remember, as explained by Mr. Chi Haotian, Minster of Defense and vice-chairman of China’s Central Military Commission, extermination of America is the goal of China.

In February of 2010, hand-to-hand combat with America within 10 years was promised by Colonel Meng Xianging.

Anyone who doesn’t see the danger from these credible warnings straight from the Chinese regime itself is definitely not awake. Sadly, such is the current state of America where shopping until you drop is the number one priority.

Note: Due to the the article being highly recommended for anyone to read so that it raises awareness, it will remained archived here in full.

 

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Ever since Richard Nixon opened relations with Communist China in 1972, Chinese intentions have been a matter of incessant and often fevered speculation in this country.

In particular, national security and regional experts, non-governmental organizations and office-holders alike, have endlessly debated whether the People’s Republic of China could be brought into a U.S.-dominated international order and world economy in a manner consistent with American interests and, better yet, as a partner in opposition to mutual adversaries (e.g., the Soviet Union, North Korea, and the global jihad movement). Continue reading

Rich and powerful warn robots are coming for your jobs

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Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss pressing global issues: the robots are coming.

“Most of the benefits we see from automation is about higher quality and fewer errors, but in many cases it does reduce labor,” Michael Chui, a partner at the McKinsey Global Institute, said on Tuesday during a panel on “Is Any Job Truly Safe?”

Continue reading

The Fed Sends A Frightening Letter To JPMorgan, Corporate Media Yawns

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Yesterday the Federal Reserve released a 19-page letter that it and the FDIC had issued to Jamie Dimon, the Chairman and CEO of JPMorgan Chase, on April 12 as a result of its failure to present a credible plan for winding itself down if the bank failed. The letter carried frightening passages and large blocks of redacted material in critical areas, instilling in any careful reader a sense of panic about the U.S. financial system.

A rational observer of Wall Street’s serial hubris might have expected some key segments of this letter to make it into the business press. A mere eight years ago the United States experienced a complete meltdown of its financial system, leading to the worst economic collapse since the Great Depression. President Obama and regulators have been assuring us over these intervening eight years that things are under control as a result of the Dodd-Frank financial reform legislation. But according to the letter the Fed and FDIC issued on April 12 to JPMorgan Chase, the country’s largest bank with over $2 trillion in assets and $51 trillion in notional amounts of derivatives, things are decidedly not under control. Continue reading

Here We Go Again: Obama Pushes Banks To Lower Home Loan Standards

Right out of the Clinton 90’s playbook that brought you the 2008 financial crisis:

 

Recently, White House Press Secretary Josh Earnest said the following: “One of the key legacy achievements of this presidency will be the important reforms of Wall Street. Those reforms have led to a financial system that is more stable and ensures that taxpayers are not on the hook for bailing out financial institutions that make risky bets.” Continue reading

China stocks plunge, triggering another market halt

China halted stock trading Thursday, its second day-long trading suspension this week, after prices plunged in the latest spasm of investor panic on its volatile markets.

Chinese markets have lurched up and down as regulators gradually withdraw emergency measures imposed after the main stock index plunged in June following an explosive rise. 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

This Is What A Financial Crisis Looks Like

Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street.  Funds run by Third Avenue Management and Stone Lion Capital Partners have suspended payments to investors, and a fund run by Lucidus Capital Partners has liquidated its entire portfolio.  We are witnessing a race for the exits unlike anything that we have seen since the great financial crash of 2008, and many of those that choose to hesitate are going to end up getting totally wiped out.  In case you are wondering, this is what a financial crisis looks like.  In 2008, other global stock markets started to tumble, then junk bonds began to crash, and finally U.S. stocks followed.  The exact same pattern is playing out again, and the carnage that we have seen so far is just the tip of the iceberg. Continue reading

Overstock Holds 3 Months Of Food, $10 Million In Gold For Employees In Preparation For The Next Collapse

 

But little did we know that Overstock’s Chairman Jonathan Johnson is as vocal an opponent of the fiat system, and Wall Street’s tendency to create bubble after bubble, if not more than Byrne himself.  That, and that his company actually puts its money where its gold-backed money is and in preparation for the next upcoming crash, has taken unprecedented steps to prepare for what comes next. Continue reading

Will China Dumping US Bonds Undermine Global Finance?

China, Russia and Brazil have recently been selling US Treasuries, hedging their fiscal risks and stirring volatility on Wall Street, potentially signaling a more significant slowdown in the global economy coming up.

Kristian Rouz — Several emerging markets, including China, Brazil, Russia and Taiwan, previously among the biggest buyers of US governmental bonds, have recently been selling them at the fastest pace since 1978. US bonds, commonly referred to as ‘Treasury notes’ or ‘Treasuries’ are, however, widely regarded as being among the most ‘safe haven’ assets in the financial world, meaning the emerging markets must have serious reason to cash those out for the more volatile money liquidity. Continue reading

Author Robert Kiyosaki: We’re in a Global Economic Collapse

Robert Kiyosaki, best-selling author of “Rich Dad, Poor Dad,” tells Newsmax TV that the global economy has collapsed and Wall Street has been manipulated by the Federal Reserve and US Treasury.

He said the only way to survive such a treacherous and volatile investing environment is with a solid financial education.

“The global economy is in a collapse right now,” he told “Newsmax Prime.” Continue reading

James Dale Davidson: Current Global Crash Is a ‘Rerun of 1929’

Please see the website for the video.

 

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The current global stock-market crash is eerily reminiscent of the Wall Street crash of 1929, investment expert and author James Dale Davidson told Newsmax TV.

“What we’re seeing, if I could say it this way, is a rerun of 1929 with the main crash falling in Shanghai rather than in Wall Street,” he told “Newsmax Prime.”

“If you’re not scared, you’re not watching,” he said. “Since the last time I was on Newsmax TV on the 11th of August to discuss the Chinese devaluation, which was a small step, I said it was only the beginning of a major change that was going on. And since that time, $5 trillion have gone to money heaven, which is a significant change,” he said. Continue reading

Global stocks in ‘panic mode’ as Chinese factory slump drags on markets

Global markets are hemorrhaging. How many more band-aids can be put on a wound that is somehow only delaying the death of the patient?

 

Britain’s leading share index fell to 6,286 points on Friday morning immediately after opening, a decline of 1.26%.
The drop mirrored stock markets across Asia-Pacific after they went into “panic mode” when further signs of a weakening Chinese economy compounded overnight losses on Wall Street and European bourses.

China’s factory sector shrank at its fastest pace in more than six years in August as domestic and export demand dwindled, a private survey showed, adding to worries that the world’s second-largest economy may be slowing sharply and sending financial markets into a tailspin.

China’s surprise devaluation of the yuan and heavy selling in its stock markets in recent weeks have sparked fears that it could be at risk of a hard landing, which would hammer world growth. Continue reading

US is Gearing Up for Onrushing Economic Apocalypse

September and October… get used to hearing those two months.

What’s coming is imminent, but not the end of the world. Although, it will likely trigger serious civil unrest and even war.

Be prepared, be it financially or physically. The best advice, however, is to be right with the Lord.

 

America hurls all effort into preparing for September “apocalypse” as economic forecasts are becoming more and more intimidating, RT columnist Robert Bridge wrote.

According to Gallup’s recently released US Economic Confidence Index rating, confidence in the US economy among Americans dropped to its lowest level in July. Nothing to be surprised about, considering that each and every economy analyst deems it duty to share predictions on the country’s nearest future in a campfire scary story manner.

Continue reading

Was Greece Set Up To Fail?

Not only was Greece set up to burn and have an example made of it by Wolfgang Schäuble, according to former U.S. Treasury Secretary Timothy Geithner, the entire Euro was designed to fail. All roads are leading to Berlin and it’s Fourth Reich dominating the continent.

 

My ‘job’ here is by no means done, anyway. Because of the general strike today, another Solidarity Clinic that I wanted to donate some of your AE for Athens Fund money to, is closed (update on the Fund tomorrow). Parliament is debating the latest Troika strangle plan as we speak, and who knows what tomorrow will bring? An entire economy is being deliberately suffocated, and all in all it’s just total madness. Quiet madness, though (update: and then the riots broke out..).Two things I’ve been repeatedly asked to convey to you are that:

1) you can’t trust any Greek poll or media, because the media are so skewed to one side of the political spectrum, and that side is not SYRIZA (can you imagine any other country where almost all the media are against the government, tell outright lies, use any trick in and outside the book, and the government still gets massive public support?!),

and:

2) Athens is the safest city on the planet. I can fully attest to that. Not one single moment of even a hint of a threat, and that in a city that feels very much under siege (don’t underestimate that). And people should come here, and thereby support the country’s economy. Don’t go to Spain or France this year, go to Greece. Europe is trying to blow this country up; don’t allow them to. Continue reading

Veteran JPMorgan banker Jimmy Lee dies suddenly

Another added to the bankers list.

 

Jimmy Lee, one of the foremost investment bankers of his generation, has died suddenly, JPMorgan Chase said on Wednesday.

Jamie Dimon, chief executive of JPMorgan, said Mr Lee, 62, “was a master of his craft, but he was so much more — he was an incomparable force of nature”.

He died in hospital on Wednesday morning after being taken ill during exercise, one person familiar with the matter said. Continue reading