Tuesday 20 October 2015

Chinese Economic Takeover?

We are fed the idea of a clash of national interests between the US
and China, but are they really controlled by the same people?
So today saw the British state welcoming the Chinese president Xi Jinping to London with a Horse Guards parade. It seems the British Government aren't really the best at choosing their pals, given China's current human rights abuses against the Tibetans and the whole "not having freedom of expression" and all that. That said, the West's form of political censorship isn't that far behind that of China. This doesn't really come as a surprise mind you, given that earlier this year in January, London flew it's flags at half-mast as a sign of respect for the dead King of Saudi Arabia. You know, the guy who ruled a country that funds Islamic terrorism and stones rape victims to death. That guy.

Now you might be thinking that this is just an ordinary state visit except there is something a little ominous about this meeting. I'm not suggesting that the results of today's little meeting are going to be immediately obvious, but that said I would ask everyone to remain vigilant of the possible ramifications which I'm about to detail.

Firstly the really obvious stuff. As the Chinese president was stepping off the plane this morning, our news were revealing how the British steel market was effectively shutting down due to cheaper imports as TATA (in itself an Indian firm) announced massive job cuts. These cheaper imports of course are mainly coming from China. The timing couldn't possibly be any more suspicious to think that this isn't some form of establishment decision. This news comes just after the British Government went directly to China to start a bidding war over who would win the contract for the supplies for HS2, despite an obvious domestic ability to do it ourselves since the British invented railway travel.

The second part of this may seem a little esoteric but I feel there is enough evidence to support a concern. The trouble is that on the internet you hear so many possible 'conspiracy theories', many of which fail to materialise, that you become numb to the many accusations being made. Back in June though there were rumours that the IMF was pushing for a new global currency that would replace the US dollar as the international currency. The site that I had read did not exactly look the most respectable so took it with a pinch of salt, however when rooting about for recent Chinese business deals this afternoon I came across this ABC report, where last week China were actively calling for a new global currency.

Now this ABC report does say that both US and EU leaders "brushed off" this proposal, but then looking at the system in place at the moment we all know that it is not sustainable. America keeps getting to borrowing 'fiscal cliffs', and China keeps buying their debt bonds. Something has to change at some point because China won't keep bailing out the Western markets and America can't keep borrowing forever. At the moment however China seems to be becoming the worlds infrastructure giant, building roads, power stations, bridges and (like HS2) trainlines. This is applicable not only to the UK but to the EU ("which last June announced a joint $11bn investment with China,) America as well as tons of construction work being done in Africa. I have personally heard a story that the British Government had to stop Chinese investors from effectively monopolising the water grid a few years back in the UK, but even that didn't stop China from using HSBC to circumvent this.

If the IMF is in cohorts with the Chinese Government over creating a new global currency we have to wonder whether China is effectively playing games. There are two possible situations that are occuring right now. The first may be that they are buying up assets and debt in the hope that they become the last one holding on to anything when the dollar-backed economy goes down the pan. The second may be that in actual fact, the IMF themselves under guidance of the UN is actually using China as a tool to buy up infrastructure for when a World Government is revealed. Admittedly this seems something which is "out there", but given other things going on amid the increasing United Nations power under their Agenda 21 scheme, I really wouldn't be surprised.



There is also the merger of the markets to consider with the TTIP linking the States and the European Union. I would be bold enough to say that further economic mergers are likely as the begin to bolt together other parts of the world like the African Union and Latin America with North America. It certainly looks as though it is part of the same scheme. Is it a coincidence that this new currency should be discussed just before a Chinese state visit to London, the financial capital of the West?
Since we mentioned Agenda 21, (which is an overall scheme from the UN involving everything from human rights to arms and the environment) the IMF only yesterday sat at the table with heads of state like Merkel to decide on a world-wide tax on 'carbon.' Again, something which could slot in with the creation of this new global currency, and the 'carbon tax' will be nothing except an attempt to cream off cash to the elites.

I'm not saying it is the case, but we should all at the very least keep vigilant for any market fluctuations over the next few weeks or any new IMF announcements.


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