Archive - Jul 29, 2011 - Blog entry

The Banana Debt Republic saga continues

In 1978, the year China emerged onto the world stage with its four modernizations, China, a country with four times the population of the United States, had a paltry gross domestic product of $216 billion, less than eight percent of the United States. China exposed her strategy of four modernizations to the world as if to say, “Please invest in China and we will ensure that our workforce is educated, and that our business infrastructure is stable for your investment.” Yet, this openly expressed strategy, that may have seemed to the rest of the world as a difficult but noble goal for China to achieve, was only the tip of China’s Grand Plan, and only the part she wanted the world to see.

EurAmerica’s history with China was one of gunboat diplomacy, exploitation, and forced trading. When China opened her borders again in 1979, EurAmerica’s merchants were enthusiastic to exploit an opportunity again. Yet, China had not forgotten EurAmerica’s role in the Opium War, the Sino-Japanese War, and the Boxer Rebellion. China would never open her border again to be exploited. When she finally opened her border in 1979, it was from a position of power, deep strategy, and long lived planning that suggested EurAmerica was finally ripe for reverse exploitation. China’s grand plan was to emerge as the 21st century world power.

Via The Sceptical Market Observer.

Citizen Warriors Radio | Foreclosure Fraud Special w/ June Clarkson & Theresa Edwards Hosted by Michael @ 4closureFraud.org and Lisa @ ForeclosureHamlet.org

Everything about the budget debate is a fraud. The drop dead date is a fraud. The "cuts" are a fraud. The threat of economic collapse is a fraud. Forget all the "can't we just get along" rhetoric. US sovereign debt ratings will be cut sooner or later. The only way we will get a balanced budget amendment is to shut it down.

Some Charts before you panic by www.thetrader.se

Oklahoma's AG, Scott Pruitt, launched an investigation on Thursday into whether financial institutions are properly handling state pension funds...

Watch this suit. The big USA financials are going to get hit on the head.

As we learned working in Mexico in the 1980s and 1990s, the world of debt defaults and fiscal crises inevitably results in strong inflation, but a big part of the inflationary process is perception.  Think of this week as the point in the learning curve when Washington started getting the attention of the entire nation and world -- a year before the next election

By www.thetrader.se