Yesterday, we explained first two phases of going into hot war: those are currency war first and then a trade war. Trade war has just started. What are the chances of hot war?
In a previous article, we have seen that the Shanghai International Energy Exchange will unveil on March 26th an oil-futures contract denominated in Chinese yuan rather than U.S. dollars. That is an open challenge to the domination of petro-dollar. And it is not the first time it has been done. Saddam Husein and Moamar El Khadaffi have tried the same thing, and we know how they finished their rule. Is China any different?
It is. China is like another planet from the point of view of a crumbling Empire. China has a mighty economy that is still rising at the pace of 6-7% a year. The Crumbling Empire is drowning in debt — the national debt exceeded $21 trillion for the first time on Thursday, March 15th 2018, a little more than six months after it hit first $20 trillion on September 8th 2017.
But that will not prevent the Crumbling Empire from trying the real war games. Of course, they will first push their colonized satellite states — maybe it will be a war between Japan and China, maybe it will start between two Koreas…
Here is Max Keiser from our own @keiserreport, explaining the Empire bid to prevent de-dollarization — at any cost:
Duration: 5:18
Is China aware of thier intentions? Of course. All the countries that are leaving dollar-based financial system are already hoarding gold as much as they can. They are expecting some kind of a reset. They are still hoping of a “soft landing” for the Crumbling Empire, but are preparing for a “hot resolution”. Which can happen overnight. It wouldn't be the first time in history.
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I think the Chinese government is the only one able to take long term investment decision and action. They have invest to produce 98 % of solar panels production. I am sure the Chinese government is wise enough not to collapse the US economy which is their main customer. But they will certainly make it weaker, which is not very difficult with such a president as Trump. USA is able to collapse itself alone. You cannot invade a country of 1 billion inhabitants which own the atomic bomb, even with the strongest army in the world. I would guess China will continue to buy America piece by piece, they need more land for agriculture.
That is unfortunately true, @chrisaiki. USA simply cannot stand the situation where they are not “indispensable” nation any more. And they are huffing and puffing with their irrelevant military power, while China is building a world wide infrastructure (One Belt, one road, Power Grid connected with renewable sources, Quantum communications…) which will make them truly indispensable.
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thanks for the post!
You are welcome, @tatianavishny :)
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