Many Chinese cannot afford to buy anything other than the basics.
Reportedly, in China: house prices have stalled, some construction projects have been suspended, some building sites are deserted and some factories have fallen silent.
To help its economy revive, China has devalued its currency.
Chinese exports to the USA and Europe will be even cheaper
Chinese exports to the USA and Europe will be even cheaper
This will hurt US and European manufacturers whose exports to China will now be more expensive.
dailymail
dailymail
Donald trump says: "China has rebuilt itself with the money it has sucked out of the United States and the jobs that it has sucked out of the United States...
"They are doing a big cut in the yuan and that is going to be devastating for us... they are just destroying us."
There is a fear that stock markets will slide and the world economy will tip back towards recession.
Chained like a dog.
The rich elite cannot buy great quantities of such things as cars and clothes.
"A little more redistribution now might improve the quality and quantity of economic growth."
The Economist explains: How inequality hurts growth
The World's economic problems can only be solved by reversing the process whereby wealth is increasingly concentrated in the pockets of the elite.
The Economist explains: How inequality hurts growth
PART 1
ReplyDeleteDon't be fooled by our global oligarchs:
ALSO CHINA AND RUSSIA PROSECUTE THE ONE-WORLD-GOVERNMENT AGENDA!
1) CHINA
Already some time ago the Chinese elite has blended with the western elite. For this see this video (and others) of James Corbett (of www.corbettreport.com ): https://www.corbettreport.com/china-and-the-new-world-order-transcript/
Some excerpts of Corbett's text:
"We want to construct the same case for what’s happening with Communist China because again, this is about the creation of the One World Governmental system and that cannot take place without:
a) the nation-state systems warring and ruining each other and ‘oh please save us, oh luckily there’s this model, this structure, that’s already been put in place that can come and save us, some sort of UN-type structure that will function like the Red Capitalists of China or something of that sort and
b) this also cannot take place without the active cooperation and the financial, the corporate infrastructure that has been carefully laid out for decades now in agreements between people like Rong Yiren and CITIC and those types of groups, with such things as the US-China Business Council and other extremely fascinatingly interesting groups.
…help flesh out this picture that we’re painting here because it is an exceptionally important one, that tells a very different story to what we’re being asked to believe – that there is a US-China rivalry and that there’s going to be some war because they’re so at each others throats. That is taking place at the surface level but there is a much deeper level of what’s taking place in the third dimension that is much more important in the overall game plan.
Do not get caught up in choosing sides as if choosing a nation state or a NATO vs. Shanghai Cooperation Organization or one of these phoney controlled organizations is going to make a difference . At the end it’s a dialectic and it’s going to smash these two seemingly opposed systems into each other and what’s going to result is going to be horrific on the scale of what Chairman Mao instituted in his ‘Great Leap Forward."
j
PART 2
ReplyDelete2) RUSSIA
That hate mongering against "Putin" (Prince Charles went even so far to compare Putin to Hitler!) is only to put dust into our eyes!
Lets take the Ukraine: Do you really believe that the FSB (former "KGB") or the Moscow Ministry for foreign affairs had no knowledge of the preparation for the coup the USA pushed forward for at least 5 years with not less then 5 billion Dollars by Victoria Nuland ("Fuck the EU")? That's absurd! Ukraine is not situated on another continent but exactly next to Russia! Also all Ukrainians speak Russian fluently! If Putin-Medvedev-Lavrov really had been surprised by the coup to put oligarch Poroshenko into power all heads of the FSB-KGB would have been put into some gulag in east Siberia! But we never heard of personnel consequences for the FSB-KGB for their 'total failure' to do their job. This only because it was no "failure": Moscow knew very well what Nuland did - and Moscow wanted that. The last rightfully elected Ukrainian president Janukovich was dropped by Putin as fast as you can count to three. Following this no one recognized the putsch-dictator Poroshenko faster then did Putin-Medvedev-Lavrov! The legal Ukrainian president Janukovich is kept somewhere in Russia under total isolation: No interviews or even mentioning his name in Russian media!
Let's take Iraq: Instead of protesting against Washington's lies Putin added his own lies only to hate monger even more against Saddam Hussein. See: http://news.bbc.co.uk/2/hi/americas/3819057.stm or http://www.freerepublic.com/focus/f-news/1630187/posts
Let's take Libya: in the UN Security Council the Russian representative (of Putin-Medvedev-Lavrov) agreed to the "no-fly-Zone" over Libya - thus allowing the heavy Nato bombardment against Libya.
Let's take Iran: A lot of years ago now the Russian representative (of Putin-Medvedev-Lavrov) agreed in the UN Security Council to those absolutely unjustified "sanctions" against Iran. Thus putting Iran's economy into ruins. Putin-Medvedev-Lavrov also refused to fulfil an arms contract for the air-defensive S-300 rockets - although e. g. Israel threatened Iran with war every second day.
Let's take Syria: Putin-Medvedev-Lavrov forced Syria to give away their chemical weapons with no quid pro quo whatsoever! Russian media always spoke and speak (see Ria Novosti - now: "Sputnik news") of a "civil war" in Syria. But there is no civil war in Syria - only invading foreign armies. When Hitler ordered to march into Poland - was this a "Polish civil war"?
Very hostile Putin-Medvedev-Lavrov now make party with Saudi-Arabia - the arch enemy of Iran and Syria. Read: "Saudi-Russian diplomatic dance can’t be to liking of Iran, Syria" - http://atimes.com/2015/08/saudi-russian-proximity-cannot-be-to-the-liking-of-iran-syria/
There is no antagonism between China vs. USA_Israel-EU or Russia vs. USA_Israel-EU.
China's devaluation of the Yuan could not happened without consent or even order of the "One-World-Government".
ONE WORLD GOVERNMENT
If You understand German here is a remarkable video: "Die geheime Weltregierung" - https://www.youtube.com/watch?v=HLx9Cmgibe0 .
Also read: "Pope Proposes ‘World Political Authority’ with ‘Real Teeth’" - http://www.chick.com/bc/2009/realteeth.asp
j
Exactly right.....very few alternative media sites mention this because most if them are fakes...the most obvious being the crypto jew Alex Jones.
DeleteIncidently the bouffant hairdo-ed Trump is also a fake.A.His variably orangey blond hair did not emanate from his cranium.B.He is a crypto jew.His offspring did not need to convert to judaism.
This is similar to the media reporting that Isla Fischer converted to judaism when marrying Cohen the movie star.
Both Medvedev and Putin are also crypto Jews.The alternative media likes to paint Putin as an independent voice on the world stage...utter garbage.Incidently the international space station is still functioning nicely.It sort of matches the case of the Buran,that is the Russian space shuttle...externally identical to the US version....produced during the so called cold war.
Is Iran under the sway of the same elite?.Well France kindly gave refuge to the first Ayatollah AND allowed him to return to Iran to lead the revolution.
An attempt to orchestrate a third WW may meet some resistance...like the one million who marched against the Iraq war....if this happens again it will turn violent since many people are still seething with resentment regarding the war criminal Blair.
Since, as you sa y, the wealthy ca nnot buy the output of modern productive plants because they have no need for thousands or millions of the same item, the solution to the economic impasse is not redistribution, but distribution. Trying to put income in people's hands through employment, especially when computerization and robotization are causing jobs to disappear at an accelerating rate, is an anachronistic policy doomed to fail.
ReplyDeleteDaily Mail and journalism is an oxymoron.
ReplyDeleteThis + the Soudelor typhoon = China under attack
ReplyDelete.... explosion in Tianjin
DeleteDevaluation followed by a huge explosion in one of China's major ports, potentially impacting trade.
ReplyDeleteCoincidence?
http://geopoliticainternazionale.blogfree.net/?t=5178576
ReplyDeleteWatch this photos ... China Explosion
Vince wi watch di filma of di pretty girlz and we looka di photos. Prego?
DeleteThe current stretch of devaluations (>10%) is more about "buying into the currency markets" as a fully trading member than about micro economics in China? The people have gold and the Chinese state will be happy to trade their savings into fiat? China can print to buy British banks or American treasuries or gold from their own citizens? QE GOGGLES in China? Just another little engine that could! Look for the fast money to dump stocks before bonds AGAIN!
ReplyDeleteIn our world, today, that is in the grips of psychopaths and demons that do not care about humanity (irrespective of race, religion, etc.) ... ambivalence abounds in the human heart! And yet, 'humane sensibilities' must prevail, if we are to continue to call ourselves humans.
ReplyDeleteAangirfan: your article, as almost always, highlights underlying truths within global scenario snapshots. And while the Zio-Judeo-Masonic/ Talmudic materialism, psychopathy and 'lower chakra priorities' continue to be the most prevalent disease plaguing humans [of ALL backgrounds/ religions/ races/ etc.] ... China's struggles (with it's poverty and inequity) may not be any different [or worse] than any other booming nation. Specifically, US, UK, Canada, Australia, France, EU et al. have serious poverty/ inequality issues beneath the surface/veneer! ... That being said, I feel that the “timing” of your [otherwise good] article, herein, may just be inhumane! Why? ... Tianjin!
Sure, China has a string of problems [just like everybody else] that stem from a rather insidious core:
http://henrymakow.com/2014/11/will-planed-antichrist-be-a-lama.html
http://henrymakow.com/2014/11/tibetan-buddhism-is-a-racket.html
http://henrymakow.com/2013/09/the-dalai-lama-a-CIA.html
However --- in view of Tianjin --- right now is NOT the time to focus on that stuff. Because China’s enemy, right now, is the entire humanity’s enemy! As a member of one of those [Muslim] populations that have been ravaged by the Zio-Masonic criminal vermin, wherein no one came to our rescue --- the least of higher paths I could take is to insist that if we don’t stand behind China against this atrocity, the SAME will befall each and every apathetic bastard around the globe, in time! [Spiritualists call that Karma, I believe!]
China does not have a history of going around destroying other nations/ lands like the Zio-Western-Masonic barbarians do! [ http://www.liveleak.com/view?i=ab1_1433469594 ] ... One must ask oneself, critically: is China destroying the whole world [in all its civilizations, nations and Faith], and displacing [Truly Monotheistic] peoples everywhere, and filling the world with misery, depravity and corruption ... ONLY to bring about their False Messiah and disprove/displace God, and to take every last soul straight to hell ??! The answer would largely be a big NO!
... Thus, China [most certainly] DOES NOT deserve what just happened [or 'what was perpetrated'] in Tianjin! ...
As we await the clouds to clear, the discerning ones amongst us are most certain to discover Rothschild/Mossad/CIA's filthy hands behind this! ...
As much as the human populace on earth is one big dysfunctional family with its [theological/ ideological etc.] differences ... what was perpetrated in Tianjin is UNACCEPTABLE and vile terrorism! ... This seems more like a provocative and threatening act from the West, in light of many things, such as the brewing WW3!
Irrespective of your feelings towards China as a power ... it would be noble/ humane of you to unearth/ expose the criminals behind the Tianjin explosions [like so many of your great expositions in the past] in an upcoming post. People who respect your work through the years only expect this from you.
Regards.
Ugly Donald Pimp --- who is the latest, shameless representative of the world's worst ever barbaric, murderous, usurping and squatting (viz. colonial/imperialist) civilization (or 'uncivilization', rather) --- just goes on to reinforce the sheer arrogance and hypocrisy of the Zio-Judeo-Masonic-West!
ReplyDeleteWhen the West, along with the Saudis, played games with oil prices to hurt Iran and Russia ... no one seemed to bat an eyelid! ... And now China is such a villain to devalue its own currency?! ... Hey, only the arrogant Antichrists have all the right to do whatever they want, and no one else does?
Oligarchs are manufacturing both sides of a conflict (China vs. the West), as they always have through time. The primary solution begins with "stepping outside the dialectic", in which the Zio-Judeo-Masonic-oppressor West has the lion's share of work to do.
ReplyDeletehttp://www.darkmoon.me/2015/absence-of-conscience/
ReplyDeleteDo you see any relation or cover up in the huge blast in Tianjin yesterday? News almost ignore it.
ReplyDeleteGreg on Goon Squad has a piece up on it...
Deletehttps://en.wikipedia.org/wiki/Yujiapu_Financial_District
ReplyDelete"Yujiapu Financial District (Chinese: 于家堡; pinyin: yú jiā pù) is a skyscraper development in China's Tianjin Binhai New Area currently[when?] being built as a potential center of world finance.[1]"
Russia, China and their leaders are steeped in the NWO. Do not be fooled by the media and the independant journalist.
ReplyDeleteBethie -- you're in the minority. Most are falling for the good-cop/bad-cop routine and believe Putin to be the great white hope. Sad people are so easily fooled, particularly as the current 'Putin' looks nothing like the long-gone, real Putin who in any event was far from how he's been portrayed. Few know how the actual Putin earned his stripes, just as few know how many within the Chinese hierarchy are jews and/or cryptos. We're being led down the path again. The gap between the average, trusting individual and those who're systematically destroying our world is staggering. Let's face it, people want to believe in Superman and today's heroes are Putin and the Chinese. Heart breaking, just how easily fooled we are. But dare say a word about Putin and people turn rabid. So they'll just have to learn -- again.
ReplyDeletehttp://www.tomatobubble.com/id878.html
ReplyDelete