I caught this during a l-o-n-g night of no sleep. I cannot believe it.
World Matters Come to an Explosive Head
Say it ain't so...
I caught this during a l-o-n-g night of no sleep. I cannot believe it.
World Matters Come to an Explosive Head
Say it ain't so...
Here is the meat of the story...apparently China has placed a Lien on what we owe them...or something to that effect...I haven't seen anything in the major news media about this yet.
By Christopher Story FRSA, Editor and Publisher, International Currency Review, World Reports Limited, London and New York. For earlier reports, press the ARCHIVE. Order your intelligence subscriptions and our 'politically incorrect' intelligence books online from this website.
U.S. MILITARY ON FULL ALERT SINCE MONDAY
With effect from one minute past midnight on Monday morning 9th November [[9/11), the US military were placed on high alert.
On both Monday 9th and Tuesday 10th November 2009, very strenuous attempts were made by the international ENFORCEMENT forces [[Chinese, British, Swiss etc) with assistance from US agents, to complete the Settlements payments process. On both days, the process was yet again frustrated, and on Monday we were told that the problems arose in the United States. Late on Tuesday British time we were informed that French President Sarkozy was furious at the continued intransigence of the criminal cadre, also known as the Shadow Government [[referred to by some US pundits as ‘the Corporation’), which is in the process of being decisively ‘taken down’ 'as we speak'.
• WEDNESDAY 11TH NOVEMBER PM UK: At about 11.15pm UK time we received a call from one of the mentioned US associates to say that impediments* to publishing this report had been reviewed, and on analysis it was felt that publication is necessary given prevailing circumstances. The LIEN can be exercised from this evening Eastern and this is what is currently anticipated.
* By 'impediments' we mean [[a) not getting in front of events and [[b) trying not to jeopardise bona fide efforts at resolution, i.e. not making life more complicated than is already the case. You can read what is appropriate into the fact that these precautionary concerns have now been discarded.
K-tel speak Chinese in minutes microphone translator, wear it on your belt, be the life of the party.
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Sounds like just another "Anti-One-World", conspiracy theory kook. I'm surprised he/she didn't mention the Petavirate, the Illuminati, or the Tri-Lateral Commission.
I came across another story about five weeks ago quoting a high ranking Chinese official as stating that China was very concerned about the collapse of the US dollar because it owns so many treasuries. He said that if US policy continued to signifiacantly erode the dollar's value, China would have no recourse except to nationalize US owned businesses in China to compensate for lost value. His statement might have nothing to do with story in the OP link.
Thanks again GWB!I came across another story about five weeks ago quoting a high ranking Chinese official as stating that China was very concerned about the collapse of the US dollar because it owns so many treasuries. He said that if US policy continued to signifiacantly erode the dollar's value, China would have no recourse except to nationalize US owned businesses in China to compensate for lost value. His statement might have nothing to do with story in the OP link.
GWB, Clinton, ect.
We have been setting up our demise for decades. It's only a matter of time until these hostile nations we have borrowed so much money from decide it's time for us to pay the piper
Quote: "China would have no recourse except to nationalize US owned businesses in China to compensate for lost value."
Oh sweet justice, go China. That would serve these capitalistic bastards right for destroying our manufacturing sector and putting so many out of work.
The spike down in dollar value is Obama's alone...the spike is what is spooking the Chinese, and should be scaring the daylights out of us.
This is simply not going to happen.I came across another story about five weeks ago quoting a high ranking Chinese official as stating that China was very concerned about the collapse of the US dollar because it owns so many treasuries. He said that if US policy continued to signifiacantly erode the dollar's value, China would have no recourse except to nationalize US owned businesses in China to compensate for lost value. His statement might have nothing to do with story in the OP link.
In August, the US agreed with China to issue more TIPS [[inflation protected bonds). So, if there is inflation due to a weak dollar, then the interest rate increase proportionately. There is a risk that the dollar remains weak with little inflation. Obama is going to China shortly, perhaps to give them further assurances so he can contiue to borrow from them and continue to spend here.
Also, based on my discussions with a couple of folks I know who have worked for Ford in China for years, China already takes a 51% interest in any foreign investment. So, there is much less incentive to nationalize the rest [[unless. of course, China's goal is to end all foreign investment in their country).
I don't think it will happen either because they [[the Chinese) have far too much invested in USDollars to cut their losses. What they [[and we) will suffer through is more devaluation....problem is, we can't afford to.
The Chinese, though, have been buying shorter term treasuries of late. This would allow them to get out with less of a loss on short notice. About a month ago, China was a net seller of treasuries so they must have been getting rid a some longer term treasury hot potatoes. I don't know if that was a blip or if China is still a net seller.
India, meanwhile, has unloaded $200B to buy some gold from the IMF. Warren Buffet, for his part, just got rid of $46B to buy the BNSE Railway.
Today, some foreign countries joined together to buy some dollars to support its price. It did cause the dollar to go up but the stock market and commodities consequently went down. This provides a clue as to why the market has been doing ok lately. Some investors have been investing in the market as a hedge against a declining dollar.
Last edited by oladub; November-13-09 at 02:00 AM. Reason: saw>was
Good points Oladub...I hope you are wrong, but can't confidently say that it is so.
You hope oladub is wrong? Why?
Imagine that - we'd have cause not to import their product and we'd have to start making our own again.
If he is right, the Chinese will abandon their investments in USdollars and the US economy will collapse. Obama may want that [[the Cloward and Piven approach..destroy and rebuild)..nobody else should.
Your neo-con gods sure seem to want that to happen.
??? If they want what Obama wants, then wouldn't they support him?
But they don't, so whats your point?
Obviously they don't want what Obama wants.
Still don't know who, or what, you are referring too by "NeoCon" either.
Our leadership has been handing our country over to the Chinese for decades. Our military and technology secrets, our industry, our financial doom in the palm of their hand
There's a fair amount of people that would not mind a Communist Socialist government in control of the United States, and handing the US to the Chinese is an easy way to do it.
Ultimately there will be a day of inevitability
Yeah, but it is not in theaters until next fall...Red Dawned.
It felt really strange reading their 'false' propaganda posters on the walls for the filming downtown...I'll try to upload the photos we took of them...but honestly, not a one would anyone argue against...but to take that stance is to WELCOME this faux invasion. What a quandary, can't we just do the revolution ourselves and NOT outsource just this ONCE?!
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