Tag Archives: China

US To Open 4 New Sites In Philippines, Accelerating ‘Pivot To Asia’, by Kyle Anzalone and Connor Freeman

It’s not clear if the four Philippines sites will be enough to stop Chinese balloons. From Kyle Anzalone and Connor Freeman at libertarianinstitute.org:

Washington and Manila are close to inking an agreement that would see four new American installations opened in the Philippines. The new sites are part of a US military buildup in the Indo-Pacific to prepare for war with China.

According to the Washington Post, negotiations are ongoing but a deal between Manila and Washington is nearing completion. Once inked, American forces are expected to have new sites at four Philippines bases.

Two of the new facilities will be located in Luzon, in the northern half of the country. The military sites are expected to be used in a future war between Washington and Beijing, and “could give US forces a strategic position from which to mount operations in the event of a conflict in Taiwan or the South China Sea,” the Post reported.

In 2012, then-President Barack Obama adopted a more aggressive policy toward China – dubbed the “pivot to Asia,” the largest military buildup since World War II. Under the strategy, Washington has authorized billions of dollars for new bases, ships and weapons to be deployed to the Asia Pacific. The Pentagon aims to encircle China with two-thirds of all US air and naval forces.

The increased military activity has led to a string of deadly accidents in the region. A series of US warships have collided with civilian vessels, resulting in dozens of casualties. In 2018, an F-18 collided with a refueling aircraft off the coast of Japan, killing six.

The Joe Biden administration has accelerated the military buildup in the Pacific. Last week, the Department of Defense opened a new base in Guam. At the end of the year, the Pentagon awarded contracts to begin work on a new radar installation in Palau.

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Will U.S. ‘Interests’ Become Sacrificed on Altar of New Indo-Pacific Strategy? By Matthew Ehret

Will the U.S. do any better with its Indo-Pacific strategy than its done with its Eurasian strategy? The question almost answers itself. From Matthew Ehret at strategic-culture.org:

The Anglo-American foreign policy hawks imagine that the world is yearning to be liberated from Beijing’s nefarious agenda to end poverty

As the trans-Atlantic world is pulled into the vortex of a McCarthyite nightmare with a renewed wave of anti-Russian and now anti-China hysterics, a wave of new “Asia Pacific” doctrines have emerged across captured states… I mean “member” states throughout NATO.

Starting with the February 2022 American ‘Indo-Pacific Strategy’, similar anti-China programs have popped up left and right with one principled target in mind: eliminate the threat of China through every tool available.

By early June 2022, the UK announced its own branding of the Asia Pivot remixed into the oddly named ‘Indo-Pacific Tilt’ which focuses less on the liberal eco-friendly language of the EU and devotes itself entirely to vastly increasing its military presence in China’s backyard.

After NATO’s June 2022 Madrid Summit officially designated China as ‘a systemic rival’, Canada’s foreign ministry announced its own Indo-Pacific Strategy in November 2022 followed by an absurd 26 page program published in January 10, 2023 outlining the details of Canada’s new role in the Pacific (which will be the subject of a subsequent report).

On January 25, 2023 NATO’s ironically named ‘Science for Peace and Security Program’ launched a new ‘cooperative initiative on the Indo-Pacific, followed by a January 30, 2023 Atlantic Council Indo-Pacific Security Initiative focused on dealing with “China’s growing threat to the international order”. The same day the Atlantic Council unveiled this new doctrine, an American intelligence spook named Markus Garlauskas was named the program’s new director.

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A tale of two worlds, by Alasdair Macleod

One world is based on debt and fiat currencies, the other world is moving towards production and gold. Which shall prevail? From Alasdair Macleod at goldmoney.com:

In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of destroying the dollar.

So far, Putin’s actions have been relatively passive. But already, both Russia and China have accumulated enough gold to implement gold standards. It is now overwhelmingly in their interests to do so.

From Sergey Glazyev’s recent article in a Russian business newspaper, it is clear that settlement of trade balances between members, dialog partners, and associate members of the Shanghai Cooperation Organisation (SCO) optionally will be in gold. Furthermore, the Russian economy would benefit enormously from a decline in borrowing rates from current levels of over 13% to a level more consistent with sound money.

To understand the consequences, in this article the comparison is made between the western alliance’s fiat currency and deficit spending regime and the Russian-Chinese axis’s planned industrial revolution for some 3.8 billion people in the SCO family. China has a remarkable savings rate, which will underscore the investment capital for a rapid increase in Asian industrialisation, without inflationary consequences.

With a new round of military action in Ukraine shortly to kick off, it will be in Putin’s interest to move from passivity to financial aggression. It will not take much for him to undermine the entire western fiat currency system — a danger barely recognised by a gung-ho NATO military complex.

Introduction

In the geopolitical tussle between the old and new hegemons, we see the best of strategies and the worst of strategies, where belief is pitted against credulity. It is the season of light and the season of darkness, the spring of hope and the winter of despair…

Recalling some of Charles Dickens’ famous opening lines from his Tale of Two Cities to describe the current state of global politics sums up the potential of a new industrial revolution throughout Asia and much of the rest of the under-developed world (the best of times), compared with the western alliance abetted by its military arm, NATO, which is determined to suppress the plans for the new hegemons at its own peoples’ expense (the worst of times). Ironically, the nations which will benefit most from the western alliance’s proxy war are those which align themselves with its enemies. 

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NBA Versus Freedom, by John Stossel

NBA basketball players can criticize any government they want as long as it’s not China’s. From John Stossel at townhall.com:

AP Photo/Mary Schwalm

Teenage basketball star Enes Kanter was shocked when his teammate criticized President Barack Obama on Facebook.

“Dude, what are you doing?” he exclaimed. He feared his teammate would be jailed.

Kanter is from Turkey, where, as Kanter explains in my new video, people who criticize the president do go to jail.

His teammates laughed at him. “They were explaining to me about freedom of speech, freedom of religion, expression, freedom of protest.”

That inspired him.

When Turkey’s president shut down news outlets, Kanter decided, “I’m going to say something about it.”

He tweeted, wrote op-eds, gave interviews.

Turkey’s authoritarian rulers retaliated. They jailed his father. “They wanted to set an example, this is what happens if you talk against the Turkish government.”

The NBA supported his protest. “(NBA commissioner) Adam Silver texted me twice and said, ‘Whatever you need, we are here for you. Keep doing what you’re doing.'”

But then he criticized China. Slightly. He wrote, “Free Tibet” on his basketball shoes.

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Russia’s intentions are clarifying, by Alasdair Macleod

The Russians have a not-so-secret weapon that would devastate the U.S.: back the ruble with gold. From Alasdair Macleod at goldmoney.com:

We have confirmation from the highest sources that Russia and the Shanghai Cooperation Organisation (SCO) are considering using gold for pan-Asian trade settlements, fully replacing dollars and euros.

In an article written for Vedomosti, a Moscow-based Russian newspaper published on 27 December, Sergey Glazyev, a prominent economic adviser to Vladimir Putin who is heading up the Eurasian Economic Union committee charged with devising a replacement for dollars in trade settlements sent a very clear signal to that effect. It appears he will drop earlier plans to design a new commodity-linked trade currency because it has been superseded.

Furthermore, increasing numbers of nations have joined or have applied to join the SCO as dialog members, including Saudi Arabia and other important Gulf Cooperation Organisation members. The economic benefits of discounted energy, China’s investment capital, and sound money are the ingredients for a new, Asia-wide industrial revolution, while the economies of the western alliance sink under rising prices, rising interest rates, collapsing financial markets, and collapsing currencies.

While it will mark the end of the road for the western alliance and its fiat currencies, Putin must be careful not to take the blame. Now that the alliance is racking up tanks and other equipment for the Ukrainians, they are actively promoting a new battle, with NATO getting almost directly involved. It is that action which will drive up commodity prices, undermine western financial markets, undermine government finances, and ultimately collapse their currencies. 

Putin is likely to use NATO’s impetuous action in defence of Ukraine as cover for securing Russia’s future as an Asian superstate, which will be the west’s undoing.

Introduction

We forget, perhaps, that from 1 March 1950 the Soviet rouble was on a gold standard at 4 roubles 45 kopecks for 1 gram of pure gold until 1961, when Khrushchev devalued it and refixed it to the dollar. Stalin had been a signatory to the Bretton Woods agreement but refused to join it and make the rouble subservient to the dollar as its intermediary for a gold standard.

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A Bit of Good News, by Paul Craig Roberts

It would indeed be good news if we can dance on the coffin of Davos. From Paul Craig Roberts at paulcraigroberts.org:

Ekaterina Blinova Reports “Globalization has died and Davos 2023 was its funeral.”  Read her report:

https://sputniknews.com/20230121/globalization-has-died-and-davos-2023-was-its-funeral-ceremony-scholars-sum-up-1106556837.html

The neoconservative attack on Russia and China has a silver lining.  It has killed Globalism.  Russia and China and the countries dependent on Russian energy and Chinese goods and financing have been cut off from the WEF’s effort to unify the world under US hegemony.  Globalism was never anything but a way for Washington to exploit the rest of the world.  As Ms. Blinova says, the World Economic Forum is an elite club that intended to dictate Washington’s rules to the rest of the world. Washington would rule under the guise of “globalism.”

Klaus Schwab, in his 80s will soon be gone and the WEF with him.  Bill Gates might try to keep the WEF going for his own sick agenda, but today the US is a considerably smaller force on the world scene than it was during the Reagan presidency.

Washington is such an inbred system that the consequence is stupidity.  People  capable of thinking outside of official narratives are simply not accepted.  It is no longer possible for leadership based in objective reality to  take hold in Washington.

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A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status, by Brandon Smith

More and more countries are signalling that they no longer want to trade real commodities, particularly oil, for pieces of paper or computer entries. From Brandon Smith at alt-market.com:

The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn’t the dollar system their “golden goose”?

The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?

Globalist white papers and essays specifically outline the need for a diminished role for the US currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new global currency system controlled by the IMF. I warned about this years go, and my position has always been that the derailment of the dollar would likely start with the end of its petro status.

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5G: An Open Door for America’s Demise by Declan Hayes

What does the U.S. do when the next world-beating technology comes from China? From Declan Hayes at strategic-culture.org:

At day’s end, gamers, streamers and forward looking companies and governments will choose Chinese technology over America’s technologically challenged bullies.

5G is fantastic for everyone who wants to video call, stream movies or play games online. Not only is it infinitely faster than what is currently out there but, according to this FAQ, it is entirely safe, just like all those Pfizer Covid shots people jacked up on. As 5G is also pivotal to the Internet of Things, which stands at the heart of the World Economic Forum’s plans for our future, it is all good.

There are, alas, several pertinent and inter-related problems with 5G. The first of these is that Chinese company Huawei is far and away the world leader in this field, with Finnish firm Nokia and Sweden’s Ericsson’s taking up the distant rear and with no other company, American or otherwise, in the race.

This is a problem as 5G’s technology is such that it allows the provider, Huawei, Nokia or Ericsson, pry into their customer’s business, should they so wish, and thereby give them a massive competitive advantage in that and other, related ways.

Because that is a situation up with which the CIA will not put, the U.S. true to form, has been intimidating all and sundry and warning them of the dangers China, their ultimate nemesis, presents. It was for this reason that Canada, one of the U.S.’ more despicable colonies, arrested Huawei CFO Meng Wangzhou and held her for four years, on the CIA’s orders, on trumped up charges before being forced to release her.

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“Chinese Aggression” Sure Looks An Awful Lot Like US Aggression, by Caitlin Johnstone

So much for Kevin McCarthy. He’s just as stupid as Nancy Pelosi, reprising her “poke China” trip to Taiwan. From Caitlin Johnstone at caitlinjohnstone.com:

Punchbowl News reports that House Speaker Kevin McCarthy is planning a trip to Taiwan, which will be yet another incendiary provocation against Beijing if it occurs. The previous House Speaker, Nancy Pelosi, sparked a significant escalation in hostilities with her visit last year, the consequences of which are still reverberating today.

Antiwar’s Dave DeCamp explains:

Pelosi’s visit to Taiwan was viewed in Beijing as a major provocation, and it sparked the largest-ever Chinese military drills around the island. The exercises included China firing missiles over Taiwan and simulating a blockade of the island, both unprecedented actions.

China has kept up the military pressure on Taiwan since Pelosi’s visit, and its warplanes regularly now cross the median line, an informal barrier that divides the two sides of the Taiwan Strait. Before Pelosi’s trip, China barely crossed the line. Now, it’s an almost-daily occurrence.

Beijing views the US House speaker visiting Taiwan as an affront to the one-China policy and the understanding the US and China reached in 1979, when Washington severed formal relations with Taipei.

US-led provocations and escalations against China are becoming a regular occurrence, both from the US itself and from its imperial assets like Australia and Taiwan. Yet according to the western political/media class, the urgent threat of our day is “Chinese aggression”.

After the House of Representatives voted to approve the new Select Committee on China — a Republican initiative designed to increase internal pressure in the US government to ramp up the new cold war — the committee’s chairman Mike Gallagher put out a statement saying that it is “time to push back against the Chinese Communist Party’s aggression in bipartisan fashion.”

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Understanding the Geopolitical Landscape in 2023… What It Means for Your Portfolio, by Chris MacIntosh

Buy companies that make ships. From Chris MacIntosh at internationalman.com:

Global Geopolitical Landscape

Howard Marks of Oaktree Capital put out a note to clients sometime ago, “I Beg to Differ” and the below paragraph in particular resonated with me.

First-level thinking is simplistic and superficial, and just about everyone can do it (a bad sign for anything involving an attempt at superiority). All the first-level thinker needs is an opinion about the future, as in “The outlook for the company is favorable, meaning the stock will go up.”

Second-level thinking is deep, complex, and convoluted. The second-level thinker takes a great many things into account:

  • What is the range of likely future outcomes?
  • What outcome do I think will occur?
  • What’s the probability I’m right?
  • What does the consensus think?
  • How does my expectation differ from the consensus?
  • How does the current price for the asset compare with the consensus view of the future, and with mine?
  • Is the consensus psychology that’s incorporated in the price too bullish or bearish?
  • What will happen to the asset price if the consensus turns out to be right, and what if I’m right?

The difference in workload between the first-level and second-level thinking is clearly massive, and the number of people capable of the latter is tiny compared to the number capable of the former.

First-level thinkers look for simple formulas and easy answers. Second-level thinkers know that success in investing is the antithesis of simple.

Here is a brief example of how to employ second-order thinking with Taiwan

It is worth considering a lesson from World War 2 because it’s vitally important, and — as far as I can tell — not only do most Americans not know it, but the current bunch of podium donuts in the US don’t appear to either.

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