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The Relationship Between The United States And China Is Officially Going Down The Tubes

Abstract Geometric World - Public DomainWhat happens when the two largest economies on the planet start fighting a trade war with one another?  Well, we are about to find out.  As you will see below, the U.S. has gone “nuclear” on China in a trade dispute over steel, and the Chinese response is likely to be at least as strong.  Meanwhile, events in the South China Sea have brought tensions between the Chinese government and the Obama administration to a boiling point.  The Obama administration strongly insists that China does not have a legal right to those islands, and in China there is now talk that it may ultimately be necessary to confront the United States militarily in order keep control of them.  Most Americans may not realize this, but the relationship between the United States and China is officially going down the tubes, and this is likely to have very significant consequences during the years to come. (Read More...)

Chinese Exports Plunge 11.2 Percent As Economic Activity Continues To Collapse All Over The Planet

Cargo Ship - Public DomainIf the global economy is in fine shape, then why does all of the hard data tell us that global trade is absolutely collapsing?  The Baltic Dry Index has fallen below 300 for the first time ever, and export numbers are way down for almost every major exporting nation on the entire planet.  As you will see below, this includes China.  The Chinese account for more global trade than anyone else, and so the fact that their imports and their exports are both collapsing precipitously is a huge red flag.  When less stuff is being bought and sold and shipped around the world, that tells us that the “real economy” is contracting.  Tremendous efforts are being made to try to prop up financial markets all over the globe right now, but in the end those efforts are going to prove to be rather futile.  The global economy is clearly plunging into recession, and at this point it is becoming exceedingly difficult for even the most optimistic economic analysts to deny this reality. (Read More...)

18 Numbers That Scream That A Crippling Global Recession Has Arrived

Scream - Public DomainThe stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here.  This is so reminiscent of what happened back in 2008.  Back then, all of the fundamentals were screaming “recession” by the middle of that year, but the equity markets didn’t respond until later.  It appears that a similar pattern is playing out right now.  The trade numbers, the manufacturing numbers, the inventory numbers and even the GDP numbers are all saying that a very significant economic slowdown is happening, but stock traders haven’t gotten the memo yet.  In fact, stocks had an absolutely great month in October.  Of course just like in 2008, stocks will eventually catch up with reality.  It is just a matter of time.  The following are 18 numbers that scream that a crippling global recession has arrived… (Read More...)

The Trans-Pacific Partnership: Permanently Locking In The Obama Agenda For 40 Percent Of The Global Economy

Obama LaughingWe have just witnessed one of the most significant steps toward a one world economic system that we have ever seen.  Negotiations for the Trans-Pacific Partnership have been completed, and if approved it will create the largest trading bloc on the planet.  But this is not just a trade agreement.  In this treaty, Barack Obama has thrown in all sorts of things that he never would have been able to get through Congress otherwise.  And once this treaty is approved, it will be exceedingly difficult to ever make changes to it.  So essentially what is happening is that the Obama agenda is being permanently locked in for 40 percent of the global economy. (Read More...)

40 Ways That China Is Beating America

40 Ways That China Is Beating AmericaChina is wiping the floor with the United States on the global economic stage, and most Americans are so clueless that they have absolutely no idea what is happening.  The number one global economic superpower is in an advanced state of decline, and the number two global economic superpower is becoming stronger with each passing day.  Unless something truly dramatic happens, it is only a matter of time before China overtakes America and become the dominant economic force on the planet.  In fact, China is already exercising economic superiority over the United States in a whole host of ways.  China produces more goods than we do, China does more total trade in goods with the rest of the world than we do, China produces more cars than we do, China produces more gold than we do, China consumes more energy than we do, China produces more coal than we do and China produces more steel than we do.  Every single year, we buy far more from them than they buy from us, and this has made them exceedingly wealthy.  Our politicians regularly make trips over to China to beg them to lend us back some of the money that they have taken from us.  Today, we owe China more than a trillion dollars and the Chinese are sitting on the biggest pile of foreign currency reserves that the world has ever seen.  All of this wealth has fundamentally transformed the nation of China over the past couple of decades.  Just check out the startling photographs of China from space in this article that show how China dramatically changed between 1992 and 2010.  As China continues to become stronger and as America continues to become weaker, will our children some day wake up in a world where the Chinese are telling them what to do? (Read More...)

China Keeps Slapping America In The Face And America Just Keeps Taking It

If you were playing a game against a dishonest opponent and you allowed that opponent to lie, cheat and steal as much as they wanted to, who do you think would win?  Today, China is absolutely crushing the United States on the global economic stage, but they are hardly playing fair.  They shower their own firms with huge government subsidies, they brazenly steal technology, they publicly violate intellectual property rights, they manipulate currency rates so that foreign firms cannot compete with Chinese prices and they slap ridiculously high tariffs on many classes of foreign goods.  In short, they basically do everything that they can get away with to give themselves a trade advantage.  This predatory behavior has caused an enormous transfer of wealth from the United States to China.  It isn’t as if it is just some sort of an “accident” that we now owe China about a trillion dollars.  The truth is that China just keeps slapping America in the face and America just keeps taking it.  We are like an abused spouse that just keeps coming back for more.  It is disgraceful and it needs to stop. (Read More...)

Globalist Shill Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More Of Our Jobs Overseas As Part Of The New One World Economy

The other day, Barack Obama summoned a group of business and labor leaders to the White House and “challenged” them to come up with some great ideas for creating more jobs inside the United States.  Meanwhile, Barack Obama is pushing hard for Congress to approve the new free trade agreement with South Korea.  This is yet another bad “free trade agreement” in a long string of bad “free trade agreements” that are absolutely gutting the U.S. economy.  The truth is that the United States has become a nation which is constantly consuming more while at the same time producing less and less.  The gap between the wealth that this nation produces and the wealth that this nation consumes is becoming absolutely astronomical.  But instead of fighting for changes that would keep American jobs in America, Barack Obama has allied himself with the multinational corporations that are making huge profits by outsourcing and offshoring our middle class jobs as part of the new one world economy.  Our politicians can give speeches until they are blue in the face about how “wonderful” globalism is, but the truth is that it is taking millions of our jobs away and it is ripping the U.S. middle class to shreds. (Read More...)

What Is Globalization?

What is globalization?  Well, if you ask 100 different Americans you will probably get 100 different answers.  Many people view globalization as harmless or even as a good thing.  Other Americans believe that the United States will never be integrated into a global economic and political system.  Still others view it as a future threat that has not arrived yet.  Those that consider it to be a future threat are concerned that at some point American sovereignty will end and at that point economic and political power will be handed over to a “world government”.  Well, the truth is that all of those points of view are missing the point.  Globalization has been happening for decades and it is already very, very far advanced.  The U.S. government has already surrendered massive amounts of political and economic power to global organizations such as the UN, the WTO, the IMF and the World Bank.  In particular, our economy has been almost entirely merged into the emerging one world economy.  Just because we still have a government in Washington D.C. and just because we are still using U.S. dollars does not mean that we still possess our economic independence.  The truth is that global bureaucrats have a stunning amount of control over our economy right now, and even as you read this most of the consumer products sold in our stores are made on the other side of the world. (Read More...)

Trade With China?: 25 Facts That Prove That China Is Kicking Our Rear Ends

Do you believe that trade with China is a good thing?  Well, you might not be so sure after you read the 25 facts listed below.  The truth is that China is kicking our rear ends all over the planet.  When it comes to world trade, China is absolutely dominating the United States.  Have you wondered why the U.S. economy cannot produce nearly enough jobs for everyone anymore?  Have you wondered why so many thousands of factories have been closing down?  Have you wondered why it seems like America is getting poorer?  Well, the answers are below.  Of course both major political parties continue to insist that “globalism” is a good thing and that what we are experiencing now is just a period of “adjustment” as we are merged into the new global economic order.  Our corrupt politicians will continue to sell you the same tired lies over and over and over as thousands more U.S. factories and millions more U.S. jobs continue to be shipped overseas.  So will you keep buying the lies of our corrupt politicians or will you believe the facts that are right in front of your face? (Read More...)