If you believe that the United States is the “sole superpower” in the world, then you really need to read the rest of this article. Most Americans have very little idea what is actually going on in the rest of the world and how the global balance of power is shifting. For example, can you name the country that is the number one oil producer in the world, the number one oil exporter in the world, the number one exporter of natural gas in the world and that also has the second most powerful military in the entire world? In case you need a hint, it is not Saudi Arabia, it is not China and it is not the United States. The correct answer is Russia. The Russian Bear is back in a big way. Did you know that Russia is rapidly becoming one of the top suppliers of oil to the United States? Russia has vast natural resources, a national debt that is very low (ratio of publicly held debt to GDP is less than 10%) and an economy that has boomed over the past decade. Russia is busy flexing its muscles in many different ways. For example, many are pointing out that the “Eurasian economic union” that Russia is putting together is a significant move in the direction of a revival of the Soviet Union. Russia is also rapidly modernizing its military and developing very powerful new weapons systems. Most Americans believe that the Cold War is over and that Russia is a toothless bear that no longer represents a threat. It is difficult to find words to describe how wrong that assessment of the situation is. (Read More...)
China
New World Trade Center Tower To Be Made With Glass From China And Steel From Germany
Did you know that the new World Trade Center tower is being constructed with glass from China and steel from Germany? 1 World Trade Center, also known as “The Freedom Tower”, is not just another skyscraper. It is essentially a national monument. But that doesn’t mean that we are above awarding construction contracts to the lowest bidder. The new World Trade Center tower will contain 250 tons of steel from Germany and the lower floors will be surrounded with blast-resistant glass from China. This is yet another example of how the U.S. economy is being hollowed out. Once upon a time, the United States produced more steel and glass than anyone else in the world. But now we are being deindustrialized at a blinding pace. We have lost tens of thousands of factories and millions of jobs over the past decade. We are going to have a trade imbalance of about a half a trillion dollars this year. Meanwhile, our federal, state and local governments are going into massive amounts of debt in order to keep funding government activities at a level that our hollowed out economy simply cannot support any longer. (Read More...)
America Is Rotting While China Is Rising
The American people better wake up while there is still time. America is literally rotting right in front of our eyes. Once upon a time, the greatest manufacturing cities in the world were in the United States. One of the big reasons why the Allies won World War II was because U.S. factories simply pumped out far more stuff than anyone else did. Our forefathers built this nation into an industrial powerhouse, but now our formerly great manufacturing cities are rusting, rotting and falling to pieces as nations such as China wipe the floor with us on the global economic stage. It is absolutely depressing to see what is happening to many of our most famous cities. For example, would you like to buy a house for less than $10,000? Just move to Baltimore. Of all the homes that have been sold in the city of Baltimore so far this year, one out of every ten has sold for less than $10,000. In fact, one home sold for just $10. (Read More...)
China Wants To Construct A 50 Square Mile Self-Sustaining City South Of Boise, Idaho
Thanks to the trillions of dollars that the Chinese have made flooding our shores with cheap products, China is now in a position of tremendous economic power. So what is China going to do with all of that money? One thing that they have decided to do is to buy up pieces of the United States and set up “special economic zones” inside our country from which they can continue to extend their economic domination. One of these “special economic zones” would be just south of Boise, Idaho and the Idaho government is eager to give it to them. China National Machinery Industry Corporation (Sinomach for short) plans to construct a “technology zone” south of Boise Airport which would ultimately be up to 50 square miles in size. The Chinese Communist Party is the majority owner of Sinomach, so the 10,000 to 30,000 acre “self-sustaining city” that is being planned would essentially belong to the Chinese government. The planned “self-sustaining city” in Idaho would include manufacturing facilities, warehouses, retail centers and large numbers of homes for Chinese workers. Basically it would be a slice of communist China dropped right into the middle of the United States. (Read More...)
40 Signs The Chinese Economy Is Beating The Living Daylights Out Of The U.S. Economy
It is time to face the truth. The Chinese economy is simply beating the living daylights out of the U.S. economy. Whether you want to call it a rout, a slaughter or a thrashing, the reality is that the Chinese are absolutely embarrassing America on the global economic stage. At this point, the Chinese are playing economic chess while the Americans are playing economic checkers. China is poised to blow past the United States and become the largest economy in the world. Not only that, some economists are projecting that the Chinese economy could be three times larger than the U.S. economy by mid-century. The age of U.S. economic dominance is ending, and most Americans still don’t even understand what is happening. (Read More...)
Is China Hoarding Gold In Anticipation Of A Global Financial Implosion? 10 Facts About Gold Fever In China That May Surprise You
China officially has gold fever. Chinese demand for gold in 2011 is being called “explosive” and “voracious”. China imported five times as much gold in 2010 as it did in 2009, and this year gold sales in China are projected to easily set another new all-time record. China produces more gold than any other nation on the planet and last year the Chinese consumed more than twice as much gold as Americans did. Yes, the Chinese are officially in love with gold. But why is that? Is it because they are concerned about inflation? Is it because the Chinese are losing faith in paper currencies? Are the Chinese looking to diversify? Has gold become a “trendy” status symbol in China? Or is something else going on here? (Read More...)
Worst Freeze In 60 Years Wipes Out Entire Crops Across The Southwestern U.S. And Northern Mexico
Get ready to pay a lot more for produce at the supermarket. In early February the worst freeze in 60 years wiped out entire crops all across the southwestern U.S. and northern Mexico. Already, it has been reported that some U.S. supermarkets have doubled or even tripled prices for certain produce items. Yes, you read that correctly. The price of certain vegetables is actually doubling or even tripling in many U.S. supermarkets. The really bizarre weather that we have been seeing all over the globe this winter is really playing havoc with food prices. The global price of food hit an all-time record during the month of January, and most observers expect food prices to continue to soar. Even before this recent horrible freeze in the southwestern U.S. and northern Mexico, global food prices were pushed higher by unprecedented flooding in Australia and Brazil, and key agricultural areas of China are now experiencing their worst drought in 200 years. Things are getting really crazy out there. Produce prices in the U.S. are eventually expected to return back to normal levels, but this just shows how dramatically food prices can change when a major disaster happens. (Read More...)
China #1, United States #2? 25 Facts That Prove The Transition Is Really Happening
On a recent episode of The Office, Michael Scott spent much of the show bemoaning the fact that China could soon become the number one economic superpower. Of course by the end of the episode everyone had concluded that the United States would continue to be number one indefinitely, but in the real world things are not so simple. Sadly, the cold, hard facts reveal that China is on the rise and the United States is experiencing a dramatic economic decline. The world is changing and China is projected to become the largest economy in the world at some point during the next decade. Americans have been taught from birth that “the U.S. is number one”, but the transition is really happening. China is passing the United States even in quite a few high tech industries and in many areas of scientific research. The numbers that you are going to read below are absolutely staggering. It is getting really hard to deny that the Chinese are wiping the floor with us economically. In fact, they are beating us so badly that it is hard to put into words. (Read More...)