China seems to be regurgitating the same narrative dystopia as US liberal media outlets. Claiming that all China’s woes are the result of the US and specifically President Trump, China is facing off against Indonesia, The Philippines, and India as it pushes for greater and greater territorial sovereignty. Of course, it could be that recognizing that the agenda for colonizing the US may fail and their need for land and fresh water supplies grows infinitely more paramount for survival – could be provocation and thus the fault of Trump as he fights for America!
Despite the obvious corruption and massive deception of infiltration, theft, and communist agenda within the US, Russia continues to support the capital a China alliance might offer. Short sighted at best, Russia would seem to be favoring ignorance while putting their country at risk for a return to Soviet failure and poverty.
Still courting the EU, China theft of intellectual property still not addressed and leaves a wall of distrust that is not likely to be breached in the immediate timeline. But the EU, Germany in particular, was quick to turn to stone when President Trump called for equality in trade tariffs, so finding a common ground amidst a China that has proven to be devastating to the American economy could be the EU’s final disastrous Fall and Fail.
Trade between the EU and China has now resulted in a 185 billion Euro ($217.5 billion) deficit and rises each year as imports/exports reflect a 10% imbalance. Given this pattern has continued for two decades, Europe faces a declining economy and a lack of leadership worthy of making the necessary corrections.
According to The Peterson Institute there are three main ways in which the US deficit could be reduced: 1. Tax imports, 2. Devalue the dollar, and 3. Encourage greater savings and less consumption by citizens.
While many ‘non-partisan organizations’ claim that the trade deficit is nothing too concerning given it will automatically correct itself, the reality is much more detrimental. The deficit has NOT corrected in over 40 years of sustained and growing debt. And China’s world dominance has grown significantly to the detriment of US household income while aggressively pushing consumption.
What triggered unsustainable American consumption?
Access to markets and resources is in direct conflict with control of resources and markets. Advertising, media, and pundits slay the American people daily with a brutal allay of goods that we must have, products we must have, and events that create new demand for ‘gifts’ that we must have. Retailers typically earn 75% of their annual revenue during holiday gift consumption – particularly Christmas. But each year a new event is created to encourage even more consumption practices.
Reversing this trend means making goods more expensive. Unattainable. But that could expand the gap between the 1%ers and divide the people further.
In 2009, Peter Schiff stated that the US deficit in China could only be reversed by diluting the US dollar which would increase inflation. Leaning toward gold as the means, today Schiff is capitalizing on just that statement despite it being 11 years ago…
While gold has gone up about 50% during the last 11 years, it hit a peak in 1980 at roughly $2200 per ounce, and tanked to a low of $380 in 2000. The lift of gold again in 2001 directly corresponds to the rising China Trade Deficit. At the same time, China’s GDP in 1980 was $.3 trillion. Today their GDP has catapulted to $14.2 trillion. Coincidence? Hardly.
Real GDP growth for China hit a peak of 15.2% in 1984 and then fell dramatically 1989 and 1990 before rising double digits again most years. By comparison, the US has marked growth rates of 2% and 3% which are considered good markers…
In 1992 the US signed a bilateral trade agreement with China that was hinged on human rights. In 1993, Clinton signed an Executive Order that altered the way trade could be executed. Without Clinton’s EO trade tariffs could be imposed upwards of 40% if China did not live up to human rights conventions. Clinton removed this condition by bypassing Congressional review and reverting this power exclusively to the Secretary of State. Warren Christopher, Madeleine Albright, Collin Powell, Condoleezza Rice, Hillary Clinton and John Kerry were successive Secretary’s tasked with auditing China’s trade stance.
Jiang Zemin was the President of China during a relatively fast-tracked transition in 1993. Zemin and Clinton considered themselves allies despite the Marxist doctrine and the affinity upheld for Mao. And thus began the decline and Fall of the US. By 2000, Clinton solidified the fall of the US by signing a normalized trade agreement with China which allowed China permanent status as a normal trade ally and gave them access to engage/buy WHO just in time for Bill Gates to move in.
It was around the mid 1990’s that Bill Gates and Warren Buffett became infatuated with all things China having made numerous trips and treks through the country. By 2000, their influence was well entrenched as they promised vast wealth, power, and colonization of America.
Of course, as with all elites, money was never the sole motive, power and control also served their aspirations. And China handed them the baton. Xi Jinping solidified that power conquest for the Rothschild Agenda and the rest is “History”.