No announcement yet.

Economic pressures

  • Filter
  • Time
  • Show
Clear All
new posts

  • OK, Neo-liberal economics is just a stepped-up scheme for robbing the working man of the fruits of his labor.
    It has been pushed all over the world. It severely damaged Russia.
    At this moment, Soros is vigorously pushing China to adopt Neo-Liberal economics.
    You must read the comments to actually understand what is happening.

    More reading

    If China's middle class continues to thrive and grow, what will it mean for the rest of the world?
    Last edited by Danny B; 09-06-2021, 02:30 PM.


    • Comment

      • Mikey, you like to investigate stuff. I have something that is potentially earthshaking.
        Trump issued a bunch of executive orders. There is one in particular that is very interesting.
        EO 13959 is about divestiture of assets that are owned or controlled by the Chinese government.
        Here is the order,

        So, what would be the effect?

        A Little Dose of Reality.

        In the future China will employ millions of American workers and dominate thousands of small communities all over the United States . Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to shatter that record this year.

        The Smithfield Foods acquisition is an example. Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with approximately 2,100 others.

        But in 2013, during the Obama/Biden Administration, a Chinese company bought it and its subsidiaries, for $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.

        Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend. They are only just starting to exercise their economic muscle.

        It is important to keep in mind that there is often not much of a difference between “the Chinese government” and “Chinese corporations”. In 2011, 43 percent of all profits in China were produced by companies where the Chinese government had a controlling interest in.

        Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world.

        But China is not just relying on acquisitions to expand its economic power.

        “Economic beachheads” are being established all over America. For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama. Many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.

        And guess where else Chinese companies are putting down roots? Detroit.

        Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States.

        China seems particularly interested in acquiring energy resources in the United States.

        For example, China is actually mining for coal in the mountains of Tennessee.

        Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.

        And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now, China is actually building a city larger than Manhattan just outside Minsk, the capital of Belarus.

        Are you starting to get the picture?

        China is on the rise. If you doubt this, just read the following:

        * When you total up all imports and exports, China is now the number one trading nation on the entire planet.
        * Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
        * China has more foreign currency reserves than anyone else on the planet.
        * China now has the largest new car market in the entire world.
        * China now produces more than twice as many automobiles as the United States does.
        * After being bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with Chinese companies.
        * China is the number one gold producer in the world.
        * The uniforms for the U.S. Olympic team were made in China.
        * 85% of all artificial Christmas trees the world over are made in China.
        * The new World Trade Center tower in New York is going to include glass imported from China .
        * China now consumes more energy than the United States does.
        * China is now in aggregate the leading manufacturer of goods in the entire world.
        * China uses more cement than the rest of the world combined.
        * China is now the number one producer of wind and solar power on the entire globe.
        * China produces 3 times as much coal and 11 times as much steel as the United States does.
        * China produces more than 90 percent of the global supply of rare earth elements.
        * China is now the number one supplier of components that are critical to the operation of any national defense system.
        * In published scientific research articles China is expected to become the number one in the world very shortly.

        Citing the nonpartisan economic think-tank Paulson Institute, an American Security Institute report underscores that "Chinese firms and investors own a controlling majority in nearly 2,400 U.S. companies." In addition to owning Smithfield and its subsidiaries, General Electric Appliance Division, IBM, General Motors, Spotify, Snapchat, Hilton Hotels, AMC Theaters, Tik Tok, and many others -- purchases that predominately occurred during the Obama/Biden Administration -- they also own The Chicago Stock Exchange, Legend Entertainment Group (movie studios... maker of such films as Jurassic Park), The Waldorf Astoria, Strategic Hotels and Resorts, Riot Games, Motorola, Ingram Micro (distributor of iPhones), Sheraton Universal and Marriott Downtown in Los Angeles, Terex Corporation (earth moving equipment that used to be owned by GM), Teledyne Continental Engines (aircraft powerplants), Morgan Stanley, VISA, Blackstone, Ford, Chesapeake Energy, and American social news aggregation site Reddit.

        Most of the money borrowed by the U.S. Government comes from China and we pay it back with interest. All of the spending Biden wants to do for his "infrastructure plan" and is doing will be done WITH MONEY BORROWED FROM CHINA. In 2015, at the tail end of the Obama/Biden Administration, China had an estimated $4 trillion of foreign reserves stashed away in various foreign investments. The United States was the largest recipient of Chinese money back then.

        So the next time you wonder why China has such influence, even in the US, you will already have an idea why.

        In recent years, the Chinese have regarded America as one big yard sale, snatching up distressed companies and anything else that gives the world’s second-largest economy a leg up on U.S. technology at bargain-basement prices. That giant shopping spree is financed by a currency that -- unlike the dollar -- is controlled by the government.

        President Donald Trump was well aware of this. He labeled China a “currency manipulator,” slapped its products with huge tariffs and promised to bring back jobs from overseas.

        However, by owning U.S. businesses, the Chinese control the products these companies produce and the people they employ. Dislodging China’s grip on American business will require a lot more than tough talk.


        • At the same time;

          China Firms Cashing Out of Overseas Bets at Near-Record Pace

          (Bloomberg) -- Just a few years ago, Chinese firms spent lavishly overseas on everything from luxury hotels to soccer clubs. Now they are heading for the exit amid rising demand for anything that throws off cash.
          Companies in China announced divestment plans of their overseas assets worth $10.5 billion so far this year, the second-highest total since at least 1998, according to data compiled by Bloomberg. At the current pace, 2021 could surpass last year’s $15 billion sum.
          “These days Chinese companies are proactively looking at their asset portfolios, rather than simply buying,” Bagrin Angelov, head of China cross-border mergers and acquisitions at China International Capital Corp., said in an interview. “When there is a good offer, they are open to at least evaluate it.”

          Some of the areas seeing renewed interest include waste treatment businesses, with state-backed Beijing Capital Group Co. and Beijing Enterprises Holdings Ltd. are considering sales of their overseas holdings. China Tianying Inc. in June agreed to sell its Spanish waste management company Urbaser SA for $1.8 billion.
          Unlike once-acquisitive conglomerates such as China Evergrande Group and HNA Group Co., which are now busy shedding assets to reduce debt, the current crop of Chinese sellers mostly aren’t in financial distress. Instead, they are disposing of holdings -- particularly those with strong cash flows -- whose valuations have surged as investors sift through the wreckage left behind by the pandemic, searching for profitable assets amid low interest rates.
          Read More: M&A Boom Shows No Sign of Stopping After Epic First Half
          Infrastructure and utilities are among the types of assets that Chinese firms are considering divesting. Beijing Capital is seeking $1 billion from a sale of its New Zealand business that it bought for about $667 million in 2014, Bloomberg News reported earlier.
          China Three Gorges Corp. is nearing a deal to sell a 25% stake in its overseas renewable energy asset portfolio that could be valued at as much as $2 billion, people familiar with the matter have said.
          “It’s good timing for these companies to monetize,” Miranda Zhao, head of mergers and acquisitions for Asia Pacific at Natixis SA, said in an interview. “These assets provide healthy yields under the current low interest-rate environment and are attractive to other strategic investors in the region or infrastructure funds.”
          Foreign Scrutiny
          Chinese firms raising cash from such sales would find it difficult to plow that money back into other overseas assets, given the increased scrutiny from foreign governments since the start of the coronavirus pandemic.
          Last year, Australia, India and the European Union all tightened their rules for screening takeover proposals by foreign firms, moves widely seen as targeting China. As a result, overseas acquisition volumes by the country’s firms fell.
          China’s Creat Group Corp. is considering selling its stake in German blood plasma supplier Biotest AG, which it bought in 2018. The pharmaceutical group now aims to reverse the deal -- intended at the time to be the cornerstone of its overseas expansion -- after the Committee on Foreign Investment in the U.S. hampered its ability to tap the global market.
          While divestments help some Chinese firms recoup some of the money and channel it to other areas or regions of focus, others may want to hold on as acquisitions become more difficult in the current geopolitical climate. The U.K. government opened a probe in July into the takeover of the country’s biggest chip plant by Chinese-owned Nexperia NV.
          “It’s one but not the only factor to consider,” said Natixis’ Zhao. “If the Chinese owners think it’s important for them to have a presence in certain regions or the target has certain technologies and synergies to be explored, they’d keep it.”
          Other Chinese companies have been burned by bets outside their core businesses. Suning Holdings Group Co., which started as an appliance retailer, tried this year to sell out of indebted Italian soccer team FC Internazionale Milano SpA. The club agreed to a bailout deal with Oaktree Capital Group in May that could result in Suning losing control.
          Steelmaker Jiangsu Shagang Group Co. is eyeing a sale of London-based data center operator Global Switch Holdings Ltd. that could value it at 8 billion pounds ($11 billion), Bloomberg News has reported. In June, property tycoon Lu Zhiqiang’s China Oceanwide Holdings Group Co. agreed to sell IDG, the U.S. publisher behind Computerworld magazine, to Blackstone Inc.


          • Goldman Cuts Its US GDP Forecast For The Third Time In The Past Month

            World's Dirtiest Cities List Raises Issue: Why Don't Politicians Call Out China?
            ...the top 25 are responsible for 52% of the planet’s urban greenhouse gas emissions. Twenty-three of those are in China...

            Report: China's 2019 greenhouse gas emissions exceeded all other industrialized nations combined

            Moscow wants EU to justify carbon tax that could cost Russia billions by 2030
            The One World GOV needs a LOT of money to cement control.
            Over 200 medical journals warn climate crisis is the "greatest threat to public health"
            How did 200 journals all come up with the same idea at the same time?
            Investigating The Mass Hysteria Over 1 Degree In Climate Change Since 1850

            Economic War Comes Home: Portland Urges Imposition Of Sanctions Against Texas
            The Portland cops were mad as hell that they were ordered to stand down and let antifa trash their city.
            Next, they got defunded.
            Antifa & proud boys had a little get together in Portland. The cops never showed up to protect antifa.
            Guess what the outcome was?

            Millennials & Zoomers Inherit A Boomer Mess, What Will They Do With Their Turn?
            It was the neocons and war hawks that demolished America.

            Traffic Deaths Surged To 38,680 In 2020 Despite Americans Driving 13% Less Miles
            I've personally noticed that LOTS more people are running red lights and other dangerous stuff.

            The Great Computer Chip Shortage Of 2021 Is Just Heating Up
            Buy an abacus.

            9/07 Greyerz – the world is now entering a terrifying endgame – King World News

            9/06 Making sense of Xi’s common prosperity doctrine for investors – Bloomberg
            China wants to create an economic model that departs from the rapacious capitalism of the West.

            9/07 Lynette Zang: most people don’t know “the reset” has arrived – Market Sanity
            Zang is very good.

            9/07 Four unreported signs paper money is dying – Matterhorn
            9/05 The dollar days are ending! Buy gold and silver now (video) – Alasdair Macleod
            Debt money is dying, NOT paper money.


            • The London bankers want to jump in Bed with China
              China will keep them at arms length to keep from being raped financially.

              Mexico Is Refinancing Pemex Debt After Getting IMF Reserves

              FED GOV sent boatloads on money to American frackers.
              American frackers lost $ 280 billion.
              If they had NOT sent that money, the frackers would have gone out of business OR gasoline would have gone to 10 bucks a gallon.
              Energy is the master resource.
              A huge rise in the price of energy would have caused a HUGE fall in the consumption of everything else

              Democrats scramble to avoid 'train wreck' September chock-full of deadlines

              A third of Gen Z says climate change is a top concern. A new report says the climate crisis is pushing young adults to pursue more sustainability-focused career paths.

              The socialists need a LOT of money to keep the free ride going for the non-producers.
              They see climate change (rebranded from global warming) as the avenue to carbon taxes.

              If they want to take up a cause that affects them the most, they need to look closer to hone.

              Last edited by Danny B; 09-07-2021, 03:28 PM. Reason: mo ionfo


              • Gerald Celente – Global Elite Move To Enslave Humanity As Greece’s Surrender Shocks Greek People And The World

                Musk vid

                Vid Gerald Celente

                Cracks in the system


                Ron Paul Warns Pandemic Of Authoritarianism Is The Real Threat
                This outbreak of judicial tyranny is a symptom of the authoritarianism pandemic that is the real threat to America...

                Democrats Face SNAFU In September As Debt Ceiling, Spending Package Woes Come To A Head
                "They have the slimmest margin possible and no room for error."


                • The golden dragon and the golden goose, these are old time lines. Deep state china is having sex with all deep state geese. There will be no real war and no golden goose eggs. RV sorry even the children know the whole story from the old timeline series books, "all that glitters is not gold"

                  See Video, GOLDEN DRAGONS FOR DUMMIES

                  Last edited by BroMikey; 09-08-2021, 05:31 AM.


                  • Trump is God news for 24hrs

                    Last edited by BroMikey; 09-09-2021, 05:35 PM.


                    • Sec Treasury Yellen Warns US May Be Broke And Not Be Able to Service Its Debt To The Zionist Federal Reserve As Early As October
                      Yeah, yeah, the debt ceiling comes again,,, just like the Great Pumpkin.

                      Here is a must read article about the huge failures in the present "narrative"

                      I doubt that the Davos crowd will admit defeat.
                      At the same time that the American Medical Association admits that the vaccine is useless,,,, if not dangerous, this who push the jab & passport Have doubled down on the pressures that they bring against everybody who does not fall in line.
                      We all know that the plandemic closely followed the rehearsal for a pandemic.
                      We all know that the Cyber Polygon exercise was a rehearsal for a global cyber attack on the finance system.
                      I SERIOUSLY doubt that the Davos crowd is going to close shop and, go away.
                      I expect the Davos crowd to go forward with the cyber attack on the financial system.

                      Here are the 2 companies that own the world.


                      https://www.bit fix the url

                      The Six Largest Wall Street Banks Issue Market Red Alerts

                      The battle for control over the future of money – Claudio Grass
                      The parasites must not only force us to continue to work, they must also continue to steal from the actual producers.

                      9/08 85% of high yield bonds have a negative real yield – Zero Hedge
                      Notice how these banks are called "high yield"
                      These are JUNK BONDS that are insanely risky.
                      Just the same, the FEDS must support everything.

                      9/08 Real yields on European junk bonds go negative for first time – GATA
                      9/08 The corporate junk bond bubble in two pictures – Mish
                      9/08 Global bond markets come under pressure amid deluge of supply – Yahoo
                      This deluge of supply is from corporations that are completely broke. They know that; if they offer bonds-for-cash, the FEDs must buy them to avoid any start of collapse & contagion.

                      9/08 Kiss goodbye to low yields & say hello to debt deflation – Deflation
                      The CBs are desperately trying to stop general deflation that is a natural reaction to wage deflation.
                      How can wages crash without affecting prices?
                      With debt deflation, earnings go negative in the markets.
                      Investors abandon markets and, go to safety.
                      This has traditionally been gold.
                      9/08 ‘The Big Short’ Michael Burry buys farmland hand over fist – Seeking Alpha
                      Last edited by Danny B; 09-09-2021, 10:50 PM.


                      • EVERYBODY expects the charade over the debt ceiling to be a rerun of former debates.

                        How Will The Debt Limit Drama Play Out: Here Are The Two Scenarios
                        The longer Congress waits the more challenging the debt limit process becomes, and could be thrown for a loop if one or more holdouts block the process in the last minute, unleashing chaos in the market if only to provoke politicians into action.

                        Rabobank: What Is Coming Is A Bigger Economic, Market, And Geopolitical Earthquake Than QE Tapering

                        Leon Cooperman: "When The Market Finally Goes Down, It Will Move So Fast Your Head Will Spin"

                        Biden Wants To Fix A $7 Trillion Tax Evasion Problem With A Brain Trust

                        9/09 Debt markets’ eerie calm echo pre-crisis 2007 – Bloomberg

                        9/09 Beige Book reveals not just stagflation but record shortages of everything – ZH

                        EDIT Mitch McConnell says 'America must never default' as he doubles down on the GOP refusing to help Democrats raise debt ceiling

                        is that a hint?
                        Last edited by Danny B; 09-10-2021, 03:05 AM.


                        • US Producer Prices Soar At Record Pace In August, Up 9 Months In A Row

                          ...this won't help Powell's case that this is all 'transitory'.

                          EU To Propose Exempting "Green" Bonds From Deficit And Debt Limit Calculations
                          Brace for a surge in "green" European debt.
                          We don't need no stinkin debt limit.

                          German Finance Ministry Raided Over Failing To Report & Investigate Money Laundering
                          Finance Intelligence Unit accused of withholding tips from banks on money laundering...
                          Imagine that, the finance ministry raided.

                          20 Years Of Government-Sponsored Tyranny: The Rise Of The Security-Industrial Complex From 9/11 To COVID-19
                          “I tell you, freedom and human rights in America are doomed. The U.S. government will lead the American people in - and the West in general - into an unbearable hell and a choking life.”
                          - Osama bin Laden (October 2001), as reported by CNN


                          • Buchanan: 20 Years After 9/11 - Are We Better Off?
                            Looking back at the half dozen Mideast wars in which we have engaged since that first 9/11, where are we better off now than we were then?
                            If you are a weapons producer, you are most definitely better off.

                            Stocks Suffer Longest Losing Streak Since Feb As Breadth Plummets
                            The FED buys every dip until the State owns all assets.

                            Every 0.1% Increase In The Discount Rate Equates To a 4% Decline In Stocks
                            So, do you think the FED will raise interest rates?

                            China Sees Opportunity As Venezuela's Oil Industry Hits Rock Bottom
                            Venezuela’s near-collapse and strict U.S. sanctions are creating an opportunity for Russia, Iran and China to strengthen their presence in Latin America...
                            Venezuela has more oil than Saudi Arabia. It needs foreigners to run the oil business.

                            Why One Bank Is Warning Its Clients Of An Imminent "Hard Correction"

                            Stocks, Bonds, Dollar, & Cryptos Are All Tumbling
                            "sell all the things!"
                            Jerome Powell will have to "buy all the things"

                            "We Can't Afford To Do Everything" In $3.5 Trillion Budget: Dem Congresswoman Admits
                            As we begin the multi-day markup of this historic legislation, I don’t know how much we’re spending, how much we’re raising, how we’re spending some of the money, how we’re raising any of the money.”
                            Print baby, print

                            9/10 Central bank visions of absolute control – Economic Prism

                            9/10 The banks are in control – Sprott Money

                            Excellent article with charts

                            Creeping fascism


                            • Comment

                              • $40 million men woman and children going out into the streets.