The shifts in international power continue as world trade continues to flounder on the rocks of the new ZIRP system. China is one of the very few nations capable of unilaterally changing the course of world trade. The US could do this but this means truly embracing protectionism as our new ideology.
Posts Tagged as ‘Afghanistan’
November 2, 2009
Qian, Father Of China’s Rocket Programs, Died
The ‘father’ of China’s rocket programs died this week. My family knew his family very well, very well, starting in 1939 to today. He was a victim of the McCarthy Hearings and his arrest scared my dad a great deal. Also, we look into a windfarm being built in Texas by the Chinese. And China [...]
October 15, 2009
US Dollar No Longer Main FOREX Currency
A meteorite came crashing through the stratosphere on Tuesday. A reminder about what real danger is all about. The US dollar is breaking apart in the stratosphere, too. The FOREX holdings of all our major trade rivals is rapidly changing from sucking in US dollars to sucking in yen and euros. Both Japan and the [...]
September 23, 2009
Attack Iran Plans Go Wry Thanks To Afghanistan Disasters
The UN is having its annual meetings and it is very odd how the US continues to pretend to be the power center while China increasingly calls all the shots. Afghanistan is also in the news with the release of a report that was not classified but was not for news consumption. This report from [...]
September 3, 2009
Economic Power Continues To Flow Out Of The West Towards Asia
The shift of industrial power, then financial power and eventually, military power from the West to the East is still underway. And actually will accelerate in the next 20 years. By 2020, China will lead all of Asia into a new ‘NATO’ style military alliance that will patrol the Seven Seas and the world’s [...]
August 30, 2009
CIA Wants Obama To Legalize Their Many Crimes
Obama is confused about what to do with the CIA criminals. It is easy: he can put Bush, Cheney and the CIA (plus the Blackwater mercenaries) on trial! How novel is this? If the CIA doesn’t like this, they can DISBAND. And cease existing. The KGB no longer exists. Nor does the Statsi. Or [...]
August 29, 2009
Krugman Wants US To Imitate Italy’s Finances
The US is now a ZIRP economy thanks to government interventions designed to keep alive an economy wrecked by a credit bubble. This credit mess is being fixed by wild government overspending. The effects of this is literally identical in our case to the path Japan took. Japan fixed itself by basically committing mass [...]
