The US media has mainly studiously kept all news about the New Asian Power Push out of the front pages in favor of hammering on Iran and Syria. But the cold war there is heating up very rapidly ever since Kerry and Obama gave Abe the green light to make huge territorial demands backed by US taxpayers and our troops. Now, it is exploding in size as China sends planes into air defense zone after Japan, S Korea, U.S. defy rules.
This is obvious to see where it will end: WWIII. The US, instead of using diplomacy, has been doing the ‘carry a big stick that costs a fortune’ and swinging this wildly everywhere on earth. Unlike taking swings at Palestinians, Egyptians, Iraqis, Syrians, etc. the wild swinging at one of the biggest nations on earth is highly dangerous.
Japan Shares Soar, Driven by Falling Yen as Abe has the central bank print money like mad. This ally of ours is doing this in order to flood the US with Japanese exports and thus, fix their trade deficit at our own expense. The US pushed China about weak currency trade games for years and years until recently when China accused the US of being selective about outrage concerning diluting currencies for trade invasions.
Europe is being hammered by this Japanese money printing. The Nikkei has shot upwards while the EU markets are heading downwards as the euro remains strong due to a refusal to print more money.
Hysteria over the fact that China will soon be the world’s biggest economy is the true driver of events. The US, a dying economy buried in deep debt is joining forces with Japan, a country seething in debts and social collapse, to try to stop China’s rise. This futile effort can trigger a world war very easily and playing with fire, swinging the stupid club, the US is known to be very weak except our expensive military still can annihilate all living things so we have raw ‘power’ although it is in steep decline due to economic issues.
Poll after poll shows clearly the US public doesn’t want more wars and definitely less foreign spending. Yet spending overseas roars onwards with virtually no pause even as public programs at home languish. But this war against China and Russia will pop up quite suddenly, perhaps with very little warning for all of us to find bomb shelters. Like all world wars, the saber rattling can instantly turn into conflagration.
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