The Chinese Economic, Political, Technological and Military Takeover of America and the World is Happening Now!
The Obama administration is secretly conspiring with China’s leaders to destroy the value of the dollar to save the American political system for imploding.
Most people believe that the US is still the world's number one economy.
According to statistics and some economists, China has already overtaken the US as the world's largest economy, and is not far behind in military might, political influence, technology and scientific research.
According to statistics and some economists, China has already overtaken the US as the world's largest economy, and is not far behind in military might, political influence, technology and scientific research.
Over two hundred years ago, Napoleon warned, “When China wakes, it will shake the world.”
Over a year ago, on Wednesday, April 13, 2011, I published a forecast, Chinese Economic Takeover now Inevitable Many Experts Predict, which has come to pass.
Nobody listened, but my pride is comforted by the fact that nobody even choose to listen to Henry Kissinger, the man whose historic visits opened US relations with China 41 years ago in 1971, when he says we must accept a new global hierarchy with China in a dominant role.
Over a year ago, on Wednesday, April 13, 2011, I published a forecast, Chinese Economic Takeover now Inevitable Many Experts Predict, which has come to pass.
Nobody listened, but my pride is comforted by the fact that nobody even choose to listen to Henry Kissinger, the man whose historic visits opened US relations with China 41 years ago in 1971, when he says we must accept a new global hierarchy with China in a dominant role.
China has awakened. And now, it’s about to shake the world to its foundations, starting with the United States.
Everybody knows that China is on the move. Even despite the recent global slowdown. But what most Americans do not know and what our media firmly refuses to admit, is that China is already so rich, it can now mandate economic policy to the world; even to the United States of America.
It’s hard to believe. Especially since many have been saying that China’s economic explosion is over. But consider the report that Yahoo Finance recently published:
It’s hard to believe. Especially since many have been saying that China’s economic explosion is over. But consider the report that Yahoo Finance recently published:
“The International Monetary Fund has just dropped a bombshell, and nobody noticed. For the first time, the international organization has set a date for the moment when the ‘Age of America’ will end and the US economy will be overtaken by that of China.”
According to the IMF (International Monetary Fund), by 2016, the United States will no longer be the world’s number one economic power.
According to the IMF, China will be richer than America in less than five years.
But according to the esteemed Peterson Institute, based on data just published by the University of Pennsylvania, the IMF is wrong: The Chinese economy will NOT surpass America’s by 2016, not in 2017, not even in 2020.
Both the Peterson Institute and the University of Pennsylvania have proof that China is already the world’s #1 economic power.
These highly praised institutions just presented irrefutable proof that when you adjust for the domestic purchasing power of respective currencies, the U.S. economy produced goods and services valued at $14.6 trillion, while the China’s Gross Domestic Product soared to $14.8 trillion in 2010.
This clearly proves that China’s economy is already larger than the economy of the US. And the United States is falling farther behind every day:
The US economy grew about 1.7% while China’s economy grew 9.2% in 2011. This means China’s economy nearly doubles in size once each decade.
The Chinese government has almost no debt, while Washington has nearly $145 trillion in debt and obligations.
- China has $3.2 trillion in cash — and its cash reserves are growing ever larger, month after month ...
- But Washington has almost no cash on hand and has to borrow nearly half of every dollar it spends — much of it is borrowed from China.
- China’s total tax revenues are up nearly 30% from a year ago ...
- But Washington’s tax revenues are dramatically down due to the sluggish U.S. economy.
- The U.S. has about 160 million workers ...
- China has 810 million workers — more than 5 times more than the United States.
- 97% of all Chinese workers are employed ...
- But 14 million U.S. workers are either unemployed or underemployed.
- In China’s urban areas, wages ROSE 7.6% in 2011 — and the increase was about double that in rural areas.
- Meanwhile, inflation-adjusted wages for U.S. workers dropped 1.7%.
The investment facts are even more startling:
- Securities valued at more than $6 trillion trade on Chinese exchanges every day and that number is growing by leaps and bounds.
- China enjoys the largest foreign capital inflows of any nation on Earth, surpassing the United States as the world's favorite place to invest.
- China is now the world’s #1 mine operator ... its #1 car maker ... its #1 manufacturer ... its #1 exporter.
China is growing more now that the US during the American boom of 1950's.
New York and Beverly Hills were once the world’s premiere spots for high-end shopping, while now the Nanjing Road shopping district of Shanghai puts them to shame, as does the New Shanghai Shopping City in the Pudong financial district. And these are only two of the many massive, world-class, state-of-the-art shopping districts located throughout China.
Once Las Vegas topped the world when it came to luxury hotels and entertainment, but now even Vegas’ best can’t hold a candle to the world’s largest hotels and casinos in China.
Once Palm Beach’s mansions and posh housing communities were the ultimate, but now they can't compare to the massive luxury housing developments and neighborhoods filled with extravagant Western-style mansions of China.
China is on the way up while the US is the nation on the way down.
The Program for International Student Assessment has ranked Chinese students #1 in the world. American students were luck to be ranked #14. China’s Tianhe-1A super computer is the fastest in the world, capable of processing more than 2.5 thousand trillion calculations per second, far quicker than anything the US has at this time.
The US betraying NASA and scrapping its space program has practically handed China and Russia the Space Race. China is now even preparing to put a man on the moon!
But when you look at China’s military, it gets downright scary
China’s military is state-of-the-art: It just unveiled its first stealth fighter, the J-20. It also has modern battle tanks, aircraft carriers, nuclear attack submarines, cruise missiles and spy satellites.
China’s nuclear arsenal is especially worrying: While the U.S. has been steadily reducing its stockpiles for nearly 30 years, China continues to build up its forces and is refusing to even begin talks on nuclear arms reduction.
In the size of its economy and economic growth, its technology, its education and the size and might of its military, China is already the world’s most powerful nation.
And there is another reason why China is in the position to be able to dictate economic and political policy to America: Nearly 50% of every dollar Washington spends today is borrowed money, most of which it borrowed from China.
At the recent Nuclear Security Summit, we were treated to images of our own president bowing to Hu Jintao, the current Paramount leader of the People's Republic of China. Nobody who watched that humiliating display on television had any doubt which man has the greater power; which man is in control.
And the Chinese know they’re in the driver’s seat. The People’s Liberation Army Senior Colonel Liu Mingfu recently said, “To save itself, to save the world, China must prepare to become the world’s helmsman.”
It was painful to watch the President of the United States bow down to the Chinese, but not nearly as painful as it is for me to have to tell you of our country's demise.
Though I was born (on an American Air Force Base) and raised in Germany, I will remain an American through and through, to my final breath. My mom, my sister, my brother and my grown daughter all live in Germany, but I live in the States, in San Antonio, Texas. I want nothing but the best of everything for my country, The United States of America.
Which makes it all the more painful to tell you that China is not satisfied to merely surpass the US economy; it has already begun a campaign to takeover the US and the world in its entirety. It is a mad grab for power that many have tried before, from Attila the Hun, Alexander the Great and Julius Caesar, to Napoleon Bonaparte and Adolf Hitler. The good news is, none have ever succeeded and I don't believe the Chinese will either. The bad news is, they will reek havoc and bring about a destruction never before seen on earth.
The shocking part is that our own leaders in Washington, D.C. have become Beijing’s willing accomplices. I know this is an outrageous assertion, but Larry Edelson has provided me with some pretty convincing evidence; so please hear me out.
China has already begun to wage war against the dominance and value of the US dollar with the help of our leaders in Washington!
Since shortly after World War 2, one of the advantages the US has had going for it is the dollar's status as the world’s currency of choice. Most of the world’s central banks hold their reserves in US dollars. Most international transactions are settled in US dollars. Any government, business or person can buy from any country anything and everything in the world with US dollars. No other currency has this kind of buying power.
That means there is always a high demand for dollars everywhere in the world and because of that demand, the our trusty dollar has held its value more effectively than most other currencies.
Unfortunately, President Obama has spent more than $10.6 trillion, Treasury Secretary Timothy Geithner has borrowed an estimated $4 trillion and the Chairman of the U.S. Federal Reserve Ben Bernanke has created nearly $8 trillion out of thin air, all since 2009.
Because of these irresponsible actions of our leaders, the value and the buying power of the dollar have begun to plummet:
- Gasoline prices have skyrocketed!
- The price for heating oil has skyrocketed, sending home heating bills up more than 50% per month!
- Milk and cheese prices are up 18% and 15% respectively
- The price of beef and veal used in restaurants is up 17%
- Coffee prices are up more than 20%
- Egg prices have soared nearly 30%!
- Health insurance prices are up
- Medicine and medical care prices are up
- College tuition prices are up a
- Airline tickets are more expensive than ever, as is most everything else
As a result of this precipitous decline in the dollar’s buying power, France, India and many other countries, the U.N., the IMF and other international organizations are ALL calling for the end of the dollar’s reign as the world’s reserve currency. Even the official newspaper of the Chinese Communist Party says:
“The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States.”
In fact, the US dollar is already being abandoned by many countries and companies in favor of the Chinese yuan:
“The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States.”
In fact, the US dollar is already being abandoned by many countries and companies in favor of the Chinese yuan:
- Investors can now buy yuan-denominated bonds in Hong Kong.
- Caterpillar and McDonald’s recently financed their mainland China projects directly via yuan bond offerings instead of US dollars.
- And China’s trade with Russia, Vietnam and Thailand is now being settled in yuan instead of US dollars.
- Apple Computer is even accepting iTunes payments in yuan!
Now, China believes it’s time to make the supremacy of it's yuan official, by gutting the U.S. dollar. And our own leaders, including President Obama, Treasury Secretary Geithner and Fed chief Bernanke are obediently helping Beijing do just that!
Hard to believe? Especially in an election year? I agree! But President Obama saw what a weaker dollar did for U.S. stocks in 2009. It gave birth to his huge rallies! Having the stock market explode higher just before the elections would greatly increase his reelection chances!
The administration claims the “weak yuan” gives China an unfair trading advantage. It makes China’s products cheaper than ours on world markets.
So they’re demanding that China increase the yuan’s value in order to level the playing field for American exporters. But anybody with even shred of common sense can instantly see the Obama administration’s claims are pure baloney.
The average U.S. worker earns nearly 6.5 times more than his or her Chinese counterpart. Those sky-high labor costs are cooked into every product produced in America and that’s what makes American products far more expensive than similar Chinese-made products.
China's Economic Takeover is only the First Step of it's Plan
China upgraded its navy to allow control of what its military calls the 'first island-chain' in 2010. The first island-chain includes Japan, Okinawa, Taiwan, the Philippines and Brunei. It now plans to take control of the 'second island-chain'. The second island-chain includes Japan and extends to Australia’s doorsteps.
This has enormous implications, as China claims the US and international community has no right to intervene in the internal affairs within its sphere of influence. By setting their sights on calling all of Southeast Asia and the South Pacific part of their sphere of influence, China is claiming all that happens in these nations and island states their "internal affair," not subject to outside interference. It also authenticates the conclusions drawn in Hegemon: China's Plan to Dominate Asia and the World, a book by Steven W. Mosher.
Mosher claims that China has "a three-tiered plan for achieving hegemony (that means a single, all dominant power -- a single axis of power dominating the world). The first is local hegemony where the Chinese move to take back Taiwan. The second stage of hegemony will be regional, where they take back territories that China historically dominated but lost. The third stage, Mosher claims, from around 2011 to 2014, the Chinese will achieve a military force superior to the United States. This is not at all far fetched, maybe even being probable.
China expects war with the US
China fully expects a war with the United States. Though the fighting has already started in the form of an economic war, both sides know what it will eventually come down to. US political leaders with any sense won't admit it, but know that it's just a matter of time before the economic war turns violent.
In my article from December 14, 2011, China Warns Russia of Coming Armageddon Initiated by the United States and its Allies, I quote the minister of defense of the People's Republic of China, Minister Chi Haotian, saying, "War with the United States was inevitable." He didn't say 'possible or probable, he said, 'inevitable.'"
The Chinese already believe that China can win such a conflict with the United States in Asia, including a Chinese attack on Taiwan. More importantly, the Chinese believe that 20 to 30 years down the road there will only be one country left standing, a Hegemon, and the Chinese intend for China to be the Hegemon.
Military sources caution, the huge military expenditures that far exceed the $14.6 billion that the Chinese government officially claim. "China's intensive military buildup in recent years is certainly not targeted only at Taiwan. China's real target is the US," said Taiwanese National Defense University lecturer Colonel Jen Yi-ming. If that is the goal, then the war games utilizing 10,000 soldiers during the second week of October and the 100,000 troops used in amphibious landing training in September demonstrated China's resolve. The military demonstration was the biggest display of Chinese weapons and military skills since 1964.
China carving out a place in the new world order
Unfortunately, China has gotten too big that even these big banking dynasties can no longer save America!
The End of America's Dominance is Eminent and Inevitable
The dollar’s demise will be catastrophic for everyone who earns, saves or invests dollars. The price you pay for food, electricity, gasoline and just about everything else will skyrocket. But when war breaks out, there will be hell to pay. Literally.
Many Americans, particularly those on fixed incomes, will have to choose between buying medicine, paying the rent, or buying food.
Homelessness, hunger and hopelessness will be the everyday reality for millions of Americans.
Some will rightfully blame Washington for their misery. Others will blame Wall Street. Mass demonstrations and hunger marches will dominate the headlines.
Cities will burn and violence will prevail on the streets.
When the dust settles, the United States will be little more than just another name on the long list of once-proud countries that squandered their wealth ... that were ultimately driven to their knees and forced to submit to the nations that took their places.
And China will have easy pickings of what's left over.
Most people who read this presentation will probably think I’ve gone off the deep end.
And China will have easy pickings of what's left over.
Most people who read this presentation will probably think I’ve gone off the deep end.
They can’t accept the fact that we are no longer king of the hill. Much less that hell is getting ready to rain down on them!
The only advice I can give you now, is to check out Larry Edelson's The Great Betrayal of 2012, as he offers some great advice when preparing for the Yellow Horde. Unfortunately, as we all know, there are those who profit from war, stock market crashes and disasters. Now you can be one of them. He will show you the handful of stocks that are positioned to soar as China's yuan surges and as the U.S. dollar plunges!
Regardless of what you choose to do, I wish you all the best.
May the world continue it's everyday status quo.
May I have been wrong about it all!
Written By: Tom Retterbush
Email: tomretterbush@gmail.com
Note: A great part of the information I have obtained from a report by Larry Edelson. You may have seen Larry in Forbes, or on Bloomberg, CBS Marketwatch, CNBC or another major financial program or publication. He is a major financial adviser for several large investment funds, as well as founded his own brokerage and money management firm with offices in New York, Hamburg, Dusseldorf, Vienna and Osaka, Japan.
Larry accurately warned his readers of the stock market crash of 1987 and the chaos that followed. He warned of the bursting tech stock bubble in 2000 that cost US investors an estimated $6.5 trillion in losses and the 2007 collapse in US stocks. He also foretold the bottom of gold prices at $255 in 1999 and the bull market that has taken it back to well over $1,800 per ounce. In June of 2004, he warned that the price of oil would skyrocket, from $38 to well over $100 a barrel, and gas to almost $4 a gallon. Today, Larry's forecasts and advises on Money and Markets and his own Uncommon Wisdom website.
I am not affiliated in any way with Larry Edelson or The Great Betrayal of 2012, nor do I get any kind of commission or compensation for mentioning him or his work.
Regardless of what you choose to do, I wish you all the best.May the world continue it's everyday status quo.
May I have been wrong about it all!
Written By: Tom Retterbush
Email: tomretterbush@gmail.com
-----
Note: A great part of the information I have obtained from a report by Larry Edelson. You may have seen Larry in Forbes, or on Bloomberg, CBS Marketwatch, CNBC or another major financial program or publication. He is a major financial adviser for several large investment funds, as well as founded his own brokerage and money management firm with offices in New York, Hamburg, Dusseldorf, Vienna and Osaka, Japan.
Larry accurately warned his readers of the stock market crash of 1987 and the chaos that followed. He warned of the bursting tech stock bubble in 2000 that cost US investors an estimated $6.5 trillion in losses and the 2007 collapse in US stocks. He also foretold the bottom of gold prices at $255 in 1999 and the bull market that has taken it back to well over $1,800 per ounce. In June of 2004, he warned that the price of oil would skyrocket, from $38 to well over $100 a barrel, and gas to almost $4 a gallon. Today, Larry's forecasts and advises on Money and Markets and his own Uncommon Wisdom website.I am not affiliated in any way with Larry Edelson or The Great Betrayal of 2012, nor do I get any kind of commission or compensation for mentioning him or his work.
