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Tag: China
Dr. Doom Confirms WWIII
It’s rather intriguing to observe that economist Nouriel Roubini, the man who most famously predicted the financial crisis of 2008 – as did Steve Keen and I – is now also in agreement with me that WWIII has already begun and that the global economy is going to bifurcate:
Last week, the New York University professor was interviewed by Der Spiegel and listed some of the world’s most acute problems.
Recalling a recent event hosted by the International Monetary Fund, he referred to historian Niall Ferguson who “said in a speech there that we would be lucky if we got an economic crisis like in the 1970s — and not a war like in the 1940s.”
When speaking about major global threats, Roubini mentioned the ongoing conflict between Russia and Ukraine, adding that Iran and Israel are “on a collision course” as well.
“I read that the Biden administration expects China to attack Taiwan sooner rather than later,” the economist said, summarizing that “World War III has already effectively begun.”
The rivalry between Washington and Beijing is driving tension to a large degree, Roubini noted, adding that the US has banned the export of certain semiconductors to China and is pressuring European nations into cutting trade ties with the country on national security grounds. He believes that a breakup of the globalized world is looming.
“Trade, finance, technology, internet: Everything will split in two,” he predicted.
It was not clear if non-allied nations would pick the US side in the confrontation, he said. “I asked the president of an African country why he gets 5G technology from China and not from the West. He told me, we are a small country, so someone will spy on us anyway. Then, I might as well take the Chinese technology, it’s cheaper,” the economist revealed to Der Spiegel.
There simply isn’t any reason for any self-interested third party to choose the side of what Vladimir Putin describes as the Second West. Unlike the USA, which has been attacking countries, undermining their currencies, and murdering their leaders for decades, the Chinese are mostly content to simply do business with other countries. And while that may change, and the massive Chinese diaspora is not exactly popular in countries such as Indonesia, Australia, and Canada, the fact is that the Chinese track record concerning foreign relations is considerably better than that of the USA or of its representative in Asia, Japan.
Australia is the New Ukraine
The US appears hell-bent on making sure that the Chinese are incentivized to not only take Taiwan, but attack Australia as well.
The US military has devised a plan which would see nuclear-capable B-52 strategic bombers deployed in Australia on long-term rotational missions, and turn the country’s Northern Territory into a crucial military hub in Washington’s standoff with Beijing, the national broadcaster reported on Monday.
The Pentagon reportedly seeks to build a “squadron operations facility,” which would include a maintenance center and enough parking area for six B-52s at the Royal Australian Air Force military air base Tindal, according to ABC’s Four Corners investigative program.
The air base expansion could cost up to $100 million and is expected to be finished in late 2026. The new facilities are “required to support strategic operations and to run multiple 15-day training exercises during the Northern Territory dry season for deployed B-52 squadrons,” the report said, citing US documents.
An “enhanced air cooperation” between Australia and the US was discussed during last year’s AUSMIN ministerial meetings, but while the sides agreed on “rotational deployment of US aircraft of all types,” there was no official confirmation of plans to deploy B-52s at Tindal.
“The ability to deploy US Air Force bombers to Australia sends a strong message to adversaries about our ability to project lethal air power,” the US Air Force reportedly told the program.
To say that the US military is behaving in an overtly provocative manner would be an understatement. It’s not at all unreasonable to wonder if the predominantly foreign elite dictating the US military’s actions in Europe and Asia are pursuing this course of action, not because they are crazy or stupid, but in order to ensure the destruction of the US military.
The Empire Flees China
You won’t be told what’s actually happening by the globalist media, and you definitely won’t be told why it is happening. But their coverage of events is usually sufficient to alert the informed observer as to what is actually going on.
As the FT writes, today, “thousands of wealthy people across China are headed for the exits as President Xi Jinping secures a third term, making him and the ruling Chinese Communist party even stronger than before.”
Recall that just hours after Xi not only was declared dictator for life but unceremoniously and in full view of the entire world had his centrist, globalist and pro-reform predecessor Hu Zintao escorted out of the building, guaranteeing that the rest of his rule will be a radical departure from heretofore accepted norms, and calling for the “great rejuvenation of the Chinese nation” based on revitalizing the CCP’s role as the economic, social, and cultural leader, Chinese stocks cratered to multi-decade lows and the yuan plunged to a record low as the growing realization of the horror that is coming swept across the land.
As a result, China’s wealthiest were met with market turmoil on Monday when Chinese stocks crashed the most since 2008. According to Bloomberg’s billionaire list, the 13 richest Chinese lost $12.7 billion in just one day after mounting fears about Xi’s consolidation of power. But of course, it wasn’t just them looking terrified at the glowing green color on their screens (as a reminder, in China stock colors are inverted as red means up and green means down): it was everyone.
In any case, as hundreds of millions of Chinese savers now scramble to move as much of their assets as far away off shore from the lunatic fringe in Beijing as possible, we have been flooded with reports that wealthy families across Hong Kong and China are at a “tipping point” about triggering so-called financial “fire escape plans” to avoid the wrath of Xi and CCP, according to David Lesperance, a Europe-based lawyer who works with elite Chinese businessmen and who spoke with Financial Times.
“Now that ‘the chairman’ is firmly in place . . . I have already received three ‘proceed’ instructions from various ultra-high net worth Chinese business families to execute their fire escape plans,” Lesperance said.
Ignore all the rhetoric and the neo-liberal economic assumptions and focus on what the various parties mentioned are doing. What’s actually taking place is that The Empire That Never Ended, which intended to transfer its global center of power from Washington DC to Beijing, has finally abandoned its attempts to do so.
Xi Xinping was seen as an impediment, not an implacable obstacle, but the confirmation of his continuing power in the CPC and his ongoing anti-corruption campaign means that the imperial plans for China have failed. Ukraine appears to be the backup plan, but that is failing too, thanks to the Russians and their stubborn refusal to submit to the imperial order.
Xi is in Complete Control
You may recall a few weeks ago that the globalist media was excitedly reporting that mysterious events in China, particularly around Beijing, possibly indicated that a coup against President Xi was taking place. You may also recall that I told you the idea President Xi’s control over the Party and the government was slipping was complete nonsense; the Chinese leader is not only very smart and extremely effective, but is far more popular with his people than are any of the political leaders across the former West.
And now, it is obvious to everyone that Xi is not only going to continue calling the shots, but is strong enough to continue rooting out the remnants of the pro-globalist faction in China:
Former general secretary of the Chinese Communist Party (CCP), Hu Jintao, was forcibly escorted out of the 20th Chinese Communist Party National Congress at the Great Hall of the People in Beijing by Kong Shaoxun, the deputy director of the General Office of the CPC Central Committee, moments before the de-facto Emperor of China, Xi Jingping, was re-elected to another five-year term on Saturday.
At the first plenary session of the CCP’s 20th Central Committee on Sunday, Xi hinted at his intraparty purges that have made him the most authoritarian leader of China since Mao Zedong.“Driven by a strong sense of mission, we have resolved to offend a few thousand rather than fail 1.4 billion and to clear out the party of all its ills. We’ve used a combination of measures to take out tigers, swat flies, and hunt down foxes, punishing corrupt officials of all types,” Xi said.
A video shows that Jintao was involuntarily escorted from the auditorium during the last day of congress on Saturday.
He refused assistance from a CCP aid and attempted to pick up a document on the table, an action which the paramount leader of China stopped by when he placed his hand on the document.
Another high-ranking CCP member to the left of Jintao was seen almost getting up from his seat before his companion next to him tapped him on the back to sit back down.
It’s hard to exaggerate the significance of this public arrest of Hu Jintao. Hu has been one of the leaders of the pro-globalist faction in China for decades. He was supposed to be the architect of the transition of the seat of The Empire That Never Ended from Washington DC to Beijing.
This probably signifies some massive changes coming soon, although what they will be is hard to say. Regardless, expect to see the anti-Russian emphasis in the media to shift soon to an anti-Chinese one, as China is by far the more serious threat to the tottering globalist world order.
Chinese Flee Ukraine
It would appear the Special Military Operation in Ukraine is about to transform into actual war between Russia and NATO:
Some Chinese nationals still in Ukraine have signed up for evacuation from the country, with most registering for organized evacuations, while others are preparing to leave Ukraine on their own, the Global Times learned on Sunday, after the Chinese Foreign Ministry urged Chinese citizens to leave Ukraine, citing the grave security situation.
The move, following the large-scale evacuation in March that safely returned some 6,000 Chinese nationals in Ukraine back to their motherland, represents the Chinese government’s greatest efforts to protect its citizens, as the Russia-Ukraine conflict further escalated, experts noted.
In a notice issued on Saturday, the Chinese Foreign Ministry said that given the grave security situation in Ukraine, it calls upon Chinese nationals still in the country to strengthen security precautions and evacuate the country. The Chinese embassy will assist the organization of evacuation for those in need, the notice said, while urging them to register their personal information to the embassy as soon as possible.
Chinese nationals in Ukraine sign up for evacuation after call from FM, Global Times, 16 October 2022
One has to assume that the Russian leadership is keeping its Chinese allies well-informed. And Russia’s warning shots have been uniformly ignored. The only real question at this point is if the Russian forces will limit their attacks to Ukrainian territory or if they will be targeting the NATO forces with whom they are actually at war outside of Ukraine.
Chinese Warning
People often forget that it is China which keeps North Korea on a short leash. I interpret this recent missile launch over Japan as a warning from China that if and when the Second Front of WWIII is opened, it will not only be the Chinese taking action.
North Korea fired a ballistic missile over Japan, for the first time in five years on Tuesday, prompting a warning for residents to take cover and a temporary suspension of train operations in the northern part of the country.
The Japanese government warned citizens to take cover as the missile appeared to have flown over and past its territory before falling into the Pacific ocean.
It said it did not use any defence measures to destroy the missile, which was the first to fly over or past Japan from North Korea since 2017.
Speaking to reporters shortly afterwards, Prime Minister Fumio Kishida condemned the launch and called North Korea’s actions ‘barbaric.’ He noted that the government would continue to gather and analyse information.
The launch is the latest weapons test by North Korea in an apparent response to military drills between South Korea and the United States.
In fact, it wouldn’t be a surprise if the North Koreans were the first to initiate action; the major players are seldom the first to get directly involved.
A Non-Coup in China
Never pay any attention to all the ridiculous media stories about how Putin has leprosy or Xi has been replaced by a Google-powered robot. There was never any sort of coup in Beijing and Xi is fine. It was just the usual wordspellers engaged in their futile attempts to alter reality through magical thinking and mass propaganda.
Chinese communist leader Xi Jinping made his first public appearance in nearly two weeks, terminating an absence that fueled a storm of unsubstantiated rumors regarding his whereabouts. Xi, who leads China as general secretary of the Chinese Communist Party, visited an exhibition in Beijing on Sept. 27, according to Chinese state-owned media.
The event was Xi’s first public appearance since returning to China from a summit of the Shanghai Cooperation Organization in Uzbekistan earlier in the month.
Xi had met with Russian President Vladimir Putin, an unofficial ally, during that summit. The two leaders reaffirmed their nations’ support for one another in the face of mounting resistance from the West regarding China’s plans for Taiwan and Russia’s war in Ukraine.
My assumption is that Xi has been occupied with overseeing the coordination of China’s next move with the coming Russian offensive. This would be an ideal time to open the second front, after Russia ties down US forces in Eastern Europe. Both Xi and Putin know that the USA is no longer equipped to fight two first-tier opponents at the same time, and I assume that Putin would not have proceeded with the four referendums without an assurance from Xi that China will enter the conflict in a meaningful manner.
Color Revolution in China
The Prometheans are reportedly making a desperate play to bring China back under their control.
The reports coming out of Beijing could rock the world. Global media has no idea what is going on with Xi Jinping at his home. Honestly, at this point those who want the tyrant to remain in power should forget about his third term; it appears that CCP veterans have already crushed his lust for power.
Chinese netizens have stormed Social Media timelines with reports that Beijing is under military seizure. The world, though, has no idea of what’s happening because the city is eventually cut off from the world.
According to News Highland Vision, former Chinese President, Hu Jintao and former Chinese Premier, Wen Jiabao had persuaded Song Ping, the former member of the Standing Committee and retaken control of the Central Guard Bureau (CGB).
For those who don’t know, the purpose of CGB is to provide close personnel protection to members of the Politburo Standing Committee and other CCP leaders. The committee is also responsible for the protection of Xi Jinping.
As Hu and Wen retook control of CGB, information was conveyed to Jiang Zeng and the Central Committee members in Beijing via telephone. The original standing committee members abolished Xi’s military authority at that very moment.
Xi returned to Beijing on the evening of 16th September after learning the truth. However, Xi Jinping was detained at the airport and most probably is currently being held under house arrest in Zhongnanhai’s house.
Hu Jintao is the neo-liberal world order’s puppet in China. He was supposed to prepare the transition of the seat of the Empire That Never Ended from Washington DC to Beijing, hence all of those “ghost cities” being constructed. However, the unexpected rise of Xi Jinping and his subsequent anti-corruption campaign put an end to those plans.
The globalist Empire is now in desperate straits due to the success of the Sino-Russian alliance, which is why Ukraine was used to provoke Russia into war with NATO. However, NATO cannot defeat Russia and will inevitably lose any war against both Russia and China. Hence this reported attempt to bring China back under imperial control, or at least render it neutral in the NATO-Russian war.
As with the US-backed anti-Erdogan coup in 2016, I wouldn’t take these early reports of Xi being overthrown and being held under house arrest too seriously. We’ll have to wait and see what is actually happening over there, although we were promised a big event on 9/24/22, so perhaps this is it.
For the record, none of my connections in China believe it is real. My own opinion is best described as “deeply skeptical”.
UPDATE: The primary propagator of the #China coup rumor is now saying that the rumor is not true. She has also said that 3 senior anti-Xi officials were sentenced to death. However, only the sentence for Former Vice Public Security Minister Sun Lijun, 53, has been confirmed, in this case by Bloomberg, and the death sentence was suspended in favor of life imprisonment with no possibility of parole.
The End of Strategic Ambiguity
Joe Biden makes it clear that the US will fight China over Taiwan
President Joe Biden once again claimed that Washington is willing to use military force to defend Taiwan from Beijing, if necessary, while insisting that the US still adheres to ‘One China’ policy and is “not encouraging” the island’s independence.
During a ‘60 Minutes’ CBS News interview aired Sunday night, Biden was asked if the US would become directly involved to “defend the island” in a potential conflict between Beijing and Taiwan, including through the use of military force.
“Yes, if in fact there was an unprecedented attack…” Biden replied, before the broadcaster cut away to clarify the controversial statement.
Checkmate, Xi!