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发帖数: 30882 | 1 中国基本上已经做好了击溃美元的战略准备了
来源: nWAY 于 2011-12-31 16:27:40 [档案] [博客] 旧帖] [转至博客] [给我悄悄话
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New Asian Union Means The Fall Of The Dollar
Brandon Smith, Alt-Market.com, 31 December 2011
One of the most frustrating issues to haunt the halls of alternative
economic analysis is the threat of misrepresentative terminology. For
instance, when the U.S. government decided to back the private Federal
Reserve in lowering the interest rates on lending windows to European banks
last month, they did not call this a bailout, even though that's exactly
what it was. They did not call it quantitative easing, or fiat printing, or
a hyperinflationary landmine; rarely does bureaucracy ever apply honest
terminology to their subversive activities. False terminology is the bane of
every objective analyst, because in order for them to educate and awaken
those who are unaware of the truth, they must first battle through the
daunting muck of the general public's horrifically improper perceptions and
vocabulary.
The chain of financial events taking place over the past decade in Asia have
been correspondingly mislabeled and misunderstood. What some economists see
as total collapse is actually a new and decidedly prophetic (or engineered)
transition. What some naively see as the “natural” progression of
globalism, is actually a distinctly deliberate program of centralization
meant to further the goals of world economic and political totalitarianism.
Asia, and most especially China, is a Petri dish for elitist psychopaths.
What we see as suffocating collectivism in this region of the world today is
the exact social schematic intended for the West tomorrow. Call it whatever
you will, but on the other side of the Pacific, like the eerie smile of a
sinister clown, sits fabricated fate.
The genius of globalization is not in how it “works”, but in how it DOESN'
T work. Globalization chains mismatched cultures together through
circumstance and throws us into the deep end of the pool. If one sinks, we
all sink, enslaving us with interdependency. The question one must ask, then
, is if all sovereign economies are currently tied together in the same way?
The answer is no, not anymore. Certain countries have moved to insulate
themselves from the domino effect of debt implosion, one of the primary
examples being China.
Since at least 2005, China has been taking the exact steps required to
counter the brunt of a global debt collapse; not enough to make it
untouchable, but enough that its infrastructure will survive. One could even
surmise that China's actions indicate a foreknowledge of the events that
would eventually escalate in 2008. How they knew is hard to say, but if the
available evidence causes you to lean towards collapse as a Hegelian
creation (and it should if you are paying any attention), then China's
activity begins to make perfect sense. If a globalist insider told you that
in a few short years the two most powerful financial empires in the world
were going to topple like bowling pins under the weight of their own
liabilities, what would you do? Probably separate yourself as much as
possible from the diseased dynamic and construct your own replacement system
. This is what China has done...
China started with the circulation of Yuan denominated bonds, like T-Bonds,
meant to securitize Chinese debt, creating an outlet for the currency to go
global. China's considerable forex and bond reserves make this move a rather
suspicious one. With so much savings at their disposal, why bother to issue
bonds at all? Why threaten the traditional export based economy and the
uneven trade advantage that the country had been thriving on for decades?
The success of Chinese bonds would mean the internationalization of the Yuan
, a floating valuation of the currency, and the loss of the desirable trade
deficit with the U.S. Back in 2005, this all would surely seem like a
novelty that was going nowhere fast. Of course, today China's actions
suggest an unprecedented push to convert to a consumer hub at the center of
a massive trading bloc. To put it simply; China knew ahead of schedule that
the U.S. was no longer going to be a viable customer, and reliance on such a
country would spell disaster. They have been preparing to break away from
America's consumer markets and the dollar for some time.
In 2008, after China announced the use of the Yuan in cross border trade on
a limited basis, I began to write about the possibility that China was
preparing to break from the Greenback. For the past few years my primary
focus in terms of finance has been the East as a kind of warning bell for
the state of the global economy. In 2009 and 2010, it became absolutely
clear that China (with the help of global corporate entities) was developing
the skeleton of a new system; a trade network that that had the capacity to
supplant the U.S. and end the dollar's world reserve status.
Since then, Yuan bonds have spread across the planet, China has dropped the
dollar in bilateral trade with Russia, the ASEAN trading bloc has formed
into a tight shell of export partners, and that is just the beginning. Two
major announcements in 2011 have solidified my belief that a complete dump
of the dollar by eastern interests is near...
First was the announcement that China was actively and openly pursuing the
establishment of a central bank for the whole of ASEAN, with the Yuan
utilized as the reserve currency instead of the dollar:
http://www.reuters.com/article/2011/10/27/us-china-asean-financ
This news, of course, has barely been reported on in the mainstream. As I
discussed at the beginning of this article, the terminology surrounding
economic developments has been diluted and twisted. When China states that
an ASEAN central bank is in the works, we need to point out what this really
means; the ASEAN trading bloc is about to become the Asian Union. The only
missing piece of the puzzle is something that I have been warning about for
at least a couple years, ever since my days at Neithercorp (see “Migration
Of The Black Swans” as a recent example). This key catalyst is the
inclusion of Japan in ASEAN, something which many said would take five to
ten years to unfold. News released this Christmas speaks otherwise:
http://www.bloomberg.com/news/2011-12-25/china-japan-to-promote
Japan has indeed entered into an agreement to drop the dollar in currency
exchange with China and has expressed interest in melting into ASEAN. Japan
has also struck somewhat similar though slightly more limited deals with
India, South Korea, Indonesia, and the Philippines almost simultaneously:
http://www.bloomberg.com/news/2011-12-28/japan-india-seal-15-bi
This means that the two largest foreign holders of U.S. debt and Greenbacks
will soon be in a position to tap into an export market far more profitable
than that of America, and that all of this trade will be facilitated by
currencies OTHER THAN THE DOLLAR. It means the end of the dollar as the
world reserve and probably the end of the dollar as we know it.
Japan's inclusion in this process was inevitable. With its economy already
in steep deflationary decline, the Yen skyrocketing in value against the
dollar making exports difficult, as well as the ongoing nuclear meltdown
problem at Fukushima, the island nation has been on the edge of complete
collapse. Its only option, therefore, is to sink into the chaotic seas, or
float like a buoy tied to an Asian Union. There can be absolutely no doubt
now that Japan will soon implement the latter solution.
The dilemma at this point becomes one of timing. Now that we are certain
that two of the largest economies in the world are about to dump the
Greenback, what signals can we watch when preparing for the event? My belief
is that the trigger will come squarely from the U.S. and the Federal
Reserve, either as legislation to heavily tax Asian imports, a renewed
threat of further credit downgrades like that which S&P brought down in
August, or the announcement of more open quantitative easing. Any and all of
these issues could very well arise in the course of the next 6-12 months,
QE3 being a basic no-brainer. ASEAN could, certainly, drop the dollar
immediately after their central bank apparatus is put in place, resulting in
a much more volatile trade war atmosphere (also useful for full global
centralization later down the road). The point is, we are truly at a place
in our economic life when ANYTHING is possible.
My hope is that as our predictions in the alternative economic community are
proven correct with every passing quarter, more Americans will take note,
and prepare. I can say quite confidently that we have entered the first
stages of the catastrophic phase of the economic implosion. All the
fantastic and terrible consequences many once considered theory or science
fiction, are about to become reality. | G*****h
发帖数: 33134 | 2 航妈都没成军，别扯着蛋了
banks
【在 w*********g 的大作中提到】
: 中国基本上已经做好了击溃美元的战略准备了
: 来源: nWAY 于 2011-12-31 16:27:40 [档案] [博客] 旧帖] [转至博客] [给我悄悄话
: ] 本文已被阅读：221次 字体：调大/调小/重置 | 加入书签 | 打印 | 所有跟帖 | 加
: 跟贴 | 查看当前最热讨论主题 http://alt-market.com/articles/462-new-asian-union-means-the-fall-of-the-dollar
: New Asian Union Means The Fall Of The Dollar
: Brandon Smith, Alt-Market.com, 31 December 2011
: One of the most frustrating issues to haunt the halls of alternative
: economic analysis is the threat of misrepresentative terminology. For
: instance, when the U.S. government decided to back the private Federal
: Reserve in lowering the interest rates on lending windows to European banks
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