Vanguard News Network
VNN Media
VNN Digital Library
VNN Reader Mail
VNN Broadcasts

Old July 26th, 2005 #1
Agis
biocultural Realpolitik
 
Agis's Avatar
 
Join Date: Dec 2003
Location: ZooSA
Posts: 697
Agis
Default Chinese Influence on the US Economy

Federal Reserve Responsibilities Outsourced to China


The Fed Chairman was overheard to remark: “If we can’t do it, maybe they can”


The Peoples Bank of China (PBOC) announced to day that they are effectively taking over the interest rate responsibilities from the US Federal Reserve.

The Chinese Central Bankers announced that, effective immediately, they are beginning a series of incremental rate hikes in the United States. The first rate hike was for 10 basis points on the 30 year.


The Fed’s inability to significantly impact long rates anymore is what led to the outsourcing.


Unlike the United States Federal Reserve, who hold interest rate meetings monthly, the Chinese Bankers will now meet daily. Look for rate announcements each day at noon.


Trillion Dollar Baby
All tongue-in-cheek analysis aside, today's actions are the net result of the United States consuming far more goods or services than it produces. Because of that, the Chinese have accumulated nearly a trillion dollars of US Treasuries. That makes them a de facto player in setting our interest rate policy and impacting our economy.

The brunt of the de-pegging on the U.S. economy will not likely be felt for some time to come. But war-gaming the various scenarios of this new development, we can see that many dangers are apparent. If we play out this scenario to its logical conclusion, we are led to some unsettling possibilities:

1) As we have been writing for quite some time now, the Real Estate Complex has been the most robust segment of the U.S. economy. If the Chinese can succeed (where the Fed failed) in raising U.S. long rates, the strongest part of the US economy is at risk. While we know real estate had to slow eventually, the question is how fast will it occur, and how dramatically.

2) US Consumers have grown reliant on ultra low interest rates and ultra cheap Chinese goods. The de-pegging will cause incremental increases in costs, while raising rates. This will negatively impact Wal-Mart, the largest importer of Chinese manufactured products, as well as other Chinese goods resellers.

3) Some theorists have worried about US reaction in the event of a Chinese attack on Taiwan. In an unlikely – but possible – scenario, the Chinese can, at will, and without ever firing a shot, inflict as much economic damage on the U.S. as if we were at war. Armed conflict becomes unnecessary when countries can net impact their competitors as if they were at war.

4) The United States Dollar is the default currency of the world. That gives an unprecedented amount of flexibility to US policy makers. Is the de-pegging the beginning of the end for this global currency structure? It’s too soon to tell. But we wonder how this might play out elsewhere.

http://bigpicture.typepad.com/commen...l_reserve.html
__________________
.
.
CREATIVITY NOW! http://tinyurl.com/6buj85
 
Old July 26th, 2005 #2
_DC_
Guest
 
Posts: n/a
Default

An interesting article. A question though: how has the Fed lost the ability to effectively impact long rates?


Quote:
Because of that, the Chinese have accumulated nearly a trillion dollars of US Treasuries. That makes them a de facto player in setting our interest rate policy and impacting our economy.
A key paragraph. I hope anyone looking at this thread will remember this.


Two comments on the points the article makes:


3) In the event of war, both the U.S. and China would suffer enormously, financially. Which makes a war over Taiwan very unlikely. But it is worth remembering that China is a dictatorship, where you don't have to win the next election, and that the Chinese people is fiercely nationalistic. Also, a factor most Westerners aren't aware of and don't give enough consideration: the Chinese think not in years but in centuries. They are always aware of their history, just like the Russians; history is with them every day, it's not just something to read up on for exams. And they have not forgotten their millennia-old assumption that they are supposed to be on top. Therefore, the Chinese people is very likely to endure hardship in the event of a war, if they think it will hurt those more powerful than themselves. (And anyone who protests, hey, there are always some prison cells you can stuff them in.)

4) Given that the Chinese have nearly a trillion dollars, and together with the Japanese have been buying U.S. debt for many years now, they may very well be able to change the dollar's status as the world's default currency. If they start buying other currencies for their dollars, and stop buying U.S. debt, then individuals and nations all over the world will scramble to do the same. The result of this might hurt the U.S. position in the world more than a nuclear bomb in Washington would.


In conclusion: though they are dependant on the U.S., the Chinese have the world's superpower by the balls.
 
Old July 26th, 2005 #3
Herman van Houten
Ausrotter
 
Herman van Houten's Avatar
 
Join Date: May 2004
Location: Walhalla
Posts: 4,018
Herman van Houten
Default

It may end with the Chinese simply "buying" Taiwan.

In fact they did the same in 1973 when they kicked Taiwan out of the United Nations.
__________________
"People, look at the evidence the truth is there you just have to look for it!!!!!" - Joe Vialls
Fight jewish censorship, use Aryan Wiki
Watch online television without jews!
 
Old July 26th, 2005 #4
Whirlwind
Senior Member
 
Join Date: Dec 2003
Location: S.E.PA
Posts: 1,626
Whirlwind
Default

Their program of buying our debt is straight from "The Art of War" by sun tsu. Letting your enemy's own strength bring them down. Dollar being the world currency is our ace. How good of a hold do we have on control of it? This article implies our grip just loosened slightly, some more.
__________________
KILL YOUR TV! Or at least stop taking it more seriously than a goldfish.
 
Old July 26th, 2005 #5
banjo_billy
Banned
 
Join Date: Jul 2005
Location: San Jose, California
Posts: 3,032
Default

Here in California's Silicon Valley, I meet hundreds of Chinese everyday since I work at a market where they are customers. And I frequent Chinese restaurants and talk with a lot of them. I speak pretty good Mandarin and know their culture quite well. They are very friendly as they gobble up everything that they can get. And they want everything. But when it comes to GIVING BACK anything, no way! They are here to get but not to give. With them, it's "Chinese Only" everybody else OUT!

They have their own writing system, schools, etc. And when they move into a neighborhood, they only grow in numbers since if they sell their homes or businesses, they only sell to more Chinese. Thus, Chinatowns grow and are never reduced in size by any other ethnic group.

They will never consider themselves Americans but rather call themselves "Overseas Chinese" (hua ren). That is, they consider themselves Chinese who are here as an extention of China.

The only people who are actively marrying into the Chinese ethnic group are the Jews. Most, by a large percentage, of the mixed marriages are of Jew males (I don't call kikes, "men") with Chinese women. This is accomplished since both Jews and Chinese use marriage brokers to arrange marriages between wealthy and influential families. Often, a deformed, goggle-eyed, hunchbacked kike is married to a beautiful Chinese woman through the marriage brokers.

In regard to the swine-Greenspan and the FED: The swindle works like this. The Jews are the primary middlemen in international trade, so any trade that moves through their hands, makes them money. So, they promote "Free Trade" which means that lowered taxes make for a bigger profit margin by merchants who control the nation's wealth instead of it being controlled by the nations, themselves. When the entire manufacturing base of the nation is moved overseas, this means that the nation is dependant upon the middlemen for finished goods. And when these goods become crucial to survival, then the prices can be raised by the middlemen. So, in order to undermine the factories in America, they bring in cheap Chinese goods. Once the factories close down, the imports suddenly become expensive. So the Jews make lots of money by dealing in cheap imports but they make even more money by destroying our manufacturing base.

By using a slave state like China to produce cheap goods, money is moved through the hands of the middlemen. China is built up and America is reduced. All of this benefits the Jews. Once the manufacturing power of America is dimenished enough, China can do what it wants to do. As Sun Tsu wrote: "Before you go to war, first see how much money you have in the treasury". War is very expensive. And the only ones who profit from war are bankers and manufacturers -- Jews and more Jews.

The money that America gave to China in exchange for cheap trinkets is used to buy advanced weapons from the Jews of Israel and the Jews of Russia. And as the Chinese buy up American core industries, they control both our internal and external affairs.

In short, all of the events between America and China are being orchastrated by the Jews. They benefit from cheap sales of goods; they benefit from the closing of our factories both by selling imports at higher prices and by "servicing" the unemployeed workers through re-financing homes, loans and forclosures; they profit from selling weapons to our enemy; they profit from open immigration of more Chinese who are becoming rich enough with our own money to buy up foreclosed homes and factories; and they profit from the destruction of yet another Christian country.

Jesus and Hitler Told the Truth about the Jews.
 
Old July 26th, 2005 #6
nazibunny
Guest
 
Posts: n/a
Default

I would suggest watching FRONTLINE: Is WalMart really good for America.
It will explain how Clinton and Sammy of WalMart fame kicked the legs out from under the US and the American worker. The show explains how Sammy forced US companies to set up shop in China. It will give you insight to the troubles we are heading for.

We are like a third world country when dealing with China. We send them a little raw material and they send us thousands of containers of cheap made product.
 
Old August 3rd, 2005 #7
Whitefist
Senior Member
 
Join Date: May 2004
Posts: 470
Whitefist
Exclamation

Quote:
Originally Posted by banjo_billy
They will never consider themselves Americans but rather call themselves "Overseas Chinese" (hua ren). That is, they consider themselves Chinese who are here as an extention of China.
Isn't it interesting how we call Chinese enclaves "Chinatowns." So distinct is their exclusiveness. While all ethnic/racial groups tend to have an affinity for their motherland, the Chinese differ in their self-perception as an "extention of China."

Quote:
Originally Posted by banjo_billy
The only people who are actively marrying into the Chinese ethnic group are the Jews. Most, by a large percentage, of the mixed marriages are of Jew males (I don't call kikes, "men") with Chinese women. This is accomplished since both Jews and Chinese use marriage brokers to arrange marriages between wealthy and influential families. Often, a deformed, goggle-eyed, hunchbacked kike is married to a beautiful Chinese woman through the marriage brokers.
I wonder if you have any direct info on this, or rather is this merely an anecdotal observation. Just wondering how widespread this jew-chinese mixing is???

Quote:
Originally Posted by banjo_billy
In short, all of the events between America and China are being orchastrated by the Jews. They benefit from cheap sales of goods; they benefit from the closing of our factories both by selling imports at higher prices and by "servicing" the unemployeed workers through re-financing homes, loans and forclosures; they profit from selling weapons to our enemy; they profit from open immigration of more Chinese who are becoming rich enough with our own money to buy up foreclosed homes and factories; and they profit from the destruction of yet another Christian country.

Jesus and Hitler Told the Truth about the Jews.
While this seems to be true, let's hope that the jew doesn't decide to reign in the Chinese using what's left of the White world in WWIII. For example, while the jew is profiting now that doesn't mean that later on when the Chinese might not play ball with them that they don't decide to use what's left of our race to stop them.
 
Old August 8th, 2005 #8
banjo_billy
Banned
 
Join Date: Jul 2005
Location: San Jose, California
Posts: 3,032
Default

Quote:
Originally Posted by Whitefist
I wonder if you have any direct info on this, or rather is this merely an anecdotal observation. Just wondering how widespread this jew-chinese mixing is???
This is a direct obsevation of the thousands of mixed race couples that I see in this Silicon Valley town every week. MOST of the couples are Jews and Chinese.

But I have also mentioned this to a Chinese acquaintance. I was telling him about the Jewish monopoly of the Opium Trade which got blamed on the British and the present Israeli armament of Red China, all of which he found interesting and acknowledged to be true. But when I mentioned the present-day Jews marrying into the Chinese race, it really set him back on his heels because he realized that the observation was a fact from his own Chinese perspective. A light went on in his head as he began to realize that there was more to these marriages than love and that the Jews represented an unusually large percentage of these marriages. This Chinese fellow is a stock broker, not a low level worker.
 
Old August 8th, 2005 #9
_DC_
Guest
 
Posts: n/a
Default

The Chinese love their homeland, but they are not loyal to the Chinese government.

The Jew-Chinese thing may be true in Silicon Valley, but there are other places with less Jews.

Anyway, that sounds great, Jews having a desire to marry Chinks. I hope they all do it to a man.
 
Reply

Share


Thread
Display Modes


All times are GMT -5. The time now is 11:44 PM.
Page generated in 0.10797 seconds.