The Great Decoupling: How the West is Engineering its Own Downfall
by James Corbett of corbettreport.com
[Excerpt] The growing naval and aerial threat of the Chinese military has US technology to thank, not only by direct military transfer (as a Lawrence Livermore National Laboratory whistleblower demonstrated the Clinton administration did in the 1990s) but by indirect (and illegal) transfers via Israel. And just last month, a congressional investigation uncovered evidence that the US government was planning to give Russia high level military technology for use in training their troops as part of the FY2015 budget, even as they were talking about tough sanctions and dire consequences for Russia’s annexation of Crimea.
The Chinese industrial juggernaut did not just spring up overnight; the infrastructure for China’s economic marvel of the last decade was laid in the decade before. In the seven years from 1994 to 2001 alone, direct investment of US-based multinational corporations in China quadraupled from $2.6 billion to $10.5 billion.
|Source Data: Excel file|
In the same time period, China rose from the 30th-largest target of US R&D investment to the 11th on the back of a doubling of US affiliates in the country. The list of companies that started major R&D activities or facilities in China in the 1990s reads like a who’s who of the CFR-nested Fortune 500 set: DuPont, Ford, General Electric, General Motors, IBM, Intel, Lucent Technologies, Microsoft, Motorola, and Rohm and Haas all had a significant stake in China by the beginning of the 21st century.
And the BRICS association that economists were wringing their hands over in previous years as a major threat to American-led western economic neoliberalism? It was actually created by Goldman Sachs, an outgrowth of a research paper that was convincing enough that it actually caused the four nations (of the then-”BRIC” grouping) to start a political process that made the paper into reality.
It seems that as we enter the world of the “new cold war” there is western backing behind every aspect of this new rivalry. And sure enough, the much-ballyhooed Cold War 2.0 is becoming a self-fulfilling prophecy. China’s decision to abstain from the UN Security Council vote on Crimea’s annexation last month was a significant turning point in and of itself. Given China’s unease over its own territorial issues (Tibet, Xinjiang), the fact that they didn’t vote for the resolution condemning a nation’s right to unilaterally secede from a country speaks volumes about China and Russia’s increasing cooperation in geopolitical matters.
The inescapable conclusion is that the NATO powers have helped to create their own enemy. They have helped to arm and fund that enemy, and then poked and prodded him into reaction. We would do well to remember the true genesis of this conflict the next time we are told about the “New Cold War.” http://www.corbettreport.com/the-great-decoupling-how-the-west-is-engineering-its-own-downfall/
The West is Engineering Its Own Downfall | James Corbett Interview http://youtu.be/UPDf1agko1A
False East/West Paradigm Hides The Rise Of Global Currency
by Brandon Smith of alt-market.com
[Excerpt] The centralization of power is best achieved during moments of bewildering calamity. The conjuring of crises is one of the oldest methods of elitist dominance. Not only can they confuse and frighten the masses into malleability, but they can also ride to the public’s rescue as heroes and saviors later on. The Hegelian dialectic is the mainstay of tyrants.
The destruction of the dollar and the institution of a global economic bureaucracy are not actions that can be executed openly by international financiers. These events will coincide with extreme catastrophe, likely worse than the Great Depression era, with millions upon millions of people losing the ability to financially support themselves and their families. Crime, death and public discontent will surely follow. People will be looking for someone to blame. This is where the false East/West paradigm comes in.
It is widely expected that as sanctions snowball between Russia and the U.S. that the dollar will end up on the chopping block. China has asserted its support for Russia in opposition to NATO interference in Ukraine. The stage has been set. I have warned for quite some time that the development of East/West tensions would be used as a cover for a collapse of the dollar system. I have warned that among the American media this collapse would be blamed on an Eastern dump of foreign exchange reserves and treasuries, resulting in a global domino-effect ending U.S. world reserve status. In turn, the international community would be conditioned to see this as the mere bumbling of a spoiled America gone power-mad, rather than the result of a covert program of economic destabilization. This might lead to all-out war or a fiscal firestorm that leaves much of the world crippled and desperate for aid.
In either case, the elitist plan is to use scapegoats and false enemies to draw our attention away from the real culprits: the international banks themselves. Make no mistake: This fight is not about President Barack Obama, it is not about Putin and it is not even about the Federal Reserve. These men are tools, errand boys, public mascots. Do not be fooled by the global stage play being perpetrated. Whatever happens in Ukraine and whatever happens between Russia, China and the West, there are only two real sides to this battle: the elitist establishment, and those who are smart enough to recognize their poison. http://www.zerohedge.com/news/2014-05-07/guest-post-false-eastwest-paradigm-hides-rise-global-currency