Posts tagged Russia
Secrets of the Transhumanist Agenda Revealed at 2013 Conference
0Source: http://www.occupycorporatism.com
By Susanne Posel
Occupy Corporatism
Secrets of the Transhumanist Agenda Revealed at 2013 Conference
Dmitry Itskov spoke at the Global Future 2045 Conference (GF2045) wherein he said that he would like to see technology developed that would allow human consciousness to be inputted into artificial computer neuro-brains and hologram bodies.
In 2020 Itskov envisions human brains being controlled by remote robots.
By 2025, there could be human consciousness “transplanted” into a robotic body which would replace the flawed physical bodies we now use.
The end goal for Itskov would be artificial brains controlling holographic bodies in 2045.
Referred to as neo-humanity, Istkov has begun his own political party in Russia called Evolution 2045.
Itskov said: “We shouldn’t just observe the wonderful entrepreneurs — we need to move ahead systematically. We are really at the time when technology can affect human evolution. I want us to shape the future, bring it up for public discussion, and avoid any scenario that could damage humanity.”
Itskov wants to align his vision with governments and create a movement within the UN to promote a common goal of merging man with machine.
Martine Rothblatt, speaker at the GF2045, stated that just as organ transplants were once considered insane, someday the public will view neo-humanity as commonplace.
Rothblatt said that Itskov will inspire start-up corporations to capitalize on technological advancements.
Dr. Robert Thurman, scholar, author and Tibetan monk spoke at the GF2045, explaining how there can be a balance between technology and culture with a focus on Buddhist teachings.
Conflicting ideology in the scientific community views Itskov’s vision as unrealistic. They say that technological progress does not facilitate Istkov’s timeline.
Hiroshi Ishiguro, Japanese robotics researcher presented his android Geminoid (Latin for “twin”) that he controlled remotely through connections to the internet and is able to see with cameras for eyes.
Professor Henrik Scharfe has his own “tele-operated android” that is not autonomous. Scharfe controls the robot with transmitters connected to his body. Ishiguro designed and conceptualized Scharfe’s Geminoid.
The 2045 Program will create “a new vision of human development that meets global challenges humanity faces today, realization of the possibility of a radical extension of human life by means of cybernetic technology, as well as the formation of a new culture associated with these technologies.”
Transhumanists at the 2045 Program assert that humanity “is in need of a new evolutionary strategy” consisting of a balance between the complexity of technological advances and the acceleration of informational processes to expand the “limited, primitive human” into a “highly self-organized” and technologically “higher intelligence”.
Technology can organize society and integrate unification of a super collective consciousness – a superbeing.
By doing away with individuality, the conclusion is the elimination of:
• Lack of consumer provisions
• Aging, illness and death
• Crime and conflicts
• Natural disasters and catastrophes
Superpeople are the epitome of communitarianism and collectivism as the new globalist vision of society marches toward immortal superpeople.
Because communitarianism is the ideology of the importance of community over the individual, the creation of a communalist society is the emphatic over-reaching value that if it does not provide for the whole, it is not worth pursuit.
The concept of the neo-human and neo-humanity is the replacement for a post-industrial capitalist and consumer-based society where a new form of civilization will emerge.
The goal of transhumanism is to replace all existing laws with the purpose of destroying the essence of humanity for the sake of control.
Hybrid humans with robotic implants are expected to be released into the general public by 2014.
Humanity+, “an international nonprofit membership organization which advocates the ethical use of technology to expand human capacities”.
In their Transhumanist Declaration they advocate old and new ideals of globalist transhumanism by promoting:
• Using technology to “broaden human potential” by overcoming aging and “cognitive shortcomings”
• Provide forums where globalist scientist and researchers can “deliberate how [to enhance humanity through science] to expedite beneficial applications”
• Facilitate “social order, improve human foresight and wisdom” through genetic enhancement
• Influence policymakers to include the transhumanist “responsible and moral vision”
The Transhumanist Agenda uses eugenics, reproductive controls, sterilization campaigns, genetic engineering, RFID chips and rewiring of the brain through pharmaceuticals to achieve their goals. Their quest for immortality with the merging of human and machine is just one part in their convoluted scheme to retain their global dominance over our society. For now, the general public is guinea pigs to be used to prefect their experiments so that by 2050, they will have full implemented their control grid and there will be no one to dissent.
About the author:
Susanne Posel Chief Editor, Investigative Journalist OccupyCorporatism.com Radio Host: The Region 10 Report, Live Thursdays 1-3PM PST on American Freedom Radio
Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities
1Source: http://theeconomiccollapseblog.com
By Michael
Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities
Are you ready for a future where China will employ millions of American workers and dominate thousands of small communities all over the United States? Such a future would be unimaginable to many Americans, but the truth is that it is already starting to happen. Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to absolutely shatter that record this year. Meanwhile, China is voraciously gobbling up real estate and is establishing economic beachheads all over America. If China continues to build economic power inside the United States, it will eventually become the dominant economic force in thousands of small communities all over the nation.
Just think about what the Smithfield Foods acquisition alone will mean. Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with approximately 2,100 others. But now a Chinese company has bought it for $4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America. If you don’t think that this is important, you haven’t been paying much attention to what has been going on in the world. Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend. They are only just starting to exercise their economic muscles.
And it is important to keep in mind that there is often not much of a difference between “the Chinese government” and “Chinese corporations”. In 2011, 43 percent of all profits in China were produced by companies that the Chinese government had a controlling interest in. Americans are accustomed to thinking of “government” and “business” as being separate things, but in China they are often one and the same. Even when there is a separation in ownership, the reality is that no major Chinese corporation is going to go against the authority and guidance of the Chinese government. The relationship between government and business in China is much different than it is in the United States.
Over the past several years, Chinese companies have become increasingly aggressive. Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world. At the time, that was the largest acquisition of a U.S. firm by a Chinese company, but now the Smithfield Foods deal has greatly surpassed that.
But China is not just relying on acquisitions to expand its economic power. The truth is that “economic beachheads” are being established all over America. For example, Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a $100 million plant in Thomasville, Alabama. I am sure that many of the residents of Thomasville, Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China.
And guess where else Chinese companies are putting down roots?
Detroit.
Yes, the poster child for the deindustrialization of America is being invaded by the Chinese. The following comes from a recent CNBC article…
Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.
Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.
If you recently purchased an “American-made vehicle”, there is a really good chance that it has Chinese parts in it.
In fact, it is becoming harder and harder to get auto parts that are actually made in America by American companies. A lot of those companies are dying off. One example of this is a battery maker that had received $132 million from the federal government that was recently gobbled up by a huge Chinese corporation…
Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States. “We simply don’t know how many there are,” said David Andrea, an official with the Original Equipment Suppliers Association, a trade organization for auto parts makers.
In one of the more prominent deals, the Wanxiang Group bought most of the assets of the battery maker A123 Systems, which filed for bankruptcy last year despite receiving $132 million of $249 million in federal grants to build two factories in Michigan.
Congressional Republicans criticized the deal, saying A123′s technology could support military applications in China. Still, the buyout was approved this year by the Committee on Foreign Investment in the United States, a federal government panel.
China seems particularly interested in acquiring energy resources in the United States. For example, did you know that China is actually mining for coal in the mountains of Tennessee?
Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal. The following is from a Wall Street Journal article back in March…
The Tennessee Conservative Union began airing an ad Tuesday that says lawmakers have failed to protect the state’s scenic mountains and are allowing the “Chinese to destroy our mountains and take our coal…the same folks who hold our debt.”
But when it comes to our energy resources, China has been most interested in our oil and natural gas. It is a complete and total mystery why the federal government would allow China to buy up our precious domestic sources of energy, but it is happening. The following is a list of some of the oil and natural gas deals that China has been involved in during the last few years that was compiled by the Wall Street Journal…
Colorado: Cnooc gained a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming in a $1.27 billion pact with Chesapeake Energy Corp.
Louisiana: Sinopec has a one-third interest in 265,000 acres in the Tuscaloosa Marine Shale after a broader $2.5-billion deal with Devon Energy.
Michigan: Sinopec gained a one-third interest in 350,000 acres in a larger $2.5 billion deal with Devon Energy.
Ohio: Sinopec acquired a one-third stake in Devon Energy’s 235,000 Utica Shale acres in a larger $2.5 billion deal.
Oklahoma: Sinopec has a one-third interest in 215,000 acres in a broader $2.5 billion deal with Devon Energy.
Texas: Cnooc acquired a one-third interest in Chesapeake Energy’s 600,000 acres in the Eagle Ford Shale in a $2.16-billion deal.
Wyoming: Cnooc has a one-third stake in 800,000 acres in northeast Colorado and southeast Wyoming after a $1.27 billion pact with Chesapeake Energy. Sinopec gained a one-third interest in Devon Energy’s 320,000 acres as part of a larger $2.5 billion deal.
Gulf of Mexico: Cnooc Ltd. separately acquired minority stakes in some of Statoil ASA’s leases as well as six of Nexen Inc.’s deep-water wells.
How could we be so stupid?
Sadly, as our politicians endlessly bicker China just continues to aggressively push ahead.
And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. According to Bloomberg, right now China is actually building a city larger than Manhattan just outside of the capital of Belarus…
China is building an entire city in the forests near the Belarusian capital Minsk to create a manufacturing springboard between the European Union and Russia.
Belarusian President Aleksandr Lukashenko allotted an area 40 percent larger than Manhattan around Minsk’s international airport for the $5 billion development, which will include enough housing to accommodate 155,000 people, according to Chinese and Belarusian officials.
And this is actually already happening on a much smaller scale in this country. For example, as I have written about previously, a Chinese company known as “Sino-Michigan Properties LLC” has purchased 200 acres of land near the little town of Milan, Michigan. Their stated goal is to construct a “China City” that has artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.
In other cases, large chunks of real estate in the middle of major U.S. cities are being gobbled up by Chinese “investors”. Just check out what a Fortune article from a while back says has been happening in Toledo, Ohio…
In March 2011, Chinese investors paid $2.15 million cash for a restaurant complex on the Maumee River in Toledo, Ohio. Soon they put down another $3.8 million on 69 acres of newly decontaminated land in the city’s Marina District, promising to invest $200 million in a new residential-commercial development. That September, another Chinese firm spent $3 million for an aging hotel across a nearby bridge with a view of the minor league ballpark.
Are you starting to get the picture?
China is on the rise and America is in decline. If you doubt this, just read the following list of facts which comes from one of my previous articles entitled “40 Ways That China Is Beating America“…
#1 As I mentioned above, when you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.
#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us. That was the largest trade deficit that one nation has had with another nation in the history of the world.
#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
#4 China now has the largest new car market in the entire world.
#5 China has more foreign currency reserves than anyone else on the planet.
#6 China is the number one gold producer in the world.
#7 China is also the number one gold importer in the world.
#8 The uniforms for the U.S. Olympic team were made in China.
#9 85 percent of all artificial Christmas trees are made in China.
#10 The new World Trade Center tower is going to include glass that has been imported from China.
#11 The new Martin Luther King memorial on the National Mall was made in China.
#12 One of the reasons it is so hard to export stuff to China is because of their tariffs. According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.
#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.
#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.
#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.
#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.
#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.
#18 China now produces more than twice as many automobiles as the United States does.
#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.
#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government. The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.
#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.
#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.
#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.
#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.
#25 China now consumes more energy than the United States does.
#26 China is now the leading manufacturer of goods in the entire world.
#27 China uses more cement than the rest of the world combined.
#28 China is now the number one producer of wind and solar power on the entire globe.
#29 There are more pigs in China than in the next 43 pork producing nations combined.
#30 Today, China produces nearly twice as much beer as the United States does.
#31 Right now, China is producing more than three times as much coal as the United States does.
#33 China now produces 11 times as much steel as the United States does.
#34 China produces more than 90 percent of the global supply of rare earth elements.
#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.
#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.
#37 15 years ago, China was 14th in the world in published scientific research articles. But now, China is expected to pass the United States and become number one very shortly.
#38 China now awards more doctoral degrees in engineering each year than the United States does.
#39 The average household debt load in the United States is 136% of average household income. In China, the average household debt load is 17% of average household income.
#40 The Chinese have begun to buy up huge amounts of U.S. real estate. In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.
And what we have seen so far may just be the tip of the iceberg as far as Chinese “investment” in U.S. real estate is concerned. The following is a brief excerpt from a Bloomberg article that was posted just last week…
China is studying the possibility of investing a portion of its $3.4 trillion in foreign-exchange reserves in U.S. real estate, said two people with direct knowledge of the situation.
The State Administration of Foreign Exchange began the study after seeing signs of a recovery in the U.S. property market, said the people, who asked not to be identified as they weren’t authorized to speak publicly about the matter. China may acquire properties, invest in real estate funds or buy stakes in property companies, they said. The safety of the investments will be the top priority, said the people, who didn’t elaborate on a timetable or other details.
So what can we do about all of this?
Unfortunately, not a whole lot. Both major political parties seem to be fully convinced that merging our economy with the economy of communist China is a great idea. I would not expect major changes in our policies regarding China any time soon.
For now, I will just leave you with one piece of advice…
Learn to speak Chinese. You might need it someday.
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Image credits to http://theeconomiccollapseblog.com
UN Report Shows Syrian Extremists Increasing; al-Qaeda Head Calls for Unity Against US
0Source: http://www.spreadlibertynews.com
By Ezra Van Auken
Previously stated, Syria’s war is nothing close to being domestic. With Saudi Arabia, Qatar, US and other European interests backing the secularists rebels, the Russians, Iranians and Hezbollah backing President Bashar al-Assad’s regime and the Islamists from Iraq and other regions, at times defined and mixed with secularists, everyone is essentially looking to snatch their piece of the pie when Assad’s regime crumbles.
Unfortunately for the West and its quest to seek secularist influence, the United Nations reported on Tuesday that Islamists in the rebel faction “al-Nusra” have received more members as well as equipment in recent months. Since pledging their adherence to the main faction al-Qaeda, their response has obviously been a positive one for fighters. This appears more and more to be a massive sectarian war coming to the works – Sunni rebels versus Shiites – which are ultimately defending the Assad regime.
McClatchy wrote, “Religious and sectarian extremism is worsening on both sides as tactics grow more savage, the report said, with sharp rises in hostage taking, the use of underage combatants, sexual violence and forced displacement.” From mid-January to mid-May, UN officials compiled over 400 interviews and other materials to create the recent detailed report. Most importantly, the report labels how dangerous the sectarian war is becoming, adding how it could lead to ruthless killing of communities.
The UN pointed a finger at both the Assad regime and rebels for immoral tactics. Assad’s people have been found to conduct torture techniques and keep individuals in infested prisons, which are immensely overcrowded and use of sexual aggression. Probably one of the more immoral acts is “forced disappearance”; this is when Syrians literally vanish without a trace and are either never found or are discovered deceased in random areas. “For example, turning up among the 200 bodies that were dumped in Aleppo’s Queiq waterway.”
Interestingly, besides rhetoric that violence within the rebel opposition is mainly from Islamist extremists, the UN reported that unnecessary violence is a product of the opposition as a whole. “The report offered no good guy-bad guy narrative – indeed, the rebels were blamed for many of the same tactics as the regime,” which if anything, is the exact opposite of what the West’s narrative has been on Syria. Syrian rebels have committed sectarian violence, kidnappings, thieving through houses and other aggressive acts.
Not to label all Syrian opposition as al-Nusra types, some are far more secularist. However the UN report did find that Nusra’s presence has seemed attractive compared to others, explaining part of the increase in size of the faction. “Foreign fighters with jihadist inclinations, often arriving from neighboring countries, continued to reinforce its ranks,” the UN-sponsored report notes.
A prominent al-Qaeda leader Ayman al-Zawahri told Syrian rebels to unite behind each other on Thursday. Zawahri said, “Lions of the Levant, unite around this honorable goal and rise above party affiliations,” while calling out the US for wanting to influence the region. “America, its agents and allies want you to shed your blood and the blood of your children and women to bring down the criminal Baathist regime, and then set up a government loyal to them and to safeguard Israel’s security,” Zawahri explained, calling for the solidarity of Syrian rebels to combat such opposition.
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A Political Problem-Not an Economic Problem-Catherine Austin Fitts
0Source: http://wchildblog.com
A Political Problem-Not an Economic Problem-Catherine Austin Fitts
By Greg Hunter, USAWatchdog:
Investment banker Catherine Austin Fitts sums up the historic global financial problems by saying, “We have a group of people who have the power to act with impunity.
They are above the law. They are centralizing and consolidating economic and political power. We have a political problem. We don’t have an economic problem.” Fitts’ analysis shows, “We’ve been on a debt model, and now we’ve got to get the planet on an equity model. . . .You are going to do everything you can do to get people into equities. Slamming precious metals down helps do that.” But Fitts says that won’t stop the gold bull because China and the rest of the world are buying the yellow metal. Fitts contends, “What that means is there is going to be a much more broad-based bull market in gold. . . I think it’s going to more of a sound money system, and gold is going to be a part of that.” Not everybody wants to be brought into the so-called new world order. Fitts predicts, “Remember, to come out with a one world currency, you need everybody. There can be no leakage. There can be no exceptions. The Russians are determined to be the stinker at the party is what I think.” Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts, founder of The Solari Report.
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Related post:
Basel III: How The Bank For International Settlements Is Going To Help Bring Down The Global Economy
International Law? A Corbett Report Exposé on The Rational Lie of International Criminal Law
0Source: http://xrepublic.tv
Truth. Justice. Accountability. The idea of an international rule of law appeals to our innate sense of justice, but the most horrific plans are often cloaked in the most beautiful lies. Just as the ideals of international law are used to cloak the imperial ambitions of the globalists, so too is the idea of seeking justice in these controlled courtrooms a phoney pipe dream. Join us today on The Corbett Report as we explore the only real solution to this problem: removing the bodyguard of lies from the power elite and to withdrawing ourselves from the systems that seek to legitimize their rule.
China increasing Saudi Arabia oil imports by 11% in 2013. Joint 10 Billion venture in Saudi Red Sea Coast. London begins Swaps of Yuan.
0Source: http://sherriequestioningall.blogspot.com

Ever since the 2008 crisis, China has been positioning itself and it’s currency to be the Global Reserve Currency. The BRICS began trading in the Yuan between themselves last year. Australia is trading with China in the Yuan. China does things slowly but surely.
I have been writing about China and what they are doing the last couple of weeks. From the expectation of their demand for gold outstripping the supply by 2015, IMF using the words and confirming “Global Reserve Currency” for the Yuan, and China, itself using the words “Global Reserve Currency” for the Yuan. All of this information was just in the pass couple of weeks.
I found information in Arab news, China will be increasing their oil imports from Saudi Arabia this year by 11%. They will be importing 120,000 more barrels per day than in 2012 to be 1.17 million barrels per day, from Saudi Arabia.
To give you an idea what the U.S. imports from Saudi Arabia, I found that information here.
The U.S. imports approximately 1.319 million barrels a day (from Nov 2012 info) from them. In November, U.S. imports decreased 38 thousands barrels from the month before. Here are facts about Saudi Arabia and their oil business overall.
If you look at the numbers China is catching up with the U.S. in their imports of oil on a per day basis from Saudi Arabia. When you look a the numbers over all, you can see the U.S. has stayed steady and has had some declining oil demand compared to China having increasing oil demand.
Why look at all of this together? Why try and analysis what China and Saudi Arabia are doing?
To me, those two countries are the key to the dollar demise. They are countries to watch very closely and read in-between the lines in what new business and joint ventures they are doing together. To me the smart thing to do to know what may lie just ahead and to position yourself for the future by getting hints, is to dig into what is happening with China and Saudi Arabia.
Here are portions from the Arab News article: (this was written in December of 2012)
BEIJING: China’s crude oil imports from Saudi Arabia are likely to rise about 11 percent next year (2013), faster than this year’s growth rate, as refiners lift output in anticipation of an economic recovery and an increase in fuel demand, industry officials said.
China, the world’s second-largest crude consumer, is expected to buy about 1.17 million barrels per day (bpd) of Saudi oil next year, 120,000 bpd more than this year’s contracted amount. The figures are based on estimates by industry sources with direct knowledge of the supply situation.
China, which imports about 5.3 million bpd of crude a year, is Saudi Arabia’s third largest customer after the US and Japan. In the year to October, imports from Saudi grew 8.6 percent on the year to 1.06 million bpd, compared to growth of 12.6 percent in 2011.
China sees Saudi Arabia, the world’s top oil exporter, as a strategic partner capable of providing stable supplies, and the state energy companies of both nations are in a $10 billion joint venture to build a 400,000-bpd refinery on Saudi Arabia’s Red Sea coast.
China’s crude oil demand is one of the factors propping up global crude prices, at around $100 per barrel . This year, China’s oil demand is forecast to grow just 2.8 percent in its slowest pace in more than a decade, the International Energy Agency says, due to a slowdown in the economy, but there are signs of a revival next year.
Sinopec Corp, Asia’s largest refiner, would take in more than 80 percent of the total Saudi supplies to China. China’s No.2 refiner, PetroChina, and state-run Sinochem Corp, will use up the rest, the sources said.
“Sinopec’s imports of Saudi crude have been increasing steadily over the past years and are expected to rise further as Sinopec’s refining capacity will rise steadily over the next few years,” said one Chinese trader.
All of the countries are upset with the U.S. for printing dollars in the billions every month. There are currency wars happening around the world, even though countries came out of the G20 meeting in Russia this last weekend saying “No Currency war.”
Portions:
“We have not seen any such thing as a currency war. We’ve heard currency worries, not currency wars,” IMF Chief Christine Lagarde said at the forum.
“I see no serious grounds for currency wars but the crisis made all countries fear national protectionism. Some countries attempted to heal the crisis with money printing and this lead to debt troubles.”
This makes analysts say that it’s too late to renounce currency wars as they are already in full swing, says Mikhail Delyagin, the head of the Institute of Globalization Problems.
“These wars are being waged for years and everybody seems to have forgotten about their main player – the US. America is great at devaluating its dollar and, thus, hampering other traders. It’s a zero or even a minus-sum game as this time a participant’s loss is greater than the other participants’ gain. And the main thing is that the participants keep changing places.”
China is making the Yuan a Global currency very slowly and here is a good explanation why.
“If the currency is regulated by the government not by the situation on the market it cannot function as a global currency in economic relations. In order to make it a global currency it is necessary first of all to turn it into a market currency. If it happens the Yuan rate will double in comparison with its current rate and the competitiveness of Chinese goods will see a drastic decline.”
They are positioning themselves for the Yuan to be a traded currency. Another major step was just taken in London this week.
Small portion:
A BANK of England pledge to help London become a global trading center for the yuan has stirred talk of a revival in the city’s fortunes, similar to the explosion of the US dollar market in the 1960s and 70s.
In what many bankers saw as a pivotal move, the central bank said last month it was ready ”in principle” to adopt a currency swap line with the People’s Bank of China, providing a two-way pipe to the city as the still-unconvertible yuan starts to emerge as a world reserve currency.
Britain would become the first major developed economy to install a currency swap line with China, replicating existing arrangements available for the dominant freely-traded currencies such as the dollar, euro and yen.
China has agreed swap lines with more than 15 other countries but these tend to be emerging economies that have natural resources or goods used in manufacturing to export. The list does not include major industrial powers such as the United States,euro zone countries or Japan.
However, in a deliberate push to internationalize the yuan, or renminbi, China has beendeveloping an offshore market for it, as a precursor to allowing global firms, banks andasset managers access to its domestic market.
So, are you reading between the lines here? London has just begun Swap lines with the Yuan. Last year the CME group began trading the Yuan in Chicago.
It is simply good sense to watch everything going on with China and the Yuan and to pay attention to all of their business in Saudi Arabia. The facts are… we are not going to be told a few months before when Saudi Arabia begins trading directly with China in the Yuan. It will be an overnight event/statement. It doesn’t seem that China is quite ready for the Yuan to be the total reserve currency at this time, but they are definitely working that way. When it happens they will have protections in place that will not blow up their trading balances around the world. They are very careful and know exactly what they are doing.
When they have everything in place, we will not be warned in advance. People in the U.S. will wake up, one Monday morning to the shock of the dollar being replaced around the world by the Yuan. That day the dollar will go “Zimbabwe.” It will be a catastrophic event in the United States as the rest of the world breathes easier and can use a ‘gold’ backed currency to trade with. But to those paying attention and not being distracted by the fake news on MSM, they will not be shocked and have already protected themselves for the eventual outcome.
People need to stay paying attention to what is happening in China. I will be watching every day for news out of that area and their trading partners to get hints on when the “Big” day will arrive for the Yuan. We will know that day, when Saudi Arabia makes an announcement about how they will continue trading oil and in what currency.
A little extra news tidbit from Russia…. the manipulation of Gold prices and how it is ready to surge.
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For more detailed reports visit Sherrie at http://sherriequestioningall.blogspot.com/










This is a work in progess, a self learning tool and fun little project. Please excuse the slow development as it seems the needed proper time is always lacking. It is my hope that the combination of content and links to other sources of information in this simple blog may help awaken a few of the sleeping masses and encourage and inspire others to initiate their own research, ultimately for each person to be a light to help awaken others. Opinions expressed belong to me, myself and I. Also, a big thank you to all that take the time to visit, it is appreciated :)













