saw this commentary from an alternative news commentator we are in great danger - TikTok we are in great danger (part 2) What do you think? I know this is an important issue, but are they exaggerating about its importance? This does seem like the type of stuff that sets the prelude for future conflicts. Are we in danger of some sort of WW3 ? "What I'm about to show you is arguably the biggest story in the world right now, in my opinion, but it's being totally ignored by the mainstream media. Of course they don't want you to know about it because it will upend the global order. The U.S. just announced that they're getting ready for war with China and Russia simultaneously. The U.S. is quickly losing power. This week defense secretary Lloyd Austin announced their new 2024 military budget which aims directly at China. It includes a 40% increase in spending to be able to address the Chinese military threat. The Pentagon recently said China is "the most comprehensive and serious challenge to the U.S. national security strategy. video of Lloyd Austin speaking: 'This is a strategy driven budget, and one driven by the seriousness of our strategic competition with the People's Republic of China.' So U.S. national security is under attack because China is becoming an economic superpower. video of General Mark A. Milley speaking: 'Right now the international system is under stress. For the first time in the nation's history, the United States is facing two major nuclear powers, whose vital national security interests are in competition with the United States.' They're calling it their 'Pacific Deterrence Initiative'. We're going to deter China and Russia by provoking them in their backyards. The United States this week announced four new military bases will be built in the Philippines. The goal of these bases is for war with China. The Chinese war minister Qin Gang warned earlier this month that if the U.S. doesn't change its course on its military buildup in the Asia Pacific and other policies aimed at China, it will lead to conflict and confrontation. The U.S. is not going to back off for the following reason - and this is the most important part - Chinese President Xi Jinping and Russian President Vladimir Putin are about to alter the international power structure, and the monetary system. This is why we're getting ready for war. The biggest story in the world happened this week in Moscow and your mainstream media ignored it. Xi Jinping and Vladimir Putin signed 14 documents in their face to face meeting. The biggest had to do with trade and currency. The media wants you distracted from the U.S. banking crisis and the decline of the U.S. dollar." "Saudi Arabia openly talked about settling their oil trades in the Chinese currency, yuan. This would replace the U.S. dollar." Then they talk about how that will make it harder for the U.S. to put sanctions on other countries, and also how Saudi Arabia and Mexico are getting ready to join the BRIC alliance (Brazil, Russia, India, China).
I remember years ago an Economics teacher telling us that if the world ever dumped the U.S. dollar, it would lead to some serious inflation problems. Not only that but it would make the dollar experience twice as much inflation when they print more money than it does now. The U.S. wouldn't be able to get away with printing so much money (to maintain the U.S. national debt) if the rest of the world didn't want U.S. dollars. If the dollar were no longer the "world reserve currency", it would probably force the U.S. to have to make some big budget cuts. With big economic implications for Americans and American global military dominance.
Its not. We fool ourselves into thinking it is. Oil is the true world currency. And, gee, wouldn't ya know it... the Marxist progs want us out of it.
I have a hard time believing that theory. What good is oil in the ground after we destroy every entity capable of extracting and refining it, not to mention every way of transporting it? Plus our reserves aren't big enough to play the outlast game to any meaningful benefit, not even close.
Remember the time Biden said nobody fu*** with Biden? I guess China, Russia, Iran, and Saudi Arabia are laughing now.
Anti-Russia Alliance Splinters As Japan Buys Russian Oil At Price Above Cap; Others To Follow “It’s not as if Japan can’t manage without this. They can. They simply don’t want to.” So, pay the Saudi's a $100 a barrel or Moscow $65? What will the Western nations do?
The first two sentences of the quoted section of the OP, ""What I'm about to show you is arguably the biggest story in the world right now, in my opinion, but it's being totally ignored by the mainstream media. Of course they don't want you to know about it because it will upend the global order.", is standard boiler plate for conspiracy theory nonsense. Just as with appeals to 'common sense', it should be an immediate turn-off for anyone with at least minimal intellectual abilities. Regards, stay safe 'n well.
Right. Our historically high deficits are powered by the demand for dollars worldwide for other nations to trade in. If that wasn't the case, the world demand for dollars would drop, meaning to finance our deficit, the Fed would have to push interest rates higher, meaning the cost of our deficit (and debt) would skyrocket, forcing budget cuts or massive tax increases. In any case, the good times would be over for the American economy.
Joe Biden appears to have started the destruction of the petrodollar. how would getting rid of anyone other than Joe Biden fix the problem?
Weak relationships with our allies is the biggest danger to the petrodollar. Reestablishing and strengthening those relationships after tRaitor tRump all but destroyed them has been some of the most important work President Biden has accomplished.
Finland officially becomes a member of NATO, doubling the military alliance’s border with Russia Finland on Tuesday became an official member of the military alliance NATO, prompted by Russian President Vladimir Putin’s decision to invade Ukraine last year. The Nordic nation is the 31st country to join the alliance, which vows in its treaty that an attack on one of its members is an attack on them all. It’s a historic moment for Finland, which has followed a path of neutrality for decades. “Finland’s membership is not targeted against anyone. Nor does it change the foundations or objectives of Finland’s foreign and security policy,” Finnish President Sauli Niinisto said in a written statement Tuesday. His comments came shortly after the country’s foreign affairs minister, Pekka Haavisto, handed over all the accession documents in Brussels, at NATO’s headquarters, in the presence of the group’s secretary general, Jens Stoltenberg, and U.S. State Secretary Antony Blinken. https://www.cnbc.com/2023/04/04/fin...s-a-member-of-the-military-alliance-nato.html Trump's benefactor can't be happy about this.
Ya I just read that. I'd imagine a stern conversation or perhaps try to find Japan some cheaper oil elsewhere. Japan's economy is hurting right now.
Joe Biden isn't the group of authoritarian governments hell bent on destroying western hegemony. That was/is always going to be an issue. Trump couldn't have solved it. Amd trust me, I hate Biden. but the issue transcends his presidency.
If the earth was flat we wouldn't need road rollers If the rest of the world was hell bent on destroying America they would have done it years ago.
The parts of the world that want to destroy America couldn't years ago. Unless you count 9-11. There was no counter to our dominance until now. China poses an existential threat to both our hegemony and democracy. That being said, I think they have their work cut out and are currently at the peak of their power. But they are making smart moves. They are trying to build soft power through the guise of peace keepers and builders making us look out to be war mongers. We need to shore up South American diplomacy stat. Their economies are collapsing and China is just itching to create trade relations with them. We also need to get back to producing **** via automation.
