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Europe looks East by hiring better educated Chinese workers to get foothold in future economy

It is pretty much a given that the American empire had peaked in the 20th century and is on the steep path of decline.  While at the same time, China is rising in ascension towards becoming the next leader of the global economy.  Yet besides the shocking move by most European countries in joining the Asian Infrastructure Investment Bank (AIIB) in April, it appears another shift is taking place, and lays bar ...

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J.P. Morgan accumulating hundreds of millions of ounces while paper market price remains low

As we have noted many times in our writing, if you want to become rich, watch and do that the rich do when it comes to investments.  And despite the fact that banks like J.P. Morgan have used the paper Comex market to short the spot price and protect their paper derivative positions for several years now, one thing is for certain, they are not discounting ownership of physical silver and in fact, have accum ...

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Is the IMF trying to beat China in the creation of a new reserve currency?

Earlier this year, China announced that they will have their new SWIFT system fully functional by either September or October and can then fully float the Yuan currency worldwide.  Many are believing that once SWIFT is up for the world's largest economy then it will be the end of the dollar as the global reserve currency. However, a new report out from Stansberry Research is alleging that the IMF is not pla ...

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Obama denies China’s right to determine laws for future of global economy

Despite the resounding rejection of the U.S. and the West's monetary institutions by 57 major economies earlier this month, President Obama is choosing to double down on the failing empire by stating that it is America, not China, who should determine the future of the global economic system and write the laws that will function in the next monetary system.  In fact, the President's strong words come at a t ...

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If it wasn’t for America’s vassal state Japan, only the Fed would be buying U.S. debt

When China and Russia stopped buying U.S. debt and began dumping it through the offshore exchange known as Euroclear, the Fed needed someone else to step in to mitigate a complete monetization of their money printing activity.  So Washington called upon their only remaining vassal state capable of sucking new Treasury sales and conned Japan into replacing their pension funds with T-Bills. Japan now official ...

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Chinese still buying U.S. companies at record levels despite ‘recovery’

Both the media and Wall Street continue to preach the mantra of an economic recovery despite data that shows the U.S. has never truly gotten out of the Great Recession.  And if you remove the artificially stimulated equity markets built over time from tens of trillions of dollars of QE, the actual strength of corporate America is incredibly fragile and prime targets for takeover and acquisition. And of cour ...

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U.S. may have strongest currency, but China expected to have best economy in 2015

The talking heads continue report that the U.S. economy has recovered, and is the 'strongest' in the world right now.  But with housing starts lower, manufacturing and inventories down, and the shutting down of oil production biting into revenues and GDP, this propaganda is only being used to help keep the stock markets propped up and keep investors from moving their money into foreign markets. Yet perhaps ...

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As China prepares to open new SWIFT, EU countries flock to World Bank alternative

A little over a week ago, China leaked news that their alternative SWIFT system would most likely be online and fully functional near the end of the third quarter of 2015.  And now that the potential of a new global reserve currency comes within reach to supplant the dollar, European Union nations are suddenly flocking to another alternative, the AIIB, which is a direct competitor to the World Bank and curr ...

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In desperate move, SWIFT adds Russia to its board as a voting member

Two days after China announced they were within months of implementing their own version of SWIFT to compete and perhaps overtake the U.S. dollar as the globally recognized reserve currency, the West does a U-Turn and has accepted Russia as a voting member of their financial messaging and interchange system.  This move on March 11 comes just months after the U.S. threatened the Eurasian oil giant with being ...

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Even Americans no longer see themselves as the global economic superpower

In a new Gallup Poll out on March 2, only 17% of Americans believe that the U.S. is the world's number one economy that reigns globally as the primary economy superpower.  In fact, 80% of those polled believe the U.S. is just one of many economic powerhouses, validating that that integrated global system is now a daily reality in the American psyche. While half of Americans say it is important for the U.S. ...

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Global use of the Yuan as a trade currency continues to increase

Heading into March of 2015, the Chinese Renminbi (Yuan) continues to grow against the dollar in use as the second largest currency in global trade .  Measured in relation to documentary credit transactions or 'letters of credit', the currency is now being used in over 9% of all global transactions. Use of the Chinese Yuan as a major trade currency has increased tremendously over the past two years as dozens ...

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China responds to U.S. surveillance by putting Apple and Cisco on a ‘No buy list’

In a war against a fascist state, the best way to asymmetrically attack your opponent is through their wallets.  And since the U.S. government is now completely intertwined with banking and corporate hegemonies that not only write legislation (Obamacare), but provide guidance on such things as the Debt Ceiling, the Chinese are going for the bottom lines of companies to send a message on how they feel about ...

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