A World at War - Part 3 - Rise of China

On the other hand, as a warning shot, indexing quickly forgonh ahead of Chinese superiority, SHE plans to market electric flying vehicles ( cars) by 2024.

What happened to US ingeniouty and capacity?

We have gotten used to a hundred years of PAX AAMERICNA.

(Of course figuring Chinese uppmenship as braced around present US control of world financial markets and present military superiority

But how long could such determined superior control last? The objective premise of such coincides with the long held theory of the NWO.

Here is China’s effort to overcome at least one prong, the superiority of the leading currency, the dollar:

Currency and control: why China wants to undermine bitcoin :

"Beijing’s crackdown on cryptocurrencies has captured headlines, while behind the scenes its reserve bank set up its own digital currency

Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of bitcoin and other cryptos.

But while the argument rages about whether the volatility of cryptos is a sign of fundamental weakness or merely a bump along the road, the initiatives coming out of Beijing are being seen by experts as a sign of China’s attempts to incubate its own fledgling e-currency and reboot the international financial system.

The People’s Bank of China aims to become the first major central bank to issue a central bank digital currency. While the PBOC’s counterparts in the west have taken a more cautious approach, it has held trials in several major cities including Shenzhen, Chengdu, Shanghai and Hangzhou.

Cryptocurrencies’ dream of escaping the global financial system is crumbling | Quinn Slobodian
The benefits of an e-currency are immense. As more and more transactions are made using a digital currency controlled centrally, the government gains more and more ability to monitor the economy and its people.

The rollout is also seen as part of Beijing’s push to weaken the power of the US dollar, and in turn that of the government in Washington. China believes that by internationalising the yuan it can reduce its dependence on the dollar-dominated global banking system, just as its Belt and Road Initiative is building an alternative network of international trade.

Alarm in western governments is such that the threat posed by the digital yuan, which could put China out of reach from international financial sanctions, for example, was discussed at last month’s G7 meeting.

But another crucial motivation is the increasing alarm in Beijing at the size of the crypto industry in China, where a huge amount of cryptocurrency was being “mined” until the recent crackdown.

The threat of an unregulated alternative monetary system emerging from blockchain technology is a clear and present danger to the Communist party, according to observers.

Jim Cramer, a former hedge fund manager and CNN business expert, said the government in Beijing “believe it’s a direct threat to the regime because … it is outside their control”.

Seen from the perspective of central banks, cryptocurrencies are a threat to financial stability, argues Carsten Murawski, professor of finance at the University of Melbourne in Australia, and if digital currencies are to be developed then authorities want control.

China’s vast bitcoin mining empire risks derailing its climate targets, says study
“All central banks want to control them – the PBOC, the US Federal Reserve, the European Central Bank,” he says. “They have no interest in parallel currencies floating around. Some countries may not be too worried but in China it could be more of a concern.”

On Thursday, Fan Yifei, a deputy governor of the PBOC, said China was concerned about the threat posed by these digital currencies developed outside the regulated financial system. “We are still quite worried about this issue, so we have taken some measures,” Fan said.

The value of bitcoin shot up to a record high earlier this year of almost $65,000, having been worth less than $10,000 in the middle of last year, sparking a frenzy of interest in the cryptos as an investment to hedge against more traditional assets such as stocks and bonds. Comments by Elon Musk, the boss of Tesla, that he would not allow bitcoin to be used to buy his cars added to the volatility and it is now trading in the low $30,000s.

But that has also attracted the attention of authorities such as those in China concerned about the largely unregulated market.

“In many countries it is completely unregulated – it is the absolute wild west,” says Prof Murawski, who also pointed out that there might not be the usual legal avenues to pursue if people thought they had been defrauded.

“So that’s another reason to control cryptos: to protect the consumer. Uninformed investors could lose a huge amount of money.”

A technology trader advertises high-speed computers that can be used for cryptocurrency ‘mining’ in Hong Kong. Photograph: Alex Hofford/EPA
In China, the rollout of the digital yuan has speeded up this year in tandem with the outlawing of crypto trading. In May, the PBOC banned banks from doing business or providing accounts for anyone trading in cryptocurrencies. It was followed by the outlawing of bitcoin mining in several provinces, including Sichuan. On Tuesday, China’s central bank warned companies against assisting cryptocurrency-related businesses as it shut down a software firm over suspected involvement in digital currency transactions.

Fan said on Thursday that cryptocurrencies such as bitcoin had become “tools for speculation” and were bringing potential risks to financial security and social stability.

Online businesses have been allowed to prosper in China, but the government in Beijing has been ruthless in cutting them down to size if they appear to be getting too big to control. Jack Ma, the high-profile billionaire founder of the Alibaba empire, disappeared abruptly from public view for months last year, and his company was fined and ordered to downsize. Regulators have also targeted tech giants Tencent and Bytedance, the respective parents companies of WeChat and TikTok, and this week ordered ridesharing app Didi be pulled from app stores and launched an inquiry.

Dong Shaopeng, a senior research fellow at Renmin University of China in Beijing, said some online industries such as cryptocurrencies had reached an “alarming” size.

“It’s time for the government to block such transactions from capital sources, so that money will stop flowing from real industries to those transactions,” Dong told the Global Times.

‘I put my life savings in crypto’: how a generation of amateurs got hooked on high-risk trading
Prof Murawski says yet another reason why China wants to clean up the cryptocurrency business on its own patch is the possible threat to the electricity system.

The process uses a huge amount of electricity and has tended to be set up in areas where cheap power is available. In China that has included Sichuan, which benefits from abundant and cheap hydro-electric power. But as profits rise thanks to the popularity of cryptos, governments may becoming less willing to allow miners to accrue huge benefits from a system that uses so much electricity it can threaten the stability of the power grid.

The crackdown on cryptos is not limited to China. Britain’s financial regulator said last month that Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform.

But cryptos remain an extremely attractive asset for many investors who see nothing to fear from China’s crackdown and that mining will simply migrate to other more accommodating jurisdictions with little impact on the market."

BitcoinCryptocurrenciesAsia PacificChinese economyfeatures

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so what’s left to remain practically unchallenged?

The last prong, thr US milittry. But it is to the ’ Eastern ( developing) front, that the US continues to be taxed by an overburdened military, much the way the British Navy was considered to be unbearable in the 19t h century. No one wants real war, but to this naive enough, symbolic gestures , such as those posted by North Korea’s claim to have successfully launched an ICBM scalable of striking the US mainland, is ample strategic evidence.

So early symbols of assault are forthcoming as well.

No wonder Biden has a very tough role here with international relations with China. Russia, on the other hand, is becoming fair game, because of her. prior & present delimma over Chinese duplicity.

The war to decimate the US continues beyond removing the southern skin of the body and rolling the US in the diseased dirt as China and the globalist’s puppet O’Biden regime disrupt and dismantle the US’s transportation infrastructure - hoping to destroy the Holidays (and the economy they represent) - especially Christmas - for all US patriots.

At some point I think they have to disrupt or destroy the communication infrastructure beyond merely downing Facebook for a day. They have already declared that parents have no say in what the government teaches children and will be prosecuted for objecting.

– anything to prevent the resuscitation of a constitutional republic in the New World.

Ob u don’t understand what’s going on. This is all over ur head. If Biden and China don’t take over the world, there will be a malthusian catastrophe on a global scale on or around the year 2057… if my calculations r correct.

:laughing:
What kind of delusional bubble have You mustard up? :-k

Even before that watch for signs during the 2022 elections

The development of the Chinese Communist Party’s China since Chairman Mao until now.
[youtube]https://www.youtube.com/watch?v=St9IxZO1VGs[/youtube]
[youtube]https://www.youtube.com/watch?v=DdfOiWHS2Dw[/youtube]
They are long - so only for those interested.

China went from a “developing country” (meaning they had been ignoring the military and economic advancements of the West) to an aggressive challenger for global domination - using anything that works.

There is really no end to the Malthusuan problem, a previously mysterious , underdeveloped, problem that since exploded into the exterior, that can not be ignored , since it challenges world peace.

The humongous problem with explosive Chinese population control was previously solved by a simple but useful method:

Little boy babies were spared and prayed for , cause of their work-ability, whereas tiny little girls were drawned in the river.

How about that for a means not to concern with abortive measures well debated in the West?

Didn’t you freaks hear?
The US will last forever…it is the Last Empire, full of Last Men.
After comes Armageddon. I read it as a prophesy - a self-fulfillnig prediction. It’s all in a book, by the book, for the book.
All I have are book smarts.

No street smarts, like Pedro, the blossoming cRap star.
He disappeared when Brian informed him he wasn’t going to be a famous cRap fArtist.
It hurt bad, after so many years of being told, by the guru, that he was gifted and would make it big.
Failed dreams become hobbies, and then embarrassing anecdotes we share with friends and loved ones before we die.
Naïve dreams…are swept under the carpet, never to be spoken of, never to be recalled.

Such is the way of men-children.

Whoever speaks of a Malthusian problem always presupposes that it exists.

Malthus has not only miscalculated, but he has also - out of fear of the proletariat (today: precariat) - relied on his likewise wrong conclusions.

And once, the “nice guy” Mao went to the “nice guy” Stalin and asked him to take military action together with him against the “capitalist world”, i.e. to start a world war, because he could calmly sacrifice half a billion Chinese.

Ukraine War Shows West’s Dominance Is Ending as China Rises, Blair Says
By Reuters Wire Service Content • July 17, 2022, at 4:19 a.m.

By Guy Faulconbridge

LONDON (Reuters) - The Ukraine war shows that the West’s dominance is coming to an end as China rises to superpower status in partnership with Russia at one of the most significant inflection points in centuries, former British Prime Minister Tony Blair said.

The world, Blair said, was at a turning point in history comparable with the end of World War Two or the collapse of the Soviet Union: but this time the West is clearly not in the ascendant.

“We are coming to the end of Western political and economic dominance,” Blair said in a lecture entitled “After Ukraine, What Lessons Now for Western Leadership?” according to a text of the speech to a forum supporting the alliance between the United States and Europe at Ditchley Park west of London.

“The world is going to be at least bi-polar and possibly multi-polar,” Blair said. “The biggest geo-political change of this century will come from China not Russia.”

I was wondering if anyone remembered this thread. :wink:

_
What is China doing, that is even hinting at any of this happening?

The ‘not new’ Russia/Ukraine debacle, has been weaponised by the West… what’s next! oh yea, China… as enemy number one.

It is sad to think that you are not just kidding.

China has been using extortion to take over countries all over the world – their “belt and road initiative”.

  • They have built up a navy larger than the USA - largest in the world.
  • They forbid other nations from speaking against them else they economically attack.
  • They steal technology more than any country except possibly Israel.
  • They have warned the USA to stay away from the effort to take over Taiwan “or risk all out war”.
  • They have been kicked out of places in the USA for espionage.
  • They have tried to take land from India - but India fought back.
  • They have made military pacts with Canada
  • They are buying up massive amounts of farm land in the USA (and near military bases).
  • They have publicly stated that they are going to be the only sovereign nation in the world and replace the USA as the dominate power.
    … And more…

Not to mention their COVID attack and guess who is currently working on Monkey Pox? - None other than that same Wuhan lab in China (why not - the West isn’t going to do anything to stop them).

So you’re saying we should consider the American business owners that sold out to China as “traitors” and hang them in the streets?

American business owners sold the United States to China for personal gain. The US has what, GM and Ford left, of which most of that is made in Mexico?

Anything to save a buck, right? Ruin your country in the name of personal gain. I think they call that treason, punishable by DEATH!

What’s Jewish about it you stupid cuck?

China was going to outcompete the USA anyway, the only question was whether the businesses running Chinese manufacturing would be Chinese or US American owned.

Blame your politicians for making it prohibitively expensive to operate in the US. Made in USA is still globally recognized as a seal of quality. Bunch of ultra skilled workers sitting on their asses.

As a party - they are famous for it throughout Europe you snowflake - and right now are very obviously in lockstep with the globalists (Sen Schumer - a very serious liar - as merely one example from the unified group).

US public corporations are required by law to be dollar chasing robots. They are obligated to make the most money for their shareholders - regardless of personal profit – so that crock don’t bite.

Guess who made those laws? Not the CEO’s - not the shareholders – politicians - getting personal gains by doing so - a great many of whom are compromised by China and the surveillance state.

And corporations making money in China wasn’t the issue - it is how they are making that money.

So now you are a prophet? You know when to jump into the future? You knew COVID would come and be squashed so quickly? Zookers!

The CCP thought the US would lose over 1/3 of its population over at least 5 years to COVID (that is what Dr Fauci promised them) – they didn’t expect - or appreciate - Mr Trump and Warp Speed.

Edited: Corrected quote name.

Actually I did. Not because I am a prophet, but because it didn’t take a genius. A manufactured crisis will have a duration to coincide with the issue it is used to address.

Why are you putting my name on things I didn’t write?

I otherwise agree with your retort.

As a party?

What a dumb motherfucker you are. Like Ilhan Omar you are, exactly.

Chuck Shumer by the way who is an anti Zionist. Self hating Jew.

There is so much wrong with this it is hard to know where to start.