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Can China Dethrone the US Dollar as Global Reserve

Can China Dethrone the US Dollar as Global Reserve

As a result of this ‘trade war’ China has let the yuan slide versus the USD which is a warning to Trump, specifically Mnuchin.

On the US dollar as reserve currency, that is a tough thing to break especially for China since the yuan is not freely convertible. China has renminbi and yuan; one they peg to the dollar and the other is circulated in China. Try converting USD to yuan in Paypal for example?  The option is not there. Payments from the west to china sellers by Paypal (for example) are only in dollars.

It is a complex subject since China is the only foreign nation with a direct link into the US Treasury for purchase of US debt instruments, bypassing the Fed’s crooked relationship with its crooked primary dealers. This is done to manage China’s global trade relationships via the value of its currency which is somewhat pegged to the dollar (even if China and Trump claim otherwise) thus evading Federal Reserve gamesmanship. That’s why Trump messing with China is so dangerous, even if China has few options right now.

As a result of this ‘trade war’ China has let the yuan slide versus the USD which is a warning to Trump, specifically Mnuchin, popularly known as one of the most slippery dealers (IndyMAC and One West) to ever walk the earth (and China knows that). China is hoping that a lower yuan will offset tariffs just as the US has ‘weaponized’ the dollar and has imposed sanctions and tariffs on China. Because the sums are so vast with China holding so much US debt, and because China depends on exports to the west, China is somewhat boxed in.

…click on the above link to read the rest of the article…

Former NSA Tech Chief Says Mueller Report Was Based on CIA-Fabricated ‘Evidence’

Former NSA Tech Chief Says Mueller Report Was Based on CIA-Fabricated ‘Evidence’

NSA whistleblower, former NSA technical chief, Bill Binney, says CIA created the ‘evidence’ for the Mueller Report’s allegation that Russia had hacked DNC.

BILL BINNEY: I basically have always been saying that all of this Russian hack never happened, but we have some more evidence coming out recently. We haven’t published it yet, but what we have seen is that there are at least five items that we’ve found that were produced by Guccifer 2.0 back on June 15th, where they had the Russian fingerprints in them, suggesting the Russians made the hack. Well, we found the same five items published by Wikileaks in the Podesta emails. Those items do not have the Russian fingerprints, which directly implies that Guccifer 2.0 was inserting these into the files to make it look like the Russians did this hack. Taking that into account with all the other evidence we have; like the download speeds from Guccifer 2.0 were too fast, and they couldn’t be managed by the web. And that the files he was putting together and saying that he actually hacked, the two files he said he had were really one file, and he was playing with the data; moving it to two different files to claim two hacks. Taking that into account with the fabrication of the Russian fingerprints, it leads us back to inferring that in fact the marble framework out of the Vault 7 compromise of CIA hacking routines was a possible user in this case. In other words, it looked like the CIA did this, and that it was a matter of the CIA making it look like the Russians were doing the hack. So, when you look at that and also look at the DNC emails that were published by Wikileaks that have this phat file format in them, all 35,813 of these emails have rounded off times to the nearest even second...

…click on the above link to read the rest of the article…

Politics: The Cancer that must be Eradicated once and for all

Politics: The Cancer that must be Eradicated once and for all

In the United States two political parties have now divided the nation with the kind of violent partisan rhetoric that erupted just before the Civil War.

The 2016 election of Donald Trump as president set off a tidal wave of anger and resentment that has divided America into two bitterly opposed camps. Those on the left consider Trump to be the embodiment of evil whereas many on the right see him as a “disrupter” and champion of the common man. The recent mid-term elections revealed that this conflict between pro-Trump and anti-Trump forces continues unabated. The political divide in America now is characterized by revenge-minded Democrats who are determined to remove Trump from office and those who will fight to prevent this from happening. As a result, the country will be mired in a lengthy political power struggle while important issues affecting the lives of millions will be neglected. America – sad to say – is currently a nation in crisis.

If a team of scientific crisis management experts were assembled to assess the cause of this problem they would surely arrive at the conclusion that it is “politics” pure and simple. The solution, therefore, would be the abolition of all political parties.

This is actually not a new idea. The French philosopher Simone Weil made this suggestion more than seventy years ago. This seemingly radical proposal has been resurrected and supported by the award-winning Canadian journalist Andrew Nikiforuk. As he pointed out this past summer:

“In the United States two political parties have now divided the nation with the kind of violent partisan rhetoric that erupted just before the Civil War. Across the Western world, political parties have turned parliaments into digital circuses, provoking waves of contempt among ordinary people…

…click on the above link to read the rest of the article…

Edward Snowden: 5 years in Russia and still relevant as ever

Edward Snowden: 5 years in Russia and still relevant as ever

Edward Snowden changed the practices of both the internal and external focused US and global intelligence agencies.

TASS reported that August 1 was the five year anniversary of Edward Snowden’s being granted temporary asylum in the Russian Federation. This happened after his release of an enormous trove of information showing clandestine and illegal practices being carried out by the US intelligence agencies to gather information on just about anyone in the world, for any – or no – reason at all.

Edward Snowden, 35, is a computer security expert. In 2005-2008, he worked at the University of Maryland’s Center for Advanced Study of Language sponsored by the National Security Agency (NSA) and at the global communications division at CIA headquarters in Langley, Virginia. In 2007, Snowden was stationed with diplomatic cover at the US mission to the United Nations in Geneva, Switzerland. In 2009, he resigned from the CIA to join the Dell company that sent him to Hawaii to work for the NSA’s information-sharing office. He was particularly employed with the Booz Allen Hamilton consulting firm.

In June 2013, Snowden leaked classified information to journalists Glenn Greenwald and Laura Poitras, which revealed global surveillance programs run by US and British intelligence agencies. He explained the move by saying that he wanted to tell the world the truth because he believed such large-scale surveillance on innocent citizens was unacceptable and the public needed to know about it.

The Guardian and The Washington Post published the first documents concerning the US intelligence agencies’ spying on Internet users on June 6, 2013. According to the documents, major phone companies, including Verizon, AT&T and Sprint Nextel, handed records of their customers’ phone conversations over to the NSA and the Federal Bureau of Investigation (FBI), who also had direct access to the servers of Microsoft, Yahoo, Google, Facebook, Skype, YouTube, Paltalk, AOL and Apple.

…click on the above link to read the rest of the article…

Italy challenges the Western order

Italy challenges the Western order

The EU is under a lot of strain

With a massive influx of immigrants from across Africa and the Middle East, and growing poverty, Italy voted in a populist government representing policies which would seem to virtually overturn the postwar European order.

The austerity measures which have been imposed upon the Italian people have pushed more and more of them down into poverty, with the poverty rate doubling over the course of the past decade.

Relative to migration, Italy is one of the Southern European countries taking the brunt of the migrants who are flooding into Europe by the thousands, helped along by various NGOs which seek to alter the demographic makeup and economic and political order of Europe under the guise of humanitarianism.

The present economic metrics tend to perceive the profits of multinational corporations as a gauge of the health of the economy, rather than the economic situation on the ground level, faced by the Italian citizen. All of these and more are things which this new government has a view towards radically changing.

To combat Austerity, which may be tossed out the window, the option on the table is to review treaties to which Italy is partied which impose or advise them. Rather than gutting the population for the money which the government needs in order to cover obligations to multinational financial interests, a proposal was broached of launching a universal basic income, reduction in the pension age, as well as a flat tax system.

And while the migrant policy is still evolving, it has had a view towards repatriating the migrants which are already within Italy’s borders. Italy has already flexed its will on the migrants issue over refusing a ship full of migrants port in Italy, forcing it to set sail for Spain.

…click on the above link to read the rest of the article…

Putin quotes Einstein: ‘WW3 would be the end of civilization’ (Video)

Putin quotes Einstein: ‘WW3 would be the end of civilization’ (Video)

Putin: WWIII may be end of civilization, and that should restrain conflicts

Russian President Vladimir Putin held his annual televised question-and-answer session, with over two million questions submitted from Russian citizens.

This year’s event is Putin’s 16th Q&A.

One question Putin received referenced the new cold war between East and West, and whether this could lead to a hot World War 3.

Putin noted that such a scenario would be “an end of civilization” event, and awareness of this should be enough to restrain international powers from engaging in global conflict.

Putin quoted Albert Einstein – “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”

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Via RT

As of Thursday morning, over 1.9 million questions have been submitted, according to Interfax, and the number keeps growing. The annual event, which is officially called ‘Direct line with the president,’ has been scheduled ahead of the 2018 FIFA World Cup, which kicks off on June 14.

This year there will be no audience at the venue and the questions will be asked not only by phone but also using interactive screens in the studio. The president will have a huge screen in front of him on which he will see text and video messages.

The Q&A session has become an annual tradition in Russia, in which the president answers questions submitted by people throughout the country. Traditionally, the Q&A focuses mostly on domestic issues, such as healthcare and economic development, but the Russian leader also often comments on global affairs.

Putin’s first Q&A session was held in December 2001, and he continued them as a prime minister. This year, Putin will host the 16th session. The longest event so far lasted 4 hours, 47 minutes.

6 simple reasons why Trump is going to war in Syria

6 simple reasons why Trump is going to war in Syria

Attacking Syria has nothing to do with values and democracy.

POTUS Trump knows that the chemical attack in Syria is a hoax and false flag.

The mainstream media knows that the chemical attack in Syria is a hoax and false flag.

All of Congress knows that the chemical attack in Syria is a hoax and false flag.

The entire world knows that Assad is not that stupid (he is a doctor and ophthalmologist) so as to gas women and children at the very moment he is winning the war in Syria…launching a chemical weapons strike for shits and giggle, moments after Trump announced a US pullout from Syria.

Here are six very simple reasons why Trump will go to war in Syria, all of which have nothing to do with a trumped up “heinous” chemical attack from an “animal” dictator, or spreading democracy to the Middle East…


1. The Petrodollar (via comment on The Gateway Pundit):

“The Chinese have recently issued the gold backed Yuan, which they, and others, have vowed to use to sell/purchase oil (amongst other things).

The last two nations that tried to introduce a currency to compete against the petrodollar were Libya and Iraq. The US needs that pipeline through Syria even more than ever now, especially if they are to compete for European gas/oil markets (presently controlled by Russia and their pipeline) and the Chinese Yuan.

But i’m sure none of that has anything to do with it…”

2. John McCain and the MIC:

McCain is the Deep State president, and the number one war salesman for the military industrial complex.

Where ever John McCain goes, war follows.

…click on the above link to read the rest of the article…

Russia demolishes UK poisoning hoax during emergency security council meeting (Video)

Russia demolishes UK poisoning hoax during emergency security council meeting (Video)

Russian UN envoy exposes UK poisoning hoax during security council meeting.

Russia’s UN envoy blasted the UK’s attempt to blame the poisoning Sergei and Yulia Skripal on Moscow, describing the entire hoax as a “theater of absurd.”

The extraordinary UN Security Council meeting was requested by Russia, following the announcement made by the secretive British Porton Down chemical laboratory, that it had not established that the Novichok nerve agent used in the poisoning was of Russian origin.

According to RT, top British officials explicitly cited the Porton Down laboratory when pinning the blame on Moscow, so following this revelation their theory started to fall apart, said Vasily Nebenzia, noting that the UK’s secret agencies rushed to help the government, producing new claims based on some “intelligence data.”

Nebenzia asked a series of questions pointing to inconsistencies of the UK’s narrative.

“I don’t even know how to comment on this. It’s some sort of the theater of absurd. You couldn’t have come up with better fake story?”

“Why did we have to wait eight years and [then] decided to [attack the Skripals] two weeks before the elections and several weeks before the world cup? Why did we release him from the country in the first place? Why do that in extremely public and dangerous fashion.”

RT reports

The fact that the victims of the nerve agent, which is believed to be among the deadliest, managed to survive the attack has also raised serious questions, Nebenzia said. It could be explained only if an antidote had been administered to them immediately after the exposure. British officials, however, insisted that no antidote was used, since none existed in the first place. The Skripals managed to walk around for four hours after the exposure, according to the version by the British authorities, yet the police officer who found them lost consciousness immediately.

…click on the above link to read the rest of the article…

American hysteria over Russia will lead to nuclear war, according to report

American hysteria over Russia will lead to nuclear war, according to report

Russian media reacts strongly to the American Nuclear Posture Review, which tries to convince its readers that Russia is trying to take over the world

Russian television broadcast a dire sounding piece on February 5th that probably was rather disquieting to most Russians, and also a source of significant dismay to their hopes for a rapprochement in relations following the election of Donald Trump to the Presidency of the United States. The news agency “Vesti” explained that the US is preparing itself for nuclear war with Russia.

The US Department of Defense published its 2018 Nuclear Posture Review.  This consists of at least two documents that are public domain that detail the assessment the DoD made about nuclear threats from around the world.  The language about Russia is curious, for like Russia, the US repeatedly maintains that there is no desire for anything but good relations.

However, this is unfortunately either a blind claim or a willfully blind claim for the sake of propaganda.  Based on the insanity of the US government’s reaction or posture about Russia overall, with the military fears, the sanctions and the most recent incidents of the release of the “Kremlin list” of government heads and successful businessmen and women, and the close flyby of a Russian fighter jet to an American surveillance aircraft, the ever-present “RussiaGate” investigations; and the lack of visible insanity on the Russians’ side, it seems likely that the American version of what is causing the ‘need’ to resolidify ‘defenses’ is lacking in factual evidence and cannot be taken as conclusive or trustworthy.

Not that there is any precedent for this outrageous statement… and if you believe that…

The problem begins with a false premise:

…click on the above link to read the rest of the article…

Henry Kissinger says a “pre-emptive attack” against North Korea is a “strong” possibility

Henry Kissinger says a “pre-emptive attack” against North Korea is a “strong” possibility

Kissinger, “Temptation to deal” with North Korea “with a pre-emptive attack is strong”

Former Secretary of State Henry Kissinger has said that he agrees with the aggressive statements President Trump has made towards North Korea.

Kissinger also warned Congress last week against potential military intervention near Russian and Chinese borders without the world’s support.

The former Secretary of State said that the Trump Administration “will hit that fork in the road, and the temptation to deal with it with a pre-emptive attack” against North Korea “is strong, and the argument is rational.”

PJ Media reports

The Trump administration has signaled that North Korea would be crossing a red line if it developed nuclear capability for its intercontinental ballistic missile program. Yet some policy officials and military experts claim that North Korea has already crossed that line, or is at least very close to attaching nuclear warheads to its missiles.

Kissinger offered his thoughts on the impending “fork in the road,” in which the administration may consider pre-emptive military action or increasingly tighter sanctions against the regime.

“We will hit that fork in the road, and the temptation to deal with it with a pre-emptive attack is strong, and the argument is rational, but I have seen no public statement by any leading official,” Nixon’s secretary of State told members of the Senate Armed Services Committee. “But in any event, my own thinking, I would be very concerned by any unilateral American war at the borders of China and Russia, in which we are not supported by a significant part of the world, or at least of the Asian world.”

The current North Korean trajectory, Kissinger continued, could lead to nuclear proliferation throughout Asia, as he believes South Korea will not accept being the only Korea without nuclear capability. Japan will follow suit, he said.

…click on the above link to read the rest of the article…

CONFIRMED: North Korea has enough oil to survive embargo

CONFIRMED: North Korea has enough oil to survive embargo

While a full scale oil embargo against North Korea is unlikely, the reality is that North Korea would be able to survive such a measure with comparative ease.

The United States has recently suggested a global oil embargo against North Korea, something both China and Russia oppose. The DPRK’s neighbours to the north support UN sanctions against Pyongyang, but have firmly opposed unilateral US sanctions against North Korea.

Russia and China have made a commitment never to support sanctions against Pyongyang which could negatively impact on the civilian population of their neighbour and this would almost certainly include a full-scale oil embargo.

On the contrary, Russia’s plan to de-escalate tensions on the Korean peninsula is to develop trilateral economic initiatives linking South and North Korea to Russia. Given the realities on the peninsula, Russia’s ‘carrot’ is seen as preferable on both sides of the 38th parallel to Washington’s increasingly bellicose ‘stick’.

But even if Donald Trump was somehow able to convince the world to engage in an oil embargo against North Korea, North Korea would appear to have enough domestic oil reserves to make up for the loss of imports.

In addition to large reserves of domestic coal and the increased reliance on green energy in the form of hydroelectric power , North Korea’s domestic oil reserves are likely far greater than previous conservative estimates have indicated.

Even prior to the new threat of sanctions, North Korea has been increasingly self-sufficient in beginning to tap its still largely unused oil reserves.

In 2015, when relations between the DPRK and the rest of the world were somewhat better than they are at present, independent oil exploration expert Michael Rego investigated North Korea’s oil potential.

…click on the above link to read the rest of the article…

NATO places 300,000 troops on high alert, ready to attack Russia over fictional “cyber attacks” and “propaganda”

NATO places 300,000 troops on high alert, ready to attack Russia over fictional “cyber attacks” and “propaganda”

As the world remains fixated on the outcome of Tuesday’s US elections, NATO continues its aggressive troop build up around Russia.

With each passing day, the constant NATO activity is looking more and more like a preparation for full scale conflict with Russia. Something that would become a very real possibility should Hillary Clinton make it to the White House.

Secretary General of NATO, Jens Stoltenberg announced that NATO member nations are at this very moment putting hundreds of thousands of troops in a state of high alert, in an effort to deter the fantasy threat from Russia.

Stoltenberg said…

“We have seen Russia being much more active in many different ways.”

“We have seen a more assertive Russia implementing a substantial military build-up over many years; tripling defence spending since 2000 in real terms; developing new military capabilities; exercising their forces and using military force against neighbours.”

“We have also seen Russia using propaganda in Europe among NATO allies and that is exactly the reason why NATO is responding. We are responding with the biggest reinforcement of our collective defence since the end of the Cold War.”

The UK’s Examiner reports

Adam Thomson, the outgoing permanent representative to Nato, estimates that at present, it would take the military alliance 180 days to deploy a force of 300,000, and that speeding up this rate is of top importance.

The measures come in response to Russia flexing its military might abroad, allegedly conducting cyber attacks on Washington and holding nuclear war drills at home.

Last week, Moscow was seen as deliberately antagonising Nato by sending hundreds of paratroopers to a Serbian airbase despite Nato holding disaster relief exercises just 150 miles away in Montenegro.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
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