Wednesday, April 30, 2014

Economic War Of The Pacific - 3

This series began about four and a half years ago in October of 2009.

In that first post I quoted knowledgeable people concerning issues of the economic impact that Asian Nations, and specifically China, might have on the United States.

The economy of the future from the standpoint of Pacific Asian countries (Economic War Of The Pacific) and a follow up a few years later (Economic War Of The Pacific - 2) were concerns that our politicians never seemed to mention.

They were too busy trying to steal our Social Security, Health Care, and our safety net from us, by blaming the middle class and poor for what they were doing as puppets for the Epigovernment.

Almost exactly five years later, I followed up with The Government Catastrophe Has Already Happened, pointing out that while officials in the U.S. government squabble and waste our wealth and time, our reputation in the world plummets (Decline of U.S. Reputation - Why?, She's Come Undone).

During that time other Dredd Blog Series added details (First Shots Fired In The Currency Wars, Phase Five Of The Currency Wars? - 3, Clash of the Titans of Export, Clash of the Titans of Export - 2, and the like.

Regular readers know that Dredd Blog had the direction things were going clearly in sight:
The US is on the brink of losing its status as the world’s largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world’s leading statistical agencies.

The US has been the global leader since overtaking the UK in 1872. Most economists previously thought China would pull ahead in 2019.
(Financial Times; or Voice of America). This new estimation written about in a report by the International Comparison Program, which is part of the United Nations, puts the date about five years earlier than previously expected.

Meanwhile, the propagandists of McTell News want us to get militant in Syria, Iran, and the Ukraine.

It is as if they have been planning the American decline all along (A Decline Of The American Republic - 3).

The next post in this series is here, the previous post in this series is here.

1 comment:

  1. Paul Craig Roberts says the Federal Reserve is covering up a dynamic that shows the dollar was implicated in bond trading. Link