Tag Archives: war

Business/Economics, International, U.S.

Global Economic War: World Bank says China’s Yuan would make a good replacment for the U.S. Dollar

“The Chinese policy mix includes a tool box of administrative measures … In general, one of the lessons that the United States and others can learn (from China) is that to have supervisory policies for bank regulatory systems can be a useful part of the tool set.”–Robert Zoellick, World Bank president

Zoellick gave a speech in Australia, August 14, and made it clear that China was a shining example of how economic policies should work.  In fact he said that China’s yuan may help the world pull through “a time of danger.”

Zoellick did warn that the current inflation situation, in China, might be tougher to control than Chinese officials think.

The World Bank president also hinted that China’s cooperation with the bank, creating a “catalyst for consensus”, would benefit China in the near future.

Business/Economics, International, U.S.

Global Economic War: Recent quotes from Chinese officials, commentators, business leaders and professors show China is preparing to distance itself from the United States

“The U.S. has made other economies, including China, partly pay the bill for its recovery.”– Zhang Xiaoqiang, National Development and Reform Commission

“…the global economy is strapped stiff in the chariot of the U.S. dollar.  The United States adopted quantitative easing policies and successfully levitated the inflation level on a global scale.  The country needed the world’s help to solve its debt pressure.  Its domestic economic growth can hardly free it from its debts.”-Ye Tan, National Business Daily

“More than 70% of our products are exported to the U.S. while the rest all go to Europe.  Therefore, the depreciation of the U.S. dollar as a result of an economic recession will have a great effect on us.  The only solution we can think of now is to produce high-end products.  Buyers of these goods usually care less about prices.”-Zhou Mingwang, Yiwu Mingwang Jewelry Company

“The economic situation in the United States and Europe is not going to recover within two or three years, so we will probably reduce the proportion of exports to 50%.”-Zhang Guanjin, Shaoxing Jinyong Textile Company

“It’s like gambling, it’s hard to secure substantial, long-term profits. The only thing we can do is to transfer our factories to the inland regions to reduce costs.”-Chen Xi, Wenzhou Dongyi Shoes Company

“The economic development mode, which is highly dependent on high energy consumption, heavy pollution and resource exhaustion has reached its end in China.”-Dong Dengxin, Wuhan University of Science and Technology.

“We cannot count on the U.S. promise to ensure the security of our assets [reference to the U.S. debt China holds].  We should rely more on domestic demand and become stronger by ourselves.  Don’t worry about any hard landing in China.”-Zhang Xiaojing, Chinese Academy of Social Sciences

Business/Economics, International

Global Economic War: Europe increases tariffs on Chinese products, again

“A series of actions adopted by the EU this year suggests that tougher trade policies adopted towards China may increase the possibility of trade protectionism.”-Bai Ming, Chinese Academy of International Trade and Economic Cooperation

Last November, the European Union put together a five year plan to boost European production.  The plan targets China by imposing and raising tariffs.  The goal is to force Europeans to start buying more expensive European made products by slowing, or stopping the importation of Chinese products.

Earlier this year the EU already jacked up tariffs on Chinese ceramics by 70%!  Now, as part of the five year plan, tariffs will be raised on other inexpensive products coming from China.  Several EU member countries have also boycotted products made in China.

The five year EU plan is known as ‘protectionism’.  If you know your history, protectionism became the main economic policy of many countries, including the United States, prior to the First World War, and prior to the Second World War.

Also, protectionism is the result of bad economic times, like major recessions, or depressions.  The times we’re living in now look more and more like history repeating itself.  What’s next is another World War.  Right now it looks like Europe Union has drawn the line with China, who’s next?

 

 

International, U.S.

NATO member Turkey preps for invasion of Syria, massing more troops, recalling retired officers

Turkey, a member of the U.S. led NATO, has ordered more troops to the border with Syria, and is recalling retired officers to active duty.

Turkish leaders say the troop build up is officially for an anticipated wave of refugees coming out of Syria. Why are they anticipating a huge wave of refugees?  Is it because when NATO attacked Libya, European countries, like Italy and France, were swamped with refugees?

It’s interesting that the troop build up is being done at bases of “strategic importance”.  Turkish official do admit that any NATO action against Syria would put Turkey in a bad position with the Muslim world.

International

Israel threatens War with Syria, if the UN recognizes a Palestinian state

The Israeli Defense Forces believe they will have to go to war with Syria, if the United Nations recognizes the Palestinian state in September.

The IDF believes that Syria will send thousands of Palestinian supporters to the Israel/Syria border.  The IDF says they will respond by shooting anyone who tries to come in from Syria, and they believe Syria will use that as an excuse to invade.

Instead of not shooting at any future demonstrators on the Israeli/Syria border, in order to avoid a war, Israeli military officials are using this “scenario” to justify drawing up plans to invade Syria!

The IDF also said that they are increasing training in civil disturbances, especially toughening mental attitudes “…because the cadets learn primarily how to fight an armed enemy, and dealing with civilians requires different measures.”

Also, Israeli officials will increase military presence on Israel’s borders, and in the West Bank and Gaza, if the UN officially recognizes a Palestinian state in September.

 

Fukushima

Government Incompetence: Agency deliberately erased human radiation contaminaton data!

The Japanese Nuclear Safety Commission deliberately erased all the data collected regarding the radiation contamination of children in Fukushima Prefecture!

Officials claim that since the date was public it threatened the privacy of the families!

Since the nuclear disaster following the 11 March 2011 quake and tsunami, more than 1,000 children, aged 15 or younger, were being monitored for the effects of radiation on their thyroid.

The problem is that no one else was keeping such data, and now it’s gone!  The decision to delete the data is only justifying the growing lack of trust the Japanese have in their government.

Fukushima

Government Incompentence: Japanese official does 1-80, stops promoting Japanese food, now says no guarantee it’s safe to eat

Foreign Minister Takeaki Matsumoto has been working hard promoting Japanese food products to other countries, despite overwhelming evidence of radiation contamination.  Now Takeaki has ordered his own ministry to stop vouching for the safety of Japanese food products.

Takeaki Matsumoto says his 1-80 is the result of increased demands for food safety information from other countries, and the fact that it’s become impossible to guarantee food being exported from Japan is safe from radiation.

This is because many of the contaminated food products sold within Japan, were discovered after they were sold to consumers.

Fukushima

Corporate Incompetence: Reactor 3 melt down actually breached containment vessel, plutonium contamination!

First Tokyo Electric Power Company said there were no melt downs, as they struggled to cool the Fukushima Daiichi reactors with salty sea water.  Then TEPCo admitted there were melt downs in reactors 1 and 3, but said they were contained by the water at the bottom of the containment vessels.  Now an independent study says not so.

Tanabe Fumiya, an expert in nuclear safety, studied data from Reactor 3.  Reactor 3 uses MOX fuel.  Most of Reactor 3’s mixed uranium-plutonium oxide fuel might have made it through the containment vessel.  Fumiya says on 21 March 2011 TEPCo was unable to inject water to cool the reactor.  Over the next four days the fuel reheated and melted through.  This explains why plutonium is being found outside the reactors.

Fukushima, Technology

Corporate Incompetence: Fukushima Daiichi water decontamination system crashes!

Ever since Tokyo Electric Power Company  installed a water decontamination and recirculation system, they’ve had problems after problems.  Now the entire system has crashed.

The system includes filters and pumps designed in the United States and France.  The idea is to decontaminate the massive amount of radioactive water flooding into the basements of the reactor buildings, then re-use that water to cool the unstable reactors.

The most common problem, in the many weeks since it’s installation, has been the fact that the decontamination part is not working well, the radiation levels are not being reduced to a level TEPCo would like (this is another proof that radiation levels coming out of the reactors are much higher than TEPCo would like to admit).

The next most common problem is that pumps keep failing.  This time all the pumps have failed, including the back up pumps.

Beginning Thursday, 04 August 2011, pumps began failing.  By Saturday, 06 August, all the pumps were down.  As usual TEPCo does not know why, and is investigation to find out why!!!

TEPCo is planning on hooking up a Japanese designed filters and pumps to the system, as if that’s the solution.

International, U.S.

Preping for Syrian invasion: Germany tells fellow EU members to get their diplomats out of Syria

“In order to increase the political pressure on Damascus and to give a signal to Syrian society, I would welcome the withdrawal of European politicians.”-Ruprecht Polenz, chairman of the German parliament’s foreign affairs committee

“I do not believe that there can be a political future for Assad that would be supported by the Syrian people.”-Guido Westerwelle, German Foreign Minister

These statements by German officials come after Syrian officials announced they will hold new elections.  Also, the Syrian government is allowing the forming of new political parties.

As usual “western” leaders are not going to give them a chance, especially after U.S. Secretary of State, Hillary Clinton, announced that Syrian president, Bashar al-Assad, is no longer considered “legitimate” by the U.S. government.  That’s a sure sign military intervention will happen.