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Topic: Devaluation of Chinese Yuan - page 2. (Read 6844 times)

legendary
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August 16, 2015, 06:48:18 PM
Who are you referring to expanding? The plight of the people in the West or the international elite?

The people in the West will suffer much reduced standard-of-living. That is the West dying relative to its current stature.



We talked about a "tightly connected group of corporations" that are going to conquer the world. That is surely not something that you would dream of lying on the deathbed...
sr. member
Activity: 420
Merit: 262
August 16, 2015, 06:45:18 PM
Who are you referring to expanding? The plight of the people in the West or the international elite?

The people in the West will suffer much reduced standard-of-living relative to Asia. That is the West dying relative to its current stature.

legendary
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Merit: 1280
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August 16, 2015, 06:39:44 PM
It is no conspiracy that corporations want to increase profits and defeat competition.

But this leads to the centralization of power, not fragmentation, right?

Move your power to where it can be very centralized because the society is already Communist.

Devastate the freedom lovers and individualists in the USA, then use your power to invade and conquer the divided peoples who are weakened.

And how well does this correlate with the announced death of West? From what you now say it seems very unusual to speak of its death. It is rather expanding, not dying...

In fact, I'm at a loss now. What is West, and why is it going to devastate the US? Does it mean that the US is not the West you are talking about?
sr. member
Activity: 420
Merit: 262
August 16, 2015, 06:34:58 PM
It is no conspiracy that corporations want to increase profits and defeat competition.

But this leads to the centralization of power, not fragmentation, right?

Move your power to where it can be very centralized because the society is already Communist.

Devastate the freedom lovers and individualists in the USA, then use your power to invade and conquer the divided peoples who are weakened.

I think they'd prefer to take direct control and they are trying. But Armstrong's model predicts a fracturing. The Constitutionalists are stilll numerous in the USA. It will require war to defeat them. We can hope TPTB might lose but they probably would never accept loss. Limited nuclear war, or polluting the water supply, or what ever it takes. They will choose the least risky choice available.

By fighting back, we are forcing them into a corner. We had better be prepared to win. I see chaos ahead. The elite know the USA is the remaining major hurdle to their global dominance.

They'd prefer a slow burn into centralized collectivism. But Tea Party is about ready to start going radical if they don't get their wishes in 2016 election.

Perhaps the freedom lovers get some victories and the USA fractures because different regions are more collectivist than others.
legendary
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Merit: 1280
English ⬄ Russian Translation Services
August 16, 2015, 06:29:21 PM
It is no conspiracy that corporations want to increase profits and defeat competition.

But this leads to the centralization of power, not fragmentation, right? The piece by your link says about 147 superconnected companies that got united to conquer the world. I'm singularly curious how well that lives with your idea of the West death...

Given that these corporations are the very blood of it
sr. member
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Merit: 262
August 16, 2015, 06:28:25 PM
It is no conspiracy that corporations want to increase profits and defeat competition.
legendary
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Merit: 1280
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August 16, 2015, 06:25:02 PM

This thickly smells a conspiracy theory. So these guys want to destroy the US, right? This looks a little queer, since they seem to be already owning the US...

Or are they suicidal in their intentions?
sr. member
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Merit: 262
August 16, 2015, 06:17:53 PM
Rome was financed on external conquest (military paid with plunder) and then trade with the somewhat indentured colonies (although they gained protection and road network). You can't say there was no external component because it was always there. While it was expanding it worked, then it slowed down and it imploded as Rome was insatiable (taxes and debt had to replace what wasn't coming from plunder). They depleted the land, the irrigation, all resources were strained by the demand to continue exponential growth.

The international elite are:

https://www.newscientist.com/article/mg21228354-500-revealed-the-capitalist-network-that-runs-the-world/

They want to get rid of their competition, e.g. millionaires, small businesses, Constitution rights diehards. Only their businesses will supply the world in their vision of the future.
legendary
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August 16, 2015, 06:14:58 PM
All of the above. Internal and external simultaneously. As happened to Rome.

But the true international elite are consolidating global power and have a long range focus in terms of creative destruction.

They understand that societies love debt and collectivism and thus the overall trend is always to increase their power.

This doesn't explain anything in particular. Who is the true international elite, and why would this elite necessarily want to destroy the US?

Rome fell due to internal factors. External factors only contributed to its gradual decline through centuries
sr. member
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Merit: 262
August 16, 2015, 06:07:32 PM
All of the above. Internal and external simultaneously. As happened to Rome.

But the true international elite are consolidating global power and have a long range focus in terms of creative destruction.

They understand that societies love debt and collectivism and thus the overall trend is always to increase their power.

But that is inconsistent with Second Law of Thermodynamics, thus their NWO world has to be a dying one. They may take down billions with them. Nature will help them. Nature does creative destruction too to remove these pesky collectivists. Pandemic might be on tap. We're due.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 16, 2015, 05:56:10 PM
You mean the elites running the country would be suicidal if I I was correct.

The elites are multi-national. They are strong in totalitarian states like Asia which is the future of the world. So if they lose a bit of centralization in the USA, it is okay because the USA is falling away as the world power.

That can be reduced to saying that those in power (in the US) will lose some part of their power. That can happen due to either external or internal factors. War is the most powerful external factor, but don't forget that the US is a beast militarily, so I doubt that Asia can be a player here (by any means). So we are essentially left with internal factors (as it allegedly happened with the USSR)...

Which are these, and who is gonna blow up the US from inside?
sr. member
Activity: 420
Merit: 262
August 16, 2015, 05:41:38 PM
You mean the elites running the country would be suicidal if I I was correct.

The elites are multi-national. They are strong in totalitarian states like Asia which is the future of the world. So if they lose a bit of centralization in the USA, it is okay because the USA is falling away as the world power.

Also I think they believe that a fractured USA is the way to divide and conquer it finally and bring it under a UN and world government system. It will be fractured because the elites will be driving totalitarianism.

Use Europe in WW1 and WW2 as a model. Look how socialist and controlled it is now.

First devastate, then rescue with open socialist arms. Peace for Europe with EU. And now EU is slavery via the Troika.

Different for USA because USA is different than Europe. USA is highly united by language. but coming very divided by Tea Party versus socialists political divide.

They'd prefer to get there without the chaos, but how do you neutralize the gun rights activists?
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 16, 2015, 05:33:10 PM
I have no idea what you mean by suicides.

You say that the West is gonna die (well, that Armstrong may actually say this, I don't care). I ask you how countries, more advanced technologically, more developed industrially, more powerful militarily than the rest of the world, are going to die unless they are ruled by suicides?

I just don't get it

The socialism in the West will strangle the productivity of the West. It will be a battle. The USA will fracture and no longer be united nation.

Much strife ahead in the coming decades.

It won't entirely die.

The USA is rapidly losing those advantages to Asia and the socialism will strangle what is left. Also the USA will be dragged into wars with Russia and China to weaken it.

So, as I said before, you think that the US is run by suicides (or madmen). Okay, but you should then explain how they managed to get where they are (provided you are right in your assumption). Otherwise, you will have to admit that you see only a part of the picture and don't understand the logic behind the governing elite actions...
sr. member
Activity: 420
Merit: 262
August 16, 2015, 05:27:00 PM
I have no idea what you mean by suicides.

I am saying many nations are strong enough to avoid hyperinflation.

Hyperinflation is a domestic phenomenon. It happens when nation becomes so riddled with corruption and socialism, that it can not tighten its belt, lengthen payout terms on bonds, and continue to receive public trust in bond auctions. Then the people stampede out of the local financial system and into alternative assets or abroad. In Zimbabwe wasn't it the socialism that kicked out the white farmers, which was the capital base of the country?

Where is that on the verge of happening today? No where.

Instead what is happening is the banksters are foisting some bullshit debt on us and telling us to be slaves and pay for the next 100 years.

China, Russia, and the USA are run by oligarchies and they are all working together. The faux conflicts are just for show to fool you all.

Edit: hyperinflation is not due to printing excessive debt notes (what the Fed has been doing), it is due to change in public confidence.

QE was a printing of more debt which ended up as $9 trillion in dollar loans abroad. It was the printing of more debt. Not the printing of more cash.



QE is printing of electronic base money. They entered a number from the keyboard into their own account. Then they lent it to the state (via the banks, letting them take a cut).

You focus only on a ledger and not on what was really accomplished. The interest rates were lowered sending capital overseas to find yield. This base money expanded reserve ratios allowing more risk taking and greater leverage.

You can also look at it as displacing capital that would have bought USA bonds at higher interest rates. So the USA bonds became printed debt and the displaced capital went abroad to seek yield.

It was effectively printing of more fractional reserve debt. It just appeared in other places.
sr. member
Activity: 420
Merit: 262
August 16, 2015, 05:24:52 PM
I have no idea what you mean by suicides.

You say that the West is gonna die (well, that Armstrong may actually say this, I don't care). I ask you how countries, more advanced technologically, more developed industrially, more powerful militarily than the rest of the world, are going to die unless they are ruled by suicides?

I just don't get it

The socialism in the West will strangle the productivity of the West. It will be a battle. The USA will fracture and no longer be united nation.

Much strife ahead in the coming decades.

It won't entirely die.

The USA is rapidly losing those advantages to Asia and the socialism will strangle what is left. Also the USA will be dragged into wars with Russia and China to weaken it.

Between 2020 and 2032, the USA will decline and Asia (Shanghai and Singapore) will become the new financial center of the world, displacing New York and London.
legendary
Activity: 1512
Merit: 1005
August 16, 2015, 05:23:49 PM
I have no idea what you mean by suicides.

I am saying many nations are strong enough to avoid hyperinflation.

Hyperinflation is a domestic phenomenon. It happens when nation becomes so riddled with corruption and socialism, that it can not tighten its belt, lengthen payout terms on bonds, and continue to receive public trust in bond auctions. Then the people stampede out of the local financial system and into alternative assets or abroad. In Zimbabwe wasn't it the socialism that kicked out the white farmers, which was the capital base of the country?

Where is that on the verge of happening today? No where.

Instead what is happening is the banksters are foisting some bullshit debt on us and telling us to be slaves and pay for the next 100 years.

China, Russia, and the USA are run by oligarchies and they are all working together. The faux conflicts are just for show to fool you all.

Edit: hyperinflation is not due to printing excessive debt notes (what the Fed has been doing), it is due to change in public confidence.

QE was a printing of more debt which ended up as $9 trillion in dollar loans abroad. It was the printing of more debt. Not the printing of more cash.



QE is printing of electronic base money. They entered a number from the keyboard into their own account. Then they lent it to the state (via the banks, letting them take a cut).

legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 16, 2015, 05:19:17 PM
I have no idea what you mean by suicides.

You say that the West is gonna die (well, that Armstrong may actually say this, I don't care). I ask you how countries, more advanced technologically, more developed industrially, more powerful militarily than the rest of the world, are going to die unless they are ruled by suicides?

I just don't get it
sr. member
Activity: 420
Merit: 262
August 16, 2015, 03:49:42 PM
I have no idea what you mean by suicides.

I am saying many nations are strong enough to avoid hyperinflation.

Hyperinflation is a domestic phenomenon. It happens when nation becomes so riddled with corruption and socialism, that it can not tighten its belt, lengthen payout terms on bonds, and continue to receive public trust in bond auctions. Then the people stampede out of the local financial system and into alternative assets or abroad. In Zimbabwe wasn't it the socialism that kicked out the white farmers, which was the capital base of the country?

Where is that on the verge of happening today? No where.

Instead what is happening is the banksters are foisting some bullshit debt on us and telling us to be slaves and pay for the next 100 years.

China, Russia, and the USA are run by oligarchies and they are all working together. The faux conflicts are just for show to fool you all.

Edit: hyperinflation is not due to printing excessive debt notes (what the Fed has been doing), it is due to change in public confidence.

QE was a printing of more debt which ended up as $9 trillion in dollar loans abroad. It was the printing of more debt. Not the printing of more cash.

legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
August 16, 2015, 03:22:59 PM
Which nations are weak enough to go into hyperinflation? Not even Argentina, they have almost no debt now. Argentina's problem is the corrupt government and declining commodity prices with global deflation.

Greece? But the EU won't let them. The Troika will enslave them instead.

Find me one nation. Maybe some country in Africa or Middle East. Maybe some East European country not in the EU.

And so what?

Whatever happens, the most militarily, technologically and industrially advanced country will be the last to die. What you say essentially boils down to claiming that the US is currently ruled by suicides. But if so, it is not clear how it got where it is now in the first place...
sr. member
Activity: 420
Merit: 262
August 16, 2015, 02:45:16 PM
Which nations are weak enough to go into hyperinflation? Not even Argentina, they have almost no debt now. Argentina's problem is the corrupt government and declining commodity prices with global deflation.

Greece? But the EU won't let them. The Troika will enslave them instead.

Find me one nation. Maybe some country in Africa or Middle East. Maybe some East European country not in the EU.

Lol no nation can pay back their debt ever, starting with the USA.
http://www.usdebtclock.org/

Have fun paying back all that.

There is a difference between never being able to pay back versus default with complete loss of public confidence. Without the EU backstop, Greece would be in that boat perhaps and unable to sell its sovereign bonds to finance the government.

As long as you have public confidence and can restructure debts into longer payment terms, the shit continues...

If you really want to default that shit, then adopt anonymous currency and don't pay taxes. If a lot of people do that, then yes we will see a default of the bastards.

Disclaimer: I am not advising illegal activity. The above was a hypothetical thought experiment.
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