Let’s go back to 1972 when Dr Hudson published Super Imperialism in which he said the US was paying for its wars and military occupations by printing dollars. Hudson was invited to speak at the State Department and the Pentagon. The diplomats liked him, understood him and voiced no objections to the policy of papering the world to pay for 800 bases in 80 countries. Later, he spoke to the Pentagon where it took them a while to understand what he was saying. Finally, a general said, “Wow. We are ripping people off.”
The general finally understood that the US Empire was paid for not by US taxpayers but by foreign nationals who sold America cars, electronics, clothes, food and even vacations in exchange for I Owe You Nothing Federal Reserve Notes.
The US taxpayers were paying taxes but to subsidize the many frauds and thefts of Wall Street Bankers. One of their latest is to print trillions of dollars in off books US Treasury bonds and to stick the money into their own very deep pockets. This means the US national debt is considerably more than the $26 trillion on the books. This is according to Dr Mark Skidmore who revealed to us from US government sources that $21 trillion went missing from 2 federal agencies, the DOD and HUD, between 1998 and 2015. A funny story from Dr Skidmore: The US Army had an annual budget of $122 billion. The Treasury said they had so many holes in their budget due to Missing Money that they sent the Pentagon a check for $800 billion and told them to plug some of those leaks. Guess what happened? The $800 billion went missing too!!
The US Dollar is about to lose it world reserve currency status so it can no longer print money and buy stuff for free from foreigners. If you had been paying attention to the input output economics of Leon Walras and Wassily Leontief, you would know that American wages were always a third higher than European wages because we added value through skilled labor to our abundant natural resources. That abundance came to an end after WW II when America first had to start importing natural resources like oil due to over population.
Jewish people like to be one of many minority groups so their leaders have always supported legal and illegal immigration. Might I point out that in 1950 there were 32 million Mexicans. Today there are 132 million Mexicans and 34 million Mexican-Americans.
US wages have declined while American worker productivity soared since WW II. That is due unrestricted immigration. When, not if, the US Dollar is no longer accepted overseas for payment, we will have to buy gold before we can get a gold letter of credit. At that point wages will decline permanently by 60%. That $30 an hour job will start paying $12 an hour. We have Nationwide Food Riots and millions of Americans flee the country to worse conditions overseas and ten million plus dies of starvation, suicide and violence as Civil War II comes to a city near you.
China and Iran just signed a 25 year pact to celebrate the end of the US Empire of Debt. Russia feared giving the S-400 to Iran precisely because we can see the consequences for Russia and Israel will not be good. Russia has a large and active Jewish Lobby which prevented this kind of deal which China accepted.
US is at the the height of its bully Empire days and gave Iran so many unjustified sanctions that Iranian oil income declined by 90%. Iran made up for the loss by exporting sophisticated machinery due to the American forced devaluation of the Iranian currency.
China guarantees to build Iran upgraded transport, petrochemical and manufacturing infrastructure and to buy their output at a discount. They will be building manufacturing plants which can export to Europe, the Mideast, Africa and elsewhere as soon as Iran links up to China’s One Belt, One Road Initiative.
Tabriz is the capital city of East Azerbaijan Province, in northwestern Iran. Tabriz Bazaar, once a major Silk Road market, will soon be connected by rail to Urumqi (the capital of China’s western Xinjiang Province). This will connect China to Tehran, and connect Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan along the way, and then with Turkey and Europe.
As of 9 November, Sino-Russian bombers, fighters, and transport planes will have unrestricted access to Iranian air bases. The bombers to be deployed will be China-modified versions of the long-range Russian Tupolev Tu-22M3s, with a manufacturing specification range of 6,800 kilometres (2,410 km with a typical weapons load), and the fighters will be the all-weather supersonic medium-range fighter bomber/strike Sukhoi Su-34, plus the newer single-seat stealth attack Sukhoi-57. All within range of Syria.
At the same time, Chinese and Russian military vessels will be able to use newly-created dual-use facilities at Iran’s key ports at Chabahar, Bandar-e-Bushehr, and Bandar Abbas, constructed by Chinese companies.
These deployments will be accompanied by the roll-out of Chinese and Russian electronic warfare (EW) capabilities, according to the Iran sources. This would encompass each of the three key EW areas – electronic support (including early warning of enemy weapons use) plus electronic attack (including jamming systems) plus electronic protection (including of enemy jamming). Based originally around neutralising NATO’s C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) systems, part of the new roll-out of software and hardware from China and Russia in Iran, according to the Iran sources, would be the Russian S-400 anti-missile air defence system:
“To counter U.S. and/or Israeli attacks.”
The Krasukha-2 and -4 systems are also likely to feature in the overall EW architecture, as they proved their effectiveness in Syria in countering the radars of attack, reconnaissance and unmanned aircraft. The Krasukha-2 can jam Airborne Warning And Control Systems (AWACS) at up to 250 km, and other airborne radars such as guided missiles, whilst the Krasukha-4 is a multi-functional jamming system that not only counters AWACS but also ground-based radars, with both being highly mobile.
It is again apposite to note here that an entire EW company (encompassing the three core elements of EW) can consist of as little as 100 men and, according to the Iran sources, part of the new military co-operation includes an exchange of personnel between Iran and China and Russia, with up to 110 senior Iranian IRGC men going for training every year in Beijing and Moscow and 110 Chinese and Russians going to Tehran for their training. It is also apposite to note that Iran’s EW system can easily be tied in to Russia’s Southern Joint Strategic Command 19th EW Brigade (Rassvet) near Rostov-on-Don, which links into the corollary Chinese systems.
“One of the Russian air jamming systems is going to be based in Chabahar and will capable of completely disabling the UAE’s and Saudi Arabia’s air defences, to the extent that they would only have around two minutes of warning for a missile or drone attack from Iran,” one of the Iran sources told OilPrice.com last week.
The writing is on the wall for that war in Yemen. The Saudis cannot defend themselves against what Iran will soon have. What Russia feared might soon come to pass. Iran might take over Iraqi, Saudi and UAE and Qatari oil fields. Then they could charge us whatever they like for oil.
At that point the US Navy won’t have enough money to buy fuel to go out to sea.
This pact will not be a 25 year deal. The Chinese government will not survive 5 years. They have too much corruption. The local parties have been robbing the Chinese farmers and middle class for years. Asia Times Magazine reported that 40% of all the $500 billion a year in political bribes laundered by Big International Banks came from China. Too many Chinese depository institutions are going bankrupt leaving middle class Chinese savers with zero balances.
We are entering a Grand Solar Minimum similar to the Maunder Minimum of (1645-1715) when Global Cooling sent wheat prices soaring 400% in some years in the UK. In 1709 there was a Big Freeze in Europe and the ground was frozen to a depth of one meter (nearly 40 inches). That sent food prices soaring 650% in France.
Historically, Chinese governments collapse every time there is a new Grand Solar Minimum. The world has never had to support a population of much more than a billion people during a GSM. It will be challenge to feed half of the world’s population. That is why I believe this new 25 year Iran-China pact will not last beyond 2025.
America as we know it should not last beyond 2012 or 2022.
Israel? Who knows and who cares what happens to them.
I mentioned the economist Michael Hudson. He noticed that the 19th century ideas of Left and Right no longer applied. He said everyone should be united in opposition to the Bankers.
Michael Hudson: Go Beyond Left And Right To An Anti-Banker Party
I mentioned the tens of trillions being stolen from American taxpayers. See this:
$10 Trillion Here, 10 Trillion There
I mentioned Global Cooling. I did not mention the increase in earthquakes and volcanoes: Please refer to this:
2020s: Surviving The Cold, The Quakes And Volcanoes
I mentioned Israel. They control America. They will soon lose America. Please refer to this to understand how Israel operates:
Lasha Darkmoon At Her Best. Please Share This.
Israel Killed JFK And Has Ruled America Ever Since.
I would like to acknowledge Zero Hedge and Oilprice.com for the material on that 25 year China-Iran pact which I said might last as long as 2025..