Devaluation of Chinese Yuan

[TPTB_need_war]

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.

[deisik]

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?

[TPTB_need_war]

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.

[deisik]

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...

[TPTB_need_war]

The corporations are in it for themselves, not for you the USA citizen. With billions of people in Asia, the corporations can get rich seeing those billions rise from $3 per day to $20 per day, while the Westerner falls from $200 per day to $20 per day. Their profit will increase massively while the Westerner falls down to lower level.

April 2013 was when Snowden made his final moves to attack the USA and destroy it. Who will ever trust the USG again? I never will. The chart below was first produced in the 1980s. And it predicted exactly when Snowden would act.

http://www.armstrongeconomics.com/archives/16967



http://www.armstrongeconomics.com/archives/17972

The US will break up, but it should not go into a MADMAX event as long as we reach resistance from the people. If the people keep just watching their sports and never notice what the governments are doing to their future until it is too late, then it can go too far and that in the MADMAX event the ended the Roman Empire.

[TPTB_need_war]

I read more carefully Armstrong's post. He says up to 309.6 years from the 224 year peak (which was 2013) to the breakup. So appears the USA won't be breaking apart in our lifetime.

We get to participate in the decline only not in the final breakup.

[TPTB_need_war]

deisik,

I slept. Here is a more coherent summary:

http://www.businessinsider.com/the-riskiest-sovereign-bonds-ranked-2015-8?utm_content=buffer25fef&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term. Thus the chart does not convey the information that the northern European banks are highly leveraged to the PIIGS sovereign debt crisis, and so if the PIIGS default then the German banks will need a public bailout. Will the bailout come from the Germans alone or will the debt problem of the EU be consolidated onto a federalized EU with new taxation powers for the EU destroying national sovereignty. For me this isn't even a question. It is clear why this crisis was manufactured by TPTB.

Back on the point of whether we will see the End of Government. No. TPTB (the capitalist network that rules the dying Industrial Age) is consolidating economies-of-scale because the Industrial Age is dying. So the large fish must eat the smaller fish in order to survive.

The people are fooled and believe they need the Industrial Age socialism model and are clinging to that, thus they will ride this NWO down into its top-down centralized, eugenics destiny with the USA declining from April 2013 at its 224-year peak (when Edward Snowden made his final plans to expose the NSA) to an eventual breakup by the 309th year of its cycle.

So no end of government for the masses. Yet many people will adopt the individually autonomous Knowledge Age and break free from that morass much sooner. That is why there will be a mixed outcome, initially with a waterfall collapse outside the USA, then with a long-term declining West and a rising East after 2020. However that East will be much more totalitarian (top-down obedient) that we were accustomed to in the West (note my comment on the linked page).

[deisik]

deisik,

I slept. Here is a more coherent summary:

http://www.businessinsider.com/the-riskiest-sovereign-bonds-ranked-2015-8?utm_content=buffer25fef&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term.

The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?

Honestly, I don't understand what this guy writes about

[TPTB_need_war]

The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?

Near-term.

Who is in crisis now, USA or China?

Near-term.

Near-term.

[deisik]

The chart seems to be utterly misguiding, and I'm dubious if it really reflects the speculator near-term expectations. China, the largest single holder of the US government debt (10% of total US public debt) is shown in this chart as more risky than the US. WTF?

Near-term.

Who is in crisis now, USA or China?

Near-term.

Near-term.

The US is in crisis since 2008, I guess

[TPTB_need_war]

The US is in crisis since 2008, I guess

Oh really 

They recapitalized the banks.

Where is the crisis in the USA?

[deisik]

The US is in crisis since 2008, I guess

Oh really 

They recapitalized the banks.

Where is the crisis in the USA?

I speak about real economy, not the financial sector. Oil has dropped more than twice in value within a year. As I'm informed, they didn't invent perpetuum mobile so far. And in the absence of such the dramatic drop in oil prices can only be explained by massive contraction in demand (with all that it means for output)...

I don't believe in stories of oil over-production (this would be a consequence of the collapse in demand)

[TPTB_need_war]

There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.

There is  crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.

Please don't deny the obvious. That is very annoying.

[deisik]

There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.

There is  crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.

Please don't deny the obvious. That is very annoying.

Oil is a key economic commodity, are you going to deny this? If its price drops more than two times (and has much room yet to go), isn't it an omen of something dire going on behind the scenes? China devalues Yuan to help their exporters, since the exports are collapsing... But why are they collapsing in the first place?

Market never lies

[OROBTC]

...

IMO, China is much more risky, short-term, than the USA is, a least for investors.

The Tianjin explosion may have killed some 1400 people (rumors) as China is doing a full "Fukushima Mode" (lying and covering-up the scale of the disaster).  Such blatant lies (more serious than even Hillary's server...) hint at a risky environment for outsiders...

[TPTB_need_war]

There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.

There is  crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.

Please don't deny the obvious. That is very annoying.

Oil is a key economic commodity, are you going to deny this?

WTF does that have to do with your assertion that the USA is in crisis?

Oil and all commodities are crashing because China and every where outside the USA is.

And the dollar is going up and the capital is stampeding into the USA. The USA is not in crisis now.

Please don't make me repeat it again.


OROBTC, Hillary is hiding she was involved in the Benghazi affair which was arms to Syria and the gas attacks on civilians, creating ISIS, etc.. Tens of 1000s of deaths on her hands at least.

http://www.armstrongeconomics.com/archives/tag/benghazi
http://www.armstrongeconomics.com/archives/14205
http://www.armstrongeconomics.com/archives/14268
http://www.armstrongeconomics.com/archives/13562
http://www.armstrongeconomics.com/archives/21995
http://www.armstrongeconomics.com/archives/21295
http://www.armstrongeconomics.com/archives/21964

[deisik]

There is no crisis in the USA right now. The Fed is preparing to raise rates. The dollar is growing stronger.

There is  crisis in China, the stock market has crashed, the exports are collapsing, the Yuan is being rapidly devalued.

Please don't deny the obvious. That is very annoying.

Oil is a key economic commodity, are you going to deny this?

WTF does that have to do with your assertion that the USA is in crisis?

Oil and all commodities are crashing because China and every where outside the USA is.

And the dollar is going up and the capital is stampeding into the USA. The USA is not in crisis now.

Please don't make me repeat it again.

Sorry, but you will have to come up with something more substantial than mere allegations. The US remains by far the largest consumer of oil, twice as much as China. Yes, China is in crisis right now, but you still didn't explain why it is in crisis, why its exports are falling. The US dollar vs other currencies is irrelevant here, real economy (goods produced, services rendered) is what ultimately counts...

You won't get away from these questions

[markj113]

If you dont think the US is in financial trouble you are deluded.

You think this can go on indefinitely



Or how about the US Debt clock -



worth clicking the link to see just how fast that debt is growing which I believe has been proved to be mathematically impossible to ever pay back -

http://www.theusdebtclock.com/

[deisik]

If you dont think the US is in financial trouble you are deluded.

The US may not be in financial trouble right now. But its troubles lie much deeper, are a lot heavier to get rid of, and will have more lasting and therefore more devastating effects on the economy and society in the long run...

[TPTB_need_war]

Hey dumb ass trolls. In case you can't read, let me remind you that upthread we were talking the short-term Credit Default Swaps map that I quoted and deisik was arguing the USA was in more near-term CDS danger than China.

And I refuted him. And I am correct.

Of course I know the USA has worse medium-term and longer-term structural obligations.  I wrote recently the West will decline perennially for the next decades, while Asia will bottom by 2020, because the West has $100s trillions in unfunded social liabilities that China and the developing world does not have.

Any more strawmen and obfuscation you fools want to hoist on this thread?

The US may not be in financial trouble right now...

That is what you were arguing for dimwit. Well good to see you refuted yourself, lol.

They say never argue with an idiot and this is why. You guys even forget what you were arguing.