China: A 5-Year Plan And 50 Million Jobs Lost
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Arnold Genthe San Francisco , Chinatown. The street of the gamblers at night 1900 China never had an actual economic model or growth model. It simply
[See the full post at: China: A 5-Year Plan And 50 Million Jobs Lost]What the MSM does not want you to know:
“Raqqa civilians hoisted the flag of Syria in at least five neighborhoods of al-Dareiyeh, al-Ramileh, al-Ferdows, al-Ajili and al-Bakri and poured to the streets of Tal Abyadh and al-Mansour chanting slogans of support for the Syrian armed forces.
Reports said on Friday that continued advances of the Syrian army and its popular allies against the militant groups in the Eastern part of Aleppo province and the Northeastern part of Hama province are seriously threatening the ISIL’s self-proclaimed capital of Raqqa.”
https://en.farsnews.com/newstext.aspx?nn=13941216000387
Al-Raqqa is supposed to be the capital city of the fake Caliphate. I guess the guiding lights in Tel Aviv and Langley must be having to explain to their political bosses what went wrong. I hope they take some British, American and Israeli advisers prisoner. Perhaps they have already been evacuated.
“In the late 1990s, China drastically restructured its state-owned enterprises, privatizing some and shutting down others. The result: from 1995 to 2002, over 40 million jobs in the state sector were cut, along with nearly 30 million jobs lost in the manufacturing, mining, and utilities sectors. 70 million – unproductive- jobs cut in 7 years. An average 10 million per year. A problem the country ‘solved’ by throwing tens of trillions (in US dollars) into over leveraged overproduction at exports-driven manufacturing enterprises. And by moving hundreds of millions of people into the cities that housed the enterprises.”
What will China do?
Start the largest mass migration in human history. There will be 100s of millions of people moving to Greece.
Speaking of, finally found out why they accepted the Syrian cease fire. –Besides the obvious that they were getting annihilated.
As Kerry himself says, this is “Plan B.” And C, D, E, F…X, Y, Z, AA, BB… To set up a “safe zone” in northern Syria that the pipeline would run through, while insuring an area where an opposing army backed by the West can attack Damascus for 100 years if necessary. The new/old process is this: ISIS, which is/was Al-Qaeda, has been exposed, inconvenient, and needs another name change. Branding! That’s why their #1 priority is screen-printing flags, t-shirts, and Tonka trucks. So ISIS is in the process of ceding the ISIS-held territories to the “Moderate” rebels–who only yesterday were ISIS–and thereby create a protected “moderate rebellion” in the pipeline/safe zone/soon-to-be-refugee-camp. The Russians themselves create the “Safe Zone.” Voila! Plan B back in action.
Since Russia has legal authority (from Syria and now the U.N.) to level everything, and the West–even Turkey and S.A.–has no strength on the ground (despite their huge army, S.A. is now losing Arabian territory even to Yemeni hillbillies) we’ll see what actually happens. But that’s the new plan, same as the old plan, over and over and over and over again.
P.S., they’re still accusing Syria of chemical attacks, years and years after each one is proven not to be the regular army. Crikey, don’t these guys have any imagination? It didn’t work, wouldn’t it be more plausible/successful to accuse them of something different for a change? It’s like we’re all caught in a time-loop where they do the same thing year after year, life after life, expecting different results.
China will simply not recognize the defaulted debt, and neither will we. Problem solved. I know the hows are vexing but that is how I think it will come down. Then remember, China very publicly bought equities to prop the market last summer and did so again last week. To me it is all but certain our Plunge Protection Team is in the futures markets the last three weeks. With theses two things assets don’t deflate. What about oil? The oil rally is futures driven so one can posit the Saudis doing the buying. Iron ore rocketed up Monday morning in Shanghai.
Can we, the US that is allow China to win this capitalism thing? Hell no. Of course it isn’t capitalism but why nit pick. The great monetary shift is happening right before our eyes. The ‘money’ no longer has any real store of value function. It’s an odd thing but asset while admittedly denominated in money are the actual store of value, since their price can be managed.
I think many bears and alt economic thinkers have a naive belief in markets.
Great point, and its about who will force them to admit losses and who can avoid it. China has internal problems, so although their problems are large, their society is closed, and they can most avoid disclosure.
Not so the West.
Nassim, the al Qaeda types promoted by the Council on Foreign Relations…
Al Qaeda’s Spectre in Syria – Council on Foreign Relations
Author: Ed Husain, Adjunct Senior Fellow for Middle Eastern Studies
August 6, 2012
https://www.cfr.org/syria/al-qaedas-specter-syria/p28782Al-Qaeda fighters, however, may help improve morale. The influx of jihadis brings discipline, religious fervor, battle experience from Iraq, funding from Sunni sympathizers in the Gulf, and most importantly, deadly results. In short, the FSA needs al-Qaeda now.
Are much to valuable to the Debt-Money Monopolists to let Russia annihilate. So they will almost assuredly transport them into the hear to Europe to rape and murder the impolitical masses of Europe to keep their focus of their systemic bankruptcy and asset stripping via a fraudulent debt-money system.
You see, they think ordinary people are idiots and don’t read their publications.
Also, the debts will be called in and the Debt-Money Monopolist Corporatocracy will asset strip society in their due time.
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