
Of concern.
2015: A Pivotal Year for Economic and Financial Crises and Wars?
Phi Beta Iota: The US Government is the war-monger and making decisions on the basis of corruption and ideology. China is the richest country in the world, has more gold than any other (Russia is second), and China has no reason to provoke war with anyone; the US dollar is about to crash, taking Wall Street with it, and has little gold to supplement a new currency. As a consequence, China is very serious and determined to have peace. It has no navy to speak of, it’s army is dedicated to internal security,and its industry would be badly damaged if there was a war. China is converting its hoard of dollars (and dollar debt) into Euros and other currencies, and in all probability will make the Yuan the common currency of Asia soon, and the world eventually. At root, how a government provides for its public determines whether that government is sustainable or not.
Continue reading “Mini-Me: China & Russia Rising, USA Collapsing”




