"J.F.C. Fuller and King Edward at a tank "dog and pony show"."
"Fuller’s never used "Plan 1919" was the first blitzkrieg battle plan."
"Fuller’s never used "Plan 1919" was the first blitzkrieg battle plan."
"For nearly 5000 years, man has sought a way to devistate his enemys while protecting himself. The early war wagons, the chariot, the knight. Though men like DaVinci dreamed of armored vehicles, it would take the advent of the industrial era to bring them to reality. Lets praise those brilliant and brave men who defied convention to give us a way out of the horror and man made hell of trench warfare. Without question, the tank is the most powerful, versitile, and dominate land battlefield weapons platform ever invented by man." (WWI Tanks)
"Give me control of a nation's money and I care not who makes it's laws."
~ Mayer Amschel Bauer Rothschild
Financial Times, by Robert Cookson in Hong Kong, August 26, 2010, via Prison Planet, Banks back switch to renmibi for trade.
A number of the world’s biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China. HSBC, which recently moved its chief executive from London to Hong Kong, and Standard Chartered, are offering discounted transaction fees and other financial incentives to companies that choose to settle trade in the Chinese currency.
“We’re now capable of doing renminbi settlement in many parts of the world,” said Chris Lewis, HSBC’s head of trade for greater China. “All the other major international banks are frantically trying to do the same thing.” HSBC and StanChart are among a slew of global banks – including Citigroup and JPMorgan – holding roadshows across Asia, Europe and the US to promote the renminbi to companies.
Well that's nice. In a recent post, another country heard from, we covered some of the goings on in Algeria. And we saw that in Algeria, the Chinese have been hired to construct some lovely buildings such as the Sheraton in Algiers, conveniently designed in the square and compass style.
Built by the Chinese, who are also building the Algiers Opera House.
In addition, some Algerians have noted with disgust the Chinese fingerprints all over their country.
And also the kiss kiss hug hug relationship between China and Israel, because these two countries apparently have so much in common, being "great ancient civilizations" and all.
Well then. Not only *would* China turn away from the US dollar, but the BANKS are offering INCENTIVES to CORPORATIONS to TURN AWAY FROM THE DOLLAR AND INTO THE RENMINBI. So I guess the banks are down with dumping the dollar, as noted in the above links.
Chinese TV made a documentary in twelve episodes, Israel, the land of milk and honey, which will soon be broadcast on CCTV-2, then on the other satellite channels in China.About the series "Walk into Israel - A Land of Milk & Honey"
This documentary was shot in high definition, with a big budget and using the State of Israel. It presents Jewish culture as a beacon of human thought on a par with the Chinese culture.
A private screening was held in Beijing attended by leaders of CCTV and the Embassy of Israel.
This series is a part of a large-scale television project "The Road to Civilization - Record of Experiencing the Worldwide Civilizations", produced by China Central Television (CCTV). The 12-episode HD TV documentary series "Walk into Israel - A Land of Milk and Honey", tells the story of the Jewish culture and the process of establishing the state of Israel and its modernization. The project of planning, filming and producing this series took about 2 years and was strongly supported by the Embassy of Israel in China. The series is now played on channel 2 of CCTV (Sat & Sun, 00:20) and will be soon played on other channels as well.And did you think Israel is *our* bestest friend?
"Walk into Israel - A Land of Milk and Honey" is the first TV series produced by Chinese with historical, overall, organized introduction of the Jewish people and Israel. The film reflects the whole process of the Jewish civilization for the past 4000 years within 12-episode.
Both Israel and China are great ancient civilizations who contributed a lot to human being, who have a long history, and faced since forever up till now with many challenges. By watching this series, people will have a better understanding regarding the history of the Jewish civilization, and discover the source for Israel's establishment and success. This special project aims to develop the friendship between China and Israel, and to promote cooperation between people from the two nations.
4. China would never dump U.S. Treasuries because it would hurt them as much as it hurts us…
The theory that China is somehow fused to the U.S. in a kind of symbiotic seesaw relationship that can never be broken is so ingrained among mainstream American financial analysts it simply will not die, regardless of how much contradictory evidence you show them. It really is like a mental disease which causes MSM pundits to go into involuntary Tourettic convulsions every time you mention the words “Treasury bond dump”. America and China are not conjoined twins, and one can survive without the other. We have covered the China issue over and over again, and I will not rehash all that evidence here. To lay it out simply: China has re-engineered its economy towards consumption and importation rather than relying on exports. The IMF has talked about this on many occasions with apparent excitement:
China has also finalized the ASEAN trading bloc which has combined export markets at least equal to that of the U.S. Meaning, China already has another place to send its exports besides America.
Most importantly, China must increase their currency’s value if their new consumer based system is to survive. Allowing the Yuan to rise sharply in value will revitalize the buying power of the Chinese populace making greater consumption possible. Indeed, China MUST dump their Treasury holdings and pump up the Yuan if they are to hold their economy together. And, the Federal Reserve has given China every reason to turn its back on Treasuries through never ending liquidity injections. This is not to say that a U.S. collapse will not affect them, it would negatively affect the entire world. However, China has positioned itself to survive, and perhaps even thrive with their economic expansions into Africa, and their new financial agreements with Germany.
Finally, the Chinese have been very forthcoming over the past week about plans to drop Treasuries. China has dumped over 7.7% of their U.S. T-Bond holdings since January, including the biggest T-bond dump on record this month. They have openly admitted to a plan to diversify away from the Dollar:
I’m always fascinated by those economists who vehemently deny China will ever turn away from the U.S. Dollar while they are doing so right in plain view. Are MSM analysts simply crazy? I don’t know, but it would explain a lot…
Or am i misunderstanding something here? As my readers know, math and finance are not my forte. However, getting fucked over by the usual suspects I understand pretty well.
“It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.” – Harvard University law professor Friedrich Kessler on the Weimar Republic hyperinflation (1993 interview)