There is an interesting article on Pravda that talks about how China is going to surpass the US in production, china is dumping the US dollar in favor of rare metals and the Euro.
The question we should be asking ourselves, are the wall street bankers going to go down easily, or are they going to put up a fight?
Meaning, before the world can shift away from the US dollar and adopts the yuan as the world standard currency, will the US and china go to war? Could we imagine the horror if wall street no longer mattered? As china becomes an economic powerhouse and a world leader, where does this put the US banking system?
The only thing that can save wall streets strangle hold on the economy, is to bring china down.
As long as we have free trade with china, there is no hope of the US economy recovering, ever. As the workers in china demand more money and wages go up, companies will move to the lowest bidder, which is probably going to be Africa. Continue Reading….