This week, Defence Minister Linda Reynolds; and Foreign Affairs Minister, Marise Payne shared the show stage with U.S. Secretary of State, Mike Pompeo and the new U.S. Secretary of Defence, Mark Esper.

This was Esper’s first big outing, the purpose of which was to declare the alliance between the U.S. and Australia as strong as ever.  But is it, really? And where was New Zealand?

If the Red Dragon swept down with all its force, would the U.S. put boots on the ground and jets in the air over the Land Down Under? 

I think it would—at least under Trump—but would Australians want that?  I don’t know the answer to that, but the Alliance is indeed being tested.

To wit, Nine News Australia reported, “$82 Billion wiped off Australian shares as China-U.S. trade war escalates,” and “the 10-year government bond dropped below 1%.” 

How much ‘pain’ can the alliance stand and for what ‘gain’? I am honestly seeking answers on behalf of Australians, as I love the home of The Pickering Post—perhaps the last bastion of free speech on earth—and the free world can’t afford for you to go silent.

The U.S. and Australia are linked by a 1951 alliance known as ANZUS, (the Australia, New Zealand, United States Security Treaty of 1951), where our nations pledged mutual defence. Unfortunately, the ‘NZ’ was missing from this important renewed ‘pledge of alliance’. Why?

Was the feckless Jacinda Ardern too busy playing with her Facebook page to attend? This is truly disconcerting that she intentionally showed a potential crack in the alliance when solidarity is most needed.

Maybe Jacinda was too busy praying at her mosque to be there, and I’d really like to know which side she was praying for.

China plays the long game and its charm offensive (using cash and loans with natural resources as collateral) has been highly successful, especially for China.  They wield strong influence all over the globe and most nations are beholden to them—including my own.

That’s right.  The United States of America is China’s largest client state by far. In fact, if China had refused to renew $1.11 Trillion in loans to the U.S. under Barack Obama, my home nation would have defaulted on its payments not only to China, but the world.

This would have caused market shocks which would have been both severe and long term.  That $1.11 trillion in debt to China (as of May 2019) is 27% of the $4.1 trillion of U.S. debt held by all foreign countries, so it is significant.

Don’t forget that China is extremely important to Australia. While China ranks only ninth as an investor in Australia, (with a 3% share of total foreign direct investment according to the Australian Parliament), China is Australia’s largest trading partner in terms of both imports and exports.

Twenty-five per cent of Australia’s manufactured imports come from China; 13% of its exports are thermal coal to China. 

That is a major relationship to ignore or put at risk, so expecting a 70 year-old promise made in a completely different time to be honoured is a question worthy of asking.

SO, LET’S TALK WORST-CASE SCENARIO

Let’s say the China-U.S. trade war escalates, which is possible, given the ego on one side and the willingness to test new found military powers on the other, and Australia is chosen as the ground for a proxy conflict.

For starters, under Trump, China can kiss their $1.11 Trillion in ‘loans’ goodbye.  If war is threatened against the U.S. or its allies, Trump will either dismiss that debt as retroactive tariffs and fines for three decades of stealing U.S. intellectual property and cheating on trade deals, OR, he will simply have $1.11 Trillion in federal reserve notes printed, and put them on a slow-boat to China—flying a big, white flag ‘DEBT PAID’. 

What few people know is that the only thing of less value than one ‘federal reserve note’ is 1.11 trillion of them. 

China bought all that U.S. debt with the understanding that it would be repaid in this unbacked ‘federal reserve note’—which is neither ‘federal’ nor does the privately-owned Federal Reserve central bank have a ‘reserve’—so Beijing can’t say they were cheated.

As Blutto said in “The Animal House” movie to Flounder after they destroyed his brother’s car, “Hey, you fucked up. You trusted us.” 

Trusting a private central bank to issue a public currency is perhaps the biggest “Animal House” moment in history—as China may soon learn.

Such a printing and dumping of this unbacked currency at one time would leave a hole in both China’s balance sheet and its ability to fight an extended war (or buy and build war toys).

Peddling its enormous influence would stop—if it hasn’t already due to Trump’s tariffs—as that profligate splurging was mostly paid for by abusing trade with the United States which Trump is shutting down as well.

Further, those physical dollars could only be spent by China in the enemy’s territory—the U.S.—with mostly U.S. companies, worsening China’s dilemma.

What’s more, if Trump accused China of ‘currency manipulation’ (as he just did this week) those bills could be outlawed for trade altogether. 

Are you getting the picture of why the New World Order hates this guy so much? He does not play by their rules and never will.

If I was a One World billionaire prick seeking to rule the planet, I’d hate him too.But real world economists know that printing too much new money is like pouring water in the coffee.

At some point, it gets so weak you can’t call it coffee anymore.

Like the coffee analogy, printing such a massive amount of currency at one time would devalue every ‘federal reserve note’ in circulation by an equivalent percent to the printing (roughly 25% in this example).

That would be so extreme that the U.S. manufacturing sector could become competitive with China’s overnight So I hope he does it,

There are two points to note here:

1) Fake money has its limits, and

2) If you are stupid enough to depend on fake money, you will eventually lose.

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Rinaldo
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Rinaldo

Jimmy Carter: US is ‘most warlike nation in history’ By Brett Wilkins April 26, 2019 “Information Clearing House” – During his regular Sunday school lesson at Maranatha Baptist Church in his hometown of Plains, Georgia, Jimmy Carter revealed that he had recently spoken with President Donald Trump about China. Carter, 94, said Trump was worried about China’s growing economy and expressed concern that “China is getting ahead of us.” Carter, who normalized diplomatic relations between Washington and Beijing in 1979, said he told Trump that much of China’s success was due to its peaceful foreign policy. “Since 1979, do you… Read more »

paisley
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paisley

Here it is again like S.A. U.K Closes down the coal fired power stations and BOOM TfL Traffic News ✔ @TfLTrafficNews Due to a large scale National Grid failure there is a power cut in the London and South East areas, meaning that some traffic lights are down. Please be very cautious on the roads! 153 2:19 AM – Aug 10, 2019———- Power cut is not just in London Large parts of the UK are without electricity following a large scale power cut. Blackouts have been reported in London and the South East, as well as the Midlands and the… Read more »

Rinaldo
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Rinaldo

Pawns In The Game By William Guy Carr (1895-1959) Table of Contents Introduction World Revolutionary Movement English Revolution 1640-1660 French Revolution 1789 Downfall of Napoleon American Revolution Monetary Manipulation Events Preceding Russian Revolution Russian Revolution 1917 Political Intrigue The Versailles treaty Stalin Spanish Revolution Civil War in Spain Franco Revolutionary Reign of Terror Events Leading up to World War Two World War Two Breaks Out Present Dangers http://www.lovethetruth.com/books/pawns/toc.htm

paisley
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paisley

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flying
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flying

Sarcasm 101 A young man with his pants hanging half off his butt, two gold front teeth, and a half-inch think gold chain around his neck, walks into the local welfare office, marches straight up to the counter to pick up his check and says, “Hi . . . you know, I just HATE drawing welfare. I’d really rather have a job. I don’t like taking advantage of the system, getting something for nothing.” The social worker behind the counter says, “This is amazing; your timing is excellent. We just got a job opening from a very wealthy old man… Read more »

mots
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mots

New post.

Trumby
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Trumby

Can someone send me a message on my mobile phone to then hack my contact list or see who I have rung ?

ThePhantom Returns
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ThePhantom Returns

‘Food Police’ – Watch: Morano on Fox & Friends on UN Meat report: UN seeks ‘massive expansion of the UN’s regulatory power…lifestyle controls’

https://video.foxnews.com/v/6070312085001/#sp=show-clips

ThePhantom Returns
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ThePhantom Returns

Amazing, it appears at least one Leftard has seen a little bit of light.

Michael Moore has backed a new documentary “Planet of the Humans” which tackles all the false promises of Green Energy.

LOS ANGELES (AP) — What if alternative energy isn’t all it’s cracked up to be? That’s the provocative question explored in the documentary Planet of the Humans, which is backed and promoted by filmmaker Michael Moore and directed by one of his longtime collaborators. It premiered last week at his Traverse City Film Festival.

https://wattsupwiththat.com/2019/08/09/michael-moore-backed-doc-planet-of-the-humans-tackles-false-promises-of-green-energy/

Gentle Jack
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Gentle Jack

Librem 5

The only modern smartphone you can (truly) own.

https://puri.sm/products/librem-5/

Break free from Android

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