Archive for China

What today’s market collapse means for the future

Black Friday hit world stock markets causing almost three trillion dollars in losses. As I predicted, this summer’s crash initiated a far larger crash cycle that is now returning with a fury.  The Chinese contagion that was said to be “contained” by our leaders is anything but contained.  It is now clear China’s economic crash wasn’t averted; it was just temporarily masked and delayed.  Further, oil prices continue their steep decline and now are under 30 dollars a barrel.  Also, 2015’s economic numbers are in and 2015 was the year global economies fell back into chaos.  With compounding bad economic news in all markets globally, what can we expect going forward?

I have for years told advocates of energy independence that it isn’t $200 dollars a barrel for oil that I fear, but rather $20 a barrel. Most “experts” thought that by reducing our reliance on Middle Eastern oil supplies, we would somehow achieve greater stability.  I correctly warned that if you want to see real chaos, drop the oil prices to $37 or below.  Well, today, oil prices broke below the key technical floor of $30 per barrel and barring any intervention by Saudi Arabia to reduce oil production, we are going to soon test the $20 mark.  Even before hitting the $37 mark, it was clear stability in the Middle East had gone from really bad to near worst case scenario.  At the $20 per barrel mark something must break.  Whether Saudi Arabia takes and knee and gives into OPEC pressure to cut production or a war breaks out, no oil producing country can continue to endure this price point much longer.  This downward spiral in the oil market will only add to the vast problems in the Middle East and before the region rebalances, it is very likely more countries will collapse.  With near certainty, the old geographic boundaries of the Middle East will be completely redrawn and it is increasingly likely we are seeing the first waves of what will eventually turn into a major collapse of Saudi Arabia.  Read more

Russia sets chessboard for major Middle East war and transition to global dominance with one apocalyptic move

The United States has enjoyed the preeminent position globally as well as the Middle East for the last half a century. Like all empires, the sun has risen and now may be setting on the American century.  This is due in no small part to atrocious leadership and imbecilic foreign policy controlled by ideologues and special interests.  In particular, the US has lost significant influence in the Middle East over the last decade by turning allies into enemies and sovereign nations into hostile failed states.  In the process, the US created leadership vacuums that it was unable or unwilling to fill.  In those voids reentered old actors with Russia leading the way.  With Russia now firmly retrenched in the Middle East, the US can no longer afford to continue with business as usual.  The US must reevaluate its entire foreign policy positions and design a new grand strategy recognizing Russia is no longer a spoiler, but the kingmaker in the Middle East.  Russia has set the chessboard in the Middle East to achieve global dominance in one apocalyptic move.  As such, if there is to be war or peace, analysts should be looking toward Russia. Read more

Should we worry about North Korea’s nuclear test and what to do?

The news wires lit up last night with news North Korea tested a hydrogen bomb. If true, North Korea possessing the technology to create a thermo-nuclear weapon would be troubling to say the least.  However, the far greater threat will come from what North Korea does with the technology.

Let’s be clear, if then President Bill Clinton had not allowed North Korea to develop nuclear weapons we wouldn’t be in the mess. However, Clinton was completely wrong about North Korea and we are paying the price for his strategic miscalculation.  I don’t personally believe North Korea has the capability or will to directly attack the United States, but I do believe the hermit kingdom would sell the technology to anyone and this is why we need to be worried.  Read more

A Message to the Members of the US Military

Instead of exposing lies and treason within the top tiers of government, today, I am going to simply make a plea to the service members of the US armed forces and those thinking about joining. The message is simple.  If you aren’t in, don’t join.  If you are currently in the service, do what you have to do to survive, bring your troops home safely, and get out.  The missions are garbage, the wars are lies, and you are serving the special interests of the elite, not your nation.  Don’t be a fool and buy into the propaganda.  Contrary to your leadership that sold you out long ago, I actually care about your well-being and the future of this nation.  If I can wake even one person up and save them from being killed or heinously wounded in another unnecessary war, this post was worth infinitely more than the time it took to compose.

The issue of service in today’s military was directly put to me by a mother who asked whether I thought her son should enlist in the Marines. Knowing this lady and her son, I thought long and hard before answering her with a definitive, “No.”  The lady knew that I had spent many years in the military in both the enlisted and officer ranks and had served in combat in both Iraq and Afghanistan so seemed taken aback by my blunt answer.  Clearly surprised, she asked what my rationale was for saying it was a bad idea.  I told her the military was bad enough while I was in the service, but the waste and abuse of the lives of our service members is now at the worst levels since Vietnam.  Our troops are simply cannon fodder for wars the US not only has engineered, but has no intention of decisively ending.  Granted, the equipment and training the military provides is better than it ever has been, but our senior leadership is the worst I have ever seen, there is no will or strategy to win, and our troops are being left for dead in places like Afghanistan for political expedience.  Further, all of our efforts, as honorable as they were, were completely in vain in Iraq and Afghanistan because of the massive dereliction in our leadership.  If our leadership and all of NATO couldn’t even handle the Taliban, what does your survivability look like in the military when the elites pick the next fight with an actual competent enemy like Russia or China?  Until the US military purges its general staff and the country elects a competent Commander-in-Chief, run for the door.

Just today in Afghanistan we lost another American serving with a special operations unit. This makes me sick to my stomach with sadness.  Dropping all of the patriotic propaganda, what did that operator give his life for?  How is the loss even remotely justifiable?  Read more

One Step Closer to Major Middle Eastern War between Iran and Saudi Arabia

Readers of Last Minute Survival are well aware that I have been correctly predicting for years the progression of events in the Middle East toward a total regional conflagration. Speaking broadly of a few key events, I predicted the rise of ISIL, the spread of the “civil war in Syria” to Iraq, and the proxy war between Saudi Arabia (Sunni) and Iran (Shia) going hot.  The execution of a prominent dissident Shiite cleric in Saudi Arabia just took this conflict one notch closer to a total war, which the United States is not prepared.  The brewing war has triggered a nuclear arms race in the Middle East and it now appears averting a massive war will not be possible.  The only question is how to best mitigate the damage.

This escalation has not been fully appreciated in the US and in fact seems to have been discounted by the US Department of State, which will certainly be “surprised” when both countries begin to mobilize their militaries. Both nations are now moving toward a war footing, which has initiated a secret nuclear arms race in the Middle East.  Iran knows Saudi Arabia has a far more modern military and the backing of the United States, the Gulf Coast Countries, and possibly Israel, Turkey, and Pakistan.  Iran is also threatened by Saudi backed Sunni extremists fighting to overthrow its allies to the west in Iraq, Syria, and Lebanon while being boxed in by another Saudi backed Sunni extremist group, the Taliban, to its east in Afghanistan.  Iran knows Pakistan has agreed to supply Saudi Arabia with nuclear weapons.  Iran’s generals are not stupid and assess that they must obtain nuclear weapons if they have any hope of successfully defending Iran.  They are also racing to improve their anti-access and missile technologies to thwart any type of amphibious invasion from the US while effectively being able to attack Saudi Arabia’s water and oil installations from afar.  Further, as I have warned, Iran has been racing to operationally deploy advanced, Russian, S-300 air defense systems, which will effectively deny Iranian airspace to all but 5th Generation fighter/attack aircraft.

As overwhelming as the odds may seem to Iran, Saudi Arabia is justifiably terrified of a powerful Iran. What Iran lacks in high tech military hardware, it has in willpower and individual fighting capability, which will prove far more potent than anything the Saudis can muster for a war.  Those of us that have worked with the Saudi military know that the Saudi military is a paper tiger.  The Saudis are lazy and incompetent as warriors, but they have a big checkbook that keeps the US military industrial complex in business.  This keeps Washington and the Pentagon from ever effectively addressing the issue, which will become brutally apparent when a direct conflict between the nations breaks out.  In a head to head fight, Iran’s fighters are better trained, better organized, and far more motivated than even the best Saudi units.  In fact, aside from perhaps Jordan, the Arab armies are a joke.  Most are probably more likely to shoot each other (intentionally or not) before ever fielding an effective force against an enemy.  Further, although Iran has proven its ability to project forces beyond its borders successfully, and would no doubt use Iraq as a staging area for a land invasion of Saudi Arabia, Saudi Arabia has no such force projection capability.  Without the ability to actually invade and defeat Iran, Saudi Arabia could only at best win a partial victory over Iran.  As such, Saudi Arabia must rely on buying off Washington to intervene and fight its war with American troops and treasure.  The Pentagon at least gets this, but what isn’t well understood by either the generals or the White House is that the Saudi backup plan if Washington bulks is to have a credible nuclear weapons capability that they will use if Washington won’t act.  The US is totally unprepared for and to date has no policy to even remotely address.  Read more

America is fed up with Obama’s lies: America puts boots on ground in Syria as predicted by LMS

It should come as no shock to our readers that the Third Iraq War President Obama initiated has already faltered.  As predicted, the strategy (or lack thereof see: http://www.blackboxwire.com/2014/10/11/islamic-extremism-and-what-lies-ahead-part-ii-the-war-on-isis-and-syria/) did not achieve the desired results so now the Department of Defense (DoD), no doubt testing the waters for the White House, is requesting boots on the ground.  As we warned, mission creep is a dangerous thing and would plague this operation.  What started with just a handful of “advisors,” grew into airstrikes in Iraq and then Syria, then over a thousand troops “on the ground,” and now US troop levels in Iraq will soon reach 3,000.  When this new batch of advisors fails to stop the growth of ISIL, expect Obama to retract another “promise” and have “no choice,” but to commit US combat personnel to the fight in Iraq.  Soon, just like in Vietnam, Obama will be steadily sucked into another full blown war in Iraq that the US will neither win nor be able to afford.

This introductory paragraph could have been snatched from today’s headlines detailing how President Obama walked back his repeated promises not to put American “boots on the ground” in Iraq. However, it is a verbatim cut and paste from an article I wrote just over a year ago predicting EXACTLY what is occurring.  See: http://www.lastminutesurvival.com/2014/11/18/update-on-the-third-iraq-war-against-isilisisisaqsyriaetc/#more-768  Not so ironically, you didn’t hear the radio and talk show hosts and other “enlightened” pundits detailing this foreseeable reality a year ago because they are hacks.  However, today the airwaves have been alive with people taking notice.  Savage, Hannity, Beck, Wilkow, O’Reilly, etc. all have been detailing how the President lied and how the strategy they supported to bomb ISIL has not worked.  I say better late than never to the party, but American’s need to wake up now. Read more

Danger Alerts: Risk of war with China and North Korea dramatically increasing

Historically, North Korean threats were nothing more than sabre rattling akin to a young child acting out for attention. However, North Korea today is more unstable than ever. Its people are starving, its economy is virtually non-existent, and it now has nuclear weapons (thanks to the last 3 US Presidents). Worse yet, Kim Jong Un, the nutcase boy “leader” that makes Caligula look like a decent guy, has his finger on the trigger ready to initiate a major war. So what makes this escalation by North Korea something we should take more serious than the countless previous flare-ups on the peninsula? In short, North Korea isn’t the issue, but its puppet master China is the game changer. China is in trouble and could use this latest escalation to turn the skirmish into a hot war. The probability of this is higher than it has been in since the end of the Cold War and it is making analysts take the threats far more seriously. Read more

Economic Collapse Begins: US Government and central planners launch cyber attack on New York Stock Exchange and then blame China

As I warned on Monday, all of the signs and conditions for the markets to begin their crash were in place.  I specifically said to watch China, Greece, oil, and bonds.  As of today, the markets were a disaster.  Even after substantial intervention by central banks, the markets are still crashing globally.  This has the potential to spiral out of control very quickly as the Chinese stock market has already lost nearly 40% of its value erasing trillions in a matter of hours.  As such, it appears the central planners are losing the ability to manipulate markets higher.  The market conditions now are pointing to a severe market correction and everyone should take action to protect any wealth they have managed to accumulate or risk major losses over the next 48 hours.  Ominously, this crash is also being used to provoke a war with the Chinese to distract the population from the fact our leaders have criminally obliterated the US economy.

Most consequential at the moment, it appears the central planners in China have so far been unable to stabilize their markets and halt the collapse in their stock market.  I noted this would be a key factor to monitor this week as an indication of whether or not the markets were going to move toward correction.  Read more

Has the Great Economic Collapse Begun?

Over the last two weeks, major movements have been taking place economically across the globe.  These events are moving international markets into “correction” territory, but cumulatively, could quickly spiral into a global meltdown of markets.  Although, the US hasn’t reached critical mass and may actually experience a short term strengthening of markets as international markets flee to the US for safety; the signs of a major crash are now flashing red.  What should you look for and what can you do?

Four major places to watch right now are Greece/European Union (EU), China, oil, and bonds.  Greece has the potential to start a ripple effect against austerity across the EU triggering a banking run, panic, and global losses.  This could unhinge the massive derivatives market and alone cause a global economic collapse.  China is so big now that the recent losses in their market will spread globally this week if the losses are not stabilized.  Any major downturn in China’s economy will further increase the already saturated oil market driving the price per barrel even lower.  If oil continues to drop and stay low, US oil producing states will feel this the hardest, which will sharply increase US unemployment numbers.  The loss of high paying jobs will throw even the totally fudged US financial numbers clearly back into recession territory and drag the world back down with it.  Finally, the bond market has seen a liquidity crunch that likely will only get worse.  If governments can’t manage to keep their bond yields low, the already massive debt loads (and payments on interest) these nations are carrying will explode and force them into financial crises far worse than anything Greece is facing.

Presently, the situation in Greece is very serious.  Read more

New Evidence of Intentional US Escalation with China

South China Sea and the Spratly Islands Source: ZeroHedge.com

South China Sea and the Spratly Islands
Source: ZeroHedge.com

In yesterday’s Global Updates (May 21, 2015), I noted that the US was beginning to escalate tensions with China.  My commentary focused on the reasons for the recent escalation.  Contrary to a simple “China is expansionist” argument, I argued it was far bigger and about global economic dominance.  The facts are China is now a peer competitor to the US and has established a counter to the post-Bretton Woods financial order.  China’s monetary challenges directly attack the US Dollar’s world reserve status and the hegemonic control of the IMF/World Bank.  If the US dollar loses its status as the world’s reserve currency, it is game over as we know life in the US.  This has set the stage within the White House for an elite power struggle since some in the new world order/globalist camp, to include President Obama, welcome this US downfall while others in the old world banking elite fear significant financial losses and strongly oppose China’s rise.  In simple terms, some of the Western banking elite’s most powerful will lose massive sums of wealth and power from an ascension of China’s currency.  As such, I fear based on historical precedence that to prevent financial loss, the bankers will again be key contributors behind the scenes to engineering a new world war. Read more

Global Updates: May 21, 2015

ISIL holds Ramadi: The White House, Defense Department, and Secretary of State have all down played the fall of Ramadi as a small “target of opportunity” and mild “setback.”  However, in reality, the fall of Ramadi was very foreseeable and a massive military disaster for the Iraqi government.  As I forecasted, Mosul would not be retaken anytime soon and the Obama strategy…or lack thereof, would be a total disaster.  See http://www.lastminutesurvival.com/2014/10/01/islamic-extremism-and-what-lies-ahead-part-ii-the-war-on-isis-and-syria/#more-699 Rather than being beat back, it is now highly likely that ISIL will continue to press its attack while the Iraqi Army is trying to regroup and capture large parts if not all of Fallujah.  If Fallujah falls, Baghdad will finally be seriously threatened by ISIL.

Sirte falls, ISIL takes 3rd major city in 48 hours:  In what is proving to be another example of Obama’s Foreign Policy disaster initiated under Secretary Clinton and amplified under Secretary Kerry, another major city has fallen to ISIL.  However, it is not in Syria or Iraq.  The city is in Libya.  Yes, the country Obama, Rice, Clinton, and Power “liberated” has now had the western city of Sirte overrun by radical Islamists loyal to ISIL.  According to my count that makes the score in just the last 48 hours 3 ISIL: 0 USA.  Ramadi, Palmyra, and now Sirte all have been overrun.  Even if ISIL can’t hold the ground, the fact they took down three major cities in just days is telling of how “successful” the US strategy to combat ISIL has been.  In fact, Obama’s “strategy” has been such a disaster, one would conclude that he couldn’t possibly have been that stupid and the only way this could be occurring was if it was his intent all along.  It is either amateur hour and Obama desperately needs to read some alternative news and hire new NSC advisors or the man is a traitor.

Russia no longer allowing NATO supplies to move across its borders to Afghanistan:  In another foreign policy disaster that has completely escaped the government media complex, Russia has now halted NATO supplies crossing its borders to Afghanistan.  I verbatim warned of this on March 23, 2014 saying the Russians could play this card in retaliation for NATO escalation in the Ukraine and make it extremely painful to maintain our troops in Afghanistan. http://www.lastminutesurvival.com/?s=russia+will+cut+supply+lines Now the US has only one supply route for its forces.  The unreliable and costly southern supply route begins in the Port of Karachi and runs north through Pakistan and into Afghanistan through extremely dangerous Taliban controlled provinces.  Each convoy that is allowed to pass through these areas pays a heavy toll, which in turn is then used to fund Taliban operations.  Further, Pakistan now has gained significant political leverage over Washington to extort any amount of money it wishes to allow passage of critical NATO supplies.  http://rt.com/news/259809-russia-stops-nato-afghanistan-cargo/

FBI making house calls to people concerned about Jade Helm 15:  In what could be viewed as a major escalation bolstering concerns amongst the public over the upcoming Jade Helm 15 exercise, FBI special agents have apparently begun making house calls to concerned citizens that have raised questions publicly.  http://www.shtfplan.com/headline-news/video-fbi-now-going-door-to-door-interrogating-americans-about-jade-helm-military-exercises-we-follow-pp-with-anything-like-that_05212015 Although, the special agents appear very polite and almost embarrassed to be performing the house calls, the fact they are knocking on doors is chilling.  Ironically, if the intent was to quell fears and concerns as the agents suggest, they are clearly having the exact opposite effect.  I doubt the special agents are so dumb that can’t figure this out, but why they are not speaking out about how ridiculous and counterproductive these visits are is disturbing.  Common sense tells you their real intent is to gauge the subject’s political views and whether or not to deem him a threat.  As agents, they should be well aware that people are allowed to have distrust of the government, dissent, and openly question authority especially, when it is launching an exercise designed to target American citizens in the US.  Whether the intent is to intimidate or not, it is clear field offices have been spun up to believe citizens that simply want the rule of law respected are now the threat.  This has been so hyped by DHS and the DOJ, it is coming at the expense of legitimate threats like MS13 and New Black Panther Party members publicly calling for the execution of police and making good on those threats.  The Justice Department will certainly spin this to say it is just doing its “due diligence” to make sure things are peaceful and safe, but anyone with half a brain sees the biased political motivations forcing agents out to conduct house calls on people that pose zero threat to anyone following the law and respecting the US Constitution.

China and US escalate tensions:  Recent moves by China to exclude airspace to US military aircraft has led to an increase in tensions.  However, this really has nothing to do with some small dots of islands, territorial integrity, or military development.  The deeper issue arising is that China has risen to a peer competitor level status with the US threatening the post-Bretton Woods financial establishment.  Historically, when the bankers were threatened it led directly to war and I doubt this will end differently.  Specifically, China has established a counter balance to the IMF that Washington desperately tried to stop and utterly failed to prevent.  This single act has broken the IMF/World Bank monopoly and the major banking families intend to make China pay for its actions.  Further, China has also been concluding multi-billion dollar oil/gas deals with Russia, which has undermined any ability Washington thought it had to isolate and strong-arm Russia.  In short, China is now seen as a real threat, but not to America, but rather, to the elites of the Western financial monopoly.  As such, you can bet you will see a strong shift toward painting China as a bigger and bigger existential military threat that very well could lead to the outbreak of war.