China Dumping US Debt At Record Levels


Posted originally on May 18, 2024 By Martin Armstrong 

Central_Bank_China

As I have been warning, these STUPID Neocons threatening the world have ZERO respect for the American people or our economy. Threatening China when they are the largest holder of US debt is braindead. As I have said, China would be stupid if they did not start to dump every penny of US debt because when these Neocons start a war, they will default on all debt held by foreign enemies, which they define as anyone who opposes their commands.

US debt to China Buy Bullets

CHINA sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to exit the US debt market thanks to war. Beijing dumped a total of US$53.3 billion of Treasuries and agency bonds combined in the first quarter, based on Bloomberg calculations of the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of US$22 billion of Treasuries during the period.

An people expect interest rates to decline?

China and Blackrock – Biden EPA Rolls Out USA Auto Mandates Forcing EVs to Make Up Two-Thirds of Passenger Vehicles – Who Benefits?


Posted originally on the CTH on March 20, 2024 | Sundance 

The backstory is so transparently corrupt it requires an explanation, so we’ll go down the full rabbit hole and explain how China knew – to a demonstrable certainty – their multi-billion dollar investment in Mexican EV plants would be useful.

 Always remember, there are trillions at stake.

First, who was installed in the Biden White House in charge of all personnel and staffing?  Catherine Russell. {SEE HERE} Who is Catherine Russell?  She’s the wife of Tom Donilon, a long-time aid and advisor to Joe Biden who served in the Obama White House.

After serving as Obama’s National Security Advisor (prior to Susan Rice), Tom Donilon then went on to become “Chairman of the BlackRock Investment Institute {SEE HERE}.”  His job was literally to “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation.” 

In essence, the Donilon family represented the interests of Blackrock in the White House.

Second, Tom Donilon’s brother, Mike Donilon is a Senior Advisor to Joe Biden {link} providing guidance on what policies should be implemented within the administration.  Mike Donilon guides the focus of spending, budgets, regulation and white house policy from his position of Senior Advisor to the President.

In June of 2022, Blackrock’s Tom Donilon was then appointed to be co-chair of U.S. Department of State’s Foreign Affairs Policy Board {SEE HERE}, in charge of U.S-China policy.  Can you see where this is going?

Blackrock, a massive multinational investment firm with assets in the tens-of-trillions, was essentially guiding/constructing the policymaking of the White House, through Tom Donilon, Mike Donilon and Catherine Russell (Tom’s wife).  Blackrock then took out massive investment stakes in China, including in the Chinese auto-making industry, with specific focus on EVs.  Tom Donilon, now shifting to the State Dept and guiding US-China policy, was the Blackrock government embed, ensuring policy that would keep their investments lucrative.

Pictured above BlackRock Investment Institute Chairman Tom Donilon (former National Security Advisor to President Obama), celebrating an international collaboration with China’s Chairman Xi Jinping

Next up, in late 2023 the Chinese auto firms carrying the Blackrock investment money, then made big announcements. “BUSINESS INSIDER – Three major Chinese EV companies are planning to build new factories in Mexico, sparking concern among US officials, according to a new report.  MG, BYD, and Chery are all looking at sites to build new factories in the country, according to unnamed sources cited by The Financial Times, and this investment is causing angst in Washington.”

The total investment in Mexican auto plants, specifically to build Electric Vehicles (EVs) for the USA market, exceeds $5 billion.  A very big investment considering that EV sales in the U.S. were not going so well.

So, think about it, what did Blackrock know about the USA EV market: (a) that defied current market conditions; and (b) that would support such a move by the Chinese auto manufacturers they financially supported?

Today, we get the answer:

(Politico) – The Biden administration is unleashing a flurry of regulatory actions that aims to shift the nation toward electric vehicles — with the biggest rule coming Wednesday to set strict limits on climate pollution from passenger cars.

The regulation being announced by EPA Administrator Michael Regan, as POLITICO’s E&E News reported last week, would slash greenhouse gases from cars and light trucks in half, while pushing to have electric vehicles make up about two-thirds of new passenger vehicle sales by 2032. (read more)

As noted in a second Politico article:

The final version of the Environmental Protection Agency’s Clean Cars rule is the strictest federal climate regulation ever issued for passenger cars and trucks — even though it offers manufacturers a slightly slower phase-in of pollution limits than the EPA had first proposed last spring.

The agency estimated a year ago that the rule could lead to two-thirds of new cars and passenger trucks being electric in 2032. Wednesday’s version says automakers could build a mix of vehicles to comply with the rule, including fully battery-powered vehicles, plug-in hybrids that run on electricity and gasoline, and more efficient conventional engines.

EPA Administrator Michael Regan’s official rolled out the rule on Wednesday at a Washington event attended by carmakers, environmentalists and other groups.

President Joe Biden said the rule fulfills his promise to cut the nation’s carbon pollution in half by the end of the decade while promoting American workers. “Together, we’ve made historic progress. Hundreds of new expanded factories across the country. Hundreds of billions in private investment and thousands of good-paying union jobs,” Biden said in a statement. (read more)

Biden is a blithering idiot, a pretense, a false target.  Biden reads what people tell him to read; he’s not the origin of the feces he spouts.  Silver Spoon, “lunch bucket” Biden has no clue, and his Blackrock handlers keep him that way.  Biden can tell the U.S. auto manufacturers anything; he has [¹]no clue what the actual policy being constructed is all about.  The Biden family will be paid handsomely, either by the Blackrock group or by the Chinese -as is the background record.

So, let’s encapsulate things so far.  (1) The interests of Blackrock determined the White House key staff and policy makers. (2) The Donilon clan represented those Blackrock interests and worked inside both the White House and State Dept to create and maintain policy favorable to Blackrock’s Chinese EV position.  (3) China/Blackrock invest massively in Mexican EV production. (4) White House/EPA generate policy to support the Blackrock investment.

That’s how the three Chinese auto firms could be so sure of their decision in 2023 to invest in the Mexican Blackrock EV plan.  The one that President Donald Trump rightly says will create a “bloodbath” in the U.S auto industry.

It is not the politicians; they are functionaries.

What I am saying directly is that Blackrock is the origin of the policy, and Blackrock is the beneficiary of the policy.

This is what I mean when I keep saying, “there are trillions at stake,” and “it’s not the politicians we should be looking at.”

In 2008, it was the SEIU who were the foot soldiers for Barack Obama.  In 2009, SEIU President Andy Stern was the #1 visitor to the White House.  The SEIU needed to get rid of the healthcare liability inside their pension plan because the union was about to go broke.  That’s the origin of Obamacare.  In 2024 Biden is manipulating the UAW leadership into the same position, looking for election help.

But wait, it gets worse…

Blackrock is in control of policy.  Now look at where Blackrock investment has been pre-deployed, and that’s where you see Biden policy coming into play. Blackrock and JPMorgan set up the Ukraine reconstruction bank {SEE HERE}.  That’s the core of the Ukraine issue.  It’s not ideological, it’s financial.  Follow the money.

But wait, it gets even worse….

Have you followed my research on the Russian sanctions?

2022 – NEW YORK, March 24 (Reuters) – BlackRock Inc’s (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades.

In a letter to the shareholders of the world’s largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest.

A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption”, he said.

[…] In the letter on Thursday, the chairman and CEO of the $10 trillion asset manager said the Russia-Ukraine crisis had put an end to the globalization forces at work over the past 30 years.

[…] “While companies’ and consumers’ balance sheets are strong today, giving them more of a cushion to weather these difficulties, a large-scale reorientation of supply chains will inherently be inflationary,” said Fink.

He said central banks were dealing with a dilemma they had not faced in decades, having to choose between living with high inflation or slowing economic activity to contain price pressures.  (read more)

Now do you see the source, origin and beneficiary of the global cleaving? 

The U.S. government didn’t construct the Russian sanctions, Blackrock did! 

Blackrock lays the foundation for the Dollar-Based U.S. Digital Currency (USCBDC) with the construction of Russian sanction policy.  How is that US-CBDC process facilitated in real terms?  With the five big US banks controlling the flow of the digital funding mechanism.

RELATIONSHIPS – Larry Fink (Blackrock) and Jamie Dimon (JPMorgan) created the Ukraine Reconstruction Bank.  Now, there are only two real threats to the creation of a US-CBDC as it currently appears.  Threat #1 is Donald Trump.  Threat #2 is the way people would work around the dollar based CBDC, unregulated crypto currency.

Who opposes crypto currency?

  “I’ve always been deeply opposed to crypto, bitcoin, etc.,” Dimon said in response to a question from Sen. Elizabeth Warren, D-Mass. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance because it is somewhat anonymous, not fully, and because you can move money instantaneously.  “If I was the government, I would close it down.” (read more)

Can you see it now?

I’ll have much more on this issue soon, but its critical people start to understand what is going on.

We will win this battle and eventually this war, or I’ll die fighting it.

They are trying to move fast, because people are catching on now.

We are on the right side of every issue; we cherish liberty and individual freedom.  Our opposition is built upon a foundation of fraud and lies.  The politicians are corrupt, and their arguments collapse when put in the sunlight; but they are not the root of the problem. [²] They are vessels.  That’s why the multinationals like Blackrock need the rules and referees (politicians) slanted in their favor.  That’s why they need censorship, deplatforming, and beyond everything else…. they must control information.

The key battle right now is an information war.

[¹] [²] Now do you see why they built him a stage..

“China Is An Existential Threat To America” and What The US Should Do Now | Bradley Thayer PhD


Posted originally on Rumble By Kim Iversen on: Feb 9, 2024 at 3:00 pm EST

James Fanell Joins WarRoom To Discuss The CCP’s Commitment To The Destruction Of America


Posted originally on Rumble By Bannons War Room on: Feb 7, 2024 at 10:00 pm EST

Dr. Bradley Thayer Discusses China’s Attempt To Become Hegemonic


Posted originally on Bannons War Room on: Feb 7, 2024 at 9:20 pm EST

Chairman Xi New Year Message About Taiwan: “China will surely be reunified”


Posted originally on the CTH on January 1, 2024

In his New Year message to the people of China, Chairman Xi Jinping affirms the intention to unify Taiwan with China.

[Full Translation HERE] From the speech:

“We will continue to support Hong Kong and Macao in harnessing their distinctive strengths, better integrating themselves into China’s overall development, and securing long-term prosperity and stability. China will surely be reunified, and all Chinese on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation.”  ~ Chairman Xi Jinping (link)

This is sure to create anxiety amid the DC interventionists within the U.S. foreign policy establishment.  However, with the USA bogged down in two regional conflicts, Israel/Gaza and Ukraine/Russia, the window for China to influence the Taiwan election is wide open.

ALJAZEERA – […] Beijing’s policy towards the self-ruled island it claims as its own will again be under the spotlight when voters in Taiwan go to the polls on January 13 to choose a new president and parliament, and the United States will be watching closely.

At the moment, William Lai Ching-te, the incumbent vice president and the candidate of the ruling Democratic Progressive Party (DPP), is expected to emerge the winner.

That result would likely rankle Beijing, which portrays Lai as a “separatist” bent on independence and ensure continued tension across the narrow strait that separates the island from China.

“Washington is well prepared to deal with any choice that the Taiwan electorate makes, but there’s certainly going to be different opportunities and challenges depending on what the results of the election are,” Rorry Daniels, the managing director of the Asia Society Policy Institute, told Al Jazeera, adding that the US would be considering strategies for the “appropriate political signals” to deter any Chinese military responses. (more)

Mercantilism v Consumerism – China’s Direction


Armstrong Economics Blog/World Trade Re-Posted Oct 26, 2023 by Martin Armstrong

Mercantilism is the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism, according to the Oxford Dictionary. We see nations like Germany rely on this model as they produce various products to export through trade. German manufacturing has provided the nation with Europe’s strongest economy, but this is not the model China is following to become America’s successor as the financial capital of the world.

Italy may have a lower GDP than Germany, but the average Italian has a higher net worth than the average German. The average Italian has a household net of $295,020. In contrast, the average German household is worth $304,317. Yet Italy has half the GDP of Germany at 2.108 trillion compared to 4.26 trillion. A few short years ago, the average Italian or Spaniard had a higher net than the average German despite Germany having the strongest economy in the continent.

Germany has clung to inflationary fears in the aftermath of the hyperinflation that arose post-World War II. The government has kept taxes high as a result. What made America great was consumerism – people lined up to sell products to Americans. Germany, on the other hand, focuses on producing products to sell to someone else.

China understands what Germany does not. China is moving in the direction of the US to create a consumer-based economy. It will take time, but in 15-20 years, nations will line up to sell to the Chinese.

China Moves Six Warships into the Middle East Amid Rising Tensions


Posted originally on the CTH on October 21, 2023 | Sundance 

Please remember the global economics of the thing always aligns with the motives and outcomes of the thing.  Remember, Saudi Arabia just joined the BRICS coalition, BRICS+.

A new report shows China is moving six additional warships into the Middle East amid concerns the Israeli War could expand into a larger regional conflict.   China is aligned with multiple interests; and cunning Panda also supports the Biden administration end goal of a two-state solution in Israel.

(UK EXPRESS) – China has deployed six warships to the Middle East as the conflict between Israel and Hamas escalates, according to reports.

The 44th naval escort task force – from the People’s Liberation Army (PLA) Eastern Theatre – has been involved in routine operations in the region and spent several days in Oman last week.

The Chinese warships left Muscat for an unspecified location on Saturday after participating in an exercise with the Omani navy.

The task force includes the Zibo, a guided missile destroyer, the frigate Jingzhou, and the supply ship Qiandaohu – all of which will be stationed in the Middle East as Israel prepares for a ground invasion of Gaza.

During the visit to Oman, Chinese commanders met with Omani military officials and visited military institutions, while sailors from both countries toured shops and even organized a basketball game, according to a state news agency.

Since arriving in the Gulf of Aden north of Somalia six months ago, the PLA task force has been involved in escort missions for shipping.

However, it handed over its mission to the 45th task force – from the PLA’s Northern Theatre command – earlier this month.

Chinese leader Xi Jinping said on Thursday that a two-state solution to establish an independent Palestine is the “fundamental way out” of the Israel-Hamas war. (read more)

We need to keep watching these developments closely.

The U.S. has positioned two carrier battlegroups in the Mediterranean.   One group contains the USS Carney, an Arleigh Burke-class destroyer assigned to USS Ford Carrier Strike Group 12.  The Carney traveled through the Suez Canal Wednesday and immediately intercepted 4 cruise missiles and 11 drones from an unknown origin with an unknown destination. {Go Deep}

The original Pentagon statement has not changed in the past 48 hours.  Unknown origin, unknown target.  The missiles entered the protection zone of the strike group, so we shot them down.

All of the follow-up reporting about Yemen and Israel, as the origination and target respectively, has come from high level “U.S. government officials,” not the military.   That approach indicates a sensitive political matter, with the Biden administration (State Dept, NSC and Intel) guiding and controlling public information very carefully.

If you just stick to the Pentagon as the source of information, there has not been a change since the original report to the media.

Something remains sketchy.   I’m still not sure what it is, but something is not passing the sniff test.

China now moves six additional ships into the region.

What interests specifically is China planning on defending?

Also, Asia Times 

US Provokes China – Russia’s Alliance with China Grow Stronger


Armstrong Economicsa Blog/War Re-Posted Oct 20, 2023 by Martin Armstrong

China has attempted to remain neutral but the Neocons won’t allow that to happen. China is enjoying its recent economic boom and building strategic partnerships through trade and international relations. China has grown to become a global power and will become the next financial capital of the world when all is said and done. Never in my wildest dreams did I ever expect personally that the West would be the aggressor. Now I can see Neocons, who I even personally have known, are really in control of the Biden Administration. The Pentagon released the video above, with CBS News claiming Chinese fighter jets were harassing US planes in international airspace.

Were the planes flying by the coast of California or Hawaii? No. US warplanes were flying near the Taiwan Strait once again. China has repeatedly warned America not to interfere in its One China policy with Taiwan. The media spins the situation as if the government actually cares about the people of Taiwan. The truth of the matter is that the Neocons want to play war games with our tax dollars and do not like China’s recent success or status as an economic powerhouse.

China will eventually be pushed to the brink and will have no alternative but to engage in war. The Pentagon said that US and Chinese fighter planes have come in close contact 180 times since 2021, surpassing the number of encounters of the past decade. China now has the ability to push back and knows the West’s resources are stretched thin.

Putin visited Xi this week in Beijing where he was greeted as a guest of honor. Syria, Saudi Arabia, and Iran are heavily backed by Russia and China, among other Middle Eastern nations. The BRICS partnership has grown so strong that no one is dependent on Western energy, and eventually, no one will be dependent on Western trade or debt. They no longer need to use the currency of their adversary. China is attempting to remain neutral in both the Israel-Palestine and Russia-Ukraine wars, but Taiwan is where they draw the line.

As a Senator, Joe Biden scoffed at the idea of a China-Russia alliance in the event of NATO encroaching on Eastern Europe. Take a look at the video above from 1997 — yes, that was Joe Biden before his health declined to the point where he can hardly speak or step off a stage. Putin was Yeltsin’s deputy-in-chief at this time of this speech, and Bill Clinton was the president of the US. Baltic states were lining up to join NATO back then, which threatened Russia’s national security. Biden insisted that Russia would have no alternative but “to look West.” This was one of the original plans to infiltrate Russia and install a pro-Western leader.

“Yes, we see that some people consider it an attempt by the People’s Republic of China to put someone under its thumb, but we see otherwise. We just see a desire for cooperation,” Putin stated. Last year, China and Russia signed a “no limits” partnership in the wake of the war in Ukraine. They are teaming up against Western aggression, it is not the other way around. All of the players are aligning and preparing for the inevitable.

Iran Threatens US – America’s Enemies Grow Bolder


Armstrong Economics Blog/War Re-Posted Oct 19, 2023 by Martin Armstrong

America’s adversaries no longer live in fear. They see how divided the nation has become under one of the most disastrous administrations in US history. Only a few short years ago this would not have happened. When the Taliban was threatening the US, then President Trump sent the leader of the Taliban a picture of his house.

“Didn’t you at one point tell him, ‘I know exactly where you are,’ and give him the exact coordinates where he was?” Sean Hannity asked Trump. Trump replied, “No, I sent him a picture of his house. He said, ‘But why but why do you send me a picture of my house?’ I said, ‘You have to figure that one out.’ “I said, ‘If you do anything – from that point on we didn’t lose one soldier – we’re going to hit you harder than any country has ever been hit.’ He said, ‘I understand, your Excellency.’“

What happened when ISIS leader Abu Bakr Al-Baghdadi was captured? Trump went on national TV to announce that the US would make good on their threats. He explained to the world how the leader of ISIS “died like a dog” who spent his last moments in fear, running from American forces like a “coward” and hiding behind women and children. In another instance, Trump posted a simple picture of the American flag to social media moments before an airstrike in Iraq that killed one of Iran’s top generals. Trump promised to obliterate all of America’s enemies and America was feared.

Our enemies feel they have the upper hand now. Iran publicly threatened America a day before Joe Biden was set to arrive in Israel. Ayatollah Ali Khamenei’s adviser, Mohammad-Javad Larijani of the Axis of Resistance, issued a warning to America that aiding Israel “would be a strategic mistake” and would make it a “legitimate target for the resistance fighters in the entire region” He ominously uttered that “the war will not be limited to Gaza” and said “in the near future, America’s presence in Syria and Iraq will be very costly for them.”

America’s enemies are growing bolder under Biden’s weak leadership. A nation divided cannot stand strong.