Biden Say U.S. Willing to Use Military Action Against China to Protect Taiwan


Posted originally on the conservative tree house on May 23, 2022

The last question from the assembled press pool in Tokyo, Japan, brought about the most serious foreign policy response from the installed occupant of the White House.  Joe Biden said he is willing to use military force against China if Beijing decides to take over Taiwan.

[Transcript] – Q    Very quickly: You didn’t want to get involved in the Ukraine conflict militarily for obvious reasons.  Are you willing to get involved militarily to defend Taiwan, if it comes to that?

PRESIDENT BIDEN:  Yes.

Q    You are?

PRESIDENT BIDEN:  That’s the commitment we made.  That’s the commitment we made.  We are not — Look, here’s the situation: We agree with the One China policy; we’ve signed on to it and all the attendant agreements made from there.  But the idea that — that it can be taken by force — just taken by force — is just not a — is just not appropriate.  It will dislocate the entire region and be another action similar to what happened in — in Ukraine.  And so, it’s a burden that is even stronger.

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Australia and India Form an Alliance to Lessen Reliance on China


rmstrong Economics Blog/World Trade Re-Posted May 5, 2022 by Martin Armstrong

Trade tension between China and Australia has hit a new peak, with Australia now seeking to limit trade with China entirely. Former Australian Prime Minister Tony Abbott said that India will replace China in trade. “For economic reasons, we’re gonna [sic] have to replace China in supply chains and frankly, there is no better substitute for China and so many of their supply chains than India, given India’s very sophisticated manufacturing base,” Abbott stated.

Abbott accused China of “weaponizing trade” and “bribing or bullying other countries around the region.” Australia is now aiming for a $100 billion bilateral trade deal with India. India and Australia entered a free trade agreement in April entitled the “Australia-India Economic Cooperation and Trade Agreement” (ECTA) after over a decade of negotiations. The deal will increase trade between the nations from $27.5 billion in 2021 to $45 billion over the next five years. The agreement also seeks to increase duty-free imports on Indian products and eliminate over 85% of tariffs on Australian goods to India.

China blocked Australian imports during COVID after politicians requested an independent review of the Wuhan virus leak. China later allowed Australian goods to enter the country but increased tariffs significantly. The two nations withdrew from major projects shortly after, such as China’s Belt and Road Initiative.

China recently shut down its largest port and has been contributing to the supply chain crisis. They have had notoriously difficult trade negotiations with most of their largest trading partners. Although the models indicate China will eventually become the financial capital of the world, the road there will be a long one.

China’s Extreme Lockdown Measures


Reposed form Reddit

Wealthy Flee Shanghai


Armstrong Economics Blog/China Re-Posted Apr 22, 2022 by Martin Armstrong

The lockdown in Shanghai has caused immeasurable damage to the people and battered an already stunted global supply chain. The wealthy are now fleeing the city, as numerous agencies have reported a large uptick in immigration requests. The Financial Times reported a 7-fold increase in the search term “immigration” among residents.

The media has downplayed this story as they do not want the people to remember governments’ capabilities. As with the fall of many great cities, the wealthy are the first to leave. Shanghai may be one of the richest cities in China, but it is not immune to government tyranny.

Only 25 deaths in Shanghai were attributed to the coronavirus, but over 25 million people directly suffered from this lockdown. The lockdown was not about safety. Warehouses are beginning to open, but the world’s largest port ceased operations. Again, no world leaders commented heavily on these major issues.

Pets of the “infected” were eliminated by the government. There were reports of people jumping from high rises and others begging the police to take them to jail with the hope of having a meal. No world leaders have commented on these human rights abuses as they were done in the name of COVID.

US Antagonizes China with Surprise Taiwan Visit


Armstrong Economics Blog/China Re-Posted Apr 22, 2022 by Martin Armstrong

Lindsey Graham is at it again. He is one of the leading Neocons who has supported the Ukrainian Neonatzis and the war against Russians. Now he pulled off a surprise visit to Taiwan playing the very same game promising US support for a war against China should they invade. This came precisely during the week of April 18th which our computer warned would be an important geopolitical event. This insanity is just beyond belief.

I have no explanation why Graham is so intent on creating World War III. He is forcing China and Russia to combine forces and our model shows that this new alliance will not be alone. Much of the Middle East will join for they see Israel and in bed with the USA and the Zelensky is playing the Jewish Hero. This has divided the Middle East and while Europe is pledging an oil embargo against Russia, my sources in the Middle East are saying they WILL NOT fill the gap for Europe.

Shanghai lockdown will have a profound impact further creating shortages that will push inflation higher. This may recall being the objective given the obstinance of the US policy toward Russia. Shanghai officials said they would lift the lockdown only in batches once virus transmission outside quarantined areas was stamped out. There is no massive wave of deaths and it could very well prove to be a new strategy to combat American sanctions.

Biden Organizes Special Summit of ASEAN Leaders in Washington DC, May 12-13


Posted originally on the conservative tree house on April 16, 2022 | Sundance 

The ASEAN (Association of Southeast Asian Nations) region including India, comprises a combined population of 1.85 billion people, one-fourth of the global population. Thailand, Malaysia, Indonesia, Singapore, Philippines, Brunei, Vietnam, Cambodia, Myanmar (Burma), and Laos are included.

As Biden doubles down on a proxy war against Russia in Europe, and given the financial stakes within the western economic sanctions, the global trade cleaving could leave the countries around India with a decision on which financial trade mechanisms they will support.

This is the background for Joe Biden to organize a special summit of ASEAN leaders in Washington, DC, May 12th and 13th.

WHITE HOUSE – President Biden will host the Leaders of the Association of Southeast Asian Nations (ASEAN) in Washington, DC on May 12 and 13 for a U.S.-ASEAN Special Summit.

The Special Summit will demonstrate the United States’ enduring commitment to ASEAN, recognizing its central role in delivering sustainable solutions to the region’s most pressing challenges, and commemorate 45 years of U.S.-ASEAN relations.

It will build on President Biden’s participation in the October 2021 U.S.-ASEAN Summit, where the President announced $102 million in new initiatives to expand our engagement with ASEAN on COVID-19 recovery and health security, fighting the climate crisis, stimulating broad-based economic growth, promoting gender equality, and deepening people-to-people ties. 

It is a top priority for the Biden-Harris Administration to serve as a strong, reliable partner in Southeast Asia. Our shared aspirations for the region will continue to underpin our common commitment to advance an Indo-Pacific that is free and open, secure, connected, and resilient. (link)

…”So, well, I told them we needed to focus on cat food for transgender kittens.”

Marco Rubio Preparing to Join Biden in Destroying the World Economy


Armstrong Economics Blog/China Re-Posted Apr 15, 2022 by Martin Armstrong

The world has gone completely nuts and now even Republican Marco Rubio is drafting legislation to sanction China. Biden’s sanctions have totally destroyed the world economy, bringing globalization and world peace to an abrupt end. I have written to Marco Rubio in response to his Tweet, but I seriously doubt he will ever respond.

“I realize that the chances of this ever being answered are minus zero. I will nonetheless publish this on ArmsatronEconomics.COM. I have advised nations and I have testified before the House Ways & Means Committee. These sanctions on Russia have already destroyed the world economy ending the integrity of the SWIFT system. Sanctions have NEVER worked even one time in history and every president before Biden sought world peace where now all we see is world war III. All of this nonsense has only ensured the end of the United States as the leader of the world economy. Even SWIFT told Obama no way in 2014 would they remove Russia from the system. Now SWIFT has committed suicide and Biden has divided the world economy. This will never return to normal and your proposal to sanction China is insane. In fact, the arrogance of the United States as the policeman of the world has only led to our inevitable demise. SWIFT is no longer the foundation of the world economy and this is ending the economic status of the dollar and the United States. No nation lasts forever and just as the arrogance of Athens led to the Peloponnesian War; we too have become far too arrogant sealing our own fate out of stupidity. Sanction China and you guarantee their alternative to SWIFT and once you terminate the goodwill, then without trade, they no longer have the incentive to participate in the world economy and thus it is no longer a threat to bit the hand that feeds you.”

The European Union’s relations with China have also plunged to unprecedented new lows. The US has also floated these theories with allies in Europe to sanction China, with absolutely ZERO understanding of how the world economy even functions. World peace is established not by threats and a show or nuclear weapons. It is free trade that bound the Roman Empire together where conquered lands found it beneficial economically to be part of the Empire than on the outside, chucking spears across the border. By removing Russia from SWIFT and now threatening China with sanctions, if they dare to allow Russia to use their alternative, all I can say is the United States is doomed. Biden called Putin a war criminal, yet under this theory, President Johnson was a war criminal for the abuse of soldiers in Vietnam. There are allegations of war crimes against Americans from Afghanistan, Iraq, and Syria for starters. So is Obama also a war criminal? These sorts of allegations GUARANTEE there will be no peace — EVER!

Marco Rubio mentioned that he is mulling legislation to sanction China if it helps Moscow circumvent SWIFT sanctions. Once the trade is severed, there is no incentive to work together. The only thing that then resolves such disputes is war. We are watching India among many nations viewing the arrogance of America as a deterrent and pushing them into the arms of the alternative economy that is forming.

The US has been funding the Ukrainian Civil War because the Neocon hates Russians. They are now poking China and have the audacity to think threatening China with the same sanctions will cause them to fall to their knees and beg for forgiveness. This thinking is absolute lunacy. The American people are TIRED of endless wars. The US has been sending National Guard troops overseas. Reservists and National Guards are being sent overseas because we do not have the troops necessary. These are people who have families — not 18 years boys sent to die. These are also National Guard troops, who are NOT defending the nation, but other people.

Looking closely at the National Guard’s website informs us that it has not one but two missions. The “state mission,” which you remember from your service, is to “provide trained and disciplined forces for domestic emergencies or as otherwise required by law.” There is also a “federal mission” to “maintain properly trained and equipped units available for prompt mobilization for war, national emergency, or as otherwise needed.” We have had National Guard troops overseas in Iraq, Afghanistan, and elsewhere being called in on the basis of this federal mission yet it is questionable if that is legal without a declaration of war.

We need to be mindful that our politicians are quick to send people to die with no regard for their families left behind. There seems to be no serious thought about what is taking place, and it is all playing to the sound-bites.

CNBC Forced to Tell the Horrible, Terrible, Bad, Bad Results of Their Biden Performance Poll


Posted originally on the conservative tree house on April 13, 2022 | Sundance

CNBC commissioned a poll by Hart research and associates, a friendly outfit for the left.  Unfortunately, that means CNBC then needed to tell everyone what the results were [Full Poll pdf Here].  That task fell to CNBC’s Steve Liesman; an appropriate name given the task at hand.

The irony doubles when you remember this was the same CNBC pundit who refused to accept the horrible economic data that began surfacing last fall.  There was even a public broadcast where Liesman said the BLS statistics had to be wrong, because the results were so horrible.  A few months later, and here he is explaining how the country now feels about Joe Biden.   WATCH:

(CNBC) – […] The pessimism is clearly dragging on Americans’ opinions of President Joe Biden. In fact, nothing looks to be working in the Biden presidency from the public’s viewpoint.

The president’s approval rating sank to a new low of just 38%, with 53% disapproving. Biden’s -15% net approval rating is measurably worse than his -9% approval in the CNBC December survey. What’s more, his approval rating on the economy dropped for a fourth straight survey to just 35%, with 60% disapproving, putting the president a deep 25 points underwater. (article link)

Biden Calls Russia Military Operation in Ukraine “Genocide”, Commits Additional $800 Million in Weapons Today


Posted originally on the conservative tree house on April 13, 2022 | Sundance

Yesterday in Iowa, Joe Biden called the Russian military operation in Ukraine a “genocide,” which has a very specific set of legal definitions to it.

When asked if he had seen enough evidence to support that statement Biden responded:

“Yes, I called it genocide.  It has become clearer and clearer that Putin is just trying to wipe out the idea of even being — being able to be Ukrainian.  And the amount — the evidence is mounting.  It’s different than it was last week.  The — more evidence is coming out of the — literally, the horrible things that the Russians have done in Ukraine.  And we’re going to only learn more and more about the devastation. And we’ll let the lawyers decide internationally whether or not it qualifies, but it sure seems that way to me.”  (link)

Several ground reports from European journalists indicate the U.S. military is running all of the combat operations inside Ukraine. A French reporter said on Euro News, “I thought I was with the international brigades, and instead I was facing the Pentagon.”  Now today, Joe Biden announces he is arbitrarily sending U.S. combat helicopters into the conflict.

[Tweet Link]

(WHITE HOUSE) – I just spoke with President Zelenskyy and shared with him that my Administration is authorizing an additional $800 million in weapons, ammunition, and other security assistance to Ukraine.

The Ukrainian military has used the weapons we are providing to devastating effect. As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself.

This new package of assistance will contain many of the highly effective weapons systems we have already provided and new capabilities tailored to the wider assault we expect Russia to launch in eastern Ukraine. These new capabilities include artillery systems, artillery rounds, and armored personnel carriers. I have also approved the transfer of additional helicopters. In addition, we continue to facilitate the transfer of significant capabilities from our Allies and partners around the world. 
 
The steady supply of weapons the United States and its Allies and partners have provided to Ukraine has been critical in sustaining its fight against the Russian invasion. It has helped ensure that Putin failed in his initial war aims to conquer and control Ukraine. We cannot rest now. As I assured President Zelenskyy, the American people will continue to stand with the brave Ukrainian people in their fight for freedom. (link)

White House spokesperson Jen Psaki was asked about this escalation earlier today:

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The Biden administration is all-in for this Ukraine proxy war, taking all actions to highlight a zero-sum position.

People Are Starving Under Shanghai’s Lockdown


Armstrong Economics Blog/China Re-Posted Apr 12, 2022 by Martin Armstrong

People are starving in Shanghai. The screams heard in the disturbing video above are due to more than mere frustration. China placed millions under a strict lockdown that was initially supposed to last for five days. As cases allegedly spread, China extended the lockdown indefinitely under their zero-COVID tolerance policy.

Those who prepared for a five-day lockdown are now rationing what food and water they have left. The tap water is not necessarily safe for consumption, and people have begun to boil water if they have the means to do so. According to my sources, people living within communities rally together to buy bulk food orders when possible for a premium. China is offering a closed-loop system for some workers, who must live at their job site for the remainder of the lockdown. Therefore, workers are in short supply, and demand is extremely high. Hungry citizens typically log on to food delivery apps early in the morning and usually only have a few minutes to place their bulk orders. The food they receive is carefully rationed as the next meal is not guaranteed.

The barter system always emerges in times of disaster. People are trading with one another where possible, although they are forbidden from actually leaving their residences. No one is permitted to visit relatives or check on the elderly or disabled. Worse, people are unable to access medical care or prescription drugs. The government continues to provide rationed food, but its rollout has been so ineffective that most simply do not have access to food.

China will allow its people to die from dehydration and starvation to protect them from a virus with a negligible death rate. This is how revolutions begin.