Tag Archives: Chinese young men pouring across southern border

Jun 7 2023

Iran and Saudi Arabia – Mutual Friends


Armstrong Economics Blog/World Trade Re-Posted Jun 7, 2023 by Martin Armstrong

Iran and Saudi Arabia are now mutual friends through China. The two countries had been sworn enemies since the beginning of time, representing conflicting Shiite and Sunni Muslim groups that have been battling since their religion was founded. They were murdering one another through a proxy war in Yemen that has left over 150,000 dead. Then the unthinkable happened – the two nations came together at the request of China and made amends.

Chinese President Xi Jinping made them an offer they couldn’t refuse – the potential to form a strong alliance through trade without Western influence. Saudi Arabia issued a shocking press release in March, given the deep hatred it had for Iran. Saudi Arabia stated it was keen on “developing good neighborly relations…in light of their brotherly ties.”

Now, Iran announced it is reopening its embassy in Saudi Arabia as the two continue to put their differences aside for the prospect of economic prosperity. The embassy closed abruptly in 2016 after Saudi Arabia executed a Shiite cleric, leading to mass protests outside the embassy in Tehran. Riyadh and Tehran have not had diplomatic relations since.

Iran and Saudi Arabia would like to join the BRICS alliance between Brazil, Russia, India, China, and South Africa. If the two nations join, all major energy exporters will be within this alliance. BRICS currently contains 42% of the global population and over a quarter of the global economy. There would be absolutely no need for Western interference, and the threat of sanctions would hold little meaning. Saudi Arabia has already begun settling some oil transactions in the yuan instead of the dollar. Iran has been aggressively trading with the bloc; non-oil trade between BRICS and Iran reached $38.43 billion in the 2022-2023 fiscal year, marking a 14% year-on-year increase. China is Iran’s top trading partner in the BRICs alliance, with $30.32 billion of the aforementioned funds going directly to Beijing. An alliance could mean economic domination.

China seems to have done the unthinkable by brokering a peace treaty between the two nations. Opening an embassy signals that the countries are now ready to begin diplomatic relations once again. The BRICS alliance is growing stronger by the day, and there are rumors of the UAE, Egypt, Algeria, Bahrain, and even Turkey requesting to join. As our models have been warning, China is posturing itself to claim the throne of the financial capital of the world by 2032.

Jun 5 2023

Tiananmen – 34 Years Ago, Tonight


Posted originally on the CTH on June 4, 2023 | Sundance 

It was 34 years ago tonight when the Chinese government sent the Mongolian Army into Tiananmen Square to crackdown on the mostly student protestors.

It is against the law in China to recognize today, memorialize the dead, or even speak publicly of this bloody anniversary. Few people know the short and long-term political ramifications to this event which extended far beyond the borders of China.

Many people are familiar with this image:

However, not as many people are as familiar with the wide shot.

That’s some serious courage right there.

The June 4th 1989 anniversary holds a great deal of personal significance for those who witnessed the events.  Many of us remember exactly where we were as the first reports started to leak out.

Few people know how most of the regular Chinese military refused orders to open fire on the protesting crowd. Hundreds of young Chinese military soldiers actually formed lines around the mostly student activists in an effort to protect them. The Chinese government eventually bypassed the regulars and instructed the Mongolian military divisions who carried out the orders.

No one really knows how many were killed, and even the families of the fallen were too scared to speak publicly.

Those who were lost live on in whispered memories of lore.

So many.

So young.

We remember.

…Then the tanks came….

Jun 1 2023

Youth Unemployment in China


Armstrong Economics Blog/China Re-Posted Jun 1, 2023 by Martin Armstrong

Chinese youth are struggling to find jobs in urban areas. Unemployment for the 16-to-24 demographic reached a new high in April at 20.4%. Youth unemployment has steadily risen this year after reaching 17.3% in January, 18.1% in February, and 19.6% in March. These young adults were born under the one-child policy that has since been repealed, adding more pressure to succeed to help support their families.

The main change here is that this generation is highly educated. Working in the countryside or in blue-collar roles became less appealing as the opportunity to attend college became widely available. Additionally, China is shifting to a consumer country, and high-paying jobs in the city are more desirable. Chinese students are encouraged to study STEM and seek out top-earning positions. There were 96.37 million people aged 16 to 24 living in urban areas as of March, and 64.18 million were unable to participate in the workforce as the majority were students. Those students are now graduating, and many will be unable to find work in their field of study, similar to most nations.

Unemployment remains low among the “main labor force” aged 25 to 59, but Chinese youth will need to compete for highly desirable jobs in the cities. The new generation is smart, highly educated, and willing to work. But competition will be fierce.

May 26 2023

Chinese Hackers Target US Infrastructure


Armstrong Economics Blog/War Re-Posted May 26, 2023 by Martin Armstrong

The US National Security Agency (NSA) issued a warning to all members of the Five Eyes organization that China has launched a cyber attack against the US. “Private sector partners have identified that this activity affects networks across U.S. critical infrastructure sectors, and the authoring agencies believe the actor could apply the same techniques against these and other sectors worldwide,” the report states. They are attributing the attack to a state group by the name of Volt Typhoon.

Microsoft first alerted the NSA that Volt Typhoon had compromised critical systems in Guam by installing surveillance malware on government devices. Guam is significant to China because it hosts the Andersen Air Force Base, which could be used in the event that China invaded Taiwan. Guam also hosts numerous ships for use in the Pacific. “Microsoft assesses with moderate confidence that this Volt Typhoon campaign is pursuing development of capabilities that could disrupt critical communications infrastructure between the United States and Asia region during future crises,” a NSA spokesperson stated.

Volt Typhoon uses “living off the land” techniques to direct a computer’s operating system, enabling them to evade tracking. “In addition, Volt Typhoon tries to blend into normal network activity by routing traffic through compromised small office and home office network equipment, including routers, firewalls and VPN hardware.”

The Pentagon now believes the spy balloons were affiliated with this operation. The US is too busy with Ukraine to worry about its own national security. The likelihood that the CCP sent bad actors disguised as migrants is more than zero. This malware has now compromised the entire US military, and no one knows how to remove the program from compromised devices and networks.

May 26 2023

Chinese Illegals Entering America Surge over 900%


Armstrong Economics Blog/War Re-Posted May 26, 2023 by Martin Armstrong

The US government is responsible for opening the border and allowing a full-scale invasion. They announced the end of Title 42, unlike other measures they keep hidden, and gave outsiders the information they needed to plan their invasion. There were numerous stories about Chinese spies infiltrating America.  Companies were prohibited from conducting business with certain Chinese countries due to security concerns. But, after Title 42 ended, countless Chinese military-aged men entered our country never to be seen again.

All reports and video state that the majority of invaders are military-aged males. This is an important point to reiterate because most of these people are not simply seeking a better life. China is nowhere near America. It logistically does not make sense. Someone flew these men near the US-Mexico border and likely instructed them to enter the US. NewsNation stated that there has been a 900% influx in Chinese migrants crossing into the US through the southern border. This was BEFORE Title 42 ended. Some reports state that some Chinese migrants are willing to pay tens of thousands to cartels in Southern America to enter America.

There was a report from Miami that the media conveniently covered up. A boat of Chinese men came on shore and scattered. The police only caught a few men, and they all had the same story. They are simply trying to escape poor economic conditions and future COVID lockdowns. If they were poor, they would not have had the funds to fly across the world. Again, these are MEN traveling ALONE. The media is spinning this invasion to make it seem as if everyone is simply seeking a better life where the streets are paved with gold. Yet they are entering in a manner that completely disrespects our legal system and leaves Americans completely vulnerable.

No one knows exactly how many “migrants” (invaders would be a more accurate term) have entered the US. At a minimum, tens of thousands of undocumented, unknown people are roaming across the mainland. Beijing and Washington are not on good terms. Army Secretary Christine Wormuth warned earlier this year that China would attack on US grounds if a war began. “[T]he United States homeland would be at risk as well, with both kinetic attacks and non-kinetic attacks—whether it’s cyberattacks on the power grid or on pipelines.” We do not have to worry about a foreign military invading from the sky or sea because they are already here, possibly stationed, and no one knows of their whereabouts.