The Redback Revolution

How China Is About to Flip from Trade Exports to Trade Services

By JC Collins

The Made In China label became a symbol of economic production lost in the western world alongside the rise of cheap labor and goods from the emerging economies.  The cultural meme of “everything made in China” became common and could be heard at any given moment, anywhere in the developed world.

Whole industries and business models were built around the economic methodology of exporting cheap goods.  Such as numerous chains of dollar stores, and brand name clothing outlets, which manufactured products in the Chinese provinces with the lowest labor costs, and then sold the goods at inflated prices to the developed world.

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The Greek Betrayal and Pan-European Solidarity

By JC Collins

It has now become common knowledge that the promises made by the new Greek Syriza government have been broken. The voting population of Greece were fed a steady stream of propaganda on how Syriza was going to stand up to the Troika, or trifecta of the European Commission, European Central Bank, and the International Monetary Fund.

Before the election I had been provided a copy of the Syriza Policy Paper which detailed their proposed negotiating position with the Troika.  The paper was segmented into 3 sections:

  1. Negotiating Stance with the Troika: Reconstruction of the Banking Sector and Debt Relief
  2. A Domestic Action Program
  3. The Modest Proposal, with a Pan European Solidarity Program, to be discussed at the first European Summit under the new government

It was very clear in the policy paper that Syriza had no intention of keeping the promises which their political platform had been built around.  In fact, the Syriza party was the economic Trojan Horse which was used by the Troika to implement the broader multilateral reforms and restructuring of the Greek banking system.

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Economic Ground Zero for Canada

(….and how Greece could crash the world.)

By JC Collins

After the collapse of oil prices and home valuations in 1986 the oil sands mining town of Fort McMurray became a semi-desolate place of reduced expectations. One of the two mining operations went on strike and I remember the workers picketing on the highway near the site access.

As a teenager my friends and I would drive around an area we called The Dead Roads. The Dead Roads were a planned subdivision which had been under development when the collapse of 1986 happened. The roads had been built, the sidewalks and curbs set, and the utility services to the lots had been roughed in. But no houses had been built.

The price of oil had crashed from $32 a barrel to $10 a barrel in only a 4 month period. Many people lost their jobs with many of those leaving Fort McMurray and moving back to whatever place in Canada they had come from.

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Development Goals of the New World Order

(Or the Rise of the Supra-Multilateral Development Bank)

By JC Collins

For lack of a better term, the European banking structure is about to be gutted and the direct management of the system will be given to the European Stability Mechanism. This statement is not made flippantly or without regard to the facts and macroprudential policies which are being implemented globally.

As an extension of the post titled BRICS SDR to Bailout Eurozone, this installment will provide more detail on why the European Monetary Union is in the cross hairs for 2015 and how all paths towards the multilateral framework have now arrived at the systemic bottleneck called the Pillars of Hercules.

In addition, we will explore how the International Monetary Fund will move past the 2010 Quota and Governance Reforms and evolve into a Supra-Fund with the help of the BRICS Development Bank and other Multilateral Development Banks, or MDB’s. But not before discussing how American interests will be sidestepped, not just on IMF Reform, but also to ensure the Chinese yuan is included in the SDR basket by January, 2016.

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War & Petroleum Reserves

By JC Collins

In the interest of analytical balance, we would do well to consider the possibility of war strategies when it comes to the global stockpiling of petroleum reserves.  In the years leading up to the German invasion of Poland, the world witnessed dramatic decreases in the price of oil as well as massive increases in petroleum inventories, especially as the Texas fields began to produce.

These shifts in the global oil markets ran parallel to the deflation which had begun in October, 1929, and as such, we can see the same pattern repeating today as oil prices collapse, inventories are growing, and world wide deflation is deepening.

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BRICS SDR to Bailout Eurozone

By JC Collins

The different angles of geopolitical and macroeconomic events are beginning to coalesce into the direct 90 degree turn which will shift the global financial system in the direction of the multilateral architecture. The apparent movement away from the USD unipolar structure towards the multilateral framework which is being implemented in stages is becoming more visible with each passing day.

This movement is taking the “two steps away from the USD and one step back” approach, and with each turn and shift the USD is being further removed as the primary reserve currency used in global trade. The much promoted death of the dollar in the alternative media is largely based on misinformation and unintended breaks in analytical rationalization as the full scope of the multilateral structure, and the global support from all countries of the world for such a system, has been cleverly hidden behind a script of geopolitical tension, as well as the dual crisis of growing sovereign debt and currency imbalances.

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The Greatness Beyond

By JC Collins

It was a cruel October and the Lodgers’ fed, their like stomach and like liver with moral bread. The Lodgers’ filled their like lungs and like heart gladdened, to ole’ glorious song and a mischief maddened. The Lodgers’ like brain and like eyes consumed, the haggis of man and beastly pruned. The Lodgers’ they are, like horn and hoof, the burden of flesh and heavenly roof. Bleed and stem, the rain of flesh, suffer the folds of mortal mesh.  Like parts and shiver, the world falls apart, leaving in place a like Lodgers’ a la carte.

All these passing seasons on the road to damnation.

For what we are and what we wish to be are derailed by the hard lessons of life which are not under our complete control.  The factors and circumstances which surround our existence and prevalent desire for more than, are subjected to the flow of energy and heart which swirl together in patterns of the symbiotic search for the greatness beyond.

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