The Great War for Eurasia

JcollinsEconomics, FREEPOM, Geopolitical30 Comments

Nothing you have been told is true.

The 59 Tomahawk cruise missiles which President Trump fired at Syria on April 6, 2017 has left most supporters either surprised or confused. In some cases both. The rampant propaganda which has bookended this event is even more unbelievable than that which accompanied the media onslaught in the lead up to the Iraq invasion of 2003.

The emotional illogic contagion which spreads when we are fighting “for the children” is the most effective of the propaganda tactics. It taps into our deepest and most human characteristic. The need to protect our children and those who are innocent is something which no one could argue with, lest they be labeled a monster.

The alleged sarin gas attack on the Syrian people by President Bashar al-Assad fits this profile and brings back memories of Iraqi soldiers taking Kuwait babies out of incubators and throwing them on the floor. These fabricated events manufacture the required support to rally mass populations behind a cause and war which they otherwise may not agree with. Humans are emotion based and can be conditioned with relative ease on most issues.

The complex nature of world events and challenges would require intense explanations and a broad knowledge base to understand. This is not to suggest that people do not deserve the truth and that a high percentage of the population could not comprehend and manage a working understanding of how the world functions. It simple acknowledges the factual data of the intelligence bell curve within demographics and the disproportionate ability of people to process and transfer information and knowledge with any consistent level of accuracy.

The truths around the developing events in Syria are about so much more than sarin gas and innocent children. The gas attack itself is in serious question as Assad had zero motive to commit such an attack. Previous accusations of Assad gassing his own people turned out to be fabrications and propaganda, or the acts of the Western supported rebels and terrorists organizations operating in the country for the purpose of removing Russian ally Assad from power.

That is the real truth which is spoken of in rushed speech and is seldom focused on. But what is the reason for wanting to remove Assad? This is where the propaganda loops back around and the scripting states that Assad is another evil leader who murders his own people and needs to be taken out. But this is far from the truth.

Further understanding of this developing war will require a deeper comprehension of the economics and geopolitics which are functioning behind the headlines.

First, Syria has the misfortune of being geographically located on the hinge point we call the Middle East. This hinge exists as a bridge between Europe and Asia, with Central Asia filling out the remaining land area. Together all belong to the Eurasian continent.

Some basic facts about Eurasia draw quick focus on the importance of the region. It has 70% of the worlds population. It holds 75% of the worlds energy resources. It produces 70% of the worlds gross domestic product. These metrics are important contributors to what is unfolding on the world stage.

The Anglo-American establishment has dominated the world for subsequent centuries. This has been possible predominantly through the broad use of national currencies on the international level.

First there was the British pound which was used across a large percentage of the world. The East India Trading Company was one of the major commerce platforms which supported and encouraged the use of the pound through Asia and elsewhere. Between the two world wars the American dollar incrementally replaced the British pound as the accepted and primary international reserve currency used to balance global trade.

This transition from pound to dollar was made official at Bretton Woods, New Hampshire in 1944 as the allied nations, along with China, agreed to use the USD as the international reserve asset. The history of the dollar since then spans across decades of American exportation of culture and monetary inflation.

Nations were forced into acquiring vast amounts of USD denominated assets in their foreign exchange reserve accounts in order to balance their trade with the rest of the world. This dollar demand caused extreme imbalances in the international monetary system as other countries had to manage exchange rate arrangements with the dollar which forced them to devalue their own domestic currencies in order to continue accumulating USD.

The emerging markets in Central Asia and Asia were hard hit with these imbalances, but did manage to capitalize on the companies which were now leaving America to set up shop in other nations. The imbalance in currency valuations had a profound effect on the cost of American exports. Other nations who were devaluing their currency to maintain the dollar system could no longer afford to purchase American imports as the costs were too high. This forced an ever increasing amount of US manufacturers to flee to the emerging nations where labor was cheaper and their products could be exported at rates that would turn hefty profits.

It was inevitable that the dollar supply would expand to such a large extent that the basic principles of supply and demand would take hold. Though the demand was there, the supply was growing faster and faster with each passing year. It got to the point where some nations, such as France under President de Gaulle, were openly discussing the ability of the US monetary authorities to continue maintaining the peg to gold which had been established during the Bretton Woods agreement. This was when President Nixon closed the gold window in 1971 and the rate of dollar inflation increased dramatically.

It was during this phase of the international dollars timeline that the United States made agreements with energy producing nations to ensure that all energy sales were completed using the dollar. The creation of OPEC and the American relationship with Saudi Arabia strengthened at this point and continued into the modern era. The terrorism and modern problems in the Middle East developed throughout this phase and have escalated into the problems we are experiencing now.

The role of the dollar in the international monetary system, and the dependence it created with other nations, gave America, and to a larger extent – the Anglo-American Establishment, disproportionate power and influence. This unipolar American world was one where economic sanctions could be placed on disagreeable nations without a moments hesitation. The expansion of the dollar supply afforded the US the ability to grow its military to the largest in the world, which served to give it even more power and influence.

The economic and geopolitical importance of Eurasia continued to grow during this time period of dollar dominance. The deepening imbalances began to manifest as major financial and economic challenges. One of the first was the Asian Currency Crisis of 1997 and 1998. The problems continued to grow further and eventually brought the world to the brink with the financial crisis of 2008. It was from that period that the emerging nations of Eurasia began to openly discuss restructuring the international monetary system to more accurately reflect the economic realities.

The job losses in American continued to escalate and the only option was to find a way for the USD to devalue and become more aligned with the currencies of its largest trading partners. But how to devalue the dollar when so many nations held so much of it in their foreign exchange reserve accounts? This was the big challenge which needed to be addressed.
Outside of economics the United States had much bigger problems. Its ability to manipulate and control the world through the role and use of the dollar would be seriously reduced under any multi-currency framework which would develop and be implemented for the purpose of corrected the imbalances.

Considering the large presence of Eurasia, the United States would need to develop a different strategy to maintain power and influence on the world stage. With Eurasia having 70% of the worlds population, 75% of all energy resources, and 70% of GDP, America would be left with marginal access to resources and limited ability to manage dollar liquidity and maintain access to capital markets.

Based on this understanding of world events we can observe that the Anglo-American establishment has been developing a strategy for decades to address the challenges which are coming. This strategy has taken the form of the Nato buildup on Russia’s border and the Western-backed coup which ousted the democratically elected President in Ukraine.

This is important as Russia has aligned its economic and geopolitical goals with China and the development of the New Silk Road which is meant to harness the resources and natural trade routes within Eurasia. A Eurasian Union would dominant the world through its sheer size and percentage of the world’s population, resources, and GDP. This amounts to a clear and present danger to the Anglo-American establishment.

Explaining all of the above on the nightly news would be impossible, which is why the growing influence of alternative sources of information is becoming more important. People are beginning to understand that the simplified script we are presented is misleading and leaves out much of the truth. But how do you emotionally process scenes of children being gassed as propaganda if you don’t have a working understanding of just what is in fact taking place behind the headlines?

Even with the endless alternative sources so many misinterpret the facts and are unable to process and transfer information and knowledge with any consistent level of accuracy, as stated at the beginning of this article. There are numerous reasons for this.

First and foremost. we are given little factual information from which we can form opinions and present a working thesis on world events. The small amount of real information which does come forth is so scarce and scattered that the pieces are tossed about and some obvious connections are missed. At times the truth is so obvious and in our our faces that we cannot see it.

These truths are not hidden for the most part. They are just not openly discussed. Most researchers and reporters could find the pieces with some effort and strategic sleuthing. But it would appear to be easier to just reduce all truths down into simplified talking points which reach us on the emotional level where the mass populations can be manipulated and conditioned to go along with what those in the know feel is best for our civilization.

The Anglo-American strategy on Eurasia is broad and complex. It stretches from Eastern Europe to the Middle East and over to the Koreas and the South China Sea. The access to resources and trade routes is the ultimate objective. Left with only 30% of the worlds population, 25% of energy resources, and 30% of world GDP, those in the West, and the remaining allies around the world, are in a challenging position.

Preventing the formation of a Eurasian Union alongside a waning USD influence is a balancing act which could potentially have severe consequences.

Which brings us back to Syria and Bashar al-Assad.

Europe, which contrary to what you were taught in school is not a continent but a peninsula on the Eurasian continent, is dependent upon Russia and the larger continent for a supply of natural gas. In the new multi-currency and multilateral world which is emerging those who control the natural gas route into Europe will have a large influence over the European nations.

These nations have been traditional allies and partners with the Anglo-American establishment. The relationships which have been built over centuries are now threatened. This, more than any other reason, is why the BREXIT vote happened. Pending the failure of the larger Anglo-American strategy to control a percentage of the Eurasian game and the natural gas trade routes into Europe, the Anglo part of Anglo-American needed an exit strategy so it could stay aligned with its natural partner America.

The Russian natural gas routes into Europe were put into disarray with the problems in Ukraine. Putin has been making deals all around to develop alternative methods of pumping natural gas into Europe. Other possible routes include a pipeline deal with Turkey which would bypass Ukraine and send natural gas underneath the Black Sea and through Turkey up into Europe.

The other pipeline in development is the Iran-Iraq-Syria line which would run through all three of those nations, across the Mediterranean, and up into Europe. It is this pipeline which is the contributing factor in the Wests demands to have Russian-allied Bashar al-Assad removed from power and replaced with a leader aligned with the Anglo-American establishment.

There is another alternative line which starts in Qatar, runs through Saudi Arabia and Jordan, before smacking into the same problem with Syria as the Iranian line.

Now lets consider a short timeline of events to give some perspective to what we are discussing.

On Friday, March 31, 2017, the American administration made multiple statements about the removal from power of Bashar al-Assad as no longer being a priority or demand from the West. This was heralded by Russia and Trump supporters as being a positive move towards peace and Trump living up to his campaign promises.

On Monday, April 3, 2017, the Energy Ministers from the nations of Israel, Cyprus, Greece and Italy formally agreed to work together on a 2000 km natural gas pipeline which would originate in the huge off-shore Israel gas fields which were recently discovered. This field contains over 900 billion cubic meters (BCM) of natural gas. The line is estimated to cost 6 billion euros and would not be complete until sometime between 2020 and 2025.

On Tuesday, April 4, 2017, the alleged sarin gas attack took place. The Anglo-American establishment was quick to make the conclusion that Assad attacked and murdered his own people. This conclusion was made without any investigation or proof provided to other nations or the UN.

On Thursday, April 6, 2017, Trump ordered the 59 Tomahawk cruise missile strike on Syria. It is being reported in Russian media that this strike was coordinated with a rebel attack on Syrian forces. These rebels consisted of mercenaries and terrorists groups, such as ISIS and al-Nusra, all of whom are being supported by the Anglo-American establishment in order to achieve their objective of removing Assad and replacing him with one of their own.

The confusion comes in when we consider that Trump ran on a campaign platform of not getting involved in Middle Eastern wars and promised to take out ISIS. Both of these promises were contradictory in nature because how would you take out ISIS without getting involved in another war in the Middle East. Not to mention that ISIS is a creation of the West to begin with.

The domestic platform of Trump is fully aligned with the larger international monetary changes which are taking place. These changes will cause a fundamental shift in American culture and economics, as the dollar devalues and exports increase. This is the job creation Trump promised.

Though it appears he has strayed from his promises on Syria and the Middle East, he should do good if he keeps his domestic promises. It is probable that upon taking office the task of achieving the domestic goal of making America great again was met with the larger challenges of ensuring that America had access to trade routes and maintained viable trading partners and markets for those new exports.

It could even be considered conclusive that President Trump realized if he didn’t get involved in the Middle East and take out Assad, which would break that specific campaign promise, he would not be able to delivery on his domestic promises. Break one promise so he wouldn’t fail at both.

Very few men can escape the art of compromise.

In a larger context there remains the threat of North Korea, which has provided America with a convenient excuse to maintain a military presence in the South. Whatever the outcome of this situation we can expect that America will keep some form of presence and influence over the region.

If North Korea remains as is America will as well. If the North has to be taken out the vacuum will be filled with a western friendly leadership or it will be reunited with the South, serving the same purpose.

The risk with this, as in the South China Sea, is that China will implement its own strategy and move to take control of North Korea before it falls into American hands. The spill over across the region will be frightening as both superpowers position for a long drawn out semi-cold war where clear trade lines are drawn.

Everywhere there is geopolitical tension and the threat of war involving the Anglo-American establishment is an area surrounding Eurasia. The Anglo-American establishment has spent decades quietly encircling the continent and preparing for a time when it would have to go to war to ensure that the Western quality of life would remain. No doubt the banking and corporate interests themselves in the West have a huge stack in this and perhaps the mass populations are just caught up in the windstorm.

But we are now entering the phase of the worlds multilateral transformation where a heightened state of war readiness is taking hold. Where we go from this point will depend on the willingness of those involved to maintain peace and work together on the deals and agreements which will pave the road of tomorrow.

There is no doubt that the Anglo-America establishment has positioned themselves well for this negotiation and potential conflict. There is still the risk and expectation that the international banking interests are more aligned with the objectives of Russia and China. This would suggest that the Anglo-American establishment may be forced to make more concessions than they are prepared too. The alternative would be war with 70% of the world.

That is a battle which no one would win. – JC

JC Collins can be contacted at jcollins@philosophyofmetrics.com

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30 Comments on “The Great War for Eurasia”

  1. “U.S. Navy sends strike group toward Korean peninsula”

    https://www.washingtonpost.com/world/us-navy-sends-strike-group-toward-korean-peninsula/2017/04/09/0c00909c-1cfd-11e7-8003-f55b4c1cfae2_story.html?utm_term=.fb8aa3d8c766

    “The US ambassador to the United Nations, Nikki Haley, has told CNN that removing Syrian President Bashar al-Assad from power is a priority, cementing an extraordinary U-turn in the Trump administration’s stance on the embattled leader.”

    http://www.cnn.com/2017/04/09/middleeast/syria-missile-strike-chemical-attack-aftermath/

  2. Super writing!! You are a master. One of many writings that is informative and educational
    From what I’m told, the attack on Syria was not an attack on Syria. It was an attack on the top level leadership of ISIS and Al Qaeda
    59 tomahawks (1000# warheads) have power destructive potential equal to destroying the downtown area of two large US cities. Note the limited damage of the Syrian airfield 59 tomahawks didn’t hit that air field Maybe two or three
    Russian and Syrian defense systems which are capable of knocking tomahawks out were in a stand down mode. Trump gave the Russians and the Syrians a heads up prior to the attack
    An attack on Syria is an attack on Russia. that simple. WW3 would have broken out by now
    The way I see it, the US is aligned with these Eurasian countries behind the senses and their common agreement is the elimination of these terror organizations. Putting up a false narrative for the public consumption must be primary to the the overall strategy
    President Trump has said often he will not make his military decisions/strategies public knowledge
    And NO. Assad didn’t gas those children
    JC, you are totally correct, the US is at war with itself in a sense The CIA is the main culprit, the rouge element
    These are very dangerous times we live in. One small misstep by those playing the jockey for position game could lead to the worst results that could never be imagined, even by Steven King

  3. The cover of Globe magazine states some interesting things on N. Korea.

    “Seal Team 6 Will Storm North Korea Dictator’s Secret Bunker!”
    “US Deploys Missile Defence Shield!”
    “American Nukes Ready To Launch From South Korea!”

    http://editorial.globemagazine.com/sites/globemagazine.com/files/GL1617_cover_us.jpg

    “Trump explained US position on THAAD to Xi – South Korea”

    http://www.channelnewsasia.com/news/asiapacific/trump-explained-us-position-on-thaad-to-xi-south-korea/3662334.html

    “U.S. MILITARY CONDUCTS RARE MISSILE DEFENSE TEST TO BLOCK NORTH KOREA ATTACK”

    http://www.newsweek.com/us-missile-north-korea-attack-defense-test-580024

    “U.S. Fast-Tracks Missile Defense System To South Korea, Drawing China’s Ire”

    http://www.npr.org/sections/parallels/2017/03/09/519369095/u-s-fast-tracks-missile-defense-system-to-s-korea-drawing-chinas-ire

    1. “China understands how dangerous North Korea’s nuclear program has become and agrees action must be taken to stop it, US Secretary of State Rex Tillerson said Sunday, as the US sent an aircraft carrier strike group toward the Korean Peninsula.

      “I think even China is beginning to recognize that this presents a threat to even China’s interests,” Tillerson said during an interview on CBS’ “Face the Nation” program Sunday. He was asked about how North Korea was discussed during last week’s summit between US President Donald Trump and Chinese President Xi Jinping.

      “President Xi clearly understands, and I think agrees, that the situation has intensified and has reached a certain level of threat that action has to be taken,” Tillerson said.”

      http://www.cnn.com/2017/04/10/politics/us-aircraft-carrier-korea/

  4. I am very concerned and “dis at ease” by what appears to me to be an ever increasing magnitude of conflicts in all areas of social and business life in the USA and in the USA’s international relations.

    The first chemical attacks in Syria were later discovered to have been launched by forces other than the Syrian leadership helped fund and create. In September of last year the US military “accidently” attacked, killed, and injured hundreds of Syrian soldiers located at a well-known location based on “incorrect intelligence” during a cease-fire treaty. Now this week the US military is ordered to expend hundreds of millions of $USD to launch 59 missiles at a Syrian airbase within hours of a reported “chemical weapons attack on women and children”. IF “military intelligence” has been repetitively wrong in the past, then what exactly made it so rapidly correct the past week? In addition, what “right” does the USA have to bomb military targets anywhere that are no threat to the USA?

    Too many people are unemployed and seriously struggling in the USA. The excessive GDP expenditures on the military-industrial-government complex and the vampire banking industries has been and is destroying USA. Many of these conflicts and deteriorated states seems too well organized and intense to be entirely mere cyclical or accidental coincidences.

    I am tired of the waste of resources, corruption, banksters and robber barons who are reportedly too big to jail, theft of savings and wealth, and these continuous and endless conflicts and wars.

    I appears that crime does pay if you have excessive power and wealth. When excessive laws are created to keep the masses in line, deception and lies are distributed as truth, “ignorance is strength”, “truth is treason”, and great crime go unpunished, then republics of laws are dead and the remaining cultures are not far behind.

    What exactly are the end goals of all of the chaos, death, and destruction?

    For those who study US History, what occurred exactly a century ago on April 6, 1917 that was signed by then President Wilson?

    1. I’m also tired of all those things my friend. Since this latest event I’m thinking long and hard about how far outside of the existing political system I would have to take the Republican Party of Canada in order to produce any form of meaningful results. Trump was a great hope that so many felt would change everything. Even my three sons were excited and encouraged for the first time in theirs lives. They now feel like its business as usual. Revolutions are easily hijacked and manipulated which makes any attempt at such a strategy foolhardy and handicapped with trap after trap. We need to breath something new into this world. Maybe we already are.

  5. JC ‘The Breakdown of the American Order – After The Empire by Emmanuel ‘Todd – argues that a New World Order is emerging as country after country experiences the rising literacy rates, falling birth rates that precede a shift toward moderation’.
    He uses demographic and economic factors to diagnose America’s waning hegemony. This burden of domestic & foreign trade deficits, bankruptcy several prominent companies with the fact that it cannot subsist on its own production, US is becoming more dependent on foreign money.

    It continues to anger, by controlling oilfields of Persian Gulf and Central Asia this is obliviously a rational goal American actions in this region of weak countries.

    We are seeing pushback & resistance to our unilateralism Todd and you both have urgent appeal for America return to its role as a democratic, productive and cooperative member of global Changes in Trade, Governance and Finances.

  6. JC I am sure you are aware of the Second Law of Dynamics where the more one tries to control a system the more controls are needed until one error implodes the system of control.

    This is what we are witnessing with world governments. There is the peak and then the decline of their control. I figure as technology begins to advance exponentially and information the days of government controls are coming to an end. It will be then that your new republican party of Canada will be able to make the greatest contributions for the people to rebuild.

    It seems it will take some time to play out and one may need to preserve wealth until the paradigm shift occurs. Once the shift happens then we can hope for a brighter future. Technology by then can eliminate this need for energy pipelines and cross border controls with advances in solar, free energy devices and battery energy storage.

    The future is bright.

    1. Read a theory along the lines of once regime change takes place in Syria gas and oil pipelines from Qatar and Saudi Arabia can be run through the country and into Europe (which of course has already been covered). I remember thinking of it as the petro dollar reinvigoration plan.

      The object of these pipelines would be to cut Russia out of the European energy markets to collapse them economically (though the Russians are making huge deals with Asian countries and other parts of the world) and conduct a regime change in that country to then dominate their reserves when those of the aforementioned arab nations run dry.

      There’s a logic to the thesis but no doubt too simple as there always seem to be many other layers to consider. I’d be tempted to assume that denying Russia an ally and their access to the Med via the port of Tartus would also be a consideration.

      Personally at this stage I don’t see the west achieving regime change in the country without causing a confrontation with major powers. Unless of course there’s been a behind the scenes trade off, say Kaliningrad for Crimea and East Ukraine…?

  7. I fully support an aggressive war with North Korea. Syria was a show of force by the US (false information or not). Who are North Korea’s allies?

    1. Daz:

      Norh Korea’s greatest and longest ally is Communist China. During the Korean war the US amphibious offensive at Inchon stop the North Korean invasion of South Korea. US forces then push the remaining North Korean Army far to the north near the bordes with China. It was foolishly thought that the war would sooon be over until 500,000 screaming, doped up, and very cold Chinese swarmed over the border at the Yalu River in October 1950 to push all Americans and UN troop very far to the south below the 38th parallel.

      Communist China is still NK’s greatest and longest ally.

      Oz

      1. What if, within the context of PoM speculation, NK is indeed a US vassal state and Trump just handed back the Korean Peninsula to Xi Jinping – to further the transition away from the US dollar being the reserve currency. Trump is a clean coal enthusiast, no? What if he could care less for the Oil/Gas pipeline Russia is eyeing off through the north Korean peninsula? What if Trump could care less for Oil/Gas pipelines..

        1. That’s a good perspective Daz. Could there be a process of diverting Russian oil to the US, Canada and or the UK instead of them supplying the EU?

          I remember JC explaining that light crude needs to be mixed with heavy crude and the US seems to be lacking heavy crude. We were thinking the US would get it from Canada but perhaps theirs will go to the UK.

          Inquiring minds are drumming up so many variables which seem to be valid options in this emerging world that stock in patience is at a premium.

  8. Here is a March 20th article stating that Tillerson is going to visit Russia but NOT the EU in April. So Tillerson’s meeting with Russia was set before the missile attack on Syria but the masses will believe that this meeting is from the recent missile attack.

    March 20, 2017, “Secretary of State Rex Tillerson will travel to Russia next month, a week after a NATO summit meeting he is skipping, State Department officials said Monday”

    https://www.google.com/amp/www.chicagotribune.com/news/nationworld/ct-tillerson-nato-russia-20170320-story,amp.html

  9. Oh so once we live in a multipolar world after this war then the possiblity of free energy can come into play to check and balance influence. Maybe, still open minded to the idea of it

    1. Cobrien:

      After the next world war there will likely be only about 10% of the present world population remaining alive on a highly irradiated and contaminated rotating rock in space. Those having access to “free energy” will not likely be the ones reamining above ground.

      Oz

  10. Great masterpiece JC.

    Moves and counter moves. Will have to wait 4 years to see the full effect. Still too early to see the end result. One thing is for certain – corruption continues and the confusion that goes with it.

    Cheers

  11. There are some interesting topics at the Spring IMF meeting at the end of this month link below…

    http://www.imf.org/external/meetings/NewSchedule.aspx?meetingid=37

    50 Years After: The SDR’s Role in the IMS

    Moderator: MAURY OBSTFELD, Economic Counsellor and Director, Research Department, IMF

    Speakers:
    MOHAMED EL-ERIAN, Chief Economic Advisor, Allianz
    JOSÉ ANTONIO OCAMPO, Professor, Columbia University
    CATHERINE SCHENK, Professor, University of Glasgow
    YI GANG, Deputy Governor, People’s Bank of China

  12. It would seem that Steve Bannon, Trumps strategist, has seen much of this coming through the lens of the “Fourth Turning.” Specifically the potential for war and has tried his best to steer Trump away from it. He may be losing influence to Deep State interests so we will need to watch this closely.

    https://www.nytimes.com/2017/04/08/us/politics/stephen-bannon-book-fourth-turning.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=1

  13. “The Swiss government has reaffirmed its commitment to development banks – which help support the world’s poorest countries – by pledging CHF978 million ($970 million) towards four key institutions.

    Funding will be given to the International Development Agency (IDA) and the World Bank, as well as the African and the Asian Development Funds over the next nine years, the economics ministry said.

    “The multilateral development banks are priority partners in Switzerland’s international cooperation efforts. Their political neutrality allows them privileged access to the beneficiary countries,” it added.”

    http://www.swissinfo.ch/eng/development-aid_millions-pledged-to-support-development-banks/43105402

    “HONG KONG, April 12 (Xinhua) — Hong Kong could make good use of its unique advantages and contribute to the success of the Asian Infrastructure Investment Bank (AIIB), Leung Chun-ying, chief executive of China’s Hong Kong Special Administrative Region said Wednesday.

    As the international financial centre in Asia, Hong Kong could make good use of its unique advantages under “one country, two systems”, its world-class talents and its extensive experience in handling large-scale projects in contributing to the success of the AIIB, Leung said during a meeting with AIIB President Jin Liqun.”

    http://news.xinhuanet.com/english/2017-04/12/c_136203096.htm

    “Bahrain needs to make significant spending cuts to restore stability to its budget and improve investor confidence as the smallest economy among Gulf Arab monarchies tries to manage the impact of lower oil prices, the International Monetary Fund said.”

    https://www.bloomberg.com/politics/articles/2017-04-11/imf-sounds-alarm-as-bahrain-seen-needing-urgent-spending-cuts

  14. I remember hearing when I was a kid that the US was becoming a service provider when the jobs began moving over to China. Now as an adult China is becoming a service provider nation. What is next for a country after being in service to the world?

    It seems the US went from native inhabitants, to eastern conquering, to industrialisation, to service…is there another country who has been through a similar cycle? If so what did they do when they moved from service?

    Perhaps the US will go from service to capitalism or do we start over after serving to begin the cycle all over again?

  15. I also recall Mrs Thatcher wanted UK to become a services only country which is banking and financial services. The choice of London as clearing bank local for the Chinese currency Yuan as an addition to the SDR is a fruit of this transformation.

    In the meantime, China is concentrating on becoming a consumer society!

    I heard today that China sent a NK ship with coal on board back to NK. Apparently, China is to buy west Virginianot coal. I recall Trump had a publicized rally in WV last year and the mainly coal mining and Democratic state gave Trump a very enthusiastic response! Looks like everything is going according to plan…

  16. “The Anglo-American strategy on Eurasia is broad and complex. It stretches from Eastern Europe to the Middle East and over to the Koreas and the South China Sea. The access to resources and trade routes is the ultimate objective. Left with only 30% of the worlds population, 25% of energy resources, and 30% of world GDP, those in the West, and the remaining allies around the world, are in a challenging position.

    Preventing the formation of a Eurasian Union alongside a waning USD influence is a balancing act which could potentially have severe consequences.”

    This seems like a similar philosophy to the one that is attempting to…tame the Anglo-American sect.

    “Mr. Xi said, referring to the Korean Peninsula. “Only if all sides live up to their responsibilities and come together from different directions can the nuclear issue on the peninsula be resolved as quickly as possible.””

    https://www.nytimes.com/2017/04/24/world/asia/north-korea-trump-china-xi-jinping.html?_r=0

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