Keep Our Service Free-Donate

Thursday, May 30, 2019

The Tariff Soap Opera: Globalists want the USA to lose


Poor Man Survival

Self Reliance tools for independent minded people…


ISSN 2161-5543

A Digest of Urban Survival Resources
 

The Tariff Soap Opera: Similar to Policies of Herbert Hoover

   Here’s a different perspective on the trade war, one I do not fully subscribe to but I like to provide other theories which are plausible.  Just today I read how a Chinese maker/seller of a popular head lamp which was sold on Amazon was taken to court after a MD couple’s home burned down [caused by this defective product].  The couple tried to sue Amazon also but the court dismissed charges against the giant retailer…however, my point is Americans unwittingly purchase many defective Chinese products as I had pointed out previously [like Chinese wall board which contained black mold which were sold to builders in FL after devastating hurricanes a few years back]

As I predicted in my article 'Trump Trade Wars A Perfect Smokescreen For A Market Crash', published in March 2018, as well as in my article 'The Trade War Distraction: Huawei And Linchpin Theory', published in December 2018, the U.S./China trade dispute has escalated into an all-out war with no end in sight. The claims of many analysts and skeptics a year ago that the trade war would be over quickly and that China would fold to U.S. tariffs has been proven incorrect. The reason why these analysts got it so wrong centers primarily on their misunderstanding of the true purpose behind the events.

The goal of this war is not to balance the U.S. trade deficit or pursue more fair circumstances for U.S. exports and imports. The intention of the Trump administration is not to fight back against Chinese "exploitation" of U.S. markets. Nor is it Trump's intention to undermine globalist structures or agreements in order to bring back American manufacturing (a carrot held out to Americans for a long time to lure them into supporting destructive policies such as dollar devaluation).

 On the contrary, the real purpose of the trade war is to provide a distraction massive enough to cover for the controlled demolition of the U.S. economy and parts of the global economy by globalists and central banks.

The tariff soap opera and most of Trump's other foreign and domestic policies are eerily similar to those of Herbert Hoover just before the advent of the Great Depression. This is probably not a coincidence. The narrative for an economic collapse rivaling that of the Great Depression has been set, and the root circumstances are very similar.

Since the crash of 2008, the U.S. has been suffering a slow grinding decline in fundamentals (the collapse of an empire often takes time). The response of central banks has been to slow the crash using stimulus measures and near zero interest rates, but this strategy was not meant to reverse U.S. economic decline. The purpose of QE was meant to inflate an even larger bubble than before, one that would encompass every aspect of the economy including the dollar; a bubble that when popped would devastate the U.S. specifically and create panic around the world.

Now, the stimulus phase of the globalist agenda is over. U.S. M2 money supply growth has been decelerating and now hovers near 10-year lows, while stimulus measures have evaporated in most countries except China. Global dollar liquidity has been dwindling as the Federal Reserve continues to cut its balance sheet unabated.

This would explain why U.S. equities are struggling to stay afloat despite the fact that corporate buybacks of stocks have increased to historic highs in 2019. Central banks, most importantly the Fed, are no longer propping up the system; the life support plug has been pulled and the parts of the economy that have been dependent are taking their last breaths.

The trade war situation as it is now is not enough of a distraction in my view, however. At least one more major event with global ramifications (or perceived global ramifications) is needed by the elites before they can implode the 'Everything Bubble' without taking the blame for the consequences.

Trade war shock and awe

There are several powder kegs that exist today that would serve the purpose of occupying the minds of the masses while the globalists finalize the crash. As noted, I predict the trade war as it stands will continue to accelerate unabated until the plunge in fundamentals and equities is complete. We haven't seen anything yet as far as trade war chaos.

The U.S./China trade conflict has the potential to become an economic world war, with multiple countries beginning to take sides. Japan and the U.K. have opted to support U.S. interests, which is not surprising since China and Japan have hated each other for generations and the U.S. is the U.K.'s strongest economic partner in the wake of the Brexit. Already some people are declaring this to mean that the U.S. will gain the majority of global support and crush China.
 
 

But keep in mind, as I outlined and evidenced in my recent article 'America Will Lose The Trade War Because That Is What Globalists Want To Happen', the trade war itself is a farce on both sides of the Pacific, as both China and the U.S. are controlled by the same financial power centers (like the Bank for International Settlements). As this scenario moves forward, I believe many analysts will find themselves shocked as more and more nations start taking China's side in the conflict.

The most powerful option China has at its disposal is the dumping of U.S. Treasurys and the dollar as the world reserve currency. China has established very close economic ties with key nations over the past decade, including Russia, Germany, India, Australia and even Saudi Arabia. Do not be surprised if most if not all of these nations support China in the trade war.

China has yet to fully retaliate against the latest increase in U.S. tariffs. When it does, the attack will be far larger than cutting off purchases of U.S. agricultural goods. The next escalation could be the trigger than sends the crash into overdrive.

Iran war looming

War with Iran at this time makes no sense whatsoever unless you look at it from a globalist perspective. The globalists are the only group that stands to gain from such catastrophe as war with Iran would seal the fate of the U.S. economy. The most immediate threat would be the potential shutdown of the Strait of Hormuz by Iran, which would take nothing more than sinking a few large cargo vessels along the narrow and more shallow portions of the straight, placing mine fields or staging anti-ship missiles within striking range. The subsequent explosion in oil prices would be devastating to the global economy and the U.S. economy in particular.

In the longer term, complete destabilization of the Middle East would result beyond what we have already seen, and the costs to taxpayers as well as the cost in American lives would be high. Beyond this, the distraction would be epic and very effective. This event coupled with the trade war would fulfill the globalist narrative that the Trump administration and the conservatives that support him are a "menace" to global stability. Any financial crash at that point would undoubtedly be blamed on Trump as well as his supporters.

Currently, the mainstream media is very quiet on the Iran situation despite the sudden shift of U.S. military resources to the region, which leads me to believe that a conflict is being planned in the near term.

Brexit finalized

This event may not be concluded until the end of this year, but I still maintain as I always have that the Brexit is a staged distraction that will be exploited by globalists. The "rise of the populists" in Europe and the U.S. at the exact same time that central banks began withdrawing liquidity and at the exact same time that fundamentals began to plummet is no coincidence.

I believe the Brexit will conclude and that the U.K. will indeed leave the EU. The latest announcement of Theresa May's resignation seems to indicate that this will be the case. Sovereignty activists will cheer the outcome, and then things will start to go horribly wrong. European markets will tank, and major banks will announce insolvency. The panic felt in 2008 will return and hit the EU and the U.K. hard, and the Brexit movement will get the blame while central banks escape any culpability.

Only one of these events is needed to initiate the next stage of economic collapse, but it is likely we will see all three occur in due course. While the current crash started at the end of 2018, the year of 2019 will probably be the one that is most remembered as the beginning of Great Depression 2.0.

To truth and knowledge,


Brandon Smith 

Freedom Self-Reliance Action


 

Yours for smarter living,

Bruce ‘the Poor Man’

 

USEFUL RESOURCE

 

When people talk about preparedness, they're usually referring to food, water, first aid kits, emergency radios, and all the other usual suspects. Most people don't think about hammers, shovels, chainsaws, and other common tools, but they really should. After a disaster, they will really need those tools.

 

One obvious example: A hurricane or tornado has partially crushed a home, and a family is trapped inside. You might need a flashlight, a sledgehammer, and a pry bar to get them out. Even if there isn't a life-or-death situation like that, you still might need tools to repair damaged doors, roofs, and windows. Or a chainsaw to chop up downed trees in the middle of the road.

The point is, preppers should take time to acquire emergency tools and put them in a safe location. But which tools? In this video, Survival Dispatch shows off 15 tools you should have and explains why you'll need them. Here's the list...

 


 

Additional FREE Resources

 

Living Frugally In Suburbia
You live differently than your neighbors.

 

 

14 Frugal Food-Rescuing Tips from Grandma
These depression-era frugal tips still work today!

 

8 Simple Ways to Put More Money in Your Pocket
Have more money without working harder!

 

 

Knowing When and How to Stockpile Groceries
Stocking up could save your grocery budget!

 

 

Emergency Preparedness on a Budget 
Affordable ways to prepare for an emergency.

 

Contributors and subscribers enable the Poor Man Survivor to post 150+ free essays & free reports that I provide annually. It is for this reason they are Heroes and Heroines of New Media. Without your financial support, the free content would disappear for the simple reason that I cannot keep body and soul together on my meager book sales & ecommerce alone.  You can make a donation at top of this page via PayPal.

Portable Emergency Patriot Power Cell-Solar Charger-NEW


Charge two devices at once – Back in stock [They sell out fast]!

 


Find survival related books and items here!

Support our efforts by shopping my storefront…


 

 

 

 

A Smoking Frog Feature, Shallow Planet Production

 

2 comments:

Lee said...

few Americans, including those in Congress or the numbskulls running for office seem to have a handle on international affairs, especially China -- it is mighty scary.

Larry said...

The average person is pretty ignorant about international politics and finance. Most cannot see beyond their wallet. In that regard, even I was surprised to learn that China has also cornered the market on the manufacture of the majority of generic drugs and the US no longer even produces penicillin domestically which among the dumbest mistakes we're making as a nation. Trump is spot on with his efforts against China as far as I'm concerned and that cesspool of idiots [aka: Congress] needs to get off their non-stop investigatory asses and start doing what is necessary to protect and rebuild our nation.