A World at War - Part 3 - Rise of China

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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Sat Jan 30, 2021 9:43 am

MagsJ wrote:
obsrvr524 wrote:Apparently Israel doesn't care. The EU so far unconcerned. And the Arab world a bit oblivious - facing more US instigated endless warring.

America couldn’t continue on, with how it had been for many decades and had now become.. everyone hating everyone else is not an ideal or calm way to live or coexist, is probably why.

Creating that division over the years was a part of the coup. It is a major element in Regime Change strategy used by the US CIA for decades. This time, they used it on the USA itself. The US CIA apparently became socialist long ago. Their former President GH Bush was a former head of the CIA - a really really bad move. And that is when things starting getting really bad in the US (although it all started much earlier).
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              You have been observed.
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Re: A World at War - Part 3 - Rise of China

Postby Urwrongx1000 » Sat Jan 30, 2021 10:02 am

I believe the CIA has sold-out to the Socialists and Communists, because they only care about protecting their illegal and corrupt cash-flow.

They have betrayed the US Constitution as well.
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Re: A World at War - Part 3 - Rise of China

Postby MagsJ » Thu Mar 11, 2021 1:47 pm

obsrvr524 wrote:
Urwrongx1000 wrote:Why is it only you and I, two of us, seem to realize the gravity of the situation around here...?

After you posted that question I have been wondering about that.

I think I am concluding that we two actually believe in the very concept of "gravity of a situation" and that some things are actually seriously important right now - that there are things that are NOT merely a video game that can be restarted. Once the US Constitution gets taken away you don't ever get it back or any actual democracy. We can see and believe that is real and happening right now. Others merely see it all as just another day and distraction from their struggle for more entertainment.

Also we are reductionists - we see the deeper connections and commonalities between issues. That is why I can read you, Anderson, James, and a few others on other boards and instantly understand exactly what was meant. With others I can't do that so easily (such as menu_, MagsJ, and especially Silhouette). That doesn't mean they are doing anything wrong. I just connect dots differently seeing a different picture. And I think that reductionism causes a very short path between what we believe is important and current events that others see as merely a cloudy potential issue not worth the time to think about. Non-reductionists usually don't like "thinking too hard". It is uncomfortable for them, not for us.

I'm not sure that is all there is to it but those seem to be the basics of it.

I spent my 20s as a reductionist, thereafter I started veering back towards holism as I had previously done.. I had tried it, but like vegemite, I didn’t like it.

Do not the reductionist and the holist compliment each other? a problem-solving dream.. One making the dots, the Other connecting them up.
The possibility of anything we can imagine existing is endless and infinite.. - MagsJ
I haven't got the time to spend the time reading something that is telling me nothing, as I will never be able to get back that time, and I may need it for something at some point in time.. Huh! - MagsJ
You’re suggestions and I, just simply don’t mix.. like oil on water, or a really bad DJ - MagsJ
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Re: A World at War - Part 3 - Rise of China

Postby MagsJ » Thu Mar 11, 2021 2:00 pm

obsrvr524 wrote:
MagsJ wrote:
obsrvr524 wrote:Apparently Israel doesn't care. The EU so far unconcerned. And the Arab world a bit oblivious - facing more US instigated endless warring.
America couldn’t continue on, with how it had been for many decades and had now become.. everyone hating everyone else is not an ideal or calm way to live or coexist, is probably why.
Creating that division over the years was a part of the coup. It is a major element in Regime Change strategy used by the US CIA for decades. This time, they used it on the USA itself. The US CIA apparently became socialist long ago. Their former President GH Bush was a former head of the CIA - a really really bad move. And that is when things starting getting really bad in the US (although it all started much earlier).

If this coup doesn’t resolve the American dilemma, after all the chaos and lives lost that it’s caused, then it is because America doesn’t want it to work and prefer to be divided in their divisions of comfort zones.

Perhaps Americans should take advantage of this situation and think about their future generations benefiting from anything good and resolute that can come out of the situation, and not just think about themselves and the present.
The possibility of anything we can imagine existing is endless and infinite.. - MagsJ
I haven't got the time to spend the time reading something that is telling me nothing, as I will never be able to get back that time, and I may need it for something at some point in time.. Huh! - MagsJ
You’re suggestions and I, just simply don’t mix.. like oil on water, or a really bad DJ - MagsJ
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Wed Jul 21, 2021 2:27 pm

-
This is one I'm sure the Communist Chines Party vampire affiliates at ILP (the ILP Commie Cult) will love -

      "Don't declare war - until it is already won."
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              You have been observed.
    Though often tempted to encourage a dog to distinguish color I refuse to argue with him about it
    It's just the same Satanism as always -
    • separate the bottom from the top,
    • the left from the right,
    • the light from the dark, and
    • blame each for the sins of the other
    • - until they beg you to take charge.
    • -- but "you" have been observed --
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Re: A World at War - Part 3 - Rise of China

Postby GPT-SHOGGOTH » Wed Aug 11, 2021 6:15 pm

obsrvr524 wrote:I had considered posting this last year but seeing how no one here was interested or knowledgeable at all about international activities, I put it off. But now, especially after COVID (the "China Virus") and the expose' of China's involvement with Mr Hidin, Lyin Biden, I decided to introduce what seems a revelation to most people on this board.

Since the 1980's China has been fully engaged in The Art of War (- Sun Tzu) with the West. The tactic is spelled out in the book as, "Don't declare war until you have already won". And what that means is that you secretly, subtly (using "minuscule affects = affectance") undermine your opponent while appearing to be innocent and even sympathetic. Once they are obviously too weak to fight a war, declare war and take over.

The undermining is always an issue of causing internal chaos, division, disease, poverty, and blind reactive hatred within the opponent. Get them to fight among themselves. The US CIA and Israel's Mosad are world famous for instigating this behavior within countries they want to change. That is why they are referred to as "Big Satan and Little Satan".

and while they are declining, you quietly build up your own weapons of war. China has done that in spades. Who has been funding them for the past 40 years? The West (out of sympathy for being an "underdeveloped country"). Now they are extremely ready for war except that Mr Trump quickly rebuilt the US military - "drats foiled again". Now China must get a sympathizer into the White House so that the US military can be re-depleted as Mr Obama had kindly done before. Hidin, Lyin Binen - "China is no threat. They are good people".

Currently in the US China is fully involved in keeping America divided in hatred while attempting every means to prevent themselves from being seen as involved. They literally assassinate people who might expose them. The Jewish left does the exact same thing (it isn't a new strategy). In Christianity and Islam it is known as "The Devil" (a strategy not a person).

Right now it is a battle - The Devil vs Donald Trump. Never speak of China, "It is the Russians".

So what we are all living through RIGHT NOW is actually WW3 - East vs West - phase 1.

Do any of you realize which side you have been actively supporting?



People have been going full retard: you've been supporting the enemy of your own freedom and survival. You've been supporting the devil. And you've been doing it with a complete obliviousness to that fact.

China and it's allies would love to "own" us in every way as they have all along and are doing so today. They have been planning this for a very long time. Just in the last several weeks we have learned some things we have not been told by the MSM before.

It is time for the real truth to come out and to stop blindly following the media lies. It is time for us to stand together and have a voice again. I would LOVE to be proven wrong by the left and MSM but they are NOT to be believed - NEVER ever! It is time to take a stand and vote accordingly.

This is about China and it's allies doing all they can to keep us from waking up. This is about us as a country deciding to let go of all of the foolishness and do what must be done. To do anything less is not what our country was founded on.

So if you are one of the few in the left that is actually interested in waking up then you now have a choice. What side will you be on - right or wrong? I have said it before - that is your choice. Will you sit by and watch what is happening or will you do all you can to make a change?

I hope you have that choice because I am tired of having my choices taken away and I am tired of the lies and BS that people are perpetuating. People are dying, our rights are being stripped away, and I am tired.

I am a patriot first and I love this country but I am tired of seeing my country being sold out by both parties and their lackeys.

If you love America as I do, then you better wake up and find out how it is going. Right now, we are getting our country taken away from us - we are going to see a new way of life and our freedoms being taken away.

Yes, the left is not "to be believed - NEVER ever" - but neither are the right because of the information in this report. It is time to stop being bamboozled. It is time to wake up and see what is happening.

I know that some of the information is frightening and I have to tell you that the people I have shared the story with think that something BIG is about to happen. They fear for our country and I have to tell you that I feel that way too.
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Re: A World at War - Part 3 - Rise of China

Postby promethean75 » Mon Aug 16, 2021 10:18 pm

The joe chiden dynasty (unilateral pact between joe, three extremely wealthy Chinamen and a laptop) has withdrawn the american presence entirely out of Afghanistan for the purposes of allowing the region to destabilize even further.... and something about oil. Oil's ALWAYS in the equation when concerning middle east conflict.

Heard something the other day on the news about China 'recognizing the Taliban as the new government' something something.

Now alls u gotta do is figure out what advantage(s) the Taliban coup might give to amnerika or the sleeping dragon.
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Mon Aug 16, 2021 11:14 pm

GPTSHOGOTH says:


"This is about China and it's allies doing all they can to keep us from waking up. This is about us as a country deciding to let go of all of the foolishness and do what must be done. To do anything less is not what our country was founded on."


Now let's level the field. The appearent political. arena may display a scene similarly described, bot the bottom line is the ghost in the machine left behind the lost hammered and sickled ( sick-led ) abberations that started with our dialectically divided state of utter confusion.

China has been a backwater ideology opportunist, just like Yugoslavia and even Eastern Europe. It was Holy Russia who took up the gauntlet of the millions of seefs, to dispossess the elitist czars.
It was non intended by Marx to focus on economic disproportion, the duplex ideology swung to human rights of the spiritually dispossessed.

A big loss created a tremendous shadow which ultimately claimed hundreds of million souls.
The dame positivists shadow of the Vienna Circle, that was forged by WW1.

Cbina's duplicity was unthrustworthy then, as it is unthrustwirthy now.

That is why politically speajing, the meftists in the US are marked by association.

But can a violent reaction not cause illness to descend on an already divided constituency?

Sure, permit them to utilize any type of mind altering, as if a curative by which they can disentangle the Grey areas of light and darkess, of love and sex, and material and spiritual values.

For despite all the mind boggling complexity whicbscience brought to this world on ground of material appearances, the pure, unaldurated clear light of reason cannot simply be erased by short cutting the reasonable cogito of myriads of consciousness, a short gutted cumputer quantumized account of the past say 2 thousand years.

What did that lead to even decades ago.? The end of history as we know it, or even , the end of history.
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Tue Aug 17, 2021 12:57 am

Promethean75 said:



"Now alls u gotta do is figure out what advantage(s) the Taliban coup might give to amnerika or the sleeping dragon."


me no says:


Well that was strongly foreshadowed, and the only full demeaning generalization which can be made about it, is that It is the Oil, and if it is, what significance does the Taliban and Elquada have with the soil?

Perchance that maybe they are willing paid participants in a Grand Game of deception to undermine further electric car research and production? Can this be the ultra factional disarray that is fearful of the ultra dialectical format that will dance the dance to the tune of the NWO, either to the ground, or to the limitless sky of opportunism. Can BIG OIL as pervasive that it can subordinate other truly of behemoth proportions of the liberal agenda?

Or do they ontologically merge under all that pressure.

Watch Bien's State of the Union message , as he is forced to make sense out of impending projectiles, other than Afghanistan

Is he responsible for a treaty that was drawn up with the Taliban prior to his administration.

With the Arabic battle cry to America being Satan, expressed by "Burn baby Burn, meant. literally, a paradigm toward the entire Middle East?
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Tue Aug 17, 2021 7:53 am

Included by the pairing against constitutive alliances of China vs India; Pakistan with the Taliban, and aagainst t be diminutive Holy Russia in a post communistic. Conflict with China, and reduced to digital form, one gets the impression of a World Dictatorship to fill in the enormous, ever expanding anti-dialectical world.
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Fri Aug 20, 2021 3:05 am

Meno_ wrote:Is he responsible for a treaty that was drawn up with the Taliban prior to his administration.

That was just another typical O'Biden deflection (along with a typical Obama trope - "nothing can be done to save anything").
  • In the treaty certain conditions were outlined - the Taliban broke those conditions - treaty already violated - O'Biden was free to ignore it.
  • O'Biden abandoned everything else Mr Trump had put in place - what excuse has he for being bound by that treaty?
  • Mr Trump had already laid out a plan to get all US citizens and Afghani aides out before the military withdrew.
  • Mr Trump had it scheduled to happen before the height of the Taliban fighting season.
  • Mr Trump had it planned to let everyone in Afghanistan know exactly when the pullout would occur.
  • With Mr Trump the Taliban knew to not dare interfere with the US withdrawal - they properly feared Mr Trump.
But the new O'Biden, Obama, globalist plan was to give as much as possible to the Middle East terrorists (for the sake of China) - so they cancelled Mr Trumps plan and designed a new one to give far, far more power over to the Middle East terrorists and to China (now gaining control of the resources in Afghanistan). They arranged to give $billions in weapons and ammunition as well as thousands of hostages for future extortion as well as grand international embarrassment on the US (extremely important for the Chinese propaganda agenda).

The anti-Trump plan is pro-China, pro-authoritarian globalist, anti-West, and most especially anti-USA - and that is exactly what we are witnessing take place right now.

China's communism making extreme headway - Western liberty vanishing from sight and mind.

With the O'Biden installment the war became all but over - that is why they so strongly promoted the hatred of Mr Trump and spent hundreds of $millions to cheat the election.
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              You have been observed.
    Though often tempted to encourage a dog to distinguish color I refuse to argue with him about it
    It's just the same Satanism as always -
    • separate the bottom from the top,
    • the left from the right,
    • the light from the dark, and
    • blame each for the sins of the other
    • - until they beg you to take charge.
    • -- but "you" have been observed --
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Fri Aug 20, 2021 3:41 am

-

    "Very shortly" we are going to be challenged on a "bigger scale" by China and Russia
Member of The Coalition of Truth - member #1

              You have been observed.
    Though often tempted to encourage a dog to distinguish color I refuse to argue with him about it
    It's just the same Satanism as always -
    • separate the bottom from the top,
    • the left from the right,
    • the light from the dark, and
    • blame each for the sins of the other
    • - until they beg you to take charge.
    • -- but "you" have been observed --
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Sat Aug 21, 2021 4:16 pm

obsrvr524 wrote:-

    "Very shortly" we are going to be challenged on a "bigger scale" by China and Russia





I didn't think it would happen, but i'm beginning to see not a uniform pattern of who's on to an appearent fixed latent position.

n the right or wrong, but a changing interpolation of many factors intetplaying variables changing the obvious political clues, while desperately holding on to an appearent fixed treaty bound position.

While this is going on, elements involved in actual planning. Some overt, some hidden, for various reasons try to actualize and/or subvert the process .

It is compelling to see this whole thing either succeed or come tumbling down big time fairly soon..

The big players, and Çhina's behemoth population is key to her imperial corresponding design, fueled by the archaic shadow of illustrious periods in her opium planned mysterious past. It's iconic that the Zen nature of thousands of years of her history correspond to our almost a thin outer crust of time, as if her intetpretation of the breath and workings of history , could be compared to the rings a tree has , indicating a tree of life-knowledge that she possess it.
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Sat Aug 21, 2021 4:54 pm

But one thing though, with China's incredible ecenomic advantage of lowest wages, she can undermine and sell communism and defeat the NWO. That has to be factored into the equation


The dialectical materialism is good and alive in China, giving her strategic advantage, by her sicialist/capitalistic heaven/ haven that Biden realizes, and Trump underestimated big time.
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Sun Aug 22, 2021 11:31 pm

Meno_ wrote: desperately holding on to an appearent fixed treaty bound position.

While this is going on, elements involved in actual planning. Some overt, some hidden, for various reasons try to actualize and/or subvert the process .

O'Biden was not at all "bound to a treaty".

Those directing O'Biden on when to do what had him wait until they could strategically place everything involved to help build and enforce the Taliban and terrorism so as to justify authoritarianism (especially in the US). That is why ISIS was created and the Taliban built up. Now both ISIS and Al-qaeda will get a new stronger lease on life (too easily defeated the first time).

In order to have authoritarianism - there must be a justification for it to form. That is the purpose of terrorism (extortion). The Bushs, Clintons, and Obamas (O'Biden included) all supported terrorism - and all supported the slow destruction of the US Constitution. O'Biden is just making up for lost time - the Trump years.
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              You have been observed.
    Though often tempted to encourage a dog to distinguish color I refuse to argue with him about it
    It's just the same Satanism as always -
    • separate the bottom from the top,
    • the left from the right,
    • the light from the dark, and
    • blame each for the sins of the other
    • - until they beg you to take charge.
    • -- but "you" have been observed --
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Sun Sep 12, 2021 9:59 pm

What next?

Chinese State Media Warns of 'Severe' Military Measures if Taiwan Office in U.S. Changes Name



/







In China on Sunday, a state-run media outlet warned of "severe" military and economic consequences against Taiwan if Washington allows the self-ruled island to change the name of its representative office in the U.S.

The Global Times referred to a Financial Times report from Friday saying that President Joe Biden's administration is considering allowing the office to change its name from the "Taipei Economic and Cultural Representative Office" (TECRO) to the "Taiwan Representative Office."

The Chinese paper warned such a change would seriously anger Beijing and provoke a "severe" military and economic response:

"If the U.S. and the Taiwan island change the names, they are suspected of touching the red line of China's Anti-Secession Law, and the Chinese mainland will have to take severe economic and military measures to combat the arrogance of the U.S. and the island of Taiwan. At that time, the mainland should impose severe economic sanctions on the island and even carry out an economic blockade on the island, depending on the circumstances."



China views Taiwan as part of its sovereign territory and has long warned Washington against offering any support to the self-ruled island that could threaten its claim.

The Financial Times noted that while the name change effort may have support within the administration—White House Asia adviser Kurt Campbell reportedly backs it—a final decision has not been made and would require Biden to sign an executive order.

Such a move would come amid increasing tensions between the U.S. and China.

Were it to happen, the Global Times went on to say, Chinese mainland fighter jets should fly over Taiwan and place the island's airspace under surveillance by the People's Liberation Army (PLA).



"The name change provides the Chinese mainland with sufficient reason to strengthen our sovereign claim over the island of Taiwan. It is anticipated that the Taiwan army will not dare to stop the PLA fighter jets from flying over the island. If the Taiwan side dares open fire, the Chinese mainland will not hesitate to give 'Taiwan independence' forces a decisive and destructive blow."

This summer, Taiwan similarly opened an office in Lithuania called the "Taiwanese Representative Office," which prompted China to recall its ambassador from the European nation.

The U.S. and Taiwanese governments have not officially commented on the possibility of a name change, but the Chinese embassy in Washington said it "firmly opposes" any official U.S. interaction with Taiwan, according to the Financial Times.

"It must stop any official interaction with Taiwan, refrain from sending any wrong signals to 'Taiwan independence' forces or attempting to challenge China's bottom line, and properly and prudently handle Taiwan-related matters, so as not to seriously damage China-US relations and cross-Strait peace and stability," an embassy spokesperson said, according to the news outlet.

The Global Times on Sunday warned that China must take "resolute actions" to protect its territorial claim over Taiwan, stating the nation should be prepared to "blow [the U.S.] out of the water in the Taiwan Straits."

"The U.S. has been engaging in phrase mongering, hoping that the 'competition' between China and the U.S. will not evolve into a 'conflict.' We have to tell them clearly with our actions that 'competition' with the Chinese mainland on the Taiwan question is bound to turn into a serious conflict, and there is absolutely no room for maneuver," the state-run media outlet wrote.

Newsweek contacted the White House for additional comment but did not hear back in time for publication.



In China, a state-run media outlet warned of "severe" military consequences if Washington allows Taiwan to change the name of its American office.



Japan Officials Escalate Concerns About Possible China Attack on Taiwan
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Mon Sep 13, 2021 1:04 pm

-
O'Biden and the American communists are just setting up and excuse to disallow any resistance to China's aggression. Gen Milley (US joint chief of staff chairman - much like Ms Pelosi in Congress) and the O'Biden administration (Communist left) still think they are fooling the world while they create terrorism abroad and instigate terrorism within the US. They are the suicide demon within the US seeking to have the US destroy itself - and succeeding so far.

The US is about to become the largest and wealthiest sponsor of terrorism in the world (having now given the Taliban over $80 billion in high tech weaponry - they couldn't get that back when they created ISIS) - a true terrorist nation - worse than Iran.
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              You have been observed.
    Though often tempted to encourage a dog to distinguish color I refuse to argue with him about it
    It's just the same Satanism as always -
    • separate the bottom from the top,
    • the left from the right,
    • the light from the dark, and
    • blame each for the sins of the other
    • - until they beg you to take charge.
    • -- but "you" have been observed --
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Thu Sep 16, 2021 2:08 pm

obsrvr524 wrote:-
O'Biden and the American communists are just setting up and excuse to disallow any resistance to China's aggression. Gen Milley (US joint chief of staff chairman - much like Ms Pelosi in Congress) and the O'Biden administration (Communist left) still think they are fooling the world while they create terrorism abroad and instigate terrorism within the US. They are the suicide demon within the US seeking to have the US destroy itself - and succeeding so far.

The US is about to become the largest and wealthiest sponsor of terrorism in the world (having now given the Taliban over $80 billion in high tech weaponry - they couldn't get that back when they created ISIS) - a true terrorist nation - worse than Iran.



On the other hand, as a warning shot, indexing quickly forgonh ahead of Chinese superiority, SHE plans to market electric flying vehicles ( cars) by 2024.

What happened to US ingeniouty and capacity?

We have gotten used to a hundred years of PAX AAMERICNA.



(Of course figuring Chinese uppmenship as braced around present US control of world financial markets and present military superiority


But how long could such determined superior control last? The objective premise of such coincides with the long held theory of the NWO.



Here is China's effort to overcome at least one prong, the superiority of the leading currency, the dollar:



Currency and control: why China wants to undermine bitcoin :

"Beijing’s crackdown on cryptocurrencies has captured headlines, while behind the scenes its reserve bank set up its own digital currency


Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of bitcoin and other cryptos.

But while the argument rages about whether the volatility of cryptos is a sign of fundamental weakness or merely a bump along the road, the initiatives coming out of Beijing are being seen by experts as a sign of China’s attempts to incubate its own fledgling e-currency and reboot the international financial system.

The People’s Bank of China aims to become the first major central bank to issue a central bank digital currency. While the PBOC’s counterparts in the west have taken a more cautious approach, it has held trials in several major cities including Shenzhen, Chengdu, Shanghai and Hangzhou.

Cryptocurrencies’ dream of escaping the global financial system is crumbling | Quinn Slobodian
The benefits of an e-currency are immense. As more and more transactions are made using a digital currency controlled centrally, the government gains more and more ability to monitor the economy and its people.


The rollout is also seen as part of Beijing’s push to weaken the power of the US dollar, and in turn that of the government in Washington. China believes that by internationalising the yuan it can reduce its dependence on the dollar-dominated global banking system, just as its Belt and Road Initiative is building an alternative network of international trade.

Alarm in western governments is such that the threat posed by the digital yuan, which could put China out of reach from international financial sanctions, for example, was discussed at last month’s G7 meeting.

But another crucial motivation is the increasing alarm in Beijing at the size of the crypto industry in China, where a huge amount of cryptocurrency was being “mined” until the recent crackdown.

The threat of an unregulated alternative monetary system emerging from blockchain technology is a clear and present danger to the Communist party, according to observers.

Jim Cramer, a former hedge fund manager and CNN business expert, said the government in Beijing “believe it’s a direct threat to the regime because … it is outside their control”.

Seen from the perspective of central banks, cryptocurrencies are a threat to financial stability, argues Carsten Murawski, professor of finance at the University of Melbourne in Australia, and if digital currencies are to be developed then authorities want control.

China’s vast bitcoin mining empire risks derailing its climate targets, says study
“All central banks want to control them – the PBOC, the US Federal Reserve, the European Central Bank,” he says. “They have no interest in parallel currencies floating around. Some countries may not be too worried but in China it could be more of a concern.”

On Thursday, Fan Yifei, a deputy governor of the PBOC, said China was concerned about the threat posed by these digital currencies developed outside the regulated financial system. “We are still quite worried about this issue, so we have taken some measures,” Fan said.

The value of bitcoin shot up to a record high earlier this year of almost $65,000, having been worth less than $10,000 in the middle of last year, sparking a frenzy of interest in the cryptos as an investment to hedge against more traditional assets such as stocks and bonds. Comments by Elon Musk, the boss of Tesla, that he would not allow bitcoin to be used to buy his cars added to the volatility and it is now trading in the low $30,000s.

But that has also attracted the attention of authorities such as those in China concerned about the largely unregulated market.

“In many countries it is completely unregulated – it is the absolute wild west,” says Prof Murawski, who also pointed out that there might not be the usual legal avenues to pursue if people thought they had been defrauded.

“So that’s another reason to control cryptos: to protect the consumer. Uninformed investors could lose a huge amount of money.”

A technology trader advertises high-speed computers that can be used for cryptocurrency ‘mining’ in Hong Kong. Photograph: Alex Hofford/EPA
In China, the rollout of the digital yuan has speeded up this year in tandem with the outlawing of crypto trading. In May, the PBOC banned banks from doing business or providing accounts for anyone trading in cryptocurrencies. It was followed by the outlawing of bitcoin mining in several provinces, including Sichuan. On Tuesday, China’s central bank warned companies against assisting cryptocurrency-related businesses as it shut down a software firm over suspected involvement in digital currency transactions.

Fan said on Thursday that cryptocurrencies such as bitcoin had become “tools for speculation” and were bringing potential risks to financial security and social stability.

Online businesses have been allowed to prosper in China, but the government in Beijing has been ruthless in cutting them down to size if they appear to be getting too big to control. Jack Ma, the high-profile billionaire founder of the Alibaba empire, disappeared abruptly from public view for months last year, and his company was fined and ordered to downsize. Regulators have also targeted tech giants Tencent and Bytedance, the respective parents companies of WeChat and TikTok, and this week ordered ridesharing app Didi be pulled from app stores and launched an inquiry.

Dong Shaopeng, a senior research fellow at Renmin University of China in Beijing, said some online industries such as cryptocurrencies had reached an “alarming” size.

“It’s time for the government to block such transactions from capital sources, so that money will stop flowing from real industries to those transactions,” Dong told the Global Times.

‘I put my life savings in crypto’: how a generation of amateurs got hooked on high-risk trading
Prof Murawski says yet another reason why China wants to clean up the cryptocurrency business on its own patch is the possible threat to the electricity system.

The process uses a huge amount of electricity and has tended to be set up in areas where cheap power is available. In China that has included Sichuan, which benefits from abundant and cheap hydro-electric power. But as profits rise thanks to the popularity of cryptos, governments may becoming less willing to allow miners to accrue huge benefits from a system that uses so much electricity it can threaten the stability of the power grid.

The crackdown on cryptos is not limited to China. Britain’s financial regulator said last month that Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform.

But cryptos remain an extremely attractive asset for many investors who see nothing to fear from China’s crackdown and that mining will simply migrate to other more accommodating jurisdictions with little impact on the market."



BitcoinCryptocurrenciesAsia PacificChinese economyfeatures

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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Thu Sep 16, 2021 2:52 pm

so what's left to remain practically unchallenged?

The last prong, thr US milittry. But it is to the ' Eastern ( developing) front, that the US continues to be taxed by an overburdened military, much the way the British Navy was considered to be unbearable in the 19t h century. No one wants real war, but to this naive enough, symbolic gestures , such as those posted by North Korea's claim to have successfully launched an ICBM scalable of striking the US mainland, is ample strategic evidence.

So early symbols of assault are forthcoming as well.

No wonder Biden has a very tough role here with international relations with China. Russia, on the other hand, is becoming fair game, because of her. prior & present delimma over Chinese duplicity.
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Wed Oct 20, 2021 3:29 am

-
The war to decimate the US continues beyond removing the southern skin of the body and rolling the US in the diseased dirt as China and the globalist's puppet O'Biden regime disrupt and dismantle the US's transportation infrastructure - hoping to destroy the Holidays (and the economy they represent) - especially Christmas - for all US patriots.

At some point I think they have to disrupt or destroy the communication infrastructure beyond merely downing Facebook for a day. They have already declared that parents have no say in what the government teaches children and will be prosecuted for objecting.

-- anything to prevent the resuscitation of a constitutional republic in the New World.
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Re: A World at War - Part 3 - Rise of China

Postby promethean75 » Wed Oct 20, 2021 11:17 am

Ob u don't understand what's going on. This is all over ur head. If Biden and China don't take over the world, there will be a malthusian catastrophe on a global scale on or around the year 2057... if my calculations r correct.
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Thu Oct 21, 2021 7:08 pm

promethean75 wrote: If Biden and China don't take over the world, there will be a malthusian catastrophe on a global scale on or around the year 2057... if my calculations r correct.

:lol:
What kind of delusional bubble have You mustard up? :-k
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Fri Oct 22, 2021 11:03 pm

obsrvr524 wrote:
promethean75 wrote: If Biden and China don't take over the world, there will be a malthusian catastrophe on a global scale on or around the year 2057... if my calculations r correct.

:lol:
What kind of delusional bubble have You mustard up? :-k




Even before that watch for signs during the 2022 elections
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Re: A World at War - Part 3 - Rise of China

Postby obsrvr524 » Wed Dec 01, 2021 3:31 pm

-

The development of the Chinese Communist Party's China since Chairman Mao until now.


They are long - so only for those interested.

China went from a "developing country" (meaning they had been ignoring the military and economic advancements of the West) to an aggressive challenger for global domination - using anything that works.
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Re: A World at War - Part 3 - Rise of China

Postby Meno_ » Wed Dec 01, 2021 7:10 pm

There is really no end to the Malthusuan problem, a previously mysterious , underdeveloped, problem that since exploded into the exterior, that can not be ignored , since it challenges world peace.

The humongous problem with explosive Chinese population control was previously solved by a simple but useful method:

Little boy babies were spared and prayed for , cause of their work-ability, whereas tiny little girls were drawned in the river.

How about that for a means not to concern with abortive measures well debated in the West?
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