Trump’s Emergency Declaration is Worse than Nothing, and Dooms America, Quicker By Chris Knight

     President Trump has signed a spending bill, well over a thousand pages of dense, near-incomprehensible legal googley dook, which  has the implications of making it illegal for a border security wall to be built, and that the declaration of an emergency cannot override this. Along with this are clauses that only a Leftist lawyer would write, such as the banning of the deportation of any illegals claiming to be the parent of an illegal child, and strict limits on the numbers of deportations. Here is the bill in all of its globalist  evil:
  https://www.congress.gov/bill/116th-congress/house-joint-resolution/31/text?q=%7B%22search%22%3A%5B%22omnibus+spending%22%5D%7D&r=4&s=1

     My views are influenced by those of lawyer Ann Coulter, who says this:

Continue reading

FREE SPEECH IN AUSTRALIA FURTHER JEOPARDISED - The Cancellation of David Icke’s Entry Visa By Nigel Jackson

     On 20th February The Australian published a substantial news report under the headline: ‘Australia “top pick for hate preachers”’. We learned that two Jews, Dvir Abramovich, chairman of the Anti-Defamation Commission, and Josh Burns, the preselected Labor candidate for the Melbourne seat of Macnamara, had appealed to Immigration Minister David Coleman to ban British writer David Icke from entry into Australia. Icke is a voluminous writer in the ‘alternative history’ field, some of whose work I looked at many years ago and decided was significantly unreliable. He struck me as comparable to that other extraordinary but deluded man, L. Ron Hubbard. I carry no flag for Icke’s work. His proposed tour was titled ‘Everything you need to know’, which suggests self-inflation.

     However, The Australian began its report by labelling him a ‘Holocaust denier.’ It stated that he has campaigned to have ‘Holocaust denial’ taught in schools, that he claims that the Rothschild family are among the leaders of an ‘Illuminati’ that runs the world, that he believes that ‘a small Jewish clique’ helped cause various disasters including both the world wars, the Bolshevik revolution, the global financial crisis in 2008 and the September 11 attacks. He may not be entirely wrong in all of that; and these are topics which may require open discussion if we are to make some sense of contemporary politics, national and international. The fact that an unreliable egoist holds forth on them does not justify excluding them or him from our public forums. The scare campaign started by Burns and Abramovich looks to contain gross exaggeration; and a Jewish demand to curtail criticism of Jews appears to be special pleading.

Continue reading

One for the Last Fans of Jordan Peterson By James Reed

     The documentary “Jordan Peterson Dismantled,” is linked below. The basic argument is, that although Peterson did early good work attacking feminism, it was not particularly original. What Peterson has done though in more recent times, is to attack nationalism from the perspective of a self-focussed individualism, one of the very things which has put the West in its present precarious position:

“A documentary exposing Jordan Peterson's agenda to subvert and destroy the rising political right wing, and neutralize European nationalism. This video completely exposes Peterson's anti-White agenda and his strategy for implementing it. Any Peterson fans who are not beyond saving will be deprogrammed by watching this video. Jordan Peterson's primary goal is to neutralize the political right and White identity. He does not care about the Marxist take over of our nations, in fact he was hired by the United Nations to help usher it along. Peterson's only reason for stepping into the limelight was because he saw a massive right-wing backlash fomenting, and realized it was going to destroy the left. His job is to implement "plan B", to steer the rising tide of nationalism into an impotent cul-de-sac of centrist individualism, giving our enemies just enough time to tip the demographic balance of our countries so that our destruction is sealed. Peterson is explicitly targeting young White males for indoctrination with an insidious political ideology he calls radical individualism. He has created a pseudo-religion self-help cult; he is delivering his ideology to the disaffected youth by combining it with a self-help regimen wrapped in empty religious metaphor. While our enemies are working tirelessly to destroy our nations in a ruthlessly calculated and organized fashion, Jordan Peterson is brainwashing a generation of young White men to be atomized individuals who perceive group cooperation based on ethnic identity and nationality as the height of evil. And in the process of doing so, Peterson and his friends are making untold millions of dollars.”

Continue reading

The Communist Pope, Comes Clean By Peter West

     For Pope Francis, migrants are so fantastic that they are the Lord’s “privileged ones.” Ok, but he is not content with his job in the Recruitment section of the Department of Immigration. No, communism is not to be feared either:
  https://www.jihadwatch.org/2019/02/pope-francis-urges-christians-to-overcome-fear-of-migrants-foreigners-are-also-the-lords-privileged-ones 
  https://www.breitbart.com/faith/2019/02/19/pope-francis-christians-should-not-fear-looking-like-communists/

“Too many Christians shy away from the social gospel, Pope Francis said Monday, because they are afraid the Church will end up looking like the communist party. God asks us lots of uncomfortable and inconvenient questions, the pope said in his homilyat morning Mass at the Santa Marta residence in the Vatican, just like he did in the garden of Eden, asking Cain, “Where is your brother?” knowing full well that Cain had killed his brother Abel. We are all responsible for one another, Francis said, especially for the poor and needy, even though we often try to back out of this duty. “We ease our conscience a little by giving alms, as long as it does not hurt too much,” he said, because we fear that “with these social things the Church ends up looking like the communist party and this bothers us. Fine, but it was the Lord who said, ‘Where is your brother?’ Not the party, the Lord.”

Continue reading

Now Even Talk of “Billionaires is “Racist” By Chris Knight

     I often lay awake at night, being a chronic insomniac, and spend my time trying to anticipate what will be the next thing attacked by the elites, and by that I mean those who run the show, and by that I mean the 1 percenters. After all, people like me are totally powerless, but those with billionaires are not. Doesn’t that seem uncontroversial? Well, don’t bet on it, because now even talking about billionaires is politically incorrect. Use instead, “people of means.”
  https://www.rt.com/usa/450710-howard-schultz-billionaire-wealth/

“Former Starbucks CEO Howard Schultz doesn’t like people using the term 'billionaires' to describe billionaires, instead, the multi-billionaire prefers the term ‘people of means.’ Speaking at a Barnes & Noble book event last week, Schultz responded to a question about whether billionaires have too much power in the US by focusing on the term ‘billionaire.’

Continue reading

The Roar of Waste By Ron Pike

     Watching the Burdekin Falls Dam with around six metres of water going over the spillway following flood rains in the catchment, we must remember that this is not a rare occurrence. As far back as 1875 there are records of the Burdekin River rising over 18 metres in just a few hours and repeated reports of 1 to 6 metres of water above the bridge deck at Inkerman. Records of high river flows lasting weeks and months are not uncommon. Following a cyclone in December 1974 the river remained at flood height until April 1975. These flood flows can exceed 5 mega-litres per second (almost half a million ML every day). This is sufficient to fill our oldest irrigation storage, Burrinjuck Dam, from empty, every two days.

     The roar of this cascading water is the roar of waste – wasted water that will be needed in years of little or no flow. It is also the roar of flood water that is destroying people’s lives and carrying sediment and nutrients that some say may damage the Great Barrier Reef. We can avoid this flooding. We can store this water for later use. We can use it to produce cheap clean power and vastly increase productivity across the Burdekin Basin. With vision and planning we can use it to drought-proof much of central and western Queensland. Why don’t we do it?

Continue reading

Dirty Banking Tricks By James Reed

     Freedom movement folk have rightly perceived that the real problem behind the banking Royal Commission, the herd of elephants in the room, is that perennial problem of centralisation and monopolisation; that the banks are too big, and have all the problems of bigness. Fortunately, Bob Katter introduced into the House of Representatives in June 2018, the Banking System Reform (Separation of Banks) Bill, and it will soon be introduced into the Senate. This will deal with the “dirty tricks’ problem that has been outlined in a February 7, 2019, Media  Release by the Citizens Electoral Council, entitled, “ Treasury’s Dirty Trick in Hayne’s Report.” After reading this Media Release, we must all lobby to make sure the Katter Bill becomes law.

“Above all else, the banks were desperate that Commissioner Hayne’s final report didn’t recommend structural separation; according to journalist Michael Pascoe, this was the subject of the illegal insider trading leak that caused bank shares to suddenly rise at 11:00 AM on Monday. Treasury, which has a revolving door with the banks, epitomised by Dr Ken Henry who wrote the letter on behalf of the banks that gave the all-clear for the royal commission on certain conditions, ensured the banks got their way. Former APRA Principal Researcher Dr Wilson Sy, who has direct experience with Treasury’s methods, explains how. The Australian Treasury has played dirty tricks on the public in the final report of the Hayne Royal Commission (HRC). This was probably why Kenneth Hayne refused to shake hands with the Treasurer Josh Frydenberg on its delivery. The public does not know that the HRC final report was not written entirely by Kenneth Hayne (KH), but substantially by the Treasury.

Continue reading

Where Climate Change Fanaticism Leads; Red New Deal By James Reed

     Although this one is American focused, it deals with my pet hate, global warming, so I do this one, not Chris, who seems over-worked covering  the American crisis anyway. It shows that climate change  and socialism go hand in hand, like a hammer and sickle:
  https://www.naturalnews.com/2019-02-07-green-new-deal-democrats-call-for-eliminating-the-entire-air-travel-industry.html
  https://www.breitbart.com/politics/2019/02/07/u-s-energy-sector-immoral-green-new-deal-advances-socialist-agenda/
  https://www.breitbart.com/politics/2019/02/07/pollak-green-new-deal-is-a-republican-parody-of-the-democratic-platform/
  https://www.naturalnews.com/2019-02-09-the-real-democrat-agenda-unveiled-murder-the-babies-demolish-all-buildings.html
  https://www.breitbart.com/politics/2019/02/08/green-new-deal-says-vote-trump-2020/

“ On Thursday Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) introduced a so-called “economic development plan” that will not only bankrupt America if it is ever fully adopted, but it will reverse more than a century of societal and technological progress. According to an overview of the plan, which Ocasio-Cortez is calling the “Green New Deal,” it is decade-long “massive transformation of our society with clear goals and a timeline,” Americans for Tax Reform(ATR) said. Specifically, the Green New Deal — and bear in mind we’re not making any of this up — calls for: — The elimination of all air travel, at least in the United States. Not only does that mean domestic flights, but that also includes foreign travel (not sure if Ocasio-Cortez and her fellow “Democratic Socialists” would allow airliners from foreign countries to fly to the U.S. and land here). — The replacement of air travel with “high-speed rail” travel, essentially turning a four-and-a-half hour flight from Los Angeles to New York City into a 24-hour ordeal or more. “Build out highspeed rail at a scale where air travel stops becoming necessary,” the plan says. — The literal rebuilding of every single building in the United States: “Upgrade or replace every building in U.S. for state-of-the-art energy efficiency.” — The end of all traditional forms of energy currently in use in the U.S., to be replaced by ‘green’ renewable energy sans nuclear power (wind and solar). In fact, ‘if possible,’ the plan calls for the elimination of all nuclear power plants. It’s “a 10-year plan to mobilize every aspect of American society at a scale not seen since World War 2 to achieve net-zero greenhouse gas emissions.”

Continue reading

Australia to be Slums in 20 Years. Why So Optimistic? By James Reed

     For those who think we are all a bit pessimistic, that things are not as bad as we say, that we are influenced too much by the American and European situations, this one is for you:
  https://www.youtube.com/watch?v=vRSdiq3sOTc

     It will be a great irony when the housing bubble finally bursts, for Australia, since 1947, the beginning of the great replacement, has been simply geared around migrants and the housing industry to make profits for the ruling elites who run that show. I for one will be pleased, over-joyed in fact, if I end up  dying  on the streets, homeless, just to see to see this whole castle of glass come crashing down:
  https://www.youtube.com/watch?v=ScNNfyq3d_w 

Sweden Sinks Ever-Deeper into the Mud By Richard Miller

     Sweden is my bet to be the first Western country to collapse. If California was a country, I would still bet on Sweden. It is as if they must pay the price of oblivion for their Nordic racial complexion, which must be eliminated from the human gene pool, but which is a social construct anyway, so what does it matter? Apart from the ethno-racial aspect, the collapse of Sweden will mean less profits for the capitalists, so there is some interest in not letting Sweden completely burn to the ground, until demographic replacement is complete. Sweden has been regarded by some academics as a bigger security threat to Europe than Russia:
  https://www.youtube.com/watch?v=XwxRb5l_J3Y
  https://www.breitbart.com/europe/2019/02/07/sweden-admits-it-cannot-control-its-own-borders/

“The chief of Sweden’s National Border Police has sounded the alarm on the ability of his force to do its job — even to the low standard required by the European Union under its Schengen zone open borders agreement.
Former Europol top cop and Swedish police superintendent Patrik Engström [pictured above, left] made the warning when he said the Border Police that he commands did not have enough resources to adequately patrol the 102 border crossings and ports nationwide. A Swedish newspaper has claimed the nation is short of 500 border officers to do the job adequately, but Engström declined to discuss specific numbers, Sweden Radio reports. Engström said: “…the border police’s mission is not resourced to meet Schengen’s requirements for border control… It is a work that is carried out in all seven regions of the police. What is needed, without entering the exact number, is more staff to be able to carry out the external border control that the EU requires. It is about being able to conduct control at both large and small border crossing points.”
  https://www.breitbart.com/europe/2018/09/18/total-failure-sweden-europes-worst-border-control-report-hushed-up-election/

Continue reading

Australia Facing a Brick Wall of Blackouts By Jerry Ellis and Sir Rod Carnegie

20 February 2019,

The Chairman of the Saltbush Club, Mr Jerry Ellis, today warned that Australia needs more reliable baseload power.

“With the population and the economy growing, but with electricity availability and reliability in decline, we are racing headlong into a brick wall of blackouts.

“Recession and disruption will probably follow, bringing to mind those memorable 1990 words of Paul Keating: ‘This is the recession we had to have’. Except in this case the recession will be self-inflicted.

“Much of my working life was in the steel industry in the 1970s and 1980s. It operated 24x7, with large numbers of electric motors requiring a continuous supply of low-cost electrical power. Un-planned interruptions were rare, but when they occurred they were very costly.

“Now we face the prospect of planned and unplanned loss of power due to the rundown of base-load power capacity. It must be a nightmare for today’s steelmakers and aluminium refineries facing this growing crisis.

“It is essential that Australia rebalances economic imperatives against populist ideas regarding the release of carbon dioxide to the atmosphere.

“A strong Australian economy is crucial to Australia’s welfare and will also make a valuable contribution to world prosperity.

“Australia produces a tiny proportion of the world’s carbon dioxide. Even total closure of our industry would have no detectable impact on carbon dioxide emissions or global climate.

“We urgently need new supplies of reliable energy from coal, gas, hydro or nuclear.”

Jerry Ellis was supported by Sir Rod Carnegie, former Managing Director, CEO and Chairman of CRA (Rio Tinto) who said:

“It is essential that Australia regains its reputation for cheap reliable electricity or we will lose our manufacturing and refining industries, returning only to our backbone industries of agriculture and mining”.

Forward, to the Past! By James Reed

     A great piece by the only sensible person from the Left/environmentalism, James Howard Kunstler, on the irrelevance of the present Left’s retreat to socialism, because we are at the end of the age that produced any (false) need for socialism in the first place:
  https://www.zerohedge.com/news/2019-02-11/we-have-new-kind-mass-squalor-america-kunstler-warns-socialists-have-no-answers

“And so the Democratic Party has gone and hoisted the flag of “socialism” on the mizzenmast of its foundering hulk as it sets sail for the edge of the world. Bad call by a ship without a captain, and I’ll tell you why. Socialism was the response to a particular set of circumstances in time that drove the rise of industrial societies. Those circumstances are going, going, gone. The suspicion of industry’s dreadful effects on the human condition first sparked in the public imagination with William Blake’s poem “Jerusalem” in 1804 and its reference to England’s newly-built “dark satanic mills.” Industry at the grand scale overturned everyday life in the Euro-American “West” by the mid-19th century, and introduced a new kind of squalor for the masses, arguably worse than their former status as peasants. And thus it was to be, through Karl Marx, Vlad Lenin, and the rest of the gang, ever-strategizing to somehow mitigate all that suffering.Their Big Idea was that if government owned the industry (the means of production), then the riches would be distributed equally among the laboring masses and the squalor eliminated. You can’t blame them for trying, though you can blame them for killing scores of millions of people who somehow got in the way of their plans.

Continue reading

Sh*thole West! By Charles Taylor

     Pardon the French, but do you recall President Trump rattling on some time back, that he did not want migrants from sh*thole countries, and how the media responded to his play acting? Well, the US, and most of the West are coming to be that, quite literally:
  https://www.zerohedge.com/news/2019-02-13/rats-public-defecation-open-drug-use-our-major-western-cities-are-becoming

“Those that must live among the escalating decay are often numb to it, but most of those that are just in town for a visit are absolutely shocked by all of the trash, human defecation, crime and public drug use that they encounter.  Once upon a time, our beautiful western cities were the envy of the rest of the world, but now they serve as shining examples of America’s accelerating decline. The worst parts of our major western cities literally look like post-apocalyptic wastelands, and the hordes of zombified homeless people that live in those areas are too drugged-out to care. The ironic thing is that these cities are not poor. In fact, San Francisco and Seattle are among the wealthiest cities in the entire nation.  So, if things are falling apart this dramatically now, how bad will things get when economic conditions really start to deteriorate? Let’s start our discussion by looking at the rat epidemic in Los Angeles. Thanks to extremely poor public sanitation, rats are breeding like mad, and at this point they have even conquered Los Angeles City Hall…

Continue reading

Trump’s Immigration Madness Will Finish of American Jobs By Chris Knight

     Trump, among his infinity of mistakes wants to have America’s largest immigration intake. This will destroy American jobs, all in the name of furthering the evil agenda of the globalists:
  https://www.breitbart.com/politics/2019/02/13/trumps-hint-to-increase-legal-immigration-automation-dooms-american-workers/

“President Trump’s hint that he will increase legal immigration levels and a pending automation doomsday that lawmakers have yet to regulate threatens millions of America’s working and middle class workers. This week, Trump reiterated for the third time in a few weeks that he believes the U.S. should be increasing already historic levels of legal immigration — where more than 1.2 million legal immigrants are admitted every year at the expense of American taxpayers who are forced to subsidize the scheme through depressed wages and fewer job prospects. Trump has suggested that the country does not have enough Americans to fill high-paying jobs in sectors like the automotive industry. Nonetheless, Bureau of Labor Statistics data tell a different story, one that is nowhere near a so-called “labor shortage,” as the business lobby has continued to falsely claim. There are at least 13 million working-age Americans who are either unemployed, not in the labor force but want a job, or who are working part-time jobs but want a good-paying full-time job.Immigration Reform Law Insititute (IRLI) Executive Director Dale Wilcox told Breitbart News that increasing legal immigration levels would subject those 13 million Americans to more foreign competition against mostly low-skilled workers. Wilcox said:

Continue reading

Basic Income through a National Dividend

     All dividends are a distribution of profits. Most modern Nations are profitable, although Nations don’t now do Profit and Loss Accounts. By way of example a Profit and Loss Account for the United States was done privately in Australia for the year 2014. Using US Federal Reserve economic data (FRED), US Bureau of Economic Assessment statistics, and some private research the profitability of the United States was affirmed. It showed that while $12.5 trillion of consumer goods were both produced and sold, the total aggregate income of all persons was only $10.1 trillion. This sum of consumer production over and above the total incomes paid to induce it, amounted to $2.4 trillion in total, and to $7,500 per person, or to $30,000 per American family of four.

     The excess of consumer production over consumer incomes was financed by the United States’ total indebtedness increasing in 2014 by $2.3 trillion. Because America is profitable each year, it has to increase its debt each year to finance the consumption of that part of its consumer production which its incomes will not buy. Failing this, the Nation would go into recession and eventually into economic depression. This debt was supplied by the Reserve Bank in association with Private Banks, creating new and additional money and distributing it as debt owing to themselves. This is a regular occurrence every year. It might as easily have been supplied by a National Credit Authority with court-like powers, both calculating the National Dividend, and empowered to distribute it to all persons in equal measure and without discrimination. It would be distributed as a dividend, that is, debt free and without any interest or fees charged.

Continue reading

Why Australians are Not Going to Own Their Own Homes By James Reed

     This is what happens when the sheeple just let things go. There has been plenty of opportunity to oppose the buys ups in the past, but as with immigration, it is just let go, out of apathy, self-consumption and sheepish incomprehension:
  https://www.news.com.au/finance/real-estate/buying/fears-one-million-aussie-homes-could-soon-be-owned-by-foreign-buyers/news-story/c50a4112bab4f3ed8fae27277f313f54

“The country is at risk of becoming the “24th province of China” as we fail to “stem the tide” of foreign investors, an expert has warned. Australia is selling off natural resources, farmland and property to China at a “crazy” rate — putting us at risk of becoming the “24th province” of the East Asian behemoth. That’s according to real estate expert Doug Driscoll, who warned of the urgent need to start a national conversation about foreign ownership of residential property in particular. While interest from overseas buyers has decreased in recent years, the Starr Partners chief executive said our overall rate of foreign ownership was still alarmingly high. And he said a report released last month by Chinese international property portal Juwai.com showed there was now an “insatiable appetite” for Australian property among Chinese buyers, with our softening housing market boosting interest.

Continue reading

The Real Cost of Immigration By Richard Miller

     Slowly, facts about the true cost of the European White replacement immigration program are coming to light:
  https://www.breitbart.com/europe/2019/01/27/unpublished-swedish-report-reveals-migrant-costs-far-higher-than-govt-claims/

“A leaked unpublished document from Sweden’s Justice Ministry has revealed that the costs of mass migration are far higher than figures currently expressed by the government. The document comes after the new coalition government agreed to relax the rules for chain migration, or “family reunification”, which will likely lead to a larger influx of migrants than previously estimated. Following the announcement of the policy, the Swedish Migration Board sent the report to the Justice Ministry which calculated the added costs in the millions. Despite the reports, Swedish Social Democrat Justice Minister Morgan Johansson has referred to prior, much less costly, figures throughout the week, Expressen reports. The previous report, compiled in Septemeber of last year, estimated that chain migration would cost Swedish taxpayers  910 million Swedish kronor (£76.15 million) from 2019 to 2021. The new estimate sees that number increase to 1.365 billion Swedish kronor (£114.2 million) over the same period.”

Continue reading

On the Road to Communism By Paul Walker

     This is a peep at what is in line for us in the future, as our economy implodes; Venezuela shows the way in communist control as bank accounts are frozen, allegedly to stop terrorism. Here are some comments on this by J. G. Martinez, straight from the lion’s den:
  http://www.shtfplan.com/headline-news/personal-bank-accounts-in-venezuela-frozen-to-fight-terrorism_12142018

“Controlling a society is not an easy task. It is about controlling food production means, limiting the mobility of people, denying access to everything, allowing basic human rights to be violated by the uniformed corps (very important because these groups have weaponry), and allowing irregular gangs take over resources that, otherwise, they would never be able to have control of. Therefore, they NEED desperately to make people knee, and one of the ways they can do it, is via the control of the circulating money. This is nothing new. The original Rothschild said once “give me the control of the currency of a country, and I wouldn´t mind who governs it”. Or something like that. That is exactly what this mafia has done. They’re now freezing bank accounts within Venezuela. To do so, the criminal gang in power has reinforced their strategy.  They are freezing bank accounts inside Venezuela, in our national currency, if they detect someone is using the account from another country. My own bank accounts, with over 15 years of history, included. This is against the right to use the private and personal property, guaranteed in our Constitution.

Continue reading

A Modern Mania By Viv Forbes

     Every society seems destined to suffer at least one episode of crowd madness. They range from the Dutch Tulip Mania in 1636, the British South Sea Bubble in 1720, hyper-inflation in the Weimar Republic in 1923 and in Zimbabwe in 2008, bank failures, booms and depression, and evil eras of murderous madness like those of the Bolsheviks in Russia, the Red Guards in China and Pol Pot in Cambodia. Today we have a modern madness, less dramatic but more insidious, which is affecting the affluent West. It is the phobia about hydro-carbon energy which is now being blamed for every natural disaster, and the parallel religious worship of everything “green”.

     “Green Energy” is a relic from a bygone era when most people lived or worked on farms and relied on animal power, windmills, sailing ships, solar energy and biomass. Subsidising, mandating and promoting its use in modern urbanised industrial society is a con-trick worthy of the shady salesmen of past manias. Weather-dependent “Green Energy” may suit remote or stand-alone applications, but is unreliable and destabilises electricity grids. It is destroying Australian industry and jobs and harming consumers, while disfiguring the landscape and having no measurable effect on global temperature. Manias always end badly. Suffering electricity consumers forced to endure the costs of its unreliability will eventually revolt and we will abandon this modern “Green Energy” mania.

Continue reading

Will China Finally Sink Under the Waves of Debt? By Peter Ewer

     While James Reed is hoping that China may continue on the best of the West, I for one, have my doubts, and I pretty much have doubts about everything. For one thing, at long last, China is running head-first into a great wall of debt:
  https://www.abc.net.au/news/2019-01-20/chinas-looming-great-wall-of-debt/10713614

“China's debt has been a key factor to its economic success in riding out the GFC, due to a large government stimulus injected into its economy. However, the financial boost has mostly led to China having one of the highest corporate debts in the world, only second to the Special Administrative Region of Hong Kong. The past year has been a tumultuous one for the Chinese market: it was hit by an economic downturn, and for the first time in two years, exports unexpectedly plunged to its lowest point, all of this against the backdrop of an ongoing trade dispute and punishing tariffs by the US. Beijing made moves to solve its issues by slashing central bank reserves earlier this month — the fifth time within a year — freeing up $US116 billion ($161.3 billion) to stimulate more economic growth. But forecasted figures by a number of global financial institutions are not looking too positive for the global superpower, and adding to the debt fears is an opaqueness and inability for analysts to completely obtain information and understand the full extent or impact of the potential looming problem.”

Continue reading