African migration to Italy booms with the aid of NGOs as EU “Open borders” policy continues Read more >>>
Patchwork family, tradition, religion, state, race: patchwork everything. Read more >>>
Euro-hubris punished: how Finland became the last victim of the euro Read more >>>
Erdoğan’s Turkish demographic imperialism is the latest failure of open borders immigration policies Read more >>>
On March 15 the Trumponomics may tumble down Read more >>>
US-centric media report that Japan has become the biggest holder of the US treasuries, surpassing China last month. However, this is true only in regard to single countries. If we consider European Union member states collectively, then they appear to be the biggest holder of the US treasuries. It has been so almost one year long. Unfortunately, the EU’s holdings are artificially overstated because of some financial havens and they are going in the opposite direction to the trend: up rather than down.
According to the latest data from TIC (Treasury International Capital System), the EU was in possession of $1242 billion of US Treasuries in November 2016, $9 billion more than one month earlier. The EU was the only one from three biggest holders that increased its amount of US treasuries in November, while China and Japan continued to lower their holdings.
China is by far the most powerful contestant. Neither the Philippines, nor Malaysia nor Vietnam can compare, though they, especially Hanoi, dare to put up a fight and stave off the encroachment on its sovereignty. China, true, is willing to sit down to the negotiation table, yet insists on bilateral talks; the smaller contestants prefer group talks. An they all look to the United States, if for different reasons. China is trying to expand its regional clout, the smaller countries are defending their rights. And the United States? Failure to respond to the Chinese challenge entails serious consequences such as damage to Washington’s status of the world superpower and loss of American credibility, not only in the eyes of the few South-East Asian nations concerned but also others, like Japan. The eyes of the world are thus focused on the South China Sea.
The time of Kazakhstan’s stability and prosperity is just passing away. And this conclusion does not come from recent protests and shootings in the city of Aktobe, but from the panicky reaction of President Nursultan Nazarbayev. According to the 75-year old declared Leader of the Nation and his officials, latest developments are a “color revolution” aiming at a “coup” made by “pseudo-religious extremists” financed by detained pro-Russian businessmen; the President voices this opinion despite the fact that previously he claimed it was the “fifth column” of undefined third (western) powers that attempted to interfere with Kazakhstan’s internal policy. Madness. As if it were not the sharp decline in oil revenues has nothing to do with that in a country which produces 1.7 million barrels per day.
Making things even worse, it is questionable if the Aktobe event was prepared by Wahhabis or other Islam terrorists. Religious extremists usually do not attack gun shops and military units, but prefer bombings and random mass killings1)Kazakhstan: Nazarbayev Embraces Color Revolution Paranoia, Source: Eurasia.net 2016-06-08. Moreover, they usually wear beards, whereas most of Aktobe assailants were clean-shaven2)Nazarbayev believes that in the tragedy of Aktobe blame the “color revolution”, Source: The Newspapers 2016-06-09. Radio Liberty attributes the responsibility for the attack to the “Army for the Liberation of Kazakhstan,” which, according to officials and some other experts, does not even exist. The level of misinformation is enormous.
It took three wars for Rome to destroy Carthage. Carthago delenda est was the catchphrase of the day. Weakened though Carthage was, it was not allowed to exist. It took two wars for the Atlantic Anglo-Saxon alliance to destroy Germany. Germany must perish1 was the catchphrase of the day. And so Germany perished in the firestorms of carpet bombings. Now Germany is an American protectorate with a docile government and a people so re-educated that it has been turned into German self-haters. What will it take to destroy Russia? Because Ruthenia delenda est, Russia must perish, has been the catchphrase of the day for years now. And will be.
A falling industrial demand, falling commodity prices, falling trade, falling sales. This is what we see now in China, Europe and even in the USA. What comes next? Falling employment, falling customers’ demand, falling economy. Global trade gives us clear signals that we cannot ignore.
A crisis is coming and these are the signs:
China: October imports fell 18.8 percent in comparison to the previous year1. It is the beginning of the domino effect, with its coal and iron background.
Taiwan: October orders from China fell 10.6 percent in comparison to the previous year, from Japan 24 percent down. Taiwan’s export orders are seen as an indicator of a demand for high-tech gadgets and for Asia’s exports2.
Japan: first decline in exports in October since August 2014 (2.1 percent in comparison to the previous year). Reasons: China’s slowdown, poor Asia’s demand, the yen not weak enough. Double-digit declines in auto parts and electronic components3.
Germany: a monthly drop in exports in August, due to declines in industrial production and the number of factory orders4.
UK: 40% of respondent-companies are below average in export orders. Reasons: China’s downturn and a strong sterling5.
Baltic Exchange’s main sea freight index fell below 500 for the first time. Baltic’s BDI Index (gauging the cost of shipping) reflects a slower coal and iron ore demand in China. 19-commodity Thomson Reuters/Core Commodity CRB Index reached 13-year lows6.
USA: quiet three busiest U.S. seaports during ‘peak shipping season’. Imports in Los Angeles, Long Beach and New York fell in both September and October for the first time in a decade7.