rs
Dagobah Resident
The "free" version of the GEAB report is here:
_http://www.leap2020.eu/when-china-prepares-its-great-escape-from-the-dollar-trap-for-the-end-of-summer-2009_a3582.html
Rather than quote the entire article (with all of its embedded graphics), I'll let y'all read it yourselves.
What is interesting about the GEAB reports is what the Great Philosopher Yogi Berra once was reported to have said: "It is difficult to make predictions, particularly about the future." They were predicting the collapse of the dollar in the early winter. Of 2009.
The economic analysis is plain enough, the point being that Beijing has realized that they need to get out from under the thumb of dollar hegemony and so they are dumping dollars under the pretext of locking in long term contracts on commodities. They will continue to do so until everyone else realizes what they are doing or it reaches critical mass and they feel that they have the best deal they are going to get and they will simply dump the rest of their treasuries at a "fire sale".
This is all well and good, and makes perfect sense. Except for two things. Two very important things.
1) their analysis seems to imply that the Chinese are very smart and everyone else is reallystupid. I for one, do not underestimate the brainpower contained within the PTB, with the possible exception of one particular former President.
2) their analysis seems to imply that the forces in play are restricted to a market based economic policy arena, and do not take into account the scope of other more "modern" forms of warfare. If you want to know what I mean, see today's SOTT Focus: Connecting the Dots: A smashing anniversary for the Signs of our Times. This provides a summary of some of the ways that our "modern" governments are using highly sophisticated techniques to deal with issues via an end run. Here the motto of the Mosad is most appropriate "By deception shalt thou do war".
I do not underestimate the strength of the American Empire or the survivability of the US dollar, not because I think the underlying economic principals are sound, but because I think that much of the world underestimates the willingness of the power structure to take any steps to survive. The collapse of the dollar will only be allowed iff the result places the current PTB in the same relative position they occupy today, or better (or at least that the PTB remain Real Sure that this will be the outcome).
I don't doubt the possibility that the proverbial excrement will hit the air mover, and Real Soon Now, I doubt that the progression will proceed according to any "rational" analysis, or at least one that does not take into account the Machiavellian extreme.
_http://www.leap2020.eu/when-china-prepares-its-great-escape-from-the-dollar-trap-for-the-end-of-summer-2009_a3582.html
Rather than quote the entire article (with all of its embedded graphics), I'll let y'all read it yourselves.
GEAB said:
What is interesting about the GEAB reports is what the Great Philosopher Yogi Berra once was reported to have said: "It is difficult to make predictions, particularly about the future." They were predicting the collapse of the dollar in the early winter. Of 2009.
The economic analysis is plain enough, the point being that Beijing has realized that they need to get out from under the thumb of dollar hegemony and so they are dumping dollars under the pretext of locking in long term contracts on commodities. They will continue to do so until everyone else realizes what they are doing or it reaches critical mass and they feel that they have the best deal they are going to get and they will simply dump the rest of their treasuries at a "fire sale".
This is all well and good, and makes perfect sense. Except for two things. Two very important things.
1) their analysis seems to imply that the Chinese are very smart and everyone else is reallystupid. I for one, do not underestimate the brainpower contained within the PTB, with the possible exception of one particular former President.
2) their analysis seems to imply that the forces in play are restricted to a market based economic policy arena, and do not take into account the scope of other more "modern" forms of warfare. If you want to know what I mean, see today's SOTT Focus: Connecting the Dots: A smashing anniversary for the Signs of our Times. This provides a summary of some of the ways that our "modern" governments are using highly sophisticated techniques to deal with issues via an end run. Here the motto of the Mosad is most appropriate "By deception shalt thou do war".
I do not underestimate the strength of the American Empire or the survivability of the US dollar, not because I think the underlying economic principals are sound, but because I think that much of the world underestimates the willingness of the power structure to take any steps to survive. The collapse of the dollar will only be allowed iff the result places the current PTB in the same relative position they occupy today, or better (or at least that the PTB remain Real Sure that this will be the outcome).
I don't doubt the possibility that the proverbial excrement will hit the air mover, and Real Soon Now, I doubt that the progression will proceed according to any "rational" analysis, or at least one that does not take into account the Machiavellian extreme.
