On China

D. Rockefeller has a nice post on China late last night. I bet not too many read it so I re-post here without asking for permission. The only exception from me is "Modern war is not won by the size of the army, but by missiles and technology" as demonstrated in the Middle East wars. The exception to my exception is Vietnam War.

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No mention of China? I follow what the City of London Corporation invests in and they like China. They are the biggest holders of TWN which seems like Taiwan but has companies doing huge business on the mainland. They hold about a third of all those shares-CEF fund. Lazard is the second largest holder. Since I figure London is the center of the world of finance in the Anglo West and the "L" in LIBOR stands for London I figure they must know something? CEF funds seem to be their preference as they pay out better. China seems to be benefitting from most of what goes on globally since the 70's and has the real economy and lower oil prices means they have more money too.

All the I phones, tablets, PC's, game machines, and everything else come from them not the USA. South Korea is also huge and has a surplus like China. China is building the canal down in Nicaragua which we failed to build for 190 years plus two huge port cities, highways, an international airport and all within five years? Impressive if they pull that off. We might be bombing poor people with goats or whatever but those bombs are taxpayer dollars going POOF! China has the largest army and would win any war against anyone now but they don't have to bomb, maintain hundreds of foreign bases, or spend trillions on Defense, they build canals, highways, ports, cities, so you tell me?

Africa is being modernized by the Chinese not us. We're the "saps" and I think Sun Tzu works and we got flushed in Vietnam and we guard the opium fields in Afghanistan with the USMC?(UN says production is up 7% over last year) China only allows casinos in Macao while we stick them everywhere? We sure didn't used to. We are the largest market for illegal and legal drugs however and my neighbor's kid was on heroin?! Wonder how that stuff gets to MN suburbs from Afghanistan and how many Chinese kids are on heroin. I'll bet not many. They have all our corporations like GE with three research parks and numerous operations. GM, HP, etc. and Walmart-it's just a delivery system for Chinese made goods.

I don't "get it" at all. My sister-in-law is Chinese and told me 35 years ago they would dominate the world economy. Well, now I'm a believer but sad. When I grew up in the 50's Detroit, Youngtown ruled and we had manufacturing, trade unions, a middle class and casinos were only in Las Vegas. Funny I never heard of drugs until the mid 60's but they are all over now.

I see the top London bankers investing in China through back door methods and also in the USA in "control businesses" like Pearson Plc. while controlling interest rates globally etc. We get used like world police while the only real unions are the police and they keep saying how "bad" unions are? Propaganda is running deep. Best paying "jobs" in America are in Washington DC but that's funny as they make nothing, don't grow food, but lie and raise our taxes? Oh to pay for bombing poor idiots with goats you could whack cheap with a sword or rifle? My Chevy was assembled by union workers in Canada like my Chrysler using Asian made parts? Then it was imported to the USA. Yup, in Windsor, Ontario right across from bankrupt Detroit?????? We're getting the shaft and lied too by front boys in DC probably paid off by whoever. China has trillions in surpluses, we have trillions in debts so it's real simple and the big boys must have invested with the folks making the real dough or they wouldn't have opened up Communist China and flushed this country.

I think the British empire decided since we fought so hard against them and are a pain in the butt all we were good for is fighting and made us the global police while the Chinese are good hard workers and easier to control they went with the Chinese to make stuff and they sure invest there. I do know they run a global plan and America or any nation state is not in that "plan" although they might get to "vote" for actors they select ahead.

Big illusion going on in America I think and I've been all over the world in my over 60 years and worked for some of these global corporations but I was just technical. Not all bad I guess and the bankers have been working on a global system they would control for decades so I figure invest as much like they do as you can and Visa and Mastercard are good stocks-money globally. I'm in dollars and related dollar based stuff now until oil bottoms-whenever that happens.(it will-it always does