Am watching my favorite program AgDay. China just ordered 2.5 million metric tuns of soybeans and farmers are extremely happy. All due to the presidents new trade deal with China.
Canada, Mexico and now China. Next President Trump will real in the EU. All because he stood up to the bad trade agreements made by Clinton, Bush and Obama, yet the democrat's relentlessly denounce his advances. The big question they won't answer is why? Why do the democrat's want to maintain trade agreements that rob America and only benefit other countries and undermining our economy?
I agree with most of the above, but there is a much bigger problem facing the financial world. >
Our GDP number much like the rest of the world, especially China represents prosperity made possible by debt. As long as the creation of debt is measured in the production of GDP, there is no real economic progress in the USA. Our big problem in that the US$ is the reserve currency.
China has a plan to let the US$ reserve currency build cities to nowhere. They are building massive vertical food growing buildings to nowhere. They are building up a massive military system with the help of the US$'s reserve status.
I hate Trump, but he is the best we got. Everything out there is even worse then Trump. When he said, we are building up China, it is a little to late to say that. We already have. 70% of our imports from China is produced by multinational western corporations. We blame China for what our very own multi corporations are doing in China.
What is coming = > Just look at the Chinese 10 year plan. Their long term plan =
1. Pile up the dollar denominated debt to the west as far as it will go and then default. To me it is a very smart move on their part for that will bankrupt the US$'s reserve status.
2. Force the rural population into the new build big cities in nowhere and force those people to work in the vertical agriculture buildings in nowhere cities already in place.
3. Use gold as trade money without ever having to move it. I very much like this idea. In this way gold becomes a trade currency as a unit of account only in that that is all it is. It will serve as a unit of account for barter. I just love what China did with the latest soybean deal. When you look at the deal it is a barter transaction. Very smart on their part.
Our problem is simply this, our banksters own our government and us, lock stock and barrel. They create credit out of thin air, lend it to us as an IOU and we have to pay it out of our earnings. Our currency has become IOU's, where old IOU's are paid with new and more IOU's. In this way, no dollars can enter into circulation in debt free form. That is our problem. We have the same problem Rome had. The whole world has it, but China has a 10 year to use this money scam scheme for all is worth, and then replace it. We don't, but we can on the individual level.