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The federal entity has pledged this land as collateral to China in return for their purchase of our debt. This is how China has financed our profligacy.
As we issue more bonds and currency to pay for our military machine and national instant gratification, our dollars become worth less. China has been buying massive amounts of gold from us, and we've sold it to them to keep the price of gold down to make the dollar look good. But now China wants real assets for their ever-depreciating dollars, and they want more than just gold. This is why they're buying ports, farm land, mines and land for industrial development. That land has to be handed to them via the eminent domain process.
Sure looks that way and the. Add in the material that LIZ has
We have so many threads and so much good material. Need to put on one thread so it can be sent in mass to those who can act upon it.
“China wants real assets for their ever-depreciating dollars, and they want more than just gold. This is why they’re buying ports, farm land, mines and land for industrial development. That land has to be handed to them via the eminent domain process.”
And if we refuse to give them land as collateral, what will the ChiComms do? China, for all its manufacturing, is still an emerging economy. (India will be the No. 1 economy in Asia by 2030 because of demographics.) The ChiComms don’t have the logistical means to attack America. Further, the entire country is being held together by commie duct tape and spitballs.
Most are not following the labor situation in China, but I can tell you that the laborers in the factories are really, really pissed. One wrong step by the ChiComm crony capitalists and the whole country will blow up in their faces.
The ChiComm private equity funds have collapsed. Asian private equity is moving away from China in favor of other emerging economies in SE Asia and India. The central bank is dumping the yuan for hard assets like gold.
I’m interested in your take.
Ah ha. That sums it all up IMHO.