The sleeping dragon that is the economy of the mighty Empire of China, has not always been asleep. In fact just two hundred or so years ago, China was a world economic superpower. The British used their naval superiority to push back against the dragon for a while though. Britain forced opium onto the dragon and lulled it into a slumber for some decades, even claiming the treasure of Hong Kong, jewel of the Empire. But the dragon is rising once again...possibly a lot faster than we realize.
One Belt, One Road
In an ambitious project to link up the trade routes of the world, China has its One Belt, One Road in place and it includes having just leased the deep port city of Gwadar from Pakistan, 120 km from the Iranian border, for the next 43 years, until 2059. China is moving in half a million Chinese nationals, has already built a military base, and now has a strategic shipping supply hub right in the Arabian Sea, just a short distance from Iran and all the oil it requires. This is a new kind of colonialism taking place before our eyes. If the British could do it with Hong Kong, I guess the Chinese have the same right. At least they’re doing it diplomatically and as a business deal.
China is making big geo-political moves, and they move fast for a big Empire. Not only will they have access to liquefied natural gas, but also rich mineral resources lying untapped in that region of Pakistan. Remember China is the power behind the massive BRICS group of nations, as well as the Shanghai Co-operation Organization, the Asian collective of economic partners.
Now with this added strategic port so close to the Middle East, they are also surrounding India more than ever, who has been at loggerheads with them before.
The world is splitting into two opposing sides for WW III
In the current splitting of the world politically, for the big showdown of the Empires, China is joined by Russia, Iran, Turkey, Philippines, Malaysia and even South Korea potentially. While on the other hand we have USA, Japan and India, with the EU, etc. This is the big split occurring presently.
WW III has already started. It is a cyber war, and everyone is being hit. It just depends on who gets hit the least. What we are seeing is the weaponising of the electrical grid of various nations. In other words, because the power grid of most countries is online and run on computers nowadays, hackers are planting malware viruses back and forth in national power supplies. This is the current war between China, Russia and the West.
In 2015 already Ukraine’s power grid went offline intermittently for almost a month, and in 2017 the USA had three of their biggest cities – San Francisco, LA and NY - all get hit with blackouts simultaneously. Even recently there have been blackouts in Brooklyn and Manhattan. And that is where Wall St. is located. Apparently Iran and North Korea are known sources for malware targeting other county’s computers. This is already going on. Venezuela’s President Maduro just recently announced that the nation is under cyber electric attack. Two hydro-electric dams were hit simultaneously, affecting power for almost a month. This could apparently be considered one of the most successful cyber attacks on a sovereign nation ever.
Trump has recently announced that he plans to attack the Russian electrical grid, it is alleged. Russia is, of course, backing Venezuela (who owe Russia and China big loans), as well as Syria and Iran. So the war between the two opposing sides is under way as the global dollar hegemony slowly declines. This proxy war on the electrical grids of nations is actually pushing some, including America, to consider going back to the old analogue system that was around before computers. The current system, run via the internet, is just too vulnerable.
Maybe all of this is why President Trump suspended billions of dollars of security aid to Pakistan at the star of this year. Pakistan is also helping to build Chinese military jets, clearly showing its allegiance to the new rising dragon rather than the dwindling American eagle.
Hong Kong busy erupting
Caught in the middle of all this is Honk Kong, once part of the west while geographically stuck in the East. Apparently the current Honk Kong street protest action is the worst in 20 years, with goups fighting each other. The new rise for independence is stronger than ever since the mainland began cracking down somewhat. China will never give up HK. Locals are seen to be raising the old Union Jack in places, in absurdly vain attempts to bring back the old Empire. Overall it doesn’t look good globally or locally in HK where wealthier people, of the elite are simply starting to leave and go to places like Singapore, another wealth hub of Asia.
Trade wars are here to stay
And this is not going to go away. The trade war between the superpowers at present will carry on for decades, and it will aid in the collapse of the world economy in the coming financial crash and recession. So choose your sides now guys, while you still can because the showdown is coming to a town near you in the coming months. And it could get messy. Smart money is moving out of the dollar and into gold, even the Chinese Yuan, some say the Swiss Frank, or even the Euro, though that will be a joke. Ultimately it’s Bitcoin which is the other hedge.. If we see China becoming more friendly towards Bitcoin, that could certainly bring it into the center stage of the currency wars as they biol over in coming years. Who is your money on? Does the old Empire stand much chance against the rising dragon of the East? Or is this the swan song for the petro-dollar, whose era of domination lasted only between the two world wars, the second and the third?
