World War III Has Already Been Lost and the Chinese Are In the Process of Occupying Amerika (Part Two)
Dave Hodges
May 6, 2014
The Common Sense Show
In order to keep its head about water for just one more day, the Federal Reserve has now permitted Chinese-controlled banks to take stakes in US banks. This is a nefarious invasion of the U.S. economy. Subsequently, we have witnessed a major shift in the percentage of the U.S. debt owned by Chinese vs. the Federal Reserve. This is the beginning of the end for the dollar, the U.S. economy, your standard of living, your assets, your freedoms and for many of you, your very lives.
China Owns the Federal Reserve and Here’s How It Happened
At the end of January 2009, the month President Barack Obama was first inaugurated, Communist China owned $744.2 billion in U.S. government debt and the Fed owned $475.129 billion. In May of 2012, the Federal Reserve has approved applications by three big Chinese government-controlled banks to set up branches and take stakes in US banks after deciding they were adequately regulated in their home market.
The Chinese ownership of U.S. debt, compared to the Federal Reserve, appears to be unchanged in 2014. However, the Chinese are slowly but surely acquiring the Federal Reserve and thus, are acquiring a greater amount of U.S. government debt. Therefore, much of the debt owned by the Federal Reserve, is now owned by the Chinese and their new partners consisting of two large Spanish banks, a German bank and the Chinese. The complete Chinese takeover of our economy is silent but undeniably insidious. It would be appropriate to think of this development as the United States government doing a debt consolidation of all its treasury bonds because it can no longer pay or service the debt and the Chinese and their partners are acquiring the assets of America for pennies on the dollar. It will soon be announced that China is in the process of purchasing major Western banks (e.g. Bank of America, Wells Fargo) and physical assets. These banks make up the majority owners of the Federal Reserve. By purchasing these banks as distressed properties, the Chinese, will in effect, have purchased the Federal Reserve because these banks own the Federal Reserve. surabachiFor the naysayers that will write to me and say there is no way that this will ever take place, I will respond by telling you that you are a day late and a “distressed dollar” short with your anxiety over the future of the American economy.
Late last year, China purchased the JP Morgan building in Manhattan for $725 million. This was a symbolic move like planting the U.S. flag on top of Iwo Jima’s Mount Surabachi during the famous WW II battle. This signified that the Chinese have laid claim to all assets in the United States. One might reason that the Chinese have in fact purchased all of JP Morgan. When this happens in earnest, it will come in the midst of a dollar devaluation and we are only months away from this happening.
The Death of Our Asset Holdings
The Rest…HERE
