Experts Warn of Chinese Communist Party Retaliatory Actions Against US Including “Pearl Harbor” Magnitude Attack on US Economy

Thursday, June 6, 2019
By Paul Martin

by Jim Hoft
TheGatewayPundit.com
June 6, 2019

Just like the US in 2008, a perfect storm is building in China. The excessive and extravagant construction projects, cash-flow challenges and lack of demand in China all could combine for a major financial disaster. Trump is right – now is the time to make a deal with China.

Over the past few decades, China opened its borders and corporations around the world fled to China due to its cheap capital and meager payroll costs. As a result, China’s economy exploded. Again, from Falling Eagle, Rising Tigers –

“While the US is moving more and more towards a welfare state, China is moving more and more towards prosperity. “Since the launch of economic reform in 1978 more people (in China) have been made materially better off in a shorter span of time than ever before in human history.”

China’s rise out of poverty has been dramatic. For example, considering a consumption threshold of $1 a day using the 1993 Power Purchasing Parities (PPP), the World Bank tracked a reduction of poverty from 652 million Chinese people in 1981 to 135 million in 2004. China’s anti-poverty performance is even remarkable with a standard of $1.25 a day at 2005 PPP. “The numbers in poverty by this measure dropped from 848 million in 1981 to 351 million in 2004. This denotes that there were 517 ($1 standard) or 497 million ($1.25 standard) people who had escaped from absolute poverty during 1981-2004.” A half a billion Chinese citizens have risen out of poverty due to China’s changing policies!

The Chinese were relentless in their efforts to obtain Western technology and grow their economy. They set up trade barriers and manipulated their currency in ways that helped China. The US was at a disadvantage in trade resulting in massive deficits in the billions.

Along comes the Trump Administration, the first administration to address China’s unfair trade advantage. These efforts by the Trump team to bring China to the table to address trade inequalities involving the US may result in slowing down the China economy. The timing of these barriers is not good for China as there are more pressing issues that must be addressed. President Trump is a shrewd negotiator and he obviously believes now is the time to encourage China to make changes to their trade barriers with the US. China may have no choice but to go with what the US offers to keep its economy afloat.

China’s financial crash may make the 2008 crash in the US look small. The implications will no doubt impact the entire world. This is why China can’t afford to mess around with President Trump and must put together a treaty as soon as possible.

Which brings us to today.

The SinoInsider released a report on Thursday warning the Chinese Communist Party could use conventional and “unrestricted warfare” strategies and tactics against the United States.

The Chinese government is facing an enormous amount of pressure growing pressures including: a rapidly deteriorating economy; a food crisis brought about by corruption, disease (swine fever, bird flu, etc.), and pests (fall armyworm) and increasing social unrest across China.

The Rest…HERE

2 Responses to “Experts Warn of Chinese Communist Party Retaliatory Actions Against US Including “Pearl Harbor” Magnitude Attack on US Economy”

  1. […] Experts Warn of Chinese Communist Party Retaliatory Actions Against US Including “Pearl Harbor… More from All PostsMore posts in All Posts […]

    #3957550
  2. […] Experts Warn of Chinese Communist Party Retaliatory Actions Against US Including “Pearl Harbor… (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || […]

    #3957555

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter