Tom Iceland's Blog - Posts Tagged "china"
Economic Update April 2020
The global central banks controlled by the socialist alliance have intensified the financial markets’ collapse: The volatile economic trends started in March 2020 when the unsustainable market peaks succumbed to the distress from the coronavirus pandemic and OPEC-Russia oil price war in the first quarter. As the financial markets collapsed the Federal Reserve (Fed) was impotent to do much about it, yet took panicked actions ( i.e. ZIRP, $700 billion QE) that at first intensified the sell-off for most of March, then turned into a mini-rally in April when the Fed announced that, in addition to overnight money markets, it will bail out the major debt markets (i.e. high-yield “junk”, municipal and investment grade bonds).
The erroneous actions taken by the Fed, in concert with other major global central banks, are only compounding the unsustainability of the financial markets that will correct sharply when the first quarter earnings season brings its expected dismal outlook for the remainder of 2020.
The erroneous actions taken by the Fed, in concert with other major global central banks, are only compounding the unsustainability of the financial markets that will correct sharply when the first quarter earnings season brings its expected dismal outlook for the remainder of 2020.
The Strategic Implementation of Communist Theory& Practice
Let it be stated that the socialists’ “new normal” has been strategically implemented by the Global Socialist Alliance to purposely shut down and weaken the United States as well as its Western allies. Communist theory & practice specifically states that a governmental system must be completely destroyed, then replaced with a “vanguard elite” socialist order to advance global socialism’s primary objective, which is to extinct Western civilization’s democratically elected governments. To accomplish this end, socialists infuse conflict and hardship into Western society, employed to divide Western nations and collapse their free election process. They exploit the peoples’ distress, hoping they will become disillusioned with democracy and surrender, enabling the socialists to establish autocratic rule.
Thus far in 2020 the socialist strategy has been executed quite effectively starting with communist China’s blatant mishandling of the coronavirus epidemic that has killed nearly 300,000 people and brought world trade & commerce to a complete halt this spring. In December of 2019 China’s leadership said nothing about the disease spreading rapidly from its epicenter in Wuhan, then misled the World Health Organization as it infected the world, even obstructing America’s early efforts to coordinate with them to prevent the pandemic’s rapid global spread.
Before the coronavirus assault, America’s economy was growing solidly with record low unemployment, rising wages and measurable productivity gains, but the virus brought this prosperity to an end, causing a sharp economic decline that has unemployed 33+ million Americans, as well as millions throughout the world.
While the infections and fatalities multiplied worldwide, the Chinese Communist Party brashly accused the United States military of planting the virus during the 2019 Military World Games held in Wuhan during the fall. What is worse is that the pandemic’s damage has caused conflict and division in the United States with accusations of an inept government response, coming primarily from the polarized media and elitist government activists.
For the leadership of the Chinese Communist Party, their strategic assault is succeeding with the ultimate goal of disrupting America’s 2020 presidential election on November 3, hoping a more pro-China government will be put in place that caves to their deceptive global bullying tactics. To this end, several of America’s state-level bureaucratic elites appear all too willing to assist China, already cancelling spring primary votes in several U.S. states while they intensify Americans’ suffering by extending lockdowns, arresting innocent people and showing no urgency to reopen the economy. Much of the media and certain government officials are even indicating that November’s elections should be cancelled all together or all mail-in ballots, opening a pandora’s box for rampant fraud.
Thus far in 2020 the socialist strategy has been executed quite effectively starting with communist China’s blatant mishandling of the coronavirus epidemic that has killed nearly 300,000 people and brought world trade & commerce to a complete halt this spring. In December of 2019 China’s leadership said nothing about the disease spreading rapidly from its epicenter in Wuhan, then misled the World Health Organization as it infected the world, even obstructing America’s early efforts to coordinate with them to prevent the pandemic’s rapid global spread.
Before the coronavirus assault, America’s economy was growing solidly with record low unemployment, rising wages and measurable productivity gains, but the virus brought this prosperity to an end, causing a sharp economic decline that has unemployed 33+ million Americans, as well as millions throughout the world.
While the infections and fatalities multiplied worldwide, the Chinese Communist Party brashly accused the United States military of planting the virus during the 2019 Military World Games held in Wuhan during the fall. What is worse is that the pandemic’s damage has caused conflict and division in the United States with accusations of an inept government response, coming primarily from the polarized media and elitist government activists.
For the leadership of the Chinese Communist Party, their strategic assault is succeeding with the ultimate goal of disrupting America’s 2020 presidential election on November 3, hoping a more pro-China government will be put in place that caves to their deceptive global bullying tactics. To this end, several of America’s state-level bureaucratic elites appear all too willing to assist China, already cancelling spring primary votes in several U.S. states while they intensify Americans’ suffering by extending lockdowns, arresting innocent people and showing no urgency to reopen the economy. Much of the media and certain government officials are even indicating that November’s elections should be cancelled all together or all mail-in ballots, opening a pandora’s box for rampant fraud.
Communism Returns: Prediction is Sadly coming True!
When drafting the ending paragraph of my book, Communism Returns, in July of 2019, I had little idea it would be happening in America as soon as this first week of June 2020. See excerpt page 215 below:
“It will be outright war between the CSC’s fascist type socialism and the bureaucratic elite’s synthesized Maoist-Marxist-Leninist communism. Both schools will use the common men and women serfs that they’ve enslaved as collateral in their sophist war, not unlike Hitler and Stalin did in the Second World War or Mao in his disastrous Great Leap and Cultural Revolution campaigns. In fact Xi Jinping, China’s new lifetime leader, and Putin’s Marxist-Leninist coalition with Castro’s Cuba are counting on such a civil war to collapse the Western world and its free democratic values once and for all.”
With the coronavirus, lockdowns and incompetence of America’s bureaucratic elites, the Global Socialist Alliance has unfortunately succeeded in stoking nationwide riots throughout America’s cities after the death of George Floyd in Minneapolis. What America is seeing now is the socialists’ battle lines being drawn between the corporate socialists (CSC) and bureaucratic elite of the “deep state.” The Marxist-Leninist doctrine advocates the use of “armed violence and terror to break existing structures of civil government.” This includes the rioting and looting that is being oppressed upon the common citizens of America’s mega-cities today.
What has been surprising is that the financial markets are thus far holding up, having rebounded measurably in May from the coronavirus’ economic shock. The markets, already distorted by the Fed’s perpetual intervention, are likely to correct sharply by late summer once the second quarter’s dismal corporate earnings results and outlook are released come mid-July.
“It will be outright war between the CSC’s fascist type socialism and the bureaucratic elite’s synthesized Maoist-Marxist-Leninist communism. Both schools will use the common men and women serfs that they’ve enslaved as collateral in their sophist war, not unlike Hitler and Stalin did in the Second World War or Mao in his disastrous Great Leap and Cultural Revolution campaigns. In fact Xi Jinping, China’s new lifetime leader, and Putin’s Marxist-Leninist coalition with Castro’s Cuba are counting on such a civil war to collapse the Western world and its free democratic values once and for all.”
With the coronavirus, lockdowns and incompetence of America’s bureaucratic elites, the Global Socialist Alliance has unfortunately succeeded in stoking nationwide riots throughout America’s cities after the death of George Floyd in Minneapolis. What America is seeing now is the socialists’ battle lines being drawn between the corporate socialists (CSC) and bureaucratic elite of the “deep state.” The Marxist-Leninist doctrine advocates the use of “armed violence and terror to break existing structures of civil government.” This includes the rioting and looting that is being oppressed upon the common citizens of America’s mega-cities today.
What has been surprising is that the financial markets are thus far holding up, having rebounded measurably in May from the coronavirus’ economic shock. The markets, already distorted by the Fed’s perpetual intervention, are likely to correct sharply by late summer once the second quarter’s dismal corporate earnings results and outlook are released come mid-July.
Sell-Off in the Financial Markets Expose the Technology Oligarch’s 2020 End-Game
With all the upheaval surrounding America’s 2020 election year there is plenty of good news on the economic front with signs of a robust recovery from the coronavirus shutdown. Job hiring, consumer spending and manufacturing & production have all posted healthy gains since June and are forecast to pick up momentum through the remainder of the year. So, what could disrupt the positive trend? A lot and it is all on the financial and political fronts.
As my June and August blogs forecasted a correction in the financial markets ensued in the days proceeding the Labor Day holiday, led by a heavy sell-off in technology stocks even though they had carried the S&P 500 (3,581) and Nasdaq (12,056) to historical highs on September 2, 2020. This peak and sell dynamic all happened after the central bankers’ Jackson Hole symposium on August 27, 2020, held virtually this year. Expect more market volatility surrounding the Federal Reserve’s meeting on September 16 as Silicon Valley’s Technology Oligarchs and the monolithic media flex their political influence over the November 3rd election.
Facebook, Google, Microsoft and other technology giants have quite conspicuously shown allegiance with communist China over the best interests of America. While not specifically stated, their actions have all but declared opposition to President Trump’s America First platform that is reshaping America’s domestic economy away from dependence on China. They are running disinformation campaigns that clearly challenge Trump’s successes (i.e. economic rebound, foreign policy, trade deals, etc.) while funding Washington’s established special interests that have been selling-out the American working class for over 25 years.
The Technology Oligarchs ((i.e. Mark Zuckerberg, Sundar Pichai, Bill Gates and more) are heavily allied with the socialist Left that is stoking non-stop civil unrest in America’s cities, using Antifa and Black Lives Matter (BLM ) thugs to harass peaceful citizens dining at restaurants in Rochester (NY), Pittsburgh(PA) and Denver (CO) over the Labor Day weekend, physically assaulting the elderly and disabled. The Left’s disruptions are revealing a pattern of targeting America’s small business owners who are struggling to stay open as they recovery from the coronavirus shock. The appeasing mayors and governors of the cities and states being destroyed by the rioting show little concern for their citizens’ welfare, having embraced the Left’s agenda while, quite bewilderingly, casting blame for the Antifa-BLM violence on President Trump.
Hence, America has entered the final stretch into this November’s election with what is becoming a choice between Trump’s traditional American exceptionalism and the Democratic party’s hardline socialist platform camouflaged in figurehead Joe Biden. With no apparent concern for the consequences, the Democrats’ established leadership is already defiantly voicing that they will in no way accept the November 3rd election results should Trump win.
If anything is evident on America’s political stage this year, it is that the Democrats are in a civil war that is spreading belligerently into greater America. The energized radical socialist faction led by Bernie Sanders, Alexandria Ocasio-Cortez (AOC) and Elizabeth Warren is purging moderate centrist voices in the party such as congressmen Collin Peterson and Dan Lipinski, the latter who lost his primary on March 18, 2020. The aggression bares stark similarities to the dangerous socialist campaigns of Hitler’s Nazis in inter-war Germany and Lenin’s Bolshevik Revolution in 1917 that led to the Russian Civil War and deadly Red Terror.
This brings forth the 2020 end-game goals of the socialist Left and Technology Oligarchs who are calling for a New World Order (NWO) with what’s looking to be a one-world, global socialist government controlled by Central Bankers, Technology Oligarchs and Bureaucratic Elite of the government class that appease not just the Left’s domestic terrorism, but also bully nations like Xi’s China, Putin’s Russia and Castro’s communist Cuba. This heavily socialist NWO would no doubt bring a second American civil war, destroy the Western world’s exceptional prosperity and be globally disastrous to humanity, evidenced by socialism’s 20th century history of killing over 140 million people.
With that, there is a lot that could happen on the economic front this fall after the Fed’s September 16 meeting-the last before the November election-so we need to be vigilant to protect our finances and stay safe. Please enjoy the fall season this year and look for my next blog update after the Federal Reserve’s September meeting minutes are released on October 7.
As my June and August blogs forecasted a correction in the financial markets ensued in the days proceeding the Labor Day holiday, led by a heavy sell-off in technology stocks even though they had carried the S&P 500 (3,581) and Nasdaq (12,056) to historical highs on September 2, 2020. This peak and sell dynamic all happened after the central bankers’ Jackson Hole symposium on August 27, 2020, held virtually this year. Expect more market volatility surrounding the Federal Reserve’s meeting on September 16 as Silicon Valley’s Technology Oligarchs and the monolithic media flex their political influence over the November 3rd election.
Facebook, Google, Microsoft and other technology giants have quite conspicuously shown allegiance with communist China over the best interests of America. While not specifically stated, their actions have all but declared opposition to President Trump’s America First platform that is reshaping America’s domestic economy away from dependence on China. They are running disinformation campaigns that clearly challenge Trump’s successes (i.e. economic rebound, foreign policy, trade deals, etc.) while funding Washington’s established special interests that have been selling-out the American working class for over 25 years.
The Technology Oligarchs ((i.e. Mark Zuckerberg, Sundar Pichai, Bill Gates and more) are heavily allied with the socialist Left that is stoking non-stop civil unrest in America’s cities, using Antifa and Black Lives Matter (BLM ) thugs to harass peaceful citizens dining at restaurants in Rochester (NY), Pittsburgh(PA) and Denver (CO) over the Labor Day weekend, physically assaulting the elderly and disabled. The Left’s disruptions are revealing a pattern of targeting America’s small business owners who are struggling to stay open as they recovery from the coronavirus shock. The appeasing mayors and governors of the cities and states being destroyed by the rioting show little concern for their citizens’ welfare, having embraced the Left’s agenda while, quite bewilderingly, casting blame for the Antifa-BLM violence on President Trump.
Hence, America has entered the final stretch into this November’s election with what is becoming a choice between Trump’s traditional American exceptionalism and the Democratic party’s hardline socialist platform camouflaged in figurehead Joe Biden. With no apparent concern for the consequences, the Democrats’ established leadership is already defiantly voicing that they will in no way accept the November 3rd election results should Trump win.
If anything is evident on America’s political stage this year, it is that the Democrats are in a civil war that is spreading belligerently into greater America. The energized radical socialist faction led by Bernie Sanders, Alexandria Ocasio-Cortez (AOC) and Elizabeth Warren is purging moderate centrist voices in the party such as congressmen Collin Peterson and Dan Lipinski, the latter who lost his primary on March 18, 2020. The aggression bares stark similarities to the dangerous socialist campaigns of Hitler’s Nazis in inter-war Germany and Lenin’s Bolshevik Revolution in 1917 that led to the Russian Civil War and deadly Red Terror.
This brings forth the 2020 end-game goals of the socialist Left and Technology Oligarchs who are calling for a New World Order (NWO) with what’s looking to be a one-world, global socialist government controlled by Central Bankers, Technology Oligarchs and Bureaucratic Elite of the government class that appease not just the Left’s domestic terrorism, but also bully nations like Xi’s China, Putin’s Russia and Castro’s communist Cuba. This heavily socialist NWO would no doubt bring a second American civil war, destroy the Western world’s exceptional prosperity and be globally disastrous to humanity, evidenced by socialism’s 20th century history of killing over 140 million people.
With that, there is a lot that could happen on the economic front this fall after the Fed’s September 16 meeting-the last before the November election-so we need to be vigilant to protect our finances and stay safe. Please enjoy the fall season this year and look for my next blog update after the Federal Reserve’s September meeting minutes are released on October 7.
