Economic War With China?

The reason we are losing the economic war with China goes back to Democrats and the Clinton Administration back in the 90s. The 90s really set the “free trade” framework which was responsible for the loss of America’s manufacturing sector.

Republicans under President Bush continued the “free trade” policies of the 90s which culminated in the acceptance of China into the World Trade Organization. It was payoffs, bribes, and corruption at the highest levels of government that allowed a communist country like China into the WTO.

President Obama continued the corrupt policies of his predecessors because he was bought and paid for by special interest groups that supported offshoring and outsourcing.

China successfully paid off the mainstream media inside the U.S. which completely ignored and blocked stories about the destruction of the U.S. manufacturing sector. Both Republicans and Democrats gave China “most favored nation” trading status while enriching themselves through outsourcing and offshoring. The Establishment mainstream media inside the U.S. did not serve the interests of the average American. Instead, the mainstream media corporate oligopoly manufactured its own version of reality that completely hid the fact that both Republicans and Democrats sold off vast swaths of our economy to the Chinese and Mexico and hid it under the guise of “free trade”. I published an article explaining how Adam Smith’s and David Ricardo’s “free trade” has been perverted here.

Max and Stacy of the Keiser Report discuss how the U.S. is in an economic war with China and that we are losing badly.

America’s manufacturing capacity went over to China and so we had a Rust Belt that voted for President Trump.

But when did this actually become an issue in the U.S.? This become an issue in America when Hollywood found out that China was playing their movies over there and they weren’t getting their money so suddenly it’s a trade war because Warner Brothers didn’t get their check this month from China.

But the Rust Belt got eviscerated as millions of Americans lost good paying manufacturing jobs to China and little was reported in the media for over a decade.

The poor people produced as the result of outsourcing to China mattered little to the corporate controlled media. It wasn’t until their own corporate profits were impacted that they began running critical stories on China.

Source: Keiser Report YouTube

The most important movie to watch about the economic war with China is Death By China: How America Lost Its Manufacturing Base. The movie was produced by my economics teacher Peter Navarro. Peter Navarro is also President Trumps chief trade advisor. Every American needs to watch this movie because you can’t rely on the mainstream media to report this:

Source: Death By China YouTube

Scaramucci Wall Street Axe As Crackdown On Obama Leftovers Begins

Scaramucci is one tough dude brought in as the axe to purge Obama leftovers from positions of power who are hell-bent on leaking information to the press in an attempt to discredit and derail the Trump agenda.

I called for a purging of Obama leftovers from deep-state positions months ago. President Trump acted really gullible IMO. I’m so tired of watching these amateur newbies like Trump who get elected to office and then are in some serotonin fantasy of everyone holding hands and singing kumbaya and just all getting along. It’s a stupid fantasy that I called out Trump on months ago.

Finally, President Trump seems to have learned the lesson through the school of hard knocks that he needs to purge the White House and all government offices of Obama leftovers that are trying their best to sabotage his agenda.

These Obama leftovers are some sick people with communist and socialist agendas. They have high levels of security clearance and can record telephone conversations and release those conversations to Democrat controlled mainstream media groups. They are waging a silent coup against the President using the full power of the deep-state.

The President brought in the axe Scaramucci who may even recommend the firing of Reince Priebus and any other Republican Establishment dude that’s not fully on-board with the President.

Scaramucci is carrying the full-anger of the President with him and that was put on display when he said he wanted to “kill” the leakers who are trying to sabotage the President’s America first agenda.

Scaramucci called in to CNN and really laid out what is going on with the leaks and how emotionally attached he is to solving the problem:

Sean Hannity of Fox News did this interview with Scaramucci a.k.a “the axe” and the purge that’s coming to the White House and government:

I don’t think traders and the stock market care too much about leaks. This is more of a national security issue than it is a stock market issue. We are seeing a delay of the President’s agenda as a result of saboteurs inside the deep-state which is likely resulting in the drop of the US dollar. However the market has mostly shrugged off Trump agenda delays believing that eventually the President will get control of the situation. I think that’s what Scaramucci represents for stock traders: President Trump regaining control of the situation.

Do you have any thoughts on Scaramucci? Leave your comments below.

Trump Claiming Victory For Stock Market Is Actually a Bad Thing

Folks as traders we know better than anyone else that President Trump’s election has been great for the stock market. The problem is that President Trump has cited how the stock market has gone up by $3 trillion in value since his election. This has put a great big target on the stock market.

Powerful elites and crony capitalist CEO’s like Elon Musk that control a lot of money, now have a blueprint for how to take-down President Trump: take down the stock market.

President Trump only has a handful of Trump appointed officials working in government agencies. Most of the people working in government positions in the FBI, NSA, Department of Justice, are President Obama leftovers. This has created a dangerous situation of people who are not loyal to President Trump attempting to discredit and overthrow his administration at every chance they get.

We’ve already have had Michael Flynn spied on by the government and then that information was leaked to the mainstream media to discredit Michael Flynn and force him to resign. We’ve had the Obama Administration using the government to wiretap and spy on its political enemies in an attempt to discredit them. Now it seems like Flynn was told by establishment implants inside the White House that President Trump wanted him to resign when it turns out that President Trump never asked Michael Flynn to resign and he didn’t even know about Flynn’s resignation until after it happened!

President Trump needs to get his people in and the Obama traitors that are trying to sabotage his government out.

Folks the election of President Trump is not the end. It’s only the beginning. We are in a war with the globalist elite who want open borders, illegal immigration, and NAFTA and TPP like agreements at the expense of US workers.

People inside of the government are attempting a soft-coup inside the US. At some point the globalists will be using their immense wealth to take down the stock market. Now that President Trump is touting stock market behavior as a success, they will target the stock market to snatch that success away from President Trump. I wouldn’t be surprised to see a company like Citadel “hacked” which results in a flash crash of the stock market to get the selling started.

President Trump has to get his people in government and Obama’s globalist folks out. This now should be Trump’s #1 priority. President Trump needs his people that he trusts in as many positions as possible.

BREAKING: Is A Coup Against President Trump Taking Place?

Folks a coup against President Trump could be taking place. Rogue elements within the US government wire-tapped then candidate Trump’s phones inside the Trump Tower.

Rogue elements inside the US government are log jamming and taking actions to undermine President Trump at every turn. I think we have enough evidence now to show a trend of a criminal bureaucracy, backed by elites, attempting to basically stage a silent-coup against President Trump.

For example, did you know that President Trump eliminated the ObamaCare penalty of penalizing employers and individuals $5,000 per employee for not getting ObamaCare? The mainstream media won’t even be honest enough to report that. The news won’t even report that the ObamaCare penalty is gone. That’s how corrupt the media is folks.

Fox News is part of the corrupt mainstream media and don’t fool yourself and think otherwise. Chris Wallace did a hit piece on President Trump basically accusing the President of lying on Twitter about how his phones were tapped. Chris Wallace left out the fact that two separate sources with links to the counter-intelligence community confirmed to Heat Street that the FBI sought, and was granted, a FISA court warrant in October. Wham! It’s over. If a FISA court warrant was granted last October 2016 to tap then candidate Trump’s computer and phone lines inside Trump Tower, then President Trump is correct in his tweet that his phones were in fact tapped by the Obama Administration! Yet mainstream media talking heads like Chris Wallace ignore this solid proof of President Trump’s claims and instead run the story that there’s no proof of what he’s claiming in his tweet.

Folks, in the Alex Jones show below, Alex focuses on this issue and others and talks about the silent-coup people inside the US government are attempting against President Trump. If they are successful at ousting President Trump, I expect a major stock market crash to take place.

Ron Paul Continues To Say Economic Collapse Imminent In 2017 – 2018

Ron Paul continues to forecast a collapse of the US economy even in light of the election of President Trump.

Ron Paul said that Federal Reserve policy has set the country up for economic collapse, and though the central bank has been very creative in making the impossible work, and putting off financial disaster, nothing can hold back the flood forever.

Ron Paul thinks that Donald Trump will be blamed for the next financial crisis that he didn’t cause. Just like everyone blamed Obama for the financial collapse in 2009, this time, Trump will unfairly get the blame.

Ron Paul focuses on the Federal Reserve as the ultimate demon but what about his own actions and those of his fellow congressmen who passed horrible trade deals which ultimately lost millions of jobs to China. An argument could be made that the reason the Federal Reserve had to do what it did was because in 2001, China was accepted into the WTO.

Ron Paul thinks that an economic crisis is unavoidable, and even Donald Trump can’t stop it.

I think Ron Paul has gotten way too bearish in his old age, which is common with a lot of people. Try to resist getting more negative as you age folks. I’ve seen many good traders crash and lose everything because they became too negative with age. Nevertheless, I think it’s important that we hear the best arguments that perma-bears can put forth because eventually, at some point when the yield curve flattens and goes inverted, we will have the next Bear market.

China Seeking To Buy US Stock Market In Huge Proof Of Corruption

The Committee on Foreign Investment in the United States (CFIUS) just did the unthinkable last week by deciding there are “no unresolved national security concerns” over the deal to sell the 134-year-old Chicago Stock Exchange to the Chinese.

Every common red-blooded American knows that selling the Chicago Stock Exchange to the Chinese represents the largest national security threat to the US in the last decade. It’s unthinkable that a communist country who is ideologically opposed to freedom and Democracy and who just last week seized an American underwater drone in neutral international waters would be approved by the US government to purchase the Chicago Stock Exchange.

China’s military has repeatedly harassed US ships in international waters over the last year.

How Deep Does the Corruption of the US Government By the Chinese Go?

The US government has apparently been infiltrated by Chinese interests. The fact that the Chinese bought influence and power inside the US government was made evident during both Democrat and Republican administrations who sold out US workers by closing some 60,000 manufacturing plants and moving more than 5 million manufacturing jobs to China since 2001.

Since 2001, China has invested more than $70 billion in the US, including more than $15 billion last year alone according to the China General Chamber of Commerce which operates inside the US. ChicagoBusiness writes

Its Chicago chapter, led by Wanxiang America President Pin Ni, attracted some 400 local politicians and executives to its annual Aug. 3 gala to build business ties between the city and China. Chicago power brokers were there in full force with Mayor Rahm Emanuel, his investment banker deputy, Steve Koch, World Business Chicago CEO Jeff Malehorn and former Mayor Richard M. Daley, who consults on Chinese business through Tur Partners, as well as his brother, former U.S. Commerce Secretary Bill Daley.

The Chinese have demonstrated time and time again that they are not America’s friend. How then could the sale of the Chicago Exchange to a communist government that is hostile towards the US not be a national security threat?

What has been clear during both Republican and Democrat administrations is that people inside the US government are for sale and that’s the textbook definition of corruption.

The Committee on Foreign Investment in the United States (CFIUS) should be investigated for corruption by foreign powers. The people that sit on the Committee need to be examined to see if they received large bank deposits or other “favors” from the Chinese.

Who Sits On the Foreign Investment in the United States Committee

Chaired by the United States Secretary of the Treasury, the Foreign Investment in the United States Committee (CFIUS) includes representatives from 16 U.S. departments and agencies, including the Defense, State and Commerce departments, as well as (most recently) the Department of Homeland Security.

As Secretary of State, Clinton was one of nine voting members of CFIUS in 2010 that approved the sale of uranium to the Russians, which was then approved by President Obama. Money then flowed from the Russian-controlled company Uranium One to the Clinton Foundation. The New York Times wrote about the scheme here.

Let The Chicago Exchange Fail

The Chicago Stock Exchange should be allowed to fail if it can not stay competitive in a free market. Selling every struggling American company to the Chinese is how America slowly gets taken over by a foreign power.

Folks whenever you see a US government agency like CFIUS make an irrational decision that sells America out, chances are you will find a money trail that shows influence and corruption amongst that US government agency. Everybody elected or appointed to a government office is trying to get rich, just like we are, and they are willing to make wrong decisions for America, to achieve that end.

A Macroeconomic Analysis of ObamaCare

ObamaCare has created massive shortages within the healthcare sector. In cities, it is common to wait many hours before being seen as hospitals have a shortage of beds. Doctors have stopped taking new patients as they are overwhelmed by the numbers of people coming to see them. Let’s examine what happened from a macroeconomics perspective.

ObamaCare caused more than 35 million people to demand health services. The idea was that when demand for medical services increased, it would shift the demand curve to the right (D1). As more people demanded healthcare services, supply would increase to meet that demand.
Continue reading “A Macroeconomic Analysis of ObamaCare”

Macroeconomics of the OPEC Cartel

All the recent talk of an OPEC deal to push up the price of oil is nonsense. Here is a hypothetical supply and demand chart of oil.
Continue reading “Macroeconomics of the OPEC Cartel”

With So Much Debt In the US Economy, Is It Even Possible To Grow Faster?

The US national debt just broke above $19.5 trillion. Both Democrats and Republicans are to blame, but it is important to note that President Obama and Democrats increased the national debt more than all President’s before combined.
Continue reading “With So Much Debt In the US Economy, Is It Even Possible To Grow Faster?”

Government Spending and the Crowding Out Effect

The velocity of money has hit the lowest level ever recorded as I wrote about here. I believe the crowding out effect is at least partially to blame for the slowdown in the velocity of money.

President Obama has run the national debt up to nearly $20 trillion, more than all President’s before him combined. This expansionary fiscal policy has crowded out private sector investment.
Continue reading “Government Spending and the Crowding Out Effect”