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Thursday 29 February 2024

China zooms ahead in space race - Advancement of China’s space programme is serving as a wake-up call for the US

;China Just Won the Space Race Against America...NASA is in Shock!

China Space Station Tian Gong is now complete and China is in a position to dominate the future of space and replace America as the number one space nation in the world. But how did this happen? How did China become a supreme space nation? Let's break it down

A staff member stands before a Long March-2F carrier rocket, carrying the Shenzhou-17 spacecraft, on the launch pad encased in a shield at the Jiuquan Satellite Launch Centre in the Gobi desert in northwest China on Oct. 25, 2023. — AFP

SHORTLY after New Year’s Day in 2019, China landed an unmanned spacecraft on the far side of the moon, where no mission had gone before. United States intelligence officials say they did so quietly, taking their time to verify the rover had landed in one piece and protecting themselves from embarrassment. Hours passed before Beijing announced its historic achievement to the world.

The landing was a wake-up call in Washington. China’s space program was advancing with unexpected speed. Beijing would soon assemble in record time a space station orbiting Earth, catching US officials off guard once again.

US intelligence officials acknowledge that China’s sudden advances had surprised them. They are no longer surprised. The intelligence community now assesses with confidence that China is poised to succeed in landing humans on the moon and constructing a permanent base camp at the lunar south pole by the end of this decade, four intelligence officials said, just as American space agency Nasa has fallen behind its own deadlines to achieve similar milestones.

It is the first time intelligence officials have publicly detailed their concerns that China may win the race to return people to the moon and establish a lunar outpost – an achievement that could set back US plans for human space travel for decades to come.

“It wasn’t too long ago that China said they were intending to land by 2035. So that date keeps getting closer and closer,” Nasa administrator Bill Nelson said in an interview. “I take it very seriously that China, in fact, is in a headlong race to get to the moon.”

Neither country plans to stop at the moon. Both see it as a training ground for missions to Mars in the 2030s, vying to make history by sending humans deep into space and landing them for the first time on another planet.

“Before, it was more of an afterthought – China was nowhere to be seen,” one US intelligence official said, speaking on the condition of anonymity to discuss sensitive intelligence matters. “Today, China gets the lion’s share of intelligence attention.”

A second US intelligence official said “space is very evident to China as a place they need to counter US power.”

“They don’t want to be the space power of the 2020s,” the official added. “They want to be the space power of the 21st century, the way we were in the 20th.”

More than half a century after the US put men on the moon, a space race is on for the new millennium. The first great competition of world powers since the end of the Cold War is spurring a new era of exploration that could send humans on missions far beyond those of the Apollo program 50 years ago.

But if the original space race with the Soviet Union was a sprint, this new competition with China is going to be a marathon.

“The United States will continue to lead the world,” Vice President Kamala Harris, who also serves as director of the National Space Council, said in a statement. “Our unrivaled network of allies and partners will power our deep space exploration, inspire the next generation of explorers, and will ensure that advancements in space benefit all of humanity.”

At Nasa, all of these goals are linked, forming a “ Moon to Mars Architecture” that is breaking modern precedent in Washington for space initiatives with sustained support and funding from consecutive Republican and Democratic administrations.

“Is China a catalyst? It should be. Chinese ambitions for both the moon and Mars should be taken very seriously,” said Dean Cheng, senior adviser to the China program at the US Institute of Peace. “Because from their perspective, it’s not just about planting a flag. There’s a whole freight train worth of baggage and meaning associated with both of these missions.”

“This is to establish presence,” Cheng said, “but then to establish the rules.”

Competition is already inching toward conflict closer to home. Since landing a rover on the far side of the moon, China has more than doubled its number of satellites orbiting Earth, and has launched a space plane that remained in low-Earth orbit for several months before ascending and releasing a projectile, defense officials said. Beijing is already fielding weapons in space, including electronic and cyberspace equipment, but also devices that can stalk and latch on to satellites to disrupt their orbit.

Nelson expressed concern that China may reach its lunar milestones first – a development that could allow Beijing to monopolize resources critical to a sustained presence on the surface, such as frozen water hiding in crevices of permanent darkness, and solar energy from mountain peaks bathed in eternal sunlight.

“If China were to land and begin an outpost there, I think it would be a Sputnik moment for the American people,” said G Scott Hubbard, Nasa’s first Mars czar and former director of the Ames Research Center at Nasa who now chairs SpaceX’s crew safety advisory panel. “They could claim it as their own.”

The Chinese Embassy in Washington said in a statement that “outer space is not a wrestling ground, but an important field for win-win cooperation. The exploration and peaceful uses of outer space is humanity’s common endeavor and should benefit all.”

Senior officials in the Biden administration said that China’s program could be the motivation the US needs to reestablish the wonder and drive of spaceflight that once captured the American imagination. “There are positive aspects to competition,” one official said, adding, “one person’s pressure is another person’s inspiration.”

Beijing surprised Washington once again last May, when its military-run Manned Space Agency held a press conference ostensibly to deliver a routine announcement.

Agency officials were introducing three new Chinese astronauts who would depart for China’s Tiangong Space Station the following day – part of a steady cadence of new crew members being sent into orbit every six months, an impressive achievement in and of itself. Then officials added that Beijing intends to land humans on the moon by 2030, moving their timeline up by years.

China’s Academy of Military Sciences has previously said that space “has already become a new domain of modern military struggle.” Neither the China National Space Administration nor the China Manned Space Agency responded to multiple email requests for comment.

China’s public plan is to use robots to scout the south pole for lunar water in 2026 and begin establishing its base there, to be called the International Lunar Research Station, in 2028. Beijing aims to complete a new Long March 10 rocket system for its crewed missions by 2027.

US intelligence officials say it would be “high risk” for the Chinese to attempt their first human landing at the south pole, but also believe Beijing will try to distinguish their first landing from Apollo.

“If there is a prestige goal,” one intelligence official said, “it is the south pole of the moon.” — TNS

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US and China vie for lunar real estate | The Star

https://www.thestar.com.my/news/focus/2024/02/25/us-and-china-vie-for-lunar-real-estate#:~:text=SPURRED%20to%20action%20by%20China's,crewed%20orbital%20mission%20in%202022.

The sunrise casts a golden glow on the Artemis I Space Launch System and Orion spacecraft. – NASA/TNS

Malaysia's giant leap into the stars

https://www.thestar.com.my/news/focus/2024/02/25/malaysias-giant-leap


Thursday 9 March 2023

How Fake News Shapes World Order: Atrocity Fabrication and its Consequences

Atrocity fabrication – the invention and reporting of atrocities committed by an adversary without knowledge that they ever occurred – has a centuries-long history at the heart of propaganda and power politics as an effective means of moving public and international opinion. Its use can provide pretext for a range of hostile measures against its targets, transforming in the public eye wars of unprovoked aggression into wars of liberation of the oppressed, or turning blockades to starve enemy civilians into humane efforts to pressure abusive governments under the moralistic label of sanctions. As it plays a large and growing role in global conflict in the 21st century understanding atrocity fabrication and the consistent means by and ends to which it has been used has become crucial to comprehending geopolitical events in the present day.

This book elucidates the seldom explored but central role played by atrocity fabrication in eleven major conflicts from the 1950s to the present day: from Korea, Vietnam and Cuba during the Cold War to Iraq, Libya and the emerging Sino-U.S. cold war more recently. It highlights the many variations of atrocity fabrication, the strong consistencies in how atrocity fabrication is used, and the consequences it has for the populations of the targeted countries, The book demonstrates the roles played by media and both government and non-governmental organizations in misleading the public as to the actuality of these highly publicized events. The emerging trend towards this mode of action, and the deep implications this has for world order, make an understanding of its history particularly critical.

West uses ‘atrocity fabrications’ to demonize enemies

 



  • Horrific false narratives are concocted to create animosity towards rivals, says 500-page study from top University of London researcher
  • Technique has been used by West for more than a century, using “fake news” to shape world order
  • China has been a major victim, with “Tiananmen Square massacre” and genocide of Uyghurs as examples of events that never happened
  • Tales are spread by allegedly “independent” think tanks, NGOs and media firms, discreetly financed by the U.S.

U.S. GOVERNMENT BODIES working with the western media created a massive “atrocity fabrication” industry to discredit China and other perceived enemies of the west, says a stunning new book to be published next month.

Horrific tales of torture and genocide were manufactured to be spread by the press in a technique developed by western powers over decades to demonize countries including Vietnam, Cuba, North Korea, China, and others, says “Atrocity Fabrication and its Consequences: How Fake News Shapes World Order” by A.B. Abrams, a geopolitical specialist and academic based in London. 


The widely spread narrative talks of more than six million dead, but not a single documented case has been found.

This atrocity fabrications process has been used in numerous locations around the world over decades, but recently culminated in a dramatically fake genocide in Xinjiang – in which the allegedly genocided group, rather than being wiped out, actually expanded ten times faster than the population of the people alleged to be perpetrators. 


“One of the key objectives of Western efforts to fabricate the narrative of a Chinese genocide was to turn global opinion against Beijing and unite the international community behind the West in its confrontation with China,” the book says.

WORLD HAS BEEN MISLED


2010-2018 Source: Global Times

The astonishing 500-page study by A. B. Abrams of the University of London shows exactly how the world has been misled by a series of deceptive techniques, developed over many years: and how what we read about China and Iran and other places today is directly related to famously fraudulent news stories like the “weapons of mass destruction” in Iraq and the machine-gunning of students at Tiananmen Square, both of which were false stories from western intelligence sources published widely in the media.

“Xinjiang’s Uyghur population were the latest Kuwaiti incubator babies, the latest American civilians killed in Cuban terrorist attacks, the latest Filipino civilians brutalised by the Huks or Syrian victims of their government’s chemical weapons,” Abrams writes. “They were Park Yeonmi forced to walk across three mountains and bury her father, Iraqi dissidents fed live into human shredders, students run over by tanks in Tiananmen Square, or Libyan women raped by Gaddafi’s black African mercenaries.

“What all these alleged victims had in common was that the crimes against them were never actually committed but were very widely publicised to build narratives which furthered Western foreign policy objectives.”

[ Scroll down to read more of the present story, or click here for a report about what really happened at Tiananmen Square in 1989 to open in a new window. ] 

 

The real Xinjiang is no giant prison, but a place that attracts more than 10 million visitors a month. Image: Panoramio

Abrams’ superb work will be published next month [March 2023], but advance copies have been sent to the present writer and others. The book is described by top independent journalist Max Blumenthal as “a devas­tating exposé of the interventionist clique that has weaponized human rights in order to destabilize enemy nations and immiserate their populations”.

Frighteningly, the fake stories often end up triggering violence, creating very real harm to real individuals, and causing huge amounts of undeserved reputational damage to communities perceived as enemies of the west.

FAKE NEWS SHAPES GLOBAL THINKING

Abrams is a highly respected scholar, known for his superb research-led work into geopolitical relations, and his ability to see through the thick fog of media noise. In painstaking detail, with sources carefully cited, this new book tells precisely how the western world uses the media to shape global thinking by creating false narratives and weaponizing concepts such as human rights to demonize rivals. 

 

Xinjiang, a once poverty-stricken region, has seen its GDP more than double since 2010. Health ratings have climbed steeply.

How does the atrocity fabrication technique work? Hostile people in allegedly “independent” human rights groups discreetly financed by the United States government fabricate stories of grotesque atrocities which are widely circulated by the world’s biggest media, including the BBC, Reuters, and the New York Times.

Abrams traces the development of the atrocity fabrication technique over centuries in multiple countries right up to the present day, but in this article, we’ll take a deeper look at just one example: his analysis of the current narrative of “concentration camps” in China. 

 

China has raised Uyghur life expectancy to higher than that of many Western nations. Image: Unsplash

The north-western part of China is painted as the site of a horrific genocide, involving millions of people tortured or murdered in a massive network of camps.

For comparison, the notoriously massive Los Angeles County Jail, which covers a land area almost twice the size of the state of Delaware, holds about 19,000 prisoners. The media asks us to believe that China has jails for three to six million people: literally the size of small countries. New Zealand has a population of about five million.

But it’s abundantly clear to everyone who visits Xinjiang or just sees the constant flow of videos from that community on Chinese TikTok that there has clearly been no such event. Just like people everywhere, they post videos of themselves dancing, eating, partying, getting married, and so on. Nobody could live such normal lives if a huge number of members of their community were being tortured and murdered in concentration camps. The narrative is clearly fake. So where did the horror stories come from?

“These claims relied overwhelmingly on U.S. government-funded anti-China groups dominated by hard­line Uyghur dissidents with Islamist or separatist positions such as the World Uyghur Congress, the Uyghur Human Rights and Democracy Foundation and the Uyghur American Association,” the book says.

“These were all heavily funded by the U.S. Congress through the National Endowment for Democracy, which had been closely affiliated with the CIA since its foundation and tasked with carrying out overtly what the agency had formerly done alone and more covertly.” 

 

The CIA spin-off NED spends millions on anti-government groups around the world

THE INNOCENT ARE HARMED

What is really shocking is that the fabricating of atrocities often leads to harm for the innocent: the Chinese community, for example, is unfairly demonized worldwide as cruel and barbarous, while blameless Uyghurs in China have been made unemployable for no fault of their own. 

 

Jerry Grey: retired London police officer who moved to China was not scared to speak out for his new community.

Ordinary individuals who speak out are also targeted. Jerry Grey (above), a retired London police officer, spent time in Xinjiang and wrote an honest description of life in the province, debunking Western media allegations of death camps. “This is absolute rubbish – there are not a million Uyghurs in concentration camps, that is just total baloney,” he wrote. 

 

Canadian Daniel Dumbrill, outraged by the false coverage of the 2019 Hong Kong riots, has become a popular commentator.

Daniel Dumbrill (above), a brewer-turned-commentator, did something similar. “We’re expected to believe that the population of Uyghurs is being eradicated. It’s a ridiculous statement whether it is in a literal sense or even a cultural sense,” he said.

They and others like them were punished harshly for telling the truth. Many western reporters attacked these individuals as paid agents of Beijing in front of audiences of millions, without a scrap of evidence. “The BBC, for one, equat­ed such questioning of the Western narrative with ‘spreading Communist Party disinformation’ and strongly implied the need for policing to restrict such expats’ reach on YouTube and other social media platforms,” Abrams says in the book.

Ironically, Grey and Dumbrill were telling the truth free of charge, while BBC journalists collected fat salaries for spreading “news reports” which consisted of fabricated atrocities. 

 

UK state-financed BBC journalists attacked ordinary people who dared to say positive things about China.

HOW THE PROCESS BEGAN

It is fascinating to look back at how the process began in the case of the Xinjiang fabrications. The book notes that many countries had to find ways to deal with Islamist terrorists. (Most preferred not to follow the western response of invading the wrong country and causing large numbers of deaths.)

China’s efforts to deal with extremist Islamist terrorists were to implement deradicalization programs, a route also chosen by Indonesia and France. However, western media and governments chose to present the Chinese version as unique. “The Chinese pro­gram saw a metanarrative created around it by Western NGOs and media outlets that was very far removed from any verifiable real­ity on the ground, and was based on highly dubious and in many cases entirely fabricated source materials,” Abrams says.

This misrepresentation of the facts was used to provide excuses to attack China on economic and other fronts. “As China emerged as an unprecedentedly potent challenger to Western power, this narrative sought to vilify and provide pretext for hostile actions against it,” Abrams writes. 

 

Millions jailed? CHRD interviewed eight unnamed people and extrapolated numbers.

Journalists were encouraged to print horrific reports about a massive network of Nazi-like death camps for the “genocide” of innocent victims, using stories from groups such as the Network of Chinese Human Rights Defenders. The CHRD website presents itself as a group of Chinese individuals rising up within the Chinese nation; but in reality, it is actually based in the US and “is heavily funded by the U.S. Congress through the NED, re­ceiving approximately US$500,000 annually”, the book says. CHRD listed its address as the Washington D.C. office of Human Rights Watch, a similar group that weaponizes the concept of “human rights” to attack China.

RECYCLED METHODS

How did they fool so many people so well? Practice and long experience. In particular, the west recycled the same atrocity fabrication techniques they had used to demonize North Korea against China—specifically “using emotional but highly inconsistent female defector testimonies”.

For example, the BBC and CNN for days made their top story the tale of Tursunay Ziawudun, presented as a concentration camp survivor with nightmarish stories. You can’t read the reports without feeling hate bubbling up for the Chinese.

But for anyone who makes the effort to dig deeper, a problem quickly emerges: she has been interviewed many times, and told very different stories every time, with the accounts becoming increasingly extreme. In 2017 and 2018 interviews, she described her time in the detention center thus: “To be honest, it wasn’t that bad. We had our phones. We had meals in the canteens. Other than being forced to stay there, everything was fine.” She also said: “I wasn’t beaten or abused. The hardest part was mental.”

However, the BBC newsroom shockingly chose not to tell its audience about these earlier interviews, presenting only a very different horror-movie-like story that mysteriously emerged after she had travelled to the United States as a guest of a NED-funded NGO. In the new version, she was “removed from the cells ‘every night’ and raped by masked Chinese men, and that she was tortured, gang-raped and had her genitals electrocuted”. Her cell mates “disappeared”. 

 

This meme by the present writer compares the dramatic difference in her stories.

Many of these “torture-porn” stories presented as news reports by the BBC and CNN were so extreme that even anti-China campaigners expressed discomfort, and tried to distance themselves. “You cannot write a news story claiming systematic rape based on three eyewitness ac­counts, not all of whom are reliable,” wrote Gene Bunin, who runs the Xinjiang Victims Database. “You just can’t and the BBC should know better. Take that from someone who’s been dealing with testimonies 24/7 for the past two years now.” 

 

U.S. academic Ma Haiyun, a harsh critic of China’s government, admitted he could no longer even discuss whether the stories were true. “In the current political climate, if you publicly state that there is no genocide in Xinjiang, it will affect your reputation to the point where if I said this, half of my friends would cut me off,” he wrote. In other words, the truth could not even be mentioned, let alone debated, even by anti-China campaigners.

OPPOSITE OF A PRISON

A common argument was that there must be a genocide in China, because why else would the Chinese refuse to allow anyone to enter the area? The western media followed the CIA-founded Radio Free Asia’s line in presenting Xinjiang as a giant prison, a locked-off place filled with oppressed people. This was the opposite of the truth. More than 150 million tourists visit the region every year, mostly domestic visitors but with some foreigners, making it one of the world’s top tourist spots in terms of numbers of visitors. Many stay in Uyghur-run hotels and make a point of eating Uyghur foods.

Worryingly, there were clearly cases in which the western media did not just report a false narrative, but seemed to actively enable the deception of their own audiences. Abrams noted how an image showing the details of Tursunay Ziawudun’s passport created a problem for the new narrative she was pushing. Instead of investigating this crucial discrepancy, CNN reporters covered it up by blurring the key part of the image.

Abrams’ book also notes the real story behind the image of a large group of men used by the Guardian and almost every other media outlet to present Uyghur concentration camp victims. But, as this writer pointed out two years ago, it really shows a 2017 group of people in a rehabilitation center gathering to listen to a Muslim speaker. 

 

Misused picture shows people listening to a Muslim speaker at a rehabilitation center from 2017.

SERIAL DECEIVER REWARDED

What about all those pictures on Twitter of Uyghurs being horrible harmed or mistreated? To answer that question for one’s self, consider the case of Arslan Hidayat. This Australia-based anti-China campaigner’s standard technique was to take pictures of people in misery from anywhere he could find them and then re-label them as Uyghurs being tortured by Chinese, for mass diffusion on the internet. When confronted, he would admit that this type of falsification was common among activists such as himself—and then do the same trick again.

You would think that such a person would immediately have sacrificed all credibility. The opposite is true: he was quoted as a legitimate source by the BBC, the Guardian, CNN, AFP, Al-Jazeera, TRT WORLD, and numerous others. Today he has been rewarded for his skills in deception by being given a salaried position at Campaign for Uyghurs, one of many, er, “independent” anti-China propaganda groups.

Moral compass? What moral compass? Dear reader, keep reading. It gets worse.

HARMING, NOT HELPING

One of the most depressing reports in the book is what happened to Esquel Group, run by a popular family in Hong Kong. This company, one of the world’s most successful shirt makers, happily employed 400 Uyghur workers, and many so enjoyed working there that they become long term staff. It was the sort of win-win situation that gives business people a good name.

Yet the company was unfairly put on a blacklist of “slave labor” firms by the US Commerce Department. This made exports difficult, harming the company and its employees. “In response Esquel invited U.S. Commerce Department staff to visit the facilities in Xinjiang with free and open access but received no response,” Abrams writes. For Esquel staff, it was puzzling – it was as if their accusers didn’t want to know the truth. 

 

Spinning mill in Changji, northern Xinjiang. Image: Esquel

“When it [Esquel] subsequently invited independent labour audit specialists to visit the facilities in Xinjiang and carry out unstructured interviews with randomly selected Uyghur workers, every instance found no evidence of the forced labour or coercion being alleged by Western sources,” Abrams writes.

But what could be done? For all its talk of “rules-based order”, the western government-media machine ignores even the most basic concepts of right and wrong .

Other companies, seeing cases like this, simply stop hiring Uyghurs. When companies are punished for doing the right thing, firms take fright. Western media and government are literally making Uyghurs unemployable while pretending to help them. 

 

The media’s fake stories ended up harming businesses in Xinjiang by preventing exports.

OTHER VISITORS REACT DIFFERENTLY

 

Muslims who visit tell a different story

What will be the outcome of this difficult situation? In Abrams’ opinion, it is clear that the Xinjiang genocide narrative has been swallowed by western countries, but he notes the majority of the world’s population is clearly sceptical.

Numerous middle eastern and Asian countries have sent envoys to Xinjiang and come away satisfied by what they have seen. Nepalese ambassador Leela Mani Paudyal noted after her visit: “The vocational education and training centres in Xinjiang are not ‘concentration camps’ as described by some Western media, but schools to help those in­fluenced by extreme thoughts to eliminate the harmful thoughts and learn vocational skills . . . This anti-terrorism example is worthy of learning by many countries.”

ATROCITY FABRICATIONS HURT EAST AND WEST

In the long run, it is very clear that the atrocity fabrications of the west are harmful and divisive to everyone, whether the narratives are focused on Xinjiang, Tibet, or on other parts of the world. Western governments and media have put so much time and energy into their overblown atrocity tales that it will be difficult for them to backtrack to more moderate positions. As a result, it is inevitable that there were be a sharp drop in trust levels for western governments and media. 

 

Nightmarish stories create needless animosity.

“The significant investment the west’s information networks have put behind the Xinjiang fabrication, including assets such as Human Rights Watch, the BBC and RFA, means that pressing this narrative too far, and limited international receptivity to it, may well erode Western international credibility when commenting on humanitarian issues beyond a point of no return.”

Some might say that the mainstream media’s reputation is already beyond repair. Time will tell.

Abrams’ excellent book will be out in March. It is highly recommended. 

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The book can be ordered from the publisher by clicking this line.

The book can seen on Amazon US by clicking this line.

The book can be seen on Amazon UK by clicking this line.


 


Related posts:

 

Inside America's Meddling Machine destabilizing the world order

NED, the US-Funded Org Interfering in Elections Across the Globe 

'We lied, we cheated, we stole', ‘the Glory of American experiment’ by US Secretary of State/Ex-CIA director Mike Pompeo



Tuesday 20 September 2022

The strong dollar should not become a sharp blade to cut the world, THE NEED FOR BRETTON WOODS III


Is the Dollar the key to US hegemony?

 

Illustration:Chen Xia/Global Times

Illustration:Chen Xia/Global Times


The US Federal Reserve will hold a new policy meeting on Tuesday and Wednesday, with the decision on interest rate growth being the limelight. It is widely anticipated that the Fed will deliver at least another 75-basis-point interest rate hike to tame inflation. This might further increase the value of the US dollar against other currencies, which is at its 20-year high. Driven by the Fed's aggressive rate hikes, the US dollar is viewed as "experiencing a once-in-a-generation rally." For many countries in the world, this might be the beginning of another nightmare.

The meeting will witness the fifth time that the Fed will raise interest rates. The direct reason is to ease the high pressure of inflation in the US. But if people dig the root cause, this is an inevitable consequence of US' blind and unlimited money printing to temporarily maintain "prosperity." In other words, in the face of the deep-seated problems exposed by the 2008 financial crisis, Washington has been powerless, and unwilling as well, to solve them. Instead, it was extremely short-sighted to cover up the crisis and curry favor with the Wall Street, while taking advantage of the hegemony of the US dollar to quietly treat the crisis like dumping wastewater - draining it to the world.

A super strong US dollar and the fall of other currencies will, to a certain extent, ease the scorching inflation in the US economy, but the world will have to pay for it, which is often referred to as "when the US is sick, the world has to takes pill." The ensuing severe inflation, economic recession and other problems have already appeared on a large scale in many countries. Thirty-six currencies around the world have lost at least one-tenth of their value this year, with the Sri Lankan rupee and Argentine peso falling by more than 20 percent, since the dollar strengthened.

This has not only worsened the already weak economies of Europe and Japan, but also forced a large number of developing countries to swallow the bitter pills of the economic recession caused by imported inflation. Countless families were impoverished overnight. This is a very abnormal situation that is not supposed to occur, but it is the cruel truth behind the US "containment of inflation."

In fact, since the end of World War II, the US has used dollar hegemony to carry out "financial looting" or "export crises" against other countries several times. As a widely popular phrase in the West goes, the US enjoys the exorbitant privileges created by the dollar and the deficit without tears, and used the worthless paper note to plunder the resources and factories of other nations.

Each round of dollar appreciation in the past decades has been accompanied by extremely bad memories: The Latin American debt crisis broke out in the first round, Japan suffered from the "lost two decades" during the second round and the Asian financial crisis took place during the third. Particularly in the Asian crisis, which is still fresh in many people's memories, more than 100 million middle-class people in Asia fell into poverty, according to the World Bank estimation. The strengthened dollar, time and again, cuts the world like a sharp blade.

Therefore, while the political elites in Washington boast of the "myth of the American system" and take credit for "alleviating the crisis," thousands of poor families around the world are being trampled by them. They are not unaware of this, but still collectively choose to be indifferent and arrogant, as if this is the privilege that the "hegemon" should enjoy. As US former treasury secretary John Connally put it in the 1970s, "The dollar is our currency, but it's your problem." Today, the dollar is once again the world's problem. In a sense, it's hard to believe that the "prosperity" of the US is clean and moral.

However, the crisis cannot be covered up forever. Washington keeps laying mines but never removes them, which will eventually explode the US itself. The incompetence of US financial policymakers has been exposed by the consecutive interest rate hikes that have contributed to the abnormal appreciation of the US dollar with the purpose of defusing the severe inflation.

For the US itself, what will rise accordingly are the cost of corporate financing, the pressure on residents to repay their loans, and the price of export production among others. Meanwhile, the credibility that the US dollar has as a global currency is being continuously exhausted by the US "beggar-thy-neighbor" policy. Now the anxiety and insecurity brought by the US dollar to the world has heralded the beginning of the decline of its hegemony - regarding Washington's insatiable exploitation, Europe, Asia, the Middle East and other regions have explored the path of "de-dollarization," leading to the inevitable diversification of the international monetary system.

The best way to restrain the rampaging hegemony is to practice true multilateralism. Whether it was the Asian financial crisis in 1997 or the global financial crisis in 2008, the world seemed to have stumbled more than once by the same stone, which, however, is not that firm anymore. The instability and fragility of international financial markets have once again become prominent. It is precisely at such times that the international community should be more determined to cooperate and build a reliable, systemic and long-term multilateral international financial system. This cannot wait. 

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 THE NEED FOR BRETTON WOODS III

World Affairs - Non-Partisan and Objective

The United States of America is in big trouble, short term and long term. In 2022, the stock market is crashing, bond market is down the most in 40 years, housing bubble is bursting, inflation is skyrocketing, debt is exploding, and GDP is shrinking. These are not temporary crises. Instead, they reveal systemic flaws in the American economy that is propped up by a rigged global financial system. 

However, that fraudulent system is starting to crumble and the primacy of US dollar is in serious trouble, thanks to an emerging multipolar world. (Don't believe the nonsense that the US can keep printing infinite amount of dollars).

The US needs to default on its debt and start new. Declare bankruptcy and yet remain the #1 country. This will be the "Bretton Woods III" agreement.

Sounds ridiculous? Well, it's possible only if all the other countries are weak and nobody is strong enough to challenge the US.

This is why the US must not only crush Russia and China — its two biggest geopolitical rivals, but also weaken Europe. This paves the way for the US to establish a new global order which is similarly rigged and just as deceitful and corrupt — in order to prolong the American Century.

Dollar Hegemony

America's extraordinary power comes from the power of US dollar, which is the established global currency for trade. This also means that countries around the world have to accumulate US dollars in their foreign exchange reserves. But the US has been abusing its power by weaponizing the dollar through sanctions and confiscations of hard-earned reserves.

No wonder that China, Russia and others are seeking ways to circumvent the dollar in trade. Since 1999, the share of US dollar assets in central bank reserves has dropped by 12 percentage points—from 71 percent. Hence the share of US dollar in global reserves is now only 59%. When that number falls below 50%, the tectonic shifts in global finance will become more apparent to Americans.

To fully grasp the nature of the current world order, let's see how the US established the dollar as the world currency, carried about the biggest gold heist in human history, then defaulted on its obligations, but revived the moribund dollar with a clever deal. That's the story of Bretton Woods I and II.

Bretton Woods I - Gold-backed Dollar

WW2 was a wonderful thing for the US. First, it took the US economy out of the Great Depression. The US played the role of arms supplier and gladly watched European empires destroy themselves. Even before the war was over, the US brought in all the allies to Bretton Woods, New Hampshire, and said, "When the war is over, you will all be weak and broke. I will be the new empire and my dollar will be the global currency. And it will be as good as gold -- a guaranteed rate of $35 per ounce of gold."

This meant that if you have $35, you can go to a bank and get an ounce of gold!

The world agreed. When the war was over, everyone bought US dollar with gold and used it for trade. Huge amounts of gold were also physically transferred from Japan, Germany and other parts of the world into the vaults of the Federal Reserve Bank in New York.

This system worked until 1971 when the US suddenly declared that, "Oops, the dollar is not backed by gold anymore. If you have US dollars, they are just pieces of paper now. You cannot get your gold back!" People called it the "Nixon Shock."

1970s - When Fiat Dollar almost died

This was also the biggest gold theft in human history. But what could the world do? America had nuclear weapons and the mightiest military.

Of course, the switch to a fiat currency caused havoc. The value of US dollar fell precipitously and inflation skyrocketed. The US economy was in deep trouble. That's when the US elites came up with a clever idea to rescue the dollar and restore its primacy.

Bretton Woods II - The Birth of Petrodollar

How to make the dollar relevant? Hmm...What if everyone needed US dollar to buy something essential?

Like ... OIL. Brilliant!

This was the birth of Petrodollar.

Basically, the U.S. used Saudi Arabia’s oil to save the dollar. That is, Saudi Arabia (and other smaller producers) would sell oil only for US dollars. And to make sure that the Saudis don't get too powerful, they will be forced to recycle most of their profits back into the US economy. It was also a protection racket, which meant the US military would occupy Saudi Arabia and protect it from enemies.

Saudi King Faisal with Kissinger. Birth of Petrodollar. But why would the Saudis agree to this? Because the U.S. make Saudi Arabia the new king of oil and the most influential Middle East power ... after crippling Iran.

Win-win for the US.

Thus, the U.S. armed and funded Saddam Hussein of Iraq to wage a decade-long war on Iran. US provided arms/intelligence. Germany and France provided deadly chemical/biological weapons to Iraq. Here’s Donald Rumsfeld with Saddam in 1983.

Of course, the same Rumsfeld would bomb Iraq and kill Saddam twenty years later.

Thus, the Petrodollar deal with Saudi Arabia could be called as Bretton Woods II. It extended the life of the American Empire by a few more decades.

Bretton Woods III -

For the last four decades, countries around the world have been foolishly working hard for US dollars, buying US treasuries, and funding the American Empire. But within the next decade, those U.S. treasury bills and bonds might be worthless. Deja vu all over again.

The U.S. needs Bretton Woods, Version 3. Somehow, the world needs to write off all American debt and start the racket anew. But … with America still as #1 How the hell could this happen?? This is how:

If the world is full of weak countries, they will accept the new rules -- just like they did in 1944 and 1974. Imagine a world where Russia and Europe destroy one another. Imagine a world where Japan and India attack China … and they all get destroyed. A world on fire, destroyed by passion and bombs.

In that world, America will come in as the savior at the last moment, stop the war, and make everyone a happy vassal.

Great Reset. Bretton Woods III. New World Order. Call it what you will.

Conclusion

The wheels are in motion. After eight years of provocation, the US successfully forced Russia to invade Ukraine. And the US also brilliantly pulled Europe into the mess. Europe's economy is being crushed and de-industrialized.

As for China, the U.S. is trying its best to start a war using Taiwan as the pawn. Japan is being asked to re-militarize and procure 1000 long-range missiles. The US needs a few more years to manufacture this mother of all wars. A lot depends on India, since Japan wouldn't want to be the only Asian country to attack China.

Four years ago, I predicted all this in the article "The Most Dangerous Decade." However, much of the world is still happy to be mesmerized and led into the slaughterhouse.

Only Russia and China can change how this story evolves. If Putin can quickly and decisively win the Ukraine war, he can force a peace settlement with Europe.

And China needs to accelerate the internationalization of Yuan. There is no de-dollarization without a robust alternative financial system. China also needs to muster the greatest diplomatic efforts to make peace with Japan and India, the two most potent adversaries and puppets of the US.

In the most optimistic scenario, the Global South or the people of the developing nations can bring into fruition a new fair world without catastrophic wars or financial devastation. As Sun Tzu said, "The supreme art of war is to subdue the enemy without fighting."

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Tuesday 13 September 2022

Under banner of 'counter-terrorism' 9/11: US exports instability and plunders foreign resources for 21 years, US and the west must brace for great reset as new voices rise up

 

Under banner of 'counter-terrorism,' US exports instability and plunders foreign resources for 21 years

  https://www.globaltimes.cn/page/202209/1275032.shtml

Sunday marks the 21st anniversary of the 9/11 attacks. Amid the mourning for the victims, it's apparent that much of the world in the past two decades has been impacted by the US government' vengeance wars against terrorism, though the global situation has only got more complicated and chaotic.

The West needs to brace for the Great Reset as new voices rise up ...

The West needs to brace for the Great Reset as new voices challenge the established world order

Illustration: Craig Stephens

  • China’s rise and America’s failings have shifted world opinion and set the scene for Asia and the rest to clash with the US and Europe over ideologies and values

  • As geopolitical tensions rise, a Hong Kong used to Western voices will benefit by more deeply understanding Asian perspectives 


We have entered the Age of the Great Reset. We are likely to come out at the other end with a world quite different from the one we have become used to. Let’s hope it will be a better one.

The perspectives of non-Western experiences are increasingly being articulated and heard, and new voices are challenging the dominant narratives.

History can explain the collision of ideologies and values between the East and West, and between the North and South.

The second world war was followed by a period of decolonisation in the Asia-Pacific and Africa between 1945 and the 1970s. Many new nations struggled to establish stability after long periods of imperial rule when their land, resources and labour were exploited.

Civil war broke out in China after Japan was defeated. Just as in much of Asia, Chinese people were dirt poor when the People’s Republic was created in 1949 and they remained among the poorest in the world until relatively recently. 

https://multimedia.scmp.com/news/china/article/2176472/china-reforms/index.html?src=article-launcher

The era of decolonisation coincided with the Cold War, a period of intense rivalry between the United States and Soviet Union. America was wary of Soviet communism and its expansion, and the USSR resented the US for its policy of containment to check its power.

The Cold War may be said to have ended with the dissolution of the Soviet Union in 1991. The dominant narrative then was that the superiority of the American democratic-capitalist system enabled the US to “win” because it could outdo the Soviets in amassing weaponry and generating material wealth.

Asia has become a fast-growing economic region. It’s advancement has been a result of improving education of the people, integrating Asian economies into the global system through export production, and strengthening the capacity of public institutions.

African countries have been making strides too, especially since 2000, in their socio-economic advancement and governance performance. 


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As a result of the progress being made in these parts of the world, diverse perspectives about ideologies and values, as well as how countries are conducting their international affairs, have come to the fore. 

Every Saturday A weekly curated round-up of social, political and economic stories from China and how they impact the world.

The US has been forcing the pace of the Age of the Great Reset. Its seemingly orderly governing system and successful market-capitalist economic and financial systems used to be seen as the model to emulate. That has changed.

The US invasion of Iraq in 2003 and the financial crisis of 2008 may be seen as watershed moments that started to shift world opinion. 

More than 100 lavish palaces and villas of Iraq’s former dictator Saddam Hussein lie in ruins 


More than 100 lavish palaces and villas of Iraq’s former dictator Saddam Hussein lie in ruins

The claimed intent of the Americans was to free Iraqis from their authoritarian leader, and Iraq supposedly had weapons of mass destruction that endangered the world. However, Iraq did not possess such weapons – the claim was later exposed as a lie – and the US actions destabilised not only Iraq but the Middle East as a whole.

The 2008 financial crisis gave rise to doubts and a distrust of Western financial practices, and exposed the weaknesses, especially of the American regulatory and supervisory systems.

Hank Paulson, former head of the US Treasury, wrote in his book that Wang Qishan – now China’s vice-president – said to him in June 2008 that perhaps the Chinese didn’t have much to learn about finance from America any more.

Fast forward to today, and how the world sees Russia and the Ukraine war provides a good example of the difference in perspectives between the East and West, the North and South. 


Putin tells pupils why Russian troops are in Ukraine in a speech to open school year Putin tells pupils why Russian troops are in Ukraine in a speech to open school year Putin tells pupils why Russian troops are in Ukraine in a speech to open school year

Last June, when asked why Europe should stick up for India if China were to present a challenge, if New Delhi didn’t take a tough stance on Russia now, India’s external affairs minister S. Jaishankar provided a harsh retort: “That’s not how the world works.”

He stressed that India’s problems with China had nothing to do with Russia and Ukraine. And he told Europe to grow out of the mindset that its problems were the world’s problems, but the world’s problems were not Europe’s problems.

The West is unused to hearing such forceful, disagreeing non-Western voices. China is much criticised for what the Western media calls “Wolf Warrior” diplomacy. It is a convenient label for China’s more assertive and combative style in recent years. 


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The pace of the reset is being framed today in simplistic terms – that democracies must fight autocracies, with the US leading the charge together with its Group of 7 allies, and that the “rule-based international order” must be maintained.

That narrative may resonate in the West and North – but not necessarily in the East and South. This can be seen with the G20 meeting scheduled for mid-November – host country Indonesia has insisted that Russia and its leader, Vladimir Putin, should not be excluded from the gathering.

Hong Kong used to be a spot of the West in the East before 1997 when it was a British colony. The city is used to taking note of the mainly Western voices. Hearing different and opposing voices can be uncomfortable because it forces reflection. Hong Kong will benefit by more deeply understanding Asian perspectives.

The reset also has much to do with the US seeing China as the biggest “threat” to “democracy and the international order”. It is corralling allies to fight together, and Taiwan has become a stalking horse to goad Beijing.

The reset will continue and it can be unsettling, especially for Hong Kong, if fighting should break out in the neighbourhood. The world needs better angels to cool geopolitical tensions.

Christine Loh, a former undersecretary for the environment, is an adjunct professor at Hong Kong University of Science and Technology 

 

Wednesday 7 September 2022

Liz Truss takes over a Britain in decline and in severe crisis: Martin Jacques

 

Liz Truss delivers a speech at an event to announce the winner of the Conservative Party leadership contest in central London on September 5,2022. Photo: AFP



Liz Truss is the new British Prime Minister. She beat her Conservative rival Rishi Sunak by tacking strongly to the right. No doubt the fact that she is white, and Sunak is brown, was also a major factor for the 170,000 overwhelmingly white Conservative Party members who voted. If Truss is to be taken at her word, she will be the most right-wing prime minister since Margaret Thatcher in the 1980s.

Each of the last four Conservative prime ministers has been more right-wing than their predecessor: in chronological order, David Cameron, Theresa May, Boris Johnson, and Liz Truss. Truss wants to cut taxes, doesn't like the state, is hostile to redistribution, believes in trickle-down economics (that feathering the nests of the rich will ultimately help the poor), and is an anti-China hawk.

In being true to her beliefs, however, she faces a gargantuan problem. She is confronted with the worst economic crisis of any British prime minister since 1945. It is impossible to find any good news on the economic front. As a result of the war in Ukraine, the price of natural gas, which is the main source of domestic heating, is five times what it was a year ago and is predicted to carry on rising steeply. Without state intervention to hold down energy prices, around half the population will this winter be impoverished.

Inflation, which for most of this century has been at around 2 percent, is already at 11 percent, and is predicted to rise to 20 percent. Interest rates, which have similarly been very low, are rising rapidly, meaning much higher mortgage payments for homeowners. The Bank of England forecasts that the country will go into recession towards the end of this year, and some believe that it will continue until 2024.

With inflation now in double figures, workers are finding they are facing wage increases that are less than half the increase in prices: as a result, they are confronted with the prospect of sharply declining real wages over the next several years. There is growing industrial unrest which is likely to become increasingly widespread over the next year.

This is not just a short-term problem. Real wages are now just below the level they were in 2007, on the eve of the Western financial crisis. In other words, the British economy has been stagnating for the last 15 years and in the process has been falling behind its near neighbours Germany and France. One major think-tank is predicting that over the next two years Britain will experience the largest fall in average real incomes for over one hundred years.

It is inconceivable that Truss can tackle this nightmare scenario by cutting taxes, rolling back the state, and turning a blind eye to the poorest sections of the community. This will require state intervention and redistribution on the scale of the COVID-19 crisis in 2020, otherwise the Conservative Party will surely lose the next general election in 2024. Truss faces a major dilemma: take the right-wing ideological route and court electoral disaster or follow a pragmatic road and swallow her ideological principles.

Even before the coming economic tsunami, there was a mood of frustration and dislocation, a feeling that the country no longer worked properly. Far from ushering in a new era of prosperity and efficiency, Brexit has become synonymous with labour shortages in many parts of the economy. This has been accentuated by the impact of COVID-19 which continues to disrupt the economy, most obviously in the form of chronic labour shortages in many sectors. Britain's most-loved institution, the National Health Service, is now on life-support, a result of being starved of money for many years and an increasingly chronic shortage of staff.

It is important to emphasise that Britain is now in a much inferior position than it was in 1979 when Thatcher first came to power. This is a weakness it shares more generally with the West and especially Western Europe. The Soviet bloc aside, the West for the most part dominated the world during the 1980s. Its influence and hinterland, however, are now much reduced because of the rise of China together with that of the developing world. A topical example will suffice to illustrate the point. Is the present spike in oil and gas prices, which are costing Western Europe dearly, a permanent or temporary phenomenon? It looks very likely that it will be the former, that Western Europe will be permanently disadvantaged, because Russia has found new markets, notably India and China, for its oil. Western Europe enjoys less economic power in the world and its room for manoeuvre has contracted. This is what being part of the declining part of the world means.

Finally, what will Truss mean for Britain's relations with China? There is no reason for optimism. Truss thinks of herself as a cold war warrior. She has strongly hinted that China will be designated a "threat" to national security and treated in the same way as Russia. The golden age in the relationship between Britain and China came to an end around five years ago and there is precious little chance of it returning for a long time to come. 

By Martin Jacques


Born1945 (age 73–74)
Coventry, England, Great Britain, U.K
NationalityBritish
EducationKing Henry VIII School, Coventry
Alma materUniversity of Manchester (B.A.)
University of Cambridge (PhD)
OccupationEditor, academic, author
WebsiteMartinJacques.com
By Martin Jacques@martjacques

The author was until recently a senior fellow at the Department of Politics and International Studies at Cambridge University. He is a visiting professor at the Institute of Modern International Relations at Tsinghua University and a senior fellow at the China Institute, Fudan University. Follow him on twitter @martjacques. opinion@globaltimes.com.cn 

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While sowing discord around China, the US is heading to be a 'failing state' OTHER


China state-affiliated media 
#Taiwan island is a province of #China. What does the #US mean by “defense” ? : China will firmly strike back against acts undermining China's sovereignty and security: Chinese FM commented after US claimed the arms sale to Taiwan was for defensive purposes.

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