Thought for the day

"Of all the enemies to public liberty war is, perhaps, the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes… known instruments for bringing the many under the domination of the few.… No nation could preserve its freedom in the midst of continual warfare." -- James Madison

The Mask Is Off: WEF's Klaus Schwab Declares China A "Role Model" MikeRivero Sat, 11/26/2022 - 08:20

Once upon a time, the Soviets had a tightly controlled network of internationalists known as the COMINTERN to promote their communist model to Europe and beyond.

As it stands now, the Red Chinese have gone them one better: They've got Klaus Schwab.

NATO FMs to conspire against China as threat to the internationalorder MikeRivero Sat, 11/26/2022 - 07:18

U.S. and other western leaders next week will examine ways to reduce allied dependency on China…NATO’s top official said Friday.

“The war in Ukraine has demonstrated our dangerous dependency on Russian gas,” NATO Secretary-General Jens Stoltenberg told reporters Friday at allied headquarters in Brussels. “So we must assess our dependencies on other authoritarian regimes, not least China.”

The focus on China during a meeting of foreign ministers Nov. 29-30 in Bucharest….

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China is ready to expand practical cooperation with Cuba and strengthen coordination on global and regional issues, Chinese President Xi Jinping said on Friday during a meeting with his Cuban counterpart Miguel Diaz-Canel.

"China is ready to cooperate with Cuba to deepen mutual political trust, expand practical cooperation, strengthen mutual support on issues of interest to both sides, and is ready to strengthen coordination on global and regional issues," China Central Television quoted the Chinese president as saying.

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IMF official tells China to drop 'zero-COVID' strategy to save its economy MikeRivero Fri, 11/25/2022 - 07:18

China needs a "recalibration" of its zero-COVID strategy in order to bring the world's second-largest economy back on track, as the Yuan plummets and threat of a recession looms, one senior official with the International Monetary Fund (IMF) urged Wednesday.

Concerns over a global recession increased following reports last month that China’s goal of hitting 5.5% GDP growth in 2022 was far from attainable and would likely top at 3.2%, with some suggesting it could be as low as 2.8% – a drop from 8.1% GDP growth in 2021.

Chinas Covid cases hit record as dissent grows over tough restrictions MikeRivero Fri, 11/25/2022 - 07:14

 China on Thursday reported a record number of daily Covid infections, as a nationwide surge in cases heaps pressure on the country’s increasingly unpopular zero-tolerance approach to the virus.

The National Health Commission (NHC) recorded 31,444 locally transmitted cases on Wednesday – surpassing the previous peak of 29,317 recorded April 13 during Shanghai’s months-long lockdown.

This morning I wanted to share some thoughts from my friend, former sell side analyst Anton Wahlman.

He wrote me this morning making note of news I had already seen earlier today. Namely, that Beijing, the most prominent and well-known Chinese city with a population of 22 million, was going back into Covid lockdown.

“CGTN, a Chinese state-run news channel has just announced Beijing and other cities are going back into lockdown. Schools, restaurants, gyms and other facilities closed this week to stop the Omicron variant,” he wrote me.

Old-fashioned socialist and founder of the World Economic Forum (WEF) Klaus Schwab, sat down with CGTN’s Tian Wei during the APEC CEO Summit in Thailand.

During the course of their discussion, Schwab was questioned about whether or not the leaders of the world were able to reach an agreement in order to forward their globalist agenda.

“Among the G20, you were there meeting some of the leaders as well. Professor Schwab, what do you make up the result? Finally, they put something as a statement, and it seems quite positive with all the voices included,” Wei said.

Defense Secretary Lloyd Austin and Chinese Defense Minister Wei Fenghe met on the sidelines of the Shangri-La Dialogue Security Summit in Singapore on Friday. Beijing’s delegation stated that Taiwan is “part of China.” General Wei’s spokesman explained, “The PLA (People’s Liberation Army) would have no choice but to fight at any cost to crush any attempt of Taiwan to be independent. This safeguards our national sovereignty and territorial integrity.” On his part, Defense Secretary Lloyd Austin asked China to “refrain from further destabilizing actions.”

On Saturday, the Fiscal Information and Investigation Service (FIOD) in Nijmegen, Netherlands discovered a warehouse stocked with one million fake COVID tests from communist China.

According to NL Times, customs officials requested assistance from FIOD following an intelligence report that a stockpile of counterfeit self-test kits was likely being housed in a warehouse.