Paper tiger? Paper bullets? Paper lie. The journey of one thousand miles begins with the first step. – Lao-Tzu, Chinese mystic philosopher, 100 BCE
Portugal, Ireland, Italy, Greece & Spain are the countries making up the acronym; The PIIGS, a term being bandied about these days by multi-National Banking Pigs, the IMF and the World Bank. The PIIGS have gotten their collective tails in the wringer by believing in and whole heartedly embracing the Capitalistic debauch currently sweeping this Island Earth. Inflation, deflation, CDS, World Reserve Paper Currency Notes, who owes what to whom, and on & on it goes & where it’s going know no one, knows?
The Chinese know! The Chinese know many things. Like who beat them down during both Boxer Rebellions, how HSBC Bank is known inside China as Dope Incorporated for all the money laundering it did during the Opium Wars orchestrated by Britain … oh, and who offers protection to their breakaway province, Taiwan. We Americans tend to think of our Western World, but the Chinese World existed thousands of years before The Eternal City was founded on the Tiber by those too famous teat sucking twins. The Chinese could care less about the Tiber, the Seine, the Mississippi, or The PIIGS. The Chinese have figured out that the world reserve paper currency note, a.k.a. the United States Federal Reserve Note, is a fraud, a paper tiger, a toothless hag. Currency War, currently the #1 best selling book in China, tells it exactly like it is. America and China are in an economic war being fought with bullets, bullets made of paper printed by The Federal Reserve. The wily Chinese are in a buying frenzy, securing mineral rights all over the globe, funding water projects in Africa like there is no tomorrow, spreading good will with … their massive amount of world reserve paper bullets, a.k.a. Federal Reserve Debt Notes. The Federal Reserve is the Big Lie and it is printing America into oblivion with their weapon of choice, the printing press. China knows this is their Century, the war theirs to be won.
Paper currency always returns to its intrinsic value … zero. – Voltaire, French Philosopher, 1694 – 1778