We must understand that this economic crisis must move back in history, it will be difficult to see inside the key changes. So the crisis should be back from the Vietnam War from the beginning.
United States in the Vietnam War, was a substantial growth in demand because of the war made to benefit the U.S. economy. statistics, the United States 1965mm1966 two years, U.S. economic growth of more than 6%. but because of the Vietnam War, North Vietnam's support in the Chinese (the Vietnam War, Vietnam received aid from China as much as 800 billion Yuan, think about why China was self-defense against Vietnam War so hard? Ho Chi Minh City to China what to give what, do not turn against the United States after the withdrawal of identification. So, then reached the Chinese military assistance to Vietnam to move industrial equipment and are back), the war completely into a stalemate, the United States increasingly heavy defense spending, the economy was gradually drawn into the quagmire of .1967, the U.S. economy more than 6% from the previous year's GDP growth rate plummeted, with only 2%. Moreover, Since then the U.S. economy slide into recession. From December 1969, the United States began the outbreak of a new round of economic crisis, .1970, the U.S. economy is stalled.'s new president after Richard Nixon was elected in 1968 actually began the withdrawal of the preparatory work, in the 1973 Nixon in office, he finally completed the withdrawal of troops from Vietnam.
hit the U.S. this time, a sense is a blessing in disguise. because it is the United States into a quagmire in Vietnam and ultimately failed, led West and the East the pressure drop, and so is the direct result of conflict in the Soviet Union began to intensify, and eventually the formation of Sudui Li. Later, as the complete withdrawal of U.S. forces in Vietnam, there is no pressure on the former Soviet Union have begun brazenly In 1973, positive supported by the former Soviet coup in Afghanistan and the eventual regime change. But the new government took office and did not take orders from the Soviet side, but directly backward U.S., this has enraged the Soviet side, and finally in April 1978 launched another round of coup, coup fully backward this time, the Soviet side. However, a series of make Afghanistan into a Soviet satellite state of the practice, sparking a rally in the Afghan people (actually behind the United States dictates, which is between the great powers third countries fight, then normal, however, now also been performed, for example, the Kyrgyz coup earlier, re-election of Ukraine, etc.), and finally large-scale emergence of a national uprising. In this case, the Soviet authorities In order to keep their business for many years in this country control over the decision to send troops to intervene directly. Failed a copy of the U.S. war in Vietnam started! because, like the United States into the quagmire of the Vietnam War because the North Vietnamese as a major power behind (China), former Soviet Union, the war in Afghanistan, the Afghan insurgents is a powerful United States behind.
years of war, directly caused the collapse of the Soviet Union's economy and reputation in the international arena (Afghanistan is a third world country, which is directly to the former the Soviet Union lost the support of third world countries) .1989 withdrawal from Afghanistan in February, more than two years after the disintegration of the former Soviet Union! this disintegration, is actually two camps in the Soviet Union against the failure of the Soviet side, the The result is the collapse of the former Soviet Union ended.
reason for the collapse of the Soviet Union, simply because three points: 1, over-expansion led to too many enemies, especially against the Soviet Union gradually after the collapse of the socialist camp makes .2, excessive expansion of the special Afghan war is complete collapse of the Soviet economy, and the planned economy of the Soviet Union itself repair capacity than the market economy, much less the United States. U.S. standard world currency, the U.S. has a strong capital market, which makes fruitful, the United States can make use of these amendments .3 interest, the Soviet Union after the failure of the war in Afghanistan, directly to the repair has been sufficient interest in the United States gave birth. This triple pressure, and ultimately makes the polar bear its own defeat, the collapse of the former Soviet Union night.
we come back that the United States. In Vietnam, the United States military, economic, political suffered heavy losses in all directions. In order to resolve the crisis, the United States in 1971 will be the final dollar and gold decoupling, making the United States can be done by issuing excessive currency out of the crisis. After the United States in 1973 and complete withdrawal from Vietnam, Vietnam abandoned piece of turf in South Asia. But it is the so-called lost in the east corner was Sang Yu, 1973 Middle East war broke out, followed by the outbreak of the oil crisis. In fact, the United States is the opportunity.
decoupled the dollar and gold, the United States already has a junk theory, the power of money. However, this power is subject to the control of resource prices that mm. because, if you can not control the prices of resources, then U.S. junk monetary resources will inevitably lead to rising prices, while the sharp rise in resource prices will not only damage the world economy, and it will backfire on the U.S. economy. Once the world economy into an uncontrollable cycle of the U.S. dollar's international status definitely suffer or even collapse. Therefore, the United States to achieve world trade, economic, financial, currency and a series of control must be de-linked the dollar and gold, get the pricing of resources. So, in May 1973, the world's top 84 financial and politicians gathered quietly to the door of the Swedish Wallenberg banking family island resort 索尔茨约巴登. In the vividly depicts the OPEC (OPEC OPEC) oil revenue growth of about 4 times there, when the 1973 Middle East war broke out, this is one of the best starting point.
1973 年 10 months, Egypt and Syria to the Israeli war. Iraq, Jordan, Algeria, Libya, Morocco, Saudi Arabia, Sudan, Kuwait, Tunisia and the Palestine Liberation Organization were to send troops or aircraft involved in operations in the Middle East war. this war can be said that the war turned the United States earned. In fact, the U.S. director of war is simply war planning, including the outcome of the war are within the control of the United States.
around the Middle East War, Washington and London, directed a series of secret planning of actions. which, by the National Security Adviser Henry Kissinger, Nixon established a secret diplomatic channels: the United States with a strong political influence and some related promises, successfully brought under control by the Israeli ambassador in Washington, Israel's external reaction. At the same time, Kissinger has also opened up with Egypt, Syria, channels of communication on key issues through the misinformation to the two intelligence and ultimately ensure that the war broke out, also contributed to the so-called OPEC oil embargo in the wrong direction.
According to U.S. intelligence reports showed that almost all Arab countries seized on the confirmation has already begun between officials of the intelligence gathering of war have been Kissin cell pressure down. what the outcome is very simple, the U.S. support of Israel won the war, Arab oil-producing countries because the oil out of a crisis, become the common enemy of world opinion. After a series of measures taken by the United States divided the camp of the Arab countries , under pressure and the temptation to split the Arab League final, part of the country poured into the arms of the United States. petrodollars this form, the pricing power of oil speculators on Wall Street also fell into the hands thoroughly. With oil dollars tied up, the U.S. economy seventy has gradually restored in the late end of .1982, before the United States completely out of the crisis!
this time the former Soviet Union doing? into the quagmire of the war in Afghanistan it! the United States at this time to recovery, the repair is a big country gave birth rate, and the former walking in the Soviet Union is being aggressive and malignant expansion of the road. In the U.S. economy during the restoration of Israel and in June 1982 and launched on the fifth Middle East war. the war, making the Middle East and Arab countries to split completely into . In a sense, this is to divide the Arab countries the United States in a war. the interests of Israel, said that this is safe! from the U.S. perspective, U.S. oil safe! control of all of them in the United States. And the next goal is to rival the former Soviet Union!
therefore, the Afghan rebels in access to more and more U.S. support, the former Soviet Union, more and more difficult war in Afghanistan, the former Soviet Union into a Vietnam-style quagmire, the United States without know it. So, a few years, the former Soviet Union's economy is getting worse, more and more internal conflicts intensified, eventually had to withdraw from Afghanistan in 1989. withdraw from Afghanistan more than two years, the World War II Xiongbayifang the empire disintegrated.
United States in the eighties also did a what? led Western allies, forced the Japanese in 1985, signed copies of the results of a seven thousand seven hundred eighty-eight ransacked. Japan this decline, losing ten or twenty years, is lost to the third decade ahead! and originally, Japan is like a large capital markets through the gradual establishment of the economic hit from the collapse the United States. But imagine that a lack of political, military, economic range of the absolute sovereignty of the country, how could compete with its master?
the Soviet withdrawal from Afghanistan, basically in the last legs, leg to stand on the state. the United States, the complete loss of the opponent. looted after the U.S. economy, Japan has been valiant in high spirits. At this point, the meat home again, greed under Saddam Hussein in the United States feel more and more well-armed, and finally too good self- makes it feel the acquiescence of the United States have a strategic misjudgment mm invasion of Kuwait. In a sense, Saddam was self-inflicted, Saddam tried to help expand American power (in fact, after the Iran-Iraq war, has begun to alienate the United States in Iraq U.S. Congress some influential members have begun to include the poor state of human rights in Iraq, Iraq of its weapons and equipment and its rapid strengthening issues such as Israel's hostile attack on Iraq. But Saddam did not listen to Congress remarks on behalf of the U.S. government, while his family and the Bush family, the so-called personal relationships are too confident that the U.S. will eventually acquiesced in the invasion and occupation of Kuwait), and ultimately to increase their bargaining chip in the countries in the Gulf. This force eventually bound to challenge to the status of oil dollars. As a result, Americans will be counted on the meter, will be pushed into the abyss of Saddam Hussein. Saddam's family, in the U.S. in the 21st century after the war in Iraq is basically dead! it to this point, we can see the strategic error how much damage contractors, not only ruin and death, even death of the States! Iraqis became conquered people, the people in dire straits. dressed in Western democracies coat of Satan, how absurd and frightening.
1990 年 8 1 May, Iraq Kuwait broke up around the oil issue. August 2, Iraq invaded Kuwait and quickly occupied the whole territory of .8 7 May, the U.S. military to move into Saudi Arabia January 17 In 1991, the US-led multinational forces bombed Baghdad, the Gulf War the outbreak of war in the same year on February 28 over. Since then, the United States through the United Nations launched a series of sanctions against Iraq and, ultimately, the Iraq war in 2003, the occupation of Iraq completely! these actions the United States, not only is a complete split in the Arab countries, and even have come to the territory it! Gulf War, the U.S. dollar and oil bound more solid. bundle of oil dollars, the total liberation of the U.S. economy, the U.S. is simply the golden age of the nineties, the Dow after the Gulf War above 3000 mark, and all the way to the beginning of 2000 Veuve Clicquot has been approaching 12,000, or up to 4 times! from the Nasdaq is less than 700 points in 1994, more than 5,000 points for six years, this is the famous Internet bubble burst. Of course, there is also after the full explanation of the factors, but which is the basis of oil dollars and complete bundle of factors.
strong dollar makes oil bound for several years the United States and moisture, but the U.S. economy to 1994 peak. Since 1995, the U.S. economy began to decline. the real economy can not, for the United States, the country has invested in fully saturated, it can only engage in a virtual economy. the first pull U.S. stocks to attract capital to the United States engage in a virtual world economy and attract the world's capital to enter the United States; a lot of money into the United States, launched a strong dollar, strong dollar go route, continue to attract international capital into the United States; pulling crude oil prices, pushed up developing economies to continue running costs, while accelerating the Middle East oil countries make take the oil capital to continue to the United States back! Just think, the first pull U.S. stocks, pulling dollar dollar of capital, so they are hunters who. And then who? In U.S. high exchange rate when the exchange went, and then Wall Street and in the high-access disk However, the influx of capital, so take the bull not only U.S. stocks, dollar take the bull! the same time, pushed up crude oil prices are also increasing the cost of the economic performance of developing countries. In fact, take a look at more than one year after the 1995 oil price movements, trend of the dollar index will find that they are strong! What is the reason? control reasons, the capital of the control! to 1997, the U.S. selected a robbery target, developing countries in Southeast Asia, Southeast Asia, this outbreak of economic crisis!
why the United States to scramble for the developing countries in Southeast Asia? strategy for the country! because capital flows in two directions, one into the industrial capital to developing countries, and the other is the flow into the virtual capital of the United States. It exists in two directions the nature of conflict, so the need for the United States this time a vandalism, more capital will be forced back to the United States. This time, the U.S. high-tech development to a critical moment, much-needed funds, if the large financial and foreign blood transfusion, technology is likely to fall short. Therefore, the robbery started that way. The robbery is not the most important fact is directly succeeded the capital, Soros is nothing more than direct those who succeed, the real fight for the Southeast Asian economic giant things, in addition to a large hot money a large number of industrial capital because of the fear of Southeast Asian economic crisis and massive withdrawal of U.S. hedge, of course, this is a bunch of American-made high-tech concept of the attraction. Correspondingly, we can see that the dollar index in 1996-1998 significantly rise, which is a lot of capital into the U.S. to leave the scene. Meanwhile, the Nasdaq boomed since 1996, until the Internet bubble burst in 2000, actually rose to a staggering 1,000 points from 5,000 points or more. that some robbery, USA 1997 years, GDP growth reached a staggering 4.5%, which is the best year of the 90's, and then stimulated in the high-tech investment, GDP growth for three consecutive years the U.S. economy more than 4%. what a great asset to be floating in so transferred.
2000, the Internet bubble burst, a virtual asset bubble burst, the U.S. economy was hard hit. But in this round of asset bubbles, the United States gain the commanding heights of the high-tech, high ground on this one allow the United States through the WTO's intellectual property protection in a massive and long-term income. Why rely on a software Bill Gates could become the richest man? not that the protection of intellectual property code? that relying on high-tech monopoly, as United States brought enormous wealth! eight hundred million shirts in order for Boeing, this fair? The so-called intellectual property protection, is the power to plunder between countries. In a sense, the law depends on the legislative game Who is who in order to protect! Therefore, a country who is the constitutional protection of their fundamental, it is time to amend the constitution must be noted. as long as the essence of the constitution is not changed, any other problems in the process of development theory In their wisdom can be corrected after opening. The essence of the constitution was changed once again to change back the difficulty is that a whole nation can be a purgatory.
In any case, the Internet bubble burst, the bubble is, after all, return to the United States massive accumulation of capital. So, at this time what the United States do not protect investors, but to use every way to the capital to the trap. United States to take the following steps:
first step: use almost rose up as fast as the Nasdaq index more than five thousand points from 1,100 points to play back, so that investors can not ship. This step trap a lot of capital, such capital can not escape, all of a sudden was palpable inside the. So, we see the result, although the Nasdaq bubble burst, investors suffered heavy losses, but such as Microsoft, Oracle, Hewlett-Packard, Yahoo and other companies still live very moist, has become the world's most powerful high technology companies. because of money financial hand, the compensation may not own, the investors, these high-tech companies earlier earned pours. this process, the Fed is raising interest rates to continue to deliberate through the bubble burst . The so-called Greenspan bubble growth, but that is a beautiful lie. this world, the state capital level players will not give up all control of the capital market. The U.S. versa! Moreover, the Federal Reserve, Wall Street would have is a group of people, Alan Greenspan, but it is their agent.
Step two: take the road of a weaker dollar. Although the Nasdaq is killed, buried a lot of capital, but the overall decline in the Dow is not If there is no further investment opportunities in the United States, the capital of the withdrawal or to withdraw. capital knows no borders, not to mention the Middle East, which borders the capital did not, even the Wall Street big capital are without a motherland, they only understand money, do not well they will also withdraw, as the United States is not quite down with their relationship is the relationship between the money. Therefore, the second step must be the nineties by the weak dollar these large capital inflows to cover in, so that they can not go out from the U.S. capital markets (From this perspective, the U.S. government and Wall Street is a common interest, at least half past one of Wall Street speculators will leave the United States nest). Just think, rushed to the original $ 1, and now in the stock market lost a part of the exchange rates impairment as part of another, no one wants to cut positions flesh out, not to mention the money in the United States or the value of so much money. So, if there is no particularly good opportunity, the capital was pressed into the United States, go on to become long-term long-term capital, rooting Le. From this perspective, China must follow, but the resources are not used as in the U.S., China has its own resources. This is something not to start here.
So, starting in 2002 U.S. dollar weaker dollar to cover the capital.
third step: take the bull market in the capital market (no matter how up, Nasdaq will go up.) Dow go bull market since 2002, has been cattle in 2007 subprime crisis.
three steps, the first step well understood, without too much explanation, the second and third step is extremely complex. It contains the Afghan war, the Iraq war and ironing Greenspan level economic trends. In fact, the excessive greed of the United States, and economic trends, Greenspan tried to iron out the the future will be nailed to shame! history, will give the most fair assessment Greenspan! So, those who Alan Greenspan as a man of God, you have to own their first nail in the shame!
United States take a very good understanding of the logic of the weak dollar, is by dilution to reduce balance sheet debt pressure, to obtain greater financing capacity (it plainly, is to leverage the use of capital in their control before the crash in the world their hands). Meanwhile, in order to further control the oil resources, to 9.11 in the case as a pretext to launch war in Afghanistan (before the war against Yugoslavia was to dismember the euro, which is yet another level, the limited space will not say . But there is one thing we need to know that the euro challenge the dollar in order to establish that, so the United States launched the war dismembered dismembered Yugoslavia, making European integration to a standstill, the euro and European integration are phased to a halt.) Afghanistan, the Middle East will land dispute is the hub of Asia, Europe and Africa. So, who controls Afghanistan, in fact, the Asia, Europe and Africa to control the throat, because once the Iraq and Afghanistan put together, it can squeeze Iran's living space, or even directly Iran won. Once in Afghanistan, Iran, Iraq, all fall into American hands, not just to control oil, but also stuck in Europe, Russia, the Americans say the world is not only considered those countries a chance to even the anti- no. So, win in Afghanistan, the United States soon entered the war in Iraq broke out again. war can spur economic growth, so the war of 2001, economic growth, effective immediately, by the 2002 GDP to grow 0.8% in 2001 to 1.6% in 2002 In 2003 Iraq war, the U.S. GDP continues to grow, this trend lasted until 2004, GDP growth of 3.6% (in fact, Central Europe and Russia in the U.S. fight in Iraq when Iraq has been in operation nuclear issue, because only this war can be pushed up the cost of the United States to Iran. In fact, now the focus of the game world on the nuclear issue in Iran. the Iranian nuclear issue is how the final solution will determine the ultimate power to). < br> However, the war, a lot of money, so we need to issue a large number of dollars, so the United States to continue to issue the dollar to continue to depreciate. The money is not enough, war inevitable high consumption, so ironing Greenspan called economic plan baked. that is, in the war at the same time, the Fed continue to lower interest rates as high as 11 times in 2001 to lower interest rates, from 6.0% interest rate raised to 1.75% within a year. Meanwhile, the U.S. launched a special housing loan scheme for poor Through the purchasing power of the poor to advance economic growth (in fact, this point and let the yuan appreciate to advance China's purchasing power is substantially the same, but different way.) poor Americans almost without any guarantee for loans to buy a house (no guarantees, but the interest rate is much higher than the Fed discount rate, the so-called credit rating also), and because the property market speculation led to a very low discount rate of stir-fried, interim housing prices can offset this risk. Ever since, a large number of buildings is to unsecured form of loans sold to people who otherwise can not afford housing. In theory, the real estate bubble as long as not broken, and if the control of a reasonable size, this loan is not terrible. the reality on the contrary, the U.S. housing market prices, increasing loan size, while the U.S. government did not impose any control, but because the real estate investment to promote economic growth fueled temptation. U.S. authorities here certainly know the risks, so a new sub-loans to the core, after carefully packaged subprime financial products available, and a variety of ways and channels to the world financial institutions and investors to spread state sovereignty. This is the seeds of the subprime crisis.
U.S. Federal Reserve is actually a U.S. government issued debt way issue, that the U.S. government to issue revenue bonds as collateral, debt first by retail investors, such as sovereign wealth funds and financial institutions. subscription after the expiry of the remaining acquisition by the Federal Reserve, the Federal Reserve after the acquisition, and then release the same amount of dollars to the market. In this process, the U.S. government is constantly borrowing to play too, investors are borrowers, the Fed took the claim is enjoyed after the U.S. government and taxpayers pay the interest, but also can spit out to the market same amount of dollars. is to say, the Fed make someone else's assets to pay debt interest on U.S. taxpayers. So, this game is that the Fed will always make money, the U.S. government will never borrow; U.S. government debt is old debt make up new debt, but the actual not yet; results become: the Fed will always make money, the U.S. government will never owe. The Fed is the capitalists, the U.S. government is representative of the American people. think about cause and effect here, if the U.S. is over, the capitalists leave paper bag, and that American people? dire 啦!
However, in this world, any excessive greed will pay a price. The United States has over overdraft balance sheet makes less and less of American power (in that the taxpayer's ability to pay them the, Moreover, the United States are engaged in a rich foundation, do not pay taxes, the American middle class did not have increased ability to pay the following space), can not be quick war in Iraq and Afghanistan wars but also consumes a lot of resources. Meanwhile, Iran delayed can not win and can not get stuck on the United States put pressure on Russia and Central Europe. Finally, by 2007, due to the sharp rise in the Dow, the Dow had fitted into a lot of money around the corner, there is the urge to leave the United States. Just think, 90 red into the U.S. capital even after the Nasdaq crash was covered in, and then the dollar so they could not leave these capital gains, and if the Dow continues to rise, the capital of the first profitable, taking into account the prospect of the United States, how many capital because it is expected to withdraw from the United States? United States this is the virtual economy, where capital can withstand this withdrawal? This is America's most worried about! So in the end, this effort to iron out the economy, Greenspan had to once again pick up the additional interest rate weapon to puncture the stock market bubble, while accelerating the depreciation of the dollar, purpose is once again caught the capital. Therefore, the reality is that the sub-prime mortgage debt in the United States take the initiative to prick the bubble, which burst the bubble of the ultimate goal is to trap 90 rushed into the U.S. capital market has started to urge withdrawal of capital.
sub-prime, like a bomb detonated, wounding the others, but also let the world see the reality of the United States. sub-prime, is the Seven Injuries Boxing , not only for wound had hurt; wounding intentionally, hurt that he is helpless ah! So, after the various bailout policies have come, many countries around the world holding the rescue of their own money, only the United States to save their own The city, with other people's money. Even so, still fill the United States, the debt black hole. sub-prime crisis was due to the presence of the international game factors, the financial crisis evolving, and finally evolve into bond-style economic crisis is not over until now.
In fact, the crisis is not the final bill if the person is basically impossible to end the crisis is essentially a fight for hegemony in order to protect the United States, other countries to shake the hegemony of the war. The United States is looking to carry this debt The main crisis of the black hole to maintain hegemony, China is the best choice, since China has a large population, the demographic dividend with industrial upgrading, as well as the potential to be tapped, not to mention China in recent years has accumulated a large amount of capital, can take away those from China capital, while enjoying the benefits of cheap Chinese goods. So, the temptation to China, the United States engage in G2, it means China supports the United States continues to be the Boss, the United States to China the status of a second child, and then take the white freeload, the United States to spend money, China pays the bill! until the Chinese national power drain so far! that time, the United States can continue to look to the next object to be learned, such as India. However, when the Chinese to become a vampire sucking the essence and blood are the bladder, the Chinese people this utter friends. Therefore, China can not promise the end, so this great game played all kinds of variations on the version. For example, leads to the war in Georgia, the crisis leads to Dubai, the Greek crisis, and so on. but so far, the balance of power in all aspects United States still does not grasp the victory and hope, and as any party in Central Russia, the same for their own interests are in the game. In this square, in fact, inadequate response to the event of any party, may become the object of the other three divided . the world is so realistic and cruel. to see what the U.S. trumpeter! look at the drum for the trumpeter who cheer brainwashed! Do you think these people were sold to others also count the money for other people? sad!
In addition, Why is this so-called Master of Economics, Ph.D., professor, eight well-known economist, and so nonsense? In addition to problems is the head butt, we know the decision to head butt, but there is a brain washed, so much water. economy can not simply look to see the economic, historical picture to be opened to look for context, in addition to the economy will have to see the political, military, and the so-called historical materialism but also!
more than two in the morning, has finally finalized second! subversion of the above how much the mainstream view? his comrades, mutatis mutandis it. ins and outs of this crisis, basically clear. Who used to say so clearly over?
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