Renminbi: official currency of China
By JG Vibes
Intellihub.com
August 7, 2013
According to the Hong Kong magazine Frontline, a Chinese political news source, the Chinese Communist Party will collapse entirely by 2016. According to the report, this collapse will be triggered by the reverse in cash flow that is currently taking place in the country, with large sums of money actually now moving out of China.
If this truly is the case it could be entirely possible that China is just the next stop on the central banking looting spree. Regardless of the background politics at play, there are many indications that China will be going down with the US Dollar, the Euro and the rest of the world economy.
Of all the challenges facing China the most dangerous three are the real estate bubble, shadow banking, and local government debts, because of how pervasive and large-scale they are, says Dr. Frank Tian Xie, a business professor at the University of South Carolina Aiken.
It is important to remember that a collapse isn’t always a bad thing, sometimes this is just what the people need in order to topple an authoritarian regime. This situation gives the general population an upper hand that they wouldn’t usually have. Also many times the population needs to see a regime fail, in order to cut through the propaganda so they can understand that they are are being oppressed. The report also mentions that corruption will play a vital role in this collapse, which again ties in with the idea that maybe the people will be better off without the current power structure.
Although it has been unreported in the media China has been experiencing large strings of protests, riots and revolts. China may have a reputation for being the home of some extremely obedient people, but many westerners would be surprised to believe that there is far more defiance and resistance in a place like China than there is in the United States.
Earlier this year thousands of people revolted in China smashing police cars and overturning police vans, after a checkpoint caused an accident and the ambulance took over an hour to arrive.
From all accounts it seems that the local police had some sort of racket going on, and were stopping citizens to make sure all of their papers were up to code.
It has even been suggested that these police were forcing fake registrations on the people to collect extra loot on top of their already astronomical pay from the state.
When a car tried to run away from one of these checkpoints to protect themselves from the police, they were chased until a crash occurred.
After the crash onlookers gathered and many called for an ambulance, but for over an hour there was no response.
What has obviously happened here is that the onlookers saw that one of their neighbors was being attacked by the state, and they rushed to that neighbors defense.
In areas as repressive as China the tempers of the people are always just below the boiling point, waiting for something like this to happen at any moment.
Last year in China one family actually refused to leave their house when they were told to move so a road could be built through their property. In response the government surrounded their house with a highway and threatened to tear it down until they eventually gave in. Now many residents living in areas that face similar problems are beginning to fight back against this land theft, and share their stories with the world.
There have been many other circumstances where villagers have fought back against having their land seized through imminent domain.
According to the Epoch Times:
A mass protest by villagers in the south-central province of Hunan is the latest of several similar incidents drawing attention to land acquisitions for development projects being exploited by communist officials.
More than a thousand Hui Muslims from Pingfeng Village, Shaoyang City, protested in front of the municipal government building on Feb. 25, demanding that authorities hold the relevant officials accountable for a recent land acquisition during which villagers were attacked with batons.
One of the villagers, Mrs. Ma, told The Epoch Times that the protesters held up banners and photos taken of the villagers being beaten. “We waited for over an hour and no officials came out to meet us, so we went into the office building and were met by at least a hundred police. Then finally an official came out to meet us.”
The protestors stated that the land was forcibly taken, and more than a dozen people were injured. Supported by the villagers, the families of the victims demanded that the municipal government investigate the local law enforcement department and punish the perpetrators. However, they were told to wait for the outcome of the government’s investigation.
According to Mrs. Ma, the beatings occurred on the morning of Jan. 10, when over a hundred Shuangqing District government staff members, policemen, and urban management officers arrived in police vehicles, and commenced a hostile land acquisition. “They came to the village and beat whoever spoke up with police batons, injuring 14 people; seven were even hospitalized,” she said.
In addition to the political and economic concerns that come along with communism, there are also issues with the massive amounts of pollution,censorship and many other issues surrounding the ever present police state. All these factors and more could play a role in the demise of the current Chinese regime, and this is actually a possibility that is more realistic than most people think.
Sources:
^http://www.theepochtimes.com/n3/232752-china-and-party-will-collapse-by-2016-says-hong-kong-media/
^http://www.cbsnews.com/8301-505245_162-57551700/thousands-of-chinese-protest-smash-police-cars/
^http://www.theepochtimes.com/n2/china-news/chinese-villagers-fight-land-grab-by-officials-working-with-developers-354183.html
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J.G. Vibes is the author of an 87 chapter counter-culture textbook called Alchemy of the Modern Renaissance, a staff writer, reporter for Intellihub.com and Executive Producer of the Bob Tuskin Radio Show. You can keep up with his work, which includes free podcasts, free e-books & free audiobooks at his website www.aotmr.com
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