Posted 3 years ago on Feb. 29, 2012, 10:03 a.m. EST by humanityrules
This content is user submitted and not an official statement
How The Chinese Will Establish A New Financial Order
By Porter Stansberry
Wednesday, February 22, 2012
For many years now, it’s been clear that China would soon be pulling the strings in the U.S. financial system.
After all, the American people now owe the Chinese government nearly $1.5 trillion.
I know big numbers don’t mean much to most people, but keep in mind… this tab is now hundreds of billions of dollars more than what the U.S. government collects in ALL income taxes (both corporate and individual) each year. It’s basically a sum we can never, ever hope to repay – at least, not by normal means.
Of course, the Chinese aren’t stupid. They realize we are both trapped. We are stuck with an enormous debt we can never realistically repay… And the Chinese are trapped with an outstanding loan they can neither get rid of, nor hope to collect. So the Chinese government is now taking a secret and somewhat radical approach.
China has recently put into place a covert plan to get back as much of its money as possible – by extracting colossal sums from both the United States government and ordinary citizens, like you and me.
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