Most Popular
1. Dow Max Drawdown Bear Stock Market 2022 - Accumulating Deviations from the Highs - 21st Feb 22
2.Putin Starts WW3 in Ukraine, Will Use Tactical Nuclear Weapons, China Prepares Taiwan Blitzkrieg - 28th Feb 22
3.World War 3 Phase 1 - Putin WINS Ukraine War! - 25th Feb 22
4.INVESTORS SEDUCED by CNBC and the STOCK CHARTS COMPLETELY MISS the BIG PICTURE! - 10th Feb 22
5.Will There Be A 2024 US Presidential Election? - 3rd Mar 22
6.Gold and SIlver, Precious Metals Sector Is at a Terrific Buy Spot - 6th Feb 22
7.Why Putin Wants the WHOLE of Ukraine - World War 3 Untended Consequences - 6th Feb 22
8.Dow Stock Market Expected Max Drawdown 2022 - 19th Feb 22
9.Stock Market Calm In the Eye of the Inflation Storm - 4th Mar 22
10.M = F - Everything is Waving! Stock Market Forward Guidance - 7th Mar 22
Last 7 days
How Low Could the Amazon (AMZN) Stock Price Fall? - 19th May 22
Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere - 19th May 22
Northern General Hospital Orthopedics Fractures and and Ankle Clinic Consultations Real Patient Experience - 19th May 22
Cathie Wood Goes All in on Teladoc, ARKK INSANE Noob Investing Strategy! - 17th May 22
This is Anything but Positive for US Housing Market - 17th May 22
What Should We Do If There Is No Fed Monetary Policy Pivot? - 17th May 22
All Possible Ways to Earn Free Litecoin - 17th May 22
How low Could the Amazon Stock Price Fall? - 16th May 22
Cathy Wood ARKK INSANITY There is NO Coming Back! - 16th May 22
NASDAQ 100 Stock Market LOWER LOWS & LOWER HIGH - 16th May 22
Sanctions, trade wars worsen US inflation - 16th May 22
AI Tech Stocks Earnings BloodBath Buying Opportunity - 14th May 22
Futures Contract – Trading Crude Oil With USO - 14th May 22
How to Get Kaspersky Internet Security for 80% Discount! Do not Pay Renewal Price! - 14th May 22
Sagittarius A* Super Massive Black Hole Monster at Centre of Our Galaxy REVEALED! - 14th May 22
UK Public Debt Smoking Inflation Gun - 13th May 22
What Happens When the Stock Market Dip Keeps Dipping? - 13th May 22
Biden Seeks Inflation Scapegoats; Gold Advocate Wins GOP Primary - 13th May 22
Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - 12th May 22
The War on Gold Ensures the Dollar’s Downfall - 12th May 22
Crypto Investors Stable Coins TERROR as Terra USD COLLAPSEs towards ZERO, Tether Next! - 11th May 22
INFLATION IS KILLING SILVER - 11th May 22
The Dominant Investing Theme of the Decade - 11th May 22
Is Bitcoin Headed to Zero? - 11th May 22
RECESSION RISKS 2023 - 10th May 22
The Future of the Dollar Seems So Bright It’s Blinding Gold - 10th May 22
Take Advantage When Markets Succumb to Fear - 10th May 22
How to Recognize a Less\ Than Obvious Opportunity (In focus: Corn) - 10th May 22
How to Ensure Financial Stability for Your Family - 10th May 22
The Stocks Stealth BEAR Market - 9th May 22
A Strengthening US Dollar Is A Double-Edged Sword - 9th May 22
Making Wise Investment Decisions - 9th May 22
Ways to legalize a Moving Company - 9th May 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Chinese Takeover with Free Trade Zones

Politics / Protectionism Jan 30, 2013 - 01:12 PM GMT

By: BATR

Politics

The long-term goal of Communist Red Chinese is to take over the wealth creation resources of the planet. The quasi merger between the authoritarian Maoists and the global capitalists plays out as a sorry act in the Beijing Red Theater. The performance designed to distract and confuse really has the destruction of Western economies as the climax. The sell out of the West, under the skilled dirty hands of Herr Heinz Henry A. Kissinger, is entering the final stages of a planned implosion. Now that the de-industrialization of America as described in the article, Free Trade Created the Chinese Model, has taken placed, the theft of our natural assets is the next to go. The Chinese exploits the use of U.S. Foreign-Trade Zones. A depiction of the function and working of such Foreign-Trade Zones follows:


"Other countries around the world have Free Trade Zones that are often confused with the U.S. Foreign-Trade Zones program. While there are similarities, the FTZ program is very different from other countries' Free Trade Zone. In a number of "free trade zones" in other countries – particularly those in developing countries – the sole benefit is the avoidance of internal customs duties on products that are re-exported from the Free Trade Zone. Often, the goods are not even allowed to be sold in the country where the Free Trade Zone exists. You often here these zones referred to as "Export Processing Zones". The U.S. Foreign-Trade Zones program not only allows the sale and importation of merchandise to the U.S. Commerce, but in many cases enables companies to reduce or eliminate duties on products manufactured for domestic consumption. This relief from inverted-tariff benefit is one of the key distinctions between the U.S. Foreign-Trade Zones program and other countries Free Trade Zone programs. Generally Free Trade Zones offer significantly less opportunity for benefits and tariff savings. As previously mentioned, in many cases you must actually export all the merchandise you bring into a Free Trade Zone (if it is a Export Processing Zone. In other cases, importation is allowed, but not manufacturing of merchandise. Under the U.S. FTZ program, companies can obtain FTZ benefits such as, duty exemption on re-exports, duty elimination on waste, scrap, and yield loss, duty exemption on damaged, or nonconforming items, reduction in merchandise processing fees (MPF) and brokerage fees through weekly entry, cash flow savings, and relief from ad valorem tax, and the previously described relief from inverted tariffs."

Watch the video, Chinese Move Into Foreign Trade Zones On American Land, for an informative discussion on the effects that allow wholesale entry of Red Chinese companies to operate on American soil.

A previous Jerome Corsi’s Red Alert is available on the WND report, CHINA INVADES U.S. WITH 'FREE-TRADE ZONES' which documents an additional twist to the economic treason that the political class is foisting on our country.
"A plan being pushed by the Chinese Central Bank would set up "development zones" in the United States that would allow China to "establish Chinese-owned businesses and bring in its citizens to the U.S. to work." Under the plan, some of the $1.17 trillion that the U.S. owes China would be converted from debt to "equity". As a result, "China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss." Does all of this sound far-fetched? Well, it isn’t. In fact, the economic colonization of America is already far more advanced than most Americans would dare to imagine."

Another Dr. Corsi assertion is outlined in the Market Daily News article; Does China Plan To Establish Chinese Cities And Special Economic Zones All Over America?

"A key argument of Corsi’s book, "America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty," is that China will not long continue to subsidize the Obama administration’s trillion-dollar annual federal budget deficits without demanding U.S. assets in return."
This same news account goes on to document many examples on auctioning off American assets to the Chinese Triad consortium of collectivists. Take the time to review the dirty deeds that passes under the rubric of Free Trade.

The terminal game is as simple as it is devious. China poised to play debt card – for U.S. land states the obvious:
"The basic idea is to turn Asian savings, China’s in particular, into real business interests rather than let them be used to support U.S. over-consumption."

Chinese cash reserves used to acquire real assets relies upon the "Interoperability Principle", the ability of diverse systems and organizations to work together. What a way to collaborate for the systematic economic liquidation of domestic property. A country that is debt ridden beyond servicing the obligation is already insolvent. What the Beijing regime is confirming is that U.S. Treasury Bonds are paper promises of default.

The People's Republic of China wants to own the business enterprises and not the liabilities of the Dollar. The complicity of the banksters that plot the convergence of the world economy under their monitory manipulation clearly understands that fiat currencies are not real assets. Their partnership with the imperial communists is shaping the model for the American continent.

Stripping of real property as a national resource is a key component in the shakedown and impoverishment of the United States. Financing the national debt has a much higher price than paying the interest.

Turning over operative control of the importation ports is not enough for the "Chinese Diaspora". They want physical possession of the title. Do not be surprised when the money centered banks pass on their ample portfolio of foreclosed property into a Chinese holding company in lieu of T-Bills.

The Foreign-Trade Zones are sentry outposts for the orderly transfer of wealth to the globalist cabal. This process has the full blessing of the criminal political class that masquerades as lawful public officials. America has been sold out to a foreign power that is the brainchild of our domestic traitors.

Source : http://www.batr.org/negotium/013013.html

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2013 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

BATR Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in