Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

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

© 2005-2022 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