IT’S ALL ABOUT THE BENJAMINS … AND THE YUAN
|| By FITSNEWS || When he’s not busy bankrolling all sorts of liberal causes, billionaire financier George Soros is trading in some next-level GOP-style scaremongering.
Take notes, “Republican” fearmongers. This is how you do it …
“If there is conflict between China and a military ally of the United States, like Japan, then it is not an exaggeration to say that we are on the threshold of a third world war,” Soros said this week at the latest gathering of global economic elites.
You mean a conflict that starts someplace … like this?
Soros is pushing to permit China’s currency, the yuan, to become part of the International Monetary Fund (IMF)’s global basket – which includes the U.S. dollar, the Euro, the British pound and the Japanese yen. Previous efforts to include the yuan have failed.
What would happen if the dollar lost its reserve status? That’s a good question. One international currency expert at the University of California-Berkeley estimates it could cost America nearly two percent of its gross domestic product (which last we checked was already struggling).
Soros says China’s currency must be included … or else.
“Without it, there is a real danger that China will align itself with Russia politically and militarily, and then the threat of third world war becomes real,” he said.
Dude … really?
Look in the rearview.
Russia and China are already aligning … and our braindead foreign interventionism is egging them on.
So … is this “war” thing happening? Like … now?
We know earlier this week an American surveillance plane received repeated warnings from the Chinese Navy for flying over a disputed area of the South China Sea. And we know in response to that incident, former Central Intelligence Agency (CIA) deputy director Michael Morell told CNN there was “absolutely” the risk of imminent hostilities between the two countries.
“There’s a real risk, when you have this kind of confrontation, for something bad happening,” he said.
Duh … no.