President Barrack Obama’s opulent tour of Asia this month included talks with South Korea over free-trade agreements. Those talks ultimately failed, Thursday, November 11, 2010, sending the bewildered president back home reinforcing to the world the weak hand America is now playing. This failed free-trade agreement between the US and South Korea is a continuation of President Bush’s failed efforts during the latter part of his administration to push through the deal.
Asian markets continued to gain ground as the veneer of confidence in the US dollar and Western finance in general peels and falls to the ground. The problem for the West is compounded by Asia and other exporters erecting barriers around their monetary system to prevent currency manipulation and speculation.
Respected geopolitical analyst, Dr. Webster Tarpley observed that Japan, South Korea,Thailand, and Brazil have begun to control capital and exchange rates to protect their respective markets. Thailand and South Korea in particular are considering Tobin taxes, essentially taxes to penalize the sort of short-term speculation that has created the current economic crisis in the first place.
Tobin taxes directly strip speculating investors the tools of globalist economic manipulation they have used with such great effect during the 1997 Asian Financial Crisis, and more recently in crippling European economies ahead of austerity and fire sales to pay back debt incurred by such wild (or engineered) speculation.
Protectionism runs contra to globalism, Tobin taxes the garlic to the banker’s vampires. With unified European markets looking weak relative to the more protectionist Asian countries, and Ireland’s government requesting a “rescue” from the IMF and EU, the peeling veneer of faith in the globalists’ system seemed to be falling and taking chunks of the wall with it too.
Then, almost as if on cue, North Korea, Tuesday, November 23, 2010, opened fire
on the South Korean island of Yeonpyeong, killing one South Korean Marine, injuring seriously several others including civilians and destroying homes located on the island.
South Korean, Japanese, and Chinese markets lost ground
on the news as investors peeled funds away to place them in “safer” locations such as the US Dollar, lending the temporary illusion of strength and viability to the globalists’ system during the initial phases of imposing crippling austerity on Ireland and sprinting through several more legs of their agenda.
Staged events, tipping off hot spots, and massive distractions, along with direct and proxy attacks on nation-states not playing well with the globalist agenda are nothing new. Color revolutions have plagued protectionist Thailand, now also considering Tobin taxes, since globalist minion Thaksin Shinwatra was ousted from power in a military coup.
Similar colored revolutions were stoked in Eastern Europe, and more recently in Iran.
North Korea, like a pre-US election Bin Laden tape, always seems to come through in a pinch for the globalist agenda. As reported in an Infowars.com article “North Korea: An Enemy Made in the U.S.A.”
by Kurt Nimmo, it was America itself who provided North Korea with its nuclear technology and ultimately responsible for the threat it has become today.
While Iraq was invaded and mercilessly plundered based on contrived evidence of possessing weapons of mass destruction, North Korea menaced the world openly by detonating actual nuclear weapons
during tests, and launching missiles
toward Japan, with all but superficial reprimands.
Indeed, North Korea acts more like a leashed attack dog, an agitator for hire in the Asian region, rather than a rouge nation. To maintain a Hegelian dialectic to keep US forces in South Korea, Japan, and ever creeping into Asia with globalization, and when the globalists need help with their agenda the most, North Korea seems to answer the call. With North Korea now menacing the South, perhaps continued talks
between South Korea and the United States will be more “productive” than the publicly failed talks earlier this month.