World Leaders Gather In Beijing While The US Sinks Into Irrelevancy

Authored by Wayne Madsen via The Strategic Culture Foundation,
Authored by Wayne Madsen via The Strategic Culture Foundation,
The Philippines' outspoken president Rodrigo Duterte got a glimpse of the true snarling, belligerent Chinese dragon hiding behind the cheerful, globalist Panda facade earlier this week, when in response to a claim that his country was prepared to drill for oil in a disputed part of the South China Sea, China's president Xi told him matter-of-factly that in that case he should prepare for war.
China's copy of Manhattan is no longer a ghost town, Bloomberg reports. But that doesn't mean it has forever forestalled a "day of reckoning" for its debt-fueled growth.
The following article by David Haggith was published first on The Great Recession Blog:
One month ago, China came "this close" to the one event which terrifies Beijing more than anything: a run on China's shadow banks.