China

The Pentagon needs to have external “threats” to justify its huge budget. U.S. Generals are looking beyond the planet and at the boundaries of outer space and the security of their space assets. They fear Russia and China might have plans to attack U.S. satellites. Sputnik reports: “Adversaries are developing kinetic, directed-energy, and cyber tools to deny, degrade and destroy our space capabilities,” Air Force Gen. John Hyten, head of the Air Force Space Command, told the US House Armed Service strategic forces subcommittee on Tuesday.

The U.S. military will place large stockpiles of weapons in various countries bordering China, in a bid to prepare for a potential World War 3 scenario in the near future.  The Army will place munitions in Vietnam, Cambodia, the Philippines, and other “undisclosed locations” – as tensions between China and the West increase. Sputniknews.com reports: US officials state that the munitions caches, placed within areas China considers to be within its “sphere of influence,” are necessary to respond to regional “threats” by Russia and North Korea, and allow for more rapid deployment.

The U.S. army’s top General has said that America faces a very high risk of getting into a world war with Russia or China, and has warned that the military would be unable to cope in such a large-scale conflict.  Army Chief of Staff General Mark Milley testified on Capitol Hill on Wednesday saying that years of military involvement in Iraq and Afghanistan combined with budget cuts have left the U.S. military out of shape. Ap.org reports: Testifying Wednesday on Capitol Hill, Army Chief of Staff Gen.

PBoC governor Zhou Xiaochuan thought about it, and decided it’s probably not a good idea for borrowers to get P2P loans for down payments on homes.

In fact, he said last weekend, it’s illegal: “Funds used for down payments cannot be borrowed."

One of the biggest false narratives pitched by the mainstream to mitigate concerns about a global recession, is that even as China's massively overlevered manufacturing sector is careening into a hard landing, China's "strong" consumer base will keep the country's economy afloat (a narrative shared with the U.S.), even though as reported over the past weekend retail sales soundly disappointed expectations, while the latest proxy of China's consumer strenth, namely "record" box office receipts, was recently uncovered to have been - like everything else in China - mostly fabricated.