While Obama Fiddled, China Took Over the World Economy, Russia Takes ISIS Action
Obama, the worst President in history has had a bad month, China, first market to crash, last market to enter the currency war has stolen the lead in terms of the world’s most important economy.
Investors around the world now wake up and immediately check whats happening in China.
So what is happening in China? China realized the world was in a bubble, it planned a market contraction, it devalued its currency and China will be stable when the rest of the worlds markets tumble.
Global recession is music to China’s ears, when do people start buying cheap products “Made in China” soon as things look bad, and things do look pretty bad, except in China, an economy that will grow at 6% per annum for the next decade.
If it wasn’t bad enough China outsmarted Obama in the Economy, Putin just jumped in to save Syria from ISIS.
U.S. officials said Russia sent two tank landing ships and additional cargo aircraft to Syria in the past day or so and deployed a small number of naval infantry forces.
The U.S. officials, who also spoke on condition of anonymity, said the intent of Russia’s military moves in Syria was unclear. One suggested the focus may be on preparing an airfield near the port city of Latakia, a stronghold of Syrian President Bashar al-Assad.
U.S. officials have not ruled out the possibility that Russia may want to use the airfield for air combat missions.
U.S. Secretary of State John Kerry spoke to his Russian counterpart for the second time in four days to express concern over reports of Russian military activities in Syria, warning that it could fan more violence.
The White House said it was closely monitoring the situation.
Russia says the Syrian government must be incorporated into a shared global fight against Islamic State, the Islamist group that has taken over large parts of Syria and Iraq. The United States and Assad’s regional foes see him as part of the problem.
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