BBC missed this but luckily Peter Klevius is here to help - for free: From US' "exorbitant privilege"* 1944 to a stolen privilege** after the 1971 embezzlement coup d'état, which now because of China's success makes US a dangerous desperado.

* Instead of pegging all dollars to gold, US 1944 forced through that the world dollar should be pegged to the US dollar and the US dollar to gold. Moreover, the custody of the world dollar as well as over the US dollar was then handed over to a secretive undemocratic authoritarian dictatorship called the Feds, which criminal activity has been blessed by every US government since, simply because the Feds shut their mouths with fiat dollar the rest of the world had to pay for (US is therefore the only country that can prosper while having constant trade deficit).

** 1971 US criminally stopped pegging the US dollar to gold, which in effect meant that the world's biggest financial fraud ever started rolling - while poorer  people and countries had to pay the heaviest burden.

A gold (or any fixed) standard "is supposed to run by itself"* - that's why the world's monetary dictator, US Feds, has opposed it indirectly since 1944 and directly since 1971.

* Quote by Alan Greenspan. 

In the 1980's US occupied Japan produced more than 70% of the world's industrial robots (Sweden's Asea had most of the rest in cooperation with Japan), and was projected to surpass US as the world's largest economy. Japan also developed the best computers (incl. laptops) and an OS far better than Microsoft's. However, US used all its stolen hegemony means and its power as the occupier, to take Japan down in the 1990s. Today we have a ten times bigger unoccupied (except for Taiwan) meritocratic and with controlled capitalism integrated China whose talent pool and due technological superiority inevitably challenges US stolen dollar hegemony! This is why US now is the worst threat to a free and more evenly prospering world. Sadly, today Japan is a useful idiot "ally" in US (in vain) destructive and dangerous efforts to do the same with China as it did with Japan in the 1990s - together with EU. However, EU will soon realize it's a milk cow, not an ally for US. US panicked when EU and Russia increased cooperation - so US blow up the Nord Stream gas pipes and inflamed the war in Ukraine by threatening to place US nukes on Russia's borders.

Ignorant media people rant about "China never surpassing US", which is blatantly true if you use nominla GDP as a measure. China could theoretically under certain circumstances attain parity but never exceed US "nominal dollar GDP"* simply because the US dollar is its own peg!

 

The world's oldest paper money comes from China and is some 1,400 years old.

 

So why is this economic idiot (or worse?) at Oxford?! If he is an idiot he is of course
excused but his caricature of China seems more in line with $-thieve (since 1971) US
anti-China smear campaign than contributing to peace and prosperity.

Asked whether China's "cooling economy" can still overtake the U.S. in the coming years, University of Oxford China Centre economist George Magnus told Newsweek that since 2020, the gap between the U.S. and Chinese GDPs has widened from about $5 trillion to $10 trillion in nominal terms. "This as U.S. nominal GDP has grown at a compound rate of about 6.75 percent and China's at 6 percent. If this keeps going, China will never catch up the U.S.," he said.

"There's now a rising chance, I'd say, that the great crossover will not happen at all," Magnus said. Data from top financial institutions like the World Bank show the gap between the two largest economies widened further last year. China's economy was just two-thirds the size of its geopolitical rival, down from 70 percent in 2022 and 76 percent in 2021.

Peter Klevius: What absolute load of nonsense! China, the world's by far biggest manufacturer and technological innovator, with the world's largest market and talent pool is way agead of US - and accelerating! Magnus is totally missing the most basic, i.e. that nominal dollar GDP is now pegged to US Feds' stolen (1971) fiat dollar, i.e. no country can per definition surpass the peg, i.e. US, as long as trust in the dollar prevails, even without any US production whatsoever - because of US criminal deed when it divided (i.e. stole) the agreed* world currency in one fpr US and a separate for the rest of the world, while both are controlled by the secretive and undemocratic Feds! First the Feds pushed up the interest rate so to "plane" the shock wave inside US in a way that severely hurt the rest of the world. Already the original 1944 Bretton Woods agreement - not with the world but with US "allies" in a descending order - gave US an "exorbitant privilege" - instead of pegged to gold directly the world dollar was pegged to the US dollar which in turn was supposed to be pegged to gold - which US further abused through embezzlement so to be able to pay for its wars and arms/space race with Russia. And when France asked to exchange its dollars for gold as promised, the Feds ordered Nixon 1971 to tell the world that US won't pay its debt, and on the contrary would continue on the lucrative but deeply criminal path. 

* Over the heads of the rest of the world. And although UK was given the m,ost favorable position outside US, now the US per capita is some $86,000 while UK is $51,000. 

Comparison US vs China

Here's a similar economic idiot (or worse?).

Is Diana Choyleva, at Enodo, London, the worst financial analyst 2012-2021?

 For long she's got it 100% wrong about China. Tossing a coin would only be 50% wrong, right!

Comparison US vs UK

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

  U.K. gdp per capita for 2022 was $46,125, a 1.59% decline from 2021.

    U.K. gdp per capita for 2021 was $46,870, a 16.54% increase from 2020.

    U.K. gdp per capita for 2020 was $40,217, a 5.73% decline from 2019.

    U.K. gdp per capita for 2019 was $42,663, a 1.25% decline from 2018.

  

    U.S. gdp per capita for 2022 was $76,330, a 8.7% increase from 2021.

    U.S. gdp per capita for 2021 was $70,219, a 10.53% increase from 2020.

    U.S. gdp per capita for 2020 was $63,529, a 2.44% decline from 2019.

    U.S. gdp per capita for 2019 was $65,120, a 3.66% increase from 2018.

The religious tendency of US politics is the real danger

US Senate passed an important package of bills to provide military aid to Ukraine and Israel, which also included military aid to the island of Taiwan and a "divestment-or-ban" measure on TikTok.

During the process of passing these bills regarding geopolitical issues, it is worrisome that some US legislators have reemphasized God as a core Anglo-Saxon value, giving the bills a veneer of religious duty in order to win support.

When the Israel aid bill was being debated on the House floor, US House Speaker Mike Johnson disturbingly called for support with religious fervor, declaring, "We understand that that's our role. It's also our biblical admonition. This is something that's an article of faith for us. It also happens to be great foreign policy." He also told Newsmax last week that, "For those of us who are believers, It's a Biblical admonition to stand with Israel."

In a recent article, the New York Times said Johnson was shocked by the war stories he heard in meetings with Ukrainian President Volodymyr Zelensky and others, "all of it tugged at Mr Johnson's sense of Christian faith."

The religiosity of US politics and foreign policy is not a new issue, but at a time when the US is stepping up its forceful aid to Ukraine and Israel, and using legal programs to push China as its main rival or potential enemy, such statements fuel people's concerns about the dangers of a clash of civilizations in US global strategy.

Instead of achieving Washington's stated goal of maintaining a peaceful order, the use of religious beliefs to rally support will trigger a wider ethnic and faith-based divide, including within the US.

The framing of the Israel-Palestine conflict as a sacred mission by some US politicians has been a dangerous simplification of the Middle East issue, which is a complex mix of nationalism, territorial disputes, historical disputes and international law.

This simplification is not only intellectually lazy, irrational and short of the basic qualities required in today's world politics, but also diplomatically reckless and hegemonic. It reduces the richness and diversity of human civilization to a black-and-white narrative, which is bound to further destabilize the pluralistic international community under globalization and trigger a sharper clash of civilizations with the West.

The "clash of civilizations" theory, which gained popularity in the 1990s, suggests that the main sources of global conflict will be culture and religion. While this view is attractive because of its simplicity, it is also highly misleading. By transforming the complex, diverse structure of global society into a single, essentially antagonistic entity, it essentially calls for preparations for conflict that could ultimately make the prophecy a reality.

The push to pass the bills by emphasizing "common God" reflects a disturbing trend in American politics, that politicians lack a truly inspiring vision and have to cling to Anglo-Saxon white supremacist religious views to rally people.

This approach has also deepened the rift between groups of young Americans who are no longer as absolutely devoted to their religious beliefs as their parents were. One of the main reasons for the student demonstrations and protests that are currently taking place in the US is their opposition to the moral violations in American foreign policy.

From the demonstrations, we saw that the younger generation in the US is more inclined toward multiculturalism and supports equality and tolerance among different cultures, religions and races. This is a departure from the traditional values that place more emphasis on Western culture and Christian dominance.

This is, of course, why American politicians are raising the banner of God to gain support. They see change and realize what such change means, which makes it necessary for them to be more insistent in embedding a strong sense of civilizational superiority in national policy bills.

This trend reveals a deeper, more central and long-standing problem in US foreign policy: Washington's latent, hard-to-remove discrimination and even hatred of civilizations that are perceived as "other."

When US leaders use the flag of God to gain support for their foreign policy, they are bound to be biased, create more tension, force more countries to take sides and make it difficult for this pluralistic world to live in harmony. Politicians in Washington will eventually find that they will also lead the US into the trap of a self-fulfilling prophecy of a clash of civilizations with no end in sight.

The rottening West: US calls it "foreign aid" when it initiates and escalates the slaughtering of Russians and Ukrainians, while US clownish undemocratic* warmongering puppet slave Brexit-UK helps by stopping peace negotiations (e.g. Johnson when the war started).

* UK has for long been dictatorially ruled by an authoritarian party's with only a quarter of the seats according tp polls among UK voters - and the Tories' worst militant and warmongering wing (Tom Tugendhat, Alicia Kearns etc.) is only a minor part of the party! 

BBC doesn't accept a Jew calling Israel's war crimes genocide: The West's biggest fake media Goebbelian BBC on Wednesday 22:00 "news" corrected a Jew named Aron who defended the Palestinians and the protest at Colombia University in US and dared to accuse Israel of genocide excused by the 7 October attack.. According to BBC's female reporter "some listeners might take issue" with calling the slaughtering of 34,000 Palestinians genocide!

While China, far ahead of US, is developing silent and supersonic submarines* - as well as a system that can detect and follow any of US stealthiest submarines - UK is throwing its last money in the sea on threatening stone age projects like Aukus and Trident, instead of doing the right thing, i.e. cooperating with China.

* Because US aggression has forced China to spend more money on defense than it would otherwise have done! 

And the only beneficiaries is the military industry and people with stakes in it.

The biggest threat to European security since the end of the Cold War is dollar thieve (1971) US.

Undemocratic $-freeloader desperado US authoritarian dictatorship over occupied West and occupied Japan enriches only US.

What most people haven't realizedd, but US leadership sees clearly, is that China is already ahead* in all tech branches, and that the gap will accelerate to widen. 

* China's temporary shortage of today's "high end" chips from China (Taiwan) is due to US criminal actions, but will soon be replaced with mainland China's superior chips of the future, compare e.g. China's advancement with the world's first functioning analogue photonic chip which increases speed and reduces energy consumption in multiple magnitudes. It's ready for scaled up production.

So no matter how much China is "contained", the superiority of its products will inevitably leak out to people in the West - with due political consequences. 

Moreover, the share size and homogenity of the Chinese people - who btw, also possess the highest IQ* on the planet - is out of reach for rogue state US. And the "aging problem" will turned a no-problem because of the high speed of  Chinese AI applications.

* To understand this, please read Peter Klevius research on human evolution.

Whereas BBC is comlicit to genocide, Peter Klevius is called an "islamophobe" because he defends basic Human Rights against islamist sharia. However, Peter Klevius therefore also defends Palestinians right not to suffer occupation, ill-treatment, violence, war crimes and genocide* by Israel and its Western accomplices under $-freeloader US dictatorship!

* The downfallen West under the authoritarian $-freeloader and criminal embezzler (since the illegal part of money printing started 1971) US, is now an accomplice to a slaughtering of innocent people on a scale on the Rwanda genocide - with US weapon support instead of machetes. 

Terrorist state $-freeloader US (since its dollar theft 1971) cynically uses islamists as proxies for its own state terrorism around the globe - especially against China. And when these US backed terrorists raped, slaughtered, beheaded, burned alive etc. atrocities against civilians (incl. children and women) on an even bigger scale in China than in Israel, then US called the Uyghur perpetrators "freedom fighters" and accused the still alive Chinese victims for "genocide" when they imprisoned the perpetrators and started de-radicalization programs against sharia/jihadi Uyghurs instead of, as Israel is doing, slaughtering them and committing real genocide. 

However, when islamists don't fit US agenda they're transformed from "freedom fighters" to declared terrorists. And when US declares something then the rest of the West happily obeys the gang leader no matter how obviously evil the direction is.

Don't fool yourself! US (and its tiny militantly barking puppet Brexit-UK - which created the problem in the first place) has since 1967 actively participated in the genocide against Palestinians by giving weapons and military assistance to the war criminal Israel!

Deuteronomy 20:16-18 in the Bible: “You are not to leave even one person alive in the cities of these nations that the Lord your God is about to give you as an inheritance. You must completely destroy the Hittites, the Amorites, the Canaanites, the Perizzites, the Hivites, and the Jebusites, just as the Lord your God commanded you, so they won’t teach you to do all the detestable things that they do for their gods. If you do what they teach you, you will sin against the Lord your God.”

Just like islam itself could have been castrated from Human Rights violating sharia-islamism, instead of being supported by the US led West, Hamas - after being democratically elected by a wide margin in an election approved by EU - could have been dismantled in a process including a two state solution. Moreover, Hamas even asked for it and abandoned its 1988 anti-jewish charter. 

In the 25 January 2006 Palestinian legislative election, Hamas won 74 or 76 seats of the 132 seats in the Palestinian Legislative Council, an absolute majority. Fatah only won 43, four seats went to independents supporting Hamas. The elections were judged by international observers to have been "competitive and genuinely democratic". The EU said that they had been run better than elections in some member countries of the EU, and promised to maintain its financial support.[181] Egypt, Saudi Arabia, Qatar, and the United Arab Emirates urged the US to give Hamas a chance, and that it was inadvisable to punish Palestinians for their choice, a position also endorsed by the Arab League a month later.

After these elections, the Hamas leader sent a letter to U.S. President George W. Bush, declaring, among other things, that Hamas would accept a state on the 1967 borders including "a truce for many years." However, the Bush administration did not reply.[193] Early February 2006, Hamas also offered Israel a ten-year truce "in return for a complete Israeli withdrawal from the occupied Palestinian territories: the West Bank, Gaza Strip and East Jerusalem,"and recognition of Palestinian rights including the "right of return". But Hamas leader Mashal added that Hamas was not calling for a final end to armed operations against Israel, and it would not impede other Palestinian groups from carrying out such operations.

Polls conducted in September 2023 found that support for Hamas among Palestinians was around 27–31%, i.e. still enough to be the biggest party in most Western "democracies". However, it also revealed a de-islamization among Palestinians. Moreover, the worst atrocities

After starting the 2023 war, US pushed the European Parliament to pass a motion stating the need for Hamas to be eliminated. Hamas was accused of having committed genocide against Israelis on 7 October 2023.

It seems US could allow Israel even to burn all Palestinians if they liked to, but would caution to "think again before you do it" and "let food supplies in to those still alive". 

US has historically as well as now heavily subsidized Israel's armed atrocities.

Nicole Narea: US aid has helped build up Israeli weapons capacity, and human rights groups have documented incidents in which those weapons were used in the commission of war crimes and unlawful attacks in Gaza even before the war broke out. 

“We’ve called for all states to end all forms of complicity in those crimes, including suspending military assistance, so long as these crimes are being perpetrated,” said Omar Shakir, Israel and Palestine director at Human Rights Watch.

In a 2021 outbreak of violence, for instance, Human Rights Watch documented three airstrikes in Gaza in which 62 Palestinian civilians were killed where there were “no evident military targets in the vicinity.” Under international law, only military objectives — not civilians or civilian “objects” — can be targeted. In two of those attacks, American munitions were used.

“Although Israel now has its own arms and weapons industry, US military aid obviously still plays an important role, and we regularly see the US going even beyond its significant provision of military aid and upping the provision of services when there’s outbreaks of hostilities,” Shakir said.

That’s happening again amid the Gaza war. 

Israel may welcome that support as a “statement of diplomatic and political solidarity,” Beinin said, but “it won’t be critical in terms of what Israel is about to do now — unless they fire so many bullets that they run out of them.”

The show of US support could deter potential actors in the region who could escalate the conflict, such as Iran and Hezbollah, the Islamist militant group based in Lebanon. But it could also stir anti-US sentiment in the Middle East as neighboring countries witness the death and destruction wreaked by Israeli forces in Gaza.

“The tightness and breadth of this relationship … have made the US a target when faced with Israeli excesses,” Hanna said. “It is hard for the US to distance itself in any way from Israeli military operations.”

Peter Klevius: The basis for my aversion against Sionism and orthodox "monotheist" religions is the built-in racism and sexism, and due incompatibility with Human Rights.

Theocracies in the world today

The dictator ruled undemocratic Saudi Arabia was, like Israel, born a true theocracy.

Democratic Israel is entirely ruled by Zionist parties, and was born a true theocracy.

Democratic Iran has many religious officials in powerful governmental positions. The head of state, or "Supreme Leader" has - just as the theocratic Supreme Court in US - more power than the president. However, Iran wasn't born a muslim theocracy.

Democratic "in god we trust" US also has many religious officials in powerful governmental positions. The head of state, the 100% religious "Supreme Court", has more power than the president who is also always religious. While the US by some isn't considered a theocracy, it was definitely born as such. While the Establishment Clause of the Constitution mentions separation between church and state, this was simultaneously nullified with the establishment of the Supreme Court on a religious foundation. Moreover, shadow theocrats have infiltrated all systems of law and government and are rapidly regressing the rule of law in the US.

 

Partial and uncritical BBC which used to be so interested in Finland's militarization neglected this warning from Peter Klevius: Finland cuts hard in health and welfare, so to be able to pay criminal embezzlement desperado US for the world's most expensive military nuke attack program - and has no ultimate access or say* whatsoever.

* Finland is in the lowest tier in the F-35 program. Moreover, Finland has stupidly signed a DCA "agreement" which welcomes the worst warmongering stae in the world to secretly occupy huge areas of Finland for use that ultimately US decides - without having to inform Finland.

$-freeloader (since 1971-) rogue state (and now desperate because it knows China will beat it badly technologically and economically which will leave US in the dust and bankruptcy) US sticks to its guns and "allies" to prolong* its stolen dollar hegemony (see below).

* Ironically  the world's most expensive nuke attack program is part of a deadly nuclear weapons system officially called "life extension program"!

To understand the extreme downfall of the US led West just as an example consider: Today, in line with its usual fake media reporting, BBC repeatedly reported about 13 dead in Ukraine with long discussions etc. about more weapons - but not a single mentioning of at least 40 Palestinians (incl. many children) killed by Israel today! This pattern has gone on for half a year. 

US could of course instead have taken China's offered hand, but can't take the humiliation to be heavily downgraded and incapable of keeping up its thousand military bases around the globe, financial racketeering etc.  

Many countries have already realized that nothing can beat China's success based on meritocracy and controlled capitalism - plus the world's by far biggest organized pool of talent and market.

 

Peter Klevius wrote: 

 

The insidious illogic of US abuse of "allies" is made for the sole purpose of creating sanctions and tensions in US favor, i.e. to hinder China from eroding US stolen (1971-) hegemony that US has used to rob the world! 

How blindfolded - or fascist - has the West really become under its US dictatorship, when it under US command continues to support the most brutal and genocidal Israel regime that not only commits genocide in Gaza but also illegally occupies the West  Bank while murdering the Palestinians whose homeland it's supposed to be.

While China tries to build trust and bridges, the West under $-freeloader rogue state US influence and coersion, keeps spitting and smearing in a racist manner not seen since WW2  against a people!

 

China's Sui Wenjing & Han Cong win pairs gold in Beijing Winter Olympics 2022 to the tune of Bridge over troubled water.

Some anti-voices to the racist anti-China ranting on US controlled media. These voices are hard to find for the average web consumer who are drowned by anti-China smear.

Why we need to fight against Western anti-China propaganda. Peter Klevius correction: China is by far the largest economy in GDP (PPP). US stolen and inflated dollar economy (GDP nominal) has no relevance in comparing countries. 

Western liberal democracy would be wrong for China (video from 2011). 

British researcher exposes Western propaganda against China

How FREE are Chinese People?

 

Peter Klevius wrote:

Read Peter Klevius Origin of the Vikings from 2005 - now again available after Google deleted it 2014 and again in February 2024.

Read how climate change made human evolution possible in SE Asian volatile archipelago - not on a continent like Africa. 

Read Peter Klevius opposite reading and correction of Greenland data compared to researchers biased with climate hysteria.

Read how two craniopagus twins born 2006 solved the "greatest mystery in science" - and proved Peter Klevius theory from 1992-94 100% correct.

Peter Klevius has since December 2021 warned about US F-35+B61-12 tactical nuke plans against Murmansk and Leningrad. Only now one day after Sweden signed for Nato, US controlled media reported that F-35 was nuke certified - even though this happened already in October 2023!

Dollar thieve (since 1971) US utilized Finland's old "mongoloid complex"* (see more below) and Sweden's military industry. However, without first luring Finland out of neutrality** Sweden would not have broken its own "neutrality"**!

* After losing its war against Russia together with its Nazi ally Germany, Finland was forgiven its war debt to Russia and started rapidly prospering through commerce with Russia instead of war. Compared to US occupied Germany and Japan, Finland was only "occupied" with a YYA treaty which, unlike Finland's and Sweden's insidious new DCA treaties (which don't explicitly exclude US bring nukes) with US, didn't allow Russian military or its storage of weapons in Finland. As a non-slavic borderland to Russia while connected to the "West" via its history with Sweden, Finland has historically developed a "schizophrenic" view on Russia. As Peter Klevius wrote several decades ago, this became evident after WW2 when US arranged for the Olympic games to take place in Helsinki 1952 and Finland getting the Miss Universe title etc. in US efforts to destabilize Finland's relations with Russia.  

** Although both Sweden and Finland have been in close connection with dollar freeloader US, "neutrality" has had a valuable kernel which has benefited both countries and kept Russia less worried.

Finland's worst traitor (or simply just so stupid and easy to manipulate/corrupt?) former PM Sanna Marin should be jailed and tries for high treason instead of jet setting. Why? Because she as PM opened the disastrous chain of events which made Finland transferring from neutrality to US nuke attack platform and therefore also potentially targeted by Russian nukes. Although she didn't have the support from her party or the Finnish people in general, she participated in breaking with previous plan to cooperate on defense with Sweden incl. buying the Swedish Saab JAS 39 Gripen fighter jet. Instead she suddenly change everything by buying 64 nuke ready F-35 from US while at the same time starting negotiationns to join Nato. This happened long before the Russian invasion in Ukraine, which was orchestrated by US through a long period since 2014 and culminating in the threat to place US nukes in eastern Ukraine (via Nato membership) contrary to the Budapest memorandum.

 China spends 1.6% in defense while focusing mostly on satisfying consumers home and abroad with peaceful manufacturing!

Naive (?) Finnish army parrots US lies about Russia "threatening" to attack through Finland, Sweden and Norway - which scenario is so extremely stupid that a child could understand it when checking the map!  Hint, Murmansk is a sea port!

And here's an equally naive (?) Swedish PM shaking hand with the Devil's representative!

A similar but much more powerful bomb called B61-13 is already in the pipeline. US is busy making more dangerous bombs while failing in peaceful manufacturing.

 The U.S. Defense Department unexpectedly announced its intention to develop an additional variant of the B61 nuclear gravity bomb, to be known as the B61-13.

“Today’s announcement is reflective of a changing security environment and growing threats from potential adversaries,” said John Plumb, assistant secretary of defense for space policy, in an Oct. 27 statement. “The United States has a responsibility to continue to assess and field the capabilities we need to credibly deter and, if necessary, respond to strategic attacks, and assure our allies.”

The Pentagon acknowledged its hope that the B61-13 variant would help catalyze the stagnant retirement process of the B83 megaton gravity bomb.

“The B61-13 will provide the President with additional options against certain harder and large-area military targets, even while the department works to retire legacy systems such as the B83-1,” according to a Pentagon fact sheet.

Members of Congress have strongly resisted retiring the B83, claiming the largest bomb in the U.S. nuclear arsenal at 1.2 megatons is necessary to target hard and deeply buried targets. (See ACT, November 2023.) The Trump administration contributed to this resistance with the 2018 Nuclear Posture Review, which called for retaining the B83 bomb, rather than proceeding with its planned retirement. (See ACT, March 2018.)

But the Biden administration aims to follow through on the retirement of the B83. The megaton-class bomb is “of increasingly limited utility, and retiring it does not change the hard and deeply buried target set,” Plumb told Congress last year.

“The case for the B61-13 is strange,” assessed the Federation of American Scientists in an Oct. 27 blog post. “For the past 13 years, the sales pitch for the expensive B61-12 has been that it would replace all other nuclear gravity bombs,” as well as “cover all gravity missions with less collateral damage than large-yield bombs.”

The B61-13 would be deliverable by modern aircraft and have a maximum yield similar to the 360-kiloton B61-7 variant, a massive increase when compared to the most recent 50-kiloton B61-12. The B61-12 is scheduled for initial deployment this year, replacing the 100 B61-3/4 bombs believed to be stationed across Belgium, Germany, Italy, the Netherlands, and Turkey under the NATO nuclear sharing mission.

The Defense Department emphasized that the B61-13 would not increase the overall size of the U.S. nuclear arsenal. “The number of B61-12s to be produced will be lowered by the same amount as the number of B61-13s produced,” according to the Pentagon fact sheet.

In an Oct. 24 letter to Congress, the Energy Department officially requested to amend its fiscal year 2024 budget request to cover development engineering activities for the B61-13.

Congress Endorses New Nuclear Weapon

 

Peter Klevius wrote:

Saturday, January 1, 2022

Is this Finland's most dangerous man - or (hopefully) just stupid?

Read how climate change made human evolution possible in SE Asian volatile archipelago - not on a continent like Africa. 

Read Peter Klevius opposite reading and correction of Greenland data compared to researchers biased with climate hysteria.

Read how two craniopagus twins born 2006 solved the "greatest mystery in science" - and proved Peter Klevius theory from 1992-94 100% correct.

 Following the tradition of his mother who served in the Finnish army and chased the Nazi "allies" out of Finland, Peter Klevius, who was born long after, now defends Finland against a desperate* and therefore extremely dangerous and misery bringing dollar freeloader loser US invasion* and occupation* of Finland.

 

* Its dollar hegemony losing US has become a dangerous desperado because modern China has applied a "guarded capitalism" and an anti-corruption meritocracy stance that easily trumps US so called "democracy" (although perhaps not US anti-China demonizing), but more importantly China's super high tech acceleration is completely out of reach for US (or any of its "allies"/useful clients) who knows it and therefore behaves accordingly criminally instead of honestly facing the consequences of its dollar theft 1971, when US like a dictator violated the Bretton Woods agreement, which meant that instead of connecting the dollar to gold as a stable and fair world currency, it became connected to US trade and debt deficit (US is the only country that - thanks to its ongoing dollar theft - can prosper despite enormous trade deficit). The world-dollar became separated in a US-dollar dictated by US, and a rest-of-the-world-dollar, also dictated by US. The dollar rests on trust in a thieve, and when that trust starts deteriorating US bonds will get both negative nominal yield as well as a negative dollar value.

Finnish army proof of assignment to collect information about German Nazi soldiers in northern Finland 1945

After WW2 Kirsti moved to Sweden and, while working full time, founded a lively society for helping and entertaining Finns who immigrated to Sweden from the poor and war torn Finland. Kirsti also founded Tukholman Sanomat (Stockholm Newspaper).

 

 

Finland's president Sauli Niinistö asks for US nukes on the Russian border. Is he dement or something?!

 

 

 To be an enemy of US is dangerous - to be a friend is didsastrous.

For US only one thing matters - China.

So to be able to shoot Russia in the back with missiles planted in Finland, Ukraine, Norway, Turkey etc., US can concentrate on its main attack against China.

And this would be extremely dangerous for Finland. Even a child could tell.

US is rapidly both declining and getting more dangerous by the day because of China's technological and financial growth which has put bare the fact that US has been stealing money from the rest of the world since  1971 when Nixon signed the biggest financial fraud ever made on planet Earth.

 

"Americans"?! US isn't the American continents! Or does Washington Post mean that Cubans, Venezuelans, San Salvadorians etc.?! And what threat? Isn't US itself a much bigger threat. No, it's all about US fake economy and dollar printing that is now called "democracy" and "human rights". 

Anti-China smear campaigns; down playing China's success: calling education in China "genocide" etc. etc. .

 World economies (CIA World Factbook 2022):

1 China
2/3 US, EU
4 India
5 Japan
6 Germmany
7 Russia
8 Brazil
9 France
10 UK

China's real economic power is in reality much higher because unlike most other countries China can itself produce almost everything and at the most advanced level inside its own borders.

 

And here's US main in cheat we trust puppet

And what about the Uyghur non sense that US and BBC are faking - carefully checked by all the world's muslims top organization OIC which not only virited and approved of China's treatment of muslims in Xinjiang etc. but also credited the Chinese government fpr the way they did it.

 

Peter Klevius wrote:

Peter Klevius obituary over Finland's lost independence on "Independence Day" 2023. Why did PM Sanna Marin commit treason and sell out Finland's neutrality and Åland's demilitarization?!

December 06, 2023

As a PM Sanna Marin committed high treason by betraying not only her party but, more importantly, her country, and invited the most dangerous occupier, the embezzler and counterfeiter (1971-)  US which is about to lose its stolen dollar hegemony because of China's success - making it now a cunning global desperado!

Although Sanna Marin did it together with president Sauli Niinistö, everyone knew his position from long ago. So the disastrous Nato decision was a creime committed by Sanna Marin! Without her it would never have been possible. And do recall that her decision was made long before the Russian invasion against Ukraine's genocide against an ethnic group of its own population.

 

Peter Klevius wrote:

This year Peter Klevius cannot congratulate Finland on its traditional Independence Day because it's not neutral and independent any more.

December 06, 2022

Read how climate change made human evolution possible in SE Asian volatile archipelago - not on a continent like Africa. 

Read Peter Klevius opposite reading and correction of Greenland data compared to researchers biased with climate hysteria.

Read how two craniopagus twins born 2006 solved the "greatest mystery in science" - and proved Peter Klevius theory from 1992-94 100% correct.

US is the new Nazi Germany (and BBC is its Ministry of Propaganda* in the US master's delusional puppet state UK in line with Goebbel's approach) - albeit even more dangerous and devastating for the world! How long will people blink this open truth?! 

*  Now, and no later, time's up for whistleblowers within BBC to step forward to save themselves from the inevitable future "Nuremberg" trial when its master US goes down! BBC's consumer programs etc. are mostly safe but news and non-nature documentaries are filled with hate propaganda, often with a thin make up of s.c. "anti-racism" excuses - just compare how China and Chinese are treated , or just neglected.

 US started its proxy war against Russia 2013-14 and pushed Russia to war 2022 by threatening to place for Russia devastating new stealthy tactical nukes on the Russian border in Ukraine - and don't forget that just like US (together with its tiny UK puppet where councils and people already suffer under economic hardship while the government and its propaganda ministry BBC beg for even more money for militarism and war) is complicit to the genocide against Palestinians in Palestine now (and instead of bombing the perpetrator i.e. IDF, or at least demanding ceasefire, US - together with its warmongering UK puppet - bombs other countries it doesn't like), US participated in genocide against Russians in Ukraine and now uses Ukrainian soldiers as cannon fodder. And don't forget that UK after the Russian invasion, stopped ceasefire and peace talks which were already prepared and going on between Russia and Ukraine!   

Compare today's axis of evil (US/UK) with WW2

1933, Hitler announced that rearmament must be undertaken. A year later he told his military leaders that 1942 was the target date for going to war in the east. Goebbels was one of the most enthusiastic supporters of Hitler aggressively pursuing Germany's expansionist policies sooner rather than later. At the time of the Reoccupation of the Rhineland in 1936, Goebbels summed up his general attitude in his diary: "[N]ow is the time for action. Fortune favors the brave! He who dares nothing wins nothing."

This video should be the most viewed to understand why US became the evil of the world!

 The Nixon chock 1971 - the biggest financial robbery ever - and growing in enormity and danger by the day!

The Volcker shock 1979/1981 - how an economy professor reveals his ignorance about US evilness because of its 1971 financial theft of the world dollar.

And there are no mitigating circumstances but just the opposite, i.e. US has used its stolen gains from its financial fraud to cover up its crime and to invest its looted money in arms and wars.

US Fed rules supreme over the world currency US stole 1971, but only bothers about US - not what its behavior means for the rest of the world.

US stolen (1971-) gdp is also heavily inflated because of Fed's manipulations. Two natural elements of economy is inflation and trade balance. However, since 1971 both have been replaced by artificial ones dictated by US Fed.

 

And as US/CIA raped Finland with militaristic NATO (i.e. US) and US nukes (F-35 with s.c. mini-nukes), so does Finland rape the demilitarized Åland.

Finland's PM Sanna Marin warns (on order from US?!) countries to not trade with China – New Zealand’s largest trading partner. “We will see in the future that technologies and the digital environment will only be more in our societies than now, and we have to make sure that we don't have that kind of dependencies that becomes vulnerabilities and risks that will come to realise.

Peter Klevisu: Right! Stop your dependancy of the financial- and war-criminal US!

Peter Klevius to Sanna Marin: Are you dumb or corrupt?! If the former then you may benefit from these facts:

1. Everything that - since China surpassed US in economy and technology - now comes out from Uncle Sam's rottening mouth is the wording of a desperado who doesn't see any way out of its own criminal dollar counterfeiting (since 1971) other than trying to harm the challenger by using US financial and militaristic global hegemony and monopoly - and stupid poiticians of its "allies"/puppets!

2. According to several US made research the leadership in modern China has by far the best approval rating from its people compared to other technologically advanced countries. And it has nothing in common with North Korea but everyting with US' "ally" Vietnam (which is tiny and much less technologically advanced than China) when it comes to politics and government.

3. Chinese leadership has been by far the most successful when it comes to lifting people out of poverty and improving infra-structure, both at home and worldwide.

4. China has a privacy law that is equal to that of EU but makes US look like a Medieval dictatorship in comparison.

5. Islam's biggest and most important global organization OIC carefully inspected the alleged "Human Rights violations" and "genocide" against Uyghur muslims, and not only declared them totally unfounded but also credited the Chinese leadership for its treatment of muslims in China.

6. China has been most successful in handling Covid by offering (not commanding) a real vaccine to its people, and especially to those elderly who are vulnerable. That many elderly have been reluctant to take it has to do with Chinese traditions and suspicions due to the vaccine scandals in the West. And the reason the Chinese leadership didn't enforce vaccination was precisely because of the old Confucian tradition of respect for the elderly - which we in the West seem to have abandoned. The rigid Chinese lockdown was the will of Chinese people - not the "Communist dictatorship" as US/CIA steered media want us to believe. Against this background it's pathetic that Finland kicks out Confucian institutes because US ordered it to do so, but has no problem with islamist mosques and institutes paid by the islamofascist Saudi dictator family. And to top it all, now China, as the first country in the world, has developed a recombinant human monoclonal antibody vaccine that fully protects against all variants; uses own human antibody cells; has no side-effects; is cheaper then Western vaccines; and can be taken as a nasal spray - i.e. directed precisely to the first barrier of defense, which then goes farther and kills the virus already in the lungs.

7. China, according to US research, is now by far the world leader when it comes to R&D. Abandoning ties with China will inevitably lead any country incl. Finland into backwardness in the near future.

8. The only way for US to stop China from developing even further and faster is to start a war. That's why US makes every effort to subvert Taiwan-China and mainland-China ties, by supporting the the anti-China party against the pro-China party in Taiwan, as well as militarizing Taiwan itself and the whole of the East Asian territory, and even pushing for NATO extension against China. Do you Snna Marin want to support Uncle Sam's own criminal interests and starting one more war initiated by US?!

9. So dear Sanna, why did you choose Uncle Sam's nukes while abandoning China?!

 And the alleged "authoritarian censorship" in China pales in comparison with the West, and should also be seen against the background of US/CIA's continuous efforts to subvert and destabilize China. Moreover, see how US and its puppets brutally faked and distorted information about the opthomologist doctor in Wuhan who wrongly put on the Chinese social media Weibu that Covid-19 was the much more dangerous original SARS virus. After an hour he realized his mistake, and according to the law (as in all Western countries) spreading such possibly dangerous rumors made it necessary for the hospital to report it to authorities. However, after a couple of days the police just asked him to explain and then told him not to do it again. And after that he could in peace continue his work at the hospital without any kind of sentence or fine etc. So how does this fact as well as the fact that he could say whatever he liked on Weibu fit an "authoritarian dictatorship"?! But in the West he was "a suppressed whisteblower silenced by the Communist dictaorship". Similarly, when the unhealthy and dement former Chinese leader Hu Jintao got worse during the long lasting congress and was helped out, the Western media and especially BBC, desperately tried to make readers and listeners belive the poor man was "silenced" by the "dictator" Xi. Same story with the mentally ill "whistleblower" woman, and the "batwoman" etc. etc. the list could go on.

Peter Klevius wrote:

Tuesday, November 01, 2022

Finnish politicians and "experts" lie about US' NATO nukes straight in the face of the Finnish people.

 When Newsweek rightly pointed out that 'Finland May* Allow NATO to Place Nuclear Weapons on Border With Russia' it just repeated what Peter Klevius warned for almost a year ago when Finnish politicians made the disastrous NATO decision without asking the Finns.

* In fact it's inevitable that if Finland really goes through with this, then the road for US nukes is wide open, no matter if the nukes are physically there before a conflict or not.
 

Peter Klevius translation: American (sic) magazine reported about Finland and nukes - Aaltola and Stubb snarled: 'Humbug' (this was in regard of Newsweek's article - which isn't "American" but a U.S. magazine).
 

At the heart of US' aggressive nuke policy is the B61-12 Life Extension Program with s.c. low-yield (Hiroshima+ size) ground penetrating nuclear warheads, tailored for stealth attacks with F-35b departing from countries close to Russian or Chinese borders.

According to the Helsinki-based newspaper Iltalehti, the bill regarding potential NATO membership the Finnish government will put before parliament doesn't include any opt-outs for nuclear weapons.

Speaking to the paper, defense sources said Finland's foreign and defense ministers, Pekka Haavisto and Antti Kaikkonen, gave a "commitment" to NATO in July that they wouldn't seek "restrictions or national reservations" if Helsinki's application is accepted.

However, now the same Iltalehti has the nerve to call this information a "fake", and pretends to excuse the move by writing that 'Finland hasn't asked for nukes'. Well, if you sign with the Devil which clearly wants to utilize your position as a border against Russia, and which has produced more than 600 "mininukes" tailored for exactly those 64 F-35 you were cheated to buy instead of the Swedish ones that had for long been the plan, then only a fool or a deliberate lier/cheater would argue as Iltalehti does.

Here's Iltalehti's nutty "defense" translated by Peter Klevius:

Iltalehti's article doesn't argue that NATO plans to bring nukes to Finland. The article deals with information according which the government's bill doesn't explicitly prohibit this.  

'Iltalehden artikkelissa ei väitetä Naton suunnittelevan ydinaseiden tuomista Suomeen. Artikkeli käsittelee tietoja, joiden mukaan hallituksen lakiesitys ei erikseen kiellä tätä.'

Peter Klevius: I rest my case! Rest in US nukes, Finland!

 

Peter Klevius wrote:

Friday, February 25, 2022

Why did Finland suddenly jump for F35 instead of (as planned) Swedish Gripen? Because Gripen can't carry US new mini nukes!

 How stupid and dangerous can Finnish politicians be who try to push Finland into US extended nuke army (i.e. NATO)!

 US is 100% to blame for the Ukraine disaster as well.

STOP US (+ its Anglospheric puppets), the worst threat to the world right now!
This monstrous rogue state $-freeloading U.S.:
1. Is adding more than 600 nukes to its already more than 6,000.
Because of smaller size, better transportability, higher accuracy,
and US first strike policy (unlike e.g. Russia, China etc.)
the risk of use of nukes by US has dramatically increased
- especially considering the end of $-hegemony because of China
outperforming it in tech and healthy development.
2. US can at any time read and silence your free speech, or stop your
transaction - wherever you are in the world (except in China).
3. UK/AUKUS bought US mini nukes (e.g. for Trident) and NATO+Finland bought
F35 which can carry them.

 

 Peter Klevius wrote:

Wednesday, May 18, 2022

Shame on you Finland! Why risk yourself and others by defending a criminal* loser** like $-freeloader US (unless US causes a nuke war) against a certain winner like China?!

* 1971 USA robbed the world by cheating on its promise to keep the dollar connected to gold in exchange for the dollar being the world currency. In other words, all other currencies dropped compared to the dollar which now became a "schizophrenic" currency with an A-dollar in US and a B-dollar in all other countries. And although every country may print as much own currency they like, it comes with a cost it has to carry itself while the US dollar printing is paid for by the rest of the world. Only inflation is a risk for US - but not as much as outside US (except China).

** US has already lost its position as the largest economy to China, and is also fast losing in every high tech branch and science - while China is on its way up. This is why US so desperately tries to contain China and force other countries under US rule against China. However, ask youself which is better: Belt and road or nukes?

F-35A + B61-12 + NATO makes Finland a U.S. base for nuke threat/attacks against Russia - and ultimately China!

 The Finns are now lured into NATO when the West is collapsing. A combination of US influence and a longlasting Finnish mongoloid complex that they weren't Western enough. Finnish Russophobia started with the grim Finnish civil war 2018 influenced by the US led Red Scare campaign which is the promotion of a widespread fear of a potential rise of communism, anarchism or other leftist ideologies by a society or state. It is often characterized as political propaganda. The term is most often used to refer to two periods in the history of the United States which are referred to by this name. The First Red Scare, which occurred immediately after World War I, revolved around a perceived threat from the American labor movement, anarchist revolution, and political radicalism. The Second Red Scare, which occurred immediately after World War II, was preoccupied with the perception that national or foreign communists were infiltrating or subverting U.S. society and the federal government.

 

North Atlantic Aliance is turning into  US' South and East China Sea Sinophobia alliance.

How many Finns were aware of US true motives for pushing Finland into US militarism and nuke sphere for the ultimate aim to act as one tiny and helpless piece in US strategic and tactical containment of and attack on China? And how US uses its influence to corrupt politicians to betray their country and democracy.

Finland's young PM Sanna Marin rose to power thanks to US led/influenced World Economic Forum's "Young leaders" program.

A former Finnish PM Alexander Stubb celebrates that his long time wish for a Finnish NATO membership now comes true thanks to Russian invasion of Ukraine.

Peter Klevius wonders whether this was exactly what the US administartion also wanted - and even planned for. 

Finns are thoroughly brainwashed with US narrative while completely locked out from alternative narratives.

It looks like US has been mostly interested in arms race and miltary, financial etc. evil meddling in Europe while Russia's main interest has been to sell cheap gas to Europe.

A Norwegian intelligence report points to three reasons why Russia feels threatened, making the country’s nuclear deterrence more important.

Firstly, Russia claims NATO has changed patterns from normal patrols and intelligence gatherings to simulated attacks on Russian targets, including with strategic bombers. Part of the Russian narrative is that NATO is coming closer to its borders.

Secondly, Moscow accuses NATO of introducing new areas of warfare, like the use of digital operations and militarization of the space, potentially being used to attack Russian ballistic missiles before launch.

Thirdly, Russia blames the United States for undermining the global security balance and arms control treaties, by that pushing the world towards a new nuclear arms race.


After all, US isn't interested in "defending" Europe. US' main and only goal is to (again) attack and eliminste China becaus US dollar scum is coming home to roost any day now because of China's succes. US managed to keep a stagnating Japan at bay with the help of EU in the 1990s. However, China is some ten times bigger and growing.   

Chinese slave workers were brought to Finland from Russia some 100 years ago. They became part of the Finnish mongolid/russophobia racist complex.
 

Chinese slave workers brought to Finland via Russia.

Peter Klevius wrote 2003:

The Finnish/Swedish/European Mongoloid-complex
http://klevius.info/mongol.html?1076242540617

In 1952, only seven years after the end of Finland's disastrous connection with Germany in the World War 2, apart from having its first Olympics the nation celebrated the 17-year old Armi Kuusela's victory in the Miss Universe "beauty" contest, thus finally releasing the Finns from what was considered a traumatic connection with the East and its Russian/mongoloid inhabitants.

Interestingly enough it seems that the Finns express the most mongolic genetic profile of the Europeans. On the other hand especially eastern Finns tend to be more blond, more blue-eyed and to have the lightest skin color of all! Could that very fact be an effect of precisely that blend/traits from northern mongoloid people? I.e. that the most admired of "Nordic" features were inherited from the most unwanted direction? That the genetic blend happened to be especially sensitive to poor light conditions/folic acid intake etc., i.e. as an extra addition to the general impact of farming.

Also check out the Finnish "TAT"-controversy!

The Sami population inhabits an area (in Russia, Finland, Sweden and Norway) that is approximately the size of the entire Sweden (within Sweden about half the size of the country).

When the Swedish Prime Minister Göran Persson in 2004 held a conference on genocide, the only media that reported about the Sami protests against the decision not to include the native Swedes, seems to have been the Sami News.

Soft Genocide in Sweden (apart from the soft genocide executed by the Swedish legislator and the social authorities etc in matters of children)

 

 

 

Hint from Peter Klevius to biased fake media BBC: To avoid being a militant desperado threatening the world, Peter Klevius suggests US should devalue its domestic** dollar in accordance with a reversal of the 1944 Bretton Woods "agreement"* and due crime committed 1971!

Read Peter Klevius Origin of the Vikings from 2005 - now again available after Google deleted it 2014 and again in February 2024.

Read how climate change made human evolution possible in SE Asian volatile archipelago - not on a continent like Africa. 

Read Peter Klevius opposite reading and correction of Greenland data compared to researchers biased with climate hysteria.

Read how two craniopagus twins born 2006 solved the "greatest mystery in science" - and proved Peter Klevius theory from 1992-94 100% correct.

* The result would be something like the hyperinflation in the German Weimar republic. And unlike back then, wealthier people wouldn't have the time to exchange before the crash. Since 1971 (but starting to accumulate already in the 1950s) there's an extreme imbalance between US (negative) net international investment position (NIIP), and the accumulated US REAL current account deficit. Despite a deeply negative NIIP, the US income balance is extremely positive, i.e. despite having much more liabilities than assets, US income is way higher than interest etc. expenses. This goes beyond logic and is explained by US in fact counterfeiting its wealth, i.e. stealing, because when a counterfeiter uses false money, someone else has to pay. 

10 Billion nominal for a stamp was what Germans had to pay during hyperinflation caused by the dirty game played by US/UK in the Versailles treaty which set the seed for WW2. But when the embezzled chickens are coming home to roost they are all made in US!

** In Bretton Woods 1944 US pushed through what became a bi-dollar world, with a "supreme" dollar for US, and a B-dollar for the rest. Instead of pegging all dollars to the same reference (in this case gold), US bullied, manipulated and forced through that the B-dollar should be pegged to the US dollar which then should be pegged to gold, while US (Feds) should have the sole right as the guardian of the global dollar system. And this came handy as the Feds organization is such an obscure and undemocratic creature from 1913 that completely blurs the line between itself and the rest of US - and the world. However, those with US interest don't care as long as this illegal monetary mafia spits out counterfeited but still usable dollars. And because $-freeloader US can print as much dollar it feels for, then US administration can also utilize this fact together with US total control over World Bank and IMF, by cherry picking whom to give dollars so that it fits US interest. E.g. Afghanistan pushed US out, then as retaliation US blocked the money flow to Afghanistan, which resulted in the more conservative Talibans taking over and reducing women's emancipation, which fact then, in turn, was used by US as a reason not to support the usual money transfers to Afghanistan - and BBC happily avoided to mention it while instead repeatedly ranting about how Afghan women suffered "because US was pushed out".

Peter Klevius on why $-freeloader US is the by far biggest* threat to peace and prosperity around the world. A little child could understand it - if given the facts, and not blinded with "red scare" demonizing against a China that stands in the way for rogue state US possibility to continue its dollar crime.

* US uses its stolen dollar hegemony to control and manipulate the world in its own favor. Do recognize that US has been heavily involved in initiating most major conflicts - incl. Ukraine. Without the threat of US nukes Russia would never have invaded. This also includes the annexation of Crimea where US had threatened to place its nukes against Russia. However, because of Russia's invasion in Ukraine 2022, criminal $-freeloader US (since 1971) got everything it wanted while Ukraine, Russia and EU suffer! And although China has tried to keep a low and neutral profile, it now realizes that the threat from US against China is real and unavoidable without an effective "deterrence".  

Peter Klevius bomb for peace*: Because the undemocratic and secretive US Federal Reserve (aka Feds), not the people, is the real power in US, it should be the target for deactivating US continuing embezzlement fraud and due militarization. It's not a "strong dollar", it's a stolen dollar that US has eroded to the core!

* Nixon's dollar theft 1971 combined with US peculiar, undemocratic and secretive federal reserve system, obscures for most people the magnitude of US financial fraud and its now desperate situation because of the very existence of the modern mer9t0cratic and "guarded" capitalist China which unwittingly is eroding US false aureole and reveals the underlying desperate pirate gear of a desperado who now tries to demonize, bribe, corrupt and shoot itself out from the global court room and an inevitable bankruptcy when the trust in the unpegged stolen dollar expires.

 

Many Afgan women's dream is to be treated like Uighur women in China. However, the criminal militaristic war mongering rogue state U.S. abandons them and instead declares islamist Uighur terrorists not terrorists anymore and accuses China's emancipation efforts for "genocide" and "human rights violation".
 

US rotten "rules based world order", aka its "exorbitant privilege" to milk and rule the world with the extremely unfair Bretton Woods "agreement" 1944 and its further step into open criminality 1971 when US became an openly embezzling dollar dictator. With the Bretton Woods "agreement" US would not face a balance of payments crisis, because its imports are purchased in its own currency - which makes US the only country able to prosper on the behalf of others despite continuous trade deficit. However, the illogic in the skewed "agreement" of 1944 meant that the increase in dollars used globally would have needed a corresponding global devaluation of the dollar. However, US didn't allow it because it rather preferred to use its "exorbitant privilege" for wars and arms/space race. And when US eventually was forced to devaluate the dollar 1971 it did so only with the dollars outside US - which then constituted the biggest embezzlement fraud ever.

* UK's Maynard Keynes opposed it but UK was then bribed by getting the next favorable position after US - which explains why France was the first to start complaining about the "exorbitant privilege", and ultimately demanded its gold back, which triggered the "Nixon chock" 1971.

US Feds is the unelected world dictator that covers up the world's by far biggest financial fraud ever on planet Earth.

Like a growing cancer, dollar thieve US uses its stolen money to expand and militarize the world in a pattern which includes the absolute majority of all the world's wars and conflicts in one way or another. And the peculiar concept of "deterrence" is only applicable to defense, not attacks - and US is clearly an attacker and China is its main target. And as US couldn't let Germany/EU stick together with Russia - because that would also have altered US hegemony -  US had to pick either Russia (Trump) or EU (Biden) against China. However, China is by far the main challenge to disturb US stolen hegemony. And when all sanctions, demonizing, meddling etc. isn't enough US prepares for war against China with all means possible. It's not mainland China that has caused tensions on Taiwan, it's from scratch US. So China needs "deterrence" - not US or its "allies". Moreover, whereas dollar embezzler US (since 1971-) has a clear motive to protect its criminal behavior, China has no such motives at all but on the contrary, has all to win with peace.

Why can the U.S. confidently “print money” for free, but other countries cannot do the same?

Ian Shepherd: The short answer is because the U.S. dollar is the global reserve currency. In other words, most countries and companies from other countries usually need to transact business in U.S. dollars, making them exposed to the value of their currency relative to U.S. dollars. The United States and the Fed in particular, doesn’t face this currency risk. Some contend that the United States is at risk to other countries, particularly China, not buying treasuries, or even aggressively selling the treasuries they already hold. At least in the short-medium term, the Fed could directly purchase all of the treasuries the Government issues. Under worse case scenarios, the banking industry would contract. Nevertheless, the United States should be in a position to fund itself for a very long time. All other things being equal, the U.S. dollar status as the global reserve currency could be expected to progressively decline. But the United States global position need not decline relative to most other countries. If, in particular, China were not a variable in this equation all this might be a reasonable bet for the United States to take; however, China is a variable in the equation.

John Maynard Keynes first proposed the ICU in 1941, as a way to regulate the balance of trade. His concern was that countries with a trade deficit would be unable to climb out of it, paying ever more interest to service their ever-greater debt, and therefore stifling global growth. The ICU would effectively be a bank with its own currency (the "bancor"), exchangeable with national currencies at a fixed rate. It would be the unit for accounting between nations, so their trade deficits or surpluses could be measured by it.

On top of that, each country would have an overdraft facility in its "bancor" account with the ICU. Keynes proposed having a maximum overdraft of half the average trade size over five years. If a country went over that, it would be charged interest, obliging a country to reduce its currency value and prevent capital exports. But countries with trade surpluses would also be charged interest at 10% if their surplus was more than half the size of their permitted overdraft, obliging them to increase their currency values and export more capital. If at the year's end, their credit exceeded the maximum (half the size of the overdraft in surplus), the surplus would be confiscated.

Harry Dexter White, representing the United States, which was the world's biggest creditor, said "We have been perfectly adamant on that point. We have taken the position of absolutely no."

Instead, White proposed an International Stabilization Fund, which would place the burden of maintaining the balance of trade on the deficit nations, and impose no limit on the surplus that rich countries could accumulate. White also proposed the creation of the IBRD (now part of the World Bank) which would provide capital for economic reconstruction after the war. The IMF as agreed to at Bretton Woods was much closer to White's proposal than to Keynes's.

Alan Greenspan: Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

Peter Klevius: And Bitcoin beats gold in every aspect! Moreover, although both ultimately rest on trust (like everything else), there's still among many a naive view that gold's biggest weakness (after the fact that we dom't know how much gold there's now or in the future)' i.e. its physicality, somehow is more trustworthy. Peter Klevius wouldn't be surprised if the initiators of Bitcoin plan to publicly redistribute most of their shares (in line with the long term and fair ideology Bitcoin rests on) when/if it takes off as a global reserve currency. After all, that would mean a value in line with 1M/BTC 21.000.000.000.000, 10M/BTC 210.000.000.000.000 etc.

Why was the Bretton Woods transcript hidden in an archive?

2012 it was briefly reported that a Treasury econost searching in the department’s library, stumbled on a transcript of the Bretton Woods conference in 1944, which revealed that US was the biggest beneficiary followed by its puppet UK. No wonder France, but not UK (which has also suffered under US dollar hegemony) was the first to start complaining about US "exorbitant privilege".

Historians had never known that a transcript existed, when delegates from 44 allied nations fighting Hitler gathered to create the International Monetary Fund and the World Bank. There were three copies in archives and libraries around Washington that had never been made public, until now.

“It’s as if someone handed us Madison’s notes on the debate over the Constitution,” said Eric Rauchway, a historian the University of California, Davis.

Economic historians who have viewed the transcript say it adds color and detail to the historical record, an already thick one given the many contemporaneous and subsequent accounts of Bretton Woods. The transcript depicts John Maynard Keynes, hurrying to marshal support for the broad agreements on international finance. It underscores the tremendous power then wielded by Britain and, especially, the United States. It also shows how the seeds of contemporary disputes being sown.

The most important part was the IMF agreement, which introduced an adjustably foreign exchange rate system pegged to gold. Governments were only supposed to alter exchange rates within narrow margins to correct a fundamental disequilibrium.

    Member countries pledged to make their currencies convertible for trade-related and other current account transactions. There were, however, transitional provisions that allowed for indefinite delay in accepting that obligation, and the IMF agreement explicitly allowed member countries to regulate capital flows.[11] The goal of widespread current account convertibility did not become operative until December 1958, when the currencies of the IMF's Western European members and their colonies became convertible.

    As it was possible that exchange rates thus established might not be favourable to a country's balance of payments position, governments had the power to revise them by up to 10% from the initially agreed level ("par value") without objection by the IMF. The IMF could concur in or object to changes beyond that level. The IMF could not force a member to undo a change, but could deny the member access to the resources of the IMF.[12]

    All member countries were required to subscribe to the IMF's capital. Membership in the IBRD was conditioned on being a member of the IMF. Voting in both institutions was apportioned according to formulas giving greater weight to countries contributing more capital ("quotas").

The seminal idea behind the Bretton Woods Conference was the notion of open markets. In his closing remarks at the conference, its president, U.S. Treasury Secretary Henry Morgenthau, stated that the establishment of the IMF and the IBRD marked the end of economic nationalism. This meant countries would maintain their national interest, but trade blocs and economic spheres of influence would no longer be their means. The second idea behind the Bretton Woods Conference was joint management of the Western political-economic order, meaning that the foremost industrial democratic nations must lower barriers to trade and the movement of capital, in addition to their responsibility to govern the system.

Peter Klevius: So take a look at it today! $-freeloader US (since 1971-) has certainly taken care of its national interest - by stealing from the rest. And US management of the Western political-economic order has led to sanctions, protectionism, tensions, more militarization, seizure of assets, terrorist attacks on infrastructures (e.g. Nord Stream) and wars -  all initiated by a desperate US which could repeat the Danish saying from the 1990s: It's going to hell - but in first class! However, the Danish didn't threat the world with some thousand nuke bases around the world!