But, since May
2013, everything turned against the world of the developing nations, lead by
the Future Super Power of the World, India! With the solid sort of development
through the couple of decades, since the prime minister who had a mastery over
17 languages of the world came in as a compromise candidate for the position of
Indian primeministership with a world renowned economist as its finance
minister in Manmohan Singh, India had been moving in the right direction of
establishing itself as the power to be reckoned with! Then, came the month
of May in the year 2013!
Till that month
China was staring at the huge debt burden it had incurred & the turmoil its
financial system had been in; the Over Financed Chinese GDP (OFC
GDP!) was slowing down at a frantic pace with debt shooting over the roof; no
monetary system seemed to be in place in China; the burgeoning debt seemed to
be eating itself over the dragon’s tail! Thousands of low priced jobs vanished
from the job market; dissent popped up from various quarters, from all across
the country; public national debt became so HUGE that nobody
knew what would happen next; Chinese leadership was deep in thought about the
translocation of these almost insurmountable problems by deviating the
attention of it’s public, by hook or by crook!
It got involved
in the Attention Deviating Technique (ADT!) of militarily involving with its
neighbours like India (In Ladakh, Arunachal etc!), Japan, Vietnam, Malaysia,
Indonesia etc (In Spartly Islands, Paracel Islands in South China Sea, East
China Sea etc) EVERY POSSIBLE second that it kept a hook on the growing Chinese
Realisation of the Chinese Ground Realities (CGR!) & try its luck in
avoiding the unavoidable! While India & other emerging countries like
Brazil, Indonesia & Malaysia were planning the growth of their own
economies China was thinking hard about Its Survival, its very existence &
the almost impossible task of managing
it’s more than 3 trillion dollar debt! Compared to the debt of India, it
was more than 10 times what China had on its books, leaving apart what the unofficial
books say about it!
The Chinese
Think Tanks (CTTs) identified the one & only trump card they had @ their
disposal, i.e., the more than a trillion dollar forex reserve they hold in
dollars!
And, they played their trump card brilliantly! After paying courtesy visits to
India & Pakistan, the newly elected Chinese president went directly to
America to hold important & closed door talks with the one who matters the most
in the world, at the moment, & had a deep & hard bargain, presenting
tactically the points the Chinese Think Tanks (CTTs) found out & making
it clear to the US President that the more than 1 trillion dollar forex reserve
in dollars can be USED to devalue the Greenback, if & when it is sold in
the open market, creating an American Disaster! The Americans must have got
more than enough clues from the Cordial Chinese
Talk and after the Cordial Talk
in the Most Cordial Atmosphere,
till then Publically Antagonistic Americans & the Chinese parted & went
their ways! Nothings seemed to have happened for a while!
After a couple
of weeks, all of a sudden much boosted up Fed Chairman woke up one fine American
morning & suddenly, out of the blue, understood that the American Economy
was going SUPREMLY WELL (Till that moment it was IN the ‘well’ was totally pushed
into wholesome oblivion!) & the top Fed officials were seen dashing toward
phasing out of its massive stimulus program. It
looked like (Or, it WAS MADE TO LOOK LIKE!) the Fed will begin the tapering as soon as possible, with no
time indicator given! From there on started the GAME...the
Game of Rumour....or another spate of Rumour Wars! And, when it gets
finished -if they get finished at all!- it is sure that the China’s problems
will be ‘Seemingly’ solved, for the time being, at the cost of all the other
developing nations of some stature, as they
NEVER HAD more than 1 trillion dollar of forex reserves in dollars that they
can make Rumour Wars start in their favour!!
After the first rumour of the Fed tapering in the near UNDATED future was aired world
wide in the required quantity & quality, the FIIs (FIIs are ‘usually
& basically’ those who have dollar -& Euro converted to dollar-
as their Mother Currency!), like the viciously possessed, in all the
developing nations, started to withdraw their investments from the developing
nations which were on the way to some sort of credible development like India,
Brazil, Indonesia, Mexico & others! Ofcourse, they could have taken a
slower rout of exit BUT as if possessed they started the sell off
forcing panic in the developing markets where people seldom know how the
Rumour Wars work! The easily gullible ‘Developing Investors’ too got
funnelled into the Rumour Panic created by those who wanted to Fish In The
Troubled ‘Developing Waters’! Stocks started tumbling......! Then, the second rumour was cast that it was going to be a bear’s
market for all the months to come! Then, started the ‘Created
Panic Sell Off’ of the ‘Developing Stocks’, sucking off millions of
dollars from the ‘Developing Stocks’ & ‘Developing Stocks’ ONLY!
The
third rumour started with the so called RISE of the dollar against all the ‘Developing
Currencies’ of significance! Despite having strong fundamentals the ‘Developing
Currencies’ of significance started to fall against the dollar as OUT OF THE
BLUE SO MANY INVISIBLE PEOPLE WERE ‘SEEN’BUYING DOLLARS, SELLING ‘Developing
Currencies’ of significance non stop that all of them were seen losing ground
sooner & faster!
The ‘Gullible’s Excuses’ like a slowing
GDP (Gross Domestic Product), a ‘SORROWFUL’ CAD (Current Account Deficit),
Increasing National Debt, Inflation of various sorts & sizes, low forex
reserves etc were freely & abundantly used to create a ‘HORROR EFFECT’ on
the psyche of the ‘Developing Economies’ with the ‘Developing Media’
echoing them foolishly & shamelessly! The easily gullible ‘Developing Governments’
of significance did everything @ their disposal to ward off the ‘Invisible
Evil’ which came from nowhere, without ever understanding that to
UNDERMINE A DEVELOPING COUNTRY IS A CHILD’s PLAY for all of those who do the
Rumour Wars, as they do have the wherewithal to wage rumour wars all across the
world, non stop, to their HUGE benefits, all the time!
As some of the mechanisms applied
by the ‘Developing Economies’ to stall an impending doom were starting to do
its work -not ofcourse in the grand scales of the Rumour Mongers!- on the spiralling
Economic Chaos (EC!), came the fourth rumour of
an impending American attack on Syria, due to some ‘ALLEGED’
chemical attacks on the rebels by the Syrian troops! Then started the rise of
oil in the international arena which never took into account the FACT that
Syria IS NOT A MAJOR OIL SUPPLIER, with the Rumour Mongers spreading the
‘Great & Invaluable Rumour Info’ that the attack on Syria will
have a cascading effect on all the oil supply lines of the world, very
much like the cry of the crow in Uganda will have a cascading effect on the
melting of glaciers in the Arctic region!
With all their
resources exhausted the ‘Developing Economies’ try their best to stall ‘WHAT
THEY ARE FORCED TO THINK’ the result of ‘Their Own Economic Miscalculation,
Misdeeds, World Economic Slowdown & All The Unknown Economic Factors’,
which are @ this point of time united against them! These poor
people of the so called developing nations seldom know that what they
consider as ‘Economic Data’ & ‘Economic Forces’ ARE nothing but two of the
most successful weapons the Rumour Mongers who unleash Rumour Wars all across the
world at the cost of the “Developing Ones’ use with impunity & 100%
success!
And,
it is better one know & understand that while one is reading this article
the Rumour Mongers are planning to use some of their other stocks in their mass
weaponry to create another round of chaos where the already staggering
Developing Nations are finding it very difficult to move ahead thanks to the
Invisible Rumour Wars waged by these Invisible Rumour War Lords Of The (Developed)
World!
Some Other Notable
Points:
It is
interesting to watch that the ‘Sinking Ship’ China is still sailing forward
without having much trouble from the Rumour Wars waged against the ‘Developing
Economies’, despite China being one!
China
has signed a 250 billion oil deal with Russia, over a five year term, in which
the Chinese will pay in Chinese Currency & NOT DOLLARS!
With
its trillion dollar debt & slowing economy China (And China ‘ONLY’) is the Only
Developing Nation which is NOT affected by the tumultuous international dollar
scenario!
Now,
nobody in the international arenas is talking about the perilous situation
China is (STILL) in, which was NOT the case till the month of May, 2013.
China
STILL continues its Attention Deviating Tactics (ADTs) of territorial disputes/aggression with/against all its neighbours, unabated!