|Photo by Petr Kratochvil|
We always check our blog dash board for key word searches to determine any information that visitors may be looking for that we either haven't included for one reason or another or is simply so buried between and among other data that it is very difficult to extract. We noticed two relatively unproductive key word searches this morning.
CANADA / JAPAN RIMPAC 2013: This was a negative search due to the fact that no RIMPAC was held in 2013. It is a biannual exercise, there was one held in 2012 and the next is scheduled for 2013. We have mentioned RIMPAC numerous times within daily posts but previously carried no specific information on the exercise. This should remedy that.
(Source Wikipdeia) " RIMPAC, the Rim of the Pacific Exercise, is the world's largest international maritime warfare exercise. RIMPAC is held biennially during June and July of even-numbered years from Honolulu, Hawaii. It is hosted and administered by the United States Navy's Pacific Fleet, headquartered at Pearl Harbor, in conjunction with the Marine Corps, the Coast Guard, and Hawaii National Guard forces under the control of the Governor of Hawaii. The US invites allied military forces from the Pacific Rim nations to participate. With RIMPAC the United States Pacific Command seeks to enhance interoperability between Pacific Rim armed forces, ostensibly as a means of promoting stability in the region to the benefit of all participating nations. The Pacific faces several potential targets which the United States Department of Defense believes may require naval force-on-force engagements, especially China and North Korea."
The United States, Australia, and Canada have participated in every RIMPAC since the exercises started in 1971. Japan is also a frequent participant.
U.S. CARRIER TASK FORCE WITH MULTINATIONAL SCREENING SHIPS IN RIMPAC 2000 (U.S. Navy photo by Gabriel Wilson)
RIMPAC 2012 iwas the 23rd exercise in the series. It started on 29 June 2012. In all 42 ships participated, including the aircraft carrier USS Nimitz (CVN 68) and other elements of Carrier Strike Group 11, six submarines, 200 aircraft and 25,000 personnel from 22 nations took part in Hawaii. The exercise involved surface combatants from the U.S., Canada, Japan, Australia, South Korea and Chile. Again, there was no RIMPAC 2013.
U.S. Marines assigned to 3rd Battalion, 3rd Marine Regiment disembark Amphibious Assault Vehicles during a mechanized raid in support of exercise Rim of the Pacific (RIMPAC) 2004, Marine Corps Base Hawaii, July 18, 2004. (Photo U.S. Navy)
RIMPAC has its own FACEBOOK PAGE: https://www.facebook.com/RimofthePacific
CHINA APRIL 24, 2014:
A key word search for this date associated with China may well bring people to our site because we mention it in number of recent blog posts particularly those by our star analyst Namazu. This is the date of the scheduled publication of the next Chinese Communist Party's "5 Year Plan".
Our analysts, particular Namazu believe the date is important and rather ominous because they expect the Chinese to announce within it monetary policies relative to China's currency designed to destroy the U.S. dollars position as the World's reserve currency. In our worse case scenario, if the world bought into China's scheme the United States would take an instant hit driving the one year inflation level for the 12 months following any significant global movement towards the Chinese proposals of a 25% increase in the prices of the commodities that make up the "cost of living index". In our best case scenario China goes light on this plan because of the loses the Dragon would experience due to the vast number of dollars that are currently in China's hand, but makes a large incremental move towards her ultimate goal of displacing the U.S. dollar as the world's reserve currency and preferred form of payment demanded by the Oil Exporting Nations. We can't predict which way the April 24th announcements will go since the U.S. now has proven oil and gas reserves sufficient to eventually make it the world's largest oil and gas exporting nation, but happening at a moment in time when the White House and Congress are making no moves to revise the 40 year old band on exporting U.S. produced oil. The U.S. is the leading export nation of refined oil products but these are refined from import crude stocks. Does the incredibly irresponsible policies of the presently constituted U.S. Government give China the breathing room it needs to advance their goal incrementally, and limit damage to themselves or will fear of our potential ascendancy as an oil exporting nation drive the Dragon to pounce now. Once the U.S. is exporting its own oil and gas in quantity any hope of unseating the dollar as the preferred petroleum payment form and hence the world's reserve currency will be dashed.
We have identified two goals relative to the ruin of the United States held by the Dragon to resume its ancient self appointed position as the "Middle Kingdom" that draws all other nations onto its self in vassal status. There doesn't appear to be a set order of occurrence planned, but China intends to drive the U.S. Pacific Fleet back to Pearl Harbor, and to unseat the U.S. Dollar as the World's Reserve currency. The Chinese Navy now numbers about 930 war ships vice about 270+ U.S. war ships but there is still a very large quality gap. The continued economic descent of the United States now requires continued stupidity on the part of the U.S. Government. The constitutional inability of the United States electorate to effect the equivalent of a parliamentary vote of no confidence assures another minimum 3 years of abject misrule. China has hedged its bet by dumping dollars in the U.S. by buying U.S. real estate and other blue chip investments likely to appreciate faster than even their planned forced major inflation. On April 24, 2014 China is still holding too many U.S. dollars to avoid major damage to its self if it succeeds at unseating the U.S. dollar as the world's reserve currency.
April 24, 2014 is a date to watch but it could play out in a variety of ways. First China could go ahead and announce that they are shifting to a gold standard assuming that the rest of the world buys into the myth that the U.S. dollar is merely a fiat paper currency vice a de-facto oil and gas backed currency. If the rest of the world has lost sufficient faith in the U.S. ( helped by open Congressional talk about default in recent times and continued foolish energy policies by the president); then in the short term the dollar falls. Afterwards, the U.S experiences gut wrenching inflation, and a "basket of currencies" including those of China, France, and Germany displace the dollar. Later Germany and France are brought to ruin per the Dragon's plan and the Dragon emerges as the overwhelming economy in the world able to dictate to the rest of us what to produce and at what prices. Despite China's vast armed forces don't expect invasion; the ancient middle kingdom was united within its own borders by warfare, the rest of the Pacific and Indian Ocean World was bound to China by "soft power", over whelming economic influence. That is exactly the Dragon's plan to day. However, the World might only take limited notice of China's announcement and even Germany and France might hedge their bets out of distrust of China. This might make an all out effort now at unseating the dollar a failed effort that costs China big time by raising the value of their currency and making their products less competitively priced, seriously damaging their economic growth, generating unemployment and unrest. Alternatively China might take the long view and only attempt an incremental monetary manipulation in this 5 year plan betting on continued U.S. governmental policy and inaction to do the heavy lifting for them. If that happens April 24th could pass with a wimper instead of a bang. We simply don't know which way it will go, but we've mentioned many times that April 24, 2014 is a date to watch and the publication of the Chinese Communist 5 year plan is the thing to watch on that date.
See Our March 2nd post by Namazu: Namazu Addresses...