Not only that, countries like China will need to build the infrastructure to house, transport and deliver them the energy to sustain a Western way of
Which means that they will require huge amounts of energy and resources to meet these demands.
This fact has not been lost on the Chinese which is why they've been using their $3 trillion in dollar reserves to position themselves for the
China for instance has already started to invest heavily in securing oil supplies from Africa ... investing $6 billion to secure oil rights in Nigeria
and $7 billion in oil and mining infrastructure in Guinea.
And they've also been making aggressive moves in Canada, America's leading oil supplier.
China recently invested over $6 billion in securing rights to various Canadian tar sands projects.
And in Brazil, they loaned the state oil company Petrobras $10 billion in a deal that will more than triple the oil they export to China.
In Peru they paid $3 billion for the rights to mine a mother lode of copper underneath Mount Toromocho.
A state-owned company Chinalco paid $13 billion for rights to Australia's aluminum sector.
And recently Sinopec paid $7.2 billion for Addax Petroleum, which has sizeable assets in Iraq and Nigeria.
But China's doing more than just purchasing resources on the open market.
It's also supplying aid and investments in resource-rich countries.
This supplies China with three immediate benefits ...
First, they obtain the resources they need to sustain a rapidly growing economy ...
Second, they rid themselves of the huge war chest of rapidly devaluing dollars ...
And third, they gain powerful allies across the globe in their quest for world domination ...
China has been handing out billions through its China Export-Import Bank.
And President Jiang Zemin argues: "Regions like Africa, the Middle East, Central Asia, and South America with large developing countries [have] very
big markets and abundant resources; we should take advantage of the opportunity to get in."
And China has been taking advantage of this opportunity in a big way.
For instance, in the last 7 years China has invested as much as $75 billion in Latin American countries ... more than the World Bank, Inter-American
Development Bank and the United States Export-Import Bank combined.
And they've directed a lot of those resources to countries that the West has ignored, like Ecuador Venezuela and Argentina ... countries right in our
back yard that were off limits during the cold war.
China pledged to lay down $12 billion in railway lines in Argentina, gave $1.6 billion for a hydroelectric dam in Ecuador, and $20 billion for
infrastructure construction in Venezuela.
But it's not just Latin America ...
China recently agreed to grant Russia $6 billion loan for infrastructure in exchange for the Russian coal supplies over the next quarter century.
And they recently struck a deal to expand the capacity of the Greek port of Piraeus up to 250% in exchange for easier access to European shipping
They've recently pledged $20 billion in investment across Africa ... which will go to build roads, railways, schools, hospitals ... agriculture and
manufacturing projects ... and small and medium-sized business development.
You see, it's clear that the Chinese are on a mission to not only secure resources around the globe but goodwill as well.
That's exactly what China has been doing for the past decade: Using their massive war chest of dollar reserves to buy allegiance across the globe.
Because they understand they'll need a strong global backing to secure the final step in their plan to take down America ...
If history has taught us anything, it's that no empire lasts forever ...
And right now, America's reign of economic dominance is teetering on the brink because of this:
How China will Shakedown America in 2013
Right now the Chinese government is blazing a new trail in the international energy trade ... and a recent agreement with Russia and Iran may be the
final dagger in the heart for the U.S. dollar.
Simply put, China is plotting to end the reign of the petrodollar ... and they are leading the assault with the help of the new axis of evil including
Russia, Iran, Venezuala, Nigeria and others.
Maybe you think I'm exaggerating but take a look at a recent article in The Examiner:
"Just a few days ago, China made the official announcement ... as of that day, Thursday, Sept. 6,  any nation in the world that wishes from
this point on, to buy, sell, or trade crude oil, can do so using the Chinese currency, not the American dollar."
And they've already begun making deals with big oil exporters to ensure this outcome.
Major African oil producer Nigeria has agreed to swap a major portion of its dollar reserves for Yuan reserves. Standard Bank researcher Simon
Freemantle says, "We, rather conservatively, anticipate that around 40 percent of [Chinese]-African trade would be settled in [Yuan] by 2015."
China and Brazil have signed a currency swap worth $30 billion, in a deal which, according to the Wall Street Journal is said to encourage Chinese
investment in Brazil’s oil sector.
Iran has signed major deals to drop the dollar from oil deals with China, Russia and India.
China signed a $5 billion deal to buy oil from the United Arab Emirates in Yuan.
And Russia recently announced it will supply China with all the crude it needs or wants and they won't transact using the U.S. dollar.
And China state-run oil company Sinopec recently completed an $8.5 billion deal in Saudi Arabia to help build out oil infrastructure.
The writing is on the wall ...
If Saudi Arabia walks away from the petrodollar America is doomed.
And why wouldn't they?
Commodity producing countries around the world suffer the same fate as any American investor.
If you stuff your dollars in the bank, your savings will get ravaged by inflation.
You could leave it in the stock market, and suffer violent booms and busts from the Fed's mismanagement of the economy.
Or you can park your money in government bonds and treasuries and pray for the best.
That's exactly what most investors have been doing.
More than $400 billion in hot money has abandoned the stock markets and moved into bonds.
And for the last 30 years most of these countries have been pouring their excess dollars into government bonds and Treasuries.
It's created the greatest 30 year run for government bonds in history.
It's allowed the u.s. to run up unprecedented Federal deficits ... live way beyond our means ... and consume trillions more than we produce as a
But the u.s. also created an enormous bubble, 4-times the size of the internet bubble and the real estate bubble combined.
And when countries decide to say no mas to the petrodollar this mega-bull market will see its final day of reckoning.
And when that happens it will make the stock market collapse of 2008 look like a cake walk.
Countries like Greece and Spain have already shown us the devastation that can happen when the national credit card runs out ...
According to the New York Times Greece's economy shrunk almost 12% between 2009 and 2011 and will plummet another 6% this year.
In the past few years, Greece has seen 25% unemployment , massive strikes and even violence erupt throughout the country.
People are now even worried about the resurgence of the neo-Nazi party there.
a reply to: knightsofcydonia