Build up to WW3 – GEORGE SOROS Warns of Coming World War 3
Billionaire investor George Soros told the World Bank this week that the planet is on the verge of a third world war that could arise out of an economic collapse in China.
“If there is conflict between China and a military ally of the United States, like Japan, then it is not an exaggeration to say that we are on the threshold of a third world war,” Soros said during a Bretton Woods conference.
The billionaire warned that China’s difficulty in transitioning from an export economy to a domestic demand-led system could force Beijing to whip up a conflict with an external enemy in a bid to keep the country from collapsing. Soros said the only solution to the prospect was to allow China to join the IMF’s basket of global currencies so that it could compete with the dollar.
China recently increased its military budget by 10% for 2015, making it the world’s second-largest military spender.
Fearing global unrest and the possibility of another major conflict, many members of the elite have been buying remote property and land in places like New Zealand, according to reports that emerged out of January’s Davos Economic Forum.
CNN reported that on Wednesday its journalists, who had been allowed to join the flight, heard a Chinese navy dispatcher make eight demands that a U.S. P8-A Poseidon surveillance aircraft leave the area as it flew over Fiery Cross Reef.
China is undergoing a massive land reclamation program in the South China Sea, parts of which are claimed by five other countries, including U.S. treaty ally Philippines.
The U.S. says the string of artificial islands the nation is building could be used as military bases from which the country could attempt to restrict air and sea traffic.
On Thursday, China’s Foreign Ministry spokesman Hong Lei reiterated Beijing’s claim of indisputable sovereignty over the islands, and said it entitles China to keep watch over the surrounding area to “maintain national security and avoid any maritime accidents High quality global journalism requires investment.
It also carried out surveillance Chinese dredging activity provoked a diplomatic protest from Manila in February. Both land features are part of the Spratly Islands in the South China Sea, which are claimed wholly or in part by China, Vietnam, the Philippines, Taiwan, Malaysia and Brunei. China’s state news agency accused the U.S. on Saturday of having a “pirate-style sense of insecurity” in response to recent comments from Washington expressing concern over Beijing’s territorial claims in the disputed South China Sea.
Chinese land reclamation and construction work on disputed South China Sea islands were “fueling greater anxiety within the region about China’s intentions.” In what PLA sources are describing as an unusually high figure, China has mobilized 100,000 troops to take part in a border exercise as part of preparations for a Korean Peninsula crisis.
ASEAN peace and stability.” island in the South China Sea “illegally occupied President Xi Jinping to prepare the People’s Liberation Army for war in response to US aggression in the Asia Pacific, developments which have prompted “major changes” in China’s national security situation. Amidst tensions over the disputed Senkaku Islands, Beijing has also aimed some of its strident rhetoric at the United States, bragging about China’s ability to attack US military bases in the Western Pacific, as well as releasing of a map showing the locations of major U.S. cities and how they would be impacted by a nuclear strike launched from the PLA’s strategic submarine force.(source)
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