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We are on the Threshold of a Third World War

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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.

Without this measure, Soros warned that, “there is a real danger that China will align itself with Russia politically and militarily, and then the threat of third world war becomes real, so it is worth trying.”

Soros’ comments came in the same week that CNN revealed how China’s Navy has repeatedly issued warnings to U.S. surveillance planes flying over the South China Sea. Beijing is attempting to increase its influence by building a series of man made islands in the region.

A report out of Russian state media outlet Sputnik News also speculates that the presence of American ships in the South China Sea could lead to a war between the two global superpowers.

In a People’s Daily editorial last September, Chinese PLA Professor Han Xudong warned that Beijing should prepare itself for a third world warwhich could arise out of the conflict between the United States and Russia over Ukraine.

“As the Ukrainian crisis deepens, international observers have become more and more concerned about a direct military clash between the US and Russia. Once an armed rivalry erupts, it is likely to extend to the globe. And it is not impossible that a world war could break out,” wrote Xudong.

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.


41 Comments on "We are on the Threshold of a Third World War"

  1. Speculawyer on Thu, 21st May 2015 7:34 pm 

    infowars . . . LOL.

  2. Davy on Thu, 21st May 2015 7:38 pm 

    Well, this would be a quick way to end BAU. The two largest economies that are very dependent on each other go to war.

    Sounds like a war made in heaven if you want to tank BAU, lower population, and possibly reduce CO2.

  3. Apneaman on Thu, 21st May 2015 7:40 pm 

    George Soros? On the verge of collapse who better to turn to for advice and guidance than rich old white guys?…..and infowars. McCain for pres 2016!

  4. Plantagenet on Thu, 21st May 2015 8:29 pm 

    George Soros? On the verge of collapse who better to turn to for advice and guidance than rich old white girls?…..and infowars. Hillary for pres 2016!

  5. ennui2 on Thu, 21st May 2015 9:34 pm 

    This is why nobody comes to this site anymore. No editorial restraint over which “news” source is worth quoting.

  6. BobInget on Thu, 21st May 2015 10:07 pm 

    When Soros says it, people listen.
    You will have to believe me, even if I have no ‘foreign accent’.
    We are already involved, deeply involved in a series of wars that can only be quantified as ‘international’.

    IMO China’s S. China Sea resource claim , can be negotiated. It’s really only gas and oil in question.
    No one lives there. It will prove far less expensive, for China, to divide the spoils, then waring with Japan, Philippines, Korea, Vietnam and the US.

    OTOH, the Mideast cluster fuck is a horse of many colors. Iran backed by Russian nukes, vs. KSA backed by US nukes alone constitutes something of an international, multi national, many continental
    dog fight. Throw in several so called collations, one FORTY NATION headed up by the US, France, UK, Canada, Netherlands, Jordan,
    Australia, plus 30 to 33 other nations involved in
    “Operation Inherent Resolve”

    What DOES a person call such an obvious international conflict?

    Now, take Saudi led intervention in Yemen. Please.
    Fighter jets from Egypt, Morocco, Jordan, Sudan, the United Arab Emirates, Kuwait, Qatar and Bahrain are also taking part in the operation. Somalia has made its airspace, territorial waters and military bases available for the coalition to use.[16] The United States has provided intelligence and logistical support, including search-and-rescue for downed coalition pilots.[17] It also accelerated the sale of weapons to coalition states.[36] Additionally, Pakistan was called on by Saudi Arabia to join the coalition, but its parliament voted to maintain neutrality.[37] Despite this, Pakistan agreed to provide warships to help the coalition enforce an arms embargo against the Houthis.[15]

    Any world war is construed as various nations on different continents engaged in war like activities.
    Notice, I didn’t mention Iraq, Syria, South Sudan,
    Nigeria, Libya, all engaged in so called ‘civil’ wars.

    I put to you, there are a greater number of nations in conflict here then at any time since WW/2.
    Finally, International world wars generate refugees. In the present tense there upwards of over Fifty Million internal and external displaced persons seeking refuge around the world.

  7. Apneaman on Thu, 21st May 2015 10:40 pm 

    BobInget, I agree we are at war just not “Hot” yet. Were in a more complex century/world, so we fight in a more complicated manner. I’m certain we will all go retro sooner or later though. As with so much of what we discuss here I am always drawn back to Jay Hanson.

    Evolution Under The Maximum Power Principle

  8. Perk Earl on Thu, 21st May 2015 11:04 pm 

    3rd World War in a net energy decline?

    = 3rd world countries, much faster than the current central banks printing press, ZIRP/NIRP to financially charge the super wealthy, yet barely perceptible growth rate–stagflation for most people, lie to the public about GDP & unemployment teaberry shuffle.

    It’s become a 3rd world country incrementally in a step down process that’s like slow torture for many or become one super fast. I figure TPTB won’t want to lose their power and wealth super fast so some kind of parsed verbiage will result to appease both sides to keep the clock ticking towards collapse as slow as possible.

    As time goes on though these type of situations will become more and more charged as TPTB realize the growing numbers of disenfranchised are becoming increasingly restless. Tempers will probably flair at some stage of downgraded world economic situation and then we’ll all know it’s over in a flash. Time to till the radioactive soil.

  9. steve on Thu, 21st May 2015 11:59 pm 

    one has no further to look than ww1 and ww2 many people said at the time that there was not enough money for either war to last 1 year….when people get restless they will elect someone to start the war…Reagan came in to office to get rid of the malaise Jimmy carter talked about and the best way to do that was war….it is coming…

  10. Sugar Seam on Fri, 22nd May 2015 1:40 am 

    oh ennui… sing a different song…. site is active as ever…. if it sprains your eyes, dont read it…. you dont get to limit choice for the rest of us

  11. Northwest Resident on Fri, 22nd May 2015 1:40 am 

    We don’t have enough energy to power a full-blown world war. Think of all the ships, the tanks, the transportation of troops, the supply lines — massive amounts of oil required, and other than a tiny “glut” of condensate that nobody wants, there is no surplus of oil to burn to fuel a world war. A world war between the great powers would suck up a major portion of daily oil production, and the production that we have today would surely plummet in a world war scenario. America would be taking out Russian/Chinese oil production, and they’d be doing the same to us or hitting ME production. No spare energy = no mega world war. Maybe a lot of light infantry and commando style fighting, rebels and incursions, that sort of thing is guaranteed. But no mega world war, no way.

  12. Davy on Fri, 22nd May 2015 5:52 am 

    N/R, exactly and we are too interconnected with global just in time production and distribution. The global system would grind to a halt in 2 weeks to a month with a global hot war. The financial system would implode and food and fuel shortages would immediately appear.

    If this war occurs it will not last long. It will kill BAU and it will begin the rebalance of consumption and population. In that respect it could be a good thing that is if it does not go nuclear. Although if a rebalance of consumption and population is best for humans long term then maybe even a nuclear war with its resulting nuclear winter would be a good thing.

    We don’t know enough about human industrial collapse and NUK winter of course but we can speculate that a collapsed human global system with large population losses would allow the earth ecosystem to heal. This is a big if and we could see human extinction. My main point is N/R’s point of the resources are not there for global war and the global system will collapse within weeks of the beginning of global war.

  13. Perk Earl on Fri, 22nd May 2015 7:22 am 

    “Although if a rebalance of consumption and population is best for humans long term then maybe even a nuclear war with its resulting nuclear winter would be a good thing.”

    Wow, that’s amazing, Davy. At this point humans are such a disaster to the planet that a nuclear war with a nuclear winter would be a good thing. It might just be the best way to shut this behemoth down, except for one problem, we’d still need enough personnel to safely shut down nuclear power plants and put the rods into long term cool storage or the nuke war might just be the tip of the radioactive iceberg.

  14. joe on Fri, 22nd May 2015 7:37 am 

    Soros makes a another statement of doom. So he bought low and sold high when bankers fixed it so that the UK wouldn’t have to join the inflation trapped euro. If we listened to him grexit should have happened years ago.

  15. Dredd on Fri, 22nd May 2015 7:45 am 

    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,”

    Words that follow “if” in a sentence are iffy.

    The classified TPP is evidence that the “war” is a trade war which China has already won (The Trans-Pacific Partnership (TPP) and Sea Level Rise (SLR)).

    To no avail.

  16. Dredd on Fri, 22nd May 2015 7:48 am 

    Economic War Of The Pacific – 6

  17. Davy on Fri, 22nd May 2015 8:40 am 

    Perk, this is looking at a restart of the earth ecosystem from the view of a long term. We are talking thousands of years. Thousands of years is nothing per earth history. In this scenario we would expect total breakdown of human civilization. Humans would likely go through a bottleneck leaving very few to carry on. Extinction is a very real possibility. We know it is likely man’s industrial and NUK facilities will degrade to the point of making vast regions uninhabitable. They will degrade eventually and man will not be able to mitigate them at some point.

    I am saying if NUK war with NUK winter occurs this would accomplish a restart quickly. This is just an impersonal abstract thought because the risk is there for global NUK war. A global NUK war would likely initiate collapse and NUK winter causing a human bottleneck. Do I want this? Of course not. We can opine if this would be best for the human species long term. Kind of like drastic and highly invasive medical procedures are needed to ensure survivability in this case the human species survivability.

  18. justeunperdant on Fri, 22nd May 2015 9:26 am 

    I am not sure a 3 world war is possible. US and the western countries import almost all their manufactured goods from China. A third world war means no trade with China and no manufacturing goods from China; that means US social revolution right at the beginning of the war. There is not enough energy to rebuild a new manufacturing supply chain in western countries like US, Canada.

    Short of rebuilding a manufacturing in western countries, China is the new economical power.

  19. Baptised on Fri, 22nd May 2015 9:45 am 

    Their is not going to be a WWIII, at least for a while. Russia and China have made it very well known that they first will take out all satellite’s and a big part of the war will be on US continent, not the comfort of a foreign country. Also Japan is not our friend by the people, just a hand full of PAID politicians.

  20. steve on Fri, 22nd May 2015 9:54 am 

    How much money and oil did Germany have before ww1 and ww2…not very much but they made it happen…I think you are underestimating how it becomes life and death and BAU stops during war…I think it is evolutionary when resources run low there is fighting for the last remaining resources….sanity,…reasoning most of that goes out the window…

  21. steve on Fri, 22nd May 2015 9:57 am 

    Short of rebuilding a manufacturing in western countries, China is the new economical power. You don’t get it man….there is no decoupling in this brave new world…all countries are going down…

  22. Davy on Fri, 22nd May 2015 9:59 am 

    Just, it is a two way street with China and the west. Painting it as a western dependence is not seeing the whole picture. China is a export economy in population and consumption overshoot. China is close to a hard landing now. When and if a conflict comes they will be more likely than the U.S. to have a social revolution when their huge population is hungry and stuck in mega cities with nowhere to go.

  23. justeunperdant on Fri, 22nd May 2015 10:09 am 

    I have to disagree with steve.

    China is the new economical power, they will make the Yuan fully convertible next year. Yuan will become the new reference currency and China will buy oil directly in Yuan, exactly like the US is doing now. Watch the big money players moving their money from US to China.

    China has pollution problems cause by their manufacturing. but they are a much more independent country compare to US and Canada. All China need to stay alive is oil, they already producing internally all their basic life necessities and they could trade what they don’t have with Russia and India.

    Of course, other things could happen that would collapse the system right away.

    The TPP (The Trans-Pacific Partnership) is about trying to stop China raise as an economical power.

  24. Davy on Fri, 22nd May 2015 10:21 am 

    China, is a dead man walking. If you read between the lines you see the smoke and mirror economy build upon malinvestment in civil development, heavy industry over capacity, and grandiose engineering projects. Many of these will never turn a profit and are in effect bad debt.

    China has been kicking the bad debt can down the road for 15 years now. China is a time bomb of overpopulation, overconsumption, and a ecological disaster. They are clearly an economic power but with no future no different than the rest of the global system.

  25. BobInget on Fri, 22nd May 2015 11:28 am 

    No one comments on my iteration of nations now fighting or arming to fight the current world-wide oil war. Let’s go to Wikipedia for definitions.

    “A world war is a war involving some of the world’s most powerful and populous countries. World wars span multiple countries on multiple continents, with battles fought in multiple theaters*.
    • the area in which something happens: a new theater of war has been opened up.
    • [ as modifier ] denoting weapons for use in a particular region between tactical and strategic: he was working on theater defense missiles.

    The term is usually applied to the two conflicts that occurred during the 20th century:
    World War I (1914–1918)
    World War II (1939–1945)
    However, it is also sometimes applied to earlier wars, the Cold War, the Cold War II, or to a hypothetical World War III.

    Since proxy wars, we are currently engaged in, often expand, Spain 1936/1938, Syria 2011/ present, Iraq war that started in 2003 ended in 2011.
    (currently the US has 3,000 troops in country)
    Afghanistan War: 1999 to present.
    Sudan/South Sudan on going.
    Yemen, on going.
    Libya, on going.
    ISIL aggressions into Iraq, Syria, Lebanon et all.
    Israel/ Iran proxy conflicts on going.

    All tolled we can count, at minimum, sixty nations either directly at war or indirectly supporting war.

    By definitions we are indeed totally at war.

  26. Speculawyer on Fri, 22nd May 2015 11:50 am 

    The phrase “George Soros” has been hyped up to be some boogeyman that terrifies Glenn Beck and Alex Jones paranoid nuts. And that’s odd . . . he’s just some old rich guy with center-left views. It’s not like he’s ever done anything big except be a huge anti-communist guy with his open society projects. Odd to see the far-right become so terrified of a guy most famous for being an anti-communist fighter.

  27. penury on Fri, 22nd May 2015 12:48 pm 

    Please someone explain to me the statement: China is a dead man walking. I don’t understand world politics I know, but you have a country which spend three quarters of their income on the military. owes over 76 per cent of the GDP in debt, has outsourced most manufacturing (except military). is involved in numerous wars in various places, whose population is apparently under educated, obese and addicted to electronic devices, and you still stand around shouting USA USA USA. Please explain.

  28. BobInget on Fri, 22nd May 2015 1:04 pm 

    FDR was hated by the far right as a “traitor to his class”

    Being an anti Communist these days is small currency. Speculawyer’s age is showing.
    If Glenn Beck and Jones were railing against ‘the Red Menace today, few would pay attention.

    Get with the program, consular. This decade, it’s
    extremist right wing Iran we are to be fearful of.

    After-all if Iranian politics prevailed in America,
    we couldn’t ban capital punishment. Men get death for apostasy and drug dealing. Gays would be thrown off tall buildings. Women would be forbidden equal rights. Candidates for public office required to show strong religious beliefs.
    Lone Wealthy Americans could buy elections. Corporations could donate shareholder money
    supporting religious “freedoms”. Texas school book standards would go national. Abortionists
    stoned along with prostitute wives. Rape victims
    shunned or imprisoned for adultery. OK, maybe that last one won’t happen for years..

    See, aren’t you glad Glenn Beck is looking out for us?

  29. BobInget on Fri, 22nd May 2015 1:51 pm 

    Wait for it….

    IS makes a run for Damascus over Memorial Day Weekend while Assad BBQ’s 2 inch thick pork chops.

    Who wants to take my money?

  30. Davy on Fri, 22nd May 2015 2:04 pm 

    Bob, sorry they won’t get Damascus. It will turn into a balkenized city like Beirut in the 80’s. Again, many here need qtips to get the wax out of their ears. ISIS, is not strong enough to take and hold cities where the don’t have popular support. This is especially true of the very large cities like Damascus or Baghdad.

  31. justeunperdant on Fri, 22nd May 2015 2:34 pm 

    Like I just said, TPP is about stopping China from becoming a super power. China value manufacturing as a wealth creator compare to the western world.

    From, the link above:

    Clearly, China’s leadership is concerned, all the more so as the economy suffers through a slowdown. The government’s newly released master plan for future manufacturing strategy — dubbed “Made in China 2025” — specifically cites the threat posed by the TPP to the country’s trade, still the prime driver of the Chinese economy.

    Implementation of the TPP will “further impair China’s price advantage in the exports of industrial products and affect Chinese companies’ expansion” abroad, it said.

  32. zoidberg on Fri, 22nd May 2015 3:06 pm 

    he’s just angling for another British pound type of mega payoff / thrill. he wants to make money on currency trading. The major world powers aren’t going to war except as a last desperate gamble. Not anywhere close at the moment.

  33. BobInget on Fri, 22nd May 2015 5:00 pm 

    I agree Davy, IS won’t go after Damascus, Baghdad, Tripoli, Basra, Riyadh, Mecca and Tehran all on the same holiday weekend.

    One does need to acknowledge IS now holds more acreage then then half the land mass of Europe.
    That’s a lotta sand.
    If a person grasps that enormity one gets some idea how these dudes are throwing sand into eyes of the world. The plan, scare the living crap out of city defenders, be flexible, opportunistic, act unstable, irrational but be the opposite.

    Look what IS has going.. Neither Russia, Iran, the US or Israel (who have the most to lose) can bomb an urban environment w/o killing everyone unlucky enough not to have joined millions of refugees
    already roaming the ME in search of refuge.

    IS is learning as they go. The trick IS figured out, Don’t kill everyone.. at first.

  34. redpill on Fri, 22nd May 2015 7:16 pm 

    Info Wars? You’re now giving voice to the creatures that postulate things like Sandy Hook and the Boston attack were false flags?

    Pleeeeease don’t do this again:(

  35. Makati1 on Fri, 22nd May 2015 7:59 pm 

    BobInget, et all: No one will likely get down to my comment, but… it appears that most here agree there will be a war and many are finally seeing that it is most likely to go nuclear. [REF my many comments on the subject over the last few years.]

    I disagree that we do not have the energy for a long war. I flew home last night and if you ever saw a picture of the world at night you would know that we still have a lot of energy to waste. I saw Japan looking like a Christmas tree on steroids with so much wasted light (energy) it was ridiculous. The US is the same and Europe not much better. Most 1st world countries are still wasting most of their energy. And China can always use manpower or tap Russia’s energy fields.

    But, I do agree, that when the going get’s tough, (i.e. the Empire is losing) the red button will be pushed and life as we know it will be over, permanently. There will be zero humans (and not many other living things) get through the ensuing Nuclear Winter and radiation centuries.

    Yes, I’m back from the UFSA and it only reinforced my previous picture of conditions there by being even worse than last year’s visit. I am glad I no longer live there.

    I sat in the plane with two older gentlemen on my last leg of the trip. (Tokyo/Manila-4 hours) One had moved to the Ps 4 years ago and has a successful farm business here. The other has a branch of his IT business here and is considering the move in the near future. Why? Both said: “for more freedom/cheaper living/no US taxes”. Over 38,000 Americans are now permanent Ps residents as per US statistics. I suspect the number is much higher. The ship USS Debt is going down. The smart people are leaving.

    Now, I’ll wait for the blast from the ‘UFSA patriot flag wavers’. LOL

  36. Makati1 on Fri, 22nd May 2015 8:04 pm 

    justeunperdant: I don’t see TPP ever being implemented. The Chinese are already major trading partners with the other countries involved. It has the ability to bring any one of them to their knees, including the UFSA. Look in your closet. The tags say “Made in ….”? Most of what Americans use comes from Asia and most now comes from China. And, no, those factories are NOT coming back. At least not until AFTER the downgrading to 3rd world standards in the UFSA is complete.

  37. GregT on Fri, 22nd May 2015 8:29 pm 

    The New Great Game

  38. penury on Fri, 22nd May 2015 8:48 pm 

    I forget Who was it that said “World War Three will be fought with Nuclear and WW4 will be fought with rocks”? I am afraid that there really may be a war. It may not be total but I am afraid that most economists appear to think that a war will solve the economic problems. Soros is simply looking to make more money.

  39. GregT on Fri, 22nd May 2015 9:21 pm 

    “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”

    Albert Einstein

  40. apneaman on Fri, 22nd May 2015 9:23 pm 

    That was the great man himself, Pen.

    “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”

    ― Albert Einstein

  41. GregT on Fri, 22nd May 2015 11:42 pm 

    You owe me a beer Apnea.

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