Behind the Scenes: China’s Currency War

“Coincidence is the word we use when we can’t see the levers and pulleys.” — Emma Bull

-- OK. So what we’re about to show you is, without doubt, extremely controversial…

Especially to those who still believe that the mainstream media is 100% competent and tells you the truth all the time.

We’ll admit. We were skeptical when our source, Nathanael Greene, first leaked the information our way.

But now, considering what has played out since he first approached us, we’re definitely listening.

So, we ask…

Simply consider what Mr. Greene is about to tell you.

We’re not saying it’s true. But we’re not saying it isn’t, either.

But if it is true, we could be entering a very dangerous chapter in the future history books…

Here’s Part One of our conversation with Mr. Greene.

I would say enjoy… but it doesn’t really apply here.

Chris: Hi, Nathanael.

OK. We’re on.

First, tell us a little bit about yourself. Or as much as you’re willing to share.

Nathanael Greene: Sure. I’m an active duty soldier who   possesses an unhealthy obsession and knowledge base for geopolitical analysis…

While, of course, maintaining a healthy appetite for freedom and liberty!

Chris:  Nice. We’ll take that.

You’re in the right place.

So, everyone knows that the Chinese market is in panic mode.

Right now… I’m looking at the headlines and it’s not pretty…

World Shares Sag as China Jitters Persist…

China Stocks Extend 5-Day Losing Streak…

People Are Freaking Out About ‘Black Monday’

But you’re saying there’s much happening that we aren’t seeing…

Nathanael Greene: Yeah, the mainstream media is telling you one side of the story.

But… few people know what’s going on behind the scenes.

Chris: Right. And that’s why you’ve joined us today.

So, just to let the readers know, you and I have been talking for the past couple weeks…

Nathanael Greene: Yes. Since China devalued the renminbi the first time.

Chris: And it seems there’s a lot happening as a result of China’s devaluation…

Nathanael Greene: Yes. Especially in regards to Tianjin and Shandong…

Chris: Yes, right. Let’s start there.
Nathanael Greene: OK. Well, intel from self-proclaimed Chinese dissents finger the Tianjin explosion as an act of retaliation by the United States government…

Chris: OK, to be sure, let’s make sure our reader is up to speed.

If you’re not aware, which can be forgiven because a lot is happening in the world right now, last August 12, a warehouse in Tianjin, China blew to bits.

The blast killed 135 people, and injured 798.

A big deal.

Here’s a drone-shot of the aftermath…

Tianjin explosion aftermath

Now here’s what the media isn’t reporting. And if it’s true, we’re in for an exciting latter-half of 2015.

And by exciting, I mean terrifying.

Nathanael Greene: According to intel from the Chinese dissidents, the explosion in Tianjin was in direct response to China’s concurrent currency war, being waged through Yuan devaluation.

Chris: Now, remember, dear reader, China devalued the yuan on August 11.

Only a day before the blast in one of China’s busiest ports on the 12th.

Fishy, yes.

But we’re not ones to jump to conclusions. So when Nathanael first leaked this information, to be frank, it went in one ear and out the other.

Yeah, yeah, we thought. Yet another conspiracy theory in the mailbag.

But then, the chain of events since has our ears perked at full attention.

As you know, China devalued its currency again, the day after the explosions.

Fishy again. Because initially, they reported it was a ‘one time thing.’

And then… there was a second chemical explosion on Chinese soil in the Shandong province, ten days later on August 22…

Fishy… yet again.

But that’s not all.

We’ll get to the final event that made us jump to conduct this interview in a moment.

First, the locations of these blasts are suspicious. Can you shed some light on that, Nathanael?

Nathanael Greene: Sure. Tianjin, as you mentioned, is a key economic hub.

It’s the world’s 10th-largest port.

Shandong is one of the biggest industrial producers and is also one of the top manufacturing provinces in China.

Chris: OK. Good.

Now that everyone’s up to speed, let’s get to the meat of the matter.

So what’s happening in China right now, Nathanael?

Nathanael Greene: Right. To start, the Chinese government has enacted a form of pseudo-modern martial law in the streets of the BinHai New Area, a sub-province of Tianjin. which serves as ground zero for the mysterious explosions.

Military patrols of HAVOC attack helicopters scour the sky, day and night, and the streets are laden with armored checkpoints garrisoned with soldiers.

Two interesting points to note here: One, the air patrols began three days BEFORE the actual chemical plant explosion. And two, the HAVOC is the soviet version of the Apache helicopter.

The HAVOC is clearly not the most advantageous choice for a humanitarian relief efforts, concentrated on providing civilian medical evacuation and emergency supply delivery.

The Chinese government has also flipped the switch on their panoptic surveillance grid to entirely suppress and control the flow of information regarding the attacks and what’s happening on the ground.

“Tianjin” has been red flagged as a hot-button word by the draconian filters of the central leadership.

And photo and video evidence has dried up to the few media snippets which were able to escape the country before the net fastened around the region.

The Chinese authorities have begun blocking reporters regional access and selectively arresting journalists, bloggers and anybody questioning the official accounts of the explosions under the grounds of national security.

Local raids have already been witnessed on writers and activists, who have attempted to leak footage and information to the rest of the world.

Lastly, and probably the most chilling of the dissident’s accounts, are the reports of pro-government Chinese citizens willingly dawning red armbands, and actively assisting the central stasi police forces in rounding up anyone they deem to be a possible threat.

Chris: Right. You told me that and I did some digging.

I found this picture of what is reported to be “security inspectors” in Tianjin.

Masked men in Tianjin

We’re not sure if this is what is reported, but it’s pretty close to what the dissidents have leaked. And the “arm band” thing could’ve gotten lost in translation.

And though they don’t look like much, they could very well be simply informants for the government.

So, Nathanael, here’s the big question…

Why do you believe that China’s official story, that the explosions were an act of terrorism, is suspect?

Nathanael Greene: It’s likely not an act of dissident terrorism, like the Chinese government is touting, because of how unbelievably complex the planning of the attack would have to have been to be a localized terror plot.

An explosion of the magnitude depicted in the video below, if enacted by localized terrorism, could only have been perpetuated manually by storage tank sabotage or planted explosives.

Tianjin explosion video

Click here to see multiple shots of the first explosion in Tianjin

Though possible, a team or individual would have had to have had intimate prior knowledge of the layout of the facility and storage tank composition, along with a flagrant supply of military grade explosives and reliable detonation charges.

To put it into speculatory numbers, the initial explosion at the Tianjin chemical plant was recorded at being of the strength of three tons of TNT, with a follow on explosion measuring 21 tons of TNT.

1-44 tons of TNT is the usual measured impact of most conventional bombs.

To explode a small vehicle, you need roughly 1 kg of TNT, 1kg = 2.2 lbs, so for something like a chemical power plant a team would have to have manually transported heavy and extremely volatile amounts of TNT, discreetly into the plant, and then meticulously set the charges specifically so the blast was concentrated and in unison.

Without laying out the many obstacles required for that to have transpired, it’s safe to say that exploring other sources of the explosion’s roots, to include experimental weaponry, is not off the table.

Chris: What kind of experimental weaponry?

Nathanael Greene: For one, Laser Guided Bombs (LGB), like Raytheon’s Excalibur precision guided artillery shell.

When paired with a detachable thruster component, it can be deployed from a satellite based platform and exponentially benefit, in regards to velocity & energy accumulation, from the acceleration of gravity (9.8 meters per second)…

And, yes, it would be enough to turn a shell with roughly a couple kg’s of TNT into a deployable flexible munition which can generate 3-5 tons of TNT force upon impact.

The plant also reportedly housed hydrogen peroxide and sodium cyanide.

When paired with other commonly stored and exported industrial chemicals reasonably assumed to be present in the plant at the time of the initial explosion, it would have only exponentially increased the TNT blast rating of the explosion.

Chris: OK. And here’s where it gets spooky.

Only a day after the explosion in Shandong, this happened on August 23, as reported by Amichai Stein…

Tweets on Tianjin explosion

“Multiple explosions,” Sputnik News reports, “were heard at about 1 a.m. local time at a warehouse in the U.S. army base in Kanagawa Prefecture near Tokyo.”

According to the Japan Times, there were 1,000 tanks stored in the warehouse.

When that happened…

That’s when we decided to contact Nathanael and tell him we were ready for an interview.

Because the significance of that base is clear.

We’ll get to that, though, tomorrow.

-- Unfortunately, this is when our conversation ended.

But, upon writing, Nathanael has promised to join us again tomorrow with the rest of the details.

We’ll pick up where we left off then.

Tomorrow, Nathanael will talk more about the second explosion in Shandong… the attack in Japan and what it means… what China’s motivations are behind the scenes…

And what you should do NOW to prepare in the event that China and the U.S. are actually trading shots.

Just in case.

And it ain’t going to be just the usual “buy gold.”

Stay tuned for Part Two tomorrow.

Also, if you have anything to add to this story, including skepticism, don’t hesitate to email us at Chris@lfb.org.

Until then,

Chris Campbell

Photo credit: Karl-Ludwig Poggemann | Flickr

Chris Campbell

Written By Chris Campbell

Chris Campbell is the Managing editor of Laissez Faire Today. Before joining Agora Financial, he was a researcher and contributor to SilverDoctors.com.