China Ready to Demand Payment from U.S.?

January 20, 2013 at 8:46 PM

Interesting article from Jerome Corsi on what China may be planning with respect to the tremendous amount of U.S. debt they hold.

Corsi states, “Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work?

“That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.

“Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.

“Yu Qiao, a professor of economics in the School of Public Policy and Management at Tsighua University in Beijing, proposed in 2009 a plan for the U.S. government to guarantee foreign investments in the United States.” [1]

Remember, according to the Bible, the world must get to a place where the fourth kingdom of Daniel 7 becomes a reality.  That kingdom is said to devour the whole earth.  After that, it will be broken into ten sections and then eventually ruled by one individual – the Antichrist.  China’s desire to turn the U.S. debt they hold into equity may be a major step in bringing America to her knees and eventually becoming part of the final kingdom that devours the entire globe.

Something will have to give and China does not want to take a chance on simply losing out if America’s dollar collapses and if our government continues spending money as it’s doing, the dollar will collapse sooner than later.

Read the rest of the article at the link below…

[1] http://www.wnd.com/2013/01/china-poised-to-play-debt-card-for-u-s-land/#OUd6FwTXySu7XJK3.99

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