The global economy is expected to be crippled if peace and order in Libya — and the rest of the Middle East — is not restored soon. Most experts forecast that global inflation will climb by 1-2% if crude oil prices hit US$147 a barrel again. If oil prices soar to new highs, China, which imports most of its oil requirements, will come under heavy inflationary pressure. Read full story HERE.
END TIMES TRUTH
China plans to take more aggressive actions in the Middle East to defend its energy resources and overseas investment. On the surface, the reason for the international military coalition’s imposition of a no-fly zone on Libya is to protect civilians. However, the truth is that it is being done to ensure that the order dictated by the United States is maintained in the Middle East. China is viewing the USA as a parasite on humankind. They feel justified in crushing the United States to end its own type of terrorism it spreads across the globe against any nation it takes issue with. But please note that the USA did not attack Iran when it was being brutal to its people. The USA was trying to avoid a conflict that would result in a nuclear war with its (Iran’s) ally. But now they are at odds with them anyway, and very deeply in debt to them as well.
