Guest Post on Zero Hedge: China Surpasses U.S. As Number One Global Trading Power

Submitted by Brandon Smith from Alt-Market

Excerpts:

• Back in 2008...I wrote several economic editorials discussing what I saw as the single most vital trend in the global fiscal system, and how it would cause a disastrous upheaval that would leave the U.S. and the dollar financially sunk.
• I tried to summarize as much of the situation and facts as I could in my article ‘How The U.S. Dollar Will Be Replaced’, which was published in May of last year
• if China is one of the largest holders of Forex reserves on the planet...WHY did they feel the need or desire...to begin issuing Yuan denominated debt? ...They knew that there would be a crisis in American consumption and that this would lead to severe reduction in imports, which is why they began building trade deals within the ASEAN trading bloc to insulate themselves.
• In fact, China has been pumping Yuan into global markets even faster than the Federal Reserve has been printing the dollar
• China has also recently quadrupled imports of rice and tripled wheat and corn imports in only one year. Why? Again, I ask, what do they know that we are not being told?
• As I have stated for many years, China is being groomed as an alternative economic engine in opposition to the U.S., and that this will lead to an eventual dump by them of the Greenback. 
• For those who are still not aware of why this is such a big deal, it is essentially a turning point moment in global trade. There is no doubt that China will now be inducted into the SDR, and that their importance as a trade and consumption center will quickly lead to a move away from the dollar.
• China is nearly ready for IMF inclusion. Volatility around the world is high. Our government has a final decision to make on the Fiscal Cliff in March, not to mention the sudden push for possible gun registration and confiscation. My instincts tell me that so many explosive aspects coalescing together at the same tenuous moment is not a coincidence. The next few months call for hyper-vigilance and every ounce of energy we can muster to educate as many people as possible in as short a time as possible.[ emphasis added]

The sheep are being led to the slaughter.  The sheep are innocent, but ignorance is inexcusable.  Wise up, people.  You are being screwed.