The two Chinese bombs
Re: The two Chinese bombs
Well, a greenhouse gas... We'll add a sweater this winter and we'll ride a bike.
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- Obamot
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Re: The two Chinese bombs
Riding a bike, yes, and so much the better! (The little wool for sure)
Let's not forget those mios of “new holiday Yellow Vests” who will swell the ranks of those who point to lifelong unemployment!
The nearly 80% of jobs lost will probably not be renewed...
The street voice is going to be much louder! I don't know why: I see coming a control system and super viruses...?
Let's not forget those mios of “new holiday Yellow Vests” who will swell the ranks of those who point to lifelong unemployment!
The nearly 80% of jobs lost will probably not be renewed...
The street voice is going to be much louder! I don't know why: I see coming a control system and super viruses...?
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Re: The two Chinese bombs
If there are still viruses, millions of deaths are expected , and that will dry up the source of hydrocarbon revenue...
Quick, a non-polluting energy to continue shopping on the internet!
Quick, a non-polluting energy to continue shopping on the internet!
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Re: The two Chinese bombs
This spring, some emerging powers are distancing themselves from the dollar. In March, Brazil announced its willingness to pay for its Chinese imports in yuan from now on; the following month it is the turn of Argentina...
Russia had also reoriented its monetary policy by being paid for its hydrocarbon exports to China in euros from 2019; now it is in dirhams that it sells to Indian importers. Iraq and the Gulf States are also following this trend, as is Saudi Arabia, once a loyal partner of the USA...
This is a profound trend, even if certain more cyclical events may have accelerated the process: the generally favorable monetary flow to the Yuan only confirms the reorientation of material flows towards Asia. For its part, Beijing continues to promote its currency, fully aware of the interest that this represents. This in a long-term vision, since it is still too dependent on the greenback to rush things.
We bet, as some analysts say, that the day when Chinese economic domination will be even stronger, it will be able to appreciate the price of its currency and make it the major asset of its economic strategy.
Russia had also reoriented its monetary policy by being paid for its hydrocarbon exports to China in euros from 2019; now it is in dirhams that it sells to Indian importers. Iraq and the Gulf States are also following this trend, as is Saudi Arabia, once a loyal partner of the USA...
This is a profound trend, even if certain more cyclical events may have accelerated the process: the generally favorable monetary flow to the Yuan only confirms the reorientation of material flows towards Asia. For its part, Beijing continues to promote its currency, fully aware of the interest that this represents. This in a long-term vision, since it is still too dependent on the greenback to rush things.
We bet, as some analysts say, that the day when Chinese economic domination will be even stronger, it will be able to appreciate the price of its currency and make it the major asset of its economic strategy.
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"Please don't believe what I'm telling you."
Re: The two Chinese bombs
Chinese bombshells are only interesting when they are sexy!
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"We make science with facts, like making a house with stones: but an accumulation of facts is no more a science than a pile of stones is a house" Henri Poincaré
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Re: The two Chinese bombs
Ahmed wrote:This spring, some emerging powers are distancing themselves from the dollar. In March, Brazil announced its willingness to pay for its Chinese imports in yuan from now on; the following month it is the turn of Argentina...
Russia had also reoriented its monetary policy by being paid for its hydrocarbon exports to China in euros from 2019; now it is in dirhams that it sells to Indian importers. Iraq and the Gulf States are also following this trend, as is Saudi Arabia, once a loyal partner of the USA...
This is a profound trend, even if certain more cyclical events may have accelerated the process: the generally favorable monetary flow to the Yuan only confirms the reorientation of material flows towards Asia. For its part, Beijing continues to promote its currency, fully aware of the interest that this represents. This in a long-term vision, since it is still too dependent on the greenback to rush things.
We bet, as some analysts say, that the day when Chinese economic domination will be even stronger, it will be able to appreciate the price of its currency and make it the major asset of its economic strategy.
Seen in the past that the Fed was at the extreme limits of borrowing and monetary issuance...and that US civil servants would no longer be paid in the summer of 2023...and the US defaulted...
I let you imagine the rest...
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Re: The two Chinese bombs
There is no real limit to borrowing capacity, except that in a certain context, as at present, this translates into inflation. But if the Fed raises the key rates to slow it down, then the American economy plunges... Recourse to borrowing is a necessity everywhere in the world, because the possibilities of the "normal" functioning of the economy are getting worse. are gradually drying up, but the support of this financial industry cannot, however, be an illusion forever. If the systemic collapse is easy to predict, on the other hand, very clever who will say at what precise moment it will happen... Probably it will intervene jointly with the disappearance of some rent.
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Re: The two Chinese bombs
Ahmed wrote:There is no real limit to borrowing capacity, except that in a certain context, as at present, this translates into inflation. But if the Fed raises the key rates to slow it down, then the American economy plunges... Recourse to borrowing is a necessity everywhere in the world, because the possibilities of the "normal" functioning of the economy are getting worse. are gradually drying up, but the support of this financial industry cannot, however, be an illusion forever. If the systemic collapse is easy to predict, on the other hand, very clever who will say at what precise moment it will happen... Probably it will intervene jointly with the disappearance of some rent.
If the dollar collapsed, the euro would collapse. To whom would these brave Chinese sell their manufactured products?
The indebtedness of the US or Europe is not synonymous with the weakening of states.
It's just a transfer of wealth from your apple, mine, and our children's apple to fewer and fewer wealthier billionaires deciding our future. And when you buy products manufactured in China, it does not go into the pocket of the Chinese, but into that of the same billionaires.
Moreover, these billionaires type like the year 40 of the valuation of their assets: the currencies, it's them, the laws it's them and the indebted states are at their boot. They work to ensure that you find it normal to pay your debt, or that you are convinced that not paying it would be dangerous for your future.
Systemic collapse will occur when you no longer pay your debt. But you're afraid of systemic collapse.
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Re: The two Chinese bombs
You've found your language (your keyboard?) be careful not to talk too much about Russians, you could get poisoned... Bah, as long as you resume my content, you're just almost a year late ( see 3 and more)... moderated by Remundo...Ahmed wrote:[...]Or
Russia had also reoriented its monetary policy by being paid for its hydrocarbon exports to China in euros from 2019; now it is in dirhams that it sells to Indian importers. Iraq and the Gulf States are also following this trend, as is Saudi Arabia, once a loyal partner of the USA...
[...]
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