The two Chinese bombs

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Ahmed
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Re: The two Chinese bombs




by Ahmed » 19/11/17, 18:54

Yes, trying to overcome American monetary supervision is not original, it is still necessary to have the means: the Americans knowing how to be very convincing, if necessary. However, an illusion cannot last forever in a changing world.

Now you have to see the American reactions: the vast majority of American citizens are convinced that they are the best and that they owe their pre-eminent place to their merits: they will therefore have great difficulty in ratifying the present developments and will certainly not understand that their governments (who have rocked them all with this idea) can no longer keep them at the highest level.
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Re: The two Chinese bombs




by Ahmed » 19/11/17, 19:27

Another explanatory factor for Chinese development is the fact that the PAO (Peak All Oil = conventional oil + unconventional) is reached or will be reached in 2018 ...

Saudi Arabia is also currently undergoing major changes: the distance from the USA and rapprochement with China and Russia constitutes a major geopolitical event: we are seeing the emergence of new synergies.
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Re: The two Chinese bombs




by Ahmed » 13/12/17, 13:19

An important element to take into consideration in this debate is that the Chinese reason for the long term (Confucius!): they have an appreciation of the duration which is foreign to the European mentality. This is why the purchase of gold and the local mining of this metal is not new. However, it should probably be seen further than this idea of ​​convertibility, which is rather a bonus allowing to initiate the diversion of financial flows towards the Middle Kingdom. This longer-term strategy assumes that once a volume in line with the targeted goals is reached, this convertibility would no longer be possible or even desirable (this last point because the physical limitation of gold stocks restrict de facto possibilities for expansion of currency signs). Once incorporated into the reference currency, the yuan would self-guarantee and become the reference currency, which would provide China with the same advantages as in the United States (therefore the possibility of issuing currency without counterpart in front).
This plan, as far as it could be successfully carried out, is probably the only possibility for China to compensate for the inexorable decrease in the profitability of its production / export industry by shifting it massively to the financial industry. . Of course, there are many imponderables likely to ruin this skillful strategy: not only the American reaction, but above all, this supposes an economic continuity which remains eminently hypothetical ...
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Re: The two Chinese bombs




by Ahmed » 04/02/19, 15:36

Small update since the last message.
In the spring of 2018, a listing of gold in yuan is possible and this indirectly makes it possible to generate oil sales against yuan which would then or not be converted into yuan ...
When I spoke of a "bomb", one should not however imagine a sudden explosion, but a strategy of small steps which would not clash too head-on with American interests. Priority sourcing from suppliers kept out by the United States, such as Iran and Russia, is only the prologue to a diversification of sources (already underway): China is now the largest importer of oil.
The major geopolitical difficulty is that China and the USA are currently both rival and complementary, however things are destined to evolve slowly. Several scenarios are possible: a crisis in Europe or the USA could tip the international monetary system towards the yuan, or it would be China which could no longer continue its current structural investments * and would be in difficulty, causing its ambitions to abort. .. The future will tell.

* these massive investments correspond to the American "New Deal" after the crisis of 29, except that in China, interventionism was able to avoid the crisis by bending the economy at the critical moment towards major works and the domestic economy, but just like in the USA it is only a temporary palliative to the contradictions. If in the long term China does not manage to develop companies in cutting-edge fields likely to prevail over global competitors and thus to monopolize the few sectors still profitable before the others, it will be condemned to a "big crunch"!
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Re: The two Chinese bombs




by moinsdewatt » 06/02/19, 01:02

For 2018, Russia provided the most to China with an average of 1.43 million b / d of oil.

Then Saudi Arabia with 1.13 million b / d.

.......

Imports from Russia reached 7.04 million tons, or 1.658 million barrels per day, in December, up 40 per cent from 5.03 million tons a year earlier, according to the data from the General Administration of Customs.


For the full year, Russian imports rose to 71.49 million tonnes, or 1.43 million bpd, up 19.7 per cent from 59.7 million tonnes in 2017.

Demand for Russian crude was supported by a rise in throughput by China's private refiners, who favor Russian grades such as ESPO, while geopolitical uncertainties also forced China to import less from countries such as Iran and Venezuela.

Russian oil giant Rosneft has also marketed its ESPO grade more aggressively, signing new long term supply deals with state oil companies such as ChemChina and PetroChina.

Saudi Arabia supplied China with 6.97 million tonnes in December, or 1.64 million bpd, up 48 per cent from 4.71 million tonnes a year earlier.

For 2018, OPEC's top supplier boosted shipments to China by 8.7 per cent to 56.73 million tonnes, or 1.135 million bpd.

That means Russia's lead over Saudi Arabia in supplying China almost doubled to 295,000 bpd in 2018 from 150,000 bpd a year earlier.



https://gulfbusiness.com/russia-holds-o ... hina-2018/
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Re: The two Chinese bombs




by Ahmed » 06/02/19, 10:05

It seems that this increase in Saudi oil sales to China reflects a readjustment of Saudi Arabia's foreign policy, which wishes to distance itself from its traditional American ally. It remains a large buyer, but its share is now lower than that of China. It is also lower than that of Japan, India and barely higher than that of South Korea.
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Re: The two Chinese bombs




by sen-no-sen » 06/02/19, 10:45

Ahmed wrote:It seems that this increase in Saudi oil sales to China reflects a readjustment of Saudi Arabia's foreign policy, which wishes to distance itself from its traditional American ally. It remains a large buyer, but its share is now lower than that of China. It is also lower than that of Japan, India and barely higher than that of South Korea.


The United States has since the Obama administration launched a policy of "less dependence" on eastern oil.
The USA has quickly become the leading producer of oil*, ending their strategic reserve policy initiated during the Cold War.
It is therefore quite logical that Saudi Arabia is looking for other partners, especially when you know the policy of drop from death Uncle Sam ...
Note also the financial "benevolence" of China and Russia towards Venezuela, and the intense diplomatic negotiations between the western American bloc and the BRICS that in the future of the country.
Is there a relationship with the world's first oil reserves? : Lol:


* And those despite the bankruptcy of several oil tankers.






Note also the financial bailouts of Venezuela by China and Russia.
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Re: The two Chinese bombs




by Ahmed » 06/02/19, 13:35

Of course, the exploitation of unconventional oil and gas has allowed the USA to operate a reorientation of its energy strategy, but the prospect of a reduction in Saudi production prompts this country to seek new cooperation, particularly in the peaceful zone. .

"Kiss of death"! :D
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Re: The two Chinese bombs




by sen-no-sen » 06/02/19, 19:37

Ahmed wrote:
"Bayser of death "! :D


Yes thank you, gross error on my part! : Oops:
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Re: The two Chinese bombs




by Obamot » 04/09/22, 10:35

Ahmed wrote:You know the first, the atomic, but if you watch a little TV, listen to the radio or read the newspapers, you probably don't know the second. : Wink:
It is a monetary bomb and this one is going to be really dropped: very soon, oil will be able to be traded against Chinese yuan and this currency will be convertible into gold. This news is of enormous importance and will change everything by bringing the USA to the background. To think that the immense American power rests mainly on the universality of a dollar and that until now, it was enough to type on the keyboard of a computer to settle all the invoices in a currency guaranteed by ... of the wind ( since the Bretton Woods agreements) or, if you prefer, by American debts :D .

If I titled "the two bombs", it is because other countries have already tried to free themselves from the dollar (Iraq of Saddam, Libya's Gaddafi...) with the consequences that we know and that the first bomb serves as a shield for the second ...
It’s a torpedo directly aimed at the clay feet of the American colossus, tumbler has not finished getting angry ... :D

Well now there is the Russian bomb/s and the one that hurts the most: the gas...!
And if I understand correctly, according to Roddier, it's going to hurt very, very badly (we're there, eh, it's no longer on a fictitious/technical horizon...)

3rd Chinese bomb: effects of imported deflation?
Russia cuts the gas, the euro and Germany fall, but...
If Russia stops gas, German industry stops!
If German industry stops, what about imported Chinese deflation?
: Shock:

Last edited by Obamot the 04 / 09 / 22, 10: 51, 2 edited once.
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