I would have replied with no it's not just any dog but a French poodle mix with macron cream.
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- Thread starter bd popeye
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Hmm yummy dog...proud Asian French dog eater.
1 trillion? More like 3 trillion.
Not sure if the number is accurate at this point, there's a lot of speculation that the number is a lot less than reported. and even then, the banks would already be using them as leverages and collaterals, so if they froze it, there's going to be huge counter party-risk and no guarantee that the real assets bought using those treasuries is stored in US or their allies' banks.
Either way, the yields on the treasuries are rising rapidly, which does suggest someone is offloading their treasuries more than the other banks and FEDs are buying (there's one that speculated BOJ is printing yen, and buying them up, and yen is weakening because of it), adding credence to this theory, is the increase in yields are during Asian trading hours. With China being one of the biggest holder of treasuries, its likely they are the cause of the yields increasing.
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We have seen a lot of warnings but zero action from the Chinese side. A lot of hot air from Beijing.
It isn’t Sunday yet tho. There is likely behind the door calls. Pelosi going to Taiwan means Biden has greenlit the move. As per the article, Biden has lied about not changing the status quo again.
I don’t believe Beijing can ignore this and be a limp dick about it. Confidence in the government and Xi will be shaken. It will be far worst than Covid if they do nothing.
What actions would you like for Beijing to take specifically for this upcoming victory tour by Nancy Pelosi in Taiwan.
And if this is allowed to happen without any dire consequences for America and Taiwan then what good is the so-called Chinese warning if it's essentially going to be revealed as nothing but hot air. Also, what would happen to Xi Jinping with respect to his inability to even muster any semblance of military move against what China has always deemed as it's Redline. He would be severely weakened internally, and possibly be replaced which would again be viewed as a very positive development for the Sino-American relationship.
The shift in leadership could be used politically in America as a gesture of goodwill (capitulation) from China, which would be trumpeted not only as an American Victory but a vindication for the Biden strategy, and to Biden himself along with his acolytes namely, Blinken, Sullivan, and that Indian-American who's part of the NSC and wrote the book on China's long game.
If that were to happen, then China should just drop any pretense of trying to take over Taiwan or trying to create an illusion of multipolar world. It will simply show that Chinese leadership has place the economics above national interests, and that it's supposed core principles are always negotiable. A fact that other countries would ceaselessly exploit to China's detriment.
They won't let this go lightly, given the type of reaction China did to make the Kelly Craft visit get cancelled. I believe there's a lot of things happening in the background that we aren't seeing, China doesn't have the need or want to constantly announce their moves and actions openly, and unlike the US, they don't take pre-emptive punishments to stop moves(or so openly).
There's a rationale behind to such a strategy, where being reactive makes you look like the victim, though the success and benefit of such a strategy is varied.
Next stop. Sanctioning Putin's dog. Now that Putin stopped the gravy train of Hunter Biden at Burisma he must pay.
Oh man. That article is so retarded. A reluctant superpower indeed.
For your info the Marshall Plan was basically the US giving aid in the form of providing US goods and services to Europe after WW2. So, it too was a way of boosting US industry and jobs. As for the loans, just look at the loans the US provided to its earstwhile WW2 war ally, the United Kingdom. The United Kingdom had to keep rationing for a decade after WW2 ended to keep consumption down so they could repay the loans they got from the US. The UK finished paying the debt in 2006. And this after they basically handed out all their leading edge technology to the US on a silver platter with the Tizard Mission.
You do not have to go as late as the Spanish-American War to see examples of the US trying to spread its empire. Shortly after they became independent they tried to invade Canada. And also basically annexed Florida.
Finally. All that talk about how "China was stopping energy transactions with Russia" turns out to have been basically stopping the use of the dollar in energy trade and replacing it with the Yuan so the US cannot mess up with the transactions. Figures.
I think it is a good idea to have like 10% of your savings in gold. But just be aware that government might stop convertibility of gold into currency or try to confiscate your gold anytime they wish. You will likely be able to keep your gold, but if they stop convertibility you might not be able to turn it back into cash for like a decade or two. The confiscation of gold might be done in a voluntary or involuntary fashion. Turkey is right now trying to convince people to sell their gold, much like Mussolini did back in the 1930s. The US basically started taking people's gold by force when FDR was President. You could not sell your gold for decades. If you do buy gold, make sure to keep it some place safe. Get physical coins or bars not certificates.
Some people say to invest in silver. But I personally find that commodity to be highly volatile in price. At one point I also looked at investing in platinum or palladium. But it is really hard to buy or sell platinum or palladium in the open market. In the case of palladium the Soviets did make palladium coins at one point. But those are next to impossible to find. I think at this time, if you do invest, it is probably a good idea to invest in mining stocks. But just be aware of which mining stocks we are talking about. In a global financial depression consumption might spiral down and demand for commodities might shot up just to crash down quickly afterwards.
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