Chinese Economy Watch

[Nibbler]

I took a ride in a byd seal in india.

I wonder if MSS has my biological data now

 

[E-195]

I don't know what will replace the dollar or the present western imposed financial system on the world. But one thing is clear Chinese clearly don't want the current system replaced anytime soon. They posted close to $1 Trillion in trade surplus. They still have $760 billion in treasury bonds and their $3 Trillion in forex which are all in dollars or Euros. Replacing the current system will bring systematic collapse of the West and pulls down any country closely linked with the West.

Chinese are slowly selling their treasury bonds. It used to be above $1 Trillion. Now it's almost 25% lesser. Do they have a plan in mind? I don't know. As you said RMB can't replace the dollar given it's restrictions and how Chinese economy is structured. So what are the options? I can't see any right now. The only thing I see is Chinese trying to take over Taiwan and go head to head with USA and defeating and more or less destroying the USA will give them the power to dictate what comes after the dollar. This is also easier said than done. Since going against USA means Chinese would have taken more than a bloody nose. Even if they come out winning they will barely be able to stand. All in all the world is going to be a messy place if that happens.

Until then, let's enjoy the Ponzi scheme of Uncle Sam who continues to print the dollar to fund their deficit while we exchange our hard labor and precious resources and pretend we got something valuable in return.

I totally agree.

I have the opinion Globalization will make a world government, this is owned and lead by private companies, the sovereign national state is not important.

Trying to impose the Yuan does not even work in BRICS, to work a world currency needs consent by all countries and we are talking elites, that means companies.

The financial system, I mean banking system is controlled already as an international business.

China is dangerous because is following the same path of Nazi Germany`s rise, and they can not win they just can bring pain to Asia.

India if there is no war will grow too, but most nations will do it, free trade are designed to have protectionists policies, same are currency Unions or custom unions and that is designed to make regional governments before making a world government.

ASEAN or Mercosur will stop China and same will be India, every one will impose them Tariffs, they will not be allowed to destroy other countries economies.

 

[rockdog]

We Are in an Industrial War. China Is Starting to Win.

Opinion | We Are in an Industrial War. China Is Starting to Win.

China’s primary goal is to damage America’s economy and pave the way for it to become the world’s pre-eminent power.

www.nytimes.com

 

[rockdog]

I took a ride in a byd seal in india.

I wonder if MSS has my biological data now

Players from Manchester City also bought them, MSS is more interested on their DNA, we want to clone Walker and Foden for our team, since Chinese football team sucks.

 

[helin]

Players from Manchester City also bought them, MSS is more interested on their DNA, we want to clone Walker and Foden for our team, since Chinese football team sucks.

View attachment 22000

View attachment 22001

Chinese cricket is also very bad

 

[Blademaster]

Chinese cricket is also very bad

You mean you eat your insects? No wonder why they are bad.

 

[rockdog]

View: https://x.com/BRICSinfo/status/1879706186867687868?t=f0zduqaegQZPGbY4lyPjjw&s=19