War against China should be a cake-walk, enough would believe, starting at the Team USA State Dept, that august entity full of geewhizbang people. Walking into a war with China is easy, and took less deliberation than the one w/ Korea and Vietnam. Really easy, and now full on.
The war is going well so far, better than expected, as Team China really so far only done 'strategic composure'
In the meantime, according to JPM
My guess, after near-fully-decoupling, events might get more serious than money movements, for 2T of 38T of Team USA financial market, otherwise know as AAPL, and by then rare earths munitions would be at weapons-free-at-call state, and we can surmise that the folks at State have done the fore-walling of Nasdaq:
"Financial institutions weaponized. In an effort to intensify pressure on China, the US moves to more generalized financial restrictions (i.e., beyond just sanctioning individuals) and China retaliates by cutting off access to US financial firms. More drastic steps could follow. While we do not incorporate the US cutting off Chinese firms’ access to dollar settlement systems, we believe China’s retaliation could include freezing US investments and reducing its UST holdings. Earlier analysis by JPMorgan research (here) suggests China dumping its $1.07tn in US treasuries would raise Treasury yields by 40bp. However, this estimate ignores the signaling effect of China’s actions. The scale and significance of China dumping would be far greater than Russia’s slashing its UST holdings from around $96bn in mid-2018 to just $6bn."
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