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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (5776)6/15/2020 3:54:37 AM
From: elmatador  Read Replies (1) | Respond to of 13801
 
The retreat back to China is completed


PBoC is determined to take more targeted policies to support the real economy as cle"arly announced during the Two Sessions. "

That means no more money doled out left and right on overseas projects.


That means Belt and Road Initiative will leave infinity shed White Elephants across the landscape.


But note that this was going to happen any way or another as I try to drum into TJs fast deteriorating brain.
Covid just fast forwarded it






To: Elroy Jetson who wrote (5776)6/17/2020 4:02:48 AM
From: elmatador  Respond to of 13801
 
It costs 16.6 cents to print a $100 bill. And it is worth one hundred dollars ! If you are a Chinese, you have to sell Yuans to get a 100 dollar bill and then use it to trade.

federalreserve.gov