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

To: John Vosilla who wrote (6048)	8/25/2020 4:57:49 AM
From: elmatador	Read Replies (1) \| Respond to of 13803

China as a Savior Era ended. China relishes the role of the Sugar Daddy. Arriving with the dollar suitcase and solving the local problem. From buying granite from Namibia to sell its wares there. To flying in Africans head of state and dole out cash. Through building the White Elephants of the Belt and Road. To financing Petrobras when it was in its corruption imbroglio in the last years of the PT rule in Brazil. The good days of the Chinese Decade where the exports brought in the dollars, much more dollars than China could make use of it, in a scale much larger than the Petro Dollars amassed by OPEC in the 70s. CHINA BECOMES FRUGAL Now cut for today. As the Chinese Decade ended, the dollars' exports income slowed. On top of that, DJT started the economic war to force China to come to the table which led to China becoming frugal with their dollars' reserves. Which brings us to your save New York City is a huge infusion of capital from your way. First, China will not act like they did when DJT won. They read DJT wrongly and paid the price. They are not going to make assumptions about Biden if he wins. So the Chinese will not make many decisions. The money launder via buying US real estate has been tapering off BEFORE (around Novamber 2019) Covid stuck Therefore I I'd be the New Yorkers, I would go back to the 70s. Call the ad agency Ogilvy & Mather and redo the Big Apple campaign. There won't be Chinese Sugar Daddy coming to save it...