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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maple MAGA who wrote (179463)10/18/2021 11:35:49 PM
From: TobagoJack  Read Replies (1) | Respond to of 219457
 
Re <<I find it strange that the U.S. allows Bitcoin to undermine their sovereign currency, any nation for that matter. It will be an amusing day when the lever is pulled and Bitcoin evaporates forever.>>

Relax. It is not as if as in the case of UK, having CCP China build nuclear power stations so that the UK can be more sovereign from Russian gas :0)

Yeeees, I am joshing

Nuclear power station's potential feature or bug, depending on PoV, is more local, whereas Bitcoin, weaved into the financial DNA might be more consequential.

In any case, let us mark the copybook with our sounded admonition and watch how it all plays out. Just in case we turn out to be correct with our gold decision.

Bitcoin-effect might be more ... what is the term ... accelerated than the Gold-effect, but the conjecture requires human clinical trial, and here we go. Suspect that even if it hurts, just a flash, and unlikely to leave a mess because Bitcoin is after all not physical, of the metaverse, and cannot be confiscated entirely because should it be robbed from the people, it ceases to have meaning.

In the meantime, the boyz are playing well together, as trade is up, way up. The UK can boost money-printing in alignment w/ persistent inflation of infrastructure growth and terribly expensive upkeep all due to national security concerns, and offset the pain on the population w/ value-packed China input in other domains, and send warships to S China Sea and E China Ocean to protect the trade routes from China.

Just as the Russians and Chinese are doing, to protect trade routes from Japan, alongside the USA, for the greater good and common prosperity zerohedge.com
Chinese & Russian Warships Jointly Sail Through Chokepoint Off Japan's Mainland For 1st Time




Below news flow is bullish for peace and prosperity, and money printing, therefore good for gold and crypto ...
U.K. imports from China amounted to 67.6 billion pounds ($92.8 billion) in the year through June, according to U.K. statistics, a rise of nearly 40% from the previous year. That makes China the U.K.’s third largest trading partner.

bloomberg.com

Boris Johnson Says U.K. Doesn’t Want to Turn Away Chinese Investment
Kitty Donaldson
19 October 2021, 06:00 GMT+8
Prime Minister Boris Johnson said he is not about to “pitchfork away” offers of Chinese investment despite the concerns of some of his own lawmakers.

Decisions to bar Chinese companies from Britain’s fifth-generation communication networks and nuclear power, and condemnation of China’s human-rights record have soured relations with Beijing over the last few years, but Johnson maintains he is pro-China.

“I am no Sinophobe -- very far from it,” Johnson said in an interview with Bloomberg Editor-in-Chief John Micklethwait on Monday. “I’m not going to tell you that the U.K. government is going to pitchfork away every overture from China.”

Johnson was speaking ahead of an investment conference in London on Tuesday designed to boost investment into the U.K. and just a fortnight before he hosts the Cop-26 climate summit in Scotland. With Chinese President Xi Jinping likely to be absent from the summit, concerns are growing China may refuse to set new climate change goals and deprive Johnson of a clear win on tackling global warming.

U.K. imports from China amounted to 67.6 billion pounds ($92.8 billion) in the year through June, according to U.K. statistics, a rise of nearly 40% from the previous year. That makes China the U.K.’s third largest trading partner.

“China is a gigantic part of our economic life and will be for a long time -- for our lifetimes,” Johnson said. “But that does not mean that we should be naive in the way that we look at our critical national infrastructure.”

The government has said that Chinese firms are welcome to invest in non-strategic parts of the economy but Johnson refused to spell out exactly where he would draw the line. “You’d have to look at what you’re defining as strategic,” he said.

As part of the investment conference, Huaneng will invest in a 50-megawatt battery project.

The U.K. has already introduced legislation making it harder for foreign investors to take significant stakes in critical national infrastructure.

Last month, China’s ambassador to London, Zheng Zeguang, was prevented from participating in a meeting in the U.K. Parliament in a case that crystallized the conflicting attitudes among Tory MPs.

Zheng had been asked to attend by Conservative member Richard Graham, who chairs a group of lawmakers seeking to foster good relations with China. But the invitation drew outrage from others who have been sanctioned by Beijing for speaking out over alleged human rights abuses and the invitation was canceled by Parliamentary Speaker Lindsay Hoyle.

Beijing has repeatedly denied any mistreatment of its Muslim Uyghur minority and insists crackdowns in Hong Kong are to prevent insurrection.

Johnson insisted that the relationship can prosper “in spite of all the difficult conversations about the Dalai Lama or Hong Kong or the Uyghurs.”

“Actually trade with China has continued to expand for a very long time and I think probably will continue to expand for the rest of our lives,” he said.

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To: Maple MAGA who wrote (179463)10/18/2021 11:56:37 PM
From: TobagoJack  Respond to of 219457
 
Per <<<<Dark Side of China>>>> Message 33528023

and your <<Bitcoin to undermine their sovereign currency>>, at some juncture somebody best decide that the gaming getting too expensive for any nation intent on making self invulnerable so as to better threaten other.

Underwater Russian toys, and going-the-other-way Chinese gadgets, all loaded against the one system both Russia then China asked USA to skip, and now, for USA to guard against all incoming and continue to p*ss off the other boys gets less tenable even as gets more expensive and pointlessly useless. The self-appointed global policeman is being out-sticked as well as out-positioned.

In such a case, the eventual outcome, tagged to the USD, must be extremely, meaning feverishly, bullish, for gold.

China, according to the above referenced 'Dark Side' has three imperatives (semiconductors, oil / gas, and Dollar) requiring solutions, and we know imperatives inevitably leads to solutions.

W/r to below, a Volkswagen bug can exploited weaknesses in any domain's defence if suitably fitted out and appropriately delivered, and so am not sure what FT and Bloomberg is fretting about.

Perpetual peace is much easier route to endless prosperity.

bloomberg.com

China’s Orbiting Missile Exploits Weakness in U.S. Defenses

Brendan Scott
19 October 2021, 09:45 GMT+8

China’s reported launch of a hypersonic missile into orbit has raised concerns that U.S. rivals are quickly neutralizing the Pentagon’s missile defenses even as it invests tens of billions of dollars in upgrades.

In a test two months ago, the Chinese military sent a nuclear-capable missile into low-orbit space and around the globe before cruising down to its target, the Financial Times reported Saturday, citing people familiar with the matter. Although the weapon missed its mark by about two dozen miles, the paper said, the technology, once perfected, could be used to send nuclear warheads over the South Pole and around American anti-missile systems in the northern hemisphere.

China disputed the paper’s account, with Foreign Ministry spokesman Zhao Lijian describing it as a “routine test of a space vehicle to verify technology for spacecraft reusability” and comparing it with systems being developed by private companies. “China will work with other countries in the world for the peaceful use of space for the benefit of mankind,” Zhao told a regular news briefing Monday.

If the missile test is confirmed, it would suggest that Chinese President Xi Jinping may be exploring orbital strikes as a way to counter American advancements in shooting down ballistic missiles before they can threaten the U.S. homeland. The Russians considered such “ fractional orbital bombardment systems” during the Soviet era before abandoning them. But in 2018, Russia rolled out a series of new weapons that President Vladimir Putin said would render U.S. missile defenses “ineffective.”

The moves illustrate how the Pentagon’s push to develop and deploy more advanced anti-missile systems, ostensibly to protect against weapons from North Korea and Iran, may be accelerating a new nuclear arms race. Kim Jong Un over the past few years has unveiled a wide range of missiles -- testing what his regime described as a hypersonic glide vehicle last month -- designed to thwart American and allied defenses.

Under Kim, North Korea has developed a series of solid-fuel ballistic missiles designed to fly too low to be intercepted by a U.S.-operated antimissile system known as the Terminal High Altitude Area Defense, or THAAD. The missiles may also be too fast to be stopped by Patriot surface-to-air missiles that defend against low-altitude rockets, weapons experts said.

Kim Jong Un’s ‘Son of Scud’ Poses New Threat to U.S. Troops

Li Nan, a visiting senior research fellow at the East Asian Institute specializing in Chinese security and military policies at the National University of Singapore, described China sending a missile into orbit as “a game-changer.”

“If China was able to deploy one, that would basically neutralize U.S. missile defense,” Li said. “It makes it very hard for the U.S. to deal with this new type of missile and will make it very costly to combat and build up new capabilities to counteract this technology.”

After years of development, a U.S. Navy destroyer last year successfully intercepted a mock intercontinental ballistic missile designed to simulate one developed by North Korea. The test, which the head of the U.S. Missile Defense Agency described as an “incredible accomplishment and critical milestone,” would potentially allow ships in the U.S.’s Seventh Fleet to shoot down missiles in addition to 44 interceptors based in silos in California and Alaska.

The MDA plans to spend $45 billion between fiscal year 2020 and FY24, the Government Accountability Office said in April, after spending about $163 billion over the previous two decades. The Biden administration has pressed ahead with plans to develop a new anti-missile warhead and expand defense systems in Alaska and Europe, despite cost overruns and delays.

The U.S. and China have increasingly squared off in places like the South China Sea and Taiwan Strait as part of what the Biden administration has characterized as “strategic competition” between the world’s two largest economies. The threat of a U.S. strike that wipes out Chinese missiles before they can hit an American target, has long been seen as a deterrent against more assertive military action by Beijing.

The U.S., like Russia, holds more than 4,000 warheads, according to a June report by the Stockholm International Peace Research Institute. The PLA Rocket Force, by comparison, added about 30 warheads to its stockpile of about 320 bombs over the past year.

Developing hypersonic glide vehicles are one way for countries such as China and North Korea to make the most of their smaller number of warheads, said Melissa Hanham, a non-proliferation expert and an affiliate with the Stanford Center for International Security and Cooperation. She said there wasn’t yet any public evidence that either country was considering an orbital bombardment strategy.

‘Extremely Risky’
“However, weaponizing space in this way is extremely risky and destabilizing should any country pursue it,” Hanham said. “It raises that stakes of an unintended escalation which could lead to nuclear war.”

Pentagon Press Secretary John Kirby declined to comment on the Financial Times report Monday, saying only that Beijing’s efforts to advance its military showed why the U.S. regarded China as its “No. 1 pacing challenge.” “We have made clear our concerns about the military capabilities China continues to pursue, capabilities that only increase tensions in the region and beyond,” Kirby said.

The August test was one of several recent moves by Beijing that appeared intended to overcome U.S. advantages in both warhead stockpiles and missile shields and establish a more favorable balance of power. China is building at least 250 missile silos in at least three sites, according to independent analysisof satellite imagery, causing non-proliferation experts to speculate that the People’s Liberation Army might leave many empty to confuse and distract U.S. military planners.

Hu Xijin, editor-in-chief of the Communist Party’s Global Times newspaper, tweeted the Financial Times story Sunday, saying that Beijing would improve its nuclear deterrence to “ensure that the U.S. abandons the idea of nuclear blackmail against China.”

Ankit Panda, the Stanton senior fellow in the nuclear policy program at the Carnegie Endowment for International Peace, said China’s description of the test as a “space vehicle” likely can’t be taken at face value, since putting a hypersonic glide vehicle into orbit wouldn’t be routine. Although U.S. ship-based systems might be able to intercept such an attack by an intercontinental ballistic missile, Panda said, ground-based systems in the north wouldn’t.

“Existing U.S. counter-ICBM defenses all rely on intercepting the incoming warhead outside the atmosphere, which is partly why China has looked to gliders in the first place,” Panda said.

— With assistance by Lucille Liu

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