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Unintended Consequences: Reaction to Russia-Ukraine War Will Weaken US Dollar (and hasten China’s ascent to global power)
Daily Trade Alert ^ | 03/06/2022 | Shah Gilani, Total Wealth

Posted on 03/06/2022 9:01:16 PM PST by SeekAndFind

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1 posted on 03/06/2022 9:01:16 PM PST by SeekAndFind
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To: SeekAndFind

Duh


2 posted on 03/06/2022 9:03:18 PM PST by unclebankster (Globalism is the last refuge of a scoundrel)
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To: SeekAndFind

Starting to sound like a See-Saw, with Russia sitting on one end, China sitting on the other end, leaving America as the
Monkey In The Middle.


3 posted on 03/06/2022 9:07:35 PM PST by lee martell
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To: SeekAndFind

Has there ever been a year where this ridiculous argument was not made?

So the yuan will be the global reserve currency.

Everybody now trusts China most.


4 posted on 03/06/2022 9:08:03 PM PST by lonestar67 (America is exceptional)
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To: SeekAndFind

It’s no accident.


5 posted on 03/06/2022 9:12:32 PM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: lonestar67
Everybody now trusts China most.

Well, I can't say that. But I can say I no longer trust the American government.
6 posted on 03/06/2022 9:13:56 PM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: SeekAndFind
If you have a country that wants to play within established rules, you can play in SWIFT.

If not, you can make yourself a slave of the Great Khan in Beijing.

Seems pretty clear to me.

Globalists want trade without political oversight, especially by pesky voters. One good thing about the Ukraine war is that part of globalism might just blow up.

7 posted on 03/06/2022 9:14:34 PM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: lonestar67

I wouldn’t want to hold my savings in Yuan, that’s for sure. China is more political than any country.

But now you don’t want to hold USD either.

Where to go?


8 posted on 03/06/2022 9:15:03 PM PST by PGR88
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To: SeekAndFind

Financial trust in China.

Good luck with that.


9 posted on 03/06/2022 9:15:07 PM PST by Pox (Eff You China. Buy American!)
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To: SeekAndFind

“… On Tuesday, CEO of JPMorgan Chase Jamie Dimon warned the world that cutting Russia out of the SWIFT system would yield “unintended consequences.”

That’s a monumental understatement.…”
********************************************************

I think that weakening the American dollar is an INTENDED CONSEQUENCE of the globalist DemocRATS running the Biden administration.


10 posted on 03/06/2022 9:15:09 PM PST by House Atreides
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To: JoSixChip
Everybody now trusts China most.

Now that's funny. No one trusts China, not even the Chinese, who move as much capital as they can outside of China.

11 posted on 03/06/2022 9:15:59 PM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: JoSixChip

The Pound may be the best bet right now.


12 posted on 03/06/2022 9:17:59 PM PST by LukeL
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To: JoSixChip

I trust China to unleash more biological warfare on the world after Covid worked so well for them. They never even had to take any blame.


13 posted on 03/06/2022 9:19:37 PM PST by JerseyDvl (During times of universal deceit, telling the truth becomes a revolutionary act.)
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To: JerseyDvl
I trust China to unleash more biological warfare on the world after Covid worked so well for them. They never even had to take any blame.

Well I personally believe china had help with that.
14 posted on 03/06/2022 9:21:20 PM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: lonestar67

Thank you. So tired of these brainless imbeciles thinking a majority of the nations of the world are going to magicall y trust the LYING, CHEATING, LAWLESS Communist Chinese to be the guardians of the worlds reserve currency. China lied and lied and lied about covid and millions died.


15 posted on 03/06/2022 9:21:43 PM PST by BiglyCommentary
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To: pierrem15

No one trusts China, not even the Chinese, who move as much capital as they can outside of China.

It’s hard facts like that these dolts just dont know or just ignore.


16 posted on 03/06/2022 9:24:14 PM PST by BiglyCommentary
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To: SeekAndFind

Almost like a plan.


17 posted on 03/06/2022 9:30:05 PM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: lonestar67

What will most likely happen is that major players will want a foot in both camps as an insurance policy against future instability.

Insurance is not “ridiculous”, it is just common sense.


18 posted on 03/06/2022 9:30:37 PM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: BiglyCommentary

I think they might reconsider it very shortly. The looting of the assets of Russian “oligarchs,” many of whom are totally unrelated to Putin, is an eye-opener.


19 posted on 03/06/2022 9:31:48 PM PST by NorseViking
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To: NorseViking

My simple rule—whatever the elites can do to Russians today, they can do to you tomorrow.


20 posted on 03/06/2022 9:34:37 PM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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