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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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To: NorseViking

No they wont. Their greatest fear is all of a sudden becoming an enemy of the state like China’s richest man, founder of Alibabba, Jack Ma. Phony charges and over night their wealth is confiscated. Xi and his faction of the party wage war against competing party groups. Its like when the US rats want to take someone out who gets out of line. Since they all have dirt, it’s easy. Coooomo (hat tip to Rush, rip) is a recent example.


21 posted on 03/06/2022 9:40:55 PM PST by BiglyCommentary
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To: SeekAndFind

No rational person wants to play in a sandbox were your wealth can be stolen on a whim.


22 posted on 03/06/2022 9:46:56 PM PST by WMarshal ("No war for communism"What a fan of the swap you are)
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To: cgbg

Aye, Canadian truckers and protesters took it up the wazoo before the Russians.

Apparently this is how the world operates now and listening to our government officials talk on the shows about how they would handle the truckers—it made clear they’ve had these ideas and plans for a while.

We need to revive a world outside of electronics and computers if we want to be free.


23 posted on 03/06/2022 9:50:07 PM PST by Irenic
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To: SeekAndFind

Western governments keep taking actions that push Russia further and further into China’s deadly embrace.


24 posted on 03/06/2022 9:52:00 PM PST by Arcadian Empire (The Baric-Daszak-Fauci spike protein, by itself, is deadly.)
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To: SeekAndFind

China has received the message loud and clear regarding sanctions. Believe it or not, with their current real estate slump and extreme leveraging of all assets, China’s economy is an even larger house of cards than the US. (30% of China’s GDP is real estate, and nearly every Chinese investor is heavy in real estate that is no longer selling.)

Attack Taiwan? Fine, keep your container ships at home and see how your economy suffers, Winnie. Russia and the few nations who have sided with them have very small economies, and that would not sustain the Chinese economy in that new financial ecosystem.

Also attacking Taiwan would logically result in the US nationalizing all Chinese assets here - a huge hit.

The reserve currency fear porn has gone on as long as the climate fear porn.


25 posted on 03/06/2022 9:54:56 PM PST by datura (Eventually, the Lord and the Truth will win.)
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To: BiglyCommentary

LOL. Except the West is confiscating right now....for being a Russian. Nice try though. I think you’ll see until the end of the year.


26 posted on 03/06/2022 9:57:22 PM PST by NorseViking
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To: datura

“Believe it or not, with their current real estate slump and extreme leveraging of all assets, China’s economy is an even larger house of cards than the US. (30% of China’s GDP is real estate, and nearly every Chinese investor is heavy in real estate that is no longer selling.)”

Nice job. That needs to be repeated again and again.


27 posted on 03/06/2022 10:01:02 PM PST by BiglyCommentary
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To: datura

“The reserve currency fear porn “

As long as I’ve been alive the gold bug sites have pushed death of the dollar noise. WHY? Because if the US dollar is going to implode any moment, you dont need to be concerned about buying gold and silver from them with huge margins/markups. The other reason is just pure ignorance of what makes a currency a reserve cuurency.


28 posted on 03/06/2022 10:11:48 PM PST by BiglyCommentary
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To: BiglyCommentary

The dollar should be around for at least 200 to 500 years.
What its purchasing power will be, will be recorded at those later dates.

Many “ups & downs” to come.

If people don’t like my rather large time frame:

“Tough, I’m a climate change scientist, I don’t have to be precise.”


29 posted on 03/06/2022 10:24:27 PM PST by unclebankster (Globalism is the last refuge of a scoundrel)
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To: SeekAndFind

Looks more like intended consequences.


30 posted on 03/06/2022 10:26:44 PM PST by antceecee
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To: JoSixChip

You are wise. Remember Ruby Ridge, or Waco? As to China , their socio-economic woes will cause them to collapse inward in due time. I do feel that they will go for Taiwan, but with limited success.


31 posted on 03/07/2022 12:40:01 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dreams)
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To: SeekAndFind
The idea that major corporations and free governments will switch to the Chinese Communist Party inter bank messaging system is absurd.

Chinese currency (the renminbi) does not even trade freely on international markets. It has a fixed exchange rate, and the quantity of Chinese currency available to trade is also controlled by the Chinese Communist Party.

Finally, the international financial markets are completely ignoring EVERY threat to the US Dollar.

As I write this, the US Dollar March Future Contract is trading at 99.05, less than one penny below par.

In the last eight months, the value of the US Dollar has increased by 10%, which is a significant increase for any major currency.

32 posted on 03/07/2022 1:49:30 AM PST by zeestephen
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To: Irenic
Re: "We need to revive a world outside of electronics and computers if we want to be free."

You will not be free if it takes three weeks to confirm a currency trade.

Entrusting your money to the US Postal Service is not a solution to anything.

33 posted on 03/07/2022 1:59:32 AM PST by zeestephen
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To: zeestephen
You will not be free if it takes three weeks to confirm a currency trade.

This is not the best example that you might have used. I doubt that Canadian Truckers, and anyone else on the wrong end of Government sanctions, are worried about currency trading.

Regular people want to buy food and gas, and otherwise be able to receive and dispose of the fruits of their labor, without the interference of the totalitarian state.

Physical currency - perhaps even physical money in its true sense - is key. Both are less efficient than digital currency, but while they exist as a viable alternative then the totalitarian state is limited.

Physical currency, and better, physical money are arguably like having guns: you don't use them every day, but they act as some guarantee of freedom.

34 posted on 03/07/2022 2:31:10 AM PST by agere_contra
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To: JoSixChip; null and void

(and the acceleration of China’s progress from third-world nation to global power.)

That’s what I was thinking. Maybe it’s not an accident at all./shiny side out


35 posted on 03/07/2022 3:06:52 AM PST by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: SeekAndFind

(another likely Lehman moment)

September, 2022? 🤔


36 posted on 03/07/2022 3:09:12 AM PST by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: SeekAndFind

Doubt it. I don’t think the world will rush to China’s arms after seeing them support the whackjob in Russia and his outrageous decisions.

The “demise” of the dollar as the global currency has been predicted many times before. It doesn’t happen. People trust us more than anyone else.


37 posted on 03/07/2022 4:04:39 AM PST by Vaden (CAUTION: Defending Putin=Defending Hitler=MAGA Destruction)
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To: SeekAndFind

Not unintended, it’s intended.


38 posted on 03/07/2022 4:23:47 AM PST by Pete Dovgan
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To: JoSixChip; GOPJ; DoughtyOne
Well, I can't say that. But I can say I no longer trust the American government. The Biden gang has switched from SWIFT to GRIFT.
39 posted on 03/07/2022 4:41:37 AM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: JoSixChip; GOPJ; DoughtyOne
Oops, html problem.

Well, I can't say that. But I can say I no longer trust the American government

The Biden gang has switched from SWIFT to GRIFT.

40 posted on 03/07/2022 4:45:28 AM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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