Posted on 03/05/2023 5:55:44 AM PST by zeestephen
AWWWWW...POOR DEAR! Excuse me while I wipe away these tears!!
We should just nationalize all Chinese holdings in this country.
We hold the key to defeating the CCP and few recognize it because it would cause our elites and to a lesser extent all of us to lose a little money or wealth.
Simply end ALL business with the CCP. All of it. I have nothing against the Chinese people, but their regime is hellbent on destroying us so why do we continue to fund this?
Why not just come out and state clearly to Chairman Xi that if he invades Taiwan and cannot behave we will cut ourselves off from him and his nation completely. We could even offer interest free loans for American companies to move manufacturing back home (with some loan forgiveness for a successful move) or let them move plants to other nations not under communist control. At this point, as much as I decry our debt, it would be cheaper than a full-blown war and save a lot of lives. I also think some of our foreign manufacturing constitutes a national security threat (pharmaceuticals for example).
China appears to be the biggest bubble in the history of mankind right now and the CCP is looking to divert attention from it much as our own media/regime look for distractions. It is time our government acknowledges that we can pop the bubble in China and as a side benefit we can watch our corrupt elites cry at the same time.
In Western media, Xi is built up as some kind of Chairman Mao type figure, but in reality $$$$$ controls the CCP and you cost the CCP elites their fortunes and you will find out quickly that Xi is NOT the big man on campus you thought he was..... His inner circle is about making money. Trump understood that but few others seem to get it (or use it as leverage).
This much ignored grenade is why they will pull out every stop (as they did with the CCP virus) to defeat Trump in 2024 because they know it is true. He is an existential threat to the CCP, Wall Street elites, and the bureaucracy because he understands this leverage.
It won’t be pain-free for us, but it avoids a large scale war (I don’t even want to guess what that would cost) and we have the chance to emerge stronger on the other side even as we watch the CCP implode. This is the power of Trump and it is why he is the only President in my lifetime who appears capable and willing to use the power we have because the people hurt most are NOT his donors or friends.
see my post above - that is why we need to withdraw ALL financial arrangements from China. It will cause us some pain, but the people here in the US that it hurts the worst are the ones who work with the CCP (and the same ones who undermined Trump).
If China lost the largest part of their exports they will be hurt worse than we will be. We must disengage with them and most of our financial entanglements are found in the WEF banksters on Wall Street. Mr. Mobius just figured this out apparently......
“ be “very, very careful” about investing in an economy under a tight government grip...”I have an account with HSBC in Shanghai. I can’t take my money out”...”They say: give us all the records from 20 years of how you made this money...”
That sorta sounds familiar to Sodom on the Potomac
What was he expecting?
History shows that people like him are simply useful tools, until they lose their usefulness.
A fool and his money.
What did he expect?
“The Capitalists will sell us the rope that we will hang them with.”
Police of the safety of the US government dollar. The model of responsibility
cautioning investors to be “very, very careful” about investing in an economy under a tight government grip...
Folks,
I can’t post enough to read the above.
Unfortunately after reading it you say it is about the USA.
This will hurt China's currency not protect it.
US Government is hardly responsible, just everyone else is even worse or too small (eg: Switzerland) to matter. The US has a flu, the Euro has pneumonia and China has cancer. None of those 3 are fun places to be, but you still pick the flu over over the othertwo.
Kudos to China.
Don't discount the possibility that the dollar will cease to be currency of international trade without being replaced by a new currency.
Again, but what entity? The eurozone is in worse shape in every way than the US and China is completely untrusthworthy. No one else remotely close enough to a large enough economy. South America is a basket case - and even if they banded together to form a single currency, its still supported by more basket case countries than the US and Europe. Russia, despite our media is 1/10th of our size economically and Putin is on the naughty list for most at any rate. Maybe in 50 or 100 years that could be India if they really get their stuff together but not now. So no, it's just the US dollar, or perhaps gold as the only long shot. China could have been it but the path they've choosen over the last 5 years ensures that will never happen. Every board room in America and Europe is de-emphasizing China or not going at all.
I wouldn’t do that because 1 person can’t get their cash out. But If it happens on a regular basis, then yes.
But we have a Dumbass ,as president.😝
Nice to here! you got duped!!!!
Should have studied the Bible more. People try EVERYTHING else to solve their problems EXCEPT the Bible:
Proverbs 23:4-5: “Do not weary yourself to gain wealth. When you set your eyes on it, it is gone. For wealth certainly makes itself wings Like an eagle that flies toward the heavens.”
https://bible.com/bible/100/pro.23.5.NASB1995
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