Author: tenderloin

How long China must prepare to fight this trade war?:minimum, 2 years [Copy link] 中文

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Post time 2018-4-1 17:22:57 |Display all floors
This post was edited by tenderloin at 2018-4-1 17:23
seneca Post time: 2018-4-1 17:10
Simple. If China makes some concessions upfront that no doubt will buy it a lot of goodwill from the ...

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Post time 2018-4-1 17:24:58 |Display all floors
tenderloin Post time: 2018-4-1 17:22
Want simple concession?

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Post time 2018-5-19 09:20:24 |Display all floors
Why China is addicted to US dollar ?  DEBT my friend.

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There are now 29,840 BMBs ready to go off in China. There used to be 30,000 at the beginning of the year but just a few disintegrated, one of which cost them $200 billion from their pile of US bonds. A BMB is a Bernie Madoff Bomb.

The Japanese said the same lies in the 80's and look what happened to their economy. But you have to realize that the Chinese are orders of magnitude heads and tails well above the lying capabilities of the Japanese.

In the current trade negotiations if the options are a full boycott of China or an immediate reciprocal trade deal without the current restrictions, the Chinese Communist Party is finished.  All of the figures that China publishes are off by at least 80% if not more. There are empty cities, parking lots full of 100,000's of cars and all kinds of imbalances.

But you know what I am saying is true because of all the people who scammed money that are getting out of China and hiding assets all around the world.

But the sad part is when they go down they will take most of the world banks with them so we will suffer greatly but no where near what they will.

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