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This post was edited by abramicus at 2014-12-17 15:32|
Dacarys Post time: 2014-12-16 17:03
more than one hold the same opinion as you .
so the simplest and the most efficient way is to call p ...
Absolutely, I believe there are many out there who hold the same opinion, because truth has a way of making itself known to people far apart from each other, yet they all see the same light.
It seems they are AFRAID of touching the cartel behind the hijacking of China's economy and making it serve the interests of foreign powers, including Japan, where, by its simultaneous devaluation of the Yen, as the PBOC revalues up the Yuan, a huge portion of China's would be revenues in exports IS automatically left on the table for Japan to pick up. And a huge portion of China's own domestic market is taken away from domestic manufacturers who cannot price their goods competitively against the Japanese and other foreign manufacturers enjoying the overvaluation of the Yuan, and able to price their goods below the cost of Chinese producers.
So much for the ballyhoo about rooting out corruption . . . China's 4.1 trillion dollars of foreign reserves is already being cleaned out very rapidly . . . openly, in September and October to the tune of almost 200 billion dollars in the form of capital flight . . . covertly, in the past two years in the explosion of China's foreign-currency denominated debts that sprung from nothing to a whopping 1.5 trillion dollars, all of which have to be paid through withdrawals from the PBOC's foreign currency reserves. Just the two items have already taken out 1.7 trillion dollars from China's foreign currency reserves, which is now effectively worth only 2.4 trillion dollars only. But if you count the actual cost of the debt service for foreign-currency-denominated loans in terms of the actual cash (dollar) flow over the term of the loan, the 1.5 trillion dollars of debt to foreign banks is equivalent to a claim of about 3.5 trillion dollars on the assets of the PBOC's foreign currency reserve.
On top of this, all future revenues of the Chinese manufacturers are eliminated by means of the overvalued Yuan, and this LOST OPPORTUNITY COST is going to be shaved off from China's annual $2.21 trillion dollars of its total exports, so there is even more fat that they can shave off the Chinese golden ham each year by revaluing the Yuan, than by the mere plundering of its 4.1 trillion dollar foreign reserves, that as demonstrated in the earlier paragraph is practically all under some form of lein to foreign banks by now.
Only a Chinese mastermind can CREATE such a gigantic enterprise.
Forget the China Dream, we can already compute that the Chinese piggy bank is virtually broke by now.