China to dump 700 billion US bonds

[khansaheeb]

According to Peter Schiff's definition.

View attachment 591833

Thanks, I better short the dollar then.

 

[ChineseTiger1986]

Thanks, I better short the dollar then.

When the next global meltdown has been triggered, it gonna make the 1929 & 2008 crisis pale in comparison, and the US will no doubt be the center of the storm.

And the world should forgive China, since the US is the aggressor who is trying to bring down China at any cost, and they are literally trying to throw a stone in a glass house. China will have no choice but to financially retaliate with nuclear option like dumping massive amount of US treasuries.

 

[Pan-Islamic-Pakistan]

Now just dumping nearly 100 billion, and there are 1 trillion to go. @KungFuLee

https://new.qq.com/omn/20191126/20191126A0A2C200.html

Very nice to see that this economic warfare is finally getting an equal response by China.

Don't begin something if you can't end it. China has just started.

 

[ChineseTiger1986]

Very nice to see that this economic warfare is finally getting an equal response by China.

Don't begin something if you can't end it. China has just started.

They believe that the trade war is easy to win, then they will eventually get what they are asking for.

 

[Yaseen1]

i think it will cause recession in world economy and weak economies depending on dollar reserves will face problems

 

[Pan-Islamic-Pakistan]

They believe that the trade war is easy to win, then they will eventually get what they are asking for.

I want to see Turkey, Iran, and Pakistan join the fight against this kind of economic warfare as well. We can learn a few things from China in this department.

 

[ChineseTiger1986]

i think it will cause recession in world economy and weak economies depending on dollar reserves will face problems

The USD is literally a Ponzi scheme.

When you are too dependant on the USD, then it will facilitate the US to loot your country's wealth with more ease.

 

[ARMalik]

Hey can someone please tell this to Pakistan's incompetent and corrupt so called 'leadership' that they need to diversify into other currencies and gold?? But they are so F*ing corrupt and stupid that they will ultimately die of their own corruption.

 

[ChineseTiger1986]

I want to see Turkey, Iran, and Pakistan join the fight against this kind of economic warfare as well. We can learn a few things from China in this department.

The world needs more coordination to end the dependence on the USD.

This is not 2008 anymore, the rest of the world can easily create a new trade ecosystems without the US.

Hey can someone please tell this to Pakistan's incompetent and corrupt so called 'leadership' that they need to diversify into other currencies and gold?? But they are so F*ing corrupt and stupid that they will ultimately die of their own corruption.

Yep, the precious metals like the gold & silver are important assets for the portfolio diversification.

Not forgetting that President Xi is also showing its strong support for the blockchain, which is also an evident sign of disengagement with the USD.

 

[khansaheeb]

Hey can someone please tell this to Pakistan's incompetent and corrupt so called 'leadership' that they need to diversify into other currencies and gold?? But they are so F*ing corrupt and stupid that they will ultimately die of their own corruption.

Pakistani people are independent of the gov, they will survive whatever the gov does.

 

[Beast]

Yep, but this move will force the US to become completely rogue, even suicidal.

The US are rogue but not suicidal. They just need to to accept they are second best and life still goes on. It's better than death, right?

US cannot force China on anything with nuke. China has DF-41 that gurantee secondary retaliation that will wipe out US.

 

[ChineseTiger1986]

The US are rogue but not suicidal. They just need to to accept they are second best and life still goes on. It's better than death, right?

US cannot force China on anything with nuke. China has DF-41 that gurantee secondary retaliation that will wipe out US.

Most likely they cannot survive in the coming global meltdown since their own financial bubbles are now getting out of control.

If that's the case, then we need to be careful about those far right anti-China hawks who will be more prone to launch a suicidal attack against China. When a beast has been completely corned, it would have nothing to lose.

 

[PakSword]

Yep, but this move will force the US to become completely rogue, even suicidal.

You guys should brace yourself for a war man... either SCS, or through US's stooge in the region.. i.e. India.

The US are rogue but not suicidal. They just need to to accept they are second best and life still goes on. It's better than death, right?

US cannot force China on anything with nuke. China has DF-41 that gurantee secondary retaliation that will wipe out US.

US doesn't fight a war where it fears strong retaliation.. It uses its stooges in the region..

You will have to keep an eye on American agent countries in the region..

 

[ARMalik]

Pakistani people are independent of the gov, they will survive whatever the gov does.

I understand mate, but these douche bags will ultimately make the Pakistan people suffer.

 

[ChineseTiger1986]

You guys should brace yourself for a war man... either SCS, or through US's stooge in the region.. i.e. India.


US doesn't fight a war where it fears strong retaliation.. It uses its stooges in the region..

You will have to keep an eye on American agent countries in the region..

This time will be different when they feel they have nothing to lose.

Those far right anti-China hawks are in charge right now, and these guys are institutionally super racist who won't allow any non-white people to reach at the top of the world, and won't allow their children to live under the shadow of China.

They are going nuts right now, and when they were dealing with the Soviet Union, never seen they have done anything remotely close in a such form of hatred, bigotry, and hysteria.