Senate rejects Trump deal, reinstates ban against ZTE (China Telecom)

[The Accountant]

Well to start off with americans are not that stupid to let some one ruin their long well oiled financial system. Its not just America alone its the entire western world which is involved.

Now however smart china may be it will still be alone in this financial war. Second remember the rule if you owe the bank $2 trillion dollars its not your problem. Its banks problem.

China can go ahead and dump the dollar but they are not doing it why? Isn't true that china wants to overtake US or become sole superpower just like US is? Then why is it not taking any action when it has the advantage.

As for china encashing US currency yeah let them do it , but it will only be china & motley crew not the entire world. US dollar will be volatile for a year or 2 then it will be back in business. Mean while what will china do, where will its exports go?

Hey its not so simple. Remember irrespective of however things are bad US has some how floated, how about recent housing crisis where they screwed up royally? It will just another crisis and another day. One big advantage of imposing your financial system on the world is that you can do what ever you want without sweating much.

Bro you have no knowledge on international financial systems and current situation. I suggest rather than forming a baseless wrong opinion try to learn from other knowledgeable persons on the subject ...

First of all i used the word hedge. China has hedged by buying US bonds so that if US try some type of economic warfare then it effects both of them equally ...

Regarding 2008 crisis, who said its over ? They just postponed by issuing more treausry bonds i.e. obtaining more loans and paying it to banks and companies to save them from default ...

The recent move by US against China are desperate move as their own local organizations are unable to compete against china and are therefore getting non-profitable ...

Anyways this is a complex topic, if you want to live in a fantasy world but you can check yourself that as per peojections of world financial institutions US will no longer be world top economy in future ... It will be China ...

 

[Viva_Viet]

Bro you have no knowledge on international financial systems and current situation. I suggest rather than forming a baseless wrong opinion try to learn from other knowledgeable persons on the subject ...

First of all i used the word hedge. China has hedged by buying US bonds so that if US try some type of economic warfare then it effects both of them equally ...

Regarding 2008 crisis, who said its over ? They just postponed by issuing more treausry bonds i.e. obtaining more loans and paying it to banks and companies to save them from default ...

The recent move by US against China are desperate move as their own local organizations are unable to compete against china and are therefore getting non-profitable ...

Anyways this is a complex topic, if you want to live in a fantasy world but you can check yourself that as per peojections of world financial institutions US will no longer be world top economy in future ... It will be China ...

And u r not even CNese................end of story, Nothing else to say until u can get a Cnese passport.........but Im sure that u love US-Aussie passport more .

 

[The Accountant]

And u r not even CNese................end of story, Nothing else to say until u can get a Cnese passport.........but Im sure that u love US-Aussie passport more .

What a ridiculous comment is that?

You Indians are pathetic and do not worth attention ... Kindly dont quote me again .

 

[jetray]

Bro you have no knowledge on international financial systems and current situation. I suggest rather than forming a baseless wrong opinion try to learn from other knowledgeable persons on the subject ...

First of all i used the word hedge. China has hedged by buying US bonds so that if US try some type of economic warfare then it effects both of them equally ...

Regarding 2008 crisis, who said its over ? They just postponed by issuing more treausry bonds i.e. obtaining more loans and paying it to banks and companies to save them from default ...

The recent move by US against China are desperate move as their own local organizations are unable to compete against china and are therefore getting non-profitable ...

Anyways this is a complex topic, if you want to live in a fantasy world but you can check yourself that as per peojections of world financial institutions US will no longer be world top economy in future ... It will be China ...

Ok let me agree with you for argument sake, if china has the advantage tell me why they are not making the move? Why they are not dumping the bonds? what is preventing china from replacing dollar with yuan?

US is just not economic power alone but also a technological power as well.

 

[frequency]

And u r not even CNese................end of story, Nothing else to say until u can get a Cnese passport.........but Im sure that u love US-Aussie passport more .

Your comments are hilarious.

 

[The Accountant]

Ok let me agree with you for argument sake, if china has the advantage tell me why they are not making the move? Why they are not dumping the bonds? what is preventing china from replacing dollar with yuan?

US is just not economic power alone but also a technological power as well.

Its a hedge man , Do you know what does hedge means ?

No one will benefit from world financial crisis not even China,,, China will loose economic progress and a big export market ...

OBOR and CPEC are plans by the help of which China is creating trade ties and start using its own currency for bilateral trades. Once China reduce its dependency on US Dollar for international payments and have sufficient enough customers around the world only then China can ditch US ... But it might take decades ...

REgarding technological power, yes it is but only due to the fact that Dollar is the world currency so they have unlimited powers to borrow from the world ,,, they are using dollar as commodity ... If you Indians export something to US then what does US has to offer you in return ? its just a piece of paper ... isnt it ?

Now imagine of all the countries of the world loose confidence in US and send back all the dollars and demand goods against those dollars then do US has that many assets ?

Anyways bottomline is currently it is stalemate both US and China cannot take on against each others ...

 

[Viva_Viet]

Your comments are hilarious.

CNese have short vision due to low IQ,they also make friend wt low IQ ppl while their enemy US is very strong and smart....thats why CN will be torn apart in 2023 like Libya due to low IQ, short vision and useless friends.

I still remember colonel Gaddafy said "my ppl love me..!" ..yeah, and King XI now also trying to believe that his CNese ppl and his low IQ friends will support his corrupted family against TW-US

I also see that millions of CNese "friends" seeking for US-Aussie passport much more than CN's one...why ??.......CN is winning based on comments from CNese "friends"on this thread

 

[frequency]

CNese have short vision due to low IQ,they also make friend wt low IQ ppl while their enemy US is very strong and smart....thats why CN will be torn apart in 2023 like Libya due to low IQ, short vision and useless friends.

I still remember colonel Gaddafy said "my ppl love me..!" ..yeah, and King XI now also trying to believe that his CNese ppl and his low IQ friends will support his corrupted family against TW-US

I also see that millions of CNese "friends" seeking for US-Aussie passport much more than CN's one...why ??.......CN is winning based on comments from CNese "friends"on this thread

Yup, may thang cho Trung Quoc. They living the dreams. lol

 

[Viva_Viet]

Yup, may thang cho Trung Quoc. They living the dreams. lol

They try to look strong on internet when they r just washing dishes in some dirty restaurants and beaten by bad bosses every day in real life