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13 comment(s). Last comment by value88 2020-05-03 15:08

Icon8888

18,658 posts

Posted by Icon8888 > 2020-05-01 14:16 | Report Abuse

Bring it on

See who pookai first

chinaman

3,198 posts

Posted by chinaman > 2020-05-01 14:23 | Report Abuse

Read below again carefully on US plan on all treasury bonds.. Only idiot still holding US bonds....NO WAY US govt. able to settle its mountains of debts at the end, which at long term no way at hiking path unless manipulated
quote****
The Washington Post, citing two people with knowledge of internal discussions, reported yesterday that some officials had discussed the idea of cancelling some of the massive US debt held by China as a way to strike at Beijing for perceived shortfalls in its candidness on the Covid-19 pandemic.

Trump’s top economic adviser denied the report. “The full faith and credit of US debt obligations is sacrosanct. Period. Full stop,” White House economic adviser Larry Kudlow told Reuters.

Asked whether he would consider having the United States stop payment of its debt obligations as a way to punish Beijing,

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-01 15:40 | Report Abuse

Remember remember the month of May
I see no reason why the sell in May and go away adage should ever be forgot

valuelurker

1,133 posts

Posted by valuelurker > 2020-05-01 15:43 | Report Abuse

On Monday we shall the MCO effect being lifted vs the the onslaught of losses and impending defaults and bankruptcies and the realisation that all is lost

Posted by StockStock > 2020-05-01 17:59 | Report Abuse

That's why Dow future dropping now hehe.

ks55

3,452 posts

Posted by ks55 > 2020-05-01 22:50 | Report Abuse

Blog: World’s biggest central banks meet as pressure mounts to do more

Apr 27, 2020 11:07 AM | Report Abuse

Salient points from this writeup:

1. Eurozone economies may shrink 15% in 2020

2. 3 Central Banks i.e. FED, BoJ and ECB going to set rules and regulations for world financial order. Ignoring other economies and their voices.

3. No participation of world second largest economy will not bring fruitful expected outcome.

4. FED balance sheet stood at US$6.57 trillion. It may as well go up to US$ 10 trillion when Central Banks of other nation start selling US T-Bills and Bonds. FED need to print more money to buy those unwanted T-Bills and Bonds.

5. US$ very soon will become Banana Currency. And Gold will be US$ 1 million per kg. US dollar collapses and WW III begins.

6. US-China economy will decoupling sooner than expected. May be soon after Covid-19 pandemic, China will say we are not selling these and these to US companies, and we are not accepting US$ as payment. All quotation with third country will be RMB.

ks55

3,452 posts

Posted by ks55 > 2020-05-01 22:56 | Report Abuse

Blog: Coronavirus? China’s commodity imports remain robust

Apr 15, 2020 4:10 PM | Report Abuse

Haha.....
China is clever not to buy more US T-bills, but to hoard more strategic war material just in case Donald Duck resort for war to end deep depression like what had happened in WW II.

Also is good to stock up inventory for economic reason when demand for the commodities is low, thus can buy more with same amount of money.

Most important is to keep out from US T-bills, don't be like a fool again in 2008/9 US credit crunch when China extend a helping hand, but only to be bitten by the ungrateful dog.

Don't underestimate what this Duck can do in order to shift focus of those idiot Americans....He may start war with Iran, or to create military confrontation in South China Sea.He may want to forfeit debts owed to China too.......

ks55

3,452 posts

Posted by ks55 > 2020-05-01 22:58 | Report Abuse

Blog: Coronavirus Pandemic: Economists warn of 'great depression' scenario in the US

Apr 6, 2020 4:21 PM | Report Abuse

New world order emerges after Covid-19.
UK will be like Russia immediately after Soviet dismantled or at best like Russia of 2004.
US will be like China in the 80's.
China and Russia will rule the world.
EU will kowtow to China begging for trade opportunity.
Australia will be like a dog following its master US for a bone.
India, as usual, will be fence sitter.

AFRICA will be the next growth centre fully benefited from OBOR........

ks55

3,452 posts

Posted by ks55 > 2020-05-01 22:59 | Report Abuse

Blog: US Fed aims 'bazooka' to backstop coronavirus-hit economy

Apr 2, 2020 12:34 AM | Report Abuse

With coronavirus in play, and US has no means to stop the virus, it will have to lockdown the whole country indefinitely.
US economy will have no chance to recover in next 6 month.

Best timing for China to seek economic decoupling, sell T-bills now, stop trading with the US, stop trading with 3rd country using USD as its value can only heading south.

When USD lost its lustre, US dooms. New world order emerges...........

qqq33333333

3,053 posts

Posted by qqq33333333 > 2020-05-02 02:29 | Report Abuse

Trump think shooting China will get him reelected elected but only managed to scare the market..... Back to the drawing board for him

xxxx

1,349 posts

Posted by xxxx > 2020-05-03 08:25 | Report Abuse

All signs point to extremely difficult times for Idiot Trump's US. He will lose the November election for sure and the world can breathe a sigh of relief. He has disrupted the world. Rex was correct to call him a moron.

value88

701 posts

Posted by value88 > 2020-05-03 15:03 | Report Abuse

More tariff on China ? I don't think Trump dares to do so from now till Nov'20 election.
The reason is US is struggling to recover from economic downturn. What they need to do is to think of many ways to boost their economic activity and employment. Imposing further tariff on China goods will go opposite direction.

value88

701 posts

Posted by value88 > 2020-05-03 15:08 | Report Abuse

If Trump wins the coming election, more tariff on China is possible bcos he will has nothing to lose. But, before Nov'20 election, I don't think so. He will continue to attack China, especially verbally, from now till election day bcos he knows most American love to hear that. Anti-China move will win votes for him.

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