China must never ever enter into the reconstruction of
Ukraine. Let the IMF and World Bank do all the financing. Ukraine is in
no position to repay any reconstruction financing, knowing its liability
accumulated through its weapons sourced from the West, and Ukraine can
only end up in a debt trap.
The USA and the West are attempting
to use the assets seized from Russia to fund the reconstruction of
Ukraine. Well, Russia is now seizing USA and Western assets in Russia to
use as collateral against its assets seized by the West. China will be
able to do the same if the USA and the West tries the same trick in
times of conflict. What is sauce for the goose is also sauce for the
gander.
China is selling off its USA assets and treasuries fast
and furious and pulling out its investments in USA and EU.
De-dollarization is working well for China and Investing in the BRI is
one avenue that had been ongoing for decades and being used successfully
by China, instead of using its US$ trade surpluses to invest in
treasuries and other US$ assets.
Funding infrastructures in the
BRI is a masterstroke by China, using this as an avenue to recycle the
trade surpluses it accumulated instead of investing them in very unsafe
investments that benefits the USA and Europe. China should thank the USA
and EU for assisting its de-dollarization move to divests its
footprints in the USA and Europe. As I said many times before, there are
so many safer opportunities for China now to invest in the Global South
countries, like Mexico, Brazil and Africa among others.
Anonymous
Good morning All
ReplyDeleteJepun tried to pull a fast one to dump their Trashy Bonds and UAss$ by offering to buy the UAss Iron and Steel Mill.
In a way NOT to antagonise their Doggie Handler if they were to dump these trash too openly.
The UAss pulled their leash to choke the Japs Throat to stop their ploy.
Those who still held the UAss Trash Treasury Bones, oops Bonds and currency going to be bankrupt soon.
Below George Galloway's narrative that BRICs gonna bankrupt the UAss and their White Cronies and Lackeys.
Luckiky long long time ago had Alipay Account and convert Sin$$ to Yuan fast.
MOT kaput!
https://youtu.be/5PVl1bKiaUU?si=cG-JgUPP60-k9Enu
ReplyDeleteGeorge Galloway's with Judge Napolitano
USA banks are hiding massive unrealized losses on their bond purchases over the years. Most USA banks are insolvent like Japanese banks but are not allowed to fail. Widespread bank failures will bring down the house of cards.
ReplyDelete