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HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree

 
Anonymous Coward
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Austria
10/04/2022 01:54 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Will this make our inflation worse?
 Quoting: Anonymous Coward 83689824


those dollars gotta go somewhere
 Quoting: Anonymous Coward 76423614


They will be trying to buy real estate driving up prices to insane levels, especially farmland, gold silver, ammo, anything that might hold value

Europe will be doing the same thing as they crash, all those dollars are coming home


We should ban foreign ownership of real estate in the usa
 Quoting: Justsayno


Way too late. Real estate was already bought up by foreign, soon to be occupants, in the USA.
JimmyBones

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United States
10/04/2022 02:08 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
I called it.

Thread: Real DOOM. 10/07. Financial Meltdown
R!€k¥ MModerator
Senior Forum Moderator

10/04/2022 02:09 AM

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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Total fucksville world-wide. I pray cooler heads prevail..my gut says the spiral down is hitting 6th gear.
 Quoting: Woogy


titanic
Anonymous Coward
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10/04/2022 02:19 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Amazed that all the drs who were experts on the pandemic,are also expert economists,never have I felt so humbled.
Anonymous Coward
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United States
10/04/2022 02:40 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Amazed that all the drs who were experts on the pandemic,are also expert economists,never have I felt so humbled.
 Quoting: Anonymous Coward 80500876


LOL!
Anonymous Coward
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10/04/2022 02:46 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
We always knew 2020 was the decade China would end. The Han ethnicity is the next one to go extinct, after it the Europeans if they dont get their act together
Anonymous Coward
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10/04/2022 02:55 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
They're dumping the dollar. Soon it won't be worth shit. Soon, a loaf of bread will cost $100.
Anonymous Coward
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United States
10/04/2022 03:22 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Biden will outlive the USA.

He is the form of its Destructor!

bidendid
 Quoting: Anonymous Coward 84304533


You guys are stupid.

Anyone who posts that is just displaying how ignorant you are.
Anonymous Coward
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United States
10/04/2022 03:23 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
It’s funny.

I think anyone knows what’s going on yet posts comments.
Anonymous Coward
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United States
10/04/2022 03:24 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
I don’t think..
Anonymous Coward
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United States
10/04/2022 03:51 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
Biden will outlive the USA.

He is the form of its Destructor!

bidendid
 Quoting: Anonymous Coward 84304533


You guys are stupid.

Anyone who posts that is just displaying how ignorant you are.
 Quoting: Anonymous Coward 82545254


are your gas prices going down, Mr Genius?

lol

Biden tricked your ass.
Anonymous Coward
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10/04/2022 04:22 AM
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Re: HOLY MOTHER of PEARL!! Red Friggin Alert!! China tells state banks to prepare for a massive dollar dump and yuan buying spree
it just means they get out of the USD before it becomes toiletpaper.

These things are worth taking note of, prepare accordingly.

It is a big signal in a long line of signals that something is about to go bust.
 Quoting: NIMST3R


Thing is though any currency that has even a possibility of replacing us is MUCH heavier in debt than we are. That combined with the fact China can just confiscate whatever it please at whatever time for whatever reason makes it difficult to make an argument for the yuan. China's hidden debt also exceeds 200% this is a death blow for that as a currency replacement.

Russia doesn't have much debt but they also dont manufacture much, finance much build large infrastructure projects outside of Russia or even much inside.

Not sure who would be replacing the US dollar as the hegemon at this point





GLP