In The Crosshairs: China Targets The US Economy, The Greenback.

[Luigi1]

Here's an article of GCR concerns...

China Targets The US economy, the Greenback.

Treat as a rumor.  Not verified.  Your opine.

 

 

FROM OTHER SOURCES:        Change Is Happening In The Global Financial System.

ARTICLE:  Here we go.

China has announced a total ban on rare mineral exports to the US.

Again, Financial assets vs. Elements.

 

BREAKING NEWS: DEVELOPING COUNTRIES SPENT A RECORD $1.4 TRILLION TO SERVICE THEIR FOREIGN DEBTS IN 2023 AS INTEREST COSTS CLIMBED TO A 20-YEAR HIGH.

You wonder why change is happening in the global financial system?

The BRICS nations collectively accounted for about $578 billion in US imports.  There is good reason for the US to be worried about BRICS nations reducing their dependency on the Dollar.  The Dollar currently serves as the economic heartbeat of America.

 

BREAKING NEWS: CHILE AIMS TO INVEST $83 BILLION IN MINING THROUGH 2033

This is the world’s biggest producer of copper.

“About 52% of spending totaling $42.96 billion is pegged for projects planned between 2024 and 2026…”

 

Many Chinese metal importers have stopped buying United States copper scrap in anticipation of tariffs.

 

Finance vs. Elements.

China is the biggest importer of copper.

Russian President V************n questioned holding state reserves in foreign currencies, citing risks of political confiscation. Countries around the world pay close attention to these types of comments. Gold.

 

Jerome Powell says: “There is very, very broad support for the Federal Reserve to pursue monetary policy for the benefit of all Americans at all times.”

Thank you, Mr. Powell, for providing the joke of the day.

The French government has collapsed.

The world is a cold place, maybe that’s why I gravitate to gold.  What can you trust?

 

 

 

Luigi's two cents worth...

You can't have it both ways.

BRICS Target the US Economy then worries about BRICS trade to the US at the tune of $578 billion, annually.

China exerts it's monetary powers at destroying the US economy via boycotts & sanctions.

India has the most to lose as the US is it's largest export market.

Brazil is also very heavy dependent on the US market.

Other BRICS nations would suffer if there's a trade war & boycotts with the West.

Global trade wars have started & this will only lead to global hyper inflation & shortages.

There are no winners.  BRICS losses & so does the West.   IMHO.

[cjdavid]

First; America needs no other country on the planet to be able to survive and survive well!

 

Second; who is in who’s cross hair? If America does not purchase from other countries, relies on its own resources be that whatever it is, who is going to be hurting worse?

 

Third; if tariffs are applied, to imports to the US, who is going to be hurting worse? Hint, it won’t be the US. Especially if the US starts producing all the goods they consume. 
 

WWII proved that you should not mess with the US. They have everything needed to survive be it food, petro, technology, the list goes on and on infinity.

[Luigi1]

2 hours ago, cjdavid said:

First; America needs no other country on the planet to be able to survive and survive well!

 

Second; who is in who’s cross hair? If America does not purchase from other countries, relies on its own resources be that whatever it is, who is going to be hurting worse?

 

Third; if tariffs are applied, to imports to the US, who is going to be hurting worse? Hint, it won’t be the US. Especially if the US starts producing all the goods they consume. 
 

WWII proved that you should not mess with the US. They have everything needed to survive be it food, petro, technology, the list goes on and on infinity.

 

Absolutely.

China wants boycotts on the US.

We will see who screams uncle first.