“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
Dont laugh! China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
02-07-2023, 10:50 AM
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
02-07-2023, 11:05 AM
If hidden, how come Bloomberg knows?
02-07-2023, 11:12 AM
Is it good or bad for china?
02-07-2023, 11:18 AM
On paper maybe, in realism maybe tio corrupted and makan clean clean by various CCP officials, just like their food reserve If winnie go check suddenly will see fire broke out everywhere.
There was a time when the country asked ordinary men to do extraordinary things.
But now, they'll only do it for money.
02-07-2023, 11:19 AM
Animals hide collected food for winter seasons,
Cactus survive by storing water in their thick leaves,
SG prepared for bad days by building reservoirs and alternate sources.....
China created it own giant Piggy bank to prepare for challenging times.
As the old Chinese Wisdom advise ....储蓄是一种美德.
Cactus survive by storing water in their thick leaves,
SG prepared for bad days by building reservoirs and alternate sources.....
China created it own giant Piggy bank to prepare for challenging times.
As the old Chinese Wisdom advise ....储蓄是一种美德.
You've got friendly neighbours? Grow Up! - 李光耀 2013
02-07-2023, 11:20 AM
Yellen is going to visit China later this month to force China to buy more bonds, this piece of news is to tell China the U.S. knows China has more money to buy bonds and dunt act like blur.
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02-07-2023, 11:22 AM
The U.S. is very bad, after raising the ceiling of national debts recently, it now forces China and other countries to bare the debt difference….so that it can continue spending more money in the future.
[Image: https://i.gifer.com/7ZqO.gif]
02-07-2023, 11:28 AM
(02-07-2023, 11:20 AM)lvlrsSTI Wrote: Yellen is going to visit China later this month to force China to buy more bonds, this piece of news is to tell China the U.S. knows China has more money to buy bonds and dunt act like blur.
(02-07-2023, 11:22 AM)lvlrsSTI Wrote: The U.S. is very bad, after raising the ceiling of national debts recently, it now forces China and other countries to bare the debts….so that it can continue spending more money in the future.
Last time China was rich with Silver and Gold from trade with British with their Pocelein, Silk and Tea.
The Brit in 1800s, like Americans today, discovered they spent so much on Made-in-China exports until no $ enuf - resulting in huge trade deficit with the Chinese nation.
That was why the AMTK King not happy and wanna sell Opium to China ....by force.
You've got friendly neighbours? Grow Up! - 李光耀 2013
02-07-2023, 11:34 AM
(02-07-2023, 11:05 AM)winbig Wrote: If hidden, how come Bloomberg knows?
You dont know what is called 奉旨泄密 meh?
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
02-07-2023, 11:40 AM
(02-07-2023, 11:28 AM)Manthink Wrote: Last time China was rich with Silver and Gold from trade with British with their Pocelein, Silk and Tea.
The Brit in 1800s, like Americans today, discovered they spent so much on Made-in-China exports until no $ enuf - resulting in huge trade deficit with the Chinese nation.
That was why the AMTK King not happy and wanna sell Opium to China ....by force.
And now it's the US's turn with all its drug addicted society LOL
02-07-2023, 11:41 AM
Jialat need to raid reserves liao....
But surely they'll bounce back...Just like Asian tiger ls after each recession in the 80s and 90s
But surely they'll bounce back...Just like Asian tiger ls after each recession in the 80s and 90s
02-07-2023, 11:44 AM
(02-07-2023, 11:18 AM)Soulhacker Wrote: On paper maybe, in realism maybe tio corrupted and makan clean clean by various CCP officials, just like their food reserve If winnie go check suddenly will see fire broke out everywhere.
Huh? Did you read the TS source ?
Either Bloomberg's report is another fake news, or Chinese has the $ like they did by saving the World economy from US-created financial disaster in 2009.
You can't hv your argument the both ways..
You've got friendly neighbours? Grow Up! - 李光耀 2013
02-07-2023, 11:48 AM
(02-07-2023, 11:40 AM)aiptasia Wrote: And now it's the US's turn with all its drug addicted society LOL
Same thing - Like Brit, the US is trying to export their financial problem to others.
That is the Opium of 21st century - by forcing others to use their USD while Washington can print their cash like no tomorrow...
hence exporting inflation to rest of the World.
You've got friendly neighbours? Grow Up! - 李光耀 2013
02-07-2023, 12:07 PM
(02-07-2023, 11:18 AM)Soulhacker Wrote: On paper maybe, in realism maybe tio corrupted and makan clean clean by various CCP officials, just like their food reserve If winnie go check suddenly will see fire broke out everywhere.
Ya hor amdk all arse lickers stooge’s singing and dancing China bankrupt for decades liao lah and still preaching hiaz
https://media.tenor.com/xLKveNp-xMQAAAAM...-laugh.gif https://media.tenor.com/KmO0ZsSmxsEAAAAM...-dance.gif
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