An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, November 9, 2014
Koos Jansen — China Aims For Official Gold Reserves At 8500 Tonnes
The Chinese apparently view holding gold as a matter of national security.
US declared policy is to prevent any challenge to US economic or military hegemony. China dwarfs the US in size and is growing much more quickly. Collision course.
The alliances for the next conflict are in the making now.
Does anyone think that the Chinese shot callers expect the future to include an encounter with US sanctions?
ReplyDeleteBocking China from SWIFT and all the other similar institutions as an act of economic warfare?
After decades of looking in on the treatment of Iran and now Russia, is it inconceivable that China has concerns that it may be next?
US declared policy is to prevent any challenge to US economic or military hegemony. China dwarfs the US in size and is growing much more quickly. Collision course.
ReplyDeleteThe alliances for the next conflict are in the making now.