The authorities will do it, but it is pointless.
The authorities will do it, but it is pointless.
Most of the Yaun being used is trapped in the Chinese system and is looking for somewhere to go. The stock market is crashing so bonds are a safe bet.
Most of the Yaun being used is trapped in the Chinese system and is looking for somewhere to go. The stock market is crashing so bonds are a safe bet.
The cycle continues and the debt grows.
The cycle continues and the debt grows.
If they aren't willing or able to use it does it really matter if they have it on paper.
If they aren't willing or able to use it does it really matter if they have it on paper.
110 will be the baseline for next year.
bsky.app/profile/thet...
After the massive spike and subsequent drop of the ruble last week we are seeing it creep up again.
I predict it will end the year just below 110.
110 will be the baseline for next year.
bsky.app/profile/thet...
Then Russia used them for sea faring when they are no longer suitable.
Sinking is a consequence of this.
Then Russia used them for sea faring when they are no longer suitable.
Sinking is a consequence of this.
bsky.app/profile/thet...
After the massive spike and subsequent drop of the ruble last week we are seeing it creep up again.
I predict it will end the year just below 110.
bsky.app/profile/thet...
It probably wasn't by design but the spike has provided a psychological shift in what is acceptable.
It probably wasn't by design but the spike has provided a psychological shift in what is acceptable.
After the massive spike and subsequent drop of the ruble last week we are seeing it creep up again.
I predict it will end the year just below 110.
After the massive spike and subsequent drop of the ruble last week we are seeing it creep up again.
I predict it will end the year just below 110.
The US and China have the financial power to buy overseas bases. Russia's only hope is opportunistic events that rarely come.
The US and China have the financial power to buy overseas bases. Russia's only hope is opportunistic events that rarely come.
I am sure they know what they are doing and aren't creating a stagflation nightmare.
I am sure they know what they are doing and aren't creating a stagflation nightmare.