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2 comment(s). Last comment by Junichiro 2020-04-15 17:01
Posted by Junichiro > 2020-04-15 17:01 | Report Abuse
China n Russia used the USD they hold to buy gold n it turned out to be the right decision.
Now, lets see how much T bills can their vassal states buy.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,221 posts
Posted by ks55 > 2020-04-15 16:10 | Report Abuse
Haha.....
China is clever not to buy more US T-bills, but to hoard more strategic war material just in case Donald Duck resort for war to end deep depression like what had happened in WW II.
Also is good to stock up inventory for economic reason when demand for the commodities is low, thus can buy more with same amount of money.
Most important is to keep out from US T-bills, don't be like a fool again in 2008/9 US credit crunch when China extend a helping hand, but only to be bitten by the ungrateful dog.
Don't underestimate what this Duck can do in order to shift focus of those idiot Americans....He may start war with Iran, or to create military confrontation in South China Sea..