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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "HSBC CFO: We Are Big China Bulls" video.
How is HSBC even in business - China is close to collapse and they are sitting their at ground zero.
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@stephanierandall1170 being cutoff from access isn't dumping and your focusing on the wrong side of the equation: China needs dollars like a crackhead needs another hit, the right question is: what did Israel get for transferring dollars to China for their toiler paper of a currency? Ruble cant be sold - Russia is illiquid. China's debt denominated in USD cant be serviced easily - provincial debt in USD far outstrips their insane housing debt bubble.
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