Comments by "HKim0072" (@HKim0072) on "China’s Historic Monetary Easing Coming, Yuan to Crash: 10,000 Yuan Equals 4 From 50 Years Ago" video.

  1. Just look at the Saudis. Their swap line is a measly $7 billion (50B yuan) with CCP China. That's peanuts. Do you think the LIV tour players accept yuan as their cash prize? or the imported Soccer / Football players? And, the bigger issue is what do you do with the yuan? Invest in tofu dreg real estate? buy stocks on the SSE? or some CCP bonds that are yielding 200 bps lower than UST?
    19
  2. Brics bucks!
    2
  3.  @jamesdallas1493  I don't think you understand what a swap line is.
    2
  4. The US is the most insulated economy on the planet. Food independent (kinda), Energy independent and the ability to absorb immigrants (if politics don't get in the way) to grow population.
    2
  5. Dude - M2 doesn't mean "paper" money. Cash is part of it, but the bulk of M2 is bank deposits.
    2
  6. Like the USSR, the CCP has one hole card. Obviously, Russia went full on corruption and transferred state assets to a few people. Guizhou has debt out the wazoo, but they have a 60% stake in Kweichow Moutai. They just don't want to sell it. They could clear the debt by selling the stake.
    1