General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Piccalilli Pit
Inside China Business
comments
Comments by "Piccalilli Pit" (@piccalillipit9211) on "China's pushes to de-dollarize commodities markets, sets up new metals exchange" video.
YES - the 100% sanctions on Chinese EV's led, through a chain of events - all logical and far-sighted, to Am3ric4 losing all control in Africa. Here is a synopsys: China in response to 100% tariffs has stopped buying US assets and treasury bonds The problem for China is the $800 billion trade surplus - they collect $3 billion a day they need to do something with, its no use to them just collecting it> So they are giving it in $USD to African countries to pay off the $USD loans and the country can pay BACK the loan in either local currency or Yuan ALTERNATIVELY Instead of paying back the loan they can spend the money on chinese green energy products in a kind of Chinese Martial plan This deprives the US of $800 billion a year AND essentially pays off the African countries debt for them AND gives the African countries essentially free / subsidised renewable energy AND solves Chinese green energy overproduction caused by the US 100% ttariffs AND it Lockes the US out of Africa If you have been struggling under 40 years of US debt and someone just pays it off and gives you dirt cheap renewable energy are you going to trade with the country that gave you 40 years of crashing debt of the one who paid it off and gave you infinite free electricity…???? I’m not sure Biden and Co expected the result of the 100% tariffs to be total loss of control over Africa
1
@denislim123 In digital Yuan now - peir to pier and untraceable
1
It keep rich countries poorer than they should be - it is to suppress everyone except the US
1