6.15!!! Turkey is crashing, they are gonna Reneg Sovereign Debt, out of US Dollars they aren't defending there currency and seem unable too...
Watch out folks, if they reneg, it's the start of 2019 crisis
https://www.reuters.com/article/us-usa-china-trade-delegation/china-says-trade-delegation-is-preparing-to-go-to-the-u-s-idUSKCN1SC0I3
Still going to DC for now
Interbank is already destroyed, nasty things were happening below the surface already, with or without this... Default Waves are happening and would continue to happen tariffs or no tariffs... This will become a market crisis if he puts 25 % tariffs Friday, on top of global recession already in...
https://www.scmp.com/economy/global-economy/article/3008973/china-vice-premier-liu-he-likely-delay-us-trip-three-days
It seems China is cancelling for now... If they were supposed to arrive Wednesday in DC, and delay it by few days, means they would arrive after Friday, which is when Donny...
https://www.caixinglobal.com/2019-05-06/central-bank-to-cut-reserve-requirement-ratio-for-smaller-locally-focused-lenders-101411945.html
About 1,000 rural commercial banks that focus on serving their local economies will benefit from the “lower favorable reserve requirement ratio” of 8%, the...
Alibaba is owned by the cpp, you mean to tell me Huweiii isn't government owed ? Jack ma's ownership got robbed, or as they say " transferred " to 5 senior cpp members and wrote a nice " letter " detailing why he didn't want to die in the office, yet preaches working 60 + hours a week as a good...
Huh... China is severely, and i mean SEVERELY short US Dollars, they are kneee deep in Dollar Swaps, borrowing like crazy and don't have any. They started jacking their citizens Friday of US Dollars. This will crushhhh China even if for 2-3 months, and start the Global Recession... Their open...
https://www.scmp.com/business/banking-finance/article/3008795/chinese-banks-quietly-lower-daily-limit-foreign-currency
The issue was thrust into the spotlight on Friday when a viral video clip showed a bank cashier unable to answer a furious customer demanding to know why she was not allowed to...
Primary dealers control distribution and create money if they wish... It is the massive rise of Non Bank Financial Lenders ( Shadow Banks ) that will create a vicious blow up, we're in that time of the cycle where nobody knows who is exposed to what, fear has gripped world banking... From India...
https://economictimes.indiatimes.com/markets/stocks/news/anil-ambani-needs-2-billion-in-asset-sales-to-save-last-bastion/articleshow/69156270.cms
Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress...