Is Pelosi really planning to visit Taiwan

nan said:

He was also a whole lot smarter than you. That helped. 

who? Vincent? 
You sound ridiculous when you start whining about personal attacks you know…


ridski said:

nan said:

ridski said:

Lol. My Dad was a socialist who drove trams and my Mum read The Sun. I learned how to read from The Sun, even though my Dad bought The Daily Mirror, so politics was a big thing for me at a young age, too. That’s why I’m an expert in geopolitics, too.

He was also a whole lot smarter than you. That helped. 

My dad? Possibly smarter than me. He was incredibly misogynist, though, and he really hated Chinese people.

The thing is, people can become experts in anything if they read a lot and study.  Does not mean they can do something like brain surgery, but they can know enough to ask the right questions and evaluate the answers.  The people on the Ukraine/Taiwan threads on MOL are all experts of a sort because they read and discuss the topic everyday.  Even if they disagree, they have been exposed to different sides of the issues and could talk about them.   The average person would not be able to do that.  This is an educational opportunity treated like torture by many of those involved.  It would be even better if some of discussed things more and insulted those that disagree with them less. 


nan said:

He was also a whole lot smarter than you. That helped. 

Gosh. What did ridski ever do to you?


DaveSchmidt said:

nan said:

He was also a whole lot read smarter than you. That helped. 

Gosh. What did ridski ever do to you?

Read his previous snarky response to that one.  


nan said:

Read his previous snarky response to that one.  

I already had. Down with insults; long live sarcasm!


DaveSchmidt said:

nan said:

Read his previous snarky response to that one.  

I already had. Down with insults; long live sarcasm!

Sarcasm was laid to rest beside Irony quite some time ago.


DaveSchmidt said:

nan said:

Read his previous snarky response to that one.  

I already had. Down with insults; long live sarcasm!

OK, I got the memo.  


I'm glad I live in China, which makes me the expert in this thread.


Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml


nan said:

Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml

The things you don't understand are legion.


The bigger problem regarding China and the U.S. is that the China economy did not have a good year in a number of areas and is weakening. And we need a strong China economy.

https://www.forbes.com/sites/billconerly/2022/09/01/china-economy-is-weakening/?sh=7b3ef2b79e50


They still hold $1 trillion in US bonds. That is around the average number for the past twenty years.

nan said:

Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml


yahooyahoo said:

They still hold $1 trillion in US bonds. That is around the average number for the past twenty years.

nan said:

Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml

Supposedly big dump on Monday.  We will see. 


nan said:

yahooyahoo said:

They still hold $1 trillion in US bonds. That is around the average number for the past twenty years.

nan said:

Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml

Supposedly big dump on Monday.  We will see. 

FX intervention to keep USD/CNY stable in a strong dollar environment.  Hong Kong doesn't have to do same, as HKD is already pegged to USD.


nan said:

yahooyahoo said:

They still hold $1 trillion in US bonds. That is around the average number for the past twenty years.

nan said:

Not good for the USD. 

China cuts US Treasury holdings to lowest in nearly 12 years amid volatility in the US

https://www.globaltimes.cn/page/202205/1265887.shtml

Supposedly big dump on Monday.  We will see. 

"SHANGHAI, Oct 3 (Reuters) - Chinese authorities have rolled out an array of tried-and-true manoeuvres in recent weeks to slow the yuan's slide, showing relative success compared with other battered currencies, but analysts say they face long odds against an unstoppable dollar."

ANALYSIS-China digs deep into bag of yuan tricks to resist dollar steamroller | Nasdaq

A story from last week - Exclusive: China's state banks told to stock up for yuan intervention | Reuters

"HONG KONG, Sept 29 (Reuters) - China's central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets as it steps up efforts to stem the yuan's descent, four sources with knowledge of the matter said.

"State banks were told to ask their offshore branches, including those based in Hong Kong, New York and London, to review their holdings of the offshore yuan and ensure U.S. dollar reserves are ready to be deployed, three of the sources, who declined to be identified, told Reuters."

The big Communist Party Congress is coming up, and China's president wants to make everything look as nice as possible going in.


Does our country do anything except start wars?  How about a war on poverty or homelessness or overpriced education?


nan said:

Does our country do anything except start wars?  How about a war on poverty or homelessness or overpriced education?

Xi calls for building a strong army - Xinhua | English.news.cn (xinhuanet.com)


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