Some ask, "in what way can #3GD & Wuhan flooding affect us outside of China?" In MANY ways; 1 way is: 80-90%+ basic pharma drug material world uses (97% antibiotics US uses) comes from Wuhan China. Most of those factories sit next to Yangtze.
Water level rises fast at #3GD. Greater water discharge is coming in days/weeks ahead.
For those who is interested to see this data, the ONLY way to see them in English is to open this page in Chrome, right click on page, select "Translate to English" cjh.com.cn/swyb_sssq.html
Wow, water is rising very fast. Yesterday late afternoon was only at 160m, not even 24 hrs, it's at 162.5m! This speed can reach #3GD top in a week. #3GD has to greatly increase water discharge; and that means great flood for downstream.
Someone gets it; a nightmare about to hit EU: 🇺🇦has been a huge human & sex trafficking haven in past decade, West's blind 🇷🇺hate just turned 🇺🇦into a new & huge weapon trafficking haven‼️
🇪🇺 your days are numbered: crisis of food + migrant + weapon = Kaboom!
Also, word on the street is, many 🇺🇦warlords are under table selling many newly received weapons to whoever willing buyers, including 🇮🇱, 🇸🇾, 🇮🇷, 🇹🇷etc., & also, you guess it, 🇷🇺RUSSIA! Yes, 🇷🇺is buying many of our 🇺🇸Javelin, Stinger, etc....
...Now you know why 🇷🇺hasn't stopped the 🇺🇸🇺🇦 weapon flows yet, because too many happy customers right now who are HAPPY to drain our 🇺🇸weapon inventory while we can't re-stock them fast enough due to global logistic jam... 🇺🇸 is literally run by idiots.
Friend sent me this: besides a few, notice many don't support sanctioning Russia are mostly resources, food, textile, & consumer products exporting countries?
What happens when they follow suit to get out of the king $USD control?
1/ Many in the West still thinks Evergrande (EG) defaulting international bond won't be a big deal, since not all Western banks/Fis hold EG's bond, so this is not contagion... these people CLEARLy don't understand how CDO brought down BearStearns & Lehman
2/ You see, when EG default on international bond, it'll automatically shoot up all China's offshore corp bond yield, that is 1 big risk almost all Western banks are exposed to.
& then comes CLO & synthetic CLO; basically same thing as CDOs but it's corp bond instead mortgages.
3/ You see, during the height of China's economic miracle, plus after Trump negotiated trade deal with China, door was opened for MANY Western banks (GS, MS, etc.) to go into China & to buy JUNK debt, got all of them repackaged into CLOs & synthetic CLOs, & the circulate ...
1/ I'm still waiting for my side of intel to confirm, likely by this coming weekend. @HRGPFOREVER
But I can share a little more what I know & speculation based on what are already reported in news: I believe something is rapidly developing in the banking & currency sector,
2/ and we are about to see, seemingly out of nowhere, HUGE amount of liquidity will suddenly be released through the main street (but NOT through gov stimulus) sometime shortly before Oct.1, so that banks may suddenly be able to meet those new requirement by deadline.
3/ This is the requirement & deadline :
Goldman, Morgan Stanley, Deutsche Hit With The Fed's Highest Capital Requirements - Aug.2020 zerohedge.com/markets/goldma…
Keep eyes on them as this develops, I feel that they'll have great potential, especially after the major major crash & after the ultimate rotation begins.
Not like Tesla trying to do all by themselves (& now WAAAaay overvalued), the partnership deal that's going on between Nikola & GM is basically like "Apple & Foxconn"... this is BRILLIANT! This can put Nikola on a fast track of growth & up scaling.
1/ Many people gets upset why Trump suddenly went nuts to block WeChat. Although MSM doesn't say, I'll tell you why from tech (I was a computer programmer & network engineer before I started trading) & monetary perspective : most Chinese today use ... forbes.com/sites/tatianak…
2/ ...WeChat (& Alipay) to conduct everyday money transactions & transfers; this happens in & outside of China. True that spyware is part of the problem, but widespread & quickly expanding Yuan settlement system sitting in everyone's phone that can get around US banks & SWIFT...
3/ ...is THE REAL problem that can soon threaten $ if it's not put to stop ASAP. With digital Yuan rolling out with speed, it can be as simple as an app update to swap out app components/modules inside WeChat (& Alipay) to suddenly make all these app fully capable in running ...