BREAKING: 3rd wave of flood enters Yangtze today! With this speed, and more rain to come, it won't surprise me that No.4 flood wave will show up by next week.
1/ The problem is, not only the wave of flood are getting closer to each other, but #3GD made a gamble by discharging water too slow (try to save Wuhan) that, Flood#2 has already pushed water level high fast, with #3 coming (& #4 likely not far behind), cjh.com.cn/article_2313_2…
2/ and with #3GD safe water storage level being at 175m, that means, #3 & #4 can EASILY overflow #3GD with rain keep coming & with their current slow discharge speed.
I speculate, sometime in the following 1-2 weeks, #3GD will have no choice but to do ...
3/ ... water discharge at full speed (i.e. all floodgates open, at 100k+ speed) in order to create room for #3 or #4 flood wave. If so, then "Wuhan completely get flooded" will be baked in; yet, if CCP does so, I think Wuhan may get city-wide evacuation alert ahead of time.
4/ So, watch for that kind of news. And if this happens, yes, supply chain disruption (especially pharma) WILL happen. So, watch out.
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 ...