A hub for independent voices and hard truths
Well I didn’t see this coming.. For those who are blind to these ongoing global affairs.. it’s all about the US Dollar vs Chinese Yuan. Who controls the money, controls the world. But USA could have just pulled out a …
According to CNN‑sourced reporting (carried by MSN and Caliber.Az), Iran is: Negotiating with eight countries Offering safe maritime passage through the Strait of Hormuz On the condition that oil transactions with Iran are conducted in Chinese yuan, not U.S. dollars …
BREAKING: Iran may permit the passage of oil tankers through the Strait of Hormuz if the oil carried is traded in Chinese yuan rather than the US Dollar, according to CNN report. — The Spectator Index (@spectatorindex) March 14, 2026 …
via notayesmanseconomics This morning has brought some news that brings an old theme on here to mind. In fact two parts of it. There was the theme of currency wars from over a decade ago and the consistent attacks from …
2026 just started and China already dropped a financial bomb 💣 Beijing quietly EXTENDED a policy letting banks roll over 3.8 TRILLION yuan of bad personal loans. Translation: the debts are so bad they can’t be cleaned up. Banks are …
The faint reassurance that the dollar still dominates is fleeting because the trend is compounding. Every deal settled in yuan, every gold warrant moved into reserves, every transaction bypassing the dollar erodes the assumption of American financial supremacy, and no …
The EU plans to launch its digital euro in October this year. Christine Lagarde, president of the European Central Bank, said, “It is piloted on a fairly large scale in China, [where it] is of use and of service to …
A significant development originating from within the American financial sector indicates a notable shift in global trade practices. A US bank executive has recently disclosed that a growing number of international exporters are expressing a reluctance to accept the United …
The recent spike in 10-year Treasury yield coincided with China fixing the Yuan weaker. That's no coincidence. The falling Yuan had contagion effects to all of EM, causing EM reserve managers to sell Treasuries. This shows how much power China …
Because they have spent 50 years devaluing their own currency in order to blackmail the rest of the world. If we let their currency rise to what it actually should be, the CCP would be done. h/t Flat_Health_5206
Steepest drop since September 2008. pic.twitter.com/8lMdk43vdb — Financelot (@FinanceLancelot) December 16, 2024 China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a …
Overseas investors have been selling Chinese stocks for eight consecutive days, marking the longest streak since October. During this period, they offloaded a total of 30 billion yuan ($4.1 billion) on a net basis via the northbound link between Hong …
In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investment that flowed across borders since Covid struck. An International Monetary Fund analysis sent …
SHANGHAI, April 26 (Reuters) – China’s sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say. Under unrelenting …
The yuan was used in 49% of China's cross-border transactions last quarter, topping the dollar for the first time This is huge news Many continue to be in denial The worlds second-largest economy has the dollar in its cross hairs …
