China - beana

[Klause]

Phytosanitary certificate are bring with held... Average now 25 days where it used to be 48 hours.


Us cargoes getting rejected


Something to watch.

[blackpowder]

Just beans?

[ajl]

China is getting short of $USD. That will end farming as we know it.

[errolanderson]

Phytosanitary certificate are bring with held... Average now 25 days where it used to be 48 hours.


Us cargoes getting rejected


Something to watch.

Klause . . . this may be part of a brewing trade war between the U.S. and China.

China announced overnight night that they may stop purchasing U.S. Treasuries ie: U.S. debt. This has spooked the U.S dollar, fueled gold gains while hinting of a stock market top. China is the largest holder of U.S. sovereign debt.

[ajl]

The missing piece of info here is that China holds some $40B worth of mainly US denominated debt. That is what built the ghost cities and the bridge to no where among other things like Foxx con factories. They have $2B worth of US treasuries. Their supply of USD is needed now to service the $40B of debt so they will be reducing their purchases of treasuries. Up up and away with interest rates. Down down real estate and other assets. It is never about a trade war as China looses that one simply because they need to export and who is going to buy their stuff? A nice US tariff ends any trade war in about 30 seconds.