US banks are taking loans in RMB, pushing appreciative pressure on the currency.Meanwhile, China needs dollars to buy oil, so they're probably buying USD.All this means the RMB stays flat at 6.82-6.84.Is the US helping China?https://archive.ph/SQxrNl
>>534164431>Meanwhile, China needs dollars to buy oil, so they're probably buying USD.The only oil they still buy with dollar is the one that is currently locked out.Next year will be fun.
>>534164431>broken linkWTF OP?Did you assume nobody would check?Not a bad assumption I guess but still you were wrong.
>>534164997I just added an 'I' at the end somehow.https://archive.ph/SQxrN
>>534164431Goldman Sachs isn't an American bank.
>>534165588Where was it founded?Where is the HQ?
>>534165691Sachs is a Rothschild outfit, just another satelitle institution of London. Since you're a memeflag you obviously don't understand anything, the basic gist is that London, which the common moron often refers to as "the Rothschilds", have an interest in weakening the US and supporting China.
its fine. banks should be working together.
>>534165812I really don't care who owns the bank. If the US had a problem they would kick Goldman out. But if they did that, their whole economy would collapse LMAO.
It's not just Goldman or even just US banks, btw. But for that retards would have to read.>Borrowers who have tapped the market this month include Portugal, along with government entities such as Finland’s MuniFin, a public credit institution and the Korea Development Bank. At the beginning of the year, the Nordic Investment Bank and the Swedish Export Credit Corporation also issued dim sum bonds.
>>534165449I
>>534164431The last 1000 days are upon them
>>534164431>China needs dollars to buy oilNahhh. China actually has a surplus of USD because mutts literally import everything from China.Hell, they pay for Brazilian sóy with USD despite us accepting RMB...
>>534164431>Appreciating the currency of a country primarily reliant on exportsUS is just accelerating Xi's fatal obsession of trying to make CNY the global reserve. Pure evil, very characteristic of America.
>>534167343You're mistaken. They're saving the RMB from the depreciation pressure from needing USD to buy oil. If China bought a lot of USD with RMB, the RMB would depreciate, leading to more expensive oil. During an oil crisis, you don't want a cheap currency.And this is what the yen's role used to be: people would borrow yen at low interest rates and then invest it in high yield assets.
