$Alibaba(BABA)$Now that certain issues are cleared, what will come next to spread FUDs?
The US is going to use secondary sanctions against China? What a joke. China is the biggest trading partner to many countries in the world. If you want to trade, use RMB. Use their CIPS, no need for SWIFT. No chips, China will adopt Linux and develope their V10 chips. The US companies can afford to cut off 1.4 billion potential customers?
China buys 25% of oil from Saudi, even the Arabs are considering pricing their oil and selling them using RMB. Before that, China will dump US1.05 trillion of debt and collapse the US dollar. Many countries will sought a safe haven and the RMB and Euro, JPY will be the next default.
As we follow recent events, for Europe, self preservation comes first. China is Europe's biggest trading partner.
So, what next?
Comments