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August 26, 2020

Hong Kong’s Rich Corrupt Elite Are Screwed

Comments (9)

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Somchai Luewatanaphong · August 26, 2020

Can China make their RMB stronger, so the US sanction will not effect them?

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Roman Sotola · August 26, 2020

Hey Chris, Why other countries like UK are not imposing sanctions to China?

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Justin Francom · August 26, 2020

I don’t think anyone’s interested in the Yaun. If China decoupled from the dollar it would essentially be decoupled from the world.

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Logan · August 26, 2020

Can you break down the CCP’s aristocracy? Or is there a past episode that does?

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Samy Fay · August 26, 2020

Okay. It all sounds cute. But I would not bet that this situation will last very long. Here's why. China is in the process of decoupling it's economy. Once done, I suspect these sanctions effect won't last. It's also well known that China is planing to replace the US currency with their own Yuan across the world's market. So China might react swiftly (earlier in it's agenda) to complete this project. As usual, they'll just made up this money out of thin air like the fake 83 tons of gold talked about last June. Also, China also plan to release it's new crypto-currency (Bitcoin alike) very soon. Hopefully I am wrong but I would not put all my eggs in one basket.

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Tony Chopkoski · August 26, 2020

I sometimes hit Hu Xijin (on twitter) with links to these articles. Hu is the editor-in-chief of the global Times, but whether he is a real person or not is debatable. Maybe if others put links there also it would...prove interesting.

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That Jason down the road · August 26, 2020

I might have missed it, but did the US identify the individuals and begin to enforce that entire list of sanctions in only 3 weeks? Or just identify and begin to roll out the enforcements for some of the things on that list of sanctions?

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Tony Chopkoski · August 26, 2020

And just how much do they have in the US?

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Kenneth Crips · August 26, 2020

You don't mess with a President who is adept at international financing, and is surrounded by fellow financial ninjas.