Chinese foreign exchange reserves and Chinese stock market

Liu Junluo in August 12, 2008

   In June 25, 2002, the "economic outlook" $"global financial" flood buried in one article, wrote such a sentence -- today, USA people borrow trillions of dollars for consumption, USA Multi-National Corporation have trillions of dollars of investment in overseas. Please economists to explain, is to tell you, debt and creditor subtract dollar, dollar debt is the trillions of dollars. Please the emperor and Greenspan explains, is to tell you, American people with a stack of paper consumption of global resources. America Multi-National Corporation with a stack of paper occupies global resources. A pile of paper and a pile of paper = a lot of paper in the world. The dollar is the soul of the world.

Chinese foreign exchange reserves and Jia Wu war

   The above paragraph, accompanied by China reserves dollar reserves from 2002 about 200000000000 us today to $1.8, as the leading global dollar reserves in the world's 6 year history of the expansion. Chinese the comprador and a new version of an absurd history in the history of mankind is doomed to have no predecessors, no posterity.

   Recently some people and friends should know, foreign exchange reserves in the $about 200000000000 buy America subordinated debt, is not worth a farthing. At present, a Chinese reserves -- is $about 370000000000 American two bonds, $about 500000000000 America debt, $200000000000 of CIC control, $about 300000000000 in short-term debt, not worth a farthing about 200000000000 American subordinated debt, $about 200000000000 in cash or euro assets, totaling over $1.8. Not worth a farthing now removed the $about 200000000000 USA subordinated debt and $about 300000000000 in short-term debt, China reserves calculation with outstanding price is over $1.3.

    China is now strong enough to $about 200000000000 as dirt in ancient times? Jia Wu war, Chinese total compensation of 2.4 Japanese million taels of silver. At that time, a top heavy armored warships, 170 taels of silver, so, Japan is 140 ship top heavy armored warships. And now a most advanced battleship at $1000000000, $about 200000000000 is Chinese USA subordinated debt as USA Navy gift 200 ship to the most advanced battleship. Now American a most advanced aircraft carriers, including all aircraft, valued at 10000000000 dollars. At present USA can invest into Pacific region the best carrier will surpass 6 ship capacity. It is China reserves about 200000000000 USA subordinated debt as USA Pacific fleet over twenty volunteer was the most outstanding global carriers, to permanently protect the Pacific region, the basic principles of the permanent establishment of military, political and cultural Chinese next to the pacific. China reserves in about 200000000000 America subordinated debt has donated to the Americans, of course, Chinese now have 1.3 trillion dollar foreign exchange reserves. The 1.3 China trillion dollars of foreign exchange reserves in the eyes of politicians is Sino US today USA financial creditor's rights sacred contract, or buried deep in the heart of thorn? This answer please China mainstream economic idiot scientist with a China common marine answer, the answer must two.

   For some China idiot mainstream economists, $about 200000000000 lost what, because we have 1.3 more than 1 trillion dollar foreign exchange reserves. But please understand our people and our users, the value of $130000000 of foreign reserves is not closing price. Now, Chinese hold America Fannie and Freddie $about 370000000000 of bonds and USA national debt of $about 500000000000, $about 900000000000, 100% are long-term bonds, which is at least ten years later, can according to the nominal value to exchange. If the current market price to foreign exchange, the about 900000000000 USA most bonds worth $300000000000. So Chinese mainstream economic idiot will tell you, our 10 years later to exchange not line?

   So now all the answers, in Chinese reserves hands the remaining $about 300000000000 in cash and euro assets. This $about 300000000000 in cash and euro assets, is China last reserves, if can let China last reserves quickly into the America bonds or USA two bonds or other assets American future, let China reserves in dollar assets from $about 900000000000 up to now 1.1 trillion ~1.2 trillion, the Americans launched the dollar strength depreciation, then, to the market price, China 1.3 trillion foreign exchange reserves, only the value of 3000~4000 billion dollars. Then, the oil price was 100% at $300 a barrel. So, China will import resources for more than a year to pay ~3000 $200000000000. So, when Chinese or strong flat USA bonds or America two bonds or USA stock assets, to buy China much-needed resources and deal with RMB depreciation shock, or we do not oil or to allow the renminbi to burst. Please note our people and our friends, no reserves of foreign exchange reserves in Chinese hands, the Americans launched the depreciation of the dollar, Chinese to open USA bonds, American two bonds and American stock, market is no disk access, $1.2 ~1.3 trillion USA assets can open out the $300000000000 is good. So, today Chinese reserves what time crash is only a matter of time. Chinese reserves and then donated America Navy or American Ministry of education or America pension funds, at least $1 trillion, is only a matter of time. China reserves the final results China mainstream economists are 100% do not understand.

   Excuse me, we would ask Americans to be in charge of our department of defense or the Ministry of finance? So now we Is it right? Hold over $1.8 of assets, while the dollar asset price Is it right? 100% is determined by the Americans, we are now on the foreign exchange reserve price and China RMB exchange rate price Is it right? 100% is also determined by the Americans, the Americans and please to all our defense department or Ministry of finance have what distinction? So what is the American subordinated debt, is a America poor, a lifetime can not afford to buy a house American poor. American bank please the America poor for buy a house, is zero Shoufu + package, and then American bank foreign exchange reserves from China took the money lent to this life can not afford to buy housing USA poor. So, America subordinated debt problem broke out. This USA poor returned to his original shanty towns, USA bank more than a sum of bad debt, the debt is the owner of Chinese foreign exchange reserves, or more exactly China all taxpayers. But in a few years, the bad debts built the house through American bank financial operation, to sell a new American of China immigration.

   The author of this article at the beginning 6 years ago that the words, today is just to verify the invariant China hundred years cycle law -- the eunuch talks. So now the oil price why fell, why the dollar rose? Please note that, if oil prices do not drop, the dollar does not rise, China these mainstream economic eunuchs are not in our people and our friends have gradually clear to China remain not much foreign exchange reserve reserve team again into America assets above. So, now, the dollar rose, oil fell, George W. Bush personally to the Chinese. This Is it right? For these Chinese mainstream economic eunuch who cheer, Is it right? China reserves reserve team will enter the USA assets encirclement, the answer will soon understand that. So, if Chinese foreign exchange reserve team a lot of re entering the America capital circle, oil 100% is critical to rise, $100% explodes again again, saying the 100% verification -- eunuch talks.

China stock market

   Today Chinese energy consumption is 3 times the world average. Coal is the world average per capita consumption of 1/3. A large number of agricultural producing areas more and more depend China water conservancy project backward. Chinese originally is a big agricultural country, is the world second big coal reserves. Now the price of agricultural products in the world and the coal rose. While the global No. second coal reserves in the world, domestic coal is highly nervous. While the original agricultural country, is now free grain exports to let farmers also earn money of globalization. But, textile mills, steel mills and so on global low malignant competition industry in Chinese is a superb collection of beautiful things.

    If the past 10 years, Chinese can target large foreign exchange reserves resources to China market implementation of the allocation of resources, the general framework based on low energy consumption pattern for reference, rely on the general idea of domestic demand to buy public welfare as the strategy, to agriculture and the environment is the generation of wealth concept to promote the China transition of economic structure, the today China economic productivity, today's China education quality, today's Chinese financial and economic situation of the world will be totally different.

   Alas, before 1996, and began to build a low carbon economic growth framework, with the knowledge economy growth pattern, a lot of the high energy consumption and low technology intensive industry dumping to china. And then, Chinese mainstream economists think that heaven baby welcome a transatlantic free dinner. The results Chinese, now is the world's leading high energy consumption and low manufacturing exporter.

   The general framework of market allocation of resources, is a country's basic strategy. The basic strategy of foreign exchange reserves is a currency rights and resources right. The general framework of monetary right is the allocation of resources in our country, now thousands of iron and steel plant, hundreds of car factory to compare Japan and Europe, only 2 or 3 steel mills or automobile manufacturing plant, control the structure of the whole industry system. While Japan and Europe this configuration must be the 100% best configuration. So, now China banking system while at the same time to more than 2000 steel factory loan, which more than 2000 steel factory goal is just a - made of iron, the more than 2000 steel plant also produces more than 2000 2000 a financial, logistics, more than 2000 repeat resource reset configuration. More than 2000 pen mill loans in turn look Chinese banking system which generated at the same time, can only be China bank book formulaic profit, also is the bigger loans denominator. Such bad molecular more, Chinese bank book is beautiful. This game is the final result of the denominator, a day do not go up, everybody is a dead.

   The stock market configuration will only appear more acquisitions of small enterprises. More and more enterprises share price higher, industry monopoly will be stronger, more likely to survive in the global fight against or grow. Function can only be Chinese reserves is to accelerate the Chinese more strong M & a force. As taking foreign exchange reserves to buy treasury bonds and corporate bonds America, America America enterprise shares, will more foreclosures and monetary resources in the country right. So it is with China wealth to build USA America monetary power and resources right.

    Now China mainstream economic idiot scientists, mentioning USA is so strong. Should we take $200000000000 to buy USA CIC enterprise, but if CIC paid $200000000000 to buy the best Chinese industry listing Corporation. Then ten years later, Chinese $200000000000 Usa Inc with $200000000000 Chinese wealth Chinese outstanding industry leading listing Corporation fate has not obtained is how? This Is it right? A mother milk, their children do not feed, and loans to USA people to feed the baby? So after ten years, this Chinese mother 100% talk about Americans is "gas", but had to milk the USA child, now the American youth is tall and big. And if it is the milk feeding their children, it must be a waste, Chinese youth must be 100% today bony bony. So, today Chinese reserves such as continue to invest heavily in American assets instead of investment China stock market and China resources right, then Li Hongzhang in China history, is only a little eunuch level.

   In 2007 June I call on the people of this country and numerous netizen, strategic objectives in 2008 USA capital is Chinese -- stock market by the end of 2008 down to 2000 points, China property market is to continue up. And China domestic dollar selling office, the eunuch group and private interest group will fully cooperate with the America capital on China control and attack. Now is the economic idiot knows, if Chinese not $1.8 trillion wealth to defend rights and money right America resources, American dare to let the dollar fall? American capital dare to speculation in oil? Small money what to why to attack Iraq? The Iraq war, Iraq oil output to 6000000 barrels a day, and now is 2000000 barrels a day, this is the 4000000 barrels a day, rather Chinese present day imports. It is not now Iraq war, the global oil market every day at least 4000000 barrels for export. The world today, many of these 4000000 barrels / day of oil or less that 4000000 barrels / day of oil, how will the global price? Do the Americans in Iraq before the war is unknown? Of course, Americans Is it right? Understand, is not here to talk about. The contrast is just ridiculous, Chinese master $1.8 trillion notes, Americans have global oil control. So the 2008 stock market crash Chinese why 100%, because the stock market is the optimal allocation of resources, Chinese if the optimal configuration, the American children how big and tall?

   Now many people are very happy, Chinese Olympics successful, China Olympic legion of outstanding achievement. But these and America need China lots of USA assets investment, in this field Chinese feast is an episode, or a layout of the feast. Wealth and the value of a nation is the rich people to the. So, today China foreign exchange reserves and China stock Is it right? Again layout feast after ushered in a global colonial culture and asphyxia! (end)