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China brokered deal between Saudis and Iran. Now Saudi money backs out of Credit Sussie
Posted on 3/15/23 at 12:09 pm
Posted on 3/15/23 at 12:09 pm
quote:
Credit Suisse shares tank after Saudi backer rules out further assistance
quote:
Arabs walk away from distressed Credit Suisse Bank—stock implodes
…. Chairman refuses to rule out need for government bailout…trading halted in several European Banks
quote:
Shares of Credit Suisse on Wednesday plunged to a fresh all-time low for the second consecutive day after a top investor in the embattled Swiss bank said it would not be able to provide any more cash due to regulatory restrictions.
Trading in the bank’s plummeting stock was halted several times throughout the morning as it fell below 2 Swiss francs ($2.17) for the first time.
Think it's by chance?
LINK
But "Free Traders" love them some CHINA!
Posted on 3/15/23 at 12:11 pm to Jjdoc
Its by law. Saudis claim they cannot by law contribute more.
Posted on 3/15/23 at 12:14 pm to Jjdoc
Good for China, Iran, Russia, and the Saudis.
Our government corporate system is the greatest threat to normalcy sand morality in the world.
Our government corporate system is the greatest threat to normalcy sand morality in the world.
Posted on 3/15/23 at 12:41 pm to Jjdoc
I was assured by some on this forum the alliance of China, Iran, Russia and Saudis is inconsequential in the fight for global economic dominance and particularly which currency is the defacto world reserve currency.
Posted on 3/15/23 at 12:44 pm to Jjdoc
Biden's disrespect of KSA seems to have produced a catastrophic break in rapport between our nations.
The man is a disaster.
Posted on 3/15/23 at 12:46 pm to Santa Claws
quote:
Good for China, Iran, Russia, and the Saudis.
quote:
Santa Claws
Renounce your citizenship and I'm happy to buy you a ticket to any country you want to go to.
I'm certain America wont miss you.
Posted on 3/15/23 at 12:48 pm to POTUS2024
quote:
Biden's disrespect of KSA seems to have produced a catastrophic break in rapport between our nations.
All because of virtue signaling for Khashoggi
It really is incredible
Posted on 3/15/23 at 12:52 pm to Jjdoc
No Iranian ever called me white privileged
Posted on 3/15/23 at 12:54 pm to Lakeboy7
quote:
Renounce your citizenship and I'm happy to buy you a ticket to any country you want to go to.
I'm certain America wont miss you.
bullshite
Leftists such as yourself make these promises all the time and never keep them.
Posted on 3/15/23 at 1:02 pm to Santa Claws
You think China and Saudi Arabia are voices of reason and stability? That’s a comically bad take
Posted on 3/15/23 at 1:05 pm to Rip Torn
quote:
You think China and Saudi Arabia are voices of reason and stability? That’s a comically bad take
I think we need to take the log out of our own eye before anything else. China and the Saudi's aren't concocting the Great Replacement
Posted on 3/15/23 at 1:10 pm to Jjdoc
Not that I am cheering for financial Armageddon but the Swiss banks can frick off.
Lots of shady shite in their past, including but not limited to stealing all the assets of Jews killed in the Holocaust in a tacit agreement with Germany.
Lots of shady shite in their past, including but not limited to stealing all the assets of Jews killed in the Holocaust in a tacit agreement with Germany.
Posted on 3/15/23 at 1:11 pm to Jjdoc
The Petro Yuan could be a reality as soon as 2023 (or early 2024).
Talk about a cataclysm for the U.S....
Talk about a cataclysm for the U.S....
Posted on 3/15/23 at 1:17 pm to Santa Claws
quote:
China and the Saudi's aren't concocting the Great Replacement
China is.
Posted on 3/15/23 at 1:19 pm to Ace Midnight
quote:
The Petro Yuan could be a reality as soon as 2023 (or early 2024).
Comical
Posted on 3/15/23 at 1:36 pm to SlimTigerSlap
quote:
Comical
If the Saudis, Iranians and Russians said they would accept only Yuan for oil beginning 1/1/2024, how comical would that be?
Posted on 3/15/23 at 1:54 pm to Ace Midnight
quote:
If the Saudis, Iranians and Russians said they would accept only Yuan for oil beginning 1/1/2024, how comical would that be?
It's never going to happen. Nobody on Earth manipulates currency like China.
Posted on 3/15/23 at 1:57 pm to Ace Midnight
quote:
The Petro Yuan could be a reality as soon as 2023 (or early 2024).
Nuclear war will happen before the US allows the dollar to not be used as the preferred Petro currency.
Posted on 3/15/23 at 1:57 pm to Ace Midnight
quote:
The Petro Yuan could be a reality as soon as 2023 (or early 2024).
Would probably lead to war.
Posted on 3/15/23 at 2:00 pm to Ace Midnight
quote:
If the Saudis, Iranians and Russians said they would accept only Yuan for oil beginning 1/1/2024, how comical would that be?
Some people just believe the world economy is magical and will forever be propped up and stable. Its not hyperbole to say seams are stretched and popping, it will not take much from here on out.
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