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Started By
Message
re: China brokered deal between Saudis and Iran. Now Saudi money backs out of Credit Sussie
Posted on 3/15/23 at 2:06 pm to broadhead
Posted on 3/15/23 at 2:06 pm to broadhead
The US has overplayed its hand. The economic extortion that has taken place to attempt to isolate Russia is going to backfire. Governments don’t like being told what to do and how to do it. They really don’t like being threatened. Jake Sullivan flew all over the world last year threatening everyone he visited. Saudi’s literally kicked him out of the building and India did pretty much the same thing
Grabbing assets worldwide because someone carry’s a Russian passport. Rule of law?
Now imagine the US and Europe strong arming counties that don’t play along with the climate agenda. It’s going to happen.
The shift from the Petrodollar will be gradual. It will be a basket of currencies not just the Yuan. But it is going to happen
Some journalist from Bloomberg saying it isn’t going to happen is not a compelling argument.
Grabbing assets worldwide because someone carry’s a Russian passport. Rule of law?
Now imagine the US and Europe strong arming counties that don’t play along with the climate agenda. It’s going to happen.
The shift from the Petrodollar will be gradual. It will be a basket of currencies not just the Yuan. But it is going to happen
Some journalist from Bloomberg saying it isn’t going to happen is not a compelling argument.
This post was edited on 3/15/23 at 2:19 pm
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Posted on 3/15/23 at 2:07 pm to Jjdoc
Im so confused why its the Saudi’s responsibility?
Posted on 3/15/23 at 2:24 pm to Jjdoc
They didn’t pull out ding dong, they’re not providing more funding by increasing their position which has been their stated position going back to last year when they increased their stake to 9.9%.
Another dishonest thread title from Obama boy morphed to maga supplicant jjgateway.
Another dishonest thread title from Obama boy morphed to maga supplicant jjgateway.
Posted on 3/15/23 at 2:27 pm to Jjdoc
frick the saudis
The US should kick their money and all their kids in our universities out of the US and quit selling them weapons and food
The US should kick their money and all their kids in our universities out of the US and quit selling them weapons and food
Posted on 3/15/23 at 2:33 pm to Jjdoc
So much stupid assumptions.
Saudi National Bank currently wns 9.8% of Credit Suisse. They are stating they are not planning to increase this because owning more than 10% of the Credit Suisse will mean Saudi National Bank will be subjected EU, Swiss or even Saudi regulations.
I swear you people love to think EVERYTHING is a conspiracy out to get us. What's even more disgusting is the amount of so called Conservatives that praise Russia. Some of you are so brainwashed that it's just sad.
Saudi National Bank currently wns 9.8% of Credit Suisse. They are stating they are not planning to increase this because owning more than 10% of the Credit Suisse will mean Saudi National Bank will be subjected EU, Swiss or even Saudi regulations.
I swear you people love to think EVERYTHING is a conspiracy out to get us. What's even more disgusting is the amount of so called Conservatives that praise Russia. Some of you are so brainwashed that it's just sad.
Posted on 3/15/23 at 2:36 pm to Jjdoc
The reason the Saudi's wont pump any more funds into Credit Suisse is because they own 9% of Credit Suisse. The Saudi's are the largest Shareholders, and if they increase their stake to 10% or more, Swiss banking laws trigger investigations/audits into the Saudi position in regards to Credit Suisse.
Posted on 3/15/23 at 2:39 pm to OchoDedos
Exactly. OP is just another loon spreading chicken little BS.
Posted on 3/15/23 at 2:46 pm to OchoDedos
quote:
The reason the Saudi's wont pump any more funds into Credit Suisse is because they own 9% of Credit Suisse. The Saudi's are the largest Shareholders, and if they increase their stake to 10% or more, Swiss banking laws trigger investigations/audits into the Saudi position in regards to Credit Suisse.
I duuno, I'm going to need board Economic (lay) Expert Roger to sign off on this.
Posted on 3/15/23 at 4:05 pm to Lakeboy7
The FDIC should just offer to bailout credit suisse too. It's not like they actually have to have the money.
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