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@adamscrabble

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@adamscrabble

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Recommended by 2 HN usersinsight
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Why Hacker News recommends it

4 comments from 2 distinct recommending readers, between 2019 and 2021.

  1. @da_big_gheyRecommends2021
    These debt am purchased only tiny share in total debt. We are spent 2 more trillions in one bill more only just now. Chinese are use currency basically stole from world for to purchase these debt: twitter.com/adamscrabble/status/1094717… We need in total embargo China. She are largest threat among existence for continuing America.
    Chinese hacking spree hit an ‘astronomical’ number of victimsRead the thread
  2. @bin0Recommends2019
    It's not to prevent a competitive industry which can just produce something cheaper but also to prevent governments which actively use banned practices to give their nation an unfair advantage. More here: twitter.com/adamscrabble/status/1094717… twitter.com/adamscrabble/status/1085193…
    China Wrestles with the Toxic Aftermath of Rare Earth MiningRead the thread
  3. @sremaniCites it2019
    This twitter thread addresses the two currency system of China. twitter.com/adamscrabble/status/1094717…
    Baoshang collapse threatens China's economy, may trigger central bank responseRead the thread
  4. @misesCites it2019
    Sounds small, but it's hit as much as a 2% spread [0]. More importantly, they take this off of every transaciton. It makes FDI much cheaper for them when they go into other countries. It allows them to debase their currency internally and reap the benefits while charging others with a stronger external currency. When you factor in shadow banking etc., the exchange rate is not the same as the actual value inside China, because she is such a heavily gated market. These capital controls are precisely what pisses the rest of the world off: the whole point of the WTO and trade treaties is that you don't get to pull this garbage. When you factor in the multipliers etc. across the world, China has skimmed huge sums of cash off the top of the global market. [1] [0] currenxie.com/blog/how-to-take-advantag…... [1] twitter.com/adamscrabble/status/1094717…
    Circulating in China’s Financial System: More Than $200B in I.O.U.sRead the thread

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