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RE: The Senate passing Stimulus Didn’t Do A Thing. Futures Down....

in #markets4 years ago

Whatever happens, the big banks - and thats what the Fed is - will never give up to control the Dollar. And especially not now, after the biggest coup they ever landed: placing Yellen into the job as finance minister.
If the stock market goes up or down does not concern them, they always sit on the sunny side. But other things do - most of all the Chinese. They are the one power they cannot force into doing what they want. Well, may be the Russians as well, but they are not as huge economically, as the Chinese are.
And the Chinese want to get rid of the Dollar, to replace it with their own currency. As the world trading currency, I mean, not in the US internally. When and how they will deliver the final blow, lets see. Chinese have long term strategies, they don't think from election to election like the politicians in the west. They plan to do X in 5 years, Y in 10 years and Z in 15 years, and they are certain that its still the same party who is in power then.