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China Joins World’s Largest Trading Bloc, U.S. EXCLUDED! Reserve Currency Status Remain?

THE BATTLE HEATS UP

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An empire never falls from the outside in. It’s from the inside out. Today we see what happens when a small handful of people who are capable of causing havoc will do. More and more economic weakness will come and it’s all manufactured. The system of control is defined and required. They print as much as they want, shuffle around 0’s and 1’s, and you must ultimately pay the price.

 

China and 14 other countries agree to set up world’s largest trading bloc

China and 14 other countries agree to set up world’s largest trading bloc

China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity.

China’s $900 Billion Funding Gap to Provide Clue on Stimulus – Bloomberg

https://www.bloomberg.com/news/articles/2020-11-12/china-s-900-billion-funding-gap-will-provide-clue-on-stimulus?sref=6uww027M

Default by Henan Coal Mining Company Sends Tremors Across China – Caixin Global

Default by Henan Coal Mining Company Sends Tremors Across China

Default by Henan Coal Mining Company Sends Tremors Across China – State-owned Yongcheng Coal fails to repay $151 million, setting off chain reaction through coal industry and disrupting bond sales and prices in other provinces

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Morgan Stanley Says Go Risk-On and ‘Trust the Recovery’ in 2021 – Bloomberg

https://www.bloomberg.com/news/articles/2020-11-16/morgan-stanley-says-go-risk-on-and-trust-the-recovery-in-2021?srnd=premium-canada

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Velocity of M2 Money Stock (M2V) | FRED | St. Louis Fed

Velocity of M2 Money Stock

View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period.


More money is flowing into U.S. tech stocks right now in 2020. We have seen an accelerating trend of more growth in stocks, more debt, more money. Investors have been trying to buy more equities and the value of the U.S. dollar is expected to decline.


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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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