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“The Renminbi Hub”: Chinese Banks Acquire Stakes in US and Canadian Banks. Is There a Hidden Agenda? |
Very big news on the banking front, the Federal Reserve is now apparently allowing Chinese banks to take stakes in U.S. banks. North of our border, Canada is contemplating becoming one of the many, recent, “renminbi hubs”.
Why would this be happening? Why would it be happening now?
First, why is China setting up shop all over the world?
This is an easy one, for business, for trade, for
relations. China knows exactly where the U.S. and the dollar stand,
they also know fairly well where and how the U.S. and her dollar will
fall. China is merely preparing the groundwork to trade with Western
entities in either local currency or the yuan. In the case of Canada,
China sees a very large energy source along with the mining of many
necessary resources they will need in the future. >> continue >>
http://www.globalresearch.ca/the-renminbi-hub-chinese-banks-acquire-stakes-in-us-and-canadian-banks-is-there-a-hidden-agenda/5412316
China has a society called the White Dragons, and that is one among many which the Military Intelligence of the west (UK-US-Israel) can't begin to compete with. The American gangsters actually entertained that they were more gangster than those (China, Iran, Russia, Syria, Et Al) that have since antiquity all been in the evolution/s.
ReplyDeleteThe American gangsters actually entertained that they were more gangster than those (China, Iran, Russia, Syria, Et Al) that have since antiquity all been in the evolution/s. China has a society called the White Dragons, and that is one among many which the Military Intelligence of the west (UK-US-Israel) can't begin to compete with.