UNFIXABLE: China Warns Blinken “Cooperation or Confrontation” As Russia FREEZES US Bank Assets

    uh and of course we’ll be dealing with
    uh areas where we have real differences
    with China dealing with them directly
    communicating clearly face to-face
    diplomacy matters it’s important for
    avoiding
    miscommunications misperceptions and to
    advance the interest of the American
    people I look forward to productive
    meetings here in Shanghai and in Beijing
    so blinkin trip to China is an absolute
    disaster now many were speculating that
    he was going to be the bad guy that
    he’ll strong armed the Chinese but it
    seems that he was scolded in state we
    must understand what blink brought to
    the table during his trip he criticized
    China and wanted fair treatment of us
    companies but we all know there’s a very
    big double standard here blinkin wants a
    Level Playing Field for us firms and say
    Beijing had non-market economic
    practices he believes us companies were
    unfairly treated doing business there
    but anyone knows that’s pure projection
    the US has slept with a ton of tax
    sanctions and they’re trying to contain
    China’s industrial growth and blinken’s
    boss just made things worse Biden has
    vowed more tariffs on Chinese steel at
    wants to probe de ship Builders as well
    we all know the US has been trying for
    months or even years to cut away Chinese
    exports from Global consumer markets the
    Chinese side was definitely unamused by
    this the problem is the American
    approach to diplomacy it always seems
    like a ultimatum you better do this or
    else and during his trip Blen met with
    the Shanghai party Chief and he was
    issued a very big but subtle warning
    that the US must choose between
    cooperation or confrontation now this is
    a very big bombshell it tells us that
    China’s done with a peacan and they’re
    entirely comfortable with clashing with
    the us if America goes ahead and wages
    economic War Beijing the Chinese will
    fight back just take a look at this
    picture of blink listening to the
    Shanghai BS after never ever seen anyone
    sit up de straight before blinken is at
    full attention it looks like he’s at a
    job interview blink’s literally on his
    toes here the moment blink touched down
    in Shanghai the meeting was essentially
    over he’s coming on the back of multiple
    slaps to China’s face and the biggest
    one is the $95 billion pass by the house
    it wasn’t just ate Ukraine or Israel a
    huge amount of money is heading to
    Taiwan the US has year marked $8 billion
    us allies in the Indo Pacific which is
    China’s backyard the agenda of course is
    to counter Beijing almost 2 billion will
    be spent to replenish Us weapons in the
    region including for Taiwan as well and
    this why blon’s trip was laughable at
    least to the Chinese you’re coming to
    tell president shei what to do when
    you’re actively trying to contain China
    even in the indopacific is simply
    doesn’t make sense bin also has to
    explain a ton of economic restrictions
    that’s the Tik Tok band that’s coming
    that’s the Mexican debacle with byd all
    because of American pressure and all
    these have toped the trip even before he
    left the US it’s important to realize
    that China’s economy isn’t collapsing
    after the big rise in q1 economies have
    upgraded the GDP Outlook to 4.8% this
    year it’s less than beijing’s 5% Target
    but it’s a big U-turn for Western
    economists everyone expected the economy
    to collapse into chaos but that isn’t
    the case even with the horrible property
    crash China’s overall economy is still
    expanding industrial growth is powering
    everything ahead is keeping the Chinese
    economy of flat and a big part of that
    is China’s trade with Russia China
    Russia trade has grown for 140 billion
    in 2021 to over 240 billion last year
    that’s a 100 billion increase from
    pre-war levels and as both economies
    grow Mutual trade is going to explode
    higher Beijing gates cheap Commodities
    or M
    oil and gas metals and coal and all
    these are powering China’s industrial
    push in return Russia buys a ton of
    finished goods from China and this is
    what the US wants to restrict now the
    pretext of course is China’s support for
    moscow’s war machine the claim of dual
    used goods and beijing’s over capacity
    that’s what blink’s going to score W
    about however the real agenda is about
    China setting up alternative Financial
    systems to bypass the dollar to bypass
    Swift completely
    and if the US doesn’t try to stop it
    today it might be impossible tomorrow in
    fact it might already be too late in a
    stunning statement lavro has declared
    the unthinkable that Russia and China
    have dollarized their trade almost
    completely and this is a watershed
    moment that gives the world especially
    the global sound a Playbook to follow
    more than 90% of settlements are carried
    out in National currencies the rubo and
    the Yuan energy Investments are also
    growing at MCO supplying more
    agricultural products to Beijing and as
    we said many times before we must see
    Russia and China as one unified economic
    block that everything else makes sense
    as they grow they will start to
    influence global trade whether it’s
    energy or industrial goods more trade
    will be done outside of the dollar and
    let’s recall yellen’s trip to guano she
    was playing the good C but she also came
    with a big warning that Chinese Banks
    might be next on the sanctions list and
    it’s all over The Wall Street Journal
    Washington is preparing new punishments
    for China’s financial industry they
    might cut Chinese Banks away from the US
    dollar system now we all know that’s
    insane it will force China to start
    pricing everything in the Chinese Yuan
    and as the world’s biggest exporter of
    finnished goods and importer of
    Commodities China can effectively do it
    they won’t collapse it will backfire on
    the dollar itself and that will be the
    final kneel in the coffin there of
    course the thread of the US confiscating
    China’s Holdings of us bonds Beijing
    still has at least $700 billion worth of
    Treasury stuck in US Banks there’s
    always the risk of those going kapo or
    frozen away but that’s the risk the
    Chinese have to take at this point china
    has literally no choice they’re appying
    a ton of gold in the open market the
    blue bar represents buying from the
    Chinese Central Bank theyve been buying
    for 17 months in a row that’s a very big
    signal the pboc is the largest buyer in
    the world it’s not just to store value
    Beijing is moving to sanction proof
    themselves there’s a reason why the
    price of gold has been going higher and
    higher they are essentially prepping for
    financial armagedon that one day the US
    might very well weaponize the dollar
    against China is not impossible and it’s
    becoming very very likely and we must
    understand China’s dilemma if they stop
    trade with Russia Today the US will come
    back and demand Beijing do more it could
    be oil trade with Iran next
    and if China caves the US will keep
    pushing pushing and pushing they would
    demand China destroy its own industrial
    capacity and even tell them to buy up
    more treasury bonds China essentially
    will be a province of the US so this is
    a very slippery slope China has no
    choice but to push back now they have to
    take a stand and draw a very very clear
    line but let’s shift gears to Russia the
    confiscation conflict between Moscow and
    the US is starting to get worse Russia
    hased around $300 billion locked up in
    the west majority is in Europe while
    some are stuck in the US Financial
    system in response Putin has issued an
    ultimatum and a big Salo has been fired
    a Russian court has also ordered a
    seizure of JP Morgan’s assets they
    effectively freezing jpm’s money sitting
    in vtb which is one of Russia’s Banks
    under us sanctions according to the
    report the court has agreed to freeze
    the money in JP Morgan’s Russian
    accounts it also includes JPM state in a
    small Russian bank and trademark
    property right and this is the classic t
    for Tech retaliation you freeze my
    assets you target my money I start
    targeting yours now $440 million is
    essentially nothing compared to $300
    billion is a drop in the ocean but
    what’s Happening Here is Russia sending
    a reminder to the West you have Assets
    in Russia your companies are exposed
    here and we can freeze or seize them as
    well and this is a very scary sign it
    shows Russia is willing to roll on the
    ground and the m and grapple with the G7
    on Thursday Janet Yellen came out with a
    bombshell statement that the seizure of
    Russia’s money is likely coming the US
    proposal for using the interest from the
    300 billion could win broad support and
    this is a solution for countries worried
    about outright seizure and it’s all
    about convincing the EU that using the
    assets is Justified and that’s where the
    money is located over 260 billion
    million is in Europe itself but here’s
    where things get interesting the US is
    moving away from issuing bonds tied to
    the wifall profits the idea now is to
    issue a loan to Ukraine for example if
    the frozen assets yield $5 billion in
    profits this money will be loaned to
    Ukraine directly letting the profits
    just like a bank it’s all about creating
    a new income stream to find the Russians
    according to the US the idea of a loan
    makes sense there’s no need to issue
    Bond draw up a Prospectors and start
    pitching to all the investors a loan is
    more direct and it saves a lot of time
    to execute I think it’s enormously clear
    that the US is pushing hard for
    confiscation they’re trying to attack
    the problem from all angles and it’s
    just a matter of time before the frozen
    assets are utilized maybe it’s a loan
    maybe it’s issuing bonds or seizing
    everything it’s going to happen sooner
    or later and that’s why Russia is
    starting to freeze Western assets as
    well Russia has really iiz that they’
    have made a horrible mistake investing
    in Western bonds and going forward the
    Russian bid will be gone forever and
    that’s not good for the West it keeps
    the cost of borrowing higher Western
    sanctions always tend to P fire take the
    price cap on Russian oil for example
    since December 2022 the West has imposed
    a $60 price cap on Russian crude it
    worked for quite a while but the
    situation has completely turned since
    July last year Russia’s direct selling
    price of Euros the black line is well
    over the $60 price cap the espo price
    which is oil to China is above $80 and
    that is the Ping line and the final
    selling price of Euros in the market is
    $88 that’s the yellow line here a lot of
    that money is being earned from Russian
    vessels oil revenue is still flowing
    into the country some will be used for
    the war effort some will be channeled to
    grow the Russian economy but there will
    be a portion dedicated to refilling
    their Reserves and as we can see
    Russia’s Forex reserves are starting to
    creep back up it’s heading towards $600
    billion worth from the lows in September
    2022 and that 600 billion that will
    never be invested in American or
    Eurozone assets ever again is going to
    gold is going to the Chinese Yan but
    let’s Circle back to blinken’s trip to
    China because he has just met with wangi
    blink is in Beijing and China just gave
    him another big warning they are
    starting to push back hard wangi told
    blink that negatives between the US and
    China are building and we must read
    between the lines here it all has to do
    with China’s trade with Russia now once
    again China has re-emphasized they won’t
    cut away trade with Russia the economic
    ties will stay Beijing has taken a hard
    line with blinken and wangi statement
    says it all and this is coming directly
    from the American readout just before
    the meeting straight from the US
    Department of State according to wangi
    shoot out two SIDS lead International
    cooperation against Global issues and
    achieve a win-win for all or engage in
    rivalry and confrontation or even slide
    into conflict which would be a loose
    loose for all this is the Line in the
    Sand we’re talking about it shows China
    isn’t afraid of Confrontation anymore
    and if things get bad enough Beijing
    will meet the US on the field and this
    should be alarming to the world blink
    trip is essentially a disaster he’s
    encountering the Great War of resistance
    Beijing won’t budge on key issues which
    include Russia and the over capacity
    claim and we know blink’s orders are
    quite simple stop Chinese trade with
    Russia to St Putin Out start with door
    Ed goods and eventually squeeze China to
    stop all other segments of trade but if
    you’re Beijing cutting relations with
    Russia is simply quite impossible
    China’s making a big industrial pivot
    which means they need a lot of cheap
    Commodities and they’re getting a ton of
    it from Russia Russia forecasts lower
    price for the gas exports to China
    versus Europe China is paying 28% less
    for Russian gas versus the EU 28% is a
    big margin guys it’s a big reason why
    Chinese Industries are just so
    competitive when your inputs are cheap
    you can compete on price and just this
    year alone China’s paying only $260 for
    1,000 cubic M of Russian gas Europe on
    the other hand is paying over $320 do
    this is a very big price Gap that
    changes everything and that of course is
    the consequence of Europe’s decoupling
    from the Russian economy the supply of
    cheap gas and commodities is over the
    discounts they all flowing to Beijing
    but it gets better Russia’s wrapping up
    exports to China at a maximum of 38
    billion cubic met next year and in three
    years Time by 2027 gas prom will be
    selling an additional 10 billion to
    China in total China could be getting
    close to 50 billion cubic M of cheap
    Russian energy a ton of Russian gas will
    be powering Chinese Industries against
    the west and that’s why Beijing refuses
    to budge they won’t give up an inch now
    because the US will be back for more and
    the last thing China wants to lose is
    access to cheap Russian oil and gas
    that’s why blinken strip is just a waste
    of time there’s too much stake between
    China and Russia it’s all interconnected
    if China turns their back on Russia
    today they are in the Industries will
    suffer tomorrow and if Beijing exports
    less to the world they’ll be more
    vulnerable to trade sanctions from the
    US especially if Yellen slep sanctions
    on Chinese Banks and once you understand
    this you’ll realize that this is just
    one big glorified holiday for blinkin
    he’ll enjoy the food he’ll enjoy
    Shanghai however nothing substantial
    will get done but let me know what you
    think did blink’s trp succeed and will
    Russia continue freezing Western assets
    let me me know in the comments below
    stay safe be sure to smash the like
    button and subscribe as we navigate
    through this crazy times

    Blinken’s in China and things aren’t going well for him. Beijing has given him multiple warnings and red lines not to cross. China has given clear signs they aren’t afraid of America’s economic threats. Meanwhile, Russia has just frozen the assets of JP Morgan’s Russian account. This asset seizure will likely continue as the West plans to confiscate Russia’s frozen $300 billion. Here’s what you must know!

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    ✅ Timestamps & Chapters:
    0:00 Blinken’s Disastrous China Trip
    3:34 China Defies US Economic Threats
    7:22 Russia Moves To Seize US Bank Assets
    11:18 China Refuses To Decouple With Russia
    14:19 Blinken Waste Of Time

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    36 Comments

    1. This was the Western plan all along.
      The US Financial hegemony is fading fast and their latest sanction attempts on Russia have not only failed, they backfired onto the EU ( US Vassal States and Bag-Carriers ) .
      The Chinese are aware that the primary target was to cut off Russian Energy and Oil from Chinese industries and hence the excuse of “ Russia has invaded Ukraine ‘ as the west was planning their sanctions all the time as they fear the SCO and Brics moreover, the effects have backfired so badly that the Brics are now putting into increased operation their three alternatives to SWIFT, alternatives to western debit and credit cards , they are now not using the Dollar where possible and using their own Currencies and Commodities Exchanges and, to now crown it all, with these latest silly threats by bankrupt EU and the US Empire to sanction China if they do not “ obey US demands !” It is very likely the Chinese will drop all US treasuries in total and introduce for SCO and Brics and African Union a Yuan based alternative that will , in my opinion be adopted by the entire developing World as the Earth is tired of being pushed around by US/Al Capone and his EU side kicks.
      The West is desperate to try to prevent and manage their own decline and these latest empty threats against a trading bloc , with a commodity and real economy will once again fail .
      I just wonder if Serbia joins either Brics or SCO , will the Hungarians and Slovakia follow as well due to their long friction with Brussels !

    2. China has ~4X the population of the US. China has ~10X the number of STEM graduates than the US. China is not afraid of the US.
      One of the latest insane headlines: "Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar"
      I do not believe Trump or his advisors understand how SWIFT actually works. Most who have "moved away" from SWIFT have been BANNED from using SWIFT. The last time I checked, there are more than 100 places/countries that have been BANNED from SWIFT.

    3. Beijing won't yield to any US cajoling or threats for that matter and Russia will continue to seize US assets in retaliation.
      The world is in a state of total reset and there's little any one country or group can do about it.
      No one country can be bullied anymore.
      It's now a situation of taking it or leaving it .

    4. Why does the US even persist with 'diplomacy' ? It's damned obvious that they don't do diplomacy. They do 'confrontation'. So, come on, Russia and China – call them out ! Don't just stare at the chess board – make your move !

    5. We are all waiting for the next idiotic move from the American government what will it do next to accelerate the process of self destruction. Brics is the best news in years no more weaponising money .

    6. If China listens to US and cuts off Russia, China will be next on USA's hit list. China isn't that stupid. If China helps Russia, USA will bankrupt itself in due course. The choice is pretty obvious.

    7. Of course there are much differences between Us and China. They are all caused by the Us. China is right to tell Blinkers – the choice is the Us to choose cooperation or confrontation. China can manage any one of the choices.

    8. US is lying again. The US demands an equal playing field from China when it comes to economy. It is actually the US not playing it equal. If the US truly want an equal playing field then Dollar should not be the standard currency.

    9. Blinken wearing his blinkers, but you have to admire his level of ignorance, I don’t know what he expected the Chinese to do, it’s really an American problem, with $34 trillion debt it seems threatening China is their will get them off the hook.

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