(Reuters) – Argentina, which defaulted on its debt in July, will receive the first tranche of a multi-billion dollar currency swap operation with China’s central bank before the end of this year, the South American country’s La Nacion newspaper reported on Sunday.
The swap will allow Argentina to bolster its foreign reserves or pay for Chinese imports with the yuan currency at a time weak export revenues and an ailing currency have put the Latin American nation’s foreign reserves under intense pressure.
I saw this excerpt above and then did some thinking, over a great cup of coffee…
Then it became very clear; Russia running interference and China scarfing up the world countries one at a time, trade and loans, loans of those worthless dollars that they have accumulated and are dumping around the world……
I have been doing some thinking over the last few months and trying to understand why Russia did not just take East Ukraine when they voted to get away from Kiev. For they took Crimea with out hesitation and at first I was a little upset that Russia did not do the same for East Ukraine. Then the light bulb has gone on over my head and I am seeing the chess moves by Russia and by China. These moves are choreographed together and that tells me that a whole bunch of interesting discussions have been going on between Russian and China and no one even realized it…
To take East Ukraine would not have been beneficial and since the Western Empire started the whole mess in Ukraine, Russia can play it how they feel. Russia and China are going to play the west with their own medicine…
You can cover it up all you want in the west, but China is sniping one country at a time from using the dollar in trade and every country that does (So far they all do!) that also is guaranteed to have Russia to trade with also. Then I realized that ultimately BRICS will be the go to trade group…
I do see a weak spot in India, but I think in the end they will see the light, if not, Iran will see it for them and BRICS will stay BRICS…
I also am still hearing solid rumors about Germany looking to join the BRICS, we have to wait to see, Merkel is about as dead of a fish as they come politically, now that she has sold her soul to the U.S…
Lets wait and see what happens for if the sanctions, lies and propaganda continue against Russia, then we will sooner than later see serious issues arise, as the west takes a beating that it deserves…
Post by Kyle Keeton
Windows to Russia…