Just a theory but outcomes are very interesting IMO. like who is going to stump up a few billion then? Chinese govt or bank? Wonder what level of traders feidelity insurance the LME has?
Its fine to say let the shorters suffer but if the debt is not paid will LME exclude the shorters into the future if its found to be sovereign debt. Somehow i see this as another part of breaking down the wests control over the finance system.
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