XJO 0.84% 8,295.1 s&p/asx 200

18/10 week, page-318

  1. 101 Posts.
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    Hi gve, apologies for the slow reply but more information regarding this is slowly coming out, especially in the wake of a large amount of explosives being found in a ship coming into Australia, and a cargo ship catching fire coming into Canada. There was a report released showing the election interference which the Director of National Intelligence is now acting on.
    We also know that Trump had an executive orders regarding the 'dreamers' struck down by the court which set precedent that executive orders from previous administrations cannot immediately be struck down by an incoming president. These two factors would explain why Biden couldn't just undo that EO.

    In summary, these movements may be economic warfare, or potentially laying groundwork for a potentially kinetic war. If the ports are blocked and containers are not returning to China, then China is being starved of USD flowing into their economy. Similarly, the cargo ships could be used as staging assets outside of enormously critical ports.
 
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