FMG 0.72% $26.51 fortescue ltd

China will not start a war over Taiwan! It is American that are...

  1. mah
    1,283 Posts.
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    China will not start a war over Taiwan! It is American that are looking for another war as they have realised China is defeating them economically! America has the strongest military power and the dollar is the dominant currency , and they have abused their power in the past 30 years .
    Now the world is changing! Africa is waking up and they want to determine their own affairs. There is a strong resentment among African and middle eastern countries towards American double standard policies and it is leading to downfall of American empire. FMG and other Australian companies will get severely effected at least in the short and medium term if the situation between American and Chinese worsen , but I believe at this stage we are pretty safe , but I hope in a few years time we produce hydrogen and green steel and not relaying on our export mostly to China . By that time 2030 the SP will be around 50 dollar. Meanwhile I am enjoying the fat dividend and buying more in the deep.
 
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