Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Kyle Bass has spoken of the impact of the MSCI on aiding China in getting USD it needs.
(See Real Vision)
It seems his message is getting through;
------------
Mon, 05/11/2020 - 22:07
FOX Business reports that President Trump is moving ahead with his plans to block a government retirement fund from investing in Chinese equities considered a national security risk.
Last Wednesday: the Trump admin is planning an executive order to block a 2017 decision that The Thrift Savings Plan, the federal government’s retirement savings fund, would transfer a massive $50 billion to an international fund which would mirror the MSCI All-Country World Index.
The issue being China's addition to the index, and thus the fund being forced to allocate significant capital to the Chinese stock markets
National security adviser Robert O’Brien and National Economic Council Chair Larry Kudlow write to U.S. Labor Secretary Eugene Scalia stating that the White House does not want the Thrift Savings Plan, which is a federal employee retirement fund, to have money invested in Chinese equities.
"we do not believe that proceeding with the investment of retirement savings of hardworking federal workers in Chinese companies is prudent."
CCP suspected to have offered bounty in Afghanistan to kill American soldiers 8:50
CCP telecoms blacklisted and to be desisted from NYSE $10B investment. Telecoms aid Chinese military (NYSE reversed decision the following waiting for CCP friendly Biden) 14:10
Money to C..CP
1. restored funding to WHO (puppet org of C.CP - covered up Pooh -flu and praised cover-up)
2. purchased million of doses of C..PP Pooh-flu shots to be donate to Brazil and other countries. Did not purchase US made vac..cines (Pooh-flu shots Sino.... Low efficacy approximately 53% and phase 3 trials not done. C..CP purchased hundred of thousands of foreign shots for C.CP party elites)
3. Critical sensitive components of electrical grid now to be source from Ch..ina. Grave national
security problem
4. Companies linked to C..PP military may now be purchased (due to be illegal 31 Jan). Direct flow of funds to hostile military power. Makes key components in US military equipment. Grave national security threat.
5. MSCI and MSCI Russell will now continue to include these firms - funding hundred of millions to C..CP regime - including pension money of US service personnel and US pensioners - against their will - to a hostile foreign military power.
----------notes to 4 -----
PLA linked firms (nuclear power, petro chem, ship building)
military contractors and 4 of 5 directly owned by Chineses military regime)
wants to strengthen ties with C..PP and says
"china is moving in the right direction" (-stealing military ans communication tech and forced organ harvesting, eh Herbert - good stuff).
"wants to further strength ties with China"
(or any international criminal organization that line his pockets no doubt)
Aided Hong-Hong crackdown
Signed petition supporting new c...CP "national Security" law
Froze accounts of pro democracy activist and democracy movement lawyer
"I believe we are doing the right thing for Hong Kong"
US agency for Global Media - to promote democracy and uncensored news.
Michael Pack - appointed to end pro Bejjing slant
was removed and replaced by Kelu Chan.
by JB.
Previous to M. Pack VOA would meet with Chinese Embassy to get their input - changing its independent stance and got it to avoid stories hard on the Chinese regime and it became a taxpayer funded propogana source.
Voice of America (VOA) Director Robert Reilly appointed to end pro Bejjing slant and his assistant deputy
was removed and "escorted from the building" Bay Fung - pro-Bejjing previous head of VOA has been appointed by JB to return.
00:00 Intro
00:47 WHO team visits Wuhan virus lab
03:27 Lockdown suicides in Chinese cities
05:58 US citizen charged under HK security law
08:36 Beijing angered by Canada embassy's Wuhan T-shirts
09:37 Chinese authorities arrest virus patient
10:57 Fake CCP virus vaccines reported in China
11:54 CCP tightens control over social media influencers
12:43 1 in 5 Chinese submariners suffer w/ mental health
13:46 Human rights groups: boycott Beijing Olympic games
14:34 China hackers may be behind US data breach
15:58 Sec. Blinken: US should accept Hong Kong refugees
16:26 Huawei: fake accounts campaign against Belgium ban
17:57 Ukraine sanctions Chinese aerospace company
19:11 Q & A: More holiday travelers than population?
