#2of6 China Builds Investment Alliances with Oil Suppliers via Rising RMB + Equities as US Squabbles
Summary:
- China is likely preparing the RMB to rally along with the stock market. Perhaps China is doing a deal with the non-China SWF’s – which would make sense. Governments talking to governments – building strategic alliances of capital and trade – new blood brothers.
- These new alliances of “mutually assured growth and political control” will have a big impact on the evolution of global development.
- Unless the advanced economies respond forcefully, the world is entering a dark phase.
- As the oil industry is officially becoming relegated to the back waters when the largest market cap company in the world was Exxon in 2011 and Exxon has just been pulled from the Dow Jones Industrial Index, oil is about to make itself felt in another big way.
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