(Thank you Backdoc for sending this to Dinar Recaps.)
IT SEEMS WE ARE SEEING SWIFT ACTION TAKING PLACE WITH EMPIRE COUNTRIES IN THE EAST! TRADE DEALS LIKE THIS ONE WITH SOUTH KOREA AND COOPERATIVE BANKING LENDING WILL LEAD MORE TO THE CONCEPT OF,
"ALL FOR ONE AND ONE FOR ALL"!
IT SEEMS THAT CHINA WILL HAVE ITS HANDS FULL WITH TPP AGREEMENTS! THIS WILL PUT A SERIOUS HURT ON CHINAS EXPORTS. REALIZE THAT CHINA IS AN EXPORT ECONOMY!
IF A GOOD PART OF THE ASIAN WORLD BUSINESS ECONOMIES DECIDE TO MARGINALIZE CHINA AND SHIFT TRADE TO VIETNAM, INDONESIA,JAPAN,AND SOUTH KOREA ,CHINA IS GOING TO BE FINANCIALLY IMPACTED.
THIS WILL GIVE THE FED TIME TO PULL IN LIQUIDITY ON BALANCE SHEETS ONCE THE TREASURY STARTS PAYING DOWN DEBT!
AS I SAID BEFORE, THE QUANTITATIVE EASING OR SELLING OF UST BONDS TO THE FED IS RESPONSIBLE FOR DEVALUATION OF THE DOLLAR IN THE PAST FEW YEARS.
THE SIGNIFICANT POINT TO NOTE HERE IS THAT ONCE THE IRAQ PROJECT IS LAUNCHED THE US TREASURY CAN BEGIN TO DECIDE ITS PAY DOWN PLAN! THIS PROCESS WILL HAVE THE OPPOSITE EFFECT ON THE STOCK MARKET IN THE U.S. LOOK FOR A SIGNIFICANT DOWNWARD ADJUSTMENT COMING!
IMO THIS HAS THE POTENTIAL TO CREATE A MASSIVE LIQUIDITY PROBLEM FOR THE US DOLLAR AS THESE DEBTS ARE REDUCED AND CURRENCY IS PULLED IN BY THE FED WHILE RATES BEGIN TO RISE! THIS MAY BE SIMILAR TO WHAT WE ARE NOW SEEING IN IRAQ AND VIETNAM!
AS IRAQ AND VIETNAM BEGIN TO FUNCTION WITH THEIR OWN CURRENCY THE U.S. DOLLAR WILL NEED TO DECREASE THE AMOUNT USED WORLD WIDE. THE U.S. WILL NEED TO REDUCE ITS DEBT TO HANDLE INTEREST RATE INCREASES AND ADJUST TO THE REDUCED DOLLARS IN THE GLOBAL FLOAT!
NOW IF I MAY, I HAVE A FEW THOUGHTS ON THAT TRIPP INTO THE FUTURE AGAIN! IN THE MATRIX I MENTIONED THAT KUWAIT WILL END ITS OLD CURRENCY ON OCTOBER 1ST! SO ON OCTOBER 2ND WE WILL SEE THE NEW CURRENCY RELEASED! MMMMM
THE QUESTION HERE IS, IS THIS A ONE OFF EVENT OR IS THERE MORE GLOBALLY HAPPENING AT THAT TIME? WELL, THIS WEEK WE LEARNED OF THE U.S. PASSING A 3.8 TRILLION DOLLAR BUDGET RIGHT? RIGHT. WELL, I FIND SOME DATES VERY INTERESTING TO WATCH.
THE U.S. NEEDS TO DECIDE HOW THAT BUDGET WILL BE SPENT AND SIGNED BY THE PRESIDENT NO LATER THAN OCT. 1ST OR THEY SHUT DOWN THE GOVT.! BASED ON THE ARTICLES WE HAVE SEEN, THE GOVT. APPEARS TO BE PREPARING A SIGNIFICANT CUT BACK ON SOCIAL SPENDING! I HAVE CONCERNS ON HOW THIS MAY PLAY OUT ESPECIALLY AFTER INCIDENTS LIKE BOSTON AND FERGUSEN.
ASSUMING A RE-INSTATEMENT IS ACHIEVED IN THE NEAR TERM I BELIEVE SOMETHING ADDITIONAL MAY HAPPEN POSITIVE TO THE KUWATI DINAR AND THE IRAQI DINAR AROUND THAT TIME! THE DONG MAY FOLLOW IN THEIR FOOTSTEPS AS WELL.
REALIZE THESE ARE ONLY THOUGHTS TO STUDY FOR NOW, BUT IT COULD VERY WELL BECOME IMPORTANT LATER FOR REASONS I'M NOT WILLING TO DISCUSS AT PRESENT.
ANOTHER IMPORT POINT ABOUT THE OCTOBER ISSUE IS THAT ITS THE BEGINNING OF A NEW FISCAL YEAR FOR THE U.S.! LET'S STUDY THESE ISSUES AND SEE IF ANYTHING BEGINS TO TELL US MORE OF THE STORY OVER TIME.
THESE ARE JUST THOUGHTS AND POSSIBILITIES WITH SOME OPINIONS:
ThunderHawk wrote on May 10th, 2015, 10:33 pm:
VIETNAM: HDBank signs agreement for strategic partnership with S Korea's HanaBank
HCM CITY (VNS) — HDBank signed an agreement for strategic co-operation with South Korea's HanaBank last Friday.
Under the agreement, the two banks will co-ordinate to assist clients and provide them with information and consultancy about the business and investment environment in Viet Nam and the country's laws on foreign investment in finance and banking sectors.
They will share information about the industrial sector in South Korea and Viet Nam, introduce potential industrial clients to each other, and co-operate for human resources training and other exchanges.
The co-operation between HDBank and HanaBank is expected to create favourable conditions for their development in areas like funds swap, financing each other's lending activities, syndicated loans and other banking services like remittances, international payments, trade funding, foreign currency transactions, card services, and issue of co-branded credit cards.
The agreement follows closely on the heels of the Viet Nam – Korea Free Trade Agreement signed on May 5, contributing to strengthening the relationship between companies and credit organisations from the two countries and helping promote economic ties between the two countries.
With assets of nearly VND100 trillion (US$4.6 billion), charter capital of VND8.1 trillion ($375.52 million) and more than 220 branches around the country, HDBank is one of the biggest joint stock banks in Viet Nam.
Hana Bank belongs to the Hana Financial Group, one of the three leading banks in South Korea and a leader in the retail banking business. — VNS