NEW SELF SANCTIONS

US President Joe Biden's new restrictions on technology exports to China could undermine that country's ability to develop wide swaths of its economy, from semiconductors and supercomputers to surveillance systems and advanced weapons.

The Commerce Department has unveiled sweeping regulations limiting the sale of semiconductor and chip-making equipment to Chinese customers, hitting the foundation of Beijing's efforts to build its own chip industry.? The Biden administration also added 31 organizations to its "unverified" list, including Yangtze Memory Technologies and a subsidiary of leading chip equipment maker Naura Technology Group, severely limiting their ability to buy technology abroad.

FAST MOVEMENTS, FOR A SLOW MAN

The moves are Biden's most aggressive yet, as he seeks to prevent China from developing capabilities that the White House sees as a threat to the US economy and national security.

"But it seems a bit late with the high rate of inflation and with several fire pockets."

It was not easier to see that the fall of junk bonds, which generates the endless bubble of Real Estate and the disengagement of support from the Chinese Government, ?Were tactics of attack on the international financial market?.

CHINESE FINANCIAL BUBBLE ??

While refusing to admit capitalism as adopting his policy.

At the same time, its companies leveraged by the number of people × the ease of access to credit by the Chinese government for people + the support of credit to large builders = generated an interest in the speculators of the American stock market, which today 61% of the Chinese Real Estate debt. So easily and so blatantly, China has sanctioned its own companies that it previously praised for progress and left them illiquid, without backing.

This generated the default of payments, the fall in prices and the cessation of construction by companies submerged in debt. A single Evergrande (the No. 2 in the world generates the accumulated 500 billion dollars in debt).

But for the Chinese Comedy it was very easy to put on a play where they pointed out the bad practices in public exposing the construction companies (the old allies of the Chinese super growth).

Same method that they practiced this week with the former President of 2003/2013 Hu Jintao, who was pushed out of the assembly by guards and the astonished gaze of the media (which were strategically minutes to witness the act of power and purge carried out by Xi).

Returning to Real Estate to the government sanctioning its companies, it destabilized the international market at the time. A situation that was saved by the Treasury with progressive incentives, at the same time that a war was generated in the Ukraine "after the Xi-Putin celebration at the opening of the winter Olympics in Russia."

Days later the landing in the Ukraine and the financial system had no chance to stand.

Especially when they put repeated self-sanctions that only affected the West, a process that was completed with the retention of containers in Chinese ports for more than 2 years, simultaneously causing an unavoidable and unprecedented SHORTAGE Crisis, escalating prices to extraordinary values.

NEW WORLD ORDER

China supports the expansion of BRICS with Saudi Arabia as a new member: it sets the stage for a possible future reserve currency to rival the US dollar.

?If you're not paying attention yet!

You should be, there are some seismic shifts currently taking place in the global world order. China supports Saudi Arabia to join the BRICS and the two countries are now ready to cooperate in the world oil market and nuclear energy, highly significant developments.

"The People's Republic of China (PRC), as this year's BRICS chair, actively supports the group to start the membership expansion process and expand BRICS+ cooperation," a Chinese Foreign Ministry spokesman said.

There are also growing noises that the BRICS coalition will launch a commodity-based reserve currency.? This coalition would be a direct challenge to the petrodollar system that has allowed the United States to dominate.

AND FURTHERMORE PUTIN SAID

At a time when he knows that the pain caused by energy and food shortages is being felt in the West.? He pointed to the West, making them see that they are strong in their bloc and that they are used to the hostility that the West will know for the next decade.

Then there will be the skeptics, the fanatics or the simple people that we condemn to autocracies.

?

?BUT TIME THAT THESE PEOPLE ARE SERIOUS AND THAT'S WHAT THEY ARE DEDICATED TO!

...

Meanwhile, the White House is scrapping the kingdom after they completely ignored President Biden's requests to increase oil production. Instead, they cut production by a historic 2 million barrels per day, a significant geopolitical move and a "hostile act" according to the WH.

The war has pushed the West into NATO and the East/Middle East into a potential new geopolitical superpower that significantly changes the balance of world order and economic systems.

The world as we know it is changing rapidly and the transition will be significant and things are heating up on the world stage.

?Fasten your seatbelt, warn of turbulence!

CONCLUSION:

"China's strategy was perfectly executed and today Europe, along with the rest of the world, are paying for those bad trading partners".

IMMEDIATE EFFECTS

For this very reason, the biggest players in the $23.7 trillion US Treasury bond market are in retreat. From Japanese pensions and life insurers to foreign governments and US commercial banks, where they once queued to get their hands on US government debt, most have walked away.

Millions of Americans are racing to file their 2021 federal taxes before time runs out. After two years of leniency due to pandemic-related chaos, the Internal Revenue Service is re-imposing fines on those who miss the deadline.

Also, the interest rate for underpayments increased to 6% on October 1, up from 5%, so now it will cost you even more if you haven't paid everything you owe.

US stocks fell consecutively and an indicator of the strength of the dollar rose to the highest level this month = DESIDIA!

Investors seem to expect this earnings season to hit stocks even harder, with some seeing Apple in particular as an indicator of global economic conditions. Here is the summary of their markets.

MORE LOSSES

Bloomberg pointed to the risk of "serious losses" in the $1 trillion auto debt market after statistics showed used-vehicle prices in the US declined in September.

MY OPINION: That we should think about how to grow in PEACE, I think that today is a good investment and especially for the FUTURE also.?