Food for thought. China wants to Gets Tough? Then Float the Yuan and Open the Capital Account China’s new order telling firms to ignore U.S. sanctions sounds like a strategic turning point, but it’s really a loud flourish on top of a deeply cautious financial regime. Beijing is willing to manufacture a legal clash with Washington over a handful of refiners and Iran oil flows, but it is absolutely unwilling to take the one step that would prove real confidence: floating the yuan and lifting capital controls. That gap between swagger and structure is the story. On the surface, China is “playing tough” by declaring U.S. sanctions illegitimate and instructing its companies to treat American law as a foreign nuisance. Beneath the surface, the system still rests on a tightly managed exchange rate, strict controls on cross‑border flows, and a party‑directed banking sector designed to contain panic and suppress market verdicts. True monetary sovereignty, exposing the currency and capital account to global discipline, would mean accepting the risk of sudden stops, capital flight, and a genuine market price for Chinese risk. That is a step Xi’s China will not take. The result is an asymmetry: Beijing talks like a revisionist power but behaves, in monetary terms, like a highly defensive one. It is not building an open alternative to the dollar system; it is building a walled‑off subsystem that can route around U.S. pressure in specific corridors while keeping domestic savers and capital locked inside. That combination, muscular rhetoric at the frontier, financial caution at home, is precisely why U.S. sanctions are being eroded at the edges instead of being confronted head‑on, and why the contest over financial hegemony will be a grinding, structural competition rather than a single decisive break.

ساعت حدود ۱۲:۳۰ ظهر سه‌شنبه؛ ساکنان بوشهر و بندرگناوه می‌گویند صدای انفجار از خلیج فارس، سمت جزیره خارک می‌شنوند.

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There is no way the market is that stupid. This is the same guy that said he saw Gulf Countries as allies, and then IRGC fired missiles right after. He has zero influence. Zero.

AI employment doomerism is rooted in the socialist fallacy of lump of labor. It is wrong now for the same reason it’s always been wrong. More people really should try to learn about this. The AI will teach you about it if you ask! (Hinton is a socialist. youtube.com/shorts/R-b8RR60a…)

RUBIO: WE CAN ACHIEVE OUR GOALS IN IRAN WITHOUT ANY GROUND TROOPS

They are going to take Kharg, watch!

Absolutely not. They're going scorched Earth just like China did in February 2020

BREAKING: US oil prices extend their reversal, now dropping below $100/barrel and up just 9% on the day. We are witnessing one of the biggest daily crude oil reversals in history.

Yes but don’t worry somehow he’ll be at an all time high today even with all positions Silver Gold Kospi PPLT CPER China Mexico TLT getting murked. Cause his random bs RTA buy had a .24% increase

TRUMP TELLS ALL AGENCIES TO STOP USE OF ANTHROPIC’S TECHNOLOGY hello down valuation round

"You’re paying 90% of Trump’s tariffs," per WSJ opinion

BREAKING: The House passed the SAVE America Act by a 218–213 vote. The bill would require voter ID in elections as early as this coming November. All Republicans present voted for it; one Democrat, Henry Cuellar, voted for it.

China's ownership of US assets is declining: China’s combined holdings of Treasuries, stocks, and agency, corporate, and other bonds are down to $1.56 trillion, near the lowest in 14 years. This includes Belgium-held Treasuries, widely believed to represent Chinese custodial accounts. Excluding Belgium, total holdings are down to $1.16 trillion, the lowest since 2008. China's official Treasury holdings fell -$6.1 billion in November, to $682.6 billion, the lowest since October 2008. Now, China is urging banks to begin selling US Treasuries. Is China diversifying away from the US?

Cowork is now available on Windows. We’re bringing full feature parity with MacOS: file access, multi-step task execution, plugins, and MCP connectors.