I asked previously if anyone had any thoughts on China's recent stance on derivatives default. I wanted to ask again as it was originally posed at the end of my lengthy post and might have gone unnoticed.   Does anyone have any thoughts they'd like to share?  Also, I'll post the articles of major concern from the last two weeks that deal with industry specific topics from trade publications I receive. One of the biggest bits of news is that Fannie is about to divest its portfolio of Tax Credit (I believe they are comprised fully of the LIHTC Section 42's) Multifamily Assets. This is major. This is extremely disturbing and a gigantic tell of what's to come.   I'll explain later...I've got a pretty little gal looking crossways at me right now because we haven't left yet.........what I go through for you fine followers of this great thread!! :rolleyes: This may be a bit off-topic, but I remember that a poster in another thread directed us towards an article written by a Jew living in China concerning how open and admiring the Chinese were of the Jews. Supposedly, they face little if any discrimination there and many set up residence in China every year.    My thoughts are (and I deal with China for my company on a frequent basis) is that the Chinese identify who the decision makers are in a country (or company) and pretty much cast the non-players aside. If you are a decision maker and one who can open the pursestrings, then you are treated like a king. The Jews were lauded by the Chinese for a long time as they are the ones that helped them open US and European markets and gain access to weapons technology and hard currency (which the dollar was when this all started in earnest) that they desperately needed to modernize.     Quite obviously, the Chinese got a little too cozy in their dealings with the Jews and trusted them more than they should have and have realized that they've been burned. Jews don't hold the same value for the Chinese as they used to, and they have realized the sway they hold over the economies in which Jews rule over. One thing that everyone needs to understand about the Chinese is that you are their darling when you have something they want. Once they have that something or you are unable to provide it to them anymore and you become a  persona non grata  and you get cast aside.    The Chinese seem to have the Jews trapped in a catch-22. They can't really press China for non-payment on the derivatives contracts as their companies (US/Euro manufacturers) make way too much money off of producing in China and the trans-shipping and lax accounting that allows them to inflate the price of goods purchased on the books to avoid paying much taxes in their home country in which they intend to sell the product. China has strengthened to the point where they don't feel the need to court the Jew anymore. The Jew made the mistake of thinking that he could manage the relationship with China.    Unfortunately for the Jew, he sticks out like a sore thumb there and has no chance of every getting into key finance, education or government positions. They must realize that they Chinese have used them to get what they want and I wouldn't be surprised if the war with Iran goes ahead now to try and suck China in as punishment. Surely all the unrest you see with the Uighurs in western China is being fomented by the CIA/Mossad as a signal to the Chinese that the Jews can still cause them some serious aggravation by whipping up anti-Chinese feelings amongst the indigenous muslim population and that of neighboring countries as well.