Military Review

Do they devalue the dollar?

50
In the foreign press leaked information about the "devaluation of the dollar." The decision about this was supposedly taken by the powerful, including Janet Yellen, Jacob Liu, Christine Lagarde, persons from the Japanese and Chinese Central Banks. True, the plan has not been fully implemented. The Daily Reckoning writes about a “secret deal,” which was concluded at the end of February 2016 in Shanghai, and then partially implemented in March.




Referring to the source. It is the mentioned newspaper. "The Daily Reckoning", edition existing from 1999 of the year and sticking to directions of "independent financial forecasting".

One of the main authors of the newspaper is James G. Rickards, American lawyer, economist and investment banker with a 35-year experience on Wall Street. This man wrote two books that became bestsellers according to The New York Times: Currency Wars and Death of Money.

This very Rickards told the world about how the powerful people of the world plotted to "shanghai" the dollar. He told about it in the article. "The Dollar Has Been Shanghaied"published 24 March 2016 of the year.

The US dollar "is forced to serve the interests of the world" against the "will of the American people," writes Rickards.

From some "information" the analyst learned that the dollar was "Shanghai" by some representatives of the G20 countries. G20, he recalls, controls the world's monetary system. Collusion of high officials can be the “most important” phenomenon in the development of the financial sector in 2016.

At a secret meeting in Shanghai on February 26, the powerful people decided to "knock out the dollar."

Who was present at the meeting?

The author gives a whole list of names, in the course of the case calling the conspiracy participants "villains" and "currency manipulators." Here and Janet Yellen from the Fed, and Christine Lagarde from the IMF, and Mario Draghi from the ECB and US Treasury Secretary Jacob Lew. There were also guys from central banks and ministries of finance from Japan, China "and other BRICS countries" (not specified).

The main meeting of G20 finance ministers and central bank governors was not at all a secret, the economist notes. On the contrary, it was conducted "with great fanfare and publicity." Thousands of reporters arrived in Shanghai to later give out their reports and analytics.

However, that was the main meeting. The most important conversation was going on behind the scenes. At the so-called side meeting, only people from the United States, some European countries, Japan, and China, as well as an IMF representative, participated. Their meeting was not advertised.

The USA, Europe, Japan and China together give more than 70% of world GDP, the author reminds. The IMF in this kind of secret meetings plays the role of "mediator".

The result of the last "last supper" was "the largest agreement on the devaluation of the dollar" with 1985 year.

Rickards recalls that James Baker (Secretary of the US Treasury under Ronald Reagan) arranged for the devaluation of 85. The dollar rose almost 50% in the period 1980-1985, reaching a record high in 1985. A strong dollar interfered with exports and negatively influenced the number of jobs in the United States.

The devaluation of 1985 was a coordinated decision. The United States, France, West Germany, Japan and the United Kingdom participated in that “deal”. They agreed to weaken the dollar, and they did it all. “It worked,” Rickards writes. - The dollar fell by 30% over the next three years. The US economy opened a second wind ... "

Now the dollar is too high, this is indicated by the main indices for 10 years. It's time to roll it down again.

The thing is that now there are no such smart people in the US government as they worked under Reagan. As the expert notes, such clever men as James Baker, something is not visible. And this time the winner will not be the United States; the winner will go to China. But the losers will be the same as before - Japan and Europe.

The secret deal was approved by 26 February. And at the first opportunity, the central banks that participated in the negotiations should have realized it. Towards the middle of March, the first actions began.

Meetings were held: at the ECB level - March 10, at the Bank of Japan level - March 15, at the Fed level - March March 16. The ECB, the Bank of Japan and the Fed decided that, if necessary, they would be able to implement the plan "in just five working days."

And then there will be “the largest currency manipulation” since 1985, the analyst notes.

What result will see the world? Is the dollar currently falling by 30%, just as it fell after 1985 of the year?

Yes, it can be, says Rickards.

If this happens, he continues, “shock waves” will spread throughout the world, all markets will feel them. US stocks rise, Japanese stocks collapse, gold will rise in price.

So far, no direct devaluations have occurred. The central banks of Japan and Europe did not resort to raising rates, which would lead to the strengthening of the yen and the euro. It was decided to strengthen the currency "by increasing expectations". Players in the markets really thought that the ECB and the Bank of Japan would “deepen the policy of quantitative easing” in the long term.

The March 16 Fed also gave the command to weaken the dollar by “changing expectations”. This is the "easiest form of exposure." It was stated that the rate increase will be slow.

What next? This is another mystery! Another G20 meeting is scheduled for 16 on April 2016. It will be held "on the sidelines of the spring meeting of the IMF in Washington, DC".

Rickards will just be in Washington, and promises to issue a "report from the front line."

He expects the "big four" (Japan, the United States, the eurozone and China) to "leave exchange rates alone for a while." The Quartet wants to evaluate the previous results of the Shanghai agreement before taking further steps. It's all about China: in unstable times, they want to “give a break”.

The Shanghai Accord looks like an intermediate success for the central banks that came together. And this means that the "big four" will want to "try again."

At present, both the yen and the euro are strengthening. The consequences of this for Asia are obvious: with a stronger yen and a weak yuan, Japanese corporations will be “hurt” when exported. Their products will become more expensive for foreign buyers. Japanese transnational corporations will be “bo-bo” even when their foreign earnings are transferred back to the yen. And this is a double problem for the Japanese stock market.

* * *


It is difficult to judge whether there was a “conspiracy” in reality, or whether we are dealing with assumptions, and even conspiracy. Probably, after April 16 something may become clear.

In any case, the fall of the US currency on 30% (which Rickards suggests) will certainly not go unnoticed. And it is unlikely that the Japanese would like this “inflexible” change in course, which already has a hard time due to political friction and competition with China. The Chinese who live on exports, like the Japanese, also hardly need a strong weakening of the dollar. This is the weakening of one’s own currency; not so long ago, the Chinese government showed that it was ready for it.

Will the leading states of the world do their best in 2016 for the sake of US interests? Is the world unipolar - or is it still multipolar?

Observed and commented on Oleg Chuvakin
- especially for topwar.ru
50 comments
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  1. ImPerts
    ImPerts April 4 2016 06: 17
    +12
    Rumors ... here and there ...
    Let's see what and how. Time will tell. They bury the dollar for many years)))
    Something will happen, but not earlier than 2018, when the president changes. And then, a lot depends on the actions of the new president. The old US loan scheme for the whole world is very convenient for the ruling class of America.
    1. Bayonet
      Bayonet April 4 2016 06: 19
      +12
      Quote: ImPerts
      Let's see what and how. Time will tell. They bury the dollar for many years)))

      However, the wake dragged on ... smile
      1. ImPerts
        ImPerts April 4 2016 06: 23
        +5
        winked
        No one helps smile
        Everyone is afraid to be buried by the ruins of a collapsed colossus bully
        1. cap
          cap April 4 2016 06: 48
          +10
          Quote: ImPerts
          winked
          No one helps smile
          Everyone is afraid to be buried by the ruins of a collapsed colossus bully


          The main colossus is not particularly worried.
          The whole world is put on a barrel of gunpowder, and smiles.
          "Execution cannot be pardoned."
          Where history will put a comma. The main intrigue of the present century.
          1. Furious bambr
            Furious bambr April 4 2016 09: 31
            +3
            The whole world is put on a barrel of gunpowder, and smiling
            And he waits for it to explode in order to once again cut the dough in an easy way
        2. WKS
          WKS April 4 2016 09: 07
          +1
          Debris can really seriously crush all owners of green spaces, with the exception of those who owe green to someone.
        3. Evgeny RS
          Evgeny RS April 4 2016 12: 41
          +4
          Our liberal government has recently invested in am. debt obligations half of the budget of the Russian Federation.
          And you say - "nobody helps". Our liberals will take the skin off the people, but the US will help.
      2. atalef
        atalef April 4 2016 06: 46
        +1
        Quote: Bayonet
        Quote: ImPerts
        Let's see what and how. Time will tell. They bury the dollar for many years)))

        However, the wake dragged on ... smile

        We walked at the wake - they broke 2 button accordions.
      3. Shark Lover
        Shark Lover April 5 2016 04: 36
        0
        Yeah, I'm tired of tearing button accordions at the wake.
    2. DIMA45R
      DIMA45R April 4 2016 06: 32
      +4
      Something will happen, but not earlier than 2018, when the president changes. And then, a lot depends on the actions of the new president.

      Are you talking about the president of FIFA ???
      1. inkass_98
        inkass_98 April 4 2016 07: 03
        -2
        No, it's about the Darkest laughing elections, like that, will be.
      2. ImPerts
        ImPerts April 4 2016 07: 08
        +1
        Quote: DIMA45R
        Something will happen, but not earlier than 2018, when the president changes. And then, a lot depends on the actions of the new president.
        Are you talking about the president of FIFA ???

        Elections will be held in November 2016. Take office in January 2017. If the new president begins to actively steer and change course in 2017, then he will begin in 17, closer to the end, if he decides to look around, then in 18. No FIFA smells like anything here.
    3. Awaz
      Awaz April 4 2016 08: 25
      +4
      This is not a funeral. This is an attempt at healing. Improving the American economy. But probably still at the expense of ordinary citizens. The example of Russia in recent years is just indicative.
    4. sergeybulkin
      sergeybulkin April 4 2016 09: 00
      +1
      In any case, the fall of the American currency by 30% (which suggests Rickards) certainly will not go unnoticed.

      For Russia and the CIS, the dollar exchange rate in the United States does not affect and will not affect the life of ordinary Russian citizens. It is important for us that our traders finally stop counting their profits in dollars and euros! am
      Everywhere and everywhere double and sometimes even triple price tags dollar-euro-rubles. I don’t understand in any way where such a thirst for currency comes from now ... fool
      1. PHANTOM-AS
        PHANTOM-AS April 4 2016 09: 17
        +1
        Quote: sergeybulkin
        . I don’t understand in any way where such a thirst for currency comes from now ...

        they feel that they are going to smell fried and dump, and where their property and families are not in use.
      2. kit_bellew
        kit_bellew April 4 2016 11: 27
        +3
        Quote: sergeybulkin
        It is important for us that our traders finally stop counting their profits in dollars and euros!

        This is certainly true. However, our trouble lies in the fact that Russia, in accordance with the current constitution and laws on the Central Bank of the Russian Federation, adopted under Yeltsin, can not take profits in nothing but dollars. Even if you really want to.
        Who cares, google stop . The most interesting thing about this crocheting is that the possibilities for amending them or even repealing them in the legislative acts are practically unrealizable. Therefore, our economy today works like this: how many shit ... excuse me, we will manage to steal goods on the foreign market for dollars, so many rubles at the current rate are thrown by the Central Bank into the domestic economy of Russia. am That is, the country's budget directly depends on whether they allow us to sell something abroad or not. Otaka x ... nya, little ones.
      3. gladcu2
        gladcu2 April 4 2016 17: 04
        0
        sergeybulkin

        They will not stop counting in dollars. Because the Russian Federation has taken its place in the system of integration of countries.

        It’s even worse to get out of integration, the way the Central Bank is nationalized.
        1. Zoldat_A
          Zoldat_A April 4 2016 22: 49
          +2
          Quote: gladcu2
          They will not stop counting in dollars. Because the Russian Federation has taken its place in the system of integration of countries.

          Because the Central Bank has finally become a branch of the Fed, and the Kudrintsy and Gaidarites have seized like ticks in Russia. Only to tear the root ....
  2. Igor39
    Igor39 April 4 2016 06: 20
    +1
    Yes, they devalue directly, if only rumors were heard about it, gold prices would rise sharply, and now they are slightly decreasing. Although everything may be, weakening the dollar is beneficial only to the SGA, it is unlikely that they will take into account the interests of others, wait and see.
    1. atalef
      atalef April 4 2016 06: 49
      +3
      Quote: Igor39
      Yes, they devalue directly, if only rumors were heard about it, gold prices would rise sharply, and now they are slightly reduced. Although everything may be, weakening the dollar is beneficial only to the SGA

      The weakening (although of course it is ridiculous to call it weakening - at the levels of correction and no more) - is connected with that. that the head of the central bank did not raise the discount rate.

      Quote: Igor39
      they are unlikely to reckon with the interests of others, wait and see.

      Of course - dollar American currency - they don't give a damn about others.
  3. shimus
    shimus April 4 2016 06: 24
    +3
    Give 50 cents for 1 dollar !!!
    1. gunn
      gunn April 4 2016 06: 48
      +5
      By the way, a high ruble exchange rate will be an extremely negative phenomenon for us, we will not be able to sell anything, and everything will be littered with import from us
      1. Tatar 174
        Tatar 174 April 4 2016 07: 12
        +3
        Quote: gunn
        By the way, a high ruble exchange rate will be extremely negative for us, we can’t sell anything

        And gas with oil too? How will this affect the trade in Russian weapons? What about Russian wheat?
        1. vkfriendly
          vkfriendly April 4 2016 08: 04
          0
          And whoever buys wheat or a tank from you at such a price, its cost will be higher than in states, for example, since it cost rubles to harvest it, which costs more than a buck, as you say, 50 kopecks for $ 1
      2. afdjhbn67
        afdjhbn67 April 4 2016 07: 47
        +4
        Quote: gunn
        and everything will be littered with import

        Well, yes, then we only work for export fellow
        But import is not needed at all - everything is yours, import substitution again wink
      3. PHANTOM-AS
        PHANTOM-AS April 4 2016 09: 36
        +4
        Quote: gunn
        a high ruble exchange rate will be an extremely negative phenomenon for us, we will not be able to sell anything, and everything will be littered with import from us

        These spells are constantly heard from - Assistant to the First Deputy Prime Minister of Russia Egor Gaidar. In 1993-1994-- Ulyukaev
        And characteristically, many are conducted on these nonsense currency speculators!
        Apart from currency speculators and traders of domestic resources, devaluation of the ruble did not bring anyone any benefit, since the level of localization of domestic industry and agricultural production is 25-30%.
        But for the purchase of state assets, the collapse of the ruble looks, clearly, planned.
        The devaluation hurt only the population.

        Shl. As for the mattress, inflation is scanty there, they protect their market and population from economic shocks, as well as from "export" raccoons. Not for that did they destroy the Union, turning it into a bottomless market for green paper, so that now, suddenly, something to stir up with the dollar.
      4. Zoldat_A
        Zoldat_A April 4 2016 22: 53
        +2
        Quote: gunn
        By the way, a high ruble exchange rate will be an extremely negative phenomenon for us, we will not be able to sell anything, and everything will be littered with import from us

        Strange - the USA for some reason does not suffer from this ... They sell dollars and live well for themselves .... I understand that the world will not want to live in rubles the way it now lives in dollars. And if in dollars it will not be possible to buy either a cube of gas or a liter of oil in Russia? Then Merkel first in line for rubles will get up ...
    2. atalef
      atalef April 4 2016 06: 49
      +8
      Quote: shimus
      Give 50 cents for 1 dollar !!!

      I give. nor take laughing
    3. gunn
      gunn April 4 2016 06: 53
      -1
      http://finobzor.ru/show-9842-novye-rossiyskie-kombayny-rsm-161-torum-otpravlyayu

      tsya-v-germaniyu.html
      we do not need a high ruble exchange rate, everything will be littered with imports, and we ourselves will not be able to sell anything, and at a low rate, what happens is by reference
      1. PHANTOM-AS
        PHANTOM-AS April 4 2016 14: 13
        +3
        Quote: gunn
        we do not need a high ruble exchange rate, everything will be littered with imports, and we ourselves will not be able to sell anything,

        enough nonsense to write, the state has enough tools to regulate imports.
        Why justify the failure of the government and the Central Bank?
        Do you think that a wonderful course is 500 pieces of wood for a raccoon? fool
  4. pts-m
    pts-m April 4 2016 06: 36
    +2
    Dollar dollar, and many dealers and states warm hands robust. So there is doubt that the dollar will weaken. We ourselves feed the "green paper" by buying it up, while talking about our own currency in a contemptuous tone.
    1. atalef
      atalef April 4 2016 06: 53
      +4
      Quote: PTS-m
      So there is doubt, the dollar will weaken.

      And what about the dollar? This is an interesting question? You would have to worry that the ruble would grow. maybe when the dollar goes down and the ruble remains unchanged - in general, there will be no changes - unless the competitiveness of American goods grows.
      Although we will be honest - there are no prerequisites for this. Amer’s economy is in disrepair, problems in China and developing countries - give a great influx of investment in Amerov’s economy - talk of easing - OBS. and there can be no talk of devaluation in general.
  5. rotmistr60
    rotmistr60 April 4 2016 06: 58
    +1
    Will the leading states of the world take advantage of the interests of the United States in 2016?

    If this is really true, then something tells you what to give up. And the United States, as usual, will be in white and laugh at the rest of the world.
  6. samarin1969
    samarin1969 April 4 2016 07: 01
    +1
    Synchronous currency devaluation ..... In the world of finance - as at the CPSU congress: General Secretary Jelle, deputy from the Moscow branch - Elvira Sakhibzadovna, "deviator" Xi from the Celestial Empire.
    That's where the real politics are, everything else for the electorate and journalists.
  7. shimus
    shimus April 4 2016 07: 15
    +1
    Quote: gunn
    By the way, a high ruble exchange rate will be an extremely negative phenomenon for us, we will not be able to sell anything, and everything will be littered with import from us

    What kind of import ??? For this there are US SANCTIONS !!!
  8. fa2998
    fa2998 April 4 2016 07: 19
    +2
    Quote: atalef
    And what about the dollar? This is an interesting question? You would have to worry that the ruble would grow.

    The Russian Central Bank has retaliatory measures, more than once used — once again devalue the ruble — and the exchange rate will be the same, or even 120 rubles. $ laughing request hi
  9. VP
    VP April 4 2016 07: 25
    +5
    An unknown publication, a columnist who made his name on the release of two books on conspiracy theory, "secret meetings" about the fact of which, as well as the content of the protocol of the final decision, any journalist of the third-rate press can know ...
    Maybe you don’t need to retype everything in a row?
    How can one imagine the process of coordinated devaluation of the dollar?
    And what the hell did this give up to the Chinese?
    There is no answer to these elementary questions.
    There are a hell of a lot more real problems in the world economy to pick out the goats from under the nose with "secret meetings"
  10. Ayujak
    Ayujak April 4 2016 07: 30
    +2
    bully
    conceived to "Shanghai" the dollar.
    Bugagaga ... laughing elegantly said. But seriously, you need to urgently merge your lamas in overshoes. I have hidden there for a rainy day ... Where is the world going ?! bully
  11. Pvi1206
    Pvi1206 April 4 2016 08: 45
    0
    The main problem with the world currency that the dollar is doing is that it is also the national currency of the United States.
    What gives the United States a financial advantage and the ability to exert economic pressure on other countries. What are they actively using.
    This situation is currently not satisfied with many countries.
    How this problem will be solved is not yet clear. But for the interests of the development of the global economy, it should be resolved in the near future.
    1. Nyrobsky
      Nyrobsky April 4 2016 11: 17
      +1
      Quote: AYUJAK
      But seriously, you need to urgently merge your lamas in overshoes. I have hidden there for a rainy day ... Where is the world going ?!

      Probably the world is heading towards the gold standard. While mattresses are playing to lower the price of gold, trying to convince the world that the only value is the dollar, many countries are actively buying up this despicable metal and are trying to return it to their control from American vaults.
      In any case, in the financial world, something global is coming. I don’t remember who said it, but if it’s close to the text, it sounded like this: - "The dollar will rise to a height comparable to Fujiyama, but after that it will collapse so that a person will be too lazy to bend down to pick it up from the ground."
      Wait and see, we still buy bread for rubles)))
  12. Leeder
    Leeder April 4 2016 10: 27
    +1
    Quote: shimus
    Give 50 cents for 1 dollar !!!

    Yes?
    And will we sell oil for 15 rubles? Or how much does it cost there now?
    Elections will be held in November 2016. Take office in January 2017. If the new president begins to actively steer and change course in 2017, then he will begin in 17, closer to the end, if he decides to look around, then in 18. No FIFA smells like anything here.

    It will not start, everything is tied to them in the elections, which means that the movements will begin by the end of the term. In order to show the voters not the results, but the movement to success.
    I do not believe that the next darkest will actively improve the economy. The time of such politicians in the West is long gone. Now the practice is to promise more, and by the next elections, to promise something new, successfully "forgetting" what was promised earlier.
  13. DimerVladimer
    DimerVladimer April 4 2016 10: 29
    +3
    Half of the people here do not understand what is at stake:
    a weakening dollar is GOOD for the US economy.
    Then American goods will be cheap in relation to other currencies - accordingly, this is good for the US economy.
    In general, the article is fake - the Chinese would not agree to a weakening dollar - this will reduce the competitiveness of their goods, respectively, they will have to devalue the yuan - and this in turn will cause an outflow of investment from the Chinese economy.
    1. VP
      VP April 4 2016 10: 54
      0
      Quote: DimerVladimer
      a weakening dollar is good for the US economy

      There is a complex complex. It is not “definitely good” or “definitely bad”, in fact.
      For example, a rising dollar stimulates other economies to withdraw money into American securities by lending to the American economy to the detriment of their own. Another question is that the system is wrong and crediting in fact goes more into the inflated paper.
      And at the same time, yes, it reduces the competitiveness of state products in foreign markets, which is affecting the economy.
      According to the estimates of American economists themselves, the optimal buck index has always been at the level of 80-85. Now it is about 95. This is very much. Bucks are too expensive for optimum. Therefore, the cons greatly outweigh the pros.
  14. rubidiy
    rubidiy April 4 2016 15: 47
    0
    bullshit... laughing "Christine Lagarde is the mighty of this world, the decision maker" I especially liked. good
  15. Bayun
    Bayun April 4 2016 16: 24
    0
    "People's" omen. If a stable monetary unit changes the COLOR of bills, it should be understood that it is not worth keeping savings in these bills any longer. The dollar has ALREADY been "painted". Let's see if that was a hint;)
  16. cedar
    cedar April 4 2016 18: 30
    +1
    Quote: Pvi1206
    The main problem of the world currency that the dollar is doing is that It is also the national currency of the United States.


    One essential refinement ...
    The dollar is not an American currency.
    The dollar is the currency of the Federal Reserve System, which has the same relation to the United States as any American base to its country of origin.
    The Fed prints the dollars, not the state, but the PRIVATE banking organization, the cartel.
    Which is primarily interested in marketing its products - the dollar, which for this must be in price, i.e. relatively expensive, as the world currency, which is beneficial to its owners and not beneficial to the US economy, the home country of the Fed.
    The US state takes dollars from the Fed private traders. Today, state debt has reached $ 19. And that's not counting the debts of hundreds of trillions of dollars attributable to homeowners and US companies!
    Bankers, if they give it, it is only on bail and only in order to take ..!
    What the state can lay, only itself.
    Look at the dollar, the press clearly says “United States ... Federal Reserve” America omitted ...
    Today, only 3% of this greenery serves the real world economy, the remaining 97% revolve in a parallel world of fraud and lies.
    The dollar has ceased to serve the cause of a fair exchange. The Fed turned its brainchild into a means of exchange and not deception, and the first victims of this deception were the people of the United States, long laid down and reloaded with giblets.
    We will not be likened to unhappy believers in their freedom. We will see at the root.
    1. Blackmokona
      Blackmokona April 4 2016 18: 44
      0
      Only the Fed leadership is appointed by the US president, who can dismiss this leadership.
  17. kirgudu
    kirgudu April 4 2016 19: 55
    0
    As usual, top secret information.
  18. koroed
    koroed April 4 2016 20: 44
    0
    As soon as the turning point in the movement of currencies on the exchange becomes close, various hysterical articles appear that increase panic when the dollar grew, especially at the end of the trend, everyone was hysterically waiting for oil at $ 6 and a dollar at 100 rubles, now that the dollar is hooked, they write about a conspiracy, probably, if I’m right, soon a turning point, now psychos will throw off the buck at a loss, and somewhere around 62-65 dollars will unfold
  19. victorTT
    victorTT April 5 2016 15: 18
    0
    store money in gold it will grow at times
  20. vbasko
    vbasko April 6 2016 04: 01
    0
    = victorTT = buying gold, you must always think in advance how to sell it. When you need money, gold jewelry, most likely, will have to be handed over to a pawnshop, having received for them perhaps only half the cost, maybe a little more. And therefore, before giving the last one for a pair of gold earrings, in the hope of saving in this way the savings from inflation, you need to think a hundred times.

    You can of course bullion. For safer storage, banks offer customers the services of safekeeping ingots in a bank vault or in an individual safe rented from a bank. This also costs money.

    Dragging bullion into a house may not be able to withstand the ceiling .... and the examination itself will be quite laborious and expensive.

    The most profitable is scrap, buying scrap at a residual price per gram .. however, not everyone can buy gypsy gold, and it’s not gold ...

    In case of emergency circumstances, the banks will immediately cease their activities - you will have to bury the egg-pot with the ginger!
    And the securities will remain in a closed bank, there is no way to pick up from there .....

    Or are there other, generally win-win metal game options?