- Joined
- Feb 6, 2019
- Messages
- 3,658
- Reaction score
- 2,845
Tea crumpets and inflationView attachment 65274
I don't think I'm aiming to really get at anything. Just gonna post in a single thread about anything I see of financial interest.Every country deals with inflation. Each has its own story, Venezuela and Iran then China and US or Russia.
Not sure what you are getting at, value of UK currency or just inflation in general?
I don't think I'm aiming to really get at anything. Just gonna post in a single thread about anything I see of financial interest.
But if u look at what's been going on. There is money trouble stacking up across the globe.
Archagos.. 20 billion liquidated.. That was April I believe. Or just prior. Now Evergrande in similar shoes across the pond. Italy had a Huge fund or bank go down this year as well.
2008 all over again. But Not central to a single continent. Hyper inflation is likely just a few years away or closer.
Of you read some of this article it shows a nice time line of how and when the Lehman brothers incident spread across nations affecting other markets pretty hard.
Sure every country has inflation or financial issue. But when every country affects the other. And every one is in that same Bubble thats. About to pop. It'll be like 2008 on steroids. Domino effect to banking institutions
https://en.m.wikipedia.org/wiki/Financial_crisis_of_2007–2008
Eh. I guess if I had to answer I'd say iso. We have the un to collude with other countries so that the isolated can worry about themselves and the un can come together and concentrate on world issues as a whole. Global government itself is a worry for me. I don't like the idea of not being able to leave a country for greener pastures. And if globalization was in full effect. Which seems in line with agenda 21. Then everywhere will. Be the same. Just a different backdrop.so… are you pro isolationism or pro globalization?
Its insane that we ever got in bed with China (or anyone like them) They steal our intellectual property, cook their books and smile when we open manufacturing in their Country so they can steal us blind some more. Coupling with them will go down in history as catastrophic. Meanwhile we print more money and give it away and leave 80 billion in weapons in the Middle East. What could go wrong? Its a global meltdown and preparing for the crash is almost impossible.so… are you pro isolationism or pro globalization?
Bubbles everywhere
Japan too
https://www.bloomberg.com/news/arti...highest-close-since-1990-as-japan-stocks-rise
Yea. It's wild. If you watch Wallstreet conspiracy documentary. They explain about iceland doing well until American bankers showed up to teach em above leverage and making big bucks. In 2008 the top 3 banks all Defaulted. At least they jailed bankers tho.It feels like there is no single market that is not artificially manipulated any more.
Don't think they have much choice. We have a protection pact or treaty since after we nuked them. Some years back I was worried cause China and the japs had a dispute over some worthless islands between the 2. Both claimed the territory. If China declared war. We'd have to back the japs. And Russia would back China. Shit would get spicy over nothing..this might sound stupid to some of u, but I hope like hell Japan is w/ us if we ever go to war against China- sorry Stink- a little off topic- but shit it's all related and ALL about money. BTW- how's the hiney? ( I'm afraid if slow Joe keeps giving away "free" money, we won't be able to pay them little bastards- shit they own half the U.S. anyway) And last but def. not least, I def. see another 2008 coming- poss. worse- 2 things tell me this. real estate and the car business. (both are WAY overvalued @ the moment, and that won't last forever- and when they drop- man are they gonna drop- just my opinion- but I see one first hand everyday- and it is NOT GOOD.
Oh yeah. Debt is out there.I try to follow the stock market and central banks. I agree with everything your saying here.
Also, look at the the percentage of all currencies created in the last 18 months...something like 50%. And then look at the amount of debt for all countries and corporations.
USA UK and Australia have a press conference today abiut China. Either financial or covid. I'm guessing $
https://gizmodo.com/something-important-happening-at-5-00-pm-today-report-1847678435
"The Chinese government has been extremely anxious about inflation [so] they are doing this across the board. They've been releasing strategic stocks of pretty much every raw material," Energy Aspects' Sen said, as quoted by the FT.
China's Oil Sale Is A Clear Message To OPEC+ | ZeroHedge
U never answered my question- let's get to the important stuff- HOW'S THE HINEY?USA UK and Australia have a press conference today abiut China. Either financial or covid. I'm guessing $
https://gizmodo.com/something-important-happening-at-5-00-pm-today-report-1847678435
Shit my bad. I must of glossed right over that part. And thanks for asking.U never answered my question- let's get to the important stuff- HOW'S THE HINEY?