2020 Collapse

mmm....shiney! said:
That lacks credibility, Kim Iversen's opening comments just recycle the fallacy that the WEF is intent upon redistributing wealth to the "elites" whoever they may be with her comment "You will own nothing". Sounds like another far-right mouthpiece to me talking absolute rubbish.

Show me where Klaus Schwab said that a policy of the WEF is to ensure that people will own nothing and be happy. Show me where it is in their agenda or policy statements because the only time I see it mentioned as WEF policy is by far-right media groups/news sources. I need to see the primary sources otherwise it's simply a conspiracy theory despite Kim Iveresen's unproven claims that it's not.
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"You will own nothing" is Klaus Schwab and WEF's stated aims, Kim Iverson was just repeating them ;)
It has been their Mission Statement for quite some time now, it's only new for those who haven't been paying attention :rolleyes:
WEF Young Global Leaders 04.png

Source : Forbes
 
^ that is not WEF policy, it's not WEF agenda, it's not in the WEF Mission statement. It's from a blog written by the author speculating about a possible future scenario based upon what she terms the Circular Economy, which is just a fancy term for sharing resources and capital goods when they're idle eg Uber, Car Next Door etc.

I've provided the following primary sources in the links below to the WEF's Agenda, Mission Statement and Platform.

https://www.weforum.org/agenda/archive?page=2

https://www.weforum.org/about/world-economic-forum

https://www.weforum.org/platforms/shaping-the-future-of-consumption

Now if someone would care to read the publications in those links and show where the WEF states its intended goal to be "owning nothing and being happy" then I'm sure there'd be a few of us who would be grateful.
 
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Selling my oil stocks next few weeks.

Been a good ride will double my cash.

Oil might goto $150 (if Ukraine defenders/liberaters Sabatoge the pipes) $80 if a truce is called.

Plenty of great Lithium/REE/Nickel stock to buy at firesale prices with the cash too

Thank you Putin

PS: EU still deparate for Russian Oil, hence only sanction is on a pipeline not even commisioned lol. Four others flowing like nothing is occurring.

IF EU/USA was serious about Ukraine, their would be 200,000 Nato troops in Ukraine but alas, all it is is just lips service.

Plus if EU was really serious it would have stop the 4 operational Russian pipeline immediately, even if EU will have 6 months rolling power outages.

The only wildcard remaining is what if Ukrainian Defenders or the Liberaters (you decide who are the Liberaters or Defenders, it makes no difference to economics) sabotage one or more operational pipelines becuase they are not getting what they want!
 
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'Ukrainian milirary had fallen'
Earlier on Thursday, Russian President Vladimir Putin announced that he had authorized a “special military operation” in Ukraine. He said the goal of the action was to “demilitarize” and “de-Nazify” Russia’s neighbor, claiming that it was the best option to protect the breakaway Donetsk and Lugansk People’s Republics and Russia.
 
Gold is at 1,971 $, going to hit 2,000 $ soon, I think.
Cryptos are collapsing, markets going down.
Fiat currencies are going to have interesting exchange rates. Again, I think the CHF has chances to become a "safe haven currency". I think the Euro will suffer most.

What would you put your money in, if you had 50% surplus every month?

Would you buy the expensive gold (which might take a dip, if the conflict ends)?

Would you buy foreign currencies, food... ?
 
want 100% double look at PLS in 12 months
want 80% tripple LTR
want 70% quad INR
want 60% 5x FFX and AVZ (if in Aus it would be 80%)
want 60% 7x SYA PLL
want 50% 10x AZL
YOLO 50x EVR RLC QXR
 
Very shrewd move. There's a good possibility that oil will crash back below $80, possibly even $50 by June. :D

Ipv6Ready said:
Selling my oil stocks next few weeks.

Been a good ride will double my cash.

Oil might goto $150 (if Ukraine defenders/liberaters Sabatoge the pipes) $80 if a truce is called.

Plenty of great Lithium/REE/Nickel stock to buy at firesale prices with the cash too

Thank you Putin

PS: EU still deparate for Russian Oil, hence only sanction is on a pipeline not even commisioned lol. Four others flowing like nothing is occurring.

IF EU/USA was serious about Ukraine, their would be 200,000 Nato tropps in Ukraine but alas, all it is is just lips service.

Plus if EU was really serious it would have stop the 4 operational Russian pipeline immediately, even if EU will have 6 months rolling power outages.

The only wildcard remaining if Ukrainian Defenders or Liberaters sabotage the any of the pipes becuase they are not getting what they want!
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TreasureHunter said:
Now translate to us what that means :)
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Want "near" guarantee double your money buy ASX stock PLS with in 12 month

So in context for each line
"60%" for a chance to "5 times" your money in few years buy asx stock AVZ or FFX (soveriegn risk Africa - always a chance for civil war)
YOLO you only live once chance for 50x

Outlook
Ukraine will be yestersday news in few weeks, unless WW3 starts and nukes are dropped in EU
Lithium is in short supply, higher oil will make EV more price competitive
Lithium is oil replacement
World sells 70 millions ICE cars a year, EV yearly sales are 5million at the moment.
Even in a global recession "next few years" EV will sell 10m plus and conversely replacing millions of ICE cars.
Lithium will ony be available to OEMs who have bought long term contracts by the end of the 2022, some OEM be it Tesla, GM, Ford VW etc will announce they will halt or slow production as there is no lithium batteries material they can buy, much like Car companies halting production due to CHIP shortages. Pushing lithium prices even higher

"Lithium Shortage" is not like world gold council stating "x,000,000 ounce short EVERY year for the past 20 years" no industrial user ever shut or slowed production becuase they couldnt get gold.

Note: It is a sad day for ordinary Ukrainians and Russians but it makes little difference to me or the world in large in few months, even if war and death goes on for decades sadly. Think back to Iraq or Afganistan, once death is normal, it doesnt even make it on the front page
 
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https://www.euractiv.com/section/po...d-has-little-to-offer-says-german-army-chief/

German army is ‘bare’ and has little to offer, says German army chief

Amid the Russian invasion of Ukraine, the options the German Bundeswehr could offer were extremely limited, the army chief warned.

The German army has long been neglected in Berlin politics. The country scrapped conscription in 2011, and the post of defence minister was widely considered a dead-end for political careers, leaving the army with limited options.

“The Bundeswehr, the army I am allowed to lead, is more or less bare. The options we can offer the politicians to support the [NATO] alliance are extremely limited,” said Alfons Mais, the 21st Inspector of the Army and commander of the troops, on LinkedIn.

His comments follow a long line of complaints from the army about the budget cuts and lack of support.

“The Bundeswehr has been cut to the bone for far too long. This must not be at the expense of the security of our soldiers abroad,” said then German Foreign Minister Heiko Maas in 2019.

Nonetheless, Berlin has yet to commit itself to the 2% of GDP defence spending targets of NATO.

--

I'm old enough to remember when Trump pointed out the above and the usual pundits were off their heads screeching and accusing him of warmongering and unjustifiably casting doubt on Germany's military capabilities.
 
jultorsk said:
https://www.euractiv.com/section/po...d-has-little-to-offer-says-german-army-chief/

German army is ‘bare’ and has little to offer, says German army chief

Amid the Russian invasion of Ukraine, the options the German Bundeswehr could offer were extremely limited, the army chief warned.

The German army has long been neglected in Berlin politics. The country scrapped conscription in 2011, and the post of defence minister was widely considered a dead-end for political careers, leaving the army with limited options.

“The Bundeswehr, the army I am allowed to lead, is more or less bare. The options we can offer the politicians to support the [NATO] alliance are extremely limited,” said Alfons Mais, the 21st Inspector of the Army and commander of the troops, on LinkedIn.

His comments follow a long line of complaints from the army about the budget cuts and lack of support.

“The Bundeswehr has been cut to the bone for far too long. This must not be at the expense of the security of our soldiers abroad,” said then German Foreign Minister Heiko Maas in 2019.

Nonetheless, Berlin has yet to commit itself to the 2% of GDP defence spending targets of NATO.

--

I'm old enough to remember when Trump pointed out the above and the usual pundits were off their heads screeching and accusing him of warmongering and unjustifiably casting doubt on Germany's military capabilities.
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Something Russian knew about EU countries defences forces.
As for American... did nothing when Russians had.....

10,000 light infantry near the border
30,000 infantry and light armour, no reponse
70,0000 infantry, light armour and expeditionary forces ... nada
100,000 infantry, light armour, expeditionary and heavy tank .... just questions
150,000 infantry, light armour, expeditionary, heavy tank and air superiority/defence assets and US sends 3,000 troops to be on standby on the EU side of the Ukraine border
170,000 infantry, light armour, expeditionary, heavy tank, air superiority/defence assets and mobile strategic millsile assets.... US, EU and bit players have a press conference festival
Russian forces waltz right in

Had EU. US and Western Allies want to do something they could have sent in motley crew of 20,000 multinational troops early on, when Russian had 70,000 troop or less near the Ukraine Border and Russian could have hesitated or even backed off, as it could start WWW3

Than just force Ukraine to Cede the disputed territory. Western Allies are good at parceling out third countries and have great experience doing it
 
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Ipv6Ready said:
Had EU. US and Western Allies want to do something they could have sent in motley crew of 20,000 multinational troops early on, when Russian had 70,000 troop or less near the Ukraine Border and Russian could have hesitated or even backed off, as it could start WWW3

Than just force Ukraine to Cede the disputed territory. Western Allies are good at parceling out third countries and have great experience doing it
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Well it's no wonder, with Germany so hooked on Russian energy. BoJo is driving for Russia to be excluded from SWIFT, the EU is backing out because they still stupidly think their creditors could get some money out of Russia.

https://www.reuters.com/business/fi...say-2022-02-24/?taid=621790933cade000010071f9

WASHINGTON/BRUSSELS, Feb 24 (Reuters) - The United States and the European Union have opted not to cut Russia off from the SWIFT global interbank payments system as part of their sanctions against Moscow for invading Ukraine, but could revisit that issue, U.S. President Joe Biden said on Thursday.

Asked why that step was not taken, Biden told reporters the sanctions imposed against Russian banks exceeded the impact of cutting Russia off from SWIFT, and other countries had failed to agree on taking the additional step at this point.

--
The foreign ministers of the Baltic states, once ruled from Moscow but now members of NATO and the EU, called on Thursday to stop Russia's access to SWIFT.

Other EU member states are reluctant to make such a move because, while it would hit Russian banks hard, it would make it tough for European creditors to get their money back and Russia has in any case been building up an alternative payment system.

"Urgency and consensus is utmost priority at the moment," said an EU diplomat, adding that at this stage it meant no move on SWIFT, because doing so would have such wide-ranging consequences, also in Europe.

Another EU diplomat said: "I am not aware of an agreement (on SWIFT sanctions) at this point."

Data from the Bank of International Settlements (BIS) shows that European lenders hold the lion's share of the nearly $30 billion in foreign banks' exposure to Russia.
 
This basically tells China, once TSMC builds out FABs in USA and Taiwan is not central to chip manufacturing, China can invade Taiwan

Taiwan without FABS what does it produce USA needs... ZIP
 
Ipv6Ready said:
This basically tells China, once TSMC builds out FABs in USA and Taiwan is not central to chip manufacturing, China can invade Taiwan

Taiwan without FABS what does it produce USA needs... ZIP
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to China, the importante rank Taiwan way at the bottom
although Taiwan is very important to US and Japan due to the chips productions, it is not so for China
when the plants are move to the US and elsewhere, Taiwan's importante in the eyes of China, sorry brother it is still at the bottom
that is the consistancy of Taiwan in the eyes of China
 
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