2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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  2. TreasureHunter

    TreasureHunter Well-Known Member

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    Very interesting thoughts again, from Uneducated Economist:

    Chinese Corporate Bonds Are Defaulting As The Government Starts Tightening
     
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  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    ^^Makes me feel slightly nauseous just to contemplate all that.
    --
    Meanwhile, Lagarde is firing the opening salvo of global regulation of crypto. The video is interesting to watch.

    https://www.reuters.com/article/us-...ulating-bitcoins-funny-business-idUSKBN29I1B1

    FRANKFURT (Reuters) - European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.

    “There has to be regulation. This has to be applied and agreed upon ... at a global level because if there is an escape that escape will be used,” Lagarde said.

    https://www.reuters.com/video/?videoId=OVDV1MMH7&jwsource=em
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    They are going to regulate bitcoin. The keyword is regulation so bitcoin will still survive.
     
  5. alor

    alor Well-Known Member Silver Stacker

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  6. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    Where did that happen? Singapore, Malaysia, Indonesia?
     
  7. alor

    alor Well-Known Member Silver Stacker

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    JAKARTA (AFP, REUTERS) - A powerful earthquake rocked Indonesia’s Sulawesi island early Friday (Jan 15), killing at least 34 people, levelling a hospital and severely damaging other buildings, authorities said.
     
  8. TreasureHunter

    TreasureHunter Well-Known Member

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    Because they want to have their digital currency, so they want to slap everyone else's:


    I personally don't like digital currencies and I'm not a believer, they all have a strong Orwellian feel to them.

    It was best in medieval times when you carried your coins with you :)
     
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  9. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  10. TreasureHunter

    TreasureHunter Well-Known Member

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    I suppose they will also hold Bilderberg 2021 at some point.

    Regardless, these "meetings" are blending together. One doesn't know exactly which one is which.
     
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  11. TreasureHunter

    TreasureHunter Well-Known Member

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    Venezuela to dollarize?




    If it backfires, the USA would "Venezuelize" heavily
     
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I doubt USA will venezulize unless the oligarchy loses control to the politicians. At the moment, they are still in charge.
     
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    When I said "Venezuelize", I was referring to a combination of hyperinflation and social turmoil. Some people it's just a matter of time.
     
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    ^ absolutely no chance of hyperinflation
     
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  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    One case infects 102 others. Scary. :eek:

     
  16. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The situation is bad. Less than 2 weeks left. Many people haven't been home since 2019. This is what happens when you say there are no cases. Complacency builds up. I can see complacency now.
     
  17. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    I think a lot of people are realising that it doesn't pass the sniff test. I read a great line somewhere that the pandemic won't end until the people stop participating.
     
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  18. alor

    alor Well-Known Member Silver Stacker

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    Isolation centre was built in 5 days again, 3k capacity
    the response is fast
     
  19. Timmy88

    Timmy88 Well-Known Member Silver Stacker

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    Correct and well said.
    It’s the individual who keeps pushing the lie.
    People need to seriously wake up.

    Timmy
     
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  20. alor

    alor Well-Known Member Silver Stacker

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