2020 Collapse

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

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2019
    Messages:
    3,599
    Likes Received:
    3,452
    Trophy Points:
    113
    Location:
    Colorado USA
    Two Fed presidents just caught insider trading.
    They are only forced to sell for massive gains and nothing else said about it. No arrests made, no one fired and nothing done about it.

    The laws only apply to us I guess. Until judgement day comes for America.
    "Just doing my job" wont be an excuse when they are judged by their countrymen.
     
  2. mmm....shiney!

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

    Joined:
    Nov 15, 2010
    Messages:
    18,678
    Likes Received:
    4,439
    Trophy Points:
    113
    Because the USD is a reserve asset of central banks.
     
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Central banks also hold the Yen, Euro and CHF so this isn't the only reason. The real reason is because of the pandemic and chaos sowed around the world. Supply chain and production of real goods are affected. The "real economy" is affected and the US does mostly virtual economy stuff that are less affected by the pandemic.

    In order words, the more chaos you sow, the more you will suffer eventually. :D

    One example is Taliban takeover of Afghanistan, this will lead to a rise of militant nationalism among Islamic groups throughout the region.

    The US brought peace to the world since the end of WWII. With the US withdrawing from the world stage, villains will appear and attempt to sow chaos, and the dollar, ironically, will become stronger.
     
    Last edited: Sep 11, 2021
  4. mmm....shiney!

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

    Joined:
    Nov 15, 2010
    Messages:
    18,678
    Likes Received:
    4,439
    Trophy Points:
    113
    Not anywhere near the same extent as the USD. There's a lack of quality assets in the world (largely because of the economic climate) that can be used as reserves, this has driven the demand for US debt instruments.
     
    sgbuyer likes this.
  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Sounds right. US withdrawing from the role of global police, rise of military and islamic dictatorships. The ottoman has risen, khorasan is rising. I'm watching when the samurai will be awakened. Euroasia is turning into a mess.
     
  6. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    how to exit the dollar, you borrow more of the amount you have!!!
    like certificate being changed and discharged
    they are the same systems
    just like Russian did with their dollars, the borrow against it, then spent/invest their Euro into all sorts of assets.
    the more they borrow, this create demand for more dollars
     
  7. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    they made the law for you falks, they are exempt from those law they made!
     
  8. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    the reporting, but truth come out faster than expected, as all are well connected now
    US drone strike in Kabul killed AID WORKER, not ISIS terrorist, NYT investigation shows
    https://on.rt.com/bggh
    some assets destruction there
    peace = death and destructions

     
  9. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
  10. oziwassabi

    oziwassabi Well-Known Member Silver Stacker

    Joined:
    Apr 26, 2010
    Messages:
    530
    Likes Received:
    1,042
    Trophy Points:
    93
    Location:
    over here
    Slightly off topic, but I have always found it ironic that ever since WWII the US hasn't been truly successful in any combat they have been engaged in despite their overwhelming military resources
     
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
  12. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    Pakistan helicopters firing at NA, hence Indian news bad reporting them :)
     
  13. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    ‘US misled me into joining Mujahideen, then tortured me for Al-Qaeda past’: Gitmo survivor says US ‘acted like fascists’ post-9/11 https://on.rt.com/bgfw
     
  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Taliban killing the Persian speakers so I guess Iran will also be involved.

    CIA director met Taliban 2nd man last month, Putin must be wondering what they said.
     
    Last edited: Sep 12, 2021
  15. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    ‘They are children of the same foul spirit’: George W. Bush compares 9/11 terrorists to ‘domestic extremist’ threat at home https://on.rt.com/bghw
    [​IMG]
     
  16. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    Iran on the opposite of NATO, so they will let the Afghan refugee pass their country to Europe
    Turkey (NATO member) build wall to prevent movement of fleeing Afghan
     
  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Interesting chap. He isn't trained in finance or economics, yet knows more than CNBC and Bloomberg. :D

    A debt reset of the biggest bubble in history is what Davos is planning for next. They need the deflation to be able to print even more money. Their head, George Soros just gave the go ahead.

     
    Last edited: Sep 12, 2021
    jultorsk likes this.
  18. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    IS can't wait to enter Iran. It's their number one adversary.
     
  19. jultorsk

    jultorsk Well-Known Member Silver Stacker

    Joined:
    Oct 17, 2016
    Messages:
    1,896
    Likes Received:
    3,400
    Trophy Points:
    113
    Location:
    Australia
    https://www.bloomberg.com/news/arti...-traders-are-facing-increasing-liquidity-risk

    Getting out of China Evergrande Group’s shares is becoming increasingly difficult, according to a measure of market liquidity.

    Evergrande fell as much as 8.6% in Hong Kong on Tuesday after saying it hired two financial advisers known for their expertise on debt restructuring -- a scenario where shareholders risk getting wiped out. A haircut of 75% for offshore bondholders is now a base case for some analysts.

    At least investors can still trade Evergrande’s stock, which -- unlike China Huarong Asset Management Co. -- hasn’t been suspended.
    ---
    It is rumoured Evergrande has 1.5 million unfinished properties in China, valued at around $1 Trillion.. :eek:

    Wondering what potential repercussions, if any at all, this could have on Australian property market? E.g., any Chinese developers that could need to pull liquidity back to stay solvent? Just speculating here.
     
    mmm....shiney! likes this.
  20. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    a trap would be set for IS again, this time drones and hypersonics would be used target practice on them, welcome to their new pieces
     

Share This Page