2020 Collapse

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

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Same logic as for Ukraine. I'm not that familiar with European history but I remembered that the USSR invaded Poland. If the US don't get involved, France and the UK won't as well. Which means Germany has to deal with Russia alone.
     
  2. Jason1

    Jason1 Well-Known Member

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    The worst thing the western allies did after ww2 was not turning on the Russians, they helped allot to get rid of the nazi’s sure but they got away with too much right in front of the western allies only weeks after the war with no push back from the other ally nations, which should have dealt with them there and then, but the world has been paying for that inaction ever since.
     
    Last edited: Apr 18, 2021
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    My opinion is that the West should have never got rid of the USSR. The USSR is needed to balance power. We're now worst off than before the USSR ended.

    At least it was a stalemate and cold war then. Now, there is going to be many new mini-powers arising, and the world is going to be even more chaotic than the post war period. The US will have to withdraw from Europe to focus on it's own backyard - the Pacific.
     
  4. TreasureHunter

    TreasureHunter Well-Known Member

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    Poland has has countless battles and wars with Russia throughout history.
    Sadly in WW II Poland was crushed between Nazi Germany and the Soviets.

    Poland is probably more afraid of Russia than any other country in Europe.

    Also, Poland is a very old European state, while the Ukraine is rather new, appeared in the 20th century. Throughout history it was together with Russia (usually formed one state). In fact, Ukraine's capital, Kiev was sort-of the "birthplace of Russia" ("the Kyivan Rus" was an ancient state, basically the birthplace of the Russian state):
    https://en.wikipedia.org/wiki/Kievan_Rus'

    There is a lot in common between Russia and the Ukraine. Perhaps more than between Ireland and the UK.

    I simply don't think that Russia would be interested in more than the former Soviet states. NATO is very powerful.

    We are not in the Middle Ages, so it's very hard to imagine that one state would simply "conquer" the other one. Nowadays, even if that could happen, it might not work on the longer term. I just don't believe that.

    However, I can imagine Russia slicing more pieces down from the Ukraine. But a total invasion could be madness, let alone a terrible tragedy for both countries.

    Let us hope that these are just political games and that it will not lead to any conflict.
     
  5. TreasureHunter

    TreasureHunter Well-Known Member

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    Are you serious?

    The USSR was an oppressive communist conglomerate, where multiple non-related nations were oppressed under the Russian boot. It was a totalitarian dictatorship.
    Lithuania, Armenia, Estonia are just some of the tiny countries that weep even today, taking account of what they went through.

    Another thing I find weird in your formulation: "should have never got rid of the USSR" - it was in fact the USSR that imploded and fell into pieces. Perhaps there was some influence from outside, but it fell apart politically and economically...

    It was not taken apart by the Western powers.
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I'm serious. But there are many regimes even more oppressive than the USSR today. The end of the USSR didn't stop oppression.

    At the moment, they are political games, but the strategic changes are real. The US withdrawal from Syria, Iraq and the total withdraw from Afghanistan is real. It's happening in stages and under Biden will continue. It is likely that the US will also pare down forces in Europe. The Deep State is making the changes, it's not just Trump's idea.

    Trump was just the "bait" and they took the bait and focused just on Trump while it's actually the Deep State that's behind everything.
     
    Last edited: Apr 18, 2021
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    It surprised me a lot how sudden their decision was to withdraw from Afghanistan. Some say they're leaving a terrorist nest in the backyard of China.

    Why they are doing it now I'm unsure, but most probably they are going to send troops closer to China, Russia... Something serious is behind this, because it came so suddenly.
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It's not surprising, they went into Afghanistan to dig out Osama bin laden, now they got him - it turned out he was hiding in Pakistan, so there isn't any more reason to continue staying. The Taliban know that the West isn't interested in staying so they don't bother them any more, they reached a sort of deal. You don't bother me, I won't bother you. Besides, there are greater enemies now. The enemy of my main enemy is an ally. :D

    These people change sides all the time. First, they worked with the Americans in the 80s. And then Sept 11 happened. Did the Taliban leadership condone what OBL did? I doubt so, these people are so smart, they won't do such a useless thing.

    In a way, the Taliban are very smart so winning them isn't easy.
     
    Last edited: Apr 19, 2021
  9. TreasureHunter

    TreasureHunter Well-Known Member

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    I am more concerned nowadays about inflation.

    Some economists believe that the connection between recovery - the velocity of money will induce inflation.

    Demand for a variety or products and services will increase and GDPs will probably over-grow, which will could mean "overheating" of the economy.
     
  10. TreasureHunter

    TreasureHunter Well-Known Member

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    Collapse - can be a gradual erosion leading to extreme poverty.
    Detroit, Los Angeles, Rome, Paris, Brussels, Barcelona all have it more or less.

    Now here's one about Philadelphia:
     
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I only see inflation in e-coins. :D
     
  12. lurking

    lurking Member

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    I'm more concerned about prolonged deflation, velocity stuck under one, and what happens to sovereign debts if the expected inflation never shows.
     
  13. alor

    alor Well-Known Member Silver Stacker

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    there is no quick way to go out spent your cash, how fast can few hundred million be spent, a nano second ?
    so long as all the limits are removed
    buy a few Nyan Cats lol

    [​IMG]
     
  14. Mill3d

    Mill3d Active Member

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    Non fungible cats
     
  15. TreasureHunter

    TreasureHunter Well-Known Member

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    Until people spend their stimulus money and until businesses are happy to take US dollars and until states/people/companies keep stacking dollars in bank accounts... it will stay alive.

    It's a bit like Bitcoin. People believe and use it and it stays afloat.
     
  16. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I don't know about you, if there's a need to take the vaccine, I only believe in pfizer and moderna.
     
  17. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    America's economy is in free fall and many cities might become total ghettos eventually.
    We havent come close to the bottom yet here and the dismal numbers are continuing every week for the last year now.
     
  18. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The Democrats want to defund the police, close down prisons and detention facilities. ghettos all over the place.

    You won't find ghettos here because no one is allowed to place anything on the floor in the public, hell, you're not even allowed to sleep on a public park bench over night. Anyone doing so and when someone sees it and complains, the police will come. Sleeping in your own car over nite in a public road or carpark is also not allowed.
     
  19. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    https://www.sbs.com.au/news/federal...roversial-belt-and-road-agreements-with-china

    :cool:

    Federal government rips up Victoria's controversial Belt and Road agreements with China
    The federal government has stepped in and torn up four agreements made by the Victorian government with foreign powers, including two linked to China's Belt and Road initiative.

    In a statement on Wednesday evening, Foreign Minister Marise Payne said the contentious memorandum of understanding and framework agreement Victoria signed with China in relation to the initiative had been cancelled under new Commonwealth veto laws.

    2021-04-21.png
     
    Millennial Engineer likes this.
  20. lurking

    lurking Member

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    Wonderful. More political shit to clog the high court.
     

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