2020 Collapse

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

  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  2. alor

    alor Well-Known Member Silver Stacker

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    with the black out in China, they also refused to work on the export items, those works can wait!
    they are no longer cheap labour, so if the China bots are not taking over, those goods never exist anyway, they are not made yet, orders could be cancelled or rejected. sorry NO stock !!!
    when the people have their own perspective, too cheap and not working is their way to go, after having two lunches lol
     
  3. alor

    alor Well-Known Member Silver Stacker

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    Iron Ore down 50% past month, Natural gas is next so is Coal
    Natural gas prices drop as Putin says Russia will boost supplies to Europe
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Second most powerful navy in the world even with the WWII restrictions imposed on it.

    Imagine if restrictions are removed. :D



     
    Last edited: Oct 10, 2021
  5. Millennial Engineer

    Millennial Engineer Well-Known Member

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  6. alor

    alor Well-Known Member Silver Stacker

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    Russia is not happy with Japan PM comment
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  8. alor

    alor Well-Known Member Silver Stacker

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  9. alor

    alor Well-Known Member Silver Stacker

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  10. madaw1

    madaw1 Well-Known Member

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    Amen...
     
    jultorsk likes this.
  11. alor

    alor Well-Known Member Silver Stacker

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    Global Energy Crisis: Singapore Power Providers QUIT Market

    A record-breaking spike in electricity prices has caused two energy retailers in Singapore to exit the market – including one of the country's largest independent firms.

    iSwitch Energy and SilverCloud Energy have notified customers they will be ceasing to trade due to “current electricity market conditions” and have told them to switch providers or transfer back to state-owned SP Group.

    Singapore is the latest victim of a global fuel shortage that has sent power prices surging in the UK and triggered widespread electricity curtailments in China.

    Subscribe to RT: t.me/rtintl
     
  12. alor

    alor Well-Known Member Silver Stacker

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  13. mmm....shiney!

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

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    Interesting comment from him, bet he doesn't follow through on his "virtuous economy" line.

    Legatum Prosperity Index.

    Japan:

    New Zealand:

    Australia:

    United States:

    Yes ZH, Abenomics was a complete failure. o_O
     
  14. alor

    alor Well-Known Member Silver Stacker

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    the PM get the assistance to pay for good reports, its very common
    just like China asking the UN to issue favorable reports
    :cool:
     
  15. mmm....shiney!

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

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    Right. :rolleyes:
     
  16. mmm....shiney!

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

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    What is probably happening is that the government and the CB are clicking that during a balance sheet recession, consumers are reluctant to take on increasing levels of personal debt. Now as our modern economies are fuelled by debt-based spending, if consumers aren't taking on more debt then GDP growth stagnates.

    Which is actually a valid point, consumers won't increase consumption in the face of stagnating wage growth. That's why Japan's inflation rate has been hovering around 0% for the past 40 years. How he goes about rectifying the problems Japan faces will no doubt be watched by others with interest. There's only one path he can take, the government is going to have to ramp up spending and create new jobs, whether he intends to go down that path is unclear.

    I like the tax incentives bit though, every $ the government removes from the real economy is a $ taken out of the savings and research/expansion budgets of individuals and businesses.
     
  17. alor

    alor Well-Known Member Silver Stacker

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    Japan is a closed economy, you cannot open factory there, they invested in other countires
    they cannot attract working people into the country
    Vic is similar to Taiwan, for Chinese going to China mainland would have to pay BIG taxes, else they would go there and ask for their passports and lost 60% of the China supporters. Victoria under the longest 200+ days lockdown unlike China Wuhan of 70 days+, that is 3 times more damaged to personal freedom. Chairman Andrew DAN
     
  18. heartastack

    heartastack Well-Known Member Silver Stacker

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    Totally different scenarios. We didn’t have vaccines
     
  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Build, boom!, clear the ruble, rebuild again, boom! again, rinse and repeat.

     
  20. TreasureHunter

    TreasureHunter Well-Known Member

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    Some people are renting out vans in New York on AirBnB and there actually are people who are happy to book for a good night's sleep in a van!



    This article depicts a 69 $ per night service in a van:
    https://www.roadandtrack.com/car-cu...isted-on-airbnb-as-a-new-york-city-apartment/

    69 $ is a lot of money, considering the fact that all you get is a sleep inside a van.

    No bathroom, no way to stand up... all you do is to sleep inside a car.

    Madness...
     

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