2020 Collapse

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

  1. mmm....shiney!

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

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    @Ipv6Ready, TheFedGuy discusses the inflationary effect that QT may have on assets as banks go looking for a home for their cash. Have a look through his site. We've also discussed it I think in the Inflation thread. @66rounds and I were talking about a Youtube clip about it.
     
    Last edited: Mar 3, 2022
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  2. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Well, time to stock up on rice again. :D
     
  3. mmm....shiney!

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

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    Or ASX:LCK
     
  4. Golden Stash

    Golden Stash Well-Known Member Silver Stacker

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    I reckon he will get taken out if he steps foot in the Ukraine again, snuck out last time by helicopter after months of revolution.
    He was the one that refused to join the EU.

    The Ukraines were adamant they wanted to look to the West, no more Russia.

    Someone will sacrifice them self to get him.
    Yanukovich is a Putin puppet, being living in exile in Russia.
     
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  5. alor

    alor Well-Known Member Silver Stacker

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    Zoltan Pozsar Warns Russian Sanctions Threaten Dollar's Reserve Status https://www.zerohedge.com/markets/z...ian-sanctions-threaten-dollars-reserve-status

    But is that about to change, and did western sanctions against Russia marked the beginning of the end of the dollar as the world's reserve currency?
    "The main effect may be declining demand for reserves,"
    "Amongst the fallout some countries may see less need to accumulate FX reserves,"
    a message has been sent to all countries that they can’t count on these money stashes to actually be theirs in the event of tension.
    “most FX reserves that exist in the world today are all forms of inside money, i.e. they are the liabilities of someone."
    Someone owes it to you. And these things can be sanctioned.”
    “I don't know if it'll come to that, but if things get worse, you could basically re-anchor the ruble to a pile of gold because you need an anchor in situations like this”,
     
  6. mmm....shiney!

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

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    ^ waste of bandwidth
     
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    ZH is misinformation. I've stopped reading it. Used to read it for fun, but now, it's not even funny. :D
     
  8. mmm....shiney!

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

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    I’ve lost count of how many posts we’ve had about the demise of the USD. It’s verging on spam.
     
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  9. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It has good points, I like to hear the views on both sides (I try to be objective when it comes to investment), but up to some point, it's just propaganda or spamming as you say.
     
  10. alor

    alor Well-Known Member Silver Stacker

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    the neck is hold to face east, not unless they break their neck lol
    with the military terminated and millions fled and nazi terminated, it is a different kind of Ukraine
    its a puppet state anyway, its again another puppet, only the one in control make the decisions
    we will know after the actions are completed
     
  11. alor

    alor Well-Known Member Silver Stacker

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    you must prove that other points, else is just no understanding...there is no counter arguments or anything
    just like the international rule based order, but not acceptable by 2/3 of the world populations
    it is not international law, which body confirm that law
    sanctions are not legal, is call stealing like Afghan reserved is used to pay victims of Saudi attack, Afghan is not Saudi JOE!
    Venezuela reserved can be handed to a nobody Guaido, so long as you recognised other person as the legitimate president lol
    double standards all over
    but the market did not collapse...
     
  12. mmm....shiney!

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

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    Of course they are legal. No one is compelled to trade with any one else.

    Stop talking BS or I'm going to give you a holiday so we can take a break from your propaganda campaign.
     
  13. heartastack

    heartastack Well-Known Member Silver Stacker

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    Almost prefer the bot at this point
     
  14. alor

    alor Well-Known Member Silver Stacker

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    US considering sanctions against India
    Washington wants New Delhi to denounce Moscow or face US sanctions for buying Russian weapons

    Russian Firms Rush To Open Accounts At Chinese Banks

    We will wait and see if the US will come after Chinese banks too.:cool:
     
    Last edited: Mar 4, 2022
  15. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    Does zerohedge still exist? wow I figured it would be gone by now. o_O

    I see RT US has shut up shop, more to follow soon I imagine. who's next? Plenty of obvious candidates...
     
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  16. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Ignore anything from Zerohedge and anyone posting/linking to ZeroHedge as a 1st class idiot and a 1st class fool
     
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  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    It will be a pity if ZH is gone, they provided an alternative view until the Putish kicked in.
     
  18. TreasureHunter

    TreasureHunter Well-Known Member

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    EU agrees crypto measures against Russia
    "The unspecified steps to prevent Moscow from dodging sanctions were discussed by the bloc’s finance ministers

    European finance ministers will take unspecified measures to prevent Russia from using crypto technologies to dodge the financial sanctions that the EU has imposed against Moscow, France’s Bruno Le Maire announced on Wednesday during a press conference.

    “We are taking measures, in particular on crypto currencies or crypto assets which should not be used to circumvent the financial sanctions decided upon by the 27 EU countries,” the French official said after the meeting.

    Le Maire said the sanctions have been effective in damaging the Russian financial system, causing a “bank run” and a “paralysis of the Russian Central Bank” by localizing and freezing its assets in European jurisdictions..."

    SOURCE:
    https://www.rt.com/business/551121-eu-russia-sanctions-crypto/


    It is not clear how they are going to impose "crypto sanctions" on Russia. How?
     
  19. mmm....shiney!

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

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    Through exchanges I think, can’t think of any other way.
     
  20. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Its easy and murky

    Easy Stuff
    Exchanges in EU could be told no outflows to or from Russian Banks - simple
    Exchanges told to stop trades with Exchanges domiciled in Russia - simple
    Exchanges told to freeze any wallets they hold as custodian from Russians
    Businesses told not to accept Crypto from Russians ie business accepting BTC can decline orders for goods destined to Russia

    Murcky
    Government Agencies Track movements of blockchain and charge individuals or coprorates

    Just the threat will stop law abiding individual and corporates initiating action.

    ie No western Oil Tankers are loading oil from Russian ports for International Delivery from fear of getting sanctioned though currently legal
     
    Last edited: Mar 4, 2022

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