Over70irregs
Well-Known Member
We cannot stop it…. We can stall with a homegrown event leading to skirmish somewhere or adopt sound $.
Nervous on banks?
- Thread starter Over70irregs
- Start date
De-dollarization Has Begun.
"The dollar, in some shape or form, will likely be around for a long time. Perhaps very long. But by weaponizing dollar dominance and permitting expanding mandates to disorient US monetary policy, the dollar’s fate as the lingua franca of world commerce over the long haul may already be sealed."...
www.aier.org
Over70irregs
Well-Known Member
The S&P 500 / M2 money supply is currently at November 1996 levels.
Your gains (over the past 27 years) are a monetary illusion. The illusion is your treading water while others are drowning all around you making you feel like your doing better. -Jeff Ross
Your gains (over the past 27 years) are a monetary illusion. The illusion is your treading water while others are drowning all around you making you feel like your doing better. -Jeff Ross
People have moved billions from bank accounts to money market funds. What are those?
This type of mutual fund invests in short-term, low-risk debt. Currently they're earning higher interest than savings accounts.
www.marketplace.org
Over70irregs
Well-Known Member
"The us dollar will effectively be restructured or will have lost most of its value within 10 yrs...". -Lepard
$30,000,000,000 Exits US Banking System in One Week As Deposit Flight Grows - The Daily Hodl
New numbers from the Federal Reserve show the amount of money people are pulling out of their bank accounts is once again on the rise.
dailyhodl.com
Why would your preferred information sources have you see anything else?
Its alot more common now
Settle down
MrFedEx
Engorged Member
Theorizing about finance is free and the pundits (who have no skin in the game) can say whatever they want. Most Republicans believe in the Free Market and privatization of almost everything. Abandoning all economic guidance and allowing market forces to work their magic via unfettered capitalism will solve everything. They believe in allowing companies to self-regulate and abandoning federal agencies like the FAA, FDA etc. Of course, all companies will do the right thing and not sacrifice safety or quality for increased profits.
Nationalism and the denial of a global economy are also helpful factors toward achieving economic nirvana.
Commercial Inside Release
Well-Known Member
@rickyb I heard recently that the cost of necessities in Canada now exceeds the country's GDP. Meaning the current populace can no longer afford to live there, and will progressively be further impoverished, until they are homeless and\or dead. Australia is headed that direction as well.
Trudeau's plan is to import 1,000,000 foreign workers which will make resolving the problem permanently impossible.
You better pack your bags, and find public transportation out of there. It's over.
Trudeau's plan is to import 1,000,000 foreign workers which will make resolving the problem permanently impossible.
You better pack your bags, and find public transportation out of there. It's over.
i havent noticed any change but what i do know is we have a private debt problem (like australia and usa) and immigration (i am in favor of free movement of workers; free markets) will make the private debt aka housing problem worse
Wally
BrownCafe Innovator & King of Puns
No problem. Canada will off the poor folk.
Why is Canada euthanising the poor?
There is an endlessly repeated witticism by the poet Anatole France that ‘the law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.’ What France certainly did not foresee is that an entire country – and an...
www.spectator.co.uk
Thebrownblob
Well-Known Member
No problem. Canada will off the poor folk.
Why is Canada euthanising the poor?
There is an endlessly repeated witticism by the poet Anatole France that ‘the law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.’ What France certainly did not foresee is that an entire country – and an...
How much money does @rickyb have ?six digits
and thats no condo / no house
if i went all in on a house when i was doing railway, then maybe i couldve had 7 digits, but i was watching russia today and i thought housing market would collapse
Thebrownblob
Well-Known Member
$.000001 ?
Thebrownblob
Well-Known Member
What channel is Russia on?
close!
its over after the censorship following russian invasion of ukraine
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