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The Dollar is going to crash and Americans are going to be poor

  1. #61
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    Originally posted by the man who put it in my hood Russia and China are teaming up to create the petro-yuan






  2. #62
    As if China gives two flying fucks what Biden wants or demands. Pretty hilarious.
  3. #63
    https://www.zerohedge.com/political/biden-warn-xi-us-retaliation-measures-over-russia-support-tense-friday-morning-call

    Yanks are literally threatening Chiner.

    The world's #2 economy is threatening the world's #1.

    This is not how the game is played.

    Xi isn't a senile old escaped mental patient, so he didn't threaten back, but the point will have been noted.
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  4. #64
    Sudo Black Hole [my hereto riemannian peach]
    Originally posted by Donald Trump https://www.zerohedge.com/political/biden-warn-xi-us-retaliation-measures-over-russia-support-tense-friday-morning-call

    Yanks are literally threatening Chiner.

    The world's #2 economy is threatening the world's #1.

    This is not how the game is played.

    Xi isn't a senile old escaped mental patient, so he didn't threaten back, but the point will have been noted.

    To be fair Trump used to threaten China every other day.

    It's pretty funny how the TPP almost went through (and definitely would have if Hilly was elected) then everyone admitted afterwards it would have been disastrous. That alone was worth electing Trump.

    Idk how to deal with Chiner appropriately other than cutting off your nose to spite your face by boycotting them. Offering sweet deals to their export destinations might work too but would likely require migrant labor to fulfill
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  5. #65
    Originally posted by Sudo To be fair Trump used to threaten China every other day.

    Yeah, from the Chinese POV US leadership must appear like a freak show. cowboy > nog > clown > corpse.

    When Trump threatened Chiner he did so as a "we need to protect ourselves" sort of thing. Trump had nothing but disdain for Chiner. Biden is straight out telling Chiner what to do, like he runs the place. Different mentality. These people think they really do run the world.

    Idk how to deal with Chiner appropriately other than cutting off your nose to spite your face by boycotting them.

    Despite what they think, the world can survive without the mighty US consumer hoovering up all the manufactured goods and producing only wokism and debt.
  6. #66
    A College Professor victim of incest [your moreover breastless limestone]
    lets cool it with the anti US ratoric
  7. #67
    Sudo Black Hole [my hereto riemannian peach]
    Originally posted by Donald Trump Despite what they think, the world can survive without the mighty US consumer hoovering up all the manufactured goods and producing only wokism and debt.

    Sure but I was thinking more of the manufacturing and logistics networks that would force chiners out of jerbs (typing jerbs just autocorrected to "Jerusalem" and I think my phone is possessed) and could create a class of previously middle class of dissatisfied workers, sympathetic to the plight of Taiwan and Hong Kong. Imagine if the unemployment rate hit 9% in China and all the 2 decade old SEZ cities that were designed for manufacturing and commerce were full of unemployed chiner mill3nials? Chiner would have to do huge transfer payments, similar to the ones Trump did for soybean farmers in response to his own ill advised sanctions and chiner would have to cash in some debt and bonds, potentially having more repercussions

    Sorry I got carried away and now my pants are soaked.
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  8. #68
    The Risk Free Rate is the rate earned depositing your money in dollars or euros in a large American or European bank.

    Right now it's at a 0% interest rate.

    Yet Russia just lost access to $300 billion in risk free deposits as the result of the sanctions.

    Zero risk becomes 100% of investment unavailable, overnight.

    In theory it might be unfrozen, some day. But risk free it is not.

    Therefore the entire concept of risk free is bunkum. Your deposit is at risk. Anytime they choose to grab your money, they will do.
  9. #69
    No More Malarkey 2020!
  10. #70
    No more risk free = basic post-WW2 academic economic theory is unsound.
  11. #71
    Who would have thought a pay-for-play crook and known child sniffer pedophile, who doesn't even know where he is at any given time, and literally shits his pants, would have gotten the United States into a position like this, eh? I don't know how anyone in their right mind could have seen this coming.
  12. #72


    Hey yanks, get used to not eating steak, eating canned animal instead.

    Canned horse is a bargain!
  13. #73
    I love canned horse.
    The following users say it would be alright if the author of this post didn't die in a fire!
  14. #74
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    Originally posted by Donald Trump

    Hey yanks, get used to not eating steak, eating canned animal instead.

    Canned horse is a bargain!

    I'd make a casserole with that
    The following users say it would be alright if the author of this post didn't die in a fire!
  15. #75
    Originally posted by the man who put it in my hood I'd make a casserole with that

    ^Socialist hero.^
  16. #76
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    I already do all that though?

    The following users say it would be alright if the author of this post didn't die in a fire!
  17. #77
    aldra JIDF Controlled Opposition
    Originally posted by the man who put it in my hood I already do all that though?


    is this real life
  18. #78
    Originally posted by aldra is this real life

    Im not that special I am poor and for that reason i cannot afford to go broke and already i am going broke the inflation is raiseing through the roof in canada and i dont get raises ever since im mentally disabled.
  19. #79
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    it's the 70's again! except more gay

  20. #80
    Sudo Black Hole [my hereto riemannian peach]
    Originally posted by the man who put it in my hood I already do all that though?


    There another article in Bloomberg that uses the same picture and says the same ridiculous shit. It's especially funny because it's BLOOMBERG
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