The fate of the world's currencies in the wake of the demise of the dollar. - page 69
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well,the tabloids are going......
what's wrong? is there a credible rebuttal?
The US economy is a bubble based on credit manipulation, and not just the US, but the global economy as a whole. sooner or later the bubble will burst, there will be natural economies based on subsistence production (produced - sold) rather than on the added value of credit assets. there have long been opinions on the need to review the current global economic model, trends in this direction are clear. extensive use of natural resources by corporations is increasingly leading to changes in the ecosystem, sooner or later man will have to leave the
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Probably extremely negative...It's like in kindergarten, I can do it, I just don't want to. So maybe it will make a huge difference. Like with the gay issue, most of the population is against it and the MPs won't pass a law against it. The lobby is big, as it turns out more people are in power. And the backstabbers will not pass, because they will close Schengen and shake hands, and there everything, holidays, dough, villas, kids with coke noses in clubs in between sessions, and wives in Milan.
We're about to get banned, we've been warned against a wall.Probably extremely negative...It's like in kindergarten, I can do it, I just don't want to. So maybe it will make a huge difference. Like with the gay issue, most of the population is against it and the MPs won't pass a law against it. The lobby is big, as it turns out more people are in power. The backstabbers will not accept it, because they will close the Schengen area and they will do everything, holidays, money, villas, kids with coke noses in clubs between sessions, and wives in Milan.
We're about to get banned, we've been warned against the wall.what's wrong? is there a credible rebuttal?
the u.s. economy is a bubble based on manipulation of credit, and not just the u.s., but the global economy as a whole. sooner or later, the bubble will burst, a natural economy will remain based on subsistence production (produce - sell) rather than on the value added by credit assets. there have long been voices that the current global economic model must be reviewed. the trend is clearly visible. extensive use of natural resources by corporations is increasingly leading to changes in the ecosystem, and sooner or later man will have to leave the
Why would the US economy be a bubble? - it is a real and strong economy, in fact it is the #1 economy on the planet, of course I suspect that you do not like it and you would like to see it in a different light, by the way I do not advocate the states and their policies and other things, I am just talking about economics, we should have such economy here at least for a while... the only bubble now is cryptocurrencies, we will see great adventures there.......
What's wrong? Is there a credible rebuttal?
The U.S. economy is a bubble based on manipulation of credit, and not just the U.S., but the entire global economy. Sooner or later the bubble will burst and natural economies will remain based on subsistence production (production-sales) rather than on the value added by credit assets.
Credit is not evil, but a normal tool, a superstructure over the real sector, as well as derivatives and forex, some say that stock exchanges are evil, but without them, it is the same without credit...
Credit is not evil, it is a normal tool, a superstructure over the real sector, so are derivatives and forex as well, some say that exchanges are evil, but how can they be without them, so is credit...
Read at least one economics book, eh? A system based on credit cannot last forever! - Something will run out sooner, either the man or the resources.
The problem is not the depletion of resources globally but the fact that in this system, money flows in one direction only (no matter where the singularity is located). but modern society is still divided into states and that will not change soon, so there is a need to abandon the global economy in favour of the local.
Read one book on economics, eh? a system based on credit cannot last forever! - Something will run out sooner, either people or resources.
But it is not even about the depletion of resources globally, it is about the fact that in this system, the money flow is directed only in one direction (no matter where the singularity is located geographically). but modern society is still divided into states and this will not change very soon, so the need to abandon the global economy in favour of the local is emerging.
How do you know, maybe a new technological leap is coming in terms of energy, and the resource-based system will sort itself out, evolve before it goes belly up.
And you do not discuss politics, discuss the economy - you will not get banned. there is no need to stoop to "who is bad and who is good", only analyze finances and the economy.
A bubble is to shout about the possible abandonment of the dollar, with no production or markets to speak of. The scale of manufacturing growth is very unimpressive compared to the growth of general statistical performance. And to be competitive, one must have high quality production and a market. Even if one is allowed to the European market, who will need the less technological goods on the background of high-tech ones (except arms). The new iron curtain for the economy is utopian. That is why we should shout about the rejection of the dollar.
And then the Russian ruble has poured so much resources into this very bubble that it is little different from the components of that bubble.
A bubble is to shout about the possible abandonment of the dollar, with no production or markets to speak of. The scale of manufacturing growth is very unimpressive compared to the growth of general statistical performance. And to be competitive, one must have high quality production and a market. Even if one is allowed to the European market, who will need the less technological goods on the background of high-tech ones (except arms). The new iron curtain for the economy is utopian. That is why we should shout about the rejection of the dollar.
And then the Russian ruble in this very bubble has poured so much resources that it is little different from the components of the bubble.
Imagine that you are an island nation and can only produce bananas and coconuts as a commodity. why would you need a dollar to buy gasoline, steel and timber from a neighbouring country?
Imagine that you are an island nation that can only produce bananas and coconuts. Why would you need a dollar to buy gasoline, steel and lumber from a neighboring country?
Bananas and coconuts are not produced. Replace it with oil and gas. Of course we don't need a quid to exchange oil and gas for bananas or other products. That's what's actually happening, exchanging resources for goods. Leaving aside the fact that we must somehow come to a consensus on the rates at which to make the exchange. But even without the quid, the exchange rate can be oppressive. And you will be able to trade with others at a lower rate.
But you are not confused why we exchange oil and gas (and other) for goods that actually could produce themselves and exchange goods and not resources for goods for the most part.
We, unlike banana island, have everything for that.
These are obvious things.