321–330 of 356 posts
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Russia is an irrelevant economic factor in the 21st century. Their export is fossil fuels, and that's about it.
Ice/water will be a major export very soon. Countries will go to war over it.
https://www.livescience.com/46292-hidden-ocean-locked-in-ear...
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The us decoupling itself from China would be an unmitigated disaster for the us as China would align itself with Russia.
you are aware that USSR annexed parts of China? Whatever the lang Xi uses they will never be allies.
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This means you have about a million dollars in stock investments alone, which you put you in a different class.
I think the previous answer appeared to be investing in futures /warrants or some highly leveraged security. Seeing my normal shares ISA drop £2.5k yesterday and £1.5k the day before as a bit sobering.
So, really, is there any doubt that this is true? China's currency exchange rate has been abnormally stable for a long time, and the Obama, Bush, Clinton, Bush, and Reagan administrations all knew it was the result of currency manipuliation. They just found it politically unpalatable to admit it out loud. The real question would be, why is the U.S. finally admitting this out loud? 1) amping up a trade war 2) decoupli…
4) The US President is not well. He saw that the stock market went down, so he tweeted a thing. This then became policy simply because he tweeted a thing. As the US lurches from crisis to crisis, this will be forgotten, as many things have before [0,1,2], and there is not a good chance that the thing will be enacted.
[0] https://www.washingtonexaminer.com/opinion/trump-keeps-makin...
[1] https://time.com/5175729/donald-trump-broken-promises/
[2] https://www.washingtonpost.com/business/2019/08/06/trump-is-...
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Yes and no. Let me give you an example: if 70% of Americans get $40K bonus per annum from the fed, it will lead to inflation. However, if the same amount of money (70% of 300M times $40K =8.4T) is given to ten billionaires, it won't lead to inflation.
You are describing inflation caused by consumption (i.e. high demand driving up prices). The inflation the OP was describing is the massive inflation caused by printing money. The US bond is effectively an IOU representing US dollars the USA owes the bond holder. For the USA to buy back those bonds they only have two choices: 1. Run an strong economy earning lots of US dollars (i.e. a trade surplus) and use that USD…
3) sell more reserves (gold, currency)
4) bond swap with other countries
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Firstly, Nigerian population is much larger than Russian (190 vs 146). And secondly, what's wrong with population of Nigeria? It's 60% of population of USA and will probably be equal in 30 years.
> And secondly, what's wrong with population of Nigeria? I don't think it was a sleight on Nigeria. Just a poetic way to emphasize the weakness of the Russian economy by highlighting the disparity between its population and its GDP. And while the population of Nigeria is is larger it's in the right ballpark for the argument being made. They could have said Pakistan, Bangladesh or Indonesia. Although I suspect those n…
I have no idea what all this means so tried to read https://en.wikipedia.org/wiki/Currency_manipulator . Found it interesting that "Switzerland have been manipulating their currency more than China since 2009 and Germany and South Korea since 2014" Still it is not clear what that means in terms next steps. Will there be more tariff increases or sanctions? And then China will devalue their currency even more. So where…
China has started invading Europe through Tsjechie also. Just read a disturbing dutch article and Europe should join the US. I wasn't sure before, but I'm sure now. Here's a small report of the EU : https://www.europarl.europa.eu/thinktank/en/document.html?re... Yeah, it's disturbing and it doesn't even contain all the info...
Seems like FUD without a credible source, can you link something? Plenty of dutch readers on HN. The article linked is referencing the unfavorable economic terms of China's Silk Road project towards developing nations' economies, which has been written about and is plenty concerning on its own.
This was the article I originally mentioned