The BRIC thing is fake / gay... All this stuff is western propaganda.
Those countries are all on the edge of failure. Even further than our own.
But it's like, "you better be a good boy, or you'll be speaking Russian and using Chinese money"
Yeah, it could totally go the other way. I mean it's going to go somewhere extreme, either left tail or right...
What's crazy to me though, is how much they need to pony up to insure the deposits. They don't have it, even more that a percent of it.
So they're like "bailouts"... But somebody might call their bluff.
Yellens been flip-flopping on it too.
It's true, it's a giant conflict of interest, if the do like ESG policy BS...
But thankfully... mostly, all their shit it passive.
Lots of flags.. obviously these are the nationalist/patriots.. not the antifa type.
Blackrock conspiracy is kinda gay, IMO... They're just a passive firm for investing people's 401k money.
When people go all, "OMG Vanguard/ Blackrock are some of the largest shareholders".. it really doesn't mean much.
It's definitely all-or-nothimg coin flip stuff...
But, I think they already blew it up too much..
They're just bailing out the depositors, but I don't think the banks will have any liquidity for stuff they're supposed to be doing, like writing loans and handing out credit.
Shall see...
But 10Y bonds... Maybe not totally retarded here.
For what it's worth.. I'm back on team strong dollar / deflation.
Asia Pac has way less going for it than the media would have anyone believe.
I've been following Luongos take on all this stuff for the last few months and I agree that Powell probably is a good guy.
It just he has a monumentally difficult task of undoing 40 years of absolute destructive policy AND dealing with a public that's not ready to come to terms with reality of how poor and indebted they are.
Yeah, he sticks to the data/facts... He's a wise dude. (But I agree, he believes it's intentional)
Ha shit... I just watched this and was going to post it.
Great content.
Ed Dowd keeps me sane, man.
Indeed... I typo the shit out of things these days 🙃
But for sure... It hindsight, it's even more obvious.
His feigned regard for the steal (fucker went and played golf), it's alignment with all the Qoomer lore, all those videos of his kids doing cryptic "the best is yet to come" shout outs.
It's the perfect way for TPTB to snooker all of their opponents. ++Elon.
Ha! Shit.. yeah, I'm missing a word there.
Yes he was in on the steal. 100%
All that #TheBestIsYetToCome shit was them telling you it was all taken care of.
I think you're on the right track...
I mean theres no doubt in my mind Trump * WAS* in on the steal.. and possibly has the next win guaranteed.
They definitely can't overplay their hand, though, and make it too obvious.
This post ironic? I can't tell.
If youre really dumb enough to think the BRICs are better, by all means....
Putin needs more dudes to get shot up in Crimea.
I agree.. but they don't stop.
I have no idea how it pencils out. It's bizarre to me the economy isn't in complete shambles.
Yeah.. nationalistic Chinese assholes like to shout "China Number #1"..
So it's like shouting back "China is Number #0" in Engrish.
Kinda... Depending on where you live, the building codes might have gotten a lot better over the last few.
I wouldn't touch a home built between the late 80's to the mid 00's, where I'm at.
Americans are soooo super-mega-epically retarded with debt though. They won't change their habits until their forced to by their lenders, through maxing out their credit limits and coming up short on the payment.
It's interesting to me how far we coast, before they have the "Wiley Coyote looks down" moment.
If it's a race to the bottom, the BRICs will definitely win.
My real problem with it is how "on the nose" it is.
When something is this good, one has to wonder if it's being placed on purpose.
Because half of me thinks there intentent to get other nations to FOMO into digital currency, because it will be very self destructive to do so, while non-digital currency exists.
The money will flee.
When she says "not give away European Sovereignty to another nations digital currency".. I mean she even knows that's BS.
Noted.
The "decision" part, honestly seems like it's already been made, the way she talks. Plus she says "we're training them for it now"
It is weird language she uses.
Daaaang. Good prediction
The whole BRIC marketing campaign is fake and gay.
They know it too.. most of the countries are past peak growth and don't even have the resources they need to stand on their own two feet. ++Shit tons of corruption
I mostly thinks its propaganda by the west aimed at the west. Probably like "take our bad ideas, or your gonna be using Chinese money!!"
I think the west is just setting up a another weak ass "overcomming adversity" narrative, so they can celebrate our values for toppling these shitholes, after these BRICers collapse, which will mostly be from their own failures.