War in Ukraine

#44,926
#44,926
Russian companies should start paying their dividends in eggs.



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#44,927
#44,927
Rasputin_Vol said:


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The fun is only starting, people were saying how many of those countries make it thru the winter... at the pace this is going???? Not sure they make it to winter. Its ugly in the currency market. If manufacturing wasn't dead in the United States its about to be as they're all getting crushed and fed funds rate is only 3.25%. The next thing to watch is european countries stopping energy exports to other european countries.
 
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#44,930
#44,930
LSU-SIU said:
The fun is only starting, people were saying how many of those countries make it thru the winter... at the pace this is going???? Not sure they make it to winter. Its ugly in the currency market. If manufacturing wasn't dead in the United States its about to be as they're all getting crushed and fed funds rate is only 3.25%. The next thing to watch is european countries stopping energy exports to other european countries.
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LOL, as if you care. Please stop trying to convince us how bad it's going to get this winter.

You keep telling us to pay attention to home but trying to make us feel bad for western Europe.

Pick another tree to bark up dude, we don't feel bad for Europe - they made their beds
 
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#44,935
#44,935
As the fed tightening cycle and the economic war between Europe and Russia unfolds over the next months, it will be interesting to see how this effects the ruble. If the fed doesn't reverse course fairly soon, they're not looking at a recession but probably full on collapse in europe. The currency collapse in theory would help exports but with no cheap energy they have to shut those plants down.

While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback

Que fed credit lines to foreign banks in 3, 2, 1.... i.e. 2008.

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#44,940
#44,940
Velo Vol said:
Can't be. I have read here for the last decade that the dollar was in the process of collapsing.
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The U.S. dollar is the reserve currency of the world, if that collapses, the whole system collapses - Bretton Wood II. Actually, what we are witnessing is the end of globalization and the end of the current system, although we'll have to see timing to a degree.

The current system requires expansion of supply and demand exponentially. Which humans can't provide long term. Credit system (with interest) provided modern civilization the ability to exist, nature will eventually take much of it back.

(we've been in the vertical part for some time now)

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#44,943
#44,943
LSU-SIU said:
The U.S. dollar is the reserve currency of the world, if that collapses, the whole system collapses - Bretton Wood II. Actually, what we are witnessing is the end of globalization and the end of the current system, although we'll have to see timing to a degree.
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For the last decade @Rasputin_Vol and his ilk have been chiseling the tombstone for the dollar, heralding the rise of the BRICS super currency (whatever that is), buy gold, etc.
 
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