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U economist? If not, STFU
Omi.. Thank you for bumping up the message.
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The USD will return to the USD as the interest rate rises. What you are seeing is the decoupling of USD.
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(16-07-2022, 10:47 AM)kokee Wrote: all these know nut comie dogs bark USD going to collapse due to print too much 7/24 here!!
but why today USD can hike rate so much & so steep yet china RMB totally cant hike rate? so whose debt is larger?
got debt, scared of rate hike!!
debt burst is financial crisis!!
so in term of country economy, china or US got more debt?
china govt deficit this yr is easily $6 trillion shortage, has to print more!! now FED no need to print, collect back money instead, why china cannot stop printing now?
耶伦:期待中国重组斯里兰卡债务
all these BRICS can bark what they like to con or brainwash moron like all comie dogs here!!!
so easy to replace, bark is definitely easy, but only brainless bark nonsense 7/24 here!!
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(16-07-2022, 10:47 AM)lvlrsSTI Wrote: Heard BRICA countries are going to come up with own currency to delink from USD.
After expansion, Egypt, Turkey, Iran and possibly Saudi will join BRICS, these countries have oil, natural gas and rear earth, they share all these resources together without the U.S. and the west…a good model moving foreward.
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(This post was last modified: 16-07-2022, 10:50 AM by
lvlrsSTI.)
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(16-07-2022, 10:35 AM)lvlrsSTI Wrote: ![[Image: 7-BA724-C2-EB1-C-4957-9425-92-F42-DEF80-CF.webp]](https://i.ibb.co/LRFnmYd/7-BA724-C2-EB1-C-4957-9425-92-F42-DEF80-CF.webp)
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(16-07-2022, 10:49 AM)teaserteam Wrote: U economist? If not, STFU
Watch Dr Wong’s analysis, he’s an economist based in the U.S.
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(16-07-2022, 10:47 AM)kokee Wrote: all these know nut comie dogs bark USD going to collapse due to print too much 7/24 here!!
but why today USD can hike rate so much & so steep yet china RMB totally cant hike rate? so whose debt is larger?
got debt, scared of rate hike!!
debt burst is financial crisis!!
so in term of country economy, china or US got more debt?
china govt deficit this yr is easily $6 trillion shortage, has to print more!! now FED no need to print, collect back money instead, why china cannot stop printing now?
耶伦:期待中国重组斯里兰卡债务
Mr Know all, what is the cause of inflation worldwide ? Tell us...
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https://www.channelnewsasia.com/business...es-2817486
New Zealand's inflation hits 3-decade high, raising bets on sharper rate hikes
New Zealand's consumer prices rose at their fastest pace in three decades, beating forecasts and raising the prospect of an unprecedented 75 basis point interest rate hike at the central bank's policy meeting next month.
The
consumer price index (CPI) increased 7.3 per cent in the second quarter, speeding up from a 6.9 per cent gain in the first quarter and the fastest since the June quarter of 1990 when prices rose 7.6 per cent, Statistics New Zealand said in a statement on Monday (Jul 18).
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Print Money: There will be more money to buy up things around the world. Can also lend money to other countries. Inflation is exported.
Deflation: Increase interest rate, more money is saved. Money can also be taken out from the system. It is like vacuum suction bag. Those with US denominated loans will be in trouble.
(This post was last modified: 18-07-2022, 02:08 PM by
theold.)
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(18-07-2022, 01:53 PM)theold Wrote: Print Money: There will be more money to buy up things around the world. Can also lend money to other countries. Inflation is exported.
Deflation: Increase interest rate, more money is saved. Money can also be taken out from the system. It is like vacuum suction bag. Those with US denominated loans will be in trouble.
This is what happened to Sri Lanka....over half of its ext debts are in USD.
Their gov is so poor now that they cannot effort to run an official website with secured certificate.
http://www.erd.gov.lk/
(This post was last modified: 18-07-2022, 02:31 PM by
Manthink.)
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But Singaporean still living happily without much complaining.
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