USA bubble bursting? True or not?






charcoal strove


爆冷!美9月非農就業新增不到20萬 寫今年最糟表現... "油"搞壞關係!伊朗揚言對南韓採法律行動│主播李瀅瀅|【新聞午夜場】20211008|非凡新聞

It seems everything in China is collapsing first.. Rotfl

Laughter-13  Laughter-13


America’s debt crisis could well shake the world. Cut off by sanctions & suspicion, Russia should ironically find itself insulated

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.... The coming crisis will likely be a crisis of the dollar. At some point, the US will be forced to restore a fiscal discipline that was lost long ago. That entails increasing production and reducing spending – the exact opposite of current policies. This painful readjustment will reduce the standard of living of Americans and diminish the role of the US in the international system. It appears that the option of making voluntary and somewhat orderly adjustments has expired, and market forces will compel the US to make corrections in a disorderly fashion.

.... Preparations for the financial crisis also entail preparations for political consequences. As financial crises erode socio-economic and political stability, the US government will likely point to external forces to restore solidarity and loyalty to authorities. Simply put, Washington will likely point to Russia and China as the culprits of the financial and economic crisis, which can have unforeseen consequences. The US has to a large extent had a “healthy nationalism” in terms of believing that its best days were ahead of it. In contrast, the more dangerous nationalism looks towards past glories that were robbed by foreign powers. Trump is likely only the first president to argue that US greatness has been stolen by China, while Russia will be blamed for rising energy costs.

Correction is here liao....
Dont be the last one to run.... Rotfl

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"

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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"

美國通膨最後的結局 2021 1202

(26-11-2021, 09:22 PM)RiseofAsia Wrote:  [Image: tenor-26.gif]


Getting more and more interesting!


(29-07-2021, 11:38 AM)ROFLMAO Wrote:  Rotfl Rotfl Rotfl  Stupid Wumao.. China stock market bubble already burst

China Triggers $1 Trillion Market Meltdown, And It’s Just Getting Started

The first real crisis of Chinese President Xi Jinping’s tenure was in the summer of 2015, when Shanghai stocks collapsed.

A 30% plunge in the market in just a few weeks began hitting Wall Street stocks, too. That put Xi’s team in all-out emergency mode. It pulled out all the stops: lowering interest rates; easing leverage limits; cutting reserve requirements; halting initial public offerings; shutting off trading in thousands of listed companies; letting punters use apartments as collateral to buy shares; calling on average Chinese to buy the market out of patriotism.

It worked, too. In the years that followed, the market soared. By 2018, Shanghai shares were added to the MSCI index as Beijing opened more and more channels for international investors to bet on China Inc.

Given the chaos of 2015, and the China’s success in moving beyond it, why is Beijing pushing the market back to the brink?

This is indeed a fair description of recent events in China. Beijing’s unexpected role as market wrecking ball arguably began in November, when the country’s regulators scrapped what would have been history’s biggest initial public offering.

International Monetary Fund (IMF) approved four other reserve currencies: the euro, British pound sterling, Japanese yen, and Chinese yuan.

It is important that the dollar has competitors as an international reserve currency because it creates a theoretical alternative for the rest of the world in case American policymakers lead the dollar down a damaging path

best to buy some gold and bitcoin..

put some 20% here,

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