Miscellaneous News
- Thread starter bd popeye
- Start date
More money will flood again. Just what would Ray Dalio would expect. Always since gold standard was removed in 70s. You cannot beat the government specially in money making.
I dont think when Su-35 exported to China has R-37M integrated and there could be other modifications and upgrades to current standards. They are going to unify electronics of SU-35 and Su-57.
The version of R-37M in MIG-31 is really high speed. in recent reports it was mentioned it is hypersonic through out flight envelope hitting even drones and in ukraine with 100% success rate against every target it is fired. unless Ukraine produce R-37M on ground intact. we can presume Russian claims are accurate.
1. This is a credit crisis, that really is a credit crisis that is confined to one bank in one region.
(To digress a little bit, the term debt crisis and credit crisis are interchangeable. That is way they calling the Chinese real estate market a debt crisis shows their lack of understanding and bad intentions.)
2. How to solve a credit crisis? With more credit, which the Fed has done, by recapitalizing whatever and whoever. That's it, the problem to this bank more or less over.
(To digress a bit more, these ideas that the Chinese real estate market is a bubble that will lead to a credit crisis, when the Chinese banking system and Chinese saver is overflowing with money, aka credit, which once lent out, that turns into debt, but there is too much savings cannot lend out all of it, and still people who tell you there is a problem with Chinese real estate bubble. Go sell your bridge somewhere else.)
3. This is not crap you learn in the textbook. They do not teach this stuff there.
However, it is very important to learn the textbook well. Then as we go along, we pick up economic history lessons and tidbits, and then we really know how to apply the crap we learned in the textbook, and damn it! It works!
Time to buy is very soon, or maybe even now.
The Fed is stuck between a rock and a hard place.
The increases in rates over the past year or more, has cause distress at various financial institutions. Keep the rates high, and who knows what other bank runs we will see.
Therefore, they will lower rates. But that could fan inflation.
Since Biden is going to speak, he will probably say something about what they intend to do about inflation. They could cut some government spending, or sell more of their oil from their strategic reserves.
Interesting times ahead.
What the 99% or 90% think about all of this, does not matter.
not nothing. higher inflation, higher interest rates. shortages of everything while people live in cars.
I think the reason is the government can not bail them out. Because Republicans have been blocking the government from getting more loans by blocking the raising of the debt ceiling. So FED will bail them out instead. Which means FED reserves have to be used or more money printing.
plawolf
Lieutenant General
I think you vastly overestimate the power and competence of the US government, just look at the hundreds of billions of ‘frozen’ Russian funds in Europe no one can suddenly find as soon as the politicians started to talk about plundering it.
The US government needs massive logistical support from the banks themselves to enact sanctions. The banks cooperate under existential threat from the US government.
US government financial agencies are overwhelmingly staffed by lawyers and auditors, because the lion share of their work involves fighting court battles and checking compliance. They don’t have anything close to the manpower or do it’s limited manpower have the right training and work experience to do the heavy lifting without total cooperation from the banks themselves to work anything out.
With the trillions of daily dollar transactions that happen worldwide from just normal economic activity, there is an effectively zero chance that the likes of the US Fed would be able to tell which, or even if any of those transactions were for Iran or anyone else without the banks processing the transactions itself telling them.
To be honest, this whole allowing Iran to access frozen funds line seems like an obvious trap from China, who always chaffed at the power the US government had over world finance. I would bet good money that the frozen funds were frozen under US unilaterally imposed domestic sanctions that have no UN mandate. So basically China is daring the US to impose more unilateral domestic sanctions against a Chinese bank (probably a small one with limited international exposure) for helping to create the conditions for a historic peace deal between bitter rivals.
If the US does sanction the Chinese bank, its going to be rather toothless and symbolic only, and the symbolism will look horrific for the US as a real mask-off coming out party to the whole Arab world. If the US doesn’t sanction the Chinese banks, it undermines their whole sanctions power.
This is a great example of what happens when China starts to actively troll you instead of bending backwards to create win-win accommodations.
And Nazis in Ukraine are fighting for lgbtq rights.
The fascist/feudal foot warrior family is so weird...
