American Economics Thread

[gelgoog]

They are going to double the amount of Yuan they will hold. That is significant.

 

[hashtagpls]

They are going to double the amount of Yuan they will hold. That is significant.

i wonder if they'll also hedge into crypto the way the Bulgarians did with BTC.

 

[emblem21]

Russia will ditch the USD especially since the Biden-Putin talks look set to go nowhere

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One must be wondering as to how badly the USA has managed to stuff up in regards to dealing with China, Russia and Iran this year alone. To be honest, the USA couldn't have asked for a worse leader then Biden at this very time right now

 

[hashtagpls]

One must be wondering as to how badly the USA has managed to stuff up in regards to dealing with China, Russia and Iran this year alone. To be honest, the USA couldn't have asked for a worse leader then Biden at this very time right now

It's not just biden, its also the Beltway Blob, ie the natsec bureaucrats, the cowardly merchant/banker class who failed to preserve and protect the Sino-Us trade relationship and the Race Warriors who also call themselves "Wolverines"

 

[steel21]

There's been a lot of noise regarding fed repo market of late.

A few channels are suggesting the QE will have to come to an end by mid or late July.

There is an evolving narrative that China is forcing US into cancelling the 20% tariff on Chinese goods to alleviate pressure on inflation by letting the RMB appreciate.

If you put Dalio

, Roubini

and Song Hongbing

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together then the timeline looks like:

1. End of QE by Q3 2021.
2. DCEP goes live by Q1 2022
3. High inflation by mid 2022
4. Hyper inflation by 2023
5. RMB/DCEP achieves semi-reserve currency status by 2025

I know these 3 are just a segment of the forecast, and hence the above is probably a worst case scenario.

Also, what are the chances that once GME, AMC, DogeCoin gets played out the enthusiasm come back into Chinese tech and growth stocks?

 

[Franklin]

There's been a lot of noise regarding fed repo market of late.

A few channels are suggesting the QE will have to come to an end by mid or late July.

There is an evolving narrative that China is forcing US into cancelling the 20% tariff on Chinese goods to alleviate pressure on inflation by letting the RMB appreciate.

If you put Dalio

, Roubini

and Song Hongbing

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together then the timeline looks like:

1. End of QE by Q3 2021.
2. DCEP goes live by Q1 2022
3. High inflation by mid 2022
4. Hyper inflation by 2023
5. RMB/DCEP achieves semi-reserve currency status by 2025

I know these 3 are just a segment of the forecast, and hence the above is probably a worst case scenario.

Also, what are the chances that once GME, AMC, DogeCoin gets played out the enthusiasm come back into Chinese tech and growth stocks?

Hell will freeze over before QE comes to an end. Without QE the bond market will roll over crushing the stock and real estate markets. Destroying corporations, banks, hedge funds, mutual funds and pension funds in the process. And bankrupting the zombie companies reliant on an over-inflated bond and stock market. Its going to cause debt repayment issue's with both corporations and the government.

 

[steel21]

Hell will freeze over before QE comes to an end. Without QE the bond market will roll over crushing the stock and real estate markets. Destroying corporations, banks, hedge funds, mutual funds and pension funds in the process. And bankrupting the zombie companies reliant on an over-inflated bond and stock market. Its going to cause debt repayment issue's with both corporations and the government.

Man, what a bag of bad choices:
- Inflation
- Stymied recovery
- crushed equity and assets markets

Maybe the administration is just trying to limp past the mid-term election in 2022? If shit implodes before NOV 2022, then Biden is DONE.

 

[voyager1]

Maybe the administration is just trying to limp past the mid-term election in 2022?

Yes

If shit implodes before NOV 2022, then Biden is DONE.

Yes

Biden will probably resort to straight up vote-buying if Dem polls get too low.

 

[Tyler]

Man, what a bag of bad choices:
- Inflation
- Stymied recovery
- crushed equity and assets markets

Maybe the administration is just trying to limp past the mid-term election in 2022? If shit implodes before NOV 2022, then Biden is DONE.

If China allows the RMB to go up faster, then much higher inflation and interest rates in the US, will destroy their election plan.

 

[hashtagpls]

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At this point i believe the USG is effectively being torn apart in different directions; look at the schizophrenic attitude towards killing keystone and then supporting North Stream and being all green energy.