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Nobo

Junior Member
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I'll give kudos to the author for being self-critical of what the US has done and is doing wrong but his answers to the problem are typical of why the US is in the situation in the first place.
I wouldn't give any kudos. While he has mentioned some of the things his country has done, he has skipped the root question that is about him & his people.
Pretentious government fixing will not save him or his people.
 

FriedButter

Colonel
Registered Member
I wouldn't give any kudos. While he has mentioned some of the things his country has done, he has skipped the root question that is about him & his people.
Pretentious government fixing will not save him or his people.

Notice that he never mentions inflation or Biden once in the article but says it’s Trumps fault. His exactly the reason why nothing gets fixed. This author is an establishment hack for the neocon party. Let’s take a look at his most recent track record….

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But I think the Fed’s pronouncements have been spot on, and I trust that its position will change if and when the evidence does. The instinct to fight inflation is embedded in central bankers’ DNA. If they don’t see inflation as the key problem currently facing the economy, neither should you.
The US is fortunate finally to have economic leadership that won’t succumb to fearmongering.
Moreover, even if inflationary pressures were to become truly worrisome, we have tools to dampen demand (and using them would actually strengthen the economy’s long-term prospects)

Oh look at that. Lies and more lies. That’s what you expect to see from the former chief economist of the world bank. There is plenty more lies in the article as well.
 

Overbom

Brigadier
Registered Member
If Chinese politicians keep on behaving naively by giving up opportunities for strategic gain, then they deserve it big time when 中华民族伟大复兴 fails.
Its just face. Xi will send him off with the usual "cooperate for the betterment of the world" bla bla usual diplomatic stuff.

In any case, Biden will get something in return only if he removes all the tariffs. As he doesn't want to drop all tariffs, he is only going to get a middle finger with Chinese characteristics
 

Overbom

Brigadier
Registered Member
@Temstar bro I don't get it, The Japanese want to get out of its deflationary situation, now that they got it , why devalue its currency even more? They're heading toward stagflation and maybe this time it will kill Corporate Japan for good.
Ironically the Japanese authorities think that by devaluing their currency they are going to get "good" inflation.

Joke on them though, this kind of inflation they are getting now is of the stagflation type. Hopefully we can push them over the edge and be done with Japan once and for all.
 

Overbom

Brigadier
Registered Member
Ukraine has made a breakthrough on hopium production.
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Kyiv plans to resume peace talks with Russia by the end of August, after counter-attack operations have been carried out, officials said on Saturday, as heavy fighting continued in the east.
The country will be in a better position to negotiate at that time, Kyiv’s chief negotiator, David Arakhamia, said in an interview with US broadcaster Voice of America, without giving details of the strategy.
 

ansy1968

Brigadier
Registered Member
Ironically the Japanese authorities think that by devaluing their currency they are going to get "good" inflation.

Joke on them though, this kind of inflation they are getting now is of the stagflation type. Hopefully we can push them over the edge and be done with Japan once and for all.
@Overbom thanks bro, I heard that it will go as low as Y150, with tourism close, energy and production input soaring, god help them, their savings will be wipeout and many may commit Hara Kiri, on the flip side , we may see more new JAV actresses...lol

And there is another disruptor as the world transition to EV as Japan is a major ICE producer, they're really screwed.
 
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