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Everything posted by Darkpriest

  1. @Guard Dog I guess you can tell a little bit more from where you sit, how did yoy experience all the years of economic changes To most of the others, food for thought. Is running permanent deficits really good for you, and how extreme socialist spwnding and redistribution affects growth amd wealth creation.
  2. And EU still does not want to look into a Russian vaccine. It will also be interesting to look at, how the EU help funds will be distributed nd which countries will be real beneficiaries of ECB printer going Brrrrrr
  3. Yes, well... I care because reasons. But what's more important is that someone is not "walking the talk" and by all the virtue speech and signaling by politicians, they stop caring once the interests of their party and potential for election is jeopradized. This makes them very predictable in what they are willing to do. All the jawboning on the 'human rights' is nothing but a show to the voters. Sometimes though, with such an approach you kill your potential long term development chances and you stagnate and fall behind.
  4. That's why I also mentioned that the next big crisis will be responsible for the more permanent shift. The pointnhere is, the last couple of years are weakening the status quo and the plans and diaagreements, which emerged more to the spotlight, do not carry an insurance and going back to strenghts. On the contrary, there are initiatives and determinatio to change the status quo, and the 'western' nations proven how swlf interested they are, whenever something wrong happens (self centered, short sighted movement in economic policies and 'vaccine wars' and protecting own interests and profits
  5. I do not want it to change. I have no real interest in it changing. Quite the contrary, it would just bring a bit more pain and restrictions. However, I can understand why Russia-China-Iran-other continental Central/East Asia aside of India and South Korea would like this to happen. It would make them self reliant, self sufficient and an economic and demographic powerhouse. Ask yourself where most of the valuable natural resources is? Where the most of the production capabilities are? Where most of the advancements in communication and tech happens. Which societies are more unified with
  6. I envy you your optimism and roae tinted glasses. However, we now have End of March 2021, after a lot of political map changes, relationship changes and most importantly economies and policies affected by pandemic and different priorities that surfaced during it. Data from end of 2018 and 2019 is most likely vastly outdated and not representative. If you could show me the same content for March 2021 I'd be more inclined to share your view
  7. And you think US and USD are now beacons of stability and development? I'm not saying that this will happen tomorrow, but I can certainly see that happening in 5-10years. To be frank, I believe we are one big financial crisis away from the permanent shift. Even people like this guy see issues with where the focus is placed.
  8. Depends, with how dollar was treated and its spilloever effect of trillions printed into the system, that whole stable/reserve is put into question. Also, recently there was a trading block formed in Asia, which can easily use an alternative to USD and it is self sustainable. Plus China, Russia and other countries of 2021 are in a much different place than those of 2015. I would not dismiss that possibility that easily. When it comes to land, resources and popultion, plus technology, do you really see a real rival. The one thing that could cripple this is the semiconductor producti
  9. Interesting developments in geo-pol. Not sure how many tracked the recent meeting between Russia and China, and what was said afterwards in their statements. (especially removal of dollar from any transactions and reliance on western banks settlement systems) It also seems that Iran is pulled into the triangle of the huge pan-Asian block. Looking at the map, and with dwindling influence in Iraq, Afghanistan and Pakistan, it seems that only India is not really on board in that continentl Asian conglomerafe, although the current leader in India is not really easily digestable
  10. Unrwlated to corona, but I've just read this. Not sure how old this piece of opinion is. --------- Reserve Bank of New Zealand recently had house prices added to its inflation-fighting mandate; and NZ has just seen its government also introduce measures to cool housing: A NZD3.8bn fund to unlock more land for housing development – which won’t make any difference, as housing developers only build when prices are high; Government first home grants available to more people - which will also push prices up further; The extension of the period in which profits on the sale
  11. This is another piece by another source and a bit different perspective, but it does highlight the dillemma of rates and perpetual, growing debt https://www.zerohedge.com/markets/fed-has-forced-investors-take-excess-risk
  12. Yeah, hope you will not be downgraded from a continent to an archipelago On more serious note, hope you have some stash of emergency food and other nesesities in case return to normal would be a bit more bumpy or costly.
  13. Read this then. https://mobile.reuters.com/article/idUSKBN2BB0BV https://www.reuters.com/article/us-usd-bonds-yields-explainer-idUSKBN2BB230 https://www.reuters.com/article/us-global-markets-themes-idUSKBN2BB1CI I'm not saying to treat something as an ultimate omnipotence, but the perspective is worth considering, or at least reading it with a critical mindset and challanging your own thesis on some aspects of the markets. NOTE: I wonder if in retrospective you would look back and see on what you thought possible before GFC and of the warnings by
  14. This might be anninteresting topic to follow, as a test of "ethics" https://www.wsj.com/articles/biden-white-houses-ties-to-big-tech-are-detailed-in-new-disclosures-11616291989
  15. For those interested in more of monetary/economic policies, some more pessimistic scenarios to consider. A bit too pessimistic and overly dramatic for my taste, but not improbable, so worth considering. https://www.zerohedge.com/markets/cornered-powell-cant-raise-rates-economy-remains-life-support https://www.zerohedge.com/markets/ecbs-financial-suttee
  16. @Malcador There is no really a need to go that deep into some conspiracies, but it's not hard to imagine that the whole "court" around Biden is actually pulling a lot of strings. Effectively though, whatever he will announce or sign is the action. Just not sure how much of it is his own initiative, as I bet dollars against pebbles, that none of it is, based on how he is communicating and who is discussing policies with foreign leaders.
  17. They are not tougher, they just want to look tough, and get a pat on the head from Western parties supporting Navalny. However, the current ruling party is outright running smear campaigns since their inception, including conspiracies that Russians killed a Polish president, who in fact died in a plane crash.
  18. Must have watched Borat recently? On a more serious note, not sure why there is a tendency to imply some outragous theories on a level of Russiagate or QAnon with the statment, that Biden is effectively just a figure-head. One of the reasons why it is certainly amusing, calling a Russian president a "soulless killer", is the fact that there is a lot of innocent civilian blood on US hands and a lot of conflicts and death initiated by USA. Heck, US army is openly pillaging for oil Syrian oil fields.
  19. Typical, deflection, ad persona insinuatuon, clinging onto something not even mentioned in the discussion. This tactic has to work well for you. Your fellow partners must be proud of you. Biden wouldn't be able to run the show even if he was let to do so. He can't even run an unscrippted press conference or walk straight onto a staircase. You well know, what executive powers a US president has, and if those powers are not sufficient to use a phrase of "running the show" than what are. They certainly are, when compared to token presidents, such as German one. I've also m
  20. As long as US will step aside on many trade and regional meddling, sure it's possible as on the strategic layer it's good to have a muscle backing your daily reality, but EU, especially France nd Germany have much different interests politically and trade wise, than what US would see to fit them. Which country in EU now is a strong voice in terms of supporting US initiatives? It was difficult even during the Obama era, and you think that now, after Trump, and with volatile people becoming more prominent in US politics, this will be better? Biden is effectively a figure head, shelte
  21. He can't do s- with EU relations. Not until US will drop from the high horse position and start taking into account various EU sensitivities and areas of interests. Macron calls US cultural trends harmful, Angela has vested interests in making sure she can work with Russia in regards to natural resources and market for german automibiles and other equipment. A lot of EU is more interested in business with China and normalization in middle east, including improving relations with Iran. The only reliable puppet was until recently Poland with its currently rusophobic gove
  22. https://www.zerohedge.com/covid-19/covid-cases-are-spiking-dozen-states-high-vaccination-rates
  23. Hah... This will never happen, although I would like to see it. https://abcnews.go.com/International/putin-challenges-biden-debate-president-calls-killer/story?id=76539031 Putin just made a check mate move. Looking how long it takes for Biden to do an unscrippted press conference, we know he is in no mental shape for a debate. If he will take this up, he will get demolished by Putin. If he will not take it, he will look evasive and weak. How would anyone take such a leader seriously on the world stage? If they will try to push Kamala for the debate, they will
  24. So when is Biden about to reinstate the wall building policies? What's happening at southern border, when even Biden has to say in an ABC pieve, "don't come"?
  25. Even STEM careers are starting to look less of a birght path in the high cost locations. https://www.bloomberg.com/graphics/2021-opinion-optional-practical-training-problems-stem-graduates-deserve-better-jobs-opportunities/
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