Darkpriest
-
Posts
1394 -
Joined
-
Last visited
Content Type
Profiles
Forums
Blogs
Posts posted by Darkpriest
-
-
-
28 minutes ago, BruceVC said:
Thats good news, now what about Russias friends in Africa who are going to be suffering from famine
Is Putin going to end the Black Sea naval blockade, thats more important than getting energy from Russia because their are alternative sources and supplies of energy like oil but not the amount of wheat that cant leave Ukrainian ports?
Got this, but I have not been looking at food recently in details, so i would not say it's 'checked'. Autumn carnage is guaranteed same as next years food inflation.
I'm more focused on credit and equities recent days plus energy.
-
1
-
-
On the gas front, this might be more interesting for you.
-
1
-
-
I wonder what was discussed unofficially with Zelensky.
Germany will be having issues should gas flow fall further.
I'm sure our German speaking friends might translate this better than me providing some broad summary
-
1
-
-
Once this hits more pundits in the face, especially once midterms will be closer and dems will be grilled over spending on foreign affairs and arms instead of helping fight off recession, UA is lost.
-
Ehhh, even Reuters starts to get it that this will be a rather trying season...
https://www.reuters.com/markets/europe/market-meltdown-lays-bare-europes-divisions-2022-06-16/
-
4 hours ago, Mamoulian War said:
Different view on inflation data and rise of costs of living for EU, than from your sources.
ECB has released few days ago a prediction for next 3 years, and the outcome, with all of the **** hitting the fan around with covid and russia, is not that dark, as your sources predict. TLDR:
Inflation is projected to decrease to 3.5% in 2023 and 2.1% in 2024.
I will just point out to ECB or FED last year talking that the inflation tick is transitory... Or just how often they have been revising their prognosis... Problem is, ECB cannot say in their forecasts with current policy anything different that inflation will come down etc. because they would oppenly admit they are breaking their mandate...
I smirked at todays emergency panic meeting, which was a nothing but admiting ECB is cornered between tightening policy and mking sure that fragmentation in bonds will not break up EUR. They've mentioned that they will create a tool, yet no details on it at all... No agreement on the emergency meeting...
-
-
5 minutes ago, BruceVC said:
I like the new Pope and he genuinely means well but he is not an economist or a politician and he has said things in the past I dont agree with or are not accurate
For example he has often made comments that Capitalism just creates inequality and profitability is about greed when in fact profitability is a measurement of good corporate governance and is critical to both a country and any business being sustainable. For example if every company runs at a loss you wont collect much tax and your economy will collapse so profitability is not a bad thing but it cant be at the expense of labor laws and basic human rights
Would you also agree with the Pope when he said a month ago that the Russian Orthodox Church " mustnt become Putin's altar boy" and Francesco also criticized Kirill for "approving the stated reasons of Russia for the occupation of Ukraine"?
Would you agree he is right about those comments about Putins War?
I do not think it is inaccurate and inconsistent from other ones of his.
As he said, it's much more complex.
-
1
-
-
EU simply has no money to give and EUR zone will have very soon a very real soverign debt issue.
US is not much better, especially if FED will hike 75 or a shocking 100 today to try contain the inflation.
At least everyone was happy when they were locking people down when it was no longer needed (anything from Nov 2020 onward) and printing money to give stimmies nd other hand outs....
-
1
-
-
It's rare for me to say this as faith and logic/numbers are usually quite far apart, i do agree with Pope's assessment. There are trends of oversimplification to have people feel good and be able to easily be on the good side of the good vs evil, but the real picture is rarely if ever that simple and there are a lot of various interests at play.
-
3 hours ago, BruceVC said:
I love your definition of Putins War
Its the fault of the West because they pushed Ukraine to believe it was a sovereign country and that led to poor, innocent Russia invading Ukraine ....Russia is clearly the victim here
Its a great story and makes perfect sense if we lived in a world where international borders dont matter and where citizens dont get to decide their own future through free and fair elections
You've just provided example, that US would feel threathened should Mexico invite Russians to build bases like the ones they just got approved to deploy in Nicaragua.
I'm not saying that Russia was right to wage war, however you should also not dismiss their concerns, especially when something as simple as agreed Minsk accords were not followed through by UA side for so many years. I'm saying, that US and UK diplomats are ****, and have no idea how to run a diplomatic discourse...
US is also doing a similar mistake around Taiwan. China clearly stated that weaponizing Taiwan will lead to escalation, and US is even more hypocritical, as they mention they agree with One China policy, yet on the other hand they want to support Taiwan on its own?
-
1
-
-
Something I've missed earlier or skipped due to how odd politicaly it would be, but it grabs an attention now as a possible vector to change politics in Asia.
-
Well... with a few more days like today and some shock in the economies/markets in the West, the Ukraine topic will vanish by the end of the month...
https://www.zerohedge.com/markets/carnage
I still keep my view that it will be post Q3 earnings and forward guidance season, which will create a true economic and social turmoil, but it might be an interesting summer ahead as well.
Ukraine will be a sacrifice on an altar of trying to look strong agains a Russian bully, and this geopolitics is 80% fault of incompetent UK and US admins, which pushed Ukraine towards conflict by giving a false sense of security (as they needed to look strong and deflect politics from domestic issues) . Instead, should UA recognize and implemented original Minsk accords (autonomies of regions within UA) and accepted no NATO access condition, they would be much better off and we also in the West would be much better off economically.
Now Ukraine will be devasteted in whatever state the stalemate will stabilize (most likely a whole south-east lost), with its economy crumbled, no EU access and no financial aid. Militarly they will also be depleted with 0 chances for NATO access. The large amount of freebies are not coming, amd thdir own stockpiles are runnig near depletion. (other than munitions, resources need to be conserved https://www.reuters.com/business/energy/kyiv-suspends-exports-ukrainian-gas-coal-fuel-oil-2022-06-13/)
-
1
-
-
-
Russiana deploying closer to US.
https://www.cbsnews.com/news/nicaragua-gives-permission-for-russian-troops-to-enter-country/#app
I wodner what would happen, if Mexico would allow Russian bases.
-
1
-
-
1 hour ago, Elerond said:
After Taliban took control in Afghanistan Western Countries have given it 2 billion dollars worth humanitarian aid (food, water, medicine and other basic need products)
After bombing it, and stealing assets, which would allow to invest in proper infrastructure? (Not that it would help as it seems no business wants to go there after such a great retreat of US from that country and no deals securing assets on site)
Lets look at other great places of US interventions in ME and Africa in the last 30 years and how well they are doing after those.
-
35 minutes ago, BruceVC said:
I generally dont respond to whataboutism but where is the West currently weaponizing famine and starvation?
Afghanistan
-
2
-
-
5 hours ago, BruceVC said:
The way Russia is weaponizing famine and starvation is truly reprehensible, I cant say its a new low because I already raised this point
Black\brown people really dont have any friends in Russia unless its suits the Russian political or economic narrative
Like they have in Western countries when it does not fit them?
-
I forgot to link earlier this segment, which broadly and indirectly explains why there will be no ramp up of production in oil/gasoline in US and by extension in the broader West. Those dimwit politicians and their opinion is not worth the paper they write it on or tape they are recording on (and in the current age, that says a lot)
-
1
-
-
3 hours ago, Chilloutman said:
thats a lot of talk, try buying dollar on streets and you will see how well their ruble stands
If I recall, they progresively make it easier to keep foreign currency and trade for it.
I am a fair distance from Russia and last time i had a contact from a trusted friend in Russia was in my DotA days...
-
Seems Rusia is well in control of their currency and prices in their economy.
Now, the real impact will be in GDP and availability of some goods and services. Question is, will they care and how much will they?
-
The Ukraine topic will vanish from the front of media attention, midterms in US, so economy and inflation will be fron and center there. Expect a turmoil on EU borders due to migrants, plus internally high costs of living, high food prices and energy costs and PIGS going into economic, debt related issues again
Today's market summary... Tic-toc-tic-toc... Countdown to October/November ticking.
https://www.zerohedge.com/markets/soaring-cpi-crushes-peak-inflation-narrative-sparks-global-turmoil
-
I wonder what our US friends think of this view.
https://realinvestmentadvice.com/social-security-whistling-past-the-96-trillion-graveyard/
It's largely within my predictions view as the changes to demographics and workforce participation have been not really in line with economy growth built on perpertual debt and a vision that you can borrow more and more currently and expect to offset it with future revenues.
Economy started looking more like a Ponzi scheme and you milk while you can and invest in hard, tangible assets.
Ukraine Conflict - "History never looks like history when you are living through it."
in Way Off-Topic
Posted
I'm not sure, if this is smart and what is the point of making lifemore miserable for people living in Kalinsgrad area. Seems like goading Russia. Sanctions on that part have zero impact on Russia, but have impact on regular people there, and give an ample reason for Russia to treat this as a hostile action and goad them to invade baltics...
https://www.zerohedge.com/geopolitical/eu-just-implemented-risky-anti-russia-measure-could-trigger-ww3-few-are-taking-notice