Financial topics

Investments, gold, currencies, surviving after a financial meltdown
John
Posts: 11501
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: Financial topics

Post by John »

Higgenbotham wrote: > If China sells Treasuries, I think the initial move in this
> environment would be for the dollar to go up. The reason is that
> China is selling Treasuries because their economy is weak. On the
> other hand, let's say the Chinese economy was quite strong and
> strengthening and they made a decision to sell Treasuries because
> the US economy is weaker than the Chinese economy. Then I think
> the immediate reaction to that announcement would be for the
> dollar to go down.
I look at it as quantitative easing in reverse. In QE, the Fed
purchases bonds, and pours out money, which increases the supply of
dollars outside the Fed and weakens the dollar.

If China sells bonds, then it sucks up money, which reduces the supply
of dollars outside China, and strengthens the dollar.
vincecate
Posts: 2403
Joined: Mon May 10, 2010 7:11 am
Location: Anguilla
Contact:

Re: Financial topics

Post by vincecate »

John wrote: I look at it as quantitative easing in reverse. In QE, the Fed
purchases bonds, and pours out money, which increases the supply of
dollars outside the Fed and weakens the dollar.

If China sells bonds, then it sucks up money, which reduces the supply
of dollars outside China, and strengthens the dollar.
If China sells to the Fed it is normal QE and the money supply goes up.

If China sells to someone else China will use the money and the previous owner of the money will not use the money. There is no increase or decrease in the amount of money.
Higgenbotham
Posts: 7984
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

I agree it is like QE in reverse in this case because the Chinese will likely use the dollars to wipe out excess debt that is imploding. Or use them to try to shore up their stock market in which case they'll disappear anyway.

On the other hand if the Chinese economy were strong and strengthening they would use the dollars to continue to expand their bubble. Put it into a mining or infrastructure project or something like that.

In the first case the dollars would be used to facilitate the removal of leverage and in the second case to increase leverage would be the most concise way to put it.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Higgenbotham
Posts: 7984
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

This relates to the news thread and whether White Americans will be able to survive this collapse. It's pretty clear to me that they don't have what it will take. Their only skill lies in destroying what little is left of the topsoil and other natural endowments.

I've modified my opinion quite a bit over the past 2 years and now believe there will ultimately be very few survivors from the core industrial civilizations after this collapse takes place and it winds down to the bottom. I think humans will be forced into a primarily hunter gatherer or nomadic existence and the only industrialized humans who will survive will be those who are found useful to the hunter gatherers or nomads who predominate after it hits bottom. Current humans in a good position to survive and prosper after the collapse are the tribes in the Amazon who still hunt with blowguns as their ancestors did centuries ago or the descendants of the Mongols who still live a nomadic life on horseback as their ancestors of centuries ago.

Guns and ammo and meals ready to eat will allow some to avoid the initial death wave that takes the bulk of the population.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

The other views of Kantian ethics, natural rights theories, and religious ethics all
agree that there are many circumstances when maximizing utility would be wrong.

http://philosophy.lander.edu/ethics/kant.html

Hence we have the family, the "society" of a man's house - a society very small, one must admit, but none the less a true society, and one older than any State.
http://w2.vatican.va/content/leo-xiii/e ... varum.html
Consequently, it has rights and duties peculiar to itself which are quite independent of the State.

The state has no claim on my capital, to sieze capital to murder the unborn in any stage to the states preface of morals.
Dues are separate issue.

The seven Noahide laws as traditionally enumerated are
1.Do not deny God.
2.Do not blaspheme God.
3.Do not murder.
4.Do not engage in incest, adultery, pederasty or bestiality, as well as homosexual relations.
5.Do not steal.
6.Do not eat of a live animal.
7.Establish courts/legal system to ensure law and obedience.

Since the veil in the second Temple was rent top to bottom we have no excuses since the price was paid for us.

Psalms 24:1 "The earth is the LORD's, and the fulness thereof; the world, and they that dwell therein."
God says it's all His! Are you a creation of God or a creation of Caesar?

You are under no sanction to obey Evil. The price was paid for us.

Your are correct to the log three funtions we witness.
We all make mistakes. Move forward and preserve what was given to us.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

From another:
I own a business. Let's not forget the staggering fact the US Government forces itself upon me as my silent partner and demands more than 40% of my profits as protection money. Don't pay it and they come looking for me. Resist being put into a cage and they kill me.

You're angry about your lack of a raise? How about being put into a rape prison or killed because you are successful, have created something from nothing, hire people, utilize goods and services from the local economy, and (used to) be a part of making America great.

The general population has been brainwashed to hate me for my earned success and the positive things my efforts have brought to the economy. OK, good then. A million small business owners such as myself have basically gone Galt. Do the minimum to get by, refuse to expand. F&ck it.

There will be no recovery. And many of you deserve what is coming down the pike.
=========================================================================================================
I sold mine when it was obvious as they walked in and locally said 25,000 or else on top of or else already.
Some time ago, but I just moved 50 miles and went digital until we knew the future of that also.
Small hat, some cattle and smell like smoke talking to the actual gatekeeper when its all over.

They are deploying formulaic Keynesian incantations about an allegedly incomplete and fragile recovery to continue to pleasure Wall Street speculators with several more months of free carry trade funding, and by every indication several more years of money market rates that are tantamount to zero. http://davidstockmanscontracorner.com/t ... on-savers/

Asset strippers will print until it implodes. Caeser is dead. And they still have the balls to insist hand over your children so we can
educate them. No, hire starving grad students to fix the damages. Differences in people assert five different ways they learn.
Other models convey 7 which does merit attention for those services.

http://web.stanford.edu/class/ed269/hplintrochapter.pdf
Last edited by aedens on Sun Aug 30, 2015 9:29 am, edited 2 times in total.
John
Posts: 11501
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: Financial topics

Post by John »

Higgenbotham wrote: > This relates to the news thread and whether White Americans will
> be able to survive this collapse. It's pretty clear to me that
> they don't have what it will take. Their only skill lies in
> destroying what little is left of the topsoil and other natural
> endowments.

> I've modified my opinion quite a bit over the past 2 years and now
> believe there will ultimately be very few survivors from the core
> industrial civilizations after this collapse takes place and it
> winds down to the bottom. I think humans will be forced into a
> primarily hunter gatherer or nomadic existence and the only
> industrialized humans who will survive will be those who are found
> useful to the hunter gatherers or nomads who predominate after it
> hits bottom. Current humans in a good position to survive and
> prosper after the collapse are the tribes in the Amazon who still
> hunt with blowguns as their ancestors did centuries ago or the
> descendants of the Mongols who still live a nomadic life on
> horseback as their ancestors of centuries ago.

> Guns and ammo and meals ready to eat will allow some to avoid the
> initial death wave that takes the bulk of the population.
I describe myself as the gloomiest person in the world, so I'm always
surprised when you describe a more dystopian future than I do. I see
that your two years in the cave have pushed you even further in that
direction.

I would hardly describe my own view of the future as optimistic, but
apparently it's more optimistic than yours. As I've said many times,
I expect the war to kill some 3-4 billion people from nuclear weapons,
ground warfare, disease and famine, leaving 3-4 billion people to
rebuild the world. There will still be many universities and research
centers around the world that will survive, at least partially, and so
even in the worst scenario, the world will be well past the
hunter-gatherer stage within 5 years or so.

Even the United States will mostly survive. There may be no
electricity or running water for a couple of years in the big cities,
but almost all rural areas will be liveable. There will be gangs
going around killing people, but that's no different from the
aftermath of any war that doesn't end the world. And unless Donald
Trump starts a war with Mexico, there may not even be much of a ground
war on American soil, unless a billion Chinese learn how to swim long
distances.
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

Current.
http://www.ips-dc.org/spent_nuclear_fue ... f_storage/

No way it can recover.
According to the Congressional Research Service (using NEI data), there were 62,683 metric tons of commercial spent fuel accumulated in the United States as of the end of 2009

Current data is sparse and the cartel money has assured annialation when the grid fails. We just recently missed a solar kill shot.
Some reports indicated dire facts to repairs. Mainiacs run the show since Johnson.
John
Posts: 11501
Joined: Sat Sep 20, 2008 12:10 pm
Location: Cambridge, MA USA
Contact:

Re: Financial topics

Post by John »

aedens wrote:Current.
http://www.ips-dc.org/spent_nuclear_fue ... f_storage/

No way it can recover.
According to the Congressional Research Service (using NEI data), there were 62,683 metric tons of commercial spent fuel accumulated in the United States as of the end of 2009

Current data is sparse and the cartel money has assured annialation when the grid fails. We just recently missed a solar kill shot.
Some reports indicated dire facts to repairs. Mainiacs run the show since Johnson.

Chernobyl Sarcophagus

Image

http://chernobylgallery.com/chernobyl-d ... rcophagus/
aedens
Posts: 5211
Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

"The incident is currently under control and cooling operations are ongoing," it said in another tweet later in the afternoon.

Saudi Aramco, the world's largest oil company in terms of crude production and exports, released a statement confirming the fire at the residential complex, adding that the incident was being investigated.

No accidents exists.
==========================================================================================================
Chernobyl is still not understood. It is off the social scale and off the cultural scale” – Sergii Mirnyi

Overall, an estimated 600,000 – 1 million workers, including scientists, miners, and Soviet military conscripts, participated in the Chernobyl cleanup efforts. The plaque on the monument is inscribed “To those who saved the world.”

Hope to God also next time in advance when a kill shot flare misses us again. No way to recover.
Post Reply

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 11 guests