Asia FX news wrap: Evergrande kicks off 2022 with more problems

Started by OZER, Jan 04, 2022, 07:41 PM

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Powell did the biggest blunder in recent history of monetary policy. Lagarde is worse but it's not a blunder in her case, it's intentional. Madam Inflation wants high inflation in the eurozone. Buy a car today because next year you'll pay 50% more. Lots of printing + lots of savings + pent up demand + supply shortages + investors hedging against inflation = there's no stopping in prices now. Germany planning to increase minimum wage by 25%.

All of these dumb experts in the comments smh. Clearly you know nothing about manufacturing an industry I've been in 25 years. Cutting staff does not mean loss of production necessarily. Every manufacturer has unproductive people on the payroll who bring nothing to the table who should be cut.

Maybe Musk is thinking that ordinary people will get a hard time because of the amock inflation.

He's right as usual.  Government overspending and controlling idiocy and Covid lockdowns plus money printing of recent years have messed us up badly.

zero chance as long as Fed is serving its masters on wall street - the Goldmans, the Morgans and the BlackRocks

Musk employees have to show up & justify their existence. Being a swashbuckler & risk taker you serve at his whim.



There is no recovery coming  until Bankers are willing to pay to hold our money , real interest rates without printing more money it happens in a flash crash it happens in a flash. 25 bases points  a month until we reach 5%  would do wonders !  Just sayin

19th century living standard incoming, lets go !!!

Musk: " Same thing we do every night, try to take over the world!"

4:04:30 You bring up coal being used for bitcoin mining yet you address bitcoin mining. Bitcoin runs on electricity. Not coal. Further, the bitcoin block difficulty scales with the network's hash-rate. That is to say it doesn't even need to use a ton of electricity. It only does so because people are greedy. People are also lazy, and so yes, they use coal. Wanna fix it? Tax the hell out of coal. Please. Full support. Increasing carbon taxes is a great idea. Changing the consensus mechanism of Bitcoin? Likely not even possible. Also! Have you heard of Klima DAO? :) Pretty cooooool.

Web3 Spark SPARK3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it#39s the safest altcoin ever. I am sure it will hit 10 bucks in no time.

Glad people are starting to agree with Austrian economist

Wow this is one of the worst s on economics i've ever seen. Almost everyone talking sounded like a complete idiot, and the  is filled with non-sequiturs. Terrible voiceover lines that make no sense as well. Does  now purposely produce actual garbage?