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

[panh]

Musk has a better handle on the American economy. Much better than the talking heads on this network.

[P0RC]

Trimming the fat from TESLA becomes a negative by the Traders but a positive by the Investors.

[Prg]

never. Wrong answer.

[roux]

Ok, the dude talking about hamster coin hasnt got the slightest clue as to whats happening here. Eth replacing Bitcoin is like saying that a car could replace a washing machine.  And then he goes on to complain about coorperations, banks, and wall street making money off of this, of course he is right, they are and will continue to just like they did with everything else. Of course he does not mention the many lives that were changed for the better due to the tech, many of which had next to nothing before they found crypto, and the many that will be change simply because of the access they will gain to the global financial system of the future. There will always be those who seek to capitalize on anything they can.  And then he complains about fees, yea coinbase might be a bit expensive, but the crypto exchanges are just a small part of the over all industry, and I don't think he has the slightest clue as to what this industry is. The exchange is simply an on ramp, once you are on, and move off exchange, there are no more third parties to deal with. The fees you pay on the blockchains go to the ones who support the networks, which is a widely diversified population as opposed to a few CEOs or bankers or wall street elites. This industry provides opportunity for anyone and everyone who decides to come in.  And no, it will not ruin the dollar, there are many reasons why this tech could help boost the dollar in the years to come. If the dollar fails, the most likely reason for this will be the goverment itself. The United States needs to get ahead and stay ahead in the crypto industry if it is going to keep its place, its monetary dominance in the world.

[Cach]

hour. That helps no one, except the rich, of course.It doesnt matter if unemployment is at zero if the majority of people are making $7

[xmer]

This guy told everyone to buy lyft before it dumped. He doesn't know..

[red]

hour. That helps no one, except the rich, of course.It doesnt matter if unemployment is at zero if the majority of people are making $7

[aba]

Simple, start raising interest rates at a slow, steady rate

[eto1]

Stop pumping too much money economics 101  And let people live there life's

[vorn]

Absolutely nothing mentioned about the monetary supply.  Not a single peep.    I guess all those economists who used to teach that inflation is "Too many dollars chasing too few goods" no longer exists..  Monetarism is closely associated with economist Milton Friedman, who argued, based on the quantity theory of money, that the government should keep the money supply fairly steady, expanding it slightly each year to allow for the natural growth of the economy.  Monetarists argue that if the Money Supply rises faster than the rate of growth of national income, then there will be inflation.   I guess when the 1970's inflation rate returns in 2020's, monetarism will be in favor again.

[Pjaj]

EU countries need to decouple from China.When will these companies learn? Move manufacturing out of China. To Vietnam, Mexico or somewhere else, becuase this will keep happening. Now imagine of China invades Taiwan. How badly that ll mess up the supply chains. US

[Ugly]

he sounds like he may still be very rich.... good boy!

[Yumm]

We have $5 gas and 10% inflation. And the dems thinks that good. Put things back the way it was when Trump was president

[laic]

NO!  How other than stop printing money and wasting money on unproductive military expenditures?

[they]

brNormal investments are made in stocks and bonds all over the world (investing abroad is much better, by the way). Low-risk investments are solid bonds and solid companies with low growth, low debt, and low pe ratios that pay a lot of dividends. Nothing else. Using the money you cannot afford to lose to buy crypto is just idiotic.