USD Breaking News: U.S. Dollar Fades on ISM Manufacturing PMI Miss

Started by OZER, Jan 04, 2022, 07:44 PM

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There is still a way up. Next crash will be not before the winter Olympics start. Connect the dots... it makes sense.


10:44 the arrogance of this guy,  get off your phone how disrespectful to the man sitting directly behind you can you be. you know the camera is on so do you not conduct yourself with the the professional dignity your job deserves. he has disrespected the people he works with and himself.


-NPU0YNuq2Eyoutu.beThis is why Deagle predicts US population will be down to 100 million in the next few years. Economic and monetary collapse. https:


As Peter Schiff would say, you cannot put the inflation genie back into the lamp.

Inflation was always there, it was just hidden with low cost goods.  Try comparing a Lawnmower from the 70s that was proudly made in America to one that is created today made cheaply in China. The older Lawn mower is built to last where as the one made today would break in a couple of years (by design so customer has to buy a new one).  This is how China has become a super power because to hide inflation the super rich in democratic countries in the world, outsourced labor to China to make cheaper goods.  It is all so the super rich dont have to pay much for workers.  Keep goods and services cost low, keep pay low, keep taxes low. If anything disrupts this mantra, it would result in less money for the super rich.  Now that China has become so powerful that they can now start charging more for their goods, it means the super rich of the democratic countries that used China for cheap labor has no choice but to pass the cost on to their working class.  Its also the reason for the trade war with China, and moving cheap labor to South East Asia, war torn countries like Pakistan, or slave like labor (Blood Diamond like operations) in Africa.     Inflation exists because of greed.  Greed is not going anywhere.

How can inflation exist in a zero interest climate where wages are stagnant? Sorry, being Australian I don't get that (Australia is big but our economy is medium sized).  It's different here. We have all the above but we are having a stupidly wild housing market - everywhere.  People are greedy & stupid, rates will rise. When the US ups it's interest rates, a lot of Australians will learn that a $1,000,000 loan on a $120,000 income is not wise.

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So many opinions in the  and in the comments, and it's like, does anyone truly know what's going to happen?

It's funny how  is always the last to.know when the economy has turned for the worse


Answer:  no.  Inflation 7%  once it starts and gains speed it cannot be slowed or stopped and could run for 6 - 8 years.