Looks like Britain is about to enter into a major recession
- Thread starter Crazyhole
- Start date
Seek help.
It'll be quite a while before we see a ton of inflation in COL. I expect the opposite for quite a while, TBH.
Oh I know, but most of the inflation is being experienced in the stock market and crypto currencies right now. What's happening there is a far cry from what's happening to a gallon of milk or the cost of electricity. Gasoline is a different story altogether, but rising prices has nothing to do with devaluation of the dollar. For now.
They'll be forming a new monetary alliance with us, Canada, NZ and Australia shortly. Strange how life comes full circle.
Lol, that would be interesting.
I still think we should go back to the original concept of Bretton Woods. Currencies would sort themselves out if we did.
Oh lord no. An international trade organization that deterred countries from devaluing their currencies to gain an advantage. Not the IMF model that it became, the actual Bretton Woods proposal that Keynes suggested.
Shutting down the country and printing $$$ what could possibly go wrong. China is winning the cold errr ahhh Flu war.
Actually, coronaviruses are typically colds. Novel coronaviruses that kill, from a growing, developing Asia -- as they push into more and more undeveloped areas with indigenous populations that end up being supplanted -- have been a big issue the last quarter century.
This is just the 3rd large breakout, and the first to go beyond regional. There will be more, many more.
They've ran out of juice. Treasuries finally surged today, panic is setting in. I won't be surprised if we have a black Monday. It's going to be a sleepless weekend for wall street, lol.
This is the first time since the first of the year that the markets have actually started making sense.
Nah, gamestop is minimal and it's holding steady anyway. This is money moving into treasuries because they know shit is about to hit the fan and the smart money is bailing. Could be a 1,000 point drop today in the Dow.
Yeah it's getting really ugly out there. The market hasn't been this low since February of 2021.
Arbitrarily using the nasdaq? That's gonna be pretty transparent. The market was due a correction, that's what we are seeing. If you bought in the the S&P 500 30 days ago you are even.
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