Reply to: U.K. Economy Set to Avoid Imminent Recession

[BR14]

Have you seen how well Greece, Portugal, Iceland are doing lately? And all without printing a note. You seen when capitalism is obeyed, you get rekt and start fresh after hitting the bottom.

In the 1930's no wealth was created through printing. In the end, having something to offer such as labour, assets, those were the wealth creators. The long you put off capitalism from doing its thing the worse it'll become. The meaning being, the longer it'll take to recover.

CHARTS or nuffink.
we NEED CHARTS.
FFS

[scooterscot]

And the difference between US Debt and let's say Greek or Italian debt is what, exactly?

The US can devalue its currency to reduce its debt burden, Italy, Greece and the other PIIGS can't. That is why the Euro is a crap idea.

Have you seen how well Greece, Portugal, Iceland are doing lately? And all without printing a note. You see when capitalism is obeyed, you get rekt and start fresh after hitting the bottom.

In the 1930's no wealth was created through printing. In the end, having something to offer such as labour, assets, those were the wealth creators. The longer you put off capitalism from doing its thing the worse it'll become. The meaning being, the longer it'll take to recover.

[BrilloPad]

It's a chart, FFS man, A CHART!

[Zigenare]

Sorry I don't. Could Scooter graph it for me?

It's a chart, FFS man, A CHART!

[BrilloPad]

Another ex-squaddie thicko content-free post. See the pattern?

Sorry I don't. Could Scooter graph it for me?

[Zigenare]

Another ex-squaddie thicko content-free post. See the pattern?

Bootie dear boy, ex-Bootie.

You keep trying.

[sasguru]

Bless you, you really do try and for that you should be encouraged, not despised.

Another ex-squaddie thicko content-free post. See the pattern?

[Zigenare]

Amazing. The defence taken by the indigenous quitlings of their storming economic position that knows no limits is to deflect on those countries that are not matching.

What's the largest market in the world? Anyone? Perhaps the oil market at just $1.7 trillion? now thats bigger than any other commodities out there.
Do you know what is the largest market in the world?. The Bond market, there are over $300 trillion of global debt, and more than $200 Trillion of that debt is dollar-denominated.

Guess which EU country had been loading up on US-bonds like it was a fire sale? You guessed it, Tory government has been purchasing US-bonds with your tax money like there's no tomorrow.

Many are expecting the dollar to increase in value in the coming recession because that's what the smart money does, shelters under the umbrella of the dollar. But now the US bond market has reached a level where great losses will be felt by the slightest negative percentage shift. What would cause that? Is anyone looking.

There's a very good reason why Germany is not owning much US debt and for that matter repatriated their gold.

Here's the question no is asking. What if, what if the value of the dollar goes down instead up of in coming recession? The US Bond market would cause a global sheet storm not seen before since the late 1930's.

Why would it happen? There's a very good reason for it to happen, and it's all to do with the US this time rather than the rest of the world.

And the difference between US Debt and let's say Greek or Italian debt is what, exactly?

The US can devalue its currency to reduce its debt burden, Italy, Greece and the other PIIGS can't. That is why the Euro is a crap idea.

[scooterscot]

Amazing. The defence taken by the indigenous quitlings of their storming economic position that knows no limits is to deflect on those countries that are not matching.

What's the largest market in the world? Anyone? Perhaps the oil market at just $1.7 trillion? now thats bigger than any other commodities out there.
Do you know what is the largest market in the world?. The Bond market, there are over $300 trillion of global debt, and more than $200 Trillion of that debt is dollar-denominated.

Guess which EU country had been loading up on US-bonds like it was a fire sale? You guessed it, Tory government has been purchasing US-bonds with your tax money like there's no tomorrow.

Many are expecting the dollar to increase in value in the coming recession because that's what the smart money does, shelters under the umbrella of the dollar. But now the US bond market has reached a level where great losses will be felt by the slightest negative percentage shift. What would cause that? Is anyone looking.

There's a very good reason why Germany is not owning much US debt and for that matter repatriated their gold.

Here's the question no is asking. What if, what if the value of the dollar goes down instead up of in coming recession? The US Bond market would cause a global sheet storm not seen before since the late 1930's.

Why would it happen? There's a very good reason for it to happen, and it's all to do with the US this time rather than the rest of the world.

[Zigenare]

They aren't. This is the Spectator you're talking about. That's why many people, unlike you, invest in an a education, so they can make intelligent and informed jusgement on what they read, hopefully backed up by numbers and evidence.

Hint: Germany isn't really acting as if it gives much of a crap about Brexit. That's because it doesn't. Politicians are wising up to the fact that in most European countries polls suggest that people want the UK out. They've had enough of the frankly embarrassing UK shennanigans.

Bless you, you really do try and for that you should be encouraged, not despised.

[sasguru]

how could the experts be so wrong??



Germany’s ailing economy can’t afford a no-deal Brexit | The Spectator

They aren't. This is the Spectator you're talking about. That's why many people, unlike you, invest in an a education, so they can make intelligent and informed jusgement on what they read, hopefully backed up by numbers and evidence.

Hint: Germany isn't really acting as if it gives much of a crap about Brexit. That's because it doesn't. Politicians are wising up to the fact that in most European countries polls suggest that people want the UK out. They've had enough of the frankly embarrassing UK shennanigans.

[BrilloPad]

how could the experts be so wrong??



Germany’s ailing economy can’t afford a no-deal Brexit | The Spectator

West Germany took on East Germany easily enough.

[Zigenare]

how could the experts be so wrong??



Germany’s ailing economy can’t afford a no-deal Brexit | The Spectator

Scooty, we need a chart! Do the needful!

[vetran]

how could the experts be so wrong??



Germany’s ailing economy can’t afford a no-deal Brexit | The Spectator

[TwoWolves]

Don't worry, IR35 is sure to succeed where Brexit has failed.