World economy talk

[Monseratto]

.................

[Athrunzala]

Dutch farmers form tractor blockade in 'massive' protest over nitrogen policy




The media doesn't want you to know this is happening.

[dr. d]

Dutch farmers form tractor blockade in 'massive' protest over nitrogen policy




The media doesn't want you to know this is happening.

imagine if it were to happen here,
napakahabang hilera nang kalabaw...
and kalabaws don't use comfort rooms...

btw,
i remember that porsche ad, when it serviced an old tractor of theirs.

[uls]

Dutch farmers form tractor blockade in 'massive' protest over nitrogen policy




The media doesn't want you to know this is happening.

their gov't is insane

they wanna shut down farms

there's a global food crisis and they wanna shut down farms

the insanity is ideology driven

[Athrunzala]

UK food supply 'vulnerable' after fertiliser factory closes permanently
UK food supply 'vulnerable' after fertiliser factory closes permanently


The deliberate shutdown of the Food Supply Chain continues...

[Athrunzala]

Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits

Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits


Magulo na talaga everywhere

[uls]

Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits

Chinese Bank Run Turns Violent After Angry Crowd Storms Bank of China Branch Over Frozen Deposits

those things stay in china

not our concern

what i'm concerned about are (going forward): food and fuel supply and PH dollar reserves

[uls]

july 5:

euro closes in on 1 USD

[uls]

there are EU countries with above 10% inflation

but the ECB cannot raise interest rates

coz there's too much debt

if interest rates rise, there will be defaults

so euro value needs to fall

europe is f#cked

[Monseratto]

[Monseratto]

The yen continued to fall against the U.S dollar Thursday in Tokyo, hitting a fresh 24-year low at the ¥139 level, as as a stronger-than-expected U.S. consumer price index raised prospects of aggressive rate hikes by the Federal Reserve.

The yen fell to its lowest level against the dollar since September 1998 after overnight data showed U.S. inflation surged to 9.1% in June from a year earlier, rising at the fastest pace in more than 40 years and exceeding the market consensus of 8.8%.

Dollar-buying by domestic importers for settlement purposes also pushed the yen down, dealers said.

Yen falls to Y=139 against the dollar, marking fresh 24-year low | The Japan Times

[Ry_Tower]

^^^

mas nauna bumaba prices ng edible oils (ask Sir Boybi) months ago pa

unlike wheat, corn etc very recent lang ung pagbaba

Mas mabilis reaction ng edible oils since we import them refined already.

Mga wheat, dadaan pa sa milling and processing before maging flour. So it takes time to react.

Still products made of wheat on't revert back to old price like edible oils. Kelan ka nakakita ng biscuits ni rebisco or monde na nagrollback. Same with noodles. Kahit bumalik pa sa old price yan, there won't be a rollback. That's my point. We distribute cooking oils, I know how volatile their prices can be.

[Stigg ma]

malupit ang parusa sa child support sa ibang bansa, dito sa baby factory ng pilipinas ay ang dami single moms na PROUD pa kahit wala sustento, yan ba ang majority eh catholics, puro perwisyo ang alam ng filipino

https://fb.watch/egxFoRZwzE/

[uls]

^^^

may libre child care sa pinas -- si lola

mga single mom pina-pa-alaga sa nanay ung anak para makapasok sila sa trabaho

[uls]

malupit ang parusa sa child support sa ibang bansa, dito sa baby factory ng pilipinas ay ang dami single moms na PROUD pa kahit wala sustento, yan ba ang majority eh catholics, puro perwisyo ang alam ng filipino

https://fb.watch/egxFoRZwzE/

3rd world tayo eh

years behind the developed world pagdating sa batas

wild west evolving towards civilized society

[uls]

ECB 50 bps hike

[uls]

well that was short-lived...

[Athrunzala]

[Monseratto]

Inflation begins to strain finances of young, low-income Americans | Reuters

[uls]

Inflation begins to strain finances of young, low-income Americans | Reuters

Look for the chart of Americans' savings rate

Wala na savings