Hopefully the US and/or China is not dumb enough to resort to war.
Dapat pala sa WW3 thread na ito. tsk
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March 12th, 2018 10:09 AM #61
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March 12th, 2018 11:43 AM #62from a fund manager's blog
Originally Posted by A121
i follow many fund managers so mahirap i-trace kung alin sa kanila hehe
maybe from Jeffrey Gundlach (founder of DoubleLine Capital)
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March 12th, 2018 12:16 PM #63Did some googling and it seems its from zoran gagic. Interesting views on this graph. Originally Posted by uls
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March 12th, 2018 12:26 PM #64 Originally Posted by A121
anyone who has any knowledge about the history of the dollar's rise
from bretton woods --> collapse of bretton woods --> US-Saudi petrodollar --> present day
will understand where i'm coming from
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March 12th, 2018 12:28 PM #65 Originally Posted by A121
it's also here
How Much Longer Will the Dollar Remain the Reserve Currency of the World? - Pragmatic Capitalism
a lot of people are using that chart
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March 12th, 2018 12:40 PM #66i welcome everyone to do their own research
read about when the dollar was convertible to gold and when the convertibility ended
read about the US-Saudi deal to only sell oil in US dollar which cemented the dollar as the world's # 1 currency
then read about how present-day China is convincing the Saudis to accept RMB as payment for oil
and to further convince the Saudis to accept RMB (since the Saudis don't really need RMB) China will allow RMB convertibility to gold (now that's a lot more convincing)
which explains why China has been accumulating gold in the past several years
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March 12th, 2018 12:49 PM #67we are still on topic coz this is about US politics
Trump wants to close the US trade deficit coz he says everybody's been taking advantage of the US
by selling more stuff to the US than buying
as i explained already, the US has to maintain a trade deficit with the rest of the world coz it is the supplier of dollars
if the US had zero trade gap with the rest of the world, that will mean NO DOLLARS left in foreign central banks
if Trump succeeds in closing the trade gap, there will be a shortage dollars
(and by the way, that will mean the rest of the world won't have much dollars to invest in US govt bonds)
the world will look for a substitute trade currency
which China will be more than happy to supplyLast edited by uls; March 12th, 2018 at 12:51 PM.
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March 12th, 2018 01:55 PM #68I see. Will have to check and read more on this. Originally Posted by uls
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March 13th, 2018 09:55 PM #69Tillerson, you're FIRED!!!
Trump ousts Secretary of State Rex Tillerson - Business Insider
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March 14th, 2018 08:33 AM #70Shouldn't have bad mouthed Russia.[emoji1] Originally Posted by Monseratto
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March 14th, 2018 10:30 PM #71
Meanwhile in Pennsylvania...
BREAKING: NBC declares Conor Lamb (D) the winner of Pennsylvania 18th Congressional District. The margin was razor thin.Last edited by Monseratto; March 14th, 2018 at 10:32 PM.
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March 19th, 2018 12:53 PM #77it's pretty obvious why Trump hates the investigation to uncover his links to Russia
how do Russian oligarchs / Russian mafia launder large sums of money?
by buying foreign real estate
ano ba business ni Trump?
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March 19th, 2018 03:02 PM #80
Reply With Quote
Originally Posted by A121
