Monitoring US Economy

[Trial By Fire]

He got banned from twitch the same day.

Incredible.

it's just a stove brah
>hatespeech

 

[HitmanBlood]

Incredible.

it's just a stove brah
>hatespeech

Global warming bro

 

[Trial By Fire]

The British Pound is falling off a cliff and will likely hit parity in the coming days.

It's not even just the pound. USD is sucking the blood out of every currency in the world.

 

[Roshan]

The British Pound is falling off a cliff and will likely hit parity in the coming days.

View attachment 173322

It's not even just the pound. USD is sucking the blood out of every currency in the world.

View attachment 173324

 

[Trial By Fire]

Hah, the Great Satan and its allies have just fucked over Germany big time; they don't want to suffer alone, so they made sure Germany suffers with them.

Anonymous German officials appear to acknowledge the strong possibility of American or NATO involvement. Due to the timing, the fact that three separate pipelines were affected, and the severe pressure losses in Nord Stream 1, officials expect the worst. “We can no longer imagine any scenario other than a targeted attack,” said a person privy to the assessment by the federal government and federal authorities. They added: “Everything speaks against a coincidence.”

Such an attack on the seabed would be anything but trivial; it would have to be carried out with special forces – for example, by navy divers or a submarine, people informed of initial assessments said.

With regard to responsibility for the alleged attacks, two possibilities are being discussed. First, according to initial speculation, Ukrainian or Ukrainian-affiliated forces could be responsible. With the temporary shutdown of the Nord Stream pipelines, gas deliveries from Russia to Germany and Central Europe would only be possible via the Yamal pipelinje running through Poland or the Ukrainian pipeline network.

Swedish state media reports that Danish and Swedish monitoring stations recorded two substantial undersea explosions at the sites of the gas leaks, one at 2:03 am Monday morning, the other at 7:04 pm Monday evening. This is now a confirmed attack, if there was ever any doubt.

Both Nord Stream 1 pipes have been ruptured, as well as one of the Nord Stream 2 pair. Germany has just been fucked beyond measure by The Great Satan and the NATOcucks.

Winter is coming.

 

[Trial By Fire]

Around 6 months more left before US petro reserve goes to zero.

 

[Tiwariji]

The British Pound is falling off a cliff and will likely hit parity in the coming days.

View attachment 173322

It's not even just the pound. USD is sucking the blood out of every currency in the world.

View attachment 173324

That's how they controll inflation by exporting it to other countries . Now dollar value is more . They can buy their stuffs from china and gulf paying less amount . But other countries ll have to pay more to import their essentials . It's a great privilege they have .

 

[Roshan]

 

[Trial By Fire]

View attachment 173582

Simply speaking, what's taken place is this:

A bond is an IOU. They sell these for funds now and the IOU gets payed back later. What's changed now?

Well, no one wants UK bonds anymore because they know the UK is collapsing and people don't give loans to homeless bums (the UK government). So the Bank of England will print money and buy IOUs from the government.

Problem is, the currency is worthless. Printing more is just a way to loot the people even faster. With BOE buying UK bonds while *raising rates*, the pound is set to go below 1:1 while UK companies' costs balloon

You know what this means? UK Pension funds will become insolvent while UK cannot meet rising import costs, mortgage rates flying through the roof leads to homeowner payments exceeding what they can afford.

If you thought the 2008-2020 stagnation was bad, boy Oh boy. This crisis will tear the assholes of the Brits as bad as the IRA did. It's gonna be Black Wednesday all over again.

 

[Blademaster]

If you thought the 2008-2020 stagnation was bad, boy Oh boy. This crisis will tear the assholes of the Brits as bad as the IRA did. It's gonna be Black Wednesday all over again.

Sorry to all those Indians living in the UK but I am simply popping a bottle of champagne and drinking to that.

 

[ezsasa]

Simply speaking, what's taken place is this:

A bond is an IOU. They sell these for funds now and the IOU gets payed back later. What's changed now?

Well, no one wants UK bonds anymore because they know the UK is collapsing and people don't give loans to homeless bums (the UK government). So the Bank of England will print money and buy IOUs from the government.

Problem is, the currency is worthless. Printing more is just a way to loot the people even faster. With BOE buying UK bonds while *raising rates*, the pound is set to go below 1:1 while UK companies' costs balloon

You know what this means? UK Pension funds will become insolvent while UK cannot meet rising import costs, mortgage rates flying through the roof leads to homeowner payments exceeding what they can afford.

If you thought the 2008-2020 stagnation was bad, boy Oh boy. This crisis will tear the assholes of the Brits as bad as the IRA did. It's gonna be Black Wednesday all over again.

how come UK forex reserves average only about 100 billion $?
is it the case that, for them foreign exchange is available so freely that they don't need to maintain huge forex?

 

[Roshan]

how come UK forex reserves average only about 100 billion $?
is it the case that, for them foreign exchange is available so freely that they don't need to maintain huge forex?

how much trade happens in the GBP?

 

[Trial By Fire]

how come UK forex reserves average only about 100 billion $?
is it the case that, for them foreign exchange is available so freely that they don't need to maintain huge forex?

It all began with Tony Blair, who apart from all his other genius decisions, also enabled the selling off of Britain's Gold reserves at massively below market value to the big banks, hugely harming Britain's economy and starting the runaway inflation in food, energy and housing costs that they are still suffering from today.

Since then, it simply hasn't been a priority for them to build FX reserves. The Bank of England, which controls the reserve, has let it decline for 12 straight months, according to their own data.

Which would make sense. They are keynsians and want a cashless slave society, having reserves is irrelevant for them. They want a closed monetary system where you can't buy gold anyway or any other foreign currency.

If you come with that retarded mindset gold or FX reserves become irrelevant anyway.

 

[karn]

It all began with Tony Blair, who apart from all his other genius decisions, also enabled the selling off of Britain's Gold reserves at massively below market value to the big banks, hugely harming Britain's economy and starting the runaway inflation in food, energy and housing costs that they are still suffering from today.

Since then, it simply hasn't been a priority for them to build FX reserves. The Bank of England, which controls the reserve, has let it decline for 12 straight months, according to their own data.

Which would make sense. They are keynsians and want a cashless slave society, having reserves is irrelevant for them. They want a closed monetary system where you can't buy gold anyway or any other foreign currency.

If you come with that retarded mindset gold or FX reserves become irrelevant anyway.

But how .. UK is an island that imports everything that you see on grocery shelves.. No foreign reserves no imports. Slaves still need to eat.

 

[Trial By Fire]

But how .. UK is an island that imports everything that you see on grocery shelves.. No foreign reserves no imports. Slaves still need to eat.

That's the thing, they think or hope they can subdue the people on charges of "extremism" or "domestic terrorism" when the shit really hits the fan. That's why you see the British police acting more and more like a paramilitary wing of the corporate elites with each day. They hope to demoralize the public to the extent where they don’t protest against their own oppression.

Whether it'll succeed or not remains to be seen.

It is undeniable though, that now the West Yurop is on a straight course towards being bunch of piss-poor countries that lack farmable land for their own people (open markets means producers will likely sell to highest offers, usually germany), imports everything technological from China and has a gross majority of entitled retard zoomers that lack basic utility to self-sufficiency.

Civil wars and riots will erupt over prices and both the EU and UK will implode over food producers, rich food importers and poor countries that call for humanitarian aid.

 

[dfcool]

These people graduate from top economic schools and give this bullshit advice.

US people financially will be destroyed in next 20 yrs, by Liberal media.

Look at inequality

 

[Trial By Fire]

These people graduate from top economic schools and give this bullshit advice.

US people financially will be destroyed in next 20 yrs, by Liberal media.

Look at inequality

View attachment 173654

Of course.

>We're in a recession
>Here's why that's a good thing
>10 ways a depression could be really good for you
>Here's why total collapse is a good thing.

 

[Trial By Fire]

Meanwhile, the ride into hell ain't slowing down anytime soon:

This was the worst time The Great Satan could have screwed with the Germans by blowing up their pipelines. The Germans are about to be BTFO without even any lube. They have literally hit rock-bottom. WORSE THAN WW2. They aren't even involved in any kind of a small skirmish now, leave alone a World War and are worse off now than they were then.

 

[karn]

Meanwhile, the ride into hell ain't slowing down anytime soon:

View attachment 173658

View attachment 173659

This was the worst time The Great Satan could have screwed with the Germans by blowing up their pipelines. The Germans are about to be BTFO without even any lube. They have literally hit rock-bottom. WORSE THAN WW2. They aren't even involved in any kind of a small skirmish now, leave alone a World War and are worse off now than they were then.

One thing Germany should focus on now is to ensure that everyone that's looking for a seat in an arts University should get one .

 

[Trial By Fire]

One thing Germany should focus on now is to ensure that everyone that's looking for a seat in an arts University should get one .

LOL, I see what you did there