tag:blogger.com,1999:blog-34323687.post3385317081577325176..comments2024-03-28T12:22:11.704+00:00Comments on Macro Man: We smell smokeMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-34323687.post-58618461818626913572018-09-06T01:32:40.084+01:002018-09-06T01:32:40.084+01:00BREAKING NEWS: USD Currency Collapse
China Causes...<br />BREAKING NEWS: USD Currency Collapse<br /><br />China Causes The USD To Fall?<br /><br />USD Dollar Drops 50% In Value Overnight?<br /><br />Hey there<br /><br />I don’t know you have heard this yet…<br /><br />But the USD Dollar is on the verge of collapse.<br /><br />In fact since 1973 it’s been on a downward trend…<br /><br />Dollar-Index-Past-Forty-Years<br /><br />USD national debt is at an all time high and now financial experts are saying that China is starting to sell their debt holdings to the secondary market.<br /><br />This means it won’t be too long until the USD crumbles in value!<br /><br /><b><a href="http://www.mobilethemesworld.com/2018/09/05/cbs-best-financial-survival-product/" rel="nofollow">>>Watch This Video To Learn More<<</a></b><br /><br />I don’t want to be the bringer of bad news, but this is seriously not good for the US since we already have domestic problems of our own, such as immigration and unemployment.<br /><br />Our economy can not withstand another hit.<br /><br />This time the USD might actually collapse.<br /><br /><b><a href="http://www.mobilethemesworld.com/2018/09/05/cbs-best-financial-survival-product/" rel="nofollow">>>Watch This Video To Learn More<<</a></b><br /><br />Make sure you watch it before it’s taken offline.<br /><br />Speak soon.<br /><br />[Mr Mark Fidelman]Socialfuelhttps://www.blogger.com/profile/03764983581853760465noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-22842420217907459632011-05-10T23:10:13.538+01:002011-05-10T23:10:13.538+01:00LB
Those TBills now look like getting a bit more i...LB<br />Those TBills now look like getting a bit more interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-6894259906927707532011-05-10T20:03:19.807+01:002011-05-10T20:03:19.807+01:00Today certainly looks like a beginning of the inev...Today certainly looks like a beginning of the inevitable retracement for the USD, with commodities making their predictable bounces and anyone silly enough to stay short being squeezed. A classic exit rally in progress, surely only the truly unwary and frequent visitors to Peak Oil, GATA, Dollar Apocalypse and Chicken Little blogs will initiate new positions here. <br /><br />Another good day to sit and count your toenails, and watch dividends and T-bills... zzzzzLeftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90641536781504174882011-05-10T19:23:26.083+01:002011-05-10T19:23:26.083+01:00After the commodity selloff today looks like a res...After the commodity selloff today looks like a reset day with Greece being relegated to a what is that to with us role.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-45303364348685671582011-05-10T18:46:04.825+01:002011-05-10T18:46:04.825+01:00The 2008-style unwind would probably require somet...The 2008-style unwind would probably require something really sinister happening to Spain - sinister enough for the core countries to not be able to manage the bailout. Otherwise, I'd say we might either have a 2010-moment or no collapses at all, if the system is reconstructed (or deconstructed) in an orderly fashion.<br /><br />Not that I have much faith in the latter, as European politicians consistently demonstrate considerable talent for collective screw-ups.Sidhttp://rene-korda.livejournal.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-23180285827559461752011-05-10T18:44:03.273+01:002011-05-10T18:44:03.273+01:00This comment has been removed by the author.Rene Kordahttps://www.blogger.com/profile/13427630897202271368noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-78591109659927904902011-05-10T18:27:36.467+01:002011-05-10T18:27:36.467+01:00"So, I doubt we're going to see the check..."So, I doubt we're going to see the checkmate soon."<br /><br />That's sort of the point of the chess analogy, Sid. You can see checkmate approaching as the game develops even though you can't predict how many moves will occur first and its inevitability is not altered by that aspect of uncertainty. <br /><br />As in the US crisis of 2008, you knew it had to happen, the question was which one of the dominoes would unwind all the leveraged trades, and it turned out to be Lehman.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-24543953933150844592011-05-10T18:12:46.120+01:002011-05-10T18:12:46.120+01:00Unfortunately,I really do not see how we can arriv...Unfortunately,I really do not see how we can arrive at any particular scenario for the greek debt in a way that is useful for us. Out of the options available I would not know where to start to give them some form of probability as to occurrence.Therefore all I can do is keep giving European banks a wide berth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83160074793072475142011-05-10T17:55:23.846+01:002011-05-10T17:55:23.846+01:00Quote LB: "fast approaching checkmate in the ...Quote LB: "fast approaching checkmate in the chess game of Euro debt crises"<br /><br />Why would we? As long as politicians in the core are willing to provide money to the periphery, the situation can go on and on. And they will be willing to do it until they deem their banks and pension funds capable of taking the hit you are talking about.<br /><br />Also, the politicians seem to be somewhat irrational (to a degree) from economic point of view and just cling to current eurosystem for the sake of whatever political investments were made into it. Things like that happen quite often, unfortunately, though they always end with economics trumping politics.<br /><br />So, I doubt we're going to see the checkmate soon.Sidhttp://rene-korda.livejournal.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-38361435879305501022011-05-10T16:00:40.489+01:002011-05-10T16:00:40.489+01:00It is odd to see markets trundling along here as t...It is odd to see markets trundling along here as though they are blissfully unaware that we are fast approaching checkmate in the chess game of Euro debt crises. It would be vastly preferable to eject Greece and other peripherals and thus enable the desperately needed devaluation of the reissued drachmas and punts, etc, or a Euro-north and Euro-south type of solution. The European banks are going to take a big hit whichever route is selected, which is why the ECB is now effectively in checkmate.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46943407032057417412011-05-10T15:32:24.710+01:002011-05-10T15:32:24.710+01:00"No actual austerity and there will be no imp..."No actual austerity and there will be no improvement in debt burden and no long term solution."<br /><br />Either is unlikely to happen under the current European monetary system, with or without austerity. The problem's not with the governments being too profligate, but with economies being forced to adjust through wage-price adjustments, rather then much more efficient and politically feasible currency devaluation.<br /><br />Frankly, I don't see how the Eurozone can survive in its current form for any meaningful time. Either the currency union will be restructured in an orderly fashion (two currencies, return to national currencies with the euro left for international transactions or extra-EU transactions etc.) or it will suffer a disorderly dissolution/shrinkage.Sidhttp://rene-korda.livejournal.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-19054653935388189942011-05-10T15:15:57.812+01:002011-05-10T15:15:57.812+01:00I think you have joined up the dots on one scenari...I think you have joined up the dots on one scenario and one of the most likely couple of options that have any decent probability of happening.<br />What concerns me really is if the Greek debt is handled like this then what is the consequence for Irish and Portuguese debt?Anonymousnoreply@blogger.com