Global US-Dollar Shortage - Are We Already in a Recession?
- Thread starter Chase
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Gambling with not your own money of course will be unfazed
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Bonds in Trouble as $1 Trillion Liquidity Drains
https://www.bloomberg.com/news/arti...-menaced-by-a-1-trillion-central-bank-retreat“With peak liquidity past, we would not be at all surprised if markets were now to experience a sudden pressure loss,” Matt King, Citi’s global markets strategist, wrote in a note. “Keep watching the liquidity data — and buckle up.”
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PacWest falls more than 50% after hours on report bank is considering strategic options
https://www.cnbc.com/2023/05/03/pac...er-hours-on-report-bank-is-weighing-sale.html
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You need to eat food that are carbon neutral. They won't let you eat beef as it emits too much methane.You won't worry about recession when starvation arrives. It's coming.
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It seems the west is under sef destruction mode. Own self destroy ownself.
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It's the same every where.
Singapore says foreign residents' deposits fell by S$22billion.
https://www.bloomberg.com/news/arti...reign-residents-deposits-fell-by-s-22-billion
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The New Development Bank is having trouble finding dollar funds to repay debts, the Wall Street Journal said. It was established by the BRICS bloc of nations to offer alternatives to dollar lending.
https://www.msn.com/en-us/money/new...ying-its-dollar-debts-report-says/ar-AA1cEIxB
https://www.msn.com/en-us/money/new...ying-its-dollar-debts-report-says/ar-AA1cEIxB
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this one chio ka peng. all these brics’ alternatives to usd championed by ccp are delusional jokes. due to ccp monetary policies within prc, banks in prc cannot hoard usd, but same banks outside prc are paying higher interest rates for usd deposits than other currencies. truly phucked up, delusional, and hypocritical. ccp can never understand international banking, finance, and how markets work.
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According to this article, they need to print more money. China has entered a lost-decade scenario like Japan if the wages of commoners cannot keep up with the pace of inflation caused by FX drop.
https://www.reuters.com/markets/asi...er-private-sectors-growth-falters-2023-06-15/
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Turkish Lira capital flight again
https://www.reuters.com/markets/cur...fresh-record-lows-after-rate-hike-2023-06-23/
https://www.reuters.com/markets/cur...fresh-record-lows-after-rate-hike-2023-06-23/
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Aka.... $20 cheekon rice for u, sir?You won't worry about recession when starvation arrives. It's coming.
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https://www.businesstimes.com.sg/co...ses-standards-purpose-bound-digital-money?amp
No worries, SG always smart wan, now have digital currency coming to solve all problems ler..
Swee swee Bo Run Water liao
No worries, SG always smart wan, now have digital currency coming to solve all problems ler..
Swee swee Bo Run Water liao
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You want to buy also no one is selling.
You may have to go without food for a few days.
There may be food rationing.
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No worry on that.... Many Borneo Indon cheekon arriving
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