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That's the one I'm thinking may cause real trouble.Currency fluctuations are now ENORMOUS. (Who is on the other side of these trades ?)
Or just can't afford to keep spending..One point that keeps coming to mind is 60% or US citizens live week to week on the edge how long before they stop spending
IMF , unlikely .. BIS maybeAnother concern I have is the financial stability of scores of countries and industries around the world. The US Tariff demands are major stresses on these economies. The Stock market collapses add another layer of pressure. I wonder when we will the effects of these policy decisions on multiple countries position on international debts.
How effectively can the IMF handle multiple defaults ? Again who is on the other side of these obligations ?
as soon as easy credit runs out , because living costs WILL rise ( cheaper fuel will only do so much )One point that keeps coming to mind is 60% or US citizens live week to week on the edge how long before they stop spending
Pierce the abscesses
There might not be any FED bailouts this time around
that SEEMS to be happening alreadyOr just can't afford to keep spending..
there is another way but that will be unpleasant and slower ( so that will be avoided as well )Pierce the abscesses
It us funny to see the usual culprits here:there is another way but that will be unpleasant and slower ( so that will be avoided as well )
My thoughts:Will it work: i doubt as i believe the us are too far gone in term of debt.
My thoughts:
1. Bring on a financial crisis.
2. Interest rate cuts, bond yields fall.
3. Refinance debt.
4. Inflation to erode the real value of the debt.
So doing over the bond holders basically.
I think @wayneL covered that in post #493.View attachment 196881
What did these penguins do to deserve a 10% tariff from the Americans ?, the island is only inhabited by penguins and seals. They have treated us unfairly I guess.
They'll just have to change the island's name instead.I think @wayneL covered that in post #493.
first para: "Tariffing uninhabited islands by name prevents tarriffed nations from pulling a fast one and trying to say goods are "from" the uninhabited island themselves, for example the fisheries"
second para. up to you
Two unihabited Antarctic islands in the middle of nowhere, zero exports.They'll just have to change the island's name instead.
How does the 'island of America' sound?
that SEEMS to be happening already
look for 'budget stores ' ( selling essentials like clothing , food , medicines ) to close outlets and reduce staff .
not rampant yet be happening
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