Comments by "" (@craigkdillon) on "Stoic Finance" channel.

  1.  @stephenchapel2058  Good point. There is no problem with the dollar, so it will remain. Plus, it is a Dollar/Euro together, IMO.
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  2.  @ramadantarantino4004  It does not makes sense to you. You are a rational person, obviously. But, what was said is true. It is China that does not make sense.
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  3. You articulate China's priority for control very well. In the west, we tend to view everything through the lens of "money". Thinking the money is the most important, if not the only important, goal. With China, that is very wrong.
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  4. As both Russia and the CCP collapse, I think we are heading into a time of great risk to the world. Both Putin and the CCP appear to be nearing the ends of their rides. The Ukraine War is swiftly draining Russia's economy and military. Russia is losing status as a world power as their military is laughably incompetent. China, meanwhile, has a collapsing economy. Real Estate bankruptcies and banking failures point towards to a hard future for the CCP. Both Putin and XI may unleash nuclear war in panic as their regimes crash. Both Putin and the CCP have threatened nuclear war several times in the last six months. Probably just bluff and bluster. But, can we be sure?
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  5.  @ramadantarantino4004  The CCP may believe that it is immune to the laws of physics and economics. You may believe it. I don't.
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  6. Niger is NOT very important for uranium production. Largest producers historically -- Canada & US. Largets reserves - Australia #1 by far. Niger is #7, behind Canada and South Africa, too. This video is misleading BS. I am unsubscribing. I don't like liars and BS artists.
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  7. Won't happen. The dollar is NOT the reserve currency for oil--- Its the reserve currency for EVERYTHING ! ! ! You want to buy boatloads of sugar? -- you use dollars. Boatloads of iron ore? -- dollars. Cars? -- dollars. Wheat? -- Dollars. etc etc. Moreover, the sanctions involve the Euro just as much. So, now you have to displace both the dollar and the euro, if you want to establish your own reserve currency. China is distancing itself from world finance and trade. Russia has a pathetically small economy. In effect, this is click bait.
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  8. Every property developer did what Evergrande did. The financial crisis is pervasive, deep, and profound. If you think doubling of the debt is a bad, just wait. It is going to double again and again, until the system totally crashes. The middle class of China will be wiped out. Even members of the CCP will suffer. I think we are seeing the beginning of the end for the CCP and Communist China.
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  9. Jamie Dimon is well positioned to take advantage of the minor panic that ensues when he gives such a dire prediction. Personally, I think he is wrong. Thing is, we here dire warnings of coming collapses, depressions, etc. They never come true. The most recent collapse in 2008-2009 was not predicted. So, there you go. What should we believe or act on??
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  10. They didn't know a recession was coming?? Huh?? Even I know that a recession is ALWAYS coming. Nothing lasts forever. An economic growth period always ends --- and is followed by a recession. How can the economists at Goldman Sachs not know this, and not prepare for it??? That is sheer incompetence.
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  11. After the CCP collapse, I predict China will do what it has done in the past --- break into smaller states. Each region will try to break from the center to get control of their own land, money, and economy. The only rule they know is autocracy and dictatorship, so each new state will probably choose that form of government. Of course, that will doom the new states to poverty and failure.
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  12. Excellent analysis. BTW...It is "the scorpion still kills the dog", not "kills the frog" It comes from an Indian parable.... A scorpion asks a dog to take it across the river. The dog says, "No, you will sting and kill me". The scorpion replies, "I won't sting you, because it would not benefit me to sting you. I need you to take me across the river." The dog thinks, and says, "I understand, in that case, I can trust you, since you would only hurt yourself, too." The dog swims across the river with the scorpion on his head. Halfway across the river, the scorpion stings him. Before he dies, and sinks beneath the water, the dogs says, "Why? you stung me, now we will both die. Why?" The scorpion replies, "I am a scorpion". That is the parable. It has a valuable lesson about people. Why does Trump lie, when the truth would serve him better?? Yep, he is a scorpion.
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