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S Suwandi
Peter Schiff
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Comments by "S Suwandi" (@ssuwandi3240) on "Peter Schiff" channel.
Raise the hands for anyone voted for Biden 😊
2
Peter was great in reading a looming Blackswan but his timing wasn't proven too credible. The crash was ironically right after the 4th 75 bps. Imagine if before.
2
Basically the small banks are more overexposed in order to catch up with extra 5% fed cash rate. If they had built rental properties portfolio similar to the big banks mortgages business then this casino won't get thumbed down overnight
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You won't need one for Airbnb I guess :))
1
Actually judging thru a bad credit during Joke leadership and prob several years of rolling effect is indeed unfair . the emoji was awesome!
1
 @SomeDude998 I also owned a home..fully paid off.. sorry for adding to the injury..... Blame Aunt Teefa voters for Joke nightmare.. a very hard lesson about ID politics and toxic medias.. that's why in a big picture, again I say that enojii was INDEED awesome:)
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 @SomeDude998 policy makers are everything that voters must decide. If they don't have clues then not voting would be the best alternative. The medias are just the tools, nothing more.. try watching medias news with two or three dimensions in mind. Not with 100% conviction. I wish you the strength as well as spirituality during these trying times.
1
I think Peter missed the crucial fact that Japan just gained 3.8% inflation for the first time the highest ever in decades of Stagflation malaise. Thar simply means after years of diligent savings by everyday Japanese, the tanking of Yen really had forced the corporation to spend more. That's actually a big Taboo in conducting business in Japan. Vendors appreciated long relationship and loyalty than taking profits. Retails would please their loyal customers to stick with their shopping rituals. Quite the opposite to West Capitalist. Now those rituals have drastically changed and I see this was one huge opportunity that BOJ should not miss its pivotal momentum. Then added to the fact thar China ihas been also easing since the start of pandemic and confirmed their commitment to domestic economy first including potential Wealth Redistribution policies
1
Boomers were fiscally liable now the Feds have been on mission of keeping rates higher for longer. 3.3% GDP on the back of 7% Deficit.
1
World's Central Banks also held JGB Japan Government Bond which is still at negative 0.1%. I believe this is the last frontier after the Swiss lifted it's positive interest rate in 2022.
1
ECB. The Eurodollar system
1
This is why I had to move the entities out.. am not liable to feed the implofing healthcare of 2nd largest aging group nor the rolling interest of 133T war after war spending debts.
1