Comments by "RCM RCM" (@rcmrcm3370) on "Eurodollar University" channel.

  1. If what you write is fact, my guess, it is a guess, is it was the icing on the cake to doom the Keysian/neoliberals. Xi Jing Ping (and Liu He) probably felt Li Ke Qiang (pinyin spelling, or Li Ke Chiang, mix of pinyin and Taiwan spelling) was either an idiot or possibly too close to western agents to recognize that the idea of unleashing a horde of "licensed" hawkers in all the major cities would create an opportunity for organized crime, the organization non CPC local street rabble, and corrupting the lower levels of the party: All at a time when the USA is already trying to develop another colour revolution in China.
    1
  2. I'm going to listen in on this tonight, hoping to hear about Wikileaks and Julian Assange pissing on the wrong shoes having an impact on how hard Hill-Billy Clinton's gang went after him. Lots of Clinton Foundation money washed in Iceland.
    1
  3. Government hasn't fallen yet, it's just the PM resigned. The party can elect new leader. Sheesh. 😂
    1
  4. Electrons...
    1
  5. China buying oil to prepare for when usa starts Blockade
    1
  6. Inflation is worse in USA yet Nabulina of Russian Central Bank raises rate 3.5%, while Fed farts around .
    1
  7. So this has nothing with the Fed's owners and Biden Administration trying to get rid of Amlo. Good to know😂😂😂
    1
  8. ....particularly your version of history
    1
  9. China's 1 billion foreign reserves just didn't disappear. They went out and bought a lot of assets, it's called the Belt and Road initiative. I figure they calculate its better to have assets than useless fictional money from the Fed and Treasury
    1
  10. Just ask Russia and Venezuela. Oh by the way both Japan and China are export driven economies, and when exports go down they like to see their currency depreciate. However I do believe you are correct about the reluctance of the dealer Banks to make money available
    1
  11. China has currency sovereignty. It's not Argentina.... Shhhhheeehhhh.
    1
  12. ​ @dankurth4232  a wish it's just a wish. Good luck.
    1
  13. My guess is, the neocons have got such a grip on Biden's febrile brain, that he has the FED on instructions to wreck the economy in order to try to reduce demand for Russian oil, other commodities, and thus hopefully collapse the Russians economy, no matter how many Americans he has to kill in the process of doing so. And I mean Americans, we already know he'll kill all the ukrainians he can.
    1
  14. Lol. At least they got something for it.
    1
  15. When is Fitch going to downgrade America's debt because America's confiscating usd reserves of Iran, Venezuela, Russia, etc etc. China would have to be idiots to keep buying us bonds.
    1
  16. So... the 13 month high in oil prices is not due to China purchases. Good to know.
    1
  17. Don't discount they were under marching orders from the White House to crash the economy because they hoped to kill off Russia's commodities business. Yes I know that's like shooting yourself in the head to twist someone's ankle, but the people in the White House are not the smartest. That goes double for the people in the Fed.
    1
  18. ​ @ryanseet8314 only if you financed with foreign currency debt. China doesn't have that problem, look at all the empty housing in the USA while millions sleep on the street. Same thing, the USA doesn't have to borrow foreign currency.
    1
  19. Antidote is not the singular of data. Mitt Romney drove many companies into bankruptcy.
    1
  20. the IMF has just reported: Rising corporate profits account for almost half the increase in Europe’s inflation over the past two years as companies increased prices by more than spiking costs of imported energy. Now that workers are pushing for pay rises to recoup lost purchasing power, companies may have to accept a smaller profit share if inflation is to remain on track to reach the European Central Bank‘s 2-percent target in 2025, as projected in our most recent World Economic Outlook.
    1
  21. I've always wondered what the effect of a nuclear winter would be on the FED rates
    1
  22. Hmmm so real estate weakening is sending floods of money into industrial applications development in China... sounds like a bad policy for the US DOD.
    1
  23. Inflation: of car air bags, of Biden's Ego, of money supply, of rents, of ...
    1
  24. Just be surprised he was correct for once
    1
  25. Inflation my one definition is a general increase in prices. It's not the definition I like to use but it's a common one. So one could have extreme spikes in one part of the basket balanced out by extreme drops in the other part of the basket of goods. The idea that broad monetary policy is going to fix this kind of situation is madness.
    1
  26. By the way, I wonder how the government prices into inflation items that simply are not available at any price. I know a number of completed houses which have not been moved into because there's no way to connect them to the grid because there's no electrical meters to fit to the panels. It's not a matter of price, there's simply not enough meters because they weren't produced.
    1
  27. Not oil sanctions, but rather sanctions on tankers. Since there is no spare capacity, taking so many oil tankers off the market, even if temporary until go-arounds are found, means oil can't get to the market creating shortages. It's Biden trying to screw the pooch for Trump.
    1
  28. Billions of real things going would be scary. Billions of electronic representations of zeros and ones is the bursting of a fairy tale. It's only harmful if people do something stupid with the real things afterwards.
    1
  29. If it's a trump nail it will be small, it will flip flop, and it'll be limp.
    1
  30. Great source you referenced.
    1
  31. I heard of sex changes, but did Gordon Chang have a race change?
    1
  32. No other currency has the number of options and other speculative instruments that allow users to have confidence in their cost not only now but in the future. explains why India is happy to buy Russian oil because Russia eats risk on Rupees/Ruble.
    1
  33. That's really funny. You never say what they would need them for. Thick as a brick.
    1
  34. All the money printing in the world won't make anything by itself, you can't buy what isn't there.
    1
  35. Gordon G. Chang channel?
    1
  36. Why does China have to save the USA?
    1
  37. CPC (not CCP) isn't going anywhere soon. heisenbergreport of 2022-11-28 Makes it clear overthrowing Xi and CPC probably requires the end of the world.
    1
  38. I myself have learned to be very wary of protests in foreign countries where the protestors are holding up signs in English which is not spoken in that country. It also raises my Vulcan eyebrows that it appears protestors are trying to sound like Braveheart (according to the translations). As I would expect democracy protestors’ slogans would revolve bread and butter issues first, not “we want universal values” (yes, that literally was a chant, per the translations).
    1
  39. Bitcoin is a commodity, not a currency.
    1
  40. Help? Nope, adding fuel to the fire. CNY opened the door with Saudi Arabia who just announced they will start accepting other monies as well, ie: the Riyal will become another reserve currency. So how is the USA going to absorb all those dollars that use to buy oil, it's going to be inflation through the roof while the currency dives.
    1
  41. At the moment, engineers and developers are being cut: Amazon: 10,000 people; Facebook Instagram, WhatsApp Meta - 11,000 people (13% of the state); Twitter: 4 500 (50%); Salesforce: 2,000 people; Netflix: 450 people; Intel: 20% of the staff; Snapchat: 20% of the state; Robinhood: 30% of the state; Stripe and Lyft: ~13% of the state; Zendesk: 350 people (5% of the staff); DocuSign: 650 people (9% of the staff); Shopify: 1000 people (10% of the staff). Also, Disney, Boeing, and Apple have already announced serious cuts. The list can actually go on for a very long time.
    1
  42. What is the Fed afraid of? Labor Union growth.
    1
  43. And I dad most of that inflation is because of monopolistic powers, not demand
    1
  44. ​ @dodgermartin4895 with what workers? Thanks for the laugh.
    1
  45. Princeton University laughs at your vote that you think can change policy in your system.
    1
  46. The EU is dead meat, starting to smell.
    1
  47. Missile silos filled with water, according to who? CIA isn't a reliable source.
    1
  48. So a lot of that money that the private Banks were printing / making has been removed. I guess their fractional deposits must be way down too.
    1
  49. Money printed does not equal money in circulation, yerp.
    1