Is The Economy Just Now Falling Apart

Myles O'Reilly

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True, I know from experience that when you want to achieve something you have to work at it and work at it the right way. It has to be planned right and done right. The mental work is as important as the physical
Like fondling Pig's balls?
 

Declan

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China cuts two more key lending rates as economy sputters



DEFLATION no less is the fear in China. A collapse there will greatly impact Boston as the universities here are full up of Chinese students with plenty of spending money. These pamperpered papoosas could be in for a shock . It is not uncommon for rich Chinese to buy say a 3 million dollar pad for little chin and sell it four years later for 4 million and give smig beag a million bucks for a graduation present.
 

Fishalt

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Certain procedures have to be carried out to make farming possible. All calves on my farm have to be de-horned unless they are naturally polled. It is the law, they cannot be legally offered for sale in a mart unless they are de-horned. It can be done at birth or they can be cut off later. Male cattle most be castrated or they will be bulls and
cannot be kept with female cattle. Otherwise there will be unwanted calves and maybe inbred calves. Male sheep
with are not sold as spring lambs must be castrated if kept to maturity. Pigs are optional but castration improves
the bacon. In all these procedures the testis are rendered inactive by squeezing, cutting or rings. It can be
done by a Vet or by any technician. You can call it what you want, it always was and always will be happening. The fact that you are too ignorant to understand it is of no consequence.
Inbred cows/bulls? Does this matter--are they being sold for beef or are they dairy cows? Does it matter if a cow is intellectually disabled as a result of inbreeding?
 

Declan

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It looks like deflation is kicking in.
 
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Mad as Fish

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Inbred cows/bulls? Does this matter--are they being sold for beef or are they dairy cows? Does it matter if a cow is intellectually disabled as a result of inbreeding?
There are all sorts of health issues due to inbreeding, not just mental capacity. Basically, animals tend not to thrive when bloodlines are too close.
 

Declan

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Over 600 billion of notes and bonds have been sold in less than two weeks since the debt limit was raised. That money is coming out of stocks and everything else and is deflationary. That is not good short term news for silver and gold and bizarrely the value of the dollar is rising.
 

PlunkettsGhost

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Over 600 billion of notes and bonds have been sold in less than two weeks since the debt limit was raised. That money is coming out of stocks and everything else and is deflationary. That is not good short term news for silver and gold and bizarrely the value of the dollar is rising.
Will hoover up some silver if it goes below 20. Premiums are v-high right now tho.
 

Declan

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That is the killer. Buying physical here.

In a week and if it drops another bit. I will buy more Call Options.
 
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Mad as Fish

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They are divorced from reality. In future such countries will turn to Brics if it can be set up. That
is a big if.
BRICS is gaining strength daily, I don't think there is much 'if' about it.
 

PlunkettsGhost

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Down in the docklands after Peter Gabriel gig.
The place is desolate.
Lots of building.
Lots of completed CRE.
Pretty much vacant.
This is another bubble going pop.
'The place is desolate.'

Well. it was a Peter Gabriel gig after all

;)
 

Declan

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Screenshot_20230628-172927_Chrome.jpg




In the 16 business days since the debt limit was increased, the debt has risen by 800 billion dollars.
 

Fishalt

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View attachment 1621



In the 16 business days since the debt limit was increased, the debt has risen by 800 billion dollars.
It works because tomorrow never comes. States issue their own fiat and they can kick the debt can down the road forever. The money a state owes is not like the debt someone owns on a mortgage or a car. Nobody is repossessing the assets of a state. There will never be a currency collapse in the EU or the US for this reason. It might happen some other way, but you're looking in the wrong spot with increases to debt ceilings. It's a game of musical chairs but the music never stops.
 

Declan

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I disagree, each of these borrowed dollars must be bought an auction. It still is a marketplace. Those buyers determine the price, and they are sending the price down and interest rates up. When this falters, interest rates will skyrocket.

Tomorrow will come, as it has done for every single country eventually.
 

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