Is The Economy Just Now Falling Apart

[valamhic]

In some ways this guy ( Yanus Varoufakis ) kinda annoys me ( I am not even sure why ? ) = = But I though this was an interesting chat.

I think that the reason he annoys me is that when he had a chance to do something about this stuff years ago when he was part of the Greek Government = = He turned out to be a Damp Squib ! !


View: https://www.youtube.com/watch?v=VatYrw0uqjU

He is a leftie, believes in Glowbull warning and renewable energy.

 

[valamhic]

Of course they're public if they're listed on the exchange you muppet.

What's the ticker?

Can anyone clarify what this lad is on about? How many points is he making and what are the points in the most important 3 of them.

 

[Declan]

Oops, we are instead going with this one

 

[Coal Gas and peat]

View: https://youtu.be/VY5iE5OuF1Y?si=fgmCYrY9ybXENUp2


Let's check out the prices in winn Dixie Florida

 

[Declan]

We are fucked this winter.

 

[clarke-connolly]

View: https://youtu.be/VY5iE5OuF1Y?si=fgmCYrY9ybXENUp2


Let's check out the prices in winn Dixie Florida

That does seem very very very Expensive for America !

 

[Declan]

That does seem very very very Expensive for America !

A feature of the US was always very affordable food. Not any longer.

 

[Fishalt]

We're all fucked.


View: https://twitter.com/alifarhat79/status/1718753737898951168

 

[clarke-connolly]

A feature of the US was always very affordable food. Not any longer.

How / Why, do working class people vote for the American Democratic Party when that Party does everything against their interests ? !

 

[Declan]

How / Why, do working class people vote for the American Democratic Party when that Party does everything against their interests ? !

Many reasons.
They have no concept whatsoever of what causes inflation. They believe that government money comes from rich people and their only question is why don't the rich people pay more because they have extra.

They see one group as helping them and the other as making their lives harder.

So the answer is Stupidity and they shouldn't have a vote at all.

 

[jonp 1000 years of ire...]

View: https://twitter.com/ActivePatriotUK/status/1718767100171305043

 

[Declan]

Yen Rallies Sharply on Reports BOJ Will Lift Yield Cap

The yen rose to its highest level in nearly three weeks on reports that the Bank of Japan may raise a cap on government bond yields as the central bank convenes for its policy meeting.

www.bloomberg.com

This had to happen. When the yen again resumes its drop, it will be a dead duck because the debt load in Japan is far worse than the US.

 

[valamhic]

A feature of the US was always very affordable food. Not any longer.

I remember calling to see a Longford man who had two bars in NY. One was in Brooklyn. He did a meal with 13 lamb cutlers round the plate, + veggie and spuds. Succulent I would call it.

 

[Coal Gas and peat]

Another large migrant caravan has set off from southern Mexico

 

[valamhic]

Yen Rallies Sharply on Reports BOJ Will Lift Yield Cap

The yen rose to its highest level in nearly three weeks on reports that the Bank of Japan may raise a cap on government bond yields as the central bank convenes for its policy meeting.

www.bloomberg.com

This had to happen. When the yen again resumes its drop, it will be a dead duck because the debt load in Japan is far worse than the US.

I am fascinated by this. I have taken steps which I will keep to myself. This fella explains the bond market and money creation.


View: https://www.youtube.com/watch?v=ghX2Z18yAHI&t=102s



and


View: https://www.youtube.com/watch?v=7uqg0FAEU-g&t=283s

 

[valamhic]

Another large migrant caravan has set off from southern Mexico

Bus them up to NY and Boston. All them Biden voters will be welcoming

 

[Coal Gas and peat]

Bus them up to NY and Boston. All them Biden voters will be welcoming

That's the plan

 

[Declan]

Another large migrant caravan has set off from southern Mexico

Which direction.

 

[Declan]

Looks like the Yen is in trouble, as predicted.

 

[Declan]

As soon as the rate on the Japanese 10 year bond goes above 1% it is all over.