Putin and Xi plot their SWIFT escape

Discussion in 'Economics' started by ipatent, Dec 27, 2021.

  1. toby400

    toby400

    The purpose of having democracy is to make sure not to have psychopaths single-handedly rule the country and rule people's lives

    Well. it didn't stop Trump trying.......and a large number of people supported him. The vote was close. But next time ?
     
    #21     Dec 29, 2021
  2. tomorton

    tomorton

    He was not a psychopath. A psychopath would never have been replaced in a democratic election - a psychopath would not have let another democratic election occur. And so we have to come back to Putin.
     
    #22     Dec 29, 2021
  3. UsualName

    UsualName

    There’s a lot of overly technical analysis on the US dollar and it’s status as the preferred currency of reserve. What people often forget is the most rudimentary purpose of keeping dollar reserves is the dollar spends in the US market. And that’s the point. Betting against the dollar is betting against the availability and quality of goods and services in the US market.
     
    #23     Dec 29, 2021
    tomorton likes this.
  4. Right, the most likely end result is that of the GBP.
     
    #24     Dec 29, 2021
  5. UsualName

    UsualName

    And you see this result happening when?
     
    #25     Dec 29, 2021
  6. Over time, no specific time period.
     
    #26     Dec 29, 2021
  7. UsualName

    UsualName

    Ok. What I will say is if the pandemic has exposed anything it’s the strength of keeping US currency reserves.
     
    #27     Dec 29, 2021
  8. Thus far, yes would agree.
     
    #28     Dec 29, 2021
  9. toby400

    toby400

    Trump tried that by screaming 'foul play' when election results were in.
     
    #29     Dec 29, 2021
  10. I heard, though i didn't really follow up, that vote counting was stopped in swing states at like 10pm and restarted at 2am. Apparently, this was one of the main things they relied on. Anyone know what the truth is with this?

    Edit: I also heard that after this shutdown/restart Biden had a lot of votes come in.
     
    #30     Dec 29, 2021
    timtrader likes this.