USA <-Zimbabwe

Discussion in 'Economics' started by bookish, Jun 6, 2022.

  1. bookish

    bookish

    Remember the story about corrupt authorities stealing trillions from a private investor?

    They are going to inflate the currency and bankrupt the economy just to spite him.


    They are going to do the same as in Zimbabwe.

    What they did in Zimbabwe was done for the same reason and it was him there as well.
     
  2. My mother thinks this way and is one reason she won't invest in US stocks. And to be honest, I'm not too keen on diversifying into any more US stocks either.
     
  3. Overnight

    Overnight

    C'mon man, AMZN is now down to like 140 or something after the split? Dip your toes in with 10 shares? Magnetic whale art!

     
  4. RedDuke

    RedDuke

    The difference is USD is world reserve currency, and we can get away with shit no one else can.
     
    piezoe, Rickshaw Man and comagnum like this.
  5. There has been a lot of truth to this, but those days are ending fast.
     
  6. RedDuke

    RedDuke

    not really. There is nothing on horizon that can take reserve currency status.
     
  7. Dalio & Munger have a different opinion on that...
     
  8. RedDuke

    RedDuke

    and what will be reserve currency according to them. Would love to hear
     
  9. comagnum

    comagnum

  10. piezoe

    piezoe

    But who are they? Are "they" the same people that attacked those Dominion Voting Machines with lasers beamed down from Italian Satellites?
     
    #10     Jun 8, 2022
    virtusa likes this.