based kim dotcom
Based kim dotcom
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Kek
Dollar looks like it gonna explode in value
Look up "usd shortage"
>trusting a land whale
> the big crash is coming 100%
leave it to the german bubbleboys, every fucking time
Wew I didn't know Kim was holding bags
>It's still 1995
Wake up dude, the dollar is not as important as before.
>History of US financial collapse predictions:
>2008: it's coming this time
>2009: it's coming this time
>2010: it's coming this time
>2011: it's coming this time
>2018: it's coming this time
Dude
Just watch Forex markets if you not think dollar important
Dollar doing to world currencies that BTC am doing to altcoins
>Trust me.
Stopped paying attention right there.
>trust a pirate
Dumb nigger. Crashing other economies because they have grown dependent on your purchasing power and then suddenly closing your market after decades of globalist rule is not the same as fundamental need for usd in trade.
The world espc eastern powers such as russia china egypt iran have been decoupling from usd in their oil grain and tourism trade.
Yes, within a few hundred years the USD might collapse. Prepare for it
>durr this relatively stable fiat will surely crash not like crypto which is about as steady as the weather forecast
Imagine actually thinking this
>he thinks Russia, Iran, and Egypt are "powers"
>calls others dumb niggers
>Russia isn't a power
so wheres this tweet OP? its not on his timeline
The dollar only ever became necessary as a global reserve currency because of muh petrodollar. Electric cars and reduced dependence on oil by large economies like China will mean the dollar will die at some point.
Dude it has sub-Saharan African aids rates and life expectancies with a western European birth rate.
What a retard
If anything dollar is becoming more valuable
Russia isn't a power.
I was about to call him a butthurt whale because US raided and almost jailed him, but looking at the butthurt and nervous responses itt made me realize amerimutts are very nervous, they would be the ones to feel if something was not right, as they have the front seats in this. I think he might be actually right.
He's right but kim dotcom is a faggot
No it doesn't and you're obviously underage
yes, it does. I didn't even touch the rampant drug and alcohol addiction.
>muh nukes
I guess they can sell them for USD.
>yes, it does
Why would you lie about something that's so easy to look up? If Russia isn't a power then no country is a power other than the US. Only a delusional burger would this this.
Times sure will get interesting
>he doesn't know the state of Texas has a higher GDP than Russia
>and probably almost as many weapons
USD will first go into serious deflation, which has already started. You're seeing appreciation in the news right now and if you follow finance journals, you will see more and more talk about how funds are divesting themselves from the stock market.
This will cause massive stagnation and many financial institutions, will fail, maybe starting with deutsche bank. It will be worse than in 2008. The "remedy" attempt will be another money supply expansion round ("stimulus"). This will end badly and result in hyperinflation this time. Panic worldwide about the dollar will result in a massive dump.
tl;dr:
1: Dollar pumps now, stocks and assets in general will dump. Almost other currencies dump. Massive justings.
2: Money supply expansion to stimulate investment again.
3: Inflationary spiral.
If it's any consolation, burgers, at least you're going to the rest of the world in the ass while you're going down. Thanks a lot.
>buy my bags goy
>crash is comming any second goy
>buy my filters goy
> If Russia isn't a power then no country is a power other than the US
US, China, EU (as a extranational entity)
Russia is a fucking Nigeria level pump and dump station
>listening to criminal internet fat man
More nukes than you muhammad
>muh gdp
If you pay 400 dollars for a loaf of bread, it's not necessarily more powerful than a loaf of bread that was paid for with 20 dollars.
>criminal
lamo, you're a cuck/sjw/moralfag/faggot if you pay for something available for free everywhere
Is that in what the price is up to in Russia?
They're about three dollars here for a decent quality one, about one dollar for nigger tier, five+ for the really fancy stuff.
Doesn't matter, Russian AA cockblocks jewSAs air power
And US sanctions cockblock the unending tragedy that is the Russian economy.
>he doesn't know what purchasing power is
Sure are a lot of brainlets here for a "business" board. Also GDP alone doesn't tell the full story. America's manufacturing and production sectors are non-existent. Most of that GDP comes from debt/consumption.
>China
>EU
HAHAHAHAHAHAHAHAHAHAHAHAHAHHA. China is a paper tiger and the EU doens't even have its own military. Neither are protected by MAD doctrine, and China isn't even capable of developing its own military technology, still having to rely on hand-me-down Soviet designs.
His grip is weak
> Trusting Kim Dotcom on anything
He's right in this case though
Imagine coping this hard. Meanwhile, citizens of Russia are reduced to smuggling dairy products from fucking Poland lol
>russia
Is increasingly an economic irrelevance, the Chinese use of the dollar is not an economic plus and Iran =oil which there is no shortage of. Reminder that none of these shitpits used the dollar when the USA rose to the peak of power in the 1980s
Let me guess, Polish diaspora? I can always tell when someone from the butthurt belt starts posting because they post the same delusional things to help them cope with being a useless rape baby country
is this the "hedge with crypto" meme?
What happens if Europe successful implements open banking? Will this be good or bad for the economy !
>purchasing power parity
Legit brainlet metric.
>America's manufacturing and production sectors are non-existent.
Only in comparison to America's complete dominance before the US started subsidizing the planet. And make no mistake, that is what the US is doing, but when the US finishes halting the subsidy, the rest of the world not only implodes, it does so in a matter of months.
CAN SONEKNE EXLAIN PLEASE LINK TO TURKEY LIRA CRASH A. IS START OF BIG CRASH?
>Legit brainlet metric.
Yeah it's completely irrelevant if producing a tank in America costs 3x as much as in Russia. Fucking brainlet.
>Only in comparison to America's complete dominance before the US started subsidizing the planet
Also in comparison to Russia and China, which both still have wartime capacities.
There is no crash. There won't we a crash. Crashes as a feature were patched out after 2008. The economy is the strongest it's ever been. Buy stocks.
Read and learn bois.
i bought some gold online, but how do I store it offline?
tldr:
bonds down soon
currency inflation soon (and some will collapse if they are in weak countries)
good stocks up to counterbalance inflation, bad stocks down
if inflation happens and bonds go kaput, assets will go up
> America's manufacturing and production sectors are non-existent
Meanwhile Russia's are just fucking flourishing I'm sure. Also if you don't see how purchasing power is instacucked by the very fact alone that you rely on the ruble then yeah I don't know how to help you.
> China is a paper tiger and the EU doens't even have its own military.
Meanwhile, big chad power Russia tries to capture Ukraine and gets fucked by the threat of EU sanctions. In return it cucks itself by banning dairy products from the EU. LOL.
>I bought some sold
Execute order 6102.
This. I'm well diversified (robo advisor selected stocks, bonds, REITs, cryptos, and some precious metals) and I'm sitting very fucking comfortably.
You're not wrong. Just saying, the entire reason Syria is even still a thing is because the West simply cannot get around Russian AA systems. Otherwise Russia would be even more in the shitter
I wish we worked with Russia on Syria. I am a Slav-Burger and genuinely wish Russia the best, but I won't pretend it's doing even remotely well; it isn't.
>Yeah it's completely irrelevant if producing a tank in America costs 3x as much as in Russia.
Yeah, it is. The US economy is over 12 times as large as Russia. The US federal budget is 80% as large as the Russian GDP. Even taking the 3x discrepancy into account, the US is perfectly capable of fielding way more men and materiel than Russia is.
>the US doesn't have wartime capacity
Ignoring the fact that both China and Russia need a very specific type of industrial capacity to fight the US, which neither of them possess, the US having mothballed some of its war capacity doesn't mean it's gone.
> telegraph.co.uk
And nah, you can't tell shit. I'm just saying it how it is. Russia could be a legit power if it got its shit together and actually realized its human potential for once. Instead, its one massive kleptocracy with no direction forward
autism: the post.
>The world espc eastern powers such as russia china egypt iran have been decoupling from usd in their oil grain and tourism trade.
I'm embarrassed for you.
>Also if you don't see how purchasing power is instacucked by the very fact alone that you rely on the ruble then yeah I don't know how to help you.
That's why they're stockpiling gold/forex reserves. You seem pretty new to this whole economics thing.
> big chad power Russia tries to capture Ukraine and gets fucked by the threat of EU sanctions
You really are a stereotypical simpleton American, you know that? Big chad Russia could have taken the entire country within a week if that was their goal. But why would they want to adopt a failed state rather than merely exerting political control? Their goal is to maintain a stale conflict so that Ukraine can never begin negotiations to join NATO as long as they have a puppet government that's hostile to Russia. They took Crimea only because it was strategically necessary.
Sadly the murder of the Romanovs and the (((Bolsheviks))) stealing the country doomed Russia.
Same. Hohol-burger here myself
>Yeah, it is. The US economy is over 12 times as large as Russia. The US federal budget is 80% as large as the Russian GDP. Even taking the 3x discrepancy into account, the US is perfectly capable of fielding way more men and materiel than Russia is.
No one said Russia is a bigger power than the US. You're arguing a strawman. The point is that you cannot compare the power of two countries using nominal GDP because it doesn't take into account cost of raw resources/labour.
Bulgarburger.
> That's why they're stockpiling gold/forex reserves.
Yeah sure. And how does that affect the purchasing power of Ivan from Michurinsk? And while they are "stockpiling" those reserves, state officials are raiding pension funds and all is well. Go back to fucking zerohedge brainlet.
> could have
> would have
> etc
yeah, yeah. Its all about political control my man. Enjoy your holiday to shitty Semferopol. Oh wait I forgot you are probably poor as fuck and can't even afford that
This has been the Russian paradox from time immemorial, legit since the 1500s damn near. They're huge but poor, but also capable of fielding a large enough army to deter invasion and become invaders themselves.
Costs for strategically important resources are subject to both subsidy and tariff. The US currently doesn't put a priority on most resources where Russia does, which makes PPP a complete waste of time for use as comparison, as it only highlights Russia's war footing compared to America's peace footing. So yeah, it's completely fucking irrelevant that a tank in Russia costs 1/3rd the cost it does in America.
>Yeah sure. And how does that affect the purchasing power of Ivan from Michurinsk?
It's a hedge against ruble devaluation. This is some pretty basic stuff man.
>yeah, yeah. Its all about political control my man. Enjoy your holiday to shitty Semferopol. Oh wait I forgot you are probably poor as fuck and can't even afford that
I'm Canadian. Why do burgers always resort to ad hominems when their ignorance is exposed?
>Buy my bags
>these mental gymnastics
I'm out
He's a kike not interested in discussion
>mental gymnastics
I sure hope you don't actually think PPP is relevant for anything. It just signifies countries with active consumer bases versus countries without active consumer bases. But the problem brainlets like you forget is that consumer bases are one of the two relevant halves of an industrial society. Producers need consumers even as they excoriate them for being spendthrifts.
The US has exported it's inflation all over the world as debt. The debt comes due, dollars are required to pay it and the supply of dollars isn;t sufficient. I can easily see a bullish case for the dollar, but it won't last.
> This is some pretty basic stuff man.
Are you from Quebec by any chance? Because for some reason Francophone faggots can't distinguish abstract ideas from the actual reality.
> Why do burgers always resort to ad hominems when their ignorance is exposed
Because you are not making any coherent points. What fucking political control are you talking about? Political control would be making sure Poroshenko never happens to begin with. Putin can't even control fucking Lukashenko let alone Ukraine. I'm not even gonna mention Chechnya and letting it get so bad that the only thing possible was a state within a state solution with a literal warlord with his own private army. Wake up dude.
That US debt held globally is used to maintain currency values, user. It could be that central banks will need to cash in that debt for USD at some point for political reasons, but I find it likely that those political reasons will be closer to "we're broke and need money" than "Eurasia United Against The US." Unfortunately for dollar bears, any scenario where Eurasia as a unit is hard up for cash is inherently bullish for the USD which doesn't expose itself to Eurasian instability.
ITT, deluded burgers who haven't even skim researched defense tech who are absolutely certain that since USA has a very big budget compared to Russia, Russia isn't a force to be reckoned with.
Any mildly knowledgable person on the subject knows that Russia has been ahead in every kind of rocketry, from ICBMs to SAMs for many decades. The only exception now might be light weight cruise missiles, like the Join Strike Missile from Norway and Raytheon's licensed derivative of it.
Missiles, anti-missile systems and radar technology (go hand in hand) are the most important military technologies right now, and Russia has a clear lead.
Maybe when energy weapons and railguns become relevant, we'll see a shift in the balance of technological superiority.
Even tiny Norway currently has, natively developed asymmetric solutions against aircraft carrier groups through its stealth submarines, anti ship missiles and stealth missile torpedo boats.
One of the pillars of US international power projection, the US Navy, is effectively neutralized these days. China has even better stealth subs and have suddenly surfaced on purpose in the middle of US carrier groups to prove a point.
I know this. I also know Russia is literally dying due to high mortality and low birthrates.
An Earth shattering military is useless when there is no one to man it user.
1) Russia isn't an American enemy, hasn't been since 1991.
2) Russian weapons platforms aren't pointed at America but at Eastern Europe and the Middle East. No security challenge there for the US if the US doesn't want there to be.
3) The US Navy's power projection isn't aimed at Russia in particular. You will find that very soon the sharp end of it will be pointed at China, but that's neither here no there.
4) Russia's got 2-6 years to actually use that advanced defense tech before they collapse into a demographic nightmare.
What about silver? Pic related what I just bought. How’d I do?
This.
People forget that hyperinflation happens because they're trying to break the deflationary spiral.
So you're saying to buy 30yrs?
>he thinks jews are just gonna let the USD collapse like that
The jews profit no matter which way it goes.
This.
/thread
You're paying up the ass for meme coins, get bullion
easier to sell coins if I'm going to be off loading everything at once though?
Jews don't profit if their homes get burnt down in the happening.
>burnt down
There's no air to fuel a fire on the moon.
Chainlink will save the USD
>go on biz to discuss economics
>thread turns into a retard dick swinging about muh russia big army like that counts for anything in 2018 and burgers raging about jews
how much buttcoin to paint this qt3.14's uterus with my sticky white man juice?
>crypto and gold
zoomers are so cute
silver and gold beats any of your ones and zeroes, especially when they dont need you to pay utilities to access and use
The same moron who claimed to have Hillary emails
This.
Buy gold when it goes to $400 next year.
I think it's going back to 400 as well but I was thinking it might take 8-10 years at its current rate.
Don't give me that crap. Europoors aren't allowed to take a shit or draw breath without paying a tax for it
fags like Kim haven't thought this doom-and-gloom shit through
lets say the USD does crash, we experience hyperinflation, a loaf of bread costs like $500
what then? if you took his advice and bought gold or crypto, what do you do with it? shave off some gold for the bread instead? send someone 0.1 BTC for the bread? I mean unless people WANT what you're offering (crypto or gold) in exchange for their shit, it doesn't matter.
If the nukes dropped tomorrow lemme tell you that the last thing I'd care about bartering for would be gold & crypto. It would be direct food-for-food, or food-for-tools, or food-for-shelter, etc. no one gives a flying fuck about internet money if the economy crashes and unemployment skyrockets.
It's dumb for him to even suggest it though, the Fed has so many failsafes in place to prevent USD collapse that it's never happening in our lifetime.
>Dollar looks like it gonna explode in value
>Look up "usd shortage"
aaaaaaaahahahahahahaha the absolute state of fucking Jow Forums