tag:blogger.com,1999:blog-6244999628674918029.post6563164166524796011..comments2024-03-28T11:33:16.797-05:00Comments on Bayou Renaissance Man: Trying to ride the currency tiger?Peterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6244999628674918029.post-78201963728360212592015-08-12T21:48:38.190-05:002015-08-12T21:48:38.190-05:00How do you know they're not preparing colony/ ...How do you know they're not preparing colony/ bug out positions? If they buy it, they "own it". If they start stockpiling trucks/ loudspeaker systems/troops(Tibet), bend over...kyagb. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-76843089863454471922015-08-12T08:53:08.572-05:002015-08-12T08:53:08.572-05:00Suprisingly a currency War and decrease in trade w...Suprisingly a currency War and decrease in trade with China could benefit greatly western economies. Apart from Germany the vast majority of Western economies run huge trade deficits with China. This has been allowed to happen by repeatedly turning a blind eye to currency manipulation. If finaly the penny is going to drop that we are being taken for Chumps then some of those 6m US jobs and probably as many in non German EU Countries will return.<br />In the UK we see dailey the cost of this with Chineese individuals and companies buying up large swaithes of London and our industrial base. The funny thing is its the biggest housing buble ever seen which will not effect the population of the UK as all the money is from overseas when the bubble bursts.<br />Global Trade was supposed to benefit all, all it has achieved is to benefit from 1970 onwards developing or down right poor countries in Asia and South Ameica at the expense of Blue Collar jobs in the west, the supposed jobs mirracle in high value manufactoring, R&D and crative industries never happened, why because those countries benefitting took the very sensible decision to limit copy right, steal ideas and ban certain types of trading including in financial services.<br />Hence maybe a global trade war which a currency trade war would be, would cause damage but in the long run may be beneficial.<br />The Ginge in the UK.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-5019572768063217162015-08-11T17:33:45.222-05:002015-08-11T17:33:45.222-05:00Best analysis I've ever found about unemployme...Best analysis I've ever found about unemployment/labor participation rate, etc. (and how the gov't games those numbers) is Abbott and Costello's routine about unemployment.freddie_macnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-11553895976258757852015-08-11T12:17:55.533-05:002015-08-11T12:17:55.533-05:00"China's decision yesterday to officially..."China's decision yesterday to officially devalue its currency by 1.9% against the US dollar..." <br /><br />To paraphrase, China devalue their currency against nothing or as I like to call our currency, unicorn farts.Judyhttps://www.blogger.com/profile/06530748998376076224noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-28010264098732204572015-08-11T11:31:57.469-05:002015-08-11T11:31:57.469-05:00Shadowstats is a great resource! :-)Shadowstats is a great resource! :-)Old NFOhttps://www.blogger.com/profile/16404197287935017147noreply@blogger.com