Surging Dollar-Making Goods Almost Impossible to Afford in countries Around the World; Global Spring

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Remember the Arab Spring? Looks like we are headed for a Global Spring this time around.
 
or the fact we've got an ice cream eating retard as a political puppet


but, while the dollar is 'surging', what are the Oligarchs doing with their shares?

probably 'cashing out' into physical assets, like art, properties, cars, collectibles, metals
 
It's to combat the BRIICs organization. The USA could reduce inflation by opening up domestic energy production, but the current centrally planned economy is a preview of what will happen when other countries fall out of line.
 
nickndfl said:
It's to combat the BRIICs organization. The USA could reduce inflation by opening up domestic energy production, but the current centrally planned economy is a preview of what will happen when other countries fall out of line.
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selling assets is only going to bring that cash home sooner, the difference will be that .gov isn't distributing it amongst us and we will have a chance to dilute the impact of that, so, yeah, i agree
 
All of the above might be true gents but its the lesser players currently being crushed... News from Costa, seeing grand cayman and Aruba struggle.. These and a hundred others all have huge debts denominated in USD and most are tipping toward insolvency.. keep it up for several months and your arab spring will be upon us...
 
China will swoop in and set their own debt traps. They really mucked it all up with leverage and greed. You all better CYA because 2023 won't be any picnic. We are about to get reamed with energy costs again.
 
Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the U.S. dollar, the new central bank governor said on Sunday.
...
The indicator would be based on a basket of several currencies and possibly gold, he said.

"It is for the sake of the idea of pegging -- and I'm not talking about the price, I'm speaking about the idea," he said. "America is not my major trading partner. I don't know why people are always fixated on the dollar.

"Part of our success will be in changing the culture and idea that we are pegged. We want to be seen against every currency."

The Egyptian pound had been virtually fixed at about 15.70 pounds against the dollar for 18 months before the Ukraine crisis triggered a flight of billions of dollars out of Egyptian treasuries in a matter of weeks, prompting the central bank to devalue the currency in March and let it gradually weaken since then.
...
The Egyptian pound had strengthened against the euro, the British pound and the Turkish lira since the the Ukraine crisis. "But people don't see all that," Abdalla told the conference.
...
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www.reuters.com

Egypt to develop new currency indicator to wean people off U.S. dollar

Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the U.S. dollar, the new central bank governor said on Sunday.
www.reuters.com www.reuters.com
 
Buck said:
better get stocked up now, anything you're gonna need in the next few years type of stocked up....
Click to expand...
We started stocking just after 9/11 and then went into overdrive when the Beer Virus started. And, not just food.
Sold our house in PA and moved to WV.

Bought generators, propane heaters, lumber, installed a wood stove, water filtration, cases of canning jars, lots of alcohol for trade, more things I should not post here.

Wife is still buying toilet paper, paper towels, tissues, and napkins. Our basement looks like Sam's Club.
 
i don't suppose anyone here 'prays' for it to happen but i'm also as certain, most everyone here is gonna be as prepared as they can be...

a bit early, i'm sure but Good Luck Everyone, let's see how this plays out
 
Preparation H costs more than cocaine in Colombia. They should put cocaine in an ointment and sell it OTC.
 
nickndfl said:
Preparation H costs more than cocaine in Colombia. They should put cocaine in an ointment and sell it OTC.
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and we've got welfare recipients stealing laundry soap...like it's gonna go outta style

so, begs the question:
Cocaine
Preparation H
Laundry Soap

which one is worth more?

and no one tell me they do cocaine so they forget they've got Prep H on their bum to ease the pain from sitting in the laundromat all day long, doing their wash

'cause that's what i'm gonna say...

onna side #;
i'm not having any problem sourcing any trinket from chyna, at all, they're loving the dollars i'm sending 'em...

but i thought we're now a turd world country...with the PRC at the top???
maybe i'm wrong and that's the position for Ukraine...or was it Haiti???
i can't recall
 
A combination of a stronger U.S. dollar and higher commodity prices, which is a departure from a historical trend, increases the risk of global stagflation, said the Bank for International Settlements.
...
Emerging markets are more affected by this than developed ones, the report pointed out. "This reflects the higher commodity consumption of EMEs and their greater exposure to swings in global financial conditions," it added.
...
This is particularly important given that commodity prices have been rising in the post-COVID environment while the U.S. dollar strengthened on the back of aggressive Federal Reserve rate hikes.

"Commodity price rises tend to stoke inflation and choke off growth in commodity-importing economies, while dollar appreciation tends to have similar effects outside the United States, especially in EMEs," the report said. "Thus, the confluence of such developments over the past couple of years has significantly increased the risk of stagflation, ie that weak growth will coincide with high inflation."
...
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www.kitco.com

Higher commodity prices and stronger U.S. dollar increase global stagflation risk, warns BIS

www.kitco.com
 
Global Spring percolating:
There has been a surge in protests and strikes around the world, primarily focused on economic hardships, skyrocketing inflation, political turmoil, and geopolitical issues.

Recent protests have emerged in France, Greece, Great Britain, Israel, Venezuela, South Korea, Moldova, and Portugal. While some of these demonstrations have been peaceful, others have resulted in clashes with law enforcement.
...
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Wave Of Anti-Government Protests Are Setting The World On Fire | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
* bump *

Feels like there is a lot happening recently with Armenia, Canada/India and now Hamas/Israel threatening to set the whole middle east on fire again.
 
pmbug said:
* bump *

Feels like there is a lot happening recently with Armenia, Canada/India and now Hamas/Israel threatening to set the whole middle east on fire again.
Click to expand...

None of this would be happening if they hadn't replaced President Trump with a drooling pedophile. He had the Arab countries talking about trade agreements and peace accords with Israel.
 
CiscoKid said:
... Arab countries talking about trade agreements and peace accords with Israel.
Click to expand...

There is a lot of speculation that the Hamas attacks were initiated to blow up the Israeli-Saudi negotiations which were apparently going well. This is one example:

www.al-monitor.com

Israel-Saudi normalization falls casualty of Hamas attack

The US-brokered talks were making progress; that’s probably why Iran gave Hamas the green light.
www.al-monitor.com www.al-monitor.com
 
Looks like Azerbaijan and Armenia are working things out now:
Azerbaijan and Armenia have reached an initial agreement regarding the text of the Regulation on the organization and holding of meetings and joint working meetings between the State Commission on delimitation of the state border between the Republic of Azerbaijan and the Republic of Armenia and the Commission on delimitation of the state border and Border Security between the Republic of Armenia and the Republic of Azerbaijan ...
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en.trend.az

Azerbaijan, Armenia agree on several border delimitation issues

en.trend.az en.trend.az

~~~

The United States Department of Justice has announced charges against an Indian man accusing him of working for the Indian government to carry out the planned assassination of a Sikh separatist leader in New York.

The formal allegations on Wednesday, linking the government of Prime Minister Narendra Modi to the attempted killing of US citizen Gurpatwant Singh Pannun, follow drips of leaks to newspapers referring to the case.
...
The US Justice Department announced murder-for-hire and conspiracy charges against Indian national Nikhil Gupta, 52. Gupta is believed to be a resident of India.

Federal prosecutors describe Gupta as an associate of an Indian government agency employee identified only as “CC-1”. The employee, CC-1, has previously described himself as a senior field officer who works with security management and intelligence. CC-1, according to the indictment, previously worked with the Central Reserve Police Force, a leading Indian government paramilitary force.

The indictment alleges that CC-1 directed the murder plan from India and recruited Gupta around May 2023 to coordinate it.

CC-1 directed Gupta to contact a criminal associate to execute the murder. Gupta contacted someone he believed to be a criminal associate. But in reality, according to the Justice Department, the person Gupta hired was — unknown to him — a source working confidentially for US law enforcement. This source in turn connected him to a “hitman” who was actually an undercover law enforcement officer, working for the Drug Enforcement Administration (DEA).

Gupta agreed to pay the hitman $100,000 for the job, paying him an advance of $15,000 in cash in Manhattan around June 9.
...
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https://www.msn.com/en-us/news/worl...kh-separatist-here-s-what-we-know/ar-AA1kMtJF

U.S. allegations that an Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil underscores the need for India to take similar allegations by Canada seriously, Canadian Prime Minister Justin Trudeau said on Wednesday.
...
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https://www.msn.com/en-gb/news/worl...iously-trudeau-says-after-us-case/ar-AA1kJOP5

India is apparently 1 for 2 on extrajudicial assassinations in 2023.

~~~

Venezuela looks to be preparing to invade Guyana over ExxonMobil oil discoveries.
 
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