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Russia to declare war on Canada (pg. 7)
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| Xavier Moriarty |
| quote: | Originally posted by DigiNut
So? What are they going to do?
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lol, you for real???china pulls back 100 trillions of $ and russia stops gas delivery to 80% of europe.
i doint know, i may be the only one idiot here if none of you can see the seriousness of the situation |
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| TheVrk |
| quote: | Originally posted by Orko
Well if they live here, and root for the Russians, then they need to get the out of the country. |
lol that's getting a little outta hand eh? |
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| TheVrk |
| quote: | Originally posted by smuncky
Don't worry everyone, the russian language won't be hard to learn.:gsmile: |
LOOOOL:haha:
it'd be easier for me than most |
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| FunkyCrew |
| quote: | Originally posted by TheVrk
LOOOOL:haha:
it'd be easier for me than most |
haha, all our Slavic brothers won't have a problem :) |
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| DigiNut |
| quote: | Originally posted by Xavier Moriarty
lol, you for real???china pulls back 100 trillions of $ and russia stops gas delivery to 80% of europe.
i doint know, i may be the only one idiot here if none of you can see the seriousness of the situation |
China has 2 trillion USD in T-Bonds and some cash, not 100 trillion, slight difference there. And again you don't explain what you mean by "pull back."
I'm sure that there have been plenty of blog posts and editorials on how much of a "threat" this is, but I really think that a lot of these people don't understand economics. Obviously China wants us all to believe that it's a credible threat, but I'm not buying it.
I get the big picture here - China has an export economy, if they "dump" their USD then it hurts the U.S. more than China because the currency values are linked and the U.S. is an import economy and China is an export economy. Blah blah blah. So? Both China and the USA have the ability to devalue or revalue their currency at any time. They don't, because any significant currency manipulation would destabilize their own economies.
China is already starting to dump those T-Bonds. T-Bonds are debt, and frankly, I wouldn't want to be holding onto very large amounts of U.S. debt right now. The risks to China of holding that much USD as a reserve currency are far greater than the risks to the U.S. Frankly, I think these threats from China are really just a big charade to downplay the risk to themselves.
I've watched this time and time again in stock markets. Some major player dumps a huge number of shares, or the company does it themselves by diluting, everybody panics, the value plummets... and a few days or a few weeks later it's back to where it was before, because new money comes in as people realize that the swing was not much more than a hiccup predicated on emotion. Sometimes this all happens within the span of a few hours, depending on circumstances.
It's old news. Foreign governments aren't stupid retail investors who will watch China dump the T-Bonds and say "oh, we'd better dump ours too!" That's pure amateur hour. Unless there's a good, solid economic reason for the dumping, somebody else is just going to snap them up, driving up demand and bringing the price back up to an equilibrium point. And indeed, China isn't going to be able to "dump" at all unless there's a buyer, and it's in China's own best interests to try to get as much money as possible. If they just start giving away all of their reserve currency, they'd vaporize their own economy.
I still consider it a non-issue. But, in all fairness, I'm not an expert on currency markets. If somebody here is, feel free to prove me wrong. |
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| Adamo |
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| Yohan |
| quote: | Originally posted by Adamo
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even the old lady is checking these two chicks asses. oh, the guy in background deffo is |
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| Endlesswave |
| Speaking of Russia don't women outnumber men over there in some ridiculous amount? Next Trip, Russia it is.:thepirate |
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| FunkyCrew |
| quote: | Originally posted by Endlesswave
Speaking of Russia don't women outnumber men over there in some ridiculous amount? Next Trip, Russia it is.:thepirate |
not sure about our big northern neighbor, but in Ukie land I consistently saw outrageously beautiful girls hand-in-hand with mediocre dudes lol |
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| Yohan |
| quote: | Originally posted by FunkyCrew
not sure about our big northern neighbor, but in Ukie land I consistently saw outrageously beautiful girls hand-in-hand with mediocre dudes lol |
i should invade russia and ukraine then :thepirate |
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| geroin |
| quote: | Originally posted by Endlesswave
Speaking of Russia don't women outnumber men over there in some ridiculous amount? Next Trip, Russia it is.:thepirate |
yeah it's true, at least at 50% though
in canada its like 80 to 20 lol |
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| Xavier Moriarty |
| quote: | Originally posted by FunkyCrew
not sure about our big northern neighbor, but in Ukie land I consistently saw outrageously beautiful girls hand-in-hand with mediocre dudes lol |
i've been with quite a few ukranian girls and all i have to say about them is good things. amazing !!!
guys if you REALLY wanna go somewhere, go to the city called banja luka in republika Srpska. ratio is 13 to 1 !!!! |
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