The great debt crash

[checking]

Absolutely true. The trouble is, how many people have been a decade or three or more early for the inevitable collapse.

Or rise.

[jazz]

Bought all the oil and bank stocks I could today.

The US extended the system after the gold window closed back in 1971 and thats gone for 50 yrs. Imagine we have a ways to go yet.

[Landdownunder]

Some buyers accumulated lots of tonnes here in Nov then vanished until early Feb.

Reputable buyers.

They just couldnt access any more capitol until there first boat sailed.

Wondering if current situiation is going to put a credit crunch on traders and those who buy of the traders.

Many farmers thing traders have unlimted funds well they havent especially the smaller exporters that might on do 2 or 3 shared vessels

[jazz]

Whats another $2tn among friends.

[shtferbrains]

Whats another $2tn among friends.

[ATTACH]12174[/ATTACH]

Is that not QE?

Everybody pays as prices vo up and savings loose value.


Wages will be next.

Treudau is floating a balloon on big handouts in the new budget.

[jazz]

Is that not QE?

Everybody pays as prices vo up and savings loose value.


Wages will be next.

I guess technically a 0% interest loan. Banks will use it to shore up their balance sheet until this blows over, then they will be out playing with it in the markets again shortly.

You can expect inflation to continue, it will never be back to 2% now.

Where will the next speculative bubble come from now. We have had housing, tech a couple times. Could commodities be the next round especially with BRIICS action.

[errolanderson]

ECB hikes rates 50 points (1/2%) this morning. No words . . . .

[Taiga]

Diesel rack dropped 5 cents overnight.

[errolanderson]

Diesel rack dropped 5 cents overnight.

It's going lower . . . .

[jazz]

ECB hikes rates 50 points (1/2%) this morning. No words . . . .

There are words. Its called a covert take over of europe (financial system) using the USD and fed.

fed has been sending funds to europe ever since 2008.

Japan too is captured. These will be the only areas that trade in USD one day in the future.

How does a country's insolvent central bank bailout the nations largest insolvent bank. From the only country that can print currency unabated (so far), the US fed.