We're all gonna die. (again)
1 posted on
08/12/2015 6:44:05 AM PDT by
blam
To: blam
"Edwards says the Chinese currency devaluation is the beginning of a period of serious foreign-exchange weaknesses in Asia."
Absolutely.
2 posted on
08/12/2015 6:45:25 AM PDT by
Former Proud Canadian
(Save Western Civilization. Embrace the new Crusades.)
To: blam
Maybe this will finally force national economies around the world to seriously look at simplified tax codes and simplified business regulations to get their economies going again. That’s why it’s way overdue we have major tax reform here in the USA.
3 posted on
08/12/2015 6:46:32 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: blam
Prepare For Overwhelming 'Waves Of Deflation' To Suck Us Into Recession
"Damn! More phones to destroy!"
4 posted on
08/12/2015 6:47:09 AM PDT by
BerniesFriend
(Sarah Palin-"Lord knows she's attractive" says bitter Andrea Mitchell and the rest of the MSM)
To: blam
5 posted on
08/12/2015 6:47:46 AM PDT by
Lazamataz
(Dear Jeb Bush..... Trump upped his game. Up yours!.... Love, Laz.)
To: blam
6 posted on
08/12/2015 6:47:46 AM PDT by
blam
(Jeff Sessions For President)
To: blam
What is the ize of the Chinese devaluing?
7 posted on
08/12/2015 6:48:55 AM PDT by
Paladin2
(Ive given up on aphostrophys and spell chek on my current device...)
To: blam
What is the size of the Chinese devaluing?
8 posted on
08/12/2015 6:49:14 AM PDT by
Paladin2
(Ive given up on aphostrophys and spell chek on my current device...)
To: blam
As opposed to what we are in now?
12 posted on
08/12/2015 7:07:55 AM PDT by
dfwgator
To: blam
Once again, I suggest that slowly, over a period of time, to withdraw a significant amount of cash to be kept in several different secure places under your control, but difficult to find during a police search.
Deflation is a huge opportunity to those that have cash, but the first banking and government response is to stop people from spending their money on valuables that are now inexpensive. Instead they want to create a cash shortage until they can flood the market with cash, resulting in serious inflation.
To make matters worse, if done incompetently, this can result in both deflation and inflation at the same time, since they affect different market segments. And having cash works here as well, as you can quickly spend your money before it loses value on those things whose prices are inflating, while spending the rest on those things that are deflating.
14 posted on
08/12/2015 7:29:00 AM PDT by
yefragetuwrabrumuy
("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
To: blam
Nothing that can’t be fixed by cranking the Fed printing presses up to 11.
To: BenLurkin
18 posted on
08/12/2015 9:26:27 AM PDT by
blam
(Jeff Sessions For President)
To: blam
Honestly, I don’t care what their definition of a recession is, with 40-90 million people out of work, you can’t tell me we’re not in the middle of some sort of recession.
This is not a normal economy for the United States, and they continue to lie to us about it.
23 posted on
08/12/2015 11:14:25 AM PDT by
DoughtyOne
(If the fetus at one minute old is not alive, what is it?)
To: blam
Stop, please. You’re low prices are killing me!
26 posted on
08/13/2015 6:11:33 AM PDT by
1010RD
(First, Do No Harm)
To: blam
Will there be a currency war or trade war with China?
Answer: BOTH.
36 posted on
08/13/2015 10:56:28 AM PDT by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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