Posted on 08/27/2022 6:22:55 AM PDT by PK1991
Emerging markets are burning through stockpiles of U.S. dollars and other foreign currency at the fastest rate since 2008, raising the risk of a wave of defaults across the world’s most fragile economies.
Emerging and developing nations’ foreign reserves have shrunk by $379 billion this year through June, according to data from the International Monetary Fund. Excluding the effects of exchange-rate fluctuations and the large foreign-exchange holdings of China and Gulf oil exporters, emerging markets are seeing the biggest drawdowns since 2008 according to JPMorgan Chase & Co.
If America actually cared about emerging countries and the health and prosperity of their people, they’d start building pipelines across America and refining more oil into the products the entire world needs. Why aren’t we doing that? Because at the moment we have a government concentrating on Climate Change and gender change. Neither or which are good for America. This is a case where what’s good for America and Americans is also good for the world.
With the UDS/Euro exchange rate it’s a good time to go to Europe for a vacation!
God is allowing everything to happen in proportion to our rebellion.
I can’t remember the verse, but I do remember God saying that He is willing to allow nations to disappear if they are prepared to rebel against Him to that point.
It was a verse that had to do with Israel specifically and it was one of the major prophets that said that, I believe
However, I think it is a principle that God prepared to allow any nation to disappear that insists on rebelling.
Biden is doing a great job destroying the World, Economic collapse of Countries, providing funding to Russia for the Ukraine War, shortages of food due to high fertilizer costs, ergo, Famine just to name a few.
So...no list?
I bet the Ruble is not on the list...
And the EU should be.
I’ve heard recently that the BRIC nations — Brazil, Russia, India, China — are making plans to drop the US dollar as their reserve currency, and several smaller nations are interested in joining them. This could get interesting . . .
Plugs the Pedo is not running the show. He’s just a corrupt puppet who stays bought and follows orders.
Climate and gender change are just tools the globalists are using to destroy Judeo Christian Western Civilization.
Our Republic, in particular.
A well armed, rational thinker, raised in the shade of the Tree of Liberty, is the greatest threat to the elites and their “one world” tyranny.
Well, yes it is! Highly recommended. Spain can be very nice everywhere, in September-October. The ideal time is April-June imho, but that is all arguable. Spain is lovely btw.
I dont know why everyone shows up in July-August, that just seems like masochism.
He has a list a short way into the video. It comes from a Wall Street journal article so I can’t access the full article with the list. Here is a listing from last month. Ukraine is on top of the list but we know there is no risk there. Biden sends Billions every day to them. They have Russia on this list, I guess with the idea the “Russian” sanctions create a technical default. https://www.thedailystar.net/business/news/the-big-default-the-dozen-countries-the-danger-zone-3071781
Biden is living proof the 17th Amendment needs to be repealed
The US should not send energy or food to any country that can’t pay for them.
Spend all you want! We'll make more!
That and the XXth. The women got the vote and the nation got Harding. It's only gotten worse from there.
Dementia jo….send money…
Most everyone has said for years “There’s no free lunch and we are going to have to pay the price for zero interest rates and an over-stimulated economy in order to get back to normalcy.”
Now we are just starting to pay that price and everyone is having a fit. Short memories.
“The US should not send energy or food to any country that can’t pay for them.”
Actually, you’re probably thinking of foreign aid. The way that works is, the US gives “credit” to other countries. They use that credit to buy American products. This is how we support our industries without seeming to do so. So, technically, they will be paying for it. That money is going to be given away whether we like it or not; because of lobbyists from the people who will be paid. There is a myriad of other reasons for this, some good, some bad, some evil. But there is nothing you or I or even any politician we elect to office despite what that politician says they are going to do that will prevent the foreign aid being given. So, if we are producing the maximum amount of oil and gas, even if the reason was to help other countries, we the public also benefit.
The only “products” we are likely to “give” are weapons. We usually give those weapons for an immediate strategic advantage. Think of all the weapons everyone is mad about giving to Ukraine. (Surge of anger, right?) Now think of the strategic reason those weapons are being given. Russia has been threatening nuclear Armageddon if they don’t get their way for nearly seventy years. Ukraine is using the gift weapons and Ukrainian blood to weaken and perhaps collapse Russia without a single American life lost. While this sucks for Ukraine, at the moment they are happy with the trade. Now, what is one possible outcome of this? If Russia wants back in the good graces of the West then they’ll have to reduce or eliminate their nuclear arsenal. It will probably just be reduced as they will need to move them all to their Siberian frontier. If you want to know why, look at the area between their border and China. On the Chinese side every bit of land has been timbered and turned into waste by mining or farmland. On the Russian side there is virgin Tundra and forest. At some point China will invade Russia and annex their land. The area is already settled by more Chinese immigrants or squatters than Russia. Using Russia’s own arguments about language works against them here. I conclude, giving stuff to Ukraine so they can fight Russia is good. (Donning flameproof personal protective gear.)
He doesn’t need to. He’s a True Believer.
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