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    Why is the GBP crashing against the USD?

    So many people with conflicting views all trying to be right. We know that's impossible. Some are right, some must therefore be wrong. It's surprisingly easy to tell one from the other.
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    How does 100% inflation and elections in Argentina affect the US?

    You're welcome to look up my extensive posts in the Economics Forum.
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    Why is the GBP crashing against the USD?

    ??? When was it now that we all became aware that the Fed was likely to tighten and forward guidance confirmed. Most of us, including Summers whose wrong as often as right, thought they'd press on until they'd put a good many of us out of work. I know that's what I was expecting. Now I'm not...
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    Why is the GBP crashing against the USD?

    Indeed, thank you! And thanks to Suntrader too.
  5. P

    Why is the GBP crashing against the USD?

    I don't think it is quite as you say. It is simpler than that really. See Suntrader's posts he has it right. Your going to need dollars to buy dollar denominated assets. no more complicated than that. It's yield driven.
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    How does 100% inflation and elections in Argentina affect the US?

    Your opinion is duly noted, however the jury is already in.
  7. P

    How does 100% inflation and elections in Argentina affect the US?

    That's right. I have no time for it at the moment, especially when it's been offered by so many others. It's difficult for us to change our long held beliefs. It seems it took nearly a decade after it was known that ~90% of ulcers were caused by helicobacter pylori for practitioners to start...
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    How does 100% inflation and elections in Argentina affect the US?

    There will be no rush of nations to adopt bitcoin as their unit of account, nor will very many nations print their own money into oblivion. Remarks such as these completely misunderstand the nature of modern Fiat money and of Bitcoin. No doubt you are one that believes nations must operate...
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    What would you do if you were me?

    There is something very wrong here. Where were you born? Where are you living now? And what country are you a citizen of?
  10. P

    The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion

    Maybe it's not too late. Zhong's not anonymous now!
  11. P

    The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion

    Maybe they didn't get him on theft. Without identifying the rightful owner of the bit coins it seems they would have had to have convicted him on some charge other than theft. Probably wire or tax fraud I would think?, or something like that. I doubt the IRS considers stolen income to be...
  12. P

    Everything There Is to Know About Israel in 13 Minutes

    Chomsky at 95, still capable of amazing recall.
  13. P

    Trumpiness is a strong indicator of a high Covid death rate - Most deadly U.S. Counties

    You are not allowed to read to my posts, because you're not sufficiently stupid to appreciate them. Only LacesOut and wildchild are fully qualified to read them.
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    Jamie Dimon warns: ‘Now may be the most dangerous time the world has seen in decades’

    Good to see Dimon concerned about global economic disruptions. He may, however, be ignoring the greatest danger. The MAGA republicans in the House and Senate can shut down the U.S. if the majority of Republicans in the House and Senate sit on their hands and allow them to do it. Unless the...
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    Trumpiness is a strong indicator of a high Covid death rate - Most deadly U.S. Counties

    Republicans have been injecting bleach following the amazing discovery of their leader that bleach kills virus. Nobody knew that before Trump figured it out. But it turns out Bleach kills virus and Republicans. I see two Nobel prizes coming up. Gore for inventing the internet and Trump for...
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    Trumpiness is a strong indicator of a high Covid death rate - Most deadly U.S. Counties

    In other words, "stupidity kills." It would be interesting to see Covid death rate among those who believe the "End Days" are right around the corner, the "The Second Coming is nigh". I would expect to see a similar correlation. The human animal is so fucking bizarre. How do we put up with...
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    Trumpiness is a strong indicator of a high Covid death rate - Most deadly U.S. Counties

    NO. What matters is did you get vaccinated. You can be 100 and have all kinds of shit wrong with you, and if you got vaccinated, you are unlikely to die from Covid! On the other hand, if you didn't get vaccinated and you get covid you're more likely to die from covid than an unvaccinated...
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    The Market is wrong

    I just read this morning in the Times that Chesebro (the fake elector "genius" attorney that just pleaded guilty) had made "several"million in bitcoin in 2014. So what do I know? Well I know this much, I sure as hell am not going to "invest" in bitcoin.
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    The Market is wrong

    Well, is your basis for deciding "right." How do you know the market is right? You buy and the market goes up; the market is right. You buy and the market goes down; the market is wrong???
  20. P

    The Market is wrong

    No No No. stay away from trading bitcoin the same way you would stay away from trading penny stocks.
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