No.1655751
>>1655658>no plan to enable reverse convertibility plus from what i was reading it was invite deal, not open air crypto. so just an internal BRICS thang, them still rightly mad af about swift
No.1655776
>>1655658Like
>>1655751 said you won't be able to trade it for dollars in large quantities; money changers have always existed historically and you will be able to buy BRICs-coins or whatever if you only need like $5,000 worth for a vacation or something.
No.1655791
>>1655776great effortpost budy
saudis off petrodollar, them and UAE in BRICS, i dont feel so good fiat flock
No.1655806
>>1655776it seems lik a cool idea tbh
the only problem i see is the idea of entering a longterm economic thang w china
thats just asking to be fucked over. practically begging for it
No.1655964
>>1655806well tbf chinr is less likely to mujahedin your bordering cunts
plus theyre prob all sussy af about each other which makes for gud international business
No.1655976
>>1655964wouldnt this totally cuck BR tho?
as i understand it, BRs entire economy has been built up from having pretty severe tariffs on foreign goods. that all goes out the window if you can now trade directly, without even currency exchange, for cheap chink shit. theyll flood your cunt with it and any sort of hope for competitive manufacturing is fucking toast. NAFTA tier. youll have entire cities turning to ghostowns lik the rustbelt in the 90s
No.1655977
idk all im saying is drop china. thats like asking to be turned into some banana republic, just for the far east this time instead
No.1655978
lik if they think that 30% limit of yuan is gonna keep chang from fucking around, theyre clueless. that countrys entire history is so scheisty, its literally baked into their culture at this point. give em an in, and theyll fuck you
No.1655986
>>1655976Nah, Shina imports a shit ton of raw goods/agriculture goods from the Brrrrs. Huezil makes about 30 billion annually off of trading with the chinks (90 billion - 60 billion in imports from yellow land). Under the petrodollar Br has lost 20% of their GDP in the last decade so they're pissed/want out.
>>1655978it's not that simple /sp/ro the chinks are slimy bastards but when it comes to large-scale trade they are fairly stable/trustworthy (as far as international trade goes)
it's just dumb cunts let them buy a naval base or some crap to cover their trade deficit debts and then they're a vassal within a decade if they allow that shit (see: Africa)
No.1655996
>>1655978the other options realistically are IMF or solo. rest of BRIS would live up to its name and peepee cut em if they fuck around while making all these moves against mcbux. them chinky not suicidal
No.1656020
>Bank of America warns that gold may be the final safe haven as US Treasuries face risks from rising national debt.
remember when i made these threads and i told you to buy shiny? you remember not buying shiny? haha those were fun times
No.1656024
>>1656020i member i couldn't afford gold two years ago and i sure af can't afford it now
got some silver tho even if it winds up meaningless i've got something to look at
luv shiny
kill 4 shiny
No.1656103
>>1656020i rember i couldn't afford it then and i sure as shit can't afford it now
i was fucked the moment my little bro lost his job and i covered his ass tho' debating just going homeless and paying off student loans in the next 3 months so i can file for bankruptcy on the rest of my debt
No.1656152
>>1656020work completely dried up, only got a little ;_;
this shit looks p damn good tho eses
https://www.apmex.com/thebullioncard No.1656178
>>1656152huh
thanks for postin that
No.1656223
>>1656182fr having a balance carry over between months is for the kind of retard that gets caught in a debnt spiral, i have faith spartmen aren't that stupid. just have an actual planned budget and boom you're already a step ahead of like 2/3 of fags with cards
No.1656260
buy electronuem please i spent so much mining it and now i have like 700 of it plz make it worth my time and my parents' electric bill
No.1656269
>>1656260actually doesnt look terrible but no etherscan so cant find holders share
got any scoops on it?
No.1656271
>>1656269the scoop is
i mined a ton of it years ago and didn't sell when it was at its highest and i'm still raly upset about it No.1656274
>>1656271ah, i've fumbleld close to a mill between two coins missing tops
and am pretty poor rnif dup gets in crypto may boom again tho
No.1656318
>gambling with fake money
might as well be trading in steam trading cards
No.1656342
>>1656318well theres def more liquidity with shitcoin
No.1656351
>>1656318i have a ton of old csgo cases I've been sitting on for years, will sell when they're like $20 each **except they're falchion cases and nobody really wants the skins or knives in them*"
No.1656354
>>1656351i got a bunch of tf2 cosmetic cases i have no fucking clue what to do with since it costs money just to unlock them so practically nobody wants them.
No.1656356
>>165635490% of tf2 hats are dogshit anyways, even if they're unusuals. the older cases/crates with actual good hats and effects are worth a lot more. as for new ones they just pile up in my inventory and i'll probably never open them anyways
No.1656384
>>1656318its a fake and gay world grandpa
No.1658803
🇺🇸 🇯🇵 🏦 From Nomura Charlie McElligott:
Markets have largely priced in a Trump victory and Wall Street seems to be eyeing a full Republican sweep next week.
In the event of a Harris victory and a gridlocked congress, traders are positioned "Risk Reversal" across asset classes sending bonds higher while sending interest rates, deregulation themes such as bank stocks ($XLF), gold, and bitcoin lower.
In the unlikely event of a full Democratic sweep of both the Senate, the House, and the Presidency, serious acute downside risks for the broader stock market is likely given negative growth implications of re-regulation and corporate tax hikes impact on earnings, especially after markets have already rallied considerably into the election on expectations of tax cuts.
🗒 In simple terms, if Harris wins but congress is R or split, bonds ($TLT) should rally while bank stocks ($XLF) gold, and bitcoin will likely see downside while the broader market ($SPY) will likely still rally into the end of the year
❗️ However, if Democrats sweep all of congress and the presidency, expect a potential -7% to -10% in the broader market ($SPY) over 1 to 3 months after the election
Overall, market participants are "over-hedged" given recent volatility over the past three months. In the absence of a Democratic sweep, hedge funds are going to FOMO into higher net exposure through to the year's end to make up for the cost of current downside hedging and underexposure.
No.1659260
>Boeing to finally dismantle its DEI department.
BUY BUY BUY
THIS IS FINANCIAL ADVICE
No.1659265
>>1659260aint buying till the nigger firings begin
No.1660043
🇦🇷 ⬇⬇⬇ 💵
BLUE DOLLAR UPDATE: $1150
Official dollar sell rate: $1013
Gap between the two: 14
What is the Blue Dollar?
- The Blue Dollar is the black market (ie real) exchange rate between the USD and the ARS, thus it is the best way to track the Argentine inflation rate.
Why is the gap important?
- The gap matters as it shows the imbalance between the official rate and the black market rate, having reached a near 200% gap during the previous administration, it is a priority of the government to be able to get the gap to 0% in order to have a universal free rate as the higher the Blue Dollar gets the larger market share it gets.
Argentina is now very close to achieving financial parity and thus eliminating the financial cepo.
No.1660045
>>1659260do you happen to have any medical and legal advice as well?
No.1660056
>>1659262Does this mean
buy buy buy?
No.1660057
>>1660056that specifically is so i can be be either congratulated or ridiculed over my financial advice of
BUY BUY BUY No.1660078
>>1660045eat more fiber so you don't get hemorrhoids
No.1661884
>>1661856niggers for sale or rent
No.1661891
>>1661884i am out of storage though….
No.1662010
>>1661884poos to let 50 rupees
No.1662028
>>1661856what an incredibly stupid journo question
the govt literally dont have a say
powpow straight up didnt even do that bad as chair tbphwu. he prolly saved >us a few p srs bumps and scrapes along the way. he got in day 1 and totally unwound QE 9000, then actually raised rates to respectable levels, so much that >we were able to smack em back down and dodge the yimflu global recession
well at least we came out p solid comparativelynow hes doing basically the same thing due to bank of japan being in hot water, so hes trying to get out ahead of that by lowering rates
i dont think those charts necessarily indicate perceived weakness in US treasuries. i think it has more to do with the bonds market just not being the place to be rn if dup is about to dupregulate the market again.
think about it from the perspective of the bond kikes: you wanna be in the market that makes the most money. period. the only time US treasuries are that is during natl and intl economic downturn. they have a consistent, and depending on the security, inflation-protected yield. plus if held to maturity, payout of the principal as well.
all well and gud, but if you can safely make 10x that elsewhere, youre gonna buy that instead. youre trading the safety and stasis of fixed income in favor of something more liquid and with more volatility
and hopefully with some tax advantagestl;dr
the fed funds rate is being lowered due to intl reasons
BoJ, but the yield on US govt bonds is still going up cuz unlike intlly, natl shit lookin tasty, so fuck HODLing bonds
No.1662228
>>1661856>No<Can you expand?>NoHonestly he's not doing the worst job. He's out in two years if he fucks up so he's prolly gonna look at Trump policy and adjust accordingly under the assumption that so long as he don't fuck up Trump won't call for his head.
No.1663366
>>1662028>>1662228just because powpow didnt fuck up all the time doesnt mean he was gud
rate cut was bullshit, no way it wasnt political either
look at mortgages after the cuts, or employment numbers. the real ones not the fake ones they revise months later
bro needs to focus home not bank of jap. can only think of one jackson hole speech that wasn't fully fork tongue bullshit
fed mak me seethe regardless tho so w/e i'm prob not bein fair
No.1663566
>>1663366>unfairnah fuck the fed
arrest the banksters