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- AnRan commented Sep 7, 2020
You're right. There is no ability to pay it. The idea is that whole the number is huge, but it's value is less over time. Like 100 dollars today isn't the same as 100 dollars 50 years ago. Just on a much larger scale. Yeah, I posted cause I work ...
- AnRan commented Sep 7, 2020
Your response is something I expected from a fan of the labor party. And I hold true to what I said. The Uk would 100% be one of the countries that bought a portion of the debt. They would need to to protect their own economy. The reality is your ...
- AnRan commented Sep 6, 2020
Yeah, you looked at those stats totally wrong. What does 5x the number of ATM's have to do with US debt? Also, 2000% the amount? there isn't even that much capital in the world, haha. How did you not think that one through first? In 2018 Chinese ...
- AnRan commented Sep 6, 2020
Honestly, thats a really cool glove or sapphire type of image. But when it comes to picking up debt that China would dump, it would be more of a necessity than a "want". Just look at Brexit and what has happened with EURGBP, and what its done to ...
- AnRan commented Sep 6, 2020
That was a typo, it was 350% as a later post I even wrote 200 to over 300. But they'll be over 400% next year, easily. Unless they take over HK faster.
- AnRan commented Sep 6, 2020
yeah, but it doesn't make that big a difference. But it does for countries like China. You're focused on this government, corporate, personal, but is it really any different? Governments keep printing, under-writing corporate debt. When the market ...
- AnRan commented Sep 6, 2020
The limit is actually still pretty far off. Like I said, US debt only just went over 100% of GDP. Where does it end? Well, if the debt keeps rising, outpacing inflation like we've seen with these bailouts, it'll lead to problems. But really just ...
- AnRan commented Sep 5, 2020
The way debt works is a % of GDP and inflation goals. Whats really happening with debt is they are borrowing against future inflationary growth. That's why it's like stealing from the next generation. America is now finally past 100% GDP to debt ...
- AnRan commented Sep 5, 2020
It's about helping to control exchange rates. A country like China, if it sold off debt and started unwinding dollars, it would be in big trouble. They talk tough (i lived in China doing finance for 7 years), but the Chinese yuan is still tied to ...
- AnRan commented Sep 5, 2020
Haha. They already do buy the debt. You didn't really think it's just China and japan? Also, GBP, CAD, SGD, SEK, CHF, they are part of the DXY. They have direct risk. No one wants their currency sky rocketing against the dollar while America is ...
- AnRan commented Sep 5, 2020
This would be great, Japan, the UK, the Saudi's, Singapore, Switzerland would just buy it up. Meanwhile, China is pissing off every single country in its vicinity, be it by sea or land. The holding of debt gives too much security to the big ...
- Posts by Member Search: 'AnRan'