Originally posted by TwoWolves
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Why is no one talking about Turkey?
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“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.” -
Originally posted by darmstadt View PostMaybe old Donald saw this and as he doesn't like the EU (or anyone who doesn't like him) much, decided to get in first
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Originally posted by BlasterBates View Postah the imminent break up of the Euro, indeed. You're not a regular reader of Ambrose Evans-Pritchard ?
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Originally posted by scooterscot View Postyup strong as ever
Would you put that daily wail down and start thinking for yourself, please!!
It had halved by the late 1970s.
It was at near parity when we joined the ERM.
Now its at $1.3 which is still much higher than the ERM days.
It has been near here a few times before.
So if we leave the EU do we go back up to $2.75 / £1?
I'll take that.Always forgive your enemies; nothing annoys them so much.Comment
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Him and Boris would get on well.
President Erdoğan has also declared that spreading false news about false news about Turkey’s economy is “treason”."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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If there are dollars under your pillow, take these out.
“If there are euros, take these out … immediately give these to the banks and convert to Turkish lira and, by doing this, we fight this war of independence and the future. Because this is the language they understand.”
."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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He wants the Turkish citizens to convert their $ to lira so he can pay the international debt held in dollars.
The $ will not be replaced as the world's main reserve currency while the USA are willing to go to war over the $ for such things as oil being priced in $. They may be the biggest bully but they also have the biggest military to back it up.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Originally posted by scooterscot View PostThe whole world is in debt. China, the US, UK... not just isolated to the EU. There'll be a massive realisation of those unsustainable debt levels, a collapse and a massive transfer of wealth to a new generation.
Transferring wealth around the world without border control will be become normal, probably all on blockchain.
I'd put money that the US dollar will collapse this year or early next and that you'll see some US states become independent. Those states responsible for generating most of the US GDP. Protectionism always ends one one and it's not the way Trump would like.
WALOB
They'll go to war with someone to prevent that; they always have done.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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The dollar's collapse will be the result of an internal function. I don't think they'll have another civil war even though they're quite thick.
Keep in mind there's only 4 or 5 states in the US responsible for generating 80% of US GDP. And those states are not republican.Last edited by scooterscot; 13 August 2018, 14:07."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThe dollar's collapse will be the result of an internal function. I don't think they'll have another civil war even though they're quite thick.
Keep in mind there's only 4 or 5 states in the US responsible for generating 80% of US GDP. And those states are not republican.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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