Not a great time to live in #turkey right now as the #lira #currency continue to #crash with 85% #inflation https://www.zerohedge.com/personal-finan..
Looks like #china 's #ccp are really in trouble now: https://www.zerohedge.com/geopolitical/b.. The value of their #currency is dropping rapidly, and they have few options available. Let alone their #property #market and #mortgages under massive pressure. An #recession will almost definitely follow now.
Ah, and so the #crypto giants fall. One of the #founders of the #crypto #currency #terra #stablecoin is now #wanted in #southkorea https://www.zerohedge.com/crypto/south-k.. I expect more #manhunts soon...
Interesting, the #us is apparently purposefully creating a #dollar #shortage , driving up #demand externally whilst #printing it like crazy internally: https://www.zerohedge.com/markets/us-cre.. The #us #dollar #demand comes from people wanting to #trade in a " #stable " #currency , although it gives the #us enormous #control .
#russia is about to go into #technical #default on their #foreign #currency #bond #payments https://www.zerohedge.com/markets/putin-.. In a matter of days they are pretty screwed.
#china 's #ccp is demanding that all of their #banks get as much #foreign #currency as much as possible as the #yuan continues to tumble: https://www.zerohedge.com/markets/yuan-t.. What that does is props the #yuan against more #stable #currencies like the #dollar - meaning that if the #chinese #economy crashes it takes them all down with it.
#biden literally has a #marxist #communist #socialist as #comptroller of the #currency - somebody who was a part of and #supporter of the #ussr https://www.zerohedge.com/energy/bidens-.. #sauleomarova puts #biden way closer to #russia than anybody in #trump 's circles. Anyway, she wants to implement her #ideology on the #us #system ... Good luck!
@barray on Fri Oct 08 02:51:31 UTC 2021 said: &eLooks like #india beat me to the punch by 4 years: https://www.zerohedge.com/markets/indian.. *Very smart.* They certainly don't want to get #caught holding #american or #chinese #currency - both are looking very #wobbly right now!Might be a good time to buy up the #gold - as many are selling in favour of a #bitcoin #hedge against #inflation https://www.zerohedge.com/markets/jpmorg.. The price of #bitcoin is based on #stable #coin #conversion #services - #tether is on the absolute brink of #collapse - and is #unstable at the best of times.
A bunch of #china #economy stories this morning. The #ccp have #banned all #crypto #currency #trade in the wake of this #evergrande #default https://www.zerohedge.com/markets/future.. I suspect this is to stop #investors getting their money out of China as nerves build over a crumbling economy. This has hit the #us and #eu #futures as a result. I for one am watching the #stockexchange 's closely!