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09-22-2019, 05:19 PM
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#886
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,489
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09-23-2019, 08:09 AM
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#887
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Registered User
Join Date: Jul 2003
Location: central fla.
Posts: 4,874
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Quote:
Originally Posted by fast4522
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I don't disagree that it will be gone SOME day and is on the way out....but it hasn't YET....
ps...used to love seeking alpha....as you must know....better have good malware and virus protection when visiting there....  ....and so many shills as well....
__________________
got handed a lemon...make lemonade....add sugar or brown sugar or stevia or my personal favorite....miracle fruit....google it...thank me later...
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09-23-2019, 08:10 AM
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#888
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,698
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Quote:
Originally Posted by ElKabong
Yes, that's why I post non stop here and defend every post I make. No life at all.
No, wait...
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09-23-2019, 08:53 AM
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#889
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by sammy the sage
I don't disagree that it will be gone SOME day and is on the way out....but it hasn't YET....
ps...used to love seeking alpha....as you must know....better have good malware and virus protection when visiting there.... ....and so many shills as well.... |
There's no feasible alternative to the US dollar. Maybe that will change in the future, but there's no alternative now.
The Yuan, contrary to Trump's claim,* is overvalued, not undervalued. How can I say this? Their banking system is a disaster, and they have capital controls in place. If your currency is underappreciated, you don't need capital controls. Period.
What about the Euro? It faced extinction just 8 years ago. Does anyone really want to park massive amounts of reserves in the EU banking system? How about the Pound Sterling? I think the issues with that currency are readily apparent. The Swiss Franc? Their banking system is 5x to 6x GDP, a radically higher ratio than the US. There are interesting niche currency, but they don't possess the requisite liquidity to serve as an alternative to the US dollar.
*I do agree with Trump that the Chinese steal US IP, unfairly subsidize certain exports and maintain unfair trade barriers to many US goods.
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09-24-2019, 12:45 PM
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#890
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,916
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France, Great Britain, and Germany now agreeing with Trump - Iran is responsible. They are calling for Iran to go bacak to the rtrem of the deal, France even suggesting a new deal might be in order.
Diplomacy - it takes time.
This appears to be a very successful move by Trump. 
__________________
Who does the Racing Form Detective like in this one?
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09-24-2019, 12:55 PM
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#891
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by Tom
France, Great Britain, and Germany now agreeing with Trump - Iran is responsible. They are calling for Iran to go bacak to the rtrem of the deal, France even suggesting a new deal might be in order.
Diplomacy - it takes time.
This appears to be a very successful move by Trump. |
In case you haven't noticed... Iran doesn't care.
This doesn't change their calculus in any way whatsoever.
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09-24-2019, 02:28 PM
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#892
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Quintessential guru
Join Date: Mar 2001
Posts: 11,254
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Quote:
Originally Posted by elysiantraveller
In case you haven't noticed... Iran doesn't care.
This doesn't change their calculus in any way whatsoever.
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In case you haven't notice China is an ally of Iran. China just agreed to a $400. billion deal with Iran. Do you think China would back Iran militarily if the U.S. attacked Iran, due to an attack Saudi Arabia?
Do you want the U.S. to start a conflict, that would escalate quickly due to China's entering the fray, with military action?
__________________
A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.
George Washington
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09-24-2019, 05:22 PM
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#893
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,916
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Quote:
Originally Posted by elysiantraveller
In case you haven't noticed... Iran doesn't care.
This doesn't change their calculus in any way whatsoever.
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So what?
You are just whining now. 
__________________
Who does the Racing Form Detective like in this one?
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09-24-2019, 05:24 PM
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#894
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Registered User
Join Date: Nov 2009
Location: donkeys ride from ASD
Posts: 13,002
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Quote:
Originally Posted by elysiantraveller
In case you haven't noticed... Iran doesn't care.
This doesn't change their calculus in any way whatsoever.
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Use your noodle, for once.
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'complicated business folks, complicated business.'
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09-24-2019, 05:56 PM
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#895
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by Tom
So what?
You are just whining now. |
I'm not the one saying this is working when it isn't.
Iran doesn't give a shit about what the Euros think at this point. They remained compliant with the deal for over a year waiting for them to honor it in spite of US pressure.
If anything this makes Iran more belligerent not less...
They will seek to leverage bad behavior for more favorable terms. There is a dove in the White House so they aren't concerned with a major military response.
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09-25-2019, 01:23 PM
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#896
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,916
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Ely = no clue
__________________
Who does the Racing Form Detective like in this one?
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09-26-2019, 12:39 AM
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#897
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,489
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Quote:
Originally Posted by Tom
Ely = no clue
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Well then its a much different calculus for Ely now.
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09-26-2019, 12:54 AM
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#898
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Registered User
Join Date: May 2011
Posts: 22,675
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Quote:
Originally Posted by elysiantraveller
In case you haven't noticed... Iran doesn't care.
This doesn't change their calculus in any way whatsoever.
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and why should they, with John Kerry feeding them lies that they believe
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09-28-2019, 05:08 PM
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#899
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,698
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Quote:
Originally Posted by PaceAdvantage
John Bolton will one day be the key to everything.
You read it here first.
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Hey, remember when I posted this 10 days ago? Anyone thinking what I'm thinking? Although this would be off the topic of this thread, it sure is interesting... 
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09-28-2019, 08:13 PM
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#900
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Registered User
Join Date: Mar 2014
Location: Connecticut
Posts: 4,906
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Quote:
Originally Posted by PaceAdvantage
Hey, remember when I posted this 10 days ago? Anyone thinking what I'm thinking? Although this would be off the topic of this thread, it sure is interesting... |
What are you thinking?
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