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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (162770)9/25/2020 12:56:02 AM
From: TobagoJack  Read Replies (2) | Respond to of 217835
 
This below is visual

given that it tallies in nominal USD as opposed to purchasing power parity RMB, and given that USD needs to be diluted by Team USA in order to save the world including Team China, spells good tidings for gold, the consolation prize

Given that Team China has capacity to print current exchange rate US$ 50T of collateral-good money to back 250T of funny money (but best funny money at reserve ratio of 20% instead of <2%) should see gold go to 30-50K US$ in future exchange rate money

If so, 2026 / 2032 shall make the dress rehearsal we were and are experiencing in 2020 seem like picnic on a nice Spring day

Re the pandemic, the idea that somehow one can trade off casualties against economic loss appears faulty, except in the case of China, but the protocol there (3.x deaths per million) required extraordinary and decisive political leadership, as well as in the aggregate disciplined for-the-greater-good population

zerohedge.com

The $88 Trillion World Economy In One Chart



ourworldindata.org

The scale of the economic downturn is shocking


No sign of a health-economy trade-off, quite the opposite


Brazil revisiting 2009 brazil Q2 contraction


Brazil death per million is higher than USA for whatever reason even as its folks are younger and presumably healthier statista.com