Danish Saxo Bank predicted the end of capitalism in the US in 2024

a reply to: loveguy

I agree with you almost completely.

a reply to: RussianTroll



nice try

a reply to: CriticalStinker

I see a few new acts to ban political trading for House, Congress, and Senate and all politicians in general... But what's weird is I remember such a thing was already passed which prompted A lot of bankers committing suicide several years back in trying to avoid whatever federal prosecutions would be coming their way... So perhaps those are revisionist versions that the other didn't go far enough with...

At least that's what the public was told... As several federal agencies are insider traders of information that can and cannot be released. Compartmentalized based on whatever information they have as secretory stamped... Of which there are several grades of 'secret' some can't leave the agency at all and some of them depending on that level or stamp can be shared between agencies.

Loose lips sink ships is the opposite as at the utmost level there is no boating information between them; The president has to get out of the office and go to the agency then sworn to secrecy on whatever information he received. But agencies unless it is a really need to know basis won't even bother unless directly asked by the president... So what are those secrets you have for my eyes only?

Entertaining bit of propaganda comrade.

It's good to have you around again, I've been worried since that business in Ukraine started.

a reply to: loveguy
I had a thread on ATS on this topic.
The Central Bank of Russia is introducing Islamic banking in the country

a reply to: AdultMaleHumanUK

Alas, I haven’t found it yet. There are too many threads.

a reply to: loveguy

A property lien wouldn't exist without it.

Meaning if one defaulted a loan or failed to pay as per agreement? Then no legal recourse could be taken without usury existing...

a reply to: crowf00t

The Russians don’t give a damn about your presidents, vice-presidents and, in general, the entire system of your democracy. You are her prisoner.
We have our own system, and we are not interested in what a nation that is less than 300 years old thinks about it overseas.
Principle: We do not interfere with your system, you do not interfere with our systems. Don't like the principle? Give it a try. Ukraine is just the beginning))))))

a reply to: RussianTroll

That system is; I hand you you hand me and our hands are bound together until such time we are both satisfied else one of us is going to lose one.

Where capitalism means there is money to be made in watching that monkey knife fight...

Re Goethe where one hand washes the other... in where the knife and binding for hands were procured?

originally posted by: CriticalStinker

originally posted by: RussianTroll

originally posted by: CriticalStinker

originally posted by: RussianTroll

originally posted by: CriticalStinker

originally posted by: FlyersFan

originally posted by: RussianTroll
will face the “end of capitalism” and the first non-standard presidential election.

What is a 'non-standard' presidential election???

It’s kind of like countries that keep the same leader for decades while calling it elections.

Well, or they simply pass on the presidency by inheritance, from father to son or from husband to wife.

There’s been one son that I know of and no wives.

What about Barbara Bush? And Hillary too.

Not to mention Netanyahu and Queen Elizabeth.

Believe it or not, none of those people you listed were a US president.

But, but.
You are doing a "what about" fallacy and complaining he used a "what about your what about" fallacy.
Until the printing presses are turned from printing money to pay off debt while the rest of the world is rejecting fiat and NOT BUYING US Treasury Bonds, nobody is going to be shipping and importing anything of value to the US.
Currency about to crash.
Stock market about to crash.
Crypto about to crash.
All blamed on Biden.
When all the election fraud is exposed now that it is being entered into court due to the frivolous lawsuits against Trump, giving him standing.
It shows an inevitable outcome where elections in 2024 probably will not happen.

a reply to: FarmerSimulation

I’m way less than thrilled in our current situation, but I don’t think all those crashes are imminent. A recession is likely, but that will be global.

In terms of currency, the USD has still been performing well because there is still nothing to replace it for global trade.

Biden has done a horrible job, but you don’t have much of a historical memory if you’re willing to make him a patsy to take all the blame. We’ve had decades of bad decisions by every admin.

The US is still incredibly resource rich, still has its hands in a lot of global tech and logistics, and we still maintain good relations with most of the developed world.

If you truly believe what you’re saying, I strongly suggest getting short positions in the market. You’ll make out randomly if you’re right, which I strongly doubt you will be.

originally posted by: crowf00t
a reply to: RussianTroll

.

Where capitalism means there is money to be made in watching that monkey knife fight...

You have just expressed your attitude to what is happening in Ukraine.
Bravo. I will make this comment when people write cynically to me about the “fight against Putin”)))))))

originally posted by: CriticalStinker
a reply to: crowf00t

Not to mention many investigations have led to the possibility of Putin being the richest person in the world. That’s very curious for a supposed capitalist country when a life long “public servant” is being humored for the richest person on the planet.

It’s no secret that the US struggles with things like insider trading with some of our politicians. But as far as I can tell, that leads to millions, not billions.

There are some politicians here who have amassed wealth through their influence with speaking fees or deals with Netflix *cough Obamas cough*. But that’s quite different than owning some of the companies that switched from public ownership to private, and gaining that ownership because of your power. It’s believed he partially owns some of those large companies that switched from public hands to private for pennies on the dollar.

I’m just again re emphasizing that these are allegations, but every one is welcome to go down this rabbit hole, for me it’s pretty convincing he’s at the least a billionaire, which should raise eyebrows for someone who’s only worked in government.

There’s also reports there’s a targeted campaign for de privatization of sectors of the economy. Essentially bolstering the already oligarch type economy.

That said, there can be similar critiques of America with certain sectors like tech. And I think these conversations should be had, with me often agreeing there’s too much centralization of power without proper competition. But I’d still argue again OP which tries to paint Russia as more capitalist.

Some?
Some?
SOME POLITICIANS?????
Can you name one politician that isn't bought and paid for BEFORE they are allowed to be elected.
And one politician that once elected is not guilty of "legalized" insider trading?
Just one please.
Besides Trump that is.( that should get your goat, or is that goad?
I do not know actually how that term is used properly).
Ron Paul was one possibly.
Can you name another.
It is OK with me if you have to go back a decade or 2 to find an example

a reply to: FarmerSimulation

I don’t like any of the presidents in my lifetime, they’ve all been bad, and most of them have highly questionable dealings.

I don’t like the direction of the government or our economy, I think it’s all been mismanaged horribly.

But contextually, I was addressing your claims that our currency and all markets are about to crash. I don’t think they are.

A lot of my comments in this thread aren’t made under the context America is perfect, rather that OP implied Russia is “more capitalist”, and later implications from the poster that it’s less corrupt.

The only way the US crashes is if a larger economy can take its place, right now there are no competitors. The only two would be China or the EU. Both have worse problems they’re reconciling than the US.

originally posted by: loveguy
a reply to: RussianTroll

👍

Capitalism is OK, usury is not OK. So I'm hoping the practice of usury collapses instead.

usury

Part 1: An Old Argument Against Usury

Dante Alighieri, in Canto XI of his Inferno, places usurers in the 3rd ring of the 7th circle of hell. Those who lend money at interest, then, are placed lower in hell than the greedy, the gluttonous, and the lustful. In fact, they are placed in the same circle as (and a lower ring than) murderers!

Nor was Dante unusual in his condemnation of usury. Plato and Aristotle each condemned...

Spot on!
As a lifelong free market capitalist I agree.
And loved it. But the last few years I have come to understand how I was exploited and have been forced to consider how to correct it. I now realize how it was used to exploit the masses in order to enrich a few.
Just like communism but through different exploitation.
I am envisioning what is to come and believe we are about to merge socialism and free market capitalism with a humanitarian focus for business enterprises to be financed after the planned crash.
A mix of 15 minute cities and UBI for those that choose and sign into it and a meritocracy for those that want to work.

originally posted by: CriticalStinker
a reply to: FarmerSimulation

I’m way less than thrilled in our current situation, but I don’t think all those crashes are imminent. A recession is likely, but that will be global.

In terms of currency, the USD has still been performing well because there is still nothing to replace it for global trade.

Biden has done a horrible job, but you don’t have much of a historical memory if you’re willing to make him a patsy to take all the blame. We’ve had decades of bad decisions by every admin.

The US is still incredibly resource rich, still has its hands in a lot of global tech and logistics, and we still maintain good relations with most of the developed world.

If you truly believe what you’re saying, I strongly suggest getting short positions in the market. You’ll make out randomly if you’re right, which I strongly doubt you will be.

I have been clear that the coming crash is the result of what Trump did that went into effect January 1, 2023.
Just as clear it gets blamed on Biden.
All the bad because of the inevitable crash as the FED is dead.
Then Trump comes back in to lead the entire world in a remarkable recovery and economic boon that leads to the greatest transfer of wealth the world has ever known.
The 1% that own 80% is the big loser.
It is inevitable now as this boat cannot be turned.
It is done!
Rothschild banking is over.

Atm there is a basket of currencies that replaced the petro dollar in SWIFT.
The gold backed Yuan is the current choice by BRICS for Russian oil and gas.
The USA has way more gold to back the new currency than all the other Nations. Even combined.
The FED has finished its 1 year transition into Treasury.
They have to crash it to reform and restart it now.
The corporation died.

Have you ever considered how much better off we will be with no more stock market and demonitizing housing?

Shouldn't the sweat of our brow matter more than narcissistic pursuit of money at all costs without work or toil?

Graft and usury and theft marked the outcome of unrestrained free market capitalism at the expense of the worker.
There most certainly has to be and is a better way.
But first they have to crash it and be born anew like the Phoenix from its ashes.

originally posted by: CriticalStinker
a reply to: FarmerSimulation

I don’t like any of the presidents in my lifetime, they’ve all been bad, and most of them have highly questionable dealings.

I don’t like the direction of the government or our economy, I think it’s all been mismanaged horribly.

But contextually, I was addressing your claims that our currency and all markets are about to crash. I don’t think they are.

A lot of my comments in this thread aren’t made under the context America is perfect, rather that OP implied Russia is “more capitalist”, and later implications from the poster that it’s less corrupt.

The only way the US crashes is if a larger economy can take its place, right now there are no competitors. The only two would be China or the EU. Both have worse problems they’re reconciling than the US.

It is easy to see when you realize our government is not funded by taxes, but from the selling of Treasury Bonds.
And nobody is buying.
In fact BRICS are selling their bonds held in reserve.
It is already done. We are only waiting on the fallout

a reply to: RussianTroll

Taken things personally has skewed the viewpoint I haven't endorsed any Russian president as I didn't see anything wrong with how it was before it broke up into statehood's. It appeared to be a working two party Republic of; communist and socialist.

Some people ideally in the US want to move to a Democratic Socialism... But the opposition always tries to paint it as just communism.

To be honest Bernard Sanders won by a landslide coming in from a third party... But the so called establishment wasn't having it. So what they did was turncoat a Democrat(Trump) into a Republican and then stick a Republican into the Democratic role(Biden) from pressure to fix the turn coat that happened back in Lincolns time that reversed the parties.

So if anything concession is to be made? Is that Democrats and Republicans have the correct politics that got convoluted quite some time ago... Hopefully it doesn't take too long for the public at large to realize those two turn coatings... The one that reversed the roles of those two parties and the one that set them back to what they were.

Meaning all the people that were hating Democrats before made the world at large not understand it as Democrats are typically red painted not blue.

I think Putin has done an outstanding job keeping all of that together since the breaking up of the Republic however most of the world sees him as a populist not a politician.

a reply to: RussianTroll

Comrade its bean almost 24 hours and you have not commented on my take on da US of A stock markeet as your swine bank predicts a failure. NOT

Based on statisteeks dat is nyet da case. Comrade, I for one vant a strong Russia as it keeps all the crazies here in der US of A in der closets. Its like keeping Pussey Riot in der back yard. Mit der sheeps.

Russian National Anthem

In fact comrade. I listened to Russian National Anthum on Boob Tube twice dis morning and it brought tears to my eyes. So much so I recall all those glory years of Wendys sexy swimware commercials as per da link below.

Wendys

You know comrade that hot babe with de flashlight looks like American woman!

Den we have major concert in Moscow and you NO comment from 1991. Vat you dont like tunes or is it song by Metallica?

Moscow Enter Sandman by Metallica 1991

IMO your no Russian commie your a plant for der CIA. AKA Central Imbecile Agency of Pussy Riot.

i don't think i'll start worrying about the the U.S. economy until 1 russian rub = 92 U.S. dollars or 1 russian rub = 5.34753 mexican pesos