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Quoted: https://www.ar15.com/media/mediaFiles/79930/BA1CAD59-E913-46AC-9AB9-344EF642349C_jpe-2624948.JPG View Quote View All Quotes View All Quotes https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/ LONDON, Dec 5 (Reuters) - Pension funds and other 'non-bank' financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said. The BIS, dubbed the central bank to the world's central banks, also said in its latest quarterly report that 2022's market upheaval had largely been navigated without major issues. Having repeatedly urged central banks to act forcefully to dampen inflation, it struck a more measured tone and picked over crypto market troubles and September's UK bond market turmoil. |
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How did $80,000,000,000,000 get into that retards hands? |
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Quoted: The dude got lucky once so now people think he's some sort of prophet and he keeps making predictions that one day might come true again. Yawn View Quote That's how it works. I think everyday I'll make a prediction that a major earthquake will hit California. The day it happens I'll be known as a true master of clairvoyance. Of course the 1000+ days that I was wrong will be conveniently ignored. |
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Quoted: How did $80,000,000,000,000 get into that retards hands? View Quote View All Quotes View All Quotes Quoted: How did $80,000,000,000,000 get into that retards hands? FX not FTX. Foreign currency swaps. Different retards. |
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I need this to wait until my after my next dental appointment
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Any wanna explain this to me? |
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Shit. I hope it doesn't happen yet. I don't even have night vision yet.
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Move this to the Michael Yon thread. Nothing happening there, either.
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View Quote View All Quotes View All Quotes Quoted: https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/ LONDON, Dec 5 (Reuters) - Pension funds and other 'non-bank' financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said. The BIS, dubbed the central bank to the world's central banks, also said in its latest quarterly report that 2022's market upheaval had largely been navigated without major issues. Having repeatedly urged central banks to act forcefully to dampen inflation, it struck a more measured tone and picked over crypto market troubles and September's UK bond market turmoil. So we're saved? |
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Quoted: https://www.ar15.com/media/mediaFiles/295532/How_about_taking_that_chair_and_propping-2624878.JPG View Quote View All Quotes View All Quotes The chair is against the door? Quoted: See, even page 2 didn't happen This gave me a sensible chuckle. |
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Made it through the production meeting today nothing happened?
Should be an easy rest of the week. |
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3 days ago:
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Quoted: Any wanna explain this to me? View Quote It's a chart of the Dollar Index, a measure of the dollar relative to a basket of other currencies. In the 70's there was very high inflation and so the Fed raised interest rates a lot. Investors could get a better return buying USD and USD debt than other currencies, i.e. demand for USD went up a lot. This is a major problem for the rest of the world that has USD debt but earns in local currencies, as it was back in the 80's. The lower a currency goes against the dollar, the harder it is to pay back their USD denominated debt. The chart appears to suggest that we are in for a repeat where the USD rockets higher against other currencies. It was so bad that treasury and finance ministers met and agreed to the Plaza Accord, which was to devalue the USD so the rest of the world didn't collapse. |
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Why didn't anyone PM me? Should I pop Pmags? I need direction people!!!
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Quoted: Why didn't anyone PM me? Should I pop Pmags? I need direction people!!! View Quote Attached File Attached File |
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Quoted: https://www.ar15.com/media/mediaFiles/79930/BA1CAD59-E913-46AC-9AB9-344EF642349C_jpe-2624948.JPG View Quote Nothing cleared out after 2008. The crackheads have continued leveraging their bets since then |
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Quoted: Can you see any of his tweets at this point? I can't... View Quote He got attacked for saying some stuff about lockdowns, or masks or whatever during peak covid. Never mind that he's a former medical doctor and generally sharp cookie. So he started deleting all his tweets soon after posting. There's a bot account on twitter that retweets them all, saving them for posterity. |
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Mark Wahlberg - Huh What |
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Whats happening? what do I do? Where should I be? how do I get started? what do I do?
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dead cat bounce |
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