The great debt crash

[biglentil]

The can can be kicked no further. What we are witnessing in real time will make the 2008 financial crisis look like a dress rehearsal. Get woke go broke, Western financial institutions are in big trouble.

[AlbertaFarmer5]

The can can be kicked no further.

I think we have heard that before. Someday it will definitely be true. But betting on that has been losing proposition for a long time.

[biglentil]

I think we have heard that before. Someday it will definitely be true. But betting on that has been losing proposition for a long time.

Rather be a year or two early than a second late.

[AlbertaFarmer5]

Rather be a year or two early than a second late.

Absolutely true. The trouble is, how many people have been a decade or three or more early for the inevitable collapse.

[checking]

Absolutely true. The trouble is, how many people have been a decade or three or more early for the inevitable collapse.

Or rise.

[jazz]

Bought all the oil and bank stocks I could today.

The US extended the system after the gold window closed back in 1971 and thats gone for 50 yrs. Imagine we have a ways to go yet.

[Landdownunder]

Some buyers accumulated lots of tonnes here in Nov then vanished until early Feb.

Reputable buyers.

They just couldnt access any more capitol until there first boat sailed.

Wondering if current situiation is going to put a credit crunch on traders and those who buy of the traders.

Many farmers thing traders have unlimted funds well they havent especially the smaller exporters that might on do 2 or 3 shared vessels

[jazz]

Whats another $2tn among friends.

[shtferbrains]

Whats another $2tn among friends.

[ATTACH]12174[/ATTACH]

Is that not QE?

Everybody pays as prices vo up and savings loose value.


Wages will be next.

Treudau is floating a balloon on big handouts in the new budget.

[jazz]

Is that not QE?

Everybody pays as prices vo up and savings loose value.


Wages will be next.

I guess technically a 0% interest loan. Banks will use it to shore up their balance sheet until this blows over, then they will be out playing with it in the markets again shortly.

You can expect inflation to continue, it will never be back to 2% now.

Where will the next speculative bubble come from now. We have had housing, tech a couple times. Could commodities be the next round especially with BRIICS action.

[errolanderson]

ECB hikes rates 50 points (1/2%) this morning. No words . . . .

[Taiga]

Diesel rack dropped 5 cents overnight.