yoda123 Posted April 4, 2023 Report Posted April 4, 2023 4 minutes ago, Arrogant_champ said: If it really comes to dollar has been highly devalued (which doesn't happen), they will ruin a country probably UK or Japan, dollar rises again. true ... in addition some how china will never over take the US ... 2. if India tries to overtake ... again india may break like USSR Quote
Arrogant_champ Posted April 4, 2023 Report Posted April 4, 2023 3 minutes ago, yoda123 said: true ... in addition some how china will never over take the US ... 2. if India tries to overtake ... again india may break like USSR If that happens I propose USSI (United States of South India)... just kidding... tamil will f.uck it up Quote
Manishican Posted April 4, 2023 Author Report Posted April 4, 2023 1 hour ago, yoda123 said: https://finance.yahoo.com/news/warren-buffett-explains-the-simple-reason-why-the-us-will-never-default-on-its-debt-185105213.html US will never default the debt .... as it is the one that 'produces' (not prints) the money in the world ... the buck starts from here .. the buck stops here ... in US !!! get this sink in !! I doubt this. Obama agreed to whatever Republicans asked in 2011. https://en.m.wikipedia.org/wiki/2011_United_States_debt-ceiling_crisis Quote
yoda123 Posted April 4, 2023 Report Posted April 4, 2023 1 hour ago, Manishican said: I doubt this. Obama agreed to whatever Republicans asked in 2011. https://en.m.wikipedia.org/wiki/2011_United_States_debt-ceiling_crisis there are many many ways US controls the world economy in its own terms ... innovation, services, technology, - and weapons and war ... it won't let other countries to take over in any sector ... if it won't serve the cause of USA... eve the covid vaccine at a chepaer rate to India was a bitter pill to US pharma companies ... Quote
pakeer_saab Posted April 4, 2023 Report Posted April 4, 2023 4 hours ago, yoda123 said: true ... in addition some how china will never over take the US ... 2. if India tries to overtake ... again india may break like USSR there is more possibility of US and China breaking up before India does Quote
pakeer_saab Posted April 4, 2023 Report Posted April 4, 2023 4 hours ago, Manishican said: I doubt this. Obama agreed to whatever Republicans asked in 2011. https://en.m.wikipedia.org/wiki/2011_United_States_debt-ceiling_crisis we have sleepyjoe today not obama, with the levels of damage democrats did, there is no way republicans will budge to any demands Quote
pakeer_saab Posted April 4, 2023 Report Posted April 4, 2023 7 hours ago, AndhraneedSCS said: Can JP print money and pay all the debt? he has been printing already through back door, Fed is a private entity held by private entities it is not a govt agency 1 Quote
Ravi860 Posted April 4, 2023 Report Posted April 4, 2023 Definitely printing happening now with banks drama.. probably less. Look at bond and yield market and DXY Quote
8pm Posted April 4, 2023 Report Posted April 4, 2023 6 hours ago, TexasAdda said: Don’t leave us🥺 Sarele edvak Quote
Manishican Posted April 4, 2023 Author Report Posted April 4, 2023 20 minutes ago, pakeer_saab said: we have sleepyjoe today not obama, with the levels of damage democrats did, there is no way republicans will budge to any demands Yes chances of default atleast temporarily are very high. Quote
yoda123 Posted April 5, 2023 Report Posted April 5, 2023 10 hours ago, pakeer_saab said: there is more possibility of US and China breaking up before India does that’s true. breaking india appears to be an easy task … but it’s an almost impossible thing … as we are ingrained with unity etc Quote
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