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World News
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Title: "We're On An Economic Cliff!"
Source: [None]
URL Source: https://www.zerohedge.com/markets/were-economic-cliff
Published: Apr 29, 2021
Author: Tyler Durden
Post Date: 2021-04-29 17:04:31 by Horse
Keywords: None
Views: 202
Comments: 7

"People are losing confidence in economic management. People are less likely to hold US dollars..."


Poster Comment:

If you were overseas, would you hold any dollars you did not need to spend in the immediate future? This will raise prices here in the US forcing others overseas to dump even more dollars. Nigeria just dumped the dollar.

Post Comment   Private Reply   Ignore Thread  


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#1. To: Horse (#0)

Silver, crypto, gold. Not necessarily in that order.

Pinguinite  posted on  2021-04-29   17:23:48 ET  Reply   Trace   Private Reply  


#2. To: Pinguinite (#1)

My 200 shares in Hydrogen tech (dynaCert) have been tanking since I bought in a few months ago. At least it was just extravagant weekend party money ($200 or so), not my life savings.

I still think Hydrogen fuel packs weigh less than lithuim batteries, but that's why I'm still poor, I guess.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2021-04-29   18:22:02 ET  Reply   Trace   Private Reply  


#3. To: Dakmar (#2)

I still think Hydrogen fuel packs weigh less than lithuim batteries, but that's why I'm still poor, I guess.

I'd ask my physicist buddy about that, but he stroked-out several years ago. I bet he'd say it has something to do with the available amount of electrons (short of a nuclear reaction), but it's my understanding that light elements aren't very energy rich.

I'm just an ex-wrench/HUMINT guy, what the hell do I know?

The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell

Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso  posted on  2021-04-29   19:12:28 ET  Reply   Trace   Private Reply  


#4. To: Esso (#3)

Smoking lithium made me sick as hell, man.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2021-04-29   19:15:12 ET  Reply   Trace   Private Reply  


#5. To: Dakmar (#4)

Smoking lithium made me sick as hell, man.

Beer is for pussies. You'll either have to settle for Canadian Whiskey or mac & cheese.

The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell

Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso  posted on  2021-04-29   19:28:38 ET  Reply   Trace   Private Reply  


#6. To: Esso (#5)

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2021-04-29   19:33:39 ET  Reply   Trace   Private Reply  


#7. To: Esso (#5)

Shit! Now I have to pay another $380 or termites will flip my house for Biden!

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2021-04-29   19:39:12 ET  Reply   Trace   Private Reply  


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