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Elon wants a fair government without ridiculous rules, permits are insane!
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(12-22-2024, 10:20 AM)rothschild Wrote: (12-22-2024, 12:11 AM)username Wrote: (12-21-2024, 12:00 PM)rothschild Wrote: (12-20-2024, 11:25 PM)username Wrote: (12-20-2024, 12:41 PM)rothschild Wrote: Be interesting to see what the Federal Reserve chairman has to say about that.
I’m sure Trump is trying to figure out a way where the executive branch is in charge of the federal reserve so it’s moot if he accomplishes that.
Is hubby a FED watcher? If so, he should have some thoughts on this.
Global finance is front and center in the "great reset". My understanding is that CBDC's are being rolled out as a solution for the soon-to-happen banking collapse, which has been in the works for decades. I suppose Trump could be hammering in the final nail in the coffin of the dollar but I don't get the sense that he intends to abandon it in favor of a BRICS template.
My hubby: people have been wrong about that for decades. I’m butchering what he said but he said Trump believes in a strong dollar and blah, blah…something about BRICs not having any bond surety? IDK, he starts talking and my brain mutes at a certain point but I think I can safely say his thoughts about BRICs are pffffttttt. Lol.
You were supposed to take notes.
People have been talking about the dollar being replaced as an international reserve currency since at least 2000. Will all of Trump's horses and all of Trump's men be able to make the dollar great again? I seriously doubt it because Europe is weaker than it's ever been. The only chance I see would be to break up the China-Russia-India axis. If all or most of the mega-billionaires stand with Trump it will happen, but how likely is that? The only reason Musk is with him is because he bought himself some juicy gov't contracts.
Time will tell.
He’s something of a contrarian investor (unrelated to BRICs) but as I said in an earlier post some people were rushing to invest in alternative energy after Biden was elected and he bought oil and gas. While he’s semi invested in AI (Nvidia or whatever) he’s not putting all his eggs in that basket because as other companies start to compete, he anticipates the whole sector taking a hit. He’s actually interested in cheap prices right now in pharmaceuticals. Watching them at least. He looks across the board but he said this morning he isn’t generally looking at investments that already have momentum; he’s looking at the ones that are likely undervalued in the moment-can be bought on the low side anticipating that they’ll rebound and he can take advantage of that.
I’ve probably said enough about his business. Whatever he does, it seems to work for him and keeps his clients happy.
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(12-22-2024, 09:04 PM)username Wrote: (12-22-2024, 10:20 AM)rothschild Wrote: (12-22-2024, 12:11 AM)username Wrote: (12-21-2024, 12:00 PM)rothschild Wrote: (12-20-2024, 11:25 PM)username Wrote: I’m sure Trump is trying to figure out a way where the executive branch is in charge of the federal reserve so it’s moot if he accomplishes that.
Is hubby a FED watcher? If so, he should have some thoughts on this.
Global finance is front and center in the "great reset". My understanding is that CBDC's are being rolled out as a solution for the soon-to-happen banking collapse, which has been in the works for decades. I suppose Trump could be hammering in the final nail in the coffin of the dollar but I don't get the sense that he intends to abandon it in favor of a BRICS template.
My hubby: people have been wrong about that for decades. I’m butchering what he said but he said Trump believes in a strong dollar and blah, blah…something about BRICs not having any bond surety? IDK, he starts talking and my brain mutes at a certain point but I think I can safely say his thoughts about BRICs are pffffttttt. Lol.
You were supposed to take notes.
People have been talking about the dollar being replaced as an international reserve currency since at least 2000. Will all of Trump's horses and all of Trump's men be able to make the dollar great again? I seriously doubt it because Europe is weaker than it's ever been. The only chance I see would be to break up the China-Russia-India axis. If all or most of the mega-billionaires stand with Trump it will happen, but how likely is that? The only reason Musk is with him is because he bought himself some juicy gov't contracts.
Time will tell.
He’s something of a contrarian investor (unrelated to BRICs) but as I said in an earlier post some people were rushing to invest in alternative energy after Biden was elected and he bought oil and gas. While he’s semi invested in AI (Nvidia or whatever) he’s not putting all his eggs in that basket because as other companies start to compete, he anticipates the whole sector taking a hit. He’s actually interested in cheap prices right now in pharmaceuticals. Watching them at least. He looks across the board but he said this morning he isn’t generally looking at investments that already have momentum; he’s looking at the ones that are likely undervalued in the moment-can be bought on the low side anticipating that they’ll rebound and he can take advantage of that.
I’ve probably said enough about his business. Whatever he does, it seems to work for him and keeps his clients happy.
I was kidding about taking notes.
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(12-21-2024, 06:05 PM)rothschild Wrote: (12-21-2024, 12:22 PM)Duchess Wrote: (12-21-2024, 12:00 PM)rothschild Wrote: the final nail in the coffin of the dollar
This sounds deeply concerning. I don't know much of anything about how all that works, but I do know it sounds very bad when you describe it as the final nail.
The dollar represents the old world order, BRICS the new world order. I prefer anarchy because world orders do not favor the common folk.
The British pound marked another world order, and the Roman currency as well, etc., etc. The rise and fall of empires, and the machinations of kingmakers.
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(12-23-2024, 12:08 PM)rothschild Wrote: (12-22-2024, 09:04 PM)username Wrote: (12-22-2024, 10:20 AM)rothschild Wrote: (12-22-2024, 12:11 AM)username Wrote: (12-21-2024, 12:00 PM)rothschild Wrote: Is hubby a FED watcher? If so, he should have some thoughts on this.
Global finance is front and center in the "great reset". My understanding is that CBDC's are being rolled out as a solution for the soon-to-happen banking collapse, which has been in the works for decades. I suppose Trump could be hammering in the final nail in the coffin of the dollar but I don't get the sense that he intends to abandon it in favor of a BRICS template.
My hubby: people have been wrong about that for decades. I’m butchering what he said but he said Trump believes in a strong dollar and blah, blah…something about BRICs not having any bond surety? IDK, he starts talking and my brain mutes at a certain point but I think I can safely say his thoughts about BRICs are pffffttttt. Lol.
You were supposed to take notes.
People have been talking about the dollar being replaced as an international reserve currency since at least 2000. Will all of Trump's horses and all of Trump's men be able to make the dollar great again? I seriously doubt it because Europe is weaker than it's ever been. The only chance I see would be to break up the China-Russia-India axis. If all or most of the mega-billionaires stand with Trump it will happen, but how likely is that? The only reason Musk is with him is because he bought himself some juicy gov't contracts.
Time will tell.
He’s something of a contrarian investor (unrelated to BRICs) but as I said in an earlier post some people were rushing to invest in alternative energy after Biden was elected and he bought oil and gas. While he’s semi invested in AI (Nvidia or whatever) he’s not putting all his eggs in that basket because as other companies start to compete, he anticipates the whole sector taking a hit. He’s actually interested in cheap prices right now in pharmaceuticals. Watching them at least. He looks across the board but he said this morning he isn’t generally looking at investments that already have momentum; he’s looking at the ones that are likely undervalued in the moment-can be bought on the low side anticipating that they’ll rebound and he can take advantage of that.
I’ve probably said enough about his business. Whatever he does, it seems to work for him and keeps his clients happy.
I was kidding about taking notes.
Trust me, I don’t. After all these years I kinda get short selling and stop losses and hedging but 95% goes in one ear and out the other.
One of the easiest lessons he first explained to me (and in hindsight it’s so obvious but so many people don’t get it) is when and why it’s better to have a mortgage vs being in some hurry to pay off a house. It all depends in part on rates but if you can get a bank to lend u money for 3-4% (for example) and write off some of the interest on taxes, take the fucking loan and invest what you COULD pay off on the loan in something else that will give you a better return than the 3-4% ur paying. I can’t tell u how many people I meet who say if they had the cash, they’d buy their home outright. I mean, again it depends on interest rates but it’s a stupid emotional desire not based in logic.
We got 0-1% interest rates on cars we purchased in the last couple years. Ya’ think we didn’t take those loans? Free money to invest! Even if we stuck it in CDs or bonds or something—better than not holding onto our money as long as possible.
Class is dismissed.
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He told people to go to hell.
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