/biz/ - Business & Finance

>>50163835
I not only predicted this but told you low IQ morons to short at the exact moment and made millions.

It's only transitioning. Nothing to worry about

>>50163835
>nothingburger
ok.

>>50163835
no. The dollar is just mooning. Check swizz franc dollar pair

Btc price in usd and eur is nearly the same now

>>50163835
Feels good to see EU and the entire world collapse in our lifetime. I'm gonna start a bug farm and make millions!

no need for the euro in the world of the digitual yuan, backed by 5,000 years of civilized proof of stake.

>>50163932
bsn already failed bug

>>50163835
Its almost 1 to 1 with the dollar. The uk was right to jump ship.

>>50164132
lol they fucked even more

>>50163862
stop LARPING as me cunt, you arent wrong however, I did tell them

>>50163862
Forex anon I'm sorry I didn't listen what should I do now?

>>50163835
What are the consequences for Europeans like me if the Dollar is worth more than the Euro?

>>50164195
become a prostitute for rich Americans

>>50163835
forex trader here. who of you laughed at me a few days ago when i said dollar superspike incoming? Now we are at the verge of breakout...
its over Eurobros.

>>50164195
More inflation and general poverty. The Italians finally did it, they took us all down with them. The euro will become a soft currency.

>>50164204
>become a prostitute for rich Americans
I can't see why. Imports will be more expensive, but we don't really import from the US so it doesn't affect us.

>>50164223
>but we don't really import from the US so it doesn't affect us.

we do. low IQ people think we don't.

>>50164132
uk never had euro you dimwit

>>50164223
Dude, you realize nearly all commodities are traded in fucking USD on the world market? Oil, gold, copper. All that shit. Our exports are going down the drain as well because of this. We are not competitive anymore. That's what you get for Romanizing the fucking ECB. An Italian style stagnant economy and a banana republic currency that goes with it.

Now the retards will go full devaluation like the fucking Italians have been doing before they found the pot with money at the end of the blue yellow starred rainbow. Fucking hell! I always loved the idea of a euro and EU but it all went to shit in less than 20 years. Why did we let meds run our fucking economy and currency? WHY!?

>>50164230
we don't, low IQ people think we are actually depending on US

>>50164249
You pay for oil and gas in dollars not euro's. We destroyed our own energy industry because of virtue signalling unelected bureaucrats. This is the EU/eurozone endgame.

THE EUROCOIN IS RUGGING MY BASTERDS

>>50164279
back to /pol/, your peanut brain is shining through

next time dont get your info from obese schoolshooters

AAAAAAAAAAAAAAA MY FUCKING EURORINOOOOOOOOOOOOOOS

>>50164303
You are the biggest retard here friend. Only thing you contributed is ad hominems. The EU is going into a much deeper recession than the US and a long term stagflationary scenario is not unthinkable at all.

>>50164195
Everything that is imported globally will be more expensive.
If you work in some export or touristic industry however you're likely going to make more money.

>>50164279
your take is charitable
it makes more sense to assume the EU does what it does at the behalf of its american masters

>>50164320
>USD gets more expensive
>US exports less because worldwide less stuff is affordable form the US
>problem solves itself

>ad hominems
babbyboi learned a word in his highschool debate class?

>>50163902
switzerland is projected to receive a large quantity of nuclear fallout in the RAND models

>>50164324
Export going up is a meme when the inflation stems from commodities needed to make export products.

>>50164348
Aah you are indeed a retard. Good to know. Now let the rest of us have discussion and read some articles on wikipedia or investopedia or some shit.

>>50164367
>cries about being implied to be a retard
>thinks he is le epic debater by tossing around latin words
>proceeds to use le ebin ad hominem himself

neck yourself you american cocksucker

>>50163835
Literal shitcoin. It has so much to fall that's not even funny

>>50164244
No but we would have been involved in sorting out the mess the PIGS made if we had stayed. Now it's not our problem.

>>50164348
you think europe is magically going to automatically pick up all the slack from reduced US exports? more like asian countries outside of china will eat up your markets. goodbye eurofags, this is the SEA century

>>50164388
>whines about me calling him out on an ad hominem
>now whines about being served the same

Haha little Italian bitch nigga. The money well is running dry and soon your unelected bankster Super Mario is going to be ousted. How does it feel to be the handicapped retard in a Union with Eastern Europe?

don't forge to lube

>>50164391
Lucky bastards. I don't think Northern taxpayers will be willing to pay for Italian frivolities for much longer though.

>>50164414
good thing im married to a viet nigger girl

>>50164218
>>50164230
>>50164248
>>50164324

Do you know what fixes this? Exactly, raising rates. The moment the ECB raises rates the EUR/USD goes back to $1.5 per Euro because the dollar is shit.

>>50163902
you're retarded, CHF is up .9% against the euro too

>>50164415
>>50164428
the northern countires will benefit immensely from enslaving poor southern europe

IT WON'T STOP DUMPING THERE'S NO BOTTOM AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHH

Make sure you turn off your heating tonight EU’s.

>>50164440
Thats the issue. The ECB can't raise rates as it will send Italy into a tailspin followed by the rest of Club Med. The only way to raise rate is to do debt mutualization to a certain degree. In orther words, the Northern taxpayers who have managed their debt will again have to foot the bill. Not only is this immoral, it is actually illegal in nearly all treaties.

>>50164472
After Italy has been scammed into joining the EU and getting fucked royally and drained dry by the ECB jews, during that time, if my country causes the rest of the union to blow up i'll fucking celebrate.

>>50164467
anon it's summer

>>50164188
I never use commas nice try you larping low IQ idiot

>>50164504
They use it to heat their water.

Do we buy?

>>50164501
Haha, come on man. Italy and Greece literally cooked the books to get into the eurozone. Then they got access to cheap liquidity. They just burned it on frivolities and never built a competitive economy. Combine that with weak politicians (how many governments did Italy have in the past decade?) and other factors and we get 20 years of stagnation. Nobody to blame but yourself.
>more corrupt than Romania
>low education levels
>far too much red tape
>taxes to high but nobody pays them
>unreformable
At some point it is time to see that the Italian economy is beginning to become a sunk cost fallacy. Best to kick them out now and let them sort it out on their own. Maybe they can join forces with like minded countries. Do you really want to be remembered as the fucks that destroyed the economy of 500billion people because you couldn't keep your money in your wallet?

>>50164506
I will dip my balls in the toilet bowl and make you slurp them dry faggot

do not redeem you bloody cyka blet

>>50164188
>>50164506
where do you play forex that has an API I can put a bot on for $1-10 bet's per pair?

>>50164424
Europe really thought they could assfuck Russia with sanctions and they wouldn’t do anything to retaliate? Now they will send their gas to the south/east instead. They make a little less money because of increased shipping costs, but they destroy Europe in the process

>>50164539
Can you spot the exact moment italy started its stagnatioN?

https://www.youtube.com/watch?v=H5Ci_x9gNQE

>>50164588
When it wasn't able anymore to devalue its currency and had to stick to the rules.

Stole this of twitter:
Italy has depended on the ECB to indirectly fund ALL its debt issuance (black) in 6 of the past 7 years: 2015, 2016, 2017, 2018, 2020 & 2021 (blue). So the recent rise in Italian spreads isn't "fragmentation." That's just markets finding a price at which they're willing to buy...

>tfw my countrys entering the eurozone in 6 months

What do

>>50164588
Whoops cut the years
>>50164595

>>50164595
>When it wasn't able anymore to devalue its currency

Just like the euro and every other fiat currency in the last decades right?

>>50163835
stop shilling shitcoins dude

Americhads…when do we stop winning?

>>50164302
DO NO REDEEM THE BLOODY EURO SIRS

>>50164539
The EU got access to easy demand.
You have no idea what you are talking about.
You are either an autistic Dutchoid or German.

>>50164588
>reddito

>>50164645
>seething med

What would happen with Italy and the whole Eurozone if the ECB raises rates?

>>50164573
gas increased in prices significantly this year, Russia now makes more from selling gas than ever since they're selling less for me.
Thanks NATO

>>50164620
Yes but that is because the euro is becoming the Lira. The only way we can stay competitive is devaluation like some banana republic.

See: From 1945 to 1995 there was an understanding that Italy would devalue the lira. This is what Italy did. Traditionally, it devalued the lira every few years. This kept Italian industry competitive.

For example, when Italy joined the European Monetary System, in 1979, the exchange rate was 443 lire per Deutschmark. By 1990, the year of German reunification, the rate was 750.

>>50164651
Dutch or German export to Italy is certainly a driver (although Italy has a trade surplus unlike for example France) but does it really weigh up to the risk of Germans and Dutch taxpayers actually having to cough up the liquidity used to pay for their goods? Nah. Only big companies profit from it anyway. The average Dutch just sees his savings going to shit as it indirectly finances the Italian deficit.

>>50164669
If you loved Greece & Italy joining the EU you're going to shit your pants when Albania, Kosovo, Serbia, Montenegro and Bosnia make it in.

>>50164686
>The only way we can stay competitive is devaluation like some banana republic
You seem to miss the point that fiat money is the ponzi scam itself, and every currency is doomed to eternal devaluation, dollar included, being only the last one to devalue being reserve currency.

It's not a banana republic, it's a clown world.

>>50164688
what about pooland

>>50164730
>>50164686
I'll add, the ponzi can't last forever, so prepare accordingly when starving gangs with machetes knock at your door.

>>50164681
Realistically without any YCC or monetary financing:
>The ECB is currently the only buyer of Italian debt - nobody in the market wants to take the risk
>spreads between German (safe) and Italian debt will blow out as the market now sets the rate on Italian debt
>Italy never took the low interst rate environment to prolong the average maturity of its debt
>this means that within only a few years Italian debt will be unservable
>contagion will mean also the spread on Spanish, Portuguese, Greek etc. bonds will blow out
>another eurocrisis
>"Whatever it takes" is not an option anymore

Of course this won't happen. The ECB is already planning a new tool which will take risk away from Med debt and shovel it over the border to unsuspecting Northern taxpayers. We will be liable for huge amounts of Med debt that will likely never be repaid.

>>50164730
Although I get your point you have to realize that the euro is devaluing much faster and our Central Bank is one of the furthest behind the curve.

>>50163862
It’ll bounce now. It’ll close around 1.04000 today.

>>50163884
>Theres a 60% chance its going to an hero

>euro lowest point in 20 years
should i buy the fucking dip

>>50164753
LOWER

>>50164749
Mate I'm really scared because things don't look good for Europe. I live in Spain and the government is telling us that everything's fine and better than ever, but I know it's not. You guys are saying that it never happens anything bad because the ECB always plans new tools to save the day but for how long? I fear the day when the "whatever it takes" doesn't work anymore and the countries in the Eurozone begin to default one after another, I don't know what to do. I'm unironically scared of this shit.

>>50164527
what about electric boilers?

>>50164688
The sheer workforce produced by those countries compared to rich meds and the robotic norths will only make a positive dent (they will work in Germany for Germany of course). They arent lazy like the rich meds, and are smart unlike the robots. Every single one will either be a small scale entepreneur or sell drugs.

>>50164789
Sounds more like you should consider slowly dipping into equities and crypto, check the dxy, it may have some more room to go, but i'd consider DCAing into stuff slowly, and go all in if there's any kind of further crash or dollar topping.

>>50164802
ECB is planning to raise rates in July, it was 0 interest for decades.

>>50164813
Anon their main exports are prostitutes, ex-yugo weapons, drugs and organs, what the fuck are you talking about?

>>50164367
>Export going up is a meme when the inflation stems from commodities needed to make export products.

that's true. more likely is the industries just collapse.

>>50164826
I bet they'll pussy out, it just won't happen without crashing the euro economy, just like the FED will bring 0 interest rates in september

>>50164831
at least they export something

>>50164802
Ow no the tool the ECB is making is not only highly illegal (and can easily be fought by the bundesferfassungsgericht). It is also impossible to set up properly because there is no way a banker or commission can decide what "fragmentation" is. QE is not an option anymore as it is exactly what brought us here; a zombified stagnant and overindebted economy. Something needs to break in my opinion and no central banker will be able to make tools to fight of a years long period of stagnation or even stagflation.

>>50164826
It will raise rates but also set up a new QE tool for Club Med. The market doesn't believe in this as it is in fact schrodingers QE. The ECB lost all credibility and I would be surprised if Lagarde manages to sit out her term.

I think the ECB will be able to supress the spreads with retoric and other bullshit (all illegal if actually done) but the ellections in Italy are going to be pivotal and another moment where spreads will explode. Italy is always close to a political crisis.

>>50164834
Thats what we are seeing now in Germany. And if Germany goes to shit the euro goes to shit.

>>50164813
interact with ONE albanian and you'll change your mind
they're not gypsy tier, sure, but they're negro tier

>>50164838
>just like the FED will bring 0 interest rates in september
And that will only fuel more and bigger bubbles. We can't keep rates at 0 forever, at some point we'll have to raise them and crash the economy. Mate, don't you see we're in a rat trap? I'm becoming a gold maximalist as we speak.

Knew it was a fucking German kek

>>50164831
ma jebo ti ja mater svapsku

>>50164851
>>50164838

>>50164870
>gold maximalist as we speak
good, get some crypto too, you never know

>And that will only fuel more and bigger bubbles
Use those bubbles to survive the giga bubble the whole world economy is already in, and accumulate commodities and digital assets if you believe in them

>We can't keep rates at 0 forever, at some point we'll have to raise them and crash the economy
They will let the system fail i believe, none will take the reins and cause a crash, they'll literally rug the western civilization rather than letting it crash.

Accumulate food, have fresh water sources, and daily goods, and buy other valuable commodities with the extra money.

>>50164879
Funny how they say "russian war disrupt economies" when it's actually printing gibs and sanctions.
what a bunch of clowns lol

>>50164879
Raising rates and then setting up a tool which will limit rates for more than half of the monetary union is bullshit though and the markets know this and will test this relentlesly. I would not be surprised if in a year bond buying of Club Med will still be 100% of issuance (it is no 110%).

Also they are raising from negative to still negative is incomparable to other CB's who are at least trying.

>>50164879
You're still at the phase where you trust the lies?

>>50164218
What the fuck did we do now, Germany's the one who calls the shots

>>50164218
>the Italians
Seething germoids

>>50164962
The ECB has been run my meds for two terms now my man. First that bankster Draghi and now that convicted criminal Lagarde. In exchange they got VDL but she is easily controlled by Macron.

>>50164472
>The Nothern Tax payers

The North has been rigging the economy to benefit Brussels and Germany for years. Now the EU is outlawing fertilizer in the netherlands. EU's been conquered by German bureaucrats.

>>50164962
This, our very prime minister is at the service of JP morgan, and has always been, and a good majority of our politicians are bribed by soros himself (from leaks).
Italy doesn't call the shots, we're a colony in all of its aspects, our head has been hijacked
>>50164980

>>50164988
The French dominate Argicultural policy in the EU. Also that policy (which comes from the EC) is incomparable to the ECB (which is run by Italians and French).

When this whole show started the Germans made a deal with the French (who wanted the euro). The Germans could form their united country in exchange for the euro. Then the Germans also demanded that the ECB would be modelled on the bundesbank and the euro would become a strong currency.

>>50165006
Italy calls the shot because of its weakness. The EU is a union of losers where the ones falling behind de facto determine policy because the alternative is letting them fall and potentially ending the euro / EU project. Italy has everybody by the balls, especially with elections around the corner and the populist right potentially doing well. Italy will have its spread control tool no matter the cost to other member state's taxpayers.

>>50163918
If you don't have a garloid farm by now, you unironically NGMI

>>50165037
Elections don't matter anymore, politics simply don't matter anymore in this country, any real populist party has been thoroughly neutered, and our voting system assures that a real majority never wins, and the "majority" has always to put up with the second largest voted party, often times opposing, in a way or another.
This situation assures that we're impossible to govern and every election will have some banker's crony at our head

Italy doesn't call the shots, it's those that control it that do, the control is never italian doing italian interests, else we wouldn't be sending armaments to Ukraine under secrecy of what those consist of.

Everyone blame Italy but not my country Spain.

>>50165162
Spain actually did quite a lot in order to improve its situation since the 2008. For example their bond maturity has already been prolonged significantly. Italy is maybe the canary in the coalmine but the achilles heel of the eurozone. At least Greece and Poortugal are not too big to bail.

>>50164935
they have no choice, some anons were saying regular food they usually buy jumped almost twice in price, this is not some retarded shit like videocards

>>50164821
some anon predicted 120 dxy long time ago and his chart has been spot on so far. I think we bottom next year

>>50165282
Some guys think it's the milkshake

>>50165251
Double it again, and then again, that's where we're heading

>>50165342
where do you live anon and how is your life changed?

>>50164749
the ECB is working on that tool but it's not at all clear whether they'll be successful, because it depends entirely on the amount of german bonds and such that they have on their balance sheet.
i suspect that most of the ECB balance sheet are garbage bonds, not ones that are in high demand like german ones. so their leverage for this type of yield rebalancing is pretty low, and might run out far before the crisis is resolved.

Is it a good idea now as an eurocuck to have mostly American stonks?

>>50165366
I live in center north, food is still relatively cheap in my area compared to abroad, since there's a large production of all types of food in this area.

The prices of gas though they of course skyrocketed and most people won't be able to meet their payments, like the large majority of people don't even have 2000€ in their banks as saving.

My life personally hasn't changed much, i'm just trying to make it before the end, but my capital is as limited as the time left.
I'm going to wageslave soon to buy some shitcoin projects i believe in and hope the economy doesn't go bust within the next year.

>>50163862
>>50164188
>>50164506
I am spartacus

we should genocide the meds.

Mediterraneans, rejoice. The north will sacrifice their economies to keep ourselves and our stupid NWO policies afloat.

Why doesn’t the EU and NATO just invade and take all the Russian natural gas for themselves?

>>50165508
Guess you forgot about the 1000 nukes

>>50165508
Google nuclear winter

>>50164195
American tourists crowding your cities

>>50165508
Well, the EU have an army so that’s the first problem.

>>50165508
Read the history books what happened to the last two countries that invaded Russia

i'm an irish guy who gets paid in USD.
it's like i've had a 20% pay increase in the past year, just from exchange rates.
this is incredible. going home at summer is going to be so cheap
my 300k USD savings are now actually worth almost 300k euro, it's like 40k euro out of nowhere
long may it continue

>>50165593
shit in your homeland increased in price you idiot

>>50163835
pls more rug more euro doesnt deserve to be still this high

>>50165593
Bro, I'm in fucking Latvia, work remotely and get paid in USD. This increase sure is nice, but it means fuck all when the official inflation is 16%, and realistically the prices have risen 70-100%.

>>50163835
Good.

>>50163835
As an Eurocuck, is it a good idea to sell assets on euro and buy crypto instead ?

>>50165522
I honestly don't think they have a huge amount of functional ones anymore. They need to be rebuilt every 20 years or something, and russia has been fucked economically since the 90's.

>>50165829
One nuke is enough to pretty much fuck over the entire world order. Imagine a nuclear detonation that levels a major western capital for example. Western retaliation will make most of Eurasia a barren wasteland for 200+ years.

>>50165829
>I honestly don't think they have a huge amount of functional ones anymore. They need to be rebuilt every 20 years or something, and russia has been fucked economically since the 90's.
They only need one to end the world as we know it.

>>50163862
>so many millionaires on /biz yet not even one logical post
sure u did anon
are you also brown by any chance?

Not like this, eurosisters. The chuds can't win.

>>50165887
If they only have one I hope they'll use it on Berlin!

>>50164802
>doubting our government
ngmi.

>>50163835
Neat. More cheap europoor women.

>>50165217
We are planning to increase expenditure like madmen instead of reducing it. Its like people don't realize that money doesn't magically solve everything and we need to improve efficiency in the public sector (but not dissolve it like neocons want).
I feel trapped between 2 bunches of retards, the ones who think mommy EU will just keep giving good boy points and we can keep expending and increasing debt forever and the retards who want to sell everything public in hopes that private sector will magically not be corrupt and buy politicians (already do e.g. energy sector which was privatized 30 years ago. Owned by the Italians btw).

>>50165540
Nukes aren't real lmao

What if this whole Euro crisis was a stealthy joint effort between US/Rus to eliminate the euro as a potential rival for reserve currency status?

>>50166537
no but you can certainly imagine that the US played their cards to benefit from this. that said, i'm not sure if they want to destroy the euro, having another allied currency that takes a bit of pressure off the USD would most likely be welcomed by the US.

LMAO eurocucks on suicide watch. Couldn't happen to a smugger bunch of cunts. I will comfily enjoy watching your decline from across the pond.

Do the forex charts even really matter anymore? The entire global FIAT network is crumbling so rapidly anyway

>>50164223
get on your knees marco. let me give you a taste of freedom

>>50166537
Dollar is too inflated to continue functioning as a reserve currency and Western countries will refuse to use Yuan or Ruble as a reserve currency. There will be a need for a neutral bridge currency to facilitate cross border payments and prevent the world economy from fracturing into nationalist blocs and undermining the globalist project. Can't have the world continue being reliant on America in the event Trumpists take power and the same with being reliant on Nationalist Russia or Nationalist China.

>>50166742
>Dollar is too inflated to continue functioning as a reserve currency
it's the other way around, the dollar is not inflated enough to serve as a reserve currency. there's a dollar shortage, not a dollar oversupply. and this is also why the yuan cannot replace it before the dollar collapse.

>>50166484
And thats the big issue. It is a catch 22.
>too much spending in the past but no growth to show for it
>QE to kickstart
>QE results in even less efficient allocation and more widespread zombification
>We are now addicted and can't survive without
>deficit spending is rampent in order to achieve growth
>"Maybe we did the right thing but did not enough"
>More deficit spending and more QE to support it
>Inflation hits!
>"Now we need to spend even more money in order to fight inflation and achieve growth"

Its a sunk cost fallacy. ECB should cut all support and Italy etc. should just default and start doing haircuts and shit. Only way to salvage the next generations.

>>50166801
or,
OR
The central banks print the euro to death, letting governments, financial institutions and their friends steal the remaining wealth of europe.

>>50166801
>ECB cuts all support to Italy
>Nationalists get voted in and begin undermining globohomo
The whole point of the EU is to suppress Nationalism. They will crash the euro and let half of Europe die before they let anyone that would oppose the globalisation agenda to rise to power.

>>50166894
They will try sacrificing the strongest shoulders again (northern taxpayers). But those are now by far the minority (and Germany is going down the drain fast, France hadn't had a budget surplus in decades and has a trade deficit). The fact of the matter is that there is nothing to fall back on anymore to prop up the euro. Printing / creating liquidity to press the interest rates of Club Med will not be as easy as it was in the time of Draghi. Its a whole different ballpark now. Soon the euro will fall below parity and this will be a big wakeup call in the EU. We are going into some very tensed times.

>>50166938
The way we are doing it now there is a large chance that we will see some form of breakup or unrest in the EU within our lifetimes. The situation is simply not sustainable. "Solidarity" reaches as far as your own wallet and when Dutch people will be asked (and they will) to share their pension with Italians that never saved for it you will see some fireworks. The Netherlands has about 2Trillion in pension money the EU is eyeballing.

>>50163835
>EUR Crash
>Crypto market indexed to USD
Will we make it like that eurobros?

I can't even tell which board is dumber, /biz/ or /pol/
Probably /biz/, I've never seen a single opinion that's not a complete bollocks.
You fags are completely retarded

>>50166484
As a frog, this is exactly why I'm a Gaullist myself. There's a balance to find between a strong regalian central government and a liberal economy. Currently we have the worst of both worlds, incompetent governments trying to control everything and gigantic capitalist whales trying to eat everything.

>>50167015
Only if crypto doesn't crash with the fall of € (it will).

>>50166999
Checked. The future is grim, that's for sure. The EU falling is actually a good thing and I hope it will happen soon, it was only a tool for American imperialism and oligarchs, but We the people will suffer a lot. There's no plan B anyway, Ursula Von Der Layen, Macron and their clique won't back down, and this is why they'll hit the iceberg. Hubris. I hope they'll get what they deserve one day.

>>50167359
Aah we probably won't starve or go to war soon. It's gonna be a slow decades long decline while we get overtaken by China and India at some point. Fucking stagnation is never fun but it could be worse.

We might see another exodus out of the EU and within the EU as certain member states fall further and harder than others. Here in Amsterdam nearly all delivery drivers are already Italian and Spanish. Most of them are educated as well so its just a braindrain.

What I am most afraid of is what those in power will do. None of them are really elected and the EU has huge issues with accountability and transparency. It is unclear where legislation comes from (VDL doesn't make it up, the council does which consists of the Prime Ministers that dicuss behind closed doors). We are going to see some proper suppression the coming years I am afraid. Both financially, politically and socially. Owning a car, flying are probably all going to be reserved for the top 20% of the population. My biggest fear is the EUSSR and we are making steps, be it small ones, to go there.

>>50164539
Didn't Draghi cook the books?
He then became ECB chief and now is back the the country as an unelected official?
All the problems of Italy are caused by the same man and nobody thought of removing him from power.

>>50168402
It's ironic how he is now on the other end ECB policy. Getting hit by the pivoting of the policy he set in motion almost a decade ago. And yes I agree, Draghi is an unelected bankster and I don't know why anybody would suggest he saved the euro or Italy. The man is a pariah. We have Mark Rutte though and he is made out of dough. He will gladly sacrifice the Dutch middle class if it means a pat on the back from Ursula. At least Draghi has a spine.

>>50168360
stagnation is pretty bad for the debt situation in the EU

>>50168485
spine?
All he did was constantly betray his country.

>>50164539
>competitive economy
Competitive with whomst? You don't need to compete in EU, you just need to be a good cog in the German machine or pretend to be one like Greece

Its just interest rate parity at work. Once ECB raises rates it will go the other direction.

>>50168360
>We might see another exodus out of the EU
Anybody up for farming and shooting some niggers in Rhodesia?

>>50168614
the ECB has already started raising rates

>>50165572
Kaiser Wilhelm was successful.

>>50168491
The debt situation is already a lost battle. Next step is YCC BoJ style.

>>50168573
You want to sell just within the EU? And yes, even then you need to be competitive. Trade deficits are the new economic poison. And if you haven't noticed, the German machine is starting to run out of gas. If that happens the buoy keeping the euro up is gone.

>>50168742
It hasn't. It has signaled that it is about to raise rates. This month to -0.25 and perhaps in September (if we are not in a recession yet) to zero.

>>50168360
>EUSSR
That's definitely the way they're following. And that's why the € crashing could eventually break their plan, if more important countries end up leaving the EU, it could implode USSR style. I wouldn't be able to handle more decades of decadence, I'm already at the limit. It either end up in a big fireworks or I'll fuck off somewhere else with my family. Which would be sad, really, but all that matters to me is the future of my kids.

>>50168793
>It hasn't. It has signaled that it is about to raise rates.
yeah but bond markets have already started pricing it in, which is exactly why EUR gained a bit of ground ever since the ECB announced that they'd raise rates. FX markets don't wait for the ECB to actually raise rates.

>>50164623
I'm trying hard to see what exactly is being shilled here

>>50168915
>I'm trying hard to see what exactly is being shilled here
Please remind us what the thread is about.

>>50169233
So adorably retarded. Would definitely cum on her face while telling her how stupid she is and how she is nothing without me.

>>50163835
Imagine surrendering control over your currency to a made up country like Beligium

>>50169378
belgium doesn't control shit lmao

>>50164640
2 minutes before the end of the quarter.

When it goes below parity, will there be riots? Will the French start disassembling their pavements again?

I dont give a fuck. Dont bet against the house europoors.
>t. US inflation bond holder

>>50164440
If rates in the EU go up its over. Yes, over. Lights out, the EU dies. If you know what I'm saying.

>>50166796
>the dollar is not inflated enough to serve as a reserve currency. there's a dollar shortage, not a dollar oversupply
completely stupid and completely retarded. You deserve reddit gold

>>50170110
the more global debt there is on top of M2, the more demand there is for the dollar.
why do you think dxy is going up in times of rate hikes? surely not because people are scrambling for dollars to make their bond payments?
why do you think federal fund rates trend towards zero and even negative territory for all currencies used in reserves and bonds as time goes on?
why do you think the US is aggressively maintaining a massive trade deficit?

>>50164348
Your first comment was literally ad hominem, though.

>>50170110
>doesn't understand global macro
You're probably American so you have a limited understanding of the world.
There are literally more dollars outside the US than inside. Shithole countries prefer to use the dollar because their own currencies are inflationary dogshit. International debt is denominated in dollars because it's more liquid and stable than nearly any other currency. Dollars are always in demand and will go up in the short term.

>>50170325
>he thinks countries use dollar for inside trade
top tier nigger retard right here

>>50170740
You really are American after all LMAO. Yes, tons of countries use the USD for trade, you'd knew that if you went outside of your basement. At least read the fucking thread for once, millions of non US citizen people around the world get paid in USD.

>>50171025
you are an absolute fucking subhuman nigger, jesus crist.
It's like talking to a toddler who can't read or write and just shits itself constantly
kys

>>50170325
So in crypto terms, the USD is the "settlement layer (L1)" and all the local currencies are shitcoins trading on the USD settlement layer? I guess I'm a USD maximalist now.

>>50170740
just to let you know, you're as thick as shit

>>50163835
>ukraine is expected to join eu
>huge expenses are inevitable
Just vote against it niggers

everything is lol

I guess the time is now! Time to intensify efforts in diversifying my portfolio and give a little focus to accumulating promising gems such as _SYS_, DCR and DOT in the build up of my alt portfolio because If there's any perfect time for accumulation, it is now or never! The dip is a golden opportunity

>>50164391
>No but we would have been involved in sorting out the mess the PIGS made if we had stayed. Now it's not our problem.
Most of that was circular gambles from the city of London. The EU is better off without the UK and sterling has been a disaster since the 1920s. It may well be that the US and EU have to help rebuild the UK in the end but that is going to be a tough sell with the russian/brexit people still around

>>50171252
No, Ukraine is an asset to the EU and its people are welcome, obviously though as your post illustrates the Russian problem must have a final solution

In elementary school, we were asked to not put all our eggs in one basket but right now it seems I have almost all my eggs in the _SYS_ basket. The sy.scoin team have a verifiable record of meeting roadmap timelines, and have continued to build despite the bear market.

>>50171362
>be a country in Europe
>go VE MUST DESTROY RUSSIA
>*die*
You really want to go through this cycle again

>>50171252
ukraine will never join eu.
it's just getting in the line and will be there forever.

I can't believe Italy managed to again destroy another Reich just by being their ally.

I fucking hate the EU so much. France needs to bring back the guillotine.

I awoke to more dips in my portfolio, but I'm still optimistic because my #alts are about to pump. One alt that I have confidence in is _SYS_, it has a roadmap to scalable EVM that is currently being developed and will increase numbers.

>>50163835
so Americans are able to stock up on euros before the USD becomes as valuable as toilet paper, good on them.

>>50171748
The UE is trash
But France is an even bigger pile of trash. Doesn't produce shit. Worst trade deficit of all the EU. To top it all off it's 25% niggers and sandniggers by now.
I say this as a French btw

fuck bots, and fuck jannies

>>50164869
Das rite

>>50171874
I don't understand why France has so much power in the EU. It's like Germany doesn't want the optics of ruling alone so it asks France to have some power too

>>50171874
>Doesn't produce shit.
except a shitton of FOOD, breadbasket of Europe, Mouloud.
>To top it all off it's 25% niggers and sandniggers by now.
stop watching BBC porn and go to the countryside
>I say this as a French btw
whatever you say, Baguettenberg

France actually does have a respectable military, despite all the "cowardly french" memes. Much better military than Germany.

>>50171934
strong presence in Africa, nuclear arsenal, huge food production, energy independant and top-notch engineers. France also has more diplomatic reach. Germany had more leverage with it's industry but they gutted it.

>>50165457
It feels so good to not be part of eurozone, slovaks will get justed now

>>50164734
No fucking way and somehow Italy is the leech

>>50164218
Goddamn you nordcucks are mindbroken by the MEDBVLLS, I can't go anywhere in G*rmany where Italian culture isn't worshipped

>>50164734
it's funny that the two biggest recievers of EU benefits also have the most anti-EU sentiment

>>50165936
he is a larptard larping as me, but I did indeed tell everyone exactly when it was happening and I am whiter than you muhammad

>>50171252
You think we get to vote on anything important?

>>50165936
I also, did indeed, make millions from it

>>50172603
Will it bounce or not?

>>50173067
yes, it will retrace to 1.0343 or so, somewhere in there

>>50171362
Ukraine is literal rubble rn

It's time brothers

>>50164195
Europe becomes a theme park for fat smelly Americans like me that have the equivalent of 100,000€ salaries

>>50163932
>yuan
keep coping chink retard