Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

Abhorsen said:
Toss money slowly into an index fund, especially after a downturn. Active investment is a bad idea, and paying people to do it (mutual funds/hedge funds) is also bad.
Click to expand...
Yeah, that is a strategy describes in the latest revision of the holy bible I linked to.
However, I think, and probably Burry agrees, that Index funds are causing systemic risk.
Every single formula or gimmick that has worked on Wall street has stopped working on wall street after enough people have pushed money into it.
Buying the haystack is bound to the same fate IMO.
Wall street is good at making the banksters and brokers and hedgies money, not the gamblers.
ATM around 40% of the market is a robot, another significant portion of the remainder is algos and chartmongers and shortsellers covering, and the epidemic of stock buybacks and the decades of money printing whenever the market sneezes are not helping matters.
Too many risks have been undertaken and too much bad behaviors rewarded.
Frankly I think that at least 30% of all stocks need to go to zero.
 
Abhorsen said:
Toss money slowly into an index fund, especially after a downturn. Active investment is a bad idea, and paying people to do it (mutual funds/hedge funds) is also bad.
Click to expand...
The job I did does sign me up to an index fund for the retirement plan.

Other than those apps I know there's one through the banks but I haven't touched it yet.
 
Agent23 said:
Yeah, that is a strategy describes in the latest revision of the holy bible I linked to.
However, I think, and probably Burry agrees, that Index funds are causing systemic risk.
Every single formula or gimmick that has worked on Wall street has stopped working on wall street after enough people have pushed money into it.
Buying the haystack is bound to the same fate IMO.
Wall street is good at making the banksters and brokers and hedgies money, not the gamblers.
ATM around 40% of the market is a robot, another significant portion of the remainder is algos and chartmongers and shortsellers covering, and the epidemic of stock buybacks and the decades of money printing whenever the market sneezes are not helping matters.
Too many risks have been undertaken and too much bad behaviors rewarded.
Frankly I think that at least 30% of all stocks need to go to zero.
Click to expand...

another problem is all of this was built upon the idea of constantly growing populations.

The left deeply wanted to cut the population, birth rates are cratering, they got what they wanted and this is the year the boomers start retiring in mass. So all of the money flowing around the system is going aways forever.
 
Cherico said:
another problem is all of this was built upon the idea of constantly growing populations.

The left deeply wanted to cut the population, birth rates are cratering, they got what they wanted and this is the year the boomers start retiring in mass. So all of the money flowing around the system is going aways forever.
Click to expand...
Yes, and the morons have been postponing the down part of the cycle for the last 22 years, whenever they pump money in the economy they just pump up a new bubble.
A reckoning is inevitable.
 
Agent23 said:
Yes, and the morons have been postponing the down part of the cycle for the last 22 years, whenever they pump money in the economy they just pump up a new bubble.
A reckoning is inevitable.
Click to expand...

If your a baby boomer well at least you had a good time right?
 
Arch Dornan said:
www.reuters.com

Russia's Rosneft ramps up oil sales to Indian Oil in May

Russia's Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country's top refiner, two traders familiar with the matter told Reuters on Friday.
www.reuters.com www.reuters.com

More oil for me because they don't want it.
Click to expand...
More importantly oil is fungible, worst case of India doesn’t use it have their own oil company repackage it and send it along.
 
Floridaman said:
More importantly oil is fungible, worst case of India doesn’t use it have their own oil company repackage it and send it along.
Click to expand...
That will not work with the sanctions regime the US has got. Typical repackaging is about the first thing that gets you hit for helping evading sanctions, and is a great way to get added to the list. India wouldn't go on immediately, but they'd get pressured not to, and eventually put on if they continued.
 
Abhorsen said:
That will not work with the sanctions regime the US has got. Typical repackaging is about the first thing that gets you hit for helping evading sanctions, and is a great way to get added to the list. India wouldn't go on immediately, but they'd get pressured not to, and eventually put on if they continued.
Click to expand...

Eh.

They use a lot of oil domesticaly, so them using Russian and sending out Indian is quite possible.
 
Abhorsen said:
That will not work with the sanctions regime the US has got. Typical repackaging is about the first thing that gets you hit for helping evading sanctions, and is a great way to get added to the list. India wouldn't go on immediately, but they'd get pressured not to, and eventually put on if they continued.
Click to expand...
However if the repackager pays bribes to a corporation with connections in Washington then they can do it. Kind of like after 2003, all mentions of Haliburton involvement in food-for-oil program were expunged.
 
Abhorsen said:
That will not work with the sanctions regime the US has got. Typical repackaging is about the first thing that gets you hit for helping evading sanctions, and is a great way to get added to the list. India wouldn't go on immediately, but they'd get pressured not to, and eventually put on if they continued.
Click to expand...
Sure, sanction India while you are fighting a Cold War with Russia and China, hell why not declare war on the entire world, it worked out well for Germany.
 
Abhorsen said:
That will not work with the sanctions regime the US has got. Typical repackaging is about the first thing that gets you hit for helping evading sanctions, and is a great way to get added to the list. India wouldn't go on immediately, but they'd get pressured not to, and eventually put on if they continued.
Click to expand...
Tell that to Iran, they have certainly been able to export oil.
You know, something along the lines of this new latvian blend.
Russia’s Revenue from Energy Exports Projected to Surge to $321B in 2022, Fuel Record Current-Account Surplus

“For all the hardships visited on consumers at home and the financial chokehold put on the government from abroad, Bloomberg Economics expects Russia will earn nearly $321 billion from energy exports this year, an increase of more than a third from 2021. It’s also on track for a record current-account surplus that the Institute of International Finance says may reach as high as $240 billion.”
Click to expand...
Russia may fully redirect gas exports from Europe to Asia-Pacific region, claims expert

Russian natural gas exports to China jump 60 per cent in first 4 months
 

German development minister says world may face worst famine since WW2

Berlin [Germany], May 8 (ANI/Sputnik): The coronavirus pandemic, drought and the crisis unfolding in Ukraine are pushing food prices to record highs and threatening the world with the worst famine since World War 2, German Minister for Economic Development and Cooperation Svenja Schulze said on...
theprint.in theprint.in

Time to eat the bugs?

Bacle said:
Yeah, sanctioning India, instead of accepting they are going to buy Russian oil, would be a great way to blow apart the relationship we've built with them.
Click to expand...
If you know their relationship with Russia when they were Soviets it was them that stuck by India thick and thin when they fought Pakistan a US ally.

Why give up that now to a government that keeps changing policy every four years like a schizophrenic?
 
You must log in or register to reply here.

Users who are viewing this thread

Total: 1 (members: 0, guests: 1)
Back
Top