What Everyone in the US who uses money Needs to Know

[Beco]

USA is in housing investment bubble. USA begged China not to rise the Yuan rate no more than 2%. It could easily go up up to 400%. When that happens, US economy will end.

So, WAR!!!

exactly

 

[Cap’n AMatrixca]

Thank Gawd I'm old enough to remember the same exact hysteria over Japan and look where they are today...

China has deep internal troubles and social unrest that it is going to have to answer to.

 

[~hellbaby~]

Thank Gawd I'm old enough to remember the same exact hysteria over Japan and look where they are today...

China has deep internal troubles and social unrest that it is going to have to answer to.

Everything is settled, China sold us to France and they gave us to Africa out of Frenchness, and Africa wants to switch countries with us. It will boost the airlines some too,

 

[~hellbaby~]

I hate the way they keep thls stuff tucked away and written so you need to have a degree to full understand it.Reading this dld not leave a soft comfy feelng. Record buyng by forelgners, banks sendng money overseas...

from the BEA
Banks’ own claims denominated in dollars increased
$169.2 billion in the second quarter, in contrast
to a decrease of $61.1 billion in the first quarter.
The surge in dollar outflows partly reflected heightened
activity in the international syndicated loan market,
a pickup in interoffice transfers of funds between
banks’ home offices and their offices abroad, and continued
U.S. bank lending to finance substantial net foreign
purchases of U.S. securities. Dollar outflows were
supported by an abundance of liquidity in the U.S.
banking system. Dollar deposits and brokerage balances,
resale agreements, and “other” claims all increased
strongly in the second quarter.
Banks’ domestic customers’ claims denominated in
dollars decreased $2.9 billion, in contrast to an increase
of $17.0 billion. In the second quarter, decreases
in deposits and in negotiable certificates of deposit
were partly offset by increases in other short-term securities
and foreign commercial paper.
Claims reported by U.S. nonbanking concerns increased
$9.6 billion after an increase of $74.9 billion.
The second-quarter increase was more than accounted
for by an increase in deposits, largely in Caribbean financial
centers.


Foreign securities. Net U.S. purchases of foreign securities
were $36.0 billion in the second quarter, down
slightly from $38.7 billion in the first quarter. A decrease
in net U.S. purchases of foreign stocks more
than offset a shift to net U.S. purchases of foreign
bonds.
Net U.S. purchases of foreign stocks were $20.8 billion,
down from $39.8 billion. In local currency terms,
foreign stock markets outperformed the U.S. stock
market for the second consecutive quarter. However,
appreciation of the dollar in the second quarter caused
U.S. investors’ returns in foreign markets to be negative
in dollar terms. Net U.S. purchases of stocks from
the United Kingdom decreased markedly, and net U.S.
purchases of stocks from Japan were the lowest in several
quarters. Merger-related exchanges of stock were
minimal in the first and second quarters.​

 

[Lancecastor]

The US needs to lose while poorer countries need to gain until everyone is at least on the scale.

There's the nub of it.

Americans have far too much borrowing power and are awash in debt trying to sustain continued growth while their economy, infrastructure and social fabric decays in front of them.

You'd think the child poverty rates, job migration and inability to respond to something as simple as a predicted storm would be clear enough signs for the greedheads.

Guess not!

 

[Lancecastor]

One simple example: The most popular car in the USA is always one full size and price class larger than in Canada...when the Honda Accord was your most popular car, ours was the Honda Civic.

People of equivalent social standing in the USA typically are deeper in debt, use more natural resources, waste more food and water and pollute more than those in any other country.

There's no magic to it...at some point...you'll have to pay the piper.

 

[~hellbaby~]

There's the nub of it.

Americans have far too much borrowing power and are awash in debt trying to sustain continued growth while their economy, infrastructure and social fabric decays in front of them.

You'd think the child poverty rates, job migration and inability to respond to something as simple as a predicted storm would be clear enough signs for the greedheads.

Guess not!

The folks in charge were too busy hiding money overseas to notice the train barrelling down the tracks. There are over 12,000 companies listed at one single address in the Cayman Islands according to senators.
Banks have been getting bought up by larger ones in order to service loans. Yesterday a former SEC chairman used the discription 'arriving at an accident after it has happened' to discribe the suituation on the horizon..