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nauseus

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Posts posted by nauseus

  1. 3 minutes ago, RayC said:

     

    A completely separate and different issue to the one which we were discussing.

     

    In any event, here are two examples where the UK judiciary have ruled against GCHQ (I have assumed that GCHQ was acting on the UK government's behalf).

     

    https://www.theguardian.com/uk-news/2019/may/15/government-security-gchq-decisions-can-be-challenged-in-court-judges-rule

     

    https://www.channel4.com/news/gchq-nsa-broke-law-surveillance-prism-snowdown

     

    Nice to be able to agree on something: Apparently Google and me do know better😉

     

    No comparison - GCHQ is a government agency - it does not determine law.

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  2. 2 hours ago, annotator said:

    I think that there will be more good news in store for American expats in Thailand. President Trump just got Vietnam to agree to 20% tariffs on its exports to the USA. Probably something similar will happen in the case of Thailand. That  means a fall in the baht in relation to the dollar. Probably deflation, too which will help American expats even more. But I think I better take down the American flag I have flying at my house.

     

    Don't forget to salute!

    • Haha 1
  3. 1 hour ago, Jingthing said:

    First things first.

    I don't believe that voters should vote only based on self interest.

    While that is an important factor, ideally responsible citizens should base their votes on much broader considerations.

    For example, I would be happy to personally pay more tax to support Ukraine to the level where they could actually win against Russia. 

    But back to the topic -- U.S. expats and the Trump weak dollar policy.

    From a pure self interest policy, the vast majority of expats would benefit from stronger rather than a weaker dollar.

    Well the weak dollar policy is working. Weakest dollar globally since the early 1970's.

    Against the baht, it would hardly be shocking to see it go to 30 or even God forbid 25.

    Further economic shocks are more than possible now -- global recession, U.S. stagflation, global depression, bond market melt down, financial crises, etc.

    It was indeed a much more stable economic situation under President Biden and it's fair to conclude a President Harris would not have introduced the wild risks and instability that Trump has.

    So getting back the WEAK DOLLAR policy, maga fans -- did you realize before the election that was what you were voting for? If not, are you cool with it now?

    To me it's kind of funny. Make America great again with a weak dollar and instigating a more serious risk of a rapid degradation of the dollar as the global reserve currency (which has been the "secret sauce" of U.S. wealth for decades).

     

    More erroneous horsedoo. The dollar was far weaker than today from 2008-11.

     

    Trump has been quite clear that he wants a weaker dollar and was so before the election.

     

     

     

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  4. 13 hours ago, AndreasHG said:

    Maybe a little less than a crash, but still a significant depreciation. This is what happened during Trump's presidency. The dollar was indexed to 100 at the beginning of his presidency.

    Only the pound of Brexit Britain, which was led in quick succession by Theresa “Brexit means Brexit” May, BoJo “oven ready deal” Johnson, Liz "Lettuce" Truss and, finally, the best of them all Rishi Sunak, did worse.

     

    Trump1.jpg

     

    Off topic and even that came out of your hat.

     

    And get some new crayons.

  5. 13 minutes ago, Felton Jarvis said:

    If Trump is BREATHING.....he's the wrong man for the job. I never thought I would see such a monster living in the White House. A national emergency and no one seems to be aware of the danger. Stick a fork in the USA.....it's DONE!!!!

     

    Do you like blue hair?

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  6. 15 minutes ago, CallumWK said:

     

     

    Trump wants a cheap dollar, as that is positive for exports.

     

    During his first term he also crashed the dollar

     

    Line1 yes, but not line 2. Actually The last significant dollar "crash" occurred about the time of the 2008 GFC until about 2011 (about 25% down from now). In early 2018 the Fed tried raising rates after years of zero but the stock market dipped and they gave that up immediately.

     

    There was no real recovery after that. Just QE QE QE and NZIR's - easy money -  that's why the markets are so obscenely overvalued now.

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