New Chinese Year To Bring Chaos And Wealth
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11
Driving around Cambodia
you're traveling A LOT, harrisfan. good for you. a rolling stone gathers no moss. -
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Dollar seen as risky currency status alert
Rapid growth of money supply Money supply is increasing very rapidly in Japan. According to the latest money stock statistics published by the Bank of Japan, M2 has increased by 9.2 percent, and M3 by 7.6 percent, over the same month previous year. https://www.jcer.or.jp/english/covid-19-and-money-supply Also, Japans population is aging and falling. So there's less consumption to drive prices. In addition, in the wake of Covid 19 Japan subsidized a lot of consumption with payments to providers. So the inflation rate was actually higher than it appeared to be. -
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Trump has finally met his match as he fights 3 unwinnable wars
I wonder how they would rate your reporting. Lowest of the very very low. Lol. -
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What is a digital nomads
Ok, I’ll bite… Originally, and the “truest” form of being a digital nomad is someone that travels enough so they don’t become tax resident in any country. The term has been loosened more recently to include anyone that works remotely while travelling. I pay corporation tax and personal tax in the UK but can work anywhere so fit the second definition but not the first. To address some other misconceptions by other posters: Not all digital nomads are cheap. I charge my clients over £1000 a day i.e. equivalent of over 40,000baht a day so don’t work very much but can spend what I want. Not all digital nomads are “influencers” walking around with cameras. Other types include consultants (me), traders (shares, commodities, currencies), software engineers, etc. Not all digital nomads have never had a proper job. I worked full time for over 20 years in a number of major international companies before I’d built up the experience, contacts and financial security to set up my own business. -
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Dollar seen as risky currency status alert
At the moment indeed the US exports of aircraft, agricultural products and commodities do not figure uppermost in Trump's thinking. Trumps agenda is to rebuild America's manufacturing base from the bottom up, so the lower dollar should help those new manufacturing sectors that Trump hopes to revive. It is clear that he is not happy with the US merely making aircraft and weaponry for export. In a way Trump wants to chinafy the US. It does ignore the demand side a bit. Just as China is finding out that there is finite demand in the world markets for the avalanche of Chinese products, the demand for US products will be finite as well. The thing is many countries now WANT to buy American products just to avoid tariffs in the future. Even China. Their complaint is there' s nothing to buy right now. So in a way tariffs themselves will benefit US exports.
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