I remember saying to myself, investing in Russian ADRs listed in the US would be a good investment because the Russian economy was detaching from the western world order, and their own balance sheet was heavily shifting to gold bullion and dumping US Treasuries.
Then the lockdown of all foreign-listed Russian company stocks were frozen, and they all dumped right before. I don't know how many billions of dollars were lost in that clown show, but, I do know that American and British investors were the biggest buyers of Russian government bonds.
The media does not want anyone to know that the American and European Banks have continued doing business with Russian and Ukrainian clients regardless of what happens on the ground in the war. Someone has to finance the weapons purchases and pay the militaries to fight each other. That money has to come from somewhere, right?
The Fed can't control inflation, because, that isn't possible. All centrally-planned economies fail in epic fashion, there are no exceptions in our recent history to even compare what's happening to the United States.
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Fed can’t print oil can’t print food can’t print goods. The dollar is the only thing they can print. Hyper-inflation will greatly impact all and unfortunately not in a good way. The Ukraine war is a distraction or excuse to say we are facing inflation. !PIZZA !LUV
@mawit07(1/4) gave you LUV.
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Amen to all that! Well, the Ukraine War is a distraction to take attention away from the collapsing US economy, which has been in decline, overall, since at least 2000-2001, if not even earlier, before the Dotcom Bubble burst.
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