i don't understand broader macro economic stuffwhat does it mean exactly
>>62734095You are about to be fucked in the ass big time
>>62734095fiat currency is not money.money is metallic.the implication of every country simultaneously realizing this is
>>62734095Basically there is thing called Keynesianism which to simplify, prescribed money printing as an antidote to crashes(Keynes actual perspective is much more narrowly scoped but that’s not convenient for politicians)That’s basically what we’ve been doing for decades and Japan is the experimental giga version of it. It’s can kicking and has stopped working in Japan so canary in the coal mine has died and we’re screwed
>>62734130mehive heard about impending hyper inflation from crackpot innawoods libertarian types since the 80s. i'll believe it when i see it.
>Invest in a goverment that is going to default>... for 5% APYShittiest financial product on the market
>>62734085Rates are rising faster in France than elsewhere because my country is a socialist hellhole. Incapable of reform and overrun by immigrants and one of the leading candidates in the upcoming election is openly talking about defaulting on the debt. There, I’ve said it.
>>62734095Allow me put it into a more comprehensive format for (You).
None of you fags can even explain how these bonds got sold in the first place if they government HAS to borrow money to spend.
What's the play here?
>>62734095It means fiat is worthless
>>62734192Buy tlt easy 2x when fed cuts rates.
>>62734095it means youre posting in the latest chinese bot thread
>>62734195Right the same worthless pieces of paper you NEED to..... pay your taxes with? Idk sounds pretty useful to me. Its almost like the system was..... designed in such a way..... to force you to value it? Idk kinda makes you wonder.
>>62734214Sorry your puts expired worthless, you lost tranny.
>>62734229meanwhile in your shithole, Ching Chang Chong
>>62734168That is deceiving, France is in a much better starting position for global economic collapse than its peers since it is nearly self-sufficient both in terms of agriculture and power production. Migration is weugheing heavily on you (as it does on all EU members) but this is a soft factor since your government can simply choose at any point to stop importing migrants. Take Germany, its yields are ripping less violently, but it won't be able to magically undismantle its nuclear power plants.
>>62734229Bot post.
>>62734239>france can just get rid of 20 million migrantsholy shit what a retard
>>62734095Pension funds are no longer autopilot buying government debt after Trump spooked them a bunch of times, so governments have to provide competitive yields to attract them now, which makes interest payments cumbersome, which means they need to spend less and/or tax more.
>>62734244Imagine being on /biz and not making any money. Lol go back to /pol faggot.
>>62734142It’s not really hyper inflation but yield curve control because a deleveraging is mandated by the bond market. This will be high inflation but not hyper inflation imo
>>62734186Big institutions like pension funds are forced by regulators to buy them. I think it’s because it was written in the 60:40 days and bonds were implied to be safe
>>62734237I have never seen any chinese people ever post on 4chan. Like isnt there a great firewall there? You have that saved on your computer just to shit on chinese than dont even post here? You have to be a literal indian.
>>62734239France is not in iso they have to bail out the rest of the eu. They are also welfare state maxing and have good chance of another revolution if that gets axed
>>62734085Don't worry, Bussy is busy shorting oil right now
>>62734272If that were true you would see selling in stocks to offset the losses in bonds. Not happening so whatever regulations you are talking about doesnt matter. NEH.
>>62734273youre right, the chinese control their own internet very tightlythey know whybecause the entire rest of internet is full of chinese bots like you, you malding ching chang chongI realize the CIA is utterly incompetent and lets the entire US getting destroyed by shit like tiktok and social media
>>62734085Green candles up are good though
>>62734239Unironically, even though it sucks, France still has way more leeway than its neighboors. See the retirement age? Yeah, France is at the bottom compared to its peer.What are the other ones going to do when they're already at 67 and currently are in the process of pushing it to 70? Push it to fucking 74? They have no leeway anymore. France does.
>>62734340youre describing why France is failing
>>62734168As retarded as LFI is, the proposal isn't to default on the debt, it's to cancel public debt owned by the ECB (ourselves) to reduce the overall debt and therefore reduce the interest at which we borrow.It's not that dumb all things considered, the market would not freak out because it would be consensual cancellation of debt, unilateral cancellation would scare private investors away and make the rates hike but we're not talking about that.
>>62734360>lets just cancel our debt!least delusional french post
>>62734367If I owe you 10 bucks and we both agree to forget about it there is absolutely zero reason that would freak out private investors from lending me money, if I tell you that i'm simply not going to pay you back and you disagree, now private investors will distrust meHope this helps
>>62734262>/biz>/polPost nose, miggerbot.
>>62734239Nuclear reactors are nice and all but how they going to fix a budget deficit almost -6% gdp and the fact projected economic growth is next to 0%?Just looking at some nuclear reactors and determining all is well economically is like comparing apples to oranges.Guess who else had nuclear power and on top of that self reliance on food and energy? The Soviet Union.
>>62734378dude, noone givees a fuck about french commie delusionsstop shitting up the thread
>>62734383>Cumbrain has to call me a commie because he can't understand basic economic principlesMany such case!
>>62734382>self reliance on food>Soviet Union.Soviet Union imported a fuckton of food
>>62734391Soviet Union's default state was actually famine, lmao. How many times were they fucking bailed out of famine, I lost count.
>>62734391Well whatevet but still doesn’t negate my previous points. In fact France would be the trigger on the tinderbox that would trigger an economic crisis on the EU level.
>>62734340Increasing the retirement age while importing millions of working age foreigner coolies and watching life expectancy drop (due to decreases in access to and quality of healthcare, climate destruction, pollution, obesity, cancer) is tragically hilarious. When will governments across the West finally admit they're not planning to pay for anyone's retirement?
>>62734085Why? the asset you’re looking at is clearly going up in value numbnutsDid you short bobo?
>>62734085As long as the boomerwaffen is successfully isolated from having to ever give a cent to their hellspawn "children" who are now drowning in migrants, everything will work out fine.
>>62734085I am good!
>>62734389I call you frenchwhich is even worse
>>62734095Taxes up for middle class, freebies down while billionaires and a trillionaire pay 0 taxes. Also you'll never own a house, black rock will be your landlord and the contract will have an antisemitism clause.
>>62734095Im an investorGov gives only 3%to me for holding their bonds, valued in fiatI make maffs, they print to much money, fiat will inflate and those 3% wont be profitable to me at allGov still issue bonds at 3% and I dont by...Gov issue bonds at 4% I still dont buyGov issue bonds at 4.5%, some make maffs and buy, but Gov need more fiatGov issue bonds at 5%, I make maffs... yeah, maybe I will buy some, but hmm... if Gov is desperate... maybe tomorrow they will give 7%And its what you have here
>>62734095Bobs are loans and yids are the interest they pay on the load but because its finance bro shit they have to use different because special snowflake
>>62734666You don't ever talk about the Rothschilds though do ya big guy?
>>62734113>the implication of every country simultaneously realizing this isIts an orchestrated collapse. They are preparing for the last stage of the "you will own nothing and be happy" plan. They will probably reset the economy and implement a centralized economic system based on smart contracts (crypto), that will be connected to surveillance systems and a social credit algorithm.>You posted something about mr kikeberg?! -3000 credit score!You are living through the inflexion point where kikes conquer the board.
the debt reconning is here which is to say it's fucking over
>>62734085imagine the full retardo relief pump in the stock markets when the N.E.H. realization hits
>>62734130>It’s can kicking and has stopped working in Japanobviously not (yet, perhaps) because nothing is still in the process of happening.
>>62734257>try to balance the budget>gdp instantly drops as activity propped up by public spending disappears, tax revenues drop>try to balance the budgetrepeat to a death spiralexcept it is politically impossible to balance the budget to begin with because of the nature of democracies and US party politicsmaybe the democrats will try to focus on upper class taxation a bit once they win, only to find out it's not enough AND get hit by the laffer curve, at which point they will just blame the debt crisis entirely on trump (and they will be partially right)
>>62734085New paradigm. Nothing ever happens.
>>62734237>t jeet
>>62735184What is N.E.H?
>>62734412You were right in the sense that part of the Soviet Union was the Chernozem belt, some of the most fertile soil on earth.Unfortunately, the Chernozem belt is farther north than other agricultural heartlands like the American one, meaning it receives extremely inconsistent rainfall and is often arid despite the excellent soil. So you have to use it extremely efficiently. If it's a bumper crop year you have to be ready to store and preserve it, if it's a famine year you have to have preserves ready.And of course because it was the Soviet Union, they screwed this up in every way you could imagine: inexperienced bureaucrats telling the farmers how to run their farms, weight quotas and private/public plots that incentivized poor practices, no grain elevators, no refrigerated trucks, roads not even paved, broken tractors.And really when you look west you immediately realize it was probably just a racial problem. Working with shitty soil and very little land, with their only advantage being sitting in the center of Europe, the Netherlands became a world leader in agricultural export just through pure efficiency and coordination and planning.
It's a good thing /biz/ did not fud each other out of life changing investments, while cultishly following trends like xrp, link, or nvidia well past the point you could actually make money on them!
>>62734095
>>62735452
>>62735464saars plz buy shitcoinYabba dabba doo is that a 15 year old "crypto project" that peaked 5 years ago and never recovered? better rope as many people in as possible.life changing business move? undervalued stock? No thanks, no boomer assets for me.
>>62734095>what does it mean exactlyYou gonna see some shit you ain't seen before kid
>>62734095Hold bitcoinForget cash
>>62734222Yes but if the only mathematic solution to a global debt crisis is printing money, it stands to reason no one should be storing any significant wealth in it.
>>62734085zoom out
>>62734379Rare photo of Iqdelete
https://youtu.be/QhMZ-6zs0mM
>>62734273>I have never seen any chinese people ever post on 4chanHow would you know? Do you have some Chinease person detector
>>62734085top signal for yieldsevery fucking twitter KOL is waving the bond death flag
>>62734085>Line is up and greenWhat's the issue.