We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Bad News from the US...
Options
Comments
-
The point isn't the immediate savings, it's this:
That agreement can be reached is more important than the agreement that is reached. IMHO of course.
All agreements get altered, watered down, broken over time. How long term in the US is long term?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »All agreements get altered, watered down, broken over time. How long term in the US is long term?
Until they're all dead I guess.0 -
If I was a pensioner that had bought an annuity to pay me £20,000 a year and that fell to £10,000 a year because the bonds I bought had been swapped then I'd be pretty miffed.
Bail ins - coming to a country near you soon .
Hide your money and any other commodities - all from 2015.0 -
The USA can't go bust - it owns most of the debt in the world!
Fixicated for you.
What happens when other countries stop using the Dollar as they reserve currency? Or they stop buying debt bonds, like China is starting to.
I wonder how much gold the US really has in its vaults - certainly not enough to give back the stuff that belongs to Germany.
It'll be interesting to see what happens when the Dollar stops being the PetroDollar, the US can't invade every oil producing nation under the guise of terrorism and freedom fighting.0 -
What happens when other countries stop using the Dollar as they reserve currency? Or they stop buying debt bonds, like China is starting to.
Hasn't that happened already , in the 1980's and the again in the 90's.
It MUST have happened.
Everyone who warned that it would sounded ever so certain. :eek:'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
...for lovers of chaos.
:blushing:
Any step that allows their deficit to continue could be argued as a continual step towards chaos. In an ironic way the government juggernaut can represent the most negative outcome, in theory they can stop but will they ever
I agree on the surface it appears almost a sensible outcome
If capitalism is control of capital by the people then an increasing drag towards centralised debt spending as we have now, is the breakdown of capitalism, the economy, society?0 -
Fixicated for you.
What happens when other countries stop using the Dollar as they reserve currency? Or they stop buying debt bonds, like China is starting to.
I wonder how much gold the US really has in its vaults - certainly not enough to give back the stuff that belongs to Germany.
It'll be interesting to see what happens when the Dollar stops being the PetroDollar, the US can't invade every oil producing nation under the guise of terrorism and freedom fighting.
The US will be pretty much self sufficient in oil and gas before too long. They're already flaring off gas again because it simply isn't cost effective to collect.0 -
That is good but apparently fracking does not give a long term higher output of oil or gas. They may just keep on innovating but I have heard that as the downside to their excess gas 'problem'
Its amazing how restrictive the export of LNG has been, UK will receive some of the frack gas on a regular basis in a few years.
Meanwhile their natural gas prices fall so low they have to shut production, employ less people
http://www.theglobeandmail.com/news/british-columbia/lng-prices-wont-be-set-by-asian-buyers-clark-says/article15836254/currently Asian prices for natural gas are five times higher than in North America.
Its bulky but that is an inefficient market0 -
The US will be pretty much self sufficient in oil and gas before too long. They're already flaring off gas again because it simply isn't cost effective to collect.
check out this picture, which is taken from space and used to show all the main centres of population.
What's that city in North Dakota ?
Oops, its the Bakken oil field flaring gas.US housing: it's not a bubble - Moneyweek Dec 12, 20050 -
Kennyboy66 wrote: »check out this picture, which is taken from space and used to show all the main centres of population.
What's that city in North Dakota ?
Oops, its the Bakken oil field flaring gas.
Was there a link?
There was a piece on RT two nights back showing the issues facing particular homeowners in Texas. They were having to use water bowsers for their water supply at their own cost. They were flaring off gas, from under their house,from a "standpipe" and from a running water source flowing into a stream.
They were challenging the "miner" who had counter sued them for US#4m for defamation. One way of trying to silence opposition if sweeteners don't work!
One for Erin Brockovich?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards