Now It’s Half of World Population, 41% of Global Economy.
And how much of the world's wealth do they comprise?
How much of the world's debt to they comprise? They are top producers of key commodities like oil, gas, grains, meat, and minerals. Those things will buy them all the money the west will have to pay them for those commodities.
You fail to realize they are weaning themselves from the grip of the US and its allies and are positioning themselves to turn the table on dependency.
Keep looking at the trees while some of us focus on the forest.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Now It’s Half of World Population, 41% of Global Economy.
And how much of the world's wealth do they comprise?
How much of the world's debt to they comprise? They are top producers of key commodities like oil, gas, grains, meat, and minerals. Those things will buy them all the money the west will have to pay them for those commodities.
You fail to realize they are weaning themselves from the grip of the US and its allies and are positioning themselves to turn the table on dependency.
Keep looking at the trees while some of us focus on the forest.
Some folk can identify every tree in the forest while others just see a bunch of trees and call it a forest.
But, to your point of debt, do you not know that China and India have been piling on debt that will exceed their GDP in just a few years? So you have poor counties with massive debt....yeah.
You fail to realize the differing political, economic, monetary, and religious policies of this group of poor folk will prove an insurmountable problem. But you are free to wish them luck if you wish.
Now It’s Half of World Population, 41% of Global Economy.
And how much of the world's wealth do they comprise?
How much of the world's debt to they comprise? They are top producers of key commodities like oil, gas, grains, meat, and minerals. Those things will buy them all the money the west will have to pay them for those commodities.
You fail to realize they are weaning themselves from the grip of the US and its allies and are positioning themselves to turn the table on dependency.
Keep looking at the trees while some of us focus on the forest.
Some folk can identify every tree in the forest while others just see a bunch of trees and call it a forest.
But, to your point of debt, do you not know that China and India have been piling on debt that will exceed their GDP in just a few years? So you have poor counties with massive debt....yeah.
US debt to GDP is 123% and likely growing.
You fail to realize the differing political, economic, monetary, and religious policies of this group of poor folk will prove an insurmountable problem.
US has 50 differing state governments yet it remains United.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
do you not know that China and India have been piling on debt that will exceed their GDP in just a few years?
The US is already there.
Michael Oliver specifically states that India is one par with the US in terms of debt/GDP ratio, but that China is way lower. Is your information correct?
China has its own set of problems, but it appears that debt/GDP isn't one of them, yet.
Q: Are You Printing Money? Bernanke: Not Literally
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Now It’s Half of World Population, 41% of Global Economy.
And how much of the world's wealth do they comprise?
How much of the world's debt to they comprise? They are top producers of key commodities like oil, gas, grains, meat, and minerals. Those things will buy them all the money the west will have to pay them for those commodities.
You fail to realize they are weaning themselves from the grip of the US and its allies and are positioning themselves to turn the table on dependency.
Keep looking at the trees while some of us focus on the forest.
Some folk can identify every tree in the forest while others just see a bunch of trees and call it a forest.
But, to your point of debt, do you not know that China and India have been piling on debt that will exceed their GDP in just a few years? So you have poor counties with massive debt....yeah.
US debt to GDP is 123% and likely growing.
You fail to realize the differing political, economic, monetary, and religious policies of this group of poor folk will prove an insurmountable problem.
US has 50 differing state governments yet it remains United.
They are all bound by a common political structure, monetary and fiscal policy and (mostly) religion. You cant identify the trees.
Maybe you could identify those 9 new BRIC trees and tell us a little about their economic, political and monetary structure?
@Goldminers said:
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
@jmski52 said: do you not know that China and India have been piling on debt that will exceed their GDP in just a few years?
The US is already there.
Michael Oliver specifically states that India is one par with the US in terms of debt/GDP ratio, but that China is way lower. Is your information correct?
China has its own set of problems, but it appears that debt/GDP isn't one of them, yet.
it will be by end of decade, but that is actually one of their more minimal problems. Dont you see the trees?
@Goldminers said:
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
I would guess they have numbers approved by their governments, too.
@Goldminers said:
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
I would guess they have numbers approved by their governments, too.
Do you have greater confidence in their reported numbers over the US?
@Goldminers said:
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
I would guess they have numbers approved by their governments, too.
Do you have greater confidence in their reported numbers over the US?
Of course not. The US statistics are half-truths.
Some of the other countries like Russia, reported news and data it is all propaganda, and truth is hard to find at all. As far as China, keeping 1.1 billion people happy requires significant discretion in what is published by the highly controlled government departments and media.
@Goldminers said:
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
I would guess they have numbers approved by their governments, too.
Do you have greater confidence in their reported numbers over the US?
Liars figure and figures lie.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Coho sounds like what the common thought towards a new economically bound group of states was like in Britain in 1776. "They don't think like we do, they will never become a powerhouse." LOL
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@derryb said:
Coho sounds like what the common thought towards a new economically bound group of states was like in Britain in 1776. "They don't think like we do, they will never become a powerhouse." LOL
Derryb sounds like he is comparing the colonies to a bunch of communist dictatorships?
@derryb said:
Coho sounds like what the common thought towards a new economically bound group of states was like in Britain in 1776. "They don't think like we do, they will never become a powerhouse." LOL
Derryb sounds like he is comparing the colonies to a bunch of communist dictatorships?
Derryb sounds like he understands the implications of any economic union, regardless of their politics. One can't write off the world influence of China or Russia just because of their politics. Consider BRICS a union of China, Russia and many other nations that have grown weary of US world domination and intimidation. And if you don't see that union as a threat to the US then you know nothing of economics, let alone world politics. An idiot once wrote "you have been warned."
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
The rest of the world no longer loves a weaponized IOU from an indebted issuer of bonds with a finite duration yet infinite supply. This is what fuels the BRICs effort, it will be a major economic force.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@derryb said:
The rest of the world no longer loves a weaponized IOU from an indebted issuer of bonds with a finite duration yet infinite supply. This is what fuels the BRICs effort, it will be a major economic force.
Which country are you speaking of, Brazil, Russia, India or China?
Comments
And how much of the world's wealth do they comprise?
Knowledge is the enemy of fear
How much of the world's debt to they comprise? They are top producers of key commodities like oil, gas, grains, meat, and minerals. Those things will buy them all the money the west will have to pay them for those commodities.
You fail to realize they are weaning themselves from the grip of the US and its allies and are positioning themselves to turn the table on dependency.
Keep looking at the trees while some of us focus on the forest.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Some folk can identify every tree in the forest while others just see a bunch of trees and call it a forest.
But, to your point of debt, do you not know that China and India have been piling on debt that will exceed their GDP in just a few years? So you have poor counties with massive debt....yeah.
You fail to realize the differing political, economic, monetary, and religious policies of this group of poor folk will prove an insurmountable problem. But you are free to wish them luck if you wish.
Knowledge is the enemy of fear
US debt to GDP is 123% and likely growing.
US has 50 differing state governments yet it remains United.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
do you not know that China and India have been piling on debt that will exceed their GDP in just a few years?
The US is already there.
Michael Oliver specifically states that India is one par with the US in terms of debt/GDP ratio, but that China is way lower. Is your information correct?
China has its own set of problems, but it appears that debt/GDP isn't one of them, yet.
I knew it would happen.
The US GDP is overstated, partially because the US CPI is understated.
We are in worse shape than the government statistics indicate. Of course, for now, we will keep borrowing like there is no tomorrow, until some future day, we can't.
My US Mint Commemorative Medal Set
They are all bound by a common political structure, monetary and fiscal policy and (mostly) religion. You cant identify the trees.
Maybe you could identify those 9 new BRIC trees and tell us a little about their economic, political and monetary structure?
Knowledge is the enemy of fear
Would you say the same for BRICs? Do you have greater confidence in the accuracy of their reported numbers?
Knowledge is the enemy of fear
it will be by end of decade, but that is actually one of their more minimal problems. Dont you see the trees?
Some say it is already well in excess of GDP....
https://www.morganstanley.com/im/en-us/individual-investor/insights/articles/china-smoke-and-mirrors.html
https://www.fidelityinternational.com/editorial/article/how-china-keeps-its-debt-in-order-e1feea-en5/
Knowledge is the enemy of fear
I would guess they have numbers approved by their governments, too.
My US Mint Commemorative Medal Set
Do you have greater confidence in their reported numbers over the US?
Knowledge is the enemy of fear
Of course not. The US statistics are half-truths.
Some of the other countries like Russia, reported news and data it is all propaganda, and truth is hard to find at all. As far as China, keeping 1.1 billion people happy requires significant discretion in what is published by the highly controlled government departments and media.
As far as the other BRICS, I don't really know.
My US Mint Commemorative Medal Set
I'll continue to bet on America, youse can have yer brics. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Liars figure and figures lie.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
And just how are you doing that, buying up its debt? LOL
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Coho sounds like what the common thought towards a new economically bound group of states was like in Britain in 1776. "They don't think like we do, they will never become a powerhouse." LOL
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Derryb sounds like he is comparing the colonies to a bunch of communist dictatorships?
Knowledge is the enemy of fear
Are you buying the Chinese or Russian debt?
Knowledge is the enemy of fear
It's all worthless paper. i don't buy debt, I prefer to remain debt free.
Derryb sounds like he understands the implications of any economic union, regardless of their politics. One can't write off the world influence of China or Russia just because of their politics. Consider BRICS a union of China, Russia and many other nations that have grown weary of US world domination and intimidation. And if you don't see that union as a threat to the US then you know nothing of economics, let alone world politics. An idiot once wrote "you have been warned."
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
. An idiot once wrote "you have been warned."
Actually the idiot once wrote, "perception is fact".
Here's another for your "the BRICs are like the 13 colonies"..
https://www.voanews.com/a/anger-over-abductions-mounts-in-kenya/7916747.html
Yeah, sounds like a reasonable and logical means and criteria to be a member of the economic union.
They are more a threat to themselves, than to the US.
Knowledge is the enemy of fear
The rest of the world no longer loves a weaponized IOU from an indebted issuer of bonds with a finite duration yet infinite supply. This is what fuels the BRICs effort, it will be a major economic force.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Which country are you speaking of, Brazil, Russia, India or China?
Knowledge is the enemy of fear