ivyleague1985 (OP)
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January 14, 2015, 07:43:24 PM |
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In one month or two, Russia will face a huge wave of defaults triggered by low oil price, hyper-inflation and depleting USD reserves. First will be their oil companies, then banks and finally the sovereign debts.
The contagion will drag at least the Euro zone.
I didn't think that anything serves as a better hedge than Gold and bitcoin.
CNBC interview yesterday also mentioned this point of view.
In this big picture, it is temping to use bitcoin not only as an investment tool but also as a hedge towards possible Russian debt crisis.
In history, many notorious Black Fridays were triggered by Russian. Just cannot ignore this risk.
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Jammalan the Prophet
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January 14, 2015, 07:45:44 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now
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ivyleague1985 (OP)
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January 14, 2015, 07:48:17 PM Last edit: January 14, 2015, 08:19:36 PM by ivyleague1985 |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers' revenue is way smaller than the GDP of Holland. The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia.
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Jammalan the Prophet
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January 14, 2015, 07:52:28 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers is way smaller than the GDP of Holland.The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. And this shows how big of a lilidot you are LB assets were 600 billions in 2008. Holland gdp is 800 billions.
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ivyleague1985 (OP)
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January 14, 2015, 07:52:31 PM |
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I am not casting doomsday prophecy and I am not the only one saying so. This is a forming consensus among economists and investors.
Just turn on your TV or read some WSJ or FT, you will find out yourselves.
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poncho32
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January 14, 2015, 07:53:01 PM |
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If Russian banks go bankrupt the Russian government will just print more money and bail them out. All countries just print more money if they are going bankrupt.
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ivyleague1985 (OP)
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January 14, 2015, 07:54:01 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers is way smaller than the GDP of Holland.The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. And this shows how big of a lilidot you are LB assets were 600 billions in 2008. Holland gdp is 800 billions. Please compare company assets to a country's total wealth. And compare company revenue to country's GDP. You were comparing orange to apple. FYI, LB's revenue was $3.1 billion and Holland GDP was $782 billion in 2007.
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Jammalan the Prophet
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January 14, 2015, 07:57:04 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers is way smaller than the GDP of Holland.The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. And this shows how big of a lilidot you are LB assets were 600 billions in 2008. Holland gdp is 800 billions. Please compare company assets to a country's total wealth. And compare company revenue to country's GDP. You were comparing orange to apple. At least i'm comparing something, You are mumbling fart noises. FACT 1 You're an idiot. FACT 2 Nobody gives a damn about a petrol station run by a mob , surface 1/5 of the world but gdp 2 times less than california FACT 3 You're an idiot.
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ivyleague1985 (OP)
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January 14, 2015, 07:58:53 PM |
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If Russian banks go bankrupt the Russian government will just print more money and bail them out. All countries just print more money if they are going bankrupt.
No, many corporate debts and sovereign debts are issued in USD instead of Rubble. Printing Rubble will decrease the exchange rate significantly and it still cannot help paying off the debts in USD. The only way is to default on all USD debts, once they are out of USD reserves and no one (i.e. IMF, WB or China) is willing to lend them USD.
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ivyleague1985 (OP)
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January 14, 2015, 08:00:34 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers is way smaller than the GDP of Holland.The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. And this shows how big of a lilidot you are LB assets were 600 billions in 2008. Holland gdp is 800 billions. Please compare company assets to a country's total wealth. And compare company revenue to country's GDP. You were comparing orange to apple. At least i'm comparing something, You are mumbling fart noises. FACT 1 You're an idiot. FACT 2 Nobody gives a damn about a petrol station run by a mob , surface 1/5 of the world but gdp 2 times less than california FACT 3 You're an idiot. Once you entered into the "you are an idiot" quarreling, it means you really have nothing left to defend your argument.
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Jammalan the Prophet
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January 14, 2015, 08:02:56 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers is way smaller than the GDP of Holland.The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. And this shows how big of a lilidot you are LB assets were 600 billions in 2008. Holland gdp is 800 billions. Please compare company assets to a country's total wealth. And compare company revenue to country's GDP. You were comparing orange to apple. At least i'm comparing something, You are mumbling fart noises. FACT 1 You're an idiot. FACT 2 Nobody gives a damn about a petrol station run by a mob , surface 1/5 of the world but gdp 2 times less than california FACT 3 You're an idiot. Once you entered into the "you are an idiot" quarreling, it means you really have nothing left to defend your argument. Since your entire "arguments" are ... what? How about you come up with numbers.. What is that corporate debt , when it it due , what is the interest rate... You just spurt a lot of nonsense without anything backing it up... Show me some numbers , show me brains at work ..not fart noises of a lilidot.
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alani123
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January 14, 2015, 08:10:40 PM |
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I can't see the Eurozone being dragged into hell because of Russia. There might even be a possitive effect for other economies. I remember hearing that sanctions were infact bositive because both sides become less dependant.
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[/tabl
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ivyleague1985 (OP)
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January 14, 2015, 08:14:03 PM |
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In one month or two, Russia will face a huge wave of defaults triggered by low oil price, hyper-inflation and depleting USD reserves. First will be their oil companies, then banks and finally the sovereign debts.
The contagion will drag at least the Euro zone.
I didn't think that anything serves as a better hedge than Gold and bitcoin.
CNBC interview yesterday also mentioned this point of view.
In this big picture, it is temping to use bitcoin not only as an investment tool but also as a hedge towards possible Russian debt crisis.
In history, many notorious Black Fridays were triggered by Russian. Just cannot ignore this risk.
bitcoin is the really one dying, better mind your own businessI am so honored by trollers like you, registering a new account just to bash me in red ink. Thanks indeed.
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rocks
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January 14, 2015, 08:25:44 PM |
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In one month or two, Russia will face a huge wave of defaults triggered by low oil price, hyper-inflation and depleting USD reserves. First will be their oil companies, then banks and finally the sovereign debts.
The contagion will drag at least the Euro zone.
I didn't think that anything serves as a better hedge than Gold and bitcoin.
CNBC interview yesterday also mentioned this point of view.
In this big picture, it is temping to use bitcoin not only as an investment tool but also as a hedge towards possible Russian debt crisis.
In history, many notorious Black Fridays were triggered by Russian. Just cannot ignore this risk.
Whether it is this, or something else, the only thing we "know" for sure is in the next crisis the FED will print several trillion dollars to bail everyone out. That is a fact.
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cypherdoc
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January 14, 2015, 09:47:13 PM |
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In one month or two, Russia will face a huge wave of defaults triggered by low oil price, hyper-inflation and depleting USD reserves. First will be their oil companies, then banks and finally the sovereign debts.
The contagion will drag at least the Euro zone.
I didn't think that anything serves as a better hedge than Gold and bitcoin.
CNBC interview yesterday also mentioned this point of view.
In this big picture, it is temping to use bitcoin not only as an investment tool but also as a hedge towards possible Russian debt crisis.
In history, many notorious Black Fridays were triggered by Russian. Just cannot ignore this risk.
Whether it is this, or something else, the only thing we "know" for sure is in the next crisis the FED will print several trillion dollars to bail everyone out. That is a fact. Yes. Bitcoin is one of those asymmetric investments you "have" to participate in due to the enormous potential upside. Until or unless the protocol is broken, one has to assume it's going to work.
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ivyleague1985 (OP)
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January 14, 2015, 10:38:43 PM |
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To bet on possible Russian debt crisis, you may look into the following assets:
1. Gold and bitcoin 2. USD index 3. Reverse bear Russian ETF
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cakebet
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CakeBet Bitcoin Casino
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January 14, 2015, 10:39:20 PM |
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lol In one month or two, Russia will face a huge wave of defaults triggered by low oil price, hyper-inflation and depleting USD reserves. First will be their oil companies, then banks and finally the sovereign debts.
The contagion will drag at least the Euro zone.
I didn't think that anything serves as a better hedge than Gold and bitcoin.
CNBC interview yesterday also mentioned this point of view.
In this big picture, it is temping to use bitcoin not only as an investment tool but also as a hedge towards possible Russian debt crisis.
In history, many notorious Black Fridays were triggered by Russian. Just cannot ignore this risk.
bitcoin is the really one dying, better mind your own businessI am so honored by trollers like you, registering a new account just to bash me in red ink. Thanks indeed.
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ivyleague1985 (OP)
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January 14, 2015, 10:40:41 PM |
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BTW, there is also blood on the street for Rubble this morning.
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Bitmore
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https://eloncity.io/
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January 14, 2015, 10:43:37 PM |
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Russia failed already 2 times in the last 25 years. Nothing will happen. Btw their economy is the size of Holland right now Lehman Brothers' revenue is way smaller than the GDP of Holland. The contagion effect is amplified by the modern financial derivatives. So many credit default swaps were written and sold nowadays. Even country like Greece used to cause so much trouble to the world, not to mention Russia. Holland, yea. And armed with a huge army, 5000 nuclear weapons and ruled by a psychopath. Not so much like Holland.
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