TraderPropShop
Discord ID: 496252084602142720
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!agree
Futures smell the success up on the Sunday nite trade.
They get the lifting of any US tariffs ... I think they had to give up some farm tariffs. It has been brutal down on the farm. I know, part owner of a farm via inheritance and the pain is here. So this should help the agri-business.
I should say "some" not "any"
But the bigger issue is still china for farmers. Soybeans at multi-year lows ... 8.44 a bushel.
In 2012 the high was 17.50 ... ouch. Depressed farm land values and no farmer is investing in equipment, etc ...
Farmers are getting prices they got back in 2006 - 12 years ago, but prices they pay have gone up 30 to 40%. Ouch!
But farming is only 5.5% of total US GDP, so not many care ...
As debt monetization starts with a vengeance soon, inflation is coming. Commodity bull market may start, though always dubious to call a bottom. Perhaps a good investment, considering everything else is so over priced.
Coffee, grains, sugar are all at multi-year lows. Interest rates rising. If this finally reverses people will cry to high heaven when they have to start paying a true price. People know something is about to happen, making Tim's culture war, go bananas.
The Fed!
US now pays more in interest payments than military ...
Brent cude just crossed $83 a barrel. Just the start of an inflation spiral. Get ready pay. Everything goes up in price.
Yes, I believe Japan will be ground zero for the next crisis.
That an Italy.
True, China crashes as well. And as you say may have wider effects.
Canaries in the coal mines everywhere: https://www.zerohedge.com/news/2018-09-30/chinas-bond-market-cracks-2018-will-be-record-year-onshore-bond-defaults
LOL, yes ... who can believe what they say.
Yes, in the end the market will win.
But the Fed and other central banks are quite clever ... they have extended this current expansion longer than I thought.
Trump and capitalism will get the blame.
Ushering in the socialist ... only to tank it further.
Yippes!
Not sure. My model for the future is a regional patchwork of fifdoms.
Yes we will all be equal ... equally poor.
pratel, for sure.
Yes, I read somewhere that they have like 80 billionaires in the central committee.
They are staying one step ahead of the pitchforks.
Yes, you really need to go local and carve out a space for yourself.
Hard to say where, or perhaps virtually a space. An economy isolated from the rest.
what is auturky?
ok
I told my kids, what ever you do, do not depend on gov. or large corporations ... they may screw you in the end. Be more independent in your career where possible.
I think in the end they will have to shut down all this social media stuff ... or greatly curtail it. People just can't deal with it, nor can big organisations/gov control the people.
I speak of what will happen, not what I want to happen.
But we maybe allowed is stuff like this, small social media groups, so long as they don't get big.
Jes, yes ...
I tried Reddit, I got the feeling they got a lot of rules and control a lot.
@pratel sounds a bit what we have today.
If you look at my post, I rarely use offensive language and always try to be fair in my comments. I am on my third userid with TYT with their shadow banning.
I tried to be very non-emotive and very careful what I said, I got banned anyway.
Yes, quite spooky.
I am suprised to see no one has not sued. Journalist or platform argument.
Maybe it just takes time. yes I have heard of this.
But can you imagine if it was totally free, and the nonsense people would do? But for me I am a free speech absolutist.
@pratel agree!
Tim Pool is too socialist for me, but he seams more reasonable. I can live with that.
As kind of joke here is what I wrote recently on one of his YT videos on educational debt - it was a joke:
Tim let me tell you your future. First they will shut down YT and other platforms, so your freelance journalism career is over, because fake news. The socialists will come and free all these party animals useless degree-ed students from their debt. The debt is monetized with fiat currency, causing inflation - so everyone pays. You then decide to go work for some bigger journalistic outlet as a grunt at low pay. Because you don't have a degree, they will make one of these degree-ed idiot students, now older, your boss and frustrate the hell out of you. Now you are the sucker. At this point you finally get red pilled and vote for the then current Trump, which makes you a racist scumbag. If they find out you voted for Trump, you will be doxxed and fired. Your wife divorces you the loser and you are now living on the street. Welcome to the world Tim, enjoy.
A comment like this on TYT will get you shadow banned.
@Jes yes TYT .... and no I never say young turds.
or libtard or anything like this
@Jes you in the UK, I am in the south of France
I have lived in France now 15 years, it has been a slow decline. 57% of economy is gov. socialism gone bust. In 10 years it will be Vensuela. Everyone talks about it/
France is a basket case .... don't believe it.
The only thing worse is Italy and Spain.
and Greece of course ... I worked there 2 years
@Jes not so sure, immigrants are taking over ... they all vote left for freebies ... perhaps when they get power it goes Islamic far right.
1 million French live in the US and Canada
Well they say it will be Holland, goes Islamic by 2025, not far away. Holland people will be the minority.
Is Qubeck racist, against who?
Yes, French people here are quite racist compared to Americans, they just don't do anything about it.
A lot of French have gone to Qubeck ... many talk about it.
lol
I worked in Bracknell for 2 years.
i know that place
Only decent resto in Bracknell was the Indian place.
The Pubs all served grease sprikled with fries.
The food is good in France I must say that. Especially coming back from the US.
Well, I leave you for now. Perhaps come back later ... at the NY open ... cheers.
Another Democrat donor doing his "civic duty": https://www.zerohedge.com/news/2018-09-30/kavanaugh-college-friend-detail-violentdrunken-behavior-judge
@Jes That mirrors what Tim said.
One must be very carful what you say nowadays.
I suppose one good thing, is that it has cleaned up the comments a bit.
@oprahsminge certainly more fun ... LOL.
Elon Musk's twitter rant cost him $40m, settles with the SEC.
He was trying to subvert short sellers, by suggesting to take Tesla private.
true, but nevertheless it still cost him.
I agree, competition is coming. He should do an M&A and focus on rockets.
Going to Mars....
Smoking joints with Joe Rogan.
I still hold out for fusion technology one day, get off the carbon base fuels.
Where do we bury all the spent rods?
LA?
LOL.
That might work, just make sure it gets there ....
@Grenade123 , true, perhaps the glide path over CA?
LOL.
In France the plan to shut down all the Nuke sites ....
Germany too ..
Dunno ... the science on this.
All I know is electricty is expensive in France.
Dunno, but the politics is thick, so no doubt we don't know the real story ...
I pay about $300 a month ... and I don't really have that much running.
ow
wow
I have 75m2 and you?
ok
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