• Monday, June 1, 2020

Comments on Profile Post by PakFactor

  1. Mangus Ortus Novem
    Mangus Ortus Novem
    Ignorance is a good escape medicine too. We need to have broader basket.. of reserves. It is only logical. Unless we have a few thousand tons of gold... but we don't.. not yet.

    Don't take it personally... state your logical postion and move on.
    Jan 13, 2020
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  2. PakFactor
    PakFactor
    That's true -- and I like your idea to state a position and move one. I'll do that for sure because the back and forth waste time because some will not learn. :)
    Jan 13, 2020
  3. OsmanAli98
    OsmanAli98
    As long as Bretton-Woods is in place Dollar is king for now however let's see how the Petro Yuan or the Yuan deals with it tho I am skeptical of paper currency and Central Banks in general gold and commodities should be the answer but the new order must destroy Bretton Woods
    Jan 13, 2020
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  4. PakFactor
    PakFactor
    @OsmanAli98 Brentton-Woods is like a knife hanging over everyone’s neck I fear with the increasing debt the US Local, State and Federal Govt. is putting on could cause issue with the dollar within a short-medium term.
    Jan 13, 2020
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  5. PakFactor
    PakFactor
    Many people especially Indians are blind and all they see is US being a power that can never go away, they fail to see internally US can’t even pay their pension payments without taking on more debt and increasing taxes and it’s limiting new home owner ship among younger generations.
    Jan 13, 2020
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  6. PakFactor
    PakFactor
    It’s even possible we can see a economic degradation over time this trade war has hurt many Americans and showed a lot of vulnerabilities.
    Jan 13, 2020
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  7. OsmanAli98
    OsmanAli98
    The problem with Indians their Cargo Cultism to the Americans and white folk blind them they dont understand times are changing but the Yuan was suppose to be its replacement but the trade war delayed that Trump has slowed the inevitable but for how long come the 2030s we dont know how America will stay as world superpower
    Jan 13, 2020
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  8. PakFactor
    PakFactor
    Yuan is the future backed by a market of over 1B+ people, even Europeans following US in this trade war have suffered a lot, and lost potential deals. But this is good China will spend more on R&D in house and become an export power along with internal increase in consumption. Imagine China in 30 years pulled 300M out of poverty and made them middle class and still 800+million more people to go.
    Jan 13, 2020
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  9. PakFactor
    PakFactor
    With trade they tried to stop the China 2025 plan which Chinese government said they’ll become a semi conductor manufacturing giant. But instead this trade war made China realize they should have put more focus in deployment for 5-10 years rather 10-20 years. They have a fund of 300B set up just for this now after their Huawei embarrassment.
    Jan 13, 2020
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  10. PakFactor
    PakFactor
    What Trump did was a blessing for China but American government were short sighted to see their own engineering of China’s policies. Once China masters advanced fabrication their weapons systems will go another level up and this were PAF needs to focus for project AZM and JF-17. And take advantage of this.
    Jan 13, 2020
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  11. Mangus Ortus Novem
    Mangus Ortus Novem
    @OsmanAli98 @PakFactor CPEC Phase2 and mutal trade in Yuan. We need to broaden our reserve basket. When we extract gold it should become part of our reserves. Selling it would be treason. Now once again read the thesis in game of chicken thread. What is unsaid...figure it out! We need to expand our industrial/manufacturing base.
    Jan 13, 2020
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