he U.S. is considering $3.1 billion in new tariffs on products from France, Germany, Spain and the UK
Published Wed, Jun 24 20207:28 AM EDTUpdated Moments Ago
Silvia Amaro @Silvia_Amaro
Key Points
The goods in consideration include olives, coffee, chocolate, beer, gin, some trucks and...
Ok, that is fair and your are somehow right.
But i think in this current situation that we have today there are a lot of unknowns variables everywhere.
Of course, you just repeated what you say before but with pawnshop example. i just want to make sure if what you saying more about a general or a specific timeline situation.
-You are saying some country X has an historical reputation therefore maintain some money supremacy.
-Or your are saying...
I just pointed to you the that data is very similar that data in the FED website and BIS website
https://stats.bis.org/statx/srs/table/f1.1 245 is non financial total debt.
Some economists for whatever reason like confuse people saying that the total debt of China including financial as...
I really hope that you say that as general statement and not an as specific time situation. Because has become more about faith rather than real value.
This remember me an excerpt from the movie margin call.
-->so that WE may survive! "the cold war"
-->You'll never sell anything to any of
those people ever again.
--> I understand.
-->Do you?
--> Do You???
--> This is it!
--> I'm telling you.
This is it.
Even those foreign students are not enough to fill many positions in the U.S tech sector, there will be an inevitable shortage of talent, the U.S tech sector is the biggest in the world.
One of the biggest advantages of the US that i think the people correctly point out is that while China has...
The problem is that Billy doesn't have the degree or the skills to take that job, the reason for the H1B visa program at the beginning was that the technology sector was and is growing very fast so there was a talent scarcity, because universities were not graduating enough people to fill those...
This makes no sense since most high skilled workers didn't lose their jobs in this crisis. This will only exacerbate the lack of skill talent in the US. Call me crazy but i don't think the Billy from Arkansas is up to task of replacing Patel the programmer or Yang the researcher anytime soon.
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Its say it right there, 245% is nor financial household, government and corporate wich is in line with the FED data, 317% is with financials liabilities.
The total not financial debt of the US is 257% and the total financial debt is 77 Trillion like 350% of GDP
I think the processor architecture is from UK, The chip was designed in Japan and was fabbed by TSMC.
This is a beast of an ARM processor, the only other high performance ARM processor that i know is the Huawei Kunpeng processor which i think are faster than this one with 64 cores instead of the...
Well that is not a collapse but a more gradually change in currency preferences because the overuse by the United State of sanctions.
A collapse will be catastrophic.
This is a game changer because this is an ARM supercomputer not an Intel or AMD one, this change everything.
Japan need to watch their backs because there a few people that are not happy with this.
https://www.press.umich.edu/pdf/0472113585-ch5.pdf
And they now what happen when this people are...
And the total non financial debt in the United State According to the FED is
74% corporate
76% household
107% government
That is a total of 257% of GDP not 209% if you add financial liabilities you get the Total debt.
50 gov, 150 corp, 50 household of nominal GDP.
If we disclosed like the way you did is about 250% of nominal GDP which is the number i see in the FED data.
The nominal GDP of China in 2019 is like 15 Trillion * 2.5 is like 35 Trillion. but that is not the 350% of nominal GDP that you posted...
What you posted was China TOTAL debt and that include Financial institutions because that is were that number come from and is mostly issue in yuans not dollars so in terms of debt to GDP, debatable if PPP or nominal.
What i posted was US total debt including debt by financial institutions.
But...