Stephen Isaacs of Alvine Capital Management discusses how British Prime Minister Boris Johnson’s expected departure from government might affect the market.
Investment manager says a pound sterling/euro currency crisis could get ugly
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It’ll cause even more deflation with usd.
Let me guess, this is Biden’s fault too? 💀
No it’s not, it’s just that any bad news globally is normally beneficial to the dollar. They both have very high inflation, but the difference is Europe is dependent on Russia for natural gas winch is weighing on Europe substantially. meanwhile the US is the largest producer of natural gas globally it produces 50% more gas than the number two nation Russia, it’s also the largest producer of oil at about 12 million barrels a day currently making US energy inflation going back into the US
🐻🐽The economy policies lapse of the “Trump” or previous administration is 12 month to 15 month that has ended 01/20/2022, now is time to welcome the effect of the Joe Biden, Democrats shithole economic policies. In January 20, 2021 Joe Biden signed into LAW “the BIDEN shithole economy”, and we are in July of 2022. “A world economic recession is starting now.” Furthermore, here is “The new economic catastrophe created by Joe Biden, Boris Johnson, Canada, Japan and the European Union.” The Economic sanctions to Russia put in misery the economy of every country in the planet not just Russia. “Welcome to the Joe Biden, European Union shithole economy”. China is in high alert; INDIA, MEXICO, Brazil, ARGENTINA Saudi Arabia and the United Arab Emirates know that Europe, Joe Biden, and the democrat can ‘not be trusted. They are thefts.
You are paying more than double for your gasoline since Joe Biden and the democrats killed the Trump economy; check the price of your food stupid, check your electric bill idiot, check your natural gas bill dummy. In addition, all that democrats (gun control assH) are doing for the USA economy is just selling weapons to kill people in Ukraine).
ROME (AP) — Prices for food commodities like grains and vegetable oils reached their highest levels ever last month (April) largely because of the sanctions impose on Russia by the EU. UK, USA and CANADA the “massive supply disruptions” is, threatening millions of people in Africa, the Middle East and elsewhere with hunger and malnourishment, the United Nations said Friday
Stocks have fallen sharply for the year-to-date and in the past several weeks especially. The S&P 500 has tumbled 16% so far in 2022, and by a slightly more pronounced 16.6% from its recent record closing high from January 3. The tech-heavy Nasdaq Composite has performed even more poorly, sinking 25% for the year-to-date and by about 27% from its recent record high from Nov. 19, 2021. But even after these double-digit losses, stocks may still have further to decline before bottoming.🐼
Bankrupt Back Bigger
Buy fruit and vegetable seeds, ammo and canned goods.
POUND STERLING
Lol
Since 2015……Cargill planned…….u.n. doc………codex alimentarious…..starvation
I don’t need to be a expert to say something “could” happen…but you know, let’s scare you.
Same here. While Biden is shipping our oil to China at discount prices we are paying Bidens price hike.
Please give me the thing because I know things.
AMC 💎🙌🚀🚀
Yes!!!!!
Time to go back to gold and silver. If any country ever decides to back a currency by precious metal again it will be the world standard everything else is worthless paper.
Russia is currently trying to do that
@@ericburton3963 I hope someone does the world needs a stable currency governments can’t destroy by printing at will. I would like to see a crypto backed by gold created.
You’ll be throwing gold and silver in the street
@@kxo1038 during upcoming food shortages
@@yehimstone5492
I hear the third world is already feeling it
In other news. The Ruble is up, & Russia is ready to pay its debt
😆😆😆😂
The west and Russia are cut off so the Ruble has very limited use, Russians cannot buy stuff from Europe but can buy cheaper stuff from China, the problem is that cheap stuff from China means factories in Russia will not be able to compete with China and crash… If Russia losses many companies crash that is not good end result. Ruble can go up and down but when you lose a company it is gone forever….
@@drscopeify
Yea but how many countries are ready to pay off their debt?
The Ruble is doing fine
Lol
Ruble is doing pretty well now that the wealth transfer from the Russian poor and middle class to the rich is complete. The super wealthy never let an economic crisis go to waste.
Must
Get
New
Microphone
Otherwise a proper diagnosis ….that I could understand.
Supply chain issues…the good Mike’s are sold out.
when the misleaders continually bail you out with printed monopoly money you stay calm like this chap. Cheers.
Poor sound quality.
Well, y’all Euros have no one to blame but yourselves. That’s what you get for waging a war of economic terrorism against Russia & lavishing Ukraine with billions you don’t have. It has come back full circle to bite your imperial ass while Rusdia’s economy blooms. And this is only the beginning, wait till the winter. Same goes for the crooks & idiots in the US.
Watching the pound tank against the dollar for some time now 👀 strange times!
DONT INVEST IN PSEI PHILIPPINES ALL FOREIGN INVESTORS WITHDRAW ALL OF YOUR FUNDS STARTS NOW