Paper "AMERO" will replace the dollar by spring!? - page 5
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
В России безработица достигла 8,1%
Is unemployment rising like this anywhere else in the world?
The US unemployment rate hit a quarter-century high of 8.1%, exceeding analysts' expectations. Experts note that job cuts are driving down costs, which in turn is forcing a number of companies to lay off employees again
This whole memo is just nothing. The author has no idea about production, economics or investment. His knowledge of credit is limited to buying a TV set on credit, where he was shamelessly sold a 47% interest rate, which he didn't even notice until it was time to pay it back.
On oil. Peak production may have passed, which is not certain. However:
1. There are already alternatives in the form of sand oil (Canada and Venezuela - reserves are huge) and making diesel fuel from coal (Australia - reserves for 200 years minimum). These alternatives are expensive, but they go well with a shortage of oil - the price of 140 per barrel showed it.
2. In addition, the crisis has sharply reduced the need for oil, i.e. even as much as it is produced today is not really needed, which is why the price is falling.
3. Obama is throwing a lot of money at development of alternative energy sources. There is a good chance that the need for oil will be even lower after the crisis.
4. owning a pipe has never created a competitive economy. If the money flows by itself, the creating body is poisoned. Japan without any minerals created a competitive economy after the war, but the energy superpower destroyed even what little production it had.
I agree about the points.
Generally speaking, post-crisis growth will mainly be thanks to an explosion in technology. Let us take a simple example - all the same car industry: all the car giants have reduced production at least twice, but what segments have they produced? Having glanced through the reports we see that the main share of cuts was in "classical" segment, i.e. in automobiles with usual engines, and also in voracious monsters. Now we look at investment projects of the same companies - oh my god, they are growing, and it is in the period of crisis. Their investment projects are mainly completion stages of technologies of alternative energy sources, information support and Intelligence Control. They've been in a state of slow development ever since the fuel crisis of the 70s and 80s, and now they're back on top of the wave. I mean that it is highly probable that this money will be used (at least there is a historical guarantee), and it will give results.
Now, if the Americans, Japanese, Germans, etc.. (who doesn't have oil, but have technology), have stopped buying new petrol-diesel classic cars, with which all stands of their car-dealers are flooded, where do you think they will be in the near future? Who will they be mastered by, cheap, fresh, quality cars, but classics? And tomorrow, in post-crisis growth, what will the average citizen of these countries buy, knowing that the stock of nefi will only shrink? Hybrids at the very least. A crisis is like a fire in the forest, it cures the accumulated "diseases" - old ideas and models. And whoever catches on to a new, nascent trend will affect the rest of us tomorrow.
And a couple of words about the dollar: nothing will happen to it, all currencies in the world are falling, only the dollar is falling the slowest, and it will, because no matter how much we emotionally gloat over the Americans (a very bad quality in our mentality), we should try to be objective and give them first place as the most hardworking and ideological comrades in the world (and the Japanese maybe). And people around the world know this, which is why they buy shares in a corporation called the United States of America. If improvements start to be made, they will start there first. And then we will see, most likely it will stay that way (if there is no World War 3).
People in the world know this, and so they buy shares in a corporation called the United States. If improvements begin, they will start there first. And then we will see, most likely it will stay that way (unless there is a World War 3).
Oil is not just an energy carrier.
High technology cannot create material things out of thin air
And the Europeans and the Japanese and Americans will be buying gas for a long time (by gas tankers) in the future for rubles.
DMITRY MEDVEDEV:
It is clear, let's say, that one of such big ambitious tasks as formation of a world financial centre in Moscow, which I voiced at the beginning of last year at a number of such significant conferences that were held at that time - it is not the number one task today, but this does not mean that this idea must be given up. On the contrary, the crisis of world currencies and the situation around the dollar, the situation around the existing financial markets, the activities of the world's financial structures puts the task of creating a new global financial architecture on the agenda. Which means that the ruble still has every opportunity to eventually become one of the reserve financial units, one of the world's reserve currencies.
Oil is not just an energy carrier.
High technology cannot create material things out of thin air
And the Europeans and the Japanese and Americans will be buying gas for a long time (by gas tankers) in the future for rubles.
DMITRY MEDVEDEV:
Please, there are plenty of alternatives: hydrogen, biogas (by the way, all buses in Montreal run on bio-diesel for three years now), electricity, alcohol, etc. Hybrids alone will cut gasoline demand by 40 per cent. True, Medvedev will not tell you about it, he is building another matrix for you.
Well, things have changed a bit now... Europe already wants to get off the Russian 'gas needle', there are talks with Azerbaijan and Turkmenistan... And Mexico has found a major oil field... Mexico is now the world's third-largest oil producer... So now the Russian oligarchs will have to establish relations with China and supply energy resources there... Although China with its economy and population is probably one of the most promising markets.
Oh, and another thing! The crisis didn't hit Brazil, Canada, India so hard...
Galaxy, again:
нефть это не только энергоноситель
Oil is not just used to make gasoline and other fuels - although that is probably the main product into which it is refined. There is a huge petroleum synthesis industry that uses oil as a feedstock. Polymers can also be made from alcohol, of course, if you put your mind to it, but you certainly can't make them from hydrogen.
Galaxy, one more time:
Oil is not just used to make gasoline and other fuels - although that is probably the main product into which it is refined. There is a huge petroleum synthesis industry that uses oil as a feedstock. You can, of course, make polymers from alcohol if you try hard enough, but you certainly can't make them from hydrogen.
The Chinese seem to have learned to make alcohol from watermelons :)
Please, there are plenty of alternatives: hydrogen, biogas (by the way, all buses in Montreal run on bio-diesel, for three years now), electricity, alcohol, etc. Hybrids alone will cut gasoline demand by 40 percent. But Medvedev is not going to tell you about that, he is building another matrix for you.
it still takes energy to produce these alternatives
If americans switch from private cars to buses, the savings will be huge even if the classic fuel))
Europe wants to get off the gas addiction. They are holding talks with Azerbaijan and Turkmenistan...
All gas there has already been contracted for many years to Gazprom
This is Western propaganda, do not make me laugh, they will jump from one cock to another.
https://ru.wikipedia.org/wiki/Белый_поток
https://ru.wikipedia.org/wiki/Набукко_(gas pipeline)
Guys will dump the whole balloon on Amero, and then other guys from the other side of the ocean will take offense and privatize (nationalize) all the Amurican factories. I guess amero is a good duck after all.
it still takes energy to produce these alternatives.
If americans are switched from private cars to buses, then of course the savings will be huge, even on conventional fuel))
they already have all the gas contracted out for years to Gazprom.
that's western propaganda, don't make me laugh, they will jump from one dick to another.
https://ru.wikipedia.org/wiki/Белый_поток
https://ru.wikipedia.org/wiki/Набукко_(gas pipeline)
Remember the Dutch Syndrome, after the "debriefing" it became clear that this was a legitimate phenomenon, that it was not a "needle" for importers, but on the contrary a "needle" for exporters. No production can match the profitability of oil and gas extraction, there is a strong economic dislocation, i.e. other sectors do not develop. OPEC has proven this; no matter how much they call for production cuts, no one really does it, rather the opposite. This is because they cannot do anything else, and none of them wants to lose their already "lean" markets. On the contrary, they promise to increase future supplies if only the buyer does not jump. And this is reality, not Putin and Medvedev's words.
Speaking of energy, hydro-electric, nuclear and even thermonuclear power plants have not been cancelled, all that is missing is a small technological breakthrough in the field of capacitive batteries, and all the americans will drive on electricity en masse (precedents have already been set).