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chartistkao1
Supreme |
17-Mar-2023 09:18
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US banks infected with " deadly default disease" again https://www.reuters.com/business/finance/us-bank-cds-prices-surge-contagion-concern-widens-2023-03-15/
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chartistkao1
Supreme |
17-Mar-2023 08:23
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the problems of hikibng rates too much in one year,now US has to print money to help all the banks there If the government prints too much money, people who sell things for money raise the prices for their goods, services and labor. This lowers the purchasing power and value of the money being printed. In fact, if the government prints too much money, the money becomes worthless.
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chartistkao1
Supreme |
17-Mar-2023 08:18
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if china and miiddle east sell us bonds when the FED When the Fed increases the money supply faster than the economy is growing, inflation occurs. In this situation, the increase in money circulating in an economy is higher than the increase in goods produced. the world will go into deep recession !
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chartistkao1
Supreme |
16-Mar-2023 19:46
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if china screw us vie selling us bonds it will hit us banks and import and export companies https://www.bbc.com/news/business-64563855
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chartistkao1
Supreme |
16-Mar-2023 19:43
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The Fed could initiate open market operations (OMO), where it buys or sells Treasuries to inject or absorb money. It can use repurchase agreements for temporary expansions. It can use the discount window for short-term loans to banks.3
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chartistkao1
Supreme |
16-Mar-2023 19:39
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it is time for china to act to sell more us bonds https://www.businesstoday.in/silicon-valley-bank/story/us-fdic-may-need-temporary-guarantee-for-all-bank-deposits-former-chair-bair-373546-2023-03-16
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chartistkao1
Supreme |
16-Mar-2023 19:37
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US will have to print more money to guarantee the three banks and other 11 bank deposits
U.S. government guarantees all Silicon Valley Bank deposits, money available Mondayso if china takes this opportunity to sell us bonds us will ahve more banks failure much worst than what china being through in 2022.Good luck to old man Powell and evil bidden!
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chartistkao1
Supreme |
27-Feb-2023 14:18
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US' s fed rate hikes and how US affect middle east economy https://www.thenationalnews.com/business/economy/2022/11/24/abu-dhabis-economy-expands-112-in-first-half-despite-global-macroeconomic-challenges/
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chartistkao1
Supreme |
24-Feb-2023 10:03
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https://www.voanews.com/a/south-africa-declares-state-of-disaster-over-energy-crisis-/6956810.html
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chartistkao1
Supreme |
24-Feb-2023 10:01
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A US$14b bailout leaves South African power crisis unsolvedBY
PAUL BURKHARDT & S' THEMBILE CELE
BLOOMBERG
The three-year debt-relief plan for Eskom Holdings SOC Ltd, announced in Finance Minister Enoch Godongwana&rsquo s budget speech on Wednesday, is contingent on the company bringing in private operators to help run its plants and transmission network and meeting other performance criteria. Those measures will take months or even years to bear fruit, with the National Treasury warning that rolling blackouts that began in 2008 will persist until at least the end of 2024. The extent of the energy crisis was on stark display on Tuesday, with Eskom cutting a record 7,000 megawatts of capacity from the national grid to prevent its collapse &mdash the 115th straight day it has instituted outages. The following evening, the utility said chief executive officer Andre de Ruyter would leave his post immediately, rather than at the end of next month as previously planned. The announcement came shortly after he criticised the government and the ruling African National Congress over corruption. Power shortages will only gradually ease as Eskom&rsquo s near-monopoly dwindles and companies and households install more of their own generation capacity, said Lumkile Mondi, an economics lecturer at Johannesburg&rsquo s University of the Witwatersrand. &ldquo South Africa as an investor destination, forget it,&rdquo he said. &ldquo We&rsquo re in this period of slow growth for many, many years to come.&rdquo  A lack of funds and spare capacity also forced the utility to scale back on maintenance, which has exacerbated plant breakdowns and outages. And it has fallen victim to theft and graft, with De Ruyter estimating that one billion rand is being stolen from its coffers each month, often by people affiliated with the ANC. Responding to De Ruyter&rsquo s allegations, ANC Secretary General Fikile Mbalula said the party&rsquo s lawyers would write to the former CEO demanding that he prove or retract his allegations. He also accused De Ruyter of failing to get a handle on the nation&rsquo s energy crisis. On Feb 9, President Cyril Ramaphosa announced plans to name an electricity minister to spearhead the response to the blackouts, but an appointment has yet to be made. The government also hasn&rsquo t clarified whether Eskom will continue to answer to the public enterprises ministry or be shifted to the energy ministry &mdash a move the ANC has approved but which Godongwana says will complicate the disbursement of debt relief. https://theconversation.com/south-africas-power-crisis-going-off-the-grid-works-for-the-wealthy-but-could-deepen-injustice-for-the-poor-200288 Ramaphosa is still considering those matters, along with making changes to his cabinet, said Mbalula. &ldquo He is not a fanatic of doing things just for the sake of doing it and for populist stances,&rdquo Mbalula said. &ldquo He doesn&rsquo t take quick decisions, he applies his mind and when he takes decisions you can be confident in those decisions.&rdquo While cabinet appointments are the president&rsquo s prerogative, Eskom&rsquo s board should have moved with greater haste to find a replacement for De Ruyter, who announced his intention to quit in mid-December after three years on the job, according to Godongwana. The board will meanwhile have to ensure the utility meets all its obligations to qualify for the debt relief, and if it doesn&rsquo t &ldquo heads will have to roll&rdquo , he said. Public Enterprises Minister Pravin Gordhan on Thursday said the appointment of an acting CEO is being finalised, and an announcement will be made in due course to ensure there isn&rsquo t a leadership vacuum. Some Eskom investors are giving the government the benefit of the doubt for now, with the yield on the utility unsecured 2028 notes dropping 90 basis points since Tuesday. &ldquo While there is some execution risk, we believe it seems to be a credible plan that &mdash if executed with ruthless focus and urgency &mdash can provide Eskom with a path to return to financial and operational sustainability,&rdquo said Olga Constantatos, head of credit at Cape Town-based Futuregrowth Asset Management, which oversees about US$11.3 billion in fixed-income investments. The budget documents indicate there is government recognition that &ldquo a different approach is needed, which we view as positive&rdquo , she said.
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chartistkao1
Supreme |
24-Feb-2023 09:56
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us' s debt no ceiling it is infinite so need to mix with many times of us rate hikes
The US Treasury Secretary stresses the importance of being attentive to &ldquo the spillovers of macroeconomic tightening&rdquo from major economies to the rest of the world.(Feb 23): The global economy is in a better place today than many predicted months ago, US Treasury Secretary Janet Yellen said Thursday, while reiterating her calls for support to Ukraine on the eve of the one-year anniversary of Russia&rsquo s invasion. Yellen&rsquo s comments, delivered at a press conference in Bengaluru, India, where finance ministers and central bank governors from the Group of 20 countries are gathering Feb 22-25, highlight a shift in tone on the global economic outlook from the last time the world&rsquo s top policymakers met in October. &ldquo The challenges we face are real, and the future is always uncertain. But the outlook has improved since we gathered in the fall,&rdquo Yellen said. Her comments come just a few weeks after the International Monetary Fund said it saw a &ldquo turning point&rdquo for the global economy and raised its growth outlook for the first time in a year.  On the global front, she stressed the importance of being attentive to &ldquo the spillovers of macroeconomic tightening&rdquo from major economies to the rest of the world. Yellen noted signs of declining headline inflation across the globe, but stressed &ldquo there&rsquo s much more work to do&rdquo . Ukraine aidSpeaking a day before the one-year anniversary of Russia&rsquo s invasion of Ukraine, Yellen also reiterated the US administration&rsquo s readiness to continue sending billions of dollars in aid for the Eastern European country as it battles Russian aggression and missile attacks.The US has provided over US$46 billion in security, economic and humanitarian assistance to Ukraine and expects to provide around US$10 billion in additional economic support over the coming months, Yellen said. Financial aid, used to support critical public services and help keep the government running, is one of several ways in which the US and its allies are helping Ukraine. She also called for the IMF to move swiftly toward a fully-financed programme for Ukraine, and said that continued, robust support for Ukraine will be a major topic of discussion during her time in India. &ldquo Our twin goals are to degrade Russia&rsquo s military-industrial complex and reduce the revenues that it can use to fund its war,&rdquo she said. Yellen&rsquo s spotlight on the war in Ukraine is at odds with G-20 host India&rsquo s efforts to downplay the conflict during the group&rsquo s deliberations. Indian officials guiding the event are going so far as to seek avoiding the word &ldquo war&rdquo in any joint statement that concludes the meetings. The US Secretary also cautioned against countries that help Russia evade sanctions, saying the administration would continue to make clear to the Chinese government and to companies and banks in their jurisdiction about what the rules are regarding such sanctions and the serious consequences they would face for violating them. &ldquo We have made clear that providing material support to Russia or assistance with any type of systemic sanctions evasion would be a very serious concern to us,&rdquo Yellen said.
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chartistkao1
Supreme |
22-Feb-2023 15:16
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how will us interest rates crashed the global economy and dectroyed the global world? https://www.thenationalnews.com/business/energy/2023/02/22/oil-steadies-amid-concerns-of-further-interest-rate-raises/
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chartistkao1
Supreme |
13-Feb-2023 16:45
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singapore response to 2008 and 2020-2021' s crisis
https://www.martinlee.sg/uploads/dbs-rights-announcement.pdf
https://www.singaporeair.com/saar5/pdf/Investor-Relations/Rights-Issue/Rights-Issue-Launch-Announcement.pdf
https://www.singaporeair.com/en_UK/us/about-us/information-for-investors/rights-issue/
https://www.singaporeair.com/en_UK/sg/about-us/information-for-investors/rights-issue-mcb/
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chartistkao1
Supreme |
10-Feb-2023 16:51
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the Us use indians to do chatgpt and their chinese uncle used https://indianexpress.com/article/technology/reddit-users-are-jailbreaking-chatgpt-and-calling-it-dan-do-anything-now/
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chartistkao1
Supreme |
10-Feb-2023 16:46
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angmos chatgpt ,chinese cousin dangpt pricdicted that https://coinchapter.com/chatgpt-warns-china-will-crash-stock-market/
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chartistkao1
Supreme |
10-Feb-2023 16:28
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If the United States were to hit its debt ceiling and default on its debt obligations, it would likely not be considered safe to hold US Treasury securities. When a country reaches its debt ceiling, it means that the government has reached the limit of its borrowing capacity, and it can no longer issue new debt to finance its spending. If the government is unable to reach an agreement to raise the debt ceiling and defaults on its debt, it would likely result in a sharp decline in investor confidence and a significant increase in interest rates. This could trigger a financial crisis and lead to a loss of wealth for investors who hold US Treasury securities. In such a scenario, it would likely be safer for investors to hold assets in other countries with a lower risk of default, such as bonds issued by the governments of stable and creditworthy countries. However, it' s important to keep in mind that investing in foreign bonds involves currency risk, as the value of the investment will be impacted by changes in the exchange rate between the US dollar and the foreign currency. In general, it' s important to diversify investments across a range of assets and countries to minimize risk and ensure a balanced portfolio. It' s also important to regularly monitor and reassess the risks and potential rewards of any investment, especially in times of economic uncertainty. https://www.brookings.edu/research/fed-response-to-covid19/
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chartistkao1
Supreme |
10-Feb-2023 16:19
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once upon a time usd is peg with the gold but the US decided to The United States abandoned the gold standard, which meant that the US dollar was no longer pegged to the price of gold, in 1971. Prior to that, the US government had promised to exchange US dollars for a fixed amount of gold, and other countries held dollars as a reserve currency because of this promise. However, as the US printed more money to finance the Vietnam War and other spending, the demand for gold increased, and the US government was faced with the prospect of running out of gold to fulfill its promise. In response, President Nixon suspended the convertibility of the US dollar into gold, effectively ending the gold standard. This move allowed the US to better manage its money supply and inflation, as it was no longer tied to the supply of gold. It also made the US dollar the world' s primary reserve currency, as other countries could no longer exchange their dollars for gold. The end of the gold standard also enabled central banks to use monetary policy more effectively to manage their economies. While the abandonment of the gold standard did have some benefits, it also led to a new set of challenges, such as the risk of inflation and currency devaluation. Nevertheless, the US dollar remains a key component of the global financial system and continues to be used as a reserve currency by many countries.
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chartistkao1
Supreme |
10-Feb-2023 16:17
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if the global stock market did not correct in 2023, this time US will do it differently to the whole world If the United States were to default on its debt obligations, it would have serious consequences for both the US economy and the global financial system. The US government borrows money by issuing Treasury bonds, bills, and notes. A default would occur if the government failed to repay its creditors in full or on time. Such an event would cause a sharp decline in investor confidence and lead to a significant increase in interest rates, making it more expensive for the government to borrow money in the future. This could trigger a financial crisis, as investors would sell their Treasury bonds, causing the value to drop and potentially leading to a chain reaction of selling in other financial markets. In addition, a US default would likely have a ripple effect on the global economy, as many countries, businesses, and individuals hold US Treasury securities. This could lead to a significant loss of wealth for investors and potentially result in a downturn in the global economy. It' s important to note that a default by the US is considered unlikely, as the country has a long history of repaying its debt obligations, and the government has the ability to print money to repay its creditors. Nevertheless, the possibility of a default should not be taken lightly and it is always important to be mindful of the potential risks associated with investing in government debt.
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chartistkao1
Supreme |
10-Feb-2023 16:13
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AMERICAN politicians are once again playing the game of chicken with the country&rsquo s debt ceiling. Late last week (Jan 19), Washington&rsquo s debt limit of US$31.4 trillion was reached. A bipartisan group of US lawmakers hope to present a plan to change the ceiling from a fixed amount to a percentage of national economic output. In the meantime, the stand-off continues and the US Treasury is resorting to a financial sleight of hand to avoid a default immediately. The US government&rsquo s debt limit was introduced in 1917 as a way for the US government to quickly raise funds for World War I. This measure also gave Congress the power to check how that money is spent. Over the years, American politics has become increasingly polarised. In 2011, Congress forced the Obama administration to make budget cuts of US$900 billion to enable debt to be raised by a similar amount. It is often said that the debt ceiling only becomes an issue when a Democrat occupies the White House and Republicans hold at least one legislative chamber. However, the real problem is that since 2001, every administration has spent more than it received as revenue, issuing Treasury bills to make up the difference. And because the US dollar remains the world&rsquo s reserve currency, this system has enabled the US to live way beyond its means. US politicians smugly assume this current tussle will be resolved one way or another and everything will go back to status quo ante. They think the demand for US dollars (and thus US debt instruments) for global trade will never change American governments can always spend beyond their income. But some things have changed and more changes may be on the horizon. In 2011, the US went so close to the brink of default that rating agency S& P Global downgraded US Treasury bills for the first time. It has never regained its AAA rating. The war in Ukraine has forced several countries to conduct the Russian oil trade in a currency other than the US dollar. Delhi has allowed two Russian banks to open vostro accounts in India and Moscow has offered the Chinese yuan to pay for some of its imports. Indeed, China and Russia, each for its own reasons may want to break away from the US dollar-dominated trade system. They have been active in the gold market &ndash China and Russia rank sixth and fifth respectively in the world in terms of gold reserves held. The two nations are also respectively the world&rsquo s largest and third largest producers of gold. And they seem to be buying the outputs of their own mines. Could all this form the foundation for a parallel trade network that would facilitate cross-border exchange without reference to the US dollar? Both Beijing and Moscow have good reasons to pursue such a strategy. As well, Saudi Arabia may be rethinking its position as a pillar of the petrodollar system established in the 1970s that rests on pricing crude exports in the greenback. At the same time, more than half of the world&rsquo s central banks are working on their own digital currencies and a trade network &ndash with bilateral currency swap lines &ndash may be in the offing. De-dollarisation and with that, the greenback&rsquo s vaunted exorbitant privilege may end sooner than US politicians assume. https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html
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chartistkao1
Supreme |
10-Feb-2023 15:46
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the us need a default on its debt to bring its inflation to 2% by 2024 https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-debt-ceiling-fight-could-cause-markets-to-tumble-delay-fed-taper-66552793
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