Re: Run-up to WW3
Posted: Sat Mar 12, 2022 1:14 am
In other "run up to ww3" news, the latest CPI report shows that inflation is still climbing and higher than it's been in 40 years. Food, housing, fuel and vehicles are up way more than that. Of course they're going to blame Russia for all of this and not acknowledge the flurry of money printing. They are stealing from Americans by debasing the currency in order to prolong the inevitable debt default and crash.
Look, they are already saying they won't raise the interest rates. The interest rates have been so low it's essentially free money for people in a financial situation where they can leverage it. Low interest rates are another thing driving inflation, so the fed has been saying they will raise them, but I think they can't because then the federal government won't be able to cover its debt payments and will default sooner.
Meanwhile, all these problems with supply chains and shortages are expected to persist indefinitely. USA is scrambling to create semiconductor capacity but not expected to have anything until 2023 or 2024. In the meantime we're dependent on east asia, and China and Russia are cozying up and trying to become financially independent from the west. Taiwan makes 60% of the world's semiconductors, and most of the rest are from South Korea.
Does USA even have the resources to conduct military operations in Europe or Asia right now? They just blew trillions in Afghanistan for absolutely nothing and the domestic economy is teetering. I'm sure Russia knows this is a good time for making moves, and I'm sure China does too. Germany is scrambling to remilitarize. Russia sells more oil and gas to China than anywhere else, and they just made a big deal to do even more of that. Russia is now threatening to shut off gas to Europe. This would be a big deal I think, considering that when it happened for a couple weeks in 2009 it was considered a humanitarian crisis across southeastern Europe.
Things are gonna get a lot worse.
Look, they are already saying they won't raise the interest rates. The interest rates have been so low it's essentially free money for people in a financial situation where they can leverage it. Low interest rates are another thing driving inflation, so the fed has been saying they will raise them, but I think they can't because then the federal government won't be able to cover its debt payments and will default sooner.
Meanwhile, all these problems with supply chains and shortages are expected to persist indefinitely. USA is scrambling to create semiconductor capacity but not expected to have anything until 2023 or 2024. In the meantime we're dependent on east asia, and China and Russia are cozying up and trying to become financially independent from the west. Taiwan makes 60% of the world's semiconductors, and most of the rest are from South Korea.
Does USA even have the resources to conduct military operations in Europe or Asia right now? They just blew trillions in Afghanistan for absolutely nothing and the domestic economy is teetering. I'm sure Russia knows this is a good time for making moves, and I'm sure China does too. Germany is scrambling to remilitarize. Russia sells more oil and gas to China than anywhere else, and they just made a big deal to do even more of that. Russia is now threatening to shut off gas to Europe. This would be a big deal I think, considering that when it happened for a couple weeks in 2009 it was considered a humanitarian crisis across southeastern Europe.
Things are gonna get a lot worse.