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Thread: Global Events & Politics Überthread

  1. #6921
    Expects Yuge Games nsacpi's Avatar
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  2. #6922
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    Some would disagree they need those things in the face of a scary flu.
    Natural Immunity Croc

  3. #6923
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    Quote Originally Posted by thethe View Post
    BTW, BL was fine with CCPs approach as they were welding shut apartment complexes and starving the Chinese people to death.

    Food for thought.
    Don’t want this to be lost at the bottom of a page. This is what the BL is on record supporting.
    Natural Immunity Croc

  4. #6924
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    Indeed he did.

    Kitchen sink

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    Natural Immunity Croc

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    Quote Originally Posted by thethe View Post
    Certainly not unreasonable, tyrannical, nor oppressive to literally trap citizens in their own homes to burn to death

    what would we do without the experts & academics?!
    "I can't fix my life, but I can fix the world" said the socialist

  7. #6927
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    Natural Immunity Croc

  8. #6928
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    The European Commission has asked the bloc’s 27 member states to approve a price cap on Russian oil of $60 a barrel, according to people familiar with the matter.

    The cap by the European Union’s executive body would set Russian crude prices significantly below the international benchmark, called Brent, which traded at about $88 a barrel Thursday.

    If the EU agrees on the level, the Group of Seven nations need to sign off on it. The seven countries and Australia aim to have it in place by Monday.

    The price cap is part of the West’s attempt to squeeze the Kremlin’s oil revenues while keeping global supplies steady and avoiding an increase in prices. It has been crafted as a way to try to allow Russian oil to sate global markets without Moscow getting the full benefit of its sale.

    All 27 of the EU’s member states need to approve the cap, which would be reviewed every two months starting in mid-January, according to the proposal. But members have largely coalesced around a cap of $60 a barrel to such a degree that the commission believes it can get a deal at this level, the people said.

    Russian crude trades at a significant discount to Brent, but since many buyers have shunned it altogether, price transparency has been more difficult. In some cases, Russian crude has traded well under $60 a barrel. Russia’s Urals crude fetched $48 a barrel when exported from the Baltic port of Primorsk on Wednesday, according to Argus Media, which assesses prices in commodity markets.

    Senior officials from the bloc’s member states began discussing the proposal on Thursday afternoon. A decision is expected later Thursday, with the officials saying Polish officials requested time to check the commission’s plan with Warsaw.

    https://www.wsj.com/articles/eu-asks...d=hp_lead_pos1

    It should be added as an aside that this approach could potentially be applied to oil from say Saudi Arabia. Sellers cartel meet buyers cartel.
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  9. #6929
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    The experts and academics will never learn from their stupidity

  10. #6930
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    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  11. #6931
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    Lol part time work has never been hotter!

  12. #6932
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    They reduced their first forecast 4.3 to 2.8 lol

  13. #6933
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    remind me again which one took us off the gold standard



    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  14. #6934
    Expects Yuge Games nsacpi's Avatar
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    And which country does this flag belong to?

    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  15. #6935
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    your ignorance is astounding.

    but your love of the fiat printing press is expected. can't finance unlimited WAR with gold.
    "I can't fix my life, but I can fix the world" said the socialist

  16. #6936
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    Quote Originally Posted by sturg33 View Post
    They reduced their first forecast 4.3 to 2.8 lol
    the lecturer posted a link to the fed as proof of a strong economy... and the link is the fed reducing the gap forecast by 35% from weeks ago.

    it is both hilarious and sad that young people go into crippling debt to learn from this idiot
    "I can't fix my life, but I can fix the world" said the socialist

  17. #6937
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    once upon a time it was your favorite link...for some reason you lost interest...wonder why

    so what's up with this recession of yours

    keep us updated will ya
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  18. #6938
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    Quote Originally Posted by nsacpi View Post
    once upon a time it was your favorite link...for some reason you lost interest...wonder why

    so what's up with this recession of yours

    keep us updated will ya
    The Atlanta fed is also hopelessly optimistic.

    Their track record is nearly as bad as yours.

    I once posted them because even THEY saw a Q2 contraction.

    You of course took the over. You of course were wrong. Again

  19. #6939
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    I'm glad to have you around to update us on this recession. Keep up the good work!!
    "I am a victim, I will tell you. I am a victim."

    "I am your retribution."

  20. #6940
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    Quote Originally Posted by nsacpi View Post
    I'm glad to have you around to update us on this recession. Keep up the good work!!
    I'm with you. The explosion of part time workers and credit card debt is a clear indicator that things are strong.

    What would we do without the academics

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