Those Cheering Sanctions and SWIFT Expulsions Need to Think of the Secondary and Tertiary Effects via /r/wallstreetbets #stocks #wallstreetbets #investing


Those Cheering Sanctions and SWIFT Expulsions Need to Think of the Secondary and Tertiary Effects

No doubt it is a tumultuous time filled with uncertainty for not only investors but the majority of the worlds populace. And as much as I’d love to give you degenerates great news I can only offer information that some maybe unaware of in order to navigate these waters a bit better.

First I’ll address the war in Ukraine. Those that are hoping to make a play directly off the ruble and Russia I’ll leave you with this excerpt as a multitude of Russian based companies are opening Chinese bank accounts in order to do business in Yuan.

“It’s pretty simple logic. If you cannot use U.S. dollars, or euros, and U.S. and Europe stop selling you many products, you have no other options but to turn to China. The trend is inevitable,” the source told Reuters.

As a growing number of Western companies abandon Russia, the willingness of emerging market giants such as China to sustain business relations with Moscow highlights a deep rift over Europe’s biggest crisis since the World War Two. That trend could threaten to chip away the dominance of the U.S. dollar in global trade. Full Article

And for themmins that think and argue war can boost economies? You’re right, to a very limited extent. In the immediate phases defense companies rake in dough, unemployment dips as more jobs are created for the effort and the GDP of countries involved seems to rise. The aspect most hawkish investors leave out though is that the countries involved print more fiat in order to facilitate all this and in turn make inflationary pressures worse for their people. SAUCE

In conclusion, educate yourselves if you can read and don’t hype just bcuz shit is hype. If you only eat crayons and fling shit I’ll attempt an emoji post for you at a later point.

Submitted March 04, 2022 at 04:23AM by Hopeless_Dreams713
via reddit https://ift.tt/MbI91yv