Results 1 to 13 of 13
  1. #1
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,393

    Deutsche Bank warns of global "time bomb" coming due to rising inflation

    Key Points

    • In an out-of-consensus forecast, Deutsche Bank is warning of a potential crisis coming from inflation.
    • “The effects could be devastating, particularly for the most vulnerable in society,” the firm’s economists said.
    • Most on Wall Street and at the Fed see inflation is a temporary problem that will ebb as special factors fade away.


    The analysis especially points the finger at the Federal Reserve and its new framework in which it will tolerate higher inflation for the sake of a full and inclusive recovery.
    The firm contends that the Fed’s intention not to tighten policy until inflation shows a sustained rise will have dire impacts.

    Deutsche Bank warns of global '''time bomb''' coming due to rising inflation
    Someone is sitting in the shade today because someone planted a tree a long time ago ...


  2. #2
    Excommunicated baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 03:19 AM
    Posts
    24,760
    buy goldo ?

    or crypto ?

    or pesto ?

  3. #3
    Member
    Tommy's Avatar
    Join Date
    Feb 2009
    Last Online
    27-02-2024 @ 10:38 AM
    Location
    Hua-Hin
    Posts
    89
    well gold is safe, but heavy to transport. crypto is unhackable and you can transport (in form of a password) unlimited amounts without detection. Think about the possiblities, like storing a big part of your wealth in crypto, hand over the passw to your kids... wonder how they going to raise a inheretance tax on something they don't know exists (using privacy wallets).

    As soon as people realizing what crypto can do for them, there won't be any central bank left. Unfortunately, if people are slow to adopt, the governments AND central banks get ahead and regulate the shit out of it. luckily, governments and banks are slow in adopting new stuff...

    pesto is definitely on my list!

  4. #4
    knows
    hallelujah's Avatar
    Join Date
    Nov 2006
    Last Online
    Today @ 03:01 AM
    Posts
    13,494
    You see, backspit was right all along!!!

  5. #5
    Thailand Expat David48atTD's Avatar
    Join Date
    Jan 2016
    Last Online
    @
    Location
    Palace Far from Worries
    Posts
    14,393

  6. #6
    Thailand Expat
    Shutree's Avatar
    Join Date
    Feb 2017
    Last Online
    27-03-2024 @ 06:14 PM
    Location
    One heartbeat away from eternity
    Posts
    4,658
    Quote Originally Posted by Tommy View Post
    crypto is unhackable
    A $620 million hack? Just another day in crypto | MIT Technology Review

  7. #7
    Thailand Expat
    thailazer's Avatar
    Join Date
    Jul 2010
    Last Online
    Today @ 01:56 AM
    Posts
    3,102
    Quote Originally Posted by baldrick View Post
    buy goldo ?

    or crypto ?

    or pesto ?
    Buy property.

  8. #8
    Thailand Expat OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    Yesterday @ 08:43 PM
    Location
    Where troubles melt like lemon drops
    Posts
    25,222
    Quote Originally Posted by thailazer View Post
    Buy property.
    In Thailand?

  9. #9
    Thailand Expat helge's Avatar
    Join Date
    May 2008
    Last Online
    @
    Posts
    11,660
    Quote Originally Posted by thailazer View Post
    Buy property.
    Interest going up

    Property prices going down

    Wait for it


    (I'm no economic wizard though)

  10. #10
    Member

    Join Date
    Apr 2010
    Last Online
    24-03-2024 @ 07:22 AM
    Posts
    401
    Inflation is cruel it robs the working class of its disposable income/funds.

  11. #11
    Thailand Expat
    malmomike77's Avatar
    Join Date
    Aug 2021
    Last Online
    @
    Posts
    13,674
    At its worst it kills

  12. #12
    Thailand Expat

    Join Date
    Aug 2017
    Last Online
    Yesterday @ 04:51 PM
    Location
    Sanur
    Posts
    8,004
    Was DB the German bank forecast to be close to collapse recently?

  13. #13
    5 4 Knoll
    david44's Avatar
    Join Date
    Aug 2011
    Last Online
    @
    Location
    At Large
    Posts
    21,088
    Pucker lips now
    I think I made more than DB one year I don't have a licence to lend money on several continents, CryON


    "29 Jan 2020 — The results conclude a turbulent decade for Deutsche, including a cumulative loss of 15 billion euros over the last five years"

    not even my nongs could spend that much



    Quote Originally Posted by Latindancer View Post
    I just want the chance to use a bigger porridge bowl.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •