Whenever there is too much noise around, we often have a hard time seeing the bigger picture; but when the layers are beautifully formed clarity can be found.
Just like how this photo shows us the effect of double exposure, some times we need to distance ourselves for a while in order to better understand what's in front of us.
I did that distancing - all all good on the western front for buying into RYM
Last edited by winner69; 13-12-2022 at 07:25 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
When you go for your next walk with the dog, or in my case pushing the pram. this is a good listen on the history of money and the US$ being a global currency. They discuss the potential downfall of the US$
When you go for your next walk with the dog, or in my case pushing the pram. this is a good listen on the history of money and the US$ being a global currency. They discuss the potential downfall of the US$
No this will not happen, you may as well have said , Russia as well !!
Or maybe RYM has BRICS $ denominated debt..
Apparently these countries dont like selling their resources or running surpluses and swapping them for US $ that have been devaluing 8% a year- because of huge money printing. anyways all this stuff is way about my pea brain to contemplate. Buffett says dont worry about the macro right.
Rawz...the downfall of the US dollar has been heralded for yonks...cheers.BTW if RYM does have US debt does that mean it's less now because our dollar has risen...I suppose it depends when it was borrowed.
OR most likely I'm talking a lot of twaddle.
If the outcome is unknown it is somewhat speculative. So.... increased risk, there will be a forex spread cost and some banker will be smirking on a nice new boat this summer courtesy of the special international fees.
Whats not to like.
Wonder if any company has ever actually explained, in detail (as opposed to the perennially glib "in shareholders' best interests"), why they do it.
Originally Posted by Balance
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