Have yall been following… Russia close to a failed state. The new sanctions killing the country
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Chrishaune
Veteran
Mister Terrific
It’s in the name
HOUSTON, Jan 2 (Reuters) - U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023.
The U.S. was the stand out in global LNG supply growth in 2023, said Alex Munton, director of global gas and LNG research at consulting firm Rapidan Energy Group of the rise to 8.6 million metric tons leaving U.S. terminals in December.
Lithium discovery in US volcano could be biggest deposit ever found
Lithium discovery in US volcano could be biggest deposit ever found
Find could point to new ways to prospect for material in high demand for batteries.
www.chemistryworld.com
PITTSBURGH (KDKA) — Researchers at the University of Pittsburgh found a goldmine of lithium in Pennsylvania. The discovery suggests that up to 40 percent of the lithium used in the United States could come from the wastewater from Marcellus Shale gas wells in the Keystone State.
Researchers in Pittsburgh discover large source of lithium in Pennsylvania
Researchers at the University of Pittsburgh found a goldmine of lithium in Pennsylvania.
www.cbsnews.com
Mister Terrific
It’s in the name
It’s the same and steady the last 20 years. Arguable even higher.
Chrishaune
Veteran
It’s the same and steady the last 20 years. Arguable even higher.
Anybody that's been to the store in the last 4 years knows that's a lie.
comparing it to other currencies in a dollar based system is not a truthful picture.
Once the system is flipped and another real alternative is presented, then you are going to see just how weak the dollar is.
That's why the U.S. is in these wars that don't make sense now. They are trying to keep the system going.
That mine is owned by the Chinese you idiot
“The mine is a project of Lithium Nevada, LLC - a wholly owned subsidiary of Lithium Americas Corp, whose largest shareholder is the world's largest lithium mining company, Chinese Ganfeng Lithium.”
Mister Terrific
It’s in the name
The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP).I dont know what's so funny. america still deep in debt, under the control of israel and corporations, inflation, all these wars popping up.. it aint funny bruh...
Financial position of the United States - Wikipedia
Saying the US has debt is like saying Elon Musk or Bill Gates have “debt”
Chrishaune
Veteran
Mister Terrific
It’s in the name
Retard babble
Additionally, many foreign countries leverage the effectiveness of the U.S. dollar as a store of value by limiting the movements of their currencies with respect to the U.S. dollar – in other words, using it as an anchor currency. As Ilzetzki, Reinhart, and Rogoff (2020) highlight, the dollar's usage as an anchor currency has increased over the past two decades. They estimate that 50 percent of world GDP in 2015 was produced in countries whose currency is anchored to the U.S. dollar (not counting the United States itself).4 In contrast, the share of world GDP anchored to the euro was only 5 percent (not counting the euro area itself). Moreover, since the end of the Ilzetzki et al. sample in 2015, this anchoring has changed little. One exception might be the re-anchoring of the Chinese renminbi from the U.S. dollar to a basket of currencies. However, the U.S. dollar and currencies anchored to the U.S. dollar comprise over 50 percent of this basket so the variation of the Chinese renminbi against the dollar has remained limited.
The U.S. dollar is dominant in international transactions and financial markets
The international role of a currency can also be measured by its usage as a medium of exchange. The dominance of the dollar internationally has been highlighted in several recent studies of the currency composition of global trade and international financial transactions. The U.S. dollar is overwhelmingly the world's most frequently used currency in global trade.5 An estimate of the U.S. dollar share of global trade invoices is shown in Figure 5. Over the period 1999-2019, the dollar accounted for 96 percent of trade invoicing in the Americas, 74 percent in the Asia-Pacific region, and 79 percent in the rest of the world. The only exception is Europe, where the euro is dominant with 66 percent.6In part because of its dominant role as a medium of exchange, the U.S. dollar is also the dominant currency in international banking. As shown in Figure 6, about 60 percent of international and foreign currency claims (primarily loans) and liabilities (primarily deposits) are denominated in U.S. dollars. This share has remained relatively stable since 2000 and is well above that for the euro (about 20 percent).
Figure 6. Share of international and foreign currency banking claims and liabilities
6a. Claims
6b. Liabilities
Note: Share of banking claims and liabilities across national borders or denominated in a foreign currency. Banking claims and liabilities are defined as loans and deposits only, including repurchase agreements. Excludes claims on and liabilities to related banking offices and central banks. Also excludes intra-euro area cross-border claims and liabilities. At current exchange rates. Data are annual and extend from 1999 through 2022. Legend entries appear in graph order from top to bottom.
Source: BIS locational banking statistics; Board staff calculations.
Accessible version
"The International Role of the U.S. Dollar" Post-COVID Edition
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
Chrishaune
Veteran
Retard babble
Additionally, many foreign countries leverage the effectiveness of the U.S. dollar as a store of value by limiting the movements of their currencies with respect to the U.S. dollar – in other words, using it as an anchor currency. As Ilzetzki, Reinhart, and Rogoff (2020) highlight, the dollar's usage as an anchor currency has increased over the past two decades. They estimate that 50 percent of world GDP in 2015 was produced in countries whose currency is anchored to the U.S. dollar (not counting the United States itself).4 In contrast, the share of world GDP anchored to the euro was only 5 percent (not counting the euro area itself). Moreover, since the end of the Ilzetzki et al. sample in 2015, this anchoring has changed little. One exception might be the re-anchoring of the Chinese renminbi from the U.S. dollar to a basket of currencies. However, the U.S. dollar and currencies anchored to the U.S. dollar comprise over 50 percent of this basket so the variation of the Chinese renminbi against the dollar has remained limited.
The U.S. dollar is dominant in international transactions and financial markets
The international role of a currency can also be measured by its usage as a medium of exchange. The dominance of the dollar internationally has been highlighted in several recent studies of the currency composition of global trade and international financial transactions. The U.S. dollar is overwhelmingly the world's most frequently used currency in global trade.5 An estimate of the U.S. dollar share of global trade invoices is shown in Figure 5. Over the period 1999-2019, the dollar accounted for 96 percent of trade invoicing in the Americas, 74 percent in the Asia-Pacific region, and 79 percent in the rest of the world. The only exception is Europe, where the euro is dominant with 66 percent.6
In part because of its dominant role as a medium of exchange, the U.S. dollar is also the dominant currency in international banking. As shown in Figure 6, about 60 percent of international and foreign currency claims (primarily loans) and liabilities (primarily deposits) are denominated in U.S. dollars. This share has remained relatively stable since 2000 and is well above that for the euro (about 20 percent).
Figure 6. Share of international and foreign currency banking claims and liabilities
6a. Claims
6b. Liabilities
Note: Share of banking claims and liabilities across national borders or denominated in a foreign currency. Banking claims and liabilities are defined as loans and deposits only, including repurchase agreements. Excludes claims on and liabilities to related banking offices and central banks. Also excludes intra-euro area cross-border claims and liabilities. At current exchange rates. Data are annual and extend from 1999 through 2022. Legend entries appear in graph order from top to bottom.
Source: BIS locational banking statistics; Board staff calculations.
Accessible version
"The International Role of the U.S. Dollar" Post-COVID Edition
The Federal Reserve Board of Governors in Washington DC.www.federalreserve.gov
You're committed to the system. Ok breh.
Have fun.
Mister Terrific
It’s in the name
Yeah. It’s called capitalism and free trade. And that has what to do with the 2 largest lithium deposits in world being found in the United States and the U.S. being a net energy exporter with trillions of dollars in natural resources and like 9 of the 10 richest companies in the world. US gonna collapse. Yeah Microsoft, Nvidia, and intel are strugglingThat mine is owned by the Chinese you idiot
“The mine is a project of Lithium Nevada, LLC - a wholly owned subsidiary of Lithium Americas Corp, whose largest shareholder is the world's largest lithium mining company, Chinese Ganfeng Lithium.”
You don’t like it Moscow and Mecca are that away
The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP).
Financial position of the United States - Wikipedia
en.m.wikipedia.org
Saying the US has debt is like saying Elon Musk or Bill Gates have “debt”
IDK the govt an IRS told me having debt is bad...
but the country literally trillions in debt is ok...
Mister Terrific
It’s in the name
Debt isn’t bad if you have assets to leverage it against and the majority of US debt is to itself.IDK the govt an IRS told me having debt is bad...
Which wars are you talking about?
what's the source of this?IDK the govt an IRS told me having debt is bad...
When did the IRS and Government say debt itself is bad?