Forex Forum Archive for 11/27/2022

Mtl JP 23:30 GMT November 27, 2022
mkt



3.1760
ba-dum-bum-CHING
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as one GAP closes another opens

dc CB 20:04 GMT November 27, 2022
Cracks?????
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Top European officials are furious with Joe Biden’s administration and now accuse the Americans of making a fortune from the war, while EU countries suffer.

“The fact is, if you look at it soberly, the country that is most profiting from this war is the U.S. because they are selling more gas and at higher prices, and because they are selling more weapons,” one senior official told POLITICO.

The explosive comments — backed in public and private by officials, diplomats and ministers elsewhere — follow mounting anger in Europe over American subsidies that threaten to wreck European industry.

Politico---Europe accuses US of profiting from war

dc CB 19:52 GMT November 27, 2022
EVs to be Taxed
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UK's finance minister said EVs will no longer be exempt from road tax from 2025.

EVs will no longer be exempt from vehicle excise duty, Hunt said during Thursday’s Autumn Statement as he unveiled a series of tax rises and spending cuts designed to plug a 55-billion-pound ($65-billion) hole in Britain’s public finances.

The Chancellor of the Exchequer said that EVs will still have lower company car tax rates and the government will limit rate increases to one percentage point a year for three years from 2025.
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SEE below thread - Corporate Weed------ """"
Politicians continue to pile on taxes as if they have no impact on pricing and demand. It just seems like free money if you ignore every economic metric and principle. Even with a recent recognition that they have killed their own market...................."""""

owners to pay road tax in UK from 2025

dc CB 19:45 GMT November 27, 2022
Corporate Weed

fwiw. while some here were discussing what Pot Stocks to buy to front run the push for legalization, I pointed out that the permission to 'grow your own plants' would destroy the potential for riches.
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California's illegal pot business is booming

"We spent a century making cannabis illegal and driving people into an illicit market. Then it is legalized, but the tax rates are too high. It's just a simple cost analysis," said Schweich. "People can purchase cannabis for cheaper than going to a regulated licensed business because the tax rate is too high. So when you have a state that allows cannabis possession and home cultivation, versus a long list of states that don't, it follows that people may take advantage of that policy, grow more than they should and bring it to states where it's illegal."


This a a comment posted below this news story:
23 November, 2022

***I live in a rural county in the Sierras and we are allowed to grow six plants legally. Each plant yields approximately 1.5 pounds. That's way more than I can smoke so I give away the surplus to friends. It's a win win for everyone. Except for the Governor.

Fox News LA

PAR 09:55 GMT November 27, 2022
BLACK FRIDAY IN TIMES OF INFLATION
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In the face of higher prices and inflation, consumers opted for more flexible payment methods like Buy Now Pay Later—orders soared 78% this week compared to the previous one.

PAR 07:36 GMT November 27, 2022
CHINA - USA
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One step to far.


If USA bans Huawei and ZTE, CHINA will ban Apple and Tesla.

Biden can no longer think clearly.

dc CB 02:14 GMT November 27, 2022
Sam Bankman-Fried

PAR 19:18 GMT 11/24/2022
Money laundering and tax crimes seem to be no problem
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Nancy Pelosi Stock Tracker
Breaking: 8 Congress Members tried to stop the SEC from inquiring into FTX by questioning the SEC's authority to inquire about Crypto

5 of those 8 members also received campaign donations from FTX, ranging from $2,900 to $11,60

Of the 8 Congress Members, 4 were Democrats and 4 were Republicans

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