TRUMP SAYS: HUNTER MAKES FORTUNE FROM SHADY DEALS!
BIDEN FAMILY STINKS TO HIGH HEAVENS OF CORRUPTION!
DON'T GET LEFT OUT: HUNTER MUST BE STOPPED!
Over the years I’ve heard the cries of “Economic Collapse Ahead!” more times then I care to remember. I’m sure you have as well. Ever since the crash of 2007-2008, it seems like nearly every internet voice has claimed at one time or another, that we are headed for an apocalyptic market correction (and just around the corner too!). This of course, is not without merit.
You’d be a fool to think that we’re on a sustainable course. It has come down to a matter of simple arithmetic. From federal and municipal debt, to stock market and housing speculation; from personal credit to student loan debt, we’re in heaps of trouble. We can project how much society as a whole will earn in the future, deduct how much we owe, and how much we will owe, and see that none of this will ever be paid for. At this point there is a 100% probability that the system will crash. The only question left to ask is, when?
And therein lies the problem. Those of us who have been calling it like it is, and speaking of this in terms of inevitability, must look like “chicken little’s” by now. Most people view the world through a very short term window. It’s been six years since the crash of 2008, and the average person will have tuned out the warnings by now. They don’t understand this one fundamental rule when it comes to predicting economics and geopolitical events-it is shockingly easy to predict the fall of any given system. It’s near impossible to predict when it will fall.
In addition, there is another outcome that many of us have failed to recognize. What if the system doesn’t fail so decisively? What if there isn’t a dramatic collapse like we saw during the Great Depression? While there have been many economic bubbles throughout history, and we are no doubt in a pretty serious bubble as we speak, the nature of this debt cycle is fundamentally different than in past decades.
Recently, strategists for Deutsche Bank released a startling study in regards to government debt. They decided to investigate whether or not the bond market is currently in a bubble. What they found was, unlike previous eras, the past 20 years has seen no lag between economic booms and busts:
It has long been our view that over the last couple of decades the global economy has rolled from bubble to bubble with excesses never fully being allowed to unravel. Instead aggressive policy responses have encouraged them to roll into new bubbles.
This has arguably kept the modern financial system as we know it a going concern. Clearly there have always been bubbles formed through history but has there been a period like the last 20 years where the bursting of one bubble has consistently led directly to the formation of the next?
Essentially, our current system has been dying a very slow death. It’s running out of steam. Not only has there been no recovery since the crash of 2008, there has been no recovery for over 20 years. Each economic bubble has been fueled from the remains of the previous speculative mania. Our whole economy has been running like a drunken frat boy, desperate to keep drinking to put off the inevitable hangover. However, the hangover is frighteningly near:
What we found was that bonds are where the bubble has migrated to. This is not to say that the bond market bubble is about to burst — far from it — but that it is a necessary condition for maintaining the debt ladened financial system that has been the by-product of major crisis management over the last two decades. The worry is that there is nowhere left for this bubble to go given that it is now in the hands of the lenders of last resort (governments and central banks with regulators ensuring other large captive buyers).
Although we think this bubble needs to be maintained to ensure the solvency of the current financial system, the best case scenario is that it slowly pops over time via negative real returns for bondholders. The worst case scenario being future restructuring.
This is why for all these years, we’ve heard the cries of “economic collapse ahead” but have never seen it come to fruition. They’ve always figured out a way to shift the bubble to different markets before it all came crashing down. Who knows? Maybe they’ll pull it off again, but I’m not holding my breath. The bubble has finally landed on the lender of last resort. The debt has no nowhere else to go.
They’re out of bullets. The frat boy has had his last drink and the county is dry. I know without a shadow of a doubt that our economy, and by extension our whole society is ready to collapse. And it will.
Just don’t ask me when.
Delivered by The Daily Sheeple
Contributed by Joshua Krause of The Daily Sheeple.
Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .
It Took 22 Years to Get to This Point
This article was originally published by Michael Snyder at The Economic Collapse Blog. When one...
This article was originally published by Lance D. Johnson at Natural News under the title:...
The mainstream media has started reporting that the bird flu "luck" has "run out" for the United...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
Well it can’t be long…or can it?!
Everyday it keeps going is another day to prepare!
Joshua Krause says:
“It has come down to a matter of simple arithmetic.”
Keynesians dismiss “simple arithmetic” like they dismiss gold as a “barbarous relic.”
For the Keynesians, prosperity flows from the end of a fiat printing press, and arithmetic is what they say it is.
Debt is not a problem they say. After all, “we owe it to ourselves.”
The balance sheet? No worries. We’ve got it all under control (Homeland Security).
common core standards
I just added a porta-potty and a shitload of plastic bags and enzyme packets to my preps. I should be able to shit in a fairly hygienic manner for about a year, if I need to.
That covered one of the gaps in my preps…2 more to go.
Now you mail Birthday gifts to all your favorite Congressmen.
🙂
I don’t want to see a crash. Too many people will be hurt by it. I would LOVE to see the scumbags who manipulate and profit from this created mess suffer for their actions though. Too many consider the collapse to be like the prettiest girl in school telling all the drooling boys that one day she is going to lose her virginity. They all think it’s going to be great because it’s going to be with them. Good for one, bad for most.
I agree. However, the global puppet masters NEVER suffer. They engineer it so that never happens. Thus collapse will only hurt us ordinary people even worse than we are today. I know it has to happen. I know that the numbers don’t lie. I don’t look forward to it though. I dread it. I just don’t have enough income to prepare for what’s to come. For all I know it will see me homeless in the end. No thanks. I’d rather muddle through with my beat down cars that I know how to repair, my small house in a failing neighborhood, and my 50 inch flat screen TV. It’s better than an AK-47 and a tent in the woods!
Concur. If only there wasn’t a system by which We the People could make our voices heard and enforce the rules of acceptable behavior upon those who wish to rape and despoil our Republic……
Sixpack, Just use grocery plastic bags as liners in the 5 gal bucket, and dispose of every time you go. Have a good hole or trench away from any water well to dump it and bury it. Stock up heavy on toilet paper. It will be an amazing barter item. Those little Lug-a-loo toilet seats snap right on the bucket.
We got that lid and buy more toilet paper each and every time we go to the store for anything. We may be sufficiently far out of town that we can rebuild the outhouse that was here in the 1930s. The well sits about 300 feet away from the site which I assume is far enough. The original owners didn’t appear to suffer from cholera or typhoid. I can’t imagine that it will be a pleasant experience with all the spiders and hornets and ice and snow, but an outhouse would be preferable to a bucket, especially trying to use it with creaky knees. Any ideas?
Vicky…. My plans are the snap lid on a bucket, saving grocery bags, but also commodes. I have one from when my father was elderly. And gathered another after a hospitalization of my mother. I also plan to build an outhouse. The commodes are an investment of $150 approx unless Medicare or other insurance will cover.
Sixpack, Just use grocery plastic bags as liners in the 5 gal bucket, and dispose of every time you go. Have a good hole or trench away from any water well to dump it and bury it. Stock up heavy on toilet paper. It will be an amazing barter item. Those little Lug-a-loo toilet seats snap right on the bucket.
6pack and vicky– my plan is to build a solar one-holer.. kinda similar to a regular one-holer but with a window to heat your left-overs until they’re nothing but a dirt clod. take them out from under the glass and dispose.. just not in the garden. remember to have a vent pipe so’s not to pass out from the methane. Seriously, tho, this is the cat’s behind when dealing with left-overs. Use a good soft cloth to finish the job and wash with soap and water… soap is easily made with oils, milk and oak ashes.
As I have mentioned here before, a 10% to 20% correction in the markets could mitigate a dramatic Crash and allow the economy to continue along like it has been, for some time; maybe another year.
Government debt to GDP is well within historical norms and declining. The Black Swan is private debt to GDP which has now exceeded 150%.
Typically, private debt to GDP has been within the parameters of 150-175% of GDP prior to a Crash, so while the Crash could come tomorrow, next week, or next month; I would bet the gangster banksters want US in wwwaaayyy over our heads first.
The NWO can be eliminated overnight and at 500 yards. 🙂
FYI: Private debt to GDP in China is over 200%. It won’t be long now. 🙁
The durango kidd says:
“Government debt to GDP is well within historical norms and declining. The Black Swan is private debt to GDP which has now exceeded 150%.”
According to the St. Louis Fed; private debt to GDP for United States at the end of the first quarter 2014 stood at 80.6%. This is nowhere near the 150% + figure the durango kidd claims. One can easily look up the numbers.
Total United States credit market debt-including business, household, financial and government went from its historic ratio of 1.5X GDP to 3.5X in 2007. It remains there to this day.
The “public” is tapped out, and is deleveraging. The “government” on the other hand has a printing press. If you believe the “government” has it’s debt under control, and “private” debt to be the problem, I’ve got some ocean front property in Arizona I’d like to sell you. I even hear there’s a mortgage banker in Scottsdale who can help you.
YMWW: Yes the public is tapped out, so they are buying on credit again, which is why auto sales are at record levels (17.5 million units) this year.
BTW I have been in mining since 2000, and I was a commercial mortgage broker before that and worked in the secondary market. That was where the money was at, so that is where I was at. I sold One Hundred Million Dollars in multi-family apartment loans to Wall Street and moved into mining.
Now I am into precious metals and have been for some time. And you??? 🙂
@dk; The gubment says the debt to GDP ratio, by their own figures, is more like %120. Also the August, YTD figures, of private debt, don’t know about any other, is that personal debt is declining, in spite of car sales. This decline is only “slight” but nonetheless a decline. The only figures about China are from “China”…so who really knows. Retired, so I don’t care about mining or mortgage brokers. The public is tapped out, as you say, but they aren’t buying…they don’t have the credit! I own everything, have money and “money” in a “hole in the ground” and live in the country and grow everything. I agree, the economy is going in the crapper. Let’er rip. It will come before Christmas 2015. Be well.
Tripod: There is Govt Debt to GDP and there is Private Debt to GDP. The last time I looked at Govt Debt to GDP it was about 110%. During WWII G Debt to GDP was 125%.
It is also declining based upon charts I have seen at Business Insider. 🙂
Business Insider???
LMFAO… rolling on the ground!
The durango kidd is clearly an establishment tool!
The NWO could be eliminated over night with just a few keystrokes as well.
As I understand it, when all of the NWO globalist meet for their big decision-making ordeals, they choose a SECLUDED hotel. They also clear out all of the other innocents, er, I mean guests, and are there all by themselves…
One well place ICBM could wash all of our elitist problems into the nearest gully… what a refreshing thought.
To bad it wasn’t the Bates Motel.
Or the Roach Motel — The check in, but they don’t check out…
Or the Stanley Hotel.
Yes, but with the collateral damage of the people who run the hotel, the security details and any small town that happens to be in the area. Worth it in the end? Maybe. However I wouldn’t want the blood of those innocents on my hands either. Perhaps that’s why I would make a bad elite banker. I actually give a damn about the average person.
The NWO could be eliminated over night if you eliminate “Central Banking.”
Except that they also control the means of production. It’s about more than just banking. Eliminate central banking and they will use their resources to enslave the populace some other way.
Kula, The 99% out here should stop worrying about the treating the symptoms of corruption, and deal with the cancer head on. Amputation and incineration usually works for me.
Right, we owe it to ourselves. Hence slavery, right? If we owe it to someone else, nuke ’em, we don’t owe them squat anymore.
The institutions of war and slavery came from SOMEWHERE you know…
YMWW writes
“Keynesians dismiss ‘simple arithmetic like they dismiss gold as a barbarous relic”.
The term ‘barbarous relic’ could be applied to describe the majority of the members in the house and senate.
Of course the Government will deny default and claim everything is going great, because they get all the Tax Revenue, own the printing press and control the money supply, have the biggest guns, make all the laws, control the accounting, own the media, can assassinate anyone on a whim who complains. For the Government Life is Grand!!! And for the rest of us, they say, “Let them eat cake.” And I reply, Let the Government eat our LEAD!!
On September 22-2014 the Shanghai Gold Exchange will for the first time open it’s doors to the international market where,
1- They will sell Physical Gold and not paper gold unlike CME and London gold exchange.
2- The transaction is done in Yuan and not the US Dollar.
This means that one needs to exchange their currency to Yuan in the first place so that they can purchase the Gold ( for of course Physical delivery ) , and with that the Gold buyers around the world have to Dump their Dollars and Euroes , so that they could buy the metal.
3- This would also steadily becomes the point of correct price discovery.
So start to kiss and good bye the decades of Gold Manipulation by the Banksters.
The game is over and if you are not ready, you would learn it the hard way.
China wouldn’t be, has been any better than the CME. Can you say “re-hypothecate that aluminum again!”. 🙁
LOL!
The Durango Kidd is on record claiming rehypothecation is a legitimate banking function!!
Hey DK… Remember Jon Corzine???
YMWW: Rehypocation is a legitimate financial action when it is done ONCE in accordance with the investment agreement. Any more than that IS criminal.
It is known that the Chinese have rehypothecated base metals, like aluminum, MULTIPLE times. That investigation is continuing and may include silver and gold. In that regard, the Chinese are far worse than Corzine.
With respect to Corzine and his rehypocation of customer assets placed with him, the investors agreed to re-hypocation of their assets for the PRIVILEGE of investing their funds with him, and its in writing.
These customers were primarily sophisticated hedge fund managers and their hedge funds seeking to leverage their money 40 times. Leverage works cuts ways. Corine thought his cronies at JP Morgan Chase would cover his ass. They didn’t.
WRONG AGAIN!!! 🙂
Agreed, digger. I may just pick up a few more #10 cans today.
I have been.saying since 2011 that it’s gonna be at least another 5-8 years and I was laughed at
You aren’t vindicated, then, until 2016. Don’t gloat yet.
PM prices are through the floor. Time to back the truck up and fill it with junk silver! LOL
This story again?
Regarding buying gold and silver…
How To Test For Fake Gold And Silver
“Many precious metals investors like the idea of physical bullion because, unlike paper money, it is difficult to counterfeit.
That said, when there is a will, there is a way. In recent years, there have been extremely concerning cases of gold counterfeit, and investors that are not fully prepared can get duped.”
“Know and understand how the different tests for fake bullion work, and use them to verify that your gold or silver is real.”
*Helpful tips and video are included with a list of ways to test for fake gold or silver.
http://www.zerohedge.com/news/2014-09-11/how-test-fake-gold-and-silver
Don’t buy gold bars. Buy gold coins. I prefer Canadian Maple Leafs, 1/10 of an ounce.
In the book Surviving Economic Collapse in Argentina the best form of gold was jewelry chain as the gold was all considered 14k regardless if it was 24k coin. The links were both easily removable and small enough for everyday transactions.
@ Kevin2,
Hmmmm…Very interesting.
Hadn’t thought of that. Makes sense to me.
May have to start looking at junk(jewelry)gold.
The book was fantastic. Its wasn’t some Mad Max journal from someone dreaming it up but rather what happened in a country with a culture and to a great degree first world standard of living. Personally I think its a must read.
Don’t put the truck in gear yet. PM’s will likely go lower without a significant trigger to the upside.
That’s the bad news and the good news. Plan accordingly. 🙂
Better to buy while you can. It could suddenly go up. When gold is $4000 it won’t matter if you bought it at $1300 or $1200.
Gold will be back to $400 soon. Silver too under $10. The commodities bubble is already bursting. This is a bubble now, when $1 dollar controls $85 of a commodity. Once it drops like silver below $19, then come the margin calls, then capitulation and suicides follow.
WWHTI: The last I looked, which was yesterday, silver was below $19 an oz, somewhere in the $18 something. Yes it will go lower, no it will not go below $10 and gold will NEVER see $400 again.
Never. 🙂
Sorry don’t see that happening…but never say never…I didnt realize how much power the banksters had to drag it out this long!
BS
Billy Hill
BS its no way even close to hitting the floor as of 9/13/2014 its $ 18.50 per oz silver
its GOING to go even lower and after B Ovomit gets out it will go to way below $10.00
all this hype over PMs is just that hype
don’t waste your money on PMs but buy more food guns and ammo.
and watch for news after the mid term elections of ovomit looking to ban guns
its his last chance unless the dems regain both houses
a friend of mine in Homeland security has said at least 3 times BO is thinking of trying to ban all guns
possibly next year since its his 2nd to last year and he has nothing to lose
IF the repukelicans get Both houses then he will try by executive order but will most likely get stopped
skittle shittin unicorn
I am so tired of reading another opinion of our economy crashing. Rome took hundreds of years to crash once their voters started voting for politicians who gave them free chytttt. Perhaps it will be the same here, but then again, opinions are like a$$holes and everyone has one and they all stink……
There’s no way it goes for centuries or even decades or even 5 years. The petrodollar is dying. Any day now Saudi Arabia could announce they’re accepting other currencies besides dollars. When the petrodollar dies America suddenly becomes a third world country.
I can’t say it will crash tomorrow, because it probably won’t. However, the numbers don’t lie and it has to happen within the next few years. I hope it doesn’t but I am not about to go on thinking life will carry on as before.
Joshua Krause: Our Bubble Economy Is On Its Last Gasp: “There Is A 100% Probability That The System Will Crash”
Joshua Krause: “Just don’t ask me when“
Put yourself in Obama’s place. Do I want the collapse in the next 2 years during my watch? Or do I want to kick the can so that it happens on a future president’s term?
If it happens on my watch, then I can declare martial law, suspend elections, and I will rule as President past 2016 or until I deem that the country is ready for elections again.
Or do I, Obama, do everything I can to prevent a catastrophic collapse so that my era as President doesn’t go down in history as being the absolute worst Presidency ever?
Which would you do, if you were in Obama’s head?
Resign immediately and hit the links.
Like everyone jumping on his ass as soon as he got elected he wants it to come apart as soon as he turns over the reins to someone else, and he would prefer it be a republican
If so, the Republican should do what Obama did to Bush: “It’s my predecessor’s fault.”
GOP president caught holding a bag of exploding POS: “Hey! Not my fault! This is Obama’s fault, dammit!”
Liberal Meanstream Media: “No, no! Happened on your term, your fault.”
GOP President: “The hell! When Obama was President, he always would say “Bush’s fault” and you guys agreed. Why can’t I do the same thing? Especially since it’s true and it really is Obama’s fault!”
Liberal Meanstream Media: “Because we don’t like you. You’re not a lib. You’re a hater!”
GOP President: “I’m a RINO!! RINO’s are not haters!”
Liberal Meanstream Media: “Too bad. It’s your fault and we’re taking you down.”
GOP President: “Eff me.”
You do realize that’s how they keep the system going right? You elect the Republicrat, he does bad and everyone gets mad at him. So they elect the Democan on the grounds that he’s the opposite. He fails too, and the cycle begins again. Most people have short memories it seems.
So far it has been Democrats to enact sweeping social agenda and the Republicans to wage war. The cycle will end when people wake up and realize the game is rigged.
Yup. Both parties are herding us like a cattle pen. The sheep go to one side and can’t move then to the other and still the same result, all the while moving forward into the slaughterhouse of history.
Baaa!
Truthisall, etc: This is why I learned voting was a crock of BS back in the mid 80’s. Elders told me it was corrupt in the 70’s. I haven’t seen a voting booth since, neither has hubby and several friends. Rigged and phony circus, lying scum politicians a waste of my time.
At this point it doesnt even matter what POS politician gets elected to ANY office,
THEY ARE ALL CROOKED AND FULL OF SHIT!!!
Repub, dem, other? Doesnt matter, the fact of the matter is unfortunately that the whole damn thing is out of wack!
Thats why IMHO the only way to rite this ship is purge and reset,
Term limits,
No more full time benefits
No more MONEY in politics
You serve one term your done for 15 years
You get paid while in office, thats it!
All laws need to pass a constitutional screen
Supreme court ditched and started over, no more appointments by politicians
Department heads are just that, the head and are just an employee, congress to review performance and evaluate yearly
I can go on but you get the idea,
What we have now
IS PURE BULLSHIT!
Kula-
…and a total ban on “dual-citizens” serving in govt..at ANY LEVEL!!!
Thumbs up to ya!
Hunter: Yes good point. Also zero Positions of Trust and/Or positions that are monetary control related.
And Any Dual Citizen who believes that as long as they once per year recite a “prayer” they call the “Kol Nidre” at Yom Kipper day, it forgives and fully totally absolves them of ALL Oaths and promices Taken and made, if taken or made for or to Goyims.
We need exact Same controls as Europeans did back aprox. 800 years ago, maybe even less than that long ago, which had similar rules and controls of whom is allowed into high trust and money wise positions. AKA, Polititions, those Appointed to high positions in govnt, Banks! universities/professor jobs and ALL Teaching jobs.
Just Basically all positions where we the people hold a high value on “TRUST” and “HONESTY” as a Pre-Requisite to proper performance that will Benifit Us folks aka The People.
Anybody that subscribes to a fabeled notion of recite a prayer once per year at a certain holy(only to Them) day, aka Their New Year’s day, and that recital now allows them to Swear to an Oath, such as Oath to serve and protect the US Const etc, or make promices to do right and obey laws same as the people have to do, yet they already have zero intentions to Keep said Oaths or promices due soley to that recited prayer Must be Verbotten totally period. It worked very swell back when enforced in european nations, and should work as swell Here when done and enforced fully.
For such persons cannot Ever be counted upon to remain 100% loyal to This usa nation, nor to remain faithfull to said major Oath taken…And this major issue is Precicely why we keep seeing various swindlers such as Diane Finestien, Chuck Schumer, Bloomberg, and 90% or more of Every TV news shows hosts and talker heads loyalties to another bandit nation reflected Daily in their every way, spoken words, promoted agendas.
The very same also should apply to ALL Others who may maintain a Dual Citizenship with other nations, be it a euro nation, or mexico or other south american nations citizenship’s…Nobody with Two or more citizenships can ever be fully trusted to remain 100% Loyal to Just one single of their national citizenships. And past as well as recent history and agendas or events has proved this solidly to be factual truth…we keep seeing Dual citizens in High power positians, Turn against America in Favor of their Other nation which holds sway and holds their true loyalty when they must choose between nations.
One group in particular holds the trophy for most often abused usa citizenship, and its a direct consequence of them reciting their Kol Nidre prayer at their “new Years” holy day aka their Yom Kipper holy day. None has more abused dual citizenship like they have. This Must END!
Kula, what difference does it make.Demo,Rep. One and the same
Makes absolutely NO difference, see above post
O’Bummer doesn’t have any control over the economy. The economy is managed by the FED. The Crash will come when the big banks pull the trigger.
But since this guy is as hated as GWB, or Carter, or Nixon, or Johnson, he is as good a stooge as any we have had, to pin it all on.
The Buck stops at the President’s desk, but that dollar is a Federal Reserve Note. 🙁
The durango kidd says:
“The Buck stops at the President’s desk, but that dollar is a Federal Reserve Note.”
What is the definition of a “dollar” DK???
YMWW: The dollar is defined in the US Constitution. Read it. Which is why I noted that the dollar that stops at the President’s desk is a Federal Reserve Note.
Brandon, you will get an education in time if you just keep asking questions; but it would be better to get a degree and some real world experience in the industry. 🙂
More like cloudy with a chance of meatballs. Every new headline heralds TEOTWAWKI, and every week it’s the same outcome-nothing-same game, just another day. Time to rent a condo on the beach because I’ve got to rest up for my next vacation cruise. I’ll check in after the beach trip in Florida to make sure the rest of the country didn’t implode. Stay thirsty my friends!
We are not at the last stop yet either. They still want to give us a bank holiday, and pull it out another time.
What little you have left, you need to put it in a credit union or a small local bank. No major or large banks.
Put it under YOUR OWN CONTROL…under the bed or in your sock drawer, it makes no difference. If you can’t hold it, you don’t own it.
@ sixpack : I would agree, but alot of us are now required to have direct deposit. That is why I would atleast recommend Credit union or small local bank. Once I get paid, write a few bills, take a couple dollars out cash, that leaves $20 – $30. They aint gonna get much from me anyways.
I would hang myself on the front lawn of the White House.
It’s pretty obvious. Obama’s goal is to destroy the country from within. That’s what the globalists want. Presidents who don’t follow orders end up like JFK.
Ever since he took power in 2008, myself and others I know have been reading and writing he is taking us down. Perhaps you can add in a bit of ineptitude into your hypothesis…… Maybe he is more of a moron than we suspect and can’t figure out how to get it done. Let’s add it up:
He spent us into oblivion )$7 trillion and counting)…… STILL ALIVE
His Keynesian stimulus was merely payback to liberal democrat voters adding virtually NOTHING to bring back the economy….. STILL ALIVE
Despite a 65% disapproval, he and his democrat led House and Senate passed the obamacare debacle thus throwing 1/6 of our economy (healthcare) into turmoil…… STILL ALIVE
He killed full time employment with benefits and replaced it with part time employment with nothing (killing the middle class)……. STILL ALIVE
He has issued over 100 major regulations to corporate America that has a direct cost of $11 billion in implementation and more than $46 billion each year (Heritage Foundation)…… STILL ALIVE
Allowed the United States to become the highest corporate tax nation in the developed world…… STILL ALIVE
Created the “Buffett Rule,” which would discourage U.S. investment, thus killing off investments within the United States……. STILL ALIVE
I believe we all agree that our US economy will crash and the only debate is “when”. We all have read countless articles and blogs stating it will crash. For me, it’s to the point I do not want to read any more of them. Either get rid of the turd(s) trying to do it, or simply get it over with and move on…..
The bankers have kept this economy afloat through their crooked rigging & manipulation & I expect them to keep it going for some time to come. They are rapping the taxpayers 6 ways from Sunday & the public doesnt care & the politicians dont care so why should they look a gift horse in the mouth.
Until someone starts a war that takes out the bankers nothing is going to change.
The same folks who brought you the last Depression are bringing you this one.Trouble is far to many folks are going LA lalalalalalalala & dont want to WTFU to what is relay going on .
BUT I can guarantee you that when TSHTF they will be the first to say “IF only I had known” when they wake up to the scam the Fed -BIS & the US government have pulled on them
There are still too many non-globalists out there, who still have some stealable assets left. Once they are impoverished, THEN TEOTWAWKI can happen.
Its all planned and orchestrated, when THEY are ready that’s when they pull the plug. There is no such thing as Democrat, libertarian or republican nor is Russia the bad guy and the U.S is good or vice versa. It is all controlled opposition to their goal of global governance. ONLY divine intervention will stop this machine
Divine intervention, or a pissed off world populace that is tired of always coming in last…
Speaking of solar, here is a must have item for your BOB and car and home.. screw rubbing stix together, get a life and just use this it’s under 4 bux! I have several and they are cool as hell! http://www.ebay.com/itm/Solar-Cigarette-Cigars-Tobacco-Lighter-Camping-Waterproof-Windproof-Lighters-New-/371110445396?pt=LH_DefaultDomain_0&hash=item5667e80154
Heck, I buy 20 at a time and sell them at work for 7 bux each and make free lunch money 🙂
I think God is getting ready to hand the world over to Satan. Billions could die before the Great Tribulation even starts.
Such bs.
All is well.
People will continue to be born, they will need food.
That means a farmer is NOT going to lose his farm..he’s put in irrigation, have backup seeds and a backup silo and so on.
People get sick and need meds.
You guys are a bunch of wack jobs…. This prepper shit….
I’m leaving all you guys in the dust…creating a new global web venture, just got a 5 figure raise….. new car I paid cash for.
The sky is not falling…it’s just being sprayed with chemtrail shit.
That I’ll grant you.
Go to the library and read a book…learn a new trade.
That is real prepping… proactive.
I believe it started this spring and will take another step up each season until we reach next autumn when it will be at fever pitch. Make the most of every opportunity.
The economy can’t crash! The Apple web site went down this morning because there were so many people trying to buy the new iphones!
Apparently, we all still have hundreds of dollars to spend every time a new phone comes out.
This is going to be a disaster when it finally cracks. But at least people will be able to take selfies as the world around them collapses.
Anonymous Hope they saved their old apples that way
they have something to eat when it does.
no money, but credit’s still good. why not use it, i’ll never repay it anyhow.
Actually Anon,do see burning a credit card(s)to the max not such a bad idea if one short on supplies/goods ect.We as a society were forced to invest in the ss scheme that is being drained dry/bailout the banks/insurance companies/auto makers ect.due to the joy of crony capitalism,a little payback not such a bad thing.The card companies ect.will threaten you with ruined credit ect.,then after declaring bankruptcy will offer you new cards as one cannot declare bankruptcy for another 7 years.
Pretty much. I actually advised a friend of mine to do just that. He was in a lot of debt due to a serious accident and would never have been able to repay it in 7 years. No one would give him any credit either, despite having a stellar credit rating. So, I told him to default and pay off the creditors for pennies on the dollar when they came up with their settlement offers. It’s a crappy thing to do, but when faced with extortionate interest rates it made sense. Within 2-3 years it is likely he will be able to use credit again at a reasonable interest rate.
If I find myself in a crappy situation like a job loss that can’t easily be replaced (thanks, Obamacare!) I’ll back the truck up and buy food and other supplies to live off of with it, then default. The way I see it, I’m paying for it anyways because the freshly printed money that recapitalized the banks came out of my pocket in the form of inflation. I probably shouldn’t think this way because of my Faith, but I’m tired of being taken advantage of.
Only if they are able to afford the power to keep it going
You are right, but how many of those phones purchases were on a credit card? I’m guessing between 85 to 90%.
What we have here has been in the works since 1918 ,
The last World War set the agenda for the last 70 years , We experienced the prosperity we had post war due to the SIMPLE FACT. Most of the world lay in ruins ( Europe , Asia) the people had their industrial capacity totally destroyed . We were blessed by having 2 oceans separating us from the theaters of war , our industrial capacity was never threatened by aerial bombardment.
America’s industry centers remained intact . WE EXPERIENCED OUR PEAK POSPERITY due to the fact the war torn regions of the globe simply had no where else to go for consumer items.
We were the only country capable of modern production to emerge unscathed from the war.
In the 1950’s and early 1960’s we were at our peak , in the the 1970’s things started to change
Those countries destroyed by war had completed rebuilding their countries and economies .
Their factories were rebuilt from the ground up with technology of the 1970’s , where we were still producing consumer item with factories stuck in 1930’s and 1940’s technologies. The inefficiency became greater when the energy embargoes occured in the 1970’s further putting stain on our system. Most of the trouble occured as a mixture of bad political policy and the rest of the world that had recovered from the second world war . This instability cascaded through our society
causing multiple recessions with each being more severe than the last. We simply were not the only source of consumer products as in the past , we could not compete with countries whose standard of living was less than ours . We could not produce a product at the same price point to be competeive business off shored most of the production to reduce labor costs , the cost of this was a loss of higher paying jobs , work declined society suffered this was just the beginning of the end .
In the end most larger commercial enterprises ( heavy industry , Steel ) left the US for foreign locals with less regulation , work became limited to service style ( engineering , intellectual property employment) and entry level support jobs that did not pay the same as the manufacturing jobs. ONCE you loose a capability it takes five time as long to get it back , as an example the one most thing that we produce brilliantly is Aerospace , can you image attempting to build a space shuttle from scratch today? we threw the most singular ticket to the future away all the technology gained and inspiration that made us what we are.
We are in Deep Doo Doo our government no longer represents us , half the country is on some form of public assistance , crime , drug use is skyrocketing and sniveling bureaucrats working overtime to justify their existence creating ill defined legislation to gather votes to enable them to remain riding the gravy train at our expense.
When it all falls to ashes their constituents ( free sh*t army) are going to eat them TPTB are going to get a just deserved jury of their peers. we cannot stop what is about to transpire we can only survive it, this perfect storm of time , political events and societial upheaval .
IT IS UP US TO REBUILD , ENDURE, IMPROVISE ADAPT AND OVERCOME
IT’S COMING BE READY
DO NOT FEAR THE NIGHT FEAR WHAT HUNTS IN THE NIGHT
Semper Fi 8541
working folk (tax payers) be damned.
As long as the printing press dont break there will be no collapse.
They will just keep printing into QE bazillion.
You got it.
hammerhead says:
“As long as the printing press don’t break there will be no collapse. They will just keep printing.”
No, they can’t just “keep printing.”
Think about it! What happens if they print from here to infinity and beyond???
The Keynesians have printed themselves into a box.
There choices now are:
1. Hyperinflation (printing).
Or
2. Collapse/Reset (the repudiation of Keynesian Economics).
In the end, it’s Reset, because #1 leads to #2 anyway.
Note: Cue Homeland Security.
Off with heads. Imagine if the Fed just sent every house in America $10K to help stimulate the economy. Or people could get their businesses open. Pay off credit cards. Buy food. Pay off their cars. That would pull this entire country out of the hole. But keep dreaming
These fricken thief criminals running the Big Show don’t give a damn about any of us.
YMWW: The FED is not “printing” and if printing in and of itself could lead to hyperinflation in the USA, we would have had it by now. Those extra dollars must reach the consumer and the consumer must be willing to spend them. The answer to both requirements is “no”.
That is what is different this time.
The FED has been, primarily, replacing the losses of its Member Banks by buying their bad debt, and bolstering their balance sheets with the excess dollars.
The normal business cycle every four or five years will destroy many of the “extra” dollars in circulation now, as it does, as it HAS, every business cycle.
Your theory that there must be either Hyperinflation or Collapse of the system is erroneous (wrong again!)and is NOT supported by the history of business cycles within the economy of the United States.
WE are different and your premise is WRONG!!! 🙂
And that’s why there’s no velocity because it(digital cash)is parked in the banks and not being lent.
Yep, “parked in the banks” .
Round here the banks are much to busy buying eachother out to bother with lending.
I keep switching to the smallest local bank , and damn if they dont sellout within a years time to a larger bank.
Time for a credit union instead .
The extra dollars ARE reaching the consumer. Inflation is accelerating even as money velocity continues to decline.
You are correct that the extra dollars are reaching the consumer. The EBT cards / entitlements and defense spending are paid to a great degree with fiat money. Forty Five billion / month makes it into the consumer this way. Wall Street is fueled by it raising the price of stocks. Stocks are sold, value converted to purchasing power, prices rise as it is divorced from productivity.
The durango kidd says:
“Your theory that there must be either Hyperinflation or Collapse of the system is erroneous (wrong again!)”
That’s what the Establishment says.
“Nothing to see here… move along!”
YMWW: No, that is what YOU say. Read your comment again! 🙂
Read up on hyperinflation and it’s causes. It is a loss in confidence in the currency that leads to increasing velocity and a reduction in perceived value. The cycle repeats itself over and over again until the money is no longer accepted for trade. Without all of those things there can be no hyperinflation. You can, however, have high inflation. Remember: Hyperinflation is defined as a MINIMUM 50% rate of inflation per month. In the US, you would be hard pressed to find any single item that goes a year with that rate of inflation.
You also have to remember the role of the Dollar in world trade, not just in oil but in other things as well. Even if other currencies are accepted by the house of Saud, it is likely that Dollars will still be accepted as well. Thus you would see a multi-polar world developing with several currencies of account being widely accepted. Too many nations hold USD as part of their sovereign wealth to abandon it very quickly. They would be shooting themselves in the foot. This doesn’t mean I think things will continue to go on as they have since Bretton Woods. They won’t. However, it is likely we will see the Chinese Renminbi and Euro take a larger role in the global economy commensurate with the trading positions these nations/coalitions possess.
In many ways though, it is not beneficial to have the reserve currency, so I am not certain anyone else would really want it for themselves. After all, if you have the reserve currency then everyone else indexes their currency to yours in order to drive up manufacturing and trade. This is something the US is unable to do since it is always pegged at the top, most expensive position. This wasn’t a problem after WWII because the US was pretty much the only industrial power left standing. However, after that it became an increasingly bigger burden that was not lessened by all of the “free trade” nonsense that we were all sold on during the 80’s and 90’s.
About 70% of US money is overseas in the capacity of the reserve currency function. Let half of it not be needed and bam 35% increase in currency in the US as those dollars come home. This is the best case. Let the USD become a lower percentage of the global demand and its worse.
Inflation need not go hyper to be destructive. Let it reach 20% annually and just watch the labor strife. See the word UNION. Its coming back as workers feel compelled to organize. The aftermath will be far more reminiscent of the 1930s as opposed to the civil 1970s. Walter Reuther is up there saying, “Told you so”.
What may not be realized is that they don’t need printing presses, just computer entries. BOA comes to the counter needing 1,000,000,000 boom book entry for BOA.
The “printing press” is a metaphor Azrael.
They WILL continue to print because it is one of the fronts Ocommie and his pals are attacking on in order to destroy our country. They will increase printing if there are signs the rest of the world is no longer confident in the dollar. The sheeple will be told that by printing more dollars the worlds confidence will return because they will have more money to spend. To the average idiot that I have talked to they actually believe more dollars equals more money and will by into the scam hook line and sinker as always. After all they elected a congressman that thinks putting to many serviceman on Guam will cause the island to flip over. Are we awake yet?
Maddog, just to lighten your day…..
Some old cowboys were seated around a campfire out on the lonesome prairie and with the pride for which these men were famous, it was a night of bravado,rotgut whiskey, and many tall tales…..
Frank, the hand from Texas said “I must be the strongest, meanest, toughest cowboy there is. Why the other day a bull got loose in the corral. It had gored six men before I wrestled it to the ground by the horns with ny bare hands and I castrated that sucker with my teeth”.
Snake River Ben, from Idaho, couldn’t stand to be bested. “That’s nothing, I walked down the trail yesterday and a 15’diamondbacked rattler slid out from under a rock and made a move for me, I grabbed the bastard with my bare hands, bit off its head, and sucked the poison down in one gulp –didn’t even get a belly ache.”
Old Ruby Valley Tom. the cowboy from Nevada, remained silent, slowly stirring the campfire coals with his pecker.
POG, That was originally funny, I often wonder how far to go with my jokes, but you just busted the barrier…
Age and Treachery
This guy was lonely and so he decided life would be more fun if he had a pet. So he went to the pet store and told the owner that he wanted to buy an unusual pet. After some discussion he finally bought a centipede, (100 leg bug), which came in a little white box to use for his house.
He took the box home, found a good location for the box, and decided he would start off by taking his new pet to the bar for a drink. So he asked the centipede in the box, ‘Would you like to go to Frank’s place with me and have a beer?’ But there was no answer from his new pet. This bothered him a bit, but he waited a few minutes and then asked him again, ‘How about going to the bar and having a drink with me?’ But again there was no answer from his new friend and pet.
So he waited a few minutes more, thinking about the situation. He decided to ask him one more time. This time putting his face up against the centipede’s house and shouting, ‘Hey, in there! Would you like to go to Frank’s place and have a drink with me?
YOU ARE GOING TO LOVE THIS……
A little voice came out of the box: ‘I heard you the first time! I’m putting my f*cking shoes on!’
Eppe:
Love your jokes…
I had to wait a long time to find one that might get a chuckle out of you.
That’s right POG us Nevadans feel no pain.
Us Virginians quit stirring fires…they kept getting put out!
PO granny,You have benn around to damn long or you are full of chit.
Apparently she aced third grade grammar and spelling. In your case……well….
The Banksters and Rothschild’s if they so desried to, can simply announce that since most if not all former debt from WWII that other nations Owed to the USA-govnt for massive cash loans to keep that war going….Was declared to be Done and NO longer owed period…War debt’s were Forgiven totally then…Soooo, today it is fair play for banksters to now declare All usa national, all state and county and local govnt’s debts to be Forgiven totally.
And with that done by one single, Ms. Yellen Fed anouncement, the banksters could again start it ALL over from day one 1913 again….With USA and related local & state govnts etc Not oweing a single penney all at same time frame.
A real total Re set monetarily….in fact if they wanted to do so, could also declare ALL private persons and private buisness as totally debt free and a brand new start like its 1913 over agin…The entire usa Nation and all its people would be totally debt free…
Especially since many folks now know that what is today called Intrest is actually called Usury, and is not just biblically Forbidden, but is the worlds greatest swindle of all times!
And since all fed res related banksters, which is all of banks and bank owners today, have already earned a vast uncountable Profits from their practices of Usury swindles. If such was actually done tomorrow, not a single Trillionaire or Billionaire related to Banksterizim would be able to claim any loss.
With the family Rothchild at very Top of the Usury system swindlers, and all others beneath their family of scammer banksters, if we could ever know the true amounts profits they have made since it began in 1913….Most folks would never believe such huge vast fortunes can be made by a simply use of Usury aka intrest when compounded as banks do it.
Considering that every dollar Paid by usa taxpayers to Fed taxes, amounts to close to One Trillion dollars Paid to IRS yearly. And every April 15th deadline Paid check for fed taxes gets deposited at the New Your fed bank, into the Accounts of the FED Reserve, and its real and FEW personal owners, who remain annonamous since day one of 1913…
And considering that today and for some time now, that same small few banksters of the fed owners has the same usury intrest profiteering system in play within aprox 200 other nations besides the USA….Just how bad would a total Debt free world overnite harm those Few Trillionaires and Billionaires?…None at all!
They already Own the world or very close to it…So a declaration to end all nations debt, and maybe even all personal private debt would re start the whole show and harm NOBODY from top Banksters crowds down to tinyest smallest nobody Peons across the nation or even the whole words people as debt free overnite…
And a Show re start will fit perfectly with their slogan of..”The SHOAH Must go On!” and next to that Shoah, usury banksterizm has probobly been the biggest scam swindle of all time bar none, except of course their Shoah scam.
Put your bong away Condor.
AmericaWILLbestopped… Do you the TRUTH?
America WILL be stopped.
That’s for certain.
Whether from outside, or if the American people honour their founding fathers, from the inside, but one way or another, the cancer of the planet, America, WILL be stopped.
After that, the remaining GOOD PEOPLE OF AMERICA will restore their once proud country, and return her, welcomely, to the family of nations of Earth.
Sounds good Condor, but you need to understand a little more about how the current fiat system works.
Every debt that is retired or forgiven also removes an asset from the ledger on the opposite side of the bank’s books. Whenever debt is destroyed it destroys the same amount of profit.
The FRN monetary system works by loaning money into existence and attaching usury which must be paid by more debt…thus the absolute need for growth to pay usury back.
If all debt were cancelled there would be no money left at all. All savings would disappear along with all debt. Yes, any savings you have also appear somewhere on the ledger as another’s debt.
All of Germany’s debt was cancelled after WWII except for what was owed the workers for the previous couple of weeks work and enough savings for them to buy food for the coming few weeks. The Marshall Plan took over and the banks and corporations of the Western Anglo Zionist Empire began the systematic rebuilding and raping anew of Europe.
How about next week? We all know it’s going to collapse. The when it’s going crash is what we want to know.
I’m on the Rich 99 plan. Ok, fire away…….
lol…I admit he’s been more right than most of us…
He won’t be vindicated until 2016 at the earliest, 2019 at the latest. Don’t be in such a rush. 🙂
“You’d be a fool to think that we’re on a sustainable course.”
These simple words from the article say all that needs to be said.
These guys that are putting out stuff like last gasp, crash dead ahead dont get out much.
They obviously dont know that Japan has been playing the same game since 1990 the usa really only started in 2008.
It’s true we are heading for another recession in the next two years and we may currently be in a depression; but that we’re about to pop a bubble that will send the usa into some sort of 18th century existence isnt about to happen.
Yes, the fed is about out of helium; but thats not going to blow everything up if the fed stops printing and raises rates.
Govt. debt is too high for rates to rise. If rates rise, and the only buyers for our debt is the fed and other money creating out of thin air central banks, then they would just have to print even more money of thin air to cover the higher rates. Which would increase the prices of food, gas, etc. even faster. It is clear they are running on fumes. They have gone on much longer than I thought. It helps to have a population that doesn’t want to think critically.
The demand for US Bonds is very strong (and it will get stronger)as evidenced by the fact that a recent US debt offering was OVERSUBSCRIBED by a factor of three.
You would think they were shares in an Alibaba IPO! 🙂
It’s simply the best looking horse in the glue factory.
There will ultimately be a reckoning.
At some point, the true value of these paper assets will be recognized and then the dumping will begin.
It WILL happen. It is inevitable.
So is death and taxes, Walt! A horse is a horse, of course, of course, but in a world of midgets even a dwarf can be king. LMAO!!! 🙂
DK…you are supposed to be so smart, yet you ignore one of the first laws of economics (perhaps you skipped Econ 101)
That law is….
Whenever you increase the quantity of a given commodity, the value of said commodity diminishes.
Applied to a currency, that means that the more that they print, the less it is worth. Which means it will purchase less….and less…and less as time goes on.
The currency reset that will take place will be global in nature. But at some point, the world will tire of being ripped off by us when we continue to inflate our currency. When that happens, they will move on to something else. What? Who knows…maybe they’ll go back to pukka shells. But it sure won’t be U.S. dollars.
But it’s good that you are saving $10 bills in #10 cans. Because you are going to need toilet paper. And the way it’s going, REAL toilet paper will likely be more valuable than your $10 bills.
Oh…and a dwarf may be king. But he’s still a dwarf.
Not something in which to place my faith. But you go right ahead.
Walt my confidence in the dollar is not based upon faith but current and historical reality. Yes the purchasing power of the dollar will continue to decline since it is a race to the bottom.
But capitalists, who own the means of production, increase the number of dollars that flow to them and are unaffected by the dollar’s decline. I have explained this phenomena before and used a candy bar as an example.
If you are going to live in a Capitalistic society, you must own the means of production to succeed. Consumers are grist for the mill. 🙂
Well, that’s the biggest load of crapola I think I’ve heard in a while.
Historical reality? Name a fiat currency throughout history that has not been inflated into oblivion.
Your confidence is based on faith in some very thin ice.
And in case you haven’t noticed. This is no longer a capitalistic society. It’s a fascist society (merger of government and business)
But keep dreaming. Your blind confidence based entirely on faith in a currency with no intrinsic value is amusing.
Walt: Fascism is capitalism on steroids. Think China. 🙁
Their ability to successfully kick the can down the road has more than surprised me. Its a given that the system is unsustainable but a Las Vegas magician has nothing on these people.
As an afterthought it damn sure helps if you control the stage.
Bad discussion…At this point what damn difference does it make.
Actually it means a lot. Given the alternative I hope they successfully kick that can down the road until infinity plus a few. Unfortunately one plus one equals two and the economic alchemists in charge can’t change that.
Only a fool would look forward to the day the economy goes kaput.
Hillary? Is that you?
Lets just hope that the remainder of those who still sleep remain asleep. It’ll keep the supplies up and prices/demand down for now.
The Federal Reserve- Bringing you the best Ponzi Scheme since…ever!
And like all Ponzi and Pyramid schemes…they all fall down eventually, with ruinous results.
Ponzi schemes fail because there is a liquidity failure when the principal runs out of dollars to repay investors wanting to exit the investment. Thus the scam is exposed.
The Federal Reserve has no such limitation. 🙁
The Feds time is almost up. You know it and I know it. The Russians and Chinese know it as well.
End Of Empire – The ‘De-Dollarization’ Chart That China And Russia Are Banking On
(from ZeroHedge site)
History did not end with the Cold War and, as Mark Twain put it, whilst history doesn’t repeat it often rhymes. As Alexander, Rome and Britain fell from their positions of absolute global dominance, so too has the US begun to slip. America’s global economic dominance has been declining since 1998, well before the Global Financial Crisis. A large part of this decline has actually had little to do with the actions of the US but rather with the unraveling of a century’s long economic anomaly. China has begun to return to the position in the global economy it occupied for millennia before the industrial revolution. Just as the dollar emerged to global reserve currency status as its economic might grew, so the chart below suggests the increasing push for de-dollarization across the ‘rest of the isolated world’ may be a smart bet…
Socrates: Just because you drank the Hemlock don’t think I have. Unfortunately, the FED is going to be around for a very long time unless the American people demand otherwise; organize, and do something about it.
Nothing short of nuclear war, EMP, Pole shift or Yellowstone will dislodge the Gangster Bankers from control of America because too many people in power profit handsomely from them via Crony Capitalism.
The bond between China and Russia is only as strong as a Chinese handcuff. Russia is merely a gas station for China, nothing more. 🙂
DK
However having no limitation is just that. Every increment increases requiring a greater and greater supply of money. At some point they will be increasing the supply of money by enormous percentages annually and regardless of velocity prices of staples will skyrocket. This is where, “An empty stomach is not a good political barometer” comes in as the masses support any kook that convinces them they will get a solid meal. Tyrants ride the wave into power on a sea of misery.
Right….no doubt, they will still be handing out the EBT cards. But when it takes the entire balance on a card to purchase a loaf of bread is when we will see the riots.
This is the point that guys like DK miss…..
When the dollar is degraded, the increase in government hand-outs will not match the increase in the prices people are having to pay for basic commodities (food, fuel, medicine, shelter, clothing)
For instance…COLA increases in Social Security have NOT kept pace with inflation. (unless you believe the government BS and don’t count the above list in the figures) So…seniors are having to get by on less and less. And just wait until their pension plans are forced into the purchase of government debt instruments.
Seniors are also facing medicare cuts. And some, who have medical plans that were part of their retirement package, are seeing those diminished…or disappearing completely because of Obamacare.
All government programs are based on the paradigm of infinite growth. (That’s what the mortgage crisis was all about….it was based on the idea that real estate would always increase in value)
DK also ignores the demographic reality that there are fewer people to pay into the Ponzi scheme of Social Security (and other unfunded liabilities). In short…the baby boom generation did not have enough kids to support their parents when they retired. And that has been compounded by the fact that when people’s unemployment benefits expire now, they go on permanent disability.
The ONLY way government can kick the can down the road is to expand the money supply….infinite quantitative easing if you will.
And the only problem with that is….going back to econ 101….when you create more of a given commodity, the value of said commodity diminishes.
THAT is an undeniable, immutable law.
K2: “At some point they will be increasing the supply of money by enormous percentages…”
No, Kevin, at some point the next Crash will wipe out 60% of the wealth and the de-leveraging will begin in earnest … again. Those with wealth will buy up those assets that have value and the wealth of America will continue to be concentrated into the hands of the few, and at an accelerated rate.
When the value of the dollar declines enough against other currencies, like the Chinese Yuan, American corporations and investors will take a bigger ownership share of Mexican assets, the NWO will consolidate the Continent and the Amero will be pegged lower than the Chinese RmB.
EBT cards are designed to placate the masses as the opportunity of Americans and wealth of America is transferred offshore to Hispanic America.
Engage your employees or be enslaved by them one business cycle at a time. 🙁
Right….so they can just print more.
But at some point, (sooner rather than later) it just won’t be worth anything.
DK…you are ignoring thousands of years of world history as it relates to money.
No Walt, I am not disregarding 1,000’s of years of history. I am anticipating the future (see the post to K2) and I understand that the FED and the other PTB will not destroy their weapon of choice: the USD.
There are wars to be fought, dissenters to be conquered, and more control exercised over the masses by globalism before the GB’s will allow their FSN to disintegrate.
The NWO Globalists are at the height of their power and they have Putin right where they want him. He will open Russia to the NWO or Russia will be strangled one sanction at a time until a conventional war breaks out in full force in Eastern Europe. Territory Russia once controlled.
And China??? China will do what is best for China, and no matter how strong their protests, it is also in their best economic and political interests for Russia to open to the NWO or suffer from it.
That’s the ugly truth of it. 🙁
To be able to accurately anticipate the future, you must understand the past.
You do not.
You also seem to have the idea that nations and their leaders always do what is in their own best interest. And you seem to think the NWO gangsters cannot be thwarted. In fact, your whole idea of how things will go is based on your apparent belief that they are unstoppable.
If history teaches us anything, it is that we should expect the unexpected. For instance, you seem to think that if Russia were to engage in a war, they would limit it to conventional warfare. That’s assuming a lot. The fact is….neither you …nor I …nor our State Department (and especially not the idiot in the Oval Office) has the slightest idea what Putin might do……or the Chinese (who could stand to lose a few hundred million people)….or the Koreans for that matter. And let us not forget countries like Iran and Pakistan (which already has the bomb)…or even Turkey…which more and more appears to be becoming more an ally of a new Caliphate than Nato.
All of these are becoming increasingly unstable. And a rash act by any of them can upset the apple cart that the NWO is riding in.
Most of the governments in the world today are headed by psychopaths. Many of them have nukes.
And you think they are all going to act reasonably and never pull the trigger.
How naive.
Walt: The Chinese leadership is very rational and calculating. There is no reason to take the Russian side when the West has given you their wealth and access to their markets to multiply that wealth.
After all, “Wealth is glorious” to coin a phrase.
40,000 millionaires were created in China last year. Just last year. Don’t think this rising wealthy class doesn’t have some impact upon the CCP when they are likely all members.
The NWO is unlike anything we have seen in the past. It is a global crony capitalism that is BORDERLESS and extends to every mation and racial group that adopts the NWO Agenda.
Yes it can be defeated. America is the epic center because the NWO is supported by our military. The best way to defeat it is through massive political action in America.
That action failing, as it will, because the American People are too complacent, Revelation describes the events that will terminate it.
Pack your bags, Jesus is coming!!! 🙂
Old news for most here, but some need to hear it over and over again for it to sink in…
It seem’s that most every online writer who writes articles about economics etc has all Read from the same famous “expert” book writers. And likely due to the Fact that most every such book expert or economic professor over the past 100 yrs now is a bonafied tribe member cousin to the banksters themselves…
It is probobly why none of todays internet writer “experts” ever seem’s to “get It” on the idea that Nation states exist FOR the People Of that Nation…So do Banks exist FOR the benifit of the nations Peoples…not the opposite of, peoples exist For banks and Nation states!
Once they realize that Fact, it will become quite obvious to all such writers that since a Nation and it’s banks exist soley FOR benifit of that nations Peoples and their existence and well being and propserity etc….
That it is a GIVEN right of every Nation to create banks that are controlled BY the nations govnt’s or usa treasury dept for america, and for that treasury dept to issue cash dollars FOR Peoples use and well being etc and that such cash dollars produced for its peoples is able to be printed 100% Totally DEBT and Usury-intrest FREE.
Thats what Abe lincoln did when he printed close to 1/2 Billion dfollars in Green Backs cash, when every New York head bankster told him they will gladly fund his war in 1860’s, as long as Abe agreed to Pay Intrest fees of between 26% to 36% intrest fees per dollar printed!
Lincoln said no thanks and began to print his Own usa treasury dept cash aka green backs…And the success was overwhelming! Folks across america loved it and gladly used green back dollars intrest free.
In Fact I recall an article that contained a few paragraphs from an 1860’s era England Newspaper article written BY a City of Londen Bankster…In that article that bankster writer said, paraphraseing here, “in the USA, to continue funding the war between states(civil war some calls it) and keep the nations economy going good, lincoln its president has now decided to Print Intrest and Debt FREE Cash money!!!
This has to be Stopped and as soon as possible. Whatever it takes we Must Halt Lincolns Intrest and debt FREE cash priniting or else it will establish that nation of america as the most free and most prosperous nation on the entire planet!…And once word goes out to all corners of the world what is going on and how it is going to create such prosperity like NO others have ever Known nor enjoyed prior….It will cascade into a total Loss of every smart person and every Brain trust power of europe who will soon Move to america to join in that prosperity and well being and all the potential buisness expansions ever seen worldwide prior….ALL due to a Nation printing Debt and Intrest FREE Cash…
That was written shortly before abe got assasinated.
There is only ONE other nation I ever read of that copied abe lincolns method to print moneys…That was germany in 1933 era…When first germans booted Out every jewish Usury bankster, Took full control of german banks back.
And germans printed “marks” aka dollars, based upon the Value of the nations Labor force of workers, AND also the Values of all they produced to sell to germans or other nations…Cars, shoes, etc etc etc…ALL Non stuff’s workers did aka a electrician or carpenter fixed a persons house or pipes leaks etc also had a Set Value placed upon that work performed by a plumber or carpenter.
So when done every Hour worked by every worker, every product made that can be sold, and every ‘service” job done by carpenters etc was Added up on a weekly or monthly basis…And then ONE German MARK(like a usa dollar bill) was Okeyed to be printed and sent into the german population and Markets for use by its peoples and Their well being and prosperity and overall benifit. With each single Mark-dollar printed based on the total mark’s worth of products and labor hours done for That week or month period. As long as who tallys and add’s it all up remains unbiased and honest it works out Perfect, and germans had ZERO problems with trade or barter between other nations for Their products germans cant make or grow…2/3rd germans required Imported Food stuffs or else 2/3rd germany would Die off of starvation. It worked swell…Untill usa jewish orgs, zionists orgs and jew new york and London banksters forced folks globally to “Sanction” germany economically!(now Where have we recently Heard of That cruel method to destroy nations being used?)
And germans did it ALL withOUT any Usury intrest NOR any national or personal debt…Only personal debt was they had to repay back what was borrowed for a home loan etc or new car loan..BUT paid Back with ZERO intrest charged.
Back in 1938-39 after close to five yrs of doing it, Germany made a fantastic comback, so fantastic globally the newspapwers writers wordlwide were calling germany back then the “Miricle Nation” and Miricle recovery!
That was all done Based mainly upon what usa’s abe lincoln did almost a century prior.
None of the online writers today ever speak of That event eh..Nor do ANY writers ever speak on “Why does americans or anybodys nations even need private banksters? why a need to continue Usury intrest fees?
And the most Obvious Taboo forbidden question of all time…They never question or ask “Why should we allow for jewish private bank controls”?…if we are going to keep same private usury banks systems alive?…Why not allow another group of persons to have private usury bank controls? After all its been a total jewish monopoly for just Over 100 years since 1913 now right?
Maybe we should give it next to IRISH bankster guys instead eh?…Or Italians? or Germans? afterall we do have in excess of a whopping 98+ % of the 315 Million usa citizenery being NON jewish..Not as if we Lack enough perspective alternative private intrest fee banksters of another religion or race or group right?
These Are Honest and Fair questions…yet why do None of these writers ever aproach these issues nor ask such important questions?…even Ron Paul when he wanted to END the FED etc…never once did Paul say to “also END usury intrest and have treas dept print that cash”
Nope all ron paul promoted was end fed and use gold backed dollars…But end fed and give it to whom next? And if usury intrest can be assumed to be Ok with ron pauls plans…What really will change or get fixed by that plan?…Nothing thats what! all it does it change who gets to own the fed and collect Intrest fees…Fees that are close to a Trillion per year intrest fees alone and still owe massive principal $18 trillion!
A change to gold backed dollars without end to intrest fees?…Why Bother at all Ron?
Sure be real swell to finally see a few writers question these major important issues that revolve around banks etc eh…Maybe they never Heard of Germany? or How germans fixed the SAME problems we now have? I can supply a few Links they can peruse if need be, Mr writers…
After putting said bong away, please pick up a dictionary and look up the word “brevity”.
There’s a good lad.
America will be stopped: Another Typical Jewish response, when the Facts and Truths cannot be debated nor refuted eh. So typically jewish and delusional of a responce. Well wake Up fool as many of todays peoples are also wakeing up! And what they mainly are awakening to is all of the destructive, devestation, agendas and total national controls that are run by entirely or at least 90% jews in America today. Thats Fact that is so well documented now and so easy to research online it is the major reason for such assinine replys as You are makeing to my postings. We have had since the Frankfurt School of Cultural Marxism first arrived on usa shores back in 1936, when those franfurt german Jews who invented their school’s kommie subversion of society tactics, that subvert and destroy a nations peoples thru kommie tactics withOUT firing a single gun shot, first began their infestous and incidious kommie tactics upon unsuspecting usa citizenery…
Well they are now today being Outted at a Rapid pace you fool idiot. Keep that utopian dream of some soon re set going while it keeps You in a massive state of Denial of truth like I write of…Once again we will rather soon see the 110th Nation within past 2000+ years, wake up, get Jewized up, and begin a process to ID and Then Boot Out said kommie jews and every cohort Shabos Goyim(like You perhaps goyboy?) gentile that is in cahoots with and profiting thru their jewdeo kommie swindles.
In Fact I predict that once enough usa folks awaken to it all, it is going to be the worst hit bunch, those Shabos Goyims who so assist the jewdeo kommie tribe in americas destructions and bankruptcy…For as Americans they should well know better than to sell their souls to Satan, the tribes true Father, as well as their many services and actions to soley assist in creating the tribes JWO that the tribe salivates and drools over so they can rule the entire world and be sole Owners of it and all it contains…Beware foolish one for the very First group to get placed against the Wall and be shot by that tribe if they ever acomplish their rabid ruler goals will again be, as always was prior in all history, the very fools like You that so assisted them jewdeo kommie butchers. See Russia 1918 for more proofs of the tribes evils eh. And if indeed You are a Goyim gentile? You Owe it to yourself to at least research exactly what the tribes Holy Talmud Books say regarding Goyims! Otherwise you will keep defending and supporting the tribes many evils unknowing of what they really think and believe about you Goyims! Now that just aint prudent eh.
I’m not Jewish, Imbecile.
Again…..go to dictionary, look up “brevity”.
Imbecilic Condor,
I am not Jewish.
Please……stop sucking on bongs.
Admit the obvious truth……America is desperate to save their world hegemony (which they never deserved) and are killing untold MILLIONS to maintain it.
Please…….WAKE UP.
If we KNOW with utmost certainty that this whole state of affairs is going to come crashing down, and if we DON’T know when, the logical solution is to arrange our lives so that it doesn’t matter what the heck happens, or when it will take place. We must declare our independence of this whole rotten system, as much and as often as we possibly can.
When you move out of the swamps, flash floods are no longer your problem
Ideals Mastering Power Creating All Life GOD IS
http://www.impcalgi.com
C’mon crash…let the game begin……..payback is a bitch for the SOB’s causing the artificial crash…..we all know who they are.
Go get those bastards Anon
In 1932 the unemployment was 32.5%. It’s interesting the unemployment as measured+- back in ’32 is now at 23% (Shadowstats). Businesses are closing their doors left and right. We don’t have the highly visible soup lines they had back in the great depression because we now use EBTs. Our kids can’t find jobs because adults are now doing the jobs they used to get.
Hate to say it but we’ve already crashed. The game now is trying to guess just how bad it will get. IMHO.
In 1932 the unemployment was 32.5%. Correction 23.6%.
No it’s not a condition where your dad has to retire before you can get a job. In a growing economy with a growing population there are new jobs everyday. But now thanks to Obama we have population growth and job decline at the same time.
Barncat
Don’t forget to factor in the 20MM illegal aliens stealing our jobs. Don’t worry though, they’re here to “do the jobs nobody else wants”. Per their propaganda anyway.
It is going to crash and burn on a day already planned.
I don’t think they have that much control of the variables (whomever ‘they’ may be) because they are having to manipulate populations in the thousands in an attempt to control billions of people and they react with a great deal of fear, exercising disproportionate punishment and control against anything that stands in their way, especially if it is common sense. Things have to go exactly according to plan for them to get their way, and it’s a crap shoot for them.
They are attracting thousands to the US southern border, allowing them in sans medical clearance and now we have an epidemic of enterovirus in the thousands. That was stage 1. Now in stage 2 they are sending over 3000 US soldiers to ‘combat’ Ebola. My guess is they are betting on a pandemic to cull the US population.
Just today the US agreed that the UN can send over refugees from the Middle East without really vetting them first. Again, thousands of people. Mix that in with Syria which was allowed to fester with no help to the anti-Assad rebels until the vast majority of them had been coopted by ISIS. NOW after the ‘moderate rebels’ have proven unworthy of trust (they literally sold out Steven Sotloff to ISIS for money) we’re going to arm and ‘train’ them? The decision makers are probably betting that they can get these guys to be their pet jihadists at home and abroad, but that’s not a bet without a huge downside. The jihadists have their own agendas and they have often let down those who tried to use them for their own means.
The bottom line is, there are manipulations afoot and someone is keeping the market highs going while the hollow out real wealth (the big financiers are selling up and prepping for a crash)- they know something is coming- but not all of the variables are under their control. This is not a done deal and much can go wrong for them /right for the rest of the world. Most importantly, God is in control. Man proposes….
Im surpised that its lasted this long. As long a they can keep the kickcanistan economics going its not happening. I know it not sustainable. However until the petro dollar no longer works it will keep on keeping on. The BRICS competing with the IMF is a new unknown factor.
The only thing I can see that is worse than a crash is SLOWMAGEDDON.
That sure looks like where we are today.
A slow downward spiral…Prices slowly rise, wages stay stagnant or slowly drop. Liberties disappear…
Once you have used up all your assets trying to stay afloat, does it really matter?
I for one can tell you things are much more expensive than they were in ’08…Maybe not things like Iphones and their ilk, but food, fuel, utilities…the stuff that keeps you alive…that,another story…Strange that these are not counted when the Gov’t calculates inflation rates.
All it will take is one good “incident”, and the show’s over!
It’s gonna be a slow burn, baby. The govt will put out fires like Ferguson for years to come. As sheep, we will keep allowing ourselves to be screwed into oblivion. No evidence to the contrary in spite of all the abuses of power that we see on a weekly basis. Keep prepping, but no worry to hurry folks.
One problem- the government didn’t put out Ferguson. They tried to keep it going, but the next crisis has already rolled around thanks to ISIS. If they kept Ferguson going at this point, it would backfire as comparative attention is being drawn to the murder of Brendan Tevlin by Muslims in the USA and that would undermine their goal of arming of anti-Assad ‘moderate’ Muslims in the ME. It’s things like this that make me doubt that they have as much control as some fear/ would like to think.
O.K.
Let it go.
So we can rebuild.
Clean house.
Hit reset.
Get on with our lives who is ever left standing.
Let the PURGE begin ?
BINGO !!!!
Title of article should be rephrased from “100% probability” to 100% certainty.
Nobody: Reason they stopped counting foods, gasoline, electric bills etc in inflation rate rises is because…
Back when bubba Klinton was prez, and everybody elected newt gingrich as the new saviour of usa, Bubba K and Newt conspired together behind closed doors…They BOTH agreed the best method for them to lay claim to a “Balanced Budget” for usa was to Stop counting said foods and gas etc etc in inflation rise rates…Then over the NEXT 15 years time frame! The usa fed cash saved from NOT paying Fair and Proper and Honest Soc security Cost of Living allowance raises, like was Formerly done, then Bubba and Newt can take sole credit for creating balanced budget for first time in Eons!
What most folks never got was that it was tallyed up over the NEXT 15 yrs! all cash from soc sec Robbery of soc sec proper inflation raises as it should be done.
in simplar terms we who now get paid soc sec monthly checks, no longer get barely a raise each year…in Fact out of past THREE yrs we got ONE yearly raise…Those whos check totals aprox $1200 per month got just $19-20 per month for cost of livining increases!
“IF” Newt Gingrich and his bestest Buddy Pal Klinton never did their balamce budget Swindle scam?…Todays soc sec recipients checks that are Now for example $1200 per month, would actually be at aprox DOUBLE that per month or aka $2200-2400 per month checks…
And If them two shyster scammers never did their phony budget balanceing acts, most todays soc sec folks would have ZERO troubles in Keeping Up with life and expenses to live a normal life as prior done….A life of Integrity and dignity which they worked and Paid in to and for when retired etc…instead soc sec folks gets royally screwed by Both political parties swindlers, so’s they both can accomodate negroe welfare bastard babies by the dozens per bitch female baby factory…And of course to spend over One Billion $$$ per MONTH on Mexican and mestizo Illeagle aliens “Needs & Wants”…(very similar to negroes but speak spanish)!
Oh and also to massively Fund More jewish wars to benifit jews and israel desires of kill off all goyims jews hates.
I wonder what them paid killer armys will do once they realize as Goyims themselves, they too are slated for death, due to the Rabid Hatred of All Goyims globally by that tribe eh?
Condor: Day 4… excellent posts on usury and the Social Security cost of living swindle. You hit the nail on the head in both comments. If those truths don’t anger Americans, nothing will.
@Condor, Nice take on the Clinton balanced budget balancing act. The whole government is smoke n mirrors. The thieves have enjoyed their drunkin bash for decades. The hangover just arrived as the check arrived at the table.
Aljamo & WWTI, thanks to you both. What we really need see is for vast majority of usa folks of ALl stripes, to switch over from what I always heard my entire life of: Folks keep saying “Well Condor, they Gotta do…SOMETHING!” with the THEY being fed govnt asshole polititions who fuck up all they ever touch worse than it was prior…Switch that they gotta do something TO: “WE folks Gotta Do SOMETHING!” and as we here, or “most here”, know…That something Must be Drastic actions, and Permanant actions…Sort of for lack of better term, a Final Solution of sort’s…
But it wont happen with a small few online awake folks like we have here eh. I try to awaken as many folks as I possibly can and have been doing so for aprox 42 years now! And in all honesty I can say my personal experience results have been Dismal at best…Maybe One person in 1000 folks I spoke with or to has actually researched issues…Then maybe One in every thousand who did that research or one in TEN thousand folks actually has awakened fully and will Never return to deluded dumbed down state they came from prior…Thats not a very good results eh..but it is what it is.
At This point at my age of almost 62 yrs old, I no longer desire to see an final end of it all as I do not believe I will live that long anymore…I rather it wait till I am long gone for at this age one is a fool to think hes a true warrior material still…I have zero desires to get into mass shoot outs or be some type Rambo guy!
No offence to any others here but I think it is very foolish to desrie all out warfare in america like a 2nd civil war event…YES I am totally fed up and royally Pissed off at majority of negroes, jewish swindlers, kommies in Both political parties etc etc…However War and civil war is a youthfull endevor at best.
I much Rather see a Huge wake up, a vast jewized up event, and whiteys come together like Never before done, for if white majority will do so before they too become a Minority in own nation their white forefathers created and invented etc…That will prove to be an Unbeatable force to rekon with…Whites used to stick together that way…But far too many drank Frankfurt school cultural marxist kommie kolaide and reject all forms sound advice or truth or facts…just gander at how many HERE at shtf that are supposed to be wide awake still cling to worn out jewish fabels, lies, scams, and overall jewdeo-Kommie swindle tactics perpetrated upon their sorry asses daily.
How anyone can state with such authority that we never can trust ANYTHING if from Fed Govnt Nor from MSM TV news or newspapers etc nor if from public schools text books and teachers….yet Then in very next breath swear on a stack of talmud’s all 66-Book Volumes of talmud! that ALL they prior and still do learn from the exact same MSM tv and newspapers and fed govnt and public schools etc if it is about any jewish issues is all 100% factual truths like no other truths they ever encountered! It is simply beyond reason they are still like that eh. Yet look how many even Here shtf are that way still.
Deep Vast Denial, due to a Fear induced by some stupid old worn out Taboo of any mention of that sacred “J” word!
Perhaps what america really needs is for Blacks to also awaken ALONG with Whites at same time frame eh?..Picture 50 Million Pissed off african blacks in usa deciding What need be done to reperate the wrongs of slavery once said blacks find out WHOM really is responsible for at least 75+% of american slavery issues eh!…ADD those blacks TO 150 Million or more Whiteys, and now you really have a force to rekon with, and one that refutes all attempts at any Racial wars between both groups! We’d then see, Litterally! Every major airline at every major airport nationwide filled with so many zionist and bolshevik kommie jewdeos seeking a Fast plane one way ticket Out, your heads would spin!….Only the true patriot jews would then remain here and they then could teach these truths some of us here promote and none can call That bunch an antisemite eh!….First though a 100% fool proof plan needs be found that will prove their true patriotic loyalty beyond all doubts…maybe if they Burn Tamlud books openly, and reject the tribes delusional desirs of control fully is a good start?…or Burn Down a a few synagouges of satan done BY patriot jewish folk would also go along way as proof of patritiism no?
Sure wont be partnering up in any fox holes with such folk eh ( them deluded so called awake prepper types like some are here)…I may by chance alert them to a forbidden J-word issue or mention a negative regards that tribe and what Next?….The fox hole prepper wide awake to all issues BUT that Taboo forbidden issue is going to whack Me!? while expecting a great huge Gods blessing for doing so?!…NO thanks…ifin they aint 100% awake including awake fully to all issues on that tribal Taboo group?
They wont survive no matter how much Stuff or preps they stashed away or how many ammo rnds they stored…Instead they are going to proceed right straight INTO the Main enemys Camps!…Oy VEHY! “Velcome Youse goyims! Ve Knows Youse knows sumptink, and Ve Av Vays of Vinding outsky”!
Their many false phony pastors who are deeper in cahoots with the tribe than even most polititions are wont be able to save their asses then eh…preaching: Romans-13 “OBEY All forms GOVNT folks its Required by God! and oh yes keep Blessing Satans tribal clan of pharisee jews too and Gods gonna pre troubles rapture ya out! Soon as you folks PAYS me next weeks sunday Tithes!(wait! Didnt Jesus do away fully with ALl of Mosaic laws already 2000 yrs ago?…Indeed Yes he did! oh I see, did away with all 689-Moses Laws of OT practices…Except of course for that one number 690th law of, nice 10% church Tax called “TITHES”! does that really make any sense? no cause its a falsehood like the rest they preach is!)….Yes the future is going to be rather hectic, bloody, and a grand Loss for true patriots I think, due to Lack of enough true patriotic folks today and then…I Hate to state this and Hate to think it so…but it is reality so far. Maybe it is too late already to awaken enough more folks in usa eh? Time shall tell as it usually does finally.
I keep hearing this over and over again. The time will come so prepare as much as you can. Good time to get Gold and Silver its down right now.
Sgt.
Hey Sarg, I thought you like to see this if haven’t it already. Oh boy is right.
http://www.theprepperjournal.com/2014/03/18/russian-special-forces-training-x-box-intense/
Sgt Dale. Gold and silver has remained the same constant price for hundreds of years. Your dollars are just worth less now. Which too many people use the dollars as some gold standard to determine value. And everything else rises. That’s backwards crazy thinking. It the dollar all the sudden becomes worthless, do you say an ounce of Gold is then worth a trillion dollars? Or a similar equivalent value as to a loaf of bread.
There is nothing wrong with getting rid of your dollars to convert it to a more stable commodity such as silver or gold.
The current economy will crash,is simple arithmetic,stated in article,all that needs to be said really.We all beyond covering to best of ability have basic preps in all categories,we all then have different ideas how to invest if any have monies left to protect value,i.e. land/pm’s/yeah,I know more lead and brass!/long term energy i.e. solar setups ect./skills that can help in todays society but be invaluable to a point in a few steps back tech wise,to me/farrier/blacksmith comes to mind/still operator,what do you see as good trades in say a few step backs tech wise society.
Use These To Impress Your Phony Friends
Exaggeration is a billion times worse than understatement.
Death to all fanatics!
An oral contract isn’t worth the paper it’s written on.
If we do not succeed, we run the risk of failure.
I’d give my right arm to be ambidextrous!
The shortest distance between two points is how far apart they are.
Grammar has gots to be one of the most importantest things ever?
I am becoming increasingly worried that there isn’t enough anxiety in my life.
I have this nagging fear that everyone is out to make me paranoid.
Life is full of uncertainties…or I could be wrong about that?
Not only am I redundant and superfluous,
but I also tend to use more words than necessary.
Always remember you’re unique…just like everyone else!
Don’t steal. The government hates competition.
I Always Wanted To Be Somebody, but I Should Have Been More Specific.
Letting the cat out of the bag is a whole lot easier that putting it back in there.
Don’t speak now, and forever hold your peace.
I think that I think, therefore I think that I am.
If the music’s too loud you’re too old.
Firms keep going out of their way to give me credit.
For that, I’m deeply indebted.
I don’t suffer from insanity, I enjoy every bit of it.
Time is what keeps things from happening all at once.
Not all women are annoying. Some are dead.
If a word is misspelled in a dictionary, how would we ever know?
Why do we say something is out of whack; what is a whack?
FIGHT BACK! Fill out your tax forms with Roman numerals.
Time is the best teacher; unfortunately it kills all its students!
Gambling: The sure way of getting nothing for something.
From the Department of Redundancy Dept.
Flirt: A woman who thinks it’s every man for herself.
Everyone hates me because I’m paranoid.
Fer sell cheep: IBM spel chekker. Wurks grate.
Fad: In one era and out the other.
Warning: Whimsical when bored
Have a nice day… somewhere else.
They told me I was gullible… and I believed them.
Is “graduate student” an oxymoron?
One nice thing about egotists: They don’t talk about other people.
It’s bad luck to be superstitious.
Support bacteria! It’s the only culture some people have.
According to my best recollection, I don’t remember.
I’m a long time reader and stalker of these boards, and I want to thank you all for the interesting reads.
I know we are all aware of the petro-dollar conspiracy, and to me its like the geo-political “theory of everything.” They way I see it, the Fed can continue to float the economy with printing as long as other nations require our dollars to purchase energy. They will have to continue to send us the goods we desire to get the paper.
I don’t consider the dollar to be a fiat currency. It is in fact backed by energy – indirectly. Our economy, and most of the worlds, will go boom when the petro-dollar dies – not before.
The BRICs with some help from Iran are trying to kill it now. The question is whether we will go to war to preserve it as we have in the past. This time though, the war will quickly become a WW3, not just another proxy-war. Either way, we’re screwed, but I think it can be predicted by considering all news through the petro-dollar lens. Just my 2 pennies (pun intended).
I’m reposting my joke about the modern day version of the ant and the grasshopper because it was on the tail end of a previous article and most didn’t see it. I don’t claim any credit for it because it’s an old joke but still relevant.
MODERN VERSION OF THE ANT AND THE GRASSHOPPER
The ant works hard in the withering heat and the rain all summer long, building his house and laying up supplies for the winter.
The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.
Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving..
CBS, NBC, PBS, CNN, and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food.
America is stunned by the sharp contrast.
How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so?
Kermit the Frog appears on Oprah
with the grasshopper
and everybody cries when they sing, ‘It’s Not EasyBeing Green…’
Occupy the Anthill stages a demonstration in front of the ant’s
house where the news stations film the SEIU group singing,
We shall overcome.
Then Rev. Jeremiah Wright
has the group kneel down to pray for the grasshopper’s sake,
while he damns the ants.
President Obama condems the ant
and blames President Bush 43, President Bush 41, President Reagan, Christopher Columbus, and the Pope for the grasshopper’s plight..
Nancy Pelosi & Harry Reid exclaim in an interview with Larry
King that the ant has gotten rich off the back of the grasshopper,
and both call for an immediate tax hike on the ant to make him pay his fair share.
Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer.
The ant is fined for failing to hire a proportionate number
of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government GreenCzar and given to the grasshopper.
The story ends as we see the grasshopper and his free-loading friends finishing up the last bits of the ant’s food while the government house he is in, which, as you recall, just happens to be the ant’s old house, crumbles around them because the grasshopper doesn’t maintain it.
The ant has disappeared in the snow, never to be seen again.
The grasshopper is found dead in a drug related incident, and the house, now abandoned, is taken over by a gang of spiders who terrorize the ramshackle, once prosperous and peaceful, neighborhood.
The entire Nation collapses bringing the rest
of the free world with it.
MORAL OF THE STORY:
Be careful how you vote
Pretty sure “100%” and “probability” don’t belong in the same sentence. Once you reach 100%, it is definite, not probably.
That’s how these pundits hedge their bets.
Ever notice that every Gold or metals seller online or on the tv ad’s all always tell you how the usa dollar is soon going to crash, or devalue worse, or get totally replaced by a basket of other stuff deemed viable to replace us dollar world standards etc etc…
Yet not one single gold seller ever informs you that due to such risky buisness of us dollars, and with such soon to crash economy, due to that crash…They want You to Pay for their Gold in Vehicles, Barter goods, Houses or land, or pay for their Gold in ANY other comodity or form OTHER than You must Pay them in….USA Dollar bills!
Why would you ever trust such a loony bin whos telling You to get rid of all us dollars and buy his gold NOW before this, must happen crash that may occure before you finsih reading this! Yet his prefered method of gold sales in strictly IN US DOLLARS!
Some also even tells you that very soon! any day! any Moment now! Gold will Sky rocket to the MOON Alice! To the Moon! in Values…So thats Why they are so eager to sell their gold stores to You for us dollars?
What would You think if a next door neighbor guy visited your crib and asked “hey neighbor why not trade MY new Caddy loaded up to the Max with every new option…FOR…That old worthless ford pickup you have thats very soon going to have major engine troubles! or maybe very soon stop running totally!”
Would You consider that guy a very wized up economic “expert”? Or would he first need develop an website of his very Own before you’d consider him wise beyond his years?
I see zero difference between online gold sellers like I described, which most all are like, compared to the fictional neighbor guy tells you to trade a old worthless pickup FOR His brand new costly Cadilac car…Most folks would think that neighbor must be loony to believe hes promoting a swell deal that Hes benifiting from right?
And if online or TV ad gold sellers aint doing it for Gain, profit for Themselves? Then Why are they doing so much gold sales in exchange for worthless us dollars and ONLY for us dollars?
What if like everything else we was told or taught, they too are totally wrong on issues? That to me makes way more sense. Folks here who believe their gold is going to increase tremendously and Very soon perhaps, wont part with a speck of it right…yet tons of gold seller guys will Gladly trade their gold for your valueless us dollars eh….Hmmmmmm…it just aint kosher it seems.
Condor….your argument is a red herring.
Condor….a shill courtesy of the CIA.
This week, next week, next month, next year, Hell next millennium, but it is going down, period. Only thing to do is to prepare as you see fit for your situation. My prep’s are for me and yours are for you, don’t get me wrong we should share all of our ideas as we can. After it happens we will be on our own very few will make it to their BOL, way- way to many factors to keep from reaching it, so if you’re not there now; 99% says you won’t make it there. My advice; is get there now, or plan to make your stand at your present location. Stock up on as much rice , beans, water, along with as much defense items as you can get your hands on, make no mistake what you have on hand will be all you will have for a prolong period of time when it hits the fan. So when will it will hit only a very few know, but IMHO not until every FRN is in their HANDS. The wild cards in all of this; Natural Disaster or some crazies set off a nuke and that will plunge the world to WAR. MHO, stay safe, (the bunker door looks very inviting right now).
River Rat at the ready!!! NOMI///MOLON LABE!!!
TSORIITA/GPTDY!!
With the daily S%%$%% on the news and the world, this sounds very appealing at least to me.
http://www.theprepperjournal.com/2014/09/12/mess-success/
I’m a small time remodeler, kitchens, custom decks, gazebo’s, etc.,everything keeps increasing, can’t give a bid for more than 5 working days now. I live in North West Ala., prices and gas are killing me. But I still have a lot of work thank the Good Lord! Just money is going nowhere.
AM,am a carpenter when work in North East.I have seen a slow uptick in prices but not what you are describing.I suppose with a less expensive cost of living you may have more demand.
Spent the day making salsa(or something like it ;)…mighty chilly day today,for this time of the year but hey winter is coming…gotta get ready…this collapse on the other hand isnt as easy to nail a time frame on as winter is but rest assured its coming.I figure itll happen when folks least expect it…especially the ones who are making it happen…we got it under our control theyll say and then “BOOM!”…collapse!So just like you get ready for the cold weather you best be prepared for whatever is coming,but in so doing dont forget to live…to laugh and to love,life is short… enjoy it! REB
They are waiting for that new ice age to kickstart. For all evidence of their fuckery to be buried under miles of ice and ground to dust
It seems we are running from one catastrophe to another and NOW the catastrophe’s are ganging up on us. Banks are insolvent, no one works, everyone is on some kind of Government assistance, you got Russia and Ukraine about to go to war and drag the whole world into the war abyss. Oh and don’t forget derivatives and credit default swaps that comes to a cool 1.5 Quadrillion Dollars (Where is that money coming from? Yea your right, from YOU & ME).
And you got Ebola plus the economy’s of Japan, China and the European Union all on the verge of collapse themselves, IF they go where do you think we are going? Yep into the abyss behind them. And our stock market is expanded so tight people are paying $70 a share for a company that has NEVER turned a profit in 15 years. Something is VERY wrong here.
And then you have our power grid. We lose power we lose everything.
HOME LAND SECURITY WARNS – AMERICA WILL LOSE POWER
Weather by an EMP or CME or a Grid Down Terrorist Attack, WE WILL LOSE POWER and soon. And No matter how we loose power WE COULD BE IN THE DARK FOR YEARS, EVEN FOREVER
I can show you how to prepare for such an event and when you lose power you will be sitting in your home with lights and power. I live in a large 4 bedroom home that is all electric with a big chest freezer and 3 teenagers who all have large TV’s, DVD Players, Game Consoles and more. My smallest power bill was $67.00 and my average is about $100.00 per month. When I loose grid power to my home the only way I can tell is by looking at the street light across the street to see if it’s lit or not.
I have a 12 volt system that charges a bank of batteries and from that I run almost all my house lights, inside, outside and in my basement. I have a 12 volt coffee pot, a 12 volt Evaporative “Swamp” Cooler to cool my home, a 12 volt alarm clock and a 12 volt electric blanket to keep us warm on cold winter nights. I even have a 12 volt Plastic Pail Hot water heater to make me FREE hot water from wasted energy that would otherwise be dumped and wasted. I even have an Aquaponics set up that grows fresh fish and fast vegetables to eat and that is powered by 12 volt as well.
(This is NOT a Grid tie system, this system works independently of your grid power).
http://www.iplantosurvive.info
Damn,am sick of this trailer trashes spam.To those that are interested in solar ect.,there is a poster here whose moniker is Genius,he is into solar(when not collecting Federal ammo!),mother earth news/builditsolar/lowtechmagazine among many sites have great homemade stuff and plans for free,no problems with solar,just spammers!
YUUUP! Almost every solar website has info on how to do it yourself. In my 18 years of experience I can tell you to stay away from these brands… Trojan batteries, Xanterex anything, Magnasine inverters. I always give free advice to those who want it. Some brands I reccommend are… Outback, midnight solar, morningstar/tristar, US Battery, Kyocera, Talesun, some other panels are good but nwo owned. Be sure to use the correct size of STRANDED wire in all DC circuits! US battery has good prices per amp hour and last the longest. I have the HC/XC L-16’s and they are awesome! Do not pay more than $1 per watt for 24 volt panels or $1.50 per watt for 12 volt panels (new). Check craigslist for solar panels. Smaller than 100 watt panels are cheap on ebay. Car batteries and marine batteries are crap in comparison to real deep cycle batteries. Federal ammo is on sale at Warchild.com lol… 🙂
I adore the women in my life and here on this site, so here is one for the womenfolk… Enjoy…
Quote of the day:
‘Whatever you give a woman, she will make greater.
If you give her sperm, she’ll give you a baby.
If you give her a house, she’ll give you a home.
If you give her groceries, she’ll give you a meal.
If you give her a smile, she’ll give you her heart.
She multiplies and enlarges what is given to her.
So, if you give her any crap, be ready to receive a ton of shit.’
Remember these things:
1) No matter how pretty she is; someone, somewhere, for some reason is tired of her sh*t.
2) Marriage is a waste of male potential.
3) Love is the delusion that one woman differs from another.
Cunts
They all kill us one way or another……..
“Survived by Wife” by Alan King:
ht tps://www.youtube.com/watch?v=PypsMk_0QxY
My Mom is one of the nicest people you would ever meet. Hard working. Kind just a loving soul. She doesn’t have tattoos. Never cheated. Never done dope. Cooks the best food, cakes, cookies, breads. She was also very beautiful and still looks young for being 80 years old. God bless her and all women out there. Not all of them are slugs with the morals of an alley cat.
My mom is the same, that is why I posted this….
You left one out. you give a woman a car she will get a job.
She may just leave too like my friend’s girlfriend did.
Well look, man… debt is just a promise of future labor, right?
… ahem slavery…
I mean… what else could you do here, right?
Everything comes to an end. Learn to live with that. Enough of the fear propaganda. Unplugged from this fear mongering and just live without missing a moment. Do what you’ve got to do and just be. God bless.
He makes a logical case, they are near the end of being able to keep up the facade of normalcy, but he needs to take it one more step. Yes, they have managed to delay the inevitable crash but they still have one more trick they can do (and will do). That is the confiscation of pension and retirement funds including 401k, IRA,and all the other similar plans including public and private retirement accounts, CD and saving accounts, investment accounts, and anywhere else they can get it; which they will forceably convert our own assets into T-notes, T-bonds, and T-bills. We hold trillions of dollars and the government is salivating to gain control over all that money (of course most of it will end up concentrated to those with power and the remaining would be squandered). Then the end will come.
During the period of confiscation will be the most dangerous. The people with no or little assets will be successfully propagandized to believe this is a good thing. The savers will be painted as greedy, unpatriotic, even terrorists. There would be many millions of angry people united by this act. This simply wouldn’t be tolerated so new laws and edicts will be made to make all these people enemies and criminals so the government could move against them. One does not have to guess; this is simply a progression of likely events.
The reason we cannot quite know for sure when these things will play out is because they don’t want us to know, they are not going to tip their hand. If we all knew the likely chain of events we could take steps to preserve our assets and protect ourselves. You can be absolutely sure there will be no announcements, it will be a fait accompli before we can do anything about it. All one can be certain of is something like this will happen, so knowing the when is not truly important, we know enough to act before it is too late.
They did it in Argentina.
someoneElse.
Real close to that point. Terminal prepper for my own needs. As I have seen others leave this site I have stepped up the pace. Maybe should have been gone long ago. Still want to help others prepare but time grows short.
Stick around Slingshot, you’re still needed on here.
GR
Our system sucks, but we’ve been on the “brink” for a few years. This article doesn’t add anything new or insightful. It’s all fear mongering to sell those ads in the margins. this site is so played out.
Bob.
The only subject that has not been fully examined is Alien (Extraterrestrial) Invasion. A fool in the White House, a public with the comprehensive capabilities of a hamster and a power hungry industrial/political/banking machine could finish the Great Experiment in Freedom.
There is only so much you can talk about. Time after time, after time.
Sling,as far as ET goes,to quote a great line”Put on the fucking glasses!”.
The system HAS crashed.
Smoke, mirrors, quantitative easings and a bunch of other tricks are used to create the illusion it MIGHT crash when it HAS crashed.
I guess it all depends on how we define “crashed”. Right?
If you’re still alive, you can still get right with God, so please do that today, not tomorrow.
If you’re still alive, you can reinforce and add to your prepping– make it redundant and off-site..
If you’re still alive, you can reject buying GMOs, stay inside when they chem trail, and shut your TV off after 60-minutes lest they fry (manipulate) your brain waves and affect your brain and free will.
If you’re still alive, you can see them coming, heck, you’ll FEEL them coming.
If you’re still alive, you can think of even more ways to out think them.
If you’re still alive, you can make ’em think you’re as dead as a sheeple when you are as alive as the center of the sun.
If you’re still alive, you have another day to become a better human being.
Y’all get a good night’s rest because their shelling (= their propaganda and b.s.) starts in the morning.
– the Lone Ranger
True warriors fight not because they hate what is in front of them. They fight because they love what is behind them.
There is a Russian proverb that says “When it happens you will know that it is true, by then it will be too late.”
River Rat at the ready!!! NOMI///MOLON LABE!!!
TSORIITA/GPTDY!!
Confederate Corn Chowder
3 cups water
1 medium onion, diced
1 cup potato flakes
1 cup whole kernel corn
1/2 cup dry milk powder
salt and pepper
Combine ingredients in a large pot. Bring to a boil and simmer until
onion is tender. Season to taste.
Forager’s Potato Soup
3 cups potatoes, peeled and diced
2 cups water
3/4 tsp. salt
1 cup onion, chopped
2 tbsp. vegetable oil or butter
2 tbsp. flour
2 cups milk
1 tsp. dried parsley
1/2 to 1 tsp. garlic powder
1/4 tsp. pepper
Bring potatoes, water and salt to a boil in a saucepan. Reduce heat and
simmer, covered, for 15 minutes or until the potatoes are tender.
Without draining the potatoes, mash them up. Meanwhile, in a large
saucepan, heat oil and add onion. Cook until onion is soft. Sprinkle in
flour and stir for 1 minute. Gradually add milk, stirring frequently for
5 or 10 minutes until thickened. Add cooked potato mixture and
seasonings blended together.
Old Timey Potato Soup
1 medium onion, minced
1/4 cup butter
4 cups diced raw potatoes
2 cups water
1 tsp. salt
4 cups milk
a few dashes celery seed
salt and pepper to taste
4 slices bacon, cooked and crumbled
Saute onion in butter until translucent. Add potatoes, water and salt
and cook until tender. Add milk and season to taste. Simmer a few
minutes before serving.
Bacon and Bean Soup
2 cups dried beans (or 2 cans cooked beans)
4 slices bacon
4 cups water
1 cup diced onions
1 cup diced celery
1 tsp. dried parsley
1 tsp. savory
1 clove garlic
2 tbsp. bacon fat
1 tsp. red pepper
1 tsp. salt
Soak dried beans overnight and cook until tender (or use canned beans).
Fry bacon until crisp and drain. In a large pot, mix cooked beans with
remaining ingredients. Simmer for 1 hour. Add water as desired during
cooking process. Crumble crisp bacon on top and serve.
River Rat at the ready!!! NOMI///MOLON LABE!!!
TSORIITA/GPTDY!!
What, no rivels(sp) or hard boiled eggs with that potato soup?
MAJOR heads up concerning EBOLA
Airborne Transmission of Ebola
http://www.americanthinker.com/2014/…_of_ebola.html
“The Canadian Health Department states that airborne transmission of Ebola is strongly suspected and the CDC admits that Ebola can be transmitted in situations where there is no physical contact between people, i.e.: via direct airborne inhalation into the lungs or into the eyes, or via contact with airborne fomites which adhere to nearby surfaces. That helps explain why 81 doctors, nurses and other healthcare workers have died in West Africa to date. These courageous healthcare providers use careful CDC-level barrier precautions such as gowns, gloves, and head cover, but it appears they have inadequate respiratory and eye protection. Dr. Michael V. Callahan, an infectious disease specialist at Massachusetts General Hospital who has worked in Africa during Ebola outbreaks said that minimum CDC level precautions”
I STRONGLY suggest you read the entire article
Your link was broken and I’m posting it again as people NEED to read and heed it.
Also remember the U.S. State Department just ordered 160,000 protective containment suits. Not a lot, but worth noting.
h t tp://www.americanthinker.com/2014/08/airborne_transmission_of_ebola.html
Screw politics. Get prepared, get educated on survival,become independent of dependence on stores and the grid, cache your stuff, buy ammo, move to an isolated BOL and hunker down before it all comes down.
Japan has been on its “last gasp” for a good 15 years.
The bubble economy will crash but this could drag on for many more years.
Even if there is a crash moment within a year, the event will be scripted, it won’t be accidental.
People keep saying that this could go on for years, but what they are not understanding is how the exponential function figures into this.
Watch the following link to get a grasp on the exponential function.
youtube.com/watch?v=W2rTQpdyCFQ
Someone once asked Earnest Hemmingway how he went broke. His answer….”Two ways. Gradually, then suddenly.”
That is how the exponential function works. So…while the economy certainly is degrading gradually, there will come a point at which we may very well see an event…perhaps caused by some “black swan”…that will greatly accelerate the deterioration. But even left to itself, the pace at which we are incurring debt and creating fiat money, will ensure that at some point…the crash will occur.
I submit that we may well have already turned that corner…and that the crash has already begun. But due to the continued “can kicking” we have simply managed to hold off the full effect.
Another useful video explaining growth and consumption….including the concept of infinite growth.
youtube.com/watch?v=VOMWzjrRiBg
At this point, you would have to completely oblivious to economic common sense to think we are on a path to prosperity .. if I had to take a guess as to when it will all fall apart … based on spending levels, gdp, etc. September to October 2015
I just don’t understand the Market. I tried to short Bubbles the other day, but the broker said there is no such stock.
We’ve got so many bubbles, they should make a Bubble ETF 🙂
for anyone who is wondering why this is a quote from another article that talks about the movie and indirectly the book Atlas Shrugged,
Ayan Rand was truly a visionary,,, We are living this right now,, with all that is going on if you dont see it you are asleep.
At first “who is John Galt” is viewed as a negative, a quiet cry of resignation, of giving up and despair. It then morphs into a triumphant victory statement of the individual standing for moral good over the slow death of socialism-turned-communism and the over-reach of oppressive, intrusive life-stifling government.
it won’t be like the Depression. few had more than a single shot .22 or shotgun, and very little ammo. Also, they had trained horses, horse drawn implements and trained horse MEN. No longer true. They had half the population we have now, and 1% of the hopeless jerks that we have now. They had non-hybrid seed and 30% of the population lived on working farms and ranches. today, that number is 3%. so the risks of a “book of eli” sort of disaster are unacceptably high. If you don’t stockpile some non hybrid seeds, .22 ammo, grain, etc and know how to grow sprouts and fight effectively, you’re just one of the many who need to be pruned from the gene pool.
I have worked at a senior level in a government during a major crisis. I would have to say, being the government, there really is no end to the tricks and manipulations they can pull off to pretend and extend. Most of the population will go along with things if it seems like somebody is taking care of the crap.
It is all about power and governments have all the cards to play. I would guess they will raid every last dime they can to keep it going, and then when that system is drained of its real wealth, they will just recalibrate everything, change-up the paradigm, reboot, and then start again. We are going into the next phase of technology and that will bring total control like nobody has ever seen before in human history. It is already in the wings and they will throw the switch when they are good and ready. I always judge things based on some of my mainstream friends: and they are just obsessed with property prices, eating exotic foods, their kids and that’s it. They don’t care and they will never do anything rebellious.
We are on life support and they are going to pull the plug. Say your prayers.
I think WE will be the ones pulling the plug. Who is WE? The illegals who don’t pay taxes. The corporations who don’t pay taxes (cook the books so their income is ex-USA). Those people already voted “No Confidence” in the USA system and are simply draining what they can. how about the welfare class? Same thing. It seems 3 major groups have already abandoned the USA. When will the working American?
I’d love to see some hard numbers. I respect Williams and assume he has those. That is, what %of GDP is printing (20%). What rate is debt growing versus GDP (often the claim this is tame is used as justification for debt). Growth of SS versus GDP, or jobs. Growth of Medicare and the 80 other government handout programs.
What I mean to say is we CAN measure when the end is coming for the finfin ponzi scheme. heuristically we can tell inflation is accelerating; but, how much longer can the bubble inflate? With housing, in 2005 it was obvious it was a huge bubble and could not go on much longer: the prices were above affordable and pay was already on the decline. I guess the finfin wizards moved from a bubble with a fundamental limit to one with no fundamental limit? Is there no fundamental limit? or is it the decimation of the working American?
It’s a 7 year cycle, read The Harbinger. Or watch a video on YouTube. It will shock you. There will be another economic crash September 2015.
It costs the FED 3 cents to print a hundred dollar bill. They charge the taxpayer 100 bucks plus interest for them to use it. That’s called loan sharking and nobody in their right mind would want to pay back the national debt. To Hell with the FED.
Well, let’s see here?? 1st we have the collapse of the U.S. dollar. 2nd ISIS or, Al Qaeda or, what ever name they will go by next.. wait, CIA.. 3rd The Russian – EU conflict, that is what it actually is. 4th Ebola!! 5th The U.S. political parties wanting to completely destroy the Constitution. Ladies and Gentlemen, get ready, either we have a bunch of false flags or, SH*T is getting ready to hit the fan and, the fan is on HIGH!!