The greatest economic collapse in world history

[Napoleon]

I’d say the greatest economic collapse in world history was the Great Bullion Famine of the 15th century. As mines ran dry, gold and silver ores all but disappeared and coins could no longer be minted. The monetary systems of Europe collapsed, trade with it, and Western Civilization was forced to revert to barter economies.

This was resolved in the mid-16th century by discovery and exploration of the New World and importation of gold and silver from the conquest of Central and South America.

 

[AZRWinger]

That may be a tad dramatic but I think the massive US debt and the upending of the trade relationships with no clear focus may very well cause significant economic damage. The chaos Trump is creating does not make for a healthy business environment.

No clear focus but America First.

Nothing wrong with unending unfair trade arrangements ending Uncle Sucker policy.

 

[Ahlevah]

thanks. maybe we can figure out a Date for this Economic Collapse, could be as soon as 2025 or next year?

Probably soon. CNBC looks like a battlefield hospital ward this evening :



Parse earning reports, eh?

 

[justoneman]

A massive economic collapse is very near. Probably just months away. The system nearly imploded just before Covid.
Central banks know the system is unsustainable and will collapse. Here’s the former Greek finance minister.

"Is the global economy just a giant debt scam? What the financial elite doesn’t want you to know "

"Varoufakis argues that the entire Western economy has become a massive con game, on a scale thousands or millions of times larger than anything Bernie Madoff could have imagined. Furthermore, in his telling, it’s a con game run by intelligent and not necessarily malevolent people who understand perfectly well that the whole enterprise is a fraud that’s bound to come crashing down eventually. He says he knows that to be true because those people told him so, in the kinds of closed-door meetings where the uppermost level of the managerial caste discuss such things."

Is the global economy just a giant debt scam? What the financial elite doesn't want you to know - Salon.com

Yanis Varoufakis saw power up close. He says capitalism is dead, democracy is crumbling and we're ruled by debt

www.salon.com

Cool. This is an "I'm hoping for an economic collapse" thread.

 

[Revelation]

Probably soon. CNBC looks like a battlefield hospital ward this evening :

but everything is fine, the Fake news said so.

Barron's

More Americans Are Behind on Their Bills. Here’s a Big Reason Why.​

6 hours ago
By Megan Leonhardt

WYFF

US household debt rose by $185 billion in the last three months, data shows​

3 hours ago

 

[Ahlevah]

The collapse will likely happen very quickly. Think 1929 on steroids.

People who think they’ll be able to “get out” of the markets during a full-fledged financial panic are deluding themselves. Stocks can gap down big at the open, and if they continue to drop, circuit breakers kick in that completely halt trading for some period of time depending on the severity of the drop. Then you have to hope your broker’s computer system doesn’t freeze, or that it doesn’t place its own restrictions on executing trades in order to preserve its own financial health. Assuming you’re not properly diversified among asset classes (like bonds, foreign stocks, commodities, and cash equivalents), you can lose a large chunk of your life savings in one unfortunate session. I’m not saying it will happen, but with U.S. stocks at historical price and valuation levels and significant froth among retail investors, it certainly could. Historically, these sorts of market extremes rarely end well.

 

[Revelation]

Cool. This is an "I'm hoping for an economic collapse" thread.

how long and far can we go into debt or screw up the economy?

People who think they’ll be able to “get out” of the markets during a full-fledged financial panic are deluding themselves. Stocks can gap down big at the open, and if they continue to drop, circuit breakers kick in that completely halt trading for some period of time depending on the severity of the drop. Then you have to hope your broker’s computer system doesn’t freeze, or that it doesn’t place its own restrictions on executing trades in order to preserve its own financial health. Assuming you’re not properly diversified among asset classes (like bonds, foreign stocks, commodities, and cash equivalents), you can lose a large chunk of your life savings in one unfortunate session. I’m saying it will happen, but with U.S. stocks at historical price and valuation levels and significant froth among retail investors, it certainly could. Historically, these sorts of market extremes rarely end well.

yep, ususally it will be the little guy that gets hurt, think 1929. the Whales knew it was coming and got out early, those in the Fog kinda lose it all.

happens.

all of this is heading into an Engineered reality that the sheep will not like. extreme financial pressure is a tool the Oligarchs use to nip at the Sheep guiding them to the Slaughter.

but 'everything is fine', just ask the Sheep.


blessings, 3 days

.

 

[Ahlevah]

Cool. This is an "I'm hoping for an economic collapse" thread.

For me it’s more like a “You can’t save people from their own stupidity” Schadenfreude thread.

 

[justoneman]

how long and far can we go into debt or screw up the economy?


.

I agree. We are crazy with all the spending, but I am not hoping for an economic collapse.

 

[justoneman]

For me it’s more like a “You can’t save people from their own stupidity” Schadenfreude thread.

Are you pretending Biden and the Democrats in Congress, did not spend like drunken sailors the past 4 years?

 

[reinaert]

Nothing as of yet rivals 1177 BCE.

 

[Ahlevah]

Are you pretending Biden and the Democrats in Congress, did not spend like drunken sailors the past 4 years?

No, but I’m also not going to pretend that every successive president doesn’t spend more than his predecessor. Trump won’t be an exception.

 

[justoneman]

No, but I’m also not going to pretend that every successive president doesn’t spend more than his predecessor. Trump won’t be an exception.

Notice I complain about the spending when my guy is in office.

 

[Ahlevah]

Notice I complain about the spending when my guy is in office.

I don’t have a “guy.” They all suck. The closest thing we’ve had to an actual president in my lifetime was probably Eisenhower.

 

[Revelation]

I agree. We are crazy with all the spending, but I am not hoping for an economic collapse.

very good.

but Just, you need to understand what you are looking at; an Economic collapse is just another tool to move the Economy, and the sheep to a new level that the Oligarchy wants you to.

we WILL have an Economic collapse.

the Powers that be have already baked that in to their next moves.

the Collapse will be worse than 1929 and you must accept the results they hand to you.

the Rich will not suffer as usual, but you will.

the Sheep will not prepare for this, they never do because our Leaders will never hurt us in such a way. this is all for our own good.


Everybody go back to sleep. pay yur bills and show up for work on time.


blessings, 2 days.


.

 

[Ahlevah]

very good.

but Just, you need to understand what you are looking at; an Economic collapse is just another tool to move the Economy, and the sheep to a new level that the Oligarchy wants you to.

we WILL have an Economic collapse.

the Powers that be have already baked that in to their next moves.

Yeah, I think the asset bubbles fueled by massive Fed liquidity and cheap money will eventually deflate. But I don’t see them as part of an oligarchic conspiracy to steal peanuts from the masses. The reason some people are rich and others poor in this environment is the rich people own inflating assets like stocks and real estate, while poor people depend on increasingly debased dollars from wages, pensions, or government benefits. When the stock market does implode, the biggest losers will actually be older Americans who hold about 80% of all publicly-traded stocks. Former Merrill Lynch and Gluskin Sheff Chief Economist David Rosenberg has argued that this could accelerate any downward slide as these people panic because they know they don’t have time to recoup losses.

https://www.nasdaq.com/articles/older-americans-now-own-80-of-the-stock-market-heres-why-thats-a-problem?

the Collapse will be worse than 1929 and you must accept the results they hand to you.

We’re really in uncharted territory, so I don’t think anyone knows with any degree of certainty what will happen. Up to this point, massive fiscal and monetary reflationary stimulus has been able to keep the merry-go-round going. And yet we seem to have some deep and widening cracks in our social fabric. Basic logic leads me to conclude that there has to be a limit to both the reflating and its consequences. The only question is when will those points be reached? Japan has been juggling a national debt that is 250%-260% of GDP for more than a decade, more than twice ours, and their demographic prospects are considerably worse than ours. It has a more cohesive populace than we do, but even the normally docile and stoic Japanese are beginning to grumble about their cost of living. Now some politicians want to fund more stimulus. Central banks all over the world are operating under a new set of rules—with an alphabet soup of loan facilities and swaps arrangements, QE, lending windows, etc.

https://finance.yahoo.com/news/japanese-bonds-tumble-fiscal-worries-074946305.html

the Rich will not suffer as usual, but you will.

Many of them will lose a lot of money, but they’ll be better able to sustain life’s basics. Those holding large amounts of cash equivalents, like Berkshire’s Warren Buffett and Quantum Fund cofounder Jim Rogers, will clean up buying assets on the cheap.

the Sheep will not prepare for this, they never do because our Leaders will never hurt us in such a way. this is all for our own good.

Greed (avarice) is listed second on the list of deadly sins. It’s going to sink a lot of boats in the next significant stock market swoon.

Everybody go back to sleep. pay yur bills and show up for work on time.

Reduce risk, try to put away a few acorns, and buy ammo.

blessings, 2 days.


.

Amen, brother.

 

[Gatsby]

I'd say the Late Bronze Age Collapse of 1177 BC, the Volcanic Winter of 536 AD, and the Black Death of 1348 were probably worse.

 

[Revelation]

Yeah, I think the asset bubbles fueled by massive Fed liquidity and cheap money will eventually deflate. But I don’t see them as part of an oligarchic conspiracy to steal peanuts from the masses. The reason some people are rich and others poor in this environment is the rich people own inflating assets like stocks and real estate, while poor people depend on increasingly debased dollars from wages, pensions, or government benefits. When the stock market does implode, the biggest losers will actually be older Americans who hold about 80% of all publicly-traded stocks. Former Merrill Lynch and Gluskin Sheff Chief Economist David Rosenberg has argued that this could accelerate any downward slide as these people panic because they know they don’t have time to recoup losses.

https://www.nasdaq.com/articles/older-americans-now-own-80-of-the-stock-market-heres-why-thats-a-problem?

We’re really in uncharted territory, so I don’t think anyone knows with any degree of certainty what will happen.

the Oligarchs and Central Bankerz know EXACTLY what will happen: they created this mess.


now Orange guy has just announced a 1929 Depression coming our way....


Uh Oh! Heads-Up !!! Trump Talking '1929 Depression'-- Setting Stage to Blam,he's setting the public relations stage for a 1929-style economic crash and depression and also setting the stage for BLAMING THE COURTS.e the Courts

When the President mentions "1929 style jeopardy" think about what happened:

Banks collapsed. Stock and Bond Markets collapsed. Businesses closed. Money dried up. Food lines. Food riots.

There was no FDIC Insurance for account holders. Now, there is . . . . but by all measures, it's currently "broke."

Sure, Congress can legislate to give it more money, but the government itself is ALSO BROKE. No one wants to lend them any more money because they're already 37.5 TRILLION in debt, and have to use almost 25% of current tax revenues just to pay INTEREST.

Up to this point, massive fiscal and monetary reflationary stimulus has been able to keep the merry-go-round going. And yet we seem to have some deep and widening cracks in our social fabric. Basic logic leads me to conclude that there has to be a limit to both the reflating and its consequences.

The only question is when will those points be reached? Japan has been juggling a national debt that is 250%-260% of GDP for more than a decade, more than twice ours, and their demographic prospects are considerably worse than ours.

Germany will implode economically first.

Japan will be next.

USA will fail after these two countries go down as i have stated in other thread. study Economics or Prophecy, both disciplines will TELL you that this is their agenda.

the Sheep are cooked.

It has a more cohesive populace than we do, but even the normally docile and stoic Japanese are beginning to grumble about their cost of living. Now some politicians want to fund more stimulus. Central banks all over the world are operating under a new set of rules—with an alphabet soup of loan facilities and swaps arrangements, QE, lending windows, etc.

https://finance.yahoo.com/news/japanese-bonds-tumble-fiscal-worries-074946305.html

Many of them will lose a lot of money, but they’ll be better able to sustain life’s basics. Those holding large amounts of cash equivalents, like Berkshire’s Warren Buffett and Quantum Fund cofounder Jim Rogers, will clean up buying assets on the cheap.

yep, basically a re-run of 1929; you might say this is one way the Rich get Richer friends.

Greed (avarice) is listed second on the list of deadly sins. It’s going to sink a lot of boats in the next significant stock market swoon.

Reduce risk, try to put away a few acorns, and buy ammo.

good advice. and get a shovel too for that Backyard Bunker you have been thinking about...

now is the time.

Amen, brother.

um yeah: amen brother.


blessings. today is Zero day; any questions?

.

 

[rhinefire]

Is it true a recession has occurred under every republican president?

 

[NolanVoyd]

No clear focus but America First.

If Trump thinks his economic policies put America first he is a full blown idiot

 

[yankintx]

There were lots of bad times in history that I'm glad I didn't live through. In modern times, I think that the Great Depression scares me the most as a parent. Those parents had to deal with hungry kids and very limited prospects for many years, which must have been just awful. Then, if you made it through that, a lot of those kids got shipped right off to war. Take a minute and think about that part of it.

The greatest generation by far.

I can't imagine the current generation of young folks putting down there cell phones long enough to pick up a gun to defend Democracy. They would be far too busy posting pics from the front line on Instagram to get likes.

That sums up this generation to a T.

 

[Helix]

The greatest generation by far.

I can't imagine the current generation of young folks putting down there cell phones long enough to pick up a gun to defend Democracy. They would be far too busy posting pics from the front line on Instagram to get likes.

That sums up this generation to a T.

They are among the strongest people that I have met. It's taken me a while and a lot of experience to recognize that.

 

[Revelation]

Souldn't this be in the Conspiracy Theories forum?

nope. this is Main stream people.

learn Economics and come back. by then the Collapse will be complete and you can write the Last Chapter.



blessings. Zero days.


In 31 days EVERYTHING changes for the U.S. dollar -- and Trump knows it | Redacted

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[NolanVoyd]

nope. this is Main stream people.

learn Economics and come back. by then the Collapse will be complete and you can write the Last Chapter.



blessings. Zero days.


In 31 days EVERYTHING changes for the U.S. dollar -- and Trump knows it | Redacted

.

How many days have you been saying "zero days"?

 

[Revelation]

How many days have you been saying "zero days"?

well according to my Experts, we are at Zero.

any thing you wanna measure: Economy, Politics, War, Environment, Social conditions, Religion or Prophecy


we are at Zero.


September my experts say it all goes into motion. your Dollar will be done, so stock up yur bunker or go up with us to Gold street.

blessings. Zero days.

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