Is an economic COLLAPSE coming?

Topic by noname

Noname

Home Forums Money Is an economic COLLAPSE coming?

This topic contains 34 replies, has 21 voices, and was last updated by Old Heyoka  Old Heyoka 1 week, 3 days ago.

Viewing 20 posts - 1 through 20 (of 35 total)
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  • #715844
    +6
    Noname
    noname
    Participant
    667

    Informative 10 min video.

    0:18 – Previous economic crashes
    0:58 – Factor 1: Digital revolution, automation, and the Amazon effect
    3:45 – Factor 2: The auto industry bubble
    4:40 – Factor 3: The Housing market shift
    6:09 – Factor 4: The student loan crisis
    7:42 – Factor 5: Baby boomers can’t retire

    We are what we repeatedly do. Excellence, then, is not an act, but a habit. - Aristotle

    #715850
    +4
    Foolsgold
    foolsgold
    Participant
    2321

    The next collapse we get will make the last one look like a walk in the park. Btw, good video. What wasn’t mentioned was health care and health insurance are also sinking people left and right. We are in big trouble and people are too stupid to see it or they’re in denial. Watch it burn.

    #715855
    +5
    TaxGuy
    TaxGuy
    Participant

    Factor 6: Cryptocurrencies. When people start to realize that no government can inflate away the value of a bitcoin. Then every country’s currency becomes worth the price of Charmin.

    You can’t borrow your way to prosperity.

    We all get what we tolerate

    #715856
    +3
    MG-ɹǝʍoʇ
    MG-ɹǝʍoʇ
    Participant

    Debt slavery is collapse! Don’t owe your soul to the company store! The transfer of wealth to the elites has been nothing less than gluttonous! The middle class has been obliterated by this siphoning, leaching, and destruction of wealth!

    #715862
    +1
    Jan Sobieski
    Jan Sobieski
    Participant

    https://en.m.wikipedia.org/wiki/List_of_countries_by_external_debt

    Love is just alimony waiting to happen. Visit mgtow.com.

    #715864
    +3
    Heavicidal
    Heavicidal
    Participant
    3961

    I agree with MG-TOWER on this one. An economic collapse has been brewing for a long time. We are the 99% that has been robbed and looted and left penniless and indebt. The USA will implode and the only strategy I see working is self-reliance and subsistent farming.

    I wouldn’t rely on the Digital economy. All of this Digital technology hasn’t been around for very long and a big solar storm could knock it all out and transistor technology will be garbage. The next “Carrington Event” would be a disaster for the Digital Economy.

    #715865
    +2
    Balaam(NFG)93
    Balaam(NFG)93
    Spectator
    2108

    NFG.

    I’m set for life. I know what to do. I’m already wealthy. It’s just a matter of time before my wealth expend.

    The population are just a bunch of f~~~tards.

    Credit card debt, car notes, mortgages, student loans. Some s~~~heads even borrow money from the banks, to party! WTF?! S~~~ting out bastards they can’t afford, expensive weddings. You name it.

    The elites already enslave 99% of the population. Yet, the f~~~wits are ignorant of the matter.

    The banks took over decades ago. Creating money out of thin air, and lending it with high interest. F~~~, I love the banks.

    That’s why I want to become a wall street banker. Where the money is, that’s where my heart is.

    NFG!

    #715871
    +3
    MG-ɹǝʍoʇ
    MG-ɹǝʍoʇ
    Participant

    The USA will implode and the only strategy I see working is self-reliance and subsistent farming.

    I’m going larger and larger every year on farming for subsistence! I still have one last Zucchini from fall after giving a few dozen away! I’m learning about soft rock acid neutralizers and brushing up on carbonates and bicarbonates. I vigilantly test the soil and nutrients then formulate my own fertilizer and PH plan. I grow some pretty fat healthy plants chocked full of nutrients! My first round of germination starts next month!

    Every year is different depending on sun, rain, and temperature. Plants don’t just grow by themselves, they need your help! I want more fruit trees! Peaches are the easiest to grow! Apples have pests and pears are stubborn at best. Obi-wan recommended planting Ginseng in the woods. 50 years ago nobody would have believed urban farming would have, or could have come to places like Detroit, or here in B.C.F.C.! Urban farming is here to stay as the rich get richer, and the poor get poorer! One thing I delight in is the fact that my veggies are more delicious and nutritious than the s~~~ the Rockefellers and the Vanderbilts eat!

    #715877
    Balaam(NFG)93
    Balaam(NFG)93
    Spectator
    2108

    The USA will implode and the only strategy I see working is self-reliance and subsistent farming.

    I’m going larger and larger every year on farming for subsistence! I still have one last Zucchini from fall after giving a few dozen away! I’m learning about soft rock acid neutralizers and brushing up on carbonates and bicarbonates. I vigilantly test the soil and nutrients then formulate my own fertilizer and PH plan. I grow some pretty fat healthy plants chocked full of nutrients! My first round of germination starts next month!

    Every year is different depending on sun, rain, and temperature. Plants don’t just grow by themselves, they need your help! I want more fruit trees! Peaches are the easiest to grow! Apples have pests and pears are stubborn at best. Obi-wan recommended planting Ginseng in the woods. 50 years ago nobody would have believed urban farming would have, or could have come to places like Detroit, or here in B.C.F.C.! Urban farming is here to stay as the rich get richer, and the poor get poorer! One thing I delight in is the fact that my veggies are more delicious and nutritious than the s~~~ the Rockefellers and the Vanderbilts eat!

    Get rich, or die disgraced.

    #715878
    +1
    PistolPete
    PistolPete
    Participant
    21971

    Can’t happen soon enough to suit me.

    #715881
    +2
    Balaam(NFG)93
    Balaam(NFG)93
    Spectator
    2108

    Can’t happen soon enough to suit me.

    Ain’t you a Christian, Pete? I don’t think Lord Jesus wants his followers to have such an evil mindset.

    I don’t want to see you in hell brother. Be careful.

    #715883
    +2
    MG-ɹǝʍoʇ
    MG-ɹǝʍoʇ
    Participant

    Get rich, or die disgraced.

    What a man considers riches can sometimes be a disgrace! Wealth has nothing in common with riches.

    Can’t happen soon enough to suit me.

    Wassamatta Pete, did you drop and damage a gun? Chip a scope lens?

    #715886
    +2
    BigD
    BigD
    Participant
    2039

    It’s not if, it’s when. On the other hand, when will the next economic boom happen? It’s not if, it’s when. The call for collapse has been going on for decades. Mostly fear mongering. Just remember how to get your food and how to make your shelter. In the long run, that’s all anyone truly needs.

    Don't stick your dick into anyone you aren't willing to put up with for eighteen years and nine months.

    #715896
    +1
    743 roadmaster
    743 roadmaster
    Participant
    2324

    IF Hildabeast would have won, I would say in the next 4 years. No economy can sustain over half the population not working and only a fraction paying taxes. Trump has changed the format. More people working, more business, more money changing hands in the local community. If Trump is able to set in motion more reforms collapse will not happen in our lifetime.

    EU might more sooner then later, but Asian/US trade could keep going with out the EU.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #715897
    +1
    Old Heyoka
    Old Heyoka
    Participant

    Buy Silver.
    Long term.

    Why?

    I have no f~~~ing idea. Just do it.

    Allways give your All. Never give Up.

    #715913
    +2
    Faust For Science
    Faust For Science
    Participant
    14279

    Buy Silver.
    Long term.

    Why?

    I have no f~~~ing idea. Just do it.

    The reason is simple. Gold is a thousand dollars and ounce. Silver is between $10 to $20 an ounce. One can trade an ounce of silver for a few meals and still break even. An ounce of gold for a few meals would be wasteful.

    Also, while many governments, including the U.S. federal government have worked to seize gold in the past, silver has been overlooked on occasion.

    In addition, old “silverware” from a century ago or older can contain silver. So if you inherit such “heirlooms” as old silverware, do not throw it away.

    #715921
    Carnage
    Carnage
    Participant
    10941

    Can’t happen soon enough to suit me.

    Ain’t you a Christian, Pete? I don’t think Lord Jesus wants his followers to have such an evil mindset.

    I don’t want to see you in hell brother. Be careful.

    Hey Pete don’t worry

    My god is death. I don’t know if your god exist, I don’t know if will meet it, but I’m sure you and I, we both will meet mine.

    #715925
    +1
    Carnage
    Carnage
    Participant
    10941

    Collapse won’t happen, we will have a few crisis, a crypto bubble here and there, we will go cashless.

    But there won’t be a collapse, anyway if there is a colapse I will eat anyway, if I can’t survive with my profession, my lack of empathy and alien will keep me fed, even if I have to eat others.

    I COULDNT CARE LESS.

    My god is death. I don’t know if your god exist, I don’t know if will meet it, but I’m sure you and I, we both will meet mine.

    #715946
    +1
    Faust For Science
    Faust For Science
    Participant
    14279

    Collapse won’t happen, we will have a few crisis, a crypto bubble here and there, we will go cashless.

    A person would have to be an idiot to believe the gun loving, red blooded Americans whom put the first nationalist in the White House since President Eisenhower, as a f~~~ you to globalism, whom have been insulted and attacked for two solid years by the minions of globalists, would allow a cashless system to rule over them that is run and owned by the same type of globalist, censorship technocrats at google, youtube, and twitter, whom would then be able to destroy their saving with a few keystrokes for daring to want to a future beyond abject poverty and brutal slavery.

    The only question I really have for the original poster is which collapse he is talking about? The pension collapse? The welfare collapse? The collapse of the greenback as global currency? The collapse of civil society, the media and academics are doing their best to cause this type of collapse?

    The globalists have so divide the U.S., the U.S. is now experiencing a cold civil war. The only real question left is when this s~~~ is going to go hot? And the SJWs are trying to make that happen.

    The U.S. has already had a few close calls such as the continued political coup attempts of President Trump, the assassination attempt of Republic Congressmen by a democrat, and the constant attacks of Trump supporters.

    Though, President Trump has also responded in a more civil, through more thorough f~~~ you way with his Tax Cut which eliminates the Obamacare mandate, opens up more oil drilling in Alaska, and no only cap SALT deductions, which royally screws over the high tax state governments because the locals there can no longer pass on the price of these taxes to the federal level by the deductions, but also makes these deductions for everyone, meaning the people in those states with low tax levels will have more money in their pocket, strengthening and bettering their lives.

    Still, like all idiots, these minions of globalists continue to double-down on their stupidity.

    If these SWJs try to target politicians whom support President Trump’s policies the s~~~ is going blowback on them real quick: http://www.thegatewaypundit.com/2018/01/st-louis-alt-left-militia-leader-calls-radicals-dox-show-legislators-houses/

    #715948
    +1
    Old Heyoka
    Old Heyoka
    Participant

    Buy Silver.
    Long term.

    Why?

    I have no f~~~ing idea. Just do it.

    The reason is simple. Gold is a thousand dollars and ounce. Silver is between $10 to $20 an ounce. One can trade an ounce of silver for a few meals and still break even. An ounce of gold for a few meals would be wasteful.

    Also, while many governments, including the U.S. federal government have worked to seize gold in the past, silver has been overlooked on occasion.

    In addition, old “silverware” from a century ago or older can contain silver. So if you inherit such “heirlooms” as old silverware, do not throw it away.

    My intuition tells me that we will go back to a metal based systytm. It will be Silver.

    Years from now.

    Allways give your All. Never give Up.

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