More signs that the great collapse is upon us: Has the date been set?

MindWars

Diamond Member
Oct 14, 2016
42,227
10,743
2,040
The system is breaking apart as we speak.

Retail has taken a brutal pounding over the last several years, and an epidemic of closing stores continues. Jobs have never picked up, despite the optimism. The flaws of the larger economy are compounding, and what has already been for several years a “recession” may soon crumble into an outright great “depression.”
As the X22 Report discusses, the stress points are all there, and absolute destruction is looming over the United States, and the global economy in general. The music has already stopped in terms of Federal Reserve stimulus money; as interest rates soar, the debt implosion becomes little more than a matter of time.

No man knows the day, but it is clear enough that something big is happening.

Beware of the bubbles popping… and the rest of the fallout.



More Signs That the Great Collapse Is Upon Us: “Has The Date Been Set?”
-----------------------------------------------------------------------------

Start March 15th or so is when all this economic bs is suppose to start happening. Of course it will depend on what cards they play with the stock market. People won't see it take effect on that day exactly it is going to trickle on for months down the road.
Like it is said we can only put a band aid on the economy for so long.
 
I am waiting for the fed to raise the interest rates, then the market should take a dive.
 
Retail has brought it on themselves....Years ago JC Penney's would take clothing marked 10 bucks and put their own tags on at 50 bucks.
 
It's funny how one can ask simple questions or state simple facts, and some crazy people start crying conspiracy. Even though no one said anything about that, they label it as such just to ignore the entire issue at hand, or discredit someone so they can feel superior.

Anyway, this thing has dragged on for almost a decade now. It will probably take years more to unwind. But we do know we are getting closer, because the easy money that the zombie system depends upon has begun to be taken away. The bond market has tanked over recent months, erasing trillions. That forces interest rates to rise regardless of central banks.

And we know rates can only rise so much without bringing total oblivion, because there has never been this much debt in the system. It amounts to quadrillions. It has only gone on this long because of zero to negative interest rates (by the way, negative rates have never happened before in recorded history). Because there is more debt than ever before, the coming crisis will be the worst in history.

Keep in mind, there's already a hundred million people in the USA without an income (95 mil not in labor force + 5 mil official unemployed). That's the real reason behind the retail apocalypse.

March 15th debt ceiling debacle might be the snowball that begins the avalanche. Trump's presence may wind up creating gridlock that eventually forces a .gov shutdown. And by the way, all the bankers from Goldman in his cabinet indicate that he's a part of the plan to begin with. Won't go into that in detail here.

My guess, after watching this charade drag out for years, is that they will 1) raise rates, 2) market will tank, 3) they will go to NIRP (negative-interest-rate-policy), and 4) enact QE4, with a Trillion dollar stimulus program.

Also, don't listen to things like the X22 report too much. They're always shouting "the end is nigh", and the apocalypse is always next week. Next week comes, then it's "oh no, I meant next week". And on, and on...
 
If you guys(mindwars,the owl) are so sure about impending financial doom. Why don't you short the stock and bond indexes tomorrow and get rich and then you will be immune from the financial destruction?
 
If you guys(mindwars,the owl) are so sure about impending financial doom. Why don't you short the stock and bond indexes tomorrow and get rich and then you will be immune from the financial destruction?

Again, oversimplifying the issue and asking an irrelevant question.

A few reasons why this is ridiculous.

1) No one can time the market that perfectly,
2) It doesn't happen overnight,
3) It's not the kind of thing anyone will really be immune from,
4) How do you know they're not already doing that? Maybe they've invested in assets that have gone up ten fold or more over the years since the most recent phase of the crisis (2007-2009)?
5) Again, it's not a one-time, overnight kind of thing. It has already been underway for decades now. It goes back to the 1970s, but to summarize the events of this most recent millennium, there have been two phases so far: 2000-2001 tech bubble, 2008 financial collapse. Both bubbles were blown by the Federal Reserve central bank, using low interest rates and easy money. THIS TIME, interest rates have never been lower for longer, ever before. And there has never been anywhere near $20 TRILLION in national public debt alone. Total world debt is in the quadrillions. Can you comprehend what that means? One quadrillion = 1,000,000,000,000,000. And it's MORE than that.

In short, you can't look at things from a singular, short-time perspective.

And by the way, there have been plenty of opportunities to short markets around the world the past few years, and many people have done so. e.g., China in summer of 2015, and America in Sept. 2015 (in late September 2015, we saw the biggest two-day stock market drop in all of history).

There's a bunch of other examples illustrating how unstable and fragile the global economic & financial system has become. If you want to educate yourself, read books by Peter Schiff and Jim Rickards. If that's too much, follow Jesse Colombo (@TheBubbleBubble) on Twitter.
 
The system is breaking apart as we speak.

Retail has taken a brutal pounding over the last several years, and an epidemic of closing stores continues. Jobs have never picked up, despite the optimism. The flaws of the larger economy are compounding, and what has already been for several years a “recession” may soon crumble into an outright great “depression.”
As the X22 Report discusses, the stress points are all there, and absolute destruction is looming over the United States, and the global economy in general. The music has already stopped in terms of Federal Reserve stimulus money; as interest rates soar, the debt implosion becomes little more than a matter of time.

No man knows the day, but it is clear enough that something big is happening.

Beware of the bubbles popping… and the rest of the fallout.



More Signs That the Great Collapse Is Upon Us: “Has The Date Been Set?”
-----------------------------------------------------------------------------

Start March 15th or so is when all this economic bs is suppose to start happening. Of course it will depend on what cards they play with the stock market. People won't see it take effect on that day exactly it is going to trickle on for months down the road.
Like it is said we can only put a band aid on the economy for so long.


yes, its bad out there! 100 million of us have smart phone toy super computers in our pockets and 95% of us have jobs!!
 
yes, its bad out there! 100 million of us have smart phone toy super computers in our pockets and 95% of us have jobs!![/QUOTE]

This is sarcasm, right?

100 million of us also have no jobs, and don't even bother looking for work, therefore are not counted in the official "unemployment" statistics.

47 million people are on food stamps. Obviously the "jobs" that many people have are part-time, minimum wage jobs that don't afford much.

-1x-1.png



I get so sick of baseless assertions with no evidence that lead to ridiculous conclusions.

Please spare the rest of us from your ignorance.
 
yes, its bad out there! 100 million of us have smart phone toy super computers in our pockets and 95% of us have jobs!!

This is sarcasm, right?

100 million of us also have no jobs, and don't even bother looking for work, therefore are not counted in the official "unemployment" statistics.

47 million people are on food stamps. Obviously the "jobs" that many people have are part-time, minimum wage jobs that don't afford much.

View attachment 118585


I get so sick of baseless assertions with no evidence that lead to ridiculous conclusions.

Please spare the rest of us from your ignorance.[/QUOTE]

u6 is where it always has been so there is little to worry about. Sorry to pop your bubble!
 

New Topics

Forum List

Back
Top