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| 11:03 AM | ||
| Users Online Now: 2,334 (Who's On?) | Visitors Today: 960,148 | |
| Pageviews Today: 1,321,415 | Threads Today: 373 | Posts Today: 6,197 |
| 11:03 AM | ||
BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!? | |
Epic Beard Guy
 User ID: 76783046  United States11/18/2019 09:37 PM Report Abusive Post Report Copyright Violation | The time to prepare is now. Prepare for the worst, and hope for the best. Hope for the best, but prepare for the worst. "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe |
| Anonymous Coward User ID: 78098821 United States11/18/2019 09:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77388702 United States11/18/2019 09:44 PM Report Abusive Post Report Copyright Violation | The economy is not going down, it is continuing it's climb to new heights. The liberal Trump hating ass-holes, like Zerohedge, would love to see a crash, but it's definitely not going to happen before the election, and probably not for quite a while after that. We all know it's coming. Barry the Imposter kicked the can down the road, with the help of the Rothschild's unconstitutional central bank. The damage done hasn't gone away, it has just minimized by President Trump's great economic policies. The market is still way over priced, and there will be a correction. When it comes, it could be very bad, or President Trump's policies could make it a minor recession. Only time will tell. Quoting: Epic Beard Guy The time to prepare is now. Prepare for the worst, and hope for the best. that violates the official GLP policy of planning for the best and hoping for the worst . |
| Anonymous Coward User ID: 76342643 United States11/18/2019 09:45 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78179184 United States11/18/2019 09:48 PM Report Abusive Post Report Copyright Violation | The stock market is not the economy. The economy is crashing and the stock market is being artificially propped up Quoting: Anonymous Coward 76342643 the stock market is where they buy OWNERSHIP of the means of production. the means of production are auctioned off to organized crime with Fed money and you dumb sheep let them take it from you like candy from babies. |
| Anonymous Coward User ID: 64865775 United States11/18/2019 09:49 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73809806 United States11/18/2019 09:57 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78098821 United States11/18/2019 09:59 PM Report Abusive Post Report Copyright Violation | This will be filed away with all the other failed predictions of economic doom. See just a few in the related threads section below. Do a search here on GLP on the economy and see the 1000's of threads started since 2009 predicting the same thing this article claims. All bullshit. Will it all come tumbling down? Yup. But it hasn't in the last 10 years yet there were 1000's of these threads. Just do your part and stay positive. Love and trust in the Lord Jesus Christ. Repent. If you die, fine. No fear. You're saved. |
| Don Draper from Nantucket
(OP) User ID: 57553864 United States11/18/2019 09:59 PM  Report Abusive Post Report Copyright Violation | Fuck off OP, the economy crashes like a thief in the night planned by the elite. Most people weren't prepared for the obama/bush transition in 2008. Blamed on the "housing bubble" . Some were tho I'm sure. Quoting: Anonymous Coward 77967733 We are wiser and more prepared now. Not that it matters. See my first sentence. Most of you people sound just like the trolls in 2007 that said all is good with the economy....well a fool and their money soon depart!.....Well  PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
| Anonymous Coward User ID: 76062354 United States11/18/2019 10:01 PM Report Abusive Post Report Copyright Violation | No matter how hard they try, they have not been able to reverse our economic momentum. Quoting: Don Draper from Nantucket And many people believe that what we have seen so far is just the tip of the iceberg. In fact, trends forecaster Gerald Celente is convinced that we are heading for “the Greatest Depression”… You think you have a crisis in a country near you now? You haven’t seen anything. When the Greatest Depression hits, people are going to be escaping violence, poverty, corruption — civil wars are happening in front of everybody’s eyes. And you think you’ve got a homeless problem in a city near you? You haven’t seen anything. You are going to see homeless everywhere. This is out of control and it’s going to only get worse as the global economy slows down… And you know what? He’s right. What is coming is going to make 2008 look like a Sunday picnic, and our society is completely and utterly unprepared for what is about to happen. Just to confirm this I have never seen so many houses on the market where I live. Just a few months ago you couldn't find a home here now there are over 780 homes on the market. Same here where I live. Some houses have been on the market for over 14 months. |
| Clapton's Doctrine
User ID: 76062354 United States11/18/2019 10:04 PM Report Abusive Post Report Copyright Violation | Last Edited by Clapton's Doctrine on 11/18/2019 10:04 PM Red is Truth Around Here. Always Has Been. |
| Clapton's Doctrine
User ID: 76062354 United States11/18/2019 10:05 PM Report Abusive Post Report Copyright Violation | Fuck off OP, the economy crashes like a thief in the night planned by the elite. Most people weren't prepared for the obama/bush transition in 2008. Blamed on the "housing bubble" . Some were tho I'm sure. Quoting: Anonymous Coward 77967733 We are wiser and more prepared now. Not that it matters. See my first sentence. Most of you people sound just like the trolls in 2007 that said all is good with the economy....well a fool and their money soon depart!.....Well They'll look pretty fucking stupid soon enough. Hell, they already look insane as it is. Red is Truth Around Here. Always Has Been. |
| Anonymous Coward User ID: 78045198 United States11/18/2019 10:07 PM Report Abusive Post Report Copyright Violation | Economic skeptics: lol idiots youve been saying the economy will crash foe years! Quoting: Anonymous Coward 77997113 The Fed: Prints another $60 billion a month to buy equities owned by the 1% which the American taxpayer has to foot the bill for eventually. It's so stupid it's almost beyond belief. Anyone that constantly rags on sites like zerohedge because the economy hasn't crashed yet is displaying zero understanding about the financial system. The truth is the average citizen is getting poorer thanks to the Government, and the Elite who drive Policy. Nothing to do with productive people. |
| Clapton's Doctrine
User ID: 76062354 United States11/18/2019 10:11 PM Report Abusive Post Report Copyright Violation | By what metrics? Your 401K? The stock market has never been the sole initial indicator of a downturn economy. In fact, the housing market is normally where you initially start to see a downturn before a large bust. The housing market has been down for months now, and it's getting worse. Red is Truth Around Here. Always Has Been. |
| Anonymous Coward User ID: 77827848 United States11/18/2019 10:11 PM Report Abusive Post Report Copyright Violation | Not a crash. They will let hyper inflation rob everyone of their houses, cars, debt. The US dollar in the end will rebound, but everyone that didn’t have money in the bank, and living debt free will be in a world of hurt. Rich get richer ya know? |
| Clapton's Doctrine
User ID: 76062354 United States11/18/2019 10:14 PM Report Abusive Post Report Copyright Violation | Not a crash. Quoting: Anonymous Coward 77827848 They will let hyper inflation rob everyone of their houses, cars, debt. The US dollar in the end will rebound, but everyone that didn’t have money in the bank, and living debt free will be in a world of hurt. Rich get richer ya know? Wrong. It's not just rich people who trade or invest. Sell offs will no doubt happen when Uncle Joe can't make his mortgage payment. This is economics 101, fucking hell. Red is Truth Around Here. Always Has Been. |
| Anonymous Coward User ID: 78045198 United States11/18/2019 10:16 PM Report Abusive Post Report Copyright Violation | Bullshit, we just received record profit and sales numbers Quoting: Jake dow going to 20,000+ Zero hedge is a Russian Propaganda arm. How can they manipulate and keep the stock markets going up to new record highs every single day when the US economy has already crashed is another story. After all, stock markets 'are' a leading indicator. However, the fact and reality is that today's corrupt and rigged system is telling all of us this: the data doesn't matter anymore, and 'they' the manipulators have incredible-corrupt-powers and they will only crash the markets when 'they' want to crash it. That's a crystal clear proof and evidence of how corrupt and rigged the entire world we are living in today really is. And the more that the elite-super-rich class becomes even richer, more powerful and full of tricks the more corrupt and distorted world we will be experiencing in our lives. |
| Silver bird User ID: 75436794 United States11/18/2019 10:16 PM Report Abusive Post Report Copyright Violation | The economy is booming the best in American history. Fed Qe 4, repo operation, 3rd farmers bailout, consumer debt, 23 trillion debt, 150 trillion derivatives, housing bubble, 1 trillion student loan debt, lower interest rate, value of dollar gone and the list goes on and on. Remember all fiat currencies collapse this one is no exception. I’m a big trump supporter but dam if we are booming one of these things should be getting better. |
| Anonymous Coward User ID: 78045198 United States11/18/2019 10:24 PM Report Abusive Post Report Copyright Violation | Two consecutive quarters of NEGATIVE GDP growth, not likely at this juncture. The GM strike is settled so there's no drag on the economy from that. Earliest we'd be in a recession is after the first quarter of 2020, and given data lag we'd find out about it mid to late April of next year. Without government spending, GDP would worse. It is convenient to have government spending as part of GDP. |
| Anonymous Coward User ID: 76365612 United States11/18/2019 10:31 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25889588 United States11/18/2019 10:36 PM Report Abusive Post Report Copyright Violation | The problem with quoting zerohedge is their record of being wrong. You can claim boom or bust every day and you will be correct much less than wrong. We have had a good run and a downturn is certainly in the future, tomorrow or years from now. You should be invested in a variety of areas. Never exspect any single stock or metal or sector to be your sole investment. The younger you are the more risk you should take and the older the less. Quoting: Anonymous Coward 75583697 Zerohedge is an arbitrator of articles from other sources. Most of the stuff on Zerohedge is more accurate than anything on MSM. |
| Anonymous Coward User ID: 53651439 United States11/18/2019 10:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77963234 United States11/18/2019 10:59 PM Report Abusive Post Report Copyright Violation | |
| Shingen
User ID: 77748479 United States11/18/2019 11:06 PM Report Abusive Post Report Copyright Violation | Let it crash. It's time for a reset anyway. "Anarchism is not a romantic fable but the hardheaded realization, based of five thousand years of experience, that we cannot entrust the management of our lives to kings, priests, politicians, generals, or county commissioners." - Edward Abbey "But whether the Constitution really be one thing, or another, this much is certain - that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist." -Lysander Spooner "If they take the ship, they'll rape us to death, eat our flesh, and sew our skin into their clothing, and if we're very very lucky, they'll do it in that order." - Firefly |
| Anonymous Coward User ID: 76720150 United States11/18/2019 11:10 PM Report Abusive Post Report Copyright Violation | [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Authored by Michael Snyder via TheMostImportantNews.com, I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to keep us from officially slipping into a recession, and the federal government is literally spending money as if tomorrow will never come, but all of that intervention has not been enough to reverse our economic momentum. We are really starting to see conditions begin to deteriorate very rapidly now, and 2020 is already shaping up to be the most pivotal year for the U.S. economy since 2008. More must read at link!! Again? This is the 100th time it was going to crash this year When the fuck is it going to happen? I keep stocking up on shit, then when the threat passes I use my stash up, guess I'll go get some more stuff,lol I need some more bullets anyways lol I hope you are right this time Lmfao |
| Anonymous Coward User ID: 77606053 United States11/18/2019 11:11 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 7184195 United States11/18/2019 11:21 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78040912 United States11/18/2019 11:26 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 7184195 United States11/18/2019 11:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 72868833 United States11/18/2019 11:30 PM Report Abusive Post Report Copyright Violation | [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Authored by Michael Snyder via TheMostImportantNews.com, I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to keep us from officially slipping into a recession, and the federal government is literally spending money as if tomorrow will never come, but all of that intervention has not been enough to reverse our economic momentum. We are really starting to see conditions begin to deteriorate very rapidly now, and 2020 is already shaping up to be the most pivotal year for the U.S. economy since 2008. More must read at link!! |
and after giving family my special koolide...