Global bonds fall $2.6T — its worst since 2008 financial crisis

After 10yr soars, and markets begin full plummet, starting with tech,
as oil and other commodities redline into mass demand destruction, with the whole economy entering full-blown deep recession or greater depression,
I will be rotated 90/10 into PM's/cash awaiting the biggest BTFD moment in modern history...assuming WWIII doesn't go scorched earth nuclear, ending all markets except the black one.

And how will we know when the everything bubble bottom has been finally reached and it's safe to YOLO back into stocks?
The price of one ounce of gold will equal...and then exceed the price of the total DOW index!

...as it did in the last everything bubble crash of 1929.

Last Edited by TerraFirma's Esoterrorist on 03/26/2022 07:12 PM

Bidens not done yet.

Hahahaha… O’my

an we do make stuff we are number 1 boogie board producer

I started this thread from work, not logged on.

This is not just a US problem but a world problem. China may be the canary in the coal mine.

A couple of months back when Fed rate hikes were becoming a close certainty I read that China was saying they didn’t want the US to raise rates. I found it odd they would take this position, but there economy is in bad shape. Real estate makes up about 30% of the Chinese GDP as compared to 18% in the US. We all know the problems the developers are having and it is unsure how much it is costing the central government as they try to shore it up behind the scenes, or what impact it is having on other sectors.

A few weeks ago I read an article about the Chinese guy that couldn’t pay his short that halted the nickel markets. Turns out he is an owner of a huge steel company in China and speculation was his bet was in hopes to shore up his steel company but either way he didn’t have the funds to cover the short. The jist was that the Chinese steel industry is going bust due to debt and the failing development industry.

The article went on to discuss the “ghost cites” we have all heard about over the years. Basically they are just a ponzi type scheme to keep Chinese gdp growing and not imploding. Basically the units are built, and probably aren’t even inhabitable but are sold off to investors. These units may be resold many times without anyone ever living there. Also, like the sub prime mortgages, they are split up into pieces and sold off as bonds to investors all over the world. They said Canadian banks have some crazy amount of exposure (can’t remember the amount) as do many others.

China’s debt bubble may have already popped but the central government is doing its best to hide it, which it can do for now but for how much longer is unknown. Their fake numbers, which we all have suspected for years, didn’t prevent increased investment into debt instruments which help to fund the Ponzi scheme. Once it really blows wide open the whole worlds credit system will sieze up making the Lehman thing look like nothing. What should have happened in 2008 will happen but 10 times worse

Good luck!

Dont you mean "two more weeks"?

There will be a transition and I hope you hit it big, I’m just going to be farming my land shooting deer and enjoying watching my kids grow like I have for the lsat couple years. In 1929 men were traveling the nation looking for work. Sad times for kids growing up no doubt, I hope we don’t see that and that people read up real quick on the possibilities.

This seems like the smart play but we can’t be sure how governments will respond. The biggest risk for PM will be confiscation. It wouldn’t be the first time. The next best thing would be a safe currency but not sure that even exists but people have always flocked to the dollar. Market (stock, pm, bond) and currency manipulations are so far outside anything ever seen in the history of man we can’t rely on historical comparisons, like the Great Depression.
Maybe the motto of the great reset, you’ll own nothing and be happy” is only the fist half with the second being “ to be still alive”.

I wish you the best!

If you look at the Great Depression and go back and read everyday newspaper articles and not just the overall history you will see how bad it was and the societal decay. Now, if you look at today’s society, the crime, lack of work ethic, moral decay, generations on handouts, racial tensions and so on, at a time when things are relatively good and then throw that into serious economic collapse one can imagine how bad it will get.

Cool, now I can get more than .05% on my savings account.

Hmm, so your just waiting for the neighbor to die from the vax jab before you break in and steal the guns, ammo and survival grub.

Of course if the roles are reversed... you'll booby~trap your pile of gold bars... such needless retort.

Might be better to work together on the coming madness instead; two brains are twice as effective; twice the skill set; twice the firepower.

Dabrute,

I’m with you, no way is there any other country that could have what we provide as a world currency. No matter how upset a country gets it has made the world very rich. In ancient times there were things like the Silk Road that made countries very wealthy. America has created with the help of the world an international Silk Road. We are very fortunate to live here and be the beneficiary of that. It has spread to the farthest reaches of the globe. As long as a country is not self sustaining and does not want to be part of that wealth it will hold itself together like a weave.

this. gold has no ceiling because the floor for the dollar is ZERO.

gonna get bumpy when the premiums start flying higher and higher and gold kicks into the "100 dollar days" and then possibly the 500 and 1000 dollar days.

the price of whatever you are saving up to buy will go up by much more,

We knew this nearly 30 years ago when Bill Clinton pushed MFN status for China. (Most Favored Nation)

Nobody has done anything about this for 30 years .. think about that!

The huge sucking sound that Ross Perot warned us about has nearly drained whatever was left of our industrial/manufacturing base.

All we do is write software. We don't make anything ...

Learn to code!
Wipe your ass on that coding shit.

So in a way you can cheat the system of the stock market by artificially inflating your equity but if you get called out one time you are screwed. It’s very interesting to me and at sometimes overwhelming how complex that the world economy is. There are many facets.

they are taking the destructive welfare model they used to dismantle the indians and blacks and aiming it at everyone now, and in every spectrum as well. it'd be better if people saw whips and chains they might have some idea of how dire the situation actually is.

I was thinking the same thing about used cars.

Till the door slammed in my face.

It never occurred to me they would just stop making new ones.

Their excuse? Sand shortage.

My excuse? Stupidly didn't prep for a sand shortage.

I wonder how the people in USSA will feel when their 401ks go to ZERO.

They'll still worship Biden as the greatest President and get their 4th booster shot.

You cant fix stupid you just gotta give them 18 months to clot from the Aids Vaxx shot.

Biggest shortage coming soon will be Caskets.

Caskets will be in high demand as people die from the Aids Vaccine aka clot shot.

I think food and water will Trump everything soon.

Without water you dead, same with food.

I think we are being de-evolutioned aka walking backwards here to never go forward again.

Pray I'm wrong but this is what I see, in plain english, we are screwed.

I would love to see large institutions go completely bankrupt. Love to see wall Street firms collapse

Oh my heavens, everywhere I go there is a shortage in USSA. You live in la la land sorry. America is being destroyed from within with Obama's 3rd term.

What do you think Build Back Better means?

It means Obama is going to burn it all down and build back better after its been burnt down.

Reason for the big push to vaxx us all to die in 18 months.

You've seen nothing yet, America is on life support, all it takes it Russia to pull the plug, and we are dead.

They'll pin USA against Russia soon and guess who will win?

China - that is what you do with two super powers you let them both kill each other off and then enjoy the spoils of war when China has a 200 million man army.

Well get your popcorn ready cause America is Mystery Babylon in one hour it'll be destroyed.

Since stock are hard assets shouldn’t continue to increase in price as dollar decreases.

Stocks? Hard assets? Are you huffing diesel?

I would tend to agree but greed and corruption have left us in a pretty bad position, even those of us who agree on this point do not agree on what it will take to fix it. GLP has a great cross section of people who see and discuss our problems but solutions presented here are full spectrum and shows how difficult it will be to bring us together.

I also feel blessed to have been born in the US. I have had a very good life so far and wouldn’t trade it for any chance somewhere else. Yet now I look at my young grandchildren and should see hope and my own success but sometimes i am just afraid of our failure. It is hard to fight what is wrong when you are happy and content. Even if we weren’t blind to where and how we were being led we might as well have been.

Since I got the vaxxs, three Moderna in all, my dick is longer and teeth whiter. Operation Warp Speed was President Trump’s miracle. He made my dick great again,

It all has to happen on Biden's watch. You know, the President of the defunt corporation. Oct will end with the start of TRUTH and justice (ding dong, the witch goes down on Halloween eve), arrests and revelations running tru until election day.

Then the red wave TSUNAMI will occur, and we finally TAKE our country BACK!