The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun | |
Anonymous Coward User ID: 79685474 Canada 06/23/2022 12:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83167714 United States 06/23/2022 12:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 6675762 United States 06/23/2022 12:13 AM Report Abusive Post Report Copyright Violation | |
bluemarble
User ID: 82577448 United States 06/23/2022 12:13 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun no its not Quoting: Anonymous Coward 83698697 you are a idiot a shill pushing and random fear you can you are sick and low IQ how many times can you shills post this retarded shit? no shame here for the mods sick pathetic enjoy being wrong again. LOW IQ Sure its not. youre like the rest of the cattle, go take your fucking booster. Why did biden kill the gas industry, print 80 PERCENT OF DOLLARS IN EXISTENCE. We're going to crash you goddamn moron |
Anonymous Coward User ID: 82810580 United States 06/23/2022 12:13 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun finally. the real cracks are showing. It isn't just talk anymore. the word is that europe goes first. Italy looks like to be the canary in the coal mine. After Italy, it will be time to take all of this shit very seriously. sure, we've all known this was coming. But actually arriving? yah. we're now teetering on collapse. A ramping down is coming. Likely an event before winter. |
Anonymous Coward User ID: 82810580 United States 06/23/2022 12:15 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun Wonder how silver and gold will do? If they would offer a safe place to park $ even though they are nothing more than colored rocks, as Ramsey calls them,that people value. Quoting: Anonymous Coward 83167714 my guess is that the value of gold will stay relative to the value of other goods while cash inflates like crazy. in other words, what you now can buy with an ounce of gold or silver will be the same next year but it will take 3x the cash to do the same. ...maybe 10x |
Agent 99
User ID: 77082640 United States 06/23/2022 12:16 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun Smart businesses know when the market will no longer feed the company. Remember the Industrial Revolution Era? Inventions, electricity, PT Barnum, the automobile. It grew after the Depression. Low lows, and innovation and new ideas. When one door closes, another opens. |
Anonymous Coward User ID: 83167714 United States 06/23/2022 12:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83167714 United States 06/23/2022 12:18 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun It's simple. Debt is defaulted on. All of it. Quoting: Prayandprepare000 We also have to get rid of SS payments, the VA payments, and so on. Covid did not succeed, so time for another killer pandemic that actually works. Pity the naive and trusting retiree who will lose that big stash in the pension, the hedge fund, the money market. Bonds destroyed, stocks devastated. Pity anybody without a good garden plot and a big stash of precious metals. God help us and have mercy. Who would exchange metals for digital? |
Anonymous Coward User ID: 81815174 United States 06/23/2022 12:19 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun People can't afford 6.5% interest rates? Wahhhhhhhh Low interest rates raised the prices of homes. My first home was an arm with a 16.5% cap. I figured shit out real fast and now own several rentals. Interest should be higher. It's free money that causes the bloat in the stock market. Time to man up you pussies. |
DuckNCover
User ID: 83702735 United States 06/23/2022 12:23 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun |
Anonymous Coward User ID: 80935529 United States 06/23/2022 12:23 AM Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 06/23/2022 12:24 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun Wonder how silver and gold will do? If they would offer a safe place to park $ even though they are nothing more than colored rocks, as Ramsey calls them,that people value. Quoting: Anonymous Coward 83167714 my guess is that the value of gold will stay relative to the value of other goods while cash inflates like crazy. in other words, what you now can buy with an ounce of gold or silver will be the same next year but it will take 3x the cash to do the same. ...maybe 10x Right. I was under the impression that the price was based on GNP and how much debt a country has, to balance the printed cash. But noooo... |
Anonymous Coward User ID: 83167714 United States 06/23/2022 12:25 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun It's simple. Debt is defaulted on. All of it. Quoting: Prayandprepare000 We also have to get rid of SS payments, the VA payments, and so on. Covid did not succeed, so time for another killer pandemic that actually works. Pity the naive and trusting retiree who will lose that big stash in the pension, the hedge fund, the money market. Bonds destroyed, stocks devastated. Pity anybody without a good garden plot and a big stash of precious metals. God help us and have mercy. Who would exchange metals for digital? I'm asking because I thought of investing in silver bullion so I could pay my property taxes if the dollar collapses but could I pay with silver? I remember my grandfather telling me how many lost their homes during the great depression because they couldn't afford to pay their property taxes. Hmmm |
Anonymous Coward User ID: 81160361 China 06/23/2022 12:25 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun It's simple. Debt is defaulted on. All of it. Quoting: Prayandprepare000 We also have to get rid of SS payments, the VA payments, and so on. Covid did not succeed, so time for another killer pandemic that actually works. Pity the naive and trusting retiree who will lose that big stash in the pension, the hedge fund, the money market. Bonds destroyed, stocks devastated. Pity anybody without a good garden plot and a big stash of precious metals. God help us and have mercy. In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. |
Agent 99
User ID: 77082640 United States 06/23/2022 12:26 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun I called it a year ago no one believed me. I said the fed was going to kill the dollar and make a digital dollar Quoting: bluemarble I wonder what the exchange rate from paper dollars to digital would be. If any... I also noticed that the US Dollar, Euro, and Swiss franc are all about equal... so I think the Bloomburg thing was about how there won't be much fluctuation because people would freek if they lost dollar value. |
Anonymous Coward User ID: 82912904 United States 06/23/2022 12:27 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun no its not Quoting: Anonymous Coward 83698697 you are a idiot a shill pushing and random fear you can you are sick and low IQ how many times can you shills post this retarded shit? no shame here for the mods sick pathetic enjoy being wrong again. LOW IQ Ah. Ah. You said Q !!! Trigger the Q-schmucks!!!; |
Anonymous Coward User ID: 68110626 Canada 06/23/2022 12:29 AM Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 06/23/2022 12:30 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun It's simple. Debt is defaulted on. All of it. Quoting: Prayandprepare000 We also have to get rid of SS payments, the VA payments, and so on. Covid did not succeed, so time for another killer pandemic that actually works. Pity the naive and trusting retiree who will lose that big stash in the pension, the hedge fund, the money market. Bonds destroyed, stocks devastated. Pity anybody without a good garden plot and a big stash of precious metals. God help us and have mercy. In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. |
Anonymous Coward User ID: 83734242 Denmark 06/23/2022 12:36 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun Like being smug when told your kid has cancer. It means your life peaked in the 4 years Trump was president and now its all down hill. Your life will not get any better than it is now and mostly likely will get worse for you and every other American for the rest of their lives. That what it means. |
Anonymous Coward User ID: 80378081 06/23/2022 12:38 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun |
Anonymous Coward User ID: 83167714 United States 06/23/2022 12:39 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun Hmmm thinking about it but know nothing about it. Same with crypto. I have lots of cash in the bank well digits. Thought about spending 40k on silver and or gold which would be about 15% of my savings account. What to do. Think I need a stiff drink. |
Anonymous Coward User ID: 82810580 United States 06/23/2022 12:44 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. the terms of the reset are a tightly guarded secret. My guess it will occur BEFORE hyperinflation hits. 50% haircut across the board at the banks. Personal debts erased. Mortgage debt gets reset into a federal program that more looks like rent. Capital controls on EVERYTHING. Labor rates, food, textiles, everything gets standardized. People are allocated credits for working but it goes through the FED in a fully digital system, enough to survive if you work. If you don't...dunno what happens...likely you get put on a train and promised a 'safe place' ...in a trench. Going to the store, you can only buy what they allow you to buy. Your account is totally controlled. You go to buy a generator and the guy at the counter says "it won't ring up"... you can't have it. no worries tho, you'll still have your phone. orwell understood this all too well. |
Anonymous Coward User ID: 81160361 China 06/23/2022 01:03 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun ... Quoting: Anonymous Coward 83725335 In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. the terms of the reset are a tightly guarded secret. My guess it will occur BEFORE hyperinflation hits. 50% haircut across the board at the banks. Personal debts erased. Mortgage debt gets reset into a federal program that more looks like rent. Capital controls on EVERYTHING. Labor rates, food, textiles, everything gets standardized. People are allocated credits for working but it goes through the FED in a fully digital system, enough to survive if you work. If you don't...dunno what happens...likely you get put on a train and promised a 'safe place' ...in a trench. Going to the store, you can only buy what they allow you to buy. Your account is totally controlled. You go to buy a generator and the guy at the counter says "it won't ring up"... you can't have it. no worries tho, you'll still have your phone. orwell understood this all too well. But that also imvolves consent and compliance; I don't think people will accept. For instance, in your example, can't buy a generator? Then a system will arise where instead you buy a 12 volume set of Wokepedia..in name...but under the counter they slip you a generator. People will always find a way to circumvent and overcome tyranny eventually. |
DuckNCover
User ID: 83702735 United States 06/23/2022 01:16 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun ... Quoting: Anonymous Coward 81160361 Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. the terms of the reset are a tightly guarded secret. My guess it will occur BEFORE hyperinflation hits. 50% haircut across the board at the banks. Personal debts erased. Mortgage debt gets reset into a federal program that more looks like rent. Capital controls on EVERYTHING. Labor rates, food, textiles, everything gets standardized. People are allocated credits for working but it goes through the FED in a fully digital system, enough to survive if you work. If you don't...dunno what happens...likely you get put on a train and promised a 'safe place' ...in a trench. Going to the store, you can only buy what they allow you to buy. Your account is totally controlled. You go to buy a generator and the guy at the counter says "it won't ring up"... you can't have it. no worries tho, you'll still have your phone. orwell understood this all too well. But that also imvolves consent and compliance; I don't think people will accept. For instance, in your example, can't buy a generator? Then a system will arise where instead you buy a 12 volume set of Wokepedia..in name...but under the counter they slip you a generator. People will always find a way to circumvent and overcome tyranny eventually. If every transaction goes block chain, then the sale won't happen at a store or online. It would have to be done through a barter system... Strict control of inventories by the Company and Government. Fines could be imposed by State/Federal Agencies for inventories not in compliance... |
DuckNCover
User ID: 83702735 United States 06/23/2022 01:16 AM Report Abusive Post Report Copyright Violation | |
DuckNCover
User ID: 83702735 United States 06/23/2022 01:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 56183872 United States 06/23/2022 01:16 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. Um, what sort of screen have you been watching? We most certainly are. |
DuckNCover
User ID: 83702735 United States 06/23/2022 01:22 AM Report Abusive Post Report Copyright Violation | Re: The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun ... Quoting: Anonymous Coward 83725335 In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help. I don't think the goal is to make everyone broke and take all their money. We aren't in a Totalitarian Dictatorship. However, it's about debt. So valuation will be based on those who have extended beyond their means. Poor planning doesn't constitute an emergency for those folks. Um, what sort of screen have you been watching? We most certainly are. We are in an Oligarchy... We are heading towards Fascism which would look more like Socialistic Fascism... If the Government dissolves the Constitution and the three branches of Government, then it will be a Totalitarian Dictatorship... |
DuckNCover
User ID: 83702735 United States 06/23/2022 01:22 AM Report Abusive Post Report Copyright Violation | |