Economic Collapse
#7625238
07/12/22 08:43 PM
07/12/22 08:43 PM
Joined: Mar 2014
Posts: 3,655Central Texas
Chancey
OP
trapper
OP
trapper
Joined: Mar 2014
Posts: 3,655
Central Texas
Found this presentation very interesting. If this guy is correct, what is the prudent thing to do now for country folk like us? Love to hear your thoughts Steven49er and White17.
VIDEO
Resident Conspiracy Theorist Accused Moron, Nazi, Low IQ, and Putin Fan Boy
Re: Economic Collapse
[Re: Chancey ]
#7625388
07/13/22 12:23 AM
07/13/22 12:23 AM
Joined: Sep 2020
Posts: 1,871Pennsylvania
patrapperbuster
trapper
trapper
Joined: Sep 2020
Posts: 1,871
Pennsylvania
There will be an economic collapse. There will be the Quantum Financial System. There is a very bright light at the end of this tunnel
Till that day.....
Re: Economic Collapse
[Re: Chancey ]
#7625391
07/13/22 12:34 AM
07/13/22 12:34 AM
Joined: Aug 2011
Posts: 45,549james bay frontierOnt.
Boco
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trapper
Joined: Aug 2011
Posts: 45,549
james bay frontierOnt.
President Gotabuya Newpacksack fled Sri Lanka in the middle of the night with all his countrys money. Bidens probably loading up too.
Forget that fear of gravity-get a little savagery in your life.
Re: Economic Collapse
[Re: Boco ]
#7625398
07/13/22 12:54 AM
07/13/22 12:54 AM
Joined: Jul 2009
Posts: 2,462Oregon
H2ORat
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Posts: 2,462
Oregon
President Gotabuya Newpacksack fled Sri Lanka in the middle of the night with all his countrys money. Bidens probably loading up too.
I hear he will be Trudumps new roomate -- are the extradition treatys signed ?
Re: Economic Collapse
[Re: H2ORat ]
#7625400
07/13/22 01:00 AM
07/13/22 01:00 AM
Joined: Aug 2011
Posts: 45,549james bay frontierOnt.
Boco
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trapper
Joined: Aug 2011
Posts: 45,549
james bay frontierOnt.
President Gotabuya Newpacksack fled Sri Lanka in the middle of the night with all his countrys money. Bidens probably loading up too.
I hear he will be Trudumps new roomate -- are the extradition treatys signed ?
LOL,I bet Biden has a nice place in China.
Forget that fear of gravity-get a little savagery in your life.
Re: Economic Collapse
[Re: Chancey ]
#7625449
07/13/22 06:30 AM
07/13/22 06:30 AM
Joined: May 2010
Posts: 10,510MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,510
MN
Did you think it was ever going to top 50,000. Gotta go to work now, you should try it.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Economic Collapse
[Re: 330-Trapper ]
#7625551
07/13/22 09:50 AM
07/13/22 09:50 AM
Joined: Nov 2015
Posts: 16,951OH
Catch22
trapper
trapper
Joined: Nov 2015
Posts: 16,951
OH
There is no guarantee we will all be fine, having lived through the 70s trust me it was not fine.
I'd re do the 70's anytime vs now
X2!!!
I wonder if tap dancers walk into a room, look at the floor, and think, I'd tap that. I wonder about things.....
Re: Economic Collapse
[Re: Chancey ]
#7625565
07/13/22 10:19 AM
07/13/22 10:19 AM
Joined: May 2010
Posts: 10,510MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,510
MN
The difference between now and the seventies is weren't in a debt bubble. Governmental, business and personal debt wasn't anything like it is now. To kill this inflation ala what Volker did in the seventies is about impossible.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Economic Collapse
[Re: Chancey ]
#7625573
07/13/22 10:35 AM
07/13/22 10:35 AM
Joined: May 2010
Posts: 10,510MN
Steven 49er
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Joined: May 2010
Posts: 10,510
MN
Inflation in 1974 was calculated differently than it is now. Any guess how high it would be if we used those same metrics today? Unemployment is calculated differently as well. I was pretty young in those days Dave. I remember it wasn't easy and it's most likely coming to a town near all of us. The market usually decides
Last edited by Steven 49er; 07/13/22 10:36 AM .
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Economic Collapse
[Re: Dirty D ]
#7625574
07/13/22 10:37 AM
07/13/22 10:37 AM
Joined: Aug 2021
Posts: 1,473Over there.
Flicker Shad
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trapper
Joined: Aug 2021
Posts: 1,473
Over there.
point is energy is money/economy. Energy is getting harder and harder to get. therefore economy will be worse and worse.
We need Trump back.