How Do People Feel About The Up Coming Economic Collapse?

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India is joining China in purchasing oil from Iran, using gold backed Yuan. Not the OPEC dollar.

China+Russa+Iran+Central Asia+Turkey are combing to break the dollar. All these trade wars, sanctions,tarrifs, currency wars are is the American empire last ditch effort to break China.

It has nothing to do with priests in Turkey or "Unfair" trade balances.


JP Morgan's top quant warns next crisis to have flash crashes and social unrest not seen in 50 years
Disaster Is Inevitable When America's Stock Market Bubble Bursts
 
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we are a long way from a collapse. A year or two. You have to be careful reading zerohedge et al as they are selling impressions and the world is always ending. It can be really a bad thing to fall under the spell of "the world is gonna end." Really bad.

And a collapse, really? I doubt it.

Maybe a crash. Maybe a depression. But so what, really. Just be ready.
 
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we are a long way from a collapse. A year or two. You have to be careful reading zerohedge et al as they are selling impressions and the world is always ending. It can be really a bad thing to fall under the spell of "the world is gonna end." Really bad.

And a collapse, really? I doubt it.

Maybe a crash. Maybe a depression. But so what, really. Just be ready.

I just study the markets and currencies for a living.

China's gold backed yuan and there China2025 alongside the One Belt Road initiative.

OPEC and bretton woods are the last thing backing up the dollars value after it was taken of the Standard by Nixon.

If India/China/Russia are trading oil in Yuan, and russia is dumping dollar debt, as is china while simultaneously buying millions of troy ounces of gold.
One-belt-one-road-initiative-youtube-screenshot-e1520585349542.jpg


Take look at this, and then think about the countries under sanctions.
 

lampofred

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Negative prophecies put a downer on my day
 

tankasnowgod

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People run from and deny negative realities.

Truthfully it depends on how you look at it. Beyond a disaster scenario where everything literally collapses in a matter of hours or days...... I'm not only ready for an "economic collapse," I welcome it. Hopefully, this is an end to the Federal Reserve Note (it's not truly a US dollar), the Federal Reserve and also Fractional Reserve Banking (at least at a central level). There is a good chance Real Estate Prices will crash (whatever that may look like), and I am putting myself in a position to buy when the blood is in the streets on the Real Estate market. That market is insanely overpriced right now in my view.
 
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Deleted member 5487

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Truthfully it depends on how you look at it. Beyond a disaster scenario where everything literally collapses in a matter of hours or days...... I'm not only ready for an "economic collapse," I welcome it. Hopefully, this is an end to the Federal Reserve Note (it's not truly a US dollar), the Federal Reserve and also Fractional Reserve Banking (at least at a central level). There is a good chance Real Estate Prices will crash (whatever that may look like), and I am putting myself in a position to buy when the blood is in the streets on the Real Estate market. That market is insanely overpriced right now in my view.

I agree as well. It would be opportunistic.

However without a federal reserve note what bases will you use to barter with? and How will that land/real estate legally be named yours?

I have no fiat tied up in 401ks, pension, IRA or anything so I don't fear collapse but for majority of americans their saving of the last 5-50 years could dissolve.
 

nwo2012

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It will come, who knows when. It isnt engineered by any nations. It will be a deliberate power grab by our inbred rulers, a chance for martial law or perhaps for thinning the "useless eaters".
No point fearing it, just embrace it and keep trying to find joy. They can bring what they will, but they can shove their learned helplessness up their arses.
 

lampofred

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People run from and deny negative realities.

Obviously. Why would you ignore the present to live in a world of gloomy what ifs ?

People have been prophecizing the apocalypse since the beginning of civilization.
 
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Deleted member 5487

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It will come, who knows when. It isnt engineered by any nations. It will be a deliberate power grab by our inbred rulers, a chance for martial law or perhaps for thinning the "useless eaters".
No point fearing it, just embrace it and keep trying to find joy. They can bring what they will, but they can shove their learned helplessness up their arses.

This is conspiratorial

But some believe they(elite) may attempt to rule through China, which was a testing ground for Communism and oppression on a billion person scale.

Once enough hate is manufactured against the US, and it's citizens with extreme devaluations of other countries currencies(Turkey,iran,russia,venzuela, mexico,south america).

These borderless elite will then snuff out America with nuclear weapons and take out the 300 million man army(Patriotic gun holding Americans). Without populace hate, but praise towards those that pressed the button.

This isn't what I believe
 
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nwo2012

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This is conspiratorial

But some believe they(elite) may attempt to rule through China, which was a testing ground for Communism and oppression on a billion person scale.

Once enough hate is manufactured against the US, and it's citizens with extreme devaluations of other countries currencies(Turkey,iran,russia,venzuela, mexico,south america).

These borderless elite will then snuff out America with nuclear weapons and take out the 300 million man army(Patriotic gun holding Americans). Without populace hate, but praise towards those that pressed the button.

This isn't what I believe

This isnt what I believe either.

Btw the most far fetched conspiracy theory I have ever heard is the official version of 9/11.
 
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nwo2012

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Obviously. Why would you ignore the present to live in a world of gloomy what ifs ?

People have been prophecizing the apocalypse since the beginning of civilization.

Define apocalypse, nobody is saying it will be the end of the world here. Nuke war bs is simply fear porn or learned helplessness 101.
But there will be a collapse of sorts.
 
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There's no reason to believe a collapse is coming. Many consecutive years of bull markets don't make a collapse any more likely than many consecutive years of bear markets.
 

baggywrinkle

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buy some financial insurance, ie gold and silver as they are cheap now, and maybe not for much longer
move out of the city
develop strong community and family relationships
develop a relationship with god/ spirit thats yours
keep peating
lessen ones dependence on electronic devices , ie try not to carry them and start by having a free day once a week
start a garden
get a pet
join new interest groups, to widen ones circle of friends
love
 
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yeah i agree it's going to be bad, what worries me is the USA printing money nonstop, i mean the interest rate on trillions of dollars is insane, i dont understand how we can pay that all back, and then quantitative easing is still going on, so that is making the stock market go up. the whole concept of the stock market doesnt make sense to me. people say bitcoin is a scam, yet the stock market works the same way, people buy and sell it and the price goes up and down based on demand. when quantitative easing stops, the stock market doesn't keep climbing, yeah its gonna be interesting what will happen.

in 2008 the whole economy almost collapsed and all home values dropped, the home values should be dropping again soon.

if i had the money i would buy some land where i could self sustain if ***t ever hits the fan. i mean, all the food, water, everything is all distributed through this eco system of trucks and economy and distrubuted out, if everything just fell apart and nobody could be paid and everyone ran out of money, all of that would just stop, it feels like a lot of trust in the whole system to me.

the current economy based on all this has only been around for like 100 or 200 years, people are acting like the stock market will go up forever, house prices will go up forever, the economy will always "recover", all of this is brand new still. i dk man, i have thought about it for sure, all i can do though now is just pay off debt as much as i can and just get healthy as best as possible.
 

X3CyO

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The worlds been ending since the beginning.
So long as theres supply and demand things will work out.
 
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