|
Author
|
Topic: the destruction of the U.S. economy
|
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted December 28, 2019 10:48 AM
  
Record stock market days!IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted January 20, 2020 05:22 PM
The DOW has broken 29,000!IP: Logged |
SDragon
Moderator Posts: 826
From: Toronto, Ontario, Canada
Registered: Sep 2012
|
posted February 11, 2020 11:04 AM
https://www.newyorkfed.org/microeconomics/hhdc.htmlUS Household and Non-Housing Debt are also at 14.15 trillion record highs, passing the previous record highs of 2008. If the DOW Record was achieved without debt totals increasing, than I would be more optimistic.
https://www.theglobeandmail.com/business/economy/article-canadians-debt-burden-rises-sparking-concern/
Here in Canada, we're even worse than the States. IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted February 11, 2020 11:28 AM
It’s a fake market. A game. You are right to be pointing out the collective debt number. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted February 11, 2020 06:32 PM
Well, $12 trillion has been created in new wealth via the stock market.IP: Logged |
todd
Knowflake Posts: 4988
From:
Registered: Jun 2009
|
posted February 11, 2020 08:14 PM
quote:
Originally posted by Randall:
Well, $12 trillion has been created in new wealth via the stock market.
the deficit has increase 26% under trump.... this is totally unsustainable no mater how you doctor the economic statistics. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted February 25, 2020 04:24 PM
Whew, a 1,900 point drop in the DOW in two days.IP: Logged |
SDragon
Moderator Posts: 826
From: Toronto, Ontario, Canada
Registered: Sep 2012
|
posted March 09, 2020 09:43 AM
Don't look now  Could be a 1900 drop in one day! But it's just the flu... well, yes and no. IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted March 09, 2020 01:48 PM
There will be more to come I believe. The virus set it off, but it’s just unraveling that which was loosely held together anyhow. The year the fed reserve was put in place there was a saturn Pluto conjunction in cancer. Now in cap, its bringing energy that will dissolve any empire that is no longer secure. This probably points to both the U.S. as well as the U.K. time will tell. Watch the price of oil. Once that’s goes to $20 all royalties are cut off and then all he’ll will break loose. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted March 09, 2020 06:32 PM
It's just panic caused by the media. Things will cool off soon, and common sense will prevail.IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted March 18, 2020 01:55 AM
Or not. But we will get through this, and then things will slowly but surely pick up steam.IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted March 18, 2020 06:27 AM
I believe this is the catalyst that will cause our monetary system to change. First you strike fear into the public, insecurity. Paper money is dirty “and can be hidden”. The government would rather know how much each person has because that equals control. My bet is you will see a move to crypto. Maybe not, but it seems very possible at this point. IP: Logged |
SDragon
Moderator Posts: 826
From: Toronto, Ontario, Canada
Registered: Sep 2012
|
posted March 18, 2020 01:28 PM
quote:
Originally posted by llewsacm:
I believe this is the catalyst that will cause our monetary system to change. First you strike fear into the public, insecurity. Paper money is dirty “and can be hidden”. The government would rather know how much each person has because that equals control. My bet is you will see a move to crypto. Maybe not, but it seems very possible at this point.
Most people don't know how the financial system works, I'd say 90%, and even the ones that think they do, only see parts of it. Which is why I don't think you can jump from paper money is dirty and can be hidden directly to crypto-currencies. It's a bit too abstract for most people even though tptb are hinting that 'paper money can spread the virus'. I have another theory that I've mentioned before in this thread. We're seeing the USD catching a bid now at 101. As the debt bubble collapses, the hunt for real value, or even $$$ to service all the debt out there essentially makes cash king. I believe this will create volatility in the currency markets which will result in the USD index hitting my 120-140 target mentioned earlier and decimating currency exchange valuations. This would be the catalyst for a Bretton Woods type of global monetary change as it would be argued that the USD is only being bid up because it's the current world reserve currency but really that no country's currency should warrant that position. This USD high will take about 1-2 years and risk ushering in 'The Greater Depression' which will be used to scare the populace into change, for they will argue that to not change the monetary system WILL result in a 'Greater Depression'. As most people have never seen true deflation, which is supposed to increase the power of people's savings, and in a generation where most people don't have savings, it will create what they believe to be an existential threat that must be resolved and they will glady hand over the power to create crypto-money to either the IMF, World Bank or new entity created. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted March 19, 2020 05:16 PM
I don't see all the conspiracy stuff as legit in this case. If so, President Trump wouldn't be taking such extreme measures to keep us afloat. IP: Logged |
SDragon
Moderator Posts: 826
From: Toronto, Ontario, Canada
Registered: Sep 2012
|
posted March 20, 2020 09:24 AM
quote:
Originally posted by Randall:
I don't see all the conspiracy stuff as legit in this case. If so, President Trump wouldn't be taking such extreme measures to keep us afloat.
It actually makes quite a lot of sense when various pieces are put together. - President Trump and President Xi are both aware that they are approaching a fourth turning period where civil unrest and rebellion are in the cards, so they're stuck between a rock and a hard place
- the expansion of the current system has reached it's peak and there will be a transition period required to implement a new system
- the populace will not just sit idle and play the normal game when they see the world as they know it hitting the fan, especially in regards to their savings and survival - they will take to the streets
- the choice of government at this time is to either limit civil unrest as this transition takes place or let the unrest occur which will probably result in more chaos, anarchy, criminal activities and death
- the coronavirus makes a perfect excuse to bring in the reserves, FEMA, military to manage logistics of supply, food, medication and enforce a certain 'order' that a normal police force can't during this time So it may not necessarily be some nefarious malevolent plan by an unseen force but when taken in view of what we know about generational astrological configurations and human nature, it may be viewed as the best worst case option out there. So yes, the virus was released intentionally, no, the deaths caused will not be anywhere near the 'spanish flu' range, but it's only conspiratorial because government has learned (and taken advantage of the fact) that humans are still no better than children. Take away their toys and they will have a tantrum. In essence, they know a depression is coming, but they are attempting to have the depression on their terms. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted March 20, 2020 01:11 PM
President Trump wants to keep us afloat, so we can shoot back up quickly.IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted April 15, 2020 06:53 PM
Bump!IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted April 20, 2020 04:38 PM
Well, oil collapsed. Who is going to start the war? Russia? IP: Logged |
PhoenixRising
Knowflake Posts: 3020
From:
Registered: May 2011
|
posted April 20, 2020 09:15 PM
Well Humanity is calling on Tesla. They need a green energy that is sustainable. Reinvent science if you can. Teraform all systems -- political, science, law, sociology. Nobility and Love should be the only guiding principle in this new era. Deceipters and liars will be made to quit the planet.IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted April 21, 2020 05:22 PM
Oil collapsed due to these stay at home orders. The supply far exceeds demand. This is all artificial. We had the strongest economy in history two months ago. We will again.IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted April 22, 2020 12:15 AM
quote:
Originally posted by PhoenixRising:
Well Humanity is calling on Tesla. They need a green energy that is sustainable. Reinvent science if you can. Teraform all systems -- political, science, law, sociology. Nobility and Love should be the only guiding principle in this new era. Deceipters and liars will be made to quit the planet.
I always wondered why Tesla, or any electric car manufacturer for that matter, didn’t put solar panels on the top of their cars to power them. Wouldn’t this make sense if you are trying to get to renewable energy sources? Why hasn’t this happened? Oil has been king for so long. Would a renewable energy source bring about a different set of money making restrictions/rules I wonder.
IP: Logged |
llewsacm
Knowflake Posts: 1078
From:
Registered: Mar 2015
|
posted April 22, 2020 12:16 AM
and I do agree that the liars should be ousted- but that will never happen unfortunately. The saving grace is that for every action, there is an equal and opposite reaction. IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted April 28, 2020 04:46 PM
The DOW is over 24,000. It looks like it will be back at over 29,000 by the end of the 3rd quarter, but other segments of society are not going to be able to recover that quickly.IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted May 09, 2020 06:10 PM
Unemployment numbers are heinous.IP: Logged |
Randall
Webmaster Posts: 173932
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
|
posted June 12, 2020 07:16 PM
Bump!IP: Logged |
Lindaland
UBBFriend: Email This Page to Someone! 
