We’ve Reached The End Of The Line—–Now The Game Changes

originally posted by: earthling42
a reply to: onequestion

That is because the money does not find its way to the real economy, it effectively is a liquidation of assets.
The FED buys assets from banks, imagine what kind of assets, the banks get 'fresh printed money' in return which they can use to buy assets with better returns.
The losses on the assets which are held by the FED are the losses of the taxpayer.
Since 2009 wall street has been doing quite well financially, can the same be said of main street?

What you said and there has been inflation in the rich people's markets, like art and NYC real estate.

Most of the created money is still in the financial system or spent by super rich people, like earthling42 said

This old horse again? The economy has been on the "brink of collapse" since early 2009. You think the world's bankers don't know how to continue to prop the system. They might be a lot of things but dumb isn't one of them. Markets can survive deflation, look at Japan. Japan is the world's future - financial limbo, not devastation.

originally posted by: TechniXcality
a reply to: soulshn

Yes but, even if all currency failed, we have an infastructure in America and a type of economy that is service based,
That it would just keep going, people are still going to need hair cuts, and people are going to need computer IT work, the list goes on and on I fail to see how a collapse of our currency or an all out default would just blow everything away. Sure times would be harder but we would still trade services that would not just stop.. That's why I don't see a ELE from a financial collapse. Conspiracy hat on, maybe that's just what they want you to believe, but in my opinion if it's a doomed system let it fail, live and let die.

If the currency failed, what exactly will be used to keep the services flowing? A bartering system? Service for service?

This was written about long before you or I were born. And this autumn is the Shimita, and the Star of Bethlehem has made its appearance again after 2,000 years.

This time, however, Venus temporarily obscured Jupiter. The "bright morning star", the false messiah, will reign supreme for a bit, then Jupiter, the symbol of the true King, will come.

(God has told us to look for the big signs, not personal, astrological crap, in the skies. It is all over Enoch and Revelations, as well as Genesis and elsewhere.)

Every seven years it has been getting worse...the judgment. We were given many, many warnings over the last generations.

And no one is listening, especially our leaders.

The USA has gone from being the world's largest lender, until the 1960's, to the world's largest debtor nation. And our collective morals have simultaneously gone the way of Rome; down the toilet.

We WILL pay for this.

originally posted by: Logman
This old horse again? The economy has been on the "brink of collapse" since early 2009. You think the world's bankers don't know how to continue to prop the system. They might be a lot of things but dumb isn't one of them. Markets can survive deflation, look at Japan. Japan is the world's future - financial limbo, not devastation.

The problem as I see it is that all the stops and magic were pulled out in 2008. The magic bag is empty. What's left? Print more money with the petro dollar dying and flood the market with currency, what might that do to the value of the dollar, especially with less currency needed due to petro dollar decline. From my view as the Petro dollars coming in for real assests and don't go back out they need to be looking to contract the monetary supply anyway, not increase it. Borrow more? 18 trillion debt. People say, it doesn't matter, I say wrong. The more debt the larger the interest payments , we have a budget, the more in interest the less for other things. What are you going to cut from the budget if you borrow more to keep up interest payments? I just don't see a lot of wiggle room should something happen, and our golden cow the petro dollar going bye bye. Call it doom, say it will never happen. Fact is the bill always comes due. This isn't even touching on unfunded liabilities.

originally posted by: Logman
This old horse again? The economy has been on the "brink of collapse" since early 2009. You think the world's bankers don't know how to continue to prop the system. They might be a lot of things but dumb isn't one of them. Markets can survive deflation, look at Japan. Japan is the world's future - financial limbo, not devastation.

I worked in the industry for a few decades. You can only prop up a collapsing economy/industry/stock for so long.

America is literally bankrupt.

It has been for decades.

We have been living off of a national "credit card" for the last 35 years.

And now that debt is due.

If you believe for one minute that you bank deposits will be covered by the FDIC or that your pension investments are safe, you are delusional. It is ALL smoke and mirrors now.

Greece is just the beginning.

Screw buying gold and silver at this point. You can't eat metal if you are the little guy. If you are a small budget person, seriously consider bags of rice and sugar...and maybe booze. Booze was always a big trade commodity, even during the depths of the Depression and even more during its banning.

And seeds; the earth is still as God made it. That hasn't yet changed. That is how my great-grandmother kept her family alive when her husband's chain of car dealerships crumbled and then he early-died, probably from heart stress. And they lived in Manhattan..."borrowing" land from abandoned lots and park acres. (They were the original gorilla gardeners.)

My grandmother had cash stashed all over her house, as well as jewelry, and she NEVER spent a year of her life without a few "yard birds" and a very decently-sized "victory garden" out in back of her suburban home. She knew EXACTLY how fast you could lose EVERYTHING.

We used to joke about how you would open a book in her house and money would fall out of it.

After spending some 24 years on Wall Street and seeing what is about to come our way, I know exactly why she did it.

It is coming.

a reply to: Reallyfolks

Just read this article actually, read it, dismiss it, attack the source. Whatever. Just throwing it out

www.telegraph.co.uk...

Here's one more story referencing what seems to be an imminent collapse.

Take it for what it's worth:
Impending U.S. Dollar Collapse Should Be Getting Attention, Not China’s Devaluation, Financial Analyst

Agree. Expect a correction, not a collapse. It may seem like a collapse, but these happen from time to time. A global meltdown is the last thing TPTB want to happen, so they'll avert it any way possible, as in '08. We are perhaps 20 years away from the real meltdown, when the balance between people with disposable income and those without tips over to those without. Then there will be too many goods chasing too few consumers, and lookout! Or we could, um, do something to stop it.
a reply to: earthling42

a reply to: Parthin96

We are perhaps 20 years away from the real meltdown, when the balance between people with disposable income and those without tips over to those without. Then there will be too many goods chasing too few consumers, and lookout! Or we could, um, do something to stop it.

That is right companies are finding ways to automate jobs to make a profit, but this is hindering consumers from having disposable income. Companies are competing so much that they are becoming a detriment to the world economy.

Companies have obtained so much money that they can now buy government through lobbying and make laws that will benefit their profit margins. This pushes jobs away from consumers and needs to be regulated.

Automation is inevitable and will take over corporations all together to be ultimately efficient. this doesnt make sense as a business tactic because it doesnt provide consumers disposable income which is demanded from businesses.

So the question is when do we make a society that caters to the people?

The answer to our economical problem is:
~ to give every citizen a living wage relative to their demographic(if you move your living wages changes relative to the county that you live in. Any additional contributions to society will be added wages.
~ to fund this living wage Government will tax businesses with a tax on profits so that no companies profits will exceed a designated limit. This limit provides the cash flow needed to fund the living wages. This will also create a demand that is determined by the living wages provided which corporations can then supply.
~ All companies will be viewed under a new rating system determined by demand and profits. This rating system will determine the required tax on goods sold. All goods imported will receive the same tax relative to their rating.
~ any individuals that exceed their living standards will be audited to determine their failure to maintain appropriate living standards.


This will only work for citizens so it wouldnt matter if people come here illegally, because its pointless to come here for work when most if not all low level jobs will be automated.

This tax will not deter countries from selling to the US, because 319 million people just received a living wage for the rest of their lives. That is a lot of money that companies could get their hands on.

We live in a world where the work of a few can provide for the majority, so providing jobs for everyone is not the answer. We have the opportunity to give Americans the American DREAM!!! stability and freedom.

Any questions?

a reply to: soulshn

Alex Jones has been harping on this for weeks now.

Yes a collapse is coming.

Have enough resources to last at least 2 months off the system. Be ready to get involved with local communities. Have some investments in precious metals too.

A wake up call is coming.

a reply to: johnwick

Very true. We have a faith based fiat monetary system. There is nothing substantial backing our money, and it has been worthless for a very long time.

How long can it continue for?

Why would it go belly-up next month as many are predicting?

Should we even be talking about it or spreading the word - thus lowering the faith in the dollar and creating more speculators?

Imo we shouldn't tell anyone about it. Let the can keep being kicked down the road - while preparing in private. It is going to be an apocalyptic scenario whether it happens next week or in 10 years anyway. That seems to be what the gov is doing, with their erroneous claim of 5.5% unemployment and the "economy is strong", or how the USD is rising against the Euro and CAD, etc.

originally posted by: Logman
This old horse again? The economy has been on the "brink of collapse" since early 2009. You think the world's bankers don't know how to continue to prop the system. They might be a lot of things but dumb isn't one of them. Markets can survive deflation, look at Japan. Japan is the world's future - financial limbo, not devastation.

They (Japan) just reported a -1.6 GDP growth rate. No link was just on the local news. Minus one point six

a reply to: Reallyfolks

If the currency failed, what exactly will be used to keep the services flowing? A bartering system? Service for service?

Do you know where a farmers market is? Those would become permanent. Cash will be useless. If you want their produce, bring small readily identifiable gold and silver denominations, pre '64 us currency being the best. Your moms wedding ring won't be readily identifiable as a 1964 silver quarter for that chickens egg.

The market will blossom to include bicycle and shoe repair. The price of a loaf of bread will be astronomical, those with the ability to bake without electricity, gods.

Nobody will care about anything but filling their bellies.

a reply to: pheonix358

Stealing retirement funds is the whole point of the game. What can the average Joe do about it? We should have never been talked into that retirement system.

a reply to: intrptr

I agree with that last statement 100%. That's what would happen. But how many people have gold/silver? What would those people do? What would people without gold/silver do for required medicine? Take it further would the average cop with a family leave his considering what would be happening to come do that job? No type of social order or way to force it, how many others would board up and stay home instead of risk it? Sanitation/police/water/electricity, what happens under that scenario. Just questions.

a reply to: Reallyfolks

The applicable category of old coins is called "Junk Silver".

This form of currency is easily recognizable, hard to fake and incremental.

Coins are the original tangible and intrinsic currency, silver the cheapest and most prevalent. Everyone knows what they look like.

You can purchase amounts of them at several times face value, storing them for that day.

Imagine buying a head of lettuce for a million US paper dollars or one silver quarter? If the need should arise they will be more than acceptable for "currency".

In days gone by people carried chains of gold wound about their bodies, any purchase made by twisting off a link or two. The Atocha treasure ship Mel Fisher found had long chains of gold aboard pre fabricated for their owners back in Spain.

Touch stones will become common place again, determining purity of gold and silver like jewelers use today.

Your police officers will find local work guarding and providing security for people and "markets" that will spring up. They can barter their services and really defend the people for a change.

I keep saying it's not "IF" only "WHEN" and that is hard to say because they have kicked the can down the road dozens of times already, but this road has a big concrete barrier with a dead end sign on it. I don't know that anybody can call how far away the can is from the barrier. But once it hits our social economic order/system will be over as we know it.

Anybody with any economic common sense knows this isn't sustainable.
www.usdebtclock.org...

I've been trying to communicate this to people so it finds its way past filters of nationalism and wishful thinking, and beyond the apparent failure of time passing with "nothing" happening. The flaw is in the design.

Sustainability as a word is going to gain in currency. It is currently graduating from its affiliation with going green and hippies where it has languished, marginalized and popularized to the point of impotency, and achieve a worldwide appreciation as a preimminent facet of reality, intolerant of long-term ignorance. So a focus on any other way to identify a system design will prove to be a type 1 error. And, thank God, it clears the air. You can get out of the fog of financial and economic lexicon, exit the maze of dem/rep economic talking points and rabble rousing, and cut to the core of what is wrong with a design and, more importantly, how to make it right.

There will be a change, I don't know how violent or upsetting but the change that is coming is as dependable as poor growth on over-extracted soil.

a reply to: pheonix358
luckily, my finances are pretty well tanked, I don't have to worry about it, but, reinvest them into what???
the only wise investment I can think of is food, guns, ammo, and camping equipment.