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Economic Leader U S A is Tanking I See Bonds Tanking Now Nob Spread And a Macro Sneak Peek

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posted on Aug, 12 2019 @ 12:25 PM
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originally posted by: dfnj2015
a reply to: GBP/JPY

A really good friend of mine was a prepper. He was preparing for the great economic collapse since the 1970s. He spent thousands of dollars on prepping. He also was adamant the second coming of Christ would happen in his lifetime.

The thing is he died 10 years ago. As a result of his death I have concluded we will ALL be long dead and gone before the second coming of Christ or the grand economic collapse that is always just around the corner.



I don't know about total economic collapse or the second coming. The reality is that many people are hit by devastating things that prepping can help with.
Job loss, natural disasters, civil unrest, etc. It's not just about huge scale things. I've been in terrible storms and I've been well prepared. To me that is priceless.




posted on Aug, 12 2019 @ 12:26 PM
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a reply to: dfnj2015...im an outdoorsman, or used to be...too dang old now...

I don't prep nuthin....

It's worse though, soon we could have superhuman dudes runnin around policing.....with laser shooting drones probably maybe....I plan to curl up and hold my breath till I croak...idk



posted on Aug, 12 2019 @ 12:30 PM
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a reply to: GBP/JPY

once you get the neurolink chip youll be able to pickup tons of survival skills immediately



posted on Aug, 12 2019 @ 12:37 PM
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originally posted by: toysforadults
argentinian market is tanking looks like its spreading


argentina went through a total economic collapse bout 20 years ago and they have never been right since, could honestly just be an after effect of the major blackout that hit then a few months back.



posted on Aug, 12 2019 @ 12:39 PM
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a reply to: Irishhaf

they are electing a socialist government and apparently the markets don't like that



posted on Aug, 12 2019 @ 12:47 PM
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surprised the right wingers aren't jumping all over this argentina market crash



posted on Aug, 12 2019 @ 01:09 PM
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a reply to: GBP/JPY

Nope. Markets are fine. Take your meds.



posted on Aug, 12 2019 @ 01:10 PM
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a reply to: projectvxn

You can't wait. Cute. Must be daftness or hopefully sarcasm.



posted on Aug, 12 2019 @ 01:27 PM
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The fiat currency we use was designed to fail.
My guess is it was on target to collapse in 2013- one century after it started.
Makes sense to me- in a hundred years they stole everything from everyone.
People went from every family owning land and a home to nobody owning #, and then they took us off the gold standard in the 70's to give us a last hurrah.

The Fed let the currency free-spool all through the obama administration, dumping metric tons of cash into the economy to give the illusion that it still works, with 99% of that currency going right back up the chain to the top 1 percent, mostly through services like Amazon where us every day folks "save money" by buying our everyday goods online instead of locally.

There's a huge real estate bubble right now, just like there is every 10 years or so. Every time it pops the value of property plummets, and lots of people wind up under water... and then sure enough a few years go by, the rich get richer, and the value of those properties goes up even higher than it was before until it can't be sustained.

Only difference this time is that the boomers are dying off, giving a steady stream of inheritance money and dropping a steady stream of property on the market, priced to sell.
With no end in sight to our overspending, and no possible way to pay off the national debt (something like 70k per capita and counting) all that can happen is to keep a featherlight hand on that QED throttle and drag out the economic collapse as long as possible. Too much free money and it goes into a free fall (like it has been for nearly a decade), too little and the people get hungry, losing faith and abandoning the system.

You can't eat gold- but USD is worse than worthless.
It'll go down in flames sooner or later...



posted on Aug, 12 2019 @ 01:32 PM
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a reply to: lordcomac

everything said is a non issue because Trump is president #MAGA

if Millennials weren't eating avocado toast everything would be peachy, or wait everything is peachy because Trump is awesome so Millennials must be doing a good job

I'm so confused help me



posted on Aug, 12 2019 @ 01:35 PM
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The US dollar is up to .83 Pound Sterling, good time to buy a couple years worth of Italian bicycle tires..



posted on Aug, 12 2019 @ 02:03 PM
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I stockpile lead ... I'm betting 105 grains of lead will always = 100+ lbs of meat



posted on Aug, 12 2019 @ 02:07 PM
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Cool....central banks seem to be losing ita reply to: markovian



posted on Aug, 12 2019 @ 02:11 PM
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a reply to: GBP/JPY

how's the bond yield look today

08/09/19 2.05 2.06 2.00 1.95 1.78 1.63 1.58 1.57 1.65 1.74 2.03 2.26
edit on 12-8-2019 by toysforadults because: (no reason given)



posted on Aug, 12 2019 @ 02:19 PM
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Working in Bankruptcy, I see a lot of United States Stocks and bonds being passed over, creating a huge issue. The housing market is being extremely overinflated, based on nothing. The "Fabulous" housing market (Which is all fake) will crash catastrophically, all due to investors buying everything, pricing the homes out of range, and letting them sit there vacant.

Mix all of this with our derpy congress that wants to pay people $800 per hour, and it'll be the great depression all over again.

Screw investing in Gold, invest in supplies; can't eat your gold bullion, but you can eat canned foods for years to come.



posted on Aug, 12 2019 @ 02:27 PM
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a reply to: dothedew

housing market continues to get more ridiculous as less and less people own homes



posted on Aug, 12 2019 @ 02:44 PM
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This is my big argument for why trump wouldn't win re election.

People are focused on this and that and crazy libs trump will crush them etc...except if the economy he has his fingers all over and has made his own fails.

It usually floats right over the heads of trump "conservatives" when discussing negative yield curves or just simple stuff like the yearly interest we pay on our debt is going to pass the yearly military budget in a couple years.
edit on 12-8-2019 by luthier because: (no reason given)



posted on Aug, 12 2019 @ 02:50 PM
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originally posted by: hombero
a reply to: projectvxn

You can't wait. Cute. Must be daftness or hopefully sarcasm.


Go away with your recreational outrage.
edit on 8 12 2019 by projectvxn because: (no reason given)



posted on Aug, 12 2019 @ 02:52 PM
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a reply to: luthier

You think foreign trade in the US is "socialist".

You've never given anyone a reason to listen to you.

15 trillion is in negative yield.

Bigger problem is housing.



posted on Aug, 12 2019 @ 03:27 PM
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a reply to: projectvxn

What?

Foreign trade in the US is socialist?

Not only does your sentence make very little sense you have made an ultimatum for everyone..

Brilliant work.




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