1. The US dollar is only created through the creation of debt. More debt must be created, then, to pay for the interest to service the original debt, and so on.
2. Economic growth peaked in the 1990s, and since then, debt has been out-pacing economic growth at vastly unsustainable levels (ergo total debt to GDP levels have been rising)
3. In 2008, total debt dropped just a tad, and it almost blew up everything. The powers that be responded by trying to increase debt with super-low interest rates just to keep the show going
4. It has been a decade since this has happened, and interest rates are still super low. Meanwhile, debt continues to rise while wages remain stagnant, held down by competition from automation and probably immigrants. Because of this the debt is becoming harder to service, even with low rates.
How do they possibly expect this to end well?
Everything that has been happening: -trump winning -brexit -nazis and antifa beating each other up -the eurozone crisis
simply has to be viewed from this context.
Pay off debts Get skills Buy a gun Buckle the fuck up.
it will happen when it's to the Jews' advantage. Not before.
Brody Lee
Me too I have been watching every little happening in Europe and elsewhere waiting for it to happen since 2010.
Over the years, though Ive been waiting close to a decade, I have never been more convinced my prognosis is nevertheless corect. Meanwhile the context only grows darker.
A few years ago, I would have figured people would just flock to the opposing party, but we have now seen a virtual collapse in both parties and a collapse of faith in media and the very idea of government.
I think when it all goes bust, here will be a lot of bloodshed.
Ryan Ward
I should also mention of course the baby boomer question
A retiring population will be putting immense pressure on government and the stock market as boomers cash out.
Meanwhile, pensions have been getting slaughtered because of low bond yields.
John Jones
Suffice to say: pic related.
Seriously, get in the position to protect the ones you love.
Kayden Jenkins
On another note, recessions and collapses usually come in the fall, and the longest the US has ever gone without a recession since 1776 is 10 years.
Aiden Cox
This is also why everyone needs to double down and quickly pay off any student loans
Noah Thompson
there isn't another housing bub-
Michael Ortiz
these interest rates are sustainab-
Luis Garcia
fractional reserve lending and central banking is perfectly feasib-
Jayden Scott
...
Austin Robinson
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Blake Bennett
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Blake Bennett
This Robert Mercer billionaire behind Trump, supposedly, wants to bring back a gold standard. Could explain why tptb are freaking out
Hunter Lewis
>gold standard we're about to enter an asteroid mining economy in the next decade, what would give gold value when millions of tons of it would be readily available?
Evan Miller
>in the next decade Elon, please go
Evan Wilson
How old are you, so I can better judge what kind of eyes you see the world through. (i'm 34)
Bentley Hernandez
Nah, Planetary Resources and Deep Space Industries, not SpaceX SpaceX is just probably going to send their prospectors and harvesters up into orbit and little much else on their front
>1. The US dollar is only created through the creation of debt. no. your view of how fiat currencies work is a joke. im sure being black you want to believe obama wasnt pure cancer to the economy but tyrome nobody who gets paid to be a economist will take you seriously if you say stupid shit
even over production of the currency beyond whats justifiable through gdp growth wont create debt. it just devalues the currency. the fed and wallstreet dont dictate the value of the currency. they like to pretend they do but other countries will adjust exchange rates as they see fit
Jason Hall
28
Logan Turner
Enlighten us, then: How is a dollar created? Wouldn't have anything to do with bond sales, would it?
Kayden Lewis
lmao subhumans i bet you're wh*te too
Thomas Perez
hehhehheh
Blake Wood
...
Brandon Ramirez
I'd like to tweak your recommendations.
max your credit cards out on weapons ammunitons and combat gear. Food medical everything. Go complete cimple life. Stop buying (((Their shit)) Stop buying phones.
Start disrupting them anyway you can electronically. Crash systems crash banks crash atms crash ebts. Fuck shit up.
What year you guys think this'll happen? 2018, 19, 20.. ?
Brandon Bennett
It's really hard to say. I'd be surprised if the charade lasted 2 more years.
Austin Turner
I think it will be allowed happen when Palestine is off the map entirely and the US is sort of done in the Middle East (Iraq, Syria, etc). Maybe Iran will be left standing, maybe they topple them first. I don't know.
There's also other external influences that could have an affect. (((They))) don't control literally everything. Natural disasters occur, there are other individuals and groups of people that can cause ripple effects. It's hard to say.
Christian Mitchell
It's also possible that the virtual warfare will spill over into a robotic arms race, and that this will trigger events somehow.
Cameron Reed
They are correlated because the fed doesn't want to create a fuckton of inflation but that doesn't mean they are unable create money without selling bonds.
If they print out 10$, and collect money from the American public with a bond worth 10$ they effectively didn't create any inflation because it's just a wealth transfer.
Levi Ross
Why not bitcoin?
Hudson Ward
buttcoin collapses when China figures out how to pull the plug on it.
Joshua Carter
And the dollar collapses whenever the Jews want?
Cameron Evans
The best way out politically would be to inflate your currency faster than your debts. It's the equivalent of taxing everyone without actually having to politically issue a tax.
Dominic Rodriguez
Um, no sweetie:
To create a dollar (not necessarily print but create), The government has to sell a bond, which is a negative value (ie debt), so if the government sold a bond with a $10 liability, it would hold a $10 asset, plus whatever interest is accrued.
The same system essentially exists for private banks.
You keep saying the word inflation, but I'm not saying anything about inflation, merely the fact that any dollar in the system necessarily has a corresponding liability.
Ayden Sanchez
Why not supercomputer simulated solutions, I am sure there are some guys who know EXACTLY what to do they just can't break the shackles of the shekels.
War is the solution.
Jose Rivera
So I might as well as resign from planning for a normal life, or is there a chance this won't be a super big deal?
Jose Russell
Once the money is printed it is loaned to member banks who then distribute the money through lending, I believe that's what he's referring to. Not through the issuance of US treasuries.
Christopher Green
Maybe, but historically, default happens to a nation of debtors and inflation to a nation of savers--guess what we are.
Caleb Carter
Don't "plan a normal life" if that means buying a new car, a boat and an RV.
But its all the more reason to make sure you have marketable skills and are protecting yourself from debt and building wealth, even if that means buying precious metals.
Blake Cruz
Your entire post is just factually wrong also you're a faggot nigger cunt. Educate yourself you incredible idiot.
If you want to understand historic default read Kenneth rogoff "this time is different" it's the history of financial crises for the last 2000 years. You are completely wrong with this post.
Evan Harris
No they don't. They can literally just print money or I guess now they just put the numbers in the computer.
There is nothing to stop them from doing this except it devalues the currency which people tend not to like.
The reason they sell bonds is so they can take money out of circulation so that when they "print" the money it doesn't rapidly devalue the currency.
To say they have to sell a bond before they can do anything is fucking retarded. It makes literally no sense to say the government has to borrow from the public first in order to spend it because they are the ones that created the money in the first place.
Christopher James
We've got debt, sure. But that doesn't account for you posting paragraphs of blatant lies and disinformation which I've just provably shown to be false. What's your angle faggot?
Thomas Evans
I mean default and crises do follow increased debt to spend ratios but some of those crises are hyper-inflationary so you are incorrect in assuming that "inflation occurs with a nation of savers"
Jason Sullivan
>Wages rising faster than prices Congrats, its rising a little, but still "stagnant" by all standards.
>Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017
Literally has nothing to do with anything I said.
>President Trump Cuts More US Debt for a Longer Period of Time Than Any President in History
That has nothing to do with what I said, considering Im talking about total credit. But even so, do you really think trump has put a dent in our deficit or future liabilities?
Jonathan Baker
I don't really care not my problem, blame governments and socialists. I told you so
Jacob Foster
Does debt even matter to us though? The people who we owe the money are the ones with risk. We already spent the money on the biggest military and industries in the world. We have all the leverage.
Liam Hill
Interdasting. Have my bump.
Levi Johnson
Buy bitcoin and gold. Get lots of non-perishable food and some land away from with wild game, farmable land, and water. Get a weapon with commonly available ammo. If done right you will become a veritable warlord compared to the officecucks, allowing you to breed multiple aryan qts.
Levi Torres
I get it now, you're just a pessimistic, whiney "not my president" faggot. Cool. Get a job.
James Brown
4. Wage stagnation is not simply due to immigrants or automation but because we subsidize oil it is cheaper for businesses to off shore jobs and have products made more cheaply overseas and ship them back home for the consumer market.
The solution is to stop giving gib me dats to the most profitable businesses (oil companies) because if they were truly economically viable in a capitalist system they wouldn't need the to remain so profitable.
Eli Rodriguez
0/10
Nathaniel Barnes
Sounds like you got BTFO
And no, I voted for Trump, but this has nohing to do with Trump.
And this has nothing to do with pessimism either. Collapse is likely the only way we can save the west and overcome the jews.
Leo Ortiz
we all know it's gonna crash user, but when? we've been told it's just around the corner for years now, and i'm sick and tired of getting blue balls whenever the markets show unusual activities or sudden booms
when will it finally collapse
Isaiah Perez
>when will it finally collapse
why would it?
Ayden Richardson
>In 2008, total debt dropped just a tad, and it almost blew up everything. the graph shows total debt dropping just after the recession ended, if i'm reading it right.
Anthony Torres
>How do they possibly expect this to end well?
It'll end great -- eventually there'll be a collapse, and indebted people (everyone) will have to liquidate assets at fire-sale prices.
So they get paper rich when times are good, and when times are bad they get hard asset rich. It's a never-ending cycle that efficiently pumps wealth from everyone to them.
Owen Allen
because debt has been constantly increasing non-stop for decades and debt to gdp levels keep rising. you can't just keep printing more money forever. currency backed by debt is unsustainable
Levi Johnson
we don't know how trump will affect the deficit until he publishes his budget
Jace Jenkins
I didn't get BTFO, I'm the only one ITT who's actually posted sources and facts. You two faggots are just whining and posting blatant lies, which I've proven are blatant lies, with said sources. Keep your blackpill faggotry to yourself but try to act like it's based on any facts because it's clearly not.
Easton Sanchez
yeah, you are correct
I say "2008" to just mean the financial crisis and its aftermath.
QE and governemnt spending had o make up the difference as defaults rose.
Jacob Diaz
what happened to previous collapses?
Isaac Gomez
I'm all for a gold standard, but I wouldn't want to go to it until something is done with the debt, whether it be payed off or scaled down with the dollar during the transition to the gold standard. Don't do anything about the debt and go to a gold standard then that $20 trillion will be a lot more than what it already was even if it stays at the same number.
Asher Perry
well after the wall street crash we had ww2.
Nathan White
You didn't even address any points. You only pointed out that wage growth is more than 0, but its still considered "stagnant." Moreover, it doesnt show disparities of wage growth for different areas and skill sets (up until at least last year, most wage growth was in the oil fields).
your other points, and I can't emphasize this enough, had nothing to do with my argument.
Justin Nguyen
You all realize that China is going to be the next world leader before the end of the century right?
Joshua Morgan
Again, you have no facts whatsoever to back up your claims. No sources. You're pulling "facts" right out of your ass. Meanwhile, in the real world, you're still wrong. I guess you thought no one would call you out of your bullshit. Sad.
Sebastian Green
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Carson Lee
>still not even giving an argument.
Logan Green
Anyone in here want to take a wild guess at what the next 4 years look like? /possible scenarios?
Jeremiah Morales
op eats dicks like a fag
Kevin James
ill be rich af
Owen Rivera
I wish I was born later I would have loved beeing a tenager in the real version of deus ex world
Cameron Morris
what would've happened if there wasn't a world war?
Josiah Myers
I'll go then: Antifa does their protesting, and everyone else carries on. Trump does mostly what he said he would do on all accounts. Protesting slowly dies out over the next year or two. MSM doesn't abate much, but few people believe it. Fed gov't continues to grow (but very slowly under Trump), and eventually we have another presidential election. Basically, over time whites will suffer mounting pressure, and also the economy will suffer, for this, and due to the fading of the computer/internet revolution. No new revolution (of industry) takes place that is so quick as the past electronics and computer age. Gradually globalization happens. The end.
Lucas Sanders
Here's another: gradually antifa grows, and there's often protests in the major cities of the US, by minorities, and by whites who have been told that we're all shitty people. All the normies and people like us don't confront them in person, but become fearful and reclusive. The left gains grounds in liberal areas with laws and local officials. The US becomes increasingly divided, along both racial and political lines. Due to the unrest, state police become more of a presence, as does the national guard. The stock market recedes, as fear is in the air. This situation escalates, or the State creates an outside enemy (such as Korea or China) in an attempt to re-unite the US. End game: either total civil war, and/or the globalists win. I hope I'm wrong, but I'm usually pretty good at this.
Jace Jones
it triggered the world war.
Benjamin Allen
A decade is a fat chance. The logistics and capital required alone would be astronomical.
Matthew Ortiz
USA is still seen as the safest asset so foreign countries will continue to buy more USDs/easily liquidated US assets for the foreseeable future
Christian Gonzalez
Why?
Eli Harris
The Fed buys government bonds also
Mason Jackson
USA is special in that it exports its inflation, and will continue being able to do so for the foreseeable future
Thomas Morgan
...
Josiah Kelly
I hope
but you have no evidence that that is going to happen
Michael Kelly
>The people who we owe the money are the ones with risk. The people who we owe money to have been screwed pretty heavily, and it is a no win situation for them
Adam Torres
Maximum of 15 years. Demographics literally mandate this.
It will probably happen before the 2020 elections though.
Judgingby some sectors, it could even be late this year/ early next year.
Christian Cooper
I hope
but it will probably be a little collapse, not the chaos that I wish it was
but no one can predicts this things except for a bage idea of economic cycles
Liam Perez
It will almost certainly be a very, very big collapse.
Anything more than a relatively tiny correction and there will be nothing able to stop the depression. Can't drop interest rates, nobody can afford to buy american inflation. So local prices will inflate.
Deflation (or deflationary scare) will likely preceed this.
Cooper Phillips
What to buy now senpai?
Jaxon Walker
but I mean it will be at worst like 2008
people will go on
the societal collapse that people often talk about will never happen
Lincoln Peterson
This is one reason the Fed is trying to hike interest rates quickly
