Bring on the crisis, I'm ready

Most of you asked for this. You joke about happenings but how many of you really understand why civilizations fall? How many of you really understand history? Do you realize that every single war is fundamentally about gibsmedats, specifically a lack of money or sovereign credit to keep paying for them? It's ALWAYS about money, it's ALWAYS a distraction. History never admits this, because history is written by those who are on the government payroll. Sovereign debt is no joke. Americans want to blame the Fed, why? They can ONLY do what the marxists in congress tell them to do, they tell them to buy government debt. The politicians in congress use the Fed as a patsy. Just wait, by this time next year you won't be laughing any more.

You don't get it. It doesn't really matter who wins the election anymore, it's too late for that. You can vote for all the walls, corporate regulations, and trade barriers you want. The problem is not outside our countries, the problem is inside. THERE IS NO MORE MONEY, people are going to lose their homes and their lives, and THEY WILL DESERVE IT. I'm not fucked up enough to take pleasure in the thought, but I certainly won't pity them. The welfare state is going to collapse. It's over, if you rely on the government for anything then you are completely fucked. If you have any debt what-so-ever, you better pay it off now or sell the underlying asset, or else you are completely fucked. You better liquidate and diversify between gold, bitcoin, corporate bonds, and stocks. If you don't even have any savings, you better start eating potatoes and taking the bus, you better find a way to start saving. You all better start living like your great grandpa when he got off the boat over 100 years ago.

1/2 continued...

Other urls found in this thread:

youtu.be/dROwEc4VyJA?t=85
youtube.com/watch?v=KleseAAmUKw
armstrongeconomics.com/uncategorized/fractional-banking-myth-giro-banking/
twitter.com/SFWRedditImages

2/2

I'm finally accepting it, the NAP doesn't apply to commies. If you're not a hard right libertarian, you are now my enemy. libertarians are not pacifists. War is coming, and it's all thanks to socialism (as always). Not globalists, not jews. No, they are merely predators who will do what predators do best when the fucking marxists leave the door wide open. The marxists beg for regulations on every single aspect of industry and business, and then the globalists use those regulations as a harness to monopolize the entire economy.

Vote for Trump if you want, but don't be surprised when he doesn't have the balls to cut the department of education or the EPA. Don't be surprised when he has absolutely no idea what the fuck to do when the global debt crisis starts to spin out of control next year.

Neo-pol, this is all I have to say to you: youtu.be/dROwEc4VyJA?t=85

Hitler was a dirty fucking nationalist SOCIALIST who merely tolerated private industry so he could tax it. He was insane, and so are you. I can tolerate nationalist libertarians, keep your borders I won't fight you on it, you'll see for yourself when the marxists are all dead or driven underground we won't need them. Anglo socialists are the root cause of all our problems, the sickness is within us, it must be driven out. A lack of border control is not the cause of social decay, immigration control only become necessary in a society that has no respect for private property. Get rid of the marxists, restore the integrity of private property, and then you'll see a society which develops a natural immunity to sponges, degenerates, and barbarians.

The state is the harness which predators and leeches control and enslave us with. Without socialism, there are no globalists. Without socialism, there is no police state. Without socialism, there is absolutely no way the state could ever become as powerful as it is now.

Bad link, I really want to make sure neopol gets the message: youtube.com/watch?v=KleseAAmUKw

It's pretty evident the collapse is soon. Russia and China have been stocking gold and so has Soros.

There will be a financial reset.

>There will be a financial reset.

There is no such thing as a financial reset. There is only the collapse of entitlements, social programs, healthcare systems, etc.

It all leads to war. Life isn't a game, there is no reset button. It won't be one single event, it will be a shitstorm that lasts at least a decade in the best case scenario.

We'll be lucky to avoid WW3, everything else is survivable. I'm not a fear porn addict, I believe humanity can pull our collective head out of our asses once the consequences of socialism start hitting us at full force. I have to believe it.

Why the fuck is this thread not getting more attention? The picture you've painted seems accurate and also horrifying. Are people really just too interested with the idea of a happening, and not concerned at all with the actual logistics? Because that's what I seem to see. This is a scary future heading towards us, we're in trouble.

Minor crash august 26th-30th to test the waters and promote instability.

Depending on who wins, crash before or after elections. If hillary is pulling ahead, well see a crash late September to october. If trump wins, well see a crash late november.

Beware any talk of a "banking virus" locking the use of atms. Most likely on a friday. This is to prevent a run on the banks, and normal atm usage will not return the following monday.

Meh.

Precious metals are wildly undervalued to the tune of millions of tons that only exist on paper.

Pic related, among 30 other documents I've found. All cashed, and all found to be fraudulent.

I'm not sure. I feel like the memes are pretty good.

I'm really done debating. I'm tired of passive libertarianism, tired of negotiating. Tired of letting people pretend they don't know damn well how evil the government is, tired of letting them get away with pretending like they don't know how a road to hell gets paved.

We tried the nice friendly old wise man (Ron Paul), they had their chance. It's time for self defense libertarianism, there is no non-defensive principle. Sponges gonna sponge, they made their choice, fuck them. Shit is going to get bad, so it's just time to stop playing Mr. Nice Ancap.

These days I give every single statist I meet a piece of my mind, and they don't like it one bit, but they don't have anything to say either. It's amazing. When you get pissed off it's like people get a sense that you know what you're talking about, even though they don't want to admit it. I tell them about sovereign debt and how we're all fucked pretty soon, and they look at me like they never met a libertarian before. The eyerolls, the "lolbertarian" snarky comments, none of it.

I just tell people fuck you, you're a sponge, the state is a mob, and you know it.

>You all better start living like your great grandpa when he got off the boat over 100 years ago.
Most people here probably haven't bought a new pair of pants in the last year, never eat out, and live in dingey one room apartments/basements if that's what you mean.

...

>We'll be lucky to avoid WW3
do you want me to be sad or what leaf

>Not globalists. Not Jews.
Stopped reading there.

so you want to die? why not just kys

we cant kill ourselves you stupid son of a bitch, jeez, what are you retarded?

come to canada i'll kill you for 50 bucks

I'm not sad. I'm happy that I'm one of the few people seeing this coming. Reminder, cash is king in a sovereign debt crisis. Any savings you have will be worth a lot, it's the people in debt who will be really fucked. If you want to learn how to survive and even make money off this crisis, just study this economists work: www.armstrongeconomics.com

Also, I just don't see WW3 happening despite the fact that this is exactly the way it would happen if it ever did. I just choose to believe that when shit hits the fan, the right men will show up and put a stop to it. They're out there, they don't bother with politics because they're above it. They're the people who actually make everything in this world possible, the people liberals hate, the entrepreneurs and the businessman, the tradesmen that actually work.

that's the same

>there is no more money

the state literally creates money out of nowhere, it does this every day and has been doing so for centuries, it's literally impossible for the government to run out of money.

No it's not just go on a boat ride with me with 50 dollars in your pocket, I totally won't shoot you in the head and throw you overboard, I'm sure whatever god you believe in wont think that's suicide.

Or if you really wanna die why not just walk to palestine and burn a quaran?

You're a fucking pussy.

not being retarded is not being a pussy

>I wanna die
>N-no that doensn't count

So you'd rather die in a nuclear blast or whatever kills you during WW3?

You're a pussy.

when did i said i want to die you stupid cunt?

...

If you don't want to avoid WW3 it's obvious you want to die retard

ofc i wont die in a war, maybe you are, cos you are retarded

Yeah you can totally outrun nuclear missiles.

Delusional.

National libertarian here.

You sound edgy as fuck. Like a diehard bernie supporter that became too jaded after being betrayed.

You offer zero working policy changes to replace the defunct system. Merely yelling at the internet.

Apologies if you're just venting, but redirect some of that intensity to restructuring the system, or remedying it's flaws.

>muh nuclear missiles

yeah, leaf the next war is going to be a nuclear war

shut up please

Sheeeiiiiit if I lived how my ancestors did when they got off the boat, then I'd be a wharf rat in New Orleans about to get drafted into the Confederate Army.

It's sure is namefaggy in Sup Forums tonight

Are we getting raided?

Piss the fuck off.

Just ignore south Americans thy have shit education and are dumbasses due to their browness.

WW3 will be nuclear idiot. Not to mention you live in fucking Isreal it's going to get run over and you WILL die in a ditch somewhere bleeding out while your women get raped by soldiers from whatever side. You, a person who has no real world experience, or survival skills, surviving WW3? Even if by some miracle Pakistan or Iran don't nuke your ass you'll die in the war, or at the very least trying to run from it.

You're so stupid.

You know nothing. The amount of money the Fed printed for QE is peanuts compared to how much congress spends. The Fed could NEVER and would never even consider doing QE again if it didn't work this time.

All other spending is done not by printing, but by borrowing (issuing bonds). Total government spending in the U.S. is over 6 trillion a year, and the total unfunded liabilities is in the hundreds of trillions.

The real problem is that the Fed will be forced to raise interest rates soon, otherwise pension funds will default. Once the Fed raises interest rates, emerging market debt will explode. The EU will fall apart, there will be sovereign defaults all over the world, and money will come running scared into the U.S. making the debt problem even worse (because this will push the dollar up, increasing the value of debt in real terms).

We are in a global debt bubble, unlike any the world has ever seen. Paper money is very very real, you've been reading too many conspiracy theories written by jews obsessed with gold.

good luck with your next president

if it happen only the 1 world is going to disapear, so i hope the war comes

>WW3 will be nuclear idiot
Doubtful. Everybody knows what happens when nukes are used. The only country who'd use them is Israel so let's pray they get exterminated too fast to enact the Samson Option.

Nice buy more gold ad. Try to put it in a little less text next time, it may work better and get more attention.

Every time I see an American saying ignorant shit like this I will remind you my country is whiter than yours.

Stay mad Tyrone.

Good thing i'm a dentist. I don't care if people trade me pigs and bread to get them out of pain with root canal therapy or fix a broken tooth. Go out and get a skill that people will pay you for, whatever the currency becomes.

Remember, libertarians always know more than you do

Monkeys always reply. Thanks for the (you)s niggers.

Really, that's what you got from this?

I'll be the first to tell people Goldbugs don't know anything about money, and I don't own any gold except a few gold coins.

And why wouldn't a nation that is fighting for their very survival in total warfare not use their nukes?

So here is the real question are the bankers influencing the economy to cause world war?
Also what is the next big step that is going to happen?

>Wanting to copout before you can watch the world tear itself apart in a frenzy to destroy the west

Leaf, I don't care if I end up lined against a wall while an army of Muslim Chinese Slavs slaughter my countrymen around me. As the firing squad shoots me, I will die laughing, as long as I end up in the same mass grave as the arrogant leftist scum who make my life a living hell.

Propose a solution to fiat and fractional reserve banking in its current form.

Help become the change by popularizing the correct ideas, but be specific.

Vague goals lead to disillusion and failure.

For example, what is a better alternative than how the federal Reserve works?

Bump until OP proposes an alternative in specific terms.

You can't just name an ideology as an economic platform.

Are we altering the current system, or scrapping it entirely and using something new?

Gold backed? Demurrage? Negative interest?

Complaining and fear mongering solve nothing without the knowledge to implement a better system.

Fuck off Stefan. Nobody likes your gay little """""philosophy"""""" show

He lives in south america. They're basically untouchable, because nobody WANTS to touch their filthy asses

> So here is the real question are the bankers influencing the economy to cause world war?

No, I figured all this out after I went down the conspiracy rabbit hole myself. All wars are caused by sovereign debt, literally just caused by socialists taking out loans under the names of the unborn. Everything seems fine until you get a sovereign debt crisis, don't believe anyone who tells you the government can just "print more money", that's just a meme. The government borrows money by issuing debt securities, and they pay interest on those securities.

> Also what is the next big step that is going to happen?

The reason Yellen said "we need to normalize rates" is because she knows pension funds are getting fucked at these rates, and they will go bankrupt without any interest earnings. Most pension funds are legally required to hold at least 70% in government bonds.

The problem is how much US denominated debt is held overseas, the ONLY reason the Fed hasn't raised rates already is because they know it will bankrupt nations in emerging markets as well as bankrupt Japan and the EU itself.

Yellen inherited a complete fucking nightmare, but she will be forced to raise rates by the pension holders in the domestic economy. There is literally nothing she can do, she is damned if she does and damned if she doesn't.

The solution is for socialism to die forever.

Fractional reserve banking is not a tool of socialists, and there's nothing evil about it. Banks don't create money out of thin air, the lend it out and make a profit on the spread in interest. YES, banks lend your money out but they also give you a portion of the interest earned (hence interest earning savings account).

armstrongeconomics.com/uncategorized/fractional-banking-myth-giro-banking/

The real problem is government borrowing, the real scam is socialism. The state shouldn't even have a monopoly on the creation of currency.

Currency laws need to be repealed, without a state monopoly on currency creation socialism doesn't work.

The petrodollar needs to be successfully displaced, and the major reserve status of the dollar needs to unravel before a sovereign debt crisis happens.

Those nations that hold our sovereign debt? They also hold dollars. Lots of dollars. They lose money if that debt is ever "cashed in." It's in their best interest to keep the dollar propped up.

I will agree that a crashing emerging market will panic investors into buying the dollar, which will increase its value. Anyone with a variable rate loan will be fistfucked, and considering the cdo problem is nearly twice the size of 2008, it's cause for concern.

>interest earning savings account
either fucking idiot or great troll

If you were paying attention you would realize low interest rates are in fact a symptom of government borrowing and interest rate manipulation, and not fractional reserve banking.

Still kind of vague, but at least you're naming areas of concern now.

What currency laws, specifically, or rather, what aspects of currency law should be abolished or changed?

Are you advocating the end of welfare programs like social security, medicare, etc? If so, do you keep any of them?

Are there certain types of banks that are less succeptible to market volatility? (Global banks, financial institutions, credit unions, etc.)

Got to be honest, kinda bummed there might not be full scale WW3

>the system actually works with this feature!
>the feature doesn't work right now because of the system...

your ignorance and childlike foolishness will be your downfall

First of all that doesn't make any sense. They hold way more debt than they do cash, it's not even close at all..

Secondly it's no longer the petrodollar, it hasn't been for a long time. The U.S. dollar simply maintains it's status as the reserve currency because they are the biggest market for debt, anyone can issue debt in U.S. dollars, other countries don't allow that to happen with their currencies.

Yellen is caught between managing the U.S. economy and the rest of the world, this conspiracy meme about the U.S. wanting control of the reserve currency is really ironic considering the whole problem is that Yellen is caught between what Americans want and what the rest of the world wants.

Based on OP's responses he sounds like he just watched zeitgeist and a couple Ron Paul videos.

Purely reactive, and angry, offering no clear solutions to the defunct system other than the government borrows too much and socialism needs to die.

You still have to find a way to change those things, friend. Find a long term solution that benefits a nation.

Should we keep fractional reserve banking and fiat currency, or try something else?

>there is to much money
The exact opposite. Theres to much money, inflation is the problem. Couple that with the fact that all curriences have moved from claim notes to fiat currency. Which bassically means no currency in the world is backed by gold. So our money is worthless.

>If you have any debt what-so-ever, you better pay it off now

Why would I pay off debt now dumbfuck? If I owe 10k now it will be 10k later. If I have 10k in hard assets they will be worth more than 10k later.

Reading comprehension eludes you.

Fractional reserve banking and socialism have absolutely nothing to do with each other, one can exist without the other. Banks do not control interest rates, the only reason rates are so low is because of government debt and short term interest rate manipulation.

God damn it. I meant:
>theres no more money
Sorry, its late.

Because interest rates are going to explode, along with the value of the U.S. dollar (good thing for people with savings, not for holders of debt). Your 10k in debt can quickly turn into 30k in real terms.

>no longer the petrodollar

As long as OPEC nations continue to sell oil in dollars only, the petrodollar exists. The fact that in order to purchase oil dollars must be used, is a huge contributing factor to the appeal of holding US debts and dollars.

I completely disagree with the sentiment that the petrodollar is gone, or somehow irrelevant. Amy attempts to subvert it have been met with military action, destabilization of the country, or severe sanctions that have ruined economies.

See: iraq, libya, russia, syria, etc.

The Austrians don't know what they're talking about when it comes to inflation and money. Which is too bad because they are actually sane and right about pretty much everything else.

When empires fall (like Rome) deflation is the issue, not inflation. Just watch, the U.S. dollar is going to explode in value.

Inflationary spirals only happen after empires collapse, or when new governments try to create money and the people don't trust it.

Interest rates aren't immediate. It's it's 10k now it's not suddenly 50k tomorrow. If 10k dollars is now 50k dollars because of inflation your debt will still take some time for the interest rate to have an effect. In other words paying it off now is stupid. Are you a college student?

Only for variable rate loans, but yes, you're correct.

Should yellen raise rates, leave them, or try negative interest like other nations have been doing? (Japan, parts of europe, scandies, etc.)

Negative or low rates tend to promote spending by corporations and industries, which can promote growth, while also chipping away at any savings, and potentially causing a bank run.

Raising rates will slow the economy, cause market fear/greed, and promote saving by corporations due to the unstable market short term.

Which do you think is best, domestically?

Ok say they stop selling oil in dollars, the petrodollar no longer exists. Doesn't matter, the U.S. dollar would still be the reserve currency, the demand for it is too high. Think of it this way, the U.S. dollar is the only market big enough to park large amounts of institutional money when people are afraid to invest or spend. It will still be the reserve currency no matter what, people still don't trust China enough to park all their money there.

You don't get it, it's not just the interest rates it's the fact that the US dollar could double in value during the scenario I describe. So your debt in REAL TERMS doubles in value.

Yes, but you're forgetting that if oil is no longer sold in dollars, another currency will take its place.

If the petroeuro became a reality, I can guarantee the amount of reserve dollars owned will fall, and the amount of euros bought as a reserve will rise.

The dollar will ultimately become less and less appealing as a store of wealth, and the perceived weakness will push investors into more appealing markets.

I think you severely underestimate the importance of the petrodollar in terms of American financial success.

You're not explaining it clearly enough.

I'll help.

Hyper deflation will increase the value of your dollars by a ridiculous amount. Sounds great right? Food, energy, etc will all be cheaper.

The problem is that banks will be lending less. Much less. Profit margins will become slimmer and slimmer. Layoffs will increase, overall government spending will decrease.

Basically if you can keep a job, or store wealth, you'll be ok. If your job is succeptible to a rate increase then you're fucked.

BTW the low price of oil is forcing most drillers to pump constantly just to keep the lights on, and take advantage of low interest to borrow huge sums to cover production costs.

What do you think will happen when the cheap money runs out?

> The dollar will ultimately become less and less appealing as a store of wealth

No this is something that will happen very quickly over a period of a few years. It will become so appealing (relative to the economic uncertainty around the world) that it draws in hedgers from all over the world until it bankrupts the United States, at which point it loses all of it's appeal at once. The U.S. dollar will shoot up in value just like a stock market bubble, and then it will crash and burn hard. This is very similar to how Rome fell.

> I think you severely underestimate the importance of the petrodollar in terms of American financial success.

Again just a meme, American financial success was because of it's sheer size and population combined with the fact that it was founded on the principles of economic freedom.

EXACTLY. It's a debt bubble, and deflation is the pin that will prick it.

2008 was basically just about real estate debt, but this time... it's literally everything. It's literally just the biggest debt bubble the world has ever seen.

This is the happening of our lifetimes, and probably the most important moment in history since at least 300 years ago when the age of monarchies ended.

This is the death of marxism/socialism, but depending on how the public reacts to it... we could be entering a dark age of fascism, or a new age of liberty.

>new age of liberty
People cant even function without their phone. Let alone take care of themselves. Fascism would be welcomed if it gave them someone to look to for guidance.

Well I believe half of what makes other people who they are, is who we imagine them to be. By choosing to believe the rational man exists, I act in a manner that will help bring about such a reality.

There is literally no point in being a cynic IMO, and I say that even though I know full well from experience how scummy and ignorant a lot of people can be.

Well glass half empty, glass half full I guess. Everyones got their own views. But we can both agree we are headed down a dangerous road, but everyone seems to be ok with it. So maybe it will be for the better. But its gonna get really dark before the sun comes up.