Is A New Great Depression Coming

Topic by AngryMGTOW

AngryMGTOW

Home Forums MGTOW Central Is A New Great Depression Coming

This topic contains 43 replies, has 27 voices, and was last updated by AngryMGTOW  AngryMGTOW 1 year, 4 months ago.

Viewing 20 posts - 1 through 20 (of 44 total)
  • Author
    Posts
  • #855321
    +12
    AngryMGTOW
    AngryMGTOW
    Participant
    67

    So some you guys, will remember hearing about the roaring 20’s. It was a time when people thought things were better than they really were. Women were increasingly entering the workforce, and trying to take on the roles of men, Hollywood was outrageous as always, with stars walking the carpet that had been married even 5+ times. It was lunacy as it is today, and then s~~~ hit the fan. The markets crashed

    interesting article

    To summarize what led to the crash, while many thought it was the stock market crash, it was actually multiple things. On the surface, Bank failures (9,000 banks failed during the great depression), reduction in purchasing (when people think the economy is bad, they stop spending), trade war, and economic hardships all played a role.

    In this environment, the term Hobo became popularized, which was symbolized by a poorly dressed man, walking with a stick and a pack of his possessions, slung over his shoulder.

    Lets compare it to today’s economy. In June the unemployment rate was around 3.9 percent. One of the lowest unemployment rates to date in the last few decades. Here is what’s questionable. The unemployment rate fell, not because a lot of new jobs were created, in-fact in June significantly fewer jobs were created, than expected. The unemployment rate fell this low because, so many people able bodied people, gave up and dropped out of the workforce, and the government no longer counted them as unemployed.

    The stock market has been hitting record numbers for the last few years, it’s literally been out of control, while experiencing a few minor corrections here and there. The market keeps going up, while the lives of the average American is in reality getting worst. Many market analyst project that the next recession has to statistically happen by 2019, based on current market conditions. Historically a recession happens every 4-6 years, and the longest we’ve ever gone without a recession, has been 10 years (which has only happened once).

    Lets talk about what caused the great recession in 2008. The housing bubble mainly. This actually led to a global recession. Now consider this, we have student loan crisis on our hands currently. It something being discussed, but not taken seriously. Subprime loans are still alive and well. Wage growth has been stagnant for about a decade now. Millennial’s are predicted to never recover from the effects of the 2008 recession. We are on the brink of a major global trade war (America first is the big thing right now).

    Currently the government claims the economy is booming, and everything is rosy (even as the job market and available labor force continue contracting), Social Security which is made up of two funds, will run out of half of it’s funds, in less than 10 years, and the remainder will be gone entirely by 2034 (based on government projections).

    Considering all these economic conditions, it seems highly obvious that a depression is quite possible, and is just right around the corner.

    Something interesting, is that in this environment, women were still heavily insulated from the Depression. Yes there are stories of women singing in a club for a bag of potatoes, however they still had homes to go back to, men; their family members, and the community all pitched in and provided for women.

    Today women have priced themselves out of the work force (they are passing bills in different states banning non-disclosure agreements), so women can sue there employers in court and post claims on social media (while avoiding arbitration). Men are not marrying, and this will be the first generation of women that don’t have marriage as a plan B. The government is increasingly cutting back on welfare spending and reform is on the horizon. Many of you say it’ll never happen (and then it happens). Women hold the vast bulk of student loan debt (over $800 billion, with the average borrower owing at-least $44,000 for a bachelors degree). With these dissolving of non disclosure agreements, companies will see women a potential risk. S~~~ fire all the men and hire only women, and women can still make up anything they want to at any time to shake the company down for money (forcing them to settle out of court). Hiring women will be seen as an insane decision, which companies will simply avoid (f~~~ hiring quotas, and they will use a recession/depression to clean house and get away with it). Where does that leave women? FEMA Camps.

    So what do you think? Are we headed for a depression?

    Love God, Go MGTOW, Get Money

    #855326
    +4
    Buller100
    Buller100
    Participant
    2189

    I can see the logic and there is usually a correction every 10 years , markets are high robots can do many jobs people were needed for before , humans as a whole are thick.

    Oceans are destroyed , rain forests look at the wars , tribalism , religion , dare I say guys still marrying ?

    Its hard to make a case for a decent future.

    #855328
    +4
    Wally
    Wally
    Participant

    We are overdue for a correction in the economy and stock market. The problem with social security is not having enough money for its actual purpose but all the other hands that dip into it. For example the below link shows how child support is enforced for the states. The states especially mine (Texas) loves collecting child support for the single mothers.

    https://www.acf.hhs.gov/sites/default/files/olab/cse.pdf

    The debt women have collected for education is staggering but you won’t see women in FEMA camps, there will always be white knights. I see increased taxes happening, a pseudo tax on unmarried men to help pay the debt of women. It won’t be called the bachelor tax but that’s essentially what it will be.

    "what a waste of a life, to marry, give up your freedom, just for the hope of not dying alone. Don't get married Son."

    #855329
    +5
    Branched off
    Branched off
    Participant
    10920

    I think it is inevitable. The model of liberal capitalism’s continual growth was deeply flawed. Continual growth is impossible in nature, why should it be possible because some over privileged liberal academic thought it was?

    Good point you make about women being a lot less insulated these days -oh I am looking forward to watching that one go.

    The same continual expansion of women’s “rights” (privileges) is also impossible. they have to hit their peak. There has been pretty much straight line growth but I think there is less volume in trade in feminism these days and things are looking a bit choppy and volatile. If you are an Elliot wave man, then this is the third wave of feminism (which should give us all a smile). This should be the last one. We could be just seeing a point of consolidation in the third wave though. Don’t get excited yet.

    The only good thing O’bummer ever said was “Its the economy stupid” (Not that he did anything about it). Prosperity fuels feminism. Women can be given privileges because we can afford to listen to them whine. When a big recession becomes a depression then the price of pussy crashes.

    Here’s hoping for a depression.

    A woman is like fire -fun to play with, can warm you through and cook your food, needs constant feeding, can burn you and consume all you own

    #855340
    +3
    BigD
    BigD
    Participant
    3024

    Is a crash coming? Yes. When? Your guess is as good as mine. No one can predict the market. If they say they can they are lying.

    Don't stick your dick into anyone you aren't willing to put up with for eighteen years and nine months.

    #855352
    +4
    SH3LLZ
    SH3LLZ
    Participant
    5569

    We are overdue for a correction in the economy and stock market.

    ^^This. We are well overdue. With the employment at this capacity the markets can’t sustain this type of growth for much longer. It take just one major sector to bust everything down. Housing? Education? Trade war? Another retail crash? Who knows…

    Save your pennies now. The next crash will be epic.

    #ICETHEMOUT
    #MANOUT
    #HIDEYOURWEALTH

    #ICETHEMOUT!!! #MANOUT!!! #HIDEYOURWEALTH #VAGINAISWORTHLESS

    #855354
    +2

    Anonymous
    12

    It will Rain soon!

    sure.
    it will ALWAYS rain SOON.

    but… PANIC!!!
    but… THEY ARE GUILTY!!!

    Nah.
    Mgtow keep walking.

    #855362
    +3
    AngryMGTOW
    AngryMGTOW
    Participant
    67

    The debt women have collected for education is staggering but you won’t see women in FEMA camps, there will always be white knights. I see increased taxes happening, a pseudo tax on unmarried men to help pay the debt of women. It won’t be called the bachelor tax but that’s essentially what it will be.

    And that’s where you’re wrong, I’ve said this countless times, that the government doesn’t care about women. Women were useful idiots, that were used to facilitate division, wealth re-distribution, instability, and economic turmoil. The white knights can’t afford these women. MGTOW generate wealth, the average simp doesn’t have money to take care of a woman, and in the climate of #METOO you’ve gotta be kidding me (most won’t even dare approach one). There are new laws and policies being put into place everyday. Don’t be surprised when a wolf whistling and cat calling law gets passed in NY (with fines into the hundreds and imprisonment).

    Simps don’t create wealth, and most of them don’t have wealth. Women have screwed the pooch too hard this time. A pseudo tax on men won’t happen, it would have to be equally distributed among men and women. Meaning it would affect single unmarried women too, who would call it a burden. A man tax believe it or not is illegal. FEMA will happen, because there will be a social outcry over the poor state of women, and as a result, they will begin opening temporary housing facilities (for the women and their kids), headed by FEMA hahahaha. Katrina round 2 is all I’m saying!

    We are overdue for a correction in the economy and stock market.

    ^^This. We are well overdue. With the employment at this capacity the markets can’t sustain this type of growth for much longer. It take just one major sector to bust everything down. Housing? Education? Trade war? Another retail crash? Who knows…
    Save your pennies now. The next crash will be epic.
    #ICETHEMOUT#MANOUT#HIDEYOURWEALTH

    ^^ Yes, Yes, Yes; what you said. F~~~ing yes, you f~~~ing get it. Everyone is in the blue pill bubble right now. They can’t see out of the bubble because of all the crazy s~~~ women have gotten away with and received. In reality, look at things from a logical view, and you can see what’s coming.

    Now how funny is it, when the crash of one major section has a domino effect on the others. For example the education crash leads into a demographic crash (Gen Y), the demographic crash, leads into a housing crash (yeah Gen Y aren’t buying homes, and all those overpriced piece of s~~~ one family homes selling for 1 million dollars in L.A., lose half or more of their value overnight, leaving the idiot who purchased it at $600k 5-10 years earlier, thinking they were going to flip it for double f~~~ed). From there the housing crisis leads into the retail market, as spending on housing is driving down production (while increasing cost), retail then suffers as people begin pulling back as less money is now flowing into the economy (the Feds begin panicking), Americans begin losing their s~~~ as the price of things become inflated, and of-course the overseas markets are blamed for raising the prices up on us, as our s~~~ dollar slumps. America responds by raising their trade prices and adding tariffs (The slogan America first is everywhere); a trade war breaks out, sinking the U.S. deeper into a recession, but we can’t back out as it would make us look weak and send a message that we can be taken advantage of, so we have to ride it out. The first jobs to go are cashiers, and other low level jobs predominantly held by women as companies make a move to full automation (transforming the workforce forever). Men lose fewer jobs, while women lose the vast majority. Social Security begins to run out of funds faster than expected because an increasing number of people, are now retiring and taking their social security, many of these people are entitled to collect it (revised predictions suggest that Social Security will run out of funds entirely in the 2020’s, and possibly even within coming years, if the government doesn’t reduce benefit amounts to recipients).

    Soup lines, food lines and clothing lines pop up in all major cities. Mass homelessness is a thing. Trying to add a man tax is like trying to suck a golf ball through a straw. Temporary housing becomes a thing headed up by FEMA to help women (these are f~~~ing FEMA camps lmfao). It’s a f~~~ed up time for women and simps (because simps don’t create wealth, and will be f~~~ed along with the women).

    Love God, Go MGTOW, Get Money

    #855364
    +7

    Anonymous
    1

    I don’t think there will be a “New Great Depression.”

    There will just be a never ending series of recessions every 10-15 years. The 2008 recession created a whole generation of “failure to launch” still living with Mommy and Daddy scenarios. The situation will keep getting worse, until we are back to peasant status. A Feudal age is upon us, but with a corporate nobility instead. Middle class was a thing of the past.

    #855366
    +1
    AngryMGTOW
    AngryMGTOW
    Participant
    67

    I don’t think there will be a “New Great Depression.”
    There will just be a never ending series of recessions every 10-15 years. The 2008 recession created a whole generation of “failure to launch” still living with Mommy and Daddy scenarios. The situation will keep getting worse, until we are back to peasant status. A Feudal age is upon us, but with a corporate nobility instead. Middle class was a thing of the past.

    LOL your doomsday scenario is way worst than mine lmfao!

    Love God, Go MGTOW, Get Money

    #855369
    +3
    Eyeswideopen
    Eyeswideopen
    Participant
    2930

    Yes. If you have the cash in your account, it will be a huge buying opportunity in the stock market.

    But, don’t hold onto cash too long as it will soon be worthless.

    When? No one knows for sure, but soon.
    Then the Fed will expand the monitary supply. First a small deflation followed by massive inflation.
    People will look to preserve wealth. Gold and silver will go to new highs. There will be another “New Deal”, based on a global currency. Governments of scale cannot operate on a fixed monetary supply. They need fiat currency. The stock market will just be valued in this new currency.

    It sounds silly, but Monopoly is a great teaching tool. I buy dividend paying REITS, utilities, telecommunications, manufacturing, infrastructure “sin” companies. They will take a beating. On the downward slide I will buy more with my fiat currency.

    - Marriage is described as an institution. You would have to be crazy to be commited to it. -"If you want to live a happy life, tie it to a goal. Not people or things" Albert Einstein

    #855398
    +3
    Solid
    Solid
    Participant
    7520

    Lets compare it to today’s economy. In June the unemployment rate was around 3.9 percent. One of the lowest unemployment rates to date in the last few decades. Here is what’s questionable. The unemployment rate fell, not because a lot of new jobs were created, in-fact in June significantly fewer jobs were created, than expected. The unemployment rate fell this low because, so many people able bodied people, gave up and dropped out of the workforce, and the government no longer counted them as unemployed.

    I don’t get it, you are saying like, “house wifes” and people on welfare are not counted ? Or which people they don’t count ?
    Here we have about 13% of unemployment rate, because they don’t count house wifes or people on welfare into that, or else if would be near 25%.

    S~~~ fire all the men and hire only women, and women can still make up anything they want to at any time to shake the company down for money (forcing them to settle out of court). Hiring women will be seen as an insane decision, which companies will simply avoid (f~~~ hiring quotas, and they will use a recession/depression to clean house and get away with it). Where does that leave women? FEMA Camps.

    That is happening in IT slowly, c~~~s are being hired because of an agenda, then those c~~~s start only hiring c~~~s… In the end of the day, a team of 50 people, only 5 guys are responsible for the whole work, and people apply the socialist bulls~~~ like “the team”, so the “team” is pressured to work harder, those 5 guys have to for like 10 guys, and being paid equality with the c~~~s or else “wage gap !!!!!”

    We should let everything sink, I don’t give a s~~~.

    #855403
    +3
    743 roadmaster
    743 roadmaster
    Participant

    Will never be a situation like the previous great depression. A few years back banks were failing left and right. Idiot laws making banks take risky loans in a weak economy. There were days when the market would crash over 500 points. The set up was totally ripe for a crash and burn. Yet here we are today. Trump is working on correcting the stupid from 0bama and Bush. Economy is 100% better. Even with the deep state openly working against him.

    Talk to me about a great depression once Trump is out of office and the socialist/liberal/leftist are once again running the economy.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #855405
    +2
    AngryMGTOW
    AngryMGTOW
    Participant
    67

    Will never be a situation like the previous great depression. A few years back banks were failing left and right. Idiot laws making banks take risky loans in a weak economy. There were days when the market would crash over 500 points. The set up was totally ripe for a crash and burn. Yet here we are today. Trump is working on correcting the stupid from 0bama and Bush. Economy is 100% better. Even with the deep state openly working against him.
    Talk to me about a great depression once Trump is out of office and the socialist/liberal/leftist are once again running the economy.

    Hmm, you’ve been blinded. Trump can never fix the multitude of s~~~, that has been piled up for Decades, within a term, or even multiple terms. The Student loan crisis, the true unemployment rate, the social security hole that keeps widening and so much more. Trump has more or less put a big band-aid over on a wound that has resulted in internal bleeding. No one wants to admit that the U.S. is bleeding from the inside out, but the longer we avoid the issue, the worst it’s going to be when it finally catches up to us.

    Love God, Go MGTOW, Get Money

    #855408
    +4
    Monk
    Monk
    Participant
    16975

    Yes.

    “We will make it so bad for them that they will beg us for dictatorship”. Henry Kissenger.

    #855420
    +1
    Faust For Science
    Faust For Science
    Participant
    22520

    Trump can never fix the multitude of s~~~, that has been piled up for Decades, within a term, or even multiple terms.

    President Trump can fix the mess by treating the situation like a bankruptcy and he nullifies all the debts.

    What are the banks going to do considering his supporters are those with most of the guns and cover most of the territory.

    “We will make it so bad for them that they will beg us for dictatorship”. Henry Kissenger.

    Be careful what you wish for. You may get a dictator whom is your enemy and whom the people will follow.

    #855429
    +2
    Ironheart
    ironheart
    Participant
    942

    That is happening in IT slowly, c~~~s are being hired because of an agenda, then those c~~~s start only hiring c~~~s… In the end of the day, a team of 50 people, only 5 guys are responsible for the whole work, and people apply the socialist bulls~~~ like “the team”, so the “team” is pressured to work harder, those 5 guys have to for like 10 guys, and being paid equality with the c~~~s or else “wage gap !!!!!”
    We should let everything sink, I don’t give a s~~~.

    I vouch for this. I have seen this also over the past ten years. I lost two well paying long-term contracts because women took over the management of the offices. Women even treat other women like s~~~, which is another reason men get pushed out.

    I also see a lot of shops where they will not hire women anymore. They are seen as too disruptive. Some are very productive. But even those few women resort to being bytchs in the work place, and any man is fair game. It does no good to have women under the roof when they cannot keep their s~~~ in check.

    "Women have become so full of hatred that they are blind to reason and humanity. That which they practice will be the end of humanity, long before any war that men may fight.." "Women are predators by nature. Why else do you think they are so quick to gang up and go after a man they hate for showing any sign of weakness?"

    #855432
    +2
    Beer
    Beer
    Participant
    11832

    I don’t get it, you are saying like, “house wifes” and people on welfare are not counted ? Or which people they don’t count ?
    Here we have about 13% of unemployment rate, because they don’t count house wifes or people on welfare into that, or else if would be near 25%.

    The way they calculate unemployment is basically only unemployed people who are looking for work count. If you are a house wife by choice, a student, or on disability, you would not count as unemployed. If your on some other welfare program, I guess it would depend on the individual situation.

    Its probably going to be rather low for the next 5 years or so pretty much regardless of what the jobs numbers look like just because boomers are all retiring, and retired people don’t count as unemployed. If you’ve got more boomers retiring next month than new people entering the work force and looking for jobs, you could in theory see a net loss of jobs and the unemployment rate drop. Also, we’ll never see 0% unemployment just because of job churn…you’ll always have people getting laid off who may end up unemployed for a few months between jobs even if we have way more job openings than people looking for work. If you are entitled to 6 months of unemployment from the government after getting laid off it would be crazy not to take advantage of some “free” paid time off.

    #855433
    +3
    Carnage
    Carnage
    Participant
    22113

    No, not for me.

    I dont care.

    To those following me, be careful, I just farted. Men those beans are killers.

    #855438
    +1
    Beer
    Beer
    Participant
    11832

    Hmm, you’ve been blinded. Trump can never fix the multitude of s~~~, that has been piled up for Decades, within a term, or even multiple terms. The Student loan crisis, the true unemployment rate, the social security hole that keeps widening and so much more. Trump has more or less put a big band-aid over on a wound that has resulted in internal bleeding. No one wants to admit that the U.S. is bleeding from the inside out, but the longer we avoid the issue, the worst it’s going to be when it finally catches up to us.

    I’d disagree with some of those things being a problem.

    Student loan “crisis” for example. The numbers are bulls~~~. You’ll always hear things like “the average student loan balance among 2018 with student debt is around 33k.” Well great…why can’t we include students with no debt? Oh yeah…because the average with plummet. It makes for far more sensationalized headlines to instead run an article about people with six figures in student debt, who are a tiny minority, who drive the average way up. What most people owe in student debt is less than the price of a new car…I don’t see how that is a life shattering amount of money…its called suck it up and get a second job for a few years to pay it off early if you got a degree in something low paying.

    Social security? Easy fix. They can do nothing to it and when the money runs out just start paying out 70% of benefits or whatever incoming tax revenue can support. It might just mean some people have to get a room mate in retirement or something…but really we all know its a s~~~ty program, if you know this your entire life and still save jack s~~~ for retirement you have nobody to blame but yourself. No doubt some millennials are obviously going to be going into retirement in debt, but some boomers are too, its not like anything will change.

    True unemployment rate? I don’t think the unemployment rate is a big issue right now…I think its more a matter of stagnant wages. Wage growth has been accelerating under Trump. Stagnant wages has been an issue that has taken multiple administrations to develop. I wouldn’t imagine Trump could fix it entirely in two years, but if he gets things headed in the right direction to hand off to the next guy, that is a massive win. I don’t know what you’d expect here, we aren’t all going to just get handed a 20% raise next year because wage growth has been slow for decades.

    I think our next major crash is going to stem from government debt. If you look at a pie chart of government spending, every year interest on debt becomes a bigger piece of the pie. One side of the aisle wants tax cuts, the other wants spending increases, and neither seems all that interested in any significant reduction in spending. Eventually we’re going to have some heavy tax increases and spending cuts all at the same time as we have a Greece style debt meltdown, and when we do, its going to be ugly. It just sucks we could make small changes now to prevent that in the future but most people are just too short sighted to understand a little pain and sacrifice today can prevent a lot down the road.

Viewing 20 posts - 1 through 20 (of 44 total)

You must be logged in to reply to this topic.