Is A New Great Depression Coming

[Sky-OParticipant 18948]

All economic ‘depressions’ are artificially created by the same entities that orchestrate a ‘booming’ economy.

It is all an illusion. But one that benefits the top 4% primary during the boom but also during a crash when they swoop in and buy up assets with hard money then the cycle eventually repeats itself again.

It is the nature of three forces working in cohesion:

01: Central banking & fiat money

02: Socialized easy credit for the masses (Easy credit offsets the fact that real wage rates after taxation are not enough to live and prosper with)

03: Manipulation of financial markets, interest rates and socio-economic class structure by the political and economic elite (Made possible with multiple tools: including but not limited to, an income tax code, interest rate subsidies, laws that cater to certain segments of the economy and social welfare programs acting as bandaids that hide wounds in a fundamentally flawed economic system)

[Prefer Peace to PieceParticipant 10809]

New Great Depression?
Absolutely.
Many reasons. Fiat money and massive debt accumulation may be among them.
I personally like gold, although I have had my backside handed to me with gold and silver.

After the reset, we might have a new form of currency.
(Maybe the price of fleshlights will drop)

[Ranger OneParticipant 16836]

Wizard’s Pupil: Curious, is your screenname a reference to Faramir?

All my life I've had doubts about who I am, where I belonged. Now I'm like the arrow that springs from the bow. No hesitation, no doubts. The path is clear. And what are you? Alive. Everything else is negotiable. Women have rights; men have responsibilities; MGTOW have freedom. Marriage is for chumps. If someone stands in the way of true justice, you simply walk up behind them and stab them in the heart-R'as al Ghul.

[AngryMGTOWParticipant 67]

The bigger they are, the harder they fall. 21 trillion in U.S. debt using monopoly money not backed by anything other than how much you believe in it. Yea that’s going to work out real well.

Love God, Go MGTOW, Get Money

[Author]

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