So when is this bitch (US/world economy) going down anyway?

[LightBringerParticipant 440]

The writing on the wall of this too-big-to-fall QE inifinty endless fiat currency madness can’t go forever but I thought it was going down about 2008, or 2012 yet it goes on with no signs of stopping.

Any ideas? Because bunkering in is a lot less productive if I got years left to ride this bitch out still.

[HitmanParticipant]

i,m no expert . there are others here that know more..
i can tell you to be ready with basic goods you may need day to day ..
food, guns,ammo,fire sources,shelter,trade goods,medicines .
live now and enjoy it , but plan on a fail, not only economic, but natural disasters.
72 hrs until riots break out after emergencies .
people don’t plan to fail , they fail to plan .

[harpo-my-“SON”Participant 2410]

Believe it or not religion will extend it..The smart intellectual people of faith will continue to pull from all government assistance and keep the experiment in self governance going. while they ship in foreigners to replace the tax base. I will drop all public assistance, benefits, privileges and entitlements and pay nothing to support government. Government will ship in more people to replace people like me who find lawful ways out..The people that they ship in will be glad to pay tithes to the government that invited them..

I was bound to be misunderstood, and I laugh at those who misunderstand me. Kind mockery at the well intentioned, but unfettered cruelty towards those would be prison guards of my creative possibilities. This so as to learn as much from misunderstanding as from understanding. Taking pleasure in worthy opponents and making language fluid and flowing like a river yet pointed and precise as a dagger. Contradicts the socialistic purpose of language and makes for a wonderful linguistic dance, A verbal martial art with constant parries that hone the weapon that is the two edged sword of my mouth.

[Won'tGetFooledAgainParticipant 3293]

The government (in the UK anyway) know that the only thing anyone cares about is how much their house is worth. They know this is the only thing that drives the economy, and everyone is wanking themselves off and feeling smug at their amazing investment as they discover their house is now worth double what they bought it for 5 years ago.

Nobody gives a f~~~ that families are priced out of the market and living in a one bedroom flat because the boomers all live in 5 bedroom houses and each have 5 buy to let properties.

First of all they reduced interest rates to 0.5% to keep this ponzi scheme going, then they introduced a help to buy scheme to lend buyers 25% interest free. Finally that wasn’t enough, so they let the boomers take their pensions early and allowed them to invest this money in property.

In 2008 when it looked like the banks were going to go under due to reckless lending the government stepped in and bailed out all the banks. So the message they are sending out is we will always bail out the stupid idiots who borrow as much money as they can get their hands on, but we will f~~~ over sensible savers by giving them virtually no interest.

So the banks have learnt a very valuable lesson, lend as much money as you can to idiots who can’t afford to pay it back because even if the loans go bad the government will step in and sort out the mess.

I am guessing that most MGTOW are sensible, frugal and have no debt. You are exactly the sort of people the government couldn’t give a f~~~ about as they only care about the people who want to get in debt and spend as much money as they can.

Nothing bad is going to happen, the rich will just keep getting richer and the government will just keep printing more money to cover up the mess.

For women, everything eventually boils down to Alpha Fucks, Beta Bucks.

[PaulRevereParticipant 35]

Sadly, and I suppose ironically, the timing of the meltdown will be extended for quite awhile due to sheeple. The conflicts around the world will continue more or less as is, without congressional authority, against those countries who choose not to participate in our central banking scheme of fiat currency and would rather have a gold back.

[Anonymous 24]

PaulRevere wrote:

Sadly, and I suppose ironically, the timing of the meltdown will be extended for quite awhile due to sheeple. The conflicts around the world will continue more or less as is, without congressional authority, against those countries who choose not to participate in our central banking scheme of fiat currency and would rather have a gold back.

Yea, Ghadaffi wanted to create a gold based currency and was going to stop taking Federal Reserve notes for his oil. BOOM dead, country destroyed, ISIS rises and goes into another country that the U.S./Israel wants to go down. Hmm, how the F did that happen??? Ghadaffi supposedly killed, what, 150 rebels and we went in and took him out because of “Humanitarian” reasons??? Israel killed 1200 in ONE raid of Gazza in 2014, shouldn’t we be bombing them??? Or at the very least stop giving them our money (#1 recipient of foreign aid since 76) and military support in the region… It’s all a stack of lies my friends.

[SkeptiskParticipant 3679]

The world economy is fueled by cheap oil. Oil is not a reproducible resource, and we have already hit “peak oil” a while back. The downward ‘slide’ has been halted due to new sources, like oil from fracking on US soil. This has upset the Saudi’s, as they want to be the undisputed masters of oil and has been using the lowered pricing policy through OPEC in an attack against Russia. So, now it isn’t economically feasible with fracking due to the low pricing. This will lead to more wells being shut down or consolidated into larger and larger monopolies, despite the anti-trust laws.

Anyway, the Saudi money-reserves aren’t endless, and soon they will need to stop pushing the pricing as low as it is right now. It is said they have enough reserves for a couple of years. So, we might see rising oil-prices starting late next year, and with it the end artificially cheap oil, were it’ll stabilize around it’s true value. I’m not going to say how much it will be worth as I simply do not know. But as the money-reserves are drained with the Saudi’s, then the fracking will restart. Maybe we’ll see new fields developed surrounding China, I’m certain there’s oil in Mongolia, and maybe in the South-China Sea as well. There’s a reason the Chinese are colonizing the waterways close to the Philippines in the East and Vietnam/Malaysia in the west. There’s a lot of protests of what they’re doing.

Anyway, the bottom line is that there’ll be a downward economic slide as oil become more expensive, but the price won’t rise exponentially, there’s simply to many suppliers and unexplored areas as of yet. For the long-term effect of Peak Oil, we need to think at least 20-25 years. By then the demand for oil will have risen and the effect of the finite resource will have long since sunk in, and many players would have set up strategies of how to make the most of it, squeezing as much as possible from each drop. Probably more focus on hybrid-trucks as compared with hybrid-cars of today.

The most noticeable effect would be increasing prices on gasoline, not surprisingly. So people will focus on hos to minimize their dependence on heating their home with gas and oil. Probably building with better insulation and so on. Mundane stuff, but there won’t be a crash.

"Expecting to find a decent woman on a dating site is like dumpster diving and expecting to come out with a gourmet meal." Won'tGetFooledAgain

[PaulRevereParticipant 35]

Anonymous wrote:

Yea, Ghadaffi wanted to create a gold based currency and was going to stop taking Federal Reserve notes for his oil. BOOM dead, country destroyed, ISIS rises and goes into another country that the U.S./Israel wants to go down. Hmm, how the F did that happen??? Ghadaffi supposedly killed, what, 150 rebels and we went in and took him out because of “Humanitarian” reasons??? Israel killed 1200 in ONE raid of Gazza in 2014, shouldn’t we be bombing them??? Or at the very least stop giving them our money (#1 recipient of foreign aid since 76) and military support in the region… It’s all a stack of lies my friends.

To make this worse, Ghadaffi was a bad guy. He was an oppressor who committed extreme acts down to literally changing the calendar for his own gain. Many Libyans wanted him out and actually welcomed the support of NATO. This topic of regime change is a much grayer area than our own political debates would have you believe.

[chirParticipant]

This bitch is going down slowly. Its like watching a car crash in slow motion.

One of the most reliable indicators has received almost no coverage for the past year or so.

The Baltic Dry Index. Its an indicator of how much shipping of goods is taking place (not including petroleum liquids).

Its falling through the floor. About 90% of the material shipped is Iron ore / other minerals, Coal, grains (wheat, corn) and the last 5% or so is consumer products.

We could blame the fall off on two things, drop in Chinese economy and over abundance of transport ships. However that does not explain why the index is down to 1985 levels.

Other thing to look at is why are most countries stocking up on Gold. Google it. China has been buying tons. Literally. Could they be waiting to use their currency as the new world standard backed by gold. Food for thought.

Lastly. Major consumer chains are dying. Walmart, target, sears and many other retail chains which have been solid earners are cutting like there’s no tomorrow.

Whats it mean for MGTOW? Well we are better situated than most men. Most men are saddled with Wife, car loans, and mortgages. They are slaves to t~~~ and banks. As MGTOW we can make due with a lot less and thrive.

It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

[Anonymous 24]

PaulRevere wrote:

JoeBauers wrote:

Yea, Ghadaffi wanted to create a gold based currency and was going to stop taking Federal Reserve notes for his oil. BOOM dead, country destroyed, ISIS rises and goes into another country that the U.S./Israel wants to go down. Hmm, how the F did that happen??? Ghadaffi supposedly killed, what, 150 rebels and we went in and took him out because of “Humanitarian” reasons??? Israel killed 1200 in ONE raid of Gazza in 2014, shouldn’t we be bombing them??? Or at the very least stop giving them our money (#1 recipient of foreign aid since 76) and military support in the region… It’s all a stack of lies my friends.

To make this worse, Ghadaffi was a bad guy. He was an oppressor who committed extreme acts down to literally changing the calendar for his own gain. Many Libyans wanted him out and actually welcomed the support of NATO. This topic of regime change is a much grayer area than our own political debates would have you believe.

I am not so sure how bad a guy he really was. If you go by western media, he was a bad guy, if you go by Russian media he was killed because of his refusing to take Federal Reserve notes for oil, and the intention of creating a gold based currency.

[bigboy83Participant 11312]

Check out Europe. But instead u.s., bringing down the world economy in 2008, it’s going to be China. China is one big bubble that is popping, so is the stock market.

Shit Tested, Cunt Approved.

[Big BossParticipant 4496]

LightBringer wrote:

The writing on the wall of this too-big-to-fall QE inifinty endless fiat currency madness can’t go forever but I thought it was going down about 2008, or 2012 yet it goes on with no signs of stopping.

Any ideas? Because bunkering in is a lot less productive if I got years left to ride this bitch out still.

Well it is actually a massive market correction due to the US being a world reserve currency that has run up ridiculous debt to keep the scam up. So if people are losing their jobs because retail is failing, its part of the process (or “collapse”) because we didn’t have enough of a manufacturing and industrial base to produce goods. So we are technically in a “collapse” of some form already. Massive restructuring to re-orientate in manufacturing or goods production is being prevented. Probably because they know people especially women love retail.

The problem is BRICS has caught on to the central bank wold reserve currency scheme. As time goes by the dollar will become weaker and weaker. A hyperinflation scenario is difficult to predict or even assume will happen. But it IS on the table.

One scenario that can LIKELY play out is the IMF and World Bank can switch the currency because of a failing dollar before a complete hyperinflation scenario.

That’s why it is imperative for people to buy silver and gold now and be ready to trade with it and reject being debt bitches to the IMF and world bank.

[LightBringerParticipant 440]

I wouldnt mind a good change of pace, this f~~~ing endless pointless grind really is tough to tolerate at times.

[IGMOW (I Go My Own Way)Participant 2572]

The model of currency borrowed into existence, and an economy based on debt like this, is at risk of not continuing to function. This money borrowed into existence is arguably worse than even pure fiat currency, due to the interest it generates, and the lack of sufficient currency in the economy to service the debt that is produce whenever currency is produced. There may be a need to go pure fiat currency (the economy is now close to this with ongoing near zero percent interest rates on federal currency), or even something else. I don’t think a single commodity backing a currency is the answer either. I am not sure there is “going down”, but there is a chance at transformation.

I tend to buy into a view similar to what is seen in Money as Debt:

"I am my own thang. Any questions?" - Davis S Pumpkins.

[Jan SobieskiParticipant 28791]

A perfect storm is comming.

Love is just alimony waiting to happen. Visit mgtow.com.

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