Title: Rolling economic depressions or collapses imminent?
Post by: Frood on July 05, 2015, 04:19:29 PM
Post by: Frood on July 05, 2015, 04:19:29 PM
How long before the big reset bitch smacks most of the world? It can't be far off.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: RW on July 05, 2015, 05:13:17 PM
Post by: RW on July 05, 2015, 05:13:17 PM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Bricktop on July 05, 2015, 07:40:45 PM
Post by: Bricktop on July 05, 2015, 07:40:45 PM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 05, 2015, 11:12:46 PM
Post by: Frood on July 05, 2015, 11:12:46 PM
Its what happens when your entire global economy is one big Ponzi scheme.Quote from: "SPECTRE"
Damn, I agree with you again on the same day. The hairless monkey gods must be crazy.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Bricktop on July 06, 2015, 12:06:49 AM
Post by: Bricktop on July 06, 2015, 12:06:49 AM
It comes from being consistently right. Not invariably stupid.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 06, 2015, 12:28:08 AM
Post by: Frood on July 06, 2015, 12:28:08 AM
I'm always being agreed with.Quote from: "SPECTRE"
It comes from being consistently right. Not invariably stupid.
You sure stuffed up in the Gaybook thread, then.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 06, 2015, 01:25:24 AM
Post by: cc on July 06, 2015, 01:25:24 AM
Ditto.Its what happens when your entire global economy is one big Ponzi scheme.Quote from: "SPECTRE"
Damn, I agree with you again on the same day. The hairless monkey gods must be crazy.ac_smile
It's worse than crazy gods. The world may end as I post this
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 06, 2015, 01:29:02 AM
Post by: Frood on July 06, 2015, 01:29:02 AM
Its what happens when your entire global economy is one big Ponzi scheme.Quote from: "SPECTRE"
Damn, I agree with you again on the same day. The hairless monkey gods must be crazy.ac_smile
It's worse than crazy gods. The world may end as I post this
Wouldn't it be funny if the world erupted into nuclear warfare just after you posted that and the remaining people called you a prophet and made you their exalted guru for the rest of your days?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 06, 2015, 01:33:58 AM
Post by: cc on July 06, 2015, 01:33:58 AM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Bricktop on July 06, 2015, 02:22:20 AM
Post by: Bricktop on July 06, 2015, 02:22:20 AM
I'm always being agreed with.Quote from: "SPECTRE"
It comes from being consistently right. Not invariably stupid.
You sure stuffed up in the Gaybook thread, then.ac_toofunny
I started that thread, you dumb bozo.
And so far, after 18 or more pages, I have yet to see ONE reasoned argument as to why gay people should parade around the streets, posing and provoking.
As far as your concerned, perhaps you might like to read what the thread is about, rather than leap to conclusions only to fall a few kilometres short.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 06, 2015, 11:11:38 AM
Post by: Frood on July 06, 2015, 11:11:38 AM
I'm always being agreed with.Quote from: "SPECTRE"
It comes from being consistently right. Not invariably stupid.
You sure stuffed up in the Gaybook thread, then.ac_toofunny
I started that thread, you dumb bozo.
And so far, after 18 or more pages, I have yet to see ONE reasoned argument as to why gay people should parade around the streets, posing and provoking.
As far as your concerned, perhaps you might like to read what the thread is about, rather than leap to conclusions only to fall a few kilometres short.
Always with the tall boasts, subterfuge, and painted on internet angst face with you.
And so far, after 18 or more pages, I have yet to see ONE reasoned argument as to why gay people should parade around the streets, posing and provoking.Quote
You've to see a reasoning for something you won't attend because you're not LGBT and you think it provokes or marginalizes your own sexuality? Have I got that summation correct?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 06, 2015, 06:04:54 PM
Post by: Anonymous on July 06, 2015, 06:04:54 PM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 07, 2015, 02:01:12 PM
Post by: cc on July 07, 2015, 02:01:12 PM
US Debt / GDP has risen from 63 to 101 since 08 - with not-possible-to-pay-back debt going from from 9 Trillion to 18.3 today
Euro area is at 92 Debt / GDP
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 07, 2015, 02:09:04 PM
Post by: Frood on July 07, 2015, 02:09:04 PM
They are not the only coming problemsQuote from: "cc la femme"
US Debt / GDP has risen from 63 to 101 since 08 - with not-possible-to-pay-back debt going from from 9 Trillion to 18.3 today
Euro area is at 92 Debt / GDP
If you haven't already, it's time to hoard. Do so as quick as you're financially able.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 07, 2015, 02:49:15 PM
Post by: cc on July 07, 2015, 02:49:15 PM
"hoard" ... For a second there, I thought you said ......
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Frood on July 07, 2015, 02:59:49 PM
Post by: Frood on July 07, 2015, 02:59:49 PM
We are extremely cautious of late. Don't like the current lay of the land.Quote from: "cc la femme"
"hoard" ... For a second there, I thought you said ......:sneaky2:
China has over the last 3-4 years suggested that their citizens invest in physical metals, particularly in the poor mans gold=silver.
Germany hasn't gotten its gold back totally from the US vaults and what they did get back didn't bear the original stamps. Plenty of other nations and states have asked for hard possession of their accounts be returned. It generally doesn't happen.
The precious metal exchanges don't like hard possession. They like certificates and electronic trades.
Read into that what you want.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: J0E on July 07, 2015, 07:09:34 PM
Post by: J0E on July 07, 2015, 07:09:34 PM
The whole world seems to be financially ailing in one way or another from a small US territory like Puerto Rico which is 73 billion in the hole to Greece's ongoing woes to the Chinese losing 3 trillion on stocks in a mere 3 weeks. It's hardly a surprise. These instances and numerous others have been ongoing for a long long time.Quote from: "Dinky Dianna"
How long before the big reset bitch smacks most of the world? It can't be far off.
Jes' like where the Rich keep gettin' richer, and the poor keep gettin' poorer, so the same is true of nations.
the Big ones keep getting wealthier, while the poorer ones are becomin' poorer.
so, no surprise.
Perhaps one day the big ones will swallow up the small ones.
For some reason, I hear a huge sucking sound comin' our way from a Black Hole in China.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: J0E on July 07, 2015, 07:11:53 PM
Post by: J0E on July 07, 2015, 07:11:53 PM
Its what happens when your entire global economy is one big Ponzi scheme.Quote from: "SPECTRE"
Perhaps it's all in the Plan...
The Power that be are hopin' one day we'll all be part of one of the Giant Nation States that'll one day take over the world.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Bricktop on July 07, 2015, 07:22:48 PM
Post by: Bricktop on July 07, 2015, 07:22:48 PM
When the tsunami hits, it will be food and water that will be the most valuable assets...not silly trinkets.
Why is gold so valuable? It is not rare, nor particularly useful. Likewise other things we hold in high worth...its just because our ancestors went "ooohhh" when they found it and declared it to represent wealth. It represents nothing.
Its this kind of "wealth" concept that will collapse. Wealth based on nothing at all. Wealth based on printed money that are just pieces of paper.
Wealth that is, at the end of the day, purely and utterly symbolic.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 12:59:57 AM
Post by: cc on July 08, 2015, 12:59:57 AM
Came across this - Trying to double check source to be sure it is legit
1,287 Chinese stocks are currently frozen – 45.6% of Shangai/Shenzhen stocks!- Equal to $2.5 TRILLION
souelbro? Do you know anything on this?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 08, 2015, 01:06:53 AM
Post by: Anonymous on July 08, 2015, 01:06:53 AM
China stocks have nosedived. We all know thatQuote from: "cc la femme"
Came across this - Trying to double check source to be sure it is legit
1,287 Chinese stocks are currently frozen – 45.6% of Shangai/Shenzhen stocks!- Equal to $2.5 TRILLION
souelbro? Do you know anything on this?
Oh my cc la femme..
I didn't know it was that severe.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 02:04:47 AM
Post by: cc on July 08, 2015, 02:04:47 AM
Regardless, stocks have plummeted severely of late
June 12 5166. Since, has "shed 1481.99 points, losing almost 29 percent of its recent high and more than $2.8 trillion of value
Not good - Latest - China's benchmark stock index plunged 8% at the market open on Wednesday
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 08, 2015, 02:08:24 AM
Post by: Anonymous on July 08, 2015, 02:08:24 AM
Again, I'm trying to double check source to be sure it is legitQuote from: "cc la femme"
Regardless, stocks have plummeted severely of late
June 12 5166. Since, has "shed 1481.99 points, losing almost 29 percent of its recent high and more than $2.8 trillion of valuehttp://thediplomat.com/2015/07/why-is-chinas-stock-market-crashing/
Not good - Latest - China's benchmark stock index plunged 8% at the market open on Wednesday
I wonder if the world is heading towards another recession like the one of 2008?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 02:15:40 AM
Post by: cc on July 08, 2015, 02:15:40 AM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 08, 2015, 02:18:04 AM
Post by: Anonymous on July 08, 2015, 02:18:04 AM
Not sure where it will all end. If EU and N Am stocks start to fall significantly , we will know things are diceyQuote from: "cc la femme"
How have markets here and in Europe been performing lately cc la femme?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: J0E on July 08, 2015, 07:32:07 AM
Post by: J0E on July 08, 2015, 07:32:07 AM
Not sure where it will all end. If EU and N Am stocks start to fall significantly , we will know things are diceyQuote from: "cc la femme"
So actually, the whole Greece fiasco is about people & the ultra rich worryin' about the value of their stock portfolios, eh cc? And wealth which was never real ta being with and held up by hot air.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 10:53:32 AM
Post by: cc on July 08, 2015, 10:53:32 AM
As to future rumbles, Greece's leader "has promised his government will submit "credible reform" proposals to its creditors on Thursday" (BBC) meaning they (and others) may just avoid the bullet ... for "a while". We will know in a day or 2. Most crisis do result in temporary fixes
As to other markets, the US is down 200 today. That does not indicate a too serious problem so far. Europe holding .
"China to Spend $40B on Weakest Part of Economy" - BBC. China is doing things to try to hold markets. Agreed that "fixes" and deals like Greece are merely temporary fixes. We well could see serious problems in the future. China is the is one and fixes are being employed. How well (and for how long) they work we shall see. I'd not bet on them in the medium future
Strange to me is that the world is not saying a lot about China (huge) and all in a tizzy about Greece (small)
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 08, 2015, 02:43:21 PM
Post by: Anonymous on July 08, 2015, 02:43:21 PM
China stocks have nosedived. We all know thatQuote from: "cc la femme"
Came across this - Trying to double check source to be sure it is legit
1,287 Chinese stocks are currently frozen – 45.6% of Shangai/Shenzhen stocks!- Equal to $2.5 TRILLION
souelbro? Do you know anything on this?
It's bad cc. Investors trying to sell Chinese shares have found themselves locked out of 72 percent of the market. State owned companies have been ordered not to sell off stocks. The authorities have not only failed to stabilize the market, they have actually increased panic levels.
I'm afraid we're just seeing the beginning of the great Chinese stock market meltdown. The Chinese governments measures to show retail investors that they had things under control failed miserably. The investing culture in China is a bit immature and it shows. Chinese investors are primarily momentum investors who buy whatever is moving and sell whatever is falling.
China as well as other emerging markets are suffering through bear markets that will last for years. We are seeing commodity prices way down in China. Auto sales are off too which does not bode well for the big car makers as they have focused on China for growth. The best advice for Shanghai Composite is stay out.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 06:34:00 PM
Post by: cc on July 08, 2015, 06:34:00 PM
Next step is how or maybe more likely when does it affect other countries. So far, it doesn't seem to have had a severe effect
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 08, 2015, 08:23:44 PM
Post by: cc on July 08, 2015, 08:23:44 PM
OR is it the start of a true serious crash?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 10, 2015, 02:46:39 PM
Post by: cc on July 10, 2015, 02:46:39 PM
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 10, 2015, 03:24:04 PM
Post by: Anonymous on July 10, 2015, 03:24:04 PM
China pretend stock market up yesterday and todayQuote from: "cc la femme"
Woo hoo, let's pour the wine made from plastic grapes.
Title: Re: Rolling economic depressions or collapses imminent?
Post by: J0E on July 10, 2015, 03:48:29 PM
Post by: J0E on July 10, 2015, 03:48:29 PM
China pretend stock market up yesterday and todayQuote from: "cc la femme"
But in all fairness to China, isn't everybody elses' a 'pretend stock market' as well?
Title: Re: Rolling economic depressions or collapses imminent?
Post by: cc on July 10, 2015, 06:38:47 PM
Post by: cc on July 10, 2015, 06:38:47 PM
seoulbro detailed some further serious differences
That said, I was referring to by degree / in comparison "overall" ... but technically you are correct
Title: Re: Rolling economic depressions or collapses imminent?
Post by: Anonymous on July 10, 2015, 07:09:48 PM
Post by: Anonymous on July 10, 2015, 07:09:48 PM
China pretend stock market up yesterday and todayQuote from: "cc la femme"
But in all fairness to China, isn't everybody elses' a 'pretend stock market' as well?
Not over the long term it isn't. In the short term prices are mainly influenced by how people feel about the stock, while in the long run the price reflects what it's actually worth; it's fundamentals.
Chinese investors are using the markets as a substitute for casinos.