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Financial Experts: August 1st Economic Collapse; Economic Death Spiral

 
Nemesis-incognitO

User ID: 20971686
United Kingdom
07/31/2012 09:27 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
...Tis Lammas Day tomorrow too!!

...(and we have a blue moon, as in 2 full moons in one month - 1st Aug and 31st Aug! hence the term 'once in a blue moon, as this is not a common event - wink wink )
 Quoting: Nemesis-incognitO


Cool...I really like the moon..:) And a blue moon is special!
 Quoting: ceawaves


...yes, it is
There is Only One Truth
redzed

User ID: 3724229
United Kingdom
07/31/2012 09:30 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
On a long enough time line... it's all MAD MAX in the end.


5a
 Quoting: Anonymous Coward 20539814


yeah. you got the cars and the guns.Now you just need the mad max fashion statement.
 Quoting: Anonymous Coward 788508


Don't forget the tins of dog food.
Anonymous Coward
User ID: 14620252
United States
07/31/2012 09:49 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
"Black Horse Asset Management"
Black Horse...

When the Lamb opened the third seal, I heard the third living creature say, "Come and see!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, "A quart of wheat for a day's wages, and three quarts of barley for a day's wages, and do not damage the oil and the wine!"

damned

Why would an Asset Management company name itself after an entity known for causing famine and hyperinflation... unless this is all planned...

Idol1
 Quoting: Anonymous Coward 6879081


Great catch!
Top Hat
Top Hat

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United States
07/31/2012 10:17 AM

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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
I'm living in a failed state (Illinois), a failed country (USA), a failed economic system (Kensyian), a failed political system, (Constitutional Republic) and a failed International Monetary System (name?). Oh ya. I have every reason to believe everything is just fine & dandy in my world.
Badcarma69

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United States
07/31/2012 10:23 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral



dead bull
Wake up my friend, be the one person who makes the difference!!!! 1 [link to youtu.be]
Anonymous Coward
User ID: 1298661
United States
07/31/2012 10:43 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
when shit gets real we will see some old tools come out of the woodshed. commodities like food will be rationed via ration cards and or coupons, wage and price controls will become reality, electrical brownouts will become the norm, medicine will be rationed. gas will be sold by odd or even plate numbers and perhaps limited to 8 gallons or less.

all this and more has happened in the U.S. as recently as the 1970's. one look at the balance sheet and it's clear that the pnr (point of no return) is on the doorstep. the severity of the problem will hit home when steps begin to be taken such as those mentioned above.

this years skill acquisition is the fine art of making home brewed beer.
Anonymous Coward
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United States
07/31/2012 10:54 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Patience is a virtue.......watch and see.

LOL!

When are all you 2nd Amend fucktards going to battle wiff ur gunnzzzz for your freeeduuums?????!!!

I thought the 2nd Amen was supposed to prevent the gov't from this tyranny, eh? Well, how come they're not scared of the HUNDREDS OF MILLIONS of armed US citizens??

How come they still take your liberties like this with the LARGEST ARMED CITIZENRY THE WORLD HAS EVER KNOWN??

You know why they still can --- because the 2nd Amend = BIG, FUCKING, EPIC FAIL!!!
 Quoting: Anonymous Coward 1625123
Anonymous Coward
User ID: 18791653
United States
07/31/2012 11:11 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
bsflag

I'll call it.

See you on 8/2/12 after the non-event.
Anonymous Coward
User ID: 20868424
United States
07/31/2012 11:12 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Tomorrow huh? I predict another failed prediction.
 Quoting: Anonymous Coward 15994559


not tomorrow
read again--
Anonymous Coward
User ID: 20868424
United States
07/31/2012 11:14 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
he says it could happen as early as Aug. 1, the day the Feds are expected to announce plans for a third round of Quantitative Easing and the beginning of the next phase of printing money.

"If the Fed ultimately comes through with QE3... it won't strengthen the economy, but it will weaken the dollar," said Peter Schiff

You guys know very well, that if the FED pumps more money in-- (and they will) the stock market will rally BUT that has zero to do with the real economy.

Just look at your own wallets.....

EVERYTHING costs more and that is because the dollar is dropping in value and will continue to do so.......
Anonymous Coward
User ID: 18791653
United States
07/31/2012 11:20 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
Anonymous Coward
User ID: 2160618
United States
07/31/2012 11:22 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
First step in the federal doom, is the Post Office filing for bankruptcy protection tomorrow aug 1. Wonder if they are going to go back to the pony express

The Tea Party damage is irreparable. This is an honest statement.
Anonymous Coward
User ID: 1390620
Poland
07/31/2012 11:24 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
"""""""""""""""""""""""""""""""""""""
I'm living in a failed state (Illinois), a failed country (USA), a failed economic system (Kensyian), a failed political system, (Constitutional Republic) and a failed International Monetary System (name?). Oh ya. I have every reason to believe everything is just fine & dandy in my world.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Thank God I'm a GLP Moran, and I don't have to think, or worry about such things...

La..La..La..whookie...whookie...chipp...chipp...Heeka...Heeha​...

You can't hurt me caus I'm stupid.
AmericanJedi (OP)

User ID: 1503533
United States
07/31/2012 11:28 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
[link to www.newjerseynewsroom.com]


"We've got a much bigger collapse coming, and not just of the markets but of the economy," he said, according to Money Morning. "It's like what you're seeing in Europe right now, only worse."

Additionally, he said Federal Reserve Chairman Ben Bernanke's policies will ultimately result in a “Greek-style” debt crisis where the dollar plunges and consumer prices and interest rates spike. This coming crisis, according to Schiff, is inescapable due to the efforts the Fed’s made during the crash of the housing market.




We are already there. There are real signs of trouble around Tulsa and surrounding communities and Oklahoma's economy has remained relatively strong through the 2008 crash.
 Quoting: AmericanJedi


What signs do you see around Tulsa?
 Quoting: Anonymous Coward 1403018


American Airlines is laying off hundreds of people. Our infrastructure projects are only half completed and the city is running out of money to complete them.

Even the local community college is in trouble.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
User ID: 2160618
United States
07/31/2012 11:30 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
[link to www.newjerseynewsroom.com]


"We've got a much bigger collapse coming, and not just of the markets but of the economy," he said, according to Money Morning. "It's like what you're seeing in Europe right now, only worse."

Additionally, he said Federal Reserve Chairman Ben Bernanke's policies will ultimately result in a “Greek-style” debt crisis where the dollar plunges and consumer prices and interest rates spike. This coming crisis, according to Schiff, is inescapable due to the efforts the Fed’s made during the crash of the housing market.




We are already there. There are real signs of trouble around Tulsa and surrounding communities and Oklahoma's economy has remained relatively strong through the 2008 crash.
 Quoting: AmericanJedi


What signs do you see around Tulsa?
 Quoting: Anonymous Coward 1403018


American Airlines is laying off hundreds of people. Our infrastructure projects are only half completed and the city is running out of money to complete them.

Even the local community college is in trouble.
 Quoting: AmericanJedi


They are raiding pension funds and cutting social security and medicare.. see where this is going? but hey they still want tax breaks
Anonymous Coward
User ID: 4655644
United States
07/31/2012 11:31 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
 Quoting: Anonymous Coward 18791653


Your arguement is certainly valid, although the thought of a slow, continual decline into eventual oblivion is more scary to me than the other. The one variable that makes me think that there will be a speed up somewhere is the current administrative credo of "Don't let a crisis go to waste". With that mentality, I can see our illustrious leaders, on both sides of the slit trench, taking advantage of a slow crash to turn it into a fast crash and allow a more complete and total power grab.
AmericanJedi (OP)

User ID: 1503533
United States
07/31/2012 11:31 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
 Quoting: Anonymous Coward 18791653


While I respect your intelligently written rebuttal, I disagree on one premise. There can be a single event that triggers a rapid decline.

Look at USSR, UK.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
rocky/endtime truths

User ID: 20095378
United States
07/31/2012 11:31 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral



dead bull
 Quoting: Badcarma69


At time 00:00, What do you see, I'm telling you now the gold scam will be the same,

All gold will be confiscated!

So, Ya see it (the gold) really isn't yours after all, Unless you have it in hand.

I've spoken many times on this, Can't you see the hype on owning precious metals, Depleting the remaining wealth of the unsuspecting programmed.

Get What You Can "NOW" and turn it into something of value.
Anonymous Coward
User ID: 20868424
United States
07/31/2012 11:32 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
First step in the federal doom, is the Post Office filing for bankruptcy protection tomorrow aug 1. Wonder if they are going to go back to the pony express

The Tea Party damage is irreparable. This is an honest statement.
 Quoting: Anonymous Coward 2160618


you make no sense at all.
are you a socialist?
Anonymous Coward
User ID: 2160618
United States
07/31/2012 11:33 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
First step in the federal doom, is the Post Office filing for bankruptcy protection tomorrow aug 1. Wonder if they are going to go back to the pony express

The Tea Party damage is irreparable. This is an honest statement.
 Quoting: Anonymous Coward 2160618


you make no sense at all.
are you a socialist?
 Quoting: Anonymous Coward 20868424


These days... just poor
Anonymous Coward
User ID: 1369739
United States
07/31/2012 11:34 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
On a long enough time line... it's all MAD MAX in the end.


5a
 Quoting: Anonymous Coward 20539814


yeah. you got the cars and the guns.Now you just need the mad max fashion statement.
 Quoting: Anonymous Coward 788508


All the world will be left with is Mel Gibson and Tina Turner.
 Quoting: Xannixon


I think this is the most depressing post of all. LOL
Anonymous Coward
User ID: 20868424
United States
07/31/2012 11:35 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral



:dead bull:
 Quoting: Badcarma69


At time 00:00, What do you see, I'm telling you now the gold scam will be the same,

All gold will be confiscated!

So, Ya see it (the gold) really isn't yours after all, Unless you have it in hand.

I've spoken many times on this, Can't you see the hype on owning precious metals, Depleting the remaining wealth of the unsuspecting programmed.

Get What You Can "NOW" and turn it into something of value.
 Quoting: rocky/endtime truths


LOL STUPIDITY

Things are much different son. Gold confiscation? LOL
You truly have NO clue at all.

We are rapidly approaching a time where they can no longer manipulate Gold or Silver for that matter. Gold/Silver is used to keep what you have. To eat and not be reliant on the GOVERNMENT. Get it?

Besides, even back then hardly anyone handed in their gold, so what makes you think anyone would listen now? LOL

Gold Confiscation-- WHAT A JOKE.
Anonymous Coward
User ID: 1369739
United States
07/31/2012 11:37 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
 Quoting: Anonymous Coward 18791653


While I respect your intelligently written rebuttal, I disagree on one premise. There can be a single event that triggers a rapid decline.

Look at USSR, UK.
 Quoting: AmericanJedi


yes, remember the "fat finger" controversy?
[link to seattletimes.nwsource.com]
Anonymous Coward
User ID: 2926765
United States
07/31/2012 11:38 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
The idiots grabbed up those rebates and put themselves in deep debt. And the free checks continue like there's no tomorrow. And the national debt increases by at least a trillion a year but that's meaningless to the public. Anyone with half a brain knows this can't go on forever. We're being set up for the biggest crash in history. You ready?
Anonymous Coward
User ID: 20868424
United States
07/31/2012 11:38 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
 Quoting: Anonymous Coward 18791653


While I respect your intelligently written rebuttal, I disagree on one premise. There can be a single event that triggers a rapid decline.

Look at USSR, UK.
 Quoting: AmericanJedi


Schiff has been right all along---- its a slow motion train wreck and we are in the crash now--- just look at europe and usa--- all propped up-- riots everywhere---- of course the msm isnt telling you that- but who listens to those idiots anymore......

its all going down-- but the government wants as many people reliant on them as possible-- so that when it collapses- they will be utterly dependent on them- and will accept anything the government gives them... welcome NWO---
not here chaps----- not here--- the smart ones are already prepared for this inevitability
Anonymous Coward
User ID: 2926765
United States
07/31/2012 11:40 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Why do they want to confiscate semi auto's?

They protect gold and overthrow governments......
Anonymous Coward
User ID: 1369739
United States
07/31/2012 11:41 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral



:dead bull:
 Quoting: Badcarma69


At time 00:00, What do you see, I'm telling you now the gold scam will be the same,

All gold will be confiscated!

So, Ya see it (the gold) really isn't yours after all, Unless you have it in hand.

I've spoken many times on this, Can't you see the hype on owning precious metals, Depleting the remaining wealth of the unsuspecting programmed.

Get What You Can "NOW" and turn it into something of value.
 Quoting: rocky/endtime truths


LOL STUPIDITY

Things are much different son. Gold confiscation? LOL
You truly have NO clue at all.

We are rapidly approaching a time where they can no longer manipulate Gold or Silver for that matter. Gold/Silver is used to keep what you have. To eat and not be reliant on the GOVERNMENT. Get it?

Besides, even back then hardly anyone handed in their gold, so what makes you think anyone would listen now? LOL

Gold Confiscation-- WHAT A JOKE.
 Quoting: Anonymous Coward 20868424


you know, I've learned not to laugh at things like that anymmore. Normalcy bias can kill you.
Anonymous Coward
User ID: 15030656
United States
07/31/2012 11:43 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Phony GDP Growth, Farm Subsidies, Sub-Prime Auto Loans



[link to www.youtube.com]

[link to www.youtube.com]
Anonymous Coward
User ID: 4655644
United States
07/31/2012 11:45 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
Ok. Didn't read it the first time. Didn't need too.

Schiff has been dooming for a long time now.

I agree with the undying premise. But history is our guide friends.

Civilizations don't die overnight. Rome didn't, Greece Didn't. Neither did Britan nor Spain in more recent history. Further back, the Mayan civilization.

We are the throes of a slow decline into irrelevance -- our political system, economic system, religious and social systems.

This will take DECADES. Anyone who predicts an near-overnight event triggering a singular catastrophic event is just trying to sell his or her books or newsletters to a bunch of doomtards.

I've read some of Shiff's stuff. He's putting out press to sell more of it.

August first is the start, just because of QE3? Ha!!! This train was running off it's proverbial rails long ago.
 Quoting: Anonymous Coward 18791653


While I respect your intelligently written rebuttal, I disagree on one premise. There can be a single event that triggers a rapid decline.

Look at USSR, UK.
 Quoting: AmericanJedi


Schiff has been right all along---- its a slow motion train wreck and we are in the crash now--- just look at europe and usa--- all propped up-- riots everywhere---- of course the msm isnt telling you that- but who listens to those idiots anymore......

its all going down-- but the government wants as many people reliant on them as possible-- so that when it collapses- they will be utterly dependent on them- and will accept anything the government gives them... welcome NWO---
not here chaps----- not here--- the smart ones are already prepared for this inevitability
 Quoting: Anonymous Coward 20868424


You can argue that this will happen and you can argue that this will not happen, but you cannot argue that this is not the way the government is playing it out right now!
Anonymous Coward
User ID: 20385799
Germany
07/31/2012 11:48 AM
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Re: Financial Experts: August 1st Economic Collapse; Economic Death Spiral
LOL!

When are all you 2nd Amend fucktards going to battle wiff ur gunnzzzz for your freeeduuums?????!!!

I thought the 2nd Amen was supposed to prevent the gov't from this tyranny, eh? Well, how come they're not scared of the HUNDREDS OF MILLIONS of armed US citizens??

How come they still take your liberties like this with the LARGEST ARMED CITIZENRY THE WORLD HAS EVER KNOWN??

You know why they still can --- because the 2nd Amend = BIG, FUCKING, EPIC FAIL!!!
 Quoting: Anonymous Coward 1625123


:aMERIkA:
This why. Can't fight Tyranny when you need help to wipe your own arse.
 Quoting: Hugh G. Rechtion


is this an ex olimpic champion sponsored by mc do...ds?????

tard

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