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2013 - the year when SHTF - economic meltdown inevitable this year.

 
Anonymous Coward
User ID: 15534724
Canada
02/08/2013 09:26 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
" The writing is on the wall" ! For the unread? Thats a very old saying! Maybe Americans should google that? baby
 Quoting: GT500

'Writing on the wall' began to be used figuratively, that is providing warnings where no actual writing or walls are involved, from the early 18th century -- just sayin'
Integrity101

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02/08/2013 09:30 AM

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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Shogu666

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02/08/2013 09:34 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
In the United States we have created as many service sector jobs as there were manufacturing jobs that moved out of the country to Asia.
 Quoting: Hymen Goldstein 16674316


Is that why your unemployment and people dependant on food stamps rising ?? Because you created as much jobs as you lost ?

You should avoid fluoride and your other shitty capitalistic foods because your pineal gland is obviously calcified.
Anonymous Coward
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02/08/2013 09:37 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
calcified pineal glands! that's it! that's the problem!
Anonymous Coward
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02/08/2013 09:37 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
OP, this is a very analytical and thought-provoking post. Thank you for your input. I also think we are sitting in a house of cards. I'm not so sure about a crash this year. Governments are masters at manipulating numbers and markets in order to make it appear economies are either strengthening or merely somewhat stagnant. They use technology which wasn't available decades ago to help with with their programs. Any way you look at it, it's probably just pushing the crash date back by months, though. I wouldn't be surprised to see Japan have an issue if there is another EQ (a major natural disaster can always get the ball rolling).
Shogu666

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Poland
02/08/2013 09:40 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
calcified pineal glands! that's it! that's the problem!
 Quoting: Anonymous Coward 28870983


Well having calcified pineal gland doesn't help i can tell you that.
Anonymous Coward
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Norway
02/08/2013 09:42 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Interesting theory, OP.

Any thoughts exactly on how it is going to actually go down?
 Quoting: Old Coot


It is impossible to tell who will go down first, triggering world wide economic meltdown.

It can be US, it can be Europe, it can be Japan.

As of last year, the official economic policy of US, EU, Japan, Brazil, Russia, China and a bunck more countries (but less important) is to devalu their currency in order to stimulate the exports.

It is obvious that when 90% or the world markets are doind the same curency devaluation, it is not going to work.

As someone earlier said that if we don't find a planet with chinese people, we are fucked.

Once the currency devaluation war reach a point were is all-in (I am thinking of April-May this year), the devaluation will become a exploding inflation all over the world.


China economy had slwed down to dangeruous level, enough to stop buying US bonds, not to mention that US manufacturing sector (the one who CREATE plus value) lost 7 million jobs in the last 10 years, and is about to being unable to sustain the dollar.Greece, Spain and Italy are extremely fragile, same as Japan.

Gold purchases, by countries, are at all time high.


My personal bet is that the whole shitstorm will start with Greece and Spain this spring.Greece is close to anarchy.Outside the semi-permanent strike with molotovs, Greece had witnessed a surge in armed attacks on politicians homes and party headquarters, drive-by shooting of journalists etc.

Spain is in same situation as Greece was before going to drain.A country of 40 million people, as Spain is, once entering the greek-like nightmare (which will be in 2-3 months), cannot be saved.

The demise of Greece and Spain will trigger a wave of bancruptcy in all the sectors.Entire countries will go bankrupt, all over the world, and the images of 2010 greek protest will engulf the Europe and the world.

If, by some miracle (a chinese planet, alien invasion, worldwide debt annulment) this isn't going to happen this spring, once in 2014, Catalunya will become a new state, Spain will lose 40% of their GDP, Scotland will become also independent and UK will exit Eurozone in 2015.


However, my calculations (I am a 40 yrs old economist) are telling me that April-May 2013 are the month of the inevitable.
 Quoting: recollector


others say it will only be a small "bump" with the debt cealing mid may and that the real shit will start to unravel late 2013-2014 ... hyperinflation in US late 2014 acording to shadowstats

and EVERYONE think im crazy for saying this. mom just bought a new car! OHHH... AWSOME!

Im trying HARD to convince them they should spend 200 000k on gold instead ...

OK they said, they will give me 100 000 nok for gold from the house sale, because they think i loooooove shiny things ...

OMG!

I hope i can aford a descent food storage before things go to hell, even though i'll piss off my dad

thats right, i'm pissing them off by prepping ... im crazy, acording to them, even though i show them articles etc

i cant belive how dumb they are, im starting to wonder if i was adopted
Anonymous Coward
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02/08/2013 09:52 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Just a bump.
 Quoting: recollector


Pretty good summary that you have made there. Well got on!

Worldwide kleptocracy rules.

When the system goes down, it is vital that the kleptocrats be arrested and brought to trial.
Anonymous Coward
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02/08/2013 09:56 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
Anonymous Coward
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02/08/2013 10:00 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
 Quoting: Anonymous Coward 14207070


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
Anonymous Coward
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02/08/2013 10:04 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
 Quoting: Anonymous Coward 14207070


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
 Quoting: Anonymous Coward 28870983


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
Anonymous Coward
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United States
02/08/2013 10:09 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
 Quoting: Anonymous Coward 14207070


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
 Quoting: Anonymous Coward 28870983


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
 Quoting: Anonymous Coward 14207070


Actually they're working on a plan to give parts of this country to China to pay em off. That's why China has demanded that US citizens be disarmed.
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:10 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
The solution was, for US mainly, to move companies in China, and for Western Europe to move them in Eastern Europe.This was mainly inbetween 1990-2000.

This solution was great for americans and western europeans
 Quoting: recollector


On this one point alone, it shows the reader how totally lacking his position is. Consider, moving jobs to Asia resulted in 7 million fewer jobs in America. That did not boost the American Economy. What actually kept the American Economy roaring until the Housing Boom collapse WAS THE HOUSING BOOM AND FREE SPENDING THAT RESULTED IN MANY EXCESS SERVICE SECTOR JOBS. VEry simple fact, if you add money into the economy, that excess money creates service sector jobs because people are spending and spending and spending and spending.

THIS WAS ALL CONTRIVED BY PRESIDENT BUSH AND HIS CORRUPT GANG IN WASHINGTON. THE 30 TRILLION DOLLARS OF FRAUD IN THE MORTGAGE LOAN INDUSTRY GAVE A TREMENDOUS ARTIFICIAL BOOST TO THE ECONOMY UNTIL THE PEOPLE CAME TO THEIR SENSES.

Houses were selling for four times what it would cost to build them new. People just stopped buying and the whole bubble burst. Bush had counted on the bubble continuing to run through the end of his presidency. If a democrat was elected in 2008, then the Republicans would have ammo to keep a republican in the presidency for the next half century because they would claim that Democratic policies caused the economic crash.
 Quoting: Hymen Goldstein 16674316


You really didn't understood nothing.

The house bubble is just a bubble.I am talking about the ROOTS of plusvalue.Money are NOT creating anything.You guys are creating money WITHOUT creating jobs accordingly.

U.S.A is in the direst of position of all countries.You guys destroyed your MANUFACTURING industry and replaced it with services.Your money are so important to you, that when the time will come (this spring/summer) you (well, like 80%) won't be able to understand WHY you gotta work for food.

You seems to beleive in your government like in God.Flash news for you : IT IS NOT!
You seems to lack the understanding of a global market so interconected and so controled by the elites, that you cannot accept a world in chaos.

In the world OF MONEY, the CHAOS must exist.You NEED to destroy in order to build.You need to DESTROY money in order to MAKE money.

When someone earns a buck, someone else lose a buck.In our world, there are SO MUCH MONEY in so FEW hands, that the only way to keep those FEW hands happy, you gotta destroy the world economy and enslaves it?

The U.S. debt is above GDP.Same is available for EU.And Japan.The above mentioned have their debt HIGHER that world GDP.

There is TOO MUCH debt and MOST OF THE MONEY are in elite hands.

DO YOU sincerely SEE the elites giving up their money?

Because if they DON'T, we are fucked.

And they WON'T !
recollector
Saddletramp
We Don't Rent Pigs...

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United States
02/08/2013 10:11 AM

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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
They've tinkered with, and extended, and extended this economic cycle about as much as they can.

Normally (prior to WWII) economic cycles went in 20-30 year cycles, this one has seen almost perpetual growth for over 75 years now, so barring another earth changing innovation like Television or the Internet, the economic cycle is going to follow the other cycles on a downward trend for the foreseeable future...

Everything that matters is peaking right now:

Food production has peaked and been down for the last three years, and will likely be down again this year.

Energy production has peaked and been wobbling at the top since 2009

The Economic/Debt cycle has peaked and been wobbling at the top since 2008 (we've actually been in negative growth since 2005)

Now word from many experts that the population cycle is perhaps peaking and may actually begin to decline in the next decade. This stands to reason since Food production has been on the decline.

Do you see where this is headed yet?!?!?
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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United States
02/08/2013 10:13 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
 Quoting: Anonymous Coward 14207070


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
 Quoting: Anonymous Coward 28870983


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
 Quoting: Anonymous Coward 14207070


Actually they're working on a plan to give parts of this country to China to pay em off. That's why China has demanded that US citizens be disarmed.
 Quoting: Anonymous Coward 28870983


"they" is not the american people. americans will not submit to china for the wrongdoings of "our" govt.
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:14 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
There is also another layer of thing.

Since 2001 investments are nor correlated to job growth due to highly advanced automation. Jobs are destroyed much faster and efficiently than humans can possibly adopt.

Even Chinese pay-checks are worth saving by investing into robots.

Obviously there will be niche industries that will prosper for a while but jobs for general population are not coming back.
Technologies such as autonomous cars and 3d concrete printing are goona crash labour market even more pushing unemployment higher.

Labour treated as another commodity market doesn't stand a chance against technology that costs ever going down and efficiency and capabilities ever going up.
 Quoting: Shogu666


I assume that you are speaking for Poland. In the United States we have created as many service sector jobs as there were manufacturing jobs that moved out of the country to Asia. Even though I did not vote for Obama, he has actually worked a miracle in job creation in the past three years.
 Quoting: Hymen Goldstein 16674316



What will happend when China stops manufacturing?

Are going to make your dashy computer fix guy work in a steel factory?

Does your Wall Street guy will go work at a heavy machine is some factory?

Will the army of suits work in a shoe factory?


YES, they will, but in TIME, time that we do not have.
recollector
Anonymous Coward
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United States
02/08/2013 10:14 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
i remember last year when people said the same thing...

i remember two years ago, when people said the same thing...

i remember three years ago when, aw fuck it...
 Quoting: Anonymous Coward 14207070


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
 Quoting: Anonymous Coward 28870983


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
 Quoting: Anonymous Coward 14207070


Actually they're working on a plan to give parts of this country to China to pay em off. That's why China has demanded that US citizens be disarmed.
 Quoting: Anonymous Coward 28870983


might i ad: :bsflag:
Anonymous Coward
User ID: 28232375
United States
02/08/2013 10:21 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Interesting theory, OP.

Any thoughts exactly on how it is going to actually go down?
 Quoting: Old Coot


Must read: Protocols for an Economic Collapse

<<< (snip) When that day comes, in other words, when the U.S. Treasury declares a force majeure on debt, it wouldn't be broad-cast on mainstream media. There's no sense because the American people don't even understand what it means. But the announcement would actually be put on the Federal Reserve wire system, which would, of course, immediately be picked up by all media outlets anyway.

The U.S. Treasury would declare a force majeure on debt after the Asian and European markets closed, probably at 12:30 p.m. EDT. The reason why that hour was always selected is because Asian and European markets close. It's also the lunch hour for the markets. It's when you're going to have the fewest people on the floor of the exchanges. That would be the ideal time to make such an announcement.

A few seconds after that announcement was made, all United States markets, both equities debt and commodities i.e., stock, bonds, commodities, that have trading collars or permissible daily limits would all be limit-offered with pools. Limit-offered means that there are more sellers at the limit i.e., limit down, than there are buyers.

So-called 'pools' would immediately begin to form, probably a thousand contracts every few minutes. 'Limit-offered with pools' - this is trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the number of sellers over and above the available buyers at the limit- offered price. That would begin to build.

By 1:00, the news would begin to sink in because it would take awhile before panic selling would arise from the public. This news is being released at lunch hour.

A lot of the American people initially would not even understand the temerity of the news. You would see professional selling first, and as that professional selling intensified over the afternoon, the SEC, the CFTC, NASDAQ, and various market regulatory authorities would begin to institute certain emergency market protocols. This would be the installation of the so-called 'declaration of fast market conditions,' for instance; the declaration of 'no more stop orders,' the declaration of 'fill at any price,' etc. in a desperate bid to maintain liquidity.

That first day, the Dow Jones Industrial Average and related indices on a percentage basis would lose about 20% of their value by the close of business that day. The real impact would come overnight when the American people found out what this was all about and when it was explained to them.

At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be affixed for probably three or four hours into the session due to the avalanche of selling. Once prices were established, the government of Japan would close all of its financial markets. Europe would not even open. All European governments would close all capital exchanges the next day.

The United States would, in order to accommodate global electronic trading, attempt to open the market on the second day, which they would do, regardless of price, just to maintain some liquidity. At the end of Day Two, the Dow Jones and related indices, would have lost two thirds of their value, and prices would be set accordingly.

On Day Three, the New York Stock Exchange, the SEC and other related agencies would recommend to the United States Treasury and the Federal Reserve that all markets be closed. That would be on the morning of Day Three. Eleven a.m., the Federal Reserve would then order all domestic banks closed. All of the twelve Federal Reserve district banks would (30 minutes later) have special U.S. forces parachuted in and around them to secure whatever gold bullion reserves they had left.

Day Three, 9:00 p.m., the President of the United States would declare a state of martial law. All financial transactions would come to an end. The Treasury would act to formally de-monetize the U.S. dollar and declare it worthless.

This would be totally unprecedented. In the past, collapses have been temporary and have been brought back up. But what we're talking about now is the end.

These protocols that I'm referring to aren't even all that secret. They were publicly available all through the Clinton era. These are Treasury protocols that were instituted mostly in the late 1970s when the Treasury and Federal Reserve began to feel that it was important to have an emergency-collapse protocol in place. >>>

continues at article with further links to original...
[link to projectavalon.net]


.
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:21 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
They've tinkered with, and extended, and extended this economic cycle about as much as they can.

Normally (prior to WWII) economic cycles went in 20-30 year cycles, this one has seen almost perpetual growth for over 75 years now, so barring another earth changing innovation like Television or the Internet, the economic cycle is going to follow the other cycles on a downward trend for the foreseeable future...

Everything that matters is peaking right now:

Food production has peaked and been down for the last three years, and will likely be down again this year.

Energy production has peaked and been wobbling at the top since 2009

The Economic/Debt cycle has peaked and been wobbling at the top since 2008 (we've actually been in negative growth since 2005)

Now word from many experts that the population cycle is perhaps peaking and may actually begin to decline in the next decade. This stands to reason since Food production has been on the decline.

Do you see where this is headed yet?!?!?
 Quoting: Saddletramp


Thx man.You, many other, like my polish friend, understand what most also understand, but they HOPE that someone (usually Obama lol) will save the day.

There are NO MORE IMMIGRANTS (unless someone wants ethnic conflicts all mover the world), there are NO MORE countries to move jobs, and every country that accepted those jobs, got infected by corporatism.

The slaves were freed ONLY because North needed MORE workers, and not because Lincoln was some Mesiah.In fact, he was a REPUBLICAN, and the DEMS opposed the amendament.


Every cycle in this world was 20-30 years.Since 1928-1932 WE DID NOT HAVE A DEPRESSION !!!

This means one thing only : the next depression will be acordingly adjusted.

And this is barely contained by the elites, with means that will be soo weak in 3-4 month, that the inevitable will take place.
recollector
Anonymous Coward
User ID: 28870983
United States
02/08/2013 10:26 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
...


yeah but dude, look at how fast the national debt has been going up these last 4 years. We've never seen spending like this before. It would be like you maxing out hundreds of credit cards. Sooner or later you will collapse.
 Quoting: Anonymous Coward 28870983


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
 Quoting: Anonymous Coward 14207070


Actually they're working on a plan to give parts of this country to China to pay em off. That's why China has demanded that US citizens be disarmed.
 Quoting: Anonymous Coward 28870983


might i ad: :bsflag:
 Quoting: Anonymous Coward 14207070


might you listen to Jerome Corsi for a few facts. Bush refused to give them assets but Obama has agreed. If you live on a large potato patch I'd sell it ASAP.
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:31 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Interesting theory, OP.

Any thoughts exactly on how it is going to actually go down?
 Quoting: Old Coot


Must read: Protocols for an Economic Collapse

<<< (snip) When that day comes, in other words, when the U.S. Treasury declares a force majeure on debt, it wouldn't be broad-cast on mainstream media. There's no sense because the American people don't even understand what it means. But the announcement would actually be put on the Federal Reserve wire system, which would, of course, immediately be picked up by all media outlets anyway.

The U.S. Treasury would declare a force majeure on debt after the Asian and European markets closed, probably at 12:30 p.m. EDT. The reason why that hour was always selected is because Asian and European markets close. It's also the lunch hour for the markets. It's when you're going to have the fewest people on the floor of the exchanges. That would be the ideal time to make such an announcement.

A few seconds after that announcement was made, all United States markets, both equities debt and commodities i.e., stock, bonds, commodities, that have trading collars or permissible daily limits would all be limit-offered with pools. Limit-offered means that there are more sellers at the limit i.e., limit down, than there are buyers.

So-called 'pools' would immediately begin to form, probably a thousand contracts every few minutes. 'Limit-offered with pools' - this is trader language. Pools to sell 2,000 lots, 3,000 lots. That means, the number of sellers over and above the available buyers at the limit- offered price. That would begin to build.

By 1:00, the news would begin to sink in because it would take awhile before panic selling would arise from the public. This news is being released at lunch hour.

A lot of the American people initially would not even understand the temerity of the news. You would see professional selling first, and as that professional selling intensified over the afternoon, the SEC, the CFTC, NASDAQ, and various market regulatory authorities would begin to institute certain emergency market protocols. This would be the installation of the so-called 'declaration of fast market conditions,' for instance; the declaration of 'no more stop orders,' the declaration of 'fill at any price,' etc. in a desperate bid to maintain liquidity.

That first day, the Dow Jones Industrial Average and related indices on a percentage basis would lose about 20% of their value by the close of business that day. The real impact would come overnight when the American people found out what this was all about and when it was explained to them.

At 7:30 a.m. EDT, the Tokyo markets would open, and no price would be affixed for probably three or four hours into the session due to the avalanche of selling. Once prices were established, the government of Japan would close all of its financial markets. Europe would not even open. All European governments would close all capital exchanges the next day.

The United States would, in order to accommodate global electronic trading, attempt to open the market on the second day, which they would do, regardless of price, just to maintain some liquidity. At the end of Day Two, the Dow Jones and related indices, would have lost two thirds of their value, and prices would be set accordingly.

On Day Three, the New York Stock Exchange, the SEC and other related agencies would recommend to the United States Treasury and the Federal Reserve that all markets be closed. That would be on the morning of Day Three. Eleven a.m., the Federal Reserve would then order all domestic banks closed. All of the twelve Federal Reserve district banks would (30 minutes later) have special U.S. forces parachuted in and around them to secure whatever gold bullion reserves they had left.

Day Three, 9:00 p.m., the President of the United States would declare a state of martial law. All financial transactions would come to an end. The Treasury would act to formally de-monetize the U.S. dollar and declare it worthless.

This would be totally unprecedented. In the past, collapses have been temporary and have been brought back up. But what we're talking about now is the end.

These protocols that I'm referring to aren't even all that secret. They were publicly available all through the Clinton era. These are Treasury protocols that were instituted mostly in the late 1970s when the Treasury and Federal Reserve began to feel that it was important to have an emergency-collapse protocol in place. >>>

continues at article with further links to original...
[link to projectavalon.net]


.
 Quoting: Anonymous Coward 28232375



This is the main plan for the elites to get even more powerful.

The bad part for them and the good for us, is that we, the PEOPLE, will realise that MONEY are worthless and dangerous, forcing a so big change in the society , that the elite expect to happend, but fear the most :

A MONEYLESS SOCIETY.


This is what will end the elites.And is the only thing.Any form of money, gold, silver etc. gives birth to GREED.
GREED gives birth to CAPITAL.
CAPITAL gives birth to CORUPTION.
CORUPTION generates more GREED.

...and so on, until ALMOST EVERYTHING is FEW HAHDS.But in order to have EVERYTHING, they must enslave us.

And this cannot be done without economic colapse.
recollector
Anonymous Coward
User ID: 28232375
United States
02/08/2013 10:32 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Interesting theory, OP.

Any thoughts exactly on how it is going to actually go down?
 Quoting: Old Coot


It is impossible to tell who will go down first, triggering world wide economic meltdown.

It can be US, it can be Europe, it can be Japan.

As of last year, the official economic policy of US, EU, Japan, Brazil, Russia, China and a bunck more countries (but less important) is to devalu their currency in order to stimulate the exports.

It is obvious that when 90% or the world markets are doind the same curency devaluation, it is not going to work.

As someone earlier said that if we don't find a planet with chinese people, we are fucked.

Once the currency devaluation war reach a point were is all-in (I am thinking of April-May this year), the devaluation will become a exploding inflation all over the world.


China economy had slwed down to dangeruous level, enough to stop buying US bonds, not to mention that US manufacturing sector (the one who CREATE plus value) lost 7 million jobs in the last 10 years, and is about to being unable to sustain the dollar.Greece, Spain and Italy are extremely fragile, same as Japan.

Gold purchases, by countries, are at all time high.


My personal bet is that the whole shitstorm will start with Greece and Spain this spring.Greece is close to anarchy.Outside the semi-permanent strike with molotovs, Greece had witnessed a surge in armed attacks on politicians homes and party headquarters, drive-by shooting of journalists etc.

Spain is in same situation as Greece was before going to drain.A country of 40 million people, as Spain is, once entering the greek-like nightmare (which will be in 2-3 months), cannot be saved.

The demise of Greece and Spain will trigger a wave of bancruptcy in all the sectors.Entire countries will go bankrupt, all over the world, and the images of 2010 greek protest will engulf the Europe and the world.

If, by some miracle (a chinese planet, alien invasion, worldwide debt annulment) this isn't going to happen this spring, once in 2014, Catalunya will become a new state, Spain will lose 40% of their GDP, Scotland will become also independent and UK will exit Eurozone in 2015.


However, my calculations (I am a 40 yrs old economist) are telling me that April-May 2013 are the month of the inevitable.
 Quoting: recollector


others say it will only be a small "bump" with the debt cealing mid may and that the real shit will start to unravel late 2013-2014 ... hyperinflation in US late 2014 acording to shadowstats

and EVERYONE think im crazy for saying this. mom just bought a new car! OHHH... AWSOME!

Im trying HARD to convince them they should spend 200 000k on gold instead ...

OK they said, they will give me 100 000 nok for gold from the house sale, because they think i loooooove shiny things ...

OMG!

I hope i can aford a descent food storage before things go to hell, even though i'll piss off my dad

thats right, i'm pissing them off by prepping ... im crazy, acording to them, even though i show them articles etc

i cant belive how dumb they are, im starting to wonder if i was adopted
 Quoting: nerdwegian


At least you have SOMETHING to use to get ready, it sounds like they are willing to share some money with you and you can begin your purchases.

And living in Norway is an advantage, too...less population, lots of natural resources. Make your list of priorities and take action. Don't worry your parents by talking about something they don't want to believe in, just take the steps you think will help keep your family alive. If you start some new "hobbies" that could disguise your actions, maybe you could become interested in "hunting" and increase your weapons and ammo supplies, and "gardening" could help you get seeds, greenhouse, gardening supplies. "Camping" could be an excuse for much survival gear, freeze dried food stores, appropriate clothing and boots, etc.
Anonymous Coward
User ID: 14207070
United States
02/08/2013 10:34 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
...


i get it. i also think it's all by design. if america's economy stops, so goes the world's. you don't actually think the national debt was ever intended to be payed back do you?
 Quoting: Anonymous Coward 14207070


Actually they're working on a plan to give parts of this country to China to pay em off. That's why China has demanded that US citizens be disarmed.
 Quoting: Anonymous Coward 28870983


might i ad: :bsflag:
 Quoting: Anonymous Coward 14207070


might you listen to Jerome Corsi for a few facts. Bush refused to give them assets but Obama has agreed. If you live on a large potato patch I'd sell it ASAP.
 Quoting: Anonymous Coward 28870983


got any proof of that? besides, like i said before, the american people aren't going to just hand over what is ours to china or anyone else, simply because "our" govt is incompetent.
Saddletramp
We Don't Rent Pigs...

User ID: 739427
United States
02/08/2013 10:39 AM

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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
They've tinkered with, and extended, and extended this economic cycle about as much as they can.

Normally (prior to WWII) economic cycles went in 20-30 year cycles, this one has seen almost perpetual growth for over 75 years now, so barring another earth changing innovation like Television or the Internet, the economic cycle is going to follow the other cycles on a downward trend for the foreseeable future...

Everything that matters is peaking right now:

Food production has peaked and been down for the last three years, and will likely be down again this year.

Energy production has peaked and been wobbling at the top since 2009

The Economic/Debt cycle has peaked and been wobbling at the top since 2008 (we've actually been in negative growth since 2005)

Now word from many experts that the population cycle is perhaps peaking and may actually begin to decline in the next decade. This stands to reason since Food production has been on the decline.

Do you see where this is headed yet?!?!?
 Quoting: Saddletramp


Thx man.You, many other, like my polish friend, understand what most also understand, but they HOPE that someone (usually Obama lol) will save the day.

There are NO MORE IMMIGRANTS (unless someone wants ethnic conflicts all mover the world), there are NO MORE countries to move jobs, and every country that accepted those jobs, got infected by corporatism.

The slaves were freed ONLY because North needed MORE workers, and not because Lincoln was some Mesiah.In fact, he was a REPUBLICAN, and the DEMS opposed the amendament.


Every cycle in this world was 20-30 years.Since 1928-1932 WE DID NOT HAVE A DEPRESSION !!!

This means one thing only : the next depression will be acordingly adjusted.

And this is barely contained by the elites, with means that will be soo weak in 3-4 month, that the inevitable will take place.
 Quoting: recollector


Well by extending this economic cycle to more than twice it's normal life span, they have created a bubble that is the most massive economic/debt bubble in the history of the world.

If people thought the Great Depression was bad, when this bubble pops it's going to make the Great Depression look like a mild recession.

They had to switch over to a fiat money system after WWII to accommodate the massive growth, the rebuilding of Europe, and the industrialization of Asia, but that was while all the cycles were also on the upswing. Now that most of the cycles are at the peak or on the downside...

I believe they are orchestrating all of this with the inevitable solution of switching the entire world back to "commodity" backed currencies. But that is going to require massive devaluation of fiat currencies to complete.

Once this tips over it will be a whole new ballgame...

Last Edited by Saddletramp on 02/08/2013 10:42 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:45 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
So is there any place in the world that will be less affected? If we have the ability to move within the next 60 days. Any suggestions? Just get out of the cities/suburbs into a more rural area? How badly will South and Central America be affected?
 Quoting: Anonymous Coward 6814516


You won't like what I will say.

There is NO PLACE.

Every place will be affected, big cities, small ones, the country side, every continent and every country.

Central America is DEPENDEDT of U.S. economy.South America, because of Argentina and Brazil, who's economies are deeply dependant on same U.S. but also on E.U., will get wacked.

Just check the export ratio of Argentina and Brasil exports to U.S. and E.U., to understand the situation.

What is best to do AFTER is to choose the country side in a country were people are poor , but working people.

The world now is not the world on 1930's.In 1930's, the depression was all over the world, but the hype was close to non existant : no TV, no Internet.

Only newspapers.But even those were so few and expensive enough for many, that the hype had little to no effect in masses.

Today, when the world reacts to a greek riot or spanish one, and with a media that LIVES thru HYPES, it will be messy enough to make people change the system.


Anyway, if you can't go to a poor but working country, go to you country countryside.
recollector
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United Kingdom
02/08/2013 10:49 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
...



The fact that I am an economist doesn't change it when a dumbass say I am not.
 Quoting: recollector


I didn't say you weren't an economist, I said you are a fucking idiot, and I meant it too.

Furthermore, I am not a scientist nor did I ever claim to be one, unlike economists of course, who are totally absorbed in a world of fiction and government bullshit lies whilst simultaneously claiming that economics is science when it ain't.


Economics = vodoo bullshit number massaging government sanctioned lies.

Economists = Educated fools / useful idiots.


But a pee aitch dee (in economics) will kind of blind you to the truth, won't it?
 Quoting: Anonymous Coward 1073423


The simple fact that you are the only one (until now anyway) that is against my theory (calling me an idiot does that) doesn't tell you something?
 Quoting: recollector


I didn't say that I didn't disagree with your theory, either.

Perhaps you might want to take some time out from economics and learn how to read properly instead?
 Quoting: Anonymous Coward 1073423


and perhaps you, 10734 23? Could stop sneering like a supercilious shitbag?

Though I somewhat doubt that.
recollector (OP)

User ID: 26964049
Romania
02/08/2013 10:53 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.

...


might i ad: :bsflag:
 Quoting: Anonymous Coward 28870983


might you listen to Jerome Corsi for a few facts. Bush refused to give them assets but Obama has agreed. If you live on a large potato patch I'd sell it ASAP.
 Quoting: Anonymous Coward 14207070


got any proof of that? besides, like i said before, the american people aren't going to just hand over what is ours to china or anyone else, simply because "our" govt is incompetent.
 Quoting: Anonymous Coward 28870983


Nobody will give any land to anyone.

But U.S., if the elites gets their way (and It is extremely possible that they will), will be nothing worty, except 315 million slaves.

Your oil, gold, silver, your ANYTHING of a value, will be in the hands of the eites.

But don't worry, all countries will have same fate.

The fact that U.S. have guns is a GREAT ADVANTAGE.You guys can actualy put up a fight.Winning it? Dunno.

But I will ALWAYS choose to fight even tho I know I will lose, instead be a slave.


Maybe you guys don't get it, but you are the KEY to the future after SHTF.

Just don't give up your guns.

Last Edited by recollector on 02/08/2013 10:55 AM
recollector
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User ID: 27962372
Norway
02/08/2013 11:06 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Interesting theory, OP.

Any thoughts exactly on how it is going to actually go down?
 Quoting: Old Coot


It is impossible to tell who will go down first, triggering world wide economic meltdown.

It can be US, it can be Europe, it can be Japan.

As of last year, the official economic policy of US, EU, Japan, Brazil, Russia, China and a bunck more countries (but less important) is to devalu their currency in order to stimulate the exports.

It is obvious that when 90% or the world markets are doind the same curency devaluation, it is not going to work.

As someone earlier said that if we don't find a planet with chinese people, we are fucked.

Once the currency devaluation war reach a point were is all-in (I am thinking of April-May this year), the devaluation will become a exploding inflation all over the world.


China economy had slwed down to dangeruous level, enough to stop buying US bonds, not to mention that US manufacturing sector (the one who CREATE plus value) lost 7 million jobs in the last 10 years, and is about to being unable to sustain the dollar.Greece, Spain and Italy are extremely fragile, same as Japan.

Gold purchases, by countries, are at all time high.


My personal bet is that the whole shitstorm will start with Greece and Spain this spring.Greece is close to anarchy.Outside the semi-permanent strike with molotovs, Greece had witnessed a surge in armed attacks on politicians homes and party headquarters, drive-by shooting of journalists etc.

Spain is in same situation as Greece was before going to drain.A country of 40 million people, as Spain is, once entering the greek-like nightmare (which will be in 2-3 months), cannot be saved.

The demise of Greece and Spain will trigger a wave of bancruptcy in all the sectors.Entire countries will go bankrupt, all over the world, and the images of 2010 greek protest will engulf the Europe and the world.

If, by some miracle (a chinese planet, alien invasion, worldwide debt annulment) this isn't going to happen this spring, once in 2014, Catalunya will become a new state, Spain will lose 40% of their GDP, Scotland will become also independent and UK will exit Eurozone in 2015.


However, my calculations (I am a 40 yrs old economist) are telling me that April-May 2013 are the month of the inevitable.
 Quoting: recollector


others say it will only be a small "bump" with the debt cealing mid may and that the real shit will start to unravel late 2013-2014 ... hyperinflation in US late 2014 acording to shadowstats

and EVERYONE think im crazy for saying this. mom just bought a new car! OHHH... AWSOME!

Im trying HARD to convince them they should spend 200 000k on gold instead ...

OK they said, they will give me 100 000 nok for gold from the house sale, because they think i loooooove shiny things ...

OMG!

I hope i can aford a descent food storage before things go to hell, even though i'll piss off my dad

thats right, i'm pissing them off by prepping ... im crazy, acording to them, even though i show them articles etc

i cant belive how dumb they are, im starting to wonder if i was adopted
 Quoting: nerdwegian


At least you have SOMETHING to use to get ready, it sounds like they are willing to share some money with you and you can begin your purchases.

And living in Norway is an advantage, too...less population, lots of natural resources. Make your list of priorities and take action. Don't worry your parents by talking about something they don't want to believe in, just take the steps you think will help keep your family alive. If you start some new "hobbies" that could disguise your actions, maybe you could become interested in "hunting" and increase your weapons and ammo supplies, and "gardening" could help you get seeds, greenhouse, gardening supplies. "Camping" could be an excuse for much survival gear, freeze dried food stores, appropriate clothing and boots, etc.
 Quoting: Anonymous Coward 28232375


heh ... and sis and her boyfriend is just as arrogant

if i hear whining they are hungry after this, i'll beat the crap out of them

sad to say this about my parents but they deserve to be hungry, their not getting a single $ from MY silver stack .. thats mine and noone else... the gold i begged of them to buy will be used to help getting down their interest on the loans these morons have
thinkingoutsidetherho​mbus

User ID: 32161741
United States
02/08/2013 11:51 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
The central governments of much of the world ran up their countries' debts as much as needed to bring their globalist plans to fruition. Since these plans are very close to implementation, I expect them to pull the plug sooner rather than later.
I don't know where you get your delusions, laser brain.
ehecatl

User ID: 33888190
Mexico
02/08/2013 11:53 AM
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Re: 2013 - the year when SHTF - economic meltdown inevitable this year.
Even if the US pays foreign workers only 1$ a day (which is an exageration and overlooking the total money paid to the foreign nation) to produce their goods, that is still borrowing from Peter to pay Paul, and money is still bleeding from the US economy.

Also many manufacturers in foreign nations can ship good to the US and the US, charges no import duties.

However most of those other nations DO charge import duties on US goods comming into their countries. This provides a good tax base for foreign countries, rather than taxing their own people more directly, and it encourages these other nations to become more self-sufficent in their needs, which has been happening for decades now, with many former "third-world" nations now being called "developing nations".

Basically the US has developed a system where their money and purchasing power flows in a one-way direction, out of their country.

All this is being done on the back of an myth of decades earlier, a myth of the US economic superiority and the poverty of other nations. For decades that myth has been in the process of reversing, and by the time people living or invested in the US catch on, it will be in full reversal, and the revolving door will come around to slam them in the behind.

Last Edited by ehecatl on 02/08/2013 12:07 PM

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