An imminent $100 Trillion dollar collapse and the end of the USD | |
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Anonymous Coward User ID: 4544797 United States 04/22/2015 03:10 AM Report Abusive Post Report Copyright Violation | wow this is imminent from the data... and this guy is VERY well connected. Rand Paul even mentioned him recently in congress! Quoting: <Calling it down> [link to www.youtube.com (secure)] More imminent than the last time? |
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Anonymous Coward User ID: 68949716 United States 04/22/2015 05:53 AM Report Abusive Post Report Copyright Violation | As of February 2015 Rickards is described as "Financial Threat and Asymmetric Warfare Advisor CIA & The Director of National Intelligence" on websites and in emails sent out warning of imminent financial collapse in the United States. These websites and emails (for example, the Money Morning website article '5 Sure Signs the US Economy is finished') imply that he has held, or holds, official posts with US intelligence, defence, and security agencies: for example as "a financial market advisor to the Office of the Director of National Intelligence", and as the "architect" of "Project Prophecy", described as a CIA system devised to predict financial meltdowns. However, RIckards has never had any such official association with any such US agency. There is no evidence that "Project Prophecy" has ever had any official sponsorship from the CIA, or indeed that it actually exists in any form apart from as a name in Rickards postings. [link to en.wikipedia.org] |
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Anonymous Coward User ID: 835667 Canada 04/22/2015 06:09 AM Report Abusive Post Report Copyright Violation | the only crash that is about to happen is the end of the criminal cabal's "fiat" dollar....based on nothing....the fiat dollar is as valuable as the printing press it's printed on.....it's worthless; so it's time to reset our us dollar to a silver certificate like it was before nixon took us off the gold standard. this coming change is good for we the people and is the end of the criminal in washington dc. |
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Anonymous Coward User ID: 15827667 United Kingdom 04/22/2015 07:25 AM Report Abusive Post Report Copyright Violation | wow this is imminent from the data... and this guy is VERY well connected. Rand Paul even mentioned him recently in congress! Quoting: <Calling it down> [link to www.youtube.com (secure)] Is this the same collapse that'a been coming for 10 years? |
Anonymous Coward User ID: 68742221 United States 04/22/2015 07:30 AM Report Abusive Post Report Copyright Violation | wow this is imminent from the data... and this guy is VERY well connected. Rand Paul even mentioned him recently in congress! Quoting: <Calling it down> [link to www.youtube.com (secure)] It is a $3 1/2 QUADRILLION collapse.. your figures are too low.. way too low... |
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Anonymous Coward User ID: 69006460 United States 04/22/2015 11:27 AM Report Abusive Post Report Copyright Violation | I, too, have been hearing about the imminent collapse of the USD for over a decade. It's not going to happen. That we create and issue our own currency is a great strength, not a weakness. (see Europe, where the currency is issued from one source, the European Central Bank, and the disaster that is the Euro Zone) People forget we were taken off the gold standard during WW 2 in order to have unlimited spending capacity, and it helped us win the war. Staying on the gold standard would have made our military build up impossible. Also, the Fed does what the congress tells it to do when the congress puts its foot down, and again during ww2 we ordered the fed to create more money. It's not really that mysterious and the "deficit" is about as dangerous to the American public as WMD was. In fact, the scare tactics used, the misleading rhetoric is really similar to the WMD rhetoric. What could China do if we refused to "pay" them? Nothing! (like they'd invade over unpaid debt? preposterous!) |
Anonymous Coward User ID: 2712120 United States 04/22/2015 11:38 AM Report Abusive Post Report Copyright Violation | the only crash that is about to happen is the end of the criminal cabal's "fiat" dollar....based on nothing....the fiat dollar is as valuable as the printing press it's printed on.....it's worthless; so it's time to reset our us dollar to a silver certificate like it was before nixon took us off the gold standard. this coming change is good for we the people and is the end of the criminal in washington dc. HOW is this good? What would replace our currency? What makes you think it would be good? Why don't you think ahead to what the ramifications would be before declaring this a GOOD thing? How would people be paid? How would they pay their bills? Would JPM Chase (along with others) suddenly DEMAND all debts be paid in full, or risk losing what they have a stake in? If they did, where would have leave those of us with mortgages or other outstanding bills? People HAVE TO HAVE a currency to exchange goods and services with. What is in place to replace it? I'm not saying I don't want to see the corruption of our fiat currency ended, I'm just worried that what we hurry and welcome in will just be WORSE than what we have now (which ain't much, I'll admit). But, damn! Put a GOOD system in place first, before blowing up the one that only partially works. Without rooting out and locking up ALL the "criminal cabal" members, there is NO WAY to stop them from controlling ALL the debts/payments/fiat currencies now floating all over the world, which has put us in this perilous position. Go ahead, tell me ONE country where their currency is only solid footing. There ISN'T ONE! So what will replace ours to make a more secure system? Huh? |
Anonymous Coward User ID: 2712120 United States 04/22/2015 11:41 AM Report Abusive Post Report Copyright Violation | I, too, have been hearing about the imminent collapse of the USD for over a decade. It's not going to happen. That we create and issue our own currency is a great strength, not a weakness. (see Europe, where the currency is issued from one source, the European Central Bank, and the disaster that is the Euro Zone) Quoting: bananachip80 People forget we were taken off the gold standard during WW 2 in order to have unlimited spending capacity, and it helped us win the war. Staying on the gold standard would have made our military build up impossible. Also, the Fed does what the congress tells it to do when the congress puts its foot down, and again during ww2 we ordered the fed to create more money. It's not really that mysterious and the "deficit" is about as dangerous to the American public as WMD was. In fact, the scare tactics used, the misleading rhetoric is really similar to the WMD rhetoric. What could China do if we refused to "pay" them? Nothing! (like they'd invade over unpaid debt? preposterous!) Uh. they could do a LOT! They might call in all the debt....causing us to GIVE THEM (EVEN MORE) OF OUR ASSETS THAN THEY ALREADY OWN. Look it up! China OWNS tons of American assets: buildings/parks/government property. Look it up. When we can't pay them in USD, we WILL PAY THEM IN OTHER AMERICAN PROPERTY. I'm pretty sure they're not interested in USD's anyway! The plan all along was probably to get interests in (or full title to) any and all US LAND and governmental properties that we would give away.....and we ARE. |
Anonymous Coward User ID: 69006460 United States 04/22/2015 11:46 AM Report Abusive Post Report Copyright Violation | I, too, have been hearing about the imminent collapse of the USD for over a decade. It's not going to happen. That we create and issue our own currency is a great strength, not a weakness. (see Europe, where the currency is issued from one source, the European Central Bank, and the disaster that is the Euro Zone) Quoting: bananachip80 People forget we were taken off the gold standard during WW 2 in order to have unlimited spending capacity, and it helped us win the war. Staying on the gold standard would have made our military build up impossible. Also, the Fed does what the congress tells it to do when the congress puts its foot down, and again during ww2 we ordered the fed to create more money. It's not really that mysterious and the "deficit" is about as dangerous to the American public as WMD was. In fact, the scare tactics used, the misleading rhetoric is really similar to the WMD rhetoric. What could China do if we refused to "pay" them? Nothing! (like they'd invade over unpaid debt? preposterous!) Uh. they could do a LOT! They might call in all the debt....causing us to GIVE THEM (EVEN MORE) OF OUR ASSETS THAN THEY ALREADY OWN. Look it up! China OWNS tons of American assets: buildings/parks/government property. Look it up. When we can't pay them in USD, we WILL PAY THEM IN OTHER AMERICAN PROPERTY. I'm pretty sure they're not interested in USD's anyway! The plan all along was probably to get interests in (or full title to) any and all US LAND and governmental properties that we would give away.....and we ARE. Nobody seems to get that even if they "called in all the debt" we don't have to pay them. Nor would we, if it would damage us in any kind of real, tangible way. Any time we want we can say, "sorry, you can't have it." Under no scenario could China come and forcibly take anything from the US. And they wouldn't try to. |
Isaiah 43:1-2 User ID: 15469851 United States 04/22/2015 12:02 PM Report Abusive Post Report Copyright Violation | I, too, have been hearing about the imminent collapse of the USD for over a decade. It's not going to happen. That we create and issue our own currency is a great strength, not a weakness. (see Europe, where the currency is issued from one source, the European Central Bank, and the disaster that is the Euro Zone) Quoting: bananachip80 People forget we were taken off the gold standard during WW 2 in order to have unlimited spending capacity, and it helped us win the war. Staying on the gold standard would have made our military build up impossible. Also, the Fed does what the congress tells it to do when the congress puts its foot down, and again during ww2 we ordered the fed to create more money. It's not really that mysterious and the "deficit" is about as dangerous to the American public as WMD was. In fact, the scare tactics used, the misleading rhetoric is really similar to the WMD rhetoric. What could China do if we refused to "pay" them? Nothing! (like they'd invade over unpaid debt? preposterous!) Uh. they could do a LOT! They might call in all the debt....causing us to GIVE THEM (EVEN MORE) OF OUR ASSETS THAN THEY ALREADY OWN. Look it up! China OWNS tons of American assets: buildings/parks/government property. Look it up. When we can't pay them in USD, we WILL PAY THEM IN OTHER AMERICAN PROPERTY. I'm pretty sure they're not interested in USD's anyway! The plan all along was probably to get interests in (or full title to) any and all US LAND and governmental properties that we would give away.....and we ARE. Yeah, they own Yellowstone. That's why I know it's not going to get nuked. follower of Jesus |
Anonymous Coward User ID: 69006460 United States 04/22/2015 12:17 PM Report Abusive Post Report Copyright Violation | the only crash that is about to happen is the end of the criminal cabal's "fiat" dollar....based on nothing....the fiat dollar is as valuable as the printing press it's printed on.....it's worthless; so it's time to reset our us dollar to a silver certificate like it was before nixon took us off the gold standard. this coming change is good for we the people and is the end of the criminal in washington dc. HOW is this good? What would replace our currency? What makes you think it would be good? Why don't you think ahead to what the ramifications would be before declaring this a GOOD thing? How would people be paid? How would they pay their bills? Would JPM Chase (along with others) suddenly DEMAND all debts be paid in full, or risk losing what they have a stake in? If they did, where would have leave those of us with mortgages or other outstanding bills? People HAVE TO HAVE a currency to exchange goods and services with. What is in place to replace it? I'm not saying I don't want to see the corruption of our fiat currency ended, I'm just worried that what we hurry and welcome in will just be WORSE than what we have now (which ain't much, I'll admit). But, damn! Put a GOOD system in place first, before blowing up the one that only partially works. Without rooting out and locking up ALL the "criminal cabal" members, there is NO WAY to stop them from controlling ALL the debts/payments/fiat currencies now floating all over the world, which has put us in this perilous position. Go ahead, tell me ONE country where their currency is only solid footing. There ISN'T ONE! So what will replace ours to make a more secure system? Huh? Tend to agree, very reasonable. The system as it currently exists won't collapse unless it's deliberately destroyed, which Congress could do if they really wanted to. |
Anonymous Coward User ID: 66342586 United States 04/22/2015 02:07 PM Report Abusive Post Report Copyright Violation | There is no coming "collapse". It is a transition and it is by design and, yes, it will be fucked for Americans. Try reading some legislation rather than wasting all of your time fucking around here and maybe you will start to get it. |
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Pheculatus User ID: 60886432 United States 04/22/2015 03:01 PM Report Abusive Post Report Copyright Violation | Fact is is the US economy should have crashed after 9/11. Remember W Bush and his get out and shop, use that credit card or terrorists win. That when they put in Federal Reserve policies to keep the economy inflated. 2007 the writing was on the wall, but the tards kept saying, there will be no crash. 2008 they were proved wrong. What 2008 showed us was that despite the dollar and the economy being completely artificial and the Federal reserve being able to do just about anything in this artificial world, we in fact learned that some small part of that nether world of high finance is still tied to the realty. In 2007 the federal reserve had no more tools left in its bag except printing money. Now even the Federal government has maxed out its credit card, and the Federal Reserve is insolvent. Imagine that, the ability to print all the fiat fake currency you can and you're still insolvent. THAT'S how bad it really is. Using credit to reinflate the bubble is like trying to run away from your problems while your stuck in quick sand. Oh and let's not forget all the enemies the US has in the world and they all have their knives and forks out like Wiley Coyote, except in this episode Wiley gets the Road Runner. China is our friend, what a joke. Don't blame me the messenger for telling you the bad news, blame your leaders, they are the ones who fucked it all up. We had a really good thing in this country and they fucked it all up. How does that neo-con/progressivism taste in your mouth now. Pheculatus |
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Anonymous Coward User ID: 69006460 United States 04/22/2015 03:23 PM Report Abusive Post Report Copyright Violation | This thread is full of tards, shills and grasshoppers. Quoting: Pheculatus Fact is is the US economy should have crashed after 9/11. Remember W Bush and his get out and shop, use that credit card or terrorists win. That when they put in Federal Reserve policies to keep the economy inflated. 2007 the writing was on the wall, but the tards kept saying, there will be no crash. 2008 they were proved wrong. What 2008 showed us was that despite the dollar and the economy being completely artificial and the Federal reserve being able to do just about anything in this artificial world, we in fact learned that some small part of that nether world of high finance is still tied to the realty. In 2007 the federal reserve had no more tools left in its bag except printing money. Now even the Federal government has maxed out its credit card, and the Federal Reserve is insolvent. Imagine that, the ability to print all the fiat fake currency you can and you're still insolvent. THAT'S how bad it really is. Using credit to reinflate the bubble is like trying to run away from your problems while your stuck in quick sand. Oh and let's not forget all the enemies the US has in the world and they all have their knives and forks out like Wiley Coyote, except in this episode Wiley gets the Road Runner. China is our friend, what a joke. Don't blame me the messenger for telling you the bad news, blame your leaders, they are the ones who fucked it all up. We had a really good thing in this country and they fucked it all up. How does that neo-con/progressivism taste in your mouth now. The Fed can't "max out its credit card" and to think about the economy in those terms is flawed imo. The government keeps running. A large debt or deficit isn't actually hurting anyone, it's a lie to suggest otherwise, much like the WMD lie (very much like it, in fact). Look at Japans debt to GDP compared to ours, and they haven't suffered any kind of setback to third world conditions. People call the money fake but the debt is real? Come on now. Are you ready to give all your dollars away? I don't think anyone is. The dollar is fine. The bailout wasn't tax money, you know. It involved keystrokes, literally pressing a button and crediting a bank's account. The big lie is that it involved "taxpayer dollars". The bailout money was, literally, money created out of thin air. The rotten thing is, that money went overwhelmingly to the banks and not to the citizens. It was a private sector crisis involving rich, poor, and middle class, but only one class really got bailed out. |
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Pheculatus User ID: 60886432 United States 04/22/2015 06:08 PM Report Abusive Post Report Copyright Violation | This thread is full of tards, shills and grasshoppers. Quoting: Pheculatus Fact is is the US economy should have crashed after 9/11. Remember W Bush and his get out and shop, use that credit card or terrorists win. That when they put in Federal Reserve policies to keep the economy inflated. 2007 the writing was on the wall, but the tards kept saying, there will be no crash. 2008 they were proved wrong. What 2008 showed us was that despite the dollar and the economy being completely artificial and the Federal reserve being able to do just about anything in this artificial world, we in fact learned that some small part of that nether world of high finance is still tied to the realty. In 2007 the federal reserve had no more tools left in its bag except printing money. Now even the Federal government has maxed out its credit card, and the Federal Reserve is insolvent. Imagine that, the ability to print all the fiat fake currency you can and you're still insolvent. THAT'S how bad it really is. Using credit to reinflate the bubble is like trying to run away from your problems while your stuck in quick sand. Oh and let's not forget all the enemies the US has in the world and they all have their knives and forks out like Wiley Coyote, except in this episode Wiley gets the Road Runner. China is our friend, what a joke. Don't blame me the messenger for telling you the bad news, blame your leaders, they are the ones who fucked it all up. We had a really good thing in this country and they fucked it all up. How does that neo-con/progressivism taste in your mouth now. The Fed can't "max out its credit card" and to think about the economy in those terms is flawed imo. The government keeps running. A large debt or deficit isn't actually hurting anyone, it's a lie to suggest otherwise, much like the WMD lie (very much like it, in fact). Look at Japans debt to GDP compared to ours, and they haven't suffered any kind of setback to third world conditions. People call the money fake but the debt is real? Come on now. Are you ready to give all your dollars away? I don't think anyone is. The dollar is fine. The bailout wasn't tax money, you know. It involved keystrokes, literally pressing a button and crediting a bank's account. The big lie is that it involved "taxpayer dollars". The bailout money was, literally, money created out of thin air. The rotten thing is, that money went overwhelmingly to the banks and not to the citizens. It was a private sector crisis involving rich, poor, and middle class, but only one class really got bailed out. I'm sorry but you sound like a shopaholic housewife who says "its not how much you spend, its how much you saved." or even better "it didn't cost anything, I put it on the credit card." or my personal favorite "how can I have no money in the bank account, I still have checks left in my checkbook." Seriously, you contradict yourself in your own explanation. The federal Reserve can just print money out thin air and it doesn't' involve taxpayers dollars? really. Increasing the money supply causes inflation as the currency is devalued. Inflation works like a tax on everyone who holds any money. Its works like a tax on savings, fixed incomes, the money in granny's mattress and even you kids piggy bank. Every time the Federal reserve prints more money, its might as well have come into you home with a hammer and cracked open you kids piggy bank and hand the money to its bankster friends. Its doesn't cost the taxpayers *joke* its the exact opposite, it taxes everyone, even those only holding only a single penny. Not to mention that the taxpayers are supposed to be paying interest on the treasury bonds the Federal Reserve sells when it prints the money. Fed can't max out its credit card, sure it can, when growth in the money supply becomes exponential, then the Federal Reserve cannot pump enough money into the system to keep its going and the currency implodes. Its currency bubble and it will pop. We are at the point now, all it will take is for foreign countries to stop using the dollar, which they are doing, and for those dollars to come to the only place in the world where they can be spent, here in the US. Those left holding dollars will be the losers. And people with pensions who can't pull the money out, will lose everything. And you say the debt is real? I say, if the fiat currency is fake and can be created out of thin air, then the debt is fake too and can be retired with a snap of the fingers. If our leaders had a backbone and if they were not in the back pocket of the banksters, when the time comes they would say, we're not paying, we have nukes, so f-off. Banksters printing money to give to banksters is not a debt that the US has any obligation to pay, moral, legal or otherwise. You couldn't be more wrong Pheculatus |