BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!? | |
Don Draper from Nantucket (OP) User ID: 57553864 United States 11/18/2019 06:52 PM Report Abusive Post Report Copyright Violation | No matter how hard they try, they have not been able to reverse our economic momentum. And many people believe that what we have seen so far is just the tip of the iceberg. In fact, trends forecaster Gerald Celente is convinced that we are heading for “the Greatest Depression”… You think you have a crisis in a country near you now? You haven’t seen anything. When the Greatest Depression hits, people are going to be escaping violence, poverty, corruption — civil wars are happening in front of everybody’s eyes. And you think you’ve got a homeless problem in a city near you? You haven’t seen anything. You are going to see homeless everywhere. This is out of control and it’s going to only get worse as the global economy slows down… And you know what? He’s right. What is coming is going to make 2008 look like a Sunday picnic, and our society is completely and utterly unprepared for what is about to happen. PLATA BITCHEZZZZZZ UPGRADE UNAVAILABLE The Rolling Stones said it best... "What's confusing you is the nature of my game" |
Don Draper from Nantucket (OP) User ID: 57553864 United States 11/18/2019 06:59 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 12892666 United States 11/18/2019 07:13 PM Report Abusive Post Report Copyright Violation | No matter how hard they try, they have not been able to reverse our economic momentum. Quoting: Don Draper from Nantucket And many people believe that what we have seen so far is just the tip of the iceberg. In fact, trends forecaster Gerald Celente is convinced that we are heading for “the Greatest Depression”… You think you have a crisis in a country near you now? You haven’t seen anything. When the Greatest Depression hits, people are going to be escaping violence, poverty, corruption — civil wars are happening in front of everybody’s eyes. And you think you’ve got a homeless problem in a city near you? You haven’t seen anything. You are going to see homeless everywhere. This is out of control and it’s going to only get worse as the global economy slows down… And you know what? He’s right. What is coming is going to make 2008 look like a Sunday picnic, and our society is completely and utterly unprepared for what is about to happen. Just to confirm this I have never seen so many houses on the market where I live. Just a few months ago you couldn't find a home here now there are over 780 homes on the market. |
Anonymous Coward User ID: 75540213 United States 11/18/2019 07:13 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78143035 United States 11/18/2019 07:17 PM Report Abusive Post Report Copyright Violation | [link to www.zerohedge.com (secure)] Quoting: Don Draper from Nantucket Authored by Michael Snyder via TheMostImportantNews.com, I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to keep us from officially slipping into a recession, and the federal government is literally spending money as if tomorrow will never come, but all of that intervention has not been enough to reverse our economic momentum. We are really starting to see conditions begin to deteriorate very rapidly now, and 2020 is already shaping up to be the most pivotal year for the U.S. economy since 2008. More must read at link!! This IS happening... It's not a matter of if, but when. The FBI, FEMA and others may have seen it come to pass already had Hillary got into office. Trump has mucked things up a bit OR was deliberately played by the powers that be because they never did grab as many guns as they had wished under the Obama administration. Whatever the case may be, booms and busts are a natural occurrence. 0% interest rates, flooding the market with cash every day and derivatives are not... that is, at one time, they never were. When the shit hits the fan, all the plans they (TPTB) hope to implement, won't be implemented. Many Americans however, will possibly do what Americans do best... come together to work together, in trying times. If that happens, the those who look to oppress or prevent that action, will be met with their worst fears come true. |
Anonymous Coward User ID: 23605514 Canada 11/18/2019 07:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75583697 United States 11/18/2019 07:24 PM Report Abusive Post Report Copyright Violation | The problem with quoting zerohedge is their record of being wrong. You can claim boom or bust every day and you will be correct much less than wrong. We have had a good run and a downturn is certainly in the future, tomorrow or years from now. You should be invested in a variety of areas. Never exspect any single stock or metal or sector to be your sole investment. The younger you are the more risk you should take and the older the less. |
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MissCleo User ID: 77082640 United States 11/18/2019 07:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77843939 United States 11/18/2019 07:31 PM Report Abusive Post Report Copyright Violation | |
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SoulWinner User ID: 76565989 United States 11/18/2019 07:32 PM Report Abusive Post Report Copyright Violation | Government/FED intervention can only cause problems. If we are blessed by four more years with Trump and a conservative Congress, this prosperity will grow exponentially. I hope FED dissolves in term 2. Housing markets generally reflect local markets, not national economy. ...Loving souls, starving trolls... |
Anonymous Coward User ID: 73326326 United States 11/18/2019 07:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 12214878 United States 11/18/2019 07:33 PM Report Abusive Post Report Copyright Violation | No matter how hard they try, they have not been able to reverse our economic momentum. Quoting: Don Draper from Nantucket And many people believe that what we have seen so far is just the tip of the iceberg. In fact, trends forecaster Gerald Celente is convinced that we are heading for “the Greatest Depression”… You think you have a crisis in a country near you now? You haven’t seen anything. When the Greatest Depression hits, people are going to be escaping violence, poverty, corruption — civil wars are happening in front of everybody’s eyes. And you think you’ve got a homeless problem in a city near you? You haven’t seen anything. You are going to see homeless everywhere. This is out of control and it’s going to only get worse as the global economy slows down… And you know what? He’s right. What is coming is going to make 2008 look like a Sunday picnic, and our society is completely and utterly unprepared for what is about to happen. Just to confirm this I have never seen so many houses on the market where I live. Just a few months ago you couldn't find a home here now there are over 780 homes on the market. What state? What part of state if possible? |
Anonymous Coward User ID: 62174541 Canada 11/18/2019 07:35 PM Report Abusive Post Report Copyright Violation | |
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Joseph User ID: 11670085 United States 11/18/2019 07:36 PM Report Abusive Post Report Copyright Violation | All this coupled with the idea that the great plan of happiness is the greatest story even written, and like other great portrayals it may foreshadow future events. Really it was amazing to discover how changes in GDP have aligned with a solar eclipse. The first eclipse is when prosperity was first known to exist, and the second eclipse is seven years after April 2017. Prosperity as defined is tenuous considering national debt, etc. |
Anonymous Coward User ID: 77997113 Australia 11/18/2019 07:36 PM Report Abusive Post Report Copyright Violation | The Fed: Prints another $60 billion a month to buy equities owned by the 1% which the American taxpayer has to foot the bill for eventually. It's so stupid it's almost beyond belief. Anyone that constantly rags on sites like zerohedge because the economy hasn't crashed yet is displaying zero understanding about the financial system. |
Anonymous Coward User ID: 77205837 Sweden 11/18/2019 07:40 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 78133979 United States 11/18/2019 07:43 PM Report Abusive Post Report Copyright Violation | if a true crash ever happens all the us dollars will flow to london and new york..and they do not want to see this happen because when they control every last dollar it means they are all worthless and the suit and tie lords will be broke |
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