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BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?

 
Don Draper from Nantucket
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11/18/2019 06:50 PM

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BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
[link to www.zerohedge.com (secure)]


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!!
PLATA BITCHEZZZZZZ

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The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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11/18/2019 06:52 PM

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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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)

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11/18/2019 06:59 PM

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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
bump
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Anonymous Coward
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11/18/2019 07:05 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Will stocking up on beans and rice help?
Anonymous Coward
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11/18/2019 07:13 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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.
 Quoting: Don Draper from Nantucket


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
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11/18/2019 07:13 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
1913, the lease is Up.
Anonymous Coward
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11/18/2019 07:17 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
[link to www.zerohedge.com (secure)]


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!!
 Quoting: Don Draper from Nantucket


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
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11/18/2019 07:23 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Michael Snyder rofl
Anonymous Coward
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11/18/2019 07:24 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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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11/18/2019 07:24 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
crazyjak
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11/18/2019 07:26 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
:ohlook:
MissCleo

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11/18/2019 07:28 PM

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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
And we just had the first step of the Dust Bowl with all the flooding in the Midwest.

Add a couple of high impact terrorism attacks on US soil, highly likely, and we crash.
Anonymous Coward
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11/18/2019 07:31 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
zero hedge is always scaremongering.
Anonymous Coward
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11/18/2019 07:31 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
1913, the lease is Up.
 Quoting: Anonymous Coward 75540213


2013 it was renewed.

Feckless neocons.
SoulWinner

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11/18/2019 07:32 PM

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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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
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11/18/2019 07:32 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
And we just had the first step of the Dust Bowl with all the flooding in the Midwest.

Add a couple of high impact terrorism attacks on US soil, highly likely, and we crash.
 Quoting: MissCleo


sheeplebah
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11/18/2019 07:33 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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.
 Quoting: Don Draper from Nantucket


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.
 Quoting: Anonymous Coward 12892666

What state? What part of state if possible?
Anonymous Coward
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11/18/2019 07:35 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
It will recover
Anonymous Coward
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11/18/2019 07:36 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
theyre going to let gold run ... they have no choice but to devalue against the midas metal .... expect $3000 + by end of next year
Joseph
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11/18/2019 07:36 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Michael Snyder rofl
 Quoting: Anonymous Coward 23605514


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
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11/18/2019 07:36 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Economic skeptics: lol idiots youve been saying the economy will crash foe years!

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
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11/18/2019 07:40 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
bsflag they will kick the can forever
Anonymous Coward
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11/18/2019 07:41 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Michael Snyder rofl
 Quoting: Anonymous Coward 23605514


Gotta disagree with you. Dude knows his stuff and comes across as a white hat type of guy.
Anonymous Coward
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11/18/2019 07:43 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
lol

Thread: I tried to tell you.... Did you listen?
Anonymous Coward
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11/18/2019 07:43 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
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
Anonymous Coward
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11/18/2019 07:43 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
bsflagbsflagbsflagbsflagbsflag
Anonymous Coward
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11/18/2019 07:44 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
so tell me now...how they end up getting away with it all
Anonymous Coward
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11/18/2019 07:45 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
when all dollars come back home...they are not rich with dollars...they are flat broke
Anonymous Coward
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11/18/2019 07:46 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
their dollars are worthless and they dont want them
Anonymous Coward
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11/18/2019 07:47 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
new money system...means london bankers and new york bankers are broke...it is going to happen
Anonymous Coward
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11/18/2019 07:48 PM
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Re: BRACE FOR IMPACT!! The US economy is going to GO DOWN HARD!! Are you prepared?!?
Hope the fucker bursts and all yer precious dough goes up in a puff of smoke player.





GLP