Great Depression of 2016

[rufus]

Interesting reading: http://washingtonexaminer.com/exami...ilout-now-ships-jobs-to-china/article/2537323

The automakers made money on cars made and sold overseas, but lost it on the domestic market. It is not just the US; Volvo is owned by the Chinese Chery now, Range Rover is owned by Tatra the Indian automaker.

As the US and Canadian governments sell off their holdings in GM, you have to wonder who is buying their stock? When the unmitigated greed of labor unions make an industry unprofitable, the company gets sold off. Foreign investors do not buy companies to deal with truculent unions and never ending government regulation. No, they buy companies to make money and provide employment for their own people. Expect to see a massive movement of machinery, technology and patents.

When China gets it's hands on GM, they will inherit a bonanza of defense information. I expect they will knock of our tanks and submarines.

This worries me. And the people in the congress were warned, and yet they hung on to their addiction to spending. Laissez les bons temps rouler. They don't realize that the dance is over and the band wants to be paid.

 

[frenchblackcopper]

Heard today of other wild spending our tax dollars is paying for,,seems if your an elected senator or representative in Washington DC,,if you die while in office,us taxpayers foot the bill for a tune of $174,000 as a death benefit. Don't this seem a little overkill,and not the responsibilty of taxpayers? Oh,I forgot,,those we put in office do as they wish while in office.
Here is a link to David Buckner,he and many others are staunch believers late 2015-2016 will be our final demise.His credentials are excellent and listen to both videos carefully.

http://www.glennbeck.com/2013/10/02...n-course-for-a-weimar-republic-style-collapse

When the USA goes down the tank,wonder how much foodstocks our elected officials have stuffed in all their secret Cold War bunkers? Course that's where they all will be hiding out as the population tries to scrape by on anything possible.I bet somewhere there is a budget bill stating all past and present elected officials still alive ,in the time of recession-depression,will have access to all the printed currency they need,since to us it will be basically tp,useless.

 

[frenchblackcopper]

This too is scarey but a reality.http://www.wired.com/threatlevel/2012/03/ff_nsadatacenter/ Click on the page links and see how intrusive this organization really is. If what politicians call a "recession" when it's really a "depression" does happen, what value will this place have in a world wide population that all will be equal to what a so called 3rd world country is now? We won't be able to afford cell phones,or internet,or computers.let alone the electrcity to power them. So NSA won't be able to spy on us. A good old Electromagnetic pulse would render this place a waste as well.

 

[rachmickmurphy]

Eye opening thread. Here in Australia we only getting bits of info about the US situation its pretty bad guys I hope the future is brighter than predicted. Either way self reliance is the best for every person every country bring back peasant economy I say. China is buying a lot of our farming land (our area has become known as the Asian food bowl) they are assimilating our scrap metal companies buying our export licences and our goldmines. we are not far behind you we have always follow your trends. Reckon our gov will want holidays after seeing your mob all go home for siestas.

 

[rufus]

The function of colonies is to provide raw materials and markets for manufactured goods. We are all being colonized by China. They are in joint ventures with Chesapeake, Devon, Apache and a good many other oil companies. They are gaining ownership of US and Canadian minerals and deep drilling technology. Where this will lead is anyone's guess.

I see where the Chinese bought Smithfield Ham.

When Chinese Agribusiness attempted to acquire vast tracts of land in Argentina, the government put a stop to it. Nobody wants to become an unwanted guest in their own land. Every country should feed it's own people first.

Better learn Mandarin so that you can talk to your new land lord.

 

[hemet dennis]

Heard today of other wild spending our tax dollars is paying for,,seems if your an elected senator or representative in Washington DC,,if you die while in office,us taxpayers foot the bill for a tune of $174,000 as a death benefit. Don't this seem a little overkill,and not the responsibilty of taxpayers? Oh,I forgot,,those we put in office do as they wish while in office.
Here is a link to David Buckner,he and many others are staunch believers late 2015-2016 will be our final demise.His credentials are excellent and listen to both videos carefully.

http://www.glennbeck.com/2013/10/02...n-course-for-a-weimar-republic-style-collapse

When the USA goes down the tank,wonder how much foodstocks our elected officials have stuffed in all their secret Cold War bunkers? Course that's where they all will be hiding out as the population tries to scrape by on anything possible.I bet somewhere there is a budget bill stating all past and present elected officials still alive ,in the time of recession-depression,will have access to all the printed currency they need,since to us it will be basically tp,useless.

OK in the second video he says at about the 1:40 mark that went the treasury interest rate goes up any that will start the dominoes falling and goes on to say it will take 3 months from then to stat hyper inflation.
Well in the treasury rate went up almost double back in April 2013, some here about 6 months later, what happened ?

 

[hemet dennis]

This too is scarey but a reality.http://www.wired.com/threatlevel/2012/03/ff_nsadatacenter/ Click on the page links and see how intrusive this organization really is. If what politicians call a "recession" when it's really a "depression" does happen, what value will this place have in a world wide population that all will be equal to what a so called 3rd world country is now? We won't be able to afford cell phones,or internet,or computers.let alone the electrcity to power them. So NSA won't be able to spy on us. A good old Electromagnetic pulse would render this place a waste as well.

I had to laugh when it said "this is all being done in secret".

 

[rebelcowboysnb]

The function of colonies is to provide raw materials and markets for manufactured goods. We are all being colonized by China. They are in joint ventures with Chesapeake, Devon, Apache and a good many other oil companies. They are gaining ownership of US and Canadian minerals and deep drilling technology. Where this will lead is anyone's guess.

I see where the Chinese bought Smithfield Ham.

When Chinese Agribusiness attempted to acquire vast tracts of land in Argentina, the government put a stop to it. Nobody wants to become an unwanted guest in their own land. Every country should feed it's own people first.

Better learn Mandarin so that you can talk to your new land lord.

每個人都應該知道第二語言。有些人比其他人更好地了解。

 

[rufus]

I see where the Chinese are now preparing for their currency to become the new reserve currency. They are re casting all of that gold they have been buying in to smaller bars. If they back the renminbi with gold, it most certainly will become the standard. Fiat currencies will lose their value.

Where does that leave us? How can we protect ourselves? Gold will probably get confiscated by the government. And if it isn't, how can you buy a loaf of bread and a jar of peanut butter with a heavy ingot? I think old silver coinage and the lowly pre 1978 copper cent may be the way to go.

I have been posting on this forum for about six or seven years. I value the opinion of others, but at this time I suggest it is time to move away from bonds.

 

[hemet dennis]

I see where the Chinese are now preparing for their currency to become the new reserve currency. They are re casting all of that gold they have been buying in to smaller bars. If they back the renminbi with gold, it most certainly will become the standard. Fiat currencies will lose their value.

Where does that leave us? How can we protect ourselves? Gold will probably get confiscated by the government. And if it isn't, how can you buy a loaf of bread and a jar of peanut butter with a heavy ingot? I think old silver coinage and the lowly pre 1978 copper cent may be the way to go.

I have been posting on this forum for about six or seven years. I value the opinion of others, but at this time I suggest it is time to move away from bonds.

The Renminbi or the Yuan will not be the world reserve currency. A currency that's backed by gold is very easy to manipulate, the Chinese know that and will never peg their currency to gold.