Great Depression of 2016

[rufus]

Cupman, if you can't see it, think about it. The treasury is selling bonds to the fed because the Chinese and the rest of the world won't buy them. The fed gives treasury printed dollars. This is the way massive inflation starts. When the Chinese, Japanese, Koreans and Arab states see the dollar being prostituted, they will opt out of dollar denominated investments and move to hard assets. They will buy real estate, gold, silver, scrap metal. This will dump all of those dollars those people have been hoarding. The value of the dollar will plummet even further.

The government keeps interest rates real low by pumping dollars into the economy. The Chinese borrow that money and then lend it back through the banking system. If they get dollars for two per cent and loan those dollars out on charge cards at twenty two or twenty three per cent you can see what is happening.

The US government tries to stimulate the economy, but they end up stimulating the economy of China.

 

[cupman]

Look. I tried to read most of the things you all said but I just can't agree with the overall theme. We are the USA. If our country is so frail it could fall as quickly as you make it out to be I almost think you have no faith in us. We are in debt, that is bad.. we have too many people on foodstamps.. bad. but I'm not ready to remodel my home as though zombies are going to be attacking in two weeks. There's a lot of other countries in worse shape than ours that have experienced what we are experiencing and worse... and none of them have had to form militias to fight waves of combatants for canned food.

 

[frenchblackcopper]

Yes,countries that have been 3rd world countries are always be in worse shape.Search the unemployment rates in Italy,France and Germany now.But since the largest countries all use the US Dollar as trading (this was because of Opec) once our currency is deemed worthless,,it will greatly impact a lot more,than just our nation.It took many years to recover from the Great Depression,mainly because we entered the war and this created jobs.Granted,the Great Depression wasn't caused in whole because of a valueless dollar,but because the banks loaned money for people to invest in a basically ungoverned-crooked stock market.

 

[rufus]

Sometimes it is hard to comprehend a situation, especially if it had never occurred in your lifetime. But a ruined currency will stifle economic activity. Remember what happened in Germany and in Zimbabwe when their currencies collapsed.

I am more concerned with a self serving government seizing assets than I am zombies. The government is real; zombies are BS.

Remember how Stalin starved the Ukraine to keep his communist party alive. Remember what happened to the Kulaks.

 

[Baymule]

Look. I tried to read most of the things you all said but I just can't agree with the overall theme. We are the USA. If our country is so frail it could fall as quickly as you make it out to be I almost think you have no faith in us. We are in debt, that is bad.. we have too many people on foodstamps.. bad. but I'm not ready to remodel my home as though zombies are going to be attacking in two weeks. There's a lot of other countries in worse shape than ours that have experienced what we are experiencing and worse... and none of them have had to form militias to fight waves of combatants for canned food.

Cupman, my home is not remodeled to fend off starving skeletons salivating over my pantry.

While I believe our country is in some deep doo-doo, I also believe in the American people. But what people have lost sight of is being responsible for ourselves and looking out for our neighbors. I take this thread as concerned people warning others to hope for the best, but prepare for the worst. If you stock up your pantry and nothing ever happens, then you can skip the grocery shopping for a while. If you stock up your pantry and you lose your job, then you have reserves to fall back on. (been there done that) I live in hurricane country and having plenty to eat fed not only my family, but friends and neighbors too when we have been hammered by a storm. Being without power for weeks might make you glad for that glass oil burning lamp and a gallon of kerosene.

If the major employer in your town is laying off, then the economy looks real bad. If you work on an oil rig 7 days a week, then the economy looks pretty good. It is all in perspective. But you can bet that oil field worker has been through lay-offs, if he/she is old enough.

I garden and have chickens. We can well afford to go to the store and buy it, but what I raise has no chemicals on it or poisons. The food I raise is fresh and a $2 packet of seed brings forth much more than $2. Funny thing about having a garden, sometimes there is extra. I give some away and dehydrate/can/freeze some.

You don't have to agree with all that is posted here. I take some of it with a grain of salt myself. But I also know the debt level in this country is unsustainable and sooner or later, the chickens are coming home to roost. We might have a total meltdown, but I doubt it. I think imports (that covers a lot of things we use daily) will get much more expensive. That in turn could lead to manufacturing getting revved up in this country again. The change-over pains in the process will not be pleasant for many. Nobody is telling you to stock up on beans and rice, just giving options. It is up to you what you do with the information.

 

[Earl-Ray]

once you realize the truth of whats really going on it all becomes clear. 2 words... socialist takeover. dont believe it? name one constitutional right that isnt being trampled or attempted to eradicate. wake up. you are no longer represented by the government. everything they say is a lie but the way they word it sounds "good" that is, if you are easily deceived. their ploy is either fear or to play on your emotions. political bondage is coming. the same tactics being used now are classic communist deception. two 18 wheeler trucks have been pulled over in Texas, routine traffic stop. one in south Texas heading south, the other in Houston heading north. the whole trailer was loaded with signs that said "martial law in effect". military personnel are reporting that plans to kick in YOUR door and confiscate YOUR weapons will happen SOON. they are also reporting martial law, also road blocks and MANDATORY vaccinations and if you refuse, you get loaded on a bus and taken to ,their words, concentration camps. (did you know FEMA spent 96% of its budget on prisons and underground bunkers??? ) if you have the in-cling you can find out all about this on the internet. google, youtube, etc. police, sheriff, and local law enforcement are reporting memos from the government saying watch out for evangelical christians, catholics, mormons, latter day saints they are upset about the election and may rise up(just like aaaalllll the "other" times, right??? lies). they have also reported things like the government saying things like if you have seven days or more of food in YOUR house you are considered a terrorist. in some places (large cities) the military is already being implemented into local police forces. do not be naive. wake up. freedom may soon disappear. this is the calamity coming. not zombies. not global warming. global warming is such a farce. google cow fart tax. see what scientists are saying about how cows farting are contributing to global warming. and earthworms too... call me crazy all you want, but when you see these things come to pass, remember my words, avoid road blocks, do not accept the vaccine or the chip. enjoy what freedom you have while you can.

 

[frenchblackcopper]

Earl- Ray, there is a lot of facts I have found and am keeping track of that for the most part,if posted in this forum,others would say I'm two steps away from the loony farm.If you read back,I posted earlier about how FEMA had been beefing up several of their "camps",,that some calibers of ammo has not been on store shelves in months,yet backorders has still not been filled.NSA easedropping on our internet communication,cell phone texts and calls,then using the reason it's for the ongoing fight against global terrorism??
Half the country is now accepting food stamps,and other forms of Govt handouts.There is no longer the 3 "classes" of income population,it's now only the rich or the poor. A $100k a year job is now considered a upper-lower class.Our Govt is controlled by big companies and lobbyist,not us,the backbreaking taxpayers.Four years in office is too long.Elected officials needs to be abolished! Paper money needs to be thrown away,and only precious metals backed 100% currency is acceptable,,no more "In God We Trust". Illegal immigration needs to stop completely.What is acceptable spending in Washington,like the $650 million failed healthcare.gov website,,has to stop.
Ross Perot was a man ahead of his time when he debated over uncontrolled govt spending many years ago.Wall Street knows how close to the real edge this country is but since it's all about big profits,,let's keep riding the bull until when the back breaks,the entire US Population will pay,not them.
Our banking system,and US Treasury is a peach too. Ever hear the story of Jekyll Island,and about how the 5 richest men in the world,worked their way into being the entire money machine for the USA? There is no democracy,our constitutional rights are weak,at best if we actually have any that will hold up anymore. Have you read too where over 139? of the TOP Military Generals has been fired since Obama took office because they posed a threat to him,in one way or another? They have now banded together and hopefully many will stay as strong and defiant as they were when in office. We will not be "rid" of Obama when his second term expires in 3 years,,mark my words!! This country has been on a one way dirt road leading to a dead end for the past 2 decades. And the dead end isn't much farther.

 

[rufus]

What concerns me is all of the talk of income disparity. If someone stays in school and takes advantage of the educational opportunities, works, saves and invests, why do they have to support those that dropped out of school, did drugs and didn't work? It used to be that poverty was self imposed in this country. Not so anymore. It is government imposed; productive people are taxed to support the social parasites.

And now they want to level the playing field. Just because some person is missing a leg, are they going to cut everyone else's leg off? Politicians seem to think that society is like nursery school where everyone gets two cookies no matter what. Productive people won't put up with that.

Worse, I fear we are headed to a one party nation, and that is really bad news. One party controls the news media, and they use that media to demonize the other party. Maybe it is time to leave, but where to go is the problem? And I am too old to start over.

 

[frenchblackcopper]

Hows this for new laws? All school systems students has to take testing for two days at the beginning of each new school year. There is a statewide average that all schools must meet, if not funding dollars are cut. Our school district has always exceeded this statewide average,,,,,,,that was until this fall when school started ,and the tests were given. We fell 3 points short of the average. The 'No Child Left Behind" laws are now out the window, with the new "Common Core" guidelines. Classes are divided up into the 4 possible intelligence levels of the students. Highest 2 levels are basically the same but the 3rd ranked kids now must have the test read to them by the teacher. And this is the best part,,the 4th ranked kids, you know, the ones who would rather be stealing cars, or selling dope, or don't even know how to read or write? Well these future menaces to society must have the test read to them, as well as the teacher giving the correct answer. All they have to do is mark that correct answer on their page with a check mark.
Seems like over half of the people around here don't work, you see them walking uptown each day wearing sweat pants,or flannel pajama pants. I don't believe half of them can read a book, let alone be a responsible caring parent. 2/3 of the enrolled kids are eligible for reduced or free meals but with Michele O'Bamas new diet for children, none of the kids will get school meals anymore. Rye bread and apple juice aren't big hits with kids. Look at the tax money that is being wasted in our schools? Or school sports teams being transported over 100 miles away to play against like-sized schools, so the teams are more equal? We see waste like this every single day that we are paying for. Everything needs to have an overhaul. It's not fair that over 25% of my check disappears each week, and I have no say or control who is actually getting what I honestly worked for. The working class supports the non-working class and our govt now makes it very easy to live without any sweat equity at all. I know one person that between disability( because she is 125 lbs overweight ONLY causing her not to be able to work ANYWHERE?) and her food stamps,and child support,and social security,,gets over $3000 each month in free benefits,,,,$36,000 a YEAR!!!!! Hows this fair to many of us?

 

[rufus]

Well, many people really want to work, but there are no jobs to be had. Government and unions have destroyed our industrial base. Then government (tax payers) have to support the unemployed, but it does not provide employment. Indolence is an easily acquired skill. Eventually, the system will break down. Then we will see a big problem.

Hoover Dam was built in three years. Now, it will take twelve years to string an electric line from wind farms in the Texas Panhandle down to the Dallas Fort Worth area. The only difference is government and unions. Most of the hold up is government permits and labor contracts.

Protecting endangered species sounded good, but the law allows obstructionist to hold up everything. We will probably never see the Keystone Pipeline built, but we will see lawyers getting rich off of the law suits.

We need to take another look at that law. It is natural that some species go extinct; nature evolves and provides flora and fauna appropriate for the ecological niche. If it didn't, we would be up to our neck in dinosaurs.

We need to repeal the Endangered Species Act.