War and Covid - The excuse for the coming financial collapse

Discussion in 'Economics & Trade' started by cjn3, May 25, 2022.

  1. cjn3

    cjn3 Newly Registered

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    The banking debt system is a complete scam.
    They just push a button and for some reason you owe them the loan + interest.
    If you try the same scam you go to jail.

    Only new loans can pay for old loans + interest. The system must collapse sooner or later.
    Now debt is so high central banks need to print money to pay for older loans.
    When they stop printing everything collapse.
    If they continue printing there of course will be higher and higher inflation and then a currency collapse etc.

    And when the economy crash and people lose their income they revolt. Unless they are very sick and depend on the government and Big Pharmas injections.

    Their "solution" to remain in control over humanity is a great reset with massive surveillance and far less people.

    But it´s hard to sell unless they can blame someone else for the economic collapse.
    Like Putin or a virus.

    The money masters
     
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  2. cjn3

    cjn3 Newly Registered

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    Last edited: May 25, 2022
  3. cjn3

    cjn3 Newly Registered

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    Could cooperation between the largest nations be a solution? For cancelling debt.
     
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Totally agree. The recently passed Covid shutdown of businesses and schools, and the intervention in Ukraine are both being used to blame problems on that are being caused by something else.


    For those who think the Ukraine conflict has anything to do with high gas prices

    Ukraine and the recent pandemic being blamed for problems caused by Democrat incompetence


    "If all this inflation really is just caused by temporary supply chain issues, as is claimed, then shouldn't we see prices begin to drop back down soon?
    China and India are beginning to buy oil from Russia, which should cause oil prices on the world market to drop back down.​

    I suppose that will be the test, won't it? If prices drop back down to what they were, then we will know that the inflation was just caused by supply chain issues. If, on the other hand, they don't, if prices don't start falling back anywhere near what they were, then we will know for certain that this inflation was caused by an increase in the amount of money the government has printed."​

    Are you feeling Biden's inflation yet?
     
    Last edited: May 25, 2022
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  5. cjn3

    cjn3 Newly Registered

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    To be clear free markets is not the problem.

    The problem is that bankers do not follow free markets and capitalism. They are to big to fail. If they fail tax payers must bail them out. Socialism for the super rich and capitalism for the poor.

    This video is about the financial weapons of mass destruction. Some believe this bankers casino to be around 20 times the global economy. And insane number. And mostly unregulated.



     
    Last edited: May 26, 2022
  6. FatBack

    FatBack Well-Known Member

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    The federal government is basically a great big Ponzi scheme anyway.

    It's been that way since they abolish the precious metal standards of money
     
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  7. cjn3

    cjn3 Newly Registered

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    Interview with Danielle. Former advisor to FED.

    "Possible end of the 40-year bull in debt, if so a “global depression” threat"


     
  8. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    The alternative to a sudden collapse is just a very prolonged period of economic malaise, with the economy being weighed down for maybe 6 to 25 years.

    Of course if the economy suffers even a moderate recession, it might not be able to recover back to where it would have been (had it not been for that recession) for a long time.

    We can look what happened to the societies after the bubbles popped in Japan and Thailand. Birth rates plummeted. Many men who formerly had middle class office jobs became relegated to low paying jobs, one former big project real estate developer had to sell peanuts on the streets. Thailand almost seemed like it might attain "First World" standards of living for a time, but then that bubble popped.

    Imagine people's credit being ruined after they cannot afford to keep making payments on their house. Even if they eventually find another job like their previous one, it will be very difficult for them to get a loan.

    And unfortunately, due to stupid Progressive Left policies that are having the complete opposite effects intended, renting will get harder and more expensive. Corporations are beginning to take that over, since smaller landlords do not want to have to deal with all the legal burdens and government-imposed obligations. Corporate-run places are usually smaller, more crammed together, more noisy, less space for children to play, and much more expensive, besides being less much less flexible about terms of payment and qualifications.
     
    Last edited: May 29, 2022
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    the one thing saving us is that the whole world is hurting at the same time, thus they need us to not fail too

    it's all perception, paper money is nothing unless people believe it is, the minute people stop believing, it's worthless
     
    Last edited: May 29, 2022
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    always will be, if this one crashes, a new will appear, for better or for worse

    resources are finite, not all the world can be mega consumers either, so there is that
     
    Last edited: May 29, 2022
  11. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    That's not really true. "The whole world", by that maybe you mean the US, Canada, Australia, and European Union.
     
    Last edited: May 29, 2022
  12. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Maybe they won't be able to borrow money, since after being burned before, no one will trust their credibility. And that might be a good thing.

    (Or even better, maybe we could just get government to stop borrowing more money now, so there doesn't need to be a crash)
     
    Last edited: May 29, 2022
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    anyone that imports or outsources their jobs, the global economy is hurting
     
  14. FreshAir

    FreshAir Well-Known Member Past Donor

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    then we live like the American Indians until another bigger government takes us over
     
    Last edited: May 29, 2022
  15. cjn3

    cjn3 Newly Registered

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    The more debt the larger and faster the collapse will be though.
    So unless banking is not changed to something that benefit humanity then many will die in the coming collapse.
     
  16. cjn3

    cjn3 Newly Registered

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    Guess Peter is right.

     

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