Economy crash =/= stock market crash?

tranquility1

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

The central banks cannot reduce or raise interest rates.  All they can do is print money.

This financial system is broken beyond repair.  It will be replaced very soon.

The powers that be are filling their boots with loot, and they have arranged ways to transition with their wealth.


I am just shocked that any of you can look at the situation and not see what we are on the cusp of.

Perhaps you can tell us what we are on the cusp of?  And when will whatever it is that cusps do happen?  Where can the powers that be transition to and what good will their wealth do them there?  All assets except food, weapons and shelter will be worthless.

If things are as bad as you seem to think they are what anyone does with their investments/savings is totally irrelevent. So why post here?  Or do anything else come to that.  Why not just sit in a darkened room and wait for the inevitable?

On the other hand you could be wrong.

We are on the cusp of a global financial meltdown.  The collapse of currencies.  The end of high street banks.  I think it will take place this winter.  Possibly even in late October.  The powers that be can preserve their wealth in hard assets (land, property, precious metals etc).  This will mean they have money when the transition to the new financial system occurs.  The average Joe will lose much of what they have as their asset prices collapse and their inflated money is worthless. 

I'm here because I'm curious as to what is being discussed, I'm bored, and I enjoy posting here.  I am not the "sit in a dark room type".  I am preparing.

Hope that answers your questions.

If your plans are based on surviving the end of world as we know it they seem somewhat inadequate. A very full store cupboard would perhaps support a few weeks of unhealthy eating. Now what about water? Heating? Winter will soon be here.

How will you sell your gold? The bullion dealers would be closed. Even if they weren’t and you could actually get to their premises what would they give you? A sackful of worthless £50 notes though the banks will be closed so perhaps not. So you are reduced to barter with your neighbours. What would they give you in exchange?  A tin of beans could be worth more than a gold bar.  With no electricity and the internet down what good would your crypto be?

I am afraid you will be in the queue for the military-run soup kitchens along with everyone else.

ISTM people take all the benefits of modern civilisation for granted.  They are all ultimately based on the global financial system.  If that fails all bets are off.

If you want to prepare for the end of the world you really need to take it seriously.

What do you do if in 6 months time nothing has happened? 

Gold isn't for use during the collapse.  Gold is a store of wealth which will enable you to buy assets when the new financial system is established. 

Perhaps your money in the bank will be carried over.  Perhaps it will be devalued.  Perhaps it will disappear.  Gold solves that problem and will store wealth no matter what happens.  But you certainly don't trade it for a tin of beans.  It has far more value when everything settles down and people have food in their cupboards again.  If anything, silver is better for bartering.  In reality things like lighters, bin bags and alcohol are what people will be in need of, and these are more appropriate things to keep in stock if all the shops are shut for a prolonged period.


I do agree that if society collapses most people (myself included) are screwed.  But you can give yourself a a better chance by preparing.

lozzy1965

Now that IS interesting.  Type_45 last posted in July and you joined in July.  And you both pedal baseless global conspiracies!  Nice to see you back again, shame it will only be for a few months before the world as we know it ends. 

aroominyork

I have put Type_45 and tranquility1's post through an algorithm to see whether they originate from the same author. It seems 98% certain that they are written by the same person, although the computer also suggested that some passages may have been written by the Earl of Oxford or Christopher Marlowe.

lozzy1965

aroominyork said:

I have put Type_45 and tranquility1's post through an algorithm to see whether they originate from the same author. It seems 98% certain that they are written by the same person, although the computer also suggested that some passages may have been written by the Earl of Oxford or Christopher Marlowe.

But nothing by David Ike?  Now that is bizarre.  Might David have got at your algorithm?  

Linton

tranquility1 said:

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

The central banks cannot reduce or raise interest rates.  All they can do is print money.

This financial system is broken beyond repair.  It will be replaced very soon.

The powers that be are filling their boots with loot, and they have arranged ways to transition with their wealth.


I am just shocked that any of you can look at the situation and not see what we are on the cusp of.

Perhaps you can tell us what we are on the cusp of?  And when will whatever it is that cusps do happen?  Where can the powers that be transition to and what good will their wealth do them there?  All assets except food, weapons and shelter will be worthless.

If things are as bad as you seem to think they are what anyone does with their investments/savings is totally irrelevent. So why post here?  Or do anything else come to that.  Why not just sit in a darkened room and wait for the inevitable?

On the other hand you could be wrong.

We are on the cusp of a global financial meltdown.  The collapse of currencies.  The end of high street banks.  I think it will take place this winter.  Possibly even in late October.  The powers that be can preserve their wealth in hard assets (land, property, precious metals etc).  This will mean they have money when the transition to the new financial system occurs.  The average Joe will lose much of what they have as their asset prices collapse and their inflated money is worthless. 

I'm here because I'm curious as to what is being discussed, I'm bored, and I enjoy posting here.  I am not the "sit in a dark room type".  I am preparing.

Hope that answers your questions.

If your plans are based on surviving the end of world as we know it they seem somewhat inadequate. A very full store cupboard would perhaps support a few weeks of unhealthy eating. Now what about water? Heating? Winter will soon be here.

How will you sell your gold? The bullion dealers would be closed. Even if they weren’t and you could actually get to their premises what would they give you? A sackful of worthless £50 notes though the banks will be closed so perhaps not. So you are reduced to barter with your neighbours. What would they give you in exchange?  A tin of beans could be worth more than a gold bar.  With no electricity and the internet down what good would your crypto be?

I am afraid you will be in the queue for the military-run soup kitchens along with everyone else.

ISTM people take all the benefits of modern civilisation for granted.  They are all ultimately based on the global financial system.  If that fails all bets are off.

If you want to prepare for the end of the world you really need to take it seriously.

What do you do if in 6 months time nothing has happened? 

Gold isn't for use during the collapse.  Gold is a store of wealth which will enable you to buy assets when the new financial system is established. 

Perhaps your money in the bank will be carried over.  Perhaps it will be devalued.  Perhaps it will disappear.  Gold solves that problem and will store wealth no matter what happens.  But you certainly don't trade it for a tin of beans.  It has far more value when everything settles down and people have food in their cupboards again.  If anything, silver is better for bartering.  In reality things like lighters, bin bags and alcohol are what people will be in need of, and these are more appropriate things to keep in stock if all the shops are shut for a prolonged period.


I do agree that if society collapses most people (myself included) are screwed.  But you can give yourself a a better chance by preparing.

Like I said, people take too much for granted.  Things that just happen now are predicated on vast and hugely complex global organisational and physical networks.   Assume the world's currencies and financial systems collapse and the banks all go bust.  Your savings are the least of your problems.  A far bigger problem is the effect on companies and on movement of cash around the world

The following morning following the collapse will you go into work?  Why?  You won't be paid.  Your employer wont have any cash and wont have any mechanism to give it to you.  In any case you would probably want to stay at home guarding your gold and food stores,  The same will apply to those people who run the essential, and non essential services.  So no electricity, no communications etc etc except perhaps those run by the military if discipline can be maintained. There arent any imports so if some vital part breaks you wont be able to replace it from halfway across the world.

Somehow the world's leaders get together, assuming they have any power.  How do they agree the New Order?  If there is a new global currency I guess it would be called the Yuan.

How is it implemented?  The computer systems running finances across the world are tied into the existing currencies and the existing financial networks.  For example money transfer, loans, insurance, taxes, payroll, pensions  etc etc.  You, at best, are talking about a major rewrite, more likely a total redesign from scratch.  There arent the staff to do that.  Before that work started you would need international agreement on interfaces and then the technical specification.  But there arent the staff nor the organisation to do that either.  Suppose we do get that far then there's the nuts and bolts - all the companies who would do the work have collapsed in the meantime.  The infrastructure wont exist to create new ones.

So it could easily be decades of chaos before a new financial system could be fully implemented.  I hope you have a large food cupboard.

sevenhills

lozzy1965 said:

Now that IS interesting.  Type_45 last posted in July and you joined in July.  And you both pedal baseless global conspiracies!  Nice to see you back again, shame it will only be for a few months before the world as we know it ends. 

Now that is interesting for tranquility1

Does Lozzy work for MI5 and has these tech tools at his disposal?

Personnaly, I stock up and tins of tuna, a much better stock when it comes to inflation or the end of the world.

tranquility1

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

The central banks cannot reduce or raise interest rates.  All they can do is print money.

This financial system is broken beyond repair.  It will be replaced very soon.

The powers that be are filling their boots with loot, and they have arranged ways to transition with their wealth.


I am just shocked that any of you can look at the situation and not see what we are on the cusp of.

Perhaps you can tell us what we are on the cusp of?  And when will whatever it is that cusps do happen?  Where can the powers that be transition to and what good will their wealth do them there?  All assets except food, weapons and shelter will be worthless.

If things are as bad as you seem to think they are what anyone does with their investments/savings is totally irrelevent. So why post here?  Or do anything else come to that.  Why not just sit in a darkened room and wait for the inevitable?

On the other hand you could be wrong.

We are on the cusp of a global financial meltdown.  The collapse of currencies.  The end of high street banks.  I think it will take place this winter.  Possibly even in late October.  The powers that be can preserve their wealth in hard assets (land, property, precious metals etc).  This will mean they have money when the transition to the new financial system occurs.  The average Joe will lose much of what they have as their asset prices collapse and their inflated money is worthless. 

I'm here because I'm curious as to what is being discussed, I'm bored, and I enjoy posting here.  I am not the "sit in a dark room type".  I am preparing.

Hope that answers your questions.

If your plans are based on surviving the end of world as we know it they seem somewhat inadequate. A very full store cupboard would perhaps support a few weeks of unhealthy eating. Now what about water? Heating? Winter will soon be here.

How will you sell your gold? The bullion dealers would be closed. Even if they weren’t and you could actually get to their premises what would they give you? A sackful of worthless £50 notes though the banks will be closed so perhaps not. So you are reduced to barter with your neighbours. What would they give you in exchange?  A tin of beans could be worth more than a gold bar.  With no electricity and the internet down what good would your crypto be?

I am afraid you will be in the queue for the military-run soup kitchens along with everyone else.

ISTM people take all the benefits of modern civilisation for granted.  They are all ultimately based on the global financial system.  If that fails all bets are off.

If you want to prepare for the end of the world you really need to take it seriously.

What do you do if in 6 months time nothing has happened? 

Gold isn't for use during the collapse.  Gold is a store of wealth which will enable you to buy assets when the new financial system is established. 

Perhaps your money in the bank will be carried over.  Perhaps it will be devalued.  Perhaps it will disappear.  Gold solves that problem and will store wealth no matter what happens.  But you certainly don't trade it for a tin of beans.  It has far more value when everything settles down and people have food in their cupboards again.  If anything, silver is better for bartering.  In reality things like lighters, bin bags and alcohol are what people will be in need of, and these are more appropriate things to keep in stock if all the shops are shut for a prolonged period.


I do agree that if society collapses most people (myself included) are screwed.  But you can give yourself a a better chance by preparing.

Like I said, people take too much for granted.  Things that just happen now are predicated on vast and hugely complex global organisational and physical networks.   Assume the world's currencies and financial systems collapse and the banks all go bust.  Your savings are the least of your problems.  A far bigger problem is the effect on companies and on movement of cash around the world

The following morning following the collapse will you go into work?  Why?  You won't be paid.  Your employer wont have any cash and wont have any mechanism to give it to you.  In any case you would probably want to stay at home guarding your gold and food stores,  The same will apply to those people who run the essential, and non essential services.  So no electricity, no communications etc etc except perhaps those run by the military if discipline can be maintained. There arent any imports so if some vital part breaks you wont be able to replace it from halfway across the world.

Somehow the world's leaders get together, assuming they have any power.  How do they agree the New Order?  If there is a new global currency I guess it would be called the Yuan.

How is it implemented?  The computer systems running finances across the world are tied into the existing currencies and the existing financial networks.  For example money transfer, loans, insurance, taxes, payroll, pensions  etc etc.  You, at best, are talking about a major rewrite, more likely a total redesign from scratch.  There arent the staff to do that.  Before that work started you would need international agreement on interfaces and then the technical specification.  But there arent the staff nor the organisation to do that either.  Suppose we do get that far then there's the nuts and bolts - all the companies who would do the work have collapsed in the meantime.  The infrastructure wont exist to create new ones.

So it could easily be decades of chaos before a new financial system could be fully implemented.  I hope you have a large food cupboard.

I think the new financial system has already been put together.  That's why they are purposely running this one into the ground.  It's all in place.  What isn't in place yet are the CBDCs.  That will hold things up.  However, the collapse may happen sooner than they planned with Evergrande due to default on 24 October.

Thrugelmir

tranquility1 said:

The central banks cannot reduce or raise interest rates.  All they can do is print money.

Not according to the recent minutes issued by the Fed and the BOE.  In addition two developed countries increased their base rate in September. Seems as if high tide has been reached. 

lozzy1965

tranquility1 said:

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

Linton said:

tranquility1 said:

The central banks cannot reduce or raise interest rates.  All they can do is print money.

This financial system is broken beyond repair.  It will be replaced very soon.

The powers that be are filling their boots with loot, and they have arranged ways to transition with their wealth.


I am just shocked that any of you can look at the situation and not see what we are on the cusp of.

Perhaps you can tell us what we are on the cusp of?  And when will whatever it is that cusps do happen?  Where can the powers that be transition to and what good will their wealth do them there?  All assets except food, weapons and shelter will be worthless.

If things are as bad as you seem to think they are what anyone does with their investments/savings is totally irrelevent. So why post here?  Or do anything else come to that.  Why not just sit in a darkened room and wait for the inevitable?

On the other hand you could be wrong.

We are on the cusp of a global financial meltdown.  The collapse of currencies.  The end of high street banks.  I think it will take place this winter.  Possibly even in late October.  The powers that be can preserve their wealth in hard assets (land, property, precious metals etc).  This will mean they have money when the transition to the new financial system occurs.  The average Joe will lose much of what they have as their asset prices collapse and their inflated money is worthless. 

I'm here because I'm curious as to what is being discussed, I'm bored, and I enjoy posting here.  I am not the "sit in a dark room type".  I am preparing.

Hope that answers your questions.

If your plans are based on surviving the end of world as we know it they seem somewhat inadequate. A very full store cupboard would perhaps support a few weeks of unhealthy eating. Now what about water? Heating? Winter will soon be here.

How will you sell your gold? The bullion dealers would be closed. Even if they weren’t and you could actually get to their premises what would they give you? A sackful of worthless £50 notes though the banks will be closed so perhaps not. So you are reduced to barter with your neighbours. What would they give you in exchange?  A tin of beans could be worth more than a gold bar.  With no electricity and the internet down what good would your crypto be?

I am afraid you will be in the queue for the military-run soup kitchens along with everyone else.

ISTM people take all the benefits of modern civilisation for granted.  They are all ultimately based on the global financial system.  If that fails all bets are off.

If you want to prepare for the end of the world you really need to take it seriously.

What do you do if in 6 months time nothing has happened? 

Gold isn't for use during the collapse.  Gold is a store of wealth which will enable you to buy assets when the new financial system is established. 

Perhaps your money in the bank will be carried over.  Perhaps it will be devalued.  Perhaps it will disappear.  Gold solves that problem and will store wealth no matter what happens.  But you certainly don't trade it for a tin of beans.  It has far more value when everything settles down and people have food in their cupboards again.  If anything, silver is better for bartering.  In reality things like lighters, bin bags and alcohol are what people will be in need of, and these are more appropriate things to keep in stock if all the shops are shut for a prolonged period.


I do agree that if society collapses most people (myself included) are screwed.  But you can give yourself a a better chance by preparing.

Like I said, people take too much for granted.  Things that just happen now are predicated on vast and hugely complex global organisational and physical networks.   Assume the world's currencies and financial systems collapse and the banks all go bust.  Your savings are the least of your problems.  A far bigger problem is the effect on companies and on movement of cash around the world

The following morning following the collapse will you go into work?  Why?  You won't be paid.  Your employer wont have any cash and wont have any mechanism to give it to you.  In any case you would probably want to stay at home guarding your gold and food stores,  The same will apply to those people who run the essential, and non essential services.  So no electricity, no communications etc etc except perhaps those run by the military if discipline can be maintained. There arent any imports so if some vital part breaks you wont be able to replace it from halfway across the world.

Somehow the world's leaders get together, assuming they have any power.  How do they agree the New Order?  If there is a new global currency I guess it would be called the Yuan.

How is it implemented?  The computer systems running finances across the world are tied into the existing currencies and the existing financial networks.  For example money transfer, loans, insurance, taxes, payroll, pensions  etc etc.  You, at best, are talking about a major rewrite, more likely a total redesign from scratch.  There arent the staff to do that.  Before that work started you would need international agreement on interfaces and then the technical specification.  But there arent the staff nor the organisation to do that either.  Suppose we do get that far then there's the nuts and bolts - all the companies who would do the work have collapsed in the meantime.  The infrastructure wont exist to create new ones.

So it could easily be decades of chaos before a new financial system could be fully implemented.  I hope you have a large food cupboard.

I think the new financial system has already been put together.  That's why they are purposely running this one into the ground.  It's all in place.  What isn't in place yet are the CBDCs.  That will hold things up.  However, the collapse may happen sooner than they planned with Evergrande due to default on 24 October.

How can I have been so blind!!!!

It's obvious, there is a global network, that only the global elite know about.  Everything is in place for that to kick in.  It just needs the flip of a switch.  There's also a hidden global network for food deliveries, fixtures and fittings, etc. because the global elite don't want a minor inconvenience like the collapse of the world to get in the way of their lifestyles.  Also, there is a global mass of workers for people who know about this hidden world, but are happy to do all the work for the global elite, because that will mean they get preferential treatment in 'the new world order'.  After all, they don't want to do all those menial tasks themselves do they.

And the global elite, who already have all the power and the capability to set all this up without any of the stupid masses knowing about it, and can run their lives as they wish and do absolutely anything they want to, want to change their current set up to a new world order because...

Ah.  No I am still one of the stupid masses apparently, because I don't see it.

tebbins

The best perk about being a sheeple is my wool keeps me warm in winter.