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Next financial crisis 'has begun and will be worse than 2008 crash,' economists warn

  1. #21
    -SpectraL coward [the spuriously bluish-lilac bushman]
    Originally posted by HTS This sounds great. I don't understand why you people hate the future so much. Credit chips embedded in your hand, no physical money. No borders. One world, with one government for all of humanity. It'll be a utopia. What are you so afraid of?

    It's because it's a fake Utopia. A fraud. It's a counterfeit of the real thing. You know how Luciferians turn the cross upside down and why they do it? This is Satan's version of a global paradise, not God's, and that's why we should rightly fear it. There WILL be a one-world paradise utopia of peace and security one day soon, but this version is not it. The Father of the Lie.
  2. #22
    Ajax African Astronaut [rumor the placative aphakia]
    What do you think about the yield curve flattening? Still a good economic indicator?
  3. #23
    Bologna Nacho African Astronaut
    We tried a one world government before at the tower of Babel

    It's not going to happen
  4. #24
    infinityshock Black Hole
    Originally posted by apt https://web.archive.org/web/20180915174049/https://news.sky.com/story/next-financial-crisis-has-begun-and-will-be-worse-than-2008-crash-economists-warn-11497433

    i read that horseshit. its horseshit. pure fantasy.

    interest rates are supposed to be at 2% to 4%. the rates theyre at now are unnatural and unsustainable.

    for them to reference the interest rates in turkey and argentina is a desperate ploy at fearmongering. they might as well have mentioned rhodesia and its elevendy billion percent interest rate. fucking turkey was (is) manipulating their economy in a way they thought would duplicate the US 'quantitative easing' to fix their economic shit-show...but theyre some stupid fucking a-rabs and have no idea what the subtle underlying principles of QE are.

    too much politics and not enough economics
  5. #25
    infinityshock Black Hole
    Originally posted by AngryOnion Don't put cash in the safe,my house got robbed a few years back and they yanked that thing right out of the floor and stole 6k in cash 2500 in coins and 3k in silver bars.
    You gota hide shit make it like an Easter egg hunt.
    They also took my passport and vehicle titles,what a shit show.
    Don't keep all your shit in one spot you will get fucked if you do.

    i know someone who had a 16"x16" safe in their closet, locked with a padlock, and fillet with pennies.

    and a rigged shotgun-type assembly so if the door opened it fired a .50BMG primer into 4ounces of the fastest burn-rate smokeless powder with aluminum powder added, topped with about a pound of hardened steel shrapnel.
  6. #26
    infinityshock Black Hole
    Originally posted by HTS Asking the important questions. I like it.





    Y-you don't know that. Earth will be united. So please… stop fighting it. I guarantee there were people like you at every stage of progress: people who complained about settling down in villages, people who thought city states were a terrible idea because there were too many people from too many different tribes, people who thought nation states were going to be the downfall of humanity because the people of the nation had nothing in common with the people of the city… just… stop resisting and let humanity flourish like it has EVERY time we expanded the ideal of our borders.

    you try to hard to get people to not like you.
  7. #27
    HTS highlight reel
    Originally posted by Bologna Nacho We tried a one world government before at the tower of Babel

    It's not going to happen

    >at the tower of babel



    It'll go better this time. Promise. That happened before Christ redeemed us. The tower of Babel was destroyed because it reminded God of Adam's hubris in the Garden, which we hadn't been absolved of until Jesus sacrificed himself.
  8. #28
    infinityshock Black Hole
    Originally posted by HTS >at the tower of babel



    It'll go better this time. Promise. That happened before Christ redeemed us. The tower of Babel was destroyed because it reminded God of Adam's hubris in the Garden, which we hadn't been absolved of until Jesus sacrificed himself.

    there is no god
  9. #29
    HTS highlight reel
    Originally posted by infinityshock there is no god

    I don't know if there is or not, but what I said sounded right anyway. *shrug*
  10. #30
    infinityshock Black Hole
    Originally posted by HTS I don't know if there is or not, but what I said sounded right anyway. *shrug*

    obviously
  11. #31
    -SpectraL coward [the spuriously bluish-lilac bushman]
    Originally posted by HTS I don't know if there is or not, but what I said sounded right anyway. *shrug*

    No, you're right. They boasted and tried to fly in the face of God, basically saying that they too could occupy the heavens, just like God. There was also the concern that the technological timeline was moving much too rapidly, so the languages were confused to slow them down.
  12. #32
    Originally posted by MORALLY SUPERIOR BEING 2.0 - The GMO Reckoning During the last recession I noted that we bailed out the banks (and increased the national debt, since the bailout was just moving bank debt to the government's balance sheet) around much as the value of all the agricultural land in the country put together.

    all bank debts are government debts to begin with.
  13. #33
    infinityshock Black Hole
    Originally posted by s­oybitch 2.0 - The CUM swallowing During the last recession I noted that we bailed out the banks (and increased the national debt, since the bailout was just moving bank debt to the government's balance sheet) around much as the value of all the agricultural land in the country put together.

    thats what happens for pointing it out

    lanny...youre an idiot
  14. #34
    Sudo Black Hole [my hereto riemannian peach]
    Hmmm interesting but I don't think it's going to happen like that. It was pretty much just a woman's opinion plus the a guy from the Lehman brothers trying to minimize his own fuckups.

    Global debt can be traded and sold. Yes, China has been trying to cut down on it's debt and trying to figure out what to do with other countries debts it owns but there are controls in place. There are more regulations in place now against fractional reserve banking and asset free zombie banks.

    Global debt CAN spiral and cause capital flight and other bad things that can have ripple effects. Fortunately every country has a vested interest in their own economy working and unless they're a retarded nationalist they recognize the need for some interdependence. The dollar will still be the preferred reserve currency and unless inflation (and interest rates) get out of control it will still retain value.

    Right now there are countries with retarded interest rates and skyrocketing debt like turkey and Russia, however they ride it out and have partners they can count on. If a country is fucked they can get "economically assassinated" which will put them in a hole but still allow their institutions to function. The IMF is literally in the business of giving countries debt and jacking up their interest rates and their victims survive by diversifying and liberalizing their economies.

    But really though, it all comes down to faith in bonds. There are some long term bonds that are saving countries and as long as people buy them when interest rates are high (including foreign investors, likely yellow or named heimie) it will offset some of the damage. It really is a possibility I shouldn't have dismissed it so quickly, I just think there will need to be way more to it, that's kind of a predictable, uncreative way to collapse. Maybe the pound loses all it's value after brexit and everyone dumps the pound as the London exchange tanks. It won't happen but there needs to be a big unforseen triggered event that sets off a crisis and spiked interest rates for this to happen in my mind
  15. #35
    HTS highlight reel
    Originally posted by infinityshock you try to hard to get people to not like you.

    It's a defense mechanism. Just like what you do. People just naturally tend to not like me, so I do things to make them not like me so I can at least convince myself that it's my choice to be alone and unliked. 😢

    But I wasn't doing that this time. Pinky promise. I actually want this. I need this. I genuinely believe it's humanity's only way forward. To the stars.
  16. #36
    Originally posted by Sudo But really though, it all comes down to faith in bonds. There are some long term bonds that are saving countries and as long as people buy them when interest rates are high (including foreign investors, likely yellow or named heimie) it wi

    bond is just another way of saying government debts. yes ?
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