It's all over. It's not happening, it already happened. You all just don't realize it yet because you're still stuck inside your homes over the flu. Just wait until you try to go back to work and find nothing to go back to.
You people don't even realize what's coming
The challenge is to simplify what’s happening so that the average American with a 9th grade reading comprehension can understand it.
During the last 30 years, we were basically living on our credit cards: shipping off our industry abroad and then using our debt-based money to pay others to do the work and sell us their stuff. At home, we built a system that imports everything from abroad or are service jobs like restaurants. This created a fragile prosperity that depended on always going further in debt and always having foreign countries accept our money.
The system overcame the 2008 crisis, which was due to a small portion of people not paying their mortgages, which set off a domino fall in everything. This occurred because people saw their houses as worth less money and stopped spending while banks saw losses on their loan collateral and stopped lending. The solution was to print enough money and buy up everything that was falling in value so people would spend and banks would lend again. It worked well because the 2008 problem required a solution that this system can easily provide.
This time is different. Now dollars are being printed at increasing rates, but less stuff is being made. The stuff that was made before the flu hysteria is being bought. More dollars are chasing less stuff. This means the value of the dollar is diluted. However, it doesn’t have an immediate effect because many newly printed dollars are just sitting in bank accounts and we still have stuff to sell in warehouses. Lots of companies and individuals have debts that must be paid in dollars, so there’s a demand for them despite all the printing. Also, prices are sticky because everyone expects a return to normalcy and people still expect to pay a certain amount for a certain thing. Later they’ll react when the stuff gets hard to find, and the only people still selling it are “price gouging”.
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For these reasons, the dollar’s fall won’t be immediate and the dollar could even rise in value before plummeting.
This system was not designed for self-sufficiency. There aren’t small farms for everyone to return to like in the 1930s. The State must keep printing dollars to support people or there will be mass-disorder. However by printing dollars and showing weakness, they’re demonstrating to our overseas trading partners that they can just keep their stuff for themselves rather than sell it to us. A country this scared of losing a few old people isn’t going to risk nuclear war to force others to keep supplying us. As these foreign countries see the dollar losing value, they’ll unload their dollars as well, creating an avalanche.
At this point the dollar system will confront a crossroads: the Fed will have to offer dollar credit lines to all businesses in all the world, and all foreign political and business authorities will have to bow down to the US and become modern slaves or the dollar system will fragment and the purchasing power of it will collapse. The American empire will experience a loss of power faster and greater than the fall of the USSR and with much more human suffering.
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Normies took the virus bait and made walmart trillions of dollars within 20 days they made more money then the entire EU combined
that's the problem with " you people"
the 'you people' never listen to the 'why aren't they all me' Guy
Won't mean much when the dollar crashes.
Well, I'm making moves to get ready for when it all comes down later this year.
Are you?
Nice!
>At this point the dollar system will confront a crossroads:
are you aware of the 19 year Metonic cycle?
Wroooong
An economy this size with 350 million people may go through some readjustment periods but they won’t kay down and die.
What is going to happen is we will continue to do what we’ve been doing is enrich the elite by making things everywhere else for cheap but pay well in Rials, and bring it back here and force American citizens to pay more for the same products than any where else in the world.
Or we will slip into Democratic socialism leading to Anarchy, then a dictator, or we will start a world war.
I see a North American Union starting up soon.
Shengen and Amero and all that good stuff.
I'm ready user, many of us are prepared and have been preparing for years.
What moves are you making?
>working everyday of quarantine
>all a company had to do to be labeled "essential" was give something to the state
MUH DOLLAR
MUH ECONOMY
who gives a shit boomer.
same here bro, all I got in bonus since then is a $50 card for a fancy grocery, sold it 1:1
Adults here do
But is this even his final form?
You dumb nigger don't realize that it hasn't even begun.
>cyber-GULAG built in every country of the world according to the exact same scenario using the exact same technologies
>normies still think it's a pure coincidence and there's no conspiracy
I am 23 years old. This is not about stonks and line go up line go down.
We are talking about a situation in which 50% unemployment is an optimistic prediciton. We are talking about no jobs, no food, no security. All industry moved to the rest of the world and a currency so worthless that the countries we've outsourced to won't sell us shit anymore.
I will agree that, in theory, the collapse of the American beast is a 'good' thing, but it doesn't change the fact that billions will die by the time we reach that point. Wax poetically, but ask yourself, do you really think you'll be one to survive?
exactly
Or... and hear me out. You're that guy that thinks the end is around the corner in 2 years or less and then nothing happens.
NOOOO NOT THE HECKIN DOLLARINOS
This will be over in under 2 months and unemployment won't even approach 15% after another 2 months. Your strong desire for the end of the world is impressive, but it isn't going down the way you think. 2-3 generations left to go before intense destabilization begins. There is still time, but little in the grand scheme.
I sure hope so pal. I really do. Thing is, we knew something like this was coming sooner or later. Hard to deny the economic reality.
And guess what? Say I'm wrong and we somehow limp along in a crippled economy and avoid a balkanization scenario: you're going to be drafted in a war with China. Check the headlines; there's already a steady beat to the drums of war there.
When we emerge to a broken economy and a virtually nonexistent death-count to this hoax flu, what better way to get the country back on its feet than a nice war effort? A nation's youth lost, a nuke or two, and then we are back on our feet. It worked with WW2 right?
I'd love to sit back and smirk and delude myself into thinking we are just going into another 2008 crisis, or even a Great Depression, or even an Adjustment Day balance of power. But that's not happening. It's going to be much, much worse.
I’ve been working through this entire fiasco, and so have a lot of other people, even the Mc wagies got to keep their Mc careers.
Why are you so convinced we still have 2-3 generations? The demographic countdown? Buddy, your 'race war' is just around the corner. It's going to be you and your family starving while POC gangs roam your suburban neighborhood looting houses.
Everyone is still locked in their home. We haven't seen how far the dollar has fallen, nor how pathetically our world governments will cope to recover what once was. It's a Brave New World now.
>everyone
As I sit in a Tim hortons parking lot surrounded by people..
>shipping off our industry abroad and then using our debt-based money to pay others to do the work and sell us their stuff. At home, we built a system that imports everything from abroad
Everything, except the military industrial complex.
Funny thing is nobody talks about it, but it's really the corner stone of the """integration""" into the (((international community))) and the line that separates proper good goy states from dictatorships - you must brake the production lines of your military industrial complex so that it is not self-sufficient and cannot function in the state of total embargo. All of the western manufacturers, all those eurofighers, leopards, gripens and all that crap is being assembled from parts imported from elsewhere. Not a single "democratic" country in the world can build shit on its own.
The only countries who can are US, China, Iran and NK. Russia can build some, but not everything as they only started to rebuild MIC to be fully self-sufficient around 2014.
Playing dense are we?
This