Financial topics

Investments, gold, currencies, surviving after a financial meltdown
John
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Location: Cambridge, MA USA
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Re: Financial topics

Post by John »

** 03-Apr-2021 World View: Worse than Great Depression
John wrote:
Sat Apr 03, 2021 6:46 pm
> I was aware of this pattern in the mid-2000s, and I absolutely
> expected the 2008 financial crisis to lead to a 1929-style panic
> and crash. The thing that was completely unexpected was the huge
> influx of quantitative easing, whose purpose was to prevent such a
> crash. It was highly successful, but it didn't solve the core
> problems, and now the quantitative easing has created a monstrous
> situation that is much worse than 1929.
tim wrote:
Sat Apr 03, 2021 10:42 pm
> Interesting you say this now John.

> I remember years back when you said there was no reason to believe
> the coming financial crisis would be any worse then the Great
> Depression.
That's really the same thing that I was saying. In 2008, I was
expecting a 1929-style panic and crash, and I had no reason to believe
that it would lead to anything significantly worse than the Great
Depression.

But that's all out the window now. After thirteen years of massive
quantitative easing and money printing by the Fed and other central
banks, the coming financial crisis will be immeasureably worse than
the Great Depression.

You know, it's impossible to overstate the size of the insanity
in Washington today. The Democrats want to "go big" with this
monstrous so-called "infrastructure biil." It's a total delusional
fantasy. There's no way all that crap is going to be implemented.
In the meantime, the Democrats have left the border open, and we
have hundreds of thousands of illegal immigrants pouring into the
country, including small children being thrown over the border wall.

I feel sorry for you guys. At my Methuselean age, I'm not going to be
around to see how this mess unravels (at least I hope I won't). But
most of you guys are going to be unlucky enough to see what happens.
I feel bad for you. As Higgie once described it, the living will envy
the dead.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Zechariah 12:3
in the future
https://www.youtube.com/watch?v=a-mtGi3GVjc
and yes we are rather decent at maff also

They'll come for their own first.
Brett Weinstein at Evergreen College was merely a foreshadowing of what's to come.

Then the prairie fire.... under way.

https://usawatchdog.com/globalists-are- ... ve-quayle/

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »


aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

30 Day Stupidity Trend
pegged

bob bish bumper crop ongoing with bib takeover ongoing
Final March Totals (vs 2020)
Shot & Killed: 47 (+88%)
Shot & Wounded: 256 (+59%)
Total Shot: 303 (+61%)
Total Homicides: 50 (+56%)

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Vision #275 April 2/21 (Good Friday)
https://444prophecynews.com/biden-in-a- ... ne-reimer/
The senate was told as was the prophet. I took the time. I cannot account for others.
Ezekiel 36:26


aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Lazar Kaganovich was to Stalin as Albert Speer was to Hitler.
They are not resting well.

The Wolf of the Kremlin, written by Stuart Kahan.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

https://ascensionglossary.com/images/c/ ... cation.jpg

Recency bias is a cognitive bias that favors recent events over historic ones.

21% of all USD was printed in 2020.

1% of income earners in the U.S. have a state effective tax rate of 7.4%.
The middle 60% of U.S. workers have a state effective tax rate of around 10%.
The bottom 20% of income earners which Visual Capitalist incorrectly labels “poorest Americans”
wealth and income are not the same thing have a state effective tax rate of 11.4%. roth

https://www.visualcapitalist.com/a-visu ... n-emotion/

https://www.youtube.com/watch?v=2X_2IdybTV0

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Two things that are simply not gonna happen in this neck of the woods... Take the jab.. Or buy lumber at current prices.

https://www.youtube.com/watch?v=OZXhh18R-tI

I live right down the road from a very large pressure treating plant. Their stockyards are packed 60 feet high and the drying yards are the same. There is more wood now than I have seen in 20 years.


We seen this before guys. Meanwhile small projects are still ongoing for those swinging a damn Hammer for Hire.
They been sold out on projects and they started early this year already. Locally is key word for now.

Build material is 48 hour spot price to project scope.
If your builder skanks short on total material as cost basis they cannot eat the margin increase and you will be hosed as delays
and walk always. Grow up supply the material you need and hire a non idiot.

aeden
Posts: 12353
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »


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