Financial topics

Investments, gold, currencies, surviving after a financial meltdown
Higgenbotham
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Re: Financial topics

Post by Higgenbotham »

What the Settling of Old Scores May Look Like During the Coming Breakdown
From The Phoenix Principle and The Coming Dark Age by Marc Widdowson, 2001
Marc Widdowson wrote:The western nations have spread an enormous amount of bad blood around the world in the present era, interfering everywhere and imposing their values with a degree of insensitivity that future historians will truly wonder at. The dark age may see the opportunity for old scores to be settled and to be paid back not once but three times over, as centuries of resentment are relieved in a few intense years. When the plunderers arrive, they will head first for the big cities, where the pickings are richest and thickest on the ground. They will be looking for everything from petrol to slaves and precious metals. Unplanned migration is already a problem in the west. The number of people seeking political asylum has increased dramatically in the last few years. Between a third and a half have their applications refused, but in Britain that still means thousands being admitted every year.2890 In an increasingly disordered world, one might expect that the proportion of admissions should rise, since claims of fleeing oppression will seem increasingly just. Besides which, large numbers of asylum seekers lose patience with the bureaucratic process and go underground as illegal immigrants. In Britain, at least 60,000 have thus evaded the authorities in the past decade. Smuggling third worlders into the rich countries is now a multibillion, dollar criminal business.2891 Fishing vessels carry them across the Mediterranean and truckers speed them overland.2892 Bangladeshis, Iraqis and Indians were recently found to be riding in to Britain on freight trains going through the Channel tunnel.2893 New laws, tougher rules and more vigilant border controls may slow this tide, but they will not halt it. The would-be immigrants are extraordinarily determined. Five Ukrainian men were recently intercepted trying to row across the English Channel in a child’s inflatable dinghy.2894 Today, third worlders come surreptitiously rather than bearing down on the rich countries in their hordes because they perceive that the latter, who not so long ago directly ruled the third world, are well able to defend themselves. Today, they are probably correct. However, with every decade, the reality is changing and so eventually will the perception. In Sierra Leone’s recent civil war, teenage soldiers, both girls and boys, were required to eat the organs and drink the blood of their victims as a military initiation rite.2895 By contrast, trainees at Britain’s school of naval gunnery were being asked to shout ‘bang’ rather than fire real ammunition, in a bid to contain costs.2896 It is increasingly doubtful whether these western youths, whose only taste of violence is in computer games, will really be any match for the blooddrinking, machete-wielding Africans in a serious, face-to-face fight. The Sierra Leone teenagers conduct military actions that they call Operation No Living Thing and Operation Pay Yourself (i.e. looting). How long can it be before they start bringing these ‘operations’ to feebler and far more lucrative Europe? Although they are seldom in western thoughts, today’s underprivileged peoples are well informed of the richness of northern lands, of the vulnerabilities of those lands, and of the existence of others dissatisfied like themselves. They are fully engaged in the world and they show an astute understanding of how to operate within it. Ugandan conmen posing as underprivileged schoolchildren were recently found to be raking it in with begging letters sent to prominent Britons.2897 Other scams have originated in Nigeria. In 1999, refugees in Tanzania were rioting because fleeing Kosovans seemed to be receiving better rations than they were.2898 Clearly these people know exactly what is going on elsewhere – and they are not happy about it. In August 1998, Moroccan and Tunisian asylum seekers who were being held on the Italian island of Lampedusa destroyed their detention centre in a night-long orgy of violence. For fifteen days they had watched through barbed wire fencing as western tourists sunned themselves on a nearby beach, laughing and joking, enjoying good food and copious quantities of wine and beer. Eventually they could take no more and, with temperatures touching 40 degrees, erupted in a spasm of riot and arson.2899 This is a microcosm and a warning of what the future holds in a world where large numbers of hungry, brutalised, third world youths are daily being televised the image of fat, spoilt white people living it up at a party from which they have been thoroughly excluded. The west’s present insouciance may be thought breathtaking. The neo-barbarian invaders of 2050 will leave little clear record of their activity, for they will destroy as they go. Future archaeologists will have to guess at the horrors that might have occurred. They will have to judge from the rubble, the signs of burning, the apparent changes in racial mix of local populations, and the abrupt silencing of a once articulate and exuberant civilisation.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Higgenbotham
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Re: Financial topics

Post by Higgenbotham »

The scramble to acquire weapons comes amid an indisputable nationwide spike in migrant-driven crime, including rapes of German women and girls on a shocking scale, as well as physical assaults, stabbings, home invasions, robberies and burglaries — in cities and towns throughout the country.

German authorities, however, are going to great lengths to argue that the German citizenry's sudden interest in self-defense has nothing whatsoever to do with mass migration into the country, despite ample evidence to the contrary.

The spike in violent crimes committed by migrants has been corroborated by a leaked confidential police report, which reveals that a record-breaking 38,000 asylum seekers were accused of committing crimes in the country in 2014. Analysts believe this figure — which works out to more than 100 crimes a day — is only a fragment: many crimes are not reported.
http://www.gatestoneinstitute.org/7088/germany-weapons

I've read from many sources that anarchy is spreading across Europe.

http://www.nowtheendbegins.com/muslim-m ... n-gardens/

etc.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
aedens
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Re: Financial topics

Post by aedens »

http://www.veteranstoday.com/2015/12/24 ... om-ramadi/

unconfimed debaucherys

I heard they expect merkel finished and over 5 million as unto as like hordes laying waste to the region a few months ago.

In italia a guy was butchered as his wife jumped from a second story window instead of being slaughtered from a home invasion.

Like we noted the socialist are insane over in that region just as they are here. Firearms are sold out in some area but I have not confirmed
with other links yet. As we seen in Sweden the violence is unreported and the locals see a failed state out side there front door.
vincecate
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Re: Financial topics

Post by vincecate »

If you have seen the new Star Wars I think you can agree with this:
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vincecate
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Re: Financial topics

Post by vincecate »

Higgenbotham wrote: Also, I overestimated the intelligence of the ruling class at one point. They are gunning for full blown dark age style collapse and have succeeded.
"Never attribute to malice that which is adequately explained by stupidity."

https://en.wikipedia.org/wiki/Hanlon%27s_razor

I am sure they don't get it. I think my explanations for hyperinflation are clear as day but very few people get it. I took some bets at 2000 to 1 leverage against US dollar hyperinflation in the next 13 months this past week. I am not sure what the real odds are, but I am sure the chances are far higher than 1 in 2000. And really this is just a hedge so that if I win a bunch of dollars on my bets that the Yen will go down I can be sure to get some value out of my dollars. I am really betting that the price of gold in Yen goes up. Can still get 100 to 1 odds against hyperinflation in Japan, in this case I think the real odds are closer to 1 to 1. If people understood the betting odds would not be as they are. They don't understand. Assuming I am right. :-)

Actually, I don't even think it is stupidity. It is just not easy, even for smart humans, to see what is coming.

http://howfiatdies.blogspot.com/2014/08 ... ry-of.html
Higgenbotham
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Re: Financial topics

Post by Higgenbotham »

vincecate wrote:
Higgenbotham wrote: Also, I overestimated the intelligence of the ruling class at one point. They are gunning for full blown dark age style collapse and have succeeded.
"Never attribute to malice that which is adequately explained by stupidity."
What I really meant by that - I would use this analogy. The ruling class is driving through the fog in the dark. They are smart enough to have their bright lights on. They notice they can't see anything and talk about what to do. One of them says, hey, if we gun this thing by taking the accelerator to the floor we will get out of the fog faster. The rest of the passengers start to discuss the fact that the guy who suggested it has a PhD from MIT and studied fog, so this for sure must be the best course of action. The guy with the PhD from MIT pushes the accelerator to the floor and they hope for the best.

As far as the chances for hyperinflation, there is a very good chance for hyperinflation next year, in my opinion. This is because it will be realized, especially if oil prices sink toward $20, that oil production will shut down and the world economy will stop functioning. So they will push the accelerator to the floor and hope for the best.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
Higgenbotham
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Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

This is something we all see a lot, the idea that the ruling class knows what they are doing and has a plan. Sometimes I wonder where this comes from. It used to be people thought God had a plan but now not that many people go to church or study the Bible and they seem to be attributing God-like powers to humans instead. I think this is very dangerous. For one thing, it can make humans passive, allowing their leaders to do really stupid things because they are attributing God-like powers to humans. Putin seems to have a cult-like following on the Internet. It will only take me a few seconds to find evidence of this, so let me just copy the first thing I find: "80 Years Ago Edgar Cayce Predicted Putin’s Role in Stopping WW3". This comes up on the very first page of a search for "Putin World War 3". See? Putin single-handedly stopped World War 3! Wow! That's all the more remarkable knowing Putin is ex-KGB.

Another thing I've heard recently is that the people who run the large corporations can see far ahead, further than everyday people can see. Wow! I actually know of a guy who runs a Fortune 500 corporation who graduated in the same engineering class of 120 that I did. I don't remember him, but apparently he couldn't find a job upon graduation so got an MBA instead. He never scored the highest on any exams or I would have remembered him. I remember that Chevron came out and interviewed the top 3 people in the class for a summer internship and he wasn't one of the 3. But I guess when you live in a godless society, people you can't see and don't know become your Gods.

I was told the same thing about Trump. I was told that he is thinking so far ahead in his campaign that I can't imagine why he might be saying this thing or that thing today. It will only make sense when it is unveiled months down the road. Wow! Trump must know something we don't because he blurted out something about Muslims being deported. Wow! Maybe a major terrorist attack is coming right before the election and he knows it! Maybe he found a guy like Edgar Cayce who was able to predict it! Amazing!
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
John
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Re: Financial topics

Post by John »

The way I look at it is that people are scared to death at what's
going on. They listen to Obama and even supporters know that
everything he says is a lie. They listen to CNBC and they know that
it's all garbage. They feel that disaster is coming, and they grab
onto anything that can save them from disaster. This was already true
in 2008 when people voted for someone who would "change the world" on
January 21. It's even more true today, as people are even more
desperate.
vincecate
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Re: Financial topics

Post by vincecate »

John wrote:The way I look at it is that people are scared to death at what's
going on.
The people I talk to don't seem to think anything is going on.
Higgenbotham
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Re: Financial topics

Post by Higgenbotham »

vincecate wrote:
John wrote:The way I look at it is that people are scared to death at what's
going on.
The people I talk to don't seem to think anything is going on.
I think where people are at is they know there are problems. But for 40 years they have seen disaster scenario after disaster scenario not come to pass. Even when it seemed logical that it would come to pass.

I think people are scared of the small changes. Like they may lose some or all of their health insurance or their retirement. Or have to work until they are 70 instead of 62. Or if they are younger get stuck in a job that sucks, but does pay the bills. In other words, that the difficulties of the last 40 years may continue at about the same pace.

What I don't think most people see is what aedens summarized as a collapse occurs, "slowly at first then all at once." They see "all at once" as being out in the distant future. If for no other reason than those that have cried "wolf" or "fire" have been wrong for 40 years.

No pandemic occurred.
No nuclear war.
No hyperinflation that destroyed the dollar.
No fuel shortages or stoppages.
No cyber attack that took the Internet down.
No power grid failure or attack and no disruption of communications in general.
No military dictator takeover or civil war in any Western democracy.
No major disruption of transport of people or goods.

etc.

While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.

a, not many of us have a signature line but if I did this one would be considered.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
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