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Author Topic: I don't see the economic collapse anywhere  (Read 1675 times)

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Offline AMDGJMJ

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Re: I don't see the economic collapse anywhere
« Reply #15 on: December 06, 2022, 06:15:34 AM »
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  • Some great posts and thoughts here by everyone.  Thank you! :cowboy:
    "Jesus, Meek and Humble of Heart, make my heart like unto Thine!"

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    Offline B from A

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    Re: I don't see the economic collapse anywhere
    « Reply #16 on: December 06, 2022, 07:36:47 AM »
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  • Some great posts and thoughts here by everyone.  Thank you! :cowboy:

    I agree.  This is an interesting thread.  :popcorn:


    Offline Matthew

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    Re: I don't see the economic collapse anywhere
    « Reply #17 on: December 06, 2022, 09:12:14 AM »
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  • It's simple, really.

    Any bad thing "doom and gloomers" predict is dependent on the will of one or more Bad Guys, and none of us has access to their secret meetings (Unless you are a high-ranking member of the WEF or similar) So there's always the question of "WILL this happen", will they go forward with it, will they succeed even if they decide to go forward with it, and WHEN will they implement this dastardly plan.

    EXCEPT FOR ONE DOOM & GLOOM PREDICTION: a collapse of a fiat currency system like ours. That only requires mathematics, not infiltration of the Illuminati or WEF. Some laws like "What goes up, must come down" can't be broken. We can look at the history of fiat currencies over the past 200 years for example.

    Those who've studied the issue know, for example, that if the "National Debt" could be paid back, there wouldn't be a dollar of currency left in circulation. Not physical or digital, not in the hands of the rich OR the poor. Every dollar is brought into being by an act of debt. Let's just say it makes sense that each president has to go into debt twice as much as the president before him -- that's how an exponential rise works. It's not a question of fiscal responsibility, political promises, or any of that -- they have no choice.

    WHY does it have to keep going up? Because they have to borrow enough to pay back previous loans, PLUS the interest. The interest is the secret ingredient. When the Gov't borrows 1 trillion, they only get 1 trillion from the Fed. Not the extra 100 billion it takes to pay interest on it every year thereafter. If you plot that out on a graph, it is NOT linear. It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.

    P.S. That is one of the curses of the human condition: an inability to grasp the Exponential Function. If you pictured a graph of a 10% rise (compounded) every year, 99.9% of people would picture something linear, a.k.a. a straight line. But that is not true! It would actually look like a curve, with a parabolic spike at the end.
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    Offline dxcat40

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    Re: I don't see the economic collapse anywhere
    « Reply #18 on: December 06, 2022, 09:17:12 AM »
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  • It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.
    I think we all understand fiat currency. Do you believe that TPTB are running scared and will lose control following an economic collapse? That's the narrative of the Alt-Right and your post sounds something like this, but it's missing some details.

    Offline Matthew

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    Re: I don't see the economic collapse anywhere
    « Reply #19 on: December 06, 2022, 09:29:42 AM »
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  • Do you believe that TPTB are running scared and will lose control following an economic collapse? That's the narrative of the Alt-Right

    No way they'd lose control over an event so fundamental and unavoidable.
    That's why they're talking about a "Great Reset". They know what's coming. They know how many years/months this system has left. They're already getting ready, positioning themselves to stay on top after the Great Reset which they want to bring about, rather than an uncontrolled collapse -- which is what would happen if they stood around and did nothing.

    I don't know what "Alt Right" you're talking about, but it's probably guys -- grifters -- I couldn't care less about. I don't do the two-party politics thing anymore.
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    Offline dxcat40

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    Re: I don't see the economic collapse anywhere
    « Reply #20 on: December 06, 2022, 09:33:36 AM »
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  • They're already getting ready, positioning themselves to stay on top after the Great Reset which they want to bring about, rather than an uncontrolled collapse ...
    Understood. I just wanted to confirm. :thumbsup:

    Offline Drolo

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    Re: I don't see the economic collapse anywhere
    « Reply #21 on: December 06, 2022, 01:54:40 PM »
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  • It's simmering under the surface, as the numbers indicate the consumers are depleting their savings and building up credit card debt.  People get addicted to their "lifestyles" and will not let go of them until they run out of savings and credit.  But savings rates are going down fairly dramatically while credit usage is going up.

    And it's the same way that governments have sustained themselves.  They just keep "printing" money.  United States is well over 31.4 trillion dollars in debt.  That's over $90,000 dollars per individual in the US (not just tax payers, but every individual).  So I, my wife, and my 6 children ... we're on the hook for $720,000.  For those in Europe who don't have a sense for the $ rate, in many/most parts of the country here, that's enough to purchase TWO very decent 4-bedroom 2-bathroom homes in a decent neighborhood.  Now multiply that across the country.

    https://www.usdebtclock.org/

    But that $31.4 trillion debt is only a very tiny piece of the picture.  In addition to this formal > 31.4 trillion in debt, the United States is also on the hook for nearly SIX times that in "unfunded liabilities".  Social Security, Medicare, etc. were set up a ponzi schemes, and as the baby boomer generation refused to have enough children to sustain the ponzi scheme, these "unfunded liabilities" will very soon catch up to us.  I've been paying more money in Social Security taxes each year than to federal income tax, and I'm certain that I'll never see a single dime of that money.  I'm 54.  55 used to be retirement age.  Now, you can't retire and begin collecting your Social Security until at least 62.  But if you start at 62, you'll get only a small percentage of the payment.  You have to wait until you're 67 to begin collecting the full payment.  They keep pushing "full retirement" back so that they hope more and more people will simply die before being able to collect any money, and those who do make it would collect much less.  One theory about COVID is that they deliberately wanted to kill off some of the elderly to sustain this obscene debt bubble.  But at some point it won't be enough, and that'll open the door to euthanasia.  So, many of those who refused to have children will end up euthanized themselves.

    So, if you add in these "unfunded liabilities" (shown at the bottom of the debt clock above), every US citizen owes about $618,000 .. which translates into nearly 5 million dollars for my family of 8, enough to buy nearly 2 nice homes PER PERSON in my family.  So each US citizen is on the hook, so to speak, for enough money to buy two decent 4-bedroom 2-bath homes.

    They can keep kicking the can down the road for a while by producing more "printed" money, as long as all the nations are in on the scam.  But at some point, typically understood as when the US will no longer be able to pay even the INTEREST on this debt, it will collapse ... and will collapse violently.

    When it does, we'll have the "great reset," where individuals will not own private property, etc. ... per Klaus Rothschild-Schwab.  It's estimated, BTW, that the Rothschild family hold untold trillions in wealth (500 trillion by many estimates).  I won't go into how they accuмulated all that wealth, but if you were to have invested $10,000 when the Rothschilds got their start about 300 years ago, at a mere 5% interest (usury), adding NOTHING to the principle besides compounded interest, that $10,000 would be 22.5 billion dollars.  But of course they also have been collecting much more than an average of 5%, and have been "investing" (i.e. buying up, scamming, and stealing) for those 300 years as well.

    While I bet that these numbers are orders of magnitude on the low side, the projection is that by 2050, half of US tax revenue will be spent on servicing the interest on the national debt, more than the US spends on defense, or more than it spends on education, infrastructure, and R&D combined.  BUT that number does NOT factor in the unfunded liabilities, which, as I pointed out are 6 times the amount of the national debt.

    They're setting us up for The Great Rosthschildian Reset.  It's really just a question of WHEN they want to collapse everything.  Those predictions of collapse are based on normal economic dynamics, not taking into account the fact that the Globalist Jєω Luciferians who run the world can play the game as long as they want to.  So it's just a question of how long they want to stretch it out.

    So, my opinion is that, their window of control, the 75 (in some estimates 100) years referred to in the vision seen by Pope Leo XIIII runs out around 2033.
    Yes, what you and Dxcat40 say makes sense. The public debt keeps the scam until they want to fully implement the 2030 Agenda.

    Offline Drolo

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    Re: I don't see the economic collapse anywhere
    « Reply #22 on: December 06, 2022, 02:22:17 PM »
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  • It's simple, really.

    Any bad thing "doom and gloomers" predict is dependent on the will of one or more Bad Guys, and none of us has access to their secret meetings (Unless you are a high-ranking member of the WEF or similar) So there's always the question of "WILL this happen", will they go forward with it, will they succeed even if they decide to go forward with it, and WHEN will they implement this dastardly plan.

    EXCEPT FOR ONE DOOM & GLOOM PREDICTION: a collapse of a fiat currency system like ours. That only requires mathematics, not infiltration of the Illuminati or WEF. Some laws like "What goes up, must come down" can't be broken. We can look at the history of fiat currencies over the past 200 years for example.

    Those who've studied the issue know, for example, that if the "National Debt" could be paid back, there wouldn't be a dollar of currency left in circulation. Not physical or digital, not in the hands of the rich OR the poor. Every dollar is brought into being by an act of debt. Let's just say it makes sense that each president has to go into debt twice as much as the president before him -- that's how an exponential rise works. It's not a question of fiscal responsibility, political promises, or any of that -- they have no choice.

    WHY does it have to keep going up? Because they have to borrow enough to pay back previous loans, PLUS the interest. The interest is the secret ingredient. When the Gov't borrows 1 trillion, they only get 1 trillion from the Fed. Not the extra 100 billion it takes to pay interest on it every year thereafter. If you plot that out on a graph, it is NOT linear. It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.

    P.S. That is one of the curses of the human condition: an inability to grasp the Exponential Function. If you pictured a graph of a 10% rise (compounded) every year, 99.9% of people would picture something linear, a.k.a. a straight line. But that is not true! It would actually look like a curve, with a parabolic spike at the end.
    Yes, I know what an exponential function is and the formula for compound interest.

    A=P(1+r/n)^n

    If n is lower than 1 year, A is less than with simple interest. If n is 1 year is equal. If n is higher than one year A is higher, and being raised to a power, the higher n is, the crazier it gets. 2^2 is 4. But 2^20 is 1048576. 2^200 is astronomical.

    Yes, I agree that the debt is unpayable

    But even with Spain having a public debt of more than 100% of GDP and with inflation of everything but not increasing salaries, nothing happens.  I understand that it's from what yuu three (You, Ladislaus and Dxcat40) said.