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Author Topic:   the destruction of the U.S. economy
llewsacm
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posted August 31, 2016 10:40 PM     Click Here to See the Profile for llewsacm     Edit/Delete Message   Reply w/Quote
US dollar is on the verge of being devalued due to the longest cover up in history with the fed reserve set to fail.

Some say we are bracing now for a shock to the American economy, similar to what happened in Greece. Where jobs loss will start and commodities with be the only value. Anyone with money in stock should pull out in anticipation of this shock and invest in goods that can be bartered vs sold based on u.s. Currency.

The u.s. Dollar will not hold any weight from what economists are predicting.

This is anticipated to happen just before the next election, based on historical reference. It may not occur until afterwards to blame the next president and put blame on that person's ineptness to run a country

I would appreciate feedback on this topic.

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Randall
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posted September 01, 2016 10:49 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
A reset is due, but I don't think it will happen.

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todd
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posted September 01, 2016 11:27 PM     Click Here to See the Profile for todd     Edit/Delete Message   Reply w/Quote
The Federal Reserve has been printing money with nothing to back it for years. This is called fiat money and has been proven over the years to lead to hyper inflation and economic collapse. Look at the Wiemar republic in Germany that lead to the rise of Hitler. The economy will crash, there is no other consequence.
Todd

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Randall
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posted September 02, 2016 01:31 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
But we haven't had runanaway inflation.

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todd
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posted September 02, 2016 01:59 PM     Click Here to See the Profile for todd     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
But we haven't had runanaway inflation.

you won't see runaway inflation until they stop creating fiat money.they will keep creating fiat money as long as other nations keep buying our debt.
but I do agree ,this time I don't think runaway inflsion will b a significant factor because he markets are going to crash suddenly and deeply.you can only have inflation when there is a function economy.
todd

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llewsacm
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posted September 02, 2016 03:03 PM     Click Here to See the Profile for llewsacm     Edit/Delete Message   Reply w/Quote
So it looks like week will go bad to the days of silver and gold.

I've heard the us mint has a limit on how many silver eagles one can buy per week due to demand.

I've never thought of myself as a prepper but my ways of thought are starting to change. I agree it will happen suddenly and by surprise. Looking at Uranus in future transits to get an idea but haven't pinpointed anything I feel really sure about.

The date Sept 27, 16 has been thrown around. I may check that chart to see when I have time this weekend.

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llewsacm
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posted September 03, 2016 01:21 PM     Click Here to See the Profile for llewsacm     Edit/Delete Message   Reply w/Quote

Venus/pluto midpoint conjunct Saturn and all square the node. Todd I know u are big on midpoints. Any thoughts?

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todd
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posted September 03, 2016 04:54 PM     Click Here to See the Profile for todd     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by llewsacm:

Venus/pluto midpoint conjunct Saturn and all square the node. Todd I know u are big on midpoints. Any thoughts?



If this is the moment

The cards will be turned over by the death of a queen..
Todd

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llewsacm
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posted September 04, 2016 10:28 AM     Click Here to See the Profile for llewsacm     Edit/Delete Message   Reply w/Quote
So cryptic...lol. I'm gonna take that literally and assume you mean the death of queen Elizabeth II, which would cause a dip in the market.

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Randall
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posted September 09, 2016 11:11 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
As we saw with the real estate crash, if the US economy falls, so does the world.

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todd
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posted September 09, 2016 09:31 PM     Click Here to See the Profile for todd     Edit/Delete Message   Reply w/Quote
Randall
The US economy drives the world economy .our economy is consumer driven. Official Policy for years is to eliminate jobs here for cheap labor in Timbuktu .so our economy must crash when the consumer class is tapped out... Like now.
Todd

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Randall
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posted September 10, 2016 04:14 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Trump will reverse that trend.

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llewsacm
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posted September 10, 2016 05:20 PM     Click Here to See the Profile for llewsacm     Edit/Delete Message   Reply w/Quote
Oh, not even Trump can save us now! But he's already uncovering the bs.

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SDragon
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posted September 10, 2016 06:43 PM     Click Here to See the Profile for SDragon     Edit/Delete Message   Reply w/Quote
US dollar won't fall until after the Euro. In a depression cash is king and right now US is still the go to currency whether it has backing or not. EU has more issues than the individual states of the US.

I see US hitting 120 on the index before ppl see that the US currency is same as all others and then running to precious metals. EU to crater in 2017, US down in 2019, Gold king in 2020.

Sorry for the cryptic writing. On tablet.

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Randall
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posted September 11, 2016 02:35 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
There's not enough gold to back the huge amount of currency needed in today's world.

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todd
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posted September 12, 2016 12:07 AM     Click Here to See the Profile for todd     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
There's not enough gold to back the huge amount of currency needed in today's world.

Your right Randall. All the precious metal contracts are over subscribed to. If all contracts we called in, the precious metal markets would implode.
It is insane and psychotic the way the Federal Reserve is creating fiat money.
Cash will be worthless because it is worthless now. There is nothing behind cash, it is simply a promissory note by fananciers who lied and crashed the world market in 2008

Todd

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Randall
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posted September 14, 2016 04:08 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Good point.

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Randall
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posted September 15, 2016 10:39 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Commodities markets.

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Randall
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posted September 16, 2016 01:05 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
A lot of people are unaware how commodities work.

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Faith
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posted October 07, 2016 10:17 PM     Click Here to See the Profile for Faith     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
There's not enough gold to back the huge amount of currency needed in today's world.

People just use all the fiat money to generate an economy largely based on creating and buying crap that no one actually needs, and it's wrecking the planet.

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Randall
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posted October 08, 2016 08:46 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Th economy has far outgrown the gold standard.

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Randall
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posted October 09, 2016 04:38 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
That's capitalism.

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Sulkyarcher
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posted October 09, 2016 04:49 PM     Click Here to See the Profile for Sulkyarcher     Edit/Delete Message   Reply w/Quote
I'm scared for when Uranus goes into Taurus. Taurus rules currency, and Uranus can be chaotic! :.crosses fingers:.

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Randall
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posted October 10, 2016 02:33 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Indeed.

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Sulkyarcher
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posted October 11, 2016 03:40 AM     Click Here to See the Profile for Sulkyarcher     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
Indeed.

I'm also suspicious of Saturn in Capricorn. Saturn in Capricorn is infamous for recessions.

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