US Dollar Collapse
- Thread starter Yapah
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Blackberryy
TBC Classic
The government will tank before the dollar does. 2008 was the biggest risk we faced with inflation of the dollar since the Great Depression, I would say we are safe on currency. We should be more worried about the state of the sheep living in our country being pawned by all the subconscious signals put off by big company’s. Question everything
Yapah
Legend
America is becoming a facist state. Facism is when the state allows a certain extent of free market capitalism but keeps corporations under it’s control. It is a variation of socialism. One of the first examples was the establishment of the fed, which allows private banking to collude with the govt to create a monopoly on our monetary system. More recent examples is the govt buying PBS and GM, with the govt propping up certain industries it removes the risk for these companies, which ultimately hurts competition. The govt subsidized student loans, schools knew they could charge whatever the market would bear knowing the loans would be garanteed. This is the real reason education is so expensive, the govt is creating artificial demand through garanteed loans. Same with healthcare, costs have shot up because certain insurance companies have a government sanctioned oligopoly. True capitalism is dead in america, more and more industries will collude with the govt creating a plutocratic society where there are the few producers and the masses are consumers with no meaningful way to climb up the socioeconomic latter due to excessive regulation preventing any real competition.
Ubi will be the nail in the coffin for the US, it will create a permanent underclass crushed by ever raising taxes to pay for the “free stuff”, while over-regulation will make it impossible for any real competition to enter the market.
Either that or an economic collapse will come, the elites will buy all the foreclosing property and failing businesses for pennies on the dollar, and an era of socialism with american characteristics will come down upon this once great country.
As for the 2008 crisis, we didn’t see crazy inflation of the dollar. But if you look at what happened afterwards, MASSIVE amounts of currency was injected into the system, most of the US dollars created were sent off to other countries keeping inflation low in the US. All this extra currency supply caused housing to skyrocket, so there was invisible inflation where a huge portion of the population was priced out of affordable housing. If the world decides they dont want our dollars and they send it back to the US, we will see hyperinflation like the dollar has never seen.
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Chops
Soccer Dad
And this, ladies and gentlemen, is why you dont mistake a youtube rabbit-hole for an education.
Yapah
Legend
Ty for ur input
Dorigon
Alpha and Omega
Why worry? In all likelihood, you're going to live a relatively comfortable life in line with your current living situation, probably have a wife and kids, then die in 50-60 years without any of this stuff coming to pass. Look back in history, and when you think about it, Earth-shattering events don't happen very often. I expect such events to be even rarer now in an age of nuclear deterrence. Make some plans to sustain yourself in case of emergency, sure, but there's no need to let yourself become consumed by these fantasies.
Yapah
Legend
The evolution is near
The brains will start to abandon their religions and believe in themselves
And the new world order will start
This kid was a genius who knew much more than people gave him credit for (if you actually dwell into the shit he was talking about) off topic but RIP X
[doublepost=1576541942,1576541698][/doublepost]
The brains will start to abandon their religions and believe in themselves
And the new world order will start
[doublepost=1576541942,1576541698][/doublepost]
I’m not consumed by it where im blinded with whats happening in my life. I’m still working towards my career goals and pursuing a double major. Though I don’t think everything is fine and will stay fine. There are a great deal of global conflicts right now caused by the US dollar. I don’t think it’s unrealistic to believe a collapse is coming within a generation at the latest.
Derpyhooves
Grandfathered
Invest in guns and ammo. Then you can hunt to provide for yourself AND defend your property from a tyrannical government.
hom
Grandfathered
What in the actual fuck is that meant to mean?
Rappers and others have been chanting about a new world order for decades. This is nothing new.
Boy was just preaching some dumb ass schizophrenia babble.
Dorigon
Alpha and Omega
Interesting stuff but reading anything like that results in an avalanche of existential crisis for me. No thanks!
melabeari
Banned
dont worry after the apocalypse the elites will crawl out from under the denver airport and follow the rules on the Georgia guidestones.
- Maintain humanity under 500,000,000 in perpetual balance with nature.
- Guide reproduction wisely — improving fitness and diversity.
- Unite humanity with a living new language.
- Rule passion — faith — tradition — and all things with tempered reason.
- Protect people and nations with fair laws and just courts.
- Let all nations rule internally resolving external disputes in a world court.
- Avoid petty laws and useless officials.
- Balance personal rights with social duties.
- Prize truth — beauty — love — seeking harmony with the infinite.
- Be not a cancer on the earth — Leave room for nature — Leave room for nature.
https://en.wikipedia.org/wiki/Georgia_Guidestones
Yapah
Legend
US debt is only so low right now because the fed is keeping interest rates artificially low. If the fed allowed interest rates to go up, we won’t be able to pay the interest on our debt. There is so much cheap money in the system right now because of interest rates being so low which is keeping the economy going, but if the economy starts slowing, the fed really can’t lower interest rates much lower. When that happens we’ll see this bubble pop
Mvq
2016 TC Champion
The earth is flat too, have you seen those youtube videos? It's undenIABLE. Also, climate change is fake as f bro
[doublepost=1576603591,1576603555][/doublepost]This is American Education at its finest.
[doublepost=1576603823][/doublepost]
BUT if i HaVE DeBT theN its BaD so iT mus B BAd if govErnMent hAS deBT???++
[doublepost=1576604038][/doublepost]
True LMAO i cringe whenever i see a mentally challenged person chant youtube rabbit-hole ideas.
[doublepost=1576604108][/doublepost]
An Admin chanting conspiracies, I love this
[doublepost=1576603591,1576603555][/doublepost]This is American Education at its finest.
[doublepost=1576603823][/doublepost]
BUT if i HaVE DeBT theN its BaD so iT mus B BAd if govErnMent hAS deBT???++
[doublepost=1576604038][/doublepost]
True LMAO i cringe whenever i see a mentally challenged person chant youtube rabbit-hole ideas.
[doublepost=1576604108][/doublepost]
An Admin chanting conspiracies, I love this
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