Posted on 02/03/2014 7:58:41 PM PST by Kartographer
The obastard plan is coming to fruition.
Massive numbers of people are now even more up against the wall with rising health are premiums and deductibles to prepare for. They’re scared and not spending.
Taxes, big tax increases have not hit yet. They will soon and they are going to stifle spending even more at all levels.
Prices are going up in leaps for all things and most of it is because of unproductive costly government mandates. We have been made into a noncompetitive country. We are being forced to do too many things by the government that don’t make sense.
Massive layoffs of military people are hitting. Mor out of work people.
Electricity rates are going to go through the roof soon and there is no quick alternative to the loss of coal fired power plants.
On and on and on and on. We are simply not competitive or productive as a nation any more. Half the people supporting the other half in one way or another won’t cut it.
Things suck and will suck worse before this is over.
Interesting though how the euphoria of the market has so compeletely changed in just a month.
I have no trouble believing in total economic collapse. I expect it. I have trouble believing that somebody could predict the precise time of it, to the very day. As you say, if he knows the day, then he knows who is going to arrange it.
21% of the population were farmers in the 1930’s and 43% of the total population lived in rural areas mean that most likely they grew at least some of their on food. Now days???
Very good point.
There ya go!
When a business can no longer raise it’s prices due to Extortion-Care, litigation protection, extortion regulations, rising scarcity costs of goods,....
because it’s consumers can no longer afford those resultant higher prices, purchases will grind to a halt, and earnings will floor....
then the full mask of deflation, fig leafed since 2008, will come off and ____________ ________________ ____________.
4 months is awful generous of you, I give the average Berkeley pointy head maybe a couple weeks, then again, that “city” is located immediately between Richmond and Oakland California...
WITHIN the first four months. It will not be pretty and the shock to these elitist pigs will be huge, but they will succumb to hunger and disease if they survive the ‘foragers’.
A lot of comments on this thread are about dead bankers. Here’s some info I found on a thread at another site. I cannot vouch for it’s accuracy, so put it in the category of interesting rumor.
The dead bankers:
1. Deutsche Bank executive Bill Broeksmit, 58, found dead at his home in Chelsea, south west London, on 26 January.
2. JPMorgan Chase & Company vice president in technology operations Gabriel Magee, 39, who died after falling from his London headquarters on 28 January.
3. Chief economist at Russell Investments (a VERY high profile investment advisory firm), and former US Federal Reserve economist, Mike Dueker, 50, found dead at the side of a highway that leads to the Tacoma Narrows Bridge in Washington State on 31 January.
The “common link” between these bankers, MIGHT be:
A. Sometime in 2013 two JP Morgan whistleblowers confessed that their bank manipulates the gold and silver markets.
That whistleblowers have come forth is widely reported, and this part of the story can be considered confirmed.
B. The above scandal has recently led Europe’s largest bank, Deutsche Bank, to withdraw from the appropriately named gold and silver price “fixing”, as European regulators investigate the manipulation of precious metals prices by Western banks.
This part is also widely reported and confirmed.
C. The following is the part I CANNOT confirm:
Deutsche Bank executive Broeksmit, called among the “finest minds” in his field, and Russell Investments Dueker, ranked among the top 5 percent of economists by number of works published, were a big part of the European investigation into JPMorgan gold and silver price manipulation.
Their “inside man” was JPMorgan tech guru Magee who oversaw the banks computer systems, including the programs used to manipulate the gold price fixings.
If the above is true, then all three “suicides” are connected.
Ref bump
March 4th? OK, will it be before or after lunch?
I’m very, very leery of predictions that are made with that sort of “precision.” The author makes some good points with regard to the economy, including the point that a depression could last many years.
The purpose of the “Bring Out Your Dead Banker” ping list is a post-mortem of dead bankers, as such it has a high positive rate.
So far the positive rate is 100%.
At some point we may well have a high market contagion, and likely as not the “Bring Out Your Dead Banker” threads will cover the death of capitalism and free markets.
*sigh* Such is life, and death...
Post of the decade, bravo.
This article suggests that market manipulation and pension fund raiding is the common thread among the deaths. It does a good job of tying up a lot of loose ends thatbI haven’t seen anywhere ese online:
A reporter also came up missing which makes the whole fiasco more bizzarre:
“The case of David Bird, the oil markets reporter who had worked at the Wall Street Journal for 20 years and vanished without a trace on the afternoon of January 11, has this in common with the other three tragedies: his work involves a commodities market – oil – which is under investigation by the U.S. Senate’s Permanent Subcommittee on Investigations for possible manipulation. The FBI is involved in the Bird investigation.
Bird left his Long Hill, New Jersey home on that Saturday, telling his wife he was going for a walk. An intentional disappearance is incompatible with the fact that he left the house wearing a bright red jacket and without his life-sustaining medicine he was required to take daily as a result of a liver transplant. Despite a continuous search since his disappearance by hundreds of volunteers, local law enforcement and the FBI, Bird has not been located.”
Maybe because choosing the “ides of March” would sound so cliché!
I’d say the AntiChrist will reveal himself pretty soon.
Those who are wise will know and be able to calculate his number. The bible says how Christ shall return, so any other thus claiming to be so before HE comes will all be frauds.
That's about where I am - I'm not going to obsess over it, just keep adding little-by-little as finances allow. I wish I could do more, but "slow and steady" will have to do.
posted on a prepper site selling prepper supplies . what a surprise!
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