Anyway, it's been a while since we've had a financial collapse, doom & Gloom, thread.
BTW, I've gone to yard sales the last couple of years and can see where people are selling off their prepper supplies.(some will admit it)
We’re doing just fine.
Hang in there folks.
If the economy goes into a recession commodity prices including oil will fall not rise. Also, as oil prices
increase, the idle drill ships will be called back into service and more fracking will occur in Texas, North Dakota etc.
Dude, you’ve always cracked me up...
Shiff is mentally unstable.
He’s unfit to be published.
Buy our Gold and Food....Commercial.
My prepper supplies are living on a remote island with a population that is small enough to be self-sufficient
I am still waiting for the coming Armageddon.
The sky! The sky!
I bought a bunch of stuff after 2000.
Still have most of it. But it was for camping, not TEOTWAWKIK
When was the last time Schiff was right?
Also looking into BitPorkBellies which don't require refrigeration and aren't subject to trichinosis.
I have to admit that I can’t figure out why the price of all kinds of fuel has been going up up up. Heating oil is high enough to really hurt lower income people.
Crap, I finally used up all that freeze dried food I bought for Y2K, and now I gotta stock up again....
I always said store what you eat and eat what you store. Buy a couple cases of canned or dry foods you eat, when you are done with one buy another. Buying a ton of wheat or a years supply of MREs is not a great idea unless you really like wheat and MREs.
Just imagine if that murdering, treasonous harpy had stolen the election.
401ks confiscated, unfettered illegal alien invasion, arkansas death squads elevated to the FBI.
America is hanging by a thread right now...If the rats regain power anytime soon, it’s all over but the screaming and the dying.
That’s great, it starts with an earthquake
Birds and snakes, an aeroplane
And Lenny Bruce is not afraid
R.E.M It’s the end of the world (as we know it)...
https://www.youtube.com/watch?v=JsxavPANO8s
a further depreciation in the purchasing value of the dollar naturally raises nominal prices, with some consequences.
but it is not a fundamental economic paradigm shift
indeed, it has been going on as a long-term secular trend for at least 100 years
You put in one data point that he was wrong in 2010.
Does anybody keep an objective score on what these people say?
He will be correct sometime. Historically, even the great depression would have been a V bottom event if not for the feral intervention some say. I know for certain in my own mind that the great recession was a v-bottom event with a plateau exit after 2011 caused by barky the fool. From edge to edge most downturns in the economy are about 3 years at most. That does not mean things go back to roaring but they do get better.
So many things invoke some form of panic or fear and are just normal events. Someone noted with some apparent alarm that schools are closing for flu outbreaks. This has happened for a long long time.
Most of what is reported these days is not news but it is instead opinion. On the same day you can hear someone emphatically say to take the flu shots without fail it will save your life. You can also hear someone say it makes little difference since there are so many strains it is an educated guess or a crapshoot that the vaccine will be correct.
A multitude of things are like this, few can predict them. Life happens. Be prepared as best you can and live. Success is how you handle problems that will come your way.
Yet I am Intrigued by whether massive tax cuts in the midst of an already growing economy will produce unprecedented wealth or unprecedented collapse given the nation's massive debt.