Topic: Economic Collapse Headed for U.S. in 2015??? - page 2. (Read 6172 times)
I can see the government halving a problem with money in the next couple years. Currently the US's biggest source of revenue is borrowed money. Soon the people lending the money will be owed it back and the US will run into many issues with trying to balance out the debt.
opposite i think, U.S become stronger.
their hegemony already start running.
their hegemony already start running.
Alex Jones certainly seems to think so:
2015: Year Of The Collapse?
http://youtu.be/AO7cM2DN1yU
But he would wouldn't he? He likes to spread a lot of fear. In fact he makes a business off of it (I think he'd like this forum
). Personally I don't think it will happen this year but I think were due another eventually.
2015: Year Of The Collapse?
http://youtu.be/AO7cM2DN1yU
But he would wouldn't he? He likes to spread a lot of fear. In fact he makes a business off of it (I think he'd like this forum
). Personally I don't think it will happen this year but I think were due another eventually.No on should be citing Alex Jones for anything. This guy makes wild claims in the absence of robust fact...he's an illusionist.
I do not approve this. The level of closedness you show is not the rational interest of anyone.
Alex Jones certainly seems to think so:
2015: Year Of The Collapse?
http://youtu.be/AO7cM2DN1yU
But he would wouldn't he? He likes to spread a lot of fear. In fact he makes a business off of it (I think he'd like this forum). Personally I don't think it will happen this year but I think were due another eventually.
2015: Year Of The Collapse?
http://youtu.be/AO7cM2DN1yU
But he would wouldn't he? He likes to spread a lot of fear. In fact he makes a business off of it (I think he'd like this forum
). Personally I don't think it will happen this year but I think were due another eventually.No on should be citing Alex Jones for anything. This guy makes wild claims in the absence of robust fact...he's an illusionist.
That collapse will happen the second Iran and China successfully sever the US dollar from Oil trading. The government has one main tool (interest rates) to nudge the economy. And they've used it so long its gotten to the point of uselessness. The next time anything major goes wrong, us is pretty much hosed.
The US would have probably not fallen into recession if it were not for the 9/11/11 terrorist attacks. The economic boom did peak in 2000, however we did not fall into recession until late 2011.
I don't think there was actually any kind of crisis in 1987, just a recession caused by the economic cycle.
I don't think there was actually any kind of crisis in 1987, just a recession caused by the economic cycle.
Really? The terrorist attack referred to as "9/11" happened on 9/11/2001, the recession started in 2008 (by 2011 the markets has started to recover). And there definitely was a market crash in 1987, it's referred to as "Black Monday", http://en.wikipedia.org/wiki/Black_Monday_(1987).
The US would have probably not fallen into recession if it were not for the 9/11/11 terrorist attacks. The economic boom did peak in 2000, however we did not fall into recession until late 2011.
I don't think there was actually any kind of crisis in 1987, just a recession caused by the economic cycle.
I don't think there was actually any kind of crisis in 1987, just a recession caused by the economic cycle.
Really? The terrorist attack referred to as "9/11" happened on 9/11/2001, the recession started in 2008 (by 2011 the markets has started to recover). And there definitely was a market crash in 1987, it's referred to as "Black Monday", http://en.wikipedia.org/wiki/Black_Monday_(1987).
How do you define "economic collapse"?
The were market crashes and subsequent bear markets after 1999/2000 and 2007 but these didn't collapse the economy. Business continued on, albeit recessed, but both of these declines created firesale prices for the biggest and best companies in the US, certainly not a reason to panic unless you planned to retire in 2001 or 2008 (in which case you shouldn't have been invested in stocks anyway).
Economic Collapse, to me, means a fundamental breakdown of the economy. Depression style disappearance of work and wealth. Neither of these happened in the recent 15 years. I don't think they'll happen this year either.
The were market crashes and subsequent bear markets after 1999/2000 and 2007 but these didn't collapse the economy. Business continued on, albeit recessed, but both of these declines created firesale prices for the biggest and best companies in the US, certainly not a reason to panic unless you planned to retire in 2001 or 2008 (in which case you shouldn't have been invested in stocks anyway).
Economic Collapse, to me, means a fundamental breakdown of the economy. Depression style disappearance of work and wealth. Neither of these happened in the recent 15 years. I don't think they'll happen this year either.
How do you define collapse? If a collapse mean something's USD value drops, then FED only need to print a little bit more USD to support the collapsed price and everything will be back to normal
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
This is about correct, except the "just" word. Look to Greece. How is the sale of ports going? Sale of the oil refinery? What will the voters say about selling schools, hospitals, national parks, military land, the parthenon? Then fire all officials, including themselves? You see that in practice, this is not a possibility for a government that is currently in power.
How do you define collapse? If a collapse mean something's USD value drops, then FED only need to print a little bit more USD to support the collapsed price and everything will be back to normal
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
What about the U.S. national debt? Japan being out of the question (since it is not an independent country), but China deciding to cash out their U.S. Treasuries pool (i.e. 21% of all foreign-held U.S. Treasury securities) and then spend all these dollars? Would this pass for a collapse?
Foreign-held US debts are small comparing with what US hold domestically, and when Chinese government spend dollars to buy US products, it will create job and boom. And those bonds have no risk of default, US government will always borrow more USD from FED to repay them with good interest
I wouldn't call owning of over $6 trillion of U.S. debt, which makes roughly 47% of the public debt (34% of the total debt), small, would you? Furthermore, if the Chinese government decides to spend dollars in the U.S., this will raise inflation through a demand-supply mechanism. But the problem would be even deeper than that.
How do you define collapse? If a collapse mean something's USD value drops, then FED only need to print a little bit more USD to support the collapsed price and everything will be back to normal
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
What about the U.S. national debt? Japan being out of the question (since it is not an independent country), but China deciding to cash out their U.S. Treasuries pool (i.e. 21% of all foreign-held U.S. Treasury securities) and then spend all these dollars? Would this pass for a collapse?
Foreign-held US debts are small comparing with what US hold domestically, and when Chinese government spend dollars to buy US products, it will create job and boom. And those bonds have no risk of default, US government will always borrow more USD from FED to repay them with good interest
John Law said, money is wealth. As long as you can create money at will, you can create wealth to solve any economy problem. There is a limit for how much money you can print without totally destroy the credibility of fiat money, but with modern productivity, it seems unless you print 10 times more money every month, people will always adapt and create enough products to earn those newly printed money. Unreasonably stupid but you can not do anything about it, since for each individual, fiat money is precious, and they will work hard to grab those paper
Maybe in future US merchants only accept bitcoin and large foreign US debt owners could not buy anything using USD
How do you define collapse? If a collapse mean something's USD value drops, then FED only need to print a little bit more USD to support the collapsed price and everything will be back to normal
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
What about the U.S. national debt? Japan being out of the question (since it is not an independent country), but China deciding to cash out their U.S. Treasuries pool (i.e. 21% of all foreign-held U.S. Treasury securities) and then spend all these dollars? Would this pass for a collapse?
How do you define collapse? If a collapse mean something's USD value drops, then FED only need to print a little bit more USD to support the collapsed price and everything will be back to normal
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If a collapse means a collapse of USD's value e.g. everything's price will double each month, then FED just need to sell large amount of assets and reduce the available USD in banking system, thus USD will become scarce again, and stop the price inflation
The only problem is that people might give up using USD, then what FED can do with USD will have no effect on anyone who does not use USD. But that is not going to happen in 2015
If the American system had any underpinning logic it would have collapsed by now. But it doesn't. But it doesn't need logic so much, as the fantasy-factory funny money will always reign supreme as long as the US military has the strength it does. The federal reserve could raise their self-paid dividend for every dollar they print from 6% or 8% (I forget what it is) to 20% and start printing 'the dollar' on toilet paper, it would still not collapse, because if it collapses everything collapses.
Short version: logic doesn't really apply to the US financial system, its a a complete fabrication that every must adhere to because the banking cartels have solidified their hold over the monopoly on money years ago.
Short version: logic doesn't really apply to the US financial system, its a a complete fabrication that every must adhere to because the banking cartels have solidified their hold over the monopoly on money years ago.
Every 6-8 years we have a crash - its known as the Short Term Debt Cycle
http://www.economicprinciples.org/
So yes, we are due for a crash in 2015/2016.
http://www.economicprinciples.org/
So yes, we are due for a crash in 2015/2016.
I think an Economic Collapse is likely in 2015 or 2016 for the US.
perhaps more EuroZone in first position ... and then, the US.
QE of Eurozone is on the road, so ... dead mine area here, now.
I don't think the USA has anything to fear in terms of this impending "Economic Collapse". Low and stable inflation rate, rising employment, rising equity market, all bullish at the moment.
Nothing to fear save for frenzied speculation in the financial markets right now. The same had happened just before the Great Depression set in. Regarding unemployment, the official numbers are either bogus or half true, since partially employed are not considered as unemployed. An astonishing 92,898,000 Americans 16 years and older did not participate in the labor force in the end of 2014,
Quote
But what no one is saying, wrote Clifton [Gallup CEO], is that if a person who is unemployed has given up on looking for a job -- perhaps because they have been so hopeless out of work that they haven't bothered looking for any employment whatsoever for at least the past four weeks -- then the Department of Labor does not count those persons as unemployed.
Wanna talk about rising employment, huh?
I don't think the USA has anything to fear in terms of this impending "Economic Collapse". Low and stable inflation rate, rising employment, rising equity market, all bullish at the moment.
Lots of people around the world wishing ill thoughts on the USA but their wish is just that, wishes. The USA has weathered the "Great Recession" of 2008-2014 remarkably well, especially compared to the Euro zone.
The USA will last anther 200 years at the top of the world.
Lots of people around the world wishing ill thoughts on the USA but their wish is just that, wishes. The USA has weathered the "Great Recession" of 2008-2014 remarkably well, especially compared to the Euro zone.
The USA will last anther 200 years at the top of the world.
SO what are the indicators of the looming or pending collapse?
You gotta provide more detail for us to politic over!
You gotta provide more detail for us to politic over!
Increasing public debts, increase of wasteful spending, decreasing quality of the employment market.
China, or every other country in the world???
I've been predicting a crash for the first quarter of 2015 for awhile now just because of how high things all are right now and also everything is starting to look at the exact level it was at the 2008 - 2009 crash, the idea that you can have such a massive crash and then have everything go this high again as if it's 'normal' is ridiculous. The good news is for us at least, the more people who are in denial about this the more money there is to be made.
How are things looking now, up or down? With the USD soaring for the last months, interest rates turning negative in Europe, precious metals wiping the floor, are we still here to witness global financial destruction, epic economic meltdown, and maybe social unrest in the nearest future?
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