Topic: Economic Collapse Headed for U.S. in 2015??? - page 4. (Read 6172 times)
China may have its own subprime crisis in 2015...
The last thing Wall Street is thinking about is an economic collapse in 2015. After all, the stock markets are at record highs, unemployment is down, and inflation is in check. But the fact of the matter is that these same indicators were also in check before the markets crashed in 1987, 2000, and 2008/09. Back in 2008/09, everyone on Wall Street, save for Michael Lombardi and Peter Schiff, was absolutely certain that the U.S. economy was the envy of the world and that it was rock solid.
Credit creation, the lifeblood of the capitalist economy, is way too low. If this is not going up anytime soon, it will lead to a deflationary collapse.
Only question remaining is will money come out of hiding?
I care more for the Bitcoin economy than the USA's, tbh.
The last thing Wall Street is thinking about is an economic collapse in 2015. After all, the stock markets are at record highs, unemployment is down, and inflation is in check. But the fact of the matter is that these same indicators were also in check before the markets crashed in 1987, 2000, and 2008/09. Back in 2008/09, everyone on Wall Street, save for Michael Lombardi and Peter Schiff, was absolutely certain that the U.S. economy was the envy of the world and that it was rock solid.
Credit creation, the lifeblood of the capitalist economy, is way too low. If this is not going up anytime soon, it will lead to a deflationary collapse.
It's also alarming to see that the petrodollar system is so weak that Saudi Arabia is willing to hold oil production "no matter what" and crash the price of oil. The clock is ticking and it's almost midnight...
I would have to disagree with you there. Saudis recent decisions regarding oil has likely got nothing to do with a weakening of the petrodollar. It's almost certainly quite the opposite actually. This current spell of oil dumping is probably playing to American wishes, thus indicating a strengthening of the petrodollar. This assumption would also help explain why the dollar has been rallying in recent months. I disagree because Saudi oil profits under the petrodollar system are reinvested into US stocks; therefore, by allowing the price of oil to crash which will further damage the rest of the market and cause further financial losses makes no sense to me. The only thing I can rationalize is that they believe they're better prepared to withstand the resulting damage of this than we are, it's just as likely they're attempting to get out of the petrodollar arrangement during a time when the US is in financial crisis.
The dollar has been rallying and yet the middle class is shrinking, wealth disparity is at record levels, full time employment is more scarce, college graduates can't afford their student loans, the cost of living is skyrocketing, one third of adult US households are now forced to live with a roommate, and the increased profits of the top 20% wealthiest families was large enough to offset the losses of the lower 80% resulting in the MSM shouting, "oh look how we've recovered!"
The dollar is rallying, but it's not the masses who are doing all the buying, because they're too busy worrying about how much more expensive the groceries are today than they were 5 years ago...
The Saudis wanted the US to stop ISIS's approach towards its boarders and the US wanted to hurt Russia's economy. Both nations appear to have helped each other out, so I would theorize this is what happened. I could be totally wrong of course.
I most definitely don't think it indicates a weakening of the petrodollar. A weakening would be signified by a significantly weakening dollar and a subsequent oil price increase (& all commodities) as nations prepared exit plans. As regard to your second point yes I know. I do live in these times as well.
It's also alarming to see that the petrodollar system is so weak that Saudi Arabia is willing to hold oil production "no matter what" and crash the price of oil. The clock is ticking and it's almost midnight...
I would have to disagree with you there. Saudis recent decisions regarding oil has likely got nothing to do with a weakening of the petrodollar. It's almost certainly quite the opposite actually. This current spell of oil dumping is probably playing to American wishes, thus indicating a strengthening of the petrodollar. This assumption would also help explain why the dollar has been rallying in recent months. I disagree because Saudi oil profits under the petrodollar system are reinvested into US stocks; therefore, by allowing the price of oil to crash which will further damage the rest of the market and cause further financial losses makes no sense to me. The only thing I can rationalize is that they believe they're better prepared to withstand the resulting damage of this than we are, it's just as likely they're attempting to get out of the petrodollar arrangement during a time when the US is in financial crisis.
The dollar has been rallying and yet the middle class is shrinking, wealth disparity is at record levels, full time employment is more scarce, college graduates can't afford their student loans, the cost of living is skyrocketing, one third of adult US households are now forced to live with a roommate, and the increased profits of the top 20% wealthiest families was large enough to offset the losses of the lower 80% resulting in the MSM shouting, "oh look how we've recovered!"
The dollar is rallying, but it's not the masses who are doing all the buying, because they're too busy worrying about how much more expensive the groceries are today than they were 5 years ago...
It's also alarming to see that the petrodollar system is so weak that Saudi Arabia is willing to hold oil production "no matter what" and crash the price of oil. The clock is ticking and it's almost midnight...
I would have to disagree with you there. Saudis recent decisions regarding oil has likely got nothing to do with a weakening of the petrodollar. It's almost certainly quite the opposite actually. This current spell of oil dumping is probably playing to American wishes, thus indicating a strengthening of the petrodollar. This assumption would also help explain why the dollar has been rallying in recent months. all this manipulations we are seeing today, every aspect of every market is a total lie today, so deflation that will most probably happen would also be a manipulated lie to force all world's wealth into $ as a final solution.
It is not going to happen. Every year we hear the same story of how bad the condition is, how much debt there is, and it still continues as before.
USD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The US economy is actually doing somewhat well now, the issue is that it is being artificially inflated/propped up by QE which cannot last forever without causing high amounts of inflation. It is also suffering from bad economic and fiscal policies which will eventually blow upUSD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
I read this as inflation kicks in when QE stops, ie no money printing = inflation. This would follow the school of thought that says QE actually causes deflation. I think it is referred to as the neo-fisherite theory. I also seem to remember something that Bernanke had said in a speech that inflation has never really been a concern over the QE period.
well the thing is that hyperinflation is an attribute better applied for currencies at the lower tier of fiats, not the $ while enjoying a reserve status. hyperinflation happens all over the world just to prop up the reserve currency and give it another breath. the world is paying for usa to party. so all this manipulations we are seeing today, every aspect of every market is a total lie today, so deflation that will most probably happen would also be a manipulated lie to force all world's wealth into $ as a final solution.
expect alot of false flag events happening all over the world to create total chaos and make plebs fight all but the bankers responsible. once conflicts reach critical mass then they will dump this thing while msm blaming everyone else.
It is not going to happen. Every year we hear the same story of how bad the condition is, how much debt there is, and it still continues as before.
USD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The US economy is actually doing somewhat well now, the issue is that it is being artificially inflated/propped up by QE which cannot last forever without causing high amounts of inflation. It is also suffering from bad economic and fiscal policies which will eventually blow upUSD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
I read this as inflation kicks in when QE stops, ie no money printing = inflation. This would follow the school of thought that says QE actually causes deflation. I think it is referred to as the neo-fisherite theory. I also seem to remember something that Bernanke had said in a speech that inflation has never really been a concern over the QE period.
I feel sorry for those who don't see the inevitable...
I also feel sorry for the people who believe the dollar is getting stronger. It's not... Wealth distribution is widening faster than ever; who do you think backs the dollar anyways? It's not the top 1% of the population, of that I can assure you...
Oil is a great buy right now, I don't believe the dollar will fail this year, but I think bank bail-ins and economic crisis are damn likely within 12 months. That means another shake-out is likely before the final convulsion of a dying organism and the collapse of an entire economic system...
It's also alarming to see that the petrodollar system is so weak that Saudi Arabia is willing to hold oil production "no matter what" and crash the price of oil. The clock is ticking and it's almost midnight...
I also feel sorry for the people who believe the dollar is getting stronger. It's not... Wealth distribution is widening faster than ever; who do you think backs the dollar anyways? It's not the top 1% of the population, of that I can assure you...
Oil is a great buy right now, I don't believe the dollar will fail this year, but I think bank bail-ins and economic crisis are damn likely within 12 months. That means another shake-out is likely before the final convulsion of a dying organism and the collapse of an entire economic system...
It's also alarming to see that the petrodollar system is so weak that Saudi Arabia is willing to hold oil production "no matter what" and crash the price of oil. The clock is ticking and it's almost midnight...
I think you wrong because many investor looking investment on usa now. You can see dollar strong to other fiat in last month
pump & dump - how the pros do it
I think you wrong because many investor looking investment on usa now. You can see dollar strong to other fiat in last month
The last thing Wall Street is thinking about is an economic collapse in 2015. After all, the stock markets are at record highs, unemployment is down, and inflation is in check. But the fact of the matter is that these same indicators were also in check before the markets crashed in 1987, 2000, and 2008/09. Back in 2008/09, everyone on Wall Street, save for Michael Lombardi and Peter Schiff, was absolutely certain that the U.S. economy was the envy of the world and that it was rock solid.I saw Martin Armstrong also predict a major crash in 2015.75 (3rd quarter)
I largely agree but it won't be the biggest crash. One of the reasons I sold some other fiat hedges.
It is not going to happen. Every year we hear the same story of how bad the condition is, how much debt there is, and it still continues as before.
USD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The US economy is actually doing somewhat well now, the issue is that it is being artificially inflated/propped up by QE which cannot last forever without causing high amounts of inflation. It is also suffering from bad economic and fiscal policies which will eventually blow upUSD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The reason stock prices are so high and everything looks good right now is purely because of hyperinflation which is the amount of money that the central banks are pumping into the economy, they're keeping things going over Christmas and new years and then eventually all of it is going to collapse in on itself with the politicians and bankers playing completely innocent about it and not understanding what's going on.
So this Monday's the big day?
The reason stock prices are so high and everything looks good right now is purely because of hyperinflation which is the amount of money that the central banks are pumping into the economy, they're keeping things going over Christmas and new years and then eventually all of it is going to collapse in on itself with the politicians and bankers playing completely innocent about it and not understanding what's going on.
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.
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.
It is not going to happen. Every year we hear the same story of how bad the condition is, how much debt there is, and it still continues as before.
USD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The US economy is actually doing somewhat well now, the issue is that it is being artificially inflated/propped up by QE which cannot last forever without causing high amounts of inflation. It is also suffering from bad economic and fiscal policies which will eventually blow upUSD is in high demand and continue to remain so. As long as it stays the primary reserve currency of the world the economy will not collapse.
The question is when it will blow up. If it lasts for a few years, people will continue to feel good and policies won't change.
will that bring any good for Bitcoin?
I think there is enough surplus liquidity built into the system to keep us going for another 12 to 18 months
2016 could be the year it starts to go pear-shaped in the US
2016 could be the year it starts to go pear-shaped in the US
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