Topic: Economic collapse is set for July 2014! Most likely Black Tuesday 22 / 7 (Read 2650 times)
July 26, 2014, 03:51:15 PM
It will arrive in "Two Weeks", just like the Butterfly Labs Monarch.
July 25, 2014, 11:00:01 AM
@Yakamoto: Are you kidding me? 
He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
Touché, but it was a decently valid point as opposed to calling his statement denial.He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
I understand what you mean by that however, and I do agree with you. A simple link isn't really enough.
I linked to confirmation bias without further discussion because numerology, and the constant denial of its failure to predict anything with accuracy, is best explained by confirmation bias. Numerology cherry picks past examples and makes them fit baseless statements and then says, "See, it all fits into this mysterious pattern!" It's pseudo-science, not based on empirical evidence, and sidesteps rational logic. It can be explained, however, by the human tendency to only focus on data that fits into a predetermined belief (confirmation bias), and the strong human drive to draw conclusions from patterns, even when those conclusions are not based on empirical data or tested with the scientific method.
I could actually spend a good amount of time backing up my above statements, but I don't need to waste my time, you've already proven my point with your failure to predict the future with absolute certainty:
And here, my other thread that shows you, beyond any doubt, that the date of 22/7 or somewhere around there is decided long time ago. I am now predicting the history books will choose the date of 25/7/2014 however, since that will be a 7/7/7.
Hmm, where's the economic collapse that is beyond any doubt supposed to happen by 7/25?
July 17, 2014, 07:53:17 PM
Might as well post this chart then. That blue 'handle' on the andrews-pitchfork is my best effort at a trend line from historic low in 1932.
July 17, 2014, 06:45:07 PM
Perhaps tomorrow, Friday, the market will keep dropping a few %.. and then during the weekend EVERYONE will be on their toes. On monday People will find out how the market reacts: the drop continues.
On tuesday its freefall.
Or? What are Your predictions??
On tuesday its freefall.
Or? What are Your predictions??
July 14, 2014, 01:26:50 PM
A war will start before this happens... They Royal 13 are already starting wars in like 5 different countries. This will just end with massive massive massive drafts .. massive drafts.. several nukes and a massive explosion of debt. Be prepared to go to war for some pointless cause..
Yay! Infowars!I'll look at this and just agree with you, regardless what my personal opinions are. I don't want to spend a ton of time debating this.
We actually live in the most peaceful time in human history, so just keep that in mind.
If anyone wants to debate, then just ask. I kind of need stuff to do these days.
July 14, 2014, 11:05:22 AM
...
I am as bearish as the next guy. And have been since Jimmy Carter...
But there has been no existential collapse yet. It may happen. Smart people will diversify their investments. Put, say, 5% of your net wealth into physical gold (more if you are OK with the risk and concentration). Put, say, 1% into Bitcoin (again, if you are aware the risks and are OK with them).
If you are even more worried, add "lead bullion" and lead delivery devices, and lay in water & food. The "Preparations List" is almost endless, but having some of these items will shield you in a dramatic financial crash.
***
My "best guess" is that a collapse is possible. 20% probability? Who knows? Not me, not you. Diversification is one of the very few "freebies" in investing. A diversified portfolio is likely to have better upside and with fewer risks than being overly-concentrated.
I am as bearish as the next guy. And have been since Jimmy Carter...
But there has been no existential collapse yet. It may happen. Smart people will diversify their investments. Put, say, 5% of your net wealth into physical gold (more if you are OK with the risk and concentration). Put, say, 1% into Bitcoin (again, if you are aware the risks and are OK with them).
If you are even more worried, add "lead bullion" and lead delivery devices, and lay in water & food. The "Preparations List" is almost endless, but having some of these items will shield you in a dramatic financial crash.
***
My "best guess" is that a collapse is possible. 20% probability? Who knows? Not me, not you. Diversification is one of the very few "freebies" in investing. A diversified portfolio is likely to have better upside and with fewer risks than being overly-concentrated.
July 14, 2014, 09:42:00 AM
A war will start before this happens... They Royal 13 are already starting wars in like 5 different countries. This will just end with massive massive massive drafts .. massive drafts.. several nukes and a massive explosion of debt. Be prepared to go to war for some pointless cause..
Will the war really happen before? I think that the economy is whats making a war impossible. USA cannot go into a war when CHina/Russia is holding such a strong advantage economically. If the collapse occurs however, even the american People will support a war even if the cause is false/evil/self preservation.
Surprisingly the American people opposed bombing Syria last fall, going against the wishes of their beloved obama. I think we as a country are growing weary of the US govts want for war everywhere, but with that said I dont think they will stop trying to go to war/incite war in other countries.
July 14, 2014, 09:32:51 AM
A war will start before this happens... They Royal 13 are already starting wars in like 5 different countries. This will just end with massive massive massive drafts .. massive drafts.. several nukes and a massive explosion of debt. Be prepared to go to war for some pointless cause..
Will the war really happen before? I think that the economy is whats making a war impossible. USA cannot go into a war when CHina/Russia is holding such a strong advantage economically. If the collapse occurs however, even the american People will support a war even if the cause is false/evil/self preservation.
July 14, 2014, 09:19:46 AM
Numerology... 
Why is this thread still in economics? It should be off-topic.
I'm sure we'll see economic collapse soon enough. I'm also sure that numerologists will continuously offer new predictions until they are finally... err ... of cause... right.
Why is this thread still in economics? It should be off-topic.
I'm sure we'll see economic collapse soon enough. I'm also sure that numerologists will continuously offer new predictions until they are finally... err ... of cause... right.
July 14, 2014, 09:06:36 AM
A war will start before this happens... They Royal 13 are already starting wars in like 5 different countries. This will just end with massive massive massive drafts .. massive drafts.. several nukes and a massive explosion of debt. Be prepared to go to war for some pointless cause..
July 14, 2014, 08:39:46 AM
@Yakamoto: Are you kidding me?
He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
Touché, but it was a decently valid point as opposed to calling his statement denial.He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
I understand what you mean by that however, and I do agree with you. A simple link isn't really enough.
July 14, 2014, 08:18:43 AM
@Yakamoto: Are you kidding me?
He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
He linked to "Confirmation Bias" and had nothing else to contribute to the discussion. So.. My answer to you is:
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it confirmation bias.
July 14, 2014, 08:16:32 AM
People have been putting specific dates to an "economic collapse" for years now. When it happens in certian countries its usually slow and gradual, nd has been in the making for a while.
Ay. But I think all those predictions failed because they tried to look at the economics itself, not the People running it. It's a well established fact that the economy has been ready for a total collapse for decades(and the 2007 was more or less a controlled demolition to buy more time). We all been waiting for the "Death of the dollar" etc yet it has been postponed for so long. They could surely postpone it longer, but it is unevitable that we will have a major collapse never seen before.
Why wouldn't they set the date themself? Why let the biggest event in human history(or at least human economic history) be left to random market events?
EDIT: Also, think about geopolitics and the rivalry between nations. China and many other countries hold dollars that they anytime could drop, making US very vulnerable. Sure, China loses on it aswell but as long as China is holding they have a strong defense against US military. As soon as the economic collapse hits though, China, Russia etc loses their advantage because then US has nothing more to lose and can set loose its behemoth of military. Face it, it's been an open currency/trade war for a few years now..
July 14, 2014, 08:15:52 AM
http://en.wikipedia.org/wiki/Denial
Quote
Denial, in ordinary English usage, is asserting that a statement or allegation is not true.[1] The same word, and also abnegation, is used for a psychological defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence.
If anyone is in denial, it's you. He gave a perfectly good link with information related to the topic, showing his view of why you are wrong and he is right. I too challenge your opinion, and I await the end of the next 3 weeks.
There is very well confirmation bias, and it is evident in this. Just because people say something doesn't mean it's true, even if they hae a big name. Example: Mark T. Williams.
I can't really say much else. Come back with actual info and I'll consider taking you seriously. Until then, the next 3 weeks have next to no concern for me.
Retarded? If his post was "correct", as was mine. Learn to debate.
I find it a very poor way of proving your point and making you appear credible if you counteract someone's statement by simply calling it denial.
On the topic of a global collapse,
People have been putting specific dates to an "economic collapse" for years now. When it happens in certian countries its usually slow and gradual, nd has been in the making for a while.
There isn't much else you can do about it. Learn skills, buy commodities that will have constant value, and hope for the best.Quoted post is mainly why I do not believe your statement. Not because he wrote it, but because that's what I thought when I first read your title and opening post.
Just like with most other prediction videos, if it doesn't come true, turn it to next year! If you need examples, type "illuminati 2011", "illuminati 2012", "illuminati 2013", "illuminati 2014". Those always popped up on the side of vids I watched over the years. Each year will bring in quite a large amount of videos.
I would apprecaiate it if you could bring more information to support your idea, so I can hopefully understand it better.
July 14, 2014, 08:04:48 AM
People have been putting specific dates to an "economic collapse" for years now. When it happens in certian countries its usually slow and gradual, nd has been in the making for a while.
July 14, 2014, 07:39:32 AM
http://en.wikipedia.org/wiki/Denial
Quote
Denial, in ordinary English usage, is asserting that a statement or allegation is not true.[1] The same word, and also abnegation, is used for a psychological defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence.
If anyone is in denial, it's you. He gave a perfectly good link with information related to the topic, showing his view of why you are wrong and he is right. I too challenge your opinion, and I await the end of the next 3 weeks.
There is very well confirmation bias, and it is evident in this. Just because people say something doesn't mean it's true, even if they hae a big name. Example: Mark T. Williams.
I can't really say much else. Come back with actual info and I'll consider taking you seriously. Until then, the next 3 weeks have next to no concern for me.
Retarded? If his post was "correct", as was mine. Learn to debate.
July 10, 2014, 06:52:27 PM
http://en.wikipedia.org/wiki/Denial
Quote
Denial, in ordinary English usage, is asserting that a statement or allegation is not true.[1] The same word, and also abnegation, is used for a psychological defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence.
If anyone is in denial, it's you. He gave a perfectly good link with information related to the topic, showing his view of why you are wrong and he is right. I too challenge your opinion, and I await the end of the next 3 weeks.
There is very well confirmation bias, and it is evident in this. Just because people say something doesn't mean it's true, even if they hae a big name. Example: Mark T. Williams.
I can't really say much else. Come back with actual info and I'll consider taking you seriously. Until then, the next 3 weeks have next to no concern for me.
July 10, 2014, 06:15:56 PM
http://en.wikipedia.org/wiki/Denial
Quote
Denial, in ordinary English usage, is asserting that a statement or allegation is not true.[1] The same word, and also abnegation, is used for a psychological defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence.
July 10, 2014, 05:39:23 PM
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