Topic: Take shelter, a storm is coming in October. - page 4. (Read 942 times)

Because at some point a word gets a new meaning, even if it's not quoting ZH it's still ZH material, much like... a homer for example


And what about those investors, cause after the panic sell there was a panic buy since well, shares were trading above starting price at the end and I'm pretty sure all the doomsdayers and shorters are really not having a nice morning today:

https://www.barrons.com/market-data/stocks/cs

What was the nickname of those guys, ...weak hands? Lol!


And I told you it's not a counterattack it's emptying the pockets yelling take all my money and stop hitting me 

The world economy is in a state of serious crisis. But somehow I look to Europe which is in a difficult position. They don't seem to have much choice. they seemed to be pressured from various parties. Today 1 euro = 0.98 USD or thereabouts. this is the worst economic crisis for Europe. This high inflation is indeed natural after the pandemic. but this was made worse by the Russian-Ukrainian War. This is where Europe made the wrong decision at that time by not being neutral. and even boycott one of the parties. although this action will not bring benefits to Europe. instead it brought trouble as it does today.

and when it comes to inflation in various countries, the prices of goods are increasing or getting more expensive. then it's actually the impact of Shock Manufacturers. that is because during the pandemic many factories were closed and many of the surviving factories reduced employees. so production decreases.
so the supply is reduced. because the interest in goods during the pandemic is low. and that's fine during a pandemic.

but when the pandemic is over. Everyone who originally refrained from shopping for a product became unable to hold it back. and release the desires that were buried during the pandemic and release those desires when the pandemic ends. And what is overwhelmed, of course, is the producer who provides the goods. They are not prepared for sudden craze or increased shopping demand or interest. while many factories have already closed. and those who survive are short of employees in increasing the amount of production. So there is an imbalance between the supply of goods and the demand for goods. that is one of the triggers of inflation that occurs. although other triggers are also more. followed by other triggers such as a lot of tension or disputes between countries. and Russia's war with Ukraine that had the most impact, of course.

at this time what we have to do is to secure our assets so that they are not too affected by the decline in the value of the currency that we hold or that we keep in the Bank. we better exchange our money into Gold or some land. and if you still have money in the bank then I think withdrawing it now is a wise thing. because we do not know how severe this economic crisis will be. and it could make the bank in our area bankrupt.

I just don't understand why you are quoting Zerohedge. The source I posted does not quote ZH, as much as this topic reminds you of them, and yesterday CS shares went as low as 12%, which points out that investors were not trusting, regardless of what ZH says or not.

Credit Suisse Plunges 12% as Concerns of Going Bankrupt Spike

Regarding the dollar, I have made reference to the fact that China is going to counterattack, not by far it is going to collapse the USD. Other currencies will collapse much sooner, and in the current crisis it has only been strengthened. That is why China wants to fight back.

I agree, diversification can be definitely helpful and must be exercised in order to maximize your earnings especially during a calamity. But another crucial factor must be said- investments are always liquid. Meaning, you can always convert all of your investments to cash especially if you need the funds during an emergency.

While a family must have an emergency fund ready for any calamity, you can always convert your investments to cash when the need arises. Remember, investments are also resources that you can use especially when you definitely and significantly need the cash to use.

This is why people are advise to diversify their portfolio, stocks or bonds, real-estate, jewelry and not only crypto assets.
If you know there's a situation that is coming, you will prepare for something that you think you can overcome.
In case, you can sell whatever you think is the best for the situation. But you won't go bankrupt for sure.
Diversification is the key if you know something worst is to come. Even if one of them will goes to zero, you have other backups to go to.

Base on previous predictions I was thinking that October would be the month bitcoin would rise up because the predictions said, bitcoin will rise up before the end of this year, 2021. And also from the previous years September was used as the worst month but its like this year is going to be different. My thinking now would be diverted to the worst so that it would not come as a surprise.
In no 1, pension fund is always a problem in some countries... bank of England can not do anything because pension matter is not today's matter, even though they (Bank of England) key into the matter without the government instruction.
No 2. The great depression was one of the worst economic disaster period in Europe in the year 1929. Industries and farm lands were destroyed by the wind. Any country that faces backruptcy should take a drastic step to stop it before it becomes too late.
No 3, dollar is one of the issues (problem) countries face in the world inflation- If China can handle of maintain the strike against dollar their economy will be one of the best economy in the world.
No 5, US might join the war if Russia strikes the major cities...and that might lead to world war.

And this is only the beginning. The failure of the stock and crypto market could soon be the least of our worries. In the past few years, we've been hit by multiple crises again and again. First Covid-19, then the Ukrainian-Russian war, and who knows what else the future beholds. Economies eventually recover, but I believe that we should focus on Russia's threats regarding nuclear weapons. In my opinion, we're standing on a thin line, but we're yet to realize it. I'm hoping that when we do, it won't be too late. Things aren't looking too great for Russia right now, while it's been claimed to even mobilize teenagers and the elderly on a suicide mission against Ukraine.

If a single nuke were launched from Russia, it would spark a series of disastrous events for all of us. A larger scale war would break out while we'd be exchanging nukes against each other.

The Credit Susise situation is very strange. Basically alot of panic was created over the weekend. Many sellers started to sell the SP500 when trading started in Asian. And when CS started to trade it tanked but it ended the day positive.

Seems that it was a massive bear trap pretty much. If the bank was in trouble shouldn't the stock tank ? But instead it rallies? Wonder how many people shorted it at the open or bought puts and are facing huge losses. Alot of manipulations in the markets going on.

Advice from the field of medicine - "If you hug the homeless and don't wash your hands after that, and your stomach starts to hurt - drink water from puddles and eat from landfills, especially rotten food"
I'm sure - in the word "east" you mean precisely ruZZia! And explain - what is the point of improving relations with a loser, a terrorist, and a country whose word is worth nothing?

Being a strong heart person to face the bearish crypto market now.Selling of governments bonds was increase the money flow among the governments.So we expects some good flow among the people by the schemes.They also make some changes in the flow of money to the crypto trading by the people due to the excess money among the traders and exchanges.If nuclear will exploid,it will impact the world economy for sure.

Yes, they have, but with "simple solutions" there wouldn't be enough space for corruption and stealing. Like this it's just "1984", it's easier to rule the people if you keep them in dark, constantly afraid... I don't watch TV at home, but when I catch something (usually when I go somewhere I watch what others choose) I see so big loads of crap that it's unexplainable! Complete brainwashing, with "experts" of all kinds and their "arguments"!

Well, "the shit show goes on"... and I guess it's the same as always, we either find a way and survive or not!

Trying to predict the next economic crisis is pretty futile, but like you say there is a lot of nasty stuff happening right now. People have been calling a recession for a while now and a slow one could be unfolding right now. The US and UK are showing a lot of technical indicators in that direction, but damaging inflation is also yet to set in fully for some countries. There will be an energy crisis unfolding in Europe throughout the winter along and mortgage rates shooting up is going to be painful for a lot of people when it comes to renewal time. Collectively it is going to get worse, the job market is buoyant right now but recessions cause a vicious spiral of cutbacks which ripple through the whole economy in unexpected ways.

Even a broken clock is right, or how one of the users here said:


If you keep chanting every month that a crisis will come and you live enough you might see one, if you're unlucky like my grandparents who learned every day the US evil empire will fall, you might, well, not see it in your lifetime. Do you know what amuses me the most? The thing that people here who all the time are laughing about Bitcoin obituaries make the same mistake again when looking at the other markets, I said it, the only thing that died more times than BTC in the last 10 years is the $, and as you can see..


Exactly, just to line this with the above-mentioned crisis, the real one is catching everyone but a few by surprise, those that make it over twitter one year before it happens are as accurate as shit! DB has collapsed a hundred times, CS the same, let's not even mention JPM, how many have been burned by shorting Tesla (mentioning this because I know how much you like the guy  ), and many many others.
Of course, at one point it will happen, but this monthly doom is really getting boring so, bring it already!

A while ago an analyst described Europe as that majestic white mare that has a broken leg and while it is on the ground it is surrounded by bears, eagles, lions, even jackals. They are all showing their teeth and claws...
With every passing day, this description looks more real.

As the situation stands, I don't think it will happen, but provided we don't all die in a nuclear holocaust, I think Europe will lose a lot, as you say.


I don't think so, but if so, depending on what they write, I will report them. Genuine trolls are usually on the P&S board.


Talk of a possible Lehman bankruptcy or a real estate bubble bursting also provoked laughter not so long ago. Do I remind you how that turned out?

On the other hand, DB has lost 75% of its stock market value in the last 10 years. A sign that it is not very buoyant despite having had an open bar from the ECB.


Agree. If the situation escalates, you never know how it might end, and escalating with atomic bombs can make worries about the economy a trifle.


I agree. There are many political systems that in theory work perfectly. It is when humans go on to try to implement them that they fail. All of them. Every time. Because we are imperfect.

We all clamor for a perfect world with a perfect economy, but unfortunately, there will never be a world as such, not while we have greedy and selfish people heading the affairs of the world.
I have grown to a point where nothing surprises me anymore, a person can come to me and say "some parts of the world is crashing" and my answer would be "oh, is it happening already?, where is it happening this time?".

Taking shelter isn't a long term solution if you ask me, we as individuals have to learn to live an adjustable/adaptable lifestyle, what do I mean by this?
It is a kind of lifestyle that gives us the ability to easily adjust and adapt to any kind of life the economy of the world throws at us, this makes bearing every situation easier, rather than allowing ourselves to get caught up in the wind.

I will only say that there are so many problems that it is very easy to create a narrative that something very bad will happen, and I will say that nothing will have such devastating consequences as the use of nuclear weapons by Russia. Of course, we are not talking about strategic nuclear weapons here, but rather tactical ones that would be used to attack Ukrainian troops or destroy Kiev as an attempt to force Ukraine to surrender.

The US was very clear about this, which in translation would mean that NATO would retaliate without any hesitation with conventional weapons against all Russian targets in Ukraine, but possibly also against any target from which such weapons were fired, which would include Russian territory. I think that in that case we are talking about the beginning of the third world war, and that in that case collapse of big European bank or the Chinese rescue of the national currency looks quite harmless.

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I read the article and one part is on the trail of what you wrote, and it seems that CS and DB are playing the role of a potential financial bomb whenever the conditions for it are created. Maybe this time is different, but I would like it to be in the style of the saying that is popular in my area "the hills shook, and a mouse was born".

Economic crises seems to be bottomless at this point, if I would be asked, one factor which affects continuous increase with the things being sold to the market, us simply demand triggered by bigger number of population nowadays. More consumers means less resources, right? So I guess this is valid but feel free to correct me anyway. I've connected it to real world situation because what happens on a daily basis, also affect the prices of cryptos. Patterns on the other hand are not hundred percent reliable, it is just a guide and being prepared for the "possible" downfall, would be really advisable always.

The global economy is fucked but short of nukes flying it's going to recover eventually. Heck, even if the nukes start flying it'll recover eventually. Except then it's the least of our problems.

In my opinion all of the points by OP, except for the last one, are symptoms rather than causes of economic issues. At the heart it's mostly the supply chains still reeling from the aftermath of the pandemic, aggrevated by Russia's invasion of Ukraine. The asset market was already overheated pre-pandemic, so it's no wonder everything falls apart now that there's a crisis on top of a crisis. But give it one or two years and markets will stabilize again. Unless, of course, the next crisis hits. But short of that it's probably best to sit back, take your eyes off the charts for a minute and wait for it all to blow over.

Do you have anything to support this theory?
I have something to support mine, which is that you're making shit up.



As you can see, historically October is one of the best months for bitcoin.
It doesn't say much because each year is different and after 5 green years we finally had a red February in 2020. That said, if we're into months, let's be factual and not try to make it look worse than it is.