Does anyone else see an economic crash coming?

[GeorgiaPeachie]

Edward Dowd
@DowdEdward

Fear and loathing from Wall Street: What is going on in Japan has them concerned.

“They risk massive asset bubble unwinding and it’s happening fast and global.”All eyes on Asian markets open this Sunday.

Expect policy responses from BOJ and frenzied behind the scenes calls between central banks over weekend.

The US cant afford a run on markets before elections. Let’s see what transpires over weekend.”


A heads up everyone. Make sure you have enough cash in hand! Just in case. Who knows if this will come over to us come Monday morning?

 

[viking]

The Stock market and housing are still going up like everything is great out there. Why do I feel like I’m the only one that sees the cliff the economy is about to go over?

It's called normalcy bias, in other words it's something I sometimes hear people say, "We've had bad times in the past and it's always gotten better, we'll get over this." Thing is, no nation has ever survived with the kind of debt levels we have, the debt level is $35 trillion, that makes the debt level against GDP near 123%. I just heard that today the stock market took a 1,000 point drop. Instead of the brown stuff hitting the fan, they're going to have to use a huge ship propeller.

 

[shanrose]

The Stock market and housing are still going up like everything is great out there. Why do I feel like I’m the only one that sees the cliff the economy is about to go over?

What do you foresee happening?

 

[shanrose]

Yes it's coming soon, they are squeezing out every drop of profit they can, before it happens.

Before what happens?

 

[shanrose]

Econmically I see no way around a crash. The Zillion dollar question is, who will be in charge when it happens? Let’s be realistic here. If a socialist Dem is in charge, there is no doubt Venezuela is our future. Those in charge still eating and safe. Everyone else are going to suffer greatly. If the right Republican is in charge we will have big problems like the Great Depression, but WILL pull out of it in 10-15 years. I would certainly like to see Trump in charge as he honestly CARES about America and Americans! Even now with MILLIONS unemployed and millions not able to pay their bills, the Dems are DEMANDING free stuff and JOBS for illegals!!! Not only that, they are DEMANDING more 3rd worlders be a brought in to TAKE our JOBS!

This coming election is a vote FOR survival...or a vote to go down into extreme poverty.

PS. I don’t see a way for anyone to store enough food for 15 years. I could be wrong. Everyone needs to make sure they have enough land, seeds, decent soil and equipment to grow and raise your own food to survive. JMHO

Research more in-depth about everything. We've been misled about almost everything - including who is installed in office and our votes.

 

[shanrose]

Yes I believe that we'll see a serious economic downturn someday. How serious it will be depends upon who wins in 2020. I don't think there will be a "collaspe" anytime soon though. One thing that democrats have promised is if elected they will nationalize our 401k and IRA accounts.
Until there's a downturn I am taking advantage of the stock markets.

I worked for a politician one time (only doing office work, I'm politically-averse) who won an election but her opponent made a phone call, according to her, and he was in and she was out. And that was a local election. What do you think happens in a national election?

 

[GeorgiaPeachie]

Before what happens?

Have you kept up with what the mother WEFers plans and goals are? They’ve already accomplished many of them. The world is being setup for a “great reset”. According to these globalists that reset involves mass depopulation via many methods. Famine is one of them.

Sri Lanka was their Test on how to cause a famine.

“9 August 2022

How Sri Lanka went from topping Lonely Planet’s list to almost 30% hunger levels”​

All the government did was stop the fertilizer. This above was the result! Guess what is happening globally now? Yep, fertilizer production has been greatly curtailed.

Plus, thousands of chickens at a time…with ZERO symptoms…are being culled because of ONE chicken “testing” positive for bird flu. And before you ask, yep, using the very same PCR test that the INVENTOR told the government and anyone who would listen…YOU ARE USING IT INCORRECTLY! Your results are therefore invalid.

 

[Robert Stewart]

ASX200 here in Australia took a massive nose dive on the stock market and our RBA is being stubborn by refusing to drop the interest rate adding into the chaos an out of control cost of living crisis of which our circus clown prime minister and his cronies keep on saying they are going to fix but in return keep blaming liberals for Australia's cost of living crisis when its in fact Labors fault

 

[shanrose]

Have you kept up with what the mother WEFers plans and goals are? They’ve already accomplished many of them. The world is being setup for a “great reset”. According to these globalists that reset involves mass depopulation via many methods. Famine is one of them.

Sri Lanka was their Test on how to cause a famine.

“9 August 2022

How Sri Lanka went from topping Lonely Planet’s list to almost 30% hunger levels”​

All the government did was stop the fertilizer. This above was the result! Guess what is happening globally now? Yep, fertilizer production has been greatly curtailed.

Plus, thousands of chickens at a time…with ZERO symptoms…are being culled because of ONE chicken “testing” positive for bird flu. And before you ask, yep, using the very same PCR test that the INVENTOR told the government and anyone who would listen…YOU ARE USING IT INCORRECTLY! Your results are therefore invalid.

Yes but I'm wondering what others think will happen. I know about the depopulation goals for each country but didn't know about Sri Lanka. I really can't believe this is happening.

 

[GeorgiaPeachie]

Yes but I'm wondering what others think will happen. I know about the depopulation goals for each country but didn't know about Sri Lanka. I really can't believe this is happening.

From the numerous sources I’ve seen, they all see it coming. Michael Yon (ex special forces) now world journalist is even sounding the alarm. Don’t panic. But be proactive. Make a list of what you can grow and raise to feed yourself (and family…sorry, I don’t know if you are married). What you know you can’t provide make Local Connections now with farmers and others who you can get the items from. As far as meat? Rabbits are the best choice. They are quiet, easy to feed and produce a lot of meat. One Doe will give you 280# or more of meat a year. I raise New Zealand’s, but Californians are good too.

 

[shanrose]

From the numerous sources I’ve seen, they all see it coming. Michael Yon (ex special forces) now world journalist is even sounding the alarm. Don’t panic. But be proactive. Make a list of what you can grow and raise to feed yourself (and family…sorry, I don’t know if you are married). What you know you can’t provide make Local Connections now with farmers and others who you can get the items from. As far as meat? Rabbits are the best choice. They are quiet, easy to feed and produce a lot of meat. One Doe will give you 280# or more of meat a year. I raise New Zealand’s, but Californians are good too.

Thanks - I'll look Michael Yon up. So to sum it up they have famine planned. I wonder if they'll try to confiscate food like in the Holomodor. Yes I'm married. Good idea about finding local farmers. I don't eat meat so don't need farm animals. Often people don't know that one can meet their protein needs from sources such as chick peas and black-eyed peas. It's very cheap to eat. I've been considering buying a nut tree but am unskilled in the area of fruit and nut trees. Do you have any guess as to when this all might happen? That's what concerns me because I am nowhere near established. In fact I wasn't sure I wanted to live on a farm. So I'm kind of stuck in a weird place. If you hear anything please update us and I will do likewise. Some said that August 10 something may happen as that date was in the Obama movie - but who knows?

 

[Tirediron]

Thanks - I'll look Michael Yon up. So to sum it up they have famine planned. I wonder if they'll try to confiscate food like in the Holomodor. Yes I'm married. Good idea about finding local farmers. I don't eat meat so don't need farm animals. Often people don't know that one can meet their protein needs from sources such as chick peas and black-eyed peas. It's very cheap to eat. I've been considering buying a nut tree but am unskilled in the area of fruit and nut trees. Do you have any guess as to when this all might happen? That's what concerns me because I am nowhere near established. In fact I wasn't sure I wanted to live on a farm. So I'm kind of stuck in a weird place. If you hear anything please update us and I will do likewise. Some said that August 10 something may happen as that date was in the Obama movie - but who knows?

Are you following along with the stuff on this thread, way bigger picture https://www.homesteadingforum.org/threads/jims-daily-rant.20880/page-9#post-998087
pretty far from msm, but pretty mild compared to some deeper stuff, if nothing else try to listen to clif

 

[shanrose]

Are you following along with the stuff on this thread, way bigger picture https://www.homesteadingforum.org/threads/jims-daily-rant.20880/page-9#post-998087
pretty far from msm, but pretty mild compared to some deeper stuff, if nothing else try to listen to clif

The link wouldn't work - is there another way to access it? No one trusts the MSM anymore.

Are you following along with the stuff on this thread, way bigger picture https://www.homesteadingforum.org/threads/jims-daily-rant.20880/page-9#post-998087
pretty far from msm, but pretty mild compared to some deeper stuff, if nothing else try to listen to clif

Can you tell me the name of the topic so I can try to find it? A weird message says "You do not have permission to view this page."

 

[Supervisor42]

The link wouldn't work - is there another way to access it? No one trusts the MSM anymore.

Can you tell me the name of the topic so I can try to find it? A weird message says "You do not have permission to view this page."

It's in the Political section and you have to ask admin to open access for you.
It was changed to "access by request" to keep thin-skin people from running across a thread that makes them cry.
Wear your thick skin.

 

[GeorgiaPeachie]

That is a real indictment on our current society that Adults have to be “protected” from written words. Agree with you Supervisor42.

 

[Tirediron]

The link wouldn't work - is there another way to access it? No one trusts the MSM anymore.

Can you tell me the name of the topic so I can try to find it? A weird message says "You do not have permission to view this page."

super 42 answered the question,

 

[GeorgiaPeachie]

Thanks - I'll look Michael Yon up. So to sum it up they have famine planned. I wonder if they'll try to confiscate food like in the Holomodor. Yes I'm married. Good idea about finding local farmers. I don't eat meat so don't need farm animals. Often people don't know that one can meet their protein needs from sources such as chick peas and black-eyed peas. It's very cheap to eat. I've been considering buying a nut tree but am unskilled in the area of fruit and nut trees. Do you have any guess as to when this all might happen? That's what concerns me because I am nowhere near established. In fact I wasn't sure I wanted to live on a farm. So I'm kind of stuck in a weird place. If you hear anything please update us and I will do likewise. Some said that August 10 something may happen as that date was in the Obama movie - but who knows?

No one really knows when they will totally break the food system. They are working hard on it now. Those that I trust the most are saying next year. So many layers to our current system makes it complicated to break all at once.

Look for them to continue reducing the available fertilizer, therefore making the price skyrocket. Less fertilizer will dramatically reduce the harvests. Add to that a natural 2,000 year weather cycle, that we are entering now, and you can understand why there will be much less food. The food available will be much more expensive

I would very much advise a few nut trees in case your crops of other proteins do not do well that year. Buy Hazelnut trees. None of the other nut trees will produce soon enough. Get 3 year old Hazelnuts this winter/early spring and you will have nuts come next year! The best producing that don’t get the diseases which harm the trees and nuts are Jefferson, Eta, Yamhill and Theta. These all pollinate each other. If you only plant 2 types plant Jefferson (top producer with large nuts) and either Eta or Yamhill to pollinate. Order them early or you won’t get them. They are very popular. When you get them let me know and I will walk you through planting them. These are VERY easy to grow and care for!!

What planting zone are you in? I might be giving you bad advice on the type of Hazelnut trees.

Food is a very personal choice because of many factors. Myself, being an O neg blood type do not process the proteins from vegetables well at all. Too many carbs (yes the natural, off the vine ones) make me very sluggish and my digestion system doesn’t deal with it at all. O neg is the original carnivore blood type…which explains it.

 

[shanrose]

No one really knows when they will totally break the food system. They are working hard on it now. Those that I trust the most are saying next year. So many layers to our current system makes it complicated to break all at once.

Look for them to continue reducing the available fertilizer, therefore making the price skyrocket. Less fertilizer will dramatically reduce the harvests. Add to that a natural 2,000 year weather cycle, that we are entering now, and you can understand why there will be much less food. The food available will be much more expensive

I would very much advise a few nut trees in case your crops of other proteins do not do well that year. Buy Hazelnut trees. None of the other nut trees will produce soon enough. Get 3 year old Hazelnuts this winter/early spring and you will have nuts come next year! The best producing that don’t get the diseases which harm the trees and nuts are Jefferson, Eta, Yamhill and Theta. These all pollinate each other. If you only plant 2 types plant Jefferson (top producer with large nuts) and either Eta or Yamhill to pollinate. Order them early or you won’t get them. They are very popular. When you get them let me know and I will walk you through planting them. These are VERY easy to grow and care for!!

What planting zone are you in? I might be giving you bad advice on the type of Hazelnut trees.

Food is a very personal choice because of many factors. Myself, being an O neg blood type do not process the proteins from vegetables well at all. Too many carbs (yes the natural, off the vine ones) make me very sluggish and my digestion system doesn’t deal with it at all. O neg is the original carnivore blood type…which explains it.

I heard that about the fertilizer. I'm seeing supermarket prices skyrocket now. By weather cycle do you mean the grand solar minimum? I've noticed the weather getting weird too. We had a tornado in our area in the north and we never had tornados there. Thank you for the tips about Hazelnuts! I wrote it down. Odd about blood types - I never heard that before. I try to keep my carbs down because they tend to put weight on although the body does need some carbs.

 

[GeorgiaPeachie]

I heard that about the fertilizer. I'm seeing supermarket prices skyrocket now. By weather cycle do you mean the grand solar minimum? I've noticed the weather getting weird too. We had a tornado in our area in the north and we never had tornados there. Thank you for the tips about Hazelnuts! I wrote it down. Odd about blood types - I never heard that before. I try to keep my carbs down because they tend to put weight on although the body does need some carbs.

A good portion of fertilizer was made by BASF in Germany. That came to an end when biden blew up the Nordstream pipeline, causing a huge increase in oil prices…and forcing BASF to move to China. The production there has been greatly curtailed. Last year other big makers of fertilizer also cut back on their production. It has already resulted in farmers not being able to apply as much fertilizer as they did in the past. It will get worse this next planting season as fertilizer production has not increased and any surplus has already been used.

Adapt 2030 with David Dubyne is a great source of information on the changing climate. We are in a 2,000 year cycle change. Like when parts of Africa were the most fertile and best growing areas in the world. Then when the climate changed (not because of humans) much of Africa turned into desert. North America will/is seeing a change in rainfall in different parts of our nation. Earthquakes as well as Volcanic Eruptions have already increased and will continue to do so. A red letter date he always emphasizes is Oct, 2024.

Below is another change he mentions often…

‘I spoke with Mike Adams in this episode about what appears as deliberate takedowns of the infrastructure at the same time a strange magnetic anomaly will occur in October 2024, the planets will square in the outer solar system, something not seen since 79AD. “

Podcast here…

 

[Supervisor42]

Well, don't look at the stock market today.
It had dabbled above 41K level weeks ago, has plunged into the 39K level today.

Well, the DOW is back above 41K today.
Our 'collapse' seems to be getting further and further away.

 

[teeceetx]

Like all statistics, take them with a grain of salt.

The stock market has long NOT been an indicator of the health of the economy.

Open your eyes and THINK. Look around! Is ANYTHING good or better?

What do we make here in the US? Practically nothing! Drugs? None. / Food? Very little. / Clothing? Virtually nothing. / Appliances? None. / Furniture? None. / Automobiles? Few. / And on and on. So when I hear that manufacturing jobs have increased x%, I have to ask, JUST WHAT THE HELL ARE THEY MAKING?

Big retailers are closing tens of thousands of stores, & small businesses are closing due to high costs and legitimized shoplifting/theft. Shrinkflation and high prices are affecting existing products. Grocery prices are insane, and the lack of employees is stunning (cashiers at checkout, stock people, etc.) Many high tech companies are shedding thousands of employees. And it just goes on and on.

Housing prices are out of sight, mortgages are hard to get, interest rates and insurance costs are insane, as are prices for home contractors and service workers.

Call any companies customer service line ... you have to wait an incredibly long time to reach an agent, and when you do, you are faced with incompetence on a scale never imagined before.

Nothing works right anymore.

Sorry folks, things are bad and getting worse.

 

[Supervisor42]

Like all statistics, take them with a grain of salt.

The stock market has long NOT been an indicator of the health of the economy.

... Well, it damsure showed us the way during the Obummer crash.

 

[Jen]

The Stock market and housing are still going up like everything is great out there. Why do I feel like I’m the only one that sees the cliff the economy is about to go over?

Yes. An economic crash is definitely coming. I think that we will move to a gold backed currency afterwards. There may be rough spots to endure, but we will all be fine.

 

[Supervisor42]

Well, the DOW is back above 41K today.
Our 'collapse' seems to be getting further and further away.

Repeat of the above...
Looks like our 'buying opportunity' (recession) has been postponed... again!!

 

[Neb]

Repeat of the above...
Looks like our 'buying opportunity' (recession) has been postponed... again!!

Inverted rate curves often procede recessions when they normalize. So a recession maybe happening soon.

But recessions don't always correlate with a drop in stock prices.

Ben

 

[Magpie]

Interesting... every country in the world is suffering a 'cost of living crisis'. I wish they wouldn't call it that; crisis indicates something short term. Call it life- this is the way it is now, I don't believe it will change, and theres no point in blaming whoever was previously in Government- its beyond their control.
Interest rates were cut by the EU yesterday here, and will help those on a tracker mortgage.
Our budget comes out in October, as does the UK's. They have a 'black hole' and will cut pensioners fuel allowance this winter.
Here in Ireland, it doesn't appear as bad, but if the big companies, Pharma etc, pulled out tomorrow and went east, and they will - it would be catastrophic for the country. Unemployment would shoot up its 4.2% at the minute, up slightly.
For those interested, an economist here, David McWilliams has written a book called Money - its a history of, I think. Heard him on the radio, he spoke alot of sense about our economy.

https://www.amazon.com/Money-Story-...sprefix=money+david+mcwilliams,aps,224&sr=8-1

 

[Mad Dog 1]

Interesting... every country in the world is suffering a 'cost of living crisis'. I wish they wouldn't call it that; crisis indicates something short term. Call it life- this is the way it is now, I don't believe it will change, and theres no point in blaming whoever was previously in Government- its beyond their control.
Interest rates were cut by the EU yesterday here, and will help those on a tracker mortgage.
Our budget comes out in October, as does the UK's. They have a 'black hole' and will cut pensioners fuel allowance this winter.
Here in Ireland, it doesn't appear as bad, but if the big companies, Pharma etc, pulled out tomorrow and went east, and they will - it would be catastrophic for the country. Unemployment would shoot up its 4.2% at the minute, up slightly.
For those interested, an economist here, David McWilliams has written a book called Money - its a history of, I think. Heard him on the radio, he spoke alot of sense about our economy.

https://www.amazon.com/Money-Story-Humanity-David-McWilliams/dp/1982152958/ref=sr_1_1?crid=19PB1PJ6KOSXM&dib=eyJ2IjoiMSJ9.yHzLsOA-W5786WG145ab7c__AeyW2o93u3G5kfGSMABTwhBBg2QO1FZtYhCWd-hFd2CaQhYxNamPQG-oDe1ch_qW_nJ3SG99vgYueNEUz1I.RBbxaeU7s2dwBvHOczDFC5rrJ2vWP5z8o4ff93DMwHU&dib_tag=se&keywords=Money+david+mcwilliams&qid=1726215129&sprefix=money+david+mcwilliams,aps,224&sr=8-1

in South Africa we are close to 40% unemployment, the talk is basically only 8% pay taxes, rest comes form companies , which many have / are closing our fuel is approx. $3.80 US gallon ,

 

[old tex]

I'll only say this: If my wife & I controlled our finances like our government controls it's finances we would instantly be referred to as bankrupt morons.

Sooner or later the government will run out of other people's money to shore up the insanity they are practicing & the system will tumble down.

 

[poltiregist]

https://www.cairco.org/reference/cloward-piven-strategy-fundamentally-transforming-america Likely most of you know what is going on , but perhaps a few do not . This link will explain and I will also explain . During the Obama presidency of the U.S. his adviser by the name of Jones " an admitted communist " got in front of the cameras and enthusiastically announced the Obama and cohorts plan . They were going to follow the Cloward /Piven plan to install communism in the United States . As Jones stated they were going to put pressure on the citizens of the U.S. from the bottom up , from the top down and crush in the middle . Then the desperate citizens would plead for relief and accept communism . -- Obama promptly fired Jones for revealing their plan . However that did not make the plan not true . They just didn't want people to know about it . -- Seeing as how other country's leaders are also making ridiculous moves in regard to their economy and the well being of their citizens , it appears they are also following the Cloward / Piven plan . Now this should explain the hate the Democrats in the U.S. has for Donald Trump . He is spoiling their installation of the Cloward /Piven plan . " prepare "

 

[teeceetx]

It doesn't take a genius to see what is happening.

We have already run out of "other peoples money" ... long ago.

$35.5 trillion in debt ... $1 trillion a yr to service the debt ...$102.5 trillion in total US debt ... $219 trillion in unfunded liabilities ...$5 trillion in tax receipts ... 100,000,000 not in labor force ...

50+ million illegals now in the country ... identity politics in full swing ... lawfare in the open now ... Marxism now being touted by major political figures ... government actions in direct violation of the Constitution, with no consequences ... pending loss of the US Dollar as the worlds "reserve currency" ... significant loss of small businesses across the country ... government openly lying about economic data ...

The numbers are staggering, and point to an imminent collapse of our economy and our country.