How will you assess "The Balloon just went up"....??

[Supervisor42]

Here is the graph for the whole world from the World Bank Group

View attachment 174053

Looks pretty much the same.........

So, either US presidents can create inflation for every nation on Earth or the US economy is actually just along for the ride.

https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?end=2023&start=2010

Believe it or not, most country's currencies are tied to the value of the US dollar.
When ours goes down, so does theirs.

 

[Haertig]

People keep indicating that I've fallen off a bridge. But when I look down, I see my two feet firmly planted on solid ground.

That's why I said:

I don't mean reading on the internet that I won't be able to afford food, I mean actually not being able to afford food.

I guess "falling off a bridge" equates to reading predictions of doom on the internet. I have indeed read some of those predictions.

I don't doubt that some people's balloons have already gone up. That's human nature. But in general, I don't think society as a whole are running for their shelters and caches just yet. Nor do I see much that makes me think they should be. I'm seeing waves pushing us around a little, not tsunamis. Others may be seeing those tsunamis. I'm not going to knock them for running away. That's exactly what I'd do if I saw a tsunami. But I don't. Hence my comments on "how I would assess the balloon just went up", the topic of this thread.

 

[Tootsie]

This won’t affect most people here. Banks this week, at least in NY, have removed caps on overdrafts. Fees that were $35 were painful enough but now places are charging 7x more. Not double. Not triple. Seven times more.
I have never had an overdraft, but sadly it’s common for some around here. Groceries, utilities, everything. I can see financial problems really escalating.
The balloon is gonna pop, and one thing is going to aggravate another. People are beyond divided. I can see striking out and unpredictable behavior coming.

 

[Magus]

People keep indicating that I've fallen off a bridge. But when I look down, I see my two feet firmly planted on solid ground.

That's why I said:


I guess "falling off a bridge" equates to reading predictions of doom on the internet. I have indeed read some of those predictions.

I don't doubt that some people's balloons have already gone up. That's human nature. But in general, I don't think society as a whole are running for their shelters and caches just yet. Nor do I see much that makes me think they should be. I'm seeing waves pushing us around a little, not tsunamis. Others may be seeing those tsunamis. I'm not going to knock them for running away. That's exactly what I'd do if I saw a tsunami. But I don't. Hence my comments on "how I would assess the balloon just went up", the topic of this thread.

So I guess you're saying not affording food is immaterial if there is no food?

 

[jazzy]

i think so many things.economies.nations are so unstable right now and getting worse. i think it will start like dominoes falling. one market here, another one there, banks, nations markets, excalating violence --- it will pick up speed and cant be stopped and will be global. the key is identifying the trigger event. just keep watching all the growing storms and do your best to get as ready as possible,.

i dont believe there is anything that can stop the collapse

 

[Haertig]

So I guess you're saying not affording food is immaterial if there is no food?

Of course. That's obvious. If something is not available then indeed, your inability to pay for it is immaterial. But I do not understand how that concept relates to "falling off a bridge".

Everything I want is available. Everything I want I can afford. Some are predicting that what I want will not be available and/or that I will not be able to afford it. That is not the reality that I see currently. It is only their prediction. A prediction that I see no reason to accept at present.

I think saying that all of us are "falling off of a bridge" is a mischaracterization. I think the reality is that some of us are just jumping off of it. But I have no problem with that. The jumpers think I'm foolish, and I think the jumpers are foolish. That is not malicious, that is just the natural result of differing predictions. We are interpreting data laid in front of us in different ways. That's 100% normal, and acceptable.

 

[Magus]

You mentioned bridges first bro, we just ran with it. LOL

 

[Haertig]

You mentioned bridges first bro, we just ran with it. LOL

Go to the "Find" option in your browser. Not the "Search" that is part of this website - the "Find" that is part of your browser for searching raw text in a web page. Starting at page one of this thread, and moving to subsequent pages as needed based on you personal config of posts per page to display, look for the occurrence of the word "bridge". Who is it that first brought it up again?

 

[Aerindel]

When 911 dispatch, my 'boss' goes down.

Which is different than when they just don't have enough resources, that happens all the time.

I'm saying when nobody can call 911 on the radio, because the dispatch center is unstaffed, or non functional.