Page 1 of 1
Worst Economy In 5,000 Years?
Posted: June 9th, 2016, 3:39 pm
by Taco
Here's why so many people are worried about the economy. Zero % and negative interest rates keep the markets artificially propped up which creates the illusion the global economy is doing well.
Worst Economy In 5,000 Years?
http://www.washingtonsblog.com/2016/06/58199.html
Re: Worst Economy In 5,000 Years?
Posted: June 9th, 2016, 3:44 pm
by jamesbond
Here is Peter Schiff on CNBC today, saying this upcoming economic collapse will be worse that the 2008 economic collapse!
[youtube]
http://www.youtube.com/watch?v=tBJ31G6FdhQ[/youtube]
Re: Worst Economy In 5,000 Years?
Posted: June 9th, 2016, 4:07 pm
by Taco
Mad max by November...
[youtube]
http://www.youtube.com/watch?v=nAmNc6u4fwc[/youtube]
Re: Worst Economy In 5,000 Years?
Posted: June 9th, 2016, 4:11 pm
by jamesbond
The economic collapse has just accelerated.
[youtube]
http://www.youtube.com/watch?v=iA2XbE1-bxE[/youtube]
Re: Worst Economy In 5,000 Years?
Posted: June 9th, 2016, 11:36 pm
by Wolfeye
I would think "interest" is the problem. Maybe they should do away with interest/usury & just have it be a business where people get a loan for a certain amount which they pay back. Maybe taxes pay for the upkeep or maybe there's an extra flat fee to cover the overhead. That way loans get made & repaid, the overhead is accounted for, and it doesn't get all "runaway train" on people.
Re: Worst Economy In 5,000 Years?
Posted: June 10th, 2016, 1:50 am
by Moretorque
Interest is a major problem, in the past from my reading there have always been debt jubilees but this is different. They want jubilees for their friends or bailouts for the selected and bury with debt who they do not like or what they bring to the table, it's FINACIAL terrorism or socialism that they call capitalism trying too fool the idiots with more lies and cons about what the system really is.....
Engineering the society as they see fit with a endless supply of #'s.......
Money as debt 1 made in 2004 covers this and a Mathematically Perfected Economy also shows how interest destroys the producers of the economy by shifting all wealth to the non producer usury class.........
Re: Worst Economy In 5,000 Years?
Posted: June 13th, 2016, 6:33 pm
by Taco
You'll notice the last time Short Term Interest Rates were low was just before WW II. The global economic crash that's coming is just the warm up act before the main event.
Gartman: "The World Is Finally Awakening To The Fact That World War III Has Begun In Earnest"
http://www.zerohedge.com/news/2016-06-1 ... un-earnest
Re: Worst Economy In 5,000 Years?
Posted: June 14th, 2016, 7:22 am
by jamesbond
More news regarding the economic collapse.
[youtube]
http://www.youtube.com/watch?v=4Cb0dRBK6lQ[/youtube]