Dire economic prediction - coming out of Australia

[Doomsday Dallas]

https://www.youtube.com/watch?v=5eejvZx8HRY



People must look at all their financial assets right now and say "I want to sell them or preserve them," as they're going to go down in value in the coming years, says Harry Dent the Founder of HS Dent Investment Management.

"Real estate, stocks, everything but the most conservative government, Australian and US Treasury Bonds, are going to go down to reality and it's going to hurt more than anybody thinks it ever could".

"And nobody thinks it could happen and I'm the only guy on earth saying it," Mr Dent told Sky News host Chris Smith.

"Once you get bubbles of this extent, there's no way to stop it, they have to come down to reality".

"I'm telling you, it's 30 to 50 per cent for real estate in most countries and it's 60 to 90 per cent in stocks in most countries.

"This is going to kill most people's retirement portfolios.

"And there's nothing they can do about it ... I'm telling you it's coming in the next two-to-three-years.

"And I think it's about to start in the next month or two."



Next month or two? No.

Maybe in the next 4-8 years.

I think we got some time before the big bubble bursts... unless we get hit with another crisis of some sort.



Youtube Algorithm is to blame for this video being posted.

[Axe]

@shew

[oldtimer28]

https://www.youtube.com/watch?v=5eejvZx8HRY






Next month or two? No.

Maybe in the next 4-8 years.

I think we got some time before the big bubble bursts... unless we get hit with another crisis of some sort.



Youtube Algorithm is to blame for this video being posted.

Good share.

I have not seen this anywhere else - and I follow Australian media daily. The source is an extreme right media channel that (wrongly) predicted that Trump would win the presidency this year...

I do understand many predict the end of the world/financial collapses but many more are wrong than right.

Eg. I was saying Australian house prices were overpriced ten years ago (eg the median house price in Sydney was about $700,000/10x the average annual salary) but the prices keep rising (eg the median house price in Sydney is now about $1,200,000/15x the average annual salary).


So, it's difficult to predict. The real reason for asset valuations beating wage growth is increased lending. So what causes this supposed bubble to pop? Governments have vested interests often (at least they do in Australia with many politicians owning property.)

[SATAN]

God forbid completely over priced housing diminishes to it's real value in the West. The rich will just continue buying up assets over the poor. Same old shit. Everything is a scam because people believe it is. I know a guy in the property market who has actively said this is all going to fall. Pensions will be gone. The works. He is a right leaning person but has the mindset of the world is a scam and go hard taking what you can. Why some just blame the left for everything is almost incomprehensible to me. Might as well stop pretending. You're either a prick or not one.

[coin24]

@shew

Own my house, worry about your unemployed broke self tittyboy

[LAmbruh]

Haha what a shithole 3rd world slum


Lowest form of Caucasian filth, which is why Australians and South Africans were deported and exiled from the motherland (England). Unlike Americans who our ancestors choose to journey, explore, conquer and establish. :applause:


You won't find a single ounce of talent, entertainment or beauty come out those 2 former dumps. They peaked at Chappie and District 9 (two films about slums lol)

[coin24]

Haha what a shithole 3rd world slum


Lowest form of Caucasian filth, which is why Australians and South Africans were deported and exiled from the motherland (England). Unlike Americans who our ancestors choose to journey, explore, conquer and establish. :applause:


You won't find a single ounce of talent, entertainment or beauty come out those 2 former dumps. They peaked at Chappie and District 9 (two films about slums lol)


Projecting.

Broke bitch:lol

[Gayfuk]

God forbid completely over priced housing diminishes to it's real value in the West. The rich will just continue buying up assets over the poor. Same old shit. Everything is a scam because people believe it is. I know a guy in the property market who has actively said this is all going to fall. Pensions will be gone. The works. He is a right leaning person but has the mindset of the world is a scam and go hard taking what you can. Why some just blame the left for everything is almost incomprehensible to me. Might as well stop pretending. You're either a prick or not one.

You're a poor prick, we know Mr. 1*.


Feel free to go lay down on train tracks, you wont be missed by anybody.

[Axe]

Haha what a shithole 3rd world slum


Lowest form of Caucasian filth, which is why Australians and South Africans were deported and exiled from the motherland (England). Unlike Americans who our ancestors choose to journey, explore, conquer and establish. :applause:


You won't find a single ounce of talent, entertainment or beauty come out those 2 former dumps. They peaked at Chappie and District 9 (two films about slums lol)
Hey, at least the outback is a sight to behold for lonely pornheads during late afternoons. The value it offers to them should never ever be underestimated at all costs unless they can savor sog de le'sao most of the time.

[~primetime~]

This guy isn't even saying anything other than "PRINTING MONEY!!!, IT'S A BUBBLE!!!, IT'S GOING TO CRASH!!!"...he's not saying anything real to back it up. In fact that interview basically feels like staged media fear mongering to me. And if this was what YT's algorithm is throwing at you? Then yeah it's just YT feeding you doomsday crap because that's what you search for.

I don't know much about Australian markets...but the real estate in the US is not a bubble at all, it has very real support, there is a housing shortage in the US, there's no way that's going to crash. READ THIS (https://www.forbes.com/advisor/mortgages/new-home-construction-forecast/). The US stock market?...that *might* be a bubble right now. Tech stocks have been correcting for like a month now though. The stock market is valued high right now on the forecast that everyone is going to spend heavily post covid. If those predictions are right there is no bubble. If there is no spending post covid, and the economy falls flat? then it was a bubble and it will correct.

There is no fcking way it's 90% off though, the SP500 is reporting strong earnings, there IS actual spending happening. READ (https://www.investing.com/analysis/sp-500-expect-highoctane-earnings-200570227)

[coin24]

In reality the USA has become a third world shithole. Look at all your homeless, no healthcare, people are broke.
Shit public transport, roads are fu*ked etc. on top of all that you’re obsessed with politics like you think either side is going to save you, the media is just a tool of your commie dictator system.
Quality of living there is pathetic.

The recent Australian housing boom is driven by boomers and retirees because the interest rates are so low, cash in the bank is worth around 0.5%. So plans of retiring and living off interest are shot. Every auction is full of oldies.
Prices will stabilise, they won’t crash. Supply in all popular areas is low, younger people are forced out further.

[Axe]

In USA it sucks so much that you don't have any kangaroos to bang out there unlike in Oz. :mad:

[coin24]

In USA it sucks so much that you don't have any kangaroos to bang out there unlike in Oz. :mad:

You also don’t have a job, partner or your own place:lol

[Proctor]

Own my house, worry about your unemployed broke self tittyboy

:roll:

[LAmbruh]

In USA it sucks so much that you don't have any kangaroos to bang out there unlike in Oz. :mad:
Australians are just Redcoat Texan Brits.


Scared of the big bad Aboriginals and walling them off. Their Old Yank Sexpat granddads settled the closest they could to Thai Lady Boy. Just like El Paso hicks getting tricked by 14yo's cartel lolitas on the border :oldlol:

[coin24]

The projecting of broke losers here is hilarious:lol

[coin24]

:roll:

The fact that seems so out of reach to you screams what a total life loser you are:oldlol:

[scuzzy]

:roll:
:roll:


"The Shewbox"

[LAmbruh]

Shew's uncle charges a weekly rate for the 10x10 cellar dungeon


https://thumbs.gfycat.com/EmbarrassedBriefAtlanticspadefish-small.gif

[coin24]

That the best you got? Repeating the same jokes I made about you ?

I must have deeply affected you, poor thing:oldlol:

[Axe]

Shew's uncle charges a weekly rate for the 10x10 cellar dungeon


https://thumbs.gfycat.com/EmbarrassedBriefAtlanticspadefish-small.gif
Badly need those checks for reparation and swelling monthly dues.:rant

[SATAN]

You're a poor prick, we know Mr. 1*.


Feel free to go lay down on train tracks, you wont be missed by anybody.

If you're calling someone poor as an insult it says it all about yourself. Low IQ brainwashed fgt.

[Doomsday Dallas]

Currently the housing market is only going to cause massive gentrification, but real estate goes beyond housing.

https://cdn.corporatefinanceinstitute.com/assets/real-estate-types-300x300.png

^ you see that orange bubble right there, that's the one that was in trouble before Covid even hit the scene. So now that you have a large percentage of the workforce staying at home... what's the need for all that overpriced office space? It's not going to sell. Those movie theaters and shopping centers aren't going to thrive either thanks to Internet and Amazon. So yes, you very well could see the commercial real estate industry collapse at a rate of 50% leaving us with a shit ton of empty buildings, warehouses, and shopping malls... and if the commercial real estate industry collapses, all those over priced houses surrounding those fancy buildings go down in value as well, not to mention the jobs that those types of places provide.

And, once again... we haven't even begun to scratch the surface on climate change. Not only climate change, but water shortages & energy crisis could have a tremendous effect on the housing market in the future. That comes later down the road, which is why I said 4-8 years.




The excessive printing of money would take too long to explain as to why it makes everything artificial... but it's best simplified by pointing out that our debt to GDP ratio is well over 100%.

https://static.seekingalpha.com/uploads/2020/1/31/saupload_US-GDP-2019-debt-to-GDP.png

^ That way of life is unsustainable, and yet it's the way of life Americans have now become dependent on in order to keep a certain standard of living. When you maintain a debt to GDP ratio over 100%, you're destroying our children's and grandchildren's economy.

Free Health Care and Education for everybody? Ridiculous. Yea, I'm sure it will be quality health care, and quality education.

I'm sure they'll have another crisis to take advantage of as to why Americans are in need of a Universal Basic Income soon enough... it will be here by 2029 is my thinking.

and I'll say it again, a $3.9 Trillion Dollar Relief Package doesn't mean your economy is thriving, all it does is set aside the problem for another day, and when that day comes, it looks like UBI will be the solution... and people will celebrate that solution as if it's success. Idiots.

[Mr. Woke]

Australia needs to get its shit together.

Steve Irwin died years ago. It's time to move on.

[warriorfan]

You also don’t have a job, partner or your own place:lol

:roll:

Lonely lil axe. Poor fella. :(

At least he can still post to himself 35 times a day.

https://i.postimg.cc/ydbm2vjq/11-E9-D1-DD-027-A-4976-BB3-E-EA90494-A9849.jpg

Yikes. :roll:

[Axe]

Welfarefan at it again with the obvious envy. :ohwell:

Meanwhile...

https://i.postimg.cc/Vv8jS0GV/qweqweqweqwe.png
https://i.postimg.cc/XYXkL99r/Capture11.png

https://pa1.narvii.com/6478/01e92cfad7fa97159ea92b288d191f60feb3a401_hq.gif

[SATAN]

Currently the housing market is only going to cause massive gentrification, but real estate goes beyond housing.

https://cdn.corporatefinanceinstitute.com/assets/real-estate-types-300x300.png

^ you see that orange bubble right there, that's the one that was in trouble before Covid even hit the scene. So now that you have a large percentage of the workforce staying at home... what's the need for all that overpriced office space? It's not going to sell. Those movie theaters and shopping centers aren't going to thrive either thanks to Internet and Amazon. So yes, you very well could see the commercial real estate industry collapse at a rate of 50% leaving us with a shit ton of empty buildings, warehouses, and shopping malls... and if the commercial real estate industry collapses, all those over priced houses surrounding those fancy buildings go down in value as well, not to mention the jobs that those types of places provide.

And, once again... we haven't even begun to scratch the surface on climate change. Not only climate change, but water shortages & energy crisis could have a tremendous effect on the housing market in the future. That comes later down the road, which is why I said 4-8 years.




The excessive printing of money would take too long to explain as to why it makes everything artificial... but it's best simplified by pointing out that our debt to GDP ratio is well over 100%.

https://static.seekingalpha.com/uploads/2020/1/31/saupload_US-GDP-2019-debt-to-GDP.png

^ That way of life is unsustainable, and yet it's the way of life Americans have now become dependent on in order to keep a certain standard of living. When you maintain a debt to GDP ratio over 100%, you're destroying our children's and grandchildren's economy.

Free Health Care and Education for everybody? Ridiculous. Yea, I'm sure it will be quality health care, and quality education.

I'm sure they'll have another crisis to take advantage of as to why Americans are in need of a Universal Basic Income soon enough... it will be here by 2029 is my thinking.

and I'll say it again, a $3.9 Trillion Dollar Relief Package doesn't mean your economy is thriving, all it does is set aside the problem for another day, and when that day comes, it looks like UBI will be the solution... and people will celebrate that solution as if it's success. Idiots.

Are you forgetting automation?

[coin24]

:roll:

Lonely lil axe. Poor fella. :(

At least he can still post to himself 35 times a day.

https://i.postimg.cc/ydbm2vjq/11-E9-D1-DD-027-A-4976-BB3-E-EA90494-A9849.jpg

Yikes. :roll:

:roll:

[nayte]

[QUOTE=coin24;14282901]:roll:[/QUOTE

Don't worry we still have free health care. If the prices drop that's fine I can get a house and as an immigrant that is sweet.better then USA it seems

[~primetime~]

Currently the housing market is only going to cause massive gentrification, but real estate goes beyond housing.

https://cdn.corporatefinanceinstitute.com/assets/real-estate-types-300x300.png

^ you see that orange bubble right there, that's the one that was in trouble before Covid even hit the scene. So now that you have a large percentage of the workforce staying at home... what's the need for all that overpriced office space? It's not going to sell. Those movie theaters and shopping centers aren't going to thrive either thanks to Internet and Amazon. So yes, you very well could see the commercial real estate industry collapse at a rate of 50% leaving us with a shit ton of empty buildings, warehouses, and shopping malls... and if the commercial real estate industry collapses, all those over priced houses surrounding those fancy buildings go down in value as well, not to mention the jobs that those types of places provide.

And, once again... we haven't even begun to scratch the surface on climate change. Not only climate change, but water shortages & energy crisis could have a tremendous effect on the housing market in the future. That comes later down the road, which is why I said 4-8 years.




The excessive printing of money would take too long to explain as to why it makes everything artificial... but it's best simplified by pointing out that our debt to GDP ratio is well over 100%.

https://static.seekingalpha.com/uploads/2020/1/31/saupload_US-GDP-2019-debt-to-GDP.png

^ That way of life is unsustainable, and yet it's the way of life Americans have now become dependent on in order to keep a certain standard of living. When you maintain a debt to GDP ratio over 100%, you're destroying our children's and grandchildren's economy.

Free Health Care and Education for everybody? Ridiculous. Yea, I'm sure it will be quality health care, and quality education.

I'm sure they'll have another crisis to take advantage of as to why Americans are in need of a Universal Basic Income soon enough... it will be here by 2029 is my thinking.

and I'll say it again, a $3.9 Trillion Dollar Relief Package doesn't mean your economy is thriving, all it does is set aside the problem for another day, and when that day comes, it looks like UBI will be the solution... and people will celebrate that solution as if it's success. Idiots.
you the last 20 years:

OH NO WE'RE ALL DOOMED!!!!.....EVERYTHING IS GOING TO COLLPASE!!!!


https://images-na.ssl-images-amazon.com/images/I/61Ur5mtVtDL._AC_SX522_.jpg

[Nanners]

you the last 20 years:

OH NO WE'RE ALL DOOMED!!!!.....EVERYTHING IS GOING TO COLLPASE!!!!



12 years ago when the economy shit itself, the doomsday crowd was proven correct... its only a matter of time until it happens again

[tpols]

you the last 20 years:

OH NO WE'RE ALL DOOMED!!!!.....EVERYTHING IS GOING TO COLLPASE!!!!


https://images-na.ssl-images-amazon.com/images/I/61Ur5mtVtDL._AC_SX522_.jpg

Tiddy its amazing you don't consider our absurd debt and hyperinflation to be a problem but ran full sail with COVID. Its like you live in permanent opposite day.

[~primetime~]

Tiddy its amazing you don't consider our absurd debt and hyperinflation to be a problem but ran full sail with COVID. Its like you live in permanent opposite day.

we're not seeing any inflation yet...the "oh no look at the national debt" fears have literally been around my whole life, I can remember my parents talking about it when I was a child.

reality, no one is looking to collect on the debt, we can not default on it...it's not a real debt...printing up tons of fake money creates a fake debt....it might as well be a gazillion bazillion dollars.

and 20 years from today, the debt will be 20x what it is now...people will still be pointing at it as though it means something.




THE ONLY THING that matter with the debt is inflation....inflation can be harmful...but we aren't there yet and many economists don't think we're ever going to see it

[Nanners]

Tiddy its amazing you don't consider our absurd debt and hyperinflation to be a problem but ran full sail with COVID. Its like you live in permanent opposite day.

Like tiddy says:

"OH NO WE'RE ALL DOOMED!!!!.....EVERYTHING IS GOING TO COLLPASE!!!!"

someday he will be correct

[~primetime~]

Like tiddy says:

"OH NO WE'RE ALL DOOMED!!!!.....EVERYTHING IS GOING TO COLLPASE!!!!"

someday he will be correct

even if that day comes...the world collapses...spending your entire life living in fear of it is not a good way to live

[warriorfan]

even if that day comes...the world collapses...spending your entire life living in fear of it is not a good way to live

Were you saying this while they were shutting down the whole country for a virus with a 99.9% survival rate?

[~primetime~]

Were you saying this while they were shutting down the whole country for a virus with a 99.9% survival rate?

I was never shut down...and I thought covid would last like 6 months...thought it would be gone last summer.

If covid was our big "doomsday" then IMO that shows we don't have much to fear

[tpols]

we're not seeing any inflation yet...the "oh no look at the national debt" fears have literally been around my whole life, I can remember my parents talking about it when I was a child.

reality, no one is looking to collect on the debt, we can not default on it...it's not a real debt...printing up tons of fake money creates a fake debt....it might as well be a gazillion bazillion dollars.

and 20 years from today, the debt will be 20x what it is now...people will still be pointing at it as though it means something.




THE ONLY THING that matter with the debt is inflation....inflation can be harmful...but we aren't there yet and many economists don't think we're ever going to see it

Dude the economy literally collapsed in 2008. Total collapse. And we've only kicked the ball down the road since. What do you think the next collapse is going to look like?

[warriorfan]

I was never shut down...and I thought covid would last like 6 months...thought it would be gone last summer.

If covid was our big "doomsday" then IMO that shows we don't have much to fear

Your kids couldn’t go to school and you wouldn’t leave the house without a mask on over a virus with a 99.9% survival rate.

And was it you or Rufus who was having shit fits about how we need to ban guns?

“Don’t live in fear though”

:lol

[Nanners]

even if that day comes...the world collapses...spending your entire life living in fear of it is not a good way to live

Amen to that... which is part of the reason why I refuse to wear a mask


I was never shut down...and I thought covid would last like 6 months...thought it would be gone last summer.

If covid was our big "doomsday" then IMO that shows we don't have much to fear

First of all, you need to shut your ass the **** up... secondly, how dare you think that covid would only last a limited number of months. The powers that be want you to be endlessly terrified, so please try to keep your opinions within the lines of obedience.

[~primetime~]

Dude the economy literally collapsed in 2008. Total collapse. And we've only kicked the ball down the road since. What do you think the next collapse is going to look like?

2008 was a "total collapse"???

I guess we have different ideas of what a total collapse is.



I can tell you this...that isn't what Dooms' idea is...his is a mad max movie

[Gayfuk]

https://static01.nyt.com/images/2016/08/05/us/05onfire1_xp/05onfire1_xp-facebookJumbo.jpg

[Doomsday Dallas]

“Don’t live in fear though”

:lol

exactly... It's okay to be oppressed and in fear as long as it's mainstream.

[Nanners]

2008 was a "total collapse"???

I guess we have different ideas of what a total collapse is.



I can tell you this...that isn't what Dooms' idea is...his is a mad max movie

You will ride eternal, shiny and chrome

[Doomsday Dallas]

I can tell you this...that isn't what Dooms' idea is...his is a mad max movie


I just posted what my idea was... it leads to UBI....

I made a pretty good post and you resulted to Mad Max bull$hit... which is expected.

[Nanners]

I made a pretty good post and you resulted to Mad Max bull$hit... which is expected.


I witness you

[~primetime~]

okay so your 'collapse' is just a ground level bare min income?

you know what...if that is it, then I'm off here...I apologize



usually you make it out as though we are on the verge of bartering bullets for dead chickens...

[Nanners]

okay so your 'collapse' is just a ground level bare min income?

you know what...if that is it, then I'm off here...I apologize



usually you make it out as though we are on the verge of bartering bullets for dead chickens...

wow... cant believe you actually apologized for something

[~primetime~]

wow... cant believe you actually apologized for something

Over the years he's conditioned me to think he's always talking about things on Biblical 'End of Days' levels.

So if that isn't what it is...then I'm off

[Doomsday Dallas]

Over the years he's conditioned me to think he's always talking about things on Biblical 'End of Days' levels.

So if that isn't what it is...then I'm off

the subject matter in this thread is in regards to the economy... but I'll make a thread about Revelations here in a second.

[Nanners]

Over the years he's conditioned me to think he's always talking about things on Biblical 'End of Days' levels.

So if that isn't what it is...then I'm off

Obviously you are currently living in the modern end of days... overall this post represents a person with preposterously high rent, and the 2nd-3rd floor prices are where the values can be found, the painting of bill clinton in red high heels and lack of a scar 20s both hurt my feelings...

[warriorfan]

~strawmantime~

[Gayfuk]

[QUOTE]=~primetime~;14283026]2008 was a "total collapse"???

I can tell you this...[QUOTE]



https://www.youtube.com/watch?v=xXQ97OWiRbE

[~primetime~]

*my prediction* of the next 5-10 years

we are about to go through an 'economic boom' following covid...similar to the roaring 20s that followed the spanish flu...everyone will be out spending and traveling, which will create jobs/hiring, and the economy will be thrust into a boom.

Inflation? that's tricky...if the bulk of the trillions added just sit with Bezos and the other billionaires then the rest of us are still playing what the same dollars we've always had...thus not much inflation. But I do think we will see 3-4 years of 5% inflation, which is nothing "hyper". This will hit the lower class some if their salaries are stagnate, but inflation will help the upper class though as their assets inflate....creates more wealth gap which is bad.

AFTER the post covid boom?...Yes I can envision a correction of some sort. Maybe another recession but not a depression. How long the new roaring 20s will last I don't know. My guess is 5 years-ish then we will be off that high.

[Gayfuk]

*my prediction* of the next 5-10 years

we are about to go through an 'economic boom' following covid...similar to the roaring 20s that followed the spanish flu...everyone will be out spending and traveling, which will create jobs/hiring, and the economy will be thrust into a boom.

Inflation? that's tricky...if the bulk of the trillions added just sit with Bezos and the other billionaires then the rest of us are still playing what the same dollars we've always had...thus not much inflation. But I do think we will see 3-4 years of 5% inflation, which is nothing "hyper". This will hit the lower class some if their salaries are stagnate, but inflation will help the upper class though as their assets inflate....creates more wealth gap which is bad.

AFTER the post covid boom?...Yes I can envision a correction of some sort. Maybe another recession but not a depression. How long the new roaring 20s will last I don't know. My guess is 5 years-ish then we will be off that high.

^ communism

[Nanners]

*my prediction* of the next 5-10 years

we are about to go through an 'economic boom' following covid...similar to the roaring 20s that followed the spanish flu...everyone will be out spending and traveling, which will create jobs/hiring, and the economy will be thrust into a boom.

Inflation? that's tricky...if the bulk of the trillions added just sit with Bezos and the other billionaires then the rest of us are still playing what the same dollars we've always had...thus not much inflation. But I do think we will see 3-4 years of 5% inflation, which is nothing "hyper". This will hit the lower class some if their salaries are stagnate, but inflation will help the upper class though as their assets inflate....creates more wealth gap which is bad.

AFTER the post covid boom?...Yes I can envision a correction of some sort. Maybe another recession but not a depression. How long the new roaring 20s will last I don't know. My guess is 5 years-ish then we will be off that high.

my prediction is that you're about to get boomed by dooms

[Doomsday Dallas]

*my prediction* of the next 5-10 years

we are about to go through an 'economic boom' following covid...similar to the roaring 20s that followed the spanish flu...everyone will be out spending and traveling, which will create jobs/hiring, and the economy will be thrust into a boom.


you are completely ignoring what your tree-hugging globalist friends on the left want to do about climate change. You remember that fear mongering right? 12 years until the world ends or something like that.

Almost every mainstream democrat wants to address climate change in the near future. How do they do this without effecting the economy?

but yes, our stimulus checks and relief packages do serve as a stimulant which will create an enormous high... but when that high wears off, usually depression is the side effect unless you get more of the same drug. In this instance, our Covid relief packages are not the same as a cup coffee but rather a mound of cocaine. We are going to come crashing down after that high.... and the U.S. will do the only thing that it knows how to do once our economy has it's very brief version of the roaring 20s.... and my prediction is the new drug they give us will be UBI.

Either way... I'll be happy.

https://pbs.twimg.com/media/EmmjkTzXEAEKuqG.jpg

[Nanners]

Either way... I'll be happy.


You vill eat zee bugz

You vill live in zee pod

You vill take the vaccines and hormones

You vill obey

You vill be happy

https://s.wsj.net/public/resources/images/BN-EI841_schwab_GR_20140902125020.jpg

[~primetime~]

you are completely ignoring what your tree-hugging globalist friends on the left want to do about climate change. You remember that fear mongering right? 12 years until the world ends or something like that.

Almost every mainstream democrat wants to address climate change in the near future. How do they do this without effecting the economy?

but yes, our stimulus checks and relief packages do serve as a stimulant which will create an enormous high... but when that high wears off, usually depression is the side effect unless you get more of the same drug. In this instance, our Covid relief packages are not the same as a cup coffee but rather a mound of cocaine. We are going to come crashing down after that high.... and the U.S. will do the only thing that it knows how to do once our economy has it's very brief version of the roaring 20s.... and my prediction is the new drug they give us will be UBI.

Either way... I'll be happy.

https://pbs.twimg.com/media/EmmjkTzXEAEKuqG.jpg

I can see some kind of 'correction' after the post-covid high...but if you 'own nothing' that one is on you.

I don't believe things will ever get to a point where no one 'owns' anything...and I know the WEF is predicting that, but they are also predicting that by 2030 there will be humans living on Mars.

[Doomsday Dallas]

I can see some kind of 'correction' after the post-covid high...but if you 'own nothing' that one is on you.

I don't believe things will ever get to a point where no one 'owns' anything...and I know the WEF is predicting that, but they are also predicting that by 2030 there will be humans living on Mars.

Maybe they have access to the science that we don't... thus the need for a great reset.

I'm sure they won't be able to implement all these drastic economic changes unless $hit starts to get bad on the climate front.

So... I should subscribe to what the experts say about Covid but not Climate Change?

https://i1.wp.com/wattsupwiththat.com/wp-content/uploads/2018/10/12-years-cnn.png

[Nanners]

I can see some kind of 'correction' after the post-covid high...but if you 'own nothing' that one is on you.

I don't believe things will ever get to a point where no one 'owns' anything...and I know the WEF is predicting that, but they are also predicting that by 2030 there will be humans living on Mars.

you vill own nothing and you vill live in a pod

[~primetime~]

Maybe they have access to the science that we don't... thus the need for a great reset.

I'm sure they won't be able to implement all these drastic economic changes unless $hit starts to get bad on the climate front.

So... I should subscribe to what the experts say about Covid but not Climate Change?

https://i1.wp.com/wattsupwiththat.com/wp-content/uploads/2018/10/12-years-cnn.png
so now you are predicting extreme climate change because they have the secret science to see it?...and that extreme climate change will force society to live by the "no one owns anything" rules...

see this...this is why I always assume everything is on mad max levels with you...

[Nanners]

so now you are predicting extreme climate change because they have the secret science to see it?

No... he said "should I subscribe to what the experts say about covid but not climate change?"


this is why I always assume everything is on mad max levels with you...

TBH mad max levels probably arent a bad way of looking at reality... especially if youre into higher end optics.

[Doomsday Dallas]

I can see some kind of 'correction' after the post-covid high...but if you 'own nothing' that one is on you.

I don't believe things will ever get to a point where no one 'owns' anything...and I know the WEF is predicting that, but they are also predicting that by 2030 there will be humans living on Mars.

Well Time Magazine is also promoting it:

https://pbs.twimg.com/media/ElAIWEpWkAAxcQ1.jpg

It's 2023. Here's How We Fixed the Global Economy

https://time.com/5900739/fix-economy-by-2023/


In the summer of 2022, the other major crisis of our age took a turn for the apocalyptic. Climate breakdown finally landed in the developed world, testing the resilience of social systems. In the Midwestern U.S., a severe drought wiped out crops that supplied one-sixth of the world’s grain output. People woke up to the need for governments to form a coordinated response to climate change and direct global fiscal stimulus in support of a green economy.

Yet this was not about just Big Government, but Smart Government. The transition to a green economy required innovation on an enormous scale, spanning multiple sectors, entire supply chains and every stage of technological development, from R&D to deployment. At regional, national and supranational levels, ambitious Green New Deal programs rose to the occasion, combining job-guarantee schemes with focused industrial strategy. Governments used procurement, grants and loans to stimulate as much innovation as possible, helping fund solutions to rid the ocean of plastic, reduce the digital divide, and tackle poverty and inequality.

A new concept of a Healthy Green Deal emerged, in which climate targets and well-being targets were seen as complementary and required both supply- and demand-side policies. The concept of “social infrastructure” became as important as physical infrastructure. For the energy transition, this meant focusing on a future of mobility strategy and creating an ambitious platform for public transportation, cycling paths, pedestrian pathways and new ways to stimulate healthy living. In Los Angeles, Mayor Eric Garcetti successfully turned one lane of the 405 freeway into a bicycle lane and broke ground in late 2022 on a zero-carbon underground metro system, free at the point of use.


I'm just going off mainstream media here.... and our Democratic Saviors.... not Alex Jones.

[Nanners]

Well Time Magazine is also promoting it:

https://pbs.twimg.com/media/ElAIWEpWkAAxcQ1.jpg

It's 2023. Here's How We Fixed the Global Economy

https://time.com/5900739/fix-economy-by-2023/




I'm just going off mainstream media here.... and our Democratic Saviors.... not Alex Jones.

maybe you should go off Alex Jones


https://www.youtube.com/watch?v=5LXytXjwS_k

[Doomsday Dallas]

maybe you should go off Alex Jones


https://www.youtube.com/watch?v=5LXytXjwS_k


Alex Jones is on my top-5 list of greatest comedians of all time.

[Nanners]

Alex Jones is on my top-5 list of greatest comedians of all time.

:applause:

he is ****ing hilarious

[Doomsday Dallas]

we're not seeing any inflation yet...the "oh no look at the national debt" fears have literally been around my whole life, I can remember my parents talking about it when I was a child.

reality, no one is looking to collect on the debt, we can not default on it...it's not a real debt...printing up tons of fake money creates a fake debt....it might as well be a gazillion bazillion dollars.

and 20 years from today, the debt will be 20x what it is now...people will still be pointing at it as though it means something.

THE ONLY THING that matter with the debt is inflation....inflation can be harmful...but we aren't there yet and many economists don't think we're ever going to see it


you spent the last few years b*tching and complaining about the wealth gap... and you don't suspect excessive printing adds to that gap?

Our income doesn't increase at the same rate of the cost of living...

https://themarket.ch/meinung/wealth-inequality-caused-by-money-printing-ld.2730


Time Magazine’s conclusion that, «The top 1% of Americans have taken $50 trillion from the bottom 90%» is wrong! The rich have not rigged the system and are not profiting at the expense of the poor. The truth is different. The wealth and income disparity has been caused by the Federal Reserve’s money printing to pay bills and support the economy. The end result: The underlying US economy is barely growing due to the huge additions to debt.


"We haven't seen inflation, But F*ck this wealth gap!"

[~primetime~]

I literally said the lack of inflation was because the wealthy are holding all the stimulus and that is increased wealth gap "which is bad".

Go back one page.

You know how you close the wealth gap though? You're not going to like the answer... you have to tax the wealthy more and use that money to create jobs for the little guy.

Anyway... if we aren't talking end of times I'm good.

[Nanners]

I literally said the lack of inflation was because the wealthy are holding all the stimulus and that is increased wealth gap "which is bad".

Go back one page.

You know how you close the wealth gap though? You're not going to like the answer... you have to tax the wealthy more and use that money to create jobs for the little guy.

Anyway... if we aren't talking end of times I'm good.

give me money

money me

money now

me a money needing a lot now