• Coffee House
  • Not scared enough today? Check this out... (p.2)
2014/06/05 18:30:04
dubdisciple
I happen to be privy to the fact that when it all falls apart, vst plugins will become the new currency and the Bapus of the world will rule!
2014/06/05 19:05:42
bayoubill
It's OK! My X wife, that is retired from Walmart, says there are safe guards in place to prevent such things from happening like the 29' crash!
2014/06/05 19:07:03
bayoubill
I wonder if the SS picked that up?
2014/06/05 19:14:26
bayoubill
Bapu will rule!
 
MASTER BAPU
2014/06/05 19:25:08
craigb
why be scared?
 
we all know history never repeats itself.
2014/06/05 20:34:30
Ham N Egz
2015 is the target date for the next crash
2014/06/05 20:36:55
craigb
why be scared?
 
we all know history never repeats itself.
2014/06/06 12:27:31
drewfx1
why be scared?

we all know history never repeats itself.
2014/06/06 12:39:43
Moshkiae
Hi,
 
What is more scary than anything is that we're in such a society as to get overloaded with information and garbage, to the point that no one knows if anything is right or wrong.
 
In thoses days, there was no such, to the point that people even got scared poopless when Orson Welled had a little fun on the radio, and later wanted to do the same thing in the movies but a publishing empire tried to stop him!
 
However, I do think that the numbers are vastly different these days ... percentage wise. That drop relates to something that 80 years ago was totally different, and would have a much larger effect than today!
2014/06/07 09:24:27
Guitarhacker
The Hindenburg Omen..... (look it up) has been triggering more in recent months..... just another sign, not the absolute proof.
 
Another factor is BRICS.   (Brazil, Russia, India, China, Spain) These countries have formed a pac, as well as rumors that Russia, China, and some middle east countries want to start trading oil in "other than the US currency world reserve".   That's perhaps the most frightening of the indicators that trouble is coming.  Consider that more than a few countries would like to see the US dollar removed as the world's trading currency standard. Look at what happened to and in Britain when the Pound Sterling was replaced by the dollar as the world reserve currency. The British empire fell apart in a catastrophic way and did so rather quickly. Britain went from THE world power to a small island in the North Atlantic almost overnight.
 
Combine all that with a posted national debt approaching 18 trillion and unfunded debt in excess of 100 trillion that no one likes to talk about..... considering that I've heard an estimate that all the wealth in the world is estimated at around 350 trillion..... we own 1/3 approx of that debt....
 
Interest rates are being kept artificially low for a reason. That reason is simple arithmetic. If interest rates rise, the money owed on our debt in interest payments would quickly exceed the income through taxes, and the ability of the US to make those interest payments to the bankers would not be possible to make.
 
Make no mistake..... that day is coming.... one way or another.
 
The economy can not remain propped up by the fed pumping more money into the supply.... (inflating the dollars) since they know good and well that we are on a dangerous course by doing that. No country, no economy has ever come out of that intact. But, on the other hand, if they stop pumping, the markets collapse. Watch the markets when they announce a simple cutting back or reduction in the amount of pumping. We're currently in the proverbial place of being between the rock and the hard place. They know it. Anybody notice the number of bankers in the top banks that have been committing suicide recently?
 
When will it happen? How will it happen? No one has that answer. There will be a trigger event, and when it happens, hold on.... because it will be one wild and crazy ride. Life as we know it will likely change in dramatic ways.
 
OK..... enough of my ramblings..... I got chores to do and preps to make....

BTW: I hope I'm truly way, way, way, off base in my thoughts and predictions......and all this will just be a little bump in the road to better things.....
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