From a recent discussion of the economic situation.
"The social contract has been broken, most of the governments are broke, they can't pay out all of the benefits and pensions.
Especially Europe. The Euro as we know it is not a question of if, but when it dissolves. Germany is floating everyone's free party down in southern Europe." - Ed Dowd
You can make a lot of money if you know when the Euro will die.
Two ways forward-
Jubilee: default, full reset, all debts cancelled
War: the only narrative that can sustain inflation long enough to monetize the debt
Elsewhere I saw this prediction of mortgage rates possibly getting into double digits:From WSJ on housing and mortgages:
- mortgage applications lowest in 28 years
- April to June is traditionally when 40% of housing sales occur, looks to be off by 40%
- supply is stable but not selling
- expecting interest rate increases to continue [prior to SV bank failure]
- don't expect housing to recover until we get 3 rate decreases
Most of the video was vax related and I did some FF. The little chat about economics is near the end [1:34]
FWIW Ed also says he believes there is an attempt being made to put a control system in place prior to collapse.
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03-10-2023, 12:41 PM #1
The Social Contract Is Broken, Most Of The Governments Are Broke...
INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
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03-10-2023, 12:42 PM #2
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03-10-2023, 12:44 PM #3
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03-10-2023, 12:50 PM #4
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03-10-2023, 03:14 PM #5
The only purpose of the government is to funnel all of the populations money into the hands of the wealthy elite and they are all in on it. Everyone of them on the same side working towards the same goal. Biden and Trump could very well be BFF behind the scenes. These people have significant resources available to them, they literally murder with impunity right in front of our faces, they have every single piece of information anyone anywhere has and it isn’t even close.
To believe anything done by those people is coincidence, accident, luck, or as a result of current global climate, is to be extremely naive.
They have been brain washing us for generations and has been effective.I only read thread titles and my own posts.
cVc (OIF/OEF): *Retired*
Sorry for perfect english; I have a degree.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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03-10-2023, 03:27 PM #6
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03-10-2023, 03:33 PM #7
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03-10-2023, 03:33 PM #8
Also this.
Lol @ thinking republicans are some sort of savior. If they where they’d have populist policies protecting the US RE market from black rock and foreign money or elections from special interest lobbyists. They don’t fix anything. They just give us tax cuts and promise not to infringe on the 2A while giving us a slower death than Democrats.
I remember being a teenager and just thinking politicians where incompetent but then as I started reaching my 20s I realized my CT dad was right and everything is by design.
Voting truly doesn’t matter or else no one would be allowed to vote. Let that sink in.
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03-10-2023, 03:43 PM #9
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03-10-2023, 04:17 PM #10I only read thread titles and my own posts.
cVc (OIF/OEF): *Retired*
Sorry for perfect english; I have a degree.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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03-10-2023, 04:21 PM #11
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03-10-2023, 04:26 PM #12
We in the west are in for a world of hurt. While other resourceful nations are building economies based on metals and natural resources, we are still doubling down on debt based fiat currency. It can't last. We will need to work overtime to build something worth trading on the world scale if we want to maintain any semblance of the quality of life we're used to.
Fukking sucks because I'm in the middle of correcting my status and accessing my SS trust but feel like by the time I do, it'll all be down the chitter.#sunyourballs
Unvaxed sperm is the next Bitcoin
ⒻⓊⒸⓀ ⒷⒾⒹⒺⓃ
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03-10-2023, 04:29 PM #13I only read thread titles and my own posts.
cVc (OIF/OEF): *Retired*
Sorry for perfect english; I have a degree.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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03-10-2023, 04:31 PM #14
Since when is government corruption a conspiracy theory?
I don't think that literally everyone who is successful in life is a dirty cheater of some type, but the bigger the fortune the higher likelihood there is that *someone* got cheated a little or a lot or there was some sort of illegal activity or coercion via control or corruption of banking or government was leveraged.INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
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03-10-2023, 04:33 PM #15
So something like 90% of the worlds richest people got there by their own inventions, business growth, etc. The government had very little to do with it.
Yet, despite that fact, you think this HUGE organization of hundreds of thousands of people (the government) is all in on this secret that it's designed to make the wealthiest more wealthy?
But... it's not working? The money is going towards private entrepreneurs? Their entire big secret doesn't even work? Lol ok. Trump himself has lost significant wealth since being president.
It's just illogical.
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03-10-2023, 04:34 PM #16
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03-10-2023, 04:48 PM #17
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03-10-2023, 05:28 PM #18
So you don't actually have a rebuttal is what you're saying?
Look at the worlds richest and how they got there. It's not the government. It quite literally proves that either
A) the theory is misguided and false, or
B) There is some gigantic secret that thousands and thousands of people meet, organize, discuss and somehow keep a secret, yet, their efforts to make some people richer isn't actually working.
Additionally, a lot of people in government who helped build this secret structure would have to agree they won't get rich.. but they're "trying" to do it for other people and not them, at risk of major social lashback if they were caught with this big secret?
Again, illogical conspiracy theory.
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03-10-2023, 07:29 PM #19
Katya you cannot have these conversations without understanding who is central to this all and how it got here. Every western democracy has essentially been captured by a small group of people that exert an enormous amount of control over the citizens through mass formation psychosis and legislation. Nothing they do is to the benefit of those citizens, on the contrary everything is for the supposed benefit of that small group alone. The plan is to actually destroy these countries while they maximize profit.
Media is captured
Academia is captured
Tech companies are almost all captured
Finance is captured
Government is corrupt and bloated
Key positions within large companies that hold monopolistic power are captured
They own the NGO's which are subversive, cultural and political sledgehammers.
People say this is impossible and its all a conspiracy theory, but its not a conspiracy theory its simply the output of a small percentage of ethnic religious supremacists following their religious doctrine. Its baked into their religion. When that 2% operates the way they do and they exploit the social contract, they capture power rapidly.
Ignore the accusations of racism and anti semitism and LOOK AT IT OBJECTIVLY. Remove the emotion from it.
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03-10-2023, 07:38 PM #20
What the fuk are you talking about go look at every single SEC regulator and look at their resume before SEC.
Now go look at ex SEC regulators and compare the pay bump.
Look at the same thing with pharma company’s and CDC.
Go look at donation practices of people like SBF.
Just blow it out your ass with “hurr durr the rich aren’t lobbying bullchit policy’s” that are only designed to increase their wealth (unfairly, it’s why they need the regulators and legislators help) while the media whips people up in a frenzy over trannies and Ukraine
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03-10-2023, 07:49 PM #21
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This has been my base case assumning that no actual war breaks out. I'm 50/50 if we actually get into a ground conflict either foreign or a civil war here. I think the only solution to this is prevailing US nationalism but that would certainly take a revolution at this point.
Live & Direct from rural Iowa- GBR
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03-10-2023, 07:51 PM #22
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03-10-2023, 07:54 PM #23
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03-10-2023, 08:02 PM #24
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03-10-2023, 10:20 PM #25
successful troll is successful
I only read thread titles and my own posts.
cVc (OIF/OEF): *Retired*
Sorry for perfect english; I have a degree.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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03-10-2023, 10:23 PM #26
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03-10-2023, 10:27 PM #27
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03-10-2023, 10:41 PM #28
There you go with whites again. Really do have a lot of pent up resentment eh?
You should be grateful to the Jews and Whites. The whites had the farms for your ancestors to work on, and the Jews had the ships and slave trade to bring your people over. If not for either, you would be digging up cobalt for electric vehicles being sold in China.
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03-10-2023, 10:42 PM #29
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03-10-2023, 10:45 PM #30
- Join Date: Oct 2008
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