20 NEW Signs Of The Imminent Economic Collapse 2019 Stock Market CRASH! - GoFuckYourself.com

pimpmaster9000 · 06-06-2019, 04:43 PM

cold hard facts...no bullshit, no fluff...business and store closures have already surpassed the total in 2018 and we are only in June!!!...137 million americans have reported medical financial pain...insured americans borrow 88 billion$$/year for healthcare regardless of insurance...credit card charge offs at 2008 levels...credit card delinquency also since 2008...auto lonas the same...record after record for homelessness is being broken...102 million americans do not have a job...

the only thing booming seems to be delinquency trends for credit

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Rochard · 06-06-2019, 04:48 PM

Trump removed all of the protections we put in place after the last recession. But hey, no worries, we are winning, right?

ilnjscb · 06-06-2019, 04:49 PM

We're doomed - doooooooooooooooooomed!1!!!!!

OneHungLo · 06-06-2019, 04:51 PM

Yet won't take my simple $100 dollar bet that the DOW hits 30k by Jan 1st, 2020

pimpmaster9000 · 06-06-2019, 05:06 PM

Quote:

Originally Posted by OneHungLo

Yet won't take my simple $100 dollar bet that the DOW hits 30k by Jan 1st, 2020

and you wont accept mine that it wont remain above 30K at Jan1 2020

OneHungLo · 06-06-2019, 05:14 PM

Quote:

Originally Posted by crucifissio

and you wont accept mine that it wont remain above 30K at Jan1 2020

Nice try

but If you're so confident that it's going to crash you would take it.

pimpmaster9000 · 06-06-2019, 05:15 PM

Quote:

Originally Posted by OneHungLo

Nice try

but If you're so confident that it's going to crash you would take it.

and if youre so confident it is booming you would take my bet...but you do not...because you know whats up

Idigmygirls · 06-06-2019, 05:29 PM

Quote:

Originally Posted by OneHungLo

Yet won't take my simple $100 dollar bet that the DOW hits 30k by Jan 1st, 2020

I'm not sure I would make that bet either, even if the market does "crash."

The issue is that the FED is boxed in, and they really have limited options. Without going into the whole thing, I can summarize by saying that the entire "recovery" from the Great Recession has been caused by money printing - in all it's nouveau forms like Quantitative easing and negative interest rates. It's easy to make the economy appear to be booming when it is paid for on credit.

The problem is that the amount of debt on government and corporate balance sheets is now unprecedented.

This means that the FED cannot raise interest rates in any meaningful way or they will bankrupt the Fortune 500 and the US government. In fact, they can't really end QE without causing a US dollar shortage that will result in a similar widespread bankrupting of global institutions.

The only remaining policy option is to cut interest rates to zero or negative and to increase money printing.

Money printing to solve the problems that have only gotten worse by living on the USA's 10 Trillion dollar credit binge will cause inflation that will be extraordinary (I'd say hyperinflationary, but that won't happen right away, certainly not by 2020).

With runaway inflation caused by massive money printing and negative interest rates, the stock market may well hit 30k by January 2020, but the VALUE will be far less than it is today (as measured by gold or oil or commodity prices).

So, there's the problem: the worse the economy gets, the higher the NOMINAL stock value may become, but the less valuable it actually is.

Now, offer me the bet in terms of the stock market priced in GOLD, and that'd be worth taking

OneHungLo · 06-06-2019, 05:30 PM

Quote:

Originally Posted by crucifissio

and if youre so confident it is booming you would take my bet...but you do not...because you know whats up

Look, If it hits 30k and pulls back to 29,500 at jan 1st i'd lose. Admit it .. You are definitely not confident AT ALL that the market will crash. 30k is a far ways off.

pimpmaster9000 · 06-06-2019, 05:31 PM

TampaToker · 06-06-2019, 05:41 PM

Quote:

Originally Posted by Rochard

Trump removed all of the protections we put in place after the last recession. But hey, no worries, we are winning, right?

Peopel need to police there own protection instead of worrying what the politicians are going to to protect you.

Idigmygirls · 06-06-2019, 06:04 PM

Quote:

Originally Posted by TampaToker

Peopel need to police there own protection instead of worrying what the politicians are going to to protect you.

So how is an individual supposed to do that when the government endorses banks to engage in high risk behaviour again? How do individuals police their own protection against bail-ins where their money is confiscated by the bank in a failure?

I'm all for individuals taking responsibilities, but the same holds true for bankers and big corporations. If they fail, it should not be the individuals who have to bail them out because the politicians removed protections.....

VRPdommy · 06-06-2019, 06:37 PM

My advise is to keep enough in cash to keep you afloat for 2 years.
The banks are not doing anything for you keeping it with them.
You have little to nothing to loose.

But if things turn really bad, cash will not do you anything anyway.
You will need what people need. Food, water, shelter.
Choices choices...

No matter what, the greedy will engineer a way out. Will it benefit you ?

huey · 06-07-2019, 10:13 AM

Bookmarked.

Rochard · 06-07-2019, 10:23 AM

Quote:

Originally Posted by TampaToker

Peopel need to police there own protection instead of worrying what the politicians are going to to protect you.

So what you are saying is you don't want the government to protect our economy or our citizens; You just want our government to look the other way while the banks and big businesses run hog wild and run the economy back into the ground....

That's insane.

BaldBastard · 06-07-2019, 10:40 AM

Hows that new jobs report going? Was it 65% or 75% down on expectations?

Economic collapse really depends on G20 meeting this week. Lets see what team Dotard achieves.

If the jobs number is good the economy is good, so buy stocks. If the jobs number is bad, the Fed will cut rates...so buy stocks.

^^ something's not quite right... reality correction coming

crockett · 06-07-2019, 11:32 AM

Quote:

Originally Posted by crucifissio

cold hard facts...no bullshit, no fluff...business and store closures have already surpassed the total in 2018 and we are only in June!!!...137 million americans have reported medical financial pain...insured americans borrow 88 billion$$/year for healthcare regardless of insurance...credit card charge offs at 2008 levels...credit card delinquency also since 2008...auto lonas the same...record after record for homelessness is being broken...102 million americans do not have a job...

the only thing booming seems to be delinquency trends for credit

suckkkkkkkkkkk

suckkkkkkkkkkk

suckkkkkkkkkkk

I wouldn't chant too much because Russia is not isolated. America is the world's largest economy. If we hurt, everyone else does as well.. That includes Russia...

The united states has been the world's largest economy since 1871. California has a bigger economy than Russia as does NY and I think even Texas has a bigger economy than Russia.. Even in a down turn, we still don't hurt like Russia does in it's best times..

Yes, when we have down turns here people lose money, some people lose their McManisons and some can't buy that new big screen.. but we aren't fighting over potatos..

Bladewire · 06-07-2019, 08:06 PM

Trump took less than 3 years to fuck up Obama's kick ass economy. Sad

Bladewire · 06-07-2019, 08:22 PM

Quote:

Originally Posted by MrBaldBastard

Hows that new jobs report going? Was it 65% or 75% down on expectations?

Economic collapse really depends on G20 meeting this week. Lets see what team Dotard achieves.

If the jobs number is good the economy is good, so buy stocks. If the jobs number is bad, the Fed will cut rates...so buy stocks.

^^ something's not quite right... reality correction coming

↑↑↑ Truth

VRPdommy · 06-07-2019, 09:26 PM

The future economy is always based on confidence one has about the economy of today, leading into tomorrow.

Being 'your outlook for the future' to the point of if 'you would spend money' today.
This comes when you have more money in your pocket at the end of the month, OR, when the numbers of your 401k report make you think you are richer without actually cashing out. (no net realized gains)

If none of the above is familiar to you, you are likely poor working class living paycheck to paycheck. And you could care less as you have other, more important issues. You are willing to take any plan that promises something better.

Politics has eaten into all of this because congress can control your outlook through spending.
Most of it starts with infrastructure spending because no single other item can show direct result in the economy in jobs you can see the progress of and dollars than infrastructure spending. But it normally takes 2 years to really change minds after the dedication of funds.

So it is a issue every election.
Those who want to starve the economy to change the next election.
Those who wish to be champion of the working man.
And those who just want clean water and fair roads/bridges that are safe and a promising education for your kids..

Where do you fit in ?

A good economy can be generated by talking heads who speak highly of it and give you a false feeling of confidence, and you go on a spending hike and it creates a warmer economy all by itself.
Just know that does not mean you are better off for the future.

There has been a pattern here, is anyone seeing it ?
Each cycle has been worse for the consumer. Your buying power goes down with your savings rate. No economy does 'truly well' were it does not save.
But... the American biz has replaced the American consumer for importance at the governmental level... in the case you have not noticed that either.

Moral...
Doom and gloom or super prosperity, it's all the BS you want it to be !
You can wish it in or wish it away, but more often with help from the outside.
What do you want to believe today ?

pimpmaster9000 · 06-08-2019, 12:25 AM

Quote:

Originally Posted by crockett

I wouldn't chant too much because Russia is not isolated. America is the world's largest economy. If we hurt, everyone else does as well.. That includes Russia...

The united states has been the world's largest economy since 1871. California has a bigger economy than Russia as does NY and I think even Texas has a bigger economy than Russia.. Even in a down turn, we still don't hurt like Russia does in it's best times..

Yes, when we have down turns here people lose money, some people lose their McManisons and some can't buy that new big screen.. but we aren't fighting over potatos..

on the contrary...it is not the one with the most money that survives but the one who needs the least...who will go under first, the one who has to pay 2000$ rent or the one living in the commie free housing?...the one who needs to make 50K/year to stay fed and housed or the one who needs to make 2K?...

I would compare it to an extinction event like with the dinosaurs...the ones who needed the most food, the large powerful dinosaurs, died out first...the ones who needed the least, the cockroaches, survived no problem...

oh and lets not forget that you guys make nothing these days....its very very very very hard to find "made in USA" products anywhere in the world...I mean sure I can buy "Nike" here but its made in thailand...all you have going for you is printing money and forcing others to give you goods and services in return for inflation...this will end soon

06-06-2019, 04:43 PM	#1
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	20 NEW Signs Of The Imminent Economic Collapse 2019 Stock Market CRASH! cold hard facts...no bullshit, no fluff...business and store closures have already surpassed the total in 2018 and we are only in June!!!...137 million americans have reported medical financial pain...insured americans borrow 88 billion$$/year for healthcare regardless of insurance...credit card charge offs at 2008 levels...credit card delinquency also since 2008...auto lonas the same...record after record for homelessness is being broken...102 million americans do not have a job... the only thing booming seems to be delinquency trends for credit suckkkkkkkkkkk suckkkkkkkkkkk suckkkkkkkkkkk __________________ Report a suspicious cracker: Click Here

06-06-2019, 04:48 PM	#2
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,618	Trump removed all of the protections we put in place after the last recession. But hey, no worries, we are winning, right? __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

06-06-2019, 05:31 PM	#10
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	__________________ Report a suspicious cracker: Click Here

06-07-2019, 10:13 AM	#14
huey Confirmed User Join Date: Apr 2003 Location: vancouver Posts: 3,721	Bookmarked. __________________ opinions are like assholes................. "They aren't after me, they are AFTER YOU! Im just in their way" -D.J. Trump

06-07-2019, 08:06 PM	#18
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Trump took less than 3 years to fuck up Obama's kick ass economy. Sad __________________ Skype: CallTomNow

06-06-2019, 04:49 PM	#3
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,851	We're doomed - doooooooooooooooooomed!1!!!!!

06-06-2019, 04:51 PM	#4
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	Yet won't take my simple $100 dollar bet that the DOW hits 30k by Jan 1st, 2020

06-06-2019, 06:37 PM	#13
VRPdommy Too lazy to set a custom title Industry Role: Join Date: Oct 2014 Posts: 11,235	My advise is to keep enough in cash to keep you afloat for 2 years. The banks are not doing anything for you keeping it with them. You have little to nothing to loose. But if things turn really bad, cash will not do you anything anyway. You will need what people need. Food, water, shelter. Choices choices... No matter what, the greedy will engineer a way out. Will it benefit you ?

06-07-2019, 10:40 AM	#16
BaldBastard Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: Sydney Posts: 16,052	Hows that new jobs report going? Was it 65% or 75% down on expectations? Economic collapse really depends on G20 meeting this week. Lets see what team Dotard achieves. If the jobs number is good the economy is good, so buy stocks. If the jobs number is bad, the Fed will cut rates...so buy stocks. ^^ something's not quite right... reality correction coming

06-07-2019, 09:26 PM	#20
VRPdommy Too lazy to set a custom title Industry Role: Join Date: Oct 2014 Posts: 11,235	The future economy is always based on confidence one has about the economy of today, leading into tomorrow. Being 'your outlook for the future' to the point of if 'you would spend money' today. This comes when you have more money in your pocket at the end of the month, OR, when the numbers of your 401k report make you think you are richer without actually cashing out. (no net realized gains) If none of the above is familiar to you, you are likely poor working class living paycheck to paycheck. And you could care less as you have other, more important issues. You are willing to take any plan that promises something better. Politics has eaten into all of this because congress can control your outlook through spending. Most of it starts with infrastructure spending because no single other item can show direct result in the economy in jobs you can see the progress of and dollars than infrastructure spending. But it normally takes 2 years to really change minds after the dedication of funds. So it is a issue every election. Those who want to starve the economy to change the next election. Those who wish to be champion of the working man. And those who just want clean water and fair roads/bridges that are safe and a promising education for your kids.. Where do you fit in ? A good economy can be generated by talking heads who speak highly of it and give you a false feeling of confidence, and you go on a spending hike and it creates a warmer economy all by itself. Just know that does not mean you are better off for the future. There has been a pattern here, is anyone seeing it ? Each cycle has been worse for the consumer. Your buying power goes down with your savings rate. No economy does 'truly well' were it does not save. But... the American biz has replaced the American consumer for importance at the governmental level... in the case you have not noticed that either. Moral... Doom and gloom or super prosperity, it's all the BS you want it to be ! You can wish it in or wish it away, but more often with help from the outside. What do you want to believe today ?