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When Will The Economy Collapse?



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'The economy' is something that works against...

the individual.

Rent. Food. Transportation.

Individual action is the thing that keeps these forces at bay.

ergo,

The economy will collapse when the back of America breaks.

Tweeting occasionally as himself @cudnoski on the twitter.

It will come from a source

It will come from a source not foreseen even in this video

September 9, 2013.

September 9, 2013.

The 61st anniversary of the release of...

'From Major Jordan's Diaries'.

Telling...

Tweeting occasionally as himself @cudnoski on the twitter.

Imo

When the bolscheviks gain control.

donvino

Good point donvino

But, the only difference this time is people see it coming. I'm sure they have a plan for that. But we will see.

They only survive with mindless support.

You are correct, THEY are going into overtime and people are planting gardens.

I'm betting on humanity.

When

The stock and bond markets may crash (soon I hope I am short the stock market), but the economy probably won’t crash until we can no longer service our debt…..that assumes our external debt does not come washing back on our shores like a tsunami.

"Before we can ever ask how things might go wrong; we must first explain how they could ever go right"

F.A.Hayek

I hope soon

because the Zombies will never wake up until shit hits the fan.

Cyril's picture

Yesterday?

Yesterday?

http://youtu.be/dv7H7iiyBsw

"Bear."

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Excellent short vid explaining the Dow/Gold ratio.

And what 'purchasing power' means.

"By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft." — John Maynard Keynes

(the father of 'Keynesian Economics' which our nation now endures) in his book "THE ECONOMIC CONSEQUENCES
OF THE PEACE" (1920).

Just to keep you honest base1aransas

Keynes may have wrote it, but Vladimir Lenin said it. Here is the proper context of the passage and i used it last week when talking to Bill3

“The best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security but [also] at confidence in the equity of the existing distribution of wealth.

Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become "profiteers," who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the public. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

Vladimir Lenin

"Before we can ever ask how things might go wrong; we must first explain how they could ever go right"

F.A.Hayek

watching now

real bummer, which I do not believe is how solutions come about.

I think each individual goes through ups and downs, so when you are in an economic downturn, then YOU experience a collapse. Does it matter if everyone else does? Maybe it's worse when it's YOU, alone, and everyone else is doing OK?

Blaming oil and the military is not a solution, and the petrol dollar is not global.. Is he talking about central banking, or private banking.. he brings up countries that also have central(socialist) banking.

He knocks America and corporations. So is he for global government and government jobs replacing corporations?

He uses RT, a globalist propeganda machine as reference to a coming WWIII, which has not begun, IMO.

Iran was once known as Persia. It's name was changed to reflect it's global allience (Ayrian).

As for the clip from Washington Istitute, the speaker mentions what most here consider false flags, or inside operations to give US wars, and why? Because our military has always been DEFENSE. We now believe many of these wars were "central bankers" wars. Wars against private banking for Central banking. When we talk about Iran, which is why he brought up the petrol dollar, we are talking about a problem for Saudi Arabia, where we once took the oil, the oil is now going to the EU and China. So we do have a cold WW happening. Who are we fighting for? The EU? China? The U.N. and all the little nations that depend on us? Or are we fighting for them to be our slaves so that 40% of our own population can live off government checks, welfare, grants, subsidies, food stamps, own a car, cell phone and remain on the USA poverty level?

The news article from the Israeli Times shows us the connection between Syria and Russia. Russia has long been an enemy of Israel, least we forget the Refusnics, and Syria has a strong connection with Islam, which was created to wipe out the Jews in the name of peace.

Let's not forget, it was Russia that provided WMD to Egypt and Syria in the 6 day war, which Israel won. Israel is not worried. Why are we?

So then he names the Council of Foreign Relations (might as well be the club for politicians to talk), with James Baker, Hillary Clinton, talking about "taking out Iran" and for the sake of who? Israel has said many times.. "we don't need your help. We can wipe out Iran even with Russian backing". Israel is not worried, why are we? And Clinton is no longer SOS. So though the vid was posted three days ago, it's using OLD news to make it's point.

Then he says tptb want to kick off this conflict very soon. BS.

If the US and NATO go into Syria.. then we have the USA not defending the USA, but the U.N... and who would be behind that?

So now he claims that the ptb (who, the USA, UN?) Becuse he does not believe that Russia arming Syria and entangling itself with Syria is creating a problem?

The next speaker is about an international currancy. It's allready here. Virgin Austrailia is issuing travel cards,, looks like a fancy Visa, you use it globally, slide your card like you would for an ATM. I think it's going to be very popular.

12:20 he finally admits, he can't tell you when there will be a global collapse. So IOWs his vid is fearmongering HATE America BS.

He's still going on aboout oil. And this reminds me of one reason I LOVE Israel.. Israel strives to thrive without oil, and doesn't need, or want, a UN Agenda to make that happen. They have been creating alternatives and solutions that are working. Look to Israel for not only answers, but solutions.

Now he's calling for widespread civil and military disobedience. What will that win us? Marshall law or a Military coupe or a civil war. Is that what you want?

StormCloudsGathering is a fearmongering globalist anti-America, pro-collapse propeganda machine. I don't buy it, and if you want to prosper and live in peace, you won't either,

So many different points!

I can't vote up or down!

I think each individual goes through ups and downs, so when you are in an economic downturn, then YOU experience a collapse.

True

Does it matter if everyone else does?

Yes

Maybe it's worse when it's YOU, alone, and everyone else is doing OK?

It might be worse, but its probably your fault if that is the case.

Blaming oil and the military is not a solution...

Too simplistic. Nobody blames oil or the military. Its a deeper issue than that.

and the petrol dollar is not global..
Yes, it is. All other currencies are just dollars with different pictures.

Is he talking about central banking, or private banking..
In the current monetary system, there is no difference

he brings up countries that also have central(socialist) banking.
All nations do except for Iran, North Korea, and Somalia. Before 9/11/2001, Afghanistan, Iraq, and Libya also did not have central banks. Libya accepted a central bank in 2003 and had immediate high level inflation. Afghanistan is still a wasteland.

He knocks America and corporations. So is he for global government and government jobs replacing corporations?
Waaay too simplistic and not true at all. He knocks the unlawful combination of private and public which destroys the integrity of both

He uses RT, a globalist propeganda machine...
Actually, its a Russian government propaganda machine.

as reference to a coming WWIII, which has not begun, IMO.
When did WW2 begin? Answer carefully....

Iran was once known as Persia. It's name was changed to reflect it's global allience (Ayrian).
They speak Farsi and didn't do anything to their name. English speakers started calling it Iran instead of Persia... both English names.

I'm too tired to continue... you are extremely confused about a great many things I am afraid. No offense intended by that comment.

petrol dollar

here's a wiki link on the petrol dollar.. where's China? http://en.wikipedia.org/wiki/Petrodollar

There is a didderence between private banking, such as swiss bank accounts and central banking.

"Afghanistan is still a wasteland." That's what drugs can do.

This.. way too somplistic.. ok I'm being simplistic because these are my notes I'm tyoing as I'm listening.

"Unlawful between public and private?", What are you talking about?

When did wwII begin? Talk about simplistic. Why not tell me because generally I'd say 1924

Yes, Persians speak speak farci..

Corporatism

Private and public were meant to be apart. They are now combined.

There is a space that is private and the concepts of republican limited government espouse protections of the private from the public.

The public is government in some form. The state. The public was broken up into various federalist layers of government from local to state to national. Each level of government was established in a republican format with a division of powers between executive, legislative and judicial.

When the public begins to disregard the rights of the private, circumventing and/or ignoring the law (such as Bill of Rights), then the lines between public and private becomes foggy.

When the public appropriates land from one private party to award to a different private party, that is pure corporatism. See Kelo vs. New London.

When private corporations buy congress and congress passes laws that favor those corporations over the public good, there is corporatism.

When the NSA collects data with the help of private corporations and then gives private corporations the private data of citizens to use for marketing or employment purposes, that is corporatism.

When labor unions are able to get the national congress and presidency to stuff shareholders and bondholders but award bailouts to workers when a large corporation fails, that is corporatism.

Read August Compte. He is considered the grandfather of sociology. He called for government by a combination of the most elite bankers, industrialists and scientists. This was over 100 years ago. Fascism was an early attempt at this. Different countries have experimented with different ways of combining public and private so that neither are distinguishable from one another for 100 years now. In the USA, this has been going on since 1913 and in earnest since the New Deal of the 1930s. It keeps tweaking its implementation, but it is the same beast.

Okay...

here's a wiki link on the petrol dollar.. where's China?

Incorrect. China's currency has been pegged to a basket of dollar based currencies. That may change soon but so long as the current monetary system remains in place, China will be issuing a Yuan that is basically a dollar in disguise.

There is a didderence between private banking, such as swiss bank accounts and central banking.
No difference. In fact, I dare you to try and open a Swiss bank account if you are a US citizen and see if they will do it for you. The hub of all central banking is the Bank for International Settlements, located in Basel, Switzerland. The only arguably private bank left outside the central banking system is some gold that a relative will lend you at interest.

When did wwII begin? Talk about simplistic. Why not tell me because generally I'd say 1924
Why did you pick the date 1924? What happened in that year that began World War 2?

Yes, Persians speak speak farci..
And the west finally decided to start calling them by their farsi name of Iran, rather than the English made up name of Persia. Persia is not accurate because Iran is a combination of the Persian and Median tribes. Cyrus the Great, founder of Iran, was descended from both tribes and unified them. They have remained unified since and are Iran.

Thanks rpanico

I didn't have a clue as where to start with a response to Granger's post, it seemed hopeless.

I, too,

was very confused as to why he kept referencing the CFR! I also thought he meant The Council on Foreign Relations...but later on in the video he specifically says: Code of Federal Regulations.

I don't pretend to know if and when our (or worldwide) economy will collapse. It has already stayed afloat (barely) much longer than I ever dreamed possible...

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

Granger

I chose to live in Truth and Liberty.

Has it ever occurred to you that "Old News" is History?

base1aransas

Truth is like 6 blind men and an elephant and Liberty is being responsible for your own actions. Which part of the elephant do you have a hold on and what are you going to do with it?

Yes, old news is history, written by winners.

Original Sources

So if I have a bunch of letters written by German soldiers in 1942 to their families, that history was written by the winners?

Depends on the letters

.

God Bless you Granger.

I'm not going to block you or anything at this time. But I'm not going to spend much time replying to you either.

You seem to have NO respect for the individual, but total respect for a team you hope to win.

Liberty doesn't work that way and I don't think you learned anything from Ron Paul over your years of support.

What?

I have no respect for the individual?

I am an individual, and I represent myself.

If I did not respect individuals, I would be silent and say nothing when I did not agree. I would make posts to what appeared to be popular, or unpopualar, to get the collective to upvote me. I would avoid down votes. I would post to be popular, not stand out as an individual, but rather, stand out as one who supports the majority.

My committee is a liberty committee, a committee of individuals who do not agree on all issues, but what we do agree on is that liberty is for individuals and worth fighting for, and you can't beat a collective as an individual.

Ron Paul needed hundreds of people to get the nomination. We did not all agree with each other, nor did we all agree with Ron Paul 100%.

Perhaps truth to YOU is as you describe above, Granger.

But your definition is nothing but illogical.

Whatever actually happened in the past, is still the truth. It can be twisted by anyone, or it can be discovered, spread, and learned from.

I'm afraid you have taken a defeatist attitude that is afraid of reality, and don't have the courage to figure things out on your own.

...

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