It’s a repeat of 2008. This time the banks are betting on the bailouts which is apparent from the complete lack of risk management. I’m amazed Biden is willing to run again as whoever takes the next cycle is going to be absolutely assfucked by this current administration’s actions.
They might let Trump win to deal with this bullshit and get the economy moving, and then swoop in and take the credit after his term, laugh at him while he gets betrayed in office again and again, shore up their power structures during that time and lure conservatives into complacency all in one fell swoop.
The biggest piss take is when you know all these things and they think you don't know what you're talking about with anything and brush you off in their typical manner. Until it of course happens exactly like you pointed out and then you get the gaslighting treatment from the same people who were in denial or they just stay silent about it.
years back, i looked into making an algorithm that takes these high profile "advisors", and betting against them. more often than not, their advice goes bust. the only difficulty is timeline.
Can't have a reasonable business plan these days where you automatically filter out the wheat from the chaff and have a stable cash flow. You have to make sure they are so terrible with money that they default in 5 years and the bank can sell the house for a profit.
Cramer is part of the demoralization team, they let him know what's going to crash so he promotes it and they laugh for days at the idiots who trust the TV when it crashes.
Occam's Razor suggests conspiracy is true when "experts" are consistently wrong to the point of mathematical absurdity.
Demons are often represented as evil clowns and jokers. If I was evil I would be doing the same thing to destroy people's lives, and laugh about it, just as these freaks on TV do.
But it’s not. They’re going to tank the “small” banks and roll them into fucking mega banks. You can still get a latte in every tom-dick-and-harry coffee shop. This shit is not falling any time soon
The upper class were saved and the job market in Seattle plummeted. Then, when everyone who wasn't upper class complained, the politicians aimed them at stuff like Republicans, or small businesses.
The boomers I'm surrounded by RL barely comprehend what's happening. They're acting like I'm doing fuck all when in reality I'm prepping hard for an economic collapse which includes shit like having food growing out my garden constantly and making sure I'm a completely debt free home owner. I've got seeds in stock as well and potentially plan on getting more when I can.
My next move now all of that's being done is going to be stockpiling canned food and I've also got a plan prepared using power banks for when we inevitably get rolling blackouts due to economic collapse and infrastructure failure. If you think Biden is bad these are supposed to people who don't have dementia and have their shit together. They honestly think if I go work for a company or whatever it's going to be still standing by the end of next year when it clearly isn't, also why I'm focused on building a business that can potentially weather the storm.
Thankfully, because I'm in Yorkshire, we can get rainwater by accident because of how much rainfall happens here. So there's very little chance of us running out of drinking water or anything like that. If there's new banks collapsing one by one then you're completely right this is a 2008 crash waiting to happen.
LOL it does depend on which parts of Yorkshire, but yes, mega leftist shitholes abound here no matter where you go. I still think about it in my dark moments, but I really do think sometimes about just hopping off to somewhere like Alaska and renting out my property rather than having anything to do with this fucking country and I am once again being pushed.
Would honestly even consider just buying some land in the middle of nowhere in America and hopping into a van. Could easily do it nowadays especially with modern tech but I want to give the place I moved into a chance.
They will prolong the crisis as much as possible and silence anyone who discusses it.
Look at Yellen just making bald faced lies over and over again without any consequences.
It’s a repeat of 2008. This time the banks are betting on the bailouts which is apparent from the complete lack of risk management. I’m amazed Biden is willing to run again as whoever takes the next cycle is going to be absolutely assfucked by this current administration’s actions.
Biden isn't 'willing' to do anything, he's a manipulated dementia case.
He barely even knows what is going on around him let alone care.
There was almost zero (official) inflation in 2008.
Now with inflation recently in double digits the fed will undermine the US currency when they print to bail out their banker friends.
Thats why gold and bitcoin have risen this year - the fed’s real goal is banking bailouts.
Our betters do not concern themselves with the livelihoods of their pets.
Biden has dementia, he's going to be the fall guy. They will then let a GOP stooge win to placate the tradcons. Basically a flip of 2008.
They might let Trump win to deal with this bullshit and get the economy moving, and then swoop in and take the credit after his term, laugh at him while he gets betrayed in office again and again, shore up their power structures during that time and lure conservatives into complacency all in one fell swoop.
I remember years back when I would try to talk to people about the Fed their eyes would glaze over
Lol
The biggest piss take is when you know all these things and they think you don't know what you're talking about with anything and brush you off in their typical manner. Until it of course happens exactly like you pointed out and then you get the gaslighting treatment from the same people who were in denial or they just stay silent about it.
What's the fed? I ain't hear nonathat commie bs on fox news...
The Jim Cramer tweet is hilarious, he’s clearly a shill and has let people get assfucked by his “recommendations”.
Betting against Cramer sounds like a good meme strategy.
sure, you just don't know the timeline.
years back, i looked into making an algorithm that takes these high profile "advisors", and betting against them. more often than not, their advice goes bust. the only difficulty is timeline.
ETFs $SJIM and $LJIM launched in March. The meme was made real.
https://archive.ph/yZHZY
There are literally ETFs against this guy
FRB is a good fucking bank.
In fall 2022 they were offering low below market rate interest rates. Close to 4%, of course with large down payment.
The ((you know who)) banking cabal couldn’t have that shit.
OH VEY! Good debt to income ratios are racist goyim!!!!! Shut it down!!!!
Can't have a reasonable business plan these days where you automatically filter out the wheat from the chaff and have a stable cash flow. You have to make sure they are so terrible with money that they default in 5 years and the bank can sell the house for a profit.
At this point Cramer has to be trolling.
Cramer is part of the demoralization team, they let him know what's going to crash so he promotes it and they laugh for days at the idiots who trust the TV when it crashes.
Occam's Razor suggests conspiracy is true when "experts" are consistently wrong to the point of mathematical absurdity.
Demons are often represented as evil clowns and jokers. If I was evil I would be doing the same thing to destroy people's lives, and laugh about it, just as these freaks on TV do.
the entire global banking system is fake and gay, deserves to fall, and those responsible deserve crucifixion
But it’s not. They’re going to tank the “small” banks and roll them into fucking mega banks. You can still get a latte in every tom-dick-and-harry coffee shop. This shit is not falling any time soon
To whoever it was who disagreed with me a month or so back when I said this wasn't over...
Told ya so.
Had to check, my bank just dropped it's worth by $60 Billion. That's scary
They normally COMPLETELY wipe out shareholders when they do something like this.
In Europe they also wiped out credit suisse’s AT1 bondholders.
But even with those losses the government/fed has to print a ton of money to keep these banks operating. Its like we learned nothing from 2008.
The government learned it worked.
The upper class were saved and the job market in Seattle plummeted. Then, when everyone who wasn't upper class complained, the politicians aimed them at stuff like Republicans, or small businesses.
When your job is to take people's money, or look at people, and give them some small amount of money in order to take more of their money...
How does your business fail?
The boomers I'm surrounded by RL barely comprehend what's happening. They're acting like I'm doing fuck all when in reality I'm prepping hard for an economic collapse which includes shit like having food growing out my garden constantly and making sure I'm a completely debt free home owner. I've got seeds in stock as well and potentially plan on getting more when I can.
My next move now all of that's being done is going to be stockpiling canned food and I've also got a plan prepared using power banks for when we inevitably get rolling blackouts due to economic collapse and infrastructure failure. If you think Biden is bad these are supposed to people who don't have dementia and have their shit together. They honestly think if I go work for a company or whatever it's going to be still standing by the end of next year when it clearly isn't, also why I'm focused on building a business that can potentially weather the storm.
Thankfully, because I'm in Yorkshire, we can get rainwater by accident because of how much rainfall happens here. So there's very little chance of us running out of drinking water or anything like that. If there's new banks collapsing one by one then you're completely right this is a 2008 crash waiting to happen.
I was honestly wondering if you were going a bit far till you said Yorkshire. It's tragic what's happened there.
LOL it does depend on which parts of Yorkshire, but yes, mega leftist shitholes abound here no matter where you go. I still think about it in my dark moments, but I really do think sometimes about just hopping off to somewhere like Alaska and renting out my property rather than having anything to do with this fucking country and I am once again being pushed.
Would honestly even consider just buying some land in the middle of nowhere in America and hopping into a van. Could easily do it nowadays especially with modern tech but I want to give the place I moved into a chance.
The central area of the US is quite sparse. The big towns like Laramie are all of 60,000 with students. You are welcome to it.
Time to buy F16's and Nukes :D