The PPT can't hold assets up indefinitely. The carry trade from Japanese markets is narrowing. Credit downgrade yesterday. Rate hike last week. BRICS announcement on 22nd.??
I think the US is entering a liquidity crisis
- Thread starter gardentiger
- Start date
Buy bullets
Buy canned protein like sardines
Canned veggies
Prepare for really bad inflation
Biden and the Chinese are hoing to slaughter Americans if we don’t prepare
That's what happens after decades of public and private corruption fueled by unmitigated capitalism.
Then why do you vote for a merger of those two things? I just don't understand it. Neither party is going to serve the people worth a damn but by far it is the case that the Democratic party has put the process you described on steroids. Republicans do it in the defense field and the Democrats do it everywhere else. But it isn't capitalism. It's called corruption and cronyism. That has nothing to do with capitalism. It has everything to do with a merger of government and corporate interest combined with an ammoral or immoral society depending on how you do things.
That is remarkably ignorant. Capitalism is the greatest system ever created and directly responsible for the greatest advancement in human quality of life in history. Competition breeds innovation and rewards efficiency. It’s the decades of politicians being bought by corporations and mega-donors and then insulating them from competition with regulation that stunts progress. It’s the decades of government intruding in private markets and bastardizing credit pricing. It’s the decades of the eurodollar being completely overlooked by idiot central bankers who operate with a god complex now that all monetary restraints have been removed from monetary policy.
I never said it was not any of this. I know red-blooded Americans like you are not allowed to acknowledge nuance. It's good/bad, right/wrong, black/white, all the way down the line. But what you posted doesn't rebutt any of what I said.
Ah, so you’re who the food insurance radio commercials are targeting. Those are usually a good sign it’s time to flip the station.
sorry going to slaughter
my eyesight and fat fingers as I am not a spring chicken if you get my drift
You would be greatly surprised at certsin commodities that can be bought stored in bulk and resold at a tidy profit
I used to buy and sell ammunition as a sideline hobby
Amazing how much ammunition moves around outside of the normal licensed gun dealers
Y'all should also be buying Jim Bakker's legendary buckets.
You aren’t wrong. But you’re also suspiciously barking up the wrong tree, and there’s zero chance you just don’t realize you’re doing it. Gotta figure this one out
dear hammerdawg
I continue to enjoy the ignore feature of the web site
I do believe in hearing all sides of an issue
That would be intelligent thought out wise thoughts
Not just banshee screaming
So if anyone wants to discuss anything with me I am open minded as I deal with many people every day seeking that middle ground and compromise
The coming commercial resl estate refinacing is heading our way
It is a nuclear event with more expected government bailouts by the Biden Insane Asylum
I continue to enjoy the ignore feature of the web site
I do believe in hearing all sides of an issue
That would be intelligent thought out wise thoughts
Not just banshee screaming
So if anyone wants to discuss anything with me I am open minded as I deal with many people every day seeking that middle ground and compromise
The coming commercial resl estate refinacing is heading our way
It is a nuclear event with more expected government bailouts by the Biden Insane Asylum
I have a few friends whom are preppers and issues are starting to get edgy. They have been stocking up for approximately 15 years.
You guys and your nutty prepper friends remind me of this part of righteous gemstones.
You would be surprised at the storage of certain vital material by certain wealthy people in the US
Especially out West in the Mountainous areas
I have not been in touch with some of my co-workers since retiring in 2013 but at that time they were buying a lot of gold and silver in case the dollar became worthless.
Always wondered where these people planned to spend their silver and gold in that scenario. If that were to happen, carrying pounds of metal around a shitstorm of anarchy and abject chaos never seemed like an ideal situation.
Socialist and communist states have always been bastions of morality free of corruption….
Gold and silver will carry value but much leds than functional tools to survive and thrive
I would think it would be easier to barder with gold and silver than a worthless dollar . jmo
Edit : Which would be worth more after sitting in a safe for 10+ years 10,000 in cash or 10,000 worth of gold and silver ?
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They have loaded up on firearms & ammunition plus a minimum of one year supply of water and food.
Don't worry, they will just suppress any negative information and make it look like it's all warm and fuzzy
Depends on the 10 year period you’re asking about. I’d personally rather have $10K invested in stocks if that’s an option, because it will be worth significantly more than the other two significantly more often.
The reason behind preppers buying gold and silver is so they will have something of value when or if the US / world market collapses . In this case stocks just like the dollar becomes worthless. Got to remember the reason behind preppers buying gold & silver it's not for investment but to survive in a crisis.
When or if that happens, it won’t matter. You’d have been better off buying lifestraws, .308 ammo, and some rec-10s. Either way the average person is probably fvcked. If you are a prepper carrying around 60 pounds of precious metals, a hatchet, buckets of mres, your meds, and whatever other dumb shit you saved you’re probably ultra fvcked.
Except you don't actually own the stock certificate. You own a derivative of a stock.
Not good news in the markets today. The fed intervened on the 10yr otherwise the 15 basis point adjust was miraculous. I hope I'm wrong about the crisis.
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Arthur Schopenhauer
A liqidity event is coming.
A liqidity event is coming.
Thanks Peter Schiff.
That’s like calling that tide will rise on the east coast this afternoon. Or winter will be here in December. Liquidity events aren’t rare. If you’re calling for a liquidity crisis, that’s different. Where is it coming from? What’s going to drive it? You might see some spillover into other sectors - especially, financials - if the CRE markets get obliterated, but I doubt you see a crisis in the foreseeable future. Private credit is in pretty good shape right now, and there isn’t a massive amount of public debt maturing over the next few years. Thus, capital may be expensive in relative terms, but it isn’t going to be impossible to raise. Fundamentally, equity markets are in pretty solid shape, generally speaking.
Do I think we see a soft landing? No. I think the average consumer is significantly worse off right now than most realize. We’re in a recession. It just happens to be a weird one that is affecting certain pockets/sectors disproportionately. That likely continues into the latter half of the year - and maybe bleeds in to early next year - but, it’s going to be shallow and relatively mild.
It’s highly likely we see more crises in my lifetime, but I’m 35. You aren’t really going out on a limb there. We are going to have some issues in the near term, but I don’t see a liquidity crisis on the horizon.
Not sure if you have noticed, but you have been preaching doom and gloom from the moment that Biden took office. You have claimed we were in a recession the entire time.
What is sad is that people like you, with your constant negativity, are actually hurting our economy. Your politically motivated doomsaying is damaging consumer confidence.
Because of your ilk, I often wonder if we will be better off with republicans in power just so that people like you will just shut the **** up.
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