2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    Stock markets have collapsed already, it's a scientific-economic fact, in is in fact an ongoing process:
    https://en.wikipedia.org/wiki/2020_stock_market_crash

    "The 2020 stock market crash is a global stock market crash that began on 20 February, 2020.[1][2][3] Multiple indexes such as the Dow Jones Industrial Average, Nikkei 225 and the S&P/ASX 200 all fell into a correction late February during one of the worst trading weeks since the financial crisis of 2007–08, thus starting what is now known as the 2020 stock market crash."

    We will remember this as the "2020 Stock Market Crash".

    Creepy, but it's here. It happened!
     
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  2. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    its NOT a crach because of a financial crisis though and gold and silver is still useless
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    It might be coming.....

     
  4. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    or it might not be
     
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  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yeah,.... or it might not be. :)
     
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  6. Slimey

    Slimey Well-Known Member

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    Governments are interfering with the mechanisms that are integral to the function of money. Debt, borrowings, rental income, loan repayments etc. It can only end bad.
     
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  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yep it's all over for the markets and for mr no gains. Hes never looked like such a loser as recently but the truth always comes out they say.
    Printing worthless fiat is never the answer.
    This will be the biggest thing ever in trumps life, too bad he will be remembered for his socialism and failure of a once great nation.
     
  8. shinymetal

    shinymetal Well-Known Member

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    Not socialism, but using the ability of the current system to create money out of nothing to transition into something else.

    Trump will be remembered as the man who lead the charge to remove a bring to justice an evil that is beyond comprehension.
     
  9. BiGs

    BiGs Active Member

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    Perhaps we can build a collaborative economy out of the ashes of this dying usury one.
     
  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Eventually you have to answer for bad choices and now he has to.
    At least he will have alot to do for the rest of his term haha
    No more golf days or vacations on the tax payers dime. Good job.

    Nothing will change for the better until we rid ourselves of these lying parasites once and for all.
    No amount of excuse making will make this better at this point.
     
    Last edited: Mar 28, 2020
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    Not a "crach", but a CRASH.
     
  12. TreasureHunter

    TreasureHunter Well-Known Member

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    Zerohedge: Large-Scale "Internet Rationing" Possible, Experts Warn
    (source: https://www.zerohedge.com/markets/large-scale-internet-rationing-possible-experts-warn)

    "experts are saying that European countries could start rolling out large-scale "internet rationing" to prioritize critical apps and websites"

    Internet is getting more and more agglomerated and even I'm experiencing slowdown at times. Some people report interruptions. To me it happened 2-3 times max.

    "If we end up in a situation where worldwide, 850m children start to receive lessons virtually for an extended period of time, then networks might want to start prioritizing video traffic over gaming traffic," said Matthew Howett, principal analyst at Assembly, who spoke with The Telegraph.

    British internet provider BT Group said their communication network could handle the extreme levels of data of millions surfing the internet while in quarantine. But they warned that video streaming services could start bogging down the system and leave critical networks, reserved for emergency services, exposed to slow speeds."


    They are going to find pretexts for slowing the internet down and possibly for censorship. But the masses are too dumb to notice anyway.

    What's already noticeable is the poorer quality of YouTube videos (apparently the EU and Google made a deal to speed up internet and in order to do that, they ruined the resolution of videos). Why don't hey just invest more in hardware to speed internet up?

    Why does "work from home" use up more internet?
    Because all of the major corporations were using internet anyway. Plus: some companies use a lot of internet, those networks can handle much bigger speeds.

    BROADBAND?

    Isn't that what the (otherwise unnecessary) 5G is supposed to be for?

    So, how come "they have to" ruin resolution and contemplate "rationing"?

    "The risk of large-scale "internet rationings" by European governments could be on the horizon as more and more people across the continent are forced to shelter in their homes. This could lead to the throttling of internet speeds for citizens while internet traffic is preserved for European healthcare systems, education systems, and emergency systems. "


    First it's internet rationing. Then what could come?

    1) food rationing: you get your handful of rice/day, because there's not enough to feed everyone (taking account of mass migration and economic collapse)

    2) water rationing: after all, people probably use more later now all being at home

    3) personal space rationing (notice "personal", because there's no such thing as PRIVATE): you get to sleep on a bed "couchsurfing" style, because during that same day (on a rotation basis), 5 illegal migrants will have to sleep on the same bed (imagine Japanese "capsule hotel"-style Orwellian "personal spaces", which you can use when it's your turn (sheeple love it, the "sharing economy" already allows shared car ownership, shared vacation home ownership,...)

    4) universal basic income for the "slaves": you get your "free money" (NOTHING MORE!), which will essentially be food tickets on an Orwellian farm and will only buy what "Big Brother" wants you to buy (NOTHING MORE!)

    5) communication rationing: SOCIAL DISTANCING - it's the word we use today and it is already happening (but, will it end completely?), people will communicate more and more via phone, social media, email... (even those who'd normally communicate face-to-face will be forced to sign up to such services nowadays)

    6) healthcare service rationing: the healthcare systems will collapse; already they can't treat other patients because of the Corona virus pandemic

    7) public walk rationing: you get to get out of your house only when the authorities allow it (in some countries in Europe it's already happening) - yes, because of Corona, but what if they "forget" these measures in place?
     
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    What better time to make the swap for a new global financial system while all people are in their homes, quarantined?

    Gold standard, new reserve currency, new digital currency to replace all currencies...

    They "pump up the virus" + season it with scaremongering, tighten the lockdown (remember we can't get our money out), then SLAM! Rip-off time!
     
  14. kilo

    kilo Active Member Silver Stacker

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    They can’t afford a gold standard, new reserve currency yes!!! ..... digital currency to replace all currencies. Perfect.
     
  15. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    It's all about how much value they give to gold.
    China could probably afford some sort of gold standard.
     
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  16. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yeah but the central banks want fiat. Theres no way they will go to gold.
    Theres also no one to take us there. Drumph and the rest are all keynsians and they all work for the money makers.

    If we went back to gold it would be because the markets and demand took us there. Not because of a central bank or politicians. They hate real money.

    It would be IN SPITE of the politicians.

    But when that day does come, gold will need a new revaluation and that's all it would take to do that I agree.
    It's always trying to do that on its own.
     
    Last edited: Mar 29, 2020
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  17. TreasureHunter

    TreasureHunter Well-Known Member

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    We are living in dystopian times. Orwell is watching us from the other side right now.

    Something tells me this ain't gona be "just a pandemic" and it won't simply be over by the summer, autumn or later this year...
    This is not "just a pandemic", just like Corona ain't "just a flu".

    Nor is a Grizzly bear a Haribo jelly bear.
     
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  18. Slimey

    Slimey Well-Known Member

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    I love your analogy. I am trying to imagine a 600kg jelly bear fishing for salmon.
     
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  19. Krakked789

    Krakked789 Active Member

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    Oh well, more couples are having lots of fun in the bedroom due to self-isolation, it seems. Ansell's share price is up over 15% today. Baby boom come November and December, perhaps?
     
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  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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