2020 Collapse

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

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    20,493
    Likes Received:
    3,560
    Trophy Points:
    113
    Location:
    昆士蘭
  2. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    851
    Trophy Points:
    113
    Location:
    Idaho
    @?
     
  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    20,493
    Likes Received:
    3,560
    Trophy Points:
    113
    Location:
    昆士蘭
    He’s nuts.
     
  4. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    851
    Trophy Points:
    113
    Location:
    Idaho
    Right, there were a lot of posts to choose from there :D
     
    mmm....shiney! likes this.
  5. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,307
    Likes Received:
    663
    Trophy Points:
    113
    Location:
    Treasure Island
    This just came to my mind: 2 things can hurt gold tremendously, even if the economies don't recover soon.

    1) if the new vaccine spreads (US and Russia both claim they will have plenty of vaccines by 2021)
    2) "universal basic income" (one thing I find far more dangerous to human society on the long term than Corona: it's slavery)
     
    Markco2 and sgbuyer like this.
  6. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    851
    Trophy Points:
    113
    Location:
    Idaho
    Doubtful vaccines will take gold down totally with the real economic impact still not felt and stimulus still being pumped through to delay this impact. Debt-load is still going to be felt and increasing for a while. In fact, it probably helps Au rise steady instead of spike too early. A longer bull cycle that will continue to go on for years.
    People will still work from home, people will still be weary of travel, businesses will still go under, geopolitical tensions will still rise, social unrest will still remain, people will still want handouts. It will probably give gov’s even more green lights to jump-start economies with monetary injections - especially for the big businesses ‘on the edge’ that need ‘just that little bit more’ to keep it all going..
     
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    Collapse in the price of surgical masks. US$2.13 for 50 pieces.

    [​IMG]
     
    TreasureHunter likes this.
  8. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,621
    Likes Received:
    2,392
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    so cheap can buy 10 boxes
     
  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    1,944
    Likes Received:
    1,417
    Trophy Points:
    113
    Plastic bag over head and tied tight works best!
     
    spannermonkey and sgbuyer like this.
  10. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    We were given 4 pieces of surgical masks per family sometime early Feb. Government got slammed and mocked online by giving only 4 measly pieces. In March, they gave out free cloth masks, which were very bad quality and shrunk after being washed so in June they gave out another 2 free cloth masks that were a slight improvement but still bad.

    The last batch of DET30 cloth masks given out in last month proved to be popular, 1 in 5 or 6 persons are wearing it. So they finally got it right after wasting money on the earlier ones that people threw away because they don't work. It's available on Amazon. You'll probably need it because if Biden wins, it will be compulsory to wear a mask. :cool:

    [​IMG]
     
  11. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    851
    Trophy Points:
    113
    Location:
    Idaho
    I don’t think people in Idaho are going to give a damn what Biden says, I’d be surprised if cops enforced it
     
  12. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    912
    Likes Received:
    994
    Trophy Points:
    93
    Location:
    Qld
    the rate that cops are quitting the job over there, probs wont be any left to enforce it.
     
    heartastack likes this.
  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    I guess you aren't aware of how these people work. There's no need for police when you have zombies to do the work. The police might not interfere when the zombies work for the government.

    The zombies are more powerful than the police when they aren't the government, imagine the superpowers they will have when they ARE the government.
     
    Last edited: Oct 5, 2020
  14. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,329
    Likes Received:
    851
    Trophy Points:
    113
    Location:
    Idaho
    it’s not the pussified city here though.. the heartland. They would let the population starve before handing their guns (the farmers).. but there is also a lot of militia activity in these hills. I‘d guess civil war or state gone rogue before Biden gets too handsy here..
     
    sgbuyer likes this.
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    Oh I didn’t know. I don’t think it is about pussification but political independence. I read that New Yorkers don’t want to wear masks either. Locally, the majority of people want masks so it’s easy.

    The US can afford to make it optional as it is a large country and is not under any direct military threat. Americans only needs to make sure their politicians do not work for another country.
     
  16. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,621
    Likes Received:
    2,392
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    try that in summer lol
    you would not last 5 minutes
    it was used by Pol Pot to eliminate the oppositions
     
  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    When lycans and vampires fight each other, only then can humans survive.
     
    Little_Mountain likes this.
  18. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    9,621
    Likes Received:
    2,392
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    this would be the first time gold silver go up, during China week long holiday
     
  19. pmbug

    pmbug Active Member

    Joined:
    Oct 22, 2011
    Messages:
    312
    Likes Received:
    70
    Trophy Points:
    28
    Location:
    Texas
    With respect to the original topic of this thread...

    https://www.ft.com/content/46b1a230-8c6c-4feb-b617-21a520cc201b

    Mainstream financial media now warning about a pending (USA) currency collapse and loss of global reserve status (exorbitant privilege).
     
  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    2,690
    Likes Received:
    1,503
    Trophy Points:
    113
    Location:
    Singapore
    MSM? Not surprising. I would take what the MSM writes with a pinch of salt. For the past year or so, they have been busy attacking everything related to the USA just to bring down Trump.

    The trouble is what Trump has done is irreversible. There is no way we can go back to the old world order of the oligarchy. That era is effectively over.
     
    mmm....shiney! likes this.

Share This Page