2020 Collapse

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

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    Aha. The old Death Cross trick eh?
     
  2. crewy

    crewy Active Member

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    2020 nearly over and no crash to date... Australia looks fine too IMO;
    RE lending up (https://www.abs.gov.au/statistics/economy/finance/lending-indicators/latest-release),
    Iron ore price up (https://markets.businessinsider.com/commodities/iron-ore-price), Sentiment up (on vaccine news),
    Unemployment better then expected however up ~7% (https://www.cnbc.com/2020/11/19/australias-october-employment-soars-jobless-rate-ticks-up-.html).
    Interest rates all time low (under 2% fixed for 4 years atm) and staying that way with QE commitment ongoing (deflationary).
    Bank lending criteria loosening (https://www.afr.com/policy/economy/responsible-lending-laws-to-be-axed-20200924-p55yvw)

    Internationally interesting times ahead obviously (The Great Reset = loss of freedoms). My prediction is the markets will be very volatile over the next few years, personally see gold trading sideways for a while with volatility (buy the dips). However medium to longer term could quite easily see inflation as jobs stabilise, lockdowns ease and money velocity increases causing gold price to spike ahead of eventual interest rate rises. Just my 2 cents / rant.
     
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  3. Jason1

    Jason1 Well-Known Member

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    they doing well to kick the can down the road. but even with the injection it makes very little sense the markets havent crashed.
    But if people are happy to put money in to over valued under performing tech companies and their stocks can keep rising, it seems to have shown it doesnt matter if a company is losing money or not, the stocks can keep going up and up and people keep putting more money into them. lol so I guess no longer do people invest on fundamentals.
    They invest on stupidity and shockingly its held up ahaha

    I dont want to see a complete crash as there are very good companies that dont deserve it, neither do Peoples retirements deserved tobe wiped out, but there is a part of me that would love to see the ponzi tech market get wiped out, Losing money as many tech companies do, should not be rewarded with the sort of money they get thrown at them or the price their stocks are given, and most of the time they are the most Parasitic and insidious of all businesses on the market these days
     
    Last edited: Nov 20, 2020
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  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    It is not a scam, it is a legitimate way to trade.
     
  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    They are speaking Europa? :D

     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    One good thing that will be coming out this is there won't be another Arab Spring.

    Welcome to the new world order. :)

     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    Watch the trends in the EU: they are trying to suffocate Hungary and Poland because they're "too independent" and do what's best for their own citizens.

    Eurocrats who were never voted/elected by anyone have a tremendous power over independent states (well, at least they're supposed to be independent).
    The EU rules with brute force and anyone who doesn't follow them (like a subjugated colony) will be harshly punished.

    How come these euro-puppets have this much authority?

    How can the European parliament have authority over independent states?

    The latest trend is that they're trying to crush Poland and Hungary by taking away their EU money (funds) and by stripping them of their voting rights (within the EU parliament).
    This way, the EU can impose (just like the Soviets) harmful measures against the states that aren't even allowed to vote.

    Soros is urging the EU to "take action" against Poland and Hungary.

    Two independent states are being stigmatized and being ruled from ouside by unelected "officials" who literally came from nowhere? But have Soros' backing, of course...

    The EU is gradually becoming a brutal Sovietic-Orwellian structure. BREXIT was first, but the Greeks also wanted to leave. I wouldn't be surprised if Poland, Hungary and (lately) Slovenia would leave the EU one day.
     
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  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The powers behind the EU are the same power that is controlling US politics for now, but I think they are already losing control. The way they operate using money to control politicians, the media, universities and the intellectual is driving authoritarianism in democratic countries.
     
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  9. TreasureHunter

    TreasureHunter Well-Known Member

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    I hope you are right about "losing control", but their control mechanisms are dreadfully powerful. They can do a lot of damage.
    I am stunned to see the crapload emanating from the media. Nothing is true, all made-up lies.

    The label "authoritarian" has been used in a wrong way to describe many who openly oppose the Soros-sponsored brutal eurocracy - for example, the Hungarian government, which is a legitimate government that has been democratically elected 3 times (yes, 2 times re-elected) with a popular support of 67%. Poland is similarly being stigmatized.

    In Hungary, the previous governments were ex-communists and walked hand-in-hand with the eurocrats. The EU never had anything against the former commies. They were voted down in 2010, when
    the new (Orban) government started openly criticizing Soros, blocking the mass-migration, taxing the banks (!!!), they rejected a major IMF credit (instead: they taxed the banks and the speculative financial operations), they are strongly pro-family, but they aren't authoritatian at all and not "nationalists" either. This is what the media is portaying them to be.

    This is character assassination, defamation, slander, aspersion.
    I watched CNN's and BBC's brainwashing propaganda, but it's totally false. Nothing in mainstream media reflects the reality about Hungary.

    Now more countries are following (buy few have the guts): Poland and Slovenia. Joining the club...
    Personally, I would like to see Greece there as well, but they're too deep "in the gutter".

    Nigel Farage was also part of this gang, too bad they character-assassinated him as well, then Brexit sailed away with him.

    The interesting thing about Orban vs Soros is that they're both from Hungary. Ironically, Orban was initially "formed", educated by Soros, but he became the strongest opposition to the tentacles of the billionaire (who also runs a brainwashing university in Budapest). What no-one else sees from outside is that Hungary itself is a Soros-nest (they have organizations, political parties there).

    It is very difficult to understand the situation in a country from ouside, whose language one doesn't understand.
    Basically, CNN and a handful of other propaganda machines are left to "learn the mind programming" from. They paint a totally false image and keep pumping it and pumping it. Not even the opposite is true.

    After Orban taxed the banks and blocked the massive illegal migrant influx, the false accusations were flowing out of everywhere.

    Yes, you are right, the same powers are controlling the EU and the US political environment. It is odd how the "deep state" in Europe is actually the EU parliament full of hundreds of non-elected "nobodies" who have perfectly been brainwashed. Just like communists. Brainless pumping of the same crap, repeating, repeating until everyone believes it.
     
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  10. TreasureHunter

    TreasureHunter Well-Known Member

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    Ralph Nader used was ridiculed by mainstream media. Remember? He was the 3rd candidate when G. W. Bush and Al Gore were the main rivals in the US elections.

    This video was uploaded in 2012:

     
  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Yes, they are losing control after the disastrous Arab spring experiments which Trump had to clean up their shit. To whitewash this disaster, they now push the megalo-manical progressive thoughts. The trouble with megalo-manical progressive thoughts is that they don't appeal to most Asians or even South Americans, and definitely can't work in Islamic countries, and as we already know, the centre of economic growth and financial power is starting to shift East, and particularly in China where they have zero control. So, this looks like the end game.

    The ship is sinking so the question now is which are the countries that will be dragged along into the abyss.
     
    Last edited: Nov 22, 2020
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  12. alor

    alor Well-Known Member Silver Stacker

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  13. TreasureHunter

    TreasureHunter Well-Known Member

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    Yes, you are absolutely right. I believe strong cultures oppose these "megalo-monstrous ideologies" the most. Hungary and Poland are among Europe's oldest states, mostly Catholic, well-educated, have already tasted nearly 5 decades of communism.

    Seeing the deviancies that the EU and the liberals preach... as many say: this is the sign of decline.

    They are trying to isolate China and Russia, recently even Turkey... in the hope that their power remains contained, unobstructed but the EU is falling apart from within, while many Americans have really started thinking.
     
  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Of course, you only need to look at history. When we can see decadence, the end is near. The whole thing will fall apart within years.
     
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  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    [​IMG]

    https://twitter.com/AngelaAshton15/status/1329153292056801282

    $800 a person meal. Didn't know european food can cost so much. How much does fish, lobster, lamb, beef, chicken and duck costs? I know some exquisite Chinese restaurants charge that kind of pricing, but for whaleshark fins, pangolin meat, bear's paws, very expensive ingredients from endangered species.
     
  16. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    Waste of money. It's just FOOD.

    It is also unethical. While others are dying of hunger... those 800 $ could feed 100 people a day in a poor African country.

    Yes, European food can also cost a lot. Rare cheeses, special old wines, certain types of caviar... but 800 $ is outrageous.

    I think the super-filthy rich are trying to find any pretext to spend their "surplus money". They bathe in surplus.

    Outrageous.
     
  17. mmm....shiney!

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

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    Bullshit.
     
  18. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  19. mmm....shiney!

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

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    Nope. It pays for a day's tuition in a top English public school for some African President's daughter. Now that is unethical.
     
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  20. TreasureHunter

    TreasureHunter Well-Known Member

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    You're right ;)

    I calculated roughly 8 $/meal for a day. Yes, with rice you can feed many more. Are you sure about 10,000 people?

    Perhaps 2,000-3,000 people. I find 10,000 a lot. OK, if you give them only rice and the cheapest rice, it's probably doable.

    One needs proteins, vitamins, minerals as well. Rice is just "bio polystyrene" with few nutrients.
     

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