Country is in worse depression than in the 30's... | |
Anonymous Coward User ID: 45957607 United States 08/02/2020 10:10 AM Report Abusive Post Report Copyright Violation | |
Deplorable Amelia B
User ID: 70459010 United States 08/02/2020 10:10 AM Report Abusive Post Report Copyright Violation | Speaking of which, has anyone gotten/asked for an extension on credit card deferments? BOA gave me a 90-day deferment on two cards and now the time is up. Can I ask for (well, can i GET) more time? Does anyone know? Quoting: Anonymous Coward 78530249 Are they still charging daily interest on those deferred cards? You should have switched that debt to 0% interest for 18 months cards. |
Pickett
User ID: 77726038 United States 08/02/2020 10:11 AM Report Abusive Post Report Copyright Violation | And one more thing to say Depression in the 30s was not as bad as people made it out to be Due to the fact that most people had been in Self-sustainability mindset worked on a farms and such This time around will be harder some people don't even know how to cook eggs |
Anonymous Coward User ID: 78242983 United States 08/02/2020 10:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76805704 United States 08/02/2020 10:11 AM Report Abusive Post Report Copyright Violation | USA is in a major depression. they just keep propping it up...everyone is in total denial. the shit is about to hit the fan...discuss?... Quoting: King Triad I agree, the "Great Depression" on steroids. Not even close. People actually starved to death back then. Govco will give you an EBT card. You can make $700/month selling plasma (more if you have had Covid), unemployment, etc. Safety nets exist now. They didn’t 100 years ago. Most of the population lives in urban areas. Prior to 1940s, most lived in rural areas. No fast food dollar menus, no dollar stores. The dustbowl farmers had it really rough. Read The Worst Hard Time. It was also a PBS show if you don’t like books. If you don’t believe me, take a look at all of the fat people in your area. I think most would rather have a plot of farm land to take their chances on rather than living in a tent city in a concrete jungle. i know i would. id rather take my chances out in the woods hunting and fishing and trying to homestead than ever set up in the squalor and filth in cities and urban areas. that environment is conducive to nothing but generating madness and despair. |
ookie
User ID: 57244673 United States 08/02/2020 10:12 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79178057 United States 08/02/2020 10:12 AM Report Abusive Post Report Copyright Violation | What this country has become can all be traced to Nixon, daddy Bush and Kissinger opening up Pandora's box in China... Quoting: King Triad The Chamber of Commerce, Bankers and Big Business are to blame for trade with China. They had lobbyists flooding Washington DC with billions of dollars in donations to push it through. There were millions of protesters against it and they were free market capitalist hating commies. That is how the moneychangers played the game. They sold the country out and wrecked it and now the same moneychangers are getting bail outs when we should be hanging these greedy fuckers by their intestines from a telephone pole. |
Anonymous Coward User ID: 71582106 United States 08/02/2020 10:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76561535 United States 08/02/2020 10:13 AM Report Abusive Post Report Copyright Violation | And one more thing to say Quoting: Pickett Depression in the 30s was not as bad as people made it out to be Due to the fact that most people had been in Self-sustainability mindset worked on a farms and such This time around will be harder some people don't even know how to cook eggs Faring and food distribution is much different this time around. We are more vulnerable to famine than at pretty much any point in history because there is less redundancy built into the food chain. |
JD Freely
User ID: 72865238 United States 08/02/2020 10:13 AM Report Abusive Post Report Copyright Violation | It will be worse than the great depression because there are more entitled people than there were back then, plus at least people back then were religious and God fearing, people now are lovers of self. Quoting: chuckles45 chuckles is right My two cents, It’s been Real, it’s been Nice, but I can’t say it’s been Real Nice! :anon: Thread: Found another countdown site. #MyOpinion2024 Vote #Trump2020 |
BBQ BOY™
User ID: 77857043 United States 08/02/2020 10:13 AM Report Abusive Post Report Copyright Violation | ... Quoting: Crazy Horse The Prophet 24773404 Laughable, you know that 7 years old kid is right. And you must be 6 years old then?. Trump took the bait purposefully.. [link to i.imgur.com (secure)] Right about what? You said nothing in your post. Go sip your tea. With truth and wisdom that you arrogantly refused to understand. And thank you for the cuppa.. flothy coffee. Trump sold out humanity when he agreed to be the fall guy. This happened in the 90s when 20 big banks bailed him out for no apparent reason, with nearly 1 billion dollars in loans which placed the trump enterprise in the control of the banks. He made good Scripted speeches that he read From a teleprompter. Even I believed him and spent a year and several hundred dollars backing him up. A week after the election, “lock her up” was replaced by “the Clintons are good people.” That statement alone was all that I needed to hear to realize Trump is Benedict Arnold, at the mercy of living like a king. Love of money is the root of all evil. Trump is a weak link, a shallow braggart who has left dead bodies in his path. "Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others." Everyone has to work out their own salvation. Life can only be understood backwards, but it must be lived forwards. |
Anonymous Coward User ID: 77419313 United States 08/02/2020 10:14 AM Report Abusive Post Report Copyright Violation | USA is in a major depression. they just keep propping it up...everyone is in total denial. the shit is about to hit the fan...discuss?... Quoting: King Triad I agree, the "Great Depression" on steroids. Not even close. People actually starved to death back then. Govco will give you an EBT card. You can make $700/month selling plasma (more if you have had Covid), unemployment, etc. Safety nets exist now. They didn’t 100 years ago. Most of the population lives in urban areas. Prior to 1940s, most lived in rural areas. No fast food dollar menus, no dollar stores. The dustbowl farmers had it really rough. Read The Worst Hard Time. It was also a PBS show if you don’t like books. If you don’t believe me, take a look at all of the fat people in your area. there won't be any food. Stores will run empty again and sup[ply chain restock will be much worse |
datadayedetet
User ID: 72423841 United States 08/02/2020 10:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79178057 United States 08/02/2020 10:14 AM Report Abusive Post Report Copyright Violation | What this country has become can all be traced to Nixon, daddy Bush and Kissinger opening up Pandora's box in China... Quoting: King Triad The Chamber of Commerce, Bankers and Big Business are to blame for trade with China. They had lobbyists flooding Washington DC with billions of dollars in donations to push it through. There were millions of protesters against it and they called free market capitalist hating commies. That is how the moneychangers played the game. They sold the country out and wrecked it and now the same moneychangers are getting bail outs when we should be hanging these greedy fuckers by their intestines from a telephone pole. |
Anonymous Coward User ID: 79217191 Canada 08/02/2020 10:14 AM Report Abusive Post Report Copyright Violation | A likely leading indicator of inflation. I don’t know where to suggest putting $$$$ at this point. Spread those eggs into multiple baskets. I put 25% in each of the four categories: Growth, growth and income, aggressive growth, and International mutual funds...they have treated me very well... Most people aren't in a good position like you Brief...they invest in a meal for that day... If he were half as successful as he claims he wouldn't have tens of thousands of posts on here. |
Captain America 3.0 User ID: 79132049 United States 08/02/2020 10:15 AM Report Abusive Post Report Copyright Violation | the only reason people are oblivious to it is the fact that they don't see bread lines--- but that has been replaced with Unemployment checks and stimulus checks being directly deposited.... The second stimulus package will pass this week,, as they go on a 31 day vacation Friday and have to have it wrapped up...... they will agree somewhere in the middle -- I think between 350-500 If they don't--- it all comes down and probably not a good idea during election year... Next to fall is housing...... if they don't pass anything then things go down faster..... they will though Expect silver and gold to continue to rally very strongly--in the next few years Gold and silver prices will be unimaginable from where they are now and miner stocks will skyrocket..... just my opinion....especially juniors We will have to peg whatever they come up with to Gold and gold/silver will be revalued.... that is fact... and that is how they will get rid of debt----- Reset New Game? |
Anonymous Coward User ID: 74896251 United States 08/02/2020 10:16 AM Report Abusive Post Report Copyright Violation | A likely leading indicator of inflation. I don’t know where to suggest putting $$$$ at this point. Spread those eggs into multiple baskets. I put 25% in each of the four categories: Growth, growth and income, aggressive growth, and International mutual funds...they have treated me very well... Most people aren't in a good position like you Brief...they invest in a meal for that day... Most people weren't handed a successful business by their dad either... |
Anonymous Coward User ID: 79178057 United States 08/02/2020 10:16 AM Report Abusive Post Report Copyright Violation | USA is in a major depression. they just keep propping it up...everyone is in total denial. the shit is about to hit the fan...discuss?... Quoting: King Triad No you fear monger. This was self induced. We shut down as a country due to covid. Before that we were doing great. So no depression whatsoever. Yes, supply chain shortages, but nothing that we can't manage for right now. Everybody still has food to eat and a place to sleep.... Wrong. It was not doing great. We have been bailing out the bankers since 2008, trillion dollar repo purchases and QE infinity. |
Anonymous Coward User ID: 79069073 Netherlands 08/02/2020 10:18 AM Report Abusive Post Report Copyright Violation | |
NasTraDooMis
User ID: 66590776 United States 08/02/2020 10:18 AM Report Abusive Post Report Copyright Violation | This is really shitty time to be a landlord.. They will likely have to extend the eviction moratorium to avoid all out chaos. But i bet theres a massive backlog of evictions on the list and each county sheriffs offices only have a few officers that do those evictions, for large metro area counties hell it might be a very very long time before they get to people on the list, and even then that list will get longer and longer every day . Just passing thru. OG id 126286 NasTraDooMis |
JD Freely
User ID: 72865238 United States 08/02/2020 10:18 AM Report Abusive Post Report Copyright Violation | very true Quoting: Captain America 3.0 79132049 the only reason people are oblivious to it is the fact that they don't see bread lines--- but that has been replaced with Unemployment checks and stimulus checks being directly deposited.... The second stimulus package will pass this week,, as they go on a 31 day vacation Friday and have to have it wrapped up...... they will agree somewhere in the middle -- I think between 350-500 If they don't--- it all comes down and probably not a good idea during election year... Next to fall is housing...... if they don't pass anything then things go down faster..... they will though Expect silver and gold to continue to rally very strongly--in the next few years Gold and silver prices will be unimaginable from where they are now and miner stocks will skyrocket..... just my opinion....especially juniors We will have to peg whatever they come up with to Gold and gold/silver will be revalued.... that is fact... and that is how they will get rid of debt----- Reset New Game? My two cents, It’s been Real, it’s been Nice, but I can’t say it’s been Real Nice! :anon: Thread: Found another countdown site. #MyOpinion2024 Vote #Trump2020 |
Anonymous Coward User ID: 78330119 Netherlands 08/02/2020 10:18 AM Report Abusive Post Report Copyright Violation | |
datadayedetet
User ID: 72423841 United States 08/02/2020 10:20 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 75339570 Not even close. People actually starved to death back then. Govco will give you an EBT card. You can make $700/month selling plasma (more if you have had Covid), unemployment, etc. Safety nets exist now. They didn’t 100 years ago. Most of the population lives in urban areas. Prior to 1940s, most lived in rural areas. No fast food dollar menus, no dollar stores. The dustbowl farmers had it really rough. Read The Worst Hard Time. It was also a PBS show if you don’t like books. If you don’t believe me, take a look at all of the fat people in your area. good reply, thanks! this thing is just getting kicked off. there will be plenty of starvation when the government turns off the cards, or the stores start getting raided by hungry mobs. they are destroying the farms and production of food, they had dairy farmers dumping milk, plowing under crops, aborting sows, putting 22s in the heads of herds. when the full horror of the situation is known by the common man in the street there will be death. nobody expected a run on toilet paper, like the silent run on gold now, and the run on guns, and the run on food storage supplies. what's coming now is going to make the great depression look like a damn picnic. |
Anonymous Coward User ID: 79217251 United States 08/02/2020 10:21 AM Report Abusive Post Report Copyright Violation | obviously this is why they've been creating all these secret police agencies. there's about thirty of them each with tens of thousands of secret police. there's already BEEN millions of people evicted, foreclosed on. and you never even knew it. they want people who will work 16 hours a day for a handful of peanuts and if they drop dead oh well. slavery is completely legal under Orthodox Yahwehism |
Anonymous Coward User ID: 79069073 Netherlands 08/02/2020 10:21 AM Report Abusive Post Report Copyright Violation | dollar is the world reeserve currency, and is slowly but surely losing its influence and value we're basically having the same scenario as before WORLD WAR 2 it's like the elites are forcing and preparing us for it rich get richer and the sick sicker always the same MO but people never learn thus history is repeating itself |
Anonymous Coward User ID: 75465410 United States 08/02/2020 10:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76361069 Norway 08/02/2020 10:21 AM Report Abusive Post Report Copyright Violation | Not quite yet. But it is coming...this fall. Do you feel the dread? We all know that most governments on the planet are corrupt (just like the USA) and have a secret plan with a secret outcome....(Hegalian)...We are simply cattle being lead to the slaughter...and they don't give a tinker damn about serving the people...they are not statesmen..they are our rulers... Quoting: Elsabiades.. 76201830 yup If we're lucky we've got till October until the shit REALLY hits the fan. If we're lucky. Make your final preps now people. 2024 the World won't be recognisable I think. America will be a Banana Republic. Judging by the circus in your congress and media every day, you already are a banana republic. |
JD Freely
User ID: 72865238 United States 08/02/2020 10:23 AM Report Abusive Post Report Copyright Violation | obviously this is why they've been creating all these secret police agencies. there's about thirty of them each with tens of thousands of secret police. there's already BEEN millions of people evicted, foreclosed on. and you never even knew it. they want people who will work 16 hours a day for a handful of peanuts and if they drop dead oh well. slavery is completely legal under Orthodox Yahwehism And every agency has enough ammo for a small army, even the U. S. Post Office. My two cents, It’s been Real, it’s been Nice, but I can’t say it’s been Real Nice! :anon: Thread: Found another countdown site. #MyOpinion2024 Vote #Trump2020 |
Anonymous Coward User ID: 79217251 United States 08/02/2020 10:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79217191 Canada 08/02/2020 10:23 AM Report Abusive Post Report Copyright Violation | So this is just 1 bank Wells Fargo. Quoting: Anonymous Coward 77419313 loan loss reserves - $ set aside in case some the the loans go bad.... Wells Fargo Bank Construction Mortgages from Q1 2020 to Q2 2020 went from 36 million to 484 million extra to keep in reserves anticipating defaults on real estate construction mortgages From Q1 to Q2 2020 Wells Fargo went from 848 million to 2.395 billion extra reserves they are keeping in anticipation of residential mortgages not being paid to them They themselves are borrowing to do that. Q2 is when the 2 Trillion bailout was signed in. They are readying for mass default all right, and they will be the new owner of endlss McMansions and condos & suburban strip malls. The next demographic war of forced diversity is going to be fought in the suburbs and this is how they will do it. Make sure your own neighbors are paid up, or move now while you can, to a place were people are less reliant on debt. |