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Country is in worse depression than in the 30's...

 
Anonymous Coward
User ID: 79178057
United States
08/02/2020 10:23 AM
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Re: Country is in worse depression than in the 30's...
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


THIS is why every single member of Congress must be fired as soon as they all come up for reelection. In 2008, this was narrowly avoided. They had a wakeup call.

How did they react?

By doing the same damn criminal, greedy, self-serving things they were doing before. They bailed out the banks, giving the people who run them huge bonuses. Oh, they required conditions, though. They required the banksters to funnel a good deal of that money back to them.

Congress is criminal. They MUST be removed from office. Ideally, I wish we could get the traction necessary to defeat all those up for reelection, and begin impeachment proceedings from those who aren't.

Want to drain the swamp? START WITH THE U.S. CONGRESS.
 Quoting: ++Richardson++


I see the same criminal activity with defense contracters.
They exist entirely on government contracts.
They lobby the government with tax dollars to keep the gig going. So the politicians get a cut of our money to keep giving out contracts to the same defense companies.
Anonymous Coward
User ID: 77688921
United States
08/02/2020 10:24 AM
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Re: Country is in worse depression than in the 30's...
One thing is for sure...

Back in the depression of the 1920's, the country wasn't 26 trillion dollars in debt...
 Quoting: COVID19


The main difference is the country was 92% white.
We stayed civil.
With the "new" Americans civility is out the window.
Anonymous Coward
User ID: 79174074
United States
08/02/2020 10:24 AM
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Re: Country is in worse depression than in the 30's...
Idiots forgot what 30s were like
JD Freely

User ID: 72865238
United States
08/02/2020 10:25 AM
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Re: Country is in worse depression than in the 30's...
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.
 Quoting: ^TrInItY^


2024 the World won't be recognisable I think. America will be a Banana Republic.
 Quoting: JD Freely


Judging by the circus in your congress and media every day, you already are a banana republic.
 Quoting: Gavin


Just waiting for the fist fights on the floor of Congress during a session now. Agree. rockon
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 10:25 AM
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Re: Country is in worse depression than in the 30's...
One thing is for sure...

Back in the depression of the 1920's, the country wasn't 26 trillion dollars in debt...
 Quoting: COVID19


the great depression was caused by deflation

we WOULD have deflation if not for all the dead weight jobs

we would have such deflation as it would boggling the mind, cars for $100, houses for $1000.

yes, those profiteers and speculators would have no point in profiteering or speculating
Anonymous Coward
User ID: 79217191
Canada
08/02/2020 10:25 AM
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Re: Country is in worse depression than in the 30's...
It largely willbe nightmarish as many will be homeless and expect the government to take care of them. They have zero practical skills they can offer as barter. They have zero ancestral skills so they can just go camping. They have no camping gear and no supplies. They have largely have abandoned the ELOHIM. They have poor social skills and lack any ability to be peacemakers and build community in small groups

People during the Great Depression were their opposites.
 Quoting: Anonymous Coward 69607207


People in the great depression did not have the hooknosed moneychangers bankrupt them and steal their farmland.
 Quoting: Anonymous Coward 79178057


That's exactly what happened back then - they "bet the farm" on the stock market and in 1929 they lost and the debts were called in.

Nowadays people tap their "house equity" to buy AMZN.
Anonymous Coward
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United States
08/02/2020 10:26 AM
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Re: Country is in worse depression than in the 30's...
Before you start buying bear funds... remember. Venezuela's stock market went to the moon and is still climbing over the last 20 years.

But does it matter if Venezuela's market is now at 300,000 when the average rent in Venezuela is now 21,875,900 Bs.S.?

Our market will go to the moon too are our dollar heads to zero. But will it matter when a cup of coffee costs $40?

Buy gold & silver now. It's the only thing that will keep up with inflation and allow you to pay your taxes, mortgage/rent, etc.

Guns and food are good but they won't help much if you are homeless because you couldn't pay your taxes, mortgage/rent.
Anonymous Coward
User ID: 79127274
Taiwan
08/02/2020 10:27 AM
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Re: Country is in worse depression than in the 30's...
Wait til next week when 30 million people become homeless...could turn to anarchy...
 Quoting: King Triad


I heard that politicians are trying to protect people from being thrown out in the streets. All the forbearance will be due this month and most of the protections for renters have expired. It takes at least six months if one has to evict someone through legal proceedings. I do not think we will see mass homelessness just yet.
 Quoting: Deplorable Amelia B



Eviction is only one part of the puzzle...no income means no Utilities,,,no food or no?
Anonymous Coward
User ID: 79217251
United States
08/02/2020 10:29 AM
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Re: Country is in worse depression than in the 30's...
the excuse they gave for dumping milk and grain in great depression was

the prices dropped too far so it wasn't profitable to bring it to market.

who the fuck accepts this as an explanation??

now the excuse is, there's no demand because all the restaurants are closed


in great depression it was a world wide thing, the Ukranian holodomor was going on,


this is obviously a worldwide thing too, only this time far far more truly world wide


I had no idea they controlled all the governments of the world to such an extent they could just tell everyone they can't go out of their house
Anonymous Coward
User ID: 66204412
Panama
08/02/2020 10:29 AM
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Re: Country is in worse depression than in the 30's...
just one day i heard that the top 5 largest USA companies, which at the moment are doing the best, AMAZON, GOOGLE, TWITTER, mostly technology and retail firms, represent 20% of Wall Street value

hence they're the ones pumping up the markets, doing the manipulations causing this fake effect of making the markets look strong

but soon, one day it will come down like a lightning and will carsh, 2008 will be child's play of what's to come
datadayedetet

User ID: 72423841
United States
08/02/2020 10:29 AM
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Re: Country is in worse depression than in the 30's...
...


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.
 Quoting: ^TrInItY^


2024 the World won't be recognisable I think. America will be a Banana Republic.
 Quoting: JD Freely


Judging by the circus in your congress and media every day, you already are a banana republic.
 Quoting: Gavin


Just waiting for the fist fights on the floor of Congress during a session now. Agree. rockon
 Quoting: JD Freely


[link to youtu.be (secure)]

Anonymous Coward
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Sweden
08/02/2020 10:30 AM
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Re: Country is in worse depression than in the 30's...
What false flag will they try next? War?
Anonymous Coward
User ID: 79217191
Canada
08/02/2020 10:30 AM
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Re: Country is in worse depression than in the 30's...
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
 Quoting: Pickett


The wealthy back then, apart from your railroad baron class, were also more connected to the community, with a sense of noblesse oblige.

I've a relative via marriage whose parent made sure their entire town got fed. Think that sort of person exists any longer? Now they're nearly all I Got Mine.

What the modern wealthy fail to understand is that you either give a portion of your wealth away or people will take it.
Anonymous Coward
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United States
08/02/2020 10:31 AM
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Re: Country is in worse depression than in the 30's...
Wait til next week when 30 million people become homeless...could turn to anarchy...
 Quoting: King Triad


I heard that politicians are trying to protect people from being thrown out in the streets. All the forbearance will be due this month and most of the protections for renters have expired. It takes at least six months if one has to evict someone through legal proceedings. I do not think we will see mass homelessness just yet.
 Quoting: Deplorable Amelia B


yeah they care so much they've armed millions of people in secret police forces to murder them if they dont like being evicted

get serious, maybe people have no clue how little they care about your homelessness and death but they're going to find out.

they only care about you if you produce shekels. outside of that you are nothing
Anonymous Coward
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08/02/2020 10:32 AM
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Re: Country is in worse depression than in the 30's...
What false flag will they try next? War?
 Quoting: Anonymous Coward 79209252


Well, the deep state will certainly try to use up the last remaining wealth and blood of America to go after Iran.
JD Freely

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United States
08/02/2020 10:32 AM
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Re: Country is in worse depression than in the 30's...
...


2024 the World won't be recognisable I think. America will be a Banana Republic.
 Quoting: JD Freely


Judging by the circus in your congress and media every day, you already are a banana republic.
 Quoting: Gavin


Just waiting for the fist fights on the floor of Congress during a session now. Agree. rockon
 Quoting: JD Freely


[link to youtu.be (secure)]


 Quoting: datadayedetet


That's badass, thanks! hf
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: 79217191
Canada
08/02/2020 10:33 AM
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Re: Country is in worse depression than in the 30's...
Depression? There plenty of places around here begging for new hires. My stepson's girlfriend took all of 1 day to find a job. Then when she discovered she couldn't do the job she got another that evening. Doesn't look like one to me. I grew up in WV. I've seen hard times. These may be insane times but they're not that hard. I've lived with zero jobs among 30,000 people. I was reduced to stealing to get by. Stealing gas, food, etc.
 Quoting: ookie


You're too self-absorbed to understand your town is not the entire country, and that this current "boom" is temporary. Not to knock you, but I've observed your posts for long enough to surmise that you live in a bubble.
Anonymous Coward
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Panama
08/02/2020 10:33 AM
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Re: Country is in worse depression than in the 30's...
What false flag will they try next? War?
 Quoting: Anonymous Coward 79209252


Well, the deep state will certainly try to use up the last remaining wealth and blood of America to go after Iran.
 Quoting: Anonymous Coward 76561535


and/or China
Mistress C

User ID: 77082640
United States
08/02/2020 10:34 AM

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Re: Country is in worse depression than in the 30's...
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
 Quoting: Anonymous Coward 79069073


yep.

Asia is the problem. 6 billion people in Asia. 1 billion in Americas and elsewhere.
Anonymous Coward
User ID: 79217191
Canada
08/02/2020 10:36 AM
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Re: Country is in worse depression than in the 30's...
One thing is for sure...

Back in the depression of the 1920's, the country wasn't 26 trillion dollars in debt...
 Quoting: COVID19


The main difference is the country was 92% white.
We stayed civil.
With the "new" Americans civility is out the window.
 Quoting: Anonymous Coward 77688921


The white ones aren't any better. Look who was doing most of the Antifa rioting.

40 years of dysgenics - thank you welfare and single mom households!

Most soy bois are white, as are all these fat SJWs and webcam whores.

There's not the social cohesion of the past, no matter the race.
Hnry Bwmn

User ID: 79139269
United States
08/02/2020 10:37 AM
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Re: Country is in worse depression than in the 30's...
alienated families, stratified population, in debt up to their eyeballs, reliant on pills and potions, addicted to drugs and drinks, with effeminate or infiltrated churches and "pastors" that seemingly stand for nothing and act as some type of guardian for the status quo, masses of sheep that can't turn off the idiot box - that are willing to wear symbols of submission because they are rootless cosmopolitans that believe in absolutely nothing absolutely.
 Quoting: Anonymous Coward 76805704


"rootless cosmopolitans that believe in absolutely nothing absolutely"


Kinda Blunt, aren't we?

But TRUTH is Always painful.


Last Edited by Hnry Bwmn on 08/02/2020 10:37 AM

"Pissed Off Patriot"
Retired Union Millwright, Turbine Mechanic

<}~ Seeker of the Black Crown ~{>
}> I Am the Storm <{
~Hnry~
Anonymous Coward
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Canada
08/02/2020 10:38 AM
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Re: Country is in worse depression than in the 30's...
Two more weeks...
Anonymous Coward
User ID: 79217191
Canada
08/02/2020 10:39 AM
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Re: Country is in worse depression than in the 30's...
Most people aren't in a good position like you Brief...they invest in a meal for that day...
 Quoting: King Triad


Most people weren't handed a successful business by their dad either...
 Quoting: Anonymous Coward 74896251


That explains a lot.
Anonymous Coward
User ID: 79209252
Sweden
08/02/2020 10:39 AM
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Re: Country is in worse depression than in the 30's...
What false flag will they try next? War?
 Quoting: Anonymous Coward 79209252


Well, the deep state will certainly try to use up the last remaining wealth and blood of America to go after Iran.
 Quoting: Anonymous Coward 76561535


and/or China
 Quoting: Anonymous Coward 66204412


Yeah now that the virus NWO is failing they may go for broke.
Anonymous Coward
User ID: 66204412
Panama
08/02/2020 10:39 AM
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Re: Country is in worse depression than in the 30's...
just one day i heard that the top 5 largest USA companies, which at the moment are doing the best, AMAZON, GOOGLE, TWITTER, mostly technology and retail firms, represent 20% of Wall Street value

hence they're the ones pumping up the markets, doing the manipulations causing this fake effect of making the markets look strong

but soon, one day it will come down like a lightning and will carsh, 2008 will be child's play of what's to come
 Quoting: Anonymous Coward 66204412


just one day i heard that the top 5 largest USA companies, which at the moment are doing the best, AMAZON, GOOGLE, TWITTER, mostly technology and retail firms, represent 20% of Wall Street value

hence they're the ones pumping up the markets, doing the manipulations causing this fake effect of making the markets look strong

but soon, one day it will come down like a lightning and will carsh, 2008 will be child's play of what's to come
 Quoting: Anonymous Coward 66204412


also the carsh of 2008 didn't happen in a month or a year, but it gradually came, accumulated to it during the previous years

American billionaires have made an average of $42 billion a week throughout the pandemic

The collective fortunes of American billionaires grew an average of $42 billion during each week of the coronavirus pandemic, a new analysis by the Americans for Tax Fairness and the Institute for Policy Studies found.
During the coronavirus crisis so far, which the think tank classifies as starting on March 18, billionaires' fortunes grew by more than $700 billion.
Despite the pandemic's widespread financial fallout, the fortunes of many ultrawealthy people have continued to grow even as an unprecedented number of Americans filed for unemployment.
Tech billionaires such as Amazon's Jeff Bezos and Zoom's Eric Yuan profited the most, according to research firm Wealth-X's Billionaire Census.

[link to www.businessinsider.com (secure)]
BodilessModerator
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08/02/2020 10:40 AM

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Re: Country is in worse depression than in the 30's...
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


N. O. T

E. V. E. N

C. L. O. S. E

Read some history
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
Hnry Bwmn

User ID: 79139269
United States
08/02/2020 10:41 AM
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Re: Country is in worse depression than in the 30's...
What false flag will they try next? War?
 Quoting: Anonymous Coward 79209252


Well, the deep state will certainly try to use up the last remaining wealth and blood of America to go after Iran.
 Quoting: Anonymous Coward 76561535


and/or China
 Quoting: Anonymous Coward 66204412


Yeah now that the virus NWO is failing they may go for broke.
 Quoting: Anonymous Coward 79209252


YUP

And Soon.


"Pissed Off Patriot"
Retired Union Millwright, Turbine Mechanic

<}~ Seeker of the Black Crown ~{>
}> I Am the Storm <{
~Hnry~
Anonymous Coward
User ID: 77419313
United States
08/02/2020 10:42 AM
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Re: Country is in worse depression than in the 30's...
Those that can get food for several months do so

Once evictions start they will put a stop to that and will tell all people remain wherever you are so that millions are not on the street

Landlords may get more funds to cover some lost rent

the banks will implode from debt at some point
This upcoming stimulus will help for a few more months. Most $ will go to huge corporations. Little people, as last time will get some crumbs. That is what they are going back and forth on 1 trillion vs 3 trillion. Dems want to blow as much as fast as they can to try to affect election hoping it implodes. Rep trying to make it last a bit longer but does not matter. Either way we are screwed.

Supply chain further break down shortages etc may be little to no food at grocery store again. Manuf. plants will not be operating at full capacity or temporarily shut again.

I don't know about electricity gas water whether it will keep running. I would think gov't would do whatever it could to keep up and running. But if it goes, millions will die.

Coin shortage whether fake or real will continue to get worse.

You will hear some rumblings about reparations. They already have it baked in to get reparations because they will continue to help black businesses black areas nice names like economic revitalization. Just another form of welfare basically.
Christmas will be cancelled for the most part for many as far as the gift part.
further inflation
further unemployment increases
Covid wave 2
further civil disturbances
not sure about asteriods
whatever else but......

big troubles coming.
Anonymous Coward
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Canada
08/02/2020 10:42 AM
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Re: Country is in worse depression than in the 30's...
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....
 Quoting: Anonymous Coward 22847021


Wrong.
It was not doing great.
We have been bailing out the bankers since 2008, trillion dollar repo purchases and QE infinity.
 Quoting: Anonymous Coward 79178057


No empire in history has ever been able to afford to succeed in defending its borders or international interests, placate its population with freebies, AND maintain the self-indulgent, decadent lifestyle the ruling class insist on having.

At some point, something has to give. Rome was already falling apart before the Vandals descended, so was Byzantium before the Turks.
Anonymous Coward
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United States
08/02/2020 10:42 AM
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Re: Country is in worse depression than in the 30's...
when the evictions kick in there will be violent revolution
 Quoting: Anonymous Coward 76768146


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
 Quoting: Anonymous Coward 79217251


Exactly.
The Secret Police released in Portland along with the manufactured protests are all part of a trial run for what is coming.

They have pacified the citizens to accept the secret police with no questions asked.





GLP