Quote from: Ranly123 on January 10, 2019, 09:52:47 AM

Quote from: jjjfff on January 09, 2019, 03:53:42 PM

Remember 2008?

People lost their homes, cars, savings, some lost everything. Lots committed suicide, others got in to drugs or heavy drinking.

The 2008 banker heist destroyed thousands of lives and totally slowed down millions of others.

The corrupt system went and made YOU pay for their theft. The People paid the bill against their will, because no one chooses to pay tax.

Get ready for the new cycle

A lot of people have been trying to warn about what's going on now right under our noses.

The FED has printed over U$ 22 trillion since 2008. The only reason the markets went up is because the FED printed all this money to pump it up.

There is no economic recovery, there is no real growth. There is no demand for oil or gasoline which are the main fuel for the economy. Nobody's buying gas, it's building up in repositories. If nobody's buying gas, nobody's driving, products aren't moving, the economy is NOT growing. The only reason oil goes up is when OPEC agree to use their monopoly powers to cut production. There is no demand.

Same thing with the FED, there is no real valuation in the markets, the FED is simply helping their banking buddies pump the markets.

When the FED says "we'll stop printing money for just a bit" the markets crash 5% in one session. There is no real value.

Everyone's in denial right now

People are in denial. There is U$ 250+ trillion in debt floating around. Nobody's going to pay this debt.

The crash is imminent.

When it crashes there won't be time to get out.

What should I do then?

Pay up your credit card debt and any other debt immediately. You will be crushed if you're caught in debt when this new crisis arrives.

If you were planning on spending big on something new, reconsider.

Buy Bitcoin or gold or something that should survive the coming crash.

The banking system is one big ponzi scheme and if the economy slows down the crash is inevitable. The whole system is based on the premise of exponential growth. Growth upon growth, year upon year, quarter upon quarter of composite growth.

There is no way this can work. It's been pushed forward for 10 years now since the 2008 banking heist and now the signs are everywhere. The new crash is imminent. May happen now or in a year, you never know, but it's upon us.

When it happens, do not go to Wall Street with a camping tent and your hippie beard and pretend you weren't warned. "We are the 99%". No shit sherlock, the system is a ponzi meant to enrich the 1% not for you. You were warned.

If what you have said is true, then it would be good to invest in non tangeble products so we could not get totally affected by the upcoming crisis as what you stated. But these kind of warning would make people panic and could not think properly on what to do for the next to happen.

Avoiding debt, especially credit card, is a big step towards being safe during the upcoming crash. Banks will become desperate to keep their ponzi going and average Joes will be the ones to feel their credit sucking wrath.

There has been ample warning. People should think calmly about this. There is no way the world can continue sitting on hundreds of trillions of dollars of nonexistent value-less debt. It's a time bomb.

Quote from: Naida_BR on January 10, 2019, 09:42:34 AM

Hopefully, I am very happy that I find someone who shares the same opinion as I do.
I believe that the next crisis is near and it is inevitable. After these years of growth in the Stock Markets and the continuous increasing growth rate of the global economy, we should not overcome the fact that the bubble is gonna blow.
The best option that individuals have to do is to pay any debt and try to save their money value in assets that will not be affected by the crisis such as Bitcoin.

Happy to know that others have seen the truth as well.

I agree with you, gold and BTC will probably be the main reserves during the crash. Kind of ironic considering that this banking ponzi scheme took off precisely when they ended the gold standard.