Its all a cycle to me, the peaks, dips and durations I cant really call, only roughly...seen many over my life..in fact the dips are great buying opurtunities...in Alberta now good deals on use trailers (kijiji) and other toys, been checking out a few properties for some friends and much better rural land prices can now be negotiated. I can now get shipping containers for a thousand less than I paid just last spring.
Collapse? don't know.. ..but also don't care as such..wont effect me...if it happened I would just look for a up side and adapt.....but I wouldn't be so quick to say that if I was younger....I have skills, resources, and live modest...periodicaly do a accounting of living costs and my biggest cost far above everything else....GAS, actually that's about my only cost... no work for me means I am not burning gas and my cost of living drops...im better off...... (side note...actually as of last month I have no job...by choice....got some things to do for the next 6 months-year and work just interferes with my time to much)
Here is a graph to think about...has China now crossed the point where manufacturing costs are now great enough that manufacturing can now be done in other emerging countries for a similar price and if so the implication being that the bottom has been found cost wise for our silly plastic trinkets....
It would be clearer to call if they had separated manufacturing from construction, but still it show all gdp growth since 2013 in services, not manufacturing. Remindes me of the 80's when the service economy took off here.
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
Yes. Just had a visit from someone who lives in China and is moving out. The factories are being shut down and moved out as well. Indonesia, Thailand, and others are taking over. The cost of living in China along with the wage demands have gotten too high. Our friend moved to China because his money would last twice as long. Now he has sold out and is moving back to Taiwan for the same reasons.
So, all gdp growth is in low paying service. Lets make sure everyone gets the picture. We don't produce. We Consume. What could possibly go wrong?
The US will be buying less of our "stuff". Our Back up plan, China, will be buying less of our "Stuff"
A commodities crash meets a housing bubble in a bar. Stop me if you have herd this joke......he whips out a tiny little piano....
I have a Tactical Harness and I have a Tool Belt. The Tool Belt is more Useful.
True enough...we don't manufacture anything..(or little)....the other shoe just dropped, China devalued its currency yesterday. Looks to me like I bold step to boost sales, and goose the economy. I don't even remember them doing that in 2008.This will be a longer deeper recession than 2008, just my quess
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
well they did it again after swearing that the 1.9 % cut to the value of their currency was a one time correction not to be repeated they just cut it again by 1.6% that's a 3.5% devaluation in 2 days...that would be considered very aggressive. my mind wonders what data would they have been looking at the made them devalue their currency even more after denying they wouldn't in a span of 24hrs.....may we live in interesting times
This is drastic....they really have been careful laying the ground work for their currency as a alternative to the US dollar as a reserve currency alternative, or at least as a major component of a basket of currencies as a alternative to the US dollar.....for them to do this leaves me wondering just how bad is the data?
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
We've also been watching kijjiji for good deals on a used toy hauler.
We want something that we can haul a lot of supplies around in, in a short period of time, which we can also live in if shtf. If we have to do like the depression era families and travel wherever the work is available, this will be useful as we are looking for an ultra-light model. It may also be harder for the banks to foreclose on a home that they can't find lol... if it got reeeeaaalllly bad.
If it rebounds, we'll have a well-priced camper to go on holidays and hunting.
Sept should be a good time to find a deal, lots of lay offs right now, though next year at about this time should be even better as unemployment for many will have run out, I notice more welding rigs for sale now
Unlike that 2008/9 slow down, that was corrected with ficticious financial banking accelerants this one is more structural....forget gold and silver as indicators....I have always watched the price of copper, not so much spot but the moving average..the true indicator of industrial production......
its been sliding since 2012, 1/3 less in value than a year ago.
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
I can faintly hear the orchestra starting to play in the mist of the night, as the unsinkable is taking on waters to fill it's bowls.
Depicting a segment in the movie Titanic, I find a similarity.
While the elites are quietly shuffling to the life rafts, they instruct the News and media to lull us with a symphony so we wont suspect the urgency.
God bless all you preppers, your seeing the signs, you smell somethings in the air, your gut tells you prepare, something is coming around the corner. I can sense it too, I'm reading the signs on many different fronts and watching the shuffling of the elites.
All are indications to prepare to survive what's coming soon.
Nobody is coming to rescue you until they need to, till then your on your own.
We will be the last to know if a doom'ish event is on it's way right now, the elites don't want us bottom feeders to clog up the bridges or raid the supplies before they get to safety. Under the guise "not wanting to get everyone in a panic" they are keeping quiet.
Glad to see not all are hypnotized into a deep sleep, the preppers for one are wide awake!
Getting ready for all sorts of situations and planning to strive well into and beyond any break-down of all kinds.
I'm glad to see no one has pulled the wool over your eyes, preppers of tomorrow, bravo!
who are the elites?
https://www.internationalpreppersnetwork.net/viewtopic.php?f=57&t=7738
Yes, I've heard a lot about "the elites" leaving the country, running to bunkers, yada yada, but not one person claiming this can give even one eye witness account of an "elite" doing this. Even the biggest fear monger of all time, Alex Jones, seems to have gone off the deep end on this one. All the while setting up for nothing to happen by saying that "humanity may still stop this".
The latest panic date is sometime mid September, depending on what event and which group is sounding the alarm.
Some of what I've heard...
Worldwide economic collapse
Planet sized Asteroid on collision course
Niburu (the invisible planet that never seems to get here is on it's way again)
The Rapture
The Illuminati (finally ready for world domination after hundreds of years of preparation)
And I'm pretty sure I've heard the lizzard people thing again.
In any case, the latest date predicted is Sept.24.
September 25 should be the quietest day for the alarmists since December 13, 2012!
Yes, I've heard a lot about "the elites" leaving the country, running to bunkers, yada yada, but not one person claiming this can give even one eye witness account of an "elite" doing this. Even the biggest fear monger of all time, Alex Jones, seems to have gone off the deep end on this one. All the while setting up for nothing to happen by saying that "humanity may still stop this".
The latest panic date is sometime mid September, depending on what event and which group is sounding the alarm.
Some of what I've heard...Worldwide economic collapse
Planet sized Asteroid on collision course
Niburu (the invisible planet that never seems to get here is on it's way again)
The Rapture
The Illuminati (finally ready for world domination after hundreds of years of preparation)
And I'm pretty sure I've heard the lizzard people thing again.In any case, the latest date predicted is Sept.24.
September 25 should be the quietest day for the alarmists since December 13, 2012!
I'm not here to debate which stories are true or not, and as usual in this forum, the message is oblivious to the nit pickers.
You sit in the side lines waiting for someone to post something just so you can make a negative remark and feel smart about it.
So I'll spell it out for you, You will be the last to know, so prepare and keep a vigilant eye out for signs. The financial markets is what my post was about, nothing more. If you want to turn this into a Illuminati/Nibiru garbage, it's all on you!
As peppercorn is following the copper markets as a tell tail sign, I say bravo and let's apply this. Don't wait to see it on the Fox news at six.
Hey, I'm not looking for a fight or debate...
just wondering which "elite" you have witnessed doing what.
I have no misconceptions about the economy...it's always been just a matter of time and how long politicians can make it work before it collapses.
But again, it is YOU that mentions the "elite" doing something, so I ask...what have YOU PERSONALLY seen?
And no, I don't accept answers like "do your own research" or "the writing is on the wall".
You claim that someone is doing something so I assume you have proof with your own eyes and not just regurgitating the same old stuff that the alarmists have been trumpeting for decades.
I'm open to the idea, but only if you can provide proof of the elites and their life rafts.
Hey, I'm not looking for a fight or debate...
just wondering which "elite" you have witnessed doing what.
I have no misconceptions about the economy...it's always been just a matter of time and how long politicians can make it work before it collapses.
But again, it is YOU that mentions the "elite" doing something, so I ask...what have YOU PERSONALLY seen?
And no, I don't accept answers like "do your own research" or "the writing is on the wall".
You claim that someone is doing something so I assume you have proof with your own eyes and not just regurgitating the same old stuff that the alarmists have been trumpeting for decades.
I'm open to the idea, but only if you can provide proof of the elites and their life rafts.
http://beforeitsnews.com/alternative/2012/08/china-launching-gold-backed-global-currency-2451114.html
http://www.shtfplan.com/headline-news/russia-and-china-furiously-buying-up-gold-as-a-global-currency-crisis-albeit-unstated-is-underway_01202015
http://www.silverdoctors.com/bundesbank-to-repatriate-374-tons-of-gold-from-bank-of-france-yet-to-be-announced-portion-of-gold-held-at-the-ny-fed/
The elites are doing something....
Here is your proof.
If my post was about Nasa saying it's not when a solar flare will hit the earth, but when! Would you be asking proof and eye witness accounts?
If I post that I planted tomatoes in my garden, would you ask proof from eye witnesses too?
Since when are we slandered and ridiculed and asked to bring forth proof and witnesses on a prepper forum.
The elites are heading for their rafts is just an expression on an example taken from a movie...geese!
Get over it.
Again the Message is the key! 'Look for the signs'
Oh look, Something shiny...Ninja Smoke Bomb!...
In some ways, this post is part 3. It started as, Greece? Then it was, China? The China post disappeared without much conversation. After a bit more thoughts on the matter, Ive come to the conclusion that this has everything to do with China. Im not scapegoating here. What I mean is that I sort of have been coming to grips with that all of the worlds GDP growth may have had something to do with Chinas big economic growth spurt. Now that the bubble is popping, were scratching our heads going, "Oh, I guess they were buying ALOT of commodities to make Stuff...and now they will be buying less Building materials...And wow, our stock markets are stupidly high for some quantitative reason...and... ." Someone has pointed out that China is really really big, right? 😕
I have a Tactical Harness and I have a Tool Belt. The Tool Belt is more Useful.
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Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.