It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: noeltrotsky
So what happened? Or what is about to happen? Let your imagination run wild...
originally posted by: TechniXcality
Sounds like one hell of a party the federal empire
originally posted by: notmyrealname
You will all be reading about this sooner than later so, here goes:
The USD as a reserve currency is dead.
The Petro-Dollar is dead.
Normalization is taking place now to see the new Reserve currency segway in the new Reserve Currency the SDR.
I agree none of this adds up especially since the market is sitting at all time highs. The market is in fantasy land and not reflecting what is actually going on. WW3 is coming but how when and where is the question? Too many flash points in the world and too many countries are gearing up for a showdown .
originally posted by: Cygnis
Well, from my understanding..
1. Stocks are over-valued from 200% to 400% of the value, for starters..
2. All the QE and Twists have helped pump things up, and there is no interest rate set by the fed to balance things out.
3. GDP is at all time lows..
4. Unemployment #s are still not reported properly..
5. We're still pumping money out of the USA like a bleeding sponge..
6. NOTHING has been fixed since 2008, it's all been band-aids and cheap scotch tape, instead of repairing the financials.
7. Three major banks failed the Fed stress test, and BofA asked for a re-filing. (So, essentially 4 failed).
8. Housing is still broken..
9. Sub-prime auto loans are still being widely used for auto-financing.
10. There has not been a 10% correction in over 800 days, the third longest period without a correction since 1929, 1999 was the longest of 1200 days of no correction, and that is when the dot.com bubble popped.
So, since nothing has been fixed, and things have been adjusted to make things work, even tho it's busted, we're headed for a worse correction then what we had in 2008. This could be worse then the 1929 crash as well. There has been too much divergence from reality in the financial markets, and they have been, magically, making $100 bills out of pennies.
Looking at numbers across all the world governments, no one is doing well, debt is piled higher then all the plastic waste on the planet, and it's getting worse.
When things get bad, the past two times, we had wars to stimulate the economy. WW1, and WW2 are perfect examples of this.
We are gearing up for WW3, it's coming, and will come just before, or just after the next major crash.
I do suggest stocking up on staples, while you can. Projections range from this spring/summer to 2016 for both war, and the next massive crash. So, anytime, best to error on the side of caution, then to kick the prep down the road.
(Apologies for the long-winded post, the bullet-points are just short notes from the things I've read from other places, and things I've heard from other financial people.).
originally posted by: wantsome
I agree none of this adds up especially since the market is sitting at all time highs. The market is in fantasy land and not reflecting what is actually going on. WW3 is coming but how when and where is the question? Too many flash points in the world and too many countries are gearing up for a showdown .
originally posted by: Cygnis
Well, from my understanding..
1. Stocks are over-valued from 200% to 400% of the value, for starters..
2. All the QE and Twists have helped pump things up, and there is no interest rate set by the fed to balance things out.
3. GDP is at all time lows..
4. Unemployment #s are still not reported properly..
5. We're still pumping money out of the USA like a bleeding sponge..
6. NOTHING has been fixed since 2008, it's all been band-aids and cheap scotch tape, instead of repairing the financials.
7. Three major banks failed the Fed stress test, and BofA asked for a re-filing. (So, essentially 4 failed).
8. Housing is still broken..
9. Sub-prime auto loans are still being widely used for auto-financing.
10. There has not been a 10% correction in over 800 days, the third longest period without a correction since 1929, 1999 was the longest of 1200 days of no correction, and that is when the dot.com bubble popped.
So, since nothing has been fixed, and things have been adjusted to make things work, even tho it's busted, we're headed for a worse correction then what we had in 2008. This could be worse then the 1929 crash as well. There has been too much divergence from reality in the financial markets, and they have been, magically, making $100 bills out of pennies.
Looking at numbers across all the world governments, no one is doing well, debt is piled higher then all the plastic waste on the planet, and it's getting worse.
When things get bad, the past two times, we had wars to stimulate the economy. WW1, and WW2 are perfect examples of this.
We are gearing up for WW3, it's coming, and will come just before, or just after the next major crash.
I do suggest stocking up on staples, while you can. Projections range from this spring/summer to 2016 for both war, and the next massive crash. So, anytime, best to error on the side of caution, then to kick the prep down the road.
(Apologies for the long-winded post, the bullet-points are just short notes from the things I've read from other places, and things I've heard from other financial people.).