Forecast: 2019 - And it isn't pretty

Generally, all of the same people predicting the 2008 crash are back and very vocal about the debt and inflation issue we are currently seeing today and predicting some major changes. Hell, I believe on an unconscious level, the gut feelings of danger are being felt in society even though we don't know what is wrong.

I think 2019 will be an interesting year on multiple fronts. Prepare wisely.


kunstler.com...#-nation/forecast-2019-ding-ding-margin-call-usa/

Markets and Money

The jig is really up. The big bad bear market is already underway, even if it rallies in January. The debt bubble engineered by the Federal Reserve is blowing up and thundering through the system. The epic market instability of December 2018 on the heels of persistent Fed rate hikes points to major credit problems and especially an inability to roll over old debt into new loans at higher interest rates — in particular loans to zombie enterprises that need to borrow to keep paying interest on previous loans (a lot of that among the shale oil companies). The US government can’t take higher interest rates either. It’s already paying about as much in annual interest on US debt as we pay for our war machine. There are only two ways out, both of them nasty. Either suck up debt defaults, which will induce an impoverishing disappearance of money; or provoke high inflation, by injecting more Central Bank QE “money” into the system, which can destroy the value of money. Inflation is typically the choice of governments because it reduces the face value of debts while it allows government to pretend that it is taking action. In the end, you may have plenty of worthless money, which is no different from having not enough money that retains value. The latter was the main feature of the Great Depression.

ronpaulinstitute.org...

An economy built on fiat currency and public and private debt is unsustainable. Eventually the bubbles will burst. The most likely outcome will be the rejection of the dollar’s world reserve currency status due to government debt and the Federal Reserve’s monetization of debt. When the bubbles pop, the result will be an economic crisis that will likely dwarf the Great Depression.

The fall of the dollar and the accompanying economic downturn will make it impossible for the government to continue running up huge debts to finance a massive welfare-warfare state. Thus, Congress will be forced to raise taxes and cut benefits. Cowardly politicians will likely outsource the job of raising taxes and cutting benefits to the Federal Reserve. This will cause a dramatic increase in the most insidious of taxes: the inflation tax.

As the Federal Reserve erodes the value of the dollar, thus reducing the value of both earned paychecks and government-provided welfare benefits, a large number of Americans who believe they are entitled to economic security will react by engaging in acts of violence. Politicians will use this violence to further crack down on civil liberties. The resulting economic and civil unrest will further the growth of authoritarian political movements.

It would be nice if the Fed would give Trump the same treatment that Obama had for his eight years in office. Having zero percent Fed Funds Rate for eight years was nice and now they are hitting Trumps economy every month or so.

This is just more of the Elites manipulating all of us.

So, we can make bitcoin, but not our own paper currency?

Bypass the wealth redistribution scheme with US citizens only dollars?

Or do we hate ourselves that much?

a reply to: infolurker

I think it is coming, I'm just not sure it will happen in 2019.

Either way I'm ready.

Yeah, Obama didn't fix anything, and Trump has not really fixed anything correctly. Trump being elected just instilled faith in our system because of his ideas, his presidency has not brought many needed manufacturing jobs to America.

We need to bring manufacturing jobs back to the US to stabilize the Economy. Manufacturing jobs that produce things people need, our wants get put on hold during bad economic times, but people still need parts to fix their cars and some small appliances and some kitchen appliances. People also need foods produced here produced by smaller farms instead of big corporations. These kind of jobs on things we need can stabilize the economy. There will not be a lot of construction being done, and people will not need solar panels and computers if they have a problem with job layoffs. If some people in a family have a stable job and are working, they can help out their kids or partents and their siblings through tough times. Back in the crash of twenty nine, Farmers still supplied their friends and families in their communities with food. Being too dependent on the system to provide our needs can cause civil unrest during hard times when the system gets messed up.

originally posted by: Metallicus
It would be nice if the Fed would give Trump the same treatment that Obama had for his eight years in office. Having zero percent Fed Funds Rate for eight years was nice and now they are hitting Trumps economy every month or so.

This is just more of the Elites manipulating all of us.

The problem with that is that Obama misused that which led to further debt of citizens over the years, they bought things they did not really need instead of putting some money in the bank and paying off their debt. Lowering the rate can stimulate the economy but should only be done on a short term basis, maybe a couple of years or so.

The world economy is up for some rough times. Politicians of both parties should be seeking solutions fast to fix it. But they don't. They keep bickering about things that really don't matter. The democrats keep pushing their silly Russia investigation. The republicans (or Trump rather) don't want a budget without funding for the border wall. Those things are so stupid that it's not even funny, because very soon we will get a crisis that will dwarf the great depression. The time to do something about it is now.

a reply to: infolurker

If there are only 2 options and 1 is making money worthless that would put all of us in the same boat, however if money simply becomes scarce the rich will remain rich and the poor will suffer and I don't think you need to be all that clever to see what will happen next, the rich will never give up their riches.

a reply to: infolurker

Extremely low gas prices.
Record-setting holiday shopping.
Lower taxes.
Americans packing global vacation get-aways..

NOT PRETTY? We need more ugliness, lol.

great thread infolurker, I almost did a thread on the topic of debt again today because it's a bigger issue than people realize but then I thought why waste my time? however since you've taken the liberty yourself I would like to contribute

www.history.com...

Throughout the 1920s, the U.S. economy expanded rapidly, and the nation’s total wealth more than doubled between 1920 and 1929, a period dubbed “the Roaring Twenties.”

By then, production had already declined and unemployment had risen, leaving stock prices much higher than their actual value

see the bold text?

Additionally, wages at that time were low, consumer debt was proliferating

On October 24, 1929, as nervous investors began selling overpriced shares en masse, the stock market crash that some had feared happened at last. A record 12.9 million shares were traded that day, known as “Black Thursday.”

Market Watch

The average stock is overvalued somewhere between tremendously and enormously

Lexington Law

Total consumer debt is on track to reach $4 trillion by the end of 2018, according to an analysis of Federal Reserve data. That’s an amount with twelve zeros. Collectively, Americans owe 26 percent of their income to this debt and spend 10 percent of their individual monthly income on non-mortgage debts like car loans, credit card accounts and student or personal loans.

Pew Research

For most U.S. workers, real wages have barely budged in decades

But what do I know I'm just a carpenter and student

a reply to: infolurker

They said the same think about 2018..

Turbulent, indeed but someone will always gain. Redistribution of wealth...

In May the planet Uranus will enter Taurus where it was briefly last year but will now traverse until 2026. The last few times Uranus did this were: 1934 -1942, 1950 - 1859, 1767 - 1775, 1683 - 1691 and 8/1515 - 3/1524. We can expect similar issues regarding money, land, political intrigue, growth of luxury goods, credit issues and natural disasters, etc. worldwide.

But, if we are prepared, we can influence the outcome greatly. Victory gardens, bartering, dealing in basic monetary denominations. local/community focus. It won't happen everywhere, but it will happen. Could we see money reduced to 5 currencies? Be flexible and don't rely on the system.

a reply to: BlissSeeker

ooooo Uranus and Taurus

www.astrology.com...

Globally, the Uranus transit of Taurus may result in innovations and breakthroughs in the handling of our most important asset — planet Earth, our home. Conversations about climate change, green energy, off-grid living, and Earth-friendly diets may become an important component of the cultural zeitgeist. Some astrologers believe that Uranus in Taurus will disrupt financial markets globally, enabling the further rise of alternative currencies such as bitcoin.

I'm expecting XRP and BTC to rise with market volatility

But hey, let’s not forget that Uranus, being the planet of rebellion and sudden change, might mean it showing its cleverness and deviance in the most unpredictable, unexpected ways.

an event seems likely I've been watching the markets really close this year as I'm trying to get educated on how they really work (no easy task btw)

a reply to: BlissSeeker

Ok check this out... in 1934 FDR signed The New Deal...

Progressive Democrat's have been talking about the Green New Deal for a while. By 1934 we had already been in the great depression, the market crash happened in 1929, but the affects last much much longer.

So anyway, considering the energy of Uranus and Taurus and the current market volatility I would say that Trump will take advantage of this and earn progressive support by pushing a Green New Deal through the pipeline.

Also, the securities exchange act was signed in 1934.

www.investopedia.com...

What was the Securities Exchange Act Of 1934 The Securities Exchange Act of 1934 (SEA) was created to govern securities transactions on the secondary market, after issue, ensuring greater financial transparency and accuracy and less fraud or manipulation. The SEA authorized the formation of the Securities Exchange Commission (SEC), the regulatory arm of the SEA. The SEC has the power to oversee securities, such as stocks, bonds and over-the-counter securities, markets and the conduct of financial professionals including brokers, dealers and investment advisors, and monitor the financial reports that publicly traded companies are required to disclose.

Major market volatility starting in Jan. Watch the dead cat bounce. Trump will respond to the volatility with banking regulation and The Green New Deal.

a reply to: Metallicus

Yes it's clear they are trying to sabotage his achievements and his entire presidency.

originally posted by: ZornsLemma
The world economy is up for some rough times. Politicians of both parties should be seeking solutions fast to fix it. But they don't. They keep bickering about things that really don't matter. The democrats keep pushing their silly Russia investigation. The republicans (or Trump rather) don't want a budget without funding for the border wall. Those things are so stupid that it's not even funny, because very soon we will get a crisis that will dwarf the great depression. The time to do something about it is now.

I'm curious, do you honestly think the current budget issue would solve this if Trump gave in on the wall?

a reply to: JAGStorm

How does one get ready? Serious question. I have money in stock, 401, etc.

a reply to: SirKonstantin

I don't think you should listen to anyone on the internet but I think most people just take their money out of the narket aka cash or look at commodities like silver and gold

a reply to: SirKonstantin

like toysforadults said, financially you shouldnt take advice from people on twitter, facebook or any internet based platform, you should seek advice from your own financial consultant, there are lots of deceivers on the net, but then again there is a tool called Hedge that you might want to know about