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Old Today, 02:48 PM
 
Location: Riding a rock floating through space
1,457 posts, read 401,217 times
Reputation: 3770

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Quote:
Originally Posted by Dd714 View Post
Ah yes THEEE PENDING ECONOMIC MELTDOWN. How can we forget. I put that along with the Zombie Apocalypse and giant asteroid hitting the earth as things one should prepare for.
You aren't a doomsayer, you just are expecting the total collapse of humanity. No problem, prepper forum is probably for you...
http://www.city-data.com/forum/self-...-preparedness/
Then you are quite oblivious. I suppose you think adding a trillion of debt every single year is sustainable? let me guess, just keep printing money out of thin air, just enough to keep from defaulting on loans and keep the stock market afloat with all this monopoly money.
Genius! until it stops working. Max out a dozen credit cards and see how far you go using new credit card cash advances to pay minimum balances of the first dozen. This is pretty much the same lunacy. BUT EVERYTHING WILL BE FINE FOREVER!!! lmfao.
Want to see an obvious indicator for how terrible things are? look at the bitcoin market cap. This is nothing more than those who see reality hedging against collapse of fiat currencies. The sheer fact that this made up currency is worth so much in relation to fiat, and will soon be worth much more, is proof that things are totally screwed, at least it is to me. If we lived in a healthy economy bitcoin wouldn't be worth a nickel, instead it's over $5k and will be over $50k within 3 years. Laugh all you want if you don't believe me, just watch it. It's value is not derived from it's utility, it's derived from those who see catastrophe ahead and there are TONS of them hedging their bets with crypto.

Last edited by duke944; Today at 02:58 PM..
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Old Today, 04:34 PM
Status: "Whiny hipster SoyBeto for POTUS" (set 4 days ago)
 
Location: Brawndo-Thirst-Mutilator-Nation
16,027 posts, read 16,090,739 times
Reputation: 12025
Venezuela, so much potential but they put insane people into power, over and over again.
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