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Also, resource depletion, peak oil and the coming energy cliff will destroy the value of paper assets suck a stocks, no matter how fervently Fed-gov tries to prop everything up.
Peak oil isn't real. It's a construct. The crack up boom is extreme; we'll see a depression before we lose control of the Dollar.
If you want to be depressed about something why don't you focus on the end of life on planet earth -- LOL. That's what's really happening that is going to grow more devastating over time.
The crack up boom is extreme; we'll see a depression before we lose control of the Dollar.
We are not "allowed" to have recessions/depressions. The 'depression' will be the result of the crack-up boom.
Quote:
Originally Posted by Wile E. Coyote
If you want to be depressed about something why don't you focus on the end of life on planet earth -- LOL. That's what's really happening that is going to grow more devastating over time.
That won't happen for many, many eons from now. Man himself may go extinct due to the coming crisis. That is an extreme possibility, but certainly not impossible.
This whole entire fantasy is being marketed by people trying to sell shares in foreign stock markets and foreign bonds, etc. They want you to take money out of the Western system and instead invest in Mexico or China. Lame brained idea. Make a few billionaires rich while it damages Western system. Putin loves the idea.
We are not "allowed" to have recessions/depressions. The 'depression' will be the result of the crack-up boom.
That won't happen for many, many eons from now. Man himself may go extinct due to the coming crisis. That is an extreme possibility, but certainly not impossible.
It's not extreme; its going to get too hot to grow food and have water...
They always find more oil. I realize they think they have 40-50 years; but, they continually find more.
Humans don't have much time due to the heating of the planet... ...incoming...
Water is a far bigger issue than oil. But, good luck with that.
This paradigm is tragically absurd, phenomenally destructive, stark raving mad, and terminally unsustainable.
Perpetual economic growth and debt expansion is impossible in a finite realm.
If you believe otherwise, you are either a drooling idiot, a raving lunatic, or a mainstream economist.
So we have had economic growth almost continually for almost 250 years - what makes this year any different - why is this year the one that becomes "terminally unsustainable".
Those that keep posting the same stuff about "peak oil" over and over again....?
So we have had economic growth almost continually for almost 250 years -
And it is coming to an end....
The runaway train of perpetual economic growth and debt expansion is about to crash into an utterly unforgiving concrete wall of finite resources and energy
The runaway train of perpetual economic growth and debt expansion is about to crash into an utterly unforgiving concrete wall of finite resources and energy
You do have a way of making it sound almost poetically romantic.
The runaway train of perpetual economic growth and debt expansion is about to crash into an utterly unforgiving concrete wall of finite resources and energy
You failed to answer - what is the driver for this year being the year everything fails after almost 250 years and why post the same stuff time after time.
You failed to answer - what is the driver for this year being the year everything fails after almost 250 years and why post the same stuff time after time.
If one is going to predict doom you need to predict the same things over and over …one day it may even happen
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