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Will this be anything like when covid was hitting hard and you predicted we will never return to 2019 levels of economic activity?
After you looked so foolish with that one, what changed where you suddenly know what you're talking about?
In the next eight years, once the entire system crashes down permanently, when the chaos, discord, total destruction, and lawlessness will be so extraordinary that future writers will speak of the unfathomable or unspeakable horrors afterward (if there are any writers left in the future to record history that is), and all of what is now the US will become one giant funeral pyre burning to the very heavens above, will you still be gloating about this?
It is noted you're stretching out your time frames more after getting humiliated so often. Folks, by 2030 it's really hitting the fan.
Quote:
Originally Posted by Taggerung
once the entire system crashes down permanently, when the chaos, discord, total destruction, and lawlessness will be so extraordinary that future writers will speak of the unfathomable or unspeakable horrors afterward (if there are any writers left in the future to record history that is), and all of what is now the US will become one giant funeral pyre burning to the very heavens above, will you still be gloating about this?
Well, yes. I will gloating over doomsday people who are always wrong, demonstrate no working education or knowledge of what they are talking about, and generate thread after thread as a virtual cry for help from mental illness.
It is noted you're stretching out your time frames more after getting humiliated so often. Folks, by 2030 it's really hitting the fan.
Well, yes. I will gloating over doomsday people who are always wrong, demonstrate no working education or knowledge of what they are talking about, and generate thread after thread as a virtual cry for help from mental illness.
The people with the real mental illnesses are the individuals like you- those who believe this terminally unsustainable paradigm can persist indefinitely.
In the next eight years, once the entire system crashes down permanently, when the chaos, discord, total destruction, and lawlessness will be so extraordinary that future writers will speak of the unfathomable or unspeakable horrors afterward (if there are any writers left in the future to record history that is), and all of what is now the US will become one giant funeral pyre burning to the very heavens above, will you still be gloating about this?
I love how you make me seem so entirely optimistic Taggerung!!!
I can see some market tanking in our future; but, I don't think it's the end of the world. The end of the world is a separate topic and is brought about by the heating of the planet whereby humans lose their habitat and can no longer grow food or have clean water and lose their ability to survive. In the long run our survivability is zero.
Hyperinflation? I was perusing cable news today and the chatter was the FED is going to back off of interest rate hikes due to the Russian invasion. Seems like we need those hikes more than ever. Fuel is going to go to the moon and so will everything else. We will wish we could go back to the days of early 2022 when inflation was only 7%.
Yup, when hyperinflation hits, and the average paycheck no longer buys a bag of dog food, people will indeed reminisce on the "good ol' days" when inflation was "only" 7%.
Hyperinflation? I was perusing cable news today and the chatter was the FED is going to back off of interest rate hikes due to the Russian invasion. Seems like we need those hikes more than ever. Fuel is going to go to the moon and so will everything else. We will wish we could go back to the days of early 2022 when inflation was only 7%.
We are not close to hyperinflation - hyperinflation is normally defined as inflation above 50% a month - somewhere around 130,000%/year not 7%.
Might glance at the calendar, we are only 60 days into 2022, sounds like early 2022 to me - not much danger of inflation going much above 7% currently. The fighting in Ukraine will likely cause some reduction in the market forces which is why they may do less increases. We do need hikes but the danger is too much will cause the economy to tank.
The people with the real mental illnesses are the individuals like you- those who believe this terminally unsustainable paradigm can persist indefinitely.
Yep everyone else is mentally ill, but you, the person who obsessively makes basically the same thread over and over about doom coming and not learning from your own horrible track record, are the sane one.
You know there is a saying somewhere about how when everyone else seems crazy it isn't them...
Why do you think we are not already in Stagflation / hyperinflation? We're living it already.
The inflation we have now is phenomenally mild compared to what we're going to get.
Quote:
Originally Posted by lieqiang
Let me guess, within eight years?
Yep everyone else is mentally ill, but you, the person who obsessively makes basically the same thread over and over about doom coming and not learning from your own horrible track record, are the sane one.
You know there is a saying somewhere about how when everyone else seems crazy it isn't them...
This world is a giant lunatic asylum.
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