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World economy to crash

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  • World economy to crash

    During and after the financial crisis of 2008 the Federal Reserve took measures to prop up the economy. These mainly included the offering of near 0% interest rates and the expansion of its balance sheet in buying up U.S. treasury bonds and other securities. As of October 1st now the same Federal Reserve has begun to reverse this process by selling off their assets in an accelerated rate. We have already seen how since Trump was elected they have been reversing interest rates with steady increases. So now that these efforts that thwarted a total collapse in 2008 are being removed, it should only be a matter of time until the whole system does come crashing down. (probably by design) Be prepared.

  • #2
    I'm really not worried about this. At all.

    The federal reserve can impact foreign markets, but it doesn't have the financial power to take them down - let alone the whole kit-and-kaboodle
    Anyone who actually believes in the existence of sin will avoid lying about others and misrepresenting them.

    Comment


    • #3
      Originally posted by America View Post
      I'm really not worried about this. At all.

      The federal reserve can impact foreign markets, but it doesn't have the financial power to take them down - let alone the whole kit-and-kaboodle
      Well since the US economy is irrevocably intertwined into all of the other world economies, the domino effect should be quite noticeable. It would be the same if China's economy suddenly fell through and then all the rest would. I am with you though that if perhaps Liechtenstein's economy collapsed it would not cause a worldwide chain reaction. However, when dealing with world superpowers it is quite different.

      Comment


      • #4
        Originally posted by America View Post
        I'm really not worried about this. At all.

        The federal reserve can impact foreign markets, but it doesn't have the financial power to take them down - let alone the whole kit-and-kaboodle
        Your opinion. President Trump is Wharton School You are not.

        Comment


        • #5
          Originally posted by ziggy33200 View Post

          Well since the US economy is irrevocably intertwined into all of the other world economies, the domino effect should be quite noticeable.
          The domino analogy is less accurate than a chain analogy. Causing one domino to fall will cause others to fall, but breaking one link of the chain doesn't break the other links. The US economy is the same; even if it fails catastrophically, other countries' economies will be affected, but they wont necessarily fail.
          Anyone who actually believes in the existence of sin will avoid lying about others and misrepresenting them.

          Comment


          • #6
            Originally posted by America View Post
            The domino analogy is less accurate than a chain analogy. Causing one domino to fall will cause others to fall, but breaking one link of the chain doesn't break the other links. The US economy is the same; even if it fails catastrophically, other countries' economies will be affected, but they wont necessarily fail.
            Well, when said economy collapses and the dollar is suddenly severely devalued, all the countries holding large sums of US debt as part of their assets will suddenly fail (China). This doesn't even touch on the world trading oil in US dollars. Just think of how much the Asian stock market activity affects the western markets and vice-versa. It is more intertwined than you may lead on.

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            • #7
              It sounds like we're at an impasse.

              I guess the question is how long it'll take you to decide that The Fed isn't going to collapse the world economy. For example, what if no collapse happens in the next year? Five years? A decade?

              Is there a time limit past which you'll reconsider your prediction?
              Anyone who actually believes in the existence of sin will avoid lying about others and misrepresenting them.

              Comment


              • #8
                Originally posted by America View Post
                I'm really not worried about this. At all.

                The federal reserve can impact foreign markets, but it doesn't have the financial power to take them down - let alone the whole kit-and-kaboodle
                The federal reserve will not be taking down the financial markets, borrowed money that cannot be paid back will bring the world economic system down and the federal reserve will be powerless to stop it.
                I am not a NPB-Onlyist (No Perfect Bible Onlyist), nor a NA/UBS-Onlyist. Marke

                If this book be not infallible, where shall we find infallibility? We have given up the Pope, for he has blundered often and terribly; but we shall not set up instead of him a horde of little popelings fresh from college. C. H. Spurgeon

                For that Revised Version I have but little care as a general rule, holding it to be by no means an improvement upon our common Authorized Version. C.H. Spurgeon

                Comment


                • #9
                  Originally posted by ziggy33200 View Post

                  Well since the US economy is irrevocably intertwined into all of the other world economies, the domino effect should be quite noticeable. It would be the same if China's economy suddenly fell through and then all the rest would. I am with you though that if perhaps Liechtenstein's economy collapsed it would not cause a worldwide chain reaction. However, when dealing with world superpowers it is quite different.
                  World financial systems were hard hit by the economic disaster that hit the US and world markets as a result of stupid American policy of making bad home loans primarily for the purpose of increasing black home ownership. Those bad loans were then mixed with other loans into mortgage backed securities which later turned out worthless because of the bad mortgages.
                  I am not a NPB-Onlyist (No Perfect Bible Onlyist), nor a NA/UBS-Onlyist. Marke

                  If this book be not infallible, where shall we find infallibility? We have given up the Pope, for he has blundered often and terribly; but we shall not set up instead of him a horde of little popelings fresh from college. C. H. Spurgeon

                  For that Revised Version I have but little care as a general rule, holding it to be by no means an improvement upon our common Authorized Version. C.H. Spurgeon

                  Comment


                  • #10
                    Originally posted by America View Post
                    It sounds like we're at an impasse.

                    I guess the question is how long it'll take you to decide that The Fed isn't going to collapse the world economy. For example, what if no collapse happens in the next year? Five years? A decade?

                    Is there a time limit past which you'll reconsider your prediction?
                    I agree on the impasse. Well according to the September 20th federal reserve meeting minutes they are beginning with $10B per month of assets being sold and steadily increasing it to $50B per month by early 2018. They have ~ $4.5T in total assets. They will not likely sell it all as they have always maintained some type of balance sheet. So I'd say conservatively that if they sell 50% of their balance sheet and nothing has happened I will begin to rethink the OP premise. If they sell to whatever bottom line they plan and still nothing, I will consider myself incorrect. You would have to do the math on how long each of those thresholds are.

                    Comment


                    • #11
                      Originally posted by America View Post
                      The domino analogy is less accurate than a chain analogy. Causing one domino to fall will cause others to fall, but breaking one link of the chain doesn't break the other links. The US economy is the same; even if it fails catastrophically, other countries' economies will be affected, but they wont necessarily fail.
                      All the world economies are linked together in the chain of unsustainable debt. The world has lived high on the hog for decades on the hope that the money extended on credit would eventually be paid back somehow with no problems. The time is come to face the fact that the debt is too big and the economies of the world are too weak to pay it down to avert worldwide disaster. It is just a matter of time now before the world's economies will have to undergo a major overhaul, possibly with the help of the antichrist and his mark of the beast economic plan.
                      I am not a NPB-Onlyist (No Perfect Bible Onlyist), nor a NA/UBS-Onlyist. Marke

                      If this book be not infallible, where shall we find infallibility? We have given up the Pope, for he has blundered often and terribly; but we shall not set up instead of him a horde of little popelings fresh from college. C. H. Spurgeon

                      For that Revised Version I have but little care as a general rule, holding it to be by no means an improvement upon our common Authorized Version. C.H. Spurgeon

                      Comment


                      • #12
                        Originally posted by marke View Post

                        World financial systems were hard hit by the economic disaster that hit the US and world markets as a result of stupid American policy of making bad home loans primarily for the purpose of increasing black home ownership. Those bad loans were then mixed with other loans into mortgage backed securities which later turned out worthless because of the bad mortgages.
                        YES and trace that back to Carter. CRA. Obama sued to coerce banks to make home loans to people who didn't have money or intention to pay mortgages.

                        I met with an officer of one of the top 2 banks who told me she knew how many people closed a home loan and never made even the first mortgage payment. After a series of late notices and written demands, it usually ran over 1 year before the squatters were off the property and repo finished.

                        Comment


                        • #13
                          Originally posted by marke View Post

                          All the world economies are linked together in the chain of unsustainable debt. The world has lived high on the hog for decades on the hope that the money extended on credit would eventually be paid back somehow with no problems. The time is come to face the fact that the debt is too big and the economies of the world are too weak to pay it down to avert worldwide disaster. It is just a matter of time now before the world's economies will have to undergo a major overhaul, possibly with the help of the antichrist and his mark of the beast economic plan.
                          To go off of what you say here, the US is in debt excessively and if the continued payments they make on said debt are suddenly devalued severely, this could also spark what you say.

                          Comment


                          • #14
                            Originally posted by marke View Post

                            World financial systems were hard hit by the economic disaster that hit the US and world markets as a result of stupid American policy of making bad home loans primarily for the purpose of increasing black home ownership. Those bad loans were then mixed with other loans into mortgage backed securities which later turned out worthless because of the bad mortgages.
                            Oh brother.

                            Here, how about you do a least a little research on your own and stop accepting whatever is spoon-fed to you by FoxNews and Rush Limbaugh.

                            https://en.wikipedia.org/wiki/Causes...housing_bubble

                            Ignorance of the past not only means no lessons learned but also guarantees it will be repeated.

                            Comment


                            • #15
                              Originally posted by America View Post
                              It sounds like we're at an impasse.

                              I guess the question is how long it'll take you to decide that The Fed isn't going to collapse the world economy. For example, what if no collapse happens in the next year? Five years? A decade?

                              Is there a time limit past which you'll reconsider your prediction?
                              There is a limit. Yesterday, under Bush, the US debt was around $9 trillion. When Obama left office the US debt was nearly $20 trillion. Congress may realize how bad that is but they don't seem to be making much noise about it, except for the debt ceiling fights they keep having attempting to keep the government moving while continually raising the debt. Homeowners know that they cannot keep spending millions in money they borrowed and do not have and will never get in order to pay the money back. Congress seems inclined to kick the can down the road and hope the disaster at the end does not come before they take their money and get out of town.
                              I am not a NPB-Onlyist (No Perfect Bible Onlyist), nor a NA/UBS-Onlyist. Marke

                              If this book be not infallible, where shall we find infallibility? We have given up the Pope, for he has blundered often and terribly; but we shall not set up instead of him a horde of little popelings fresh from college. C. H. Spurgeon

                              For that Revised Version I have but little care as a general rule, holding it to be by no means an improvement upon our common Authorized Version. C.H. Spurgeon

                              Comment

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