Global Depression 2022 - Time to do the Breadline Boogaloo!

Who is going to get hit the hardest?

  • North America

  • South America

  • Asia

  • Europe

  • Australia

  • Africa

  • The Middle East

  • Everyone's fucked

  • Nothing will happen


Results are only viewable after voting.
I just watched "The Big Short", and I was wondering if you know a good primer about what happened after 2008? I mean I've read about it here and there, but I would like to get some nice summary of shenanigans. I would like to be able to present it to a friend in a compelling way.
I would suggest reading Michael Lewis' follow up book "Boomerang: Travels in the New Third World" - he basically devotes a chapter per economy that shit the bed hard post-2008 (Iceland, Greece, Ireland, Germany, the US etc.) it's a pretty easy read, I got through it casually in about a few days.
 
So apparently where I live New Year’s Eve was dead for the bars. That’s not a good sign on a night that restaurants and bars expect to pull in a lot of money. A lot of events got canceled due to ‘COVID’ but more likely because nobody was signing up.

I’m just wondering if it’s a common thing or confined to my area.
 
The 2020s economy will simply revolve around China's deals
Japan's decline will only get worse, eventually completely screwing up because no one makes good shit there anymore and the population is so old now.
South Korea and China will surge further and further because of K-pop (for SK) and the obvious for China. Lots of FTMs as a result of K-pop stans, unfortunately, meaning more stupid yaoi-obsessed 'male pregnancies'.
India will also surge because most of the countries on the decline will be resorting to using them even more for cheap labour.
Mainland Europe will decline, especially anywhere that says "no" to China, Brussels will probably suck Xi Jingping's miniscule cock and some member states will leave the EU as a result of it, mainly those that aren't France/Germany/Spain/Italy/Netherlands basically.
UK will probably go into a recession and Scotland will declare independence at some point (due to the Scots' patriotic tendencies I can certainly see that happening). In England, Tories will win next election whenever it is, because nobody will vote except the people who voted in 2019.
USA will be forced to suck China's dick or it will decline.
Africa is Africa. Some of the richer countries there might go the way of India, being a 'dumping ground' for bigger western and Chinese companies to start putting mass demand for call centres there, but not happening anytime soon .
Paki countries will collapse due to decline in demand for oil. They might try to bomb things.
 
As with many things, Shakespeare already put it well:
"Tis better playing with a lion's whelp, than with an old one, dying" (Antony and Cleopatra, about Mark Antony starting to lose it as his power slips, for context)


I don't know - that assumes there is value in manufacturing things. The main role of the American citizen today is to buy stuff. I think if people want to push back a popular movement to stop buying things would be one of the most effective things that could be done. No violence, just not shopping.

I said on here one time that we would see laws compelling buying stuff in the next five years. I don't mean stuff you have to buy to live and would anyway. I mean consumer goods and services. Some sort of state-funded Netflix subscriptions for example. How about this - some sort of UBI / Digital benefits system. It can be spent as money, is denominated in dollars, but there are restrictions on how it can be spent. If you don't spend it, it vanishes / is returned to the government. With digital currency you can do such things. Your entertainment portion of the UBI / welfare has a list of options. Netflix is one. This UBI / welfare is paid for by taxes (corporate and personal). Bang - state subsidised Netflix that you pretty much have to buy (or an alternate provider) because otherwise the money goes poof as you evidently don't need it and perhaps that may even trigger an assessment procedure to check if you really need the welfare (this is the stick to keep you spending).

A big money churning machine of controlled consumption with an angry army of voters and rioters at the ready should anyone try to take their goodies away from each other.
Here's the problem with your plan: why should anybody provide things to American consumers? The American government's offer to the rest of the world was:
  1. Military security against the USSR and other threats
  2. A relatively competently managed currency for international trade
  3. The ability to buy from the world's largest producer market
  4. The ability to sell into the world's largest consumer market.
That enabled the US government to get away with printing money to buy stuff. Unlike other countries, the US government dilutes its inflation into the global economy due to the dollar's status as international reserve currency.

US military credibility is collapsing, and if the government is just going to print money and pay people to buy stuff, then (1) and (3) also disappear, and all Washington is offering the rest of the world is, "You can give Americans the goods you produce, and in exchange we'll give you this melty toilet paper currency that makes the old Italian lira look sound."
 
I've said this before here, but theres a line between panicking and preparing.

Ive got a ton of canned food, ramen, bottled water, 500ish rounds of ammo now for each gun I own, 3 different vehicles that are capable of holding their own, and a 50 gallon poly drum of gas in the garage (its got 20 gal in it for safety reasons)

Do I think I'll ever need any of this? Nah. Ive been putting that gas in my lawnmower all summer. But the point is HAVE IT, because this type of situation, where its "I cant buy funko pops or ps5s" can easily turn into "I cant buy food" if the globalist lizard lords truly decide to clamp down harder.

Back to my tinfoil hatmaking i go
 
Who needs the PS5 when you have the tower of power anyway, one actually has games you can revisit and not get tired of after the first time. (Plus everdrives and repros.)

GT7 and Deathloop man.

Granted, GT7 is on PS4 too and thats what my pre-order is on, but, still.
 
GT7 is finally happening after I mothballed the PS4 a couple years ag. Because of course it is. Are they still reusing PS2 assets with this one, because that shit pissed me off to no end with GT5 & 6.
 
Are they still reusing PS2 assets with this one, because that shit pissed me off to no end with GT5 & 6.
Sport didn't reuse PS2 assets at all, thankfully. (To be honest that didn't bother me outside some of the lacking customisation that DID exist in GT4 on the very same cars).

Then again, GT Sport still uses the exact same sound engine as the first Gran Turismo game (some ROM hacker literally had no trouble extracting the car sound bites out of GTS and backporting it to the 1st game, so...)
 
GT7 is finally happening after I mothballed the PS4 a couple years ag. Because of course it is. Are they still reusing PS2 assets with this one, because that shit pissed me off to no end with GT5 & 6.

No, with Sport they completely made a new engine, and the game was esports/competition focused.

GT7 is a mix of old and new but thankfully the insane focus on Japanese shitboxes is gone and we finally have some proper cars and a balanced Iracing style system to use them with.

I dont wanna shit up the thread with gaming tho, hit my profile up and we can shoot the shit about this
 
Here's the problem with your plan:
My plan? MY plan?

Suppose you knew a lunatic. And you chose to tell us here on the farms about the lunatic's beliefs. And I replied telling you why they made no sense. Would you like that? Huh? Huh? Would you?
 
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My plan? MY plan?

Suppose you knew a lunatic. And you chose to tell us here on the farms about the lunatic's beliefs. And I replied telling you why they made no sense. Would you like that? Huh? Huh? Would you?

It's a crazy idea you came up with. I guess Washington could try, but it would work for all of about a year or two before the US dollar became like the Zimbabwe dollar.
 
Gorilla, was it my post from Dec 14? I had a couple of blog links from Lance Roberts & friends:

I found the blog: blog

I knew that my intuition is right. Now Fed had to disclose which institution got repo loans in Q4 2019.
sauce

It doesn't look as if they are sound financial institutions. Here is another interesting article: Financial Crisis started in August 2019
 
UK will probably go into a recession and Scotland will declare independence at some point (due to the Scots' patriotic tendencies I can certainly see that happening).

Not a bad prediction. But the UK has come out this pandemic with the highest growth of any of the G7. We also have received more foreign investment in tech than France and Germany combined last year. We've got some of the best universities/research facilities in the world, which is practically a production line for innovation. In regards to Scottish independence, there's two reasons why that won't happen. 1) They need permission to even hold a referendum and 2) Mi6 and GCHQ. They've overthrown more sophisticated operations than the one those turnip farmers up north are running.
 
They've overthrown more sophisticated operations than the one those turnip farmers up north are running.
Yes but that was when they were staffed with competent people and before diversity took hold and made everyone crazy and useless
 
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