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.
moocow said:
Not even the store brands are that much less expensive anymore. They're still a bit cheaper, but not by nearly as much as they were five years ago. And their prices are still creeping up to keep pace with the name brands too. I've noticed more of that "slight-of-hand" trickery lately too where the price stays the same, the package stays the same size, but the product volume/weight goes down just a wee bit (i.e. raising the price by selling you less for the same price).
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that's the way they've been doing it for decades, but usually they at least go through the effort to "redesign" the package to mask it.

truth is most shoppers are retards, they only ever look at the price (and even then they get it wrong if the product is set up to fuck with calculations), not what they're actually buying. over here it's law to have the price per weight on the label, but even that gets fucked with - it's small as fuck to make it less noticeable, some recently started to use different measurements. usually its price/kg, sometimes price/100g for small stuff, but now you see price/500g etc..
this way people not only have to look for the small print, you now have to recalculate it half the time.
 
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HTTP Error 404 said:
I'm not sure that's true. Isn't China's economy entirely based on a giant real estate bubble that's going to crash outright literally any day? I seem to remember a year or so ago they had to do some pretty major bullshit in order to keep it from going thermonuclear. Involved tanks preventing people from going into the banks to get their money.
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Man, I’ve been hearing this every day since 2008, back when The Great Recession was starting up, we were told China’s situation is even worse and when their real estate debt bubble pops it’s all over. Literally 15 years afterwards and I’m still hearing the same things. Honestly a lot of this is American-grade cope and hubris where we assume that the clock will roll back hundreds of years without us and therefore there’s nothing we need to do about the resiliency of the dollar. Therefore every country, including our enemies, needs us and our hegemonic status will never change because America, fuck yeah!
 
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Chris Glownigger said:
Man, I’ve been hearing this every day since 2008, back when The Great Recession was starting up, we were told China’s situation is even worse and when their real estate debt bubble pops it’s all over. Literally 15 years afterwards and I’m still hearing the same things. Honestly a lot of this is American-grade cope and hubris where we assume that the clock will roll back hundreds of years without us and therefore there’s nothing we need to do about the resiliency of the dollar. Therefore every country, including our enemies, needs us and our hegemonic status will never change because America, fuck yeah!
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Virtually every single american who complains about China will cite things that are just as applicable to the US.

Like real estate, for example. The US has a bunch of very expensive office and residential towers that were funded by easy credit over the past decade, but are now seeing rents dry up with billions left to pay off. The housing market is so overheated that home ownership is becoming unattainable for the middle class in most of the country. And to top it all off institutional investors are starting to get in on residential housing. Yet American posters will go on and on about how China is screwed.

Ditto for demographics, government corruption, ect. There are plenty of real issues China is facing that is unique to China, but Americans cant figure out what those things are.
 
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Chris Glownigger said:
Man, I’ve been hearing this every day since 2008, back when The Great Recession was starting up, we were told China’s situation is even worse and when their real estate debt bubble pops it’s all over. Literally 15 years afterwards and I’m still hearing the same things. Honestly a lot of this is American-grade cope and hubris where we assume that the clock will roll back hundreds of years without us and therefore there’s nothing we need to do about the resiliency of the dollar. Therefore every country, including our enemies, needs us and our hegemonic status will never change because America, fuck yeah!
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I think it's odd how people who are very aware of the fragility of the U.S. financial system and the way our military has been hollowed out will mindlessly chant "USA! USA! USA! USA! USA!" when there's even a hint of a suggestion that the dollar's global hegemony is coming to its end of days.

Fast facts for jingo-chanting retards:
  1. Trade is older than the dollar.
  2. Actually, trade is older than global reserve currency.
  3. Actually, trade is older than central banking.
  4. Actually, trade is older than banking.
  5. Actually, trade is older than money.
This idea that all the countries on earth will have no ability to figure out how to exchange Russian oil, Brazilian wheat, Mexican corn, and Chinese manufactures without the USA Federal Reserve providing them with electronic ledger entries for book-keeping, so there's just nothing they can do about Washington occasionally using its ledger monopoly to just outright steal resources, is quite possibly one of the stupidest things I have ever heard. They can and will figure it out. How do I know? It's been done before. It's been done for literally thousands of years.
 
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Jump said:
Cereal boxes normal width and height but so thin they barely stand up. Toothpaste boxes look normal when you open them the tube is like an inch shorter. Liquids in weirdly shaped bottles with big concave bottoms to make their capacity less but look the same sized at first glance... etc
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Toilet paper has gotten thinner. As in, the length of the tube in the center is shorter.

Noticed it when I had to buy Charmin as I was out of TP and didn't feel like going to Costco to get their store brand, Kirkland's. Charmin used to be the same cardboard-tube length as it back in 2020 during the covid lockdown shit, now it's about a quarter to a half-inch shorter than Kirkland's.
 
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LurkTrawl said:
Toilet paper has gotten thinner. As in, the length of the tube in the center is shorter.

Noticed it when I had to buy Charmin as I was out of TP and didn't feel like going to Costco to get their store brand, Kirkland's. Charmin used to be the same cardboard-tube length as it back in 2020 during the covid lockdown shit, now it's about a quarter to a half-inch shorter than Kirkland's.
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... I knew I wasn't crazy, they ARE shorter, aren't they?

Fuck
 
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The Ugly One said:
I think it's odd how people who are very aware of the fragility of the U.S. financial system and the way our military has been hollowed out will mindlessly chant "USA! USA! USA! USA! USA!" when there's even a hint of a suggestion that the dollar's global hegemony is coming to its end of days.
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They're all revolution-larpers. We all know how you all really love the federal government of the United States of America and will defend it with your lives, all you need is something that isn't white and male to hate and you'll suddenly be willing to wage wars for the same people you've declared illegitimate for the past 4 years. The left was smart in always framing your racism as a thing that's harmful to others, because you were never able to see how your racism is harmful to yourself too.
 
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Angry Alt Right Nerd said:
They're all revolution-larpers. We all know how you all really love the federal government of the United States of America and will defend it with your lives, all you need is something that isn't white and male to hate and you'll suddenly be willing to wage wars for the same people you've declared illegitimate for the past 4 years. The left was smart in always framing your racism as a thing that's harmful to others, because you were never able to see how your racism is harmful to yourself too.
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Thats retarded.
 
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Angry Alt Right Nerd said:
They're all revolution-larpers. We all know how you all really love the federal government of the United States of America and will defend it with your lives, all you need is something that isn't white and male to hate and you'll suddenly be willing to wage wars for the same people you've declared illegitimate for the past 4 years.
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You just need to wave some benefits around, and plenty of supposed anti-war people will gladly sign up to fight and kill and possibly die horribly.
 
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RussianParasite said:
Both prices are crashing or beginning to crash, you dumb nigger.
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I said that people rightfully were mad about inflation, but the average consumer isn’t reigning in their spending as a result which also helps drive inflation.
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Eggs and milk can be replaced with any consumer product that ISN'T crashing.

But I'll agree, normal people can't manage their own money and deserve their Hell. I have a complete record of every single dollar I spent going back for three years now. I have six months of emergency food supply and it cost me little enough a normal person could have saved for it in one month. Normalfaggots aren't out doing that. I ought to start stockpiling again, I had first aid kits I was working on and need to secure my cat supplies (food/litter) again and some other things.

If people stop spending, though, it'll also cause unemployment to take off again. We were all fucked over the moment that first Trump-signed stimulus bill passed.
 
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More Bidenomics stories from the other day. The bloomberg story is older, but I saw a Louis Rossman video about it yesterday.

Edit: Yellow Corp could go bankrupt. They failed to pay their worker's pension and the Teamsters are gonna strike. And then the Teamsters at UPS are on the verge of a strike as well.


New home sales in the US crater
 
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Blobby's Murder Knife said:
I wish I had saved some /pol piece on this. Some poltard wrote about his time volunteering in Africa. He said basically they have no concept of forward planning because nature provided for them year round. They were insanely corrupt as a rule of thumb and would gladly rape one another in many ways for the short term benefit.
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DicksOutForKiwigglers said:
You hold your hand out and then they take and squander what you give them. Then they come back for more and you explain that you can't help them anymore because they got theirs and they wasted it.
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A bit late replying to these, but I didn't see anyone post the /pol story so here it is, along with a bonus essay about The Nigger Mindset™.

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Autistic Joe said:
A bit late replying to these, but I didn't see anyone post the /pol story so here it is, along with a bonus essay about The Nigger Mindset™.

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/pol/ poster: Let them have their little paradise and leave us alone. They have nothing to offer us or to gain by interacting with the West. They're a people frozen in time from tens of thousands of years ago, and I'm perfectly OK with leaving them like that.
TPTB: What's that? Import even more Africans to the west, and vice versa? OK!
 
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bit late and gay are we gonna talk about end of the grain deal? btw new round of refugeees incoming

By pulling out of a landmark deal that allowed Ukrainian grain exports through the Black Sea, Russian President Vladimir Putin is taking a gamble that could badly damage Moscow’s relations with many of its partners that have stayed neutral or even been supportive of the Kremlin’s invasion of its neighbor.

But Russia abruptly toughened its stand this month when it vetoed a U.N. Security Council resolution backed by virtually all members to continue humanitarian aid deliveries to opposition-held areas through the Bab el-Hawa border crossing with Turkey, a key lifeline for about 4.1 million people in the impoverished enclave. Moscow warned that if its rival draft was not accepted, the crossing would be shut.

The presence of 3.4 million Syrians in Turkey is a sensitive issue for Ankara. Erdogan has advocated their voluntary repatriation to parts of northern Syria under Turkish control.

also

India imposes major rice export ban, triggering inflation fears​


prior to that india had wheat export ban since april


The ban on exports of wheat will continue as India has to ensure adequate supplies of the foodgrain for its domestic market and keep the inflation at check, Union minister Piyush Goyal said. India, the world's second-largest wheat producer, banned wheat exports in May 2022 as part of measures to control rising domestic prices.



btw you can look around on this link about how much calories have been restricted due to tax export etc


from july 2022 til now in a year it leaped from 6 per cent to 8
 
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HTTP Error 404 said:
I'm not sure that's true. Isn't China's economy entirely based on a giant real estate bubble that's going to crash outright literally any day? I seem to remember a year or so ago they had to do some pretty major bullshit in order to keep it from going thermonuclear. Involved tanks preventing people from going into the banks to get their money.
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Chinese real estate bubble has already popped.

Millions of Chinese who bought pre construction are completely fucked. Not only do they lose out their savings and deposits, they are also on the hook for mortgages they took BEFORE THE THING IS EVEN BUILT.

Chinese real estate market is a complete fucking clusterfuck. Hundreds of thousands of young Chinese couples are sitting on mortgage payments on properties that arent even being completed. It doesn't help with companies are reducing their pay to the tune of 10-20% every now and then.

China will have to release US Treasury notes soon to subsidize their growth soon enough; reducing US dollar index even more.

China is like Japan. Their population has peaked. No more Ponzi scheme real estate market like in Australia and Canada because they don't have new buyers to take on more leverage.

Meanwhile, Chinese and Hong Kongers are fleeing from their homeland with millions in cash everyday. Those who remain are stuck with mortgages they can't possibly pay off.

China can't bail themselves out with more debt. Debt is only a burden without more slaves to service it.



That's why China is so hellbent on BRIC. They want to get out of US currency debt scheme that benefits only US....literally...


They want currency structure based on productivity and efficiency so that they can survive the upcoming depopulation apoocalypse.
 
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