Global Depression 2022 - Time to do the Breadline Boogaloo!

[Local Fed]

There were no eggs at my grocery store.

I'm told that's just what happens when a grocery store turns 30. You hate to see it.

 

[Darkholme's Dungeon]

I wonder if this will force manufactures to maybe go to animal fats instead of the vegetable oils.

Won't happen, thanks P&G advertising. You'd be murdered by the interest group (cartel) of the soybean/rapeseed farmers, processors, the large ag seed breeder companies and P&G who firmly have their fist in the ass of Congress.

 

[HTTP Error 404]

Won't happen, thanks P&G advertising. You'd be murdered by the interest group (cartel) of the soybean/rapeseed farmers, processors, the large ag seed breeder companies and P&G who firmly have their fist in the ass of Congress.

The few times I've ended up on farming youtube they make it quite clear that there are only two crops that turn even a little profit in the US -- Corn and Soybeans. Turning the US away from Soybeans would involve quite the pulling of teeth.

 

[Sweetpeaa]

In Canada we are very obviously in a recession yet our government refuses to admit it. They did this before too- Canada got hit by the 2008 recession not as hard as the U.S by rather quietly especially in the years that followed. They claimed up and down that Canada was not in a recession then as well.

One thing that happened in Canada back then (and I know this happened in the U.S) is all the nicer stores in the smaller cities like jewelry stores disappeared. The businesses didn't board up like the U.S but instead transformed into dollar stores and cheap take out food places.

 

[Fascist Kirk]

its all wizard of oz magic behind the vail ...... we all see the wizard, he is Jerome Powel, and his grandma running the treasury Janet Yellen ..... Disinflation is not deflation, so that means prices will stay where they are at and not go higher, but your wage slave job is not going to raise your wages, infact they about to fire you because the inflation we already gone thru no one is buying the widgets you make at your wage slave job ..... this is called recession, buckle up Dorthey we are not in Kansas anymore ........

so what is the wizard of oz going to do, Let it all fall down morguage defaults, credit card defaults, deflation like the great depression? or the same shit the fed has done since 2001 dot com, bail out, print and stimulate? deflation would be great for some, if they have cash on the sideline, but most americans live on credit have no savings, and that house as capital will deflate with out another covid 19 40% monitary injection ...... I betting on more of the same weimar germany here we come!

 

[Audit]

its all wizard of oz magic behind the vail ...... we all see the wizard, he is Jerome Powel, and his grandma running the treasury Janet Yellen ..... Disinflation is not deflation, so that means prices will stay where they are at and not go higher, but your wage slave job is not going to raise your wages, infact they about to fire you because the inflation we already gone thru no one is buying the widgets you make at your wage slave job ..... this is called recession, buckle up Dorthey we are not in Kansas anymore ........

so what is the wizard of oz going to do, Let it all fall down morguage defaults, credit card defaults, deflation like the great depression? or the same shit the fed has done since 2001 dot com, bail out, print and stimulate? deflation would be great for some, if they have cash on the sideline, but most americans live on credit have no savings, and that house as capital will deflate with out another covid 19 40% monitary injection ...... I betting on more of the same weimar germany here we come!

There is one alternative that's already in the works. If your currency is devalued, just make sure that no one else's can even begin to look attractive. The Yen has been in stagflation for decades now. No one trusts Chinese money. All that's left is to annihilate the Euro and the Pound. Well, the UK is in the middle of self-imposed economic suicide, so there goes the Pound. As for the Euro? Well, that's the true purpose of the Ukraine war and NGO's promoting endless immigration into Europe. Crash Europe's economy with no survivors and it won't really matter if the USD has been printed as much as Zimbabwe toilet paper currency.

The federal reserve is at war with the rest of the world's economy, and it will pull any dirty trick required to keep itself the one-eyed king.

 

[Fascist Kirk]

There is one alternative that's already in the works. If your currency is devalued, just make sure that no one else's can even begin to look attractive. The Yen has been in stagflation for decades now. No one trusts Chinese money. All that's left is to annihilate the Euro and the Pound. Well, the UK is in the middle of self-imposed economic suicide, so there goes the Pound. As for the Euro? Well, that's the true purpose of the Ukraine war and NGO's promoting endless immigration into Europe. Crash Europe's economy with no survivors and it won't really matter if the USD has been printed as much as Zimbabwe toilet paper currency.

The federal reserve is at war with the rest of the world's economy, and it will pull any dirty trick required to keep itself the one-eyed king.

not disagreeing with you, but the streets of America are going to make 2020 look like a dress rehearsal, if every one is unemployed there cars are repossessed and there houses are foreclosed on ...... My argument or not even argument, thought process is when you raze rates to 5% national debt is near 35 trillion, the interest on the national debt will surpass national defense Medicare and social security ............ something is going to break. what that means what is coming don't know but history is a good place to look for clues ......

 

[The Hardest R]

The only solution is a debt jubilee or significant haircut where we have to knock off a zero or two. The problem with that of course is that there will have to be strings attached that provide assurance that The New Dollar will be stable for the powers that be. Those strings attached are going to be hell on the average pleb. In many ways, COVID was a test run as the constitution was completely disregarded and a bunch of funny money got pumped into the system that made the upper classes richer and the middle, working and lower classes poorer.

We are a ways off from that so they’re just going to keep pumping out fiat currency. The whole “own nothing and be happy” will turn into reality as any remaining wealth from the middle class and lower disappears once this jubilee happens.

 

[Darkholme's Dungeon]

The few times I've ended up on farming youtube they make it quite clear that there are only two crops that turn even a little profit in the US -- Corn and Soybeans. Turning the US away from Soybeans would involve quite the pulling of teeth.

You included processed stuff. Walnuts, almonds, blueberries, cranberries, rasberries for others we tend to facefuck the rest of the world. Also grapes (table) and citrus (processed/gov restrictions).
If the mega corps with the large subsidies weren't around then Brazil would eat our lunch on corn and soybean. Mechanization in the US can't be beat due to the lack of population, technological edge and flat ground for agriculture, but the short term seasonal weather instability and high labor costs drive lots of companies out of business here.

There's like less than five companies who can for tomatoes now purely in the US. Back in the 70s there were probably several hundred per state in the south. Now it's all in Mexico and some are even all the way into Central America.

 

[FatalTater]

I put an ear to the ground on the subject of world finance and realized that it sounds a lot like late 1970s, early 1980s.

Maybe go for practical Christmas presents this year if the ol' household buget is the least bit tight.

 

[Fascist Kirk]

You included processed stuff. Walnuts, almonds, blueberries, cranberries, rasberries for others we tend to facefuck the rest of the world. Also grapes (table) and citrus (processed/gov restrictions).
If the mega corps with the large subsidies weren't around then Brazil would eat our lunch on corn and soybean. Mechanization in the US can't be beat due to the lack of population, technological edge and flat ground for agriculture, but the short term seasonal weather instability and high labor costs drive lots of companies out of business here.

There's like less than five companies who can for tomatoes now purely in the US. Back in the 70s there were probably several hundred per state in the south. Now it's all in Mexico and some are even all the way into Central America.

you made allot of good points i never considered. I would ad Potato's to your American produce list. I remember a year ago you could go into any main grocery store and get a bag of potato chips (store Brand) for 2 dollars ....... then all these stories come out about potato processing plants blowing up, then 6 months later all the store brand chips are gone, and all is left its the fritto lays etc etc .... and they jacked there already inflated prices up another dollar or 2 ........ Big business is dirty, insurance fraud is apparently market strategy......

 

[tehpope]

https://www.zerohedge.com/political/increasingly-nothing-life-our-nation-real

https://www.zerohedge.com/personal-finance/we-feel-poorer-because-we-are-poorer-heres-proof

two articles I feel y'all should read.

 

[Fascist Kirk]

https://www.zerohedge.com/political/increasingly-nothing-life-our-nation-real

https://www.zerohedge.com/personal-finance/we-feel-poorer-because-we-are-poorer-heres-proof

two articles I feel y'all should read.

Zero hedge is a site that I use daily to read news, but just because its not as biased as mainstream does not mean its not biased. How many bitcoin magazine articles, and pro israel war and q tard articles are posted? Don't be fooled by propaganda ......

Deflation may really be coming ..... a deflationary depression may be in the cards as crazy as this sounds, what if the fed does not cut, what if stimi's don't come, what if no one buys houses? what if banks won't lend? crazy but what if? got cash? what happened in gold and silver last night is a speed bump to what will happen to bit coin when people lose there jobs, and there mortgage payment is due ......
Why say this? why entertain this over the last 20 years of fed policy print ease stimulate and lie? because the fed is rich cock suckers banking class inbred families going back centuries allot of Zionist and Norman royalty, they gather wealth by boom and bust cycles. Next 3 months are going to be interesting pay attention frens......

 

[derpherp2]

I just realized was anyone paying attention in black friday/cyber monday? There was barely anyone in stores and online stores had nothing get sold out.

Like I expected people to get run over like pre-covid but wow. There was nothing.

 

[Ancient Pioneer]

Like I expected people to get run over like pre-covid but wow. There was nothing.

Black Friday was declining long before covid, the mandated switch to online shopping during the lockdowns just made brick-and-mortar stores go into terminal decline because it solidified how easy it was to just click a few buttons and get your shit a few days latter with no hassle. The only thing that makes sense to have at a physical location is clothing and appliances. Even then, some appliances can easily be done online as well since you're really just tape measuring shit.

 

[Darkholme's Dungeon]

a deflationary depression may be in the cards as crazy as this sounds, what if the fed does not cut, what if stimi's don't come, what if no one buys houses? what if banks won't lend? crazy but what if? got cash?

Deflationary depression is not possible. It will be hyperinflation like the third century crisis with a renomination of the currency.
1) Congress won't stop spending
2) US is in the position of Rome as the dominate power
I just don't see the trade networks distrupted by covid being fully rebuilt.

you made allot of good points i never considered. I would ad Potato's to your American produce list. I remember a year ago you could go into any main grocery store and get a bag of potato chips (store Brand) for 2 dollars ....... then all these stories come out about potato processing plants blowing up, then 6 months later all the store brand chips are gone, and all is left its the fritto lays etc etc .... and they jacked there already inflated prices up another dollar or 2 ........ Big business is dirty, insurance fraud is apparently market strategy......

Tater farmers are mainly LDS folks (Or a LDS splinter group), one of my coworkers got the whole "won't shake her hand and ignored her" shit with a dude who had 7 wives.
Then again, her being a liberal college woman who loves horses might have to do with it. Never ran into issues with these folks on my end.
Potato plants getting moved to Mexico... Cheaper and easier to grow/process there than Idaho.

 

[FatalTater]

I just realized was anyone paying attention in black friday/cyber monday? There was barely anyone in stores and online stores had nothing get sold out.

Like I expected people to get run over like pre-covid but wow. There was nothing.

There was a distinct lack of videos showing fistfights over waffle irons this year. Disappointing.

2) US is in the position of Rome as the dominate power

This worries me a little bit. *dons tinfoil hat* Rome fucked up by over extending itself in foreign wars. USA has it's forces all over the damn place.
There was a trend on the innernets about "How often men think about the Roman Empire" and it got me to wondering if someone who "Knows" was putting that out there, to try to get people to wake up and look around, so they won't be blindsided when the fall happens.

https://time.com/6314544/tiktok-roman-empire-trend/

https://archive.ph/0SNXW

 

[Fascist Kirk]

There was a distinct lack of videos showing fistfights over waffle irons this year. Disappointing.

This worries me a little bit. *dons tinfoil hat* Rome fucked up by over extending itself in foreign wars. USA has it's forces all over the damn place.
There was a trend on the innernets about "How often men think about the Roman Empire" and it got me to wondering if someone who "Knows" was putting that out there, to try to get people to wake up and look around, so they won't be blindsided when the fall happens.

https://time.com/6314544/tiktok-roman-empire-trend/

https://archive.ph/0SNXW

I am no expert on the roman empire, I am a shit poster cos playing A fascist william shatner on the Kiwi Farms. Rome lasted for over a thousand years, Longer if Byzantium is included. There is a guy named Mike Duncan who made a podcast series about the rise and fall of rome https://thehistoryofrome.typepad.com/.

Valid points over extending, debasing currency, letting in barbarians .... but this took hundred of years ....... if your analogy is to be used in america it took 50 years ........

However my only pitfall is rome had a private central bank printing money and lending it out at interest if so history left that out of the text books.

 

[Darkholme's Dungeon]

Valid points over extending, debasing currency, letting in barbarians .... but this took hundred of years ....... if your analogy is to be used in america it took 50 years ........

The collapse and formation of governments is now much faster than before. Before you were generally constrained in warfare to the summer months, and frequently limited by minted coins and not printed fiat (Earliest was China in ~1000AD), and the majority of the population was constrained to agriculture. Hence the temporary peasant levies and long wars like the thirty/hundred years war.

To be better put, no type of government prevents long-term concentration of financial wealth in individuals, represents power in it's purest form. Only delays the speed of such acquisition.

 

[Fascist Kirk]

so here we are, jerome powell talks tuff, but the dot plot what ever that is is predicting 140bps cuts next year ...... I follow a guy named harry s deent jr on you tube he is so wrong all the time, and I am a finance nerd lolcow guy ...... thinking he might be right for the first time in 2 decades ...... this stock market run is not going to last, gold and silver is going to correct too ..... I don't know what is going to happen, but I have more awareness and interest than I did in 2007 2008, and this feels like a similar situation ......

Bank term funding program expires in march ... the fed has all the cheat codes, they can just renew it for a year .... but this is a very interesting time to be alive ..... and I stocked up on popcorn,,,,,,,