Global Depression 2022 - Time to do the Breadline Boogaloo!

[Vyse Inglebard]

Disclose.tv on Twitter: "JUST IN - German factory orders slump 10.7% …

archived 5 May 2023 11:20:21 UTC

archive.is

All worth it to save the environment, right guys?!

 

[NyQuilninja]

View attachment 5117332

Disclose.tv on Twitter: "JUST IN - German factory orders slump 10.7% …

archived 5 May 2023 11:20:21 UTC

archive.is

All worth it to save the environment, right guys?!

Well at least Captain planet is happy

 

[Some Dumb Faggot]

View attachment 5117332

Disclose.tv on Twitter: "JUST IN - German factory orders slump 10.7% …

archived 5 May 2023 11:20:21 UTC

archive.is

All worth it to save the environment, right guys?!

I guess Germans and Austrians, (I don't know they both are the same to me), were always retarded. if you look at their history they were never the shapest tools in the sheds.

Maybe that's why 40k Orks are inspired by them.

 

[Vyse Inglebard]

https://archive.is/l6cul

The lockdown on cryptocurrency continues.

 

[base invader]

Well at least Captain planet is happy

if captain planet is happy because the germans purposely fuck up their economy then i'm all for it.

View attachment 5126515

https://archive.is/l6cul

The lockdown on cryptocurrency continues.

>cryptocurrency bad.
>banks/fiat good.
the UK government.

 

[NyQuilninja]

if captain planet is happy because the germans purposely fuck up their economy then i'm all for it.

Captain planet would indeed be happy if most of Europe was wiped out

 

[Whoopsie Daisy]

View attachment 5126515

https://archive.is/l6cul

The lockdown on cryptocurrency continues.

But MTX in gaming, that is aimed at kids, and also holds no intrinsic value is A-OK?

One step closer the digital currency future.

 

[HTTP Error 404]

Null just mentioned on MATI Money Velocity.

Velocity of M1 Money Stock

Graph and download economic data for Velocity of M1 Money Stock (M1V) from Q1 1959 to Q1 2022 about velocity, M1, monetary aggregates, and USA.

fred.stlouisfed.org

https://fred.stlouisfed.org/series/M2V

What Is the Velocity of Money?​

The velocity of money is a measurement of the rate at which money is exchanged in an economy. It is the number of times that money moves from one entity to another. The velocity of money also refers to how much a unit of currency is used in a given period of time. Simply put, it's the rate at which consumers and businesses in an economy collectively spend money.


The velocity of money is usually measured as a ratio of gross domestic product (GDP) to a country's M1 or M2 money supply. The word velocity is used here to reference the speed at which money changes hands.

So... the economy has stalled. Specifically, money in circulation has stalled completely, and money in savings stalled too and is barely recovering.

M1 includes money in circulation plus checkable deposits in banks. M2 includes M1 plus savings deposits (less than $100,000) and money market mutual funds.

 

[Some Dumb Faggot]

Null just mentioned on MATI Money Velocity.

View attachment 5146847

Velocity of M1 Money Stock

Graph and download economic data for Velocity of M1 Money Stock (M1V) from Q1 1959 to Q1 2022 about velocity, M1, monetary aggregates, and USA.

fred.stlouisfed.org

View attachment 5146848

https://fred.stlouisfed.org/series/M2V

So... the economy has stalled. Specifically, money in circulation has stalled completely, and money in savings stalled too and is barely recovering.

Much like the Government itself people have taken to borrowing money to live beyond their means since 2008 onwards. QE allowed the Feds to print up money so lending wasn't a problem, but now that QE has ended money isn't being loaned out anymore. The US citizens have monstrous debt they can't pay off like the government.

 

[The Ghost of Kviv]

So... the economy has stalled. Specifically, money in circulation has stalled completely, and money in savings stalled too and is barely recovering.

Much like the Government itself people have taken to borrowing money to live beyond their means since 2008 onwards. QE allowed the Feds to print up money so lending wasn't a problem, but now that QE has ended money isn't being loaned out anymore. The US citizens have monstrous debt they can't pay off like the government.

IMO, this isn't the money printer stopping, because that printer went into overdrive in 2020-2021. The trend I see is, all that new money being printed post-2008 is just sitting in the back account into which it was printed. This whole trickle-down strategy isn't working as advertised, the rich are just hoarding their bailouts. Which is exactly what we predicted would happen in 2009.

 

[Some Dumb Faggot]

IMO, this isn't the money printer stopping, because that printer went into overdrive in 2020-2021. The trend I see is, all that new money being printed post-2008 is just sitting in the back account into which it was printed. This whole trickle-down strategy isn't working as advertised, the rich are just hoarding their bailouts. Which is exactly what we predicted would happen in 2009.

It's more that the money is being swapped between all the rich who are in bed with each other and the scraps go to everyone else. A ton of the money was being pumped into those giant tech giants who really don't turn real profits.

 

[Odd Opossum]

I remember a lot of loser NEET teenagers online assuring everyone that the US would be in a second Depression by now. I wonder how they're doing.

 

[Some Dumb Faggot]

I remember a lot of loser NEET teenagers online assuring everyone that the US would be in a second Depression by now. I wonder how they're doing.

Pretty fucking sure we're in a recession considering how expensive everything is. Just because the Feds change the definition of words or cook numbers doesn't mean there isn't one.

 

[Odd Opossum]

Pretty fucking sure we're in a recession considering how expensive everything is. Just because the Feds change the definition of words or cook numbers doesn't mean there isn't one.

Yes, things are expensive, but I was told many times that the American dollar was soon to be finished just a year ago, and things aren't nearly as bad as many said it would be.

 

[Some Dumb Faggot]

Yes, things are expensive, but I was told many times that the American dollar was soon to be finished just a year ago, and things aren't nearly as bad as many said it would be.

You had a series of bank failures that were worse than the 2008 recession and the US is on the hook for 170 trillion in unfunded liabilities, the government is out of money and nearly defaulted at the start of the month.

De-dollarization happens over time no one thinks its going to be taken out over night but the seeds for its destruction have been planted.

Also the rate at which things are getting more expensive is absurd, look at anything from 1 or 2 years ago and it's gone up by 10-20% thar adds up very fucking fast.

 

[Quindoll]

Share price of my ETF on the FTSE North America Index each month for one year.

Date format:
Day.Month.Year

15.06.2023 97,94 €
15.05.2023 92,72 €
15.04.2023 91,85 €
15.03.2023 89,22 €
15.02.2023 93,69 €
15.01.2023 89,83 €
15.12.2022 90,85 €
15.11.2022 93,40 €
15.10.2022 90,44 €
15.09.2022 96,85 €
15.08.2022 101,88 €
15.07.2022 91,99 €
15.06.2022 87,61 €

Given that this does not include dividends, looks like a rather high opportunity cost for the pessimistic market opinion.

 

[cybertoaster]

Well at least Captain planet is happy

Doubt it, this is all window dressing, Germany has closed its nuclear power plants for "biomass" energy.

What's biomass? literally pulped trees.

"Ja but zee ze trees abzorb die karbon!" its just corporate bullshit, the process is ridiculously inefficient and only works because of legal mumbo-jumbo and ludicrous subsidies and tax exemptions else it wouldn't be able to compete with anything.

View attachment 5126515

https://archive.is/l6cul

The lockdown on cryptocurrency continues.

While this is clearly bullshit aimed at keeping normies from leaving the plantation (real criminals still use cash) I would like to see a study or documentary on crypto schemes and just how many coins were real and how man were a literal rugpull from the start meant to siphon money away from an increasingly desperate middle class to overseas accounts owned by a relatively small clique of scammers.

I remember a lot of loser NEET teenagers online assuring everyone that the US would be in a second Depression by now. I wonder how they're doing.

Teens think in immediate terms, we were all like that, we all thought shit is going to go down "any day now" but in reality we're in a slow cooker. Like for example if you went back to the 1960's and showed some northeast middle class factory worker pics of his town now he will ask you if there was a WWIII and those are pics of the survivors living in radioactive squalor. You're gonna have to explain that young boomer that what he sees are the consequences of roughly 40 years of slow but unceasing destruction of the American industrial base, a transfer of wealth from the middle class to the very top of the upper-classes, policies that don't punish but actually reward speculative schemes with opaque inner workings, and globalization making sure the upper class is never tied to a single country and its laws being able to move their assets as they see convenient, meanwhile the average guy is stuck in a rat race to the bottom having to compete in a job market that includes people not just in the third but even the "fourth" world willing to work for next to nothing.

As for the dollar you have countries like Argentina that while being a hasbeen are still big enough to be in the G20 and that those countries are getting desperate enough to start trading in anything besides the US dollar is bad news, the real domino effect. Add to that that the whole embargo on Russia sounded the alarms in many countries which are now creating their own SWIFT equivalents to avoid being in the same situation. Like it or not that erodes our power in the world economy which we've been leading since the end of WWI.

 

[Zbk3VmLfujjzjxBd43tL]

I remember a lot of loser NEET teenagers online assuring everyone that the US would be in a second Depression by now. I wonder how they're doing.

I was assured that Jerome Powell was doing Chernobyl on steroids which would ensure the collapse of every major bank in the US, so I'd own nothing if I didn't spend all my money on gold, guns, and bullets to keep under my bed.

I wish doomers were right more often, it would be a more entertaining world.

 

[FatalTater]

All the survival and emergency preparedness folk are rustled and telling us all to stock up on food.
(With what money I wonder)
I'll go further and say that we need to cut back on our portions.
Learn what a serving is, and train yourself to only have that much.
This means that breakfast might be one egg and one slice of toast.
Lunch might be one cup of soup and 4 saltines.
Dinner might be one slice of pizza. ONE.

I mean, I'm not doing that. I'm gonna empty out the fridge on snack at a time and then whine until it's refilled like a true 'Murican. The rest of you should probably learn to live on less.

 

[Zbk3VmLfujjzjxBd43tL]

All the survival and emergency preparedness folk are rustled and telling us all to stock up on food.
(With what money I wonder)
I'll go further and say that we need to cut back on our portions.
Learn what a serving is, and train yourself to only have that much.
This means that breakfast might be one egg and one slice of toast.
Lunch might be one cup of soup and 4 saltines.
Dinner might be one slice of pizza. ONE.

I mean, I'm not doing that. I'm gonna empty out the fridge on snack at a time and then whine until it's refilled like a true 'Murican. The rest of you should probably learn to live on less.

This sounds like a sneaky way to get us all to eat bugs. No thanks Klaus, I don't plan on starving myself, I'll eat as much food as I please and if someone else starves because I hoarded the food, tough shit.