Tech Bubble Armageddon Prediction Thread

[stares at error messages]

#include <https://kiwiframs.net/threads/do-yo...-in-the-near-future.77634/page-2#post-7613198>
#include <https://www.businessinsider.com/tim-oreilly-end-of-silicon-valley-2021-3?r=DE&IR=T>
#include <https://www.oreilly.com/radar/the-end-of-silicon-valley-as-we-know-it/>
#include <https://vid.puffyan.us/watch?v=b26abLRxVeU>
// This guy calls Covid Cerveza Sickness. Just a heads up.
#include <https://www.youtube.com/watch?v=m6KkRdZRC_I>

Big Tech, which is a total misnomer because they haven't invented anything since the 1970s and SGML in the '60s and had just repurposed what already existed to cash in on hedge-fund inverters whimsies, is probably even more unstable then has been believed in recent years. Stanly Drukenmiller is predicting Hyperinflation after 2024. The investing industry is starting to get wise to the Unicorn, never actually profitable but very exciting to invent in company, as described by O'Reilly. I'm guessing '24 will be the cut off for FANG's run and the start of US hyperinflation.

<http://cdn1.thecomeback.com/wp-content/uploads/sites/94/2018/06/Conspiracy-Theory-Wall-832x447.jpg>

It's going to sound like a conspiratorial scheme, but it's all connected. the UN would have you believe that more people globally are being lifted out of poverty then ever before. This is a ignorant statement as it says noting the the lasting effects of those poverty changes and if they can be maintained into future generations. Similar to with Economic Markets, Mean Reversion could also happen with world poverty and the West will not be immune by any stretch of the imagination. Systems Collapse is when the connections of a large geographically interdependent economy can no-longer operate. The technology that allows for trade internationally is lost by a civilization and poverty for generation sets in. Outlined in Eric Cline's 1177 B.C. When Civilization Collapsed, this happened in New Kingdom Egypt then about -1177. A trade network passing from Greece to modern day Afghanistan and to Egypt and back fell apart. Egypt arguably did okay holding onto it's old money, though lost the literacy and was no-longer capable of being a major power. What country does that sound like today? I'll let you decide.

In the coming years the US is going to turn into South Africa and I'm not just saying that because black have more kids. While currently unthinkable, the idea that the United States could devolved into a number of tyrannically despot states is being begrudgingly shows to us by the Covid Pandemic and the Actions of a number of state governors. (Gretchen Whitmer in Michigan, I'm looking at you.) It's been common consensus that the US's electric grid is not as strong as it could be against solar flares and cyber attacks. Those are both abstract threats. What's more dangerous is that all the middle income people who run the power plants get killed for being too rich by a mob of rioters. It's not like we don't have a fair share of riots. The future of the United States and the West more generally is not a good one. The West has become too civilized and has lost its ability to immunise itself. This is figurative, where is the past a gang of the local men would eject the foreigners creating a vacuole in their town now is met with unchangeable political situations and no-go zones. Perhaps changes in demographic are easy enough to ignore in your lifetime, but the inter-generational consequences of multiculturalism; an ethnic ethic of anti-cooperation and extreme individualism is not going to create a cohesive and productive society in the future. The future is not looking good and I think a mass exodus from the West consisting of young people is not a ridiculous assumption to make.


It'd be nice to aggregate more doom-saying here to see how it all unfolds.

 

[Dom Cruise]

All you gotta do is look at how fucking shitty people's attitudes have gotten this last decade to know some real trouble is probably ahead, it's not normal the way people act these days and it could be reflective of some deeper problem, like people can sense something is really wrong even if they don't consciously realize it so they lash out in more and more bizarre ways.

Looking at this from a secular perspective, my hope is that the 1980s prediction that the 21st century would be the "Japanese century" unironically comes true, Japan swoops in and becomes the world's number 1 superpower and acts as a model for everyone else to follow by being a culture that wasn't completely corrupted unlike the west.

I'm being funny but at the same time I'm actually being dead serious, there's something at the core of Japanese culture that is good, that really can provide an example for the rest of the world, I think that's one reason why it's resonated with me for so long.

What is that core idea that makes Japan what it is? The idea that people should actually give a shit about what they're doing, that people should strive for excellence no matter what it is they're doing, even if what you're doing is flipping burgers, it's the polar opposite of the west's attitude at the moment.

Japan certainly has it's own problems at the moment, but could they rise like a phoenix from the ashes and the rising sun will shine all over the world?

 

[WhoBusTank69]

predicting Hyperinflation after 2024

Gee I wonder how anyone could imagine that.
Is it the massive disruption in the 2020/early 21 economy mixed with stimulus money that's barely spent, the housing bubble that's near to bursting, auto-loans collapsing as we speak, federal student loans being forgiven(albeit on a microscopic level), and various goods increasing in price due to perceived scarcity due to oncoming threats of years-long rioting?
Oh wait, no, it's globohomo or some shit. Yeah, that's the ticket.

 

[Rich Evans Apologist]

Looking at this from a secular perspective, my hope is that the 1980s prediction that the 21st century would be the "Japanese century" unironically comes true, Japan swoops in and becomes the world's number 1 superpower and acts as a model for everyone else to follow by being a culture that wasn't completely corrupted unlike the west.

konichiwa

https://en.wikipedia.org/wiki/Lost_Decade_(Japan)

Is it the massive disruption in the 2020/early 21 economy mixed with stimulus money that's barely spent, the housing bubble that's near to bursting, auto-loans collapsing as we speak, federal student loans being forgiven(albeit on a microscopic level), and various goods increasing in price due to perceived scarcity due to oncoming threats of years-long rioting?

Current US Inflation Rates: 2000-2021 | US Inflation Calculator

The annual inflation rate for the United States is 6.8% for the 12 months ended November 2021 -- the highest since June 1982 and after rising 6.2% previously, according to U.S. Labor Department data published December 10. The next inflation update is scheduled for release on January 12, 2022, at...

www.usinflationcalculator.com

YUGE inflation incoming for sure this time

 

[malt ipecac]

I very much agree that big tech is a bubble and that we are headed into a bad decade, at least. However, it's been a while since I hit the peace pipe, so my views are a bit different.

I've never heard of Stanly Drukenmiller, but that's okay because he's hardly the only talking head predicting massive inflation in the near future. This, more than anything, makes me fear what it'll be like to live in the United States in twenty or thirty years. An inflation-impacted economy will necessitate fat-trimming across the board, and this fat-trimming will be especially painful -- deadly, even -- for industries that consist mostly of fat. When bubble industries account for a large portion of the economy, a lot of people will lose their jobs, and the reckoning will be worse than if the economy had been one with a saner allocation of capital.

The fattest bubbles today are big tech and higher education. People are going to wise up, or be forced to wise up, to the fact that most of what these companies [sic] sell is snake oil.

Now, do I think this has anything to do with solar flares, Ancient Egypt, or Gretchen Whitmer? No. Nor do I think it's going to lead to some sort of mass exodus from the West (to where?). But it'll be bad -- bad enough that we won't be able to dance around and cutesy it up by using a euphemism like "great recession" for fear of saying the D-word in public.

 

[haha fune sex numbr]

#include <https://kiwiframs.net/threads/do-yo...-in-the-near-future.77634/page-2#post-7613198>
#include <https://www.businessinsider.com/tim-oreilly-end-of-silicon-valley-2021-3?r=DE&IR=T>
#include <https://www.oreilly.com/radar/the-end-of-silicon-valley-as-we-know-it/>
#include <https://vid.puffyan.us/watch?v=b26abLRxVeU>
// This guy calls Covid Cerveza Sickness. Just a heads up.
#include <https://www.youtube.com/watch?v=m6KkRdZRC_I>

Big Tech, which is a total misnomer because they haven't invented anything since the 1970s and SGML in the '60s and had just repurposed what already existed to cash in on hedge-fund inverters whimsies, is probably even more unstable then has been believed in recent years. Stanly Drukenmiller is predicting Hyperinflation after 2024. The investing industry is starting to get wise to the Unicorn, never actually profitable but very exciting to invent in company, as described by O'Reilly. I'm guessing '24 will be the cut off for FANG's run and the start of US hyperinflation.

<http://cdn1.thecomeback.com/wp-content/uploads/sites/94/2018/06/Conspiracy-Theory-Wall-832x447.jpg>

It's going to sound like a conspiratorial scheme, but it's all connected. the UN would have you believe that more people globally are being lifted out of poverty then ever before. This is a ignorant statement as it says noting the the lasting effects of those poverty changes and if they can be maintained into future generations. Similar to with Economic Markets, Mean Reversion could also happen with world poverty and the West will not be immune by any stretch of the imagination. Systems Collapse is when the connections of a large geographically interdependent economy can no-longer operate. The technology that allows for trade internationally is lost by a civilization and poverty for generation sets in. Outlined in Eric Cline's 1177 B.C. When Civilization Collapsed, this happened in New Kingdom Egypt then about -1177. A trade network passing from Greece to modern day Afghanistan and to Egypt and back fell apart. Egypt arguably did okay holding onto it's old money, though lost the literacy and was no-longer capable of being a major power. What country does that sound like today? I'll let you decide.

In the coming years the US is going to turn into South Africa and I'm not just saying that because black have more kids. While currently unthinkable, the idea that the United States could devolved into a number of tyrannically despot states is being begrudgingly shows to us by the Covid Pandemic and the Actions of a number of state governors. (Gretchen Whitmer in Michigan, I'm looking at you.) It's been common consensus that the US's electric grid is not as strong as it could be against solar flares and cyber attacks. Those are both abstract threats. What's more dangerous is that all the middle income people who run the power plants get killed for being too rich by a mob of rioters. It's not like we don't have a fair share of riots. The future of the United States and the West more generally is not a good one. The West has become too civilized and has lost its ability to immunise itself. This is figurative, where is the past a gang of the local men would eject the foreigners creating a vacuole in their town now is met with unchangeable political situations and no-go zones. Perhaps changes in demographic are easy enough to ignore in your lifetime, but the inter-generational consequences of multiculturalism; an ethnic ethic of anti-cooperation and extreme individualism is not going to create a cohesive and productive society in the future. The future is not looking good and I think a mass exodus from the West consisting of young people is not a ridiculous assumption to make.


It'd be nice to aggregate more doom-saying here to see how it all unfolds.

>Doomposting
Stop, I can only get so hard.

Mass exodus is definitely happening, you're either getting out of America within the next few years or you're ending up as a slave in post-collapse America. Try to be among the first wave out, otherwise you're going to find it really hard to leave via legal means. They're counting on you sticking around and toiling away until the day you die to cover the massive debt generated by our predecessors, so they're going to go into full panic mode once too many members of the slave class slip out. No more travel, total border lockdown. Future is the best!

 

[Foxxo]

>Doomposting
Stop, I can only get so hard.

Mass exodus is definitely happening, you're either getting out of America within the next few years or you're ending up as a slave in post-collapse America. Try to be among the first wave out, otherwise you're going to find it really hard to leave via legal means. They're counting on you sticking around and toiling away until the day you die to cover the massive debt generated by our predecessors, so they're going to go into full panic mode once too many members of the slave class slip out. No more travel, total border lockdown. Future is the best!

Are you even aware that everywhere else is doing worse?

 

[haha fune sex numbr]

Are you even aware that everywhere else is doing worse?

Depends on how you define "worse," tbh. If worse means "its harder to find a mcdonalds" then sure, lots of countries are doing worse. I'm willing to accept less novelties in exchange for an overall higher quality of life.

 

[Spasticus Autisticus]

>Doomposting
Stop, I can only get so hard.

Mass exodus is definitely happening, you're either getting out of America within the next few years or you're ending up as a slave in post-collapse America. Try to be among the first wave out, otherwise you're going to find it really hard to leave via legal means. They're counting on you sticking around and toiling away until the day you die to cover the massive debt generated by our predecessors, so they're going to go into full panic mode once too many members of the slave class slip out. No more travel, total border lockdown. Future is the best!

And where do you plan on going? Do you think that as an American you're going to just get to waltz on in to whatever country you think is a good place to escape to? The only places you're likely to do that in are countries with central governments that are already barely functioning. Western Europe only wants brown pets as immigrants, Eastern Europe and Japan don't want immigrants at all, Canada/Aus/NZ only want rich Chinese. It's hard to think of anywhere else that isn't either unstable, tyrannical, impoverished, likely to fall to China/Russia in the event of a US collapse, or some combination of those.

 

[Milkis]

I predict that hyperinflation will not happen because the US will try the same shit China is rolling out now with digital currency that they can take away from you at any time. yes, that is a real use case the PBOC has mentioned, not Alex Jones tinfoilery.

 

[knobslobbin]

The hedge fund guy of "The Big Short" Fame -Michael Burry- who bet on the 2008 collapse and made over $800 million recently predicted that we are in a very similar cycle to Weimar Germany right before the hyperinflation hit.

Michael Burry Warns Weimar Hyperinflation Is Coming

Michael Burry Warns Weimar Hyperinflation Is Coming One week ago, Bank of America hinted at the unthinkable: the tsunami of monetary and fiscal sti

www.nationandstate.com

I ignore most doom and gloomers who have been screaming this for 20+ years (AHEM looking at you Peter Schiff), but when Michael Burry is sounding the same alarm you know it's fucking go time. I'm hedged as much as I can be, but nobody knows how this will play out. Will commodities shoot up then collapse? Will land hold it's value or collapse? Will the gold market finally stopped being manipulated? Will interest rates explode? Will the left+right alliance finally enact communism?

I don't really care anymore, I'm hoping for a planet busting comet or supernova while I sleep.

edit: sorry for my side rant. But to stay on topic, yes big tech is fucked and they deserve what's coming.

 

[Dom Cruise]

konichiwa

https://en.wikipedia.org/wiki/Lost_Decade_(Japan)

In my opinion the "lost decade" only happened because of financial shenanigans by those that didn't like the idea of Japan becoming number 1, had those shenanigans not happen we'd probably already be living in the "Japanese century" by now and my point was that Japan couldn't do any worse being number 1 in this century than America has done 21 years into it.

America used to be cool, but then we were corrupted, if anyone other than us deserve to take the mantle of world's number 1 superpower it's Japan.

I very much agree that big tech is a bubble and that we are headed into a bad decade, at least. However, it's been a while since I hit the peace pipe, so my views are a bit different.

It's only going to be bad though if people's attitudes are bad, regardless of whatever happens with the economy and all that bullshit, if there's a change of attitude and people try to make the best of a bad situation it can be ok.

I compare it to the 1930s and the Great Depression, now I'm not trying to downplay the Depression, but people had better attitudes back then (for the most part), the culture was better, there's aspects of 1930s culture that are still popular today (like Batman and Superman)

Today though a large number of Americans have turned into insane assholes, I'll give you one example and I ain't even gonna use the left for this example, the incels, a 1930s person would say "Hey, if you want some pussy and can't get some, just buy yourself a whore, why the fuck are you shooting people up and murdering people over your lack of pussy? Huh?"

People need an attitude adjustment first and foremost.

and Japan don't want immigrants at all,

Now that's a damn shame if Japan doesn't want perfectly good white boys anymore.

The hedge fund guy of "The Big Short" Fame -Michael Burry- who bet on the 2008 collapse and made over $800 million recently predicted that we are in a very similar cycle to Weimar Germany right before the hyperinflation hit.

Michael Burry Warns Weimar Hyperinflation Is Coming

Michael Burry Warns Weimar Hyperinflation Is Coming One week ago, Bank of America hinted at the unthinkable: the tsunami of monetary and fiscal sti

www.nationandstate.com

I ignore most doom and gloomers who have been screaming this for 20+ years (AHEM looking at you Peter Schiff), but when Michael Burry is sounding the same alarm you know it's fucking go time. I'm hedged as much as I can be, but nobody knows how this will play out. Will commodities shoot up then collapse? Will land hold it's value or collapse? Will the gold market finally stopped being manipulated? Will interest rates explode? Will the left+right alliance finally enact communism?

I don't really care anymore, I'm hoping for a planet busting comet or supernova while I sleep.

edit: sorry for my side rant. But to stay on topic, yes big tech is fucked and they deserve what's coming.

Which actor portrayed Michael Burry? I saw that movie but I can't remember whose name was what.

I bet a lot of things that happened in Germany might happen in the US! LOL

I put my faith in God that He is about to sort this mess out soon because man, what a mess mankind has made out of the world!

 

[knobslobbin]

Which actor portrayed Michael Burry? I saw that movie but I can't remember whose name was what.

I bet a lot of things that happened in Germany might happen in the US! LOL

I put my faith in God that He is about to sort this mess out soon because man, what a mess mankind has made out of the world!

Christian Bale played Michael Burry in The Big Short.

 

[Dom Cruise]

Christian Bale played Michael Burry in The Big Short.

Ok, yeah, I remember that guy now.

If he's predicting not good things for the economy that's definitely worrying.

 

[knobslobbin]

Ok, yeah, I remember that guy now.

If he's predicting not good things for the economy that's definitely worrying.

Yep, the autistic math genius who saw through the financial shenanigans to the truth that nobody believed, but he was so sure of himself he bet millions anyway and risked his career. We fukt

 

[Dom Cruise]

Yep, the autistic math genius who saw through the financial shenanigans to the truth that nobody believed, but he was so sure of himself he bet millions anyway and risked his career. We fukt

I liked the part where he had an "autistic moment" and yelled "FUUUUUUUUUUCK!"

 

[knobslobbin]

I liked the part where he had an "autistic moment" and yelled "FUUUUUUUUUUCK!"

I wish he was sharing how he's prepping for the coming shitstorm. Man that would be some good info to have without having to wait for Hollywood to make The Bigger Short 2: total fucking collapse.

Or what if he's just bunkering down cause there is no safe haven. Yeah I probably don't wanna know that either. Any preppers wanna adopt me?

 

[Tumbo]

The Worst thing our governments could have done in terms of the economy is the lockdowns. we should have just taken this thing like a punch from Mike Tyson and moved on instead governments the world over resorted to welfare exponentially increasing world debt.

 

[Dom Cruise]

I wish he was sharing how he's prepping for the coming shitstorm. Man that would be some good info to have without having to wait for Hollywood to make The Bigger Short 2: total fucking collapse.

Or what if he's just bunkering down cause there is no safe haven. Yeah I probably don't wanna know that either. Any preppers wanna adopt me?

If you remember in the movie it talks about how the upcoming Great Recession had the potential to totally collapse the world's economy as well.

I know nothing ever really felt the same after 2008 to me, if it's all about about to happen again but this time it's even bigger than that's a big yikes from me fam.

The Worst thing our governments could have done in terms of the economy is the lockdowns. we should have just taken this thing like a punch from Mike Tyson and moved on instead governments the world over resorted to welfare exponentially increasing world debt.

It's almost as if they did it on purpose to wreck the world's economy as an excuse to usher in the New World Order but of course that's just conspiracy theory talk.

 

[Seminal Ointments Lain]

The lockdowns and pandemic are both together a smokescreen for a rapidly failing economy. That's why the media wasn't immediately on it early 2020, it needed to be timed with economic failure after failure. That's why the Second Wave still hasn't happened. The timing has to be perfect so the scamdemic takes the blame instead of Wall Street.