The possible coming collapse(s)
POSTED BY: SIGNYM
UPDATED: Friday, June 26, 2026 17:42
VIEWED: 5665
PAGE 3 of 7
Quote:Tell us about Indiana, 6.
Originally posted by REAVERFAN:Quote:
Stop your fucking whining. You could live in Russia.
T
Tell us about Trump's Nazi America, Subcomandante Marcos.
Do Right, Be Right. :)
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I see a lot of misdirection and evasion from the ACTUAL TOPIC by zombies such as SHITHITTHEFAN.
HEY REAVERSHIT!! ... You're just as bad as the GWB-bots (yes I know, bots are programmed algos, just like YOU'RE a programmed algo) who were claiming that the economy was ON FIRE!! one month before the financial system collapsed.
How about sticking to THE TOPIC?
a) It's a good exercise for your brain, assuming you have one. Denial is never a good thing for the person engaged in it.
b) It will move the topic forward and may uncover interesting insights.
For your own sake, please engage brain before spewing propaganda. Remember, the topic is: Possible coming collapses.
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Pity would be no more,
If we did not MAKE men poor - William Blake
"The messy American environment, where most people don't agree, is perfect for people like me. I CAN DO AS I PLEASE." - SECOND
America is an oligarchy http://www.fireflyfans.net/mthread.aspx?tid=57876 .
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Another Death of the Dollar or Dollar Collapsing thread?
The Most Powerful Buyers in Treasuries Are All Bailing at Once
Fed, foreign governments, commercial banks all stepping back
https://www.bloomberg.com/news/articles/2022-10-10/the-most-powerful-b
uyers-in-treasuries-are-all-bailing-at-once
https://archive.ph/uunrn
Everywhere you turn, the biggest players in the $23.7 trillion US Treasuries market are in retreat.
From Japanese pensions and life insurers to foreign governments and US commercial banks, where once they were lining up to get their hands on US government debt, most have now stepped away. And then of course there’s the Federal Reserve, which a few weeks ago upped the pace that it plans to offload Treasuries from its balance sheet to $60 billion a month.
If one or two of these usually steadfast sources of demand were bailing, the impact, while noticeable, would likely be little cause for alarm. But for every one of them, all at once, to pull back is an undeniable source of concern, especially coming on the heels of the unprecedented volatility, deteriorating liquidity and weak auctions of recent months.
The upshot, according to market watchers, is that even with Treasuries tumbling the most since at least the early 1970s this year, more pain may be in store until new, consistent sources of demand emerge. It’s also bad news for US taxpayers, who will ultimately have to foot the bill for higher borrowing costs.
“We need to find a new marginal buyer of Treasuries as central banks and banks overall are exiting stage left,” said Glen Capelo, who spent more than three decades on Wall Street bond-trading desks and is now a managing director at Mischler Financial. “It’s still not clear yet who that will be, but we know they’re going to be a lot more price sensitive.”
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Quote:
Originally posted by JAYNEZTOWN:
“We need to find a new marginal buyer of Treasuries as central banks and banks overall are exiting stage left,” said Glen Capelo, who spent more than three decades on Wall Street bond-trading desks and is now a managing director at Mischler Financial. “It’s still not clear yet who that will be, but we know they’re going to be a lot more price sensitive.”
Martians? Kanamits? The Hands of Blue?
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Falsus in unum, falsus in omnibus
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Quote:
Originally posted by SIGNYM:
The solution is to get out of the competition. We have to ask ourselves the fundamental question: Is the economy supposed to serve the people, or are people supposed to serve the economy?
Putting people on a treadmill to hell just so that some people can get ultra-wealthy is not "serving the people". That is one of the reasons why I think it's so important for nations to maintain their sovereign powers to direct their own economy. If you can't do that, nations will just be pitted against each other by the transnational elites.
Also, why it's so important for nations to be as self-sufficient as possible, and with a near-neutral balance of trade. It's bad for a nation such as ours to be indebted up to our eyeballs to almost every other nation in the world. We have almost every resource required to intelligently run a modern economy, people who are out of decent jobs, and crying unmet needs. So what's the problem?
OTOH, basing your economy on exports is a problem too ... it distorts your economy to produce for a foreign market, and if that foreign market should dry up then your economy stumbles too: Just look at China in 2008, when they discovered the fatal flaw in their export-to-the-west plan.
It comes down to Shakespeare: "Neither a borrower (trade deficit) nor a lender (trade surplus) be"
*****
The IMF has been planning for the death of the petrodollar for years. They've already set up a system call Special Drawing Rights (SDR) which is to serve as the "new" reserve currency. China fought hard to, and succeeded in getting included in the SDR basket. I think that's a mistake. I look at Russia, which is working hard to isolate itself from whatever chaos may erupt. They've paid down their debts, created an electronic exchange free from SWIFT, signed deals in bilateral currency swaps, and are working towards self-sufficiency. They're battening down the hatches. I think we should too, but nobody will admit that there's even a problem so ...
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Pity would be no more,
If we did not MAKE men poor - William Blake
"The messy American environment, where most people don't agree, is perfect for people like me. I CAN DO AS I PLEASE." - SECOND
America is an oligarchy http://www.fireflyfans.net/mthread.aspx?tid=57876 .
Just to bring the thread back to the larger topic: multiple ways to collapse.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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There is a Russian expat and former engineer, now USA citizen, Dmitry Orlov, who lived thru the collapse of the Soviet Union and shared his observations about what constitutes a collapse. Others who lived thru the Chilean collapse also have insight on what happens, but Orlov has a more global outlook, I think. We could also look at the Weimar Republic which ushered in Hitler.
Currency collapse is just one possible game piece holding up our Jenga-like stucture. It's an important one, and Presidents, Congresses, and the Fed, from Nixon forward, have been busy pulling that piece out. Bit by bit, with overspending, overprinting, and deindustrializng.
Anyway, according to Orlov, the five stages are
Financial collapse
Commercial collapse
Political collapse
Social collapse
Cultural collapse
https://www.countercurrents.org/orlov131108.htm
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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We'll be fine.
I seriously doubt TPTB want to turn this into Mad Max world.
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Falsus in unum, falsus in omnibus
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Quote:We both agree that Biden* is a meat puppet. And the puppeteers are having him do incredibly stupid things. Stupid for us, anyway.
Originally posted by 6IXSTRINGJACK:
We'll be fine.
I seriously doubt TPTB want to turn this into Mad Max world.
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Falsus in unum, falsus in omnibus
But do you really think TPTB live in the same world that we do? They're not in the scrum* with us.
*rugby scrum
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Pity would be no more,
If we did not MAKE someone poor - William Blake
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JAMES RICKARDS - The Road To Ruin
https://www.bitchute.com/video/ei6T9is-nV0/
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People playing with funny money on "off book" derivatives. Crypto was just a more visible version, but these off book derivatives and FX pairs and swaps are still going on today.
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Pity would be no more,
If we did not MAKE someone poor - William Blake
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME