US dollar and Commodities Index are now rising simultaneously
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (35)
sorted by:
Honest question here - what happens if it crashes? Are we looking at a 2008 type scenario, or Great Depression type event?
No this is far worse than 2008. What's happening in the chart has never happened before. it has always been an inverse relationship. Inflation is so bad right now that even a strong dollar cannot compete with price increases.
I'm not even sure the GD matches this one. When the crash happens, it will be incomparable. And frankly that is required to usher in a Great Reset.
So this is all according to plan.
Ok, so are we talking about breadlines and other stuff we've read about?
In some places yea. In others, no. It's going to depend on local resources.
Places like Montana if they begin pumping oil again will have cheap fuel. Same with Texas. But the cost of meat and produce will go up because these places won't be able to sell them to external markets as easily. Also, local employment will be a factor. Restaurants who serve some exotic food from outside of their local area will inevitably have to change their menu or begin lay offs leading to potential bankruptcy. It's a complicated chain.
These are of course just a few examples. The real effect will be much, much worse.
So some places will get hit very bad. Others will be alright.
If you're in NY City for example, it's gonna be terrible. Packed population with massive imports for damn near everything and little local production (not nearly enough to feed 8M people) compounded by government taxes and red tape for everything.
Cities … go back and watch the ORIGINAL Escape from New York With Kurt Russel. No longer fiction … more like a spoiler alert.
WAY WAY worse. In 2008 the Fed/Treasury had ‘bailout’ levers. Those days are fuking long gone.
SPX and DOW lose EASILY 35-40% by EOY. Probably way more than that.