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posted 3 years ago by MAGULQ 3 years ago by MAGULQ +129 / -0
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– bubble_bursts 1 point 3 years ago +1 / -0

Several things can make it crash. It is foolish to think either side can "control the demolition" of something so huge and gigantic.

You are looking at this with the belief that we have a free market. If that were the case everything would have crashed in late 90s. Catherine Austin Fitts explains well what they did then, and how they have been extending this illusion through various financial black magic.

Nothing in the market is natural. Everything is controlled. Every single thing. Hence its not a stretch to believe the demolition will be controlled as well. If this were not the case, we wouldnt have needed this long timeline while setting all the "charges" in the right place, so that when the demolition happens it wont take down We The People but just the Cabal assets' assets.

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– CoolAsACucumber 1 point 3 years ago +1 / -0

You need to read Richard Cantillons Essays.

https://www.amazon.com/Essay-Economic-Theory-Large-Print/dp/1479321583

He wrote them 20-30 years before the self purported "Father of Economics" Adam Smith wrote his works. Richard

Cantillon is known as the "Father of Enterprise Economics" (even though he wrote about economics in general first).

Cantillon is very briefly talked about in a Bachelors of Economics and then completely forgotten even in Graduate studies. The college Economics curriculum is all about teaching "guhvernment spending guhd"

The US is not the first reserve currency and by the 1720s this cycle had happened several times. You can have a much clearer lens and view on how the economy works when you look in history on how previous reserve currencies rose and fell. Cantillon gives very simple and complete explanations that are still very relevant today. In fact the only unknown between his explanations in the 1720s and now is the advent of cryptocurrencies which are not tied to any one country.

"Financial Black Magic" is just debt and the rolling over of debt into new debt along with different ways of hiding it. There's also electronic trading tricks now that allow fake trades to happen to scare regular investors out of their asset.

There is no way this can be a controlled demolition. Yes Trump have all the banks, pharma companies, FBI/CIA, etc liquidated. It doesn't change the fact that there is much more debt in the system than there is money. It doesn't change the fact that there will be a severe supply chain breakdown and that millions if not billions of people will die as a result of that. After everything in the last 3 years, you will see major chimp out from the public no matter what happens and that won't be controlled. It will get messy.

The hope that I have is that cryptocurrencies can be used as an alternative financial system to much more quickly build back from the fallout that will happen because historically it takes at least a generation (20 years) to come back from falls a lot less high than what the US is facing. That manufacturing know how and competitiveness doesn't come back overnight.

The US has been following the same patterns that reserve currencies followed previously. At the very end of a reserve currency, that countries citizens goes into abject poverty. Citizens money has historically always been tied to their country. Countries with reserve currencies at the end of their road don't manufacture things anymore and are heavily in debt.

It all goes back to people unwilling to live in their means and diving into luxury items. Regular United States citizens are no different than other people and their ego gets them in the same trouble.

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– bubble_bursts 1 point 3 years ago +1 / -0

Since we both violently agree that any reserve currency always rises and then falls, we dont need to keep going back to 1700s to rehash this point.

The point of contention is where in this world reserve currency cycle is the USD at. You think its still part of the natural cycle and hence will collapse unexpected based on market events.

I, on the other hand am arguing that the natural cycle of USD ended in 70s when there was a gold run and with that ended whatever free market that was left in the world economy.

It was replaced by pure tyranny of Petro dollar where anyone who refuses to purchase USDs to buy oil, or anyone who sells oil in anything other than USD, would be bombarded to hell and back.

Tell me how exactly market forces have been in work since then if everyone is forced to make purchases at tank point?

Tell me how exactly dollars can be printed at exponential rate and yet you don't see people living in "abject poverty" if market forces are in place and the only black magic is debt back by debt.

No, the black magic is not "debt backed by debt". That would very quickly unwind itself with sky rocketing inflation.

The black magic is making you believe we are not living in abject poverty, while we have been trained to eat poison, drink poison, immerse ourselves in poisons, and slave day and night just for the pleasure of enjoying this poison.

The black magic is the fact they can make you believe this is all happening under free market.

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