Mr. Cooper was "hacked" https://archive.is/SXtpC
Goldman Sachs, JP Morgan: Brace For Commercial Debt Fallout https://archive.is/sMS9D
Fannie Mae introduces new rules for Mortgage Brokers https://mymortgageinsider.com/just-5-down-for-multi-family-homes-fannie-mae-introduces-new-rules/
Freddie Mac Blacklists Meridian Capital https://therealdeal.com/new-york/2023/11/08/former-freddie-mac-ceo-david-brickman-no-longer-meridian-chairman/
US30Y Auction Fails https://archive.is/pxTIO
A&O Shearman "hacked" https://archive.is/vjOow
Largest Bank in world taken down by "hackers" https://archive.is/3BmOw
ICBC forced to trade and settle deals with USB sticks https://archive.is/8vfHV
50% of Australia's Ports Taken Down due to "hack" https://archive.is/8Cu45
ICBC pays Trillion $ Ransom to "hackers" https://archive.is/cceHL
Also DTCC Doubles Margin Requirements for Mortgage Backed Securities (sound familiar?) https://archive.is/x5Hs8
South Korea bans all short selling until June 2024 https://archive.is/vHEno
Governor of Federal Reserve Lisa Cook warns of the dangers and imminent disaster in real estate https://archive.is/jSkLW
WeWork declares bankruptcy on Nov 6th. https://archive.is/VQQ7W
ACH Outage first week of November (still affecting some people) https://archive.is/qVybU
Bank of Japan Outage in October 80B+ $ affected in accounts https://archive.is/VrA83
More borrowed from FHLB than in 2008 mortgage crisis! https://archive.is/V4AU3
JPM, Citibank, BoA close thousands of accounts https://archive.is/rreKc
Boeing "Hacked" Files Leaked Online https://archive.is/0m7W3
I mean realistically, how long are we expecting the economy to stay collapsed when it does? I’m not expecting a decade or anything. Maybe 3-6 months before Trump takes power again begins the switch over to the gold standard. There’s no way Trump and the White Hats will let the suffering go on any longer than it has to to wake the people up, completely discredit and dismantle the fiat system, and destroy the FED. They’re not going to let America devolve into total mad max anarchy, where canned goods, toilet paper, bic lighters, bullets and bottle caps are king.
What I’m actually curious about, that nobody has a real answer for yet, is what’s going to happen to everyone’s savings when the economy collapses, and we switch over back to the gold standard? Some kind of conversion rate?
I believe it will be faster than you think but not fast enough. It will last as long as necessary for the nation to wake up.
The recovery will be very fast.
President Trump has said there will be a nationwide celebration from Memorial Day 2025 until July 4th 2026.
That is not going to happen in a depression. But it sure could happen as we come out of a depression.
ive been hearing "non q" types of people joking that "nothing can stop what is coming, and nothing can hasten it either" lately.
to OP: the scam has been to crash the 'reserve currency' about once every 100 years. we are way past due and the dollar just can't die fast enough for people with trillion dollar bets riding on its demise while doing everything in their power to push it in its grave and kick some dirt over it before its even dead.
if thats not strong evidence that this is sabotage and it wasnt a natural death then i dont know what is.
Perhaps it's being kept alive by the WH's as long as possible to bankrupt the players
at the beginning of the covid fiasco my stepdad ... whose nobody important just a c-level manager in a fortune 500, said "just hide out by the ocean for awhile until some people run out of money."
he wouldnt elaborate.
a few weeks ago they had an all hands on deck because they fully expected a solar storm/cme type event to catastrophically wipe out our telecommunications. (it is a telephone company)
if hed told me anything beyond that i wouldnt repeat it online. but he didnt. i dont know if he was supposed to talk about the cme thing.
he's all in on being vaccinated and repeatedly boosted he is not a conspiracy minded person at all and about as left as they come. so when he says stuff like this it gets my attention.
Slowly, then suddenly.
He also said the recovery will be so fast it’ll make heads spin. Also commented about Ken “I lied under oath to congress” Griffen hiding his money.
I suspect the depression is going to be the entirety of 2024. But there will probably only be 3-4 weeks of serious shortages, where basic commodities are simply unavailable at any price. This will mark the precipice.
To this end, I always wondered why Blockrock et. al bought up all the housing stock in 2021-2022, sending housing prices soaring. The last couple of weeks have hinted at the plan. They are going to crash the housing market. Using the excuse that treasuries are paying 5+% and return on rentals is only around 4%, they are going to dump their houses onto the market. (Don't worry...you and I won't get the cheap deals. They have shell companies flush with cash and primed to acquire the houses at the discounted rates. It will be a paper transaction only for the purposes of setting market valuations.) The housing market at present is so completely seized up and lightly traded they will have little resistance to pulling this off.
This is going to kill the housing market, and put the final nail in ordinary American's livelihood, leaving millions underwater on their mortgages and making home equity lines of credit worthless. Since for most of America, the vast majority of their perceived worth is in their home, the collapse of housing market will be a death blow to their finances.
But this is a slow process. It will necessarily unfold over several months, spreading like a virus and infecting every community at different rates. It's not something that can be done in a few days like crashing the stock market.
Nailed it. What was not mentioned (if I may) is the double tap the finance cabal gets. ‘Black Rock proper’ (and the others) will claim the ‘paper losses’. Say “we have lost trillions too”, when really, they haven't lost shit, but legally they can write off the false equity losses.
That makes perfect sense. We've all known it has to hit people close to home. Bullseye!
Combine that with a stock market crash, hyperinflation, threats of nuclear war, and riots, and you’ve got a precipice.
Less than a month is my "guess". And possibly not everywhere.
I'm ready for a year.
Years. There is no way you can bounce from complete economic collapse to economic stability in a matter of months. Especially if we’re expecting for it to be worse than the GD.
While that’s the logical and rational conclusion to take, I’m sort of expecting a literal deus ex machina on the whole thing along with averting WWIII and total catastrophe, silver bullet type scenario.
wait until we release nuclear fusion, advanced AI, cancer cures, and more in a single year
I want my flying car
"Roads? where we're going we don't need roads"
https://www.youtube.com/watch?v=G3AfIvJBcGo
I like your name.
I know I talked about this to my family all the time. I told them when peanut butter hits the fans, we'll all be looking for shoelaces. Smart people buy some pm and crypto (I know some don't believe in crypto, but I do).
How long? 2 years maybe.
I’m with Greatheart on this one, Trump says there’ll be a celebration for America from May 2025 to July 2026. This implies that there wont be a drawn out and protracted depression, and a lot of America’s most immediate chronic problems will have been solved by then. I have total faith in this, but I’m not betting my life on it either.
When did he say this I missed it?
https://www.newsmax.com/newsfront/america-birthday-party-donald-trump/2023/05/31/id/1121876/
It’s just another reply to my original comment