We are seeing the same speculation in stocks. Increasing unemployment. A consumer spending bubble and s slow down in the housing market.
It is crazy how much 2025 is looking like 1929
- Thread starter Samori Toure
- Start date
Yea the more I see, the less it looks like recession and more a self-inflicted depression.
We have done recessions. No one in our lifetimes has more than a passing remembrance of the Great Depression. It's not a sure thing but if they fukk multiple industries up at the same time and the tech and health sectors recede...you know, the sectors that buoy the economy...it's a WRAP for this decade. If the Tangerine doesn't have an absolute lock on things, everybody up top might get dumpstered in a Mussolini way.
We have done recessions. No one in our lifetimes has more than a passing remembrance of the Great Depression. It's not a sure thing but if they fukk multiple industries up at the same time and the tech and health sectors recede...you know, the sectors that buoy the economy...it's a WRAP for this decade. If the Tangerine doesn't have an absolute lock on things, everybody up top might get dumpstered in a Mussolini way.
Child_Of_God
Jesus is king of kings and lord of lords.
Last month, the Holy Spirit told me in a dream that the dollar would crash “soon”. 
Actually it reminds me a lot more of Europe in 1933. Especially if you look at what's happening in the White House. Still the great depression, but deeper into it, with uncontrolled inflation due to crappy policy
History repeats itself. Don't forget tariffs during the depression as well. Didn't work then either.
Last edited:
Millennials living in the worst modern financial timeline!!!!
Yeah, that's mad unfortunate. You graduate from college in '07, thinking you have the whole world in front of you, then—bam! You're out of work, and it takes you 3-5 years to dig yourself out of that hole, and another 2-3 to achieve what you should have when you were 23 or 24.Millennials living in the worst modern financial timeline!!!!
Now, you're 30+ with a kid and a wife, and a dude who's running the country exactly how a Russia-sanctioned politician would if his goal were to destroy the country from within(
)leads you into the worst financial catastrophe in almost 100 years. This time, you're pretty much guaranteed to be fúcked for at least a decade. There isn't a world war and FDR to save your ass this time, and the former would likely result in your death anyways, so you don't want that.
Scustin Bieburr
Baby baybee baybee UUUGH
Things are different in one key way:
In those days currency was pegged to gold via the gold standard.
Now its pegged to petroleum using the dollar. The dollar is still the world's reserve currency, America has a lock on the system that distributes the dollar via global payments(swift), still has the majority of the largest financial institutions, and there has yet to be a replacement for all the products petroleum refinement creates. Having the world's reserve currency is basically like being able to just manufacture gold. They can and will just use quantitative easing to print more money if they have to. It wont devalue the dollar enough to make it worthless when it's the reserve currency everyone is using.
Im not saying don't save your money or don't be careful, but also don't panic. This is still a different world from back then. Now if the euro skyrockets over the next year or two and comes very close to the USD as a reserve currency and the swift alternative system created by China proves just as if not more efficient, that could be it for America.
In those days currency was pegged to gold via the gold standard.
Now its pegged to petroleum using the dollar. The dollar is still the world's reserve currency, America has a lock on the system that distributes the dollar via global payments(swift), still has the majority of the largest financial institutions, and there has yet to be a replacement for all the products petroleum refinement creates. Having the world's reserve currency is basically like being able to just manufacture gold. They can and will just use quantitative easing to print more money if they have to. It wont devalue the dollar enough to make it worthless when it's the reserve currency everyone is using.
Im not saying don't save your money or don't be careful, but also don't panic. This is still a different world from back then. Now if the euro skyrockets over the next year or two and comes very close to the USD as a reserve currency and the swift alternative system created by China proves just as if not more efficient, that could be it for America.
There is no need to panic, but Countries are decoupling from the dollar and are holding gold. In fact they are now holding more gold than U.S. dollars.
For first time in nearly 30 years, foreign central banks hold more Gold than U.S. treasuries For first time in nearly 30 years, foreign central banks hold more Gold than U.S. treasuries
Last edited:
shyt just have your cousin stay and he can pay you for room and boardi got -294.58 in my bank and yall nikkas OUTCHERE PLAYING
