LeafByNiggle
Well-known member
I think what he means is that despite your “sky-is-falling” rants, life goes on. People continue to fall in love, have children, live a good life, and pass from this life in God’s own time.
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sedonaman
Guest
We have seen this happen before. When the market started to collapse at the beginning of the Great Depression, wealthy financiers [instead of the government] rushed in with their own money to try and shore everything up. It worked for only a few days, until their money ran out.
“Nø, they can’t.”
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Robert_Sock
Guest
Don’t worry, be happy!
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ACCT
Guest
These are some of my favorite quotes from Ludwig von Mises. He is known as the head of the “Austrian school” of economics. He was a Professor of Economics at the University of Vienna from 1934 to 1940.
Government is the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.”
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
Government is the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.”
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
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ACCT
Guest
God provides for the birds of the air. However, birds still have to get out of their nest to get food. Mary says that we are not to waste time. Time is short. The 10 chastisements are close. We will lose our wealth and many of us will lose our lives. God will destroy the evil in the world and those of us who will survive will go back to the soil. We will have to sweat for our daily bread. Enjoy!
Our faith is in Jesus, not in governments and central banks. God tells us that worry is useless; what is needed is trust in God. Peace and joy only come from God.
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Robert_Sock
Guest
I have to wonder if what you see as economic collapse is really a ‘correction’ in world order. I suspect that economic collapse is a much needed correction in standard and quality of living.
Don’t be surprised if psychological rewards become the preferred commodity over ‘money.’
Don’t be surprised if psychological rewards become the preferred commodity over ‘money.’
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ACCT
Guest
Again, I do not understand what you are talking about. What are “psychological rewards?” Whatever it is, it is not a commodity. Additionally, what is a “correction in world order?”
The prices of all commodities are going down right now, and prices will probably go lower. However, it is just a head fake. We will see the greatest explosion in commodity prices ever, ultimately taking gold to well over $5,000 an ounce, silver to over $150 and oil to over $200 a barrel.
If Washington can pay back foreign creditors and pay you your future benefits with dollars that are worth less than they are today, who comes out ahead? Washington! You certainly don’t because your cost of living will go up disproportionately. It’s what I call “a default on the sly.”
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ACCT
Guest
There is an epic battle unfolding between central banks and the forces of deflation. Ultimately, the central banks will win, but there will be unintended consequences: Sharply higher inflation, even wilder swings in the markets, and eventually the breakdown of the existing monetary system.
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Robert_Sock
Guest
It’s interesting how this may be bringing the Western world in line with the rest of the world. As economic systems collapse, the world continues to grow at an astounding rate!
Sacrifice is needed to achieve worldwide social justice.
“One people, one planet. Don’t take your brother for granted!”
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JimG
Guest
Big banks vs deflation?
Hmmm. I don’t know. Deflation could win.
Hmmm. I don’t know. Deflation could win.
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ACCT
Guest
Europe is melting down before our very eyes. And if you think it has no consequences to you, think again, because the force driving this rising tide is none other than PANIC!
And as you know, PANIC SPREADS, and it does so very, VERY quickly!
The panic is already causing big global investors to head for the hills, selling almost everything in sight. And it’s just beginning!
And as you know, PANIC SPREADS, and it does so very, VERY quickly!
The panic is already causing big global investors to head for the hills, selling almost everything in sight. And it’s just beginning!
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ACCT
Guest
Deflation and inflation are both sides of the same coin. Heads (inflation), the government wins. Tails (deflation), you lose. Either way you lose. What we need is honest money (gold and silver).
Right now we are in deflation. ** PANIC** is striking key markets! Spanish and Italian bond markets are crashing! The Euro is plunging!
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ACCT
Guest
There is no doubt that banks are under seige. They are drowning in massive losses, swamped with withdrawals and are lining up for bailout money.
Governments are also in big trouble. Their debts are out of control, tax revenues are plunging and their interest costs are surging.
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ACCT
Guest
Years of bailouts… manipulated currencies… and artificially low interest rates have all had added up to produce enormous consequences.
“This economic crisis is like a cancer,” says trader Alessio Rastani in a warning that went viral on Youtube.
“And if you just wait and wait… thinking this will go away… just like a cancer it’s going to grow and it’s going to too late.”
“What I’d say to everyone,” continues Mr. Rastani, “is to get prepared.”
Now is not the time for wishful thinking. It’s not the time to wait around thinking that the government will smooth everything over, he warns.
It’s time to learn the truth… and to get prepared.
“This economic crisis is like a cancer,” says trader Alessio Rastani in a warning that went viral on Youtube.
“And if you just wait and wait… thinking this will go away… just like a cancer it’s going to grow and it’s going to too late.”
“What I’d say to everyone,” continues Mr. Rastani, “is to get prepared.”
Now is not the time for wishful thinking. It’s not the time to wait around thinking that the government will smooth everything over, he warns.
It’s time to learn the truth… and to get prepared.
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Matilda_Bennett
Guest
This thread is now closed. Thank you to all who participated.
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