Are We On the Brink of Economic Collapse?

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19 Comments
hardscrabble farmer
hardscrabble farmer
April 27, 2024 8:16 am

Yes, please.

Aunt Acid
Aunt Acid
April 27, 2024 8:18 am

The B3RG* will collapse the “system” when they are good and fucking ready, not before.

Pro Tip: Better 10 years early than 10 seconds late.

Tim
Tim
April 27, 2024 8:24 am

Probably not. I just laugh when I hear this question. People like Michael Snyder have been saying this kind of stuff for so many years now, which is why I quit reading his articles. Nobody knows when this will end.

m
m
  Tim
April 27, 2024 11:29 am

Which is not the same as saying it won’t end.

Tim
Tim
  m
April 27, 2024 1:01 pm

I agree. It will end, but nobody knows when.

Iska Waran
Iska Waran
  Tim
April 27, 2024 12:25 pm

It depends on your definition of “brink”. Dick Cheney said “deficits don’t matter” – another of the things he was wrong about. It seems to me we’re very close (if we haven’t passed it) to the point where the debt cannot be reversed (even as a percentage of GDP). It can probably be monetized for some period after that point, but by then collapse is inevitable. I’d liken it to being in a canoe in the middle of a wide river approaching a waterfall. there’s a point where you’re too close to the falls to be able to paddle to the shore and grab the last available tree branch.

Anonymous
Anonymous
April 27, 2024 9:10 am

Imagine if enough people could just stop paying everything. If the economy collapses all bets are off. Stop paying insurance, credit cards, loans, etc. Who would enforce any of it? We could just all stop paying if the economy collapses . The fake economy must remain in place with threat of bad credit looming overhead for TPTB to have control.

zappalives
zappalives
  Anonymous
April 27, 2024 11:39 am

And that is the Nuke that the people still have.
I say use it and lets see what happens.

anon a moos
anon a moos
  zappalives
April 27, 2024 12:17 pm

I agree but we both know its not going to happen. The People are to afraid of the govt and losing all their ‘stuff;. So they’ll just vote them out in the next 100% corrupted process of voting, choosing the ‘lessor’ of the evils presented and hoping the croc eats them last.

Harrington Richardson-Zimbucks For Everyone!
Harrington Richardson-Zimbucks For Everyone!
April 27, 2024 9:35 am

Digitized money, that is money which exists on computer ledgers opposed to actual paper or coins prolongs the drama. If a loaf of bread is $2.49 at Kroger or $249 if paid with a card, we bitch about it but we get only a smaller part of the shock of Weimar. If we had to roll a wheelbarrow full of cash to buy a loaf of bread society would be in a way different place psychologically.
Modern conveniences like card payment will allow us to go even farther down the road to destruction before people riot in the streets. By then, Them and They will likely have looted everything, especially that “barbarous relic” GOLD.

MMinIN
MMinIN
April 27, 2024 10:55 am

I could NOT watch more than 2 minutes of this bimbo with her cross calling attention to her cleavage, boasting about her “perfection”, before demonstrating her disdain for the protesters @ Columbia. I’m pretty sure some of them were just blowing off steam, some hoping to hook up with someone for the night, some looking for an excuse to do something outrageous, others just bored with dorm life, and certainly some seriously perturbed by the wanton slaughter of Palestinians in Gaza by the Zionists using US supplied 1-ton bombs. All thanks to the Uniparty’s Trump/Biden Siamese Twins’ support. In my now 82 years in what I used to refer to as “these free United States”, I have often been bemused by the blatant hypocrisy and casual cruelty exhibited by “our leaders” in their continuing support of the Jewish Zionists’ activities in the Middle East (West Asia makes better sense) as well as “the Free West”/s. I regret that I’ve never been able to develop the reserves of sarcasm appropriate to apply to our present situation. The slobbering adulation directed at the congeries of sadists , sexual weirdos, economic ignoramuses and complete nitwits who comprise our “ruling class” together with their various satraps in the media , education complex, entertainment and the military, has brought me to the point of near total befuddlement so that I cannot decide between insane laughter ur uncontrollable weeping as most appropriate, and I don’t think I can do both at the same time without “them coming to take me away, hey, hey”. Just some thoughts from an old fart who has lived too long, and seen and thought too much. Keep your powder dry, keep on trucking, and keep the Faith. Even so, Come Lord Jesus!

Aunt Acid
Aunt Acid
  MMinIN
April 27, 2024 6:52 pm

Very well said.

bunnies
bunnies
April 27, 2024 12:16 pm

Nope. Look around. Traffic’s packed like nothing’s happened since 2020. Stores are packed. People don’t care if everything’s expensive, even if gas prices shoots to $25-40 a gallon, they’ll still be out and about like its the “good ol’ days”.

Harrington Richardson-Zimbucks For Everyone!
Harrington Richardson-Zimbucks For Everyone!
  bunnies
April 27, 2024 1:55 pm

Right up until somebody sticks a pin in it.

Aunt Acid
Aunt Acid

or pulls the plug…

grace country pastor
grace country pastor
April 27, 2024 2:39 pm

Had to stop at 1:30… she quotes the psalmist…

Psalm 7:8 KJB… “The LORD shall judge the people: judge me, O LORD, according to my righteousness, and according to mine integrity that is in me.“

The single most frightening prayer one might pray today. This harkens back to the old covenant law between God and Israel.

Deuteronomy 6:24-25 KJB… “And the LORD commanded us to do all these statutes, to fear the LORD our God, for our good always, that he might preserve us alive, as it is at this day. And it shall be our righteousness, if we observe to do all these commandments before the LORD our God, as he hath commanded us.“

Judge me, oh God, according to thy Sons righteousness! That’s the prayer for today.

Romans 3:26 KJB… “To declare, I say, at this time HIS righteousness: that he might be just, and the justifier of him which believeth in Jesus.“

Tim
Tim
  grace country pastor
April 27, 2024 4:09 pm

Amen!

anonymous
anonymous
  Tim
April 27, 2024 5:51 pm

Thank you. Proper perspective upon what/where/ (on) Who our daily thoughts should dwell. All this evil obfuscation could end shortly. But it will end.

Anonymous
Anonymous
April 27, 2024 8:15 pm

It seems ominous that the fellas who deliver paper fiat are named Brinks . . . don’ it?

};^D