Sweden continues to head toward its social and economic collapse:

On Thursday, in an effort to get out ahead of the ECB, the Riksbank cut again, taking the repo rates by 15bps to -0.50% in a move that Nordea calls “a bit more than expected.” QE will continue as planned and the Riksbank “will reinvest maturities and coupons from the government bond portfolio until further notice.”

Recall that at the same time Sweden has been cutting cost and borrowing money abroad in order to afford feeding and housing a record number asylum seekers.

With the world economy heading towards a worldwide depression flooding your country with tens of thousands of lifelong welfare dependents sounds like a sure recipe for success. Good luck with that!

I don't see how this trend will reverse itself anytime soon. Imagine a collapsed infrastructure and your country is full with aggressive hordes who demand gibsmedats or else they just take it. This will become very very ugly, I feel it. I don't know how many years or decades it will take, but the war will spread from there. Funny how when watching TWD, I always thought a zombie-apocalypse would be kind of exciting actually. But now that something similar might really happen, I'd much rather want to spare this continent the "excitement". At least it will wake the last dumbass up as I'm sick and tired of trying to talk sense into people.

Quote: (02-11-2016 11:32 AM)Requiem Wrote:  

I don't see how this trend will reverse itself anytime soon. Imagine a collapsed infrastructure and your country is full with aggressive hordes who demand gibsmedats or else they just take it. This will become very very ugly, I feel it. I don't know how many years or decades it will take, but the war will spread from there. Funny how when watching TWD, I always thought a zombie-apocalypse would be kind of exciting actually. But now that something similar might really happen, I'd much rather want to spare this continent the "excitement". At least it will wake the last dumbass up as I'm sick and tired of trying to talk sense into people.

Yep, it's like watching a slow motion train wreck. How anyone believes they will come out of this 'enriched' and with prospects of living a successful life is beyond me.

Coming Collaspe of America

http://www.nowtheendbegins.com/pages/USA...he-USA.htm

Quote: (02-11-2016 11:32 AM)Requiem Wrote:  

I don't see how this trend will reverse itself anytime soon. Imagine a collapsed infrastructure and your country is full with aggressive hordes who demand gibsmedats or else they just take it. This will become very very ugly, I feel it. I don't know how many years or decades it will take, but the war will spread from there. Funny how when watching TWD, I always thought a zombie-apocalypse would be kind of exciting actually. But now that something similar might really happen, I'd much rather want to spare this continent the "excitement". At least it will wake the last dumbass up as I'm sick and tired of trying to talk sense into people.

Zombies are a lot less repulsive and malicious - and probably 10-20 IQ points lower - than hordes of filthy gang rapists and assorted other invaders.

An article about some bullshit made by the neo-euroasianist Panarin. Acording to him the USA desintegrate in 6 about....almost 6 years ago. XD XD

The next step is a ban on cash. They start by banning large cash transactions, large bills, and gradually work their way down. This way the central bank & gov have total control.

Many dumbasses in America are already calling for a ban on $100 bills for 'convenience'. I hear now you can't even withdraw cash over $10,000 without your bank asking you a bunch of nosey questions even though IT'S YOUR FUCKING MONEY NOT THEIRS.

These guys are major idiots. Confiscating peoples cash for storing it in a bank will just mean that they immediately buy up assets- real estate, stocks, durable goods etc. It may produce a temporary increase in the prices of these things, but that is not good for the economy long term.

In Germany they want to ban the 500 € bill and make cash transactions over 5000 € illegal. When the financial collapse is there, nobody can get cash. The world debts are giant. And then imagine all those immigrants in Europe, mainly Germany and sweden. When they do not get any food or money. Nothing works. The whole problems from the 2008 crisis had never been solved in Europe, nor the Euro crisis. Its just a postpone. When all the banks crash the sun will still rise at the next day. And so will something rise out of the ashes. Its the last stand maybe.

Or it just get worse very slow over the next 50 years. Nobody knows.

This is just a typical democratic phenomenon. No one wants a recession on their watch, so they're content with a slow steady rot. They can't accept the fever that heals the body -- they just want to pump in anti-inflammatories so it drags out the infection indefinitely. This is another way in which kings and nobles in the state would help -- they take a longer term view and would be more willing to tolerate recessions and deflations.

Quote: (02-11-2016 04:52 PM)Disco_Volante Wrote:  

The next step is a ban on cash. They start by banning large cash transactions, large bills, and gradually work their way down. This way the central bank & gov have total control.

Many dumbasses in America are already calling for a ban on $100 bills for 'convenience'. I hear now you can't even withdraw cash over $10,000 without your bank asking you a bunch of nosey questions even though IT'S YOUR FUCKING MONEY NOT THEIRS.

We're forced to pay fees so the state-TV can feed us propaganda and the law says every debt must be allowed to be paid in cash, yet not even the government sticks to the law and they only accept bank-transactions.
It's out in the open but people just don't think. I see people at the cash register paying for a bag of chips and 3 bananas with the cash card. I don't believe the average IQ is 100 anymore. Fuck this gay earth.

Quote: (02-11-2016 09:17 PM)Phoenix Wrote:  

This is just a typical democratic phenomenon. No one wants a recession on their watch, so they're content with a slow steady rot. They can't accept the fever that heals the body -- they just want to pump in anti-inflammatories so it drags out the infection indefinitely. This is another way in which kings and nobles in the state would help -- they take a longer term view and would be more willing to tolerate recessions and deflations.

Yes, because we know that kings and nobles are all perfect little angels that always do the right thing and never take the easy way out for personal benefit

^^^
To be fair, that also applies to almost everyone. So I don't blame the elites for being selfish when almost everyone is too.

The only difference is they play the game better.

If you've been tracking the economic situation of many countries you'll see a trend occurring where even a slight increase in interest rates is now seen as some form of doomsday scenario.

Now when you take a 1.1 trillion Euro QE program which was started in 2015 and has not been mentioned since, you're seeing something malicious coming to the fore. This program is set to continue until inflation reaches 1% or higher.

So with shitty interest rates on your savings, lower salary increase, (if at all) and higher cost of living with inflation coming its hard to see how normal people will be able to service their debts, their living expenses and other outgoings without begging for more debt handouts, aka borrowing.

This goes for corporations and countries. All of this leads to a lot more money for those at the top. They're playing a long game here and will result in people succumbing to lifelong debt.

Quote: (02-11-2016 05:07 PM)Parzival Wrote:  

The world debts are giant.

In all honesty, the world's debts could be wiped out entirely with the violent executions of a rather small number of people.

Quote: (02-12-2016 12:19 AM)Fast Eddie Wrote:  

Quote: (02-11-2016 09:17 PM)Phoenix Wrote:  

This is just a typical democratic phenomenon. No one wants a recession on their watch, so they're content with a slow steady rot. They can't accept the fever that heals the body -- they just want to pump in anti-inflammatories so it drags out the infection indefinitely. This is another way in which kings and nobles in the state would help -- they take a longer term view and would be more willing to tolerate recessions and deflations.

Yes, because we know that kings and nobles are all perfect little angels that always do the right thing and never take the easy way out for personal benefit

Hence in the state, not as the state, like I wrote.

Quote: (02-12-2016 06:21 AM)porscheguy Wrote:  

Quote: (02-11-2016 05:07 PM)Parzival Wrote:  

The world debts are giant.

In all honesty, the world's debts could be wiped out entirely with the violent executions of a rather small number of people.

Not really.

A lot of government debt is held by pension and 401k funds as "stable value" products. Government debt was at one point in time considered a high grade investment product.

Wiping out government debt would devastate retirees and other folks who rely on the stable value of that debt. This is what happened in Germany back after World War 1. The government defaulted on its debt by changing the currency and refusing to pay what was owed. This devastated the population's wealth.

Personally, I don't hold any bonds as I don't see them being nearly as "safe" as Moody's and S&P make them out to be especially after 2008. The only people who will be hurt by this will be pension funds and retirees. Smart money got out a long time ago.

For years liberals in the USA pointed to the "Scandinavian Model" as the best system in the world. For anyone with an ounce of economic knowledge, you could see the Scandinavian Model was a house of cards.

It appears that house of cards is ready to crash down.

Quote: (02-11-2016 05:02 PM)n0000 Wrote:  

These guys are major idiots. Confiscating peoples cash for storing it in a bank will just mean that they immediately buy up assets- real estate, stocks, durable goods etc. It may produce a temporary increase in the prices of these things, but that is not good for the economy long term.

that is exactly what they want. they have this extra capacity (housing, stuff, tickets, shit...) that they want you to buy. so they penalize you for putting your money in the bank.

Quote: (02-12-2016 06:21 AM)porscheguy Wrote:  

Quote: (02-11-2016 05:07 PM)Parzival Wrote:  

The world debts are giant.

In all honesty, the world's debts could be wiped out entirely with the violent executions of a rather small number of people.

Actually if you do the math Debt forgiveness/renegotiation will become a priority for most countries in QE mode.

The USA has a $20 Trillion debt that the people must pay the interest on and $150 Trillion of unfunded liabilities in entitlements and gov employee pensions and healthcare to be paid from future revenue streams so even debt forgiveness of the USA's $20T debt will not make a dent in the total unfunded liabilities.

This is why in fractional reserve banking countries that overspend on gimmedats eventually go through economic convulsions and default and issue a new revalued currency on the other side.

So what to do if you are a regular guy? Find a fairly safe and prosperous neighborhood with good schools or STEM employment, buy an income property as a primary residence, deduct the home mortgage interest against your primary income - and live fairly frugally while following Nomad Capitalist investment advice investing in fast growing middle class consumer populations around the Globe as that growth is now at a standstill in the USA, EU and perhaps Canada now that China's ultra hot economy has begun to cool and crack.

Take the profits at capital gains rates and invest for your retirement in the Dividend Aristocrat funds (preferably in an overseas trading LLC/IBC or Trust account) while building up on your employers 401K benefits.

Find a good young fertile woman and train her to be loyal and game her before and after any kids and be sure she does not get the militant feminist SJW infection and take all your money, kids and stuff and leave you homeless under a bridge with a bunch of other toothless homeless men with no game.

^ You say find a safe neighborhood when shit hits the fan, in what country?

It's obvious the debt will not be paid or wiped off the books, as always the people will have to bear the burden.

In Canada, we aren't able to deduct home mortgage interest against our primary income.

I wouldn't believe all this propaganda against China, they are busy buying up resources around the world.

Quote: (02-12-2016 12:34 PM)rudebwoy Wrote:  

^ You say find a safe neighborhood when shit hits the fan, in what country?

It's obvious the debt will not be paid or wiped off the books, as always the people will have to bear the burden.

In Canada, we aren't able to deduct home mortgage interest against our primary income.

I wouldn't believe all this propaganda against China, they are busy buying up resources around the world.

If you believe things would turn to anarchy your best bet would be to invest in your own castle. Not like the ones the Brits and Euros built to defend against each other but you get the drift.

A tough building, guns, ammo and food will fair better than some regular white picket fence and Mr Nice guy homeowner.

Quote: (02-12-2016 08:06 PM)Foolsgo1d Wrote:  

Quote: (02-12-2016 12:34 PM)rudebwoy Wrote:  

^ You say find a safe neighborhood when shit hits the fan, in what country?

It's obvious the debt will not be paid or wiped off the books, as always the people will have to bear the burden.

In Canada, we aren't able to deduct home mortgage interest against our primary income.

I wouldn't believe all this propaganda against China, they are busy buying up resources around the world.

If you believe things would turn to anarchy your best bet would be to invest in your own castle. Not like the ones the Brits and Euros built to defend against each other but you get the drift.

A tough building, guns, ammo and food will fair better than some regular white picket fence and Mr Nice guy homeowner.

I've been mulling over my long term gameplan and have considered the possibility of global default and or societal collapse, but ultimately decided to ignore this possibility. Frankly, it may or may not happen, but actively adjusting your lifestyle and career plans in anticipation of complete collapse is folly.

The opportunity cost is just not worth it. A strategy that is optimal for preparing yourself for collapse is extremely sub-optimal for maximizing your ROI in a world where the collapse doesn't happen. Against this real loss of ROI, you gain very dubious benefits in the event the collapse actually occurs. If we get complete anarchy, the variables are infinite and the progression of events completely unknowable. In such an environment, whatever puny preparations you've made to withstand the maelstrom will likely be blown away like a house of cards.

So yeah, I'd definitely buy weapons and ammo and learn how to use them, stockpile basic supplies, and try to form networks with other men in my area and the world at large, but these are things I'd do even if I was sure no collapse was on the horizon. What I wouldn't do is make real sacrifices in my long term career development and lifestyle because those would represent very real sacrifices for very marginal (and hypothetical) benefits if the collapse occurs.

Quote: (02-12-2016 08:06 PM)Foolsgo1d Wrote:  

Quote: (02-12-2016 12:34 PM)rudebwoy Wrote:  

^ You say find a safe neighborhood when shit hits the fan, in what country?

It's obvious the debt will not be paid or wiped off the books, as always the people will have to bear the burden.

In Canada, we aren't able to deduct home mortgage interest against our primary income.

I wouldn't believe all this propaganda against China, they are busy buying up resources around the world.

If you believe things would turn to anarchy your best bet would be to invest in your own castle. Not like the ones the Brits and Euros built to defend against each other but you get the drift.

A tough building, guns, ammo and food will fair better than some regular white picket fence and Mr Nice guy homeowner.

So you really think with guns, ammo and food you will survive!

When that day comes and hopefully it never comes, you will have no way of protecting yourself.

This was in the news yesterday.

http://www.usatoday.com/story/money/2016.../80224866/

A few more.

https://www.armstrongeconomics.com/uncat...ks-or-you/

http://www.nytimes.com/2016/02/13/upshot....html?_r=0

http://www.infowars.com/economist-u-s-ba...-deposits/