Message from @Shurik

Discord ID: 472945547628511233


2018-07-29 01:44:05 UTC  

That's probably the o ly way we can speed it up

2018-07-29 01:44:13 UTC  

Unless the recession hits next year, and it's all blamed on Trumps tariffs

2018-07-29 01:44:18 UTC  

^

2018-07-29 01:44:24 UTC  

And it would make sense

2018-07-29 01:44:34 UTC  

Depression will come out of the chinese housing bubble collapse.

2018-07-29 01:44:49 UTC  

@Fredrickbismark There's a much bigger bubble, dude

2018-07-29 01:44:51 UTC  

I am not looking forward to that one.

2018-07-29 01:45:14 UTC  

Student loan bubble?

2018-07-29 01:45:26 UTC  

That'll fuck so many people over

2018-07-29 01:45:28 UTC  

US bonds

2018-07-29 01:45:48 UTC  

Assuming we don't balance the budget in the next few years

2018-07-29 01:45:54 UTC  

HA

2018-07-29 01:45:56 UTC  

Which we wont

2018-07-29 01:46:06 UTC  

A man can dream

2018-07-29 01:46:10 UTC  

A man can dream

2018-07-29 01:46:29 UTC  

Once it collapses all the rural an caps can come out and rule the world tho.

2018-07-29 01:46:56 UTC  

They are as bad as the socialists

2018-07-29 01:47:09 UTC  

Trying to justify there own Utopia

2018-07-29 01:47:31 UTC  

much sovreign citizen

2018-07-29 01:47:42 UTC  

VERY good run-down on the economy...

https://www.youtube.com/watch?v=jYbIXFBxHC0

2018-07-29 01:56:45 UTC  

That was interesting

2018-07-29 01:59:39 UTC  

Dang, that didn't have the full run-down in it

2018-07-29 01:59:59 UTC  

Peak intellectualism

https://cdn.discordapp.com/attachments/372507611284766722/472946360153538560/Screenshot_20180728-215928.jpg

2018-07-29 02:00:12 UTC  

I'm sure this worldview is informed with many facts

2018-07-29 02:00:58 UTC  

They bread like cockroaches after all *eyes Japanese birthrates*

2018-07-29 02:01:04 UTC  

nah, this sounds about right

2018-07-29 02:01:47 UTC  

This rant was prompted by an all Asian esports team.

2018-07-29 02:01:55 UTC  

lol

2018-07-29 02:02:11 UTC  

what sub was it on? @radeon

2018-07-29 02:04:18 UTC  

@Fredrickbismark
@ 2:17:00 is where he explains the domino effect
https://youtu.be/3u7kDfEtKfs?t=8220

2018-07-29 02:04:18 UTC  

https://cdn.discordapp.com/attachments/372507611284766722/472947449464487936/ZxL7SjZ6oC3SJqXdrWpCYWldl9ssdtx8AI7ukoDZx-0.png

2018-07-29 02:05:49 UTC  

based

2018-07-29 02:06:33 UTC  

TL;DW Interest rates are too low to cover the costs of our own rate of debt, which is going to lower our International credit rating, leading to the US bonds being de-listed as a de-facto standard, exacerbating the problem

2018-07-29 02:10:41 UTC  

@Fitzydog Oh ok I agree that what Schiff says is on the horizon but that a bubble will cause it. Personally I'm not terribly concerned because I'm trained in a trade skill and stem degree. I also don't have too many financial investments. But yeah a lot of people are going to suffer and socialists are going to take advantage of it, further throwing fire onto the problem.

2018-07-29 02:12:23 UTC  

Was Schiff the same dude to predicted the 2008 crisis?

2018-07-29 02:15:10 UTC  

idk, but he did a video where he talked to occupy wall street people, which was pretty good iirc

2018-07-29 02:18:54 UTC  

yeah he said he predicted it @Fredrickbismark

2018-07-29 02:20:47 UTC  

His prediction is so frightening to me that i instinctually want to say he's wrong. But I can't find fault in his logic.

2018-07-29 02:22:42 UTC  

man, watching this video reminds me of a time when people weren't completely nuts

2018-07-29 02:23:01 UTC  

Yeah 2011-12 seems like a simpler time.