Message from @Fredrickbismark
Discord ID: 472952158631886878
That was interesting
Dang, that didn't have the full run-down in it
I'm sure this worldview is informed with many facts
They bread like cockroaches after all *eyes Japanese birthrates*
nah, this sounds about right
This rant was prompted by an all Asian esports team.
lol
what sub was it on? @radeon
@Fredrickbismark
@ 2:17:00 is where he explains the domino effect
https://youtu.be/3u7kDfEtKfs?t=8220
based
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
@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.
Was Schiff the same dude to predicted the 2008 crisis?
idk, but he did a video where he talked to occupy wall street people, which was pretty good iirc
yeah he said he predicted it @Fredrickbismark
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.
man, watching this video reminds me of a time when people weren't completely nuts
this probably couldn't happen today
they would have ran him off before he started
or he would have been punched
Imagine how fucking loony urban centers will become if an actual depression hit that caused the government to cut entitlement.
oof
We aren't going to be able to cut entitlements
Anytime soon
i imagine the suburbs would get hit pretty hard
Anyone super attached to financial markets.
all the ghetto people would go try robbing the richer neighborhoods
Maybe shadowrun isn't that far off <:think_hang:378717098903470080>
Then the upper middle class will all be for the 2nd amendment
yeah
Starbucks would hire security to protect all the white leftists
One of the first things I'ma do when I graduate and get a job is getting a handgun.
*puts on foil hat* Government is trying to take firearms because they know the crash it coming.
they always want to take guns
they dont need a special reason
she let me conpiritate