Message from @Fredrickbismark

Discord ID: 472952158631886878


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.

2018-07-29 02:23:02 UTC  

this probably couldn't happen today

2018-07-29 02:23:47 UTC  

they would have ran him off before he started

2018-07-29 02:24:02 UTC  

or he would have been punched

2018-07-29 02:24:27 UTC  

Imagine how fucking loony urban centers will become if an actual depression hit that caused the government to cut entitlement.

2018-07-29 02:25:04 UTC  

oof

2018-07-29 02:25:13 UTC  

We aren't going to be able to cut entitlements

2018-07-29 02:25:17 UTC  

Anytime soon

2018-07-29 02:25:31 UTC  

i imagine the suburbs would get hit pretty hard

2018-07-29 02:25:56 UTC  

Anyone super attached to financial markets.

2018-07-29 02:25:59 UTC  

all the ghetto people would go try robbing the richer neighborhoods

2018-07-29 02:26:35 UTC  

Maybe shadowrun isn't that far off <:think_hang:378717098903470080>

2018-07-29 02:27:01 UTC  

Then the upper middle class will all be for the 2nd amendment

2018-07-29 02:27:25 UTC  

yeah

2018-07-29 02:27:54 UTC  

Starbucks would hire security to protect all the white leftists

2018-07-29 02:28:10 UTC  

One of the first things I'ma do when I graduate and get a job is getting a handgun.

2018-07-29 02:28:13 UTC  

*puts on foil hat* Government is trying to take firearms because they know the crash it coming.

2018-07-29 02:28:31 UTC  

they always want to take guns

2018-07-29 02:28:45 UTC  

they dont need a special reason

2018-07-29 02:29:05 UTC  

she let me conpiritate