jimmydasaint 176 Posted April 8 Share Posted April 8 I am not an economist or politician. However, I am hearing rumours of a world economic crash, possibly in the next year, that will rival the 1929 economic disaster. https://www.youtube.com/watch?v=kBpL2WwGiw4 Harry Dent: Stock Market 40% Crash in April, Nothing Can Save You, Bitcoin to Zero, Gold to $1000 - YouTube We, the public, should be able to analyse and assess how economic changes can influence all aspects of life including political manifestations as well as sociogeopolitical responses by a concerned public (e.g. me) Do others see stability, limited instability or widespread instability? Link to post Share on other sites
dimreepr 1098 Posted April 8 Share Posted April 8 23 minutes ago, jimmydasaint said: I am not an economist or politician. However, I am hearing rumours of a world economic crash, possibly in the next year, that will rival the 1929 economic disaster. https://www.youtube.com/watch?v=kBpL2WwGiw4 Harry Dent: Stock Market 40% Crash in April, Nothing Can Save You, Bitcoin to Zero, Gold to $1000 - YouTube We, the public, should be able to analyse and assess how economic changes can influence all aspects of life including political manifestations as well as sociogeopolitical responses by a concerned public (e.g. me) Do others see stability, limited instability or widespread instability? How would you prepare for such an event? Link to post Share on other sites
John Cuthber 3848 Posted April 8 Share Posted April 8 4 minutes ago, dimreepr said: How would you prepare for such an event? Panic buy toilet paper. 1 Link to post Share on other sites
StringJunky 2322 Posted April 8 Share Posted April 8 24 minutes ago, John Cuthber said: Panic buy toilet paper. Top priority in crises: clean bottoms. Link to post Share on other sites
jimmydasaint 176 Posted April 8 Author Share Posted April 8 (edited) I would prepare for any instability to society or the food supply by: a) accumulating dried foods that could last for 6 months b) buying solar lamps that could give up to 10 hours of light after being charged by sunlight c) buying batteries and torches that can be charged by induction d) buying toilet paper - a clean bottom is a prerequisite to face any social disorder (also clean underwear in case you are asked to undress at the doctors ) Edited April 8 by jimmydasaint Typing ballsups Link to post Share on other sites
dimreepr 1098 Posted April 8 Share Posted April 8 Am I the only one who's wiped his arse with a dockleaf? 1 Link to post Share on other sites
Curious layman 130 Posted April 8 Share Posted April 8 30 minutes ago, dimreepr said: Am I the only one who's wiped his arse with a dockleaf? Nope. 🙂 Link to post Share on other sites
Phi for All 5935 Posted April 8 Share Posted April 8 50 minutes ago, dimreepr said: Am I the only one who's wiped his arse with a dockleaf? 19 minutes ago, Curious layman said: Nope. 🙂 A marketable skill for sure in the looming post-crash economy. 4 Link to post Share on other sites
dimreepr 1098 Posted April 8 Share Posted April 8 7 minutes ago, Phi for All said: A marketable skill for sure in the looming post-crash economy. LOL + another one... Link to post Share on other sites
exchemist 50 Posted April 8 Share Posted April 8 3 hours ago, jimmydasaint said: I am not an economist or politician. However, I am hearing rumours of a world economic crash, possibly in the next year, that will rival the 1929 economic disaster. https://www.youtube.com/watch?v=kBpL2WwGiw4 Harry Dent: Stock Market 40% Crash in April, Nothing Can Save You, Bitcoin to Zero, Gold to $1000 - YouTube We, the public, should be able to analyse and assess how economic changes can influence all aspects of life including political manifestations as well as sociogeopolitical responses by a concerned public (e.g. me) Do others see stability, limited instability or widespread instability? Haven't we just had an economic crash, bigger than anything in the last 300 years? That seems to be what the papers have been telling us. Link to post Share on other sites
iNow 5992 Posted April 8 Share Posted April 8 4 hours ago, jimmydasaint said: I am hearing rumours of a world economic crash, possibly in the next year, that will rival the 1929 economic disaster. Economists have successfully predicted 10 of the last 4 market crashes 3 Link to post Share on other sites
studiot 2227 Posted April 8 Share Posted April 8 1 hour ago, iNow said: Economists have successfully predicted 10 of the last 4 market crashes +1 Link to post Share on other sites
Area54 390 Posted April 8 Share Posted April 8 7 hours ago, jimmydasaint said: Do others see stability, limited instability or widespread instability? Yes. Very definitely. And they may continue for some time. 1 Link to post Share on other sites
iNow 5992 Posted April 8 Share Posted April 8 Much of the instability is already priced into the market anyway. The traders tend to make money on both the upside and the downside and it’s only massive unanticipated system shocks that cause huge crashes. 1 Link to post Share on other sites
StringJunky 2322 Posted April 8 Share Posted April 8 This is in today's AP news: Quote Grim view of global future offered in intelligence report WASHINGTON (AP) — U.S. intelligence officials are painting a dark picture of the world’s future, writing in a report released Thursday that the coronavirus pandemic has deepened economic inequality, strained government resources and fanned nationalist sentiments. Those assessments are included in a Global Trends report by the government’s National Intelligence Council. The reports, produced every four years, are designed to help policymakers and citizens anticipate the economic, environmental, technological and demographic forces likely to shape the world through the next 20 years. https://apnews.com/article/technology-environment-us-news-coronavirus-pandemic-health-cbcafe70b4724a7605d56d40fa294027 2 Link to post Share on other sites
StringJunky 2322 Posted April 8 Share Posted April 8 Here's the Global Trends website for the report: https://www.dni.gov/index.php/gt2040-home/introduction 1 Link to post Share on other sites
MigL 1570 Posted April 9 Share Posted April 9 11 hours ago, jimmydasaint said: buying batteries and torches that can be charged by induction It's a recession, not The Omega Man or Soylent Green ( I liked Charlton Heston before he became involved with the NRA ). And there won't be any zombies either ... 1 Link to post Share on other sites
iNow 5992 Posted April 9 Share Posted April 9 1 minute ago, MigL said: It's a recession, not The Omega Man or Soylent Green ( I liked Charlton Heston before he became involved with the NRA ). And there won't be any zombies either ... Those are both solid films that I enjoyed a lot. Most locals here seem to have been stocking up on ammo and tools allow self reload of shells... militias seem to be more common than I’d like. Link to post Share on other sites
J.C.MacSwell 449 Posted April 9 Share Posted April 9 1 hour ago, MigL said: It's a recession, not The Omega Man or Soylent Green ( I liked Charlton Heston before he became involved with the NRA ). And there won't be any zombies either ... It's people!...damn dirty apes with cold dead hands are people! Link to post Share on other sites
iNow 5992 Posted April 9 Share Posted April 9 (edited) 4 hours ago, StringJunky said: Here's the Global Trends website for the report Interesting link with useful info, but for me misses the point of the thread a bit. They (once using the menu to find the Economy section) speak of growing national debts and borrowing at low interest rates and inequality and migration crises worsened by climate change, and all of those issues are very real and very important, but they’re also very 10-30 years away. In terms of prepping now for impending doom, the economy this year and next year depends almost entirely on our ability to get the whole planet vaccinated from covid. If we can’t overcome evangelical and white male Republican opposition to vaccines in the US, and if we can’t get vaccines to the over 50 countries who still haven’t delivered even a single jab, or to areas like Brazil who have leaders still brazenly calling the pandemic a hoax perpetrated by liberal media elites and “the Jews,” then THAT is what will cause the economy to tank in the next 3-6 quarters (and that disinformation is being actively fed into us via state actors). Edited April 9 by iNow Link to post Share on other sites
John Cuthber 3848 Posted April 9 Share Posted April 9 18 hours ago, dimreepr said: Am I the only one who's wiped his arse with a dockleaf? Real men use nettles. Link to post Share on other sites
geordief 109 Posted April 9 Share Posted April 9 48 minutes ago, John Cuthber said: Real men use nettles. Real men don't need artificial stimuli. Link to post Share on other sites
dimreepr 1098 Posted April 9 Share Posted April 9 3 hours ago, John Cuthber said: Real men use nettles. And then, very quickly, seek out a dockleaf. 😉 1 Link to post Share on other sites
Phi for All 5935 Posted April 9 Share Posted April 9 7 hours ago, John Cuthber said: Real men use nettles. I think you're full of quiche. Link to post Share on other sites
MigL 1570 Posted April 9 Share Posted April 9 Leaves ? What are you guys ... farmers ? Just use your underwear, and go 'commando' the rest of the day. Link to post Share on other sites
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