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The Great Depression
#8366705
08/28/21 03:36 PM
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Joined: Jul 2009
Posts: 9,763
Tin Head
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Jul 2009
Posts: 9,763 |
The last great reset when bankers crashed the market to corner it again (consolidate power). We are about 8 years away from a 100 year anniversary. Wash , rinse , repeat. Just saying The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929,
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Re: The Great Depression
[Re: Tin Head]
#8366724
08/28/21 04:08 PM
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Joined: Jan 2011
Posts: 21,373
Bullfrog
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 21,373 |
You see it lasting 8 years from now? I swear it’s right around the corner.
Man if I knew what Oxner knows I could throw away what I know
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Re: The Great Depression
[Re: Tin Head]
#8366729
08/28/21 04:11 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Another doomsday thread. Head lighting deer and picking up scrap iron.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: The Great Depression
[Re: Tin Head]
#8366745
08/28/21 04:43 PM
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Joined: Feb 2007
Posts: 26,557
JCB
THF Celebrity
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THF Celebrity
Joined: Feb 2007
Posts: 26,557 |
Buy Bitcoin!!!!
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Re: The Great Depression
[Re: Tin Head]
#8366750
08/28/21 04:47 PM
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Joined: Mar 2019
Posts: 950
GNTX
Tracker
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Tracker
Joined: Mar 2019
Posts: 950 |
Won’t crash again as easily as there are actual circuit breakers that will trip to prevent a catastrophic runaway crash. Market may sell off over time, but it has always come back.
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Re: The Great Depression
[Re: Tin Head]
#8366774
08/28/21 05:23 PM
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Joined: Sep 2009
Posts: 2,919
maximum
Veteran Tracker
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Veteran Tracker
Joined: Sep 2009
Posts: 2,919 |
The larger majority of people today won't be able to go through a real depression like my folks went through as children. Can you imagine 21st century people only having one set of clothing and one pair of shoes, and only having a supply of food that you put up yourselves. Either that or doing without completely? Having to wake up and go do hard working chores before time to go to school, then getting right back to doing those chores after getting back from school and working until dark? Having a supper of greens or one vegetable a majority of the time, if you had supper at all? What if you could carry everything you owned in your hands in a small bundle?
It'd be too much for 21st century people to cope with
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Re: The Great Depression
[Re: Tin Head]
#8366791
08/28/21 05:33 PM
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Joined: Jun 2015
Posts: 5,183
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,183 |
Plant your victory gardens now. I'm growing cucumbers, peppers and spinach. Maybe I'll grow some radishes this fall.
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Re: The Great Depression
[Re: GNTX]
#8366796
08/28/21 05:40 PM
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Joined: Apr 2007
Posts: 60,619
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 60,619 |
Won’t crash again as easily as there are actual circuit breakers that will trip to prevent a catastrophic runaway crash. Market may sell off over time, but it has always come back. Yes and consumer confidence is still high, so high it’s pushing a ton of inflation but not the less high. A lot of companies making record profits. I looks at contingent work force companies first. They are first to explode and first to plummet based off the true economy
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Re: The Great Depression
[Re: maximum]
#8366805
08/28/21 05:53 PM
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Joined: Feb 2007
Posts: 26,557
JCB
THF Celebrity
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Joined: Feb 2007
Posts: 26,557 |
The larger majority of people today won't be able to go through a real depression like my folks went through as children. Can you imagine 21st century people only having one set of clothing and one pair of shoes, and only having a supply of food that you put up yourselves. Either that or doing without completely? Having to wake up and go do hard working chores before time to go to school, then getting right back to doing those chores after getting back from school and working until dark? Having a supper of greens or one vegetable a majority of the time, if you had supper at all? What if you could carry everything you owned in your hands in a small bundle?
It'd be too much for 21st century people to cope with Not all depressions are going to look the same. I promise you our next depression will look NOTHING like what you described.
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Re: The Great Depression
[Re: Tin Head]
#8366811
08/28/21 05:55 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
The big question is would that make your cash with more or less?
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: The Great Depression
[Re: Tin Head]
#8366826
08/28/21 06:12 PM
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Joined: Jun 2015
Posts: 5,183
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,183 |
No-one who truly understands what the Federal Reserve is and how our banking and monetary system is constructed, would have anything but extreme concern for what is coming shortly.
Our Ponzi scheme debt based monetary system is collapsing. It's collapsing all over the world. The dollar is just the prettiest mare at the slaughter house for now. No one is getting out what is coming unscathed.
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Re: The Great Depression
[Re: scottfromdallas]
#8366892
08/28/21 07:48 PM
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Joined: Jul 2009
Posts: 9,763
Tin Head
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Jul 2009
Posts: 9,763 |
No-one who truly understands what the Federal Reserve is and how our banking and monetary system is constructed, would have anything but extreme concern for what is coming shortly.
Our Ponzi scheme debt based monetary system is collapsing. It's collapsing all over the world. The dollar is just the prettiest mare at the slaughter house for now. No one is getting out what is coming unscathed.
the economy was design to collapse, so no one else catches up. They created it to collapse on the creators time line.
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Re: The Great Depression
[Re: scottfromdallas]
#8366894
08/28/21 07:54 PM
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Joined: Sep 2004
Posts: 10,868
DannyB
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 10,868 |
No-one who truly understands what the Federal Reserve is and how our banking and monetary system is constructed, would have anything but extreme concern for what is coming shortly.
Our Ponzi scheme debt based monetary system is collapsing. It's collapsing all over the world. The dollar is just the prettiest mare at the slaughter house for now. No one is getting out what is coming unscathed.
Yep, and the stock market is all anybody wants to talk about. The world runs on credit. Credit is extended heavily right now, from mortgages, to student debt, to credit cards, to low grade credit on autos, to, to, to, ..... Margin debt is at all time highs for the stock market discussion. And one of the financial channels most overlooked issues is commercial debt. There is a lot of vacant commercial property. Check this out. There are zombie malls all over across the country that get talked about. However, up and running malls are in deep ****. https://wolfstreet.com/2021/08/25/m...f-four-live-malls-collapsed-this-summer/
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Re: The Great Depression
[Re: Tin Head]
#8366899
08/28/21 08:00 PM
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Joined: Jan 2011
Posts: 21,373
Bullfrog
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 21,373 |
They’re moving product, just not from brick and mortar stores. It’s all online now
Man if I knew what Oxner knows I could throw away what I know
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Re: The Great Depression
[Re: GNTX]
#8366903
08/28/21 08:04 PM
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Joined: Jul 2009
Posts: 9,763
Tin Head
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Jul 2009
Posts: 9,763 |
Won’t crash again as easily as there are actual circuit breakers that will trip to prevent a catastrophic runaway crash. Market may sell off over time, but it has always come back. what happens when all the world leaders (in the same club) pull the plug at the same time?
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Re: The Great Depression
[Re: JCB]
#8366915
08/28/21 08:11 PM
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Joined: Jan 2013
Posts: 960
Gary Olson
Tracker
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Tracker
Joined: Jan 2013
Posts: 960 |
Not all depressions are going to look the same. I promise you our next depression will look NOTHING like what you described.
Previous Great Depression had country people moving to the city for factory work. No factories left in the cities this time. The recent test scenario had city people moving to the country. Many of them are moving back to the city. Some yit brain out here was complaining about gravel roads and why can't the county seal/pave her road with everyone else's tax dollars.
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Re: The Great Depression
[Re: DannyB]
#8366928
08/28/21 08:33 PM
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Joined: Aug 2005
Posts: 20,964
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 20,964 |
No-one who truly understands what the Federal Reserve is and how our banking and monetary system is constructed, would have anything but extreme concern for what is coming shortly.
Our Ponzi scheme debt based monetary system is collapsing. It's collapsing all over the world. The dollar is just the prettiest mare at the slaughter house for now. No one is getting out what is coming unscathed.
Yep, and the stock market is all anybody wants to talk about. The world runs on credit. Credit is extended heavily right now, from mortgages, to student debt, to credit cards, to low grade credit on autos, to, to, to, ..... Margin debt is at all time highs for the stock market discussion. And one of the financial channels most overlooked issues is commercial debt. There is a lot of vacant commercial property. Check this out. There are zombie malls all over across the country that get talked about. However, up and running malls are in deep ****. https://wolfstreet.com/2021/08/25/m...f-four-live-malls-collapsed-this-summer/That is caused by technology and culture change. E commerce is killing the malls. Nothing more.
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Re: The Great Depression
[Re: Tin Head]
#8366976
08/28/21 09:26 PM
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Joined: Jan 2007
Posts: 15,556
reeltexan
THF Celebrity
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THF Celebrity
Joined: Jan 2007
Posts: 15,556 |
Agreed. I don’t know how most brick / mortar stores survive. No inventory, they’re out constantly. No workers, can’t find anyone most of the time. The overhead is stifling.
Online purchases will be their Waterloo
"If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan
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Re: The Great Depression
[Re: reeltexan]
#8367022
08/28/21 10:06 PM
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Joined: Aug 2005
Posts: 20,964
Sniper John
gumshoe
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gumshoe
Joined: Aug 2005
Posts: 20,964 |
Agreed. I don’t know how most brick / mortar stores survive. No inventory, they’re out constantly. No workers, can’t find anyone most of the time. The overhead is stifling.
Online purchases will be their Waterloo
The only time I can remember walking into a mall in the last 10 years was in Costa Rica and the made in Costa Rica item I bought there I later found I could have bought online when I got home and for less. I can't remember the last time I walked into a Cabelas or Bass Pro. All my hunting gear and ammo is bought online. Even before Covid we bought 90% of our groceries online. Replaced some appliances recently. All bought online shipped free to my door. And so on.
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Re: The Great Depression
[Re: Tin Head]
#8367045
08/28/21 10:18 PM
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Joined: Jun 2015
Posts: 5,183
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,183 |
Maybe this is a bad time to mention that your money in the banks are actually an unsecured loan to them. If they go insolvent, the can seize your deposits and it's considered a bad loan. IYou should have chose your bank better. it's called "bail in". It's part of that great "Dodd Frank" omnibus financial bill that came out of the last financial crises that was written by bankers.
I know it's FDIC insured but they have about 1% of what they need to insure all deposits.
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Re: The Great Depression
[Re: Tin Head]
#8367068
08/28/21 10:37 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I do not believe it will happen but you can spread it around they will insure $250,000 in each bank https://www.fdic.gov/resources/deposit-insurance/faq
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: The Great Depression
[Re: Tin Head]
#8367110
08/28/21 11:25 PM
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Joined: Jun 2015
Posts: 5,183
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,183 |
I keep my money in my underground bunker.
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Re: The Great Depression
[Re: scottfromdallas]
#8367148
08/28/21 11:56 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I keep my money in my underground bunker. The first liar never has a chance.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: The Great Depression
[Re: bill oxner]
#8367204
08/29/21 12:38 AM
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Joined: Nov 2009
Posts: 69,332
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 69,332 |
I keep my money in my underground bunker. The first liar never has a chance. I keep all mine in a storage unit
(R-TX) .-- " TCNN CURL CRLB VFF VRNO AYR SNDL CGC TLRY MSOS "
_=====___=________==-
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Re: The Great Depression
[Re: Tin Head]
#8367264
08/29/21 01:28 AM
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Joined: May 2006
Posts: 31,058
HWY_MAN
THF Celebrity
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Joined: May 2006
Posts: 31,058 |
My parents were about 8-9 years old when all hell broke lose in 29.
Yes! A Weatherby does kill them deader.
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