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#21
(11-07-2019, 12:45 PM)Lobster Boy Wrote: https://news.yahoo.com/global-debt-surge...25892.html

^^^"Global Debt" surges to $188 TRILLION (and that's not counting derivatives.

Oh, well. I guess it's time to buy another roll of BU Kennedy halves!

I can't wrap my mind around that much money... That is ... WOW.

Think for yourself

...tell the person next to you ..You Love Them.
Knock and the door will be opened.
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#22
In the last two weeks I have been hearing/reading story after story of the dollar collapsing. I need to get a focus on things. Prior to 2008, I had moved most of my high risk into more secure investments. 2008-09 felt like the good times were rolling in our household and we weathered it all on the up-side. Right now I have been focusing on landing secure contracts at work, lessening exposure to whatever may happen.

Ray Dalio just published an essay this week. Ray Dalio is the founder of "the worlds largest hedge-fund". When Ray speaks, people listen.
The World Has Gone Mad and the System Is Broken

Quote:I say these things because:

Money is free for those who are creditworthy because the investors who are giving it to them are willing to get back less than they give. More specifically investors lending to those who are creditworthy will accept very low or negative interest rates and won’t require having their principal paid back for the foreseeable future. They are doing this because they have an enormous amount of money to invest that has been, and continues to be, pushed on them by central banks that are buying financial assets in their futile attempts to push economic activity and inflation up. The reason that this money that is being pushed on investors isn’t pushing growth and inflation much higher is that the investors who are getting it want to invest it rather than spend it. This dynamic is creating a “pushing on a string” dynamic that has happened many times before in history (though not in our lifetimes) and was thoroughly explained in my book Principles for Navigating Big Debt Crises. As a result of this dynamic, the prices of financial assets have gone way up and the future expected returns have gone way down while economic growth and inflation remain sluggish.
rest of the essay here: https://www.linkedin.com/pulse/world-has...ray-dalio/
Frigg, Librarian, Lobster Boy  likes this!
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#23
(11-07-2019, 12:53 PM)Lobster Boy Wrote:
(11-07-2019, 10:32 AM)Frigg Wrote:
(11-07-2019, 10:19 AM)St. Blue Dude Wrote: Ya got to learn to sell it.   A 50 minute long video with no introduction or explanation?   Highlight the important take-aways, assign a few minute markers to help people find the critical info, and provide some insight on how you assess the relevance of the video  to the audience.

Your Grade: B-

THANK YOU!!!

It just looks LAZY as fuck... If you are too lazy to sell it... People instinctively ignore it.

They resent you for it. No joke.

Not fair but what is?

I merely am trying to whet the curious nature of the news viewer to click on thread. If I was earning some type of profit out of them clicking on said link, I certainly would try to sell what I was posting.

But, I do not.

Point missed... Nevermind.

Carry on.

Think for yourself

...tell the person next to you ..You Love Them.
Knock and the door will be opened.
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#24
(11-07-2019, 12:55 PM)Frigg Wrote:
(11-07-2019, 12:45 PM)Lobster Boy Wrote: https://news.yahoo.com/global-debt-surge...25892.html

^^^"Global Debt" surges to $188 TRILLION (and that's not counting derivatives.

Oh, well. I guess it's time to buy another roll of BU Kennedy halves!

I can't wrap my mind around that much money... That is ... WOW.

You can´t spend it in a single life time. I`ll be happy with just 1% and retire ASAP.
Many things happen in life that teach you to become stronger, wiser, gentler. Life is a good teacher.
Frigg  likes this!
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#25
(11-07-2019, 12:56 PM)Ironhide Wrote:
(11-07-2019, 12:55 PM)Frigg Wrote:
(11-07-2019, 12:45 PM)Lobster Boy Wrote: https://news.yahoo.com/global-debt-surge...25892.html

^^^"Global Debt" surges to $188 TRILLION (and that's not counting derivatives.

Oh, well. I guess it's time to buy another roll of BU Kennedy halves!

I can't wrap my mind around that much money... That is ... WOW.

You can´t spend it in a single life time. I`ll be happy with just 1% and retire ASAP.

You and me both, brother. And you can bet it would be some island with a temperate climate as I am damn tired of having my ass half froze off, shoveling freaking snow (like I did last night) or slipping on the ice, falling on my ass a jamming two frigging fingers on my right hand into the frozen ground and busting the hell out of them (like has happened before). You are almost guaranteed one spill onto the frozen ground (and sometimes more) during a Winter and the older you get, the tougher it gets to get back up.
"Most likely, I'll be a dick today somewhere or somehow"
Frigg, Librarian  likes this!
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#26
Watch Singles day in China. November 11 is Singles Day in China which is the largest shopping day in the world. Sales figures will be telling in my opinion.

Quote:largest e-commerce day in the world, China’s November 11, also known as Singles Day. This shopping festival regularly beats the sales volume of Black Friday or Cyber Monday in the U.S. as well as any other global e-commerce event.

Headline and bulletins for last years:
Alibaba sets new Singles Day record with more than $30.8 billion in sales in 24 hours
Published Sun, Nov 11 20184:39 AM EST
Updated Tue, Dec 4 20188:22 PM EST

Key Points

Alibaba smashed through its Singles Day sales record on Sunday.
The gross merchandise value (GMV) hit over $30.8 billion in sales in the 24-hour shopping event.
That topped the $25.3 billion record set in 2017.
Singles Day got off to a strong start with sales hitting $1 billion in one minute and 25 seconds.
Frigg, Librarian  likes this!
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#27
(11-07-2019, 12:52 PM)Ironhide Wrote: I had a dream the other night that dow jones crashed over 10.000+ points in a single day. It was like my dream was a time machine. I felt I was actually there. It was all over the news and people started panicking. Experts are warning of a recession coming soon.
If you analize the cover of the economist magazine for 2019 edition 33rd and know who owns that magazine and how many times they have correclty predicted future events on their cover, you should be really concerned about what they predicted for this year and we have only two months left.

[Image: 1A0CLpV.jpg]

Think for yourself

...tell the person next to you ..You Love Them.
Knock and the door will be opened.
Librarian, Lily  likes this!
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#28
http://www.alt-market.com/index.php/arti...al-numbers

^^^Here's some more stuff and here's a snippet

When I encounter people who actually believe the manipulated numbers or buy into the stock market farce or simply don’t want to accept that a crash could happen in their lifetime, I always ask them to consider these questions: If the global economy is not on the verge of collapse, then why did central banks keep propping it up for the past ten years? And if central banks have been propping up the system, how much longer do you think they can do this? How much longer do you think they want to do it? What if one day they decide to let the entire house of cards tumble? What if such an event actually benefits them?

We’ve seen that a broken economy can be technically held together for a decade, but under the surface, the structure continues to rot. The bottom line is that even if the elites wanted to keep the system going for another ten years, and even if politicians continued to help them by pumping out false statistics, there is no way to hide the effects of crumbling fundamentals. We saw this during the crash of 2008, and now we’re seeing it again.

After nearly ten years of stimulus inflated the largest financial bubble in history (the Everything Bubble), the Federal Reserve and other central banks halted stimulus measures and tightened global liquidity. By the end of 2018, a new crash began, the implosion of the Everything Bubble had been triggered. All of this is still just an extension of the crash of 2008, which never really subsided; it was only slowed down through tens of trillions of dollars in central bank intervention. Now, the central banks have started an avalanche that cannot be stopped. But the fact of the matter is, they don’t really want to stop it.
"Most likely, I'll be a dick today somewhere or somehow"
Frigg, Librarian, Lily  likes this!
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#29
(11-07-2019, 12:45 PM)Lobster Boy Wrote: https://news.yahoo.com/global-debt-surge...25892.html

^^^"Global Debt" surges to $188 TRILLION (and that's not counting derivatives.

Oh, well. I guess it's time to buy another roll of BU Kennedy halves!

Don't get your knickers knotted. That is all fake made up shit anyhow. It can change in an instant, because someone says so.
Bullshit.
What is really important ....is not that.

World still turns.
Crops still grow.

Make good plans.
Heartflowers
BadBrad, Frigg  likes this!
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#30
(11-07-2019, 09:29 PM)PickleSnout Wrote:
(11-07-2019, 12:45 PM)Lobster Boy Wrote: https://news.yahoo.com/global-debt-surge...25892.html

^^^"Global Debt" surges to $188 TRILLION (and that's not counting derivatives.

Oh, well. I guess it's time to buy another roll of BU Kennedy halves!

Don't get your knickers knotted. That is all fake made up shit anyhow. It can change in an instant, because someone says so.
Bullshit.
What is really important ....is not that.

World still turns.
Crops still grow.

Make good plans.

Bought 13 Messycan silver Libertad coins this morning because...well..I just wanted to.

Will buy 12 more in the next two weeks so I have a full roll....Because...I like those coins.

When my heirs paw through the junk I left behind they will say WTF IS THAT GUY DOING AND I'M SURE GLAD HE DID and me in ghost form will just laff and laff and we will all have a good time.
"Most likely, I'll be a dick today somewhere or somehow"
Lily, PickleSnout  likes this!
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