Could The Markets, As We Know Them, Disappear?

[MohdSalleh]

There is so much pessimism out there its unreal.

 

[Gabfly1]

Quote from MohdSalleh:

There is so much pessimism out there its unreal.

Why would it be unreal to you? You're one of the people fanning the flames.

 

[MohdSalleh]

Quote from Gabfly1:

Why would it be unreal to you? You're one of the people fanning the flames.

Don't talk nonsense. I am just being realistic.

 

[Gabfly1]

Quote from MohdSalleh:

There is so much pessimism out there its unreal.

Quote from MohdSalleh:

Don't talk nonsense. I am just being realistic.

Round and round we go.

 

[deadbroke]

Quote from deadbroke:

Joe, you forgot the most important one for these clowns ...

ATMs will shut down and lines of disgruntled folk will be several blocks long. Goodluck on getting any speedy cash or any cash at all. Credit cards auto denial will occur.

Plan B

2 or 3 yr supply of hard cash stashed in several locations - not in any bank safe deposit box either.

this will give you tremendous breathing room in the event of a protracted emergency.

You only need CASH as everything that can be bought will be worthless, with CASH as the only reigning KING.

But as ought to be expected, nobody here will do doodly, then when they get fcked, they'll blame the black guy with the big cock and dancing shoes.

repeat warning



Joe, you forgot the most important one for these clowns ...

ATMs will shut down and lines of disgruntled folk will be several blocks long. Goodluck on getting any speedy cash or any cash at all. Credit cards auto denial will occur.

Plan B

2 or 3 yr supply of hard cash stashed in several locations - not in any bank safe deposit box either.

this will give you tremendous breathing room in the event of a protracted emergency.

You only need CASH as everything that can be bought will be worthless, with CASH as the only reigning KING.

But as ought to be expected, nobody here will do doodly, then when they get fcked, they'll blame the black guy with the big cock and dancing shoes.

 

[outsource]

Plan 'B' is to go back to fishing production and...my 18-year old suckbuddy right next to me Hey, who needs more.....

 

[bearice]

Quote from Joe Ross:

At some unknown point, if a hedge fund, a bank, a government, or other entity were to fail to meet its obligations, it could bring down the whole house of cards. We are living in a gigantic global bubble. The stock market is a bubble within a bubble, as were the dot com bubble and the real estate bubble. There are few indeed who know the true worth of anything. All fiat currencies are nothing more than a bubble with nothing whatsoever to back them up other than the willingness of the populace to accept essentially worthless pieces of paper.

They are all giant ponzi schemes.