ECONOMY takes the biggest hit EVER since antediluvian times

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fibo_trader

The Economy's dive worldwide began January 26th, 2018. The USA is the last holdout but big cracks have been showing up since Jan 2018

By 2025:

Unemployment will hit 35%+ exceeding the 25% of 1932 era

Real estate worldwide will lose 88.3% of its value

Banks will fail in the thousands starting with Deutsche, BofA, Wells, Citi. Get your money out asap. Bail ins will be a fact of life. Its been setup already. Greece, Italy, Portugal, Spain will collapse. The Capital of Iceland will not be Reykjavik no more, it will be Five Bucks

California & Texas will seek Secession, others might join in.

World tension will escalate to such an extent that we will get to the brink, no question about that. Is this the END? No its only the begining of the next wave up from circa 2025-2030 to another 70 years. A high powered bullmarket that will take the Dow Jones & Economy to the stratosphere. Then its over. WW3. Earth will be barren for 100 years, then in circa 2200 re-starts from rediscovery of Electricity, Newton's Law etc., i.e. from scratch as it has at least several times over in the last few million years.

None of the 8 (or is it 10 billion inhabitants already) billion residents of Earth will survive. It will be barren. The reason we start from scratch every damn time is because of The Forgetter Mechanism implanted in everybody. So, when you return, your past experience is wiped out and you gots to start from scratch.

Fasten seatbelts. Acceleration to the downside expected anytime now. .......
 
Socialist Europe will fail. Portugal, Ireland and Greece has been bailed out already. Italy and France on the brink as well! UK has its own problems. Germany cannot bailout all the other countries with millions of new migrants to feed! Any fool can see that! That is why the US needs to control its borders and shut it down if that is what it takes! President Donald Trump if re-elected in November 8, 2020, the US economy will continue to grow! Hopefully, we continue to have another nationalist US President in power after that! Other countries in Asia will prosper.
 
fibo_trader said:
The Economy's dive worldwide began January 26th, 2018. ... Unemployment will hit 35%+ exceeding the 25% of 1932 era
Real estate worldwide will lose 88.3% of its value
Banks will fail in the thousands ...
More...

If I were you, I would put all my money into buying S&P puts. But, I am not you, so I will continue to keep investing, stay long, and probably continue doing quite well.
 
Handle123 said:
You going with the 80 year cycle? you are off your years.

https://alanfsewell.typepad.com/usa_history/2012/11/politics-and-the-80-year-economic-cycle.html

But if you are correct, have a 2nd home elsewhere and been doing monthly cost averaging gold for past 12 years. When the Dems control government again, time to leave.
More...

Eventually, even the young millenial Socialists of today, will realize that they are paying the lion's share of taxes and subsidizing the lazy slugs of society! Look at Paris, France and the yellow jackets. Their parents will not be there to bail them out of their mistakes and when they have babies to feed, they will want more taxes or less taxes on themselves? I will be dead as will most of this generation and could care less. The next generation will have to figure it out amongst themselves! We all know how that is going to turn out!
 
"fibo_trader...
None of the 8 (or is it 10 billion inhabitants already) billion residents of Earth will survive. It will be barren. The reason we start from scratch every damn time is because of The Forgetter Mechanism implanted in everybody. So, when you return, your past experience is wiped out and you gots to start from scratch.

Fasten seatbelts. Acceleration to the downside expected anytime now. ......."

You fail on so many levels. But it is people like you that feed the monkey of the universe. I hope you find what you are looking for, eventually.

And hey, @smallfil, what is your beef with me? Why have you had me on ignore for like 2 years? You afraid of my journal or something? I know small fills, I used to trade some micro gold you know. And soon I will be trading micro equities. Do you not like my music? Do you not like my typing errors? Let me know, friend, I wish to make peace with all, because after all, "I will be dead as will most of this generation and could care less."

And we all know how that works out. Right?
 
China: BEAR market started October 2007. Recent rally = Bear rally to be proven

USA going places without Chino? Dream on! The next reigning superpower is flexing. If war were to break out now, non nuclear, China would win. But like Pakistan told India, "you invade us only up to a certain point, then we pull the annihilation trigger". India withdrew on a dime (the business and rich community of India told the PM, "dummy, you're going to ruin it for all of us, here's 100 million dollars for your family, shut this talk down NOW)
 
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