The US economy is collapsing!

[jaw_is_law]

if you dont have money then the US economy is not a good place to be right now because its growing inflation, Government, taxes, people and stagnation is making it a very unprosperous place to live in. It would be a more financially savvy decision to move out of the USA and into a more economically prosperous country especially considering that the US economy isnt expected to recover soon

The US economy will never be the same and Fiat currency and inflation is only going to lead to the rich getting richer and poor getting poorer so try to put as much fiat currency as you can into gold and silver

we are having increasing borrowing costs, increasing consumption and increasing prices, increases in population and immigrants moving into the US and an increase in home prices, increases in government spending and monetary and fiscal policy such as quantitative easing and federal reserve fractional reserve banking, real inflation is at all time highs, interest rates are increasing

These are all indicators that the USA economy is collapsing



ITS OVER FOR THE USA

 

[racoon4]

 

[to_stop_da_cope]

It would be a more financially savvy decision to move out of the USA and into a more economically prosperous country

And what are best places to move out to? Other than Sweden, Norway and Denmark

 

[Xangsane]

And what are best places to move out to? Other than Sweden, Norway and Denmark

ukraine

 

[jaw_is_law]

And what are best places to move out to? Other than Sweden, Norway and Denmark

pretty much any first world country besides the US is better

the Netherlands, Northern Europe, Germany, Canada, Switzerland, New Zealand are probably the most based countries to move to if you want financial ascension

 

[Deleted member 15669]

pretty much any first world country besides the US is better

peak delusion

 

[jaw_is_law]

peak delusion

you dont realize how fucked the US economy is going to be in the future

 

[Ice]

pretty much any first world country besides the US is better

the Netherlands, Northern Europe, Germany, Canada, Switzerland, New Zealand are probably the most based countries to move to if you want financial ascension

The US is exporting inflation since the US is the global reserve currency, those countries have high taxes and will suffer even more then the US, it's a fact that there more Canadians leaving to the US then Americans leaving to Canada (and that despite the US having a 10 times larger population)

You could buy a private house in many US states for half the price of an apartment in Germany

 

[Deleted member 6128]

Another shit thread by @jaw_is_law

 

[Ice]

you dont realize how fucked the US economy is going to be in the future

The US economy is getting fucked and worse every single day, but don't you realize that every other economy is reliant on it and will suffer even more?

 

[jaw_is_law]

peak delusion

*most first world countries

 

[jaw_is_law]

The US economy is getting fucked and worse every single day, but don't you realize that every other economy is reliant on it and will suffer even more?

no thats not true we rely on every other economy

we borrow trillions of dollars from other countries if they stop giving us money then we are fucked

and if they stop using our fiat currency then we are triple fucked

 

[2d v2]

okay let me pack up and move to Cambodia

 

[jaw_is_law]

The US is exporting inflation since the US is the global reserve currency, those countries have high taxes and will suffer even more then the US, it's a fact that there more Canadians leaving to the US then Americans leaving to Canada (and that despite the US having a 10 times larger population)

You could buy a private house in many US states for half the price of an apartment in Germany

well time will tell but based off what evidence is avalible the US economy isnt looking good

 

[thereallegend]

Well the interest rates increasing are supposed to control inflation.

Immigration isn't hurting the economy. It's actually the foundation of the economy, as the country doesn't have proper demographics to fill all these jobs.

Mentioning "fiat" currency as if that has any relevance in this argument is peak libertarian delusion. The gold standard bros always say the American economy is gonna collapse.

 

[Deleted member 19530]

The American economy is collapsing but you’re misunderstanding things

1. Interest rates are still historically low, they can’t raise them and therefore can’t fight inflation so it’s over
2. Stock is collapsing, inflation is rising, prices of houses are stagnant, money is losing value just for existing, there’s literally no where to put your money right now, everything is in free fall even real state is stagnant

Europe and Japan will collapse worst than America. Good places to invest in right now are Mexico and Brazil, there’s not much else to go, Americans can’t really invest in China or Russia so I don’t even bother mention them, obviously they would be good places to invest otherwise

Europe will soon be worst than Brazil, America will be ok for the top 5% but for how much longer is tough to tell. Probably it will break up over the next 20 years

 

[Gurthee_Dong]

Clearly hedge funds are pulling liquidity out of every single market so they can eventually cover their shorts when AMC stock squeezes.

 

[Gurthee_Dong]

Biden 2024!

I know he's useless and completely incompetent but I would like to see the united states' economy collapse as quickly as possible

 

[Foreverbrad]

We printed a ton of QE money during covid and shut down all our oil production because of low demand. Who could have ever predicted that demand would recover?!

The Fed will keep raising rates just enough to keep demand suppressed due to everyone crying "recession" until oil production is where it needs to be to eliminate inflation. This isn't the end of the world but it's a pretty stupid thing to have been allowed to happen.

One could also even argue that the economy could stabilise at this new higher oil price. Either way, the inflation is transient. There will be no "wage-price spiral" because workers have no bargaining power.

 

[TYRONELITEMOGGER]

pretty much any first world country besides the US is better

the Netherlands, Northern Europe, Germany, Canada, Switzerland, New Zealand are probably the most based countries to move to if you want financial ascension

You do realize European countries haven’t even recovered from 2007 right? If Americas economy crashes everyone else crashes harder

 

[jaw_is_law]

You do realize European countries haven’t even recovered from 2007 right? If Americas economy crashes everyone else crashes harder

its cope once the dollar stops becoming the global currency

 

[TYRONELITEMOGGER]

no thats not true we rely on every other economy

we borrow trillions of dollars from other countries if they stop giving us money then we are fucked

and if they stop using our fiat currency then we are triple fucked

You know nothing about economics. The US is the most self reliant economy by far. Everyone relies on you

 

[TYRONELITEMOGGER]

its cope once the dollar stops becoming the global currency

European countries except Germany never recovered from 2007 but the US kept rising easily afterwards. The rest of the world always suffers more

 

[jaw_is_law]

European countries except Germany never recovered from 2007 but the US kept rising easily afterwards. The rest of the world always suffers more

so does that mean stay in the USA? or...

 

[jaw_is_law]

You know nothing about economics. The US is the most self reliant economy by far. Everyone relies on you

but what about the trillions of dollars of debt? we owe

 

[TYRONELITEMOGGER]

but what about the trillions of dollars of debt? we owe

We owe internally. The Us owes its own banks and companies by awarding contracts we didn’t pay. Everyone owes us though

 

[jaw_is_law]

We owe internally. The Us owes its own banks and companies by awarding contracts we didn’t pay. Everyone owes us though

where are you getting this information. copy and paste so I can read it all

 

[jaw_is_law]

We owe internally. The Us owes its own banks and companies by awarding contracts we didn’t pay. Everyone owes us though

Im starting to realize how much I dont know, getting moged by all these high IQs

 

[TYRONELITEMOGGER]

so does that mean stay in the USA? or...

Let me show you for example. After 2007 a financial crisis caused by a careless American bank caused the world economy to shake. Comparing gdp per capita european countries have never even recovered but the Us moved on like it was nothing.

 

[TYRONELITEMOGGER]

where are you getting this information. copy and paste so I can read it all

I watch many economics videos. The US is practically invincible to all things.

 

[jaw_is_law]

Let me show you for example. After 2007 a financial crisis caused by a careless American bank caused the world economy to shake. Comparing gdp per capita european countries have never even recovered but the Us moved on like it was nothing.

so you think this is just gonna keep happening? never going to change no matter how much trillions of dollars the USA prints?

well I guess your right. But I still stand by my point, the USA economy and probably the world economy might collapse, continual progress will be made but it is collapsing. At least thats what the evidence is showing. right?

 

[jaw_is_law]

I watch many economics videos. The US is practically invincible to all things.

Im behind by a lot I got a lot of catching up to do

 

[TYRONELITEMOGGER]

so you think this is just gonna keep happening? never going to change no matter how much trillions of dollars the USA prints?

well I guess your right. But I still stand by my point, the USA economy and probably the world economy might collapse, continual progress will be made but it is collapsing. At least thats what the evidence is showing. right?

The more the US prints money given dollar is the reserve currency the rest of the world gets inflation. Some countries depend on the dollar completely and they would be destroyed, we’d have inflation but we will fare off better. All global trade is some of dollars, if dollar loses value everyone goes down

 

[TYRONELITEMOGGER]

Im behind by a lot I got a lot of catching up to do

 

[jaw_is_law]

I will study that when I can

 

[jaw_is_law]

The more the US prints money given dollar is the reserve currency the rest of the world gets inflation. Some countries depend on the dollar completely and they would be destroyed, we’d have inflation but we will fare off better. All global trade is some of dollars, if dollar loses value everyone goes down

thank you

 

[Deleted member 19499]

All countries that rely on American dollars and military are fucked as well.

 

[reptiles]

if you dont have money then the US economy is not a good place to be right now because its growing inflation, Government, taxes, people and stagnation is making it a very unprosperous place to live in. It would be a more financially savvy decision to move out of the USA and into a more economically prosperous country especially considering that the US economy isnt expected to recover soon

The US economy will never be the same and Fiat currency and inflation is only going to lead to the rich getting richer and poor getting poorer so try to put as much fiat currency as you can into gold and silver

we are having increasing borrowing costs, increasing consumption and increasing prices, increases in population and immigrants moving into the US and an increase in home prices, increases in government spending and monetary and fiscal policy such as quantitative easing and federal reserve fractional reserve banking, real inflation is at all time highs, interest rates are increasing

These are all indicators that the USA economy is collapsing



ITS OVER FOR THE USA

Due to shit head biden tbqh why did any 1vote for him over trump i mean trump is quite out there but he knows better ecanomics than biden that little retard

 

[reptiles]

The more the US prints money given dollar is the reserve currency the rest of the world gets inflation. Some countries depend on the dollar completely and they would be destroyed, we’d have inflation but we will fare off better. All global trade is some of dollars, if dollar loses value everyone goes down

Thing is when 1 tries to go agaist the dollar in a free market environment. They try to topple your government

 

[Deleted member 3828]

All because of niggers

 

[Deleted member 19551]

The US is exporting inflation since the US is the global reserve currency, those countries have high taxes and will suffer even more then the US, it's a fact that there more Canadians leaving to the US then Americans leaving to Canada (and that despite the US having a 10 times larger population)

You could buy a private house in many US states for half the price of an apartment in Germany

This

The US can't even make money without being in debt and bullying other nations to go in debt

The US mogs if you have a decent amount of money. Europe is better is you're a poor low IQ mediocre person

 

[Deleted member 19551]

Let me show you for example. After 2007 a financial crisis caused by a careless American bank caused the world economy to shake. Comparing gdp per capita european countries have never even recovered but the Us moved on like it was nothing.

GDP is a good index to measure overall output but the quality of life and health outcomes in the US are dog shit. There's a massive wealth disparity. But it's true that the US is an economic powerhouse

 

[Deleted member 19551]

The more the US prints money given dollar is the reserve currency the rest of the world gets inflation. Some countries depend on the dollar completely and they would be destroyed, we’d have inflation but we will fare off better. All global trade is some of dollars, if dollar loses value everyone goes down

This is precisely why the United States waged deadly war against any leader that wanted to start dealing their oil in a different currency than dollar. Sadam Hussein, AL Qadafi, etc


"Up until the date of the Brenton Woods agreement was left in the early 1970’s oil was traded internationally for gold bullion. At the Brenton Woods Conference in 1944 the USA convinced the European, then after the war the Japanese and later OPEC to all accept the US Dollar as the world reserve currency in place of Gold Bullion with the promise that the USA would maintain its dollar as a stable currency. The agreement was the US Dollar would serve as the international benchmark against which all currencies and commodities would be traded. This was done with the understanding that the US Dollar would be fully convertible to gold bullion at $35.00 per Troy Ounce. OPEC originally accepted US Dollars but demanded they be immediately exchanged for gold as the USA had promised to do in 1944. In 1973 the USA left the ‘gold standard’ part of the Brenton Woods Agreement of 1944 and has allowed the US Dollar to ‘float’ against other currencies since that time. Those members of OPEC that have poor relations with the USA, particularity Iran and Iraq, have been seeking to break out of the Brenton Woods agreement and trade their oil in something other than US Dollars because they feel once the US left the Gold Standard in 1973 the US Dollar has been inflated, along with the national debt, by American politicians.

Having the US Dollar as the ‘world reserve currency’ has been a great boon for the USA because it makes selling our exports much easier, and it makes buying our imports much easier as well. The US Dollar has become in effect the world currency because it is recognized in almost any country on Earth and the local banks all know what the exchange rate is for their currency to US Dollars because they get updates regularly. Other countries recognize the power being the world reserve currency gives the USA economically and there have been discussions from time to time over the last 45 years to set up a different reserve currency, or a “basket of currencies” so that more nations share in the advantages of being one of, or the only, reserve currency."

 

[Bitch]

All because of niggers

 

[TYRONELITEMOGGER]

Thing is when 1 tries to go agaist the dollar in a free market environment. They try to topple your government

Chadmurica must bully incel countries, such is geopolitics

 

[TYRONELITEMOGGER]

All because of niggers

Careless policy actually

 

[Richard_Hungwell]

pretty much any first world country besides the US is better

the Netherlands, Northern Europe, Germany, Canada, Switzerland, New Zealand are probably the most based countries to move to if you want financial ascension

Can't speak for the other countries, but Canada is having similar problems now too with inflation.

At least in the USA, they still have some freedom of speech. If you speak out or protest against the Canadian government, they can hold you indefinitely in jail without charges and freeze all your bank accounts/assets.

The Canadian prime minister also held unvaccinated Canadians hostage and refused to let them leave the country (this has only recently been overturned).

If you value your freedom, Canada probably isn't the best country to move to.

 

[Sal]

tbh you're dumb if you have more then an emergency fund that can handle 6 months of expense. It's just depreciating assets in virtue of core inflation.

If you want to survive this next collapse. Buy gold and make friends with farm owners (networking is key).

Why do you think Bill Gates is the largest farm owner in the world? Over $670 million dollars worth of farm ownership alone.

Europe and Japan will collapse worst than America. Good places to invest in right now are Mexico and Brazil, there’s not much else to go, Americans can’t really invest in China or Russia so I don’t even bother mention them, obviously they would be good places to invest otherwise

@longivitymaxing this isn’t true. The Europe and Asia won’t be hit as hard. They have their own national currency which they can de-peg from Americas dollar once that flops. Japan actually makes things. America doesn’t in parallel to its economy. The U.S. dollar is the global reserve currency, once that , we won’t be able to do anything. Only other choice is to turn our USD savings into the next global currency.

 

[Deleted member 19530]

tbh you're dumb if you have more then an emergency fund that can handle 6 months of expense. It's just depreciating assets in virtue of core inflation.

If you want to survive this next collapse. Buy gold and make friends with farm owners (networking is key).

Why do you think Bill Gates is the largest farm owner in the world? Over $670 million dollars worth of farm ownership alone.

@longivitymaxing this isn’t true. The Europe and Asia won’t be hit as hard. They have their own national currency which they can de-peg from Americas dollar once that flops. Japan actually makes things. America doesn’t in parallel to its economy. The U.S. dollar is the global reserve currency, once that , we won’t be able to do anything. Only other choice is to turn our USD savings into the next global currency.

Europe will collapse because they don’t have energy even if they go with Russia they will then become Russia’s bitch and japan is America’s bitch, they need América to defend them against China so they will just become America’s slave and ship all their manufacturing to America. It’s more complicated than muh national currencies, muh gdp, we are entering a different era

 

[Sal]

Europe will collapse because they don’t have energy even if they go with Russia they will then become Russia’s bitch and japan is America’s bitch, they need América to defend them against China so they will just become America’s slave and ship all their manufacturing to America. It’s more complicated than muh national currencies, muh gdp, we are entering a different era

When we look at economies, we will often look at the goods a certain country produces and to what capacity. So I understand your line of reasoning, but the crux of the problem is that the U.S dollar is held up on one pole. And that's being the world reserve currency in virtue of Bretton Woods.

America doesn't manufacture anything relative to it's currency value. That's why when the dollar falls. The U.S is going to be hit the hardest.

European still manufacture more then America. And they have their own currency's to resort back to that will back their economy. Guess what? We don't have another currency. We would have to go straight to gold if that happens.

China doesn't "hate" all of Europe. Because Europe is no match. The only 3 global superpowers is China, Russia, and America. China and Russia are in a state of peace. America and China have this silent war that's been brewing for decades.

So when shit hits the fan, and Europe realizes that America (as a superpower) is dying, they will make peace with China.

I, and many others in Forex and politics in general, believe that the next global world currency is going to be the Yuan.

Prepare boyo.