Black Friday

[Tucker]

Aww. Can't we do houses again? I want a cheap place in Arizona. I don't need another truck. Next one sure won't be a GM product. They don't need Canada so I don't need them ever again.

[biglentil]

Once the bubble bursts; it acts like dominos across markets. Now GM fallout which has a much bigger root attached called sub-prime auto loans.

Once debt is no longer a growth asset, look out . . . it becomes a heavy liability. This is the beginning of the painful debt unwind. No way of stopping this . . . . Central bankers now powerless.

"Central bankers now powerless." I do not agree they are behind the wheel and have total control. They can A) reverse the interest rate hikes B) implement QE4 like in 2008 and print C)or implement a 'Bail In' and seize a portion of everyones savings. D) let credit market seize up and implode.

D) Is most unlikely unless civil unrest is their ultimate goal.

You're right about one thing Errol the long term outlook is not pretty for the fiat based system of debt no matter which way the Fed proceeds.

[wd9]

Aww. Can't we do houses again? I want a cheap place in Arizona. I don't need another truck. Next one sure won't be a GM product. They don't need Canada so I don't need them ever again.

Good one Tucker, you are on a roll!

[helmsdale]

"Central bankers now powerless." I do not agree they are behind the wheel and have total control. They can A) reverse the interest rate hikes B) implement QE4 like in 2008 and print C)or implement a 'Bail In' and seize a portion of everyones savings. D) let credit market seize up and implode.

D) Is most unlikely unless civil unrest is their ultimate goal.

Your right about one thing Errol the long term outlook is not pretty for the fiat based system of debt no matter which way the Fed proceeds.

Nah nah nah nah nah na! Can't take my savings!

[biglentil]

Nah nah nah nah nah na! Can't take my savings!

Me neither! A, B, and C are all an attack on savings. With A and B the confiscation is hidden through inflation.

[furrowtickler]

Unfortunately it’s D , the UN wants the entire system imploded to reset wealth among everyone but the elites.... which they feel apart of themselves as policy makers. The current Canadian government is one of their biggest cheerleaders 📣.
Check out “land ownership” as part of the UN’s 2030 policy ...... think about that real hard as a western Canadian farmer. Once they strip the wealth next on the plate is land ...... it’s clearly stated in their policy.

[biglentil]

Thats why I included D Furrow. Never know the ultimate game plan. They created the Great Depression and that lasted 10 years.

They have to work quick if they plan on rolling out the one world currency in 2018 as predicted on the cover of the 1988 Economist magazine. Some really woo woo stuff lol.

[farmaholic]

Why not just let it reset, ledgers and accounting won't mean much when hunger and violence ramp up. Or maybe we can just use the power of positive thought and "will" ourselves into prosperity, "because the Universe is abundant" and there is enough for everyone, according to the book "The Secret"(sarcasm).

Geez, time to sit back, put up my feet and "imagine" how wealthy I am and let it roll in.....

I'm still waiting, how long is this supposed to take?

[Braveheart]

Farma, you have to feel it. Imagining doesn't work.

[farmaholic]

Farma, you have to feel it. Imagining doesn't work.

Well then, I know I am wealthy beyond imagination in many areas of my life. Because wealth isn't only measured in dollars and cents...

Take care.