It's Happening.

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SuburbanFarmer
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It's Happening.

Post by SuburbanFarmer » Wed Sep 20, 2017 1:29 pm

Here we go, kids. Buckle up.

http://www.zerohedge.com/news/2017-09-2 ... nder-month
Just three weeks after Russia bailed out its largest and very politically connected private bank, Otkritie, after an unexpectedly acute bank run resulted in the bank's near-collapse, already nervous Russian depositors shifted their attention to another domestic lender, and earlier today Russia’s B&N Bank, the country’s 12th biggest lender by assets, also sought a bailout from the central bank. While it is unclear how much this bailout would cost Russian taxpayers, when the central bank took over Otkritie last month, it said it might need up to $6.9 billion, the biggest ever bailout in the country.
Toys R Us is gone, Russian banks collapsing, and The Great And Powerful Fed is pulling the rug. Meanwhile, it's finally dawning on Florida that their real estate is about to become worthless, and food prices continue to spike.

Get. Your. Shit. In. Order.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

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C-Mag
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Re: It's Happening.

Post by C-Mag » Wed Sep 20, 2017 1:35 pm

Some folks have speculated on a Global currencies collapse since 2008. If you look back a couple days in Zero Hedge you will see an article that China is over leveraged $4 Trillion, and have $ 1 Trillion in Reserve. The worst over leveraging in the history of man I believed they called it.

All that being said, Zero Hedge tends to be a chicken little.
PLATA O PLOMO


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Don't fear authority, Fear Obedience

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C-Mag
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Re: It's Happening.

Post by C-Mag » Wed Sep 20, 2017 1:38 pm

May be a little early to panic. I just checked Drudge and he's not reporting it. If it's not on Drudge it didn't happen. Also both Silver and Gold are down today.
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Don't fear authority, Fear Obedience

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SuburbanFarmer
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Re: It's Happening.

Post by SuburbanFarmer » Wed Sep 20, 2017 1:49 pm

Panic, no. Prepare, now.

This is the tipping point - when the Fed is openly bringing up pulling the rug, when the stock market rocket has just about flattened off, and inflation - the real inflation - is flying. This is when it starts.

Gold is already bought up. The shit you buy in ETFs will have no value in a true collapse. That's why Bitcoin is on a rocket to the moon.

Next year will be a very different time.
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

https://youtu.be/CYbT8-rSqo0

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C-Mag
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Re: It's Happening.

Post by C-Mag » Wed Sep 20, 2017 2:04 pm

GrumpyCatFace wrote:Panic, no. Prepare, now.

This is the tipping point - when the Fed is openly bringing up pulling the rug, when the stock market rocket has just about flattened off, and inflation - the real inflation - is flying. This is when it starts.

Gold is already bought up. The shit you buy in ETFs will have no value in a true collapse. That's why Bitcoin is on a rocket to the moon.

Next year will be a very different time.
You are no the only one saying a crash by Spring of next year. I really don't know much about Bitcoin, do you think it's a safe alternative to the dollar ?
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Don't fear authority, Fear Obedience

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TheReal_ND
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Re: It's Happening.

Post by TheReal_ND » Wed Sep 20, 2017 2:06 pm

Toys R Us is failing because millennials hate children.

Heh, ironic that Russia just officially dropped the dollar and the next day their bank implodes. Nothing to see here.

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Martin Hash
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Re: It's Happening.

Post by Martin Hash » Wed Sep 20, 2017 2:09 pm

Nukedog wrote:Toys R Us is failing because millennials hate children.
quotable (and true in the fact that self-absorbed Millennials have no time to spare for children).
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change

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DBTrek
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Re: It's Happening.

Post by DBTrek » Wed Sep 20, 2017 2:16 pm

Martin Hash wrote:
Nukedog wrote:Toys R Us is failing because millennials hate children.
quotable (and true in the fact that self-absorbed Millennials have no time to spare for children).
Or, as they are more accurately called, COMPETITORS.
:twisted:

"You mean the baby gets all the fawning attention and I have to learn to adult? FUUUUUUCK THAT!!! TIME TO SELFIE!"
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Xenophon
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Re: It's Happening.

Post by Xenophon » Wed Sep 20, 2017 2:18 pm

DBTrek wrote:
Martin Hash wrote:
Nukedog wrote:Toys R Us is failing because millennials hate children.
quotable (and true in the fact that self-absorbed Millennials have no time to spare for children).
Or, as they are more accurately called, COMPETITORS.
:twisted:

"You mean the baby gets all the fawning attention and I have to learn to adult? FUUUUUUCK THAT!!! TIME TO SELFIE!"
Learn to adult? That's rich. Dey at dey gramama house. Gramama staying wit da baby,

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TheReal_ND
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Re: It's Happening.

Post by TheReal_ND » Wed Sep 20, 2017 2:19 pm

^lol it's funny because it's true

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I always suspected Russians disproportionately effect the BTC exchange since most of the people selling stuff on the dark web are Russians. I heard Russia doesn't really do much about the black market unless you step on someone's toes.