The Greatest depression is coming, are you ready?

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LightOfMyLife

Well-known member
May 6, 2023
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Independence, Mo
Our Greatest Depression is happening now with who we have in the White House. This is the worst President in history. This man goes on more vacations to the beach, and hasn't visited E. Palestine once. He could if he wasn't always relaxing at the beach.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113
Our Greatest Depression is happening now with who we have in the White House. This is the worst President in history. This man goes on more vacations to the beach, and hasn't visited E. Palestine once. He could if he wasn't always relaxing at the beach.
Open an ice cream parlor there.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113

China is testing the theory that if you just ignore radiation poisoning it will go away.

The good news is that the measured radiation is only 50x higher than dangerous levels.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113

China is testing the theory that if you just ignore radiation poisoning it will go away.

The good news is that the measured radiation is only 50x higher than dangerous levels.
This would make a great plot for an apocalyptic movie. They stopped mining the coal because it was mingled with uranium and you can imagine how bad it would be if people started burning coal laced with uranium. But then the owners of the coal mine sold it to someone else. He couldn't mine the coal because the radiation was too high in the mine so he turned it into a strip mine! Problem solved, now they are mining the coal with big giant machines, burning it in the power plants and millions throughout mongolia are going to the hospital with "asthma".

Now the radiation has spread to major cities where the coal is being burned, radiation levels are several hundred times higher than that measured at nuclear power plants.

The silver lining is that they will be offering specials to anyone who wants to visit china as a tourist.
 

ZNP

Well-known member
Sep 14, 2020
36,405
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In addition to the $2 trillion we have to borrow this year to cover our budget deficit, 7.5 trillion in debt is coming due this year as well! How is the US going to float 9.5 trillion in debt this year?


Alarming! $7.5 Trillion Government Debt Is Coming Due That Could Break Everything
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113
Rice Prices About To EXPLODE💥 | Huge Canadian Port Fire | Flooding New England & Updates

 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113
The interest rate on the ten year treasury has gone up by about 2% since Biden became president. Since we have 33 trillion in debt and are running a $2 trillion deficit, this has increased our interest payment and will increase our interest to carry our debt to about $1.25 trillion. Our annual tax revenue is about $5 trillion so that is 25% of our annual budget will be interest payments.

Imagine you make $100,000 a year. Your wife has run up a $700,000 credit card debt, and your interest payment is $20,000 a year.
 

Cameron143

Well-known member
Mar 1, 2022
18,964
6,525
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The interest rate on the ten year treasury has gone up by about 2% since Biden became president. Since we have 33 trillion in debt and are running a $2 trillion deficit, this has increased our interest payment and will increase our interest to carry our debt to about $1.25 trillion. Our annual tax revenue is about $5 trillion so that is 25% of our annual budget will be interest payments.

Imagine you make $100,000 a year. Your wife has run up a $700,000 credit card debt, and your interest payment is $20,000 a year.
I can imagine an ex-wife having done that.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
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We need to be careful they are sending out hit squads killing people who say things they don't like. (300 lb man in Utah and the disabled vet in Tenn). Once they get the digital currency out they will be able to ramp up the control.
 

Cameron143

Well-known member
Mar 1, 2022
18,964
6,525
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We need to be careful they are sending out hit squads killing people who say things they don't like. (300 lb man in Utah and the disabled vet in Tenn). Once they get the digital currency out they will be able to ramp up the control.
All of my days were numbered before any came to pass.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
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https://finance.yahoo.com/news/sub-50-cent-price-treasury-190103366.html

Fifty cents on the dollar is a very low price in the world of bonds. In most cases, it signals that investors believe the seller of the debt is in such financial distress that it could default.

The prophets said the US dollar would drop 30%, then 50%, and then be worthless as leaves. US debt is now down 50%
 

ZNP

Well-known member
Sep 14, 2020
36,405
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This is too funny!

I have been wondering who is buying our debt because the interest rates are not going up as much as I would have expected. If you came to get a loan and the state of your finances mirrored that of the US you would probably be paying 18% to a loan shark. But now we know, it's you!

When you are sitting at the poker table and you don't know who the patsy is, well then it is you! $5 trillion in money market funds converted to US debt! LOL


How they Steel our Money and Freedom 09/25/2023

China is selling, Japan is selling, and Saudi Arabia is selling. If all of the major buyers of US debt are selling, then who is buying? It is you! This is why interest rates have not risen dramatically even though recent sales of US debt were at 50%. Here is the bad news, the money markets are all converted, there is no more money market funds around to buy US debt! Uh Oh, we have run out of patsies to fleece.

The good news is it is only money, nothing of any eternal value has been stolen.
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113
Store Food While You Still Can, Because The New Global Famine Is Staring To Accelerate

 

mailmandan

Senior Member
Apr 7, 2014
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Just 2 years ago mortgage rates were 3%. So glad we got into our house before interest rates shot up. I hear that 8-8 1/2% may be on the horizon.

Screenshot_20231003_173414_Mortgage News Daily.jpg
 

ZNP

Well-known member
Sep 14, 2020
36,405
6,653
113
When all else fails they take you to war

While The World Is Distracted Major Banks Hold URGENT EMERGENCY Meeting