I have no intention of buying any new electronics. I am using a laptop I bought in 2014 and have a computer I bought in 2024 as well. That should last me. I'll get back to you in ten years when I need a new computer. Hopefully by then the US economy is once again a manufacturer of quality equipment.
The Greatest depression is coming, are you ready?
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You really need to pick videos with better speakers. That guy's diction is terrible.
His reporting style, extrapolation and eye contact are lousy too, but his diction is just abysmal.
So how many more years are you going to keep this thread going? How much longer will we have to wait for this big catastrophe you have been predicting for years now?
His reporting style, extrapolation and eye contact are lousy too, but his diction is just abysmal.
So how many more years are you going to keep this thread going? How much longer will we have to wait for this big catastrophe you have been predicting for years now?
So then everyone who saw this thread was given adequate time to prepare, is that what you are telling me? That no one can hold anything against the Lord for not letting them know ahead of time what was coming and to get ready? Good, I'll pass that message along to the Lord.
Jesus, the people say they are ready and have prepared, you have given them sufficient warning, thank you. Amen.
Jesus, the people say they are ready and have prepared, you have given them sufficient warning, thank you. Amen.
Interesting data. Our advisor showed a few months back how the trend into recession had really just begun and the beginning was slower than they had previously anticipated, but we are into it. If I watch retail and food traffic in our locale it seems as high as ever and it had me wondering if it was the use of credit, which the data here seems to suggest.
The confidence bump after the election was also interesting. Sentiment high but didn't match the data.
As usual, we shall see...
The confidence bump after the election was also interesting. Sentiment high but didn't match the data.
As usual, we shall see...
I believe that AI and robots are having a huge impact and people need to understand that. Business is forced to cut costs and as this report points out the cost of supplies are going up so they have to cut labor costs. AI and robots gives them that ability. We have seen evidence that the white collar jobs are being replaced by AI. The layoffs have a deflationary pressure on prices as demand softens. We saw this in the past with Trains and automobiles and computers having a big impact on the economy. But each of those things required workers to learn new skills. Trains and cars basically replaced oxen and horses, not people. Computers replaced the need for one skill, perhaps mathematical computation, with another, computer coding. But AI replaces people. Robots replace people. 3d printers replace people.
I remember when you would have a gas station attendant pump your gas and check your oil. All that has been replaced with self serve. The same is true with the checkout cashiers being replaced with self checkout.
Two years ago AI could not replace any white collar worker. Today AI can replace 80% of college graduates. It makes no sense to hire a college graduate this June for a white collar job. AI can do their job faster, cheaper, more efficiently with less liability than 80% of the graduates. And that is right now. Six months from now it will be 90%. And six months after that when those new hires have been trained AI will be better than around 94%.
Even if you were to luck out and find the 5% that would still be relevant a year after they were hired they would not be faster than AI, they would not be available 24/7 like AI, and they would be four or five times the cost of AI.
The first stage is hiring freeze, the second stage is layoffs. In many industries, especially in Silicon valley we are seeing layoffs. This first stage of the layoffs takes place as the AI is trained for the jobs and evaluated. Once the companies have confidence it can do the jobs you will get the second stage of layoffs. Instead of 5-10% we'll be talking 20-40%. This generally takes six months. So all those layoffs we have seen in the last four months, they are set to double, triple and quadruple in the next six months.
These are not displaced workers who now need to train for a new skill. Once the mass layoffs in the Fortune 500 companies hit there won't be any white collar jobs you can be retrained for. These people make six figure salaries and are major consumers. Also they will not have the option to do manual labor as 20 million illegals have already snatched up those jobs and Tesla robots will be on the market as well. You can lease a robot for 25k a year, and it will work four shifts a week. Good luck competing with that. I suspect they are going to make the components with 3d printers and assemble them with robots. So they can ramp up production with minimal hiring of workers.
But this will start a massive downward spiral. As people are laid off demand goes down and as demand goes down their is more pressure on these companies to lay people off.
One other point, if the robots and AI and 3d printers are so much better return on investment than hiring employees these large multinational companies will all but eliminate the small business man. If home depot put the local hardware store out of business and Walmart put the local mall and grocery store out of business, this will be like that on steroids.
I remember when you would have a gas station attendant pump your gas and check your oil. All that has been replaced with self serve. The same is true with the checkout cashiers being replaced with self checkout.
Two years ago AI could not replace any white collar worker. Today AI can replace 80% of college graduates. It makes no sense to hire a college graduate this June for a white collar job. AI can do their job faster, cheaper, more efficiently with less liability than 80% of the graduates. And that is right now. Six months from now it will be 90%. And six months after that when those new hires have been trained AI will be better than around 94%.
Even if you were to luck out and find the 5% that would still be relevant a year after they were hired they would not be faster than AI, they would not be available 24/7 like AI, and they would be four or five times the cost of AI.
The first stage is hiring freeze, the second stage is layoffs. In many industries, especially in Silicon valley we are seeing layoffs. This first stage of the layoffs takes place as the AI is trained for the jobs and evaluated. Once the companies have confidence it can do the jobs you will get the second stage of layoffs. Instead of 5-10% we'll be talking 20-40%. This generally takes six months. So all those layoffs we have seen in the last four months, they are set to double, triple and quadruple in the next six months.
These are not displaced workers who now need to train for a new skill. Once the mass layoffs in the Fortune 500 companies hit there won't be any white collar jobs you can be retrained for. These people make six figure salaries and are major consumers. Also they will not have the option to do manual labor as 20 million illegals have already snatched up those jobs and Tesla robots will be on the market as well. You can lease a robot for 25k a year, and it will work four shifts a week. Good luck competing with that. I suspect they are going to make the components with 3d printers and assemble them with robots. So they can ramp up production with minimal hiring of workers.
But this will start a massive downward spiral. As people are laid off demand goes down and as demand goes down their is more pressure on these companies to lay people off.
One other point, if the robots and AI and 3d printers are so much better return on investment than hiring employees these large multinational companies will all but eliminate the small business man. If home depot put the local hardware store out of business and Walmart put the local mall and grocery store out of business, this will be like that on steroids.
Yes, they told you they think 500 million is the ideal population for the world, why don't you believe them? The book of Revelation tells you that pretty much everyone on earth dies. Christians are raptured or beheaded and the rest of the people die from famine, war and plague.
Why are people so slow to believe what the Bible tells them?
Why are people so slow to believe what the Bible tells them?
I don't care what their plan is. I believe at the time of 911 the US military had AI developed to where we see AI today in the general marketplace. Experts tell us they are 25 years ahead of us and I believe it. I think that 911 was done so that they could get the budget to build the drones and robots and have an excuse to train them with big data, which they have done. Today we have Artificial narrow super intelligence. If you have a very narrow task, specific job with specific rules well defined, AI can do it better than any human. That is what they have for the drones, robots, etc.
What we are seeing in these wars in Ukraine and the MId East is this AI orchestrated war. Since October of 2023 we have been watching the rise of the Beast out of the sea (the nations).
The Freemasons understand that AI and robots can replace80-90% of people and do the jobs they do at a fraction of the cost. They are simply creating a justification for killing all those "useless eaters". They see employees as slaves and why keep feeding a slave if they can no longer work?
These wars, plagues and man made famines are simply a way to speed up the process of killing off the useless eaters.
What we are seeing in these wars in Ukraine and the MId East is this AI orchestrated war. Since October of 2023 we have been watching the rise of the Beast out of the sea (the nations).
The Freemasons understand that AI and robots can replace80-90% of people and do the jobs they do at a fraction of the cost. They are simply creating a justification for killing all those "useless eaters". They see employees as slaves and why keep feeding a slave if they can no longer work?
These wars, plagues and man made famines are simply a way to speed up the process of killing off the useless eaters.