The Greatest depression is coming, are you ready?

[ZNP]

Because of AI or because of bloated Gov't that has been under discussion for more than many decades, or because of both, or more...?

AI is the reason they can fire people. Bloated government is why they feel they have to. The firings will be across the board from fast food restaurants all the way to white collar jobs in fortune 500 companies.

Over the last 12 months we have seen small scale layoffs, 5% or less, as they are training the AI. But once it is trained you will see buyouts like what the Federal government is doing, you will see hiring freeze so no new hires, and then you will see layoffs. But this will be a negative feedback loop. As people lose their jobs and sell their homes and drastically cut back on their spending the demand for goods will shrink and the only way that the large multinational corporations can continue to stay competitive will be to cut back on costs by laying off more people and replacing them with AI, robots and drones.

The situation becomes dire about six months after the hiring freeze when the layoffs begin to really take shape. The highest the unemployment was during the great depression was around 25%. By all accounts AI, robots and drones are now capable of doing 25% of the jobs at a much lower cost to the company than hiring people.

 

[ZNP]

There is an interesting analysis of the impact that the tariffs will have. Obviously it will encourage US manufacturing and obviously it will make some things more expensive, but that will be much worse for Canada, Mexico and China than the US. We will have options including just not buying. No, what they pointed out is that large multinational corporations like Amazon.com and Walmart will be able to adjust. They will get new suppliers and the cost increase will definitely be less than the total tariff. For example, China helps manufacture iPhones, but they don't make the parts they simply assemble the phone and other countries do that as well. Apple will simply move that part of the process to other countries and you won't even notice a change in price, especially since assembly is probably a very small percent of the overall cost.

On the other hand small businesses that import from Canada, China and Mexico will be hit the hardest. They will have the hardest time adjusting and so the tariffs will likely not impact US consumers that much, but it will hit the middle class and small business owners and employees the hardest.

No doubt the trade war with the tariffs could certainly result in layoffs in the US.

 

[Squigglylines]

All we really need is for AI to develop robots to drill baby drill and others to build our beautiful new cities. For sure we no longer need migrants to eat our food supply and drink our water up. We no longer need workers who day dream about owning homes if we intend on robots to doze them all down. It's the big shutdown of things we no longer need. We no longer need near as many Government employees and for sure among those we spare we don't need those of inferior knowledge to man their post. As for the rest of the masses you can ponder what you will do in the day when a machine plants seed and feeds our cattle in our greenhouses but there's no need unless you think you will continue until that day. Some of you may be chosen to live in our beautiful new cities but as for the rest well, your fired.

 

[lrs68]

There is an interesting analysis of the impact that the tariffs will have. Obviously it will encourage US manufacturing and obviously it will make some things more expensive, but that will be much worse for Canada, Mexico and China than the US. We will have options including just not buying. No, what they pointed out is that large multinational corporations like Amazon.com and Walmart will be able to adjust. They will get new suppliers and the cost increase will definitely be less than the total tariff. For example, China helps manufacture iPhones, but they don't make the parts they simply assemble the phone and other countries do that as well. Apple will simply move that part of the process to other countries and you won't even notice a change in price, especially since assembly is probably a very small percent of the overall cost.

On the other hand small businesses that import from Canada, China and Mexico will be hit the hardest. They will have the hardest time adjusting and so the tariffs will likely not impact US consumers that much, but it will hit the middle class and small business owners and employees the hardest.

No doubt the trade war with the tariffs could certainly result in layoffs in the US.

Not for automotive manufacturers that supply USA made vehicles nor medical devices or implants (orthopedics). In fact, tariffs won't effect many States. We might see a decline of surplus at the grocery store but that could eliminate most of the food products wasted by sitting on the shelves too long.

 

[lrs68]

Not for automotive manufacturers that supply USA made vehicles nor medical devices or implants (orthopedics). In fact, tariffs won't effect many States. We might see a decline of surplus at the grocery store but that could eliminate most of the food products wasted by sitting on the shelves too long.

^

I am of course talking about manufacturers in the USA supplying USA made products.

 

[ZNP]

 

[ZNP]

Interesting history lesson comparing today to 1950

⚡ALERT: INFLATION is about to EXPLODE! The Next Great DEPRESSION is COMING!

 

[ZNP]

Interesting history lesson comparing today to 1950

⚡ALERT: INFLATION is about to EXPLODE! The Next Great DEPRESSION is COMING!

Interesting point. If we simply look at inflation then an average income in the 1950s is similar to an average income today. But if you compare standard of living it is incredible how much poorer we are today. And this is because everything we buy is shrinking or becoming cheaper. You could have bought a car in the 1950s and still be driving that car today. Yes, you would have had to get it painted a few times and yes you would have had to reupholster it a few times, but there are people who have done this. You can't do that today. Everything is planned obsolescence and step by step they are moving you towards a life where you will own nothing and be happy. instead of going on some trip to some tourist trap and paying your life savings they will all be buying META and going on virtual trips. Instead of owning a car and paying for parking, inspections, registrations, and maintenance you will use UBER. Instead of buying a normal sized house you will get a tiny house. Instead of having a family you might get married and decide to not have kids.

In the 1950s it was a big deal to go to a movie. You might go to two or three a year. But then you would also go to the school play, you would go to the school carnival, you might go see the circus, you would go to the basketball games and football games at the school. There was plenty of entertainment, but it was almost all with your community, your school and church. Yes, movies are cheaper and as a result you have replaced real human interaction with fake human interaction. It is like Plastic community.

 

[ZNP]

Interesting history lesson comparing today to 1950

⚡ALERT: INFLATION is about to EXPLODE! The Next Great DEPRESSION is COMING!

When I listen to him go through this history lesson I am reminded of Samson. He was taken to a big temple for a sacrifice to Dagon. He pushed out two pillars and it caused the entire temple to collapse. This is what he is painting a picture of, how if these two pillars are pushed out the entire world's economy collapses.

 

[ZNP]

The Canary in the coal mine

Housing Prices Near Beijing Fell 90%, While Xiamen’s Rich Struggle to Afford Fuel for Luxury Cars

 

[Lynx]

Just checking in to make sure you are still going strong.

For the record you have already used that "canary in the coal mine" line, in this very thread.

 

[ZNP]

Just checking in to make sure you are still going strong.

For the record you have already used that "canary in the coal mine" line, in this very thread.

Housing prices in certain cities of China fall 90%, that should be a warning to everyone. Anyone paying attention can see that international trade is beginning to fall apart with draconian tariffs and threats of tariffs and tariffs on the verge of being implemented. BRICS has their ten kings and control over 50% of the earth's population, that is a legitimate threat to the US dollar. Hence we are seeing a war in Ukraine and the Mideast with threats of China invading Taiwan. Inflation has been through the roof, there are signs that the US housing market is also on the verge of a crisis, the car market is in a crisis and many banks are on the verge of bankruptcy.

Could everything turn around? Well before you can even answer that question you have to answer others.

For example,

1. Will Russia, Iran and China agree to be subservient to the US dollar? No.

so then

2. Can the US crush the BRICS attempt at an alternate currency like they have done to previous efforts? No.

Sanctions are not working and on the contrary are pushing countries towards BRICS.

So then

3. Can the US blow up the BRICS alliance by manipulating the price of gold?

This appears to be the path that Trump has taken. Yes, the US can manipulate the price of gold and silver by taking physical possession and with Fort Knox they are perfectly positioned to do that and with $36 trillion in US debt they are perfectly position to exchange $1 trillion in gold for $1 trillion in US debt crashing the gold market after they have pumped it up. But at what cost? This will make trades in gold backed securities extremely volatile and be very damaging to 50% of the world's trade at a time when the rest of the world is on the brink of collapse. My guess is that this will not cause the rest of the world to come back to the US on bended knee, rather it will cause them to decide that defending their people requires they go to war with the US.

4. Is the US vulnerable to attack? Yes. One EMP 200 miles above the continental US would take out our entire power grid. Or taking out ten substations could also bring down the entire electric grid of the continental US. Without electricity the entire US economy collapses.

Most of these substations are not defended, they are "hidden" in buildings designed to look like an apartment building or office building. Since many of these transformers are bought from China they know where they are located, nor is it hard to find out where they are located. A gang of ten men with a little C4 or even TNT could easily take out a substation. 100 men could easily take out ten of them. Better yet, in the case that a few fail in their mission 200 men could take out 20 substations.

The attack on the US will be horrific with tens of millions of people dying. Before you can do that you have to demonstrate to the world that you had no choice. Trump's manipulating the gold and silver market does that, as does his aid to Ukraine bombing Russia as well as seizing Russian assets in the US to pay for the Ukraines war against Russia. Israel's destruction of Gaza will convince 1 billion Muslims. Tariffs on China will convince the Chinese.

 

[Lynx]

Housing prices in certain cities of China fall 90%, that should be a warning to everyone. Anyone paying attention can see that international trade is beginning to fall apart with draconian tariffs and threats of tariffs and tariffs on the verge of being implemented. BRICS has their ten kings and control over 50% of the earth's population, that is a legitimate threat to the US dollar. Hence we are seeing a war in Ukraine and the Mideast with threats of China invading Taiwan. Inflation has been through the roof, there are signs that the US housing market is also on the verge of a crisis, the car market is in a crisis and many banks are on the verge of bankruptcy.

Could everything turn around? Well before you can even answer that question you have to answer others.

For example,

1. Will Russia, Iran and China agree to be subservient to the US dollar? No.

so then

2. Can the US crush the BRICS attempt at an alternate currency like they have done to previous efforts? No.

Sanctions are not working and on the contrary are pushing countries towards BRICS.

So then

3. Can the US blow up the BRICS alliance by manipulating the price of gold?

This appears to be the path that Trump has taken. Yes, the US can manipulate the price of gold and silver by taking physical possession and with Fort Knox they are perfectly positioned to do that and with $36 trillion in US debt they are perfectly position to exchange $1 trillion in gold for $1 trillion in US debt crashing the gold market after they have pumped it up. But at what cost? This will make trades in gold backed securities extremely volatile and be very damaging to 50% of the world's trade at a time when the rest of the world is on the brink of collapse. My guess is that this will not cause the rest of the world to come back to the US on bended knee, rather it will cause them to decide that defending their people requires they go to war with the US.

4. Is the US vulnerable to attack? Yes. One EMP 200 miles above the continental US would take out our entire power grid. Or taking out ten substations could also bring down the entire electric grid of the continental US. Without electricity the entire US economy collapses.

Most of these substations are not defended, they are "hidden" in buildings designed to look like an apartment building or office building. Since many of these transformers are bought from China they know where they are located, nor is it hard to find out where they are located. A gang of ten men with a little C4 or even TNT could easily take out a substation. 100 men could easily take out ten of them. Better yet, in the case that a few fail in their mission 200 men could take out 20 substations.

The attack on the US will be horrific with tens of millions of people dying. Before you can do that you have to demonstrate to the world that you had no choice. Trump's manipulating the gold and silver market does that, as does his aid to Ukraine bombing Russia as well as seizing Russian assets in the US to pay for the Ukraines war against Russia. Israel's destruction of Gaza will convince 1 billion Muslims. Tariffs on China will convince the Chinese.

Yeah you're doing just fine. No worries about you getting tired any time soon.

 

[ZNP]

Yeah you're doing just fine. No worries about you getting tired any time soon.

You bet, when I started this thread gold was selling at $1700 an ounce. Today it is at $2900. That is a 70% increase. Silver has also had a similar increase. As a result anyone could have prepared and should be thankful for the advice. Now that we are looking at a short squeeze on gold the price of gold could very possibly rise 3x. Not only so but the ratio of the price of Gold to Silver is almost 90:1 whereas a normal ratio is 9:1, so it is also quite possible that silver could rise 30x.

You are all welcome for the free advice and heads up with plenty of time for everyone to act.

 

[Lynx]

So that was the defense of the boy who cried wolf. He was giving them plenty of time.

 

[ZNP]

https://www.foxbusiness.com/markets/jpmorgan-chase-reportedly-start-rounds-layoffs

JPMorgan Chase reportedly to start rounds of layoffs


https://nypost.com/2025/02/12/business/chevron-slashing-up-to-8k-jobs-in-major-revamp-of-oil-giant/

Chevron slashing up to 8K jobs — as much as 20% of workforce — in major revamp of oil giant

https://www.theepochtimes.com/us/75...oReport&src_src=partner&src_cmp=BonginoReport

75,000 Federal Workers Accepted Buyout Offer Before Deadline Closed

 

[ZNP]

Trump admin tells federal agencies to fire probationary employees

Think about all the Federal employees who have taken the buyout or are getting fired, the result is that those who are left behind are going to get very stressed and so there should be plenty of opportunities to write them up. I imagine they will be turning the screws on the employees. Bloomberg did this, he felt at any given time you should be able to fire 10% of the workers. So you instruct managers that 10% of your workers need to be given the lowest rating on their annual reviews to set them up for firing. I saw this as a teacher in NYC, they can make life miserable for anyone they want to make miserable.

 

[ZNP]

Department of Veterans Affairs Fires Over 1,000 Employees
Some of the terminated workers were on probationary status.

https://www.theepochtimes.com/us/de...oReport&src_src=partner&src_cmp=BonginoReport

Please note, all these federal layoffs have nothing to do with DOGE finding wasteful spending. When they cut off $2.5 Trillion in wasteful spending it will without any doubt cause many people to lose their jobs. So the layoffs are about to become much more severe. If every $1 million impacts 1 job, then $2.5 trillion will impact 2.5 million jobs.

 

[ZNP]

Minnesota companies reporting layoffs across state in 2025

Thousands of employees from Silicon Valley-based Meta to be laid off, company says

Mass General Brigham to carry out layoffs

Donald Trump administration begins mass layoffs

 

[ZNP]

Google Fires Almost 30,000 Workers