The Greatest depression is coming, are you ready?

  • Christian Chat is a moderated online Christian community allowing Christians around the world to fellowship with each other in real time chat via webcam, voice, and text, with the Christian Chat app. You can also start or participate in a Bible-based discussion here in the Christian Chat Forums, where members can also share with each other their own videos, pictures, or favorite Christian music.

    If you are a Christian and need encouragement and fellowship, we're here for you! If you are not a Christian but interested in knowing more about Jesus our Lord, you're also welcome! Want to know what the Bible says, and how you can apply it to your life? Join us!

    To make new Christian friends now around the world, click here to join Christian Chat.

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
The director of a hospital in Shandong announced a hunger strike after not being paid for 8 months

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Consider what we know is happening and put all the pieces together.

1. China is threatening the US dollar as reserve currency by doing a trade with the UAE that was not in dollars.

2. China is threatening Taiwan.

3. FBI says China is threatening the US with Cyber attacks.

Therefore it is reasonable to assume the US also is responding in kind.

4. Banks have closed, gone bankrupt or refused to pay people their money in China

5. Evergrande and other property developers are bankrupt and will cause the value of property to drop.

6. We can see ghost cities where the businesses have shut down.

7. In many cities they estimate 50% unemployment

8. Hospitals not paying staff for 8 months.

9. Foreign businesses and investors are pulling out of China

10. There is political and social pressure to leave China

Put all this together and we have proof of economic war and this is based on the fact that we can replace many factories in China with 3d printers, machine learning, robots, and AI. As a result countries can manufacture faster, cheaper, safer and better than they could with China.
 
Jan 30, 2024
92
60
18
Warning: this is what happens when the economy collapses, this is what is coming to the US, this content may be offensive.

The Chinese Economy Really is THIS BAD!

Heart Breaking, We can only pray it doesn't come to that here. But God doesn't promise the USA will always be here. All we can do for now it educate ourselves and pray.
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Understanding how the price of silver and gold is manipulated

There are 390 ounces of "paper" silver being traded for every ounce of silver and 119 ounces of "paper" gold being traded for every ounce of gold.

So if you had to switch to silver or gold as a currency 389 people will get nothing and one person will get it all.

The problem is no one wants to hold physical silver and gold because a thief can steal that. But when you need it, then all those trading paper will get nothing, while those who have the physical metal will see the value skyrocket.
It is stunning how brazen they are with this theft. So let's everyone understand what their plan is.

1. Silver is kept cheap so that computers, solar panels and electric cars can be cheap. However, this allows people to buy silver as an investment cheap. But no one wants to take possession of physical silver because you need a safe and you are now open to thieves breaking in and robbing you. So instead they trade silver through a brokerage account. For every 390 ounces that people think they own there is 1 ounce of silver. So what happens when the government institutes Fed Now, eliminates cash and goes to a digital currency. If at that time you want to switch to using silver instead you won't be able to. All those people who think they own silver on paper will not be able to redeem it, they'll be out of luck.

But what about those who bought the silver or gold or some other metal and stacked it? They know who you are, they know who sells silver and gold, they can see your checks and purchases, and they will come in house to house and gather up that silver and gold. Think about what they did to the Jews. They will make it illegal to own physical silver because they will blame those with silver for the "shortage". Then they move you to a "15 minute" city. This makes it difficult to move your stuff, but even if you accomplish that the day will come when you are to get on a train with one suitcase which they will "check in" when you board, they'll rifle through it, and then when you are beheaded they'll be able to find anything else you may have. With their drones there will be no way to hide, at least not for long. You might be able to hide out in the hills for a few months or even a year, but in the end they'll catch you.

Silver and gold will be of temporary value, perhaps for three years, most likely for less than that.
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Beijing, Shenzhen Deserted; Even the Strongest Province Collapses, China’s Great Depression Arrives

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
I think the biggest factor is 3d printing. For example, Adidas no longer has a factory in china, if you want to order sneakers you go online, you tell them what size you want, you pick the color, the style, etc. That order is made by a 3d printer making the sole of the sneaker and another machine then making the top. They save the cost to ship it here from China, they don't have to pay labor, they don't have to pay import tax, and they don't have to store the sneakers in warehouses or retail outlets. Customers get exactly what they want, they get it faster and they get it cheaper (as much as 40% cheaper).

So you are seeing the impact of AI (machine learning) on China, but that will hit the whole globe. Stock market is up because this is cheaper, faster, safer and better. But for China we are talking about economic catastrophe.

They may argue that China has been acting tyrannical so anyone who can leave is leaving or has left. There is political pressure, social pressure, etc. but I am guessing the real reason is they can make the stuff cheaper in the US or in Europe.

However, China is part of BRICS and that is an attack on the US dollar being the reserve currency, we are at war with China, and I suspect behind the scenes the US is doing whatever they can to make China subservient just as China is doing whatever they can to fight against the US (for example cyberattacks which the FBI referred to yesterday).
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
🔴 MASSIVE LAYOFFS ALERT: 136% Surge in U.S. Job Cuts Is Just The Beginning

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Used Car Prices CRASH 21% OVERNIGHT | Millions Give Back Keys

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
The wave of bankruptcy of small businesses in China; 200 million people have lost their jobs

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Foreign Capital Offloads Shanghai Office Buildings, Vacancy Rates Hit 60%! Homes Also Unsellable!

 

vassal

Well-known member
Jan 20, 2024
805
345
63
Foreign Capital Offloads Shanghai Office Buildings, Vacancy Rates Hit 60%! Homes Also Unsellable!

History has proven that, when a nation is bankrupt like china is now, they go to war. War is very profitable, china is in my opinion the no 1 threat after the WEF. They have the army and are ready for war.
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
170,000 restaurants in Shanghai have closed.

Great Depression at Last! A Meticulously Planned Astonishing Conspiracy Is Concluding Perfectly

 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Squeezing blood from a stone


Shocking! Chinese Citizens Queue to Sell Blood, Every Household Lacks Funds for New Year’s Goods
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113

BRICS Just SHUTDOWN All Trade To US & UK With Economic Sanctions In Support Of Houthi Rebels!
 

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Banking Crisis: Woman Calls Police to Withdraw $600; Millions in Savings Become $0.1 in 4 Months

 

PennEd

Senior Member
Apr 22, 2013
13,614
9,127
113

ZNP

Well-known member
Sep 14, 2020
37,445
6,915
113
Now you’re actively campaigning for this demon!??

So, so sad.

And the ONLY reason the economy hasn’t totally collapsed is because of the insane money printing.

It only took 100 days for us to go from $33 trillion in debt to $34 trillion in debt.
I believe that Biden can beat that record, lets see how long it takes him to get to 35 trillion.