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Author Topic: I see an economic diasater coming...  (Read 1440801 times)

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4350 on: March 09, 2017, 01:30:51 AM »
Aye, things are getting might weird.  Can't say that I blame China.
They are well aware of what is coming:
Should We Ourselves Brace for March 15?
       Well!   I didn't actually know all those things occurred on the 15th of March.   Really.

But, you forgot one:
       The "Ides of March"
https://en.wikipedia.org/wiki/Ides_of_March

       Now, I really believe you.   My literary addition above was sparked and initiated by the mere remembrance of the date.   Add one more to the list.

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4351 on: March 09, 2017, 09:59:51 PM »
Everyone,
       There's something else I saw today...

http://money.cnn.com/2017/03/09/investing/retail-bubble-amazon-urban-outfitters-ceo/index.html?iid=hp-toplead-dom

       Now, I see this as true:  Stores are closing randomly and their empty venues sit empty for months and months.   I'm seeing this more and more often.   That's why this thread is here and it's one of the longer ones on the hosting site,  www.overunity.com .

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4352 on: March 15, 2017, 10:48:16 PM »
       Well!   I didn't actually know all those things occurred on the 15th of March.   Really.

But, you forgot one:
       The "Ides of March"
https://en.wikipedia.org/wiki/Ides_of_March

       Now, I really believe you.   My literary addition above was sparked and initiated by the mere remembrance of the date.   Add one more to the list.

--Lee
       Maybe the Doomsayers were right...???  (this was actually 3 question marks---but the smiley is still okay)

http://www.zerohedge.com/news/2016-12-15/china-halts-trading-bond-futures-after-record-bond-market-crash

My question now is:  Does this or does it not continue?
       March 15 (today, as of this writing), is supposed to be some kind of day of reckoning, but obviously we'll see in the future.

More of the same news:

http://www.marketwatch.com/story/chinas-stock-market-crash-is-just-beginning-2015-07-08

--Lee

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4353 on: March 25, 2017, 12:23:14 AM »
Hey Guys,
       Just to let you know (JTLYK),
Radio Shack in 'throwing in the towel', so to speak, and they're selling everything in their stores at 10-30+% on all items in stock.   Then they're quitting business and not coming back.

       Have any of you see their stores?   triffid lives/lived in the St. Louis area, and I know the city is big enough to have a Radio Shack store.
       And, JTLYK, a Radio Shack store manager told me once that buying the electronic components for an atom bomb would get you put on a Gov't list and they (MIB's?) would drop by your house, at the very least.   The manager didn't tell me what those components were.   I'm not interested in the subject, anyway.

       I can't think of anything like Radio Shack in the retail sector of the economy to replace radio Shack.   Grainger and Mouser are OEM suppliers, but it would help to buy in volume from them.
       Other than that, the economy is doing what it's doing.   I see business close about once a week.   It didn't used to be like that.

--Lee

triffid

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Re: I see an economic diasater coming...
« Reply #4354 on: April 10, 2017, 04:18:53 PM »
Sorry,I haven't been here in a while.Radio Shack did go out of business here in the St.Louis area.At least the two stores I knew about did.But Harbor Freight still sells wires with both alligator clips on them.I have a Harbor Freight to go to.The last two months(feb and march) were bad months for retail.About thirty thousand jobs per month lost.I still see Gold going up to five thousand an ounce.About 1250 dollars/oz right now.Paper money vs gold has always lost value.
I did make out like a bandit on one radio shack sale .About 12 dollars on over a thousand dollars worth of parts.About two years ago.That was on leds,connectors,capacitors,and resistors.I was in the right place at the right time.10 dollars a big bag was the deal that day.triffid

triffid

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Re: I see an economic diasater coming...
« Reply #4355 on: April 10, 2017, 04:20:28 PM »
I'm glad Trump ordered a strike on Syria.About five years too late!
triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4356 on: April 21, 2017, 01:43:46 AM »
I'm glad Trump ordered a strike on Syria.About five years too late!
triffid
triffid,
       Well, I'd say the N. Koreans are worse than the Russians or Chinese.   AND there's an American Navy task force heading their way, as I write.   Doesn't look good.

--Lee

triffid

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Re: I see an economic diasater coming...
« Reply #4357 on: May 04, 2017, 03:50:50 PM »
I agree,it doesn't look good at all.I guess Trump doesn't look too good saying he's willing to meet face to face with the North Korean leader.triffid

triffid

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Re: I see an economic diasater coming...
« Reply #4358 on: May 04, 2017, 04:00:48 PM »

I may have to change  my opinion on gold.I read from a book by Dave Ramsey that Gold is not a way out of a crisis.You can't eat gold.A can of beans may be better barter goods than gold coins.Almost no one takes gold coins for payment despite popular belief.
Still I wouldn't mind owning some. triffid






Better forget those bitcoins.You would do better picking up 3 pennies up off the street per day.81,000 of the lesser coins (Satoshi) equals one dollar right now.1250 dollars equals one lousy bitcoin right now.These quotes are a few days old.Im sure nothing has really changed in that time.

Dog-One

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Re: I see an economic diasater coming...
« Reply #4359 on: May 05, 2017, 02:34:36 AM »
I may have to change  my opinion on gold.I read from a book by Dave Ramsey that Gold is not a way out of a crisis.You can't eat gold.A can of beans may be better barter goods than gold coins.

Not only can you not eat it, the stuff is heavy--not good if you find yourself on the move.

triffid

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Re: I see an economic diasater coming...
« Reply #4360 on: May 11, 2017, 03:32:35 PM »
Dave Ramsey did say that about gold in his book "Total Money Makeover".Says gold coins are not used (for trade)in a crisis.Some government just issues new paper money.And since the common people have little choice in the matter the new money is what they use.triffid

triffid

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Re: I see an economic diasater coming...
« Reply #4361 on: May 11, 2017, 03:54:21 PM »
Last year took a devastating toll on the retail industry and the carnage will continue in 2017. A number of chains will likely not survive the year and many that do will finish 2017 smaller than before.This includes J.C. Penny and Sears.triffid

profitis

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Re: I see an economic diasater coming...
« Reply #4362 on: June 21, 2017, 08:15:02 AM »
The brics need to come off that dollar,away from it

triffid

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Re: I see an economic diasater coming...
« Reply #4363 on: August 12, 2017, 07:02:34 PM »
I haven't been here a while.Looks like Trump is doing something with North Korea like he said he would in a book he wrote on what he would do if he were president (cc.2000).Nukes aren't the only things to worry about.triffid

the_big_m_in_ok

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Re: I see an economic diasater coming...
« Reply #4364 on: October 06, 2017, 12:55:52 AM »
I haven't been here a while.
       Hey triffid,
I haven't been here in a while, and I started this thread.
       Tell you what, I'll upload this to Overunity, from overunityresearch.com:

http://www.overunityresearch.com/index.php?topic=1002.0

       I'm glad to see the thread is still getting views.   BTW, I've just about determined, theoretically, that 7 times the wattage of solar  cells/panels  will maintain a charge on a battery (set of) essentially forever.   the more the better, though.





Quote
Looks like Trump is doing something with North Korea like he said he would in a book he wrote on what he would do if he were president (cc.2000).

       Yeah, but a news report recently indicated that 1/2 of the country doesn't think he deserves to be President.
He's kinda outnumbered by nay-sayers.




Quote
Nukes aren't the only things to worry about.triffid

       Right.   the economy is still going by mostly human Free Will and the money-shifting games power brokers are playing, IMHO.
       I could say it'll all end, but I do say, I don't know when.

--Lee