I am starting to put together as much money as I can, this year is going to be financial economic chaos, everyone better get ready, the good thing is that we are very close to entering the age of aquarius.
Invictus said:...
I guess with the fed planning on raising interests rates a few times throughout the year, the crash might go on a bit longer.
Master said:Instead of cryptocurrencies, how about paper and metal money with chips inside that contain cryptocurrencies that match in the banks' databases?
HP. Hoodedcobra666 said:Master said:Instead of cryptocurrencies, how about paper and metal money with chips inside that contain cryptocurrencies that match in the banks' databases?
Crypto is the place where people can lose their fortunes or if they know what they are doing, make one. Currently this space is undergoing a change that many don't want to accept as they have memories from previous years where it was different.
Oftentimes people have no clue whatsoever what they are doing, they just buy something and hope it goes to 1 trillion or something. These people become cannon fodder for those who know.
Most Crypto people are only kids who got money once in their life and think they know everything now. They are gullible and experienced market people can manipulate them to no end.
Generally, most people lose there. The safest method in this is to buy, keep buying, and not selling, over extended periods of time and on trusted projects. Think longterm.
It's not something people will sit into if elongated periods of chaos break in. If seriously negative unforeseen events happen, people will evacuate these places, as nobody really relies on these.
It's good to have a little of one's net worth there, or allocate as one can handle risk and what one can afford to see vanishing. Gold, Silver, etc, people will sit into even in crisis.
About more serious investments, metals are good, necessary minerals [best to buy before crisis does arise], buying into "Essential" companies that would even survive a crash but go upwards and so on. Not investment advice, do your research.
It is almost certain that the FED will raise rates within the year 2022. If no measures are taken at all, it might be due to Biden wanting to ruin the economy only to try to get a better term, handing it broken to the next successor, hoping it will be someone else.
If Biden's election is certain, they will try to repair it within reasonable limits with raising and lower rates through the next year or so. That will be good for the longterm and necessary to balance the economy after the Co-Vid bullshit fake money printing.
This will have an effect of the economy and potentially drive certain stocks down. Cash or ready for deployment money, is also relatively safe despite of what billionaires say, without liquid assets and liquidity, you will be a wanker. You cannot eat stocks or crypto.
Not financial advice.
HP. Hoodedcobra666 said:The major negative of Crypto is that if anything was to ever happen to the electricity grid or some major catastrophic event, you are still back to the stone age. There are many things into this. It's a more advanced way of payments and more developed for sure, for better or for worse.
Neophyte said:HP. Hoodedcobra666 said:The major negative of Crypto is that if anything was to ever happen to the electricity grid or some major catastrophic event, you are still back to the stone age. There are many things into this. It's a more advanced way of payments and more developed for sure, for better or for worse.
If anything happens to electricity grid we are going back to stone age no matter what currency we are using - a lot of people keep their money in banks anyway, so they will not have cash at hand. But money is the last problem in times like those. There won't be much clean water, if there is any water at all as without power, filters and pumps won't work.
Nimrod33 said:So, we'll live soon in Soylent Green, the movie that in some country is named 2022: The Survivors? (Note the international title).
HP. Hoodedcobra666 said:Nimrod33 said:So, we'll live soon in Soylent Green, the movie that in some country is named 2022: The Survivors? (Note the international title).
Haven't seen this movie. I receive from the title it's some sort of dystopian situation?
Well, we'll do our part not to.
HP. Hoodedcobra666 said:Nimrod33 said:So, we'll live soon in Soylent Green, the movie that in some country is named 2022: The Survivors? (Note the international title).
Haven't seen this movie. I receive from the title it's some sort of dystopian situation?
Well, we'll do our part not to.
Maxine has commented about it, basically a future in which most people are mongrels[race mixed], and meat is basically a complete rarity, the most eaten food is called soylent green which Is all vegetables and the main protagonist finds out that soylent green is made of people and he's then put in a mental hospital because of finding out these truths and sharing them.HP. Hoodedcobra666 said:Nimrod33 said:So, we'll live soon in Soylent Green, the movie that in some country is named 2022: The Survivors? (Note the international title).
Haven't seen this movie. I receive from the title it's some sort of dystopian situation?
Well, we'll do our part not to.
Nimrod33 said:HP. Hoodedcobra666 said:Nimrod33 said:So, we'll live soon in Soylent Green, the movie that in some country is named 2022: The Survivors? (Note the international title).
Haven't seen this movie. I receive from the title it's some sort of dystopian situation?
Well, we'll do our part not to.
I have read from some old sermons from Maxine that she apparently knew about it. Anyway, yes, it is a dystopian movie. And the situation is very bad in that universe: cities are overpopulated, pollution is everywhere, most people are poor, electricity is almost gone and natural food has almost been replaced by the Soylents (cubes that contains soy and lentils). I have only watched half of it, but it is a very scary reality that we could end up in it if we don't fight for preventing it.
HP. Hoodedcobra666 said:When the Yehuborim were attempting to take down Rome, they had a vizier to a Roman Emperor [infiltrator Yehubor] and this Yehubor was creating a well machinated famine to wrestle the Roman Emperor to do his will and manipulate him in wars and stealing of the Roman Treasury.
Other Yehuborim were going to sell grain to Rome at excessive prices, and they also almost took down the Emperor by artificial famine. Eventually the constructors of this hoax, were found out and they were executed, but quite a while after the Yehubor had almost manifest his plan. Damage was already caused. The Emperor was already hated, even by many of his own people.