Russia drops the petro dollar.

The problem is the debt cycle. All of the material problems from the 08 crisis still exist, and in fact have been exacerbated by the remedial actions of the West -- mainly the QE.

Ours is a very unusual time. Quality is a bigger problem than quantity for the first time in history ie, macronutrient starvation is eradicated but micornutrient starvation is at an all time high.

The foundation of the post war West is resting on the equality assumption that violates all laws of nature, which is basically that all groups are equal in abilities, wants and deficits. This assumption can only be sustained with massive expenditure and at some point an unsusaintable ideology like ours will collapse under its own weight after trading partners will no longer trade with us because they don't believe they will be repaid.

The debt of the West already exceeds our ability to repay it. The machinations at the ECB are basically doomed because no amount of central bank policy can make the debt load repayable. Perception is everything with fiat currency so no one can say when the cracks in the system will cause a total collapse. But the cracks are spreading.

2008 was a small preview of what can happen. The BIG one may still be decades away. The cause of 2008, at its most base, is the idea that heretofore accepted laws of the universe aren't laws at all and are better understood as prejucides. This is the bedrock principle of keynesian economics and postmodernism generally.

In the end though the laws don't care that we don't believe in them anymore, if they are laws we must abide them. No exceptions.

This may sound too tin foil hat, so be it. I wish we were in a nice stable time or reasonableness. However, wishing for a thing does not make it so.
 
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Not sure, but maybe there's a correlation there. The US can't be worried about another Cuban Missile Crisis though. If Russia wants to nuke the US, they don't need Cuba any more. ICBMs are a tad more advanced then they were in the 60s.

Still the US knows Russia is cuba's closest partner. Allowing US travel to cuba via direct flight was just a way to slap Russia in the face. Just trying to provoke some sort of blow back.

Kind of like when obama was trying to win over Brazil after implementing the communist party.. People don't remember that far back though. Most don't understand that the ruling parties in cuba and brazil are linked.

Remember when this trash mouth loser said he would respond to every petition? https://petitions.whitehouse.gov/pe...brazil-promoted-administration-dilma/V2Y8Dpqm

That got 100k and yet no news or even a word about the terrorist / communist takeover.. November was ages ago though. lol. Not to forget the oil deals that were attempted prior to the communist rule.
 
idk bro, I mean they do find new cures to cancer like 5 times a week maybe they could be right?

I'll never understand why anarchists/libertarians/doomsday constantly fantasize about the "collapse of the United States" as if they would fare any better with their 2 week supply of canned corn, water, and iodine supplements. Currency swaps are an everyday occurrence and just because 2 governments agree to one doesn't mean it's the end of trade in the USD. Kevin O'Leary puts it nicely:

Conch Shack and currency tradingQT - YouTube

"It doesn't matter what a politician says or an investment banker says, it's what Rayon thinks and what the cab drivers do"

The USD won't always be king, but it's hard to see any other currency replacing it in international trade anytime soon.

China and Russia have a currency swap? Go find me a Chinese supplier who wants to be paid in rubles or a Russian affiliate who wants to be paid in Yuan.

I'll wait...

Haha good point.

The future's probably going to be a lot better than everyone thinks.

All the fear-mongering is predictable though, considering WickedFire's a haven for right-wingers.

There is by now evidence from a variety of laboratories around the world using a variety of methodological techniques leading to the virtually inescapable conclusion that the cognitive-motivational styles of leftists and rightists are quite different. This research consistently finds that conservatism is positively associated with heightened epistemic concerns for order, structure, closure, certainty, consistency, simplicity, and familiarity, as well as existential concerns such as perceptions of danger, sensitivity to threat, and death anxiety.

Source.

When I hang around leftist forums or people, there's a noticeable decrease in fear-mongering.

Lefties aren't worried about America's impending doom so much as they're fixated on contrived social issues. Consequently, most of their bitching and whining is simply a manifestation of their secret need to feel important and "special." Low self-esteem, for sure.

Idk... just funny to spot these predictable patterns.
 
When I hang around leftist forums or people, there's a noticeable decrease in fear-mongering.

Really? Because I could have sworn the whole earth would be underwater by now thanks to global warming, that we would have no food due to acid rain, that big companies would have turned all of their workers into slaves, etc.

There's alarmists on all sides. When you don't see them, you're suffering from confirmation bias.
 
Really? Because I could have sworn the whole earth would be underwater by now thanks to global warming, that we would have no food due to acid rain, that big companies would have turned all of their workers into slaves, etc.

There's alarmists on all sides. When you don't see them, you're suffering from confirmation bias.

Okay. I don't see how naming a few examples of leftist alarmism proves that fear-mongering is as rampant on the left as it is on the right. My entire point is the DEGREE to which the right fear-mongers is much higher than the left. I wasn't being an absolutist.

Just the fact there are highly profitable niches based on right-wing fear mongering proves my point (survival packs, "off-the-grid" infoproducts, fraudulent "doomsday" financial advice, etc).

Because I could have sworn the whole earth would be underwater by now thanks to global warming

The only reason the right hasn't jumped on this bandwagon is because the left is using it as an excuse for bigger government.

The right's (justified, IMO) fear of freedom-squashing government mandates outweighs their fear of man-made environmental destruction.

You see this in their pathetic attempts to deny something the vast majority of experts all agree on. They conflate the existence of climate change with impending government tyranny, so they feel the need to debunk the former in order to stop the latter from happening (I actually caught myself doing this...).


that big companies would have turned all of their workers into slaves

^Contrived social issue fixation. They're not scared so much as they just need an underdog to root for so they feel validated.
 
When I hang around leftist forums or people, there's a noticeable decrease in fear-mongering.

Lefties aren't worried about America's impending doom so much as they're fixated on contrived social issues.
Well, as the old stereotype says, these are fears of economics and lefties are notorious for a poor grasp of the basic principles of economics -- see here, studies!.

In the end, I will quote John Hussman:
"You have to decide whether to look like an idiot before the crash or an idiot after it.”


I am all in on the before. So this will be I told you so thread. I aint trying to convince nobody that I'm right.
 
Okay. I don't see how naming a few examples of leftist alarmism proves that fear-mongering is as rampant on the left as it is on the right.

I just didn't feel like making my list as long as my arm. I could have included all of the bullshit alarmist propaganda about omgracizms, womyns make no moneys, AAAHHHH White Privilege!!1!!1, all of our trees are disappearing, thousands of animals are going extinct every year, and on and on and on - but why bother? If you don't see it, it doesn't exist.

Just the fact there are highly profitable niches based on right-wing fear mongering proves my point (survival packs, "off-the-grid" infoproducts, fraudulent "doomsday" financial advice, etc).

Yeah certainly no money to be made by being alarmist on climate, race, gender and all these other favorites of the Huffpo crowd. Certainly not billions in government funding to be had by inventing, and then studying "problems". No money in selling millions of eyeballs to advertisers on MSNBC.

There's no difference, you just think there is.

Also, I think you're lumping in libertarians and anarchists with "the right wing" for some reason.
 
I just didn't feel like making my list as long as my arm. I could have included all of the bullshit alarmist propaganda about omgracizms, womyns make no moneys, AAAHHHH White Privilege!!1!!1, all of our trees are disappearing, thousands of animals are going extinct every year, and on and on and on - but why bother? If you don't see it, it doesn't exist.
.

I see it, but it's not fear mongering (with the exception of climate change).

It's outrage at perceived social injustic. Their outrage comes from a place of hollow moral authority. Leftists over-identify with victimhood. What's worse, the left isn't interested in solving problems. They're interested in looking like they care. They want the emotional high of being a moral crusader without doing any research or making sacrifices. Those with less shame use "social injustice" narratives to seek special treatment.


Yeah certainly no money to be made by being alarmist on climate, race, gender and all these other favorites of the Huffpo crowd. Certainly not billions in government funding to be had by inventing, and then studying "problems". No money in selling millions of eyeballs to advertisers on MSNBC.

There's no difference, you just think there is.

Don't be dense. The advertising money left-wing newspapers and blogs make is from promulgating outrage porn. They incite moral outrage from liberals, insult the sensibilities of conservatives (or just moderate, rational people), and cause viral uproar.

It's not fear based, most of the time. Likewise, those who gain from leftist nonsense politically aren't even in the same category as someone who buys a product out of fear. A research department looking for a bigger budget is a far cry from some rural dumbass who spends $200 on an infoproduct because the sales page told him Obama's planning a tyrannical takeover once dollar crashes next year and the only way he can escape the devestation is with this one weird trick.

You can't sell a leftist a comparable fear-based product that plays on her political leanings. That's my point.

Also, I think you're lumping in libertarians and anarchists with "the right wing" for some reason

Nope, I'm talking centre-right. Pro-market, pro-capitalism, culturally conservative, against immigration, pro-gun, anti-regulation (in most cases), and belief in a strong military (or even hawkish).
 
A research department looking for a bigger budget is a far cry from some rural dumbass who spends $200 on an infoproduct because the sales page told him Obama's planning a tyrannical takeover once dollar crashes next year and the only way he can escape the devestation is with this one weird trick.

I guess I'm more concerned about the first one, since that means more taxes I have to pay, whereas the dumbass spending $200 on survival kits from Glenn Beck is spending his own money and not impacting me personally. I'm a little surprised you don't see the difference.

Nope, I'm talking centre-right. Pro-market, pro-capitalism, culturally conservative, against immigration, pro-gun, anti-regulation (in most cases), and belief in a strong military (or even hawkish).

I haven't seen too many culturally conservative, hawkish motherfuckers here on Wickedfire, so what are you talking about?
 
I guess I'm more concerned about the first one, since that means more taxes I have to pay, whereas the dumbass spending $200 on survival kits from Glenn Beck is spending his own money and not impacting me personally. I'm a little surprised you don't see the difference.

I'm not concerned with anyone buying infoproducts. Nor do I like my tax dollars going to bullshit (and it's all 95% bullshit).

What's your point bro? Or did you miss mine entirely? I'm just making observations about some fundamental (and relatively unnoticed) differences between people on opposite ends of the political spectrum.

Why are you getting so defensive?

I haven't seen too many culturally conservative, hawkish motherfuckers here on Wickedfire, so what are you talking about?

They're close enough on the political spectrum (myself included). Close enough to get sucked into the doom-and-gloom, politically-based fear mongering. Also, a lot of members here are more "right" than your typical Republican when it comes to economics, race relations, and multiculturalism.

"Oh no, in 10 years, the dollar will crash and we'll all die in WW3! It's game over man"

Silly alarmists. I give it 40 years. lol ;)
 
If you don't like the source, go to news.google.com and search... there's tons of articles about it.

If you really have a better (even slightly more credible) source, why not post it? The source you've posted seems worse than FoxNews...and that's saying something.
 
I'm just making observations about some fundamental (and relatively unnoticed) differences between people on opposite ends of the political spectrum.

Why are you getting so defensive?

I'm not a Republican, so there's nothing for me to get defensive about. I'm just trying to help you see that the same alarmists you worry yourself about on the right, exist on the left. The only difference is they use different boogeymen.

And saying that Wickedfire is some kind of bastion of the right wing is just silly. Calling out Obama and his fucking slimeball criminal sidekicks doesn't make people right wing.
 
And saying that Wickedfire is some kind of bastion of the right wing is just silly. Calling out Obama and his fucking slimeball criminal sidekicks doesn't make people right wing.

No, but wishing all Muslims en-masse would be deported from our home countries tends to lean right-wing. :)
 
yeah russia strong, price of oil goes to $20 - people start eating earth and tree bark over there. definitely a country that's fit to compete on equal terms with USA. lel.