Page added on January 15, 2018
Will the US Economic Collapse Happen in 2018? The economic forecast for 2018 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2018.
352 Comments on "Prepare For The Imminent Economic Collapse 2018"
MASTERMIND on Mon, 15th Jan 2018 10:12 pm
Greg
The longer that modern industrial society drags on, the worse the consequences will be.
See there it is you nailed it..That is the real reason why you left society. Not because you think you can really survive the collapse but because you are a misanthrope! Your words not mine!
Cloggie on Mon, 15th Jan 2018 10:15 pm
Like most rightwingers today I had a brief period of sympathy with libertarianism. Today I see it as an obsolete movement, pursuying “sound money for brown people” (quip Richard Spencer). This not unsympathetic but talkative libertarian jew Peter Schiff is missing das boat completely, pretending that the economy is the prime motivational factor in American politics today. It isn’t, it’s demographics. The reality is that American society is heading for real drama, from which there is no escape, other than leaving the country.
Cloggie on Mon, 15th Jan 2018 10:24 pm
“Actually I have a 25 inch head. That is one of the reasons I am so genius.“
Millimind, you are a good guy, there is nothing wrong with you. It is not your fault.
https://goo.gl/images/TgZNZt
MASTERMIND on Mon, 15th Jan 2018 10:28 pm
Clogg
It’s the econoy stupid..Just like Schiff says. The entire OECD is in a depression. Europe and the UK are no better off you idiot. We are only increasing our population by 0.24 percent more immigrants a year. You are a just a paranoid and are scared of others…And you want to bitch and complain about immigrants all day long because you think the system is fixable. Which its not and its on its last legs. Stupid people like you and your imbread right wing brothers demand simple answers. They are not capable of complex thoughts. So just tell them the reason the whole world is going to hell is too many immigrants. LOL US illegal migration from Mexico is at a ten year low. because we have been in a depression for the last decade. And since that will never be fixed then we dont have to worry about to many immigrants.
MASTERMIND on Mon, 15th Jan 2018 10:33 pm
Clog
America is adding 0.25 increase in immigrants a year to its total population. And Europe is adding .05 more immigrants to its total population! OMG The liberals believe in open borders! Right wingers are so upset in the USA and Europe about immigrants because they dont know how many people are in their countries to rationalize the numbers and percents. They are just being bombarded by politicians and propaganda telling them to be angry and they are way to fucking stupid and cowardly to question their leaders or propaganda.
MASTERMIND on Mon, 15th Jan 2018 10:34 pm
Hey Clogg “SPOILER ALERT”
UC Davis Study: It Will Take 131 Years to Replace Oil with Alternatives (Malyshkina, 2010)
http://pubs.acs.org/doi/abs/10.1021/es100730q
University of Chicago Study: predicts world economy unlikely to stop relying on fossil fuels (Covert, 2016)
https://www.aeaweb.org/articles?id=10.1257/jep.30.1.117
Fossil Fuel Share of Global Energy since 1990 – BP 2017
https://imgur.com/k7VecMq
Solar and Wind produced less than one percent of total world energy in 2016 – IEA WEO 2017
https://www.iea.org/publications/freepublications/publication/KeyWorld2017.pdf
Mad Kat on Mon, 15th Jan 2018 10:38 pm
“What truly is different about the brains of Tao, Einstein and the other mentioned geniuses is the ability to infuse their brain with more knowledge (by reading, experimenting and failing many times, willingness to keep growing their new areas of expertise) and experience than the average person. Without these characteristics their brain size or gray matter wouldn’t help much. Because knowledge helps learning by bringing faster connections between concepts and new ideas, their brains are better at absorbing information faster and drawing more accurate conclusions than someone who does not bother to read, try to experiment and fail and repeat that process.”
“Gifted with an amazing IQ of 230, Terence Tao makes it to this list of most intelligent people of the world. He is an Australian-born Chinese American mathematician.”
“Christopher Hirata (verified IQ of 225) was genius from his childhood. When just 13, he made waves by getting a gold medal at the international physics Olympiad. At the age of 16, he was working with NASA in its mission of conquering Mars. At the age of 22, he obtained his Ph.D at the Princeton University. Hirata is an authorized child genius. Currently he is teaching astrophysics in the CIT California Institute of Technology.”
“With a verified IQ of 210, Korean civil engineer Ung Yong is considered the master in child prodigy. At the age of 6 months he was able to speak and understand Korean and other languages. At the age of 3 years, he could read several languages already, including; Korean, Japanese, German and English, as well as solve complex calculus problems as exposed live on Japanese television. He was listed in the Guinness Book of World Records under “Highest IQ”.”
https://www.wonderslist.com/10-most-intelligent-people/
Interesting that the top three are of Asian decent. Stupid Asians! LMAO
MASTERMIND on Mon, 15th Jan 2018 10:49 pm
Madkat
You source wonderlist? You never vet your sources you just find anything that argues what you want no matter where it comes from..Remember when you used the CIA fact book to try and argue against me…LOL and you call Americans brainwashed and you site the deep state handbook as your source! LOL the majority of your people are slaves to sweat shops working for pennies..To dumb and conditioned by authoritarian governments to ever be free and develop their countries.
GregT on Mon, 15th Jan 2018 10:50 pm
“You never vet your sources you just find anything that argues what you want no matter where it comes from”
And you make shit up, that isn’t even supported by your sources.
Mad Kat on Mon, 15th Jan 2018 11:23 pm
MM, isn’t the internet wonderful! You can find all kinds of real facts just by typing in a question. I learn more and more about the real world everyday. Try it sometime.
I can smell “real sources”. I don’t need some ivory league snob to think for me. I see and live in the real world. Try it sometime.
MASTERMIND on Mon, 15th Jan 2018 11:32 pm
Greg
we just went though this a minute ago and I showed you sources proving everything I claimed. And you skipped them and then said BRING IT ON! CHEST POUNDING LIKE A GORILLA! If five peer reviewed studies done by top experts all independent of each other isn’t enough to convince you. Then nothing literally ever will.
GregT on Mon, 15th Jan 2018 11:42 pm
“If five peer reviewed studies done by top experts all independent of each other isn’t enough to convince you. Then nothing literally ever will.”
You are nothing more than a childish little troll MM.
MASTERMIND on Mon, 15th Jan 2018 11:52 pm
Greg
Everyone has a plan until they get punched in the face..
-Mike Tyson
Mad Kat on Tue, 16th Jan 2018 12:03 am
“International Gallup and Pew research polls have consistently shown the peoples of the world consider the United States the greatest threat to world peace on the planet.”
“Fifty years ago, Dr. Martin Luther King Jr. stated the obvious: he United States was the greatest purveyor of violence in the world. He also said the public allowing this violence would lead to a kind of national spiritual death that would continue to make the U.S. state a danger to the world.” And to themselves.
https://www.counterpunch.org/2018/01/12/the-responsibility-to-protect-the-world-from-the-united-states/
“They hate us for our freedoms” is the biggest line of pure bullshit I ever heard. The US needs to be put down and now.
Mad Kat on Tue, 16th Jan 2018 12:04 am
You sound like the perfect candidate for that reality awakening, MM.
MASTERMIND on Tue, 16th Jan 2018 12:08 am
Madkat
you sound like a religious self righteous loon. The bad guys need to go down..jesus to many Disney movies and Mormon services for you! muh muh feelings! The bad guys! loL You are so dumb. humans, wolves, chimps, kill each other of different tribes all the time for resources and power. you dont understand nature or biology because you didnt go to college. I did though!
Cloggie on Tue, 16th Jan 2018 12:19 am
UC Davis Study: It Will Take 131 Years to Replace Oil with Alternatives (Malyshkina, 2010)
http://pubs.acs.org/doi/abs/10.1021/es100730q
Is that her?
https://www.avvo.com/attorneys/94104-ca-natalia-malyshkina-4240204.html
I would peer review her alright.
GregT on Tue, 16th Jan 2018 12:24 am
“You sound like the perfect candidate for that reality awakening, MM.”
Nothing more than a useless little troll Mad Kat. Going nowhere, doing nothing, with no future to look forward to.
Cloggie on Tue, 16th Jan 2018 12:27 am
“If five peer reviewed studies done by top experts all independent of each other isn’t enough to convince you. Then nothing literally ever will.”
https://www.youtube.com/watch?v=B-9sf8CF4k0
GregT on Tue, 16th Jan 2018 12:27 am
“I would peer review her alright.”
She’d do a lot more for me without the brown roots.
MASTERMIND on Tue, 16th Jan 2018 12:35 am
if you read that whole study clogg it says global oil production will peak by 2020 and all oil reserves will be gone by 2041.
MASTERMIND on Tue, 16th Jan 2018 12:36 am
Greg
I bet you would peer review just about any woman who accpet your paranoid prepper misanthrope lifestyle..
MASTERMIND on Tue, 16th Jan 2018 12:39 am
Collapse of U.K. Construction Giant Rattles the Government
https://www.nytimes.com/2018/01/15/world/europe/carillion-bankruptcy-outsourcing-britain.html?partner=rss&emc=rss&smid=tw-nytimes&smtyp=cur
UK number two largest 200 year old construction company collapses! The OECD and global economy is collapsing everywhere! And when those oil shortages hit it will reach a tipping point
GregT on Tue, 16th Jan 2018 12:41 am
“I bet you would peer review just about any woman who accpet your paranoid prepper misanthrope lifestyle.”
That doesn’t surprise me in the least. You aren’t the brightest tool in the shed MM.
Mad Kat on Tue, 16th Jan 2018 12:42 am
Cloggie, if you fly over Japanese cities, as I have done for the last 10 years of travel, you would see hectares of solar panels on factory roofs and in fields. You wold see hundreds of wind towers along the coast. You could even see them in the Ps. But they still are a minuscule percentage of electric power and even less in the total energy scheme. We are too late to switch even if it is possible to produce the materials with what is left of the FF economy.
GregT on Tue, 16th Jan 2018 12:42 am
“The OECD and global economy is collapsing everywhere!”
At least you finally got OECD right. Baby steps MM.
Mad Kat on Tue, 16th Jan 2018 12:50 am
MM, ” you dont understand nature or biology because you didnt go to college.”
Interesting comment because I did go to college and realized it was a waste of time and money, even in 1963. I took biology and still have the book. B+ final grade.
I also had biology, chemistry and physics, algebra, trigonometry and calculus in high school when they still had teachers and not babysitters. I was admitted to Dickinson College in Carlisle, PA. Look it up. Class of 62′-63′.
Add in a long lifetime of interest and study in ecology and biology and “Bingo!” I’m more educated than you can ever be in how the biological world works. Want to try again with some “peer reviewed” junk? LMAO
Shortend on Tue, 16th Jan 2018 12:51 am
Nope, all they need to do is raise the debt ceiling
MASTERMIND on Tue, 16th Jan 2018 12:57 am
Madkat
You didnt even graduate you dropped out and you are bragging about how educated you are? LOL sorry organic prepper, the burning platfrom and articles written by tyler durden of zerohedge dont count as an education…You worked construction with your heads because you didnt couldnt survive by using your mind…Too bad you couldnt get a degree for whistling at teenage girls at the truck stop while you filled up your big gulp and headed back to the job site!
MASTERMIND on Tue, 16th Jan 2018 1:00 am
Is An Oil Price Spike Inevitable?
The oil glut is over, at least when it comes to U.S. commercial inventories: over the past two months they have been within the average range for the season, thanks to hefty draws. These draws, one analyst argues, are a signal of higher-than-expected demand that is not only an American trend but a global one.
https://oilprice.com/Energy/Energy-General/Is-An-Oil-Price-Spike-Inevitable.html
Outcast_Searcher on Tue, 16th Jan 2018 1:01 am
When I first saw this, I was reminded of this ad on the internet always saying the big economic crash is coming THIS YEAR. And of course, they just change the year, every year.
Then, I start to watch it and it’s none other than perma-doomer Peter Schiff, the constantly wrong hero of the fast crash crowd.
Maybe if this guy were EVER right in his predictions he might be worth listening to?
GregT on Tue, 16th Jan 2018 1:06 am
“You worked construction with your heads because you didnt couldnt survive by using your mind”
Many of my friends who didn’t go to college, are self made multimillionaires MM. Using your mind doesn’t mean listening to what other people told you to believe.
And judging from your comments, Mad Kat is far more intelligent than you could ever dream of being.
MASTERMIND on Tue, 16th Jan 2018 1:07 am
Outcast
Peter Schiff correctly predicted the mortgage meltdown before it happened. He was one of the only economist in the world who did.
GregT on Tue, 16th Jan 2018 1:07 am
“Maybe if this guy were EVER right in his predictions he might be worth listening to?”
He was right about 2008 Outcast.
GregT on Tue, 16th Jan 2018 1:09 am
“He was one of the only economist in the world who did.”
One of them. I was another.
MASTERMIND on Tue, 16th Jan 2018 1:10 am
Greg
I know you wife is 100 lbs with a Phd and makes six figures. You have a 26 inch head. And many of your friends are self made milliairies! Now let me guess you grandpa was davey crocket! LOL
GregT on Tue, 16th Jan 2018 1:25 am
“Now let me guess you grandpa was davey crocket!”
Bad guess. My grandpa was a poor dirt farmer until the seventies, and then he became a billionaire.
MASTERMIND on Tue, 16th Jan 2018 1:40 am
Greg
and let me guess you have a 10 inch cock as well! And you always can leave your woman satisfied even after a night of heavy drinking! LOL
Mad Kat on Tue, 16th Jan 2018 1:42 am
Greg, MM will never grow or even think for himself. I guess he believes that construction is a career for idiots. Next time he crosses a bridge or goes up an elevator, maybe he should think about how that happened.
Anyone can be a chemist. Not everyone can be a self-taught architect/engineer/estimator. All it takes is intelligence and years of hands on learning. And I was paid to learn. I didn’t pay some professor, that never worked a day in his life, some six figure tuition.
Mad Kat on Tue, 16th Jan 2018 1:43 am
MM cannot seem to get his infantile mind out of the gutter. And he claims to be intelligent. LMAO
GregT on Tue, 16th Jan 2018 2:01 am
I have three good friends who dropped out of high school Mad Kat. One a janitor, another a painter, and the third, a girl, who does women’s nails. All three were millionaires by the time I was in my 30s. No formal education, just good business sense.
Most of the wealthiest families throughout history, made their riches through illicit trades, banking, drugs, alcohol, and warmongering.
GregT on Tue, 16th Jan 2018 2:03 am
“and let me guess you have a 10 inch cock as well! And you always can leave your woman satisfied even after a night of heavy drinking!”
Even more so after a night of heavy drinking.
GregT on Tue, 16th Jan 2018 2:04 am
“And he claims to be intelligent.”
The guy is a complete idiot Mad Kat. He hasn’t shown even the slightest hint of intelligence.
Davy on Tue, 16th Jan 2018 3:38 am
Prepare for the imminent economic collapse 2018 (somewhere in the world and maybe around you). I wouldn’t leave the other types of collapse variables out of the equation. I would say there will likely be growth and development too. This is the crazy thing about our world now. It is so big and productive but overextended and in chaos.
The economic side of the equation is a very hard one to ascertain a direction. So many economic fundamentals and indicators point to the unsustainable but we must remember these are from a different time. We can’t very well look at the world in the same way we did post 08 and earlier. The fundamentals are fundamentally different with the economic management tools of repression and easing, IMA, now also tapering and deleveraging. Yet, life on this planet is cyclical including economies. That is a fundamental that won’t change but the narrative is we somehow have changed it. I think it is more the salesmen of the world telling us to BTFD and don’t look back. We don’t have wise men anymore. Nobody listens to someone sober with caution anymore.
The funny thing with these crazy central banks they are trying both easing and tapering at the same time. I think this and many other actions show these guys are just experimenting with their new found tools of control and unforeseen power. They always were powerful but in the back seat. Today they are driving and it is unclear if they know where they are going. We know the political elite don’t know. For them it is just a MOAR mentality. No one talks about less. In fact these central bankers made a wrong turn at the point where we should have said the “less” of recession. We need periods of cleansing called recessions in our business cycles. This is not just the wealth transfer stuff of the parasitic class. This is economic pain and suffering of the whole economy. No pain no gain is sound wisdom. They made that wrong turn long ago and now it is unclear if we can even survive a cleansing recession and remain whole.
I have to say these are the scariest of time but in the surreal of a wired normality. Of course there are many people who have been thrown under the bus since 08 but for the most part the backbone of society as remained firm. What happens when we don’t have this firmness and the irrational of economic abandonment, dysfunctional systems, and irrational policy overwhelm growth and development?
We have used debt to power through these forces of economic entropy. When debt becomes entropic then we are piling entropy on entropy. I can’t see how this dysfunction will lead to a happy ending. Right now we are blowing through our “savings” at a civilizational level. We continue to degrade the environment. We have made no headway on CO2. We act like we have but like so many other issues and problems we are telling ourselves its better and that is not true. It is really a multidimensional Ponzi of whatever it takes to maintain optimism and confidence. The results are physical growth but not always healthy some is just cancer. Really what else is there in the end? If you don’t have confidence you don’t want to do much. A person can lay in bed and hope it gets better. A global economy can’t do anything but grow and develop otherwise the end is near.
Bloomer on Tue, 16th Jan 2018 7:25 am
The economy works untill it doesn’t. And when the poop hits the fan the short sellers will join in on the feeding frenzy. Meanwhile ma and pa baby boomer watch their retirement funds go down the drain.
JuanP on Tue, 16th Jan 2018 7:43 am
MM, I learned how to start fires by hand when I was a 10 year old Boy Scout. It is very easy if you know how and have a little practice. I can do it blind folded and with one hand. There are many ways to do it and anyone can learn, even you. I promise. But if it is to hard for you buy yourself one of these, https://www.amazon.com/Castille-Creations-Emergency-Weatherproof-Ferrocerium/dp/B06XWTNR13/ref=sr_1_2_sspa?ie=UTF8&qid=1516109502&sr=8-2-spons&keywords=magnesium+flint+fire+starter&psc=1 and/or a magnifying glass with at least 5X magnification and you are set for life. Use the magnifier when there is sunlight and save the Magnesium-flint rod for cloudy and rainy days. It is all about prepping the tinder and kindling and knowing how to build the right fire. When you die you can leave the flint and glass to future generations, though the flint will be a little worn. Total investment for a flint and magnifier starts at $2 per set if you buy them wholesale.
GregT on Tue, 16th Jan 2018 8:44 am
Always be prepared.
MASTERMIND on Tue, 16th Jan 2018 8:48 am
Greg
Its not about you being prepared its about everyone else not being prepared! They have you outnumbered by a billion to one! You dumb paranoid loon!
GregT on Tue, 16th Jan 2018 9:02 am
‘Always be prepared’ is the Boy Scout’s motto MM. It has stayed with me for my entire life. I always carry a magnesium/flint, cotton/wax balls, and a fixed blade knife or a hatchet, when I’m out in the woods. Which is every single day.
GregT on Tue, 16th Jan 2018 9:08 am
And MM,
There are not billions of people here. I could walk out of my back door and never see another human being for the rest of my life, if I felt like it. Nothing but wilderness.