Hey guys, this guy's political opinions are stupid, of course, since he's british. However, this is a great watch for the most part; educate yourselves and understand WHY shit is going south, and how it will probably happen. Link related
https://www.youtube.com/watch?v=3WclYu5l4G0
/mlpol/ - My Little Politics
Archived thread
File (): D096274936C71E4323432E6FB1B57026-34313.jpg (33.5 KB, 440x264, 1567109856613.jpg)
>>240681
Saw this on another /pol/.
The guy makes a few mistakes, besides the huge SJW one.
China's official govt does indeed have low debt and many "State-Owned Enterprises" (SOEs) do add to the balance sheet. But there is a LOT of debt in Chinese "shadow banking" -- businesses such as insurance companies and investment companies that act like banks -- and SOEs actually show very little profit.
I did like his comparison of the IMF admonishments during the Asian Financial crisis to the Western response to the Great Recession.
First time post. Nice board ya got here.
Saw this on another /pol/.
The guy makes a few mistakes, besides the huge SJW one.
China's official govt does indeed have low debt and many "State-Owned Enterprises" (SOEs) do add to the balance sheet. But there is a LOT of debt in Chinese "shadow banking" -- businesses such as insurance companies and investment companies that act like banks -- and SOEs actually show very little profit.
I did like his comparison of the IMF admonishments during the Asian Financial crisis to the Western response to the Great Recession.
First time post. Nice board ya got here.
File (): 6C14ADD67A99BD57C3E59A0984B2B6A9-254326.png (248.4 KB, 425x526, 1538017865478.png)
File (): 6505322A951D2C7B58BFA05337F2A9EB-79420.jpg (77.6 KB, 571x628, 1484696651629.jpg)
>>240681
He is right.
Eu is fucked with the ECB and everything is going to shit.
Keynesian economy is not only shit and stupid but fiscal socialism that has it's roots back in socialism and Rosa Luxemburg.
The biggest german banks are in the red and the only reason people are holding their stocks is because they are betting on a bail-out.
Shame you guys don't speak german because there are some interesting authors.
I am not finished with educating myself on everything posted but this thread >>>/mlpol/227245 → is worth reading.
Get your shit together because a storm is coming.
He is right.
Eu is fucked with the ECB and everything is going to shit.
Keynesian economy is not only shit and stupid but fiscal socialism that has it's roots back in socialism and Rosa Luxemburg.
The biggest german banks are in the red and the only reason people are holding their stocks is because they are betting on a bail-out.
Shame you guys don't speak german because there are some interesting authors.
I am not finished with educating myself on everything posted but this thread >>>/mlpol/227245 → is worth reading.
Get your shit together because a storm is coming.
We all forget, The Federal Reserve Bank doesn’t have its socialized monopoly any more. Bitcoin can keep them in check.
>>240738
I heard Bitcon's getting fucked because the Chinese own over 51% of all Bitcoin and won't let its creator upgrade the Bitcoin network in a way that'll make all Bitcoin transactions faster while screwing the chinese over, as they can't do fast transactions due to their great firewall.
What I just said sounds like bullshit, but is it bullshit?
I heard Bitcon's getting fucked because the Chinese own over 51% of all Bitcoin and won't let its creator upgrade the Bitcoin network in a way that'll make all Bitcoin transactions faster while screwing the chinese over, as they can't do fast transactions due to their great firewall.
What I just said sounds like bullshit, but is it bullshit?
>>240744
I heard a similiar story. The big surge of bitcoin when it went to 16000$ was because of the chinese fleeing into that market because the chinese economy is a giant bubble and the fall of bitcoin back to a few hundred $ was because the chinese government imposed laws on bitcoin to counter that development.
I heard a similiar story. The big surge of bitcoin when it went to 16000$ was because of the chinese fleeing into that market because the chinese economy is a giant bubble and the fall of bitcoin back to a few hundred $ was because the chinese government imposed laws on bitcoin to counter that development.
File (): 0D9A476249C7B98430880B8CA56ADF29-15889660.webm (15.2 MB, Resolution:636x360 Length:00:17:40, The Cash Flow Quadrant.webm) [play once] [loop]
>>240681
>However, this is a great watch for the most part; educate yourselves and understand WHY shit is going south, and how it will probably happen.
<Meanwhile this guy has been talking about economic doom for the past few decades and has been right every step of the way
>However, this is a great watch for the most part; educate yourselves and understand WHY shit is going south, and how it will probably happen.
<Meanwhile this guy has been talking about economic doom for the past few decades and has been right every step of the way
File (): 0453FDCB877448E966C5240BA3D55DFB-266141.png (259.9 KB, 1570x872, chan-economy.png)
>>240744
A more accurate interpretation: Bitcoin has a hard to do math equation, solving it is called mining and rewards the solver with new bitcoin. The kikes in China and elsewhere have found a secret way to skip part of that math, which makes creating bitcoin easier and therefore cheaper for them. The math cheat breaks when certain things are changed, such as if certain proposed transaction improvements go through. Therefore the miners have a huge financial incentive to keep bitcoin exactly as is. The way improvements to bitcoin are made is that an improvement is drafted up. Then, when a math-solving computer makes new bitcoin, it also says whether or not the miner will be willing to upgrade to the new version proposed. If most miners won’t upgrade, nobody wants to fork the ledger and be in the minority by upgrading so the improvements fail. If most miners do support it, then not upgrading will put you in the minority so everyone upgrades it. Because the China-based kikes have more than half of the world’s math solving power, they can freeze out any attempt at getting a majority consensus on bitcoin improvement.
A more accurate interpretation: Bitcoin has a hard to do math equation, solving it is called mining and rewards the solver with new bitcoin. The kikes in China and elsewhere have found a secret way to skip part of that math, which makes creating bitcoin easier and therefore cheaper for them. The math cheat breaks when certain things are changed, such as if certain proposed transaction improvements go through. Therefore the miners have a huge financial incentive to keep bitcoin exactly as is. The way improvements to bitcoin are made is that an improvement is drafted up. Then, when a math-solving computer makes new bitcoin, it also says whether or not the miner will be willing to upgrade to the new version proposed. If most miners won’t upgrade, nobody wants to fork the ledger and be in the minority by upgrading so the improvements fail. If most miners do support it, then not upgrading will put you in the minority so everyone upgrades it. Because the China-based kikes have more than half of the world’s math solving power, they can freeze out any attempt at getting a majority consensus on bitcoin improvement.
>>241021
I don't think that this is entirely correct, at least it is not the complete picture but most of the economical analysis of china is correct.
I don't think that this is entirely correct, at least it is not the complete picture but most of the economical analysis of china is correct.
>>241148
The demographic stuff is correct too. But it also the US low birth rates needs to be included also. In 10 years half the white boomers will be retired, 10 years later all of them. That's a massive change from tax payer to gib-me-dat.
The demographic stuff is correct too. But it also the US low birth rates needs to be included also. In 10 years half the white boomers will be retired, 10 years later all of them. That's a massive change from tax payer to gib-me-dat.
>>241149
This is a potential problem, yes. What I mean is that the guy presents as USA as the good guys, giving us piggy rides and fixing our shit. This is not acurate and the USA is not Eden because they got some shale. The USA does what it does out of pure self-interest.
This is a potential problem, yes. What I mean is that the guy presents as USA as the good guys, giving us piggy rides and fixing our shit. This is not acurate and the USA is not Eden because they got some shale. The USA does what it does out of pure self-interest.
>>241149
>In 10 years half the white boomers will be retired, 10 years later all of them.
Hahaha...no, they won't. The new retirement has been boosted from 50/60 to 70: http://archive.fo/tlxnY
According to the CDC, the average life expetancy for an American is 78: http://archive.fo/xIcaz
According to "experts", you need $1.5 million (At least) in savings if you want to retire: http://archive.fo/8dlyQ
However, the average American has $95,776 in their savings (With people above the age of 50 averaging out at $124k-$163k): http://archive.fo/MRnwN
Social Security, Medicate, 401ks, all of it is part of a system that's collapsing. In fact, SS is will be "broke" next year, with Medicare following it 6 years later: http://archive.fo/WJN3X
And, on top of all this, there's the likelyhood that you will be fired BEFORE you even reach retirement age: http://archive.fo/4qnrR
>In 10 years half the white boomers will be retired, 10 years later all of them.
Hahaha...no, they won't. The new retirement has been boosted from 50/60 to 70: http://archive.fo/tlxnY
According to the CDC, the average life expetancy for an American is 78: http://archive.fo/xIcaz
According to "experts", you need $1.5 million (At least) in savings if you want to retire: http://archive.fo/8dlyQ
However, the average American has $95,776 in their savings (With people above the age of 50 averaging out at $124k-$163k): http://archive.fo/MRnwN
Social Security, Medicate, 401ks, all of it is part of a system that's collapsing. In fact, SS is will be "broke" next year, with Medicare following it 6 years later: http://archive.fo/WJN3X
And, on top of all this, there's the likelyhood that you will be fired BEFORE you even reach retirement age: http://archive.fo/4qnrR
File (): DFB4E341F29ED2F5F92556E76E5C8074-82946.png (81.0 KB, 1306x1472, The Pill "Genocide".png)
>>241202
>>In 10 years half the white boomers will be retired, 10 years later all of them.
>Hahaha…no, they won't. The new retirement has been boosted from 50/60 to 70: http://archive.fo/tlxnY
My info assumed 70 as retirement age.
>According to the CDC, the average life expetancy for an American is 78: http://archive.fo/xIcaz
Sux to be American. But dead boomers will help the multiculture thrive better.
>According to "experts", you need $1.5 million (At least) in savings if you want to retire: http://archive.fo/8dlyQ
>However, the average American has $95,776 in their savings (With people above the age of 50 averaging out at $124k-$163k): http://archive.fo/MRnwN
Which makes them gib-me-dats. Which goes with my pessimism.
>Social Security, Medicate, 401ks, all of it is part of a system that's collapsing. In fact, SS is will be "broke" next year, with Medicare following it 6 years later: http://archive.fo/WJN3X
Which goes with my pessimism.
>And, on top of all this, there's the likelyhood that you will be fired BEFORE you even reach retirement age: http://archive.fo/4qnrR
Which goes with my pessimism.
Nothing posted refutes my point. Attached chart shows things are actually slightly worse than my 10 years = half, 20 years = all boomers retired. And your points validates they are gib-me-dats. The only counterpoint is they will die early relieving the burden a bit.
>>In 10 years half the white boomers will be retired, 10 years later all of them.
>Hahaha…no, they won't. The new retirement has been boosted from 50/60 to 70: http://archive.fo/tlxnY
My info assumed 70 as retirement age.
>According to the CDC, the average life expetancy for an American is 78: http://archive.fo/xIcaz
Sux to be American. But dead boomers will help the multiculture thrive better.
>According to "experts", you need $1.5 million (At least) in savings if you want to retire: http://archive.fo/8dlyQ
>However, the average American has $95,776 in their savings (With people above the age of 50 averaging out at $124k-$163k): http://archive.fo/MRnwN
Which makes them gib-me-dats. Which goes with my pessimism.
>Social Security, Medicate, 401ks, all of it is part of a system that's collapsing. In fact, SS is will be "broke" next year, with Medicare following it 6 years later: http://archive.fo/WJN3X
Which goes with my pessimism.
>And, on top of all this, there's the likelyhood that you will be fired BEFORE you even reach retirement age: http://archive.fo/4qnrR
Which goes with my pessimism.
Nothing posted refutes my point. Attached chart shows things are actually slightly worse than my 10 years = half, 20 years = all boomers retired. And your points validates they are gib-me-dats. The only counterpoint is they will die early relieving the burden a bit.
File (): 6E9814528DE3755483DCE289BD927723-252052.png (246.1 KB, 691x328, Bildschirmfoto vom 2019-09-04 13:49:14.png)
economy can only go down since >up< was banned
16 replies | 7 files | 11 UUIDs | Archived