Those worried about economic collapse?

[Quinc]

One man's opinion...see ya' later.

http://market-ticker.org/akcs-www?post=194590

.

Sparknotes:
FEAR FEAR FEAR THE SKY IS FALLING!!! OHH NOOOSSS

[sammy]

This video series is what opened my eyes. It is a must watch. Please take the time to see this through.

http://www.chrismartenson.com/crashcourse

[sammy]

One man's opinion...see ya' later.

http://market-ticker.org/akcs-www?post=194590

.

You sir, are on the ball. Thanks for the link

[problemchild]

Hmmm

When I posted about the economy I got threatened with ban and my post (2) were deleted.

Just sayin

[sammy]

Hmmm

When I posted about the economy I got threatened with ban and my post (2) were deleted.

Just sayin

Well you are a problem child. Just sayin

[LMT4ME]

INFLATION
I'd watch the following things:
1)
The price of gas. At 1st it will rise gradually and then sky rocket - driving up the cost of other goods creating out of control inflation.
2)
Mass cancellation of credit cards. Once banks figure out inflation is on the horizon CC will be worthless and shut them down in mass.
3)
The price of gold. This will continue to rise and then compared to the real goods (gas, eggs, bread, ammo, bottled water, canned goods, livestock) will drastically fall. Eventually an once of gold will buy 100-200 rnds of ammo, a couple dozen eggs, several chickens, a pig, a pair of new shoes, etc.
4)
The price of ammo and guns. Let's say you have no guns but gold - how much gold would you trade for a glock 19 and 200 rnds of ammo? I'd ask 4 ounces minimum.
5)
Crime. Track the increase in robbery and homicide in the area you live. Extrapolate the homicide rate and once it reaches 0.5% and robbery 2% of population watch out.
6)
Your shrinking colon. No need to explain.

[Quinc]

Hmmm

When I posted about the economy I got threatened with ban and my post (2) were deleted.

Just sayin

Don't you know we are PRO2A and not PRO1A here?!

[Ripon83]

http://www.marketwatch.com/story/why-the-insiders-have-quit-buying-stocks-2011-09-21

The above link was an "indicator" I was not watching before it was pointed out in another forum. Marketwatch.com is a site I feel as though its presentations I can trust, and the indication that stock insiders were buying a $100 million a day worth of stocks just a few weeks ago were now buying $13 million a day worth was staggering. That is huge.....I'm not heavily invested in the stock market but if I were I might be moving to the safest stuff I can imagine.

[Chaparral]

It's already been slowly encroaching. Denninger predicts a violent deflationary collapse, others predict a Weimar style blowup. When the bottom 20% of the socioeconomic pile are priced out of food, shelter and clothing...that'll be an ugly result of continuing dollar debasement. If we stop debasing the dollar and force the gov't to live within its means, 50% of .gov employees get laid off and bennies and entitlements slashed. Supposedly, a bond market collapse would do exactly that. There'd be a deflationary collapse due to lack of Uncle Sugar's infusion of money. As such I'd keep an eye on the treasury bond market for a "heads up". Right now, lotsa scared money running to uncle sugar...or perhaps its just back door monetization of debt...Some are saying we are having repeated failed bond auctions. The real neccessities, food and fuel have sort of encountered a high plateau. If those resume their ramp...than there's one of my indicators. If US Treasury yields rise really sharply, than that's another indicatior.

It's looking like Denninger called it pretty good the last few days tho...ugh!!

[POLICESTATE]

A good example of economic collapse would be the Weimer Republic, whenever your printed money is worth more as a kite or to start fires than it is to buy something that is a very clear indicator that your economy has failed.

[POLICESTATE]

I wonder what our bottom "20%" figure really is, obviously in Germany it was people below a certain income level and it came out to 20%. Don't know what it would be for America, assume it would be people below the poverty level?

From the NYTIMES:
So 46mil out of roughly 330mil is roughly 14% living below the poverty level, however once we factor in more people who lose jobs etc as the economy falls apart that will rise to a much higher number.

Even so, 20% of Americans who end up without the means to survive is a very ugly circumstance at every level. 66 million folks who essentially no longer have anything to lose and everything to gain if they just decide to take from others.

It's already been slowly encroaching. Denninger predicts a violent deflationary collapse, others predict a Weimar style blowup. When the bottom 20% of the socioeconomic pile are priced out of food, shelter and clothing...that'll be an ugly result of continuing dollar debasement. If we stop debasing the dollar and force the gov't to live within its means, 50% of .gov employees get laid off and bennies and entitlements slashed. Supposedly, a bond market collapse would do exactly that. There'd be a deflationary collapse due to lack of Uncle Sugar's infusion of money. As such I'd keep an eye on the treasury bond market for a "heads up". Right now, lotsa scared money running to uncle sugar...or perhaps its just back door monetization of debt...Some are saying we are having repeated failed bond auctions. The real neccessities, food and fuel have sort of encountered a high plateau. If those resume their ramp...than there's one of my indicators. If US Treasury yields rise really sharply, than that's another indicatior.

It's looking like Denninger called it pretty good the last few days tho...ugh!!

[Ripon83]

http://www.cnbc.com/id/44626413

Headlines like this can really cause a stir

[POLICESTATE]

Forget the headlines this is what worries me:

http://www.cnbc.com/id/44626413

Headlines like this can really cause a stir

[JAGACIDA]

Oftentimes you can tell when a recession ends by comparing figures from the recent past or historical declines. This current crisis shows no letting up, we are living in the "good old days" right now. Perpetual war is a huge indicator of more tough times. Massive debt, massive spending that cannot be fixed with the current political climate.It eats at this economy as it has on every major power until the decline has run it's course.
Common sense measures in the near future will be likened to ranting mad, the sky is falling mentality from 20 years ago. Preppers will be considered as visionaries. The quality of life decline is another huge sign.
I would not care to be living anywhere near a major metro area if this mess continues.
Good thing I beleive in more than corporate governing. Default may be necessary.

[Rob454]

I'm seriously thinking about pulling all my money out of my 401k.

Im seriously thinking of selling some guns and buying more ammo for the ones I plan on keeping.