Economic Meltdown

It's been said that money is usually the answer to 99 out of 100 questions. Indeed, Mammon is alive and well in our modern world. The global financial crisis of 2008 has precipitated a major economic storm that many believe will lead to an eventual worldwide economic collapse. The world's financial markets are hanging on by a string and almost everyone paying attention has to wonder what all this is leading towards. Will we eventually see a new society of economic freedom where people are relieved from menial labor in order to fulfill a greater destiny, or will this crisis open the door to a new level of tyrannical despotism?

Recent discussions shown on this page about the economic meltdown are generated automatically. Topics unrelated to this specific category might occasionally be displayed.
  1. Helios


    A psychologist wrote an incredibly interesting article about the current state of the world since the advent of Smartphones.

    Most GenXers remember wanting to walk around the mall, get our...
    • 5/5, 1 vote
  2. Laurel


    According to this article, SEC filings shows that three company executives sold just about $2 million worth of Equifax shares just after the cyberattack happened. Though I must point out that the...
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  3. Christian


    On this day in history, September 1, 1969...

    Following a coup d'état that resulted in the overthrow of King Idris I of Lybia, Colonel Muammar Gaddafi seized power. Prior to his execution, Gaddafi...
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  4. Christian


    On this day in history, August 16, 1989...

    An intense solar flare created during a geomagnetic storm caused three disc drives to fail in succession on what was described as a ‘fault-tolerant’...
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  5. Christian


    On this day in history, August 10, 1846...

    President James K. Polk signed the legislation that established the Smithsonian Institution as a "trust instrumentality" of the United States. In other...
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  6. Aristarchus


    Well, I think you can call this an all-time high.

    Bitcoin (BTC) - Live Bitcoin price and market cap

    Volume has spiked all of a sudden. Trying to find more info...
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  7. Helios


    Lots of stuff going on with Bitcoin this week. I'll try to clarify the situation as best as I understand it.

    There's been a civil war going on in the bitcoin world. Bitcoin, which is now over 10...
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  8. Christian


    On this day in history, July 31, 1938...

    Archaeologists discovered gold and silver plates from King Darius the Great in Persepolis, representing one fo the best examples of ancient record-keeping...
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  9. Helios


    Up until now, Unique Parsha has been embarrassed to talk about the fact that she's homeless and lives out of her car, despite being an employee of Facebook. And while she didn't want to be "looked...
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  10. Aristarchus


    much posting

    very tip

    wow

    Have you heard about Dogecoin? Dogecoin, like other cryptocurrencies and alt coins, is a decentralized, peer-to-peer digital currency that enables you to easily send...
    • 5/5, 1 vote
  11. Christian


    There have always been political divides in this country, but how did it happen that the "extremes" seem to have taken over public consciousness, to the point where lines have been drawn so...
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  12. Size Matters


    I've been doing a lot of thinking about the future and the more I read about robots, the more I think that once they get here, they won't be going away.

    I can't predict the future, but I have to...
    • 0/5, 0 votes
  13. Helios


    Just when I think they'll start to level off, they just keep going lower and lower.

    Bitcoin is about to go below the $2,000 mark

    Dogecoin is still up considering where it was 6 months ago, but...
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  14. Helios


    If robots are going to make jobs disappear, then who will be able to buy the things the robots make if no one has a job?

    If I can be 100% honest, I'm absolutely baffled as to why socialist...
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  15. Christian


    Over the past several weeks, the alt coin Ethereum has been teetering around the $225-250 USD mark. Today, ETH has topped out at $351.00 USD (which I believe is an all-time high) and it is...
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  16. Helios


    1 bitcoin is now worth just under $2,500 USD. The currency is most certainly in a bubble, but the long-term prospects seem "interesting" to say the least. At this point, it could go either way....
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  17. Christian


    On this day in history, June 4, 1989...

    Seven weeks of peaceful protests in Beijing's Tiananmen Square were violently ended the People's Liberation Army, which murdered hundreds of people...
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  18. Helios


    The Federal Reserve recently released its annual Report on the Economic Well-Being of U.S. Households. Eight years into an economic "recovery," there was some good news. For example, 70% of the...
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  19. Helios


    Bitcoin has reached an all-time high following a statement by the President of the Minneapolis Fed.


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    “I would say I think conventional wisdom now is that blockchain and the underlying...
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  20. Christian


    On this day in history, May 8, 1886...

    Pharmacist John Pemberton began selling a carbonated beverage named "Coca-Cola" as a patent medicine. Eventually, the formula was sold by Pemberton to...
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  21. Christian


    On this day in history, April 23, 1985...

    Coca-Cola changed its formula and released New Coke. The response was overwhelmingly negative, and the original formula was back on the market in less...
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  22. Christian


    On this day in history, April 22, 1864...

    The U.S. Congress passed the Coinage Act of 1864 that mandates that the inscription In God We Trust be placed on all coins minted as United States...
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  23. Christian


    On this day in history, April 5, 1933...

    President Franklin D. Roosevelt signed Executive Order 6102 "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates" by United States...
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  24. Christian


    On this day in history, April 4, 1975...

    Bill Gates and Paul Allen formed a partnership in Albuquerque, New Mexico, calling the company "Microsoft." Microsoft eventually rose to dominate the...
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  25. Helios


    An official from the European Central Bank recently stated that the economic policies of U.S. President Donald Trump could hurt global trade and could speed up an increase in U.S. interest rates....
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  26. Guest


    This is absolutely sickening!

    A 4 year old white rhino has been shot in the head 3 times by poachers while in captivity in a French zoo. The poachers then cut off its horn with a chainsaw. This...
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  27. Christian


    On this day in history, March 18, 1968...

    The United States Congress repealed the requirement for a gold reserve to back US currency.

    [MEDIA]
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  28. Christian


    I'm not sure if anyone has been paying attention to the price of bitcoin lately, but in case you haven't, 1 bitcoin is now = $1271 USD. Compare that to the current spot price of gold, which is...
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  29. Helios


    You guys realize that there's a reason why "they don't make things like they used to" right?

    It's called "planned obsolescence" and ironically, it's the exact opposite of an "economy" yet planned...
    • 5/5, 1 vote
  30. Helios


    I love bitcoin. The idea of becoming your own banker (with no need for 3rd parties to be involved) is just about one of the sexiest things I've ever heard, considering how corrupt our modern...
    • 5/5, 2 votes
  31. Christian


    On this day in history, March 14, 1900...

    The Gold Standard Act of the United States was ratified and signed by President William McKinley. It had established gold as the only standard for...
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  32. Helios


    During the Cold War, the Bundesbank kept much of its reserves outside the country for fear of Soviet invasion. The fear of less gold than promised in the vault, tampering with the ingots, or the...
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  33. Christian


    On this day in history, March 9, 1862...

    Six years before the start of the California Gold Rush, the first documented discovery of gold in California was made at Rancho San Francisco, an area...
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  34. Christian


    On this day in history, March 8, 1618...

    The German mathematician, astronomer, and astrologer Johannes Kepler discovered the third law of planetary motion. This third law relates the first two...
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  35. Laurel


    Former presidential candidate Ron Paul is predicting that a second financial bubble is going to burst in the very near future, and there’s nothing anyone can do about it. According to Ron Paul...
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  36. Christian


    Donald Trump has become the 45th President of the United States of America. On this historic day, President Trump gave a speech that was described as "populist" leaving some commentators to...
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  37. Anonymous


    This is the video in question. It was originally posted to /x/ under the same title (11BX-2024) with only a link to the video in the thread. Numerous /x/men and /pol/acks noticed and began solving...
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  38. Helios


    As reported yesterday, Buzzfeed and CNN both ran with a damaging yet unsubstantiated report about Donald Trump. Today during a press conference, the Donald blasted back at CNN saying, "your...
    • 0/5, 0 votes
  39. Laurel


    Senator Rand Paul has announced that President-elect Trump supports an “Audit the Fed” bill that Paul recently reintroduced to Congress. Paul's father Dr. Ron Paul ran for president in 2008 and...
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  40. Helios


    Rent continued to rise in 2016. The income gap between the rich and the poor widened further and the average price to buy a home in a major US city rose. The strain pushed the middle class out of...
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  41. Cornholio


    Well, this should come as no surprise...

    A report by Harvard and Princeton economists Lawrence Katz and Alan Krueger confirms that from 2005 to 2015, the proportion of Americans workers engaged...
    • 0/5, 0 votes
  42. Christian


    German Chancellor Angela Merkel is facing backlash for her open-borders policy on Muslim migrants following a terrorist attack in Berlin that killed 12 people and injured 50 more. All this comes...
    • 0/5, 0 votes
  43. Christian


    The Federal Reserve has hiked interest rates by .25 points, the second hike in a decade. In forecasts released after its meeting, Fed officials also indicated that they could hike the Fed funds...
    • 0/5, 0 votes
  44. Christian


    On this day in history, February 7, 1935...

    The classic board game 'Monopoly' was first published by Parker Brothers, loosely based on the economic concept of monopoly (i.e., the domination of a...
    • 0/5, 0 votes
  45. Shift BLAME


    This video explains that the powers that be likely already have an economic collapse planned and it will be orchestrated to make Trump and his followers a Scapegoat. Endgame is to make the left...
    • 5/5, 1 vote
  46. Helios


    Bolivian president Evo Morales recently announced that Bolivia will no longer respond to pressure or blackmail from the US government or Rothschild-controlled international banking institutions....
    • 0/5, 0 votes
  47. Christian


    Gotta love this guy!


    ----------
    To tell you the truth, I'm very concerned about fake news...but I think fake news comes from our own government when they tell us we have to go to war and do...
    • 5/5, 1 vote
  48. I <3 Tomi


    Wow tell me this isn't priceless!!!

    [MEDIA]
    • 5/5, 1 vote
  49. Helios


    ----------
    In terms of gold being involved, some people may think of that as a throwback, but I see it as a sophisticated, forward-looking approach because gold is neutral and it’s universal. It’s...
    • 5/5, 1 vote
  50. Christian


    Back in 2012, a strange video was posted on YouTube announcing that the criminal elite controllers of the planet were going to be exposed and thrown in jail.

    This sensational announcement was...
    • 5/5, 1 vote
  51. Christian


    On this day in history, January 8, 1835...

    Politicians in Washington gathered to celebrate what President Andrew Jackson had just accomplished. A senator rose to make the announcement:...
    • 0/5, 0 votes
  52. Christian


    The geode, which is eight metres (26ft) long and crammed full of gypsum prisms, has been put under police guard to prevent souvenir hunters from raiding the extraordinary natural phenomenon....
    • 5/5, 2 votes
  53. Christian


    On this day in history, January 3, 2009...

    The first block of the Bitcoin's blockchain, called the "Genesis Block," was established by the creator of the system, an unidentified programmer (or...
    • 0/5, 0 votes
  54. Christian


    On this day in history, December 23, 1913...

    Two days before Christmas, when much of the federal government was on holiday break, the Federal Reserve Act was signed into law by President Woodrow...
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  55. Christian


    On this day in history, December 20, 2001...

    Protests by the middle class against the government of President Fernando de la Rúa turned violent as civil unrest, looting and rioting began....
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  56. Christian


    On this day in history, December 9, 1531...

    Official Catholic accounts state that the Virgin Mary appeared four times to a native Mexican peasant named Juan Diego (and one more to Juan Diego's...
    • 0/5, 0 votes
  57. Christian


    On this day in history, December 2, 1993...

    Pablo Escobar was shot and killed in Medellín, Colombia via a vicious covert operation underwritten by the U.S. Government. Having the wealth and power...
    • 0/5, 0 votes
  58. Laurel


    According to technical analysis from HSBC, recent stock market moves apparently look eerily similar to the ones just before the ‘Black Monday’ crash of 1987.

    Red alert: Prepare for severe stock...
    • 0/5, 0 votes
  59. Christian


    On this day in history, October 29, 1929...

    The New York Stock Exchange experienced the most devastating crash in the history of the United States, which opened the door to a severe, worldwide...
    • 5/5, 1 vote
  60. Christian


    On this day in history, October 20, 1947...

    The House Un-American Activities Committee began its probe into the threat of Communist infiltration of Hollywood. The fear was that Communists would...
    • 5/5, 1 vote
  61. Christian


    On this day in history, October 19, 1900...

    Physicist Max Planck discovered the law of blackbody radiation. Also known as Planck's law, it describes the spectral density of electromagnetic...
    • 0/5, 0 votes
  62. Christian


    On this day in history, October 13, 1307...

    At dawn, King Philip IV (Philip the Fair) ordered Knights Templar Grand Master Jacques de Molay and scores of other French Templars to be...
    • 0/5, 0 votes
  63. Christian


    On this day in history, September 29, 2008...

    Following the bankruptcies of Lehman Brothers and Washington Mutual, the Dow Jones Industrial Average fell 777.68 points, the largest single-day...
    • 0/5, 0 votes
  64. Christian


    On this day in history, September 24, 2009...

    The 2009 G20 Pittsburgh Summit was the third meeting of the G20 nations to discuss financial markets and the world economy. The Pittsburgh Summit was...
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  65. Christian


    Just as the stock price of Deutsche Bank dropped close to all time lows over fears the bank's multi-billion DOJ settlement, Germany's top financial newspaper, Handelsblatt said, "German financial...
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  66. Helios


    Think what you want about the guy...but he certainly doesn't hold anything back. This is something people in conspiracy theory circles have known for decades.

    Isn't it funny? As more and more...
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  67. Christian


    Deutsche Bank has been in the news quite a bit lately. Now, it looks like their customers are having problems taking physical delivery of gold from the bank's exchange-traded gold fund,...
    • 0/5, 0 votes
  68. Christian


    Weak corporate earnings, a banking crisis, and the Brexit vote are forcing banks to prepare for the worst case scenario. According to CNBC, banks are supposedly "preparing for an economic nuclear...
    • 0/5, 0 votes
  69. Guest


    What the fuck has happened to this country?!

    Under free market capitalism, if you run a business like shit YOU DESERVE TO GO OUT OF BUSINESS. Period!

    Nope, not in the USSA. You're called "too...
    • 0/5, 0 votes
  70. Christian


    Central bankers and their cheerleaders have been warning that a BREXIT would spell certain doom in financial markets.

    So far, aside from a few hiccups in foreign markets, things have bee pretty...
    • 0/5, 0 votes
  71. Cornholio


    I hate to break it to you all, but the US elections and the Brexit and all the other news stories going on today are all just big distractions for the REAL story: the European banking system is in...
    • 0/5, 0 votes
  72. Aristarchus


    At 500,000,000 light-years away, the Eridanus Supervoid is an anomalous region of unusually cold space. Temperatures measured inside the phenomenon barely reach above absolute zero.

    [MEDIA]

    A...
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  73. Helios


    For anyone not paying attention, Venezuela is in the middle of a complete and total economic and societal collapse. Already in hyperinflation, it now costs a backpack full of cash just to buy some...
    • 0/5, 0 votes
  74. Christian


    During the turbulent years of 1960s, Martin Luther King--along with JFK and RFK--found themselves caught in the midst of communist paranoia. They all spoke about freedom, equality, justice and...
    • 0/5, 0 votes
  75. Helios


    Last month, Soros warned that China's debt-fueled growth bore an "eerie resemblance," to the conditions that led to the 2008 financial crisis....
    • 0/5, 0 votes
  76. Christian


    In a stunning victory for "conspiracy theorists" within the precious metals circles, Deutsche Bank agreed to settle a lawsuit accusing it of manipulating the silver fix. Not only that, but Zero...
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  77. Guest


    I know Bernie Sanders is really popular with the millennials, but he's a little too socialist for my taste. I think well-meaning kids support him because he seems to want things to be a little...
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  78. Guest


    Honestly, can anyone pin point exactly when it was that American totally abandoned capitalism and became a hardcore socialist crybaby country?

    Ever since the election results came out yesterday,...
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  79. SashaS


    Before the rise of the internet and gaming culture, The Illuminati was this mysterious group of individuals who did scary things and seemed intimidating. There was many conspiracy theories around...
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  80. Guest


    Anyone wanting a candidate that's willing to look into the 9/11 conspiracy AND supports auditing the Fed should seriously consider the Donald.

    Look at this:


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    It is so important to...
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  81. Helios


    The hits just keep on coming for the world economy. And it's a BIG day for gold and silver!

    First we have Janet Yellen from yesterday:


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    Monetary policy is not on a pre-set course....
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  82. Guest


    I hate to break it to you, but our marvelous, highly technological civilization is nothing more than a primitive, greedy, bloodthirsty jungle that's been designed with human's corrupted and...
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  83. Helios


    For those that have been paying attention, this is something most of us in conspiracy circles have known since at least 2006-2007.


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    "The world appears to be trapped in a circular...
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  84. Guest


    In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. As we enter 2016, we are only beginning to see this Epocalypse...
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  85. Aristarchus


    Here are some updates on the economic front...

    Today the DOW closed below 16,000 for the first time in nearly a year and a half.

    And then there's all this...

    This is not 2008—it's actually...
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  86. Christian


    I'm not posting this video to start a debate about needing more gun control vs. less gun control. I simply want to point out one "small" detail about Obama's response to this sheriff's remarks:...
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  87. Christian


    I've been doing some thinking. I've done a lot of studying in my life, particularly philosophy and spirituality, and yet I still can't say what I actually believe--if anything--when it comes to...
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  88. Helios


    The measure was vetoed by our fearless leader, but it sends a clear message that Obamacare has been nothing short of a complete and total disaster. As many people had suspected from the very...
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  89. Aristarchus


    Is this an omen?

    2016 does not seem to be off to a good start...
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  90. Guest


    That's right, all you cowardly, useless eaters. Debt slaves have no business owning firearms and therefore have no reason to defend themselves.

    Your best bet is to run and hide. </sarc>...
    • 0/5, 0 votes
  91. Christian


    The IMF today has announced that the Renminbi (expressed in yuans) has become a major world reserve currency.

    This is, of course, a pretty interesting milestone....
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  92. Guest


    Gold and silver are dropping like a rock. On Friday, gold fell about $30/oz to $1089.40 and silver dropped by almost $1/oz to $14.74.

    Gold Price Today | Price of Gold Per Ounce | 24 Hour Spot...
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  93. Helios


    I suppose that this really depends on whether or not you have a good-paying job and you don't work all kinds of weird hours. Years ago, I often wondered what an "economic collapse" would actually...
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  94. Christian


    As popular conspiracy theories go, the Federal Reserve is said to be the most powerful institution in the United States. But Trump is claiming that the Fed has become highly political and as a...
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  95. Guest


    And this is how the ultra wealthy view the rest of us...

    From Zerohedge:


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    "You want everybody educated to their potential. You want people to reach their potential. That still won't...
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  96. Christian


    I've been saying all along that there will be no economic recovery, and this is partly the reason why.

    Ultimately, I think we're seeing a fundamental change in humanity, itself. I mean, robots...
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  97. Guest


    This should come as no surprise actually, though it is shocking to hear it come from a Federal Reserve official:


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    "There is no work, to my knowledge, that establishes a link from QE to...
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  98. Christian


    One of my favorite shows of all time is Star Trek - The Original Series with William Shatner and Leonard Nimoy. Gene Roddenberry and the other writers of the show were clearly visionaries on the...
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  99. Helios


    Just before 9:30pm ET (or right as China opened for trading), gold (as well as platinum, silver, and virtually all precious metals) flashed crashed when "someone" sold $2.7 billion in gold,...
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  100. Christian


    What is going on here?

    Is this an attempt to say conspiracy theorists are on the same level of Osama bin Laden, or something else?

    Just look at the titles of some of these books!
    Bloodlines of...
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