Thread 513259646

Whatever happened to the sovereign debt crisis that was predicted to upend the world order by the late 2020s?

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You're living through it. Sovereign debt is the leverage the jew banks used to open the gates to a billion niggers

>>513260266
checked, but you can't keep inflating a bubble; it will eventually pop.

>>513259646 (OP)
Remember 2014, and how the whole of europenaccepted jewish terms and flung open the gates? Remember the euro dent crisis? It coincided with the US debt crisis and our housing crash. Basically, it lastd for most of the eurozone around 2009-12. The terms at the end, were like the ones given to Argentina some decades ago, propped up government debt in exchange for importing niggers.

When the africans saw how bad our card house was Ghadaffi and others tried to start an african currency, so the globalist fixer, hillary clinton, went and had him killed. This and the Israeli Secret Intwlligence Service massacres in Syria gave impitus to thirdies to go along with the flood plan.

>>513260532
What will happen to Europe if the Sovereign debt bubble bursts?

>>513260430
Allegedly. Remember that yhe Fed and other central banks are in charge of auditing and enforcing laws on themselves. So you can have the NY Fed be massively indebt, and never declare insolvancy, because they can keep acquiring money through other means.

But i'm getting into the weeds.

The Fed, and the rest are not there to pay off money or anything like that. They aren't even in charge of themselves, but take orders from bosses. The Fed is the front for the asset acquisition by these bosses of all the assets. Like Gold for instance. The ratio of paper to real keeps climbing even as the gold deliveries OUT of the Comex and LBMA keep climbing. So they know they are creating a massive default bubble, but they don't care, because it won't matter after 2030. The currency will be reset with the bosses as the primary stakeholders, and legal recievers of almost all assets on earth.

You and I are to be happy with picrel

>>513260782
They'll rob the white europeans during the chaos. The debt is so enourmous at this point that it can never be paid back. Not even because of the interest, but the growth of the obligations, and the way the people have been stripped of their wealth thus far, it makes it impossible to undo.

What will likely happen is UBI.

>you'll own nothing and be happy

The europeans, like most people, want something for free, and use magical thinking, that if they invest in a 'pension' it goes up in value, but theynhave no idea what value is or how the investmwnt bankers will achieve
>line goes up

The banks, to invest and grow money, have to, HAVE TO, use specupation to disguise inflation as growth. The economies, anx the people, are having too much money taxed to have enough to build industry or savings, because regulation is a net consumer of production, and so they become endebted and pay the banks the second tax, which is also a net consumer of production. Eventually, the government and banks take everything, but to keep people from killing them, they create more money, which helps cover up the effect the taxations and also makes them slower, so the people work longer.

The people think they'll pay the debt back, so they wait and work, instead of having a revolution.

What we are seeing with NEETS is, ironically, that they are realizing that the game doesn't work, and are giving up early, which is yet another reason for the importing of jeets and others. I don't subscribe to the NEET ethos, but that's basically the phenomina.

>>513261199
Jeets, even 1.4 billion of them cannot do the work of the white man. The system requires continuous expansion but this will be more of a drag than anything.

>>513261336
Correct. The jeets and thenrest can't do much of anything. But the people bringing them in don't want anything done, so it works fine.

The mistake in looking at globalism is the same one made when examining communism, we look at it and examine it based on the premise that its perpetrators intend for it to work. When communism starves people we say
>oh how ironic the peoples government couldn't feed the people.

But they never intended to feed them because 'communism' is just a campaign promise. They 'can't make it work' because even if they could, they never were going to make it work, they never wanted it to work, and it isn't meant to work. It also can't work even if they did, but that built in fault is actualy asmoke screen to make it seem poorly thought out. Communism is not 'just a failed system', it is a scam, just a confidence scam. However, its purpose is more nefarious than simply straling. It is meant to get the enemies of the bosses to kill eachother off on various, seemingly unconnected, pretexts. The scam is that the problems are unintended. The scam is that when they cover up the holodomor or the great leap forward, it is because that 'wasn't what was supposed to happen.' It was exactly whatbwas to happen, because collectivism is predicated on depopulation.

If you read the bible, that is the reason that God scattered the original tower of babal. It wasnt just that they were rebellious, they were enslaving murderng off humanity to build the tower, it was going to decimate the population all over again, but i digress.

Forgive me ladies. For i have sinned...lol lmao

>>513261967
Based diablo 2 enjoyer

>>513261967
>>513262062
Kek

Trump rapes kids, deep throats jews

>>513262100
But seriously OP, this recent wav of nonsensical immigrqtion is the direct result of the debt crisis. It may seem hyperbolic, or tangential, but that's what is happening. The banks are using the immigrants, temporarily, as debt sponges, but that is just a means of buying time. In the end if the debt is called in, all asset ownership will flow to the top.

If they do a UBI, just know that the renunciation of private property will be a major predicate of receipt of payment, along with other invasive measures, which will be overt, if redundant versions of the surveillance culture we live in now.

>>513259646 (OP)
Kek. Bump. Based DII enjoyer.

>>513260430
So a bubble. What is a bubble?
Pardon if i slur, but i'm having bourbon now.

A bubble. How much should a house be worth?

So we can look at it different ways, but in the end, the answer is subjective and variavle, because a house has nothing about it which gives it an a priori valuation. The value is subjective to other factors.

If we go back to the 1920s, there are sears and robuck catalogues that sold prefab houses which you could assemble and make a decent home. I lived in one, many moons ago. But now that house costs, not 5k, but 800k USD. So why is it higher?

Until very recently, it was still in a white part of town. It is close to amenities and downtown. In a word, it was/is convenient. So those things are good, and we understand them, but they are intangible. If you buy or sell that hous3 you are selling asthetic, feel, history, proximity, culture, pinache. Not practicle things. But these things drove up the value 16000% in 100 years. That's better than most investments, right?

Wrong. That's the add on of inflation. In the same period of time, a $20 gold piece has gone from face value to $3500, a 17500% increase. So if you'd held a hanful of 'boomer rocks', you'd have done way better, and never had to pay tax or maintenance on the house.

Some stock might have done better, but what stock in what company frpm the 1920's still exists? The S&P? If you could even have lived that long, what are the odds you'd have known that S&P was the big winner? You'd have turned $100 into 2.3 million, a 23000% return.

The hard fact is that all of the best businesses in 100 years did just better than monetary commodities over the same period. 31.4% better.

All of these increases are essentially bubbles, when compared to the dollar, yet because of inflation the never go down.

>bubbles pop

That's what they tell the public, but when have they ever been honest with the public?

>>513262405
Thank you for awaring me this. I would have never put two and two together.