Coming Soon: The Great Depression

What we are about to see is the crash of the century. Something far worse than the great depression, and it's all going to happen within the next four years. An event that will bring down the entire financial system, allowing us to re-wire how the globe operates. If you think I'm fearmongering let me explain.

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[johnsoncarl]

Awesome! Your potential seems limitless. I have always been fascinated with investing and need to start now. Starting with *50k $, * what sectors do you recommend ?

[jackcarraway]

If another Great Depression does come, I say bring it on. Giant stock market crashes means opportunity, not panic.

[caiomh]

Money printing isn't the problem. Misalocation of capital is the problem. Our bubble economy can't survive when all this newly printed money is used to speculate and push up asset prices... instead of doing something productive.

[atenas]

Hard times create strong men
Strong men create good times
Good times create weak men
Weak men create hard times . . . .

[lucian]

Nobody knows when ...but a good sign it's here is when your no longer sitting in traffic on your commute home..instead your waiting in a food line because all the stores are empty...as your retirement fund has been stolen from greedy wal street

[lanevotapka]

Do not underestimate a corrupted system’s ability to continue on for a very long time without collapsing. It’s like Johnny Cash said, “you can run on for a long time, run on for a long time, but sooner or later…”.

[sixsentsoldiers]

Here's the scary part. The Great Depression was bad. But, there were alot of people who felt nothing. The ones who grew there own food, didn't have automobiles, and most importantly, didn't own stocks. Now look at today's environment. Hardly anyone lives like those folks did that were unaffected in Great Depression I. This one will probably be called, "the Greatest Depression". It will hit hard. But we should use it to our advantage to bring about an experiment in Total Liberty. Because lets face it, this huge wave coming was not created by we the people. It was created by corrupt politicians. Thats where it has to start....voting. we must make our vote tamper proof. It can be done. 1 legal person, 1 vote. No absentee, no mail in. We have to rid ourselves of the corrupt. Maybe hard times will be what opens the door.

[Myrrhth]

Haha wow just 3 months before it all started, well done sir

[billdubya]

Dude this is brilliant. By predicting it being four years away, you’ve basically insured yourself over three years of content in advertising dollars. Maybe you should reconsider, and make it within six years. It might make a little bit more money.

[niftynookstudio]

I'm heavily invested in tchotchke & niknaks, old musical instruments, & fire wood. Harnessing these assets to a general don't-give-a-hoot-if-we're-on-fire, can do attitude, I'm going to be just fine.

[jameswood]

every $1 you invest today is a little bit of time that you buy back in the future, the more you invest, the more free time you can afford in the future, having time and the freedom to choose what to do are the ultimate investing goals.

[ssss]

Raise rates bankrupt the rich
Hold rates and bankrupt the poor.

[Abster]

Here is a theory...China real estate industry defaults, major banks with over leveraged positions go bust or governments try to bail them. This causes chinese yuan to decline in value which might create demand for US dollar causing temporary spike in exchange rates but soon the recession ripples are felt back home in the US and across Europe. People start loosing jobs, demands for cheap Chinese goods falls causing mass unrest within China. Forcing the government to take radical steps and get more aggressive in South China Sea. Either the current dictator is removed from power via internal purge or he presses on and invades a certain island nation to gain AI superiority which they hope will give them an upper hand in the markets and in defence. US jumps at the opportunity as war always has and will continue to stimulate the economy brining back jobs in the country and the economic cycle kick starts. 🤷🏽‍♂️

[quartytypo]

I lived through the Great Depression. Can't handle another one.

[herojirovalmire]

The theory is a government should raise interest rates to slow the economy down sometimes. A time to reward savers. You have to contract the money supply. You can't have cheap money forever or you will have a bigger crash long term. You should never be too big to fail. You have to make citizens self reliant.

[stephaneracicot]

in the last great recession i did not work for almost a year we lived very rural so i built a sawmill made from very old parts lying around and made a bit of money that recession mark me for life but my trade skills helped me get through it

[zilvalord]

A totalitarian country for its people vs. A totalitarian country for the Commerce.
Pick one for your own, drop the 'freedom' and 'democracy' bullshit.

[jaredyoung]

End corporate welfare is the answer. You are made to feel bad for getting a few hundred dollars to help raise a kid ( future tax payer) Yet Billionaires/Huge corporations take Billions from our future

[thehammurabichode]

*Did you steal the script for this video?*
The opening line is literally the same as that of another uploader. And the thumbnail. And everything about this.

[HamzaMohmood]

Who is invested in Pokemon cards? I think they hold their value more than dollars