ITT: We discuss the looming western civilization recession. Do you agree or disagree?

ITT: We discuss the looming western civilization recession. Do you agree or disagree?

Will it be worse than 2004??

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Only fearmongering retards think mr shekelberg will let his profits dip

>he thinks it's only western civilization

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This

>2004

You mean 2007/2008? What

Yes, I do mean that. However in the early 2000's there was a recession as well.

these

We're all fucked mate. But the US is the leader of this shitfest so us burgers might manage to fair better.

oh ok. and there has to be one has it's already been 10 years. I'd say 2019 - 2024. There's a recession every 10 - 15 years last time I read about it. all I know is certain countries are gunna get fucked a lot harder because of incompetent leaders (Canada)

Good, everyone I hate is in the west.

This. The world is unironicaly running out of fresh water and desalination plants cost a shitload of money to build

>he thinks 3rd world savages dying of dehydration is a bad thing

Have you heard of Germany, 2016? Now imagine this worldwide

the only countries that will make it after the coming collapse are those who have self sustainable economies...

who do you think is more likely to make it, USA with companies like Ford who lose more and more money every year, get parts from other countries etc

or Japan who has their own companies making positive revenues with their own factories making stuff for their own people...

I live by massive fresh bodies of water and my cynicism and hatred for 95% of the people living in this world makes it hard for me to give a fuck about dehydration

Exactly.

I personally believe this collapse is coming much sooner than many anticipate. As this guy stated. 2019 seems like the year or at least the start.

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2021. this rally goes into the stratosphere in 2020, then a problem in sovereign debt will lead to diplomatic dramatics and hey presto, capital flight from developing markets makes inflation in developed markets makes fucking rekt. hopefully btc will be front and centre in the hunt for yield

>there is no way to short this

There’s a reason Japan’s stock market is the second-largest behind the U.S., I agree wholeheartedly.

Japan imports nearly all its energy and raw materials.

it does the best it can given its inputs

meanwhile the USA has all the resource it would ever need yet can't stay solvent

Because its as heavily leveraged? Get lost pleb

>it does the best it can

da fuq you talking bout

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>giving a shit about germany in 2018
fuck those cucks. they are literally third world now.

Achmed is bringing hammer skillz to the precision parts assembly lines (now owned by China)

Mexico is where all the factories are reshoring to. US literally cant compete. manufacturing aint coming back here. read th BLS reports. its all food service growth. Drumpy isnt as good at economics as he would have you beleive.

>tremendous growth
>the best economy

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The joke is that they're buying Chinese steel and other raw materials, then exporting finished products in US nullifying the steel tarrifs

even peter zeihan admits it. Mexico has a killer demographic now. like 90% of the population is in their teens and 20s. and they will all work for peanuts. good luck competing with that.

America will become untethered and leave literally the rest of the world behind now that we aren't concerned with giving out global participation trophys anymore. Shit is going to be so cash.

This is more than likely what will happen. People just don't understand what will happen with manufacturing. Robots are going to take over manufacturing like you wouldn't believe, already happening a lot over the last 5 - 10 years. Manufacturing is coming back to the US, but will not bring many jobs. Instead it will bring back a potential for independent US business owners to buy manufacturing robots and start their own factory.

The United States under a rogue leader like Trump will benefit like crazy off a recession. Especially if they tell the rest of the world to fuck themselves.

USA is a net exporter of oil and crops plus the largest military in the world. can your shit country say that?

just signed a trade deal with them today. they will keep making our shit cheap. USA ftw

Are you retarded?

Don't care, doesn't matter, our existence is circular.

>PeterZaihan.jpg

nice ad hominem bro. stay mad and poor

Sounds like a good place for a sex trip.
Maybe the spics in the US will offer the same benefit domestically for those of us with more money.

fucking this. self-sufficiency ftw
the only ones who are buttmad about the manufacturing jobs not coming back are the ones who are dependent on them. adapt or die. someone has to clean the toilets.

The key word in your post was "they" will be making our goods. AKA they will have the manufacturing base. Not us.

Why are most people here so concerned about manufacturing jobs? Who tf cares? Fact: The countries that have the strongest economies, in any situation, are the ones who have the strogest understanding of science and technology. USA and Japan will both be quite alright.

Someone literally stated that Mexico was competition because they’re younger and physically stronger. Seriously? If this mattered, than why are tigers nearly extinct?

Science and technology are what matter most and this is directly related to military capabilities.

This is who I was referring to in this:

see this and this

Blah blah manufacturing blah blah Mexicans are young.
And it's a good thing!
And yet Mexicans flooded and continue to breed like roaches in the US?
Why are they existing and spreading like a virus if they're not needed?
Oh yeah I forgot young people aren't supposed to afford first homes.

because 90% of the population does not and will never posses the aptitude to work in those fields.

I'm taking measures to get myself finantially ready for what is coming.

This time I want to be on the bus that goes up the graph instead of down.

>the whole world is running out of fresh water
At least try to pretend that you don't think the whole world is California

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Amen

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US will go first. We'll follow... hooray

I hope to god it'll be 2023-2024. I'll be done with my masters in 2020 and will be making mad dough, so after cost of living expenses and paying the minimum+interest on my student loans I'm going to be saving the rest like balls. Hopefully I'll be able to buy up a bunch of stock on the cheap when the market bottoms out.

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The metal that naturally occurs in Japan isn't that good.

how do i short humanity

You have no idea what you're talking about. The "early 00s" recession was in 2001 with the dotcom bust. By 2003 we were on the upswing, and 2004 was the largest peak we'd see until the run-up to the 08 crash. You've provided literally no arguments in the entire thread, yet are going around with this "sky is falling" bullshit and re-affirming other anons who happen to agree with you. 08 fundamentally changed how the government interacts with and regulates the markets, and even with the yield curve or the slowing of particular niches, there are no fundamental issues with the market like there were in 08. If it comes at all within the next 2-3 years (spoiler: it won't), it'll come from a different context like China imploding or stagflation as a result of legislative measures.

Japan's market has been stagnant for two decades and as pointed out they import nearly all of their unprocessed goods. If the global market pops, particularly Asia, Japan will be hit just as hard as others, if not moreso. The world is also infinitely more inter-connected than it was even 10 years ago, so I don't buy this isolationist, self-sufficient rhetoric.