Why is the nest crash going to be so bad?

because it will launch a purge of shitskins in europe

They go bankrupt since student loans effect credit

Yeah but increasingly millenials are not buying properties and are less affected by credit

For example, me

Yeah, but my phone is still going to connect to my car via bluetooth and there's free porn on the internet so in reality there is no way the next crash will be 'worse than the Great Depression'.

your memeflag aside, do you know how to grow vegetables?

I’m pretty sure most millennials would want to live separately from their parents, or at the very least purchase a car for which credit is required.

Except if your community has frequent brown outs due to energy shortage.

>crash happens
>fed tries to lower rates
>they're already low
>most americans could barely afford things when times were good
>businesses won't build for customers that don't exist
>keynes thought we'd save up during good times (LOL)
>debt/gdp was already out of hand during the good times
>treasury goes to hold an auction
>no one shows up

If you think that debt is made up and you can wish it away with the stroke of a pen with no repercussions, then 2008 would like a word.

> the government legislated the risk out of student loans

All that means is that the $1.5 T gets lumped on top of the current $10 T national debt. So I guess instead of having a student loan bubble pop, we'll have a Greece style national debt collapse.

This.

Couple reasons, Russki:

This will be the first recession with Boomers largely pulling out of the system on top of the recession. So it won't just be a recession, it'll be a recession plus a massive reduction in available capital because the Boomers will have been or be in the process of retiring. Meanwhile, Gen X is way too small to counterbalance the absence of the Boomers from the tax rolls, and Gen Y haven't yet matured (take that however you like) to join the ranks of the taxpaying class.

US national debt is only that bad cause of excess leeches on our economy. The rest of the world won't let a real crash happen now since everyone relies on US in some way. US failing would lead to actual worldwide failure. Chances are since US is energy independent now we will get debt fixed a little and it isn't going up at the rate it was with king nigger.

money gps has pretty good videos on this, more geared to western audiences tho
youtube.com/watch?v=uCw4FbtNRyY

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More nogs running around, less solidarity in local communities everywhere with folks trying to escape it even now.

Expect the cities to be looted within the weekend, and turned into quarantine zones by the national guard.

Majority of men women, children, and nations are drowning in debt.

Will that recession occur because the boomers are retiring or in spite of it?

A great depression tier crash will kick of the rahowa. I'm ready.

Because the baby birds won't have anywhere to sit :-(

You can buy a car without a loan.
Just expect it to be used and abused.

Do you not remember the trillions wished away on September 11, 2001 at the Pentagon?

You're cherry picking. Most economists are saying the next crash won't be as bad, because we've learned from past crashes and won't make the same mistakes.

Business cycles generally happen regardless of generational rotations, but their coinciding definitely changes the dynamic of how the busts or booms play out. This isn't gonna be like 1929, though. That depression was made way worse by the only recorded famine in American history because of the dust bowl. Unless there's some freak natural disaster which causes the whole agricultural harvest of the Midwest to fail, the US won't have a problem keeping food on the table and everything stems from that far more than the "muh petrodollar" mummery that gets shilled on this board.

You know what happens after a depression right?

Because there's been no productive economy for 40 years just asset inflation and handjobs.
Real wealth is raw material extraction capacity and manufacturing capacity. What we have no is all a fugazzi being propped up by a stack of over 6 million different promises that all rely on other promises etc etc.

Crash will always happen and no shit it'll be worse than Great Depression since we have more shit now to lose.

>Because there's been no productive economy for 40 years

Inaccurate. Massive growth in semiconductor fabrication and other modern stem fields. The biggest problem for the US is that the political class in power has been complicit in moving the majority of middle-end jobs overseas, taking advantage of cheap fuel prices (also globally subsidized by the US) and currency arbitrage effectively moving those jobs to the lowest bidder and pocketing the difference.

Retard detected

Gonna have to take on a lot more debt for that to happen.

This is going to resolve itself. Everyone knows China is the enemy now, shit is going to be pulled out of the third world very quickly.

Even if China had better PR than it does, shale's completely fucked over China's - and Asia's - main draws: Cheap inputs. In the US, the cheap inputs aren't labor, but materials. Cheap oil & cheap natural gas mean cheap industrial chemicals, cheap precursors, cheap everything. Bonus prizes: Transport costs basically zero and no political risk associated with Made in USA

Exactly. Everything since then has been a temporary plaster so the Boomers can reach retirement. Once they're out of the picture, the house of cards will fall.

Corporate debt.
Fed is trying to raise yields before the correction will hit but is likely to fail.
This means that the after shock will bring negative yields.
This means that the dollar is fucked.
This means that the world is fucked.

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>experts say
And the world was supposed to end in 2012

Experts didn't say that, New-age and jesus loving Boomers shitposting on internet forums said that

>next crash will be worse than ever!

thx Rothschilds I hope Hell will somehow be worth it to you (for every Satanist Jew I've asked this question to thru Gnosis said it was not worth it)

This

They've been touting a "super mega recession" for decades now, it's all fear mongering for clicks

The nest market is being propped up by magpies using shinies to increase property value

I've been driving Craigslist cars I picked up for under $2500 ea for the last 20 years. I've spent less money on vehicles in my entire life than some faggots who fell for the Auto Jew meme have spent on a single brand new car. You just have to know the slightest bit about auto maintenance so you know what to buy and how to fix your own minor shit. If you can change your own oil and replace your own brakes a $900 car will last you 30,000-50,000 miles. Which is why the Public Edjewcation system no longer teaches boys any of this. You used to learn how to work on your car and how to shoot a gun. Both have been skills lost thanks to the jew.

I'm pretty sure the system collapses in Europe before we get to the 2020-22 US recession.

Point is, experts say a lot of shit. They could have been the lowest scoring kid in their class but still be called an expert and educated because they graduated. What qualifies them as experts exactly, the media? Doesn’t that run across your mind?

The amount of debt does not matter, the ratio VS GDP is what really matters.

That’s not how it works lmao brainlets rolling deep on Jow Forums these days. They don’t go bankrupt. An individual can never escape student loan debt. It’s a life long commitment and can’t be written off.

Basically there is a massive convergence of systemic problems, including the deregulated banking system, caused by Clinton removing Glass-Steagall, which allowed banks and speculators to merge, putting chartered banking on the hook for $2.2 quadrillion in derivatives debt. The bail outs temporarily papered over this, but only insofar as the banks never mark to market their debts; essentially all of the banks are zombie banks, and they are going to implode. The Western countries, owned by bankers, have created Bail In laws, so when this debt inevitably is called, then our bank deposits will be stolen and classed as unsecured loans, by us to the banks. The system is completely fucked to a staggering degree, and it is about to deleverage and bring everything down. In the meantime everyone is positioning themselves - elites that is. The biggest looting event in human history from 2008 - now is about to end, and millions will die from the economic shock, unless banking regulations are restored and the crooks get the rope.
Compounding this are an almost endless list of problems, but they can all be reversed and mitigated. The issue is the banks and this monetarism system, incorrectly labelled capitalist by leftists. The current bubble is the central banks last phase in the plundering of the West, and the day it'll crash will be known by them.
Add to that a demographic crisis and pensions unfunded liability crisis, and a economic storm, enough to turn the entire world into Venezuela, is about to happen.

Fractional reserve lending is basically white genocide considering the amount of immigration it demands.

Educational sources for this?

Very likely.
The idiots we have are killing their golden goose rather than abjure their religion.

BK does not discharge student loan debt. Worst case is you live off the grid or get garnished wages for 25 years until it finally can be discharged. Student loan debt is the devil itself in the US.

>$2.2 quadrillion in derivatives debt.
Not how derivatives work.

>The bail outs temporarily papered over this, but only insofar as the banks never mark to market their debts; essentially all of the banks are zombie banks, and they are going to implode.
To some extent this is true, but you cite the wrong reasons, and some places have it worse than others (hint: read up on the differing definitions of a non-performing loan between the US and EU

>Add to that a demographic crisis and pensions unfunded liability crisis, and a economic storm, enough to turn the entire world into Venezuela, is about to happen.
Sort of, except for the developed country (there's only one) which actually has viable demography. (It's not in Europe. Sorry, Britanon.)

I'm phone posting so can't easily find the source but either globalresearch.ca or breakfornews.com. have a big article all about the derivatives. Larouchepub has good info on the Glass-Steagall overturn by Clinton.

This

One day in Canada people are going to start being en made unable to pay personal debt and BC and Alberta are going to start refusing to prop up the rest of the country with transfer payments
When that happens the whole house off cards comes down and most of Canada becomes a second world country

The debt to gdp ratio is incredibly high for the US, which is why I’m expecting a Greek style default crisis in the near future

Let the economy burn. I just accepted a municipal job that will nearly double my income. Great job security and I want to upgrade to a larger house soon.

No, it will likely collapse in the US first, same as the 2007-08 recession hit the US then spread to the rest of the world kicking off the Eurozone crisis in 2010 onwards. European economies are more socialist so the government can pick up the slack when the private sector starts to falter. In the US, any impact on the private sector economic growth is felt much faster in society, even more so if a Republican government is in control at the time (such as Bush in 2008).

lol, british education at work. "this was how the last recession was so it'll be the same way this time too" doesn't make any sense as a position.

Because money is less real now than it was when the jews first took it over.

>got a mustang for 5k that had electrical issues
>look at the fuse box and removed the problem fuses
>it works fine now

if you can build pc's you can work on cars since most of the designs acutally haven't really advanced unless your buying some new electrical car one

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This is the month and year Rothschild predicted a new global currency back in the 70s.

Harry Dent pretty much nailed this crisis, showing it'll start in emerging markets, and he is bang on the money so far.

I'm guessing he assumes the European playbook can wall off financial instability of the magnitude which exists in the Eurozone after the last Eurozone crisis. I find it highly suspect to think that the ECB can deal with 1.5 trillion Euros worth of bad loans in just the Italian banking sector alone, let alone the problems Italian financial instability brings to the rest of the banking system because of cross-collateralization.

And when is that?

Drumpf's economic policies are here boys. Get the lube ready because we are getting fucked.

No. His prognosis for Europe is that it is finished. Have a look at his Zero Hour book; bound to be free somewhere online.

We're in a worker "shortage" with how selective and drawn out hiring has become.
And its going to get a lot worse as boomers start to retire.

fucking this. Bless your heart for being one of the few people smart enough to realize it.

Most economists said their wouldn’t be a crash in ‘08

I have figure this one out. The economists are predicting the worst crash in history, not as a warning but as a threat.
The next crash can be staved off as long as America stays capitalist and conservative. The moment America goes liberal, it will go full socialist and crash just like every other country that has done so. They are telling us their intentions are to destroy the country if they ever get power again.

Because USA (an EU) created couple more bubbles to avoig bigger depression in 2008. Now all bubbles will burst.

Oh no, all my vast holdings of stocks, bonds, and real estate will be worthless!!!

>Why is the nest crash going to be so bad?
(((They))) as well as other non-jewish elites will never admit it publicly but IF it happens, the next Great Depression-tier crash will be worse because (((they))) have allowed more shitskins into white nations and have given many of those non-whites as much political power as whites have in their own countries have. The Great Depression involved mostly civilized whites and very few non-whites; America probably had the most non-whites experiencing Great Depression and they were still a big minority within the country.

(((They))) also see the writing on the wall as far as not being able to control the media message (for both whites and non-whites) unlike how (((they))) were able to during the Great Depression. The internet and alternative media makes it more difficult to spread (((their))) message and propaganda. (((They))) see how easily non-whites take to the Jewish Question and take to blaming jews for their problems (Louis Farrakhan, Mexicans forming neo-nazis type gangs , your average Muslim in Europe as examples). (((They))) also believe in the myth of the holocaust and think the extermination of Teh 6Million Jews was partially caused by The Great Depression-tier recessions. Israel depends on the USA to exist. They've been creating 4th Generation warfare (asymmetric war) for themselves b/c they been destabilizing the muslim nation-states that surround them in order to get their way. If the USA is thrown into a civil war, it won't be there to defend them. And Israel, b/c of it's own actions, will have less stable nation-states surrounding it to control the muslims that reside there. This means there will be all these coalitions of different factions of muslims and non-jews in the ME who will be looking to invade and destroy Israel as a nation. Israel is the country that most of (((them))) had planned to escape to when the SHTF in the white countries they been ruining.

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Silly goyim
Drama sells

God I hope so.

2008 was a single decade ago you tard

America has a big problem with municipal bonds. Basically every small local government is running on debt and they cannot repay the bonds but since they are normally at least 10 years or more to come mature they can push everything off and just not count all the bonds on their books until they come due.

So there's literally thousands of little governments out there LYING about their finances to their local citizens and the rest of the federal government. They changed the tax laws and now these governments will have to admit they have all this debt and when everyone realizes no one has any money all these small towns will instantly go bankrupt

GO ON

>Why is the nest crash going to be so bad?

because of fucking drumpft man!

Imagine the eu, imagine that you basically reduced the interest on capital so much that it's basically free for banks after the last crash to save the banks and keep the economy afloat.
Now imagine that the interest rate was never adjusted to pre crash niveau and that the eu is already flooded by cheap money.
If another crash comes it's impossible to hand out more money, we are already operating at the limit.

The next crash won't be bad at all. The way I know that is because the media is hyperbolic about literally everything since the Trump administration. Every hurricane is estimated to be BIGGER THAN KATRINA and every time it's scaled down to a category 1 or 2 at the last minute. It's all about generating headlines for revenue. These """"experts"""" are paid to frame their statements with the editor's presuppositions.

The only thing that could trigger a huge crash is the Federal Reserve, which never should've existed.

But if Millenials arent buying property wont that crash the housing market?

keynes was fucking retarded. i hope he burns in the very bottom of hell

We've angered the Merchant by attempting to deny him his future low-IQ brown slime debt slave consumer class and in retaliation he's going to use his yiddish sorcery to decimate our credit scores.

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that's what all the immigration is for goy

But immigrants dont buy houses either, right?

>why is there so many predictions that the next economic crash going to be so bad?

Because nobody clicks on a link or buys a newspaper that says "next recession won't be too bad at all".

Fuck me, do you people use your heads for anything besides a place to hold up your hat?

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The (((bankers))) have something big planned to discredit Trump and Brexit. That's why they say a huge crash is coming.

With any luck Trump can foil them.

Jews will hide the bank robbery that's libor, nato, defense, etc.

They are wtc7 pulling it

It won't. These sort of articles appear every year.

-Negative interest rates
-Raids on private savings accounts Cyprus style
-Money printing to devalue the national debt

Repo'd houses snatched up by jews, then taxpayer subsidized rental housing and other gibs while they work for cash jobs on the side.