This is just a friendly reminder from your local MSBC branch manager that it began today.
It’s not too late to put some money into cash and buy a cheap gym membership before they all get grabbed up by NEETs frugally enjoying the meltdown. If the gym isn’t your thing I strongly suggest WoW Classic or saving some cash for someone’s repossessed boat or vacation rental. This ones gonna be a long one.
TLDR; it has begun.
THE ECONOCAUST COMMENCES
What began today?
IT
BE AFRAID user
HSBC is gonna tank and finally admit to loaning china anywhere from 300B to 600B USD which has been driving their economy for the past few years. Among other shit that's about to hit the market in the coming weeks.
Link to any articles or podcasts? One would think ZeroHedge or Kyle Bass would be on this.
He's been beating this war drum for months rumors are now swirling about the loan going to shit.
youtu.be
The world is in such a fucked situation in a lot of different areas that it's taking time for it all to unroll into the public mind since there's too much to follow.
No, not IT! Not Tim Curry! AAAAAAAAAAAAAAAAAAAAAAAAAAH!
how the fuck can i pay for classic WoW with cold hard cash
Haha haha a Swede! Show me a podcast of that Somalian raping my daughter! See it didn’t happen!
It has begun. There will be at least one literal suicide at HQ this week and it won’t be a Clinton suicide, this is just my guess.
boats are fucking useless. never buy one even a used one
Drop details, not rumors.
>What have you been told as a manager
>What preparations has the bank besn taking
>Will it collapse
Do you have any actual evidence?
Drop some facts my nigger. How bad are the internal communication channels these days?
I’ve been posting this daily for a month, China is in the process of defaulting on 500 billion dollars of loans. There is a period of time on accounts that large where letters have to be sent, are you SURE you’re not going to pay? Would you like to pay some? No? Are you REALLY SURE? We’re at 6 business days past are you really sure.
Yes HSBC will collapse in September.
Kek, clearly you don't live in the best state in the union.
Just googled this and some recent articles pop up.
Apparently a few executive resignations in the past weeks. Some weird stuff about Huawei fuckery, and chinese currency stuff I don't understand.
Weimar, here we come!
What does this mean for the average American pleb and why are you telling us to buy a gym membership? Legit dumbass here.
The economy is going to crash to 2012 levels, not as low as 2009, but you will lose all your equity and most of your 401(k) if you’ve been saving since the recovery began. A gym membership is cheap and gives you something to be happy about when you are literally living like a Mexican with American prices.
Buy bitcoin?
Its gonna be worse than that
Checkem
I'll spell it out for you bucko. Here's the timeline of events.
>Market makers know things are going to shit. Probably happened in January when we bottomed out.
>Decide it's time to pump the ever living shit out of the market and call it a recovery, in reality it's them trying to shovel whatever shit is on their books to idiots not in the know.
>Market looks like it's doing well, wow numbers look good in the US, mean while the rest of the world is tanking or in decline.
>The shit is starting smell now and pumping isn't working, loans are coming due and they're not gonna get paid meaning the debt issuers are about to take a bath.
>US, EU, secondary markets are gonna see a dip in the 30-40 range assuming they weren't retarded in some unknown way. Things will get rough for a few years.
>Meanwhile china is about to go full on internal nuclear as the rest of the world is finally going to admit how much their growth has been fake.
Should be a fun month or two while this is made clear.
>A gym membership is cheap and gives you something to be happy about
pride month isn't enough?
It means global economic meltdown. America is one of the countries least tied into the system, so itll suck for awhile, but it's not going to knock us down for too long. However given the current climate of political dialogue I also wouldn't discount the possibility of serious social unrest.
China and Germany are absolutely, 100% fucked. If what OP says is true, China will cease to be a unified political entity sometime in the next year, and germany will have a spike in unemployment unlike anything we've seen since the great depression, more than likely.
He's saying get a gym membership so that you can use your time being laid off wisely and get a good price before they get crowded, I guess. I'm not 100% sure I follow on that, but that's my guess.
What about bitcoin?
Was Epstein the distraction?
Cryptos anons. Cryptos. Bust stay away from Jow Forums, they are all shilling pajeets.
Literally a crapshoot. China has been buying up a lot of bitcoin though and at the end of the day no matter what kind of global Jew magic suddenly falls apart the Chinese still have a massive production infrastructure and military and that’s where real global power resides.
Propped up by chinks trying to protect their assets from their own shitty government.
Realistically has little actual value, the only crypto worth keeping is stuff that is can't be used to hide transactions from everyone but the parties involved in the transaction AKA definitely not bitcoin and definitely for illegal trades so not a great idea to have if you like not being in jail.
Na, shit just tends to hit the fan all at once. People see a negative trend and decide now's the best time to air out their stinky shit too. Plenty of people will get arrested but it's not a distraction it's just how these things go.
>why are you telling us to buy a gym membership?
>He's saying get a gym membership so that you can use your time being laid off wisely and get a good price before they get crowded, I guess. I'm not 100% sure I follow on that, but that's my guess.
nypost.com
>Troubled ex-UN official dies after barbell falls on his neck
>Chinese still have a massive production infrastructure and military and that’s where real global power resides.
Not if the CCP goes under, and their military is a meme. Sure they've got bodies, but what the fuck are they going to do, swim across the ocean? They dont have any serious amphibious capability, and after 30 years of attempted naval buildup they haven't made it outside of their coast.
Also, what the fuck do you think defaulting on 500b of loans means? They're fucked.
So the chinese bubble is finaly going to burst?
And its draging the rest of us down with it just like pretty much everyone around the world has been saying for decades now?
What do I do with my 401k?
Post evidence or stop LARPing
I don't believe this. It is contrary to human nature.
What is destroying the West (Jews/Proto-Jews + Goy Slaves) is their own wealth. That is what causes every problem. They become contented and they invent problems, because people always believe they have problems even if things are perfect.
This means that yes, the West is killing itself, but for them to address this problem they would need to induce economic collapse. They need to instill work ethic, increase birth rates, decrease education, and basically make people suffer too much, be too tired, to go off on these wild fucking tangents about every little imaginary problem under the sun.
While this induces a greater level of social stability, everyone is an "Ally in suffering", they're all fighting the war of poverty together, in order to induce this, the West must cripple their economy. This is contrary to the instinct of the Jews which is just to amass as much money as possible, as money is functionally power which can be used to make more money.
Opulence and luxury are what are causing these problems. This means the Jews would have to sacrifice their own net worth, their own money, their own success, and thus their own extent of global power in order to save their own society. It's unlikely that they can overpower their own greed to this extent.
The west will keep glutting itself, killing itself with it's own success, because the Jews in charge cannot understand that too much success creates problem, just like too much heroin causes problems.
Sure, morphine is very useful in medicine, but it can also be abused to a great extent. The same is true with capital wealth, because the more successful you are, the more educated and jaded your population is, and thus the more indignant, volatile, spiteful, anti-social, narcissistic, and self-serving they are.
But if a currency collapses, gold isn't available for the commons, but anyone can buy Bitcoin + it's truly decentralized + it has no political association + it's truth (as in, powered by code), it's literally digital gold, obviously currently, compared to its usage it's inflated, but in a case of economical collapse, why won't people use it like in Venezuela/Brazil/Iran and China? The only obstacles for Bitcoin are technical simplifications and the banks/govs
Dildos are expensive when there’s no more cheap plastic.
You follow my logic well on the gym membership. It’s gonna be really rough this time because either Daddy Trump will not give out Daddy Obama style 99 week unemployment, or he will but in doing so he will cut welfare to all foreigners, we’ll have to wait and see which he does, I assume you’ll see a change in that policy before September.
China may collapse to be quite frank.
The HK thing is a flashpoint for the world economy. The only thing that's been keeping China going is the free economic zones that were holding up contracts and giving legitimacy to them. Taking down HK is like China saying they're done having any form of interaction with a free market.
Don't touch it unless you're about to starve. Longer term this means repatriating manufacturing and other industries in some regards because we really should learn our lesson that it's better to automate than deal with the third world.
Bitcoin and most crypto has and always will be a meme. It's not easy to buy without exposing who you are for the average person, it's only decentralized and reasonable secure in a stable world any large scale power outages/internet routing issues that last will cause it to fracture to shit, it's political as hell since people see it as the anti-government meme, code is bias as shit, you can make more of it and call it bitcoin unobtainium, true economic collapse means computers and the network that bitcoin depends on won't work. Get fucked idiot.
Firstly it's fucking hard to buy bitcoin in a lot of places. Even here in Serbia all the big exchanges don't allow you to make an account, and pretty much the only way to buy it is in ATMs with a big fee. It's also fucking fishy how much identification these sites need.
And bitcoin is nowhere near as useful as gold, a real metal with unique properties used in manufacture and other things. Bitcoin is too volatile to use as a currency, and because it can never realistically be as usable as fiat, will always remain volatile.
i'm still waiting for proof of at least one person who actually has gotting rich with bitcoin around me, and i know a lot of people around me jumped on it, and some of them very early.
Source?
>HSBC will collapse in September.
The stock chart looks like it's in freefall already.
I understand not to withdraw the 401k, but do I change the piechart to safer investments?
What securities would rise in that situation? When rich people freak out and sell, where are they putting their money?
HSBC is a major player in OTC derivatives. What happens if they collapse? Will it set off the "cascading cross defaults" Alan Greenspan warned about?
Wtf! My 401k has money in it. I better not lose it or I'm going to be pissed.
Your Moms flapping vagina.
Don’t forget Deutsche Bank sliding 8% today plus a bunch of documents were seized/handed over to feds , some of which undoubtedly ties to Epstein and the laundering he was necessarily doing.
They never thought she would lose.
Boogaloo when?
I've seen these threads before. Have you got any source for big defaults or is this shit all cloak and dagger? Also how do I Soros this situation?
China will always be successful because they're just full of slaves. If their slaves get discontented, they can just torture the fuck out of them to ensure obedience.
North Korea lives in a god awful economic state, because the world hates North Korea, but it still functions, people still live, the government remains in power.
The people who will bear the brunt of any economic problems are the middle class.
Slaves are always kept alive, you don't kill slaves. You don't kill your field niggers because the field is still there, the niggers are still there, and nothing at all changes in their life. They don't have money. Clearly an economic downturn isn't going to affect them in the slightest.
The house niggers are the ones who will suffer. They are the ones accustomed to the scraps of luxury handed to them by their masters. They are the one's in the "mobile" group. The poor are not mobile, the rich are not mobile. The only volatile population is the middle class.
Granted, in an opulent country like the west, even the field niggers get a taste of luxury, so that will likely not be as prevalent, fewer nice things, back to being poor niggers and nothing more, no "bling", that or the field niggers just starve to death because they bought trinkets instead of food, then they shoot each other over them.
Basically, you have nothing to worry about if you are just a field nigger. House niggers deserve to suffer for getting cozy with the masters. Clearly you're int it for good times and bad, you can't expect the world to be nothing but rainbows, bubblegum, and lollipops.
Yes
Okay, if China taking Hong Kong is essentially the same thing as shooting themselves in the foot, why are they doing it? Is the Chinese gov't that desperate for authoritarian control? Genuinely curious just because it seems to be against their own self interest.
what kind of retard says boats are useless? ...are you brain dead???
that or a filthy land lubber
Until they shut the power off to cut access to crypto. Don't think they won't Crypto is about as useless as rocks during a shtf scenario. I take it that you've not spent a lot of time reading dystopian novels?
China moves to crypto the entire county gets a nice fat EMP.
>Is the Chinese gov't that desperate for authoritarian control?
Yes, because that's the only way they maintain legitimacy and a unified political system. They're afraid of the country fracturing apart and cities like hongkong and Shanghai going their own way and telling Beijing to fuck off when it comes to tax time.
Exactly, can’t cut power to dem weights. Get a gym membership.
Invest in getting ripped as people start to eat their pets?
If a 25 year old American from 1940 time traveled to 2019 and read some of these posts ... work, family, home, bills and these guys are talking physical culture?
Alot of gyms (big ones) use some form of electronics, like having memberships tied to cards etc
Do you seriously think HSBC just has internal reports floating around about their biggest fuck up years? Proof is gonna be disclosed to the public and then it starts. He's not gonna post screencaps of internal docs because they're watermarked to shit.
I'm not really able to give you advice on investing. Personally I'd invest in any company talking about robotics/automation, non Chinese owned rare earth mining might also be a good idea. Generally think about things China does for the world then find companies that have been getting kicked by the commie boot for decades because they cheat.
DB/Germany is super fucked pic related.
Please stop with the jew posting and return to reddit. I really don't have the interest in reading your rants.
So China isn't like normal nations. They don't give a fuck about optics or the short term economy or even the long term quality of life of their citizens. They care about control and power, they got what they wanted from the world which is the tech needed to maintain control over their populous and commit the greatest Shoah ever done.
You talk in memes retard
There was no coherent flow in anything you said
I’d highly suggest you stop posting
>invest in any company talking about robotics/automation
Boston Dynamics?
Were there soup lines in 2012?
Retard detected.
Sure good luck buying stock of a darpa project that isn't publicly traded. Please try to be informed.
>Don’t forget Deutsche Bank sliding 8% today
That is an ugly looking candlestick today.
Zero Hedge had an article in June stating that if DB broke $6.40 the whole world was in trouble.
Cash will be inflaited away and will be come worthless. Silver is the single best thing to buy right now before its too late
Not to mention their combat rations are terrible. Hard to fight if you’re too busy puking and shitting all over the place. The PLA is in no way, shape, or form ready for a large scale conflict.
Do I cash out of my stocks now or after Labor Day boys.
Been holding Deutsche Bank puts for a long time.
I just looking for a job. What field you think the best in this circumstances?
If you owe someone a grand, you got a problem. If you owe someone 500 billion, they got a problem.
God I wish it was that easy. Truth of it is we're too dependent on the debt system for it to die without millions dying. The only thing worth having is food, water purification, land, and weapons. Self sustainability is the only thing that can ride out a true collapse now.
You don't understand the difference between a house nigger and a field nigger?
The house nigger, still a slave, gets favorable treatment from the master. Any sort of luxury, quality of life, that you get, any second you don't suffer, is just your reward for being a house nigger, for being the docile, meek nigger. The field nigger can't be controlled as easily, isn't fit for work in the house, so he stays in the field. He doesn't get any luxury.
If you give a fuck, at all, about the state of the economy, you're a house nigger. If you are rich enough, you don't give a fuck, you're going to be rich forever, regardless of anything, you own all the niggers. If you're a field nigger, you don't care, you don't have any fucking money, when you have $0, it's not like you're going to lose any money when the markets crash. You're a slave today, you'll still be a slave tomorrow. No slave master kills their slaves unless the slave deserves it, is too ornery. You don't kill your oxen for no reason, you don't kill your field niggers for no reason. They'll get being fed/housed/clothed regardless of the state of the economy.
so max out all credit cards and take out a 500,000$ loan and buy 1000 acres of land?
thanks user
nobody is talking about niggers but you
nobody cares
this is an economics thread
idiot, you only have in your head what tv told you, only clichés. also you say the n word, you patriot
Argentina collapsing and suffering an hyperbitcoinization , deutsche bank collapsing continues , china troubles increasing , hsbc found last week supporting china bank that went broke , markets collapsing even with lower interest rates.