In the event of economic collapse

So biz bros whats your plan consist of if another event like the 1930s great depression occurs again? Buy gold and silver? Food and bullets?

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it wont happen because its not allowed to happen. you will just get bled out over the next 100 years with negative rates while the rich hide behind their hedges.

Food and bullets. Das it mane

Fpbp

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The next financial crisis is the last one for the banking system.

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> not allow to happen

Tell that one to venezuela, zimbabwe, greece, etc.

Venezuala and zimbabwe were hyper inflation. Greece and the great depression was deflation. But greece was on the euro, it doesn't control its own money supply. Something like the great depression could never happen in the US. It would go down more like Venezuala.

Buy gold if you want, doesn't matter, just don't have cash. Better yet borrow money to buy real supply fixed assets like crypo / real estate. You might not make money but you won't lose it. Its not going to be the 1930s, the government will be printing $1tril a year soon.

Conditions for the 1930's depression don't exist, and are unlikely to occur, barring something like aliens invading or a huge comet hitting.

If anything, the fight for the next decade is recession, not depression. The hurt from the bailouts and kicking the can down the road from the Bush and Obama era's is coming home to roost, and while it will have an effect, it's not going to be as devastating as the Great Depression.

If you think another Great Depression is possible, despite the clear signs of a healthy economy, you're just ignorant of how the Great Depression happened, and are just falling for the idiotic meme here that everything is on the verge of collapse, when the reality is, we're not - outside of the stock market. Most of the meme is cryptofags jerking off to crypto taking over daydreams.

>genesis block message by CSW

Implying that CSW is Satoshi even though all his claims and evidence has been debunked.

The conditions in those countries is nothing like what caused the Great Depression, and are political based, Venezuela would be a wealthy nation if non-dictators were in power, not that shithead Maduro. Their economic issues are based on a completely corrupt government under Maduro.

To even compare them to the Great Depression is extremely hilarious, and just shows your utter ignorance.

We start the Holocaust for real and make sure fractional reserve banking is punishable by death in the reconstruction

>Top 5 major instigating factors of the great depression:
1. Stock market crash
2. Overall decrease in individual spending
3. Bank failure
4. Restrictive foreign trade polic
5. Drought conditions

Yeah, of all five of those, we've got the stock market throwing a hissy fit, we've got reduced consumer spending, we've got banks struggling to get new deposits, we've got increased tarrifs and isolationism, and we've got unpredictable and increasingly catastrophic environmental disasters.

Tell me again there's no parallels.

buy the dip

>implying it's not 4d chess

>genesis block message by CSW

LOL, you're a complete idiot.

1. The stock market is NOT crashing, it's correcting. People have been warning of the correction for years. It's not magic that it's suddenly happening.

2. Consumer spending is not falling, by any metric. At worst, it's slowed.

3. There are no imminent bank failures right now, in the US, not like what preceded the Great Depression, and we have stopgaps and brakes in the system to prevent it.

4. We do not have a "restrictive foreign trade policy", we have a changing trade policy, one that is more fair to the US. We're still trading in bigger numbers every year globally. Trump focused on specific markets to address trade imbalances, as he should, but the vast majority of trade is not restricted in the least.

5. There ar currently drought conditions in the Southwest US, but not in the croplands. The current drought conditions are not a threat to the majority of our crop production. You pulled this one right out of your ass.

The conditions for a Great Depression DO. NOT. EXIST.

I don't care if you spend all of your time stroking your dick to crypto fantasies, but if you do it in public, I'm going to mock you.

The economy is look healthier than it has in 10 years, but only you pathetic little cryptofags are running around Chicken Littling about the doom and gloom "Coming Soon™".

It would be pathetic if it wasn't so fucking hilarious.

We can linger on for a few more years but America and Europe is not leaving the 2020's without seeing some real shit

How about the massacre of the boomers?
1. Stock market correction
2. Rising cost of drugs & long term care
3. Pensions and SS drying up

What part of "the economy is healthy" do you not understand?

>Stock market correcting
>What is Hindenburg indicator
Were seeing higher ATH and lower ATLs.
That's not the sign of a healthy market.

>Slowing consumer spending
Yeah, and how long until it becomes a decrease?
Do your research, consumer staple spending isn't moving the way it's been expected to move, and the spending that is being done is done on credit.
Greenspan used to follow sales of men's underwear because when finances get tight, that's one of the first expenditures to go.

>No imminent bank failures
Except they're all offering lower and lower terms for starting new accounts and hawkishly pitching new programs to current customers. I wonder why.
Meanwhile, the big banks are getting in trouble for labor disputes and other fishy terms of business.

The trade policy is isolationist at heart. It's not more fair to the US, it's just a case of cutting our face to spite their eyes. And beyond the terms of the tarrifs, what the tarrifs really do is signal that the US is becoming a loose cannon. Other countries will start to consider trade deals with Russia, EU, China and Brazil, because at the very least, they can get expect them to behave more consistently than Donnie the child and his US hillbilly constituency.

There are drought conditions in the southwest, and continued ground and surface water shortages in the CA bread basket, while for several years running the north east is experiencing harsher winters, and hurricane season has become even more uncertain. Meanwhile, Donnie believes America needs to thrive on the most environmentally destructive industries that China has taken up from us.

Wherever you think this is going. Good luck

What part of 200k to 300k a year for care do you not understand?

Bottom fish the DJIA

probably true. the next crisis could happen whenever they allow it. aka the msm will say 'there is a financial crisis'. we're already in one of course but to make it 'offiical' the media needs to tell the masses. right now its damage control. who knows when they'll allow it to be offical but probs whenever they are ready and have a long term plan to see it through. the plebs, aka 99.99% are powerless, just preprare yourself, or your children. gl anons.

>despite the clear signs of a healthy economy

you do realize that's all funny money being printed right?

>2018
>Believing what CNN says

Fucking KYS

The system has already collapsed. Negative interest rates is an oxymoron.

If there is a Great depression again there will be civil wars in countries like the USA and France, also chances of getting a dictator in these situations is extremely high.
Non whites are tolerated as long as it doesn't hurt too visibly the material comfort of the white middle class, once it's trashed and ressources become scarce: expect purges.

Some cryptos do seem a good hedge against this since they're being held by people globally. It would need to be transferred back to fiat to be spent, but so would gold and silver. Food and bullets are really a last recourse, if shit truly hits the fan in an "end of civilization" kind of way. We all like to larp, but although it never hurts to cover all bases, it seems like an extremely unlikely scenario.