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1929 Crash and Financial World Markets Now!

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2 comments

  • bpost
    The collapse will happen when the common working man stops believing in the mystem. Not before then, no matter who shouts the sky is falling. As long as folks believe in the current system, Fiat money or not, international bankers, drug cartels, Russia, North Korea, wars in the Middle East none of it matters as long as folks believe.

    When they do stop believing there will be hell to pay on earth.
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  • nodog
    quote:Originally posted by bpost
    The collapse will happen when the common working man stops believing in the mystem. Not before then, no matter who shouts the sky is falling. As long as folks believe in the current system, Fiat money or not, international bankers, drug cartels, Russia, North Korea, wars in the Middle East none of it matters as long as folks believe.

    When they do stop believing there will be hell to pay on earth.


    After mulling your comment over I think it's the broadest brushing I've ever read.

    It wasn't a failure to believe that caused the crash of 1929, it was greed and corruption. Like today an entity tried to infuse the market with cash to get it over the hump and back on track to continued and growing greed and corruption. Unlike to day that infusion was in the private sector, today it's government and instead of the greed and corruption being put in check as it was then, it's been allowed to fester. Meaning the crash will be much greater this time.

    Like everything, one event is led up to, not the originator. Sins are often paid for by future generations and future generations pay for ours. Here's a book that paints a partial picture of that being played out.


    The Perils of Prosperity, 1914-1932, 2nd Edition [Paperback]
    William E. Leuchtenburg (Author)

    I'm convinced that our arrogance before WWI and on led to the creation of the Atomic bomb. WE stood and declared before WWI that wars were over and times of prosperity the direction the world would go, we were wrong headed then and continued to be even after WWI making the claim that now wars were over.

    Because of this arrogance we stood before the world and boldly proclaimed the only way to disarm is to disarm and made deals with all the other nations to dump our "weapons of war". "Bad guys" love this talk when they're down and defeated and gladly agreed. We even gave Japan control of the Pacific even though their history was one of world dominance.

    Because we disarmed the bad guys armed thinking they could win. This time we needed an atom bomb to end it when if we would've maintained a strong defense the enemies of peace would never have been emboldened.

    "There will always be wars and rumors of wars". God said that, arrogant man said otherwise and because of it a great many people suffered.
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