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Post by SA Hunter on Mar 21, 2020 10:27:45 GMT 10
Interesting about the 2 waves - Mar/Apr, then a big hit Jun/Jul. "Ladies and Gentlemen, the pilot has switched on the "Fasten Seatbelt" sign. We ask all passengers to return to their seat, lift up and secure their trays, we are about to hit some major turbulence"
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Post by Joey on Mar 21, 2020 10:51:36 GMT 10
I had a meeting with my financial adviser last night, and basically economy wise, it's not looking good at all. The main advice of what we can do right now with our super accounts, is call them up NOW and request that your money be transferred to CASH so it is locked in place to weather the storm that is coming now, as the current trend is falling faster then it did for the GFC ! This will save you loosing thousands on your super, I lost 2k just in the last 2 days and 3k the week before.
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Tim Horton
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Post by Tim Horton on Mar 21, 2020 13:26:11 GMT 10
Two things that have been put together on a couple other forums lately.. One the media doing some what of a hush, hush, don't worry over the start of this.. Supposedly to keep people and stock markets from panic status stopping trading and such.
Then later it comes out a number of legislators, politicians, stock market type business people all across North America have unloaded a lot of stocks before the market dips, quarantines and media coverage..
Is this a place we should be putting 2 and 2 together ?? ??
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Post by SA Hunter on Mar 21, 2020 14:03:12 GMT 10
Two things that have been put together on a couple other forums lately.. One the media doing some what of a hush, hush, don't worry over the start of this.. Supposedly to keep people and stock markets from panic status stopping trading and such. Then later it comes out a number of legislators, politicians, stock market type business people all across North America have unloaded a lot of stocks before the market dips, quarantines and media coverage.. Is this a place we should be putting 2 and 2 together ?? ?? 2+2=nothing to see people, move along, nothing to see!!!!!
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spatial
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Post by spatial on Mar 21, 2020 15:27:05 GMT 10
Canadian Prepper who has been very conservative has gone it is hitting the fan.. "FINAL WARNING: Last Chance to Prepare" Do it NOW If gov tell you not worry it is time to worry.
FINAL WARNING: Last Chance to Prepare
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spatial
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Post by spatial on Mar 21, 2020 15:31:21 GMT 10
This is how Aussies tackle social distancing Bondi beach yesterday even busier than on major holidays. Soon Sydney will be in lock down and hospitals overwhelmed. And like i said those that have the elected responsibility for community safety and security will simply say "yep you cant be trusted lets lock everyone down" Then everyone gets mad over draconian laws because well people are stupid and constantly as a collective prove their masters right The beach is now closed temporarily. www.abc.net.au/news/2020-03-21/bondi-beach-closed-over-crowds-amid-coronavirus-pandemic/12077618
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Post by spinifex on Mar 22, 2020 8:24:07 GMT 10
Previously the majority of the population lived in rural setting and have own veg gardens, chickens, a milk cow etc... Now +90% urban and remote manufacturing and farming, robots taking over most jobs, meds made with ingredients from different countries, and aging population - total moral decline, youth with no work ethics, huge drug problems and reliance on meds ----- it is very different from our parents day. 90% urban with remote manufacturing and farming is not a problem. Back then, the capacity of both farming and manufacturing were just a fraction of what exists today. Produce will continue be grown and delivered in abundance. Not like the bad old days when ag workforce got sick, couldn't get the crops sown and harvested and famine compounded on top disease. It was much worse back then! The meds from different countries? They didn't even exist before the 1940's. Only became widely used in the 50's. As things toughen up, the first to go are likely the terminally unproductive ... so our society should find itself with an abundance of extra capacity in healthcare etc and a firm moral foundation on which to build the future. It's possible that for the last 30 years we have been on the path to ruin and that what is happening now may be a great cleansing and catalyst for positive changes. The trajectory we have been on was only going to see things decline anyway. Civilisations great rebirths occur after calamities - Renaissance followed mass deaths from waves of plague that took out 1/3 of world population. Germany and Japan rose like phoenixes from utter destruction and after losing world war.
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bug
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Post by bug on Mar 22, 2020 8:30:36 GMT 10
Two things that have been put together on a couple other forums lately.. One the media doing some what of a hush, hush, don't worry over the start of this.. Supposedly to keep people and stock markets from panic status stopping trading and such. Then later it comes out a number of legislators, politicians, stock market type business people all across North America have unloaded a lot of stocks before the market dips, quarantines and media coverage.. This is now hitting the media. Apparantly private breifings were given to government officials. They then sold off stock prior to making public announcements. Same as Enron.
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spatial
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Post by spatial on Mar 22, 2020 9:16:02 GMT 10
It's possible that for the last 30 years we have been on the path to ruin and that what is happening now may be a great cleansing and catalyst for positive changes. The trajectory we have been on was only going to see things decline anyway. Civilisations great rebirths occur after calamities - Renaissance followed mass deaths from waves of plague that took out 1/3 of world population. Germany and Japan rose like phoenixes from utter destruction and after losing world war. Agreed, our agricultural knowledge and technology will mostly remain, but the human die-back will be tremendous, financial markets will be completely reset - all banking will cease soon, no doubt will be TEOTWAWKI our lifestyles will have big changes in the next few years.
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hd1340
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Post by hd1340 on Mar 22, 2020 9:18:48 GMT 10
I had a meeting with my financial adviser last night, and basically economy wise, it's not looking good at all. The main advice of what we can do right now with our super accounts, is call them up NOW and request that your money be transferred to CASH so it is locked in place to weather the storm that is coming now, as the current trend is falling faster then it did for the GFC ! This will save you loosing thousands on your super, I lost 2k just in the last 2 days and 3k the week before. $80k in 3 weeks, thinking the same
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norseman
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Practical is Tactical!
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Post by norseman on Mar 22, 2020 9:26:16 GMT 10
It's possible that for the last 30 years we have been on the path to ruin and that what is happening now may be a great cleansing and catalyst for positive changes. The trajectory we have been on was only going to see things decline anyway. Civilisations great rebirths occur after calamities - Renaissance followed mass deaths from waves of plague that took out 1/3 of world population. Germany and Japan rose like phoenixes from utter destruction and after losing world war. Agreed, our agricultural knowledge and technology will mostly remain, but the human die-back will be tremendous, financial markets will be completely reset - all banking will cease soon, no doubt will be TEOTWAWKI our lifestyles will have big changes in the next few years. Mate This could be the big reset!!
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Post by milspec on Mar 22, 2020 11:11:45 GMT 10
I had a meeting with my financial adviser last night, and basically economy wise, it's not looking good at all. The main advice of what we can do right now with our super accounts, is call them up NOW and request that your money be transferred to CASH so it is locked in place to weather the storm that is coming now, as the current trend is falling faster then it did for the GFC ! This will save you loosing thousands on your super, I lost 2k just in the last 2 days and 3k the week before. I must have had a premonition when I switched my super from growth to cash in the final quarter last year. At the time I wondered if I was being too conservative but I am mighty thankful now! Clearly we are in for significant loss of life and financial carnage at the national level. Where this is going globally .. if stability breaks down in the US we'll be on a new world stage. Either way it is goung to be a wakeup call, even today there are sheeple who dont recognise the vulnerability of pur system, even while they lament not being able to obtain ventolin and toilet paper. Its a shame CV doesnt fix stupid.
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kelabar
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Post by kelabar on Mar 22, 2020 13:14:11 GMT 10
Germany and Japan rose like phoenixes from utter destruction and after losing world war. Not really an appropriate comparison. They had the full industrialisation, huge workforce and near unlimited resources of an unattacked, fully populated US to help them. If TSHTF worldwide now, any resources or assistance will be local, very local. BTW the Marshall plan to get Japan and Germany back on their feet was one of the masterstrokes of human history. Although the Allies need to take a fair bit of the blame for WW2 at least they got it right the second time around. Kick the shit out of the enemy but then help them up. It was important to do this because nukes would have made the next round very much worse.
I may be but let's hope not. We have things so incredibly good now we should all be praying for things to stay the same. Every time I hear of some weirdo demanding "their right to wear organic alpaca wool underwear on their head" or similar rubbish I think, "Hmm, never been hungry, have you, sport? That would sort your priorities out!" As it stands now we all have food and water, we can all get a high level of medical care, we are unlikely to be snatched off the street and 'disappeared' and we all have an expectation that things will work out fine. Near unprecedented in history and a very, very good place to be. Roll on, status quo!
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Post by spinifex on Mar 22, 2020 13:20:13 GMT 10
I had a meeting with my financial adviser last night, and basically economy wise, it's not looking good at all. The main advice of what we can do right now with our super accounts, is call them up NOW and request that your money be transferred to CASH so it is locked in place to weather the storm that is coming now, as the current trend is falling faster then it did for the GFC ! This will save you loosing thousands on your super, I lost 2k just in the last 2 days and 3k the week before. I must have had a premonition when I switched my super from growth to cash in the final quarter last year. At the time I wondered if I was being too conservative but I am mighty thankful now! Clearly we are in for significant loss of life and financial carnage at the national level. Where this is going globally .. if stability breaks down in the US we'll be on a new world stage. Either way it is goung to be a wakeup call, even today there are sheeple who dont recognise the vulnerability of pur system, even while they lament not being able to obtain ventolin and toilet paper. Its a shame CV doesnt fix stupid. Covid may not fix 'stupid' but it will certainly fix 'old'. 'infirm' and 'unproductive'. It'll also fix 'snowflake' and 'depressive'.
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blueshoes
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Post by blueshoes on Mar 22, 2020 13:23:40 GMT 10
Covid may not fix 'stupid' but it will ... fix 'snowflake' and 'depressive'. nahhh. Murphys law says lots of the healthy young adults moping at home and doing nothing much cos they don't have the energy to get a job will get through ok. And still be mooching off whatever family is left at the end of the year...
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Post by spinifex on Mar 22, 2020 13:35:09 GMT 10
Germany and Japan rose like phoenixes from utter destruction and after losing world war. Not really an appropriate comparison. They had the full industrialisation, huge workforce and near unlimited resources of an unattacked, fully populated US to help them. If TSHTF worldwide now, any resources or assistance will be local, very local. BTW the Marshall plan to get Japan and Germany back on their feet was one of the masterstrokes of human history. Although the Allies need to take a fair bit of the blame for WW2 at least they got it right the second time around. Kick the shit out of the enemy but then help them up. It was important to do this because nukes would have made the next round very much worse.
You've highlighted my point precisely. If you'd asked ANY japanese or German in early 1945 where their society was headed in the near future the uniform answer would have been 'extinction' Read up about the suicide rate in eastern Germany as their terror of a rampant Soviet Union over-running them took hold. As it turned out ... they were utterly wrong. In their darkest hour with looming disaster no-one would have thought the 'Marshall Plan' could have possibly been in their future. My point is this: "the end is nigh" mentality is oft repeated throughout history. When adversity strikes it pays to look on the bright side, bide ones time and see what unfolds. Being prepared for difficulties is certainly prudent. Historical probabilities strongly indicate that somewhere on the other side of the current difficulties is a much better future.
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captain
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Post by captain on Mar 22, 2020 13:42:32 GMT 10
Covid may not fix 'stupid' but it will certainly fix 'old'. 'infirm' and 'unproductive'. It'll also fix 'snowflake' and 'depressive'. nahhh. Murphys law says lots of the healthy young adults moping at home and doing nothing much cos they don't have the energy to get a job will get through ok. And still be mooching off whatever family is left at the end of the year... Yep - those young adults you just mention got a doubling of their handouts today. While, we the workers got zip.
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Post by spinifex on Mar 22, 2020 13:50:03 GMT 10
I had a meeting with my financial adviser last night, and basically economy wise, it's not looking good at all. The main advice of what we can do right now with our super accounts, is call them up NOW and request that your money be transferred to CASH so it is locked in place to weather the storm that is coming now, as the current trend is falling faster then it did for the GFC ! This will save you loosing thousands on your super, I lost 2k just in the last 2 days and 3k the week before. I must have had a premonition when I switched my super from growth to cash in the final quarter last year. At the time I wondered if I was being too conservative but I am mighty thankful now! Clearly we are in for significant loss of life and financial carnage at the national level. Where this is going globally .. if stability breaks down in the US we'll be on a new world stage. Either way it is goung to be a wakeup call, even today there are sheeple who dont recognise the vulnerability of pur system, even while they lament not being able to obtain ventolin and toilet paper. Its a shame CV doesnt fix stupid. So ... you're all in on 'deflation' and flying naked for 'inflation'? Or balanced in other ways? I can't decide which way things will go. I reckon banks and governments will do whatever it takes to ignite inflation. And will ultimately succeed spectacularly. So am staying in the shares game as a hedge. I'm really hoping for a huge real-estate/Ag land crash. If that happens its happy days for Spinifex.
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Post by spinifex on Mar 22, 2020 13:54:59 GMT 10
Covid may not fix 'stupid' but it will ... fix 'snowflake' and 'depressive'. nahhh. Murphys law says lots of the healthy young adults moping at home and doing nothing much cos they don't have the energy to get a job will get through ok. And still be mooching off whatever family is left at the end of the year... Alas ... that may be the case. But if the economy fully craters and most of the hosts end up with financial dysentery the parasites will be shat out.
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bug
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Post by bug on Mar 22, 2020 14:37:26 GMT 10
nahhh. Murphys law says lots of the healthy young adults moping at home and doing nothing much cos they don't have the energy to get a job will get through ok. And still be mooching off whatever family is left at the end of the year... Yep - those young adults you just mention got a doubling of their handouts today. While, we the workers got zip. Yep. There should be no such thing as a handout. Only a low interest loan. If aren't infirm/disabled and are in a low paid unstable job, cast your mind back to when you were at school goofing off, smoking dope or whatever. Think of how that led to where you are now.Those who were and are working should in no way be subsidising your lazy selfish existance. This would be the perfect time for Atlas to shrug.
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