Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 15, 2018

Bookmark and Share

Prepare For The Imminent Economic Collapse 2018

Will the US Economic Collapse Happen in 2018? The economic forecast for 2018 is more than bleak, and there is more than enough economic data out there to show there could be an economic collapse and stock market crash in 2018.



352 Comments on "Prepare For The Imminent Economic Collapse 2018"

  1. Mad Kat on Wed, 17th Jan 2018 11:38 pm 

    MM, I know that Darwin and Einstein are no longer accurate sources of facts. You are the one who is blind to that FACT. Advances happen everyday. To hold to the flat earth theory is to be considered stupid/ignorant. That is what you are doing.

    You keep proving that you are unable to think for yourself with every post. That is NOT a sign of intelligence. Obviously the brainwashing you got at college was effective. They indoctrinated you with the “I’m educated, but I have to stop thinking for myself” virus. Some manage to overcome that handicap but, I doubt you ever will.

    When you cannot refute my claims, you revert to the immature name calling used by another loser here. Another sign of the lack of intelligence or education. Grow up. Get out of your mom’s basement. See the real world.

  2. MASTERMIND on Thu, 18th Jan 2018 12:15 am 

    The Impending Oil Shortage: Updating Our Oil Thesis For 2018

    “n 2018, the oil market will blow past being “balanced.” The global supply deficit will remain until new production is coaxed online by higher oil prices. Until then, this daily supply shortage will morph into an inventory shortage…”

    https://seekingalpha.com/article/4138151-impending-oil-shortage-updating-oil-thesis-2018

    Get ready for Anarchy soon!

  3. MASTERMIND on Thu, 18th Jan 2018 12:21 am 

    Madkat

    You have no evidence therefore I have no reason to believe anything you say. Its just your wishes and words. If you could show me some evidence that only the US is going to collapse I would gladly take a look at it. I have asked you a million times and you have shown me nothing. Sorry dude nothing personal I just dont believe in things without any reasons like you do…

  4. MASTERMIND on Thu, 18th Jan 2018 12:23 am 

    Madkat

    Do you believe in Aliens? No. But why? because there is no evidence….See that is called logic. We don’t naturally believe in things without any evidence. So why do you believe just the US is going to collapse without any evidence? Do you see now where your error in reasoning is?

  5. GregT on Thu, 18th Jan 2018 1:38 am 

    So for the last three hours, we’ve been experiencing the most bizarre weather I’ve ever seen in my entire life, for this time of the year at least. Sheet lightning? Ball lightning? I’m not sure how to describe it. I’m guessing well over 20 strikes per hour. The bolts do not hit the ground, and the thunder lasts for far longer than any thunder that I’ve ever heard before in my lifetime.

    Environment Canada has just issued a severe weather warning for the South Coast of British Columbia, and the Weather Network today said :

    B.C. will be home to most snow on the planet, here’s why.

    Areas of the South Coast of BC are expected to get up to 200cm of snow, over the next five days.

    Absolutely freaken unbelievable. FUBAR.

    https://www.theweathernetwork.com/news/articles/two-systems-targeting-british-columbia-next-week-rain-and-snow-vancouver-squamish-whistler-comox-port-alberni-abbotsford-2018/93567

  6. Simon on Thu, 18th Jan 2018 1:55 am 

    MK – Darwin and Einstien were never a source of facts, only theories … just saying

  7. GregT on Thu, 18th Jan 2018 2:09 am 

    “Darwin and Einstien were never a source of facts, only theories … just saying”

    Thats the thing about scientific theories, over time, they’re all eventually proven to be wrong.

  8. Mad Kat on Thu, 18th Jan 2018 3:26 am 

    MM, did I say I didn’t believe in aliens? I don’t remember ever addressing the topic here. I do believe that, in a universe as large as ours, logic says there must be and/or have been, intelligent ‘aliens’ on planets far away. We will never know unless they happen by.

    The human race is only a few million years old. Thousands of intelligent ‘alien’ races have likely come and gone in the universe and possibly thousands are on the evolutionary ladder to intelligence. No way to prove it either way. The Earth is not exceptional.

    THE US collapse is different. IT is observable and well under way at this moment. You are a young pup with no real experience in the old, growing US of the 50s and 60s. I do. I see the collapse happening. Especially now that I am not living in the box and the changes are more blatant every time I visit. The frog in the pot analogy.

  9. Mad Kat on Thu, 18th Jan 2018 3:28 am 

    MM, it is your blindness to reality, not my “error in reason” that is the problem. Most of what I say goes right over your head. No reading comprehension or thought.

  10. Davy on Thu, 18th Jan 2018 5:00 am 

    “THE “global” collapse is different. IT is observable and well under way at this moment.”

    They fixed the dementia

  11. Davy on Thu, 18th Jan 2018 5:01 am 

    “error in reason” that is the problem.”

    telling on yourself again.

  12. Mad Kat on Thu, 18th Jan 2018 5:19 am 

    Davy, do you have the same learning problem as MM? The inability to comprehend what you read? Obviously you do. Hint: notice the punctuation marks as a reference to MM’s fantasy comment previous. Reread my comments and then think … if you can past your drugs.

    Grasping at straws again? LOL

  13. Davy on Thu, 18th Jan 2018 5:32 am 

    “do you have the same learning problem”

    For 5 years now you been telling on yourself while you brag on how wonderful you are. You are a 75 year old failure fading away. The reason you are so enthusiastic about yourself all the while you put down others is because you are obsolete. You are an old man who ran away from home. You are nothing but talk and the worst kind.

  14. MASTERMIND on Thu, 18th Jan 2018 6:34 am 

    Simple really….when the World Economy Collapses everything shuts down…the end….The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once.I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close.

    http://www.sciencedirect.com/science/article/pii/S0921800914000615
    http://www.energybulletin.net/sites/default/files/Peak%20Oil_Study%20EN.pdf
    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
    http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
    http://www.feasta.org/2012/06/17/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse/

  15. Simon on Thu, 18th Jan 2018 8:46 am 

    All things pass, if the US gracefully Degrades, no problem, in the case of collapse, I would be very wary what you wish for.

    “Rage, Rage against the Dying of the light, go not Quietly into the great goodnight”

  16. Davy on Thu, 18th Jan 2018 9:20 am 

    Exactly Simon, the anti-Americans salivate over a US collapse without realizing the consequences. Sober and balanced people like yourself realize the tremendous risk of a quick uncontrolled unraveling of the US as a nation and economic, military, and social power. They want to think this can all happen in a vacuum but anyone with any kind of understanding of our current global civilization should realize no major power can be allowed to collapse in such a fashion and especially not the US and or China. We are all stuck with each other like it or not. We will all go down together like it or not.

  17. bobinget on Thu, 18th Jan 2018 10:09 am 

    (we may need to wait a few more days)

    Total products supplied over the last four-week period averaged over 20.5 million barrels
    per day, up by 6.2% from the same period last year. Over the last four weeks, motor
    gasoline product supplied averaged 8.9 million barrels per day, up by 3.9% from the
    same period last year. Distillate fuel product supplied averaged 4.1 million barrels per
    day over the last four weeks, up by 16.0% from the same period last year. Jet fuel product
    supplied is up 8.7% compared to the same four-week period last yea

  18. MASTERMIND on Thu, 18th Jan 2018 10:16 am 

    Davy

    I’ll bet Madkat molested children at his church..Churches are hot spots for predators because they are full of unintelligent people who don’t question anything…And the predators tell the children if they tell on them they will go to hell! He is so deluded into thinking his country will survive the collapse. And i am not biased in anyway. Why the hell would i care if any other countries survived the collapse. If I could have my wish I would wish that others would be fine because I have no hostility against other people in other countries. But that is not what the science is saying.

  19. Cloggie on Thu, 18th Jan 2018 11:09 am 

    Exactly Simon, the anti-Americans salivate over a US collapse without realizing the consequences. Sober and balanced people like yourself realize the tremendous risk of a quick uncontrolled unraveling of the US as a nation and economic, military, and social power

    The collapse of the USSR in 1991 had little impact on the world economy. In fact the nineties were “roaring”. The decline of the US could be offset against the rise of China. And most of continental Europe is booming as well. A collapsing house is not pleasant for the inhabitants but for the neighbors in the street not so much.

    Collapse is so overrated.

  20. MASTERMIND on Thu, 18th Jan 2018 11:29 am 

    Clogg

    And most of continental Europe is booming as well

    OECD Economic Growth GDP Per Capita 1970-2015 (0.5%)
    https://imgur.com/a/HXBkr#Bv4I4AF

    Real booming! LOL And the US makes up 24% of world GDP…The Soviet Union was not even double digits ever! If the US goes down the whole game is over!

  21. Davy on Thu, 18th Jan 2018 12:04 pm 

    “The collapse of the USSR in 1991 had little impact on the world economy.”

    That was a different world economy with two different simultaneous economic systems essentially operating in parallel. Of course you are going to bring up that lame comparison. Most anti-Americans like to compare the US to the USSR without considering the differences in world history.

  22. Cloggie on Thu, 18th Jan 2018 1:21 pm 

    “Real booming! LOL And the US makes up 24% of world GDP”

    https://www.statista.com/statistics/270267/united-states-share-of-global-gross-domestic-product-gdp/

    Make that 14% (PPP)

    “If the US goes down the whole game is over!”

    BS. The collapse of the US empire will be different from that of the USSR. The US still has a more or less functioning economy and this will not change. The US can’t afford a bloated MIC with little returns. But the real destabilizing factor is the demographics resulting in grave ethnic tensions and potential balkanization.

  23. Davy on Thu, 18th Jan 2018 2:28 pm 

    “Make that 14% (PPP)”

    make that more like it is more complicated than either the 14% or the 24%. An extremist will always low ball it or high ball it depending on his agenda.

    “But the real destabilizing factor is the demographics resulting in grave ethnic tensions and potential balkanization.”

    Nazi nonesense

  24. MASTERMIND on Thu, 18th Jan 2018 3:20 pm 

    Clogg

    Its 24 percent GDP…14 percent GDP PPP… They are two separate things. And Europe and Japan are going down as well. And China’s GDP is bullshit they have already admitted it.

  25. MASTERMIND on Thu, 18th Jan 2018 3:22 pm 

    Clogg

    USA GDP is the largest in the world. Nearly double that of China

    https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/

  26. MASTERMIND on Thu, 18th Jan 2018 3:23 pm 

    $12 trillion of QE and the lowest rates in 5,000 years … for this?

    https://www.cnbc.com/2016/06/13/12-trillion-of-qe-and-the-lowest-rates-in-5000-years-for-this.html

  27. Cloggie on Thu, 18th Jan 2018 3:33 pm 

    USA GDP is the largest in the world. Nearly double that of China

    There isn’t much difference between EU and US in 2016:

    https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

    In 2017 the difference will be smaller or non-existent:

    https://www.reuters.com/article/us-eurozone-economy-gdp/euro-zone-growth-eclipsing-u-s-economy-set-to-be-best-in-decade-idUSKBN1DE17N

    “Euro zone growth, eclipsing U.S. economy, set to be best in decade”

    If the US loses the dollar reserve currency status, US GDP will decline with 35-40%.

  28. Cloggie on Thu, 18th Jan 2018 3:48 pm 

    It depends a little on who you ask:

    https://www.thebalance.com/world-s-largest-economy-3306044

    In 2016, China was the world’s largest economy for the second year in a row. It produced $21.3 trillion in economic output. The European Union was in second place, generating $19.2 trillion… The United States fell to third place, producing $18.6 trillion.

    It is likely that over 2017 China will have solidified its lead over the rest and will continue to distance itself from the EU and US over the coming 5 years.

    I think China is already the #1.

  29. MASTERMIND on Thu, 18th Jan 2018 3:52 pm 

    CLogg

    Your sources LOL thebalance…No need to site the world bank.. And your Reuters article is just talking about one quarter…LOL

    And China’s GDP is fake…I have already posted the article proving that..Even their own government admitted it.

  30. MASTERMIND on Thu, 18th Jan 2018 3:53 pm 

    CLogg

    The US isn’t losing the reserve currency because Saudi, Iraq, Libya, all trade their oil in dollars. You idiot!

  31. Cloggie on Thu, 18th Jan 2018 4:00 pm 

    http://www.pewresearch.org/fact-tank/2017/08/09/few-see-eu-as-worlds-top-economic-power-despite-its-relative-might/

    Europe’s role consistently underestimated.

    That’s OK. Let the US and China lock horns to see who is top dog. And if they would engage in a real fight, it would be clear in advance who would win.

    (Spoiler: neither the US nor China)

    In unrelated news, the German language “news” outlet of the US empire der Spiegel is worried about president Macron of France. The “problem” they see: he talks humanitarian but acts populist when it comes to fake refugees. Very few people actually enter France, in the order of 80,000/year which is peanuts.

    http://www.spiegel.de/politik/ausland/emmanuel-macron-und-seine-migrationspolitik-humanitaet-oder-haerte-a-1188497.html

    Many “conspiracy theorists” thought that Macron was a water carrier of the Rothschild financial empire, but they should have 2nd thoughts by now.

    One only needs to remember how Vladimir Putin came to power, namely via (((oligarch))) Berezovsky. Some time ago Berezovsky died under mysterious circumstances, perhaps suicide. It is unlikely that somebody caused more harm to the cause of the NWO than him.

    It was a very important signal that Macron invited Putin with pomp in Versailles as the first foreign head of state. Populists in the US, France and Russia at the helm. Well, well, well.

    Placard held high during famous yearly Putin press conference, no doubt with the blessing of Vlad himself:

    https://images.thestar.com/content/dam/thestar/news/world/2017/01/12/marine-le-pens-new-less-racist-vision-for-france-has-her-ahead-in-the-polls/protester.jpg.size-custom-crop.1086×0.jpg

  32. Davy on Thu, 18th Jan 2018 4:01 pm 

    It depends a little on who you ask:

    “The World’s Top 10 Economies”
    https://tinyurl.com/y9cj9967

    “1. United States The U.S. economy remains the largest in the world in terms of nominal GDP. The $19.42 trillion U.S. economy is 25% of the gross world product. The United States is an economic superpower that is highly advanced in terms of technology and infrastructure and has abundant natural resources. However, the U.S. economy loses its spot as the number one economy to China when measured in terms of GDP based on PPP. In these terms, China’s GDP is $23.19 trillion exceeds the U.S. GDP of $19.42 trillion. However, the U.S. is way ahead of China in terms of GDP per capita in nominal terms as well as PPP; GDP per capita (PPP) for the U.S. economy is approximately $59,609 versus $16,676 in China. In nominal terms, China’s GDP per capita further falls to $8,480.”

  33. Cloggie on Thu, 18th Jan 2018 4:03 pm 

    The US isn’t losing the reserve currency because Saudi, Iraq, Libya, all trade their oil in dollars.

    Dream on:

    https://www.globalresearch.ca/a-currency-war-will-escalate-as-chinas-petro-yuan-is-set-to-challenge-the-u-s-military-backed-petro-dollar/5616456

  34. Cloggie on Thu, 18th Jan 2018 4:05 pm 

    Sure Davy, the EU doesn’t exist, despite euro, parliament, commission, energy program and in a couple of years/decade an integrated military.

    But I want you to ignore that and concentrate on China.

  35. Davy on Thu, 18th Jan 2018 4:10 pm 

    “If the US loses the dollar reserve currency status, US GDP will decline with 35-40%.”

    neder, you have a reference for that and do you have the context of the decline? IMA, does your anti-American agenda think this will happen in a Vacuum? You are clueless to the nature of currency relationships. All you understand is binary things like bigger or smaller is better according to your agenda de jure.

  36. Davy on Thu, 18th Jan 2018 4:11 pm 

    the EU is a trading area not one nation neder

  37. Cloggie on Thu, 18th Jan 2018 4:22 pm 

    The EU is indeed not a nation (and neither is the US), but it is absolutely much more than merely a trading area. Or as the EU loves to say: “an ever closer union”.

    https://www.consilium.europa.eu/en/library-blog/posts/ever-closer-union–the-legacy-of-the-treaties-of-rome-for-today-s-europe-1957-2017—online-exhibition/

  38. Boat on Thu, 18th Jan 2018 4:34 pm 

    Clog,

    You yourself talk of the far right gaining influence in the EU and let’s not forget the UK. Poland and others dont like the EU green mandates and it took trump to squeese out more dollars for a military. Lol, a ever closer union? Hows that Muslim migration worrking out for you. You paid off the Greece debt yet? Merkle and France seem together but is Germany with Merkle? They seem united on Russian sanctions though.

  39. MASTERMIND on Thu, 18th Jan 2018 4:37 pm 

    Clogg

    Globalresearch LOL you and madkat are to dumb to vet your sources…Hey I have some magic beans I would love to sell to you!

  40. Davy on Thu, 18th Jan 2018 5:05 pm 

    “an ever closer union”.

    Gaullist nonsense

  41. Mad Kat on Thu, 18th Jan 2018 5:21 pm 

    Cloggie, Tweedledee and Tweedledum think they know it all. They don’t want to hear anything positive about the rest of the world since they cannot accept hat there are better places to live than the dying US. We know better.

    The rest of the world is dumping the US more and more. The dollar continues to shrink in trade and in value. When it goes, the US will be openly 3rd world.

    You could provide hundreds of links and they would ignore them and call you names. They deserve what is coming to them and the US. Soon, The sooner the better for the rest of us. Maybe the world can live in peace if the empire burns.

  42. MASTERMIND on Thu, 18th Jan 2018 5:36 pm 

    Madkat

    What about the countries adding dollars like Iraq and Libya..Seems you only focus on the losses and not the gains! Stupid…And Asia doesnt even have a middle class. Real nice place! If working in a sweat shop is what you consider nice!

  43. Mad Kat on Thu, 18th Jan 2018 6:01 pm 

    MM, prove that they are ‘adding’ dollars. And what does two small, dying countries with no reserves, actually mean in the long run? A few billion here and there is a drop in the bucket when you talk about the hundreds of billions in the big countries like Germany, Russia, Iran, Pakistan, and even the UK. The USD is dying along with the country.

    “The explosion of Asia’s middle class is stunning. The size of this group currently stands at 500 million and will mushroom to 1.75 billion by 2020 — more than a threefold increase in just seven years.” (2014)

    https://www.huffingtonpost.com/kishore-mahbubani/the-expanding-middle-class-in-asia_b_4659416.html

    I suggest you visit Asia and see the middle class that ‘doesn’t exist’ They number MORE than the total population of the US and Canada. Easy to make up shit about Asia but hard to prove so you revert to name calling as expected.

  44. Davy on Thu, 18th Jan 2018 6:10 pm 

    mad kat struggles with his usual dying dollar routine. I have lost count on how many times he has said the same thing. Mad kat thinks if he says something long enough it will be true.

  45. Mad Kat on Thu, 18th Jan 2018 6:18 pm 

    Davy, I hardly think I am “struggling ” to prove anything. You just have a mental block about the rest of the world. That is your problem, not mine.

    The yuan is spreading. The dollar is shrinking. Reality, not fiction. Fact.

    http://www.phnompenhpost.com/business/yuan-use-gains-traction-trade-link-china-grows
    and
    https://nation.com.pk/03-Jan-2018/sbp-foresees-increase-in-yuan-use-in-trade-with-china
    and
    http://www.nationmultimedia.com/business/Yuan-to-become-major-currency-in-world-tradeHSBC-30232162.html
    and
    https://www.khaleejtimes.com/business/increased-yuan-usage-will-catalyse-gcc-china-trade

    Etc. But you will just ignore any proof.

  46. MASTERMIND on Thu, 18th Jan 2018 6:27 pm 

    Madkat

    China manipulates their currency. So it will never be the worlds reserve for that fact alone. And Iraq has the second largest oil reserves in the world. They are producing about half as much as Saudi. And Libya has the tenth largest in the world. That is plenty enough sales in US dollars. Actually the dollar is getting stronger now with Iraq and Libya…Sorry Muslims! USA USA!

  47. Duncan Idaho on Thu, 18th Jan 2018 6:27 pm 

    “So why do you believe just the US is going to collapse without any evidence?”

    https://1.bp.blogspot.com/-D8UGjYEpdD0/Wl-_sryqteI/AAAAAAAA3dA/2WK5QLTULlUCZ20BDzDU8evQfDk3htn_wCLcBGAs/s640/trumpstormylg.jpg

  48. MASTERMIND on Thu, 18th Jan 2018 6:30 pm 

    Davy

    Madkat is desperate for a narrative to prove the US is going to collapse…His dollar collapse is just foolish and stupid. We actually have more countries using dollars now than ever. My dad just went on a business trip to Panama and even down their they took the dollar. And actually preferred it over their own countries currency. Ever since Nixon pegged the dollar to oil its been a go to for scaremongering people.

  49. Davy on Thu, 18th Jan 2018 6:37 pm 

    “The yuan is spreading. The dollar is shrinking. Reality, not fiction. Fact.”
    Wow, mad kat, you are really showing massive intelligence again. Get with it mad kat. Who disputes the decline of the dollar and the rise of the Yuan? What we rational people dispute is your extreme version of the decline and rise.

  50. Mad Kat on Thu, 18th Jan 2018 6:40 pm 

    MM, and you think the US doesn’t? LMAO! The US has been devaluing the dollar since at least 1970. Before you were even thought of. And, even the IMF is saying it will replace the dollar with SDRs, backed by Yuan. But you don’t want to even think about that source of fact.

    “Recently, the US has ceased to dominate the world economy. It has run up record trade deficits and gargantuan foreign debt. China and other countries hold trillions of dollars in their forex reserves. With Obama printing trillions of dollars to stimulate the US economy, China fears that the dollar — and China’s own reserves — will crash. Hence, China wants SDRs as a rival reserve currency, phasing out the dollar.”

    https://www.cato.org/publications/commentary/can-imf-currency-replace-dollar

    “Writing of the Friday indication that the IMF will put the yuan in the basket, otherwise called the Special Drawing Right or SDR, Jan Dehn, head of research at Ashmore Group, says that it should be considered inevitable that the renminbi (RMB) will replace the dollar. ”

    https://www.barrons.com/articles/china-why-the-yuan-will-replace-the-u-s-dollar-1447699179

    “China and the International Monetary Fund (IMF) want a yuan reserve currency – and are doing everything they can to make it happen.
    Their plan is already so far along that the U.S dollar could be on its way out as the world’s primary reserve currency as early as September 2016.

    That’s when the IMF will hold a vote to determine whether to elevate the Chinese yuan to a reserve currency. The People’s Bank of China, the Chinese central bank, has demanded the IMF do just that.” China was accepted.

    https://moneymorning.com/2015/06/11/the-china-imf-plan-for-a-yuan-reserve-currency-will-topple-the-dollar/

    Need more sources? lol

Leave a Reply

Your email address will not be published. Required fields are marked *