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The Worst Economic Collapse Ever?

The Worst Economic Collapse Ever? thumbnail

Country after country has reported extremely dark economic numbers. The gigantic jobless claims, 6.6 million from the U.S. last week, are just the tip of the iceberg. For example, the service sector PMIs have been simply ghastly across the globe. We are now in a crisis of epic proportions.

But, how massive can the crisis eventually get? Since our inception, in 2012, we have contemplated three scenarios as a part of our quarterly forecasts. While we have not referred to them in each report, we have repeated them periodically. They are:  the optimistic, the most probable and the pessimistic.

But at this point our main worry is the approaching realization of the pessimistic, or the worst, scenario.  It’s likelihood, while still low, is increasing fast in our estimate.

Underpinning its severity is not the virus, but the fragility of the global economy.

Breeding chaos:  failed clean-ups and bad policies

The Global Financial Crisis (GFC) was considered a Black Swan event to many. However, it was no such thing. It was a massive failure of hedging and diversification within the global banking system, most notably in the U.S., and a number of prominent analysts saw it coming. See our blog, 10 years from Lehman. And nothing has been fixed, for an insight view on that crisis.

While banks were wound down and recapitalized in the U.S. after the GFC, an equivalent restructuring did not happen in Europe. Stricken European banks were left to linger in a state of permanent financial distress.

“Outright Monetary Transactions” or “OMT”, negative interest rates, and ECB’s QE program all aggravated the predicament of European banks.  The failure to resolve the 2008 crisis ‘zombified’ the European banking sector, a situation which persists today. (See Q-Review 3/2019 for a detailed account).

Another pivotal moment for the world economy came in March of 2009, when the Fed vastly expanded its asset purchase program of U.S. Treasuries and mortgage-backed securities. This became known as the notorious Quantitative Easing or “QE” program, and has persisted in one form or another ever since.  (See Q-Review 1/2018 for a detailed explanation.)

Central banks quickly assumed the role of “lender of first resort” in the capital markets, and their balance sheets ballooned. Asset prices rose to never-before-seen heights. Continuous market bailouts, culminating in the ‘pivot’ of the Fed in early January 2019 and its repo-bailout in September, removed all market discipline and incentivized investors to wild speculation (see Q-Review 4/2019 for details).

The giant with (debt) clay feet

Chinese leaders also reacted quickly when the financial crash of 2008 precipitated a global recession.

China initiated a massive infrastructure programs that jump-started the world economy to a renewed upward trajectory. These programs were financed by credit issued by state-controlled banks, which Beijing can compel to lend, and the banks responded by doubling the volume of loans YoY. Between 2007 and 2015, 63% of all new money created globally came from China, and most of this increase was created by commercial banks.

During 2016, China unleashed a never-before-seen credit bonanza, tripling the size of the “shadow banking sector” as a response to a slump in the Chinese housing market, which had become the backbone of the Chinese economy over the past two decades.

By the end of 2017, the assets of the shadow banking sector stood at a mind-boggling 367% of GDP. The commercial banking sector has also become extremely levered, posting over 500% growth in credit since 2008.

Alas, the Chinese banking sector is now totally incapable of coping with any significant shock, and these Chinese economy became riddled with unprofitable investments.

Into the Abyss

These fragilities, combined with the massive economic impact of the coronavirus, leads us to our most pessimistic scenario.

In it we assume that

  • Many governments will not be prudent enough in suppression measures, which will lead to severe global pandemic peaking in summer.
  • Due to the worsening outbreak and delays in containment, suppression measures will eventually be prolonged and they become draconian (“Wuhan style”).
  • The massive stimulus measures enacted by governments and central banks will be ineffective in providing support for the economy, as the tardy application of draconian suppression measures lock people at home in several key countries of the global economy for a prolonged period of time.
  • Global economic activity plunges to never-before-seen lows.
  • European banking sector breaks.
  • Eurozone unravels violently.
  • China ‘lands hard’.
  • Global financial system collapses.
  • A systemic crisis engulfs the world.

A systemic crisis simply means that the banking sector and financial markets collapse. In practice, this implies that most banking services will stop and funding through financial markets will cease. This also means that the monetary system is likely to collapse (see Q-Review 4/2019 for a detailed explanation).

It should be acknowledged that we have never faced such a scenario on a global scale (though the collapse of the Soviet Union could certainly be classified as “systemic meltdown”). That is why the sheer scale of such an apocalyptic scenario will be horrifying. They are presented in the Figure below.

Figure. The forecasted (Y-to-Y) GDP growth rates in the U.S. and in the Eurozone in 2020 – 2023. Source: GnS Economics, OECD

Fragilities laid bare

The Covid-19 pandemic will reveal all the fragilities of the world economy. The near collapse of the U.S. capital markets in mid-March was averted only through unprecedented socialization of the financial markets. However, when the Flood of corporate bankruptcies begins, central banks will not be able to withstand the onslaught. Then we will face only extreme economic options.

The global collapse scenario, presented above, would bring in its wake massive unemployment, poverty, misery and the eventual re-structuring of our whole social and economic order. The world would be utterly and permanently changed as a result.

This is something we absolutely need to be prepared for, even though its likelihood is still relatively low.

But it is increasing fast, and that should worry us all.

GnSEconomics.com



46 Comments on "The Worst Economic Collapse Ever?"

  1. Abraham van Helsing on Thu, 9th Apr 2020 1:24 am 

    The situation in Italy is clearly improving:

    https://tinyurl.com/r4zjkmg

    The new focus of corona are Spain, UK and US.

    They will eventually follow the path of Italy, only with 2-3 weeks delay.

    The weather in Europe is excellent (25C), which probably will help a lot.

    Austria is beginning with a lock-down, Germany is talking about it. Merkel had said earlier that if the doubling of infections takes more than 14 days (like is the case now), Germany could consider beginning to ease the lock-down. In Holland more people move out of the ICU units as there are moving in.

  2. Go Speed Racer on Thu, 9th Apr 2020 1:40 am 

    It’s a liberal hoax. Knew it all along. But their theft of $5 Trillion dollars, that part is very real.

  3. Abraham van Helsing on Thu, 9th Apr 2020 1:57 am 

    Anglos smelling the Chinese coffee and hating the taste of it:

    https://www.dailymail.co.uk/debate/article-8202067/ALEX-BRUMMER-China-exploit-fallout-coronavirus-giving-world.html

    “ALEX BRUMMER: How sickening that China will now exploit the fallout of coronavirus after giving it to the world”

    Wuhan Wet Market Suplise!

    https://www.youtube.com/watch?v=gwhaqBy3OZU

    [2:45] Suplise!

    The Chinese economy is already up and running again even as the US, the UK and other nations are battling to hold back the tide of illness, death and economic destruction plunging them into a recession ‘worse than the global financial crisis’, according to the International Monetary Fund.

    What is becoming clear is that by ramping up production and driving recovery, China could be the big winner from the global downturn – and that is an alarming prospect.

    Note this is NOT some continental European *sshole WW2 revanchist saying this (you know the type.lol), but the Anglo-Zionist-run DailyFail itself!

    Look, I am not interested in a Chinese-owned planet. But I am even less interested in a US-oligarch owned planet. China will never require us to hand over the keys to our civilization to the third world, but the US does (“multicult”). That’s why the US needs to go first (in its present shape), before we even begin to think to build our European defenses against a too-powerful China. And that line of defense can only be PBM + North-American balkanized “hinterlands”.

  4. makati1 on Thu, 9th Apr 2020 2:09 am 

    Sure GO. the US CIA did this on orders of the stupid Amerikan “liberals”. Nice when you can ignore reality and place false blame. Amerikans are good at it.

    You did notice that Trump made sure his ass was covered by the billions to keep his slum resorts alive and not lose money? I doubt you did. Amerikans ignore reality 100% until that 4X4 of reality hits hits them in the face. Look out! Ir’s coming for you! LOL

  5. Theedrich on Thu, 9th Apr 2020 3:03 am 

    Threat #1, the genosuicidist U.S. must go first. Abraham van Helsing is right.  We can worry about Commie China after the primary threat has been taken care of.  The Anglo-Zionist elites are by far the worst threat to planetary bioevolution.  The driving principle behind this eons-long evolution is evolutionary epistemology — the compulsory trend of all species to LEARN and become better adapted to their environments, culminating in the conscious creature, homo sapiens.  America and its vassals are forcing this process to shift into reverse, with Negroes and other atavisms becoming the idol and goal of Western civilization.  China, regardless of its ruthlessness, is determined to follow nature, expanding its intelligence and power.  In contrast, the U.S. has turned itself into a Hollywood joke.  The results are clear for all to see:

    “Peer polities then tend to undergo long periods of upwardly-spiraling competitive costs, and downward marginal returns.  This is terminated finally by domination of one and acquisition of a new energy subsidy (as in Republican Rome and Warring States China), or by mutual collapse (as among the Myceneaeans and the Maya).  Collapse, if and when it comes again, will this time be global.  No longer can any individual nation collapse.  World civilization will disintegrate as a whole.  Competitors who evolve as peers collapse in like manner.”

     —  Joseph A. Tainter, The Collapse of Complex Societies, Cambridge University Press, 1988, 1992, p. 214.

    Out of the shards, only a country with a true Wille zur Macht will arise and sweep away the dysgenic detritus promoted by the “indispensable” nation and its maudlin buffoonnery.

  6. Abraham van Helsing on Thu, 9th Apr 2020 3:47 am 

    This is an amended map (by me) of Samuel Huntington’s “Clash of Civilization”, a book (in German translation) I discovered in the Hugendubel bookshop in Munich am Karlsplatz-Stachus in 2001. I was immediately fascinated, spend 3 hours reading it in the coffee corner of the bookshop before buying it and taking it home with me:

    https://documents1940.files.wordpress.com/2017/09/worldmap-multipolar-world.jpg?w=1100&h=497

    Black folk love to call us “ice people” and themselves “sun people”. Although it is not intended as a compliment, I can live with that qualification. We are indeed ice people, that is people from the North, who in 1945 got conquered by the (((wrong people))), who could begin to plan for our (white) intentional passive destruction through open borders and diversity propaganda, especially after 1968, that is Woodstock and the CIA-sponsored Paris May uprising, lead by (((Daniel Cohn-Bendit))), which lead to the downfall of Europe’s last white nationalist, Charles de Gaulle. De Gaulle who was absent in Yalta and already during the war was an enemy of Churchill and Roosevelt, because de Gaulle very well understood that WW2 was about colonizing Europe by Americans and Soviets and that Germany was pushed into the war (but he still needed Anglos to get his country back). It was de Gaulle who made peace with the Germans at the earliest opportunity and get the European project started:

    https://www.cvce.eu/content/publication/2014/3/14/93162a4b-7c22-4d61-a27a-8f053554c92e/publishable.jpg

    Already during WW2, de Gaulle was dreaming about a post-war, post-communist continental European (anti-Anglo-Zionist) alliance with Germany and Russia. De Gaulle 1949:

    « Moi je dis qu’il faut faire l’Europe avec pour base un accord entre Français et Allemands […] Une fois l’Europe faite sur ces bases […], alors, on pourra se tourner vers la Russie. Alors, on pourra essayer, une bonne fois pour toutes, de faire l’Europe tout entière avec la Russie aussi, dut-elle changer son régime. Voilà le programme des vrais Européens. Voilà le mien ».

    (“I say that we must make Europe on the basis of an agreement between the French and the Germans […] Once Europe is built on these bases […], then we can turn to Russia. So we can try, once and for all, to make the whole of Europe with Russia too, should she change her regime. This is the program of true Europeans. Here is mine”)

    With 640 million continental Europeans, nuclear armed to the teeth, we can combine forces with North-American white nationalists, IF an uprising occurs, just like in 1776. This time around it ain’t the English that need to be defeated, this time the bell tolls for the Heebs.

    With 120 million European-Americans from the Mississippi river basin + 90 million English/Canadians-turned-Europeans we can create a European culture circle/military alliance (“Eurosphere”) we can contain an expanding “Sinosphere” of 1350 million in the western Pacific.

    This is a realistic and optimal strategy, guaranteeing white survival. Or as Lord Heseltine has said: “Germany will win WW2 after all”, sort of.

    500 years after the Europeans began to set up global empires, it is now time for a new imperial project, the colonization of the solar system by Eurosphere:

    https://www.youtube.com/watch?v=LT9YKjn67Og

  7. Davy on Thu, 9th Apr 2020 5:07 am 

    “France’s Lone Aircraft Carrier Cuts Mission Short Due To 40 Likely COVID-19 Cases”
    https://tinyurl.com/sjq7km4 zero hedge

  8. Abraham van Helsing on Thu, 9th Apr 2020 5:14 am 

    Another Corona day…

    https://nos.nl/liveblog/2329896-klm-helft-minder-passagiers-eurobonds-blijven-onbespreekbaar-voor-hoekstra.html

    ‘Het gaat beter met premier Johnson’

    BoJo is improving.

    “‘Eurobonds onbespreekbaar'”

    The Netherlands refuses to go along with “corona-bonds”, is willing to contemplate alternatives but not without “reform in Italy” (read: taking Italian tax-dodgers, the real reason for the huge Italian public deficit, to the cleaners).

    Out finance minister Wopke Hoekstra is looking extremely strong while taking on entire Southern Europe and doing the dirty work for Germany and others; this conservative tough guy could become a real power challenge to our current PM Mark Rutte:

    https://www.youtube.com/watch?v=THH8NZ5XpWo

    https://www.reuters.com/article/us-health-coronavirus-pope/pope-says-italy-tax-dodgers-bear-partial-blame-for-virus-health-care-crisis-idUSKBN21524R

    “Pope says Italy tax dodgers bear partial blame for virus health care crisis”

    I’m not a fan of Christianity or the Pope, but here the good man is right!

    “‘Spanje gaat buitenlands toerisme weren'”

    The Spanish government is going to keep foreign tourists out this year and encourages its own people to stay in Spain and celebrate the holiday season locally. Good for them, yet another blow for globalism, Spain for the Spanish!

    “KLM verwacht komende maanden 90 procent minder vluchten”

    KLM expects 90% less flights for the coming months. Bad news for KLM, good news for the environment and the fight against over-tourism.

  9. Davy on Thu, 9th Apr 2020 5:33 am 

    “Global trade will plunge by up to a third in 2020: WTO”
    https://tinyurl.com/r9rycd5 digital journal

    “Global trade could plummet by a third this year due to the coronavirus pandemic, the World Trade Organization said Wednesday, warning the deepest recession “of our lifetimes” could be on the horizon. “COVID-19 has completely upended the global economy and with it international trade,” WTO chief Roberto Azevedo told reporters in a virtual briefing from Geneva. The global trade body was projecting that “trade in 2020 will fall steeply in every region of the world, and basically across all sectors of the economy,”

  10. Abraham van Helsing on Thu, 9th Apr 2020 5:53 am 

    “Global trade will plunge by up to a third in 2020: WTO”

    Let’s hope so!

    Less globalism, more localism.
    Less traffic, less tourism.
    Less employment for women who should become mother, rather than being workers in a factory.

  11. Juan Pee Pee on Thu, 9th Apr 2020 6:40 am 

    You go “Speedy “Go Speed Racer” Gonzales”.
    “I’m with Davy on this one. I hope Trump turns himself into a dictator so that he can send all the democrats to Auschwitz in railroad cars.” ~~~Go Speed Racer aka Speeder~~~

    Gee, thanks speeder. I quoted you verbatim. Now JuanPeePee can’t claim we are not on the same page. You know, ‘Great minds hate alike.’
    Keep up the hate.

  12. Juan Pee Pee on Thu, 9th Apr 2020 6:44 am 

    Hi Speeder:

    Forgot to ask if we can start with Juan Pee Pee first into the ovens.

    Turnabout is fair play since Juan Pee Pee’s family got rich throwing opponents out of helicopters over the Atlantic Ocean.

    Now Juan Pee Pee likes doing nothing more than playing with his Pee Pee on Miami Beach.

    What a guy.

  13. makati1 on Thu, 9th Apr 2020 6:49 am 

    “China, regardless of its ruthlessness, is determined to follow nature, expanding its intelligence and power. In contrast, the U.S. has turned itself into a Hollywood joke.”

    Well said, Theedrich!

  14. Davy on Thu, 9th Apr 2020 7:21 am 

    “China, regardless of its ruthlessness, is determined to follow nature, expanding its intelligence and power. In contrast, the U.S. has turned itself into a Hollywood joke.”

    Where is the joke? LOL. A statement like that indicates someone consumed by emotions and unwilling to see the grey of things. China and the rest of the world are finished as we knew them. This is especially true of a middle income nation with exports dominating its economy like China and Europe. The financial services dominated economy of the US will likewise see a hair cut yet, China with its overpopulation and large mega cities will see particular difficulties adjusting.

  15. JuanP on Thu, 9th Apr 2020 7:22 am 

    “You go “Speedy “Go Speed Racer” Gonzales”.
    “I’m with Davy on this one. I hope Trump turns himself into a dictator so that he can send all the democrats to Auschwitz in railroad cars.” ~~~Go Speed Racer aka Speeder~~~”

    Davy never said that instead it was my ID theft.

  16. Abraham van Helsing on Thu, 9th Apr 2020 7:40 am 

    “Obesity is a major risk factor for coronavirus victims, says France’s chief epidemiologist – who says he has special fears for America”

    http://www.stationgossip.com/2020/04/obesity-is-major-risk-factor-for.html

    Yesterday all over the libtard western media was the news that US blacks are far more hurt by corona than whites. You guessed the explanation as provided by said libtards:

    “Racism!!!”

    As if whites are pushing these Hamburgers, potato chips and Coca-Cola through black throats.

    https://www.spiegel.de/politik/ausland/coronavirus-in-usa-afroamerikaner-staerker-gefaehrdet-als-weisse-a-cc23f093-30ac-4ef9-8451-bbe7de612689

    “Todesrisiko für Afroamerikaner sieben Mal höher als für Weiße”

    (Corona death risk 7 times higher for blacks as for whites)

    The real reason is NOT skin color, but health issues resulting from bad food habits.

    Poverty has nothing to do with, because it is an issue of eating TOO MUCH. Even in notorious poor Africa it has become a problem:

    https://www.nytimes.com/2018/01/27/world/africa/kenya-obesity-diabetes.html

    “In Kenya, and Across Africa, an Unexpected Epidemic: Obesity”

  17. Abraham van Helsing on Thu, 9th Apr 2020 7:56 am 

    The result of a white-nationalist government:

    https://www.breitbart.com/europe/2020/04/08/exclusive-hungarys-pro-family-policy-working-births-up-9-4-per-cent/

    “Hungary’s Pro-Family Policy Is Working, Births Up 9.4 Per Cent”

    https://sputniknews.com/us/202004081078885542-sailor-on-fourth-us-navy-aircraft-carrier-diagnosed-with-covid-19/

    Fourth US aircraft carrier with corona cases.

    Spoiler: they all are infected, it is just that they don’t know it yet.

  18. supremacist muzzies jerk on Thu, 9th Apr 2020 8:28 am 

    Whenever DavyScum is embarrassed by past stupidity, just blame it on JuanP.

    Grow-up, DavyScum, accept responsibility for being a dumbass.

    Why are you fascinated by the cock and humper pumpers?

  19. REAL Green on Thu, 9th Apr 2020 8:30 am 

    Remember Mr. Davy:

    Ancient Chinaman secret: Better pissed off than pissed on.

  20. whoa supertards galore on Thu, 9th Apr 2020 8:48 am 

    soul crushing

    Welcome to the Islamic Republic of France

    April 8, 2020 by BareNakedIslam 3 Comments

    Where the eardrum-shattering, highly offensive Muslim Call to Prayer can be heard by everyone for miles around, five times a day, EVERYDAY, starting at dawn. France Submits…. — Amy Mek (@AmyMek) April 8, 2020

  21. JuanP on Thu, 9th Apr 2020 9:00 am 

    Remember juanPee:

    Ancient Chinaman secret: Better pissed off than pissed on.

  22. JuanP on Thu, 9th Apr 2020 9:01 am 

    Whenever juanScum is embarrassed by past stupidity, just blame it on Davy

    Grow-up, juanScum, accept responsibility for being a dumbass.

    Why are you fascinated by the cock and humper pumpers?

  23. whoa supertards galore on Thu, 9th Apr 2020 9:14 am 

    blank post

  24. whoa supertards galore on Thu, 9th Apr 2020 9:15 am 

    supertard juanp
    please check my pink poodle

  25. Duncan Idaho on Thu, 9th Apr 2020 9:28 am 

    “As an anarchist, I don’t vote anyway. And since we have a choice between an ignorant narcissistic lunatic and a dementia case, I mean, really, who gives a s%it?”

  26. Davy on Thu, 9th Apr 2020 9:46 am 

    So true Idaho. So true.

  27. JuanP on Thu, 9th Apr 2020 9:55 am 

    So true Idaho. So true. and I made a mistake and used Davy’s ID above. That was me BTW

  28. REAL Green on Thu, 9th Apr 2020 10:03 am 

    So true Idaho. So true. and we made a mistake and used are Pink Poodle ID above. That was us BTW

  29. whoa supertard galore on Thu, 9th Apr 2020 10:03 am 

    why us navy in disarray our ships sunk like russian ships now

    it all started when we no longer capable burying carcasses according to muzzie customs but it’s not muzies

    mind blown

    that’s caus whitey supertard trump laid waste to our navy

    only thing i liked he pardon whitey supertard eddie galagher for roasting muzzies. i appointed specialist eddie gaglagher supertard. his title is “the lover” (of muzzies). he loves muzzies slightly less

    congrate to supertard eddie galagher

  30. Davy on Thu, 9th Apr 2020 10:17 am 

    Don’t listen to Pink Poodle. She’s obviously insane.

  31. REAL Green on Thu, 9th Apr 2020 10:20 am 

    I don’t always agree with Davy. But this time he’s obviously write

  32. JuanP on Thu, 9th Apr 2020 12:25 pm 

    I don’t always agree with juanPee. But this time he’s obviously write

  33. JuanP on Thu, 9th Apr 2020 12:25 pm 

    I listen to Pink Poodle because I am obviously insane.

  34. DavyScum@LiarHypocriteFraud.org on Thu, 9th Apr 2020 1:04 pm 

    So true Idaho. So true except I’ll still vote Trump you dumbass.

    DavyScum@LiarHypocriteFraud.org

  35. Why DavyScum Scummy on Thu, 9th Apr 2020 1:07 pm 

    Why Davy Is Davy So Scumy

    I feel scummy
    Oh, so scummy
    I feel scummy, and ugly and gay
    And I pity
    Any troll who isn’t me today

    I feel scummy
    Oh, so scummy
    It’s alarming how scummy I feel
    And so scummy
    That I hardly can believe I’m real

    See the scummy troll in that mirror there:
    Who can that scummy troll be?
    Such a lying face
    Such an ugly dress
    Such a hypocritical smile
    Such a scummy me!

  36. JuanPee is a lunatic on Thu, 9th Apr 2020 2:35 pm 

    More dumb fuck

    Why DavyScum Scummy said Why Davy Is Davy So Scumy I feel scummy Oh, so scu…

    DavyScum@LiarHypocriteFraud.org said So true Idaho. So true except I’ll still vot…

  37. Go Speed Racer on Thu, 9th Apr 2020 6:47 pm 

    Dont take it from me.
    Take it from here:

    #dempanic
    https://twitter.com/hashtag/dempanic

    #filmmyhospital
    https://twitter.com/hashtag/filmmyhospital

    #arrestfauci
    https://twitter.com/hashtag/arrestfauci

    #plandemic
    https://twitter.com/hashtag/plandemic

    Davy needs some exhaust from the tanks.

    Too bad there isn’t any forum moderator
    to remove Davy from this site. He
    pretty much wrecked it.

  38. Go Speed Racer on Thu, 9th Apr 2020 6:48 pm 

    virus is a hoax.
    hoax
    hoax
    hoax
    It’s Hillary Clinton’s big Hoax,
    so she can Get Trump, and
    win the 2016 election.

  39. makati1 on Thu, 9th Apr 2020 7:49 pm 

    Duncan, it is going to be an interesting voting day this year, IF it actually happens. So many will stay home and ignore the vermin running for government jobs.

    That there is no one better capable than those two idiots, out of 325,000,000 plus Amerikans, is a sick joke. But then, the quality of Presidents has been declining since, at least, Reagan.

    The only one less able is a corpse. Oops! Biden may not live long enough to be voted for, or sworn in, if there is any justice. then what?

  40. whoa supremacist muzies amputaiton gonna be fun on Thu, 9th Apr 2020 10:34 pm 

    supertard
    your life is in danger because jungle king supertard duterte is shooting people for breaking quaranteen

    you’re blind supertard, you have eyes but can’t see

    at first he shot druggies
    then he shot people who smoke cigs
    then he shot a lady
    then now he’s going to shoot people who break quaranteen

    once he shoots to get things done, he can never get off the addiction supertard

    listen to papa tard, i appointed you supertard please listen to me

  41. Go Speed Racer on Thu, 9th Apr 2020 10:56 pm 

    You go “Speedy “Go Speed Racer” Gonzales”.
    “I’m with Davy on this one. I hope Trump turns himself into a dictator so that he can send all the democrats to Auschwitz in railroad cars.” ~~~Speeder~~~

    Gee, thanks speeder. I quoted you verbatim. Now JuanP can’t claim we are not on the same page. You know, ‘Great minds hate alike.’
    Keep up the hate.

  42. whoa supertard makako about to be shot by darkie jungle supertard duterte on Thu, 9th Apr 2020 10:59 pm 

    Go Speed Racer on Thu, 9th Apr 2020 10:56 pm

    You go “Speedy “Go Speed Racer” Gonzales”.
    “I’m with Davy on this one. I hope Trump turns himself into a dictator so that he can send all the democrats to Auschwitz in railroad cars.” ~~~Speeder~~~

    supertard,
    u love muzzies? u a muzzie lover?

    be safe out there, this beervirus/fakevirus is tyranny of the medical industrial complex to destroy whitey supertard president paul’s republic and libery

    please stock up guns, be a bitter clinger

  43. Davy & Go Speed Racer on Fri, 10th Apr 2020 1:15 am 

    “I’m with Davy on this one. I hope Trump turns himself into a dictator so that he can send all the democrats to Auschwitz in railroad cars.”~Speeder~

    According to Gallup, 41% of the population is Independent, 25% Republican, and 34% Democratic. Multiplying 34% x 330.000.000 US population = 112,200,000 Democrats.

    The logistics necessary to process 112 million and 200,000 Democrats will be unprecedented- number of cattle box railroad cars for transport, capacity and number of ovens, capacity and number of bone crushers for rendering the skeletal remains into saleable potash fertilizer, etc.

    My point is we must start planning NOW. We need to bring together all of the applicable experts to get the ball rolling. Speeder and Davy have managerial oversight for the entire process since this is their baby, so to speak.

  44. Davy & Go Speed Racer on Fri, 10th Apr 2020 1:23 am 

    Addendum to Above:

    In order to save on processing expenses, management decided gassing was not necessary. The plan is to move the inputs from the railroad box cars directly into the ovens.

  45. Go Speed Racer on Fri, 10th Apr 2020 1:55 am 

    Hey Davy,
    Watch this one it’s just for you. Because
    this guy will run your phucking trains on time.

    Very inspired and motivational speaker.

    https://www.youtube.com/watch?v=YRsaAJEZQDs

    Definitely make you potash fertilizer.

  46. Abraham van Helsing on Tue, 14th Apr 2020 12:50 pm 

    80,000 Eastern European agricultural workers FLOWN to Germany:

    https://www.spiegel.de/wirtschaft/soziales/corona-engpass-in-der-landwirtschaft-erntehelfer-aus-rumaenien-in-berlin-gelandet-a-8e6183eb-6c22-43dd-aa9c-96ce965ddaa6

    The farmers-association confirms that these Eastern Europeans are far better than inexperienced Germans.

    No Eastern Europeans, no harvest.

    For the entire German yearly harvest 300,000 temporary agricultural workers are required, 90% are from abroad.

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