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Stock Market Crash! (merged) Pt. 17

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Thu 17 Sep 2020, 20:00:32

AdamB wrote:
Armageddon wrote:He’s smart enough to understand the FED has been printing trillions to keep things from crashing and realizes it can’t go on forever. That’s why he bought a few million in gold eagles.


And gave your wife a place in Naples, and invested her funds in the S&P? And made sure Alex Jones parrots didn't have their names on the account!

Seriously Armie, don't you have any predictions like in the bad ol' days? Did you ever explain why your draft call went bad, or do you want to stick with underestimating the Fed on that one as well?




You’re just upset that all my predictions are coming true. I get it.


On another note...

More Than 380,000 Applied For A Job At Amazon In One Day

This is the future of America.

Definition of corporatocracy...
a society or system that is governed or controlled by corporations
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby AdamB » Thu 17 Sep 2020, 21:14:55

Armageddon wrote:You’re just upset that all my predictions are coming true. I get it.


Yeah..about that draft thing in 2006...you going to keep gaslighting folks in the hope that they are dumb enough to confuse that with "my predictions are coming true", or does competing in the kindergarten league of intellect as high as you ever expect to achieve?

Armageddon wrote:On another note...

More Than 380,000 Applied For A Job At Amazon In One Day

This is the future of America.


What do you mean by "this"? Lots of folks applying for better than minimum paying jobs? This is a bad thing, in your kindergarten prognostication league?

Armageddon wrote:Definition of corporatocracy...
a society or system that is governed or controlled by corporations


Jesus Armie, is you not even knowing the most basic definitions of words what gave you away to the father in law?

Definition of conspiracy
1: the act of conspiring together


Merriam Webster
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Thu 17 Sep 2020, 22:17:09

AdamB wrote:
Armageddon wrote:You’re just upset that all my predictions are coming true. I get it.


Yeah..about that draft thing in 2006...you going to keep gaslighting folks in the hope that they are dumb enough to confuse that with "my predictions are coming true", or does competing in the kindergarten league of intellect as high as you ever expect to achieve?

Armageddon wrote:On another note...

More Than 380,000 Applied For A Job At Amazon In One Day

This is the future of America.


What do you mean by "this"? Lots of folks applying for better than minimum paying jobs? This is a bad thing, in your kindergarten prognostication league?

Armageddon wrote:Definition of corporatocracy...
a society or system that is governed or controlled by corporations


Jesus Armie, is you not even knowing the most basic definitions of words what gave you away to the father in law?

Definition of conspiracy
1: the act of conspiring together


Merriam Webster




What the fuck are you babbling about?
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby AdamB » Thu 17 Sep 2020, 23:45:51

AdamB wrote:
Armageddon wrote:Definition of corporatocracy...
a society or system that is governed or controlled by corporations


Jesus Armie, is you not even knowing the most basic definitions of words what gave you away to the father in law?

Definition of conspiracy
1: the act of conspiring together


Merriam Webster



Armageddon wrote:What the fuck are you babbling about?


Your ignorance of the most basic definition of words. Obviously. Come on Armie, are you pretending you don't know what myself and your father-in-law spotted in you five minutes after we met/talked to you? Good God man, you don't even know the definition of WORDS.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby StarvingLion » Fri 18 Sep 2020, 12:41:39

I'm a genius: AMZN and AAPL tanking big time just to keep WTI over 40. Gold is going nowhere. NEM has gone down in the past 1 month.

The oil complex (XOM, BP, Suncor, and EOG) are tanking big time at WTI 41. They need WTI at 80.

Junk Currency failing. Boeing failing.

"Very serious situation in Europe unfolding"....Yeah they are oil broke.
"Warnings about runaway inflation are just 'ghost stories'"....well thats what Shale "oil" is, runaway inflation. Thats why gold is a bad investment too. Runaway inflation is not tolerable inflation, its immediate Total Collapse.

Big Oil will get bailed out in the next year by zeroing out accounts of the non credit worthy who still have cash.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby StarvingLion » Fri 18 Sep 2020, 12:50:00

The Nuclear Industry in Scamerica is about to Totally Collapse. The Exelon Corporation is waving goodbye. EXC down 2% today, total freefall for the past month.

The Nuclear Industry is tied to the hip of the Oil Industry. Thats why the Oil Industry hates it.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby StarvingLion » Fri 18 Sep 2020, 12:55:26

Wave goodbye to New York, its been nice knowing ye.

Nielsen Holdings PLC is an American information, data and measurement firm. Nielsen operates in over 100 countries and employs approximately 44,000 people worldwide. The company is listed on the New York Stock Exchange and is currently a component of the S&P 500.

Headquarters: New York, New York, United States

nlsn stock down 6%.

Ralph Lauren Corporation is an American fashion company producing products ranging from the mid-range to the luxury segments. They are known for the clothing, marketing and distribution of products in four categories: apparel, home, accessories, and fragrances.

Rl down 5%.

The IBM corporation will soon collapse too. Down 1%.

Headquarters: Armonk, New York, United States
Last edited by StarvingLion on Fri 18 Sep 2020, 13:17:59, edited 1 time in total.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby StarvingLion » Fri 18 Sep 2020, 13:00:14

WTI is now going red.

Retards like sparky say its irrelevant. Yeah sure.

Scamazon has gone from 3200 to 2900 in just 5 days. Thats the trigger for my massive stock market collapse happening right now.

XOM has now almost given up all its gain from the past 6 months of money printing.

Its over.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby StarvingLion » Fri 18 Sep 2020, 13:05:37

Armageddon says there is all this money printing. So why isn't the Dow at 40,000 and gold 3000?

Bah, what a fool he is.

He can't understand that RUNAWAY INFLATION is Immediate Total Collapse.

He's a fake PO believer, he's a crank no better than Adam.

Natural gas + EV's?

Yeah thats gonna float this giant welfare state scam totally dependent on oil revenue

Corporates?

Yeah those broke outfits are gonna control the rampaging hordes.

Yeah its all good...sure it is.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby bochen787 » Fri 18 Sep 2020, 13:17:40

StarvingLion wrote:WTI is now going red.

Retards like sparky say its irrelevant. Yeah sure.

Scamazon has gone from 3200 to 2900 in just 5 days. Thats the trigger for my massive stock market collapse happening right now.

XOM has now almost given up all its gain from the past 6 months of money printing.

Its over.


Trump is going to hold it together until after the election come hell or highwater
Then if he loses, he will pop it on purpose and blame on Biden
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Fri 18 Sep 2020, 17:49:42

Central banks are failing and they are panicking. Gold is telling us this. Since 2000, most major currencies are down circa 85% against gold. That is a total condemnation of the central banks and their failed experiments in creating unlimited money that has ZERO value.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Fri 18 Sep 2020, 17:51:51

StarvingLion wrote:Armageddon says there is all this money printing. So why isn't the Dow at 40,000 and gold 3000?

Bah, what a fool he is.

He can't understand that RUNAWAY INFLATION is Immediate Total Collapse.

He's a fake PO believer, he's a crank no better than Adam.

Natural gas + EV's?

Yeah thats gonna float this giant welfare state scam totally dependent on oil revenue

Corporates?

Yeah those broke outfits are gonna control the rampaging hordes.

Yeah its all good...sure it is.



I’m a 100% PO believer. Ive always said the economy will crash before PO will be completely felt. Demand destruction will hide the full PO effects
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby AdamB » Fri 18 Sep 2020, 18:24:18

Armageddon wrote:I’m a 100% PO believer.


We are aware of your religious beliefs. And how you declared it happened 15 years ago or so.

Armageddon wrote: Ive always said the economy will crash before PO will be completely felt.


So...the economy crashed in 2004, when you said that PO had happened in 2005?

Armageddon wrote: Demand destruction will hide the full PO effects


Demand destruction might be the cause of PO. Duh.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Sun 20 Sep 2020, 00:03:13

40 million could be evicted

-32% GDP2nd qrt

1.3 T CMBS delinquency

60% small businesses permanently closed

Car delinquency on the rise

Credit is shot

Currency crisis

Big city departure

Social/political unrest

War drums

Market at ATH?
Risk happens fast
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby REAL Green » Sun 20 Sep 2020, 06:12:19

Armageddon wrote:40 million could be evicted...-32% GDP2nd qrt...60% small businesses permanently closed


Arm, the 40 MIL evicted is extreme. Your "-32 GDP" is year over year and there has been recovery somewhat. Keep in mind this is global decline so a relative decline of all. This is important because there is nowhere to run to safety which keeps the panic subdued. 60% closures figure is extreme. Many small businesses will transition to a new reality. I am an advocate of macro decline with globalism at or near the inflection. I do not buy into quick collapse or depression drama though. It could happen but odds are it won't. It is bad out there but localized for the extreme bad by regions and sectors. BTW, in my opinion this shock was a good one in regards to needed house cleaning. Markets are warped from reality but that will change eventually. It may get worse especially if war both cold and hot occur but overall, this may prove a positive occurrence in regards to needed decline to prepare the people for worse in the future.

Debt figures are digital and unreal today. The real is main street. Real wealth in the world is not reflected in the unreal debt figures. Assets and Liabilities should correspond in the real world where debt is not reflected properly is future value. That is just a Ponzi measure and unreal. There will have to be a debt reconciliation at some point meaning a mark to reality. The rich really don't have the billions represented. Debt has gone non-linear reflecting systematic dislocations. This will dramatically affect real world production of goods and services but not in the way expected. Financialization will be rationalized at some point. Debt will be reality tested by real world reality. At this point trillions are unreal globally. This is mostly the from the top .01%. The poor are poor and that is real. The rich are not as rich as advertised and they may be getting richer on paper but more in the way of wealth inequality. The pie is shrinking and they are taking more but mostly they are playing the market casino with their fake wealth. It is worse for the rich in regards to reality becuase they are the farthest into unreality.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Outcast_Searcher » Sun 20 Sep 2020, 13:49:39

REAL Green wrote:
Armageddon wrote:40 million could be evicted...-32% GDP2nd qrt...60% small businesses permanently closed


Arm, the 40 MIL evicted is extreme.

Given that there is a LEGAL MORATORIUM on ALL evictions, yeah. Even a dozen would be extreme, given the reality. :roll:

And when the dems are in power, NO DOUBT such a moratorium will be extended as long as they perceive meaningful need to do so due to COVID-19 issues. (Or even beyond, as much as they hate landlords and love to buy votes from "oppressed" renters CHOOSING to live in very expensive cities / neighborhoods).

If the constant economic doom blaring clown car troupe actually dealt with reality, they would have so very little to whine about. So aside for entertainment purposes from those who WANT to hear "scary bad" news and tales of doom, little wonder why their signal to noise ratio over time is so very nearly zero.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Outcast_Searcher » Sun 20 Sep 2020, 14:03:17

Armageddon wrote:40 million could be evicted

Absolute nonsense. What part of complete eviction moratorium for those in financial distress from COVID-19 do you deliberately fail to understand, giving you the usual ZERO credibility re your (uncited as usual) claims?

Armageddon wrote:Currency crisis

Absolute nonsense, as I've pointed out repeatedly. The dollar has been basically flat the past couple months. It's only down about 4% for 2020. It's right in the middle of the range for the past 5 years or 20 years or 35 years, per a 35 year DXY chart.

https://www.tradingview.com/symbols/TVC-DXY/

Armageddon wrote:Big city departure

SO WHAT? It's a GOOD thing if people will be commuting less (working from home), and NOT paying IDIOTIC rent levels in places like SF, NYC, etc.

If people were moving to the cities (as the trend will surely resume, once COVID-19 is well under control), you'd be whining about that.

Risk doesn't "happen fast". Risk is a part of life for those mature enough to think like adults instead of infants. Endless false economic bleating by your ilk happens CONSTANTLY though, so there is that. :roll:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Armageddon » Sun 20 Sep 2020, 18:10:41

Global Debt Is Exploding At A Shocking Rate

Global debt/GDP surged to an all-time high in Q1 '20, with overall debt for the non-financial sector now worth 252% of global GDP. This is up from 241% at the end of 2019, the biggest quarterly jump ever according to BIS data.

https://www.zerohedge.com/markets/globa ... cking-rate


How long have I been saying that?
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Re: Stock Market Crash! (merged) Pt. 17

Unread postby AdamB » Sun 20 Sep 2020, 19:34:06

Armageddon wrote:https://www.zerohedge.com/markets/globa ... cking-rate

How long have I been saying that?


Parrots don't get credit for....you know..parroting....

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Re: Stock Market Crash! (merged) Pt. 17

Unread postby Subjectivist » Sun 20 Sep 2020, 21:14:16

Armageddon wrote:Central banks are failing and they are panicking. Gold is telling us this. Since 2000, most major currencies are down circa 85% against gold. That is a total condemnation of the central banks and their failed experiments in creating unlimited money that has ZERO value.


Failing in what sense? I don't see any lines of people being turned away by the local bank, nor economies grinding to the halt due to lack of credit and currency to exchange for goods and services.
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