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US Economy Enters Depression And The End Of The Petrol-dollar This October - Foreign Affairs - Nairaland

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US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 6:43pm On Sep 23, 2021
With the unraveling of the World's biggest Ponzi scheme ongoing in China with the bankruptcy of China's mega Evergrande Group to which the CCP has said they will only force Evergrande to pay off local investors thereby setting a massive default globally in their $57 trillion dollar portfolio, the US is about to witness another Lehman Brothers event.

That aside, the US govt is shutting down this October over partisan dispute in Congress to fund Biden's Socialist ambitions in his Build Back Better which is just another fancy word for The Green New Deal.

The US debt limit can not be increased without sending wrong signals globally about the fiat printing money scam behind the US Federal Reserves and given that the IMF/World Bank and the private institution known as the US Federal Reserves have since decided to ditch the dollar for a global currency which they dubbed as a new Brenton-Woods moment, it should be crystal clear that the dollar has finally ran its course and those behind it want to take out the US economy as a distraction before doing a quick one with a digital fiat currency.

Inflation is an all time high in the US and every indicator shows it isn't going anywhere soon since most Americans have refused to work owing largely to free fiat money handouts being doled in the name of Covid.

The socialization of America is complete. Now they will have a mouthful of the bitter communist after taste.

What can we in Nigeria do to preserve our wealth?

Forget Forex. As that will soon have same value as tissue paper. Bitcoins and other cryptos? Wrong. Those ones are valued in the same fiat currencies that are about to be phased out. What you need to do now (and I mean NOW) is convert as much of whatever physical cash into gold or silver preferably smaller dominations of 5-20grammes units.

By end of October, there will be a major global financial and economic melt-down which just like the scamdemic is orchestrated from the very top by same characters that convene each year at Davos.

5 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by budaatum: 6:51pm On Sep 23, 2021
I hope you realise the debt ceiling keeps being raised.

That said, October soon come. And to be honest, Americans did China to themselves.


https://www.youtube.com/watch?v=55892jT06aI
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by Corporate2020: 6:52pm On Sep 23, 2021
The poster has mental problems. A US economy in recession is far better than a Nigeria economy in fake growth.

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 6:54pm On Sep 23, 2021
budaatum:
I hope you realise the debt ceiling keeps being raised.

That said, October soon come. And to be honest, Americans did China to themselves.


https://www.youtube.com/watch?v=55892jT06aI


How high can you go?

The debt ceiling is at 29Trillion and climbing.

Whose going to pay for it when most Americans are voluntarily out of work and collecting free money?

Where is the productivity that will lead to wealth and then tax to pay off this debt?

A crash is coming and it will be the end of both the US dollar and economy as we know it.

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 6:55pm On Sep 23, 2021
[s]
Corporate2020:
The poster has mental problems. A US economy in recession is far better than a Nigeria economy in fake growth.
[/s]

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 6:57pm On Sep 23, 2021
Last time Democrats passed a ''New Deal'' the world went into war to pay for it.

Something very big is about to happen as all global resets are always enforced by war.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by dasparrow: 7:02pm On Sep 23, 2021
One thing I know is that America has been struggling economically lately due to the negative effect the coronavirus pandemic had on their economy. There have been all manners of shortages in America as of late. So this news comes as no surprise to me. Oh well!

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by Patriot9: 7:07pm On Sep 23, 2021
End of US dollars, end of US dominance, China is taking over, end of US economy bla bla bla bla.......
I have been hearing these statements since I was writing my second waec exam

5 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by Patriot9: 7:07pm On Sep 23, 2021
End of US dollars, end of US dominance, China is taking over, end of US economy bla bla bla bla.......
I have been hearing these statements since I was writing my second waec exam tongue
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 7:14pm On Sep 23, 2021
dasparrow:
One thing I know is that America has been struggling economically lately due to the negative effect the coronavirus pandemic had on their economy. There have been all manners of shortages in America as of late. So this news comes as no surprise to me. Oh well!

Shey dey want socialism?

Didn't they hear of the empty shelves in the USSR?

Biden is to America what Buhari is to Nigeria.

Both of these bumbling dementia ridden idiots were selected to make Nigeria and US to accept global communism.

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by marveangel(m): 7:17pm On Sep 23, 2021
All these dooms day prophecies. Just watch nothing major will the happen the world will just keep going like nothing has happened. If the world didn't end in 2020 nothing will end this world again
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by seunmsg(m): 7:28pm On Sep 23, 2021
Absolute rubbish.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by nairabacks(f): 7:33pm On Sep 23, 2021
The great harlot Mystery Babylon fell...and the world wept.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by SadiqBabaSani: 7:35pm On Sep 23, 2021
grin grin grin lets have it uppppp
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by nku5: 7:38pm On Sep 23, 2021
America voted for their own Buhari and kicked out the man that could have saved them from the coming decline

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 7:39pm On Sep 23, 2021
seunmsg:
Absolute rubbish.

Tell your Buhari that China will not be collecting worthless dollars as repayment in the nearest future.

We will start selling Zombies like you to the CCP to harvest your organs to repay the debt to China.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by budaatum: 8:04pm On Sep 23, 2021
AntiMahdi:


How high can you go?

The debt ceiling is at 29Trillion and climbing.

Whose going to pay for it when most Americans are voluntarily out of work and collecting free money?

Where is the productivity that will lead to wealth and then tax to pay off this debt?

A crash is coming and it will be the end of both the US dollar and economy as we know it.


How high can you go is a question asked everytime the ceiling goes higher, "and a (debt induced) crash is coming" is about to be half the age of Methuselah.

I doubt money can be free when its printed. Americans would tell you the dollar devalued with every turn of the money printer. That cost is bourne by every dollar spent.

https://wolfstreet.com/2021/09/13/consumers-expect-their-earnings-to-get-whacked-by-red-hot-inflation-feds-survey/
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by budaatum: 8:05pm On Sep 23, 2021
nku5:
America voted for their own Buhari and kicked out the man that could have saved them from the coming decline

I hope you would do what America did if 500,000 Nigerians die on the watch of the person kicked out.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by gammarays1: 8:06pm On Sep 23, 2021
nku5:
America voted for their own Buhari and kicked out the man that could have saved them from the coming decline
So the man that could have saved them didn't do that in four years?
American economy has been like a decorated coffin all these years.
Their mortgage system was one of their great undoing.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 9:13pm On Sep 23, 2021
gammarays1:

So the man that could have saved them didn't do that in four years?
American economy has been like a decorated coffin all these years.
Their mortgage system was one of their great undoing.

Mortgage plus property tax and then income taxes is what the Jewish Federal Reserves used in enslaving Americans and we can thank the idiot democrat President of Woodrow Wilson for setting the stage for America's enslavement.


Do you know that Building codes and regulations that mandate the use of match-wood as building material in place of other durable and long lasting material is all part of the Jewish bankster tricks to allow the supposed owner of the property constantly seeking loans to maintain the house from wood rot and termites?

America is a big scam.

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by joyandfaith: 10:10pm On Sep 23, 2021
What should we do? Lol
Seriously, if world economy fails to recover from effect of covid pandemic, war is inevitable. Economy will be reset. US is preparing for a major war or crisis, and that is the reason why it pull out of Afghanistan.
Outcome of the next world war will make united nation stronger and the organization will play major roles in enforcing international rules. Anglo-American domination will be over not no nation will replace US/UK as a world power, rather conglomerate of nations including US, UK, China etc will serve as world powers through United nation.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 10:20pm On Sep 23, 2021
[s]
joyandfaith:
What should we do? Lol
Seriously, if world economy fails to recover from effect of covid pandemic, war is inevitable. Economy will be reset. US is preparing for a major war or crisis, and that is the reason why it pull out of Afghanistan.
Outcome of the next world war will make united nation stronger and the organization will play major roles in enforcing international rules. Anglo-American domination will be over not no nation will replace US/UK as a world power, rather conglomerate of nations including US, UK, China etc will serve as world powers through United nation.

[/s]

Spoken like a true agent of Jewish globo homo.

Look, there won't be any useless one world govt ruled by your Jewish kike messiah

I will not eat the bugs as dictated by your Jew rat Klauss Schwab at the WEF.

I will not self sterilize and murder myself by taking your jewish poison in the form of an experimental and highly dangerous mRNA therapeutic for a disease which your Jewish masters created in a Chinese BIO-Weapons lab which has a 99.8% recovery.

I will own property and will not live in a pod.

And yes, I will remain unhappy and stressed till the day I leave this clown world.

Does your jew rat brain understand what I am saying?

Bloody kike.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by joyandfaith: 10:27pm On Sep 23, 2021

AntiMahdi:
[s][/s]

[s]Spoken like a true agent of Jewish globo homo.

Look, there won't be any useless one world govt ruled by your Jewish kike messiah

I will not eat the bugs as dictated by your Jew rat Klauss Schwab at the WEF.

I will not self sterilize and murder myself by taking your jewish poison in the form of an experimental and highly dangerous mRNA therapeutic for a disease which your Jewish masters created in a Chinese BIO-Weapons lab which has a 99.8% recovery.

I will own property and will not live in a pod.

And yes, I will remain unhappy and stressed till the day I leave this clown world.

Does your jew rat brain understand what I am saying?

Bloody kike.
[/s]
Did you see jews in my post?
You are suffering from obsessive compulsive disorder.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by joyandfaith: 10:31pm On Sep 23, 2021
AntiMahdi:
[s]With the unraveling of the World's biggest Ponzi scheme ongoing in China with the bankruptcy of China's mega Evergrande Group to which the CCP has said they will only force Evergrande to pay off local investors thereby setting a massive default globally in their $57 trillion dollar portfolio, the US is about to witness another Lehman Brothers event.

That aside, the US govt is shutting down this October over partisan dispute in Congress to fund Biden's Socialist ambitions in his Build Back Better which is just another fancy word for The Green New Deal.

The US debt limit can not be increased without sending wrong signals globally about the fiat printing money scam behind the US Federal Reserves and given that the IMF/World Bank and the private institution known as the US Federal Reserves have since decided to ditch the dollar for a global currency which they dubbed as a new Brenton-Woods moment, it should be crystal clear that the dollar has finally ran its course and those behind it want to take out the US economy as a distraction before doing a quick one with a digital fiat currency.

Inflation is an all time high in the US and every indicator shows it isn't going anywhere soon since most Americans have refused to work owing largely to free fiat money handouts being doled in the name of Covid.

The socialization of America is complete. Now they will have a mouthful of the bitter communist after taste.

What can we in Nigeria do to preserve our wealth?

Forget Forex. As that will soon have same value as tissue paper. Bitcoins and other cryptos? Wrong. Those ones are valued in the same fiat currencies that are about to be phased out. What you need to do now (and I mean NOW) is convert as much of whatever physical cash into gold or silver preferably smaller dominations of 5-20grammes units.

By end of October, there will be a major global financial and economic melt-down which just like the scamdemic is orchestrated from the very top by same characters that convene each year at Davos.
[/s]


Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by joyandfaith: 10:32pm On Sep 23, 2021
AntiMahdi:


[s]Mortgage plus property tax and then income taxes is what the Jewish Federal Reserves used in enslaving Americans and we can thank the idiot democrat President of Woodrow Wilson for setting the stage for America's enslavement.


Do you know that Building codes and regulations that mandate the use of match-wood as building material in place of other durable and long lasting material is all part of the Jewish bankster tricks to allow the supposed owner of the property constantly seeking loans to maintain the house from wood rot and termites?

America is a big scam[/s].
Trash
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by gammarays1: 2:19am On Sep 24, 2021
AntiMahdi:


Mortgage plus property tax and then income taxes is what the Jewish Federal Reserves used in enslaving Americans and we can thank the idiot democrat President of Woodrow Wilson for setting the stage for America's enslavement.


Do you know that Building codes and regulations that mandate the use of match-wood as building material in place of other durable and long lasting material is all part of the Jewish bankster tricks to allow the supposed owner of the property constantly seeking loans to maintain the house from wood rot and termites?

America is a big scam.
Funny how they're quick to advise others on finance and economy when theirs is sitting on a time bomb.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by PrideofLincoln1(m): 3:34am On Sep 24, 2021
Corporate2020:
The poster has mental problems. A US economy in recession is far better than a Nigeria economy in fake growth.
You nailed it. You can tell the poster is an America's hater.

1 Like 1 Share

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by PrideofLincoln1(m): 3:36am On Sep 24, 2021
People in one of the worst run countries in the world which is Nigeria are now the experts on American Financial struggles but the truth is that with clueless Bubu at the helm, no wonder Nigeria is on the precipice and God forbids she falls off the cliff.
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by nku5: 8:31am On Sep 24, 2021
gammarays1:

So the man that could have saved them didn't do that in four years?
American economy has been like a decorated coffin all these years.
Their mortgage system was one of their great undoing.

Trump handed over a booming economy as is common knowledge. Very low unemployment figures, low gas prices, energy sufficiency, excellent foreign policy etc

The mortgage system was exposed in 2009, the real bogeyman is the Fed and their money printing. Trump used to cry and complain about them but Biden can never
Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by AntiMahdi: 9:24am On Sep 24, 2021
PrideofLincoln1:
People in one of the worst run countries in the world which is Nigeria are now the experts on American Financial struggles but the truth is that with clueless Bubu at the helm, no wonder Nigeria is on the precipice and God forbids she falls off the cliff.
PrideofLincoln1:
You nailed it. You can tell the poster is an America's hater.
gammarays1:

Funny how they're quick to advise others on finance and economy when theirs is sitting on a time bomb.

The funny thing here is how feral niggers like yourselves are still having hope in a US FIAT economy.

Well. if you had any sense you will dump your useless Naira that is tyed and dyed to the dollar and move it into real assets like Gold or silver.

If it isn't yet lost on you fools, the reasons for this thread is the last statement above advising you on what measures to take to secure your wealth from the impending global depression that is orchestrated by the same Feds, IMF/World Bank and WEF.

Now that is the sole purpose of this thread.

1 Like

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by rottennaija(m): 9:28am On Sep 24, 2021
Corporate2020:
The poster has mental problems. A US economy in recession is far better than a Nigeria economy in fake growth.

You think too little of yourself

3 Likes

Re: US Economy Enters Depression And The End Of The Petrol-dollar This October by joyandfaith: 1:24pm On Sep 24, 2021
AntiMahdi:




[s]The funny thing here is how feral niggers like yourselves are still having hope in a US FIAT economy.

Well. if you had any sense you will dump your useless Naira that is tyed and dyed to the dollar and move it into real assets like Gold or silver.

If it isn't yet lost on you fools, the reasons for this thread is the last statement above advising you on what measures to take to secure your wealth from the impending global depression that is orchestrated by the same Feds, IMF/World Bank and WEF.

Now that is the sole purpose of this thread[/s].

Rubbish as usual

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