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55092112 No.55092112 [Reply] [Original]

The Great Depression lasted 10 years

>> No.55092126

>>55092112
There were no nuclear weapons and no conflict between nuclear powers in the 20s and 30s last century

>> No.55092242

>>55092126
The government wasn't insolvent unless at zero interest rate until now as well.
this is going to be wild people have no idea how fucked they are because of inflation

>> No.55092350

And? My great depression is going on 30 years

>> No.55092368

Great Depression 2.0 will last 20 years (2022 to 2042)

>> No.55092396
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55092396

>>55092112
there were six million more jews during The Great Depression

>> No.55092421
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55092421

>>55092112
we've basically been in a great depression for like 30 years now

>> No.55092440

>>55092112
Cool

>> No.55093774

>>55092112
The great depression 2.0 started in 2008 and we're still in it till this day

>> No.55093803

>>55092368
The Great Depression has lasted for 15 years so far (2008-).

>> No.55093813

>>55092112
Seriously what do I do to protect myself from this? Btc? Gold?

>> No.55093871

>>55093813
You can't really protect yourself - or rather, you "protect" yourself by grifting off others. Forgetting about all this financial engineering shit for a second: there is, and will be, less goods. Therefore goods will become less affordable. It is, at the base layer, that simple. If there's a famine, food will just be more scarce, there's nothing anyone can do to "financially engineer" that away. The same goes for GPUs, plastic toys, metals, and so on. Curiously, it doesn't apply to houses, since global populations are collapsing, which would drive up the supply relative to demand (from all the dying), but governments will have a vested interest in keeping housing prices high, not so much with the intent to use those houses for anything, but just to keep up appearances. Thus they'll suppress the information about the reality of the housing stock by e.g. seizing houses belonging to people who've died without close kin and not putting them onto the market. This would then result in the apparently quite paradoxical situation of, to give an example, 50% of houses in a city being empty but prices remaining high because only 10% being tradeable. They thereby would also, of course, keep making the demographic situation worse by keeping housing unaffordable, but "electoral incentives" (i.e. the old not wanting their home prices to decrease, because they sure are going to sell those homes at 70, on death's doorstep), but that is the system.
Even the optimal money, in a situation of material scarcity, goes down in purchasing power; a child could understand this, but an adult can't. Thus no money in the world is going to protect you in the sense that you mean in because of real economic deterioration. Of course, there's considerably worse-than-optimal money too, namely all fiat currencies, but that brings us back to the point of "protecting yourself by grifting others": "yourself" referring to governments and "others" referring to you who's "incentivized" to hold it.

>> No.55095719

>>55093803
the world is one big pile of shit all years.

>> No.55095727

>>55092126
there are no nuclear weapons

>> No.55095994

>>55093871
>since global populations are collapsing, which would drive up the supply relative to demand (from all the dying), but governments will have a vested interest in keeping housing prices high, not so much with the intent to use those houses for anything, but just to keep up appearances.


I'm trying to verify if this i true in my area, and how to check if the state owns a certain building to squat on it. I know a few hippies willing to do the occupation and first month. I just need to point which building to target and profit from having a place to develop at zero fiat cost.

>> No.55096016
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55096016

Hopefully this one will last 100

>> No.55096036

>>55092396
Wrong.
There was less jews.
At most there was 600k jews living in germany.
Now there is more than ever before.

>> No.55096046

>>55092242
this, every 100 years we experience the end of a long term debt cycle it's not shocking or anything (2008 was a "kick the can down the road" moment there wasn't any system wide deleveraging).
Our job is to survive whatever the fuck is coming so we can experience the post depression economic boom

>> No.55096067

>>55096046
European here, will the euro survive this?

>> No.55096091
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55096091

>>55096067
>euro
>surviving

>> No.55096115

>>55092112
boomers destroyed the economy with their greed and liberalism

>be me
>gen z
>work harder than what 10 boomers used to work
>cant afford a house
>cant afford a wife
>cant afford 2 white kids
>to make fun of you, boomers import shitskins to lower the wages even more

bros... i hate boomers so much...

>> No.55096669

>>55096115
It's okay, schizo bro is nulling them off in the hospitals. He's just one guy, he change a whole system overnight.

>> No.55096695

>>55092112
During the Great Depression around 30% of the population were farmers, today it's around 1.5%

>> No.55097122

>>55096695
>During the Great Depression around 30% of the population were farmers, today it's around 1.5%
and (((they))) want even less because of (((climate))) (((gasses)))

>> No.55097133

>>55092112
We’re entering a new dark age, should last around 100 years

>> No.55097189

>>55092112
>The Great Depression lasted 10 years
This will trigger /biz/ but I don't care.
It was all due to leverage, credit and shitty outdated monetary policy that was also pegged to the gold standard. The existence of FED has greatly improved most things.