If everytime Alex Jones has predicted an economic U.S collapse I recieved a Bitcoin, I would be in retirement as we speak.

Locking in a mortgage at these low rates makes send for it will be a hedge against the real estate. The 15 year mortgage is more practical in that it saves interest costs. The 30 year was a Great Depression invention to try to support the real estate market by allowing people to buy on a highly leveraged basis.

The purpose of the mortgage at this time is purely as a hedge. You should be able to make far more on that money even in stocks long-term. The downside of real estate is that this asset class is not movable. Hence, it can be taxed into worthlessness. The greatest risk we have is that government raise taxes to insanity as municipals go bankrupt. They will raise taxes looking only at the instant need and not at the long-term consequences of their greed. The mortgage will allow you to walk away if need be in times of chaos.

Damn. I had about 20 dollars worth in zenminer. Does anyone have proof that they actually ran away with bitcoins? The market is still up and the website is still up so I'm hoping they will be back in business eventually.

If you want to save, pick something else than a fiat currency. If you pick a fiat currency, pick one of a more respectable central bank and country than the others ones, like the Swiss Franc.

As in, not possible to get it out anymore? I read people were still getting small amounts of coin out.

At least the title does not say "Dollar might rise above the Euro", since they are semi-worthless pieces of paper racing their way to the bottom.

It's not nice what the Euro has done to the southern European economies. If you're interested then there are interesting articles about optimal currency zones that should clearly have been held as warnings about exactly this sort of thing. I think it's why the UK stayed out, though apart from an apparent liability for Greek debts, we would actually be in one of the stronger positions, just like Germany is.

Sometimes I wonder if Armstrong is me and I am him, and we are just the same person living in two separate bodies and spaces. We seem to post the same thing at the same time so often...

Because the charlatans (promoters) say what people want to hear and Armstrong('s computer and models) say what people don't want to hear.

Golden Rule: the majority (herd) is always wrong.

Also because the mainstream media has been told by the banksters to blacklist Armstrong, e.g. Bloomberg has entirely erased his name from their past articles that had mentioned him.

You may have more available time and patience than I do to dig up the specifics. The specifics are spread all over the place, you will have to really dig.

And when the insurance company defaults, then whose name is liable for all the debt? (yours! the government+banksters will even change the rules if necessary)



The longish video linked in my prior post explains that all of Europe has only sovereign debt as the Tier 1 capital which is backing everything from banking to insurance to derivatives.

The entire European economy will stop. Armstrong is predicting war.

You people are asleep at the wheel. You have no fucking clue how bad this is going to get and how radically Europe will change in 2016.

CoinCube you need to wake up from casual slumber. The biggest problem with real estate is that in a deflationary contagion, you can't sell it, and then you can't move. Moving is going to be critical to your future.

I've been programming non-stop since my prior post (except for 6 hours sleep on the bed 2 feet from my desk). Almost ready to launch my new business! I literally didn't do anything else (didn't eat, didn't talk to anyone, didn't read anything, ... oh I did urinate though). A few 1000 LOCs.

Watch all of these videos and listen very attentively and carefully to every word.

For example in one of the videos Armstrong in exact detail while rising interest rates will send the USA into sovereign debt default eventually (70% of the national debt is to pay interest!).

So many interesting facts in these videos:

http://www.idfa.nl/industry/tags/project.aspx?id=B2EA7AC0-0D46-4D4C-86C3-FD028573C70A&tab=idfa

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

https://www.youtube.com/watch?v=iJNEjq7I5Is

Even if we completely discard Armstrong, the essays and logic in this thread provide a powerful and internally consistent forecast that addresses the who, what, where, and why of our current economic decline. What Armstrong potentially adds to this is the when. As my recent back and forth with iamback makes clear I am not yet sold on Armstrong but I am most certainly not disregarding him either. You don't need Armstrong to see the trend and the trend is very bad.

I don't think real estate is in itself a bad investment but it is very easy to tax so you need to look closely at the underlying fiscal situation of your area. Is your country insolvent when you account for debt and promised pensions/benefits. In the end this will drive long term taxation. If the fundamentals are bad the productive will leave causing the fundamentals to deteriorate further. For an insolvent government fixed immovable real estate is low hanging fruit.

I faced a similar decision a few months ago and decided to rent for a few reasons.

1) Taxes are rising and will continue to rise in the west. Property tax is thus a huge and unknown future liability.

2) If the predicted downturn in 2015.75 happens we are looking at a time of unprecedented economic chaos and a potential deflationary collapse. In the Great Depression everything crashed hard against the dollar. Even silver declined by 50% because there was a liquidity crisis and everyone needed dollars to make their debt payments.

3) Fractional reserve banking is an immoral institution. Why participate if you don't have to? If you understand the scam why help perputate it if you have the option to opt out.

4) With huge debts you are gambling with your future freedom. If you screw up you set yourself up as a debt slave. In a time when the global economic system is obviously fraying at the seams I see little reason to take the risk.

I am trying to warn you not to enter that real estate loan.

Armstrong predicted over a year ago that the default of Europe would originate in Austria. He said it is because cycles repeat and that Austria was the start of the defaults in Europe in the 1900s crisis period.


I traded emails with him roughly 5 years ago refuting his "Yellow Brick Road" theory about former President Reagan planting a future bomb Trojan horse on Central Banking. He argued that was what the movie was secretly about.