Economic Totalitarianism

[RealBitcoin]

http://www.bbc.com/news/uk-england-london-32495924  ok let me off this ride, I've fucking seen it all now.

Holy shit, literally.

Next time they come into your bathroom and take a sample of your shit and build a profile on your shit and put your shit in a database.

It's really out of this world absurtidy.

[explorer]

http://www.bbc.com/news/uk-england-london-32495924  ok let me off this ride, I've fucking seen it all now.

Holy shit, literally.

Next time they come into your bathroom and take a sample of your shit and build a profile on your shit and put your shit in a database.

It's really out of this world absurtidy.

Nothing better to do, everything is running smoothly.  I think if I lived there I'd have to start planting samples of interesting variety.

[OROBTC]

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses?  2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

I can't give a good estimate, I don't have any real idea.  A lot of the time frame depends on whether or not they "Ctrl P" (print the money) in a serious way.

One thing to be looking for: if there is a hard deflation, and they decide to hyperinflate, then we know we are in the final innings...

If they ban CA$H, there are all kinds of weird and serious distortions that will hit, and hit fast.

[OROBTC]

http://www.bbc.com/news/uk-england-london-32495924  ok let me off this ride, I've fucking seen it all now.

It figures that the UK would do this in BARKING.  The UK is some five years "ahead" of the USA in monitoring.  Look there to see some of our future.

DNA sampling and testing looks like it will become child's play now.


Next announcement: All UK (USA, Eurozone) hospitals will deliver DNA samples of all newborns to .gov.

[tabnloz]

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses?  2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

different kettle of fish but Japan has been plodding along for decades, a roadmap of possibility. In saying that, I think there are other options that will likely arrive; monetary reset (where USD gives up reserve status and things evolve relatively smoothly) and disruption (where something breaks the confidence we have in central banks and shtf).

[RealBitcoin]

I can't give a good estimate, I don't have any real idea.  A lot of the time frame depends on whether or not they "Ctrl P" (print the money) in a serious way.

One thing to be looking for: if there is a hard deflation, and they decide to hyperinflate, then we know we are in the final innings...

If they ban CA$H, there are all kinds of weird and serious distortions that will hit, and hit fast.

Thats really unlikely.

My forecast is that they will phase out cash in ever increasing amounts to avoid hyperinflation. They also dont want to do bail-ins either because that will cause mass panic.

So bail-in and hyperinflation is their last trick in their sleeves.


They will just simple phase out cash in the next years, and put all money in 1 pot, the checking account network, will be the only place finance can be conducted.

Of course for this they have to destroy bitcoin, otherwise everyone will just switch to it. Or they have to ban depositing in bitcoin exchanges or buying bitcoins from your account. They could literally control what you can buy and what you cant.


Then with unified payment system, they could last many more years, because they can just tax you instantly or confiscate your wealth without trial or anything, selectively or randomly like a lottery, but if some real big panic hits the fan, then people will just hoard stuff and forget about their bank accounts.

But imagine if they start to control what you can buy and not, you cant even prepare for a collapse. So if one does happen after that, most people will be very skrewed.

But looks like by then we will have terminator AI robots that will exterminate us all anyway, so it's no big deal.

[explorer]

But imagine if they start to control what you can buy and not, you cant even prepare for a collapse. So if one does happen after that, most people will be very skrewed.

   Absolutely true.  In every case.  most people would not prepare for anything even if you hit them in the face with it.  In general, those among us that haven't even looked into the possibilities of drastic change (and I'm not talking for the better) never will believe it.  Someone has to be that majority that loses; be it money, status, or life.  Regardless of preparations, you at least have a better chance if you're watching it close in, as opposed to being blindsided.  If the status quo remains indefinitely, have your preparations for change greatly harmed you?  Do it now, and sweat less later.

[trollercoaster]

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses?  2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

[Barnabe]

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses?  2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

Even if there is not more of them, the problems they caused will remain and passed to the following generation.

[trollercoaster]

Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

[TPTB_need_war]

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

I will only be 68.

Getting through this rough patch ahead is the challenge.

An altruistic altcoin will win:

James Paterson, the youngest senator ever to be elected in Australia at 28-years-old, has boldly stated, “I’m not here for personal power and advancement.” He is a member of the Liberal Party and says he is there to pursue “radical reforms,” which include throwing out the national curriculum in schools, for they are indeed pointless, and reimposing a debt ceiling. He also wants to get rid of the “official” talking points used by politicians and embrace what he calls respect for the voters’ intelligence by speaking plainly.

Perhaps the 51.6-year cycle of the Economic Confidence Model is indeed what some call the third generational shift. The hippie generation of the Clinton era simply laid down their marijuana and lined their pockets as did the generation of politicians before them. They even took the corruption to new heights. Historically, it is the third generation that gets fed up with the last two and turns it all upside down. Perhaps this is just time.

[RealBitcoin]

Ok folks, what is your opinion about banking system ponzi scheme?

How much do you think it can be stretched before it collapses?  2-3-5 more years?

If they ban cash and force everyone to use checking account, maybe 10 years?

Let me know your estimates?

When do the boomers go extinct? I don't believe we can taste economic freedom while they are still around.
I'm fairly cynical, the boomers and their indoctrinated grand children have doomed us all to economic slavery for the forseeable future.
Haha perhaps the last one will drop dead in 2032, when this 309.6 year cycle on the ECM concludes.

The boomers? What about these spoiled kids of 20-30 years (which I`m also part of unfortunately)

These guys only know to party and fuck, and spend someone else's money. They have been indoctrinated in leftism.

I`m sorry but looks like leftism is only getting worse, and wont go away for a long time.

[TPTB_need_war]

The boomers? What about these spoiled kids of 20-30 years (which I`m also part of unfortunately)

These guys only know to party and fuck, and spend someone else's money. They have been indoctrinated in leftism.

Not in Asia. That is why Asia will bottom 2020 and lead. The West will entirely collapse until those who are not totally spoiled are all that is remaining by 2032.95

[benmartin613]

The boomers? What about these spoiled kids of 20-30 years (which I`m also part of unfortunately)

These guys only know to party and fuck, and spend someone else's money. They have been indoctrinated in leftism.

Not in Asia. That is why Asia will bottom 2020 and lead. The West will entirely collapse until those who are not totally spoiled are all that is remaining by 2032.95

To much partying going on the west side of the planet and rich kids doesnt care about money at all.
No worries someday they will be hit by a truck and will lead to a down fall.

[THX 1138]

Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

"Why Students Give Capitalism an F"

'...Not only are young voters more likely to support Democrats than Republicans, they are also more likely to support the most left-wing Democrats. In recent polls of voters under 30, self-declared democratic socialist Bernie Sanders beats the more mainstream Hillary Clinton by almost six-to-one.

Former professor Mark Pastin, writing in the Weekly Standard, acknowledges some of Clinton's flaws as a candidate, but concludes that "the most compelling explanation" for young Democrats' overwhelming preference for Sanders "is that young voters actually like the idea of a socialist revolution."...'

http://fee.org/articles/why-students-give-capitalism-an-f/?utm_source=newsletter&utm_medium=email&utm_campaign=fee_daily&mkt_tok=3RkMMJWWfF9wsRokv6jNZKXonjHpfsX57OsuXaW3lMI%2F0ER3fOvrPUfGjI4DT8BiI%2BSLDwEYGJlv6SgFQ7HBMbhr1rgPWhk%3D

***

http://www.valuewalk.com/2016/03/pentagon-darpa-will-pay-weaponize-home/

"...The Department of Defense is challenging hobbyists around the country to develop commercially available technology into something of a weapon hoping that it will help them protect members of the U.S. Military..."

"...DARPA wants individuals and companies to submit ideas and allow DARPA to give the thumbs-up or thumbs-down. Ideas that DARPA likes will move forward from here and offer $40,000 per submission once in the contest part of the competition. Submissions that make this cut will see the money but also a two-week deadline to build a prototype with the potential for those going forward to receive an additional $70,000..."

[btcbug]

Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

2032 seems awfully soon for Socialism to become 90% extinct, but at the rate which information flows these days I can see this might be possible. Libertarianism has been gaining a lot of traction in the last 10 years. Ron Paul supporters were mostly younger Internet savvy types.

[trollercoaster]

Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

2032 seems awfully soon for Socialism to become 90% extinct, but at the rate which information flows these days I can see this might be possible. Libertarianism has been gaining a lot of traction in the last 10 years. Ron Paul supporters were mostly younger Internet savvy types.

Confidence could collapse overnight especially with increasing civil unrest, leftard kids are awfully keen on assassinating popular right wing candidates (globally)

The establishment will also add to the collapse in confidence by committing blatant fraud, the masses will realise democracy is a joke.

https://www.armstrongeconomics.com/qa/the-next-four-years-after-2015-75/

With any luck Hillary will be captured and used as a foot stool.

[btcbug]

Yeah, that's why I said 2032 is possibly the date we will see socialism finally go extinct.

There's strong divides appearing now with people beginning to realize the problem is socialism, it's suffocating the life out of the middle class.

The delusional youth supporting it have yet to feel that suffocation, but they will.

MA believes socialism will be 90% extinct by 2032.95, I agree with him on this.

2032 seems awfully soon for Socialism to become 90% extinct, but at the rate which information flows these days I can see this might be possible. Libertarianism has been gaining a lot of traction in the last 10 years. Ron Paul supporters were mostly younger Internet savvy types.

Confidence could collapse overnight especially with increasing civil unrest, leftard kids are awfully keen on assassinating popular right wing candidates (globally)

The establishment will also add to the collapse in confidence by committing blatant fraud, the masses will realise democracy is a joke.

https://www.armstrongeconomics.com/qa/the-next-four-years-after-2015-75/

With any luck Hillary will be captured and used as a foot stool.

Cheers to this playing out! Bitcoins invention was very timely in this regard.

[TPTB_need_war]

Bitcoins invention was very timely in this regard.

Indeed invented by the corrupt bastard Larry Summers and will used to control and enslave us. Crypto currency is adding to the fraud.

[btcbug]

Bitcoins invention was very timely in this regard.

Indeed invented by the corrupt bastard Larry Summers and will used to control and enslave us. Crypto currency is adding to the fraud.

I'm not sure I'm buying into that conspiracy theory. I find the problem with that is that if one believes it, then there is practically nothing for which these elites/bankers/globalists/illuminati haven't planned. Essentially they are just THAT smart and in that case we're always fucked, for lack of a better term.

Call me naive, but until you lay out the evidence here it is simply just your theory.

If I do go ahead and accept your theory as true, well even then I think it's out of their control. It's kinda like the Internet. Created by government, but now the Internet is actually facilitating governments demise. Crypto-currency either already is, or will be, completely out of their control and will destroy their ability to tax because as Obama recently said, "everyone's walking around with a swiss bank account in their pocket". Maybe Bitcoin ultimately becomes their tool, but something else won't be.