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Author Topic: Take shelter, a storm is coming in October.  (Read 935 times)
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October 12, 2022, 06:05:36 PM
 #61

'A word is enough for the wise'. I don't need a crystal ball to tell me things will be difficult and extremely difficult for low income earners particularly.
This days, I have cut down expenses a lot, better to have little than not to have at all. No one knows what the entire world will face in months and years to come, it will be better to start saving aggressively. It is going to be rough but with a little planning ahead everything will be fine.

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October 13, 2022, 02:49:39 AM
 #62

'A word is enough for the wise'. I don't need a crystal ball to tell me things will be difficult and extremely difficult for low income earners particularly.
This days, I have cut down expenses a lot, better to have little than not to have at all. No one knows what the entire world will face in months and years to come, it will be better to start saving aggressively. It is going to be rough but with a little planning ahead everything will be fine.
Just two days ago the IMF warned the worst is yet to come, but for those which have their eyes open we have known this was going to be the case for a long time, so we need to do what we can to reduce our costs and if possible get our money in assets which can protect us during the storm that is coming, however many people will decide to not listen to the warnings and when the storm finally comes they will be caught unprepared and lose years of hard work in a matter of weeks or perhaps even days if things get really bad.
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October 13, 2022, 01:55:23 PM
 #63

With the many facts that have happened in all countries, including the one I live in, and when looking at a much wider country and faster economic growth, it turns out that the crisis will hit again. I think it's better to be vigilant than to relax as if everything is fine. It is undeniable that European countries can now demonstrate to us transparently that no one will be saved forever. Fear of course there is even a fear of a more severe recession that makes us have to immediately provide supplies in advance.
It's not wrong to relax. We need it sometimes so that we can somehow forget the trauma that past crisis brought to us but just like the crypto market that has a bear and bull cycle, there will also be a time for a relief and crisis in the real world so it's better if we can prepare for that moment and have the items that we will be needing or to prepare if what actions that we are going to do in case there will be another crisis again but its great if the recovery of some countries are much faster.

It only shows how strong or well prepared they are. If all countries are like that then time will come that we will never fear of any crisis that will hit to us.

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October 13, 2022, 08:14:22 PM
 #64

Well, Marx already spoke of the inevitable end of capitalism, and not only has it not happened so far, but it has made humanity reach a level of prosperity and welfare that would make him turn over in his grave if he could see it.
All these "ism"s end eventually as the history has shown.
Capitalism has already failed and I don't know how you call the current situation in the world a "level of prosperity and welfare" considering that capitalism literary changed the meaning of "middle class" since it turned them into lower class and the lower class to absolute poverty. The capitalist world where a small number of people (1-2%) hold all the money in the world and the rest are in so much debt and are living hand to mouth is shouting failure.
The hardest thing to go against these people is the fact that when you offer a solution to it, they think it's communism and that failed too. They cannot comprehend the fact that if you do not have hardcore capitalism, you could have something other than communism in your hands. I mean there are other options than these two.

I know it has been shown as example a billion times, but even if it’s boring, just look at Scandinavian nations, they have such a nice world they built in, they took the best out of every idea and they built a place where it’s all great for everyone. Both have capitalist and socialist stuff all bonded together from the best parts of them.
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October 14, 2022, 02:50:54 PM
 #65

'A word is enough for the wise'. I don't need a crystal ball to tell me things will be difficult and extremely difficult for low income earners particularly.
This days, I have cut down expenses a lot, better to have little than not to have at all. No one knows what the entire world will face in months and years to come, it will be better to start saving aggressively. It is going to be rough but with a little planning ahead everything will be fine.
It won't sound rude but that's exactly what we have to do to deal with situations that could become even more difficult in the future. We have to be prepared to deal with all kinds of situations and I agree with you about saving aggressively so we can have enough spare cash to survive the tough times. Reducing expenses is one way to save; if we can save more money, it will certainly be useful.

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October 14, 2022, 07:05:53 PM
 #66

Well, Marx already spoke of the inevitable end of capitalism, and not only has it not happened so far, but it has made humanity reach a level of prosperity and welfare that would make him turn over in his grave if he could see it.
All these "ism"s end eventually as the history has shown.

Everything has a beginning and an end, and not only "... isms" Smiley
But it would be more correct to say that the more competitive ones are being transformed and rebuilt to the changing reality. The same capitalism has already gone through several transformations, and the capitalism of the 1700th century is very different from the capitalism of the 21st century. It will also continue to happen - "reasonable and adaptive" will survive through transformation, but concepts or idiologies, with idiotic goals, methods - will fall apart without transformation. Well, or either with a sort of evolution, but with "genetic defects" that will also lead to the collapse of the ideology. Well, or quite simply - evolutionary mechanisms work in relation to the economic system Smiley

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October 23, 2022, 03:31:00 PM
 #67

Tensions from left and right is going to cause huge detriments in the future not only of cryptocurrency but of mankind, especially as we're steering towards what could be the one of if not the worst wars in the history of mankind. Then again, October has come and gone and there seems to be little to no progress in the aforementioned issues, except Credit Suisse who's continuously tanking amidst the scandals and is now becoming a meme stock which says a lot from a well-established financial firm as CS.
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October 25, 2022, 02:34:15 PM
 #68

if it continues, the impact will be felt even more, even if little by little.

We must prepare mentally and plan for the future to deal with this situation.

sometimes I am also sad to see innocent people fall victim to government interests.
where is this justice?

mental preparation is certain, but financial preparation from an early age is preferred because we do not know how long this crisis will continue.
In my country, many crimes have occurred because of this crisis, and many companies have laid off their employees because they cannot pay their wages.
Even though it's just a prediction, it's a good idea to always be aware of the current economic crisis

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October 25, 2022, 03:01:53 PM
 #69

A bad result can get off to a good start. It is necessary to look at the developing events from this point of view. While these are happening, there are opportunities, maybe we can catch one or two opportunities. In such cases, if you have no idea, taking control of your capital, paying attention to your spending and accumulating various assets will keep you alive at the end of these incidents

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October 26, 2022, 07:49:09 AM
 #70

In 2021 then fantastic increases began in October, and we can see today the market rising and returning to $ 20k after almost 3 weeks prices below $ 20k, hopefully this is a sign that the market can rise or at least be able to return to the $ 35k .

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October 31, 2022, 06:51:37 AM
Last edit: May 20, 2023, 07:27:24 PM by stompix
 #71

Seeling perfect condition October meltdown shelter:


* Image for illustration purpose only

Perfect condition, not once used, it's made out of enough toilet paper to last a life, it's fully isolated from good news with high-quality tinfoil, on request and on an extra change we can add Saylor laser eyes illumination, posters with the petrodollars in flames, and of course our customers favorite Bukake (not a typo) perfumed candles.

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It's an October shelter so we don't guarantee survivability in November
Although it's an October-designed shelter it might not work in 2023

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October 31, 2022, 12:54:08 PM
 #72

In 2021 then fantastic increases began in October, and we can see today the market rising and returning to $ 20k after almost 3 weeks prices below $ 20k, hopefully this is a sign that the market can rise or at least be able to return to the $ 35k .
Basically we all want that to happen but I think we also need to be realistic,
with market conditions to date I don't see that will happen,
but again we never know what will happen in the future because the crypto market is difficult to predict
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October 31, 2022, 01:48:03 PM
 #73

In 2021 then fantastic increases began in October, and we can see today the market rising and returning to $ 20k after almost 3 weeks prices below $ 20k, hopefully this is a sign that the market can rise or at least be able to return to the $ 35k .
I don't think this month's increase is a sign that the market is going for a bigger bull run, because the level of Bitcoin's price increase this month is still not too far from the $20K price and it's also still very close to its lowest price this year in Bitcoins. So a bigger increase in my opinion is still not happening for Bitcoin although I also expect that Bitcoin can be at $30K before the new year.

Basically we all want that to happen but I think we also need to be realistic,
with market conditions to date I don't see that will happen,
but again we never know what will happen in the future because the crypto market is difficult to predict
Yes, everyone should think in a logical as well as realistic direction because there is currently no bigger improvement in the market and what has happened this month is a very small improvement in Bitcoin, so everyone shouldn't be as happy as it should be. expected is a bigger improvement from now.

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Wong Gendheng
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November 01, 2022, 08:53:50 AM
 #74

The storm is indeed getting faster since October, of course this is the impact of the condition of inflation that continues to occur, and the exchange rate with USD decreases, but we must be optimistic that the future will improve, the thing we can do is by active and continue to utilize the existing resources .
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November 01, 2022, 12:19:32 PM
 #75

November 1st on the calendar... Did I miss something? Where did it storm? Who got hit by the storm? What terrible / creepy / unexpected happened?
The only thing that can be seen, according to some fluctuations, is fraud in the oil and gas market. Although .... oil after the March and June peaks fell to the bottom ... Gas, after the August peak, also fell by 1/3 in price. Now some "personalities" of course are trying to spoil the whole world and are trying to undermine the price. But this is unlikely to give a result.
Europe is ready for winter, there are gas reserves, supplies have already been replaced by 75% with stable supplies from adequate suppliers.
Everything else is a temporary consequence of a terrorist war unleashed by a terrorist country against virtually the entire world. Nothing, and it will pass with the disappearance of the terrorist regime and the country Smiley

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November 01, 2022, 03:59:23 PM
 #76

The storm is indeed getting faster since October, of course this is the impact of the condition of inflation that continues to occur, and the exchange rate with USD decreases, but we must be optimistic that the future will improve, the thing we can do is by active and continue to utilize the existing resources .
It is uncertain how long this will last for this year, Inflation may not have an overall impact in the short term, although the effect of inflation does play a role in the exchange rate and this will at least last until the end of the year, if the rally storm has not found a recovery, the annual cycle will not seen at all until now, if you look at the condition of ATH last year.
We expect this storm to last until the end of the year, although finding a recovery, it will not reach the next ATH for the year.

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November 02, 2022, 06:42:32 AM
 #77

I have felt an inflation storm since the last 3 years because of the pandemic and made some of the business units that I have, namely the restaurant and daily house rental, even I have to stop 4 employees and now a lot of free time so I return to the internet to look for business opportunities the trend.
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November 02, 2022, 08:47:21 AM
 #78

November 1st on the calendar... Did I miss something? Where did it storm? Who got hit by the storm? What terrible / creepy / unexpected happened?

In the end, October was not as bad as it might have seemed in the first days of the month, but there is nothing to get excited about either. We have high inflation, forecasts of power outages in winter and the war is doing more and more damage. The euro has lost 15% of its value against the dollar,

Big falls in the stock market occurred in October but in this one, within the downward trend, it was not a disaster, although I don't think the situation is for many joys either.

I am not surprised about stompix, as he has been an optimist for long, even since high inflation started a few years ago, before the war. If the EU starts to grow 3% and inflation goes down to 2% I don't know what he will do, build a paper airplane with that toilet paper and fly away, I guess.


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November 02, 2022, 08:57:41 AM
Last edit: May 20, 2023, 07:25:47 PM by stompix
 #79

I am not surprised about stompix, as he has been an optimist for long, even since high inflation started a few years ago, before the war. If the EU starts to grow 3% and inflation goes down to 2% I don't know what he will do, build a paper airplane with that toilet paper and fly away, I guess.

You see this is where you got everything wrong
First, I will raid a shop for sunflower oil for the engines, then I need a ton of wood for the structure, don't know where I will get this since Europe has cut all its forests for heating and it takes 4000 years according to some to replace it, then, need to pack a ton of molded bread since that's all we can afford, and then, with the plane being a decoy for the Illuminati and I will paddle in my tinfoil boat to Salvador!

No seriously, what do you*(general question, not addressed specifically to you)  get from always thinking the worse will come?
Instead of being optimistic, seeing how life is full of fun moments, making everything of every second should I have spent all these years since 2009 in a cave knowing the debt crisis will destroy the world, then the Eu will split into 1000 pieces, then covid will kills us all, only to grow old and look back and see half of my life was gone thinking how I'm going to suffer?
Probably this is the only good thing I've got from my farmer's bloodline since obviously, I didn't get to ride a fire-spitting donkey, the trust in a new year coming after this one, a cycle that never ends no matter what humans do, no matter what happens there will be a new beginning in spring and a new year.

Big falls in the stock market occurred in October but in this one, within the downward trend, it was not a disaster, although I don't think the situation is for many joys either.

Weird, I see that every market (that counts) ended up higher than it started in October, so can you show me this "downward" trend you're talking about?






 


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November 02, 2022, 09:38:30 AM
 #80

October there was a storm of inflation that made the prices of daily necessities continue to rise, in my country the current economic condition is very difficult because of many things, such as weather or climate conditions that are difficult to predict so that farmers fail to harvest and make commodity prices skyrocket, even many foodstuffs currently have to be imported from another country.
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