2015: The next recession has started

ceedizzle

Rising Star
Registered
that would be your mistake...

75% of mf's on this board may be batshit crazy but I will say that many of the cats on bgol would amaze u in real life.

met one of the biggest dope dealers of the 80's on this board. article in feds magazine and all. fam is a business genius.
couple cats damn near at the top of the food chain in pro sports, tech, law and medicine.
couple nightclub owners, buncha smart old heads and a few cool ass young cats.

the media (& not just black media) comes here for stories and has for years. don't sleep on bgol...

:yes::yes::yes:
 

Mixd

Duppy Maker
BGOL Investor
China, Taiwan leaders pledge peaceful ties at historic encounter

By Simon Denyer November 7

BEIJING — The leaders of China and Taiwan held their first meeting since the end of a civil war that split the Chinese nation more than 60 years ago, pledging to build closer ties and work to resolve their differences peacefully.

Chinese President Xi Jinping and his Taiwanese counterpart Ma Ying-jeou came together on neutral ground in Singapore, walking towards one another in a packed hotel ballroom in front of a plain yellow backdrop flanked by palm trees.

“There’s no force that can separate us, because we are brothers who are still connected by our flesh even if our bones are broken. We are a family — blood is thicker than water. Today we are sitting together so that our tragic history won’t repeat itself.”

Nevertheless, Xi used the meeting to tell Ma he welcomed Taipei joining the multinational Asian Infrastructure Bank which it founded earlier this year. China had rejected Taiwan's initial application to join.

Read more: https://www.washingtonpost.com/worl..._hp-top-table-main_china-205am:homepage/story
 

FLoss

Surviving Kamala Harris
BGOL Investor
The Dollar is still pre-eminent due to that very reason, the issue is that Russia and China (along with the rest of the BRICS) are trying to push the world away from that due to the unfair economic leverage it gives us. You're correct in your assertion about recessionary issues, oil has to be at a certain level to keep the world's economy buzzing at a reasonable medium. Unfortunately, two things are happening...we, along with Saudi Arabia are trying to cause massive damage to Russia (and Brazil's) economies (I can explain this in more detail) and we (along with other major powers) are stockpiling oil in massive amounts to fuel their respective militaries for a inevitable world war. The US Government, at this point, doesn't really care about the economical fallout, they will mess with the BLS numbers and try to keep the welfare game going until they absolutely give no fucks and let it collapse. There has been many congressional meetings (some of which you can see on CSPAN) where the primary discussion has been what AMERICA NEEDS TO WIN A WORLD WAR against Russia and China...they're actually having these discussions! The grand conclusion is that the entire economic structure will have to emulate that of America when World War II broke out...a massive mobilization of all resources to promote the war effort.

Real talk :yes:
 

ViCiouS

Rising Star
BGOL Patreon Investor
The Dollar is still pre-eminent due to that very reason, the issue is that Russia and China (along with the rest of the BRICS) are trying to push the world away from that due to the unfair economic leverage it gives us. You're correct in your assertion about recessionary issues, oil has to be at a certain level to keep the world's economy buzzing at a reasonable medium. Unfortunately, two things are happening...we, along with Saudi Arabia are trying to cause massive damage to Russia (and Brazil's) economies (I can explain this in more detail) and we (along with other major powers) are stockpiling oil in massive amounts to fuel their respective militaries for a inevitable world war. The US Government, at this point, doesn't really care about the economical fallout, they will mess with the BLS numbers and try to keep the welfare game going until they absolutely give no fucks and let it collapse. There has been many congressional meetings (some of which you can see on CSPAN) where the primary discussion has been what AMERICA NEEDS TO WIN A WORLD WAR against Russia and China...they're actually having these discussions! The grand conclusion is that the entire economic structure will have to emulate that of America when World War II broke out...a massive mobilization of all resources to promote the war effort.

how is this to work?
much of manufacturing and steel is outside of the US
 

Famous1

Rising Star
Platinum Member
The Dollar is still pre-eminent due to that very reason, the issue is that Russia and China (along with the rest of the BRICS) are trying to push the world away from that due to the unfair economic leverage it gives us. You're correct in your assertion about recessionary issues, oil has to be at a certain level to keep the world's economy buzzing at a reasonable medium. Unfortunately, two things are happening...we, along with Saudi Arabia are trying to cause massive damage to Russia (and Brazil's) economies (I can explain this in more detail) and we (along with other major powers) are stockpiling oil in massive amounts to fuel their respective militaries for a inevitable world war. The US Government, at this point, doesn't really care about the economical fallout, they will mess with the BLS numbers and try to keep the welfare game going until they absolutely give no fucks and let it collapse. There has been many congressional meetings (some of which you can see on CSPAN) where the primary discussion has been what AMERICA NEEDS TO WIN A WORLD WAR against Russia and China...they're actually having these discussions! The grand conclusion is that the entire economic structure will have to emulate that of America when World War II broke out...a massive mobilization of all resources to promote the war effort.

What would winning this war look like. What would we be fighting for?
 

TheDynasty

Certified Genius
BGOL Investor
What would winning this war look like. What would we be fighting for?

That's a good question, honestly. The US Govt. has gone completely crazy which is why I went civvy a longg time ago. The end of Empires have always been ended by war, the latest example is the destruction of the British Empire after World War II, they marshaled all of their Empire's resources to fight that war and didn't even have the strength to keep it together afterwards and England has still never fully recovered from that war and it's almost 70 years after the fact. The United States is fighting for primacy..basically for keeping it's superpower status which benefits us, the citizenry, in a huge way. The problem is that our society has become cancerous and decrepit, we've grown fat and lazy on our own excess. The work ethic and sacrifices our folks made back then after World War II that made the nation strong..militarily, culturally and economically, does not exist anymore. Those values are being upheld more so in the nations of our rivals unfortunately and while we still have most of our military strength intact we don't have judicious leaders and a studious, aware and reasonably healthy population to back it up...That makes us very dangerous.

We don't have the manpower (most aren't fit enough) even through a draft to win a conventional war with Russia and China. Regardless what the talking heads say on here..we just DON'T. We would be attacked from both sides on both the Atlantic and Pacific coasts and considering that most of our forces would be engaged in theaters of war overseas, it would be up to a depletion coalition of National Guard units, Coast Guard, DHS Forces and whatever left over stationed military forces to defend the mainland. We would have no choice to preemptively target important enemy locations with strategic tactical nuclear weapons if too many of our cities get overrun..read what I just said there.
 

Famous1

Rising Star
Platinum Member
That's a good question, honestly. The US Govt. has gone completely crazy which is why I went civvy a longg time ago. The end of Empires have always been ended by war, the latest example is the destruction of the British Empire after World War II, they marshaled all of their Empire's resources to fight that war and didn't even have the strength to keep it together afterwards and England has still never fully recovered from that war and it's almost 70 years after the fact. The United States is fighting for primacy..basically for keeping it's superpower status which benefits us, the citizenry, in a huge way. The problem is that our society has become cancerous and decrepit, we've grown fat and lazy on our own excess. The work ethic and sacrifices our folks made back then after World War II that made the nation strong..militarily, culturally and economically, does not exist anymore. Those values are being upheld more so in the nations of our rivals unfortunately and while we still have most of our military strength intact we don't have judicious leaders and a studious, aware and reasonably healthy population to back it up...That makes us very dangerous.

We don't have the manpower (most aren't fit enough) even through a draft to win a conventional war with Russia and China. Regardless what the talking heads say on here..we just DON'T. We would be attacked from both sides on both the Atlantic and Pacific coasts and considering that most of our forces would be engaged in theaters of war overseas, it would be up to a depletion coalition of National Guard units, Coast Guard, DHS Forces and whatever left over stationed military forces to defend the mainland. We would have no choice to preemptively target important enemy locations with strategic tactical nuclear weapons if too many of our cities get overrun..read what I just said there.

Bruh.... there will be very little if any conventional warfare.
 

Mixd

Duppy Maker
BGOL Investor
This country has no money to go into any other war. We have been broke for many years and the military is the only (bully) thing that the govt has used to get what they want globally.

They only go places or do things for a benefit. All wars today are bankers wars and predominantly every one of them today is about oil. You will not see this military go anywhere to help anyone if there is not some financial gain for this country.
 

dHustla

Rising Star
Registered
Was mostly talking about ppl I have chopped it up w/ or know in person but no doubt both of them too. I knew about Desert Eagle. Didn't know Punch had a spot...
I don't think Punch has a spot, just used to hustle and I know he up your way, dmv
 

rph2005

Rising Star
OG Investor
Everyone is pointing out what may happen. No one has yet to say what should we do when it happens. Do we bug out of the city and become survivalist and preppers?

Store water, food? Any jobs that wont be affected? Or is this the end of days?

shit, if it were ever to come to that, whitey got us way beat then. them duck dynasty motherfuckers been preparing for shit like this since god knows when
 

Mixd

Duppy Maker
BGOL Investor
Peter Schiff: It's going to be a 'horrible Christmas'
Fri, 6 Nov '15 | 7:00 AM ET

The Grinch has nothing on Peter Schiff.

On CNBC's "Futures Now" Thursday, the contrarian investor said that while Americans are wrapping presents this holiday season, they should instead brace themselves for "a horrible Christmas" and possible recession.

"I expect [job] layoffs to start picking up by the end of the year," Schiff said, pointing to retailers as the first victim. "Retailers have overestimated the ability of their customers to buy their products. Americans are broke. They are loaded up with debt," he said. "We're teetering on the edge of an official recession," and "the labor market is softening."

For Schiff, there is no one else to blame but the Federal Reserve. As he sees it, the central bank's easy money policies have created a bubble so big that any prick could send the U.S. economy spiraling out of control. And that makes the possibility of hiking interest rates slim to none.

"The Fed has to talk about raising rates to pretend the whole recovery is real, but they can't actually raise them," said the CEO of Euro Pacific Capital. "[Fed Chair Janet Yellen] can't admit that she can't raise them because then she's admitting the whole recovery is a sham and that the policy was a failure."

According to Schiff, the recent rally in the dollar is "the biggest bubble that the Fed has ever inflated" and "it's the only thing keeping the economy afloat." The greenback hit a three-month high this week after Yellen said a December rate hike was a "live" possibility.

"[The inflated dollar] is keeping the cost of living from rising rapidly and it's keeping interest rates artificially low. It's allowing the Fed to pretend everything is great," Schiff said. "Eventually the bottom is going to drop out of the dollar and we are going to have to deal with reality," he added. "That reality is we are staring at a financial crisis much worse than the one we saw in 2008."

Schiff, a longtime Fed foe, has been doubting a rate hike for some time. And while his predictions for a stock market and dollar crash have yet to pan out, he has maintained his stance that the Fed's hands are tied.

http://www.cnbc.com/2015/11/05/peter-schiff-its-going-to-be-a-horrible-christmas.html
 

Naha-Nago

Rising Star
Registered
that would be your mistake...

75% of mf's on this board may be batshit crazy but I will say that many of the cats on bgol would amaze u in real life.

met one of the biggest dope dealers of the 80's on this board. article in feds magazine and all. fam is a business genius.
couple cats damn near at the top of the food chain in pro sports, tech, law and medicine.
couple nightclub owners, buncha smart old heads and a few cool ass young cats.

the media (& not just black media) comes here for stories and has for years. don't sleep on bgol...

This....


Never ceases to amaze me what you'll see pop up all of a sudden AFTER being posted here.

Some amazing perverts on this board!!!!:lol::yes::D


* two cents *
 

Cock Head Jones

Rising Star
Registered
China's investment in Africa falls 40% in H1: MOC


BEIJING - China's investment in Africa collapsed in the first half of this year, but may remain robust in the long run, according to the Ministry of Commerce (MOC) on Tuesday.

China's direct investment in Africa stood at $1.19 billion in the first six months, falling over 40 percent year on year, said MOC spokesperson Shen Danyang.

The investment slowdown is due to the slack global economic recovery, international commodity price fluctuations and the Ebola outbreak, Shen said.

China's investment in Africa will keep growing in the long run as the country aims to invest a total of $100 billion by 2020, Shen said.

China will continue investment programs in Africa according to market potential, business environment and bilateral industrial development demands, Shen added.
 

dHustla

Rising Star
Registered
China's investment in Africa falls 40% in H1: MOC


BEIJING - China's investment in Africa collapsed in the first half of this year, but may remain robust in the long run, according to the Ministry of Commerce (MOC) on Tuesday.

China's direct investment in Africa stood at $1.19 billion in the first six months, falling over 40 percent year on year, said MOC spokesperson Shen Danyang.

The investment slowdown is due to the slack global economic recovery, international commodity price fluctuations and the Ebola outbreak, Shen said.

China's investment in Africa will keep growing in the long run as the country aims to invest a total of $100 billion by 2020, Shen said.

China will continue investment programs in Africa according to market potential, business environment and bilateral industrial development demands, Shen added.
This is good info.

It's all good until they get into some shit in a war torn country with 3 different sets of rebel groups. Then the politicians & business leaders get to keep all that money that was invested, Scott free.

How can we, as African Americans with only small capital, "invest in Africa"?
 
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