When will the Collapse happen?

[fj45lvr]

The watershed event that will trigger the sharp downward spiral will be a treasury auction where no one shows up and the buyer of last resort the Federal Reserve prints the notes to purchase all the Treasuries.

At that time take your gold and go to Canada and don't look back at the carnage behind you.

why go to Canada?? there are plenty of places in various states of the Union that will be fine. Just get out of urban areas.

 

[Kludge]

I stick by my drunken numbers of last month (I assumed a disorderly collapse here):

.1% within 10 years
3% within 20 years
10% within 30 years
25% within 40 years
50% within 50 years
60% within 60 years
75% within 100 years

Government still has a fair amount of confidence and room to work with. If they see GDP % increases faster than the debt % increases within the decade, I think they may be able to sustain themselves for another 30 years, at least.

 

[V-rod]

Don't worry, the collapse will happen under a Republican administration. Then the media will probably point at the mixed economy system and say, "ah HA! Free Market Capitalism is a failure" then nationalize more industries, and put in price controls for the sake of the common good.

 

[Acala]

probably

The watershed event that will trigger the sharp downward spiral will be a treasury auction where no one shows up and the buyer of last resort the Federal Reserve prints the notes to purchase all the Treasuries.

At that time take your gold and go to Canada and don't look back at the carnage behind you.

I think this is probably correct. Although the precipitating event will probably happen before this. For example, a major natural disaster causes the loss in confidence that results in the failed bond sale. Or China stops being coy about dumping dollars and makes a rush for the door. Or we bomb Iran and Iran closes the strait. Etc.

 

[sluggo]

I think the collapse happened in 1913 and we've been dying by incrementalism ever since.

 

[BFranklin]

Dec 21, 2012

 

[DamianTV]

Possibly before the end of the year, with China and the whole fucking G20 declaring all out War on the value of the dollar. Definitely before that date in 2012...

 

[SLSteven]

Tuesday

What time?

 

[Sonny Burnett]

I stick by my drunken numbers of last month (I assumed a disorderly collapse here):


Government still has a fair amount of confidence and room to work with. If they see GDP % increases faster than the debt % increases within the decade, I think they may be able to sustain themselves for another 30 years, at least.

In order for the government to control this and restore the rest of the world's full faith they would have to cut spending 70% and raise interest rates. The GDP is bases on 70% consumption which is unsustainable. There is also the trade deficit.

When the world wakes up and publicly acknowledges that they are aware that we can't service our debt we are screwed no matter what the phony GDP numbers say.

 

[Danke]

What time?

Or which Tuesday?

 

[Merk]

We are swirling the bowl halfway through the second flush of a double flush that wasn't really a double flush cuz the first flush clogged the toilet. The solution that was offered to unclog the toilet was to provide the user with more toilet paper. This clogged the toilet worse so now rather than going down the drain it's all about to spill onto the floor.

The collapse actually almost over. The mortgage fauxclosure event is speeding events up by making obvious the fraud of contract law, loss of personal property rights, and the fraudulent nature of the origination of the mortgage process via fiat currencies and fractional reserve banking.

The dollar collapse is the final event in a long series of events that have made up what will historically be looked upon as "the collapse".

 

[devil21]

With the way the DX keeps falling, definitely check back tomorrow again.

 

[ctiger2]

After reading Martin Armstrong's newest Nice Try But No Cigar: http://www.martinarmstrong.org/files/Nice Try but No Cigar 10-9-2010.pdf

It's going to be a Meltup. Stocks, Commodities, Gold UP UP... USD DOWN DOWN... There's no DOW crash DOWN coming. It's going to be a crash UP.