joe5955

Shemitah

Charlie_Prime

I disagree. If you stood in front of any Wal-Mart in middle America and asked everyone passing by if they had heard of "reddit", 95% of them would return a blank stare.

Yet, 95% of those same people would also tell you Bin Laden did 9/11, Iran has nukes, and Muslims want to cut off your Granny's head because they saw it on TeeVee and in a Movie.

CredAndBercuses

Well, the Shemitah's getting close, if it's going to happen it will be in mid September.

CredAndBercuses

As long as the 'net doesn't go down with it. Considering buying gold/silver with my bitcoin soon...

CredAndBercuses

more "views"

un1ty

I think that would be the plan, however the Pentagon has been trying successfully to bankrupt the un-Constitutional USA.GOV corporation that has sprung up in DC.

If the assets to prevent such a disaster weren't in place today - then yes.

pray_the_gay_away

Think of all the world's currencies as little bacteria colonies in a petri dish. Let's say one of those colonies (the dollar) grows much faster than the others. Eventually the dollar colony spreads so fast, that it takes over the dish and consumes all the food, so all the other colonies are snuffed out.

That is what's happening in global currency markets right now. Yes, the US has some enormous debt. But we also have the strongest economy, and the "reserve currency." If you are a poor Mexican farmer, and your life savings is in pesos under the mattress, and the peso is collapsing, you're gonna think about switching to dollars, aren't you? Now imagine all the world's banks collapse at once, and these shitty little governments have no choice but to print their way out of the hole, everyone will be facing limits on withdrawals while the money becomes worthless. These banks require some kind of fiat to operate (unfortunately not bitcoin yet), and there will be only 1 currency on earth that is not losing value.

Now take that scenario, and factor in a reversal in the bond market, and collapse of the derivatives market, both of which represent $200 trillion+ in assets where there are only $4 trillion actual dollars in circulation, but supposedly $12 trillion in bank deposits (except not really, because most banks are technically ponzi schemes). There will be a mass exodus from paper bullshit bonds/derivatives into slightly less bullshit but highly liquid physical paper USD. And because every other country is 10 x more fucked than the US, everyone will be scrambling for dollars. This will will cause massive deflation, the likes of which we have not seen since the great depression.

Don't get me wrong, one day there will be massive inflation of the USD, one day there will be a day of reckoning, but that day is not coming anytime soon, not until after the other currencies bottom out a few years from now.

Sarcasticus

The powers that be are most definitely not losing control of the media.

Charlie_Prime

TPTB still do control the media.

Places like Reddit et al. are inconsequential small fry. The majority of public brainwashing happens on television and in schools and universities.

No need for a Hail Mary. The long-term plan is a long, slow, incremental installation of ever more police state.

It's working. Things that would have caused outrage thirty years ago are now accepted as normal to young people. Thirty years from now young people will consider today's outrages normal.