Does anyone else believe the impending financial crash will be bigger than 2008-2009?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is so much work out there. These are jobs that white collar workers or college graduates don't want to do.
I can find 20 people jobs right now making $30-$40 an hour without experience. I just can't find anyone looking for a job or willing to work.
Today is nothing like 2008 when I couldn't even get a server job with 10 years of experience.
I'm in hard assets because of the money printing. I have also been through 4 down markets/crisis and will come through it easily.
No crash. It's just another decade when people not in hard assets are left behind once again.
We are going through rapid changes, not a crash of any kind.

This. Job market is not weak.

Does anyone read a newspaper? Or, do you just spin whatever thoughts pop into your head?

"But fresh figures out Wednesday show that those meager job totals weren’t an anomaly: For the first time in more than four years, there are fewer open jobs than there are job seekers."
https://www.cnn.com/2025/09/03/economy/us-jolts-job-openings-layoffs-july

That is not a weak job market. What that means is that the market is not red hot. This is a normal solid economy number.

Yes, it is. And no amount of fudging the numbers by *whoever, but we all know who* can obfuscate that fact. https://www.cnn.com/2025/09/04/economy/us-jobs-report-august-preview

The market is softening. Inflation is ticking up. Gold, commodities and energy are good bets now. Let’s see if we get a rate cut today. Even then, it’s not that bullish long term. Tariffs are doing their part to slow hurt the economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There is so much work out there. These are jobs that white collar workers or college graduates don't want to do.
I can find 20 people jobs right now making $30-$40 an hour without experience. I just can't find anyone looking for a job or willing to work.
Today is nothing like 2008 when I couldn't even get a server job with 10 years of experience.
I'm in hard assets because of the money printing. I have also been through 4 down markets/crisis and will come through it easily.
No crash. It's just another decade when people not in hard assets are left behind once again.
We are going through rapid changes, not a crash of any kind.

This. Job market is not weak.

Does anyone read a newspaper? Or, do you just spin whatever thoughts pop into your head?

"But fresh figures out Wednesday show that those meager job totals weren’t an anomaly: For the first time in more than four years, there are fewer open jobs than there are job seekers."
https://www.cnn.com/2025/09/03/economy/us-jolts-job-openings-layoffs-july

That is not a weak job market. What that means is that the market is not red hot. This is a normal solid economy number.

Aged like milk: https://www.washingtonpost.com/business/2025/09/05/jobs-report-economy-unemployment/?itid=hp-mv-top-stories_top-table-main_p001_f001

[Anonymous]

Anonymous wrote:The markets are informationally efficient, meaning stock prices already reflect all available information about economic conditions and future risks, including those that are the subject of OP's rant. PP's belief that they know more than all the markets is delusional.

The idea that the market is an objective reflection of economic conditions is demonstrably false. If it were, crashes wouldn't happen-- instead, there would be a slow winding down as economic conditions deteriorated. The market in 2008 prior to the crash was strikingly irrational. But markets can be irrational for a very, very long time, and individuals are fearful of getting out too early. On average, that might be ok-- research shows that on average you do better not trying to time the market. But for a given individual, say someone who is approaching retirement and doesn't have 10 years to make up big losses, not getting out of the market before the crash can have huge implications.

[Anonymous]

What about land value? How does it correlate with stocks/gold?

[Anonymous]

I'm surprised how easily the market adapted to transitioning from free markets to central command economy. Really shows the resiliance of Wall Street.

[Anonymous]

Anonymous wrote:I'm surprised how easily the market adapted to transitioning from free markets to central command economy. Really shows the resiliance of Wall Street.

Deep cut. 10/10

[Anonymous]

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

Huh didn't know we had any Administration/Russian assets posting here, good to know. If this was the case, why didn't the dollar weaken significantly in 2022? Why only now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

Huh didn't know we had any Administration/Russian assets posting here, good to know. If this was the case, why didn't the dollar weaken significantly in 2022? Why only now?

Then you must not be paying attention. On relevant threads, Russian plants post a good 25% of the content.

[Anonymous]

Anonymous wrote:What about land value? How does it correlate with stocks/gold?

Generally it goes up and down with stocks / interest rate and doesn't really relate to gold?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

Huh didn't know we had any Administration/Russian assets posting here, good to know. If this was the case, why didn't the dollar weaken significantly in 2022? Why only now?

Whatever -- that's all you Russophobes ever say. Anyone raising logical points you can't counter is just slandered as a Russian asset. I'm an American -- I just know how stupid it was for the USA to freeze Russian assets in 2022 and what it means for the dollar. In all the years of the Cold War against our mortal enemy the Soviet Union, the USA never froze Soviet dollar reserves. It was stupidity of the first order to have done so with Russia's assets in 2022.

Stick your head in the sand if you will; the market doesn't care. The dollar is going down in value and due to the rise of BRICS (accelerated both by destroying the dollar's status as reserve currency as we did in 2022 and now by the short-sighted tariffs against India and others for buying Russian oil) a new economic era is dawning.

People should consider how inflated the U.S. stock market and other U.S.-linked assets are (including real estate) and how that is likely to change due to the relative decline of the USA and the rise of BRICS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

Huh didn't know we had any Administration/Russian assets posting here, good to know. If this was the case, why didn't the dollar weaken significantly in 2022? Why only now?

Whatever -- that's all you Russophobes ever say. Anyone raising logical points you can't counter is just slandered as a Russian asset. I'm an American -- I just know how stupid it was for the USA to freeze Russian assets in 2022 and what it means for the dollar. In all the years of the Cold War against our mortal enemy the Soviet Union, the USA never froze Soviet dollar reserves. It was stupidity of the first order to have done so with Russia's assets in 2022.

Stick your head in the sand if you will; the market doesn't care. The dollar is going down in value and due to the rise of BRICS (accelerated both by destroying the dollar's status as reserve currency as we did in 2022 and now by the short-sighted tariffs against India and others for buying Russian oil) a new economic era is dawning.

People should consider how inflated the U.S. stock market and other U.S.-linked assets are (including real estate) and how that is likely to change due to the relative decline of the USA and the rise of BRICS.

NP but we've frozen Iranian continuously assets since 2012. The idea that freezing Russian assets in response to their invasion of Ukraine was some uncrossable Rubicon that we blundered blindly over and the singular event which doomed the dollar is . . . revisionist? A glaringly obvious false agenda? Nonsense? Bulls**t?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My concerns is BRICS and loss of reserve currency status.

That ship has sailed -- it was a forgone conclusion when the USA froze Russia's sovereign reserve of dollars back in February 2022. No sane nation will hold a "reserve" that can be frozen at any time at the whim of whomever is in the White House.

Pretty easily actually- don't send hundreds of thousands of troops to invade another country, and your money won't be frozen. Funny how simple it is!

Iraq War, anyone? Libya? Syria?

It's easy to spout off flippant remarks like that, but no sovereign nation will hold a "reserve" that can be frozen when *your* nation's actions (be they invading another country or something else) can serve as the predicate for another nation (i.e., the USA) freezing your access to your reserve funds. Of course, it's just egregiously funny that the USA has gone around invading other nations for decades.

In any case, ultimately it only hurt the USA that we did that. Now the de-dollarization of the world is inevitable and the U.S. dollar will inevitably lose its status as the world's reserve currency in the coming years.

What will that mean for us? A much weaker dollar and much higher prices for anything we import (which is almost everything). There may be some silver linings, such as increased domestic manufacturing and reduction in government spending that comes along with loss of a money printer that prints the global reserve currency, but it will be a bumpy ride.

Huh didn't know we had any Administration/Russian assets posting here, good to know. If this was the case, why didn't the dollar weaken significantly in 2022? Why only now?

Whatever -- that's all you Russophobes ever say. Anyone raising logical points you can't counter is just slandered as a Russian asset. I'm an American -- I just know how stupid it was for the USA to freeze Russian assets in 2022 and what it means for the dollar. In all the years of the Cold War against our mortal enemy the Soviet Union, the USA never froze Soviet dollar reserves. It was stupidity of the first order to have done so with Russia's assets in 2022.

Stick your head in the sand if you will; the market doesn't care. The dollar is going down in value and due to the rise of BRICS (accelerated both by destroying the dollar's status as reserve currency as we did in 2022 and now by the short-sighted tariffs against India and others for buying Russian oil) a new economic era is dawning.

People should consider how inflated the U.S. stock market and other U.S.-linked assets are (including real estate) and how that is likely to change due to the relative decline of the USA and the rise of BRICS.

Okay not a Russian asset, whatever. Same question- if the turning point for the USD as reserve currency was 2022, why did it take 3 years for the dollar to weaken? Why did the weakening just happen to correlate almost to the day with the huge new tariffs in April 2025?

https://www.ecb.europa.eu/stats/policy_and_exchange_rates/euro_reference_exchange_rates/html/eurofxref-graph-usd.en.html

I do agree with you that BRICS and others are going to move on from the US as their biggest market and reserve currency, etc. But solely because of political instability here.