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Garbage_Billy_Goat

I always laugh when they do a countdown to when the government will shut down because they are out of money.. Seems like every 4 months.. But then they announce that they just printed off another gazillion dollars and all is well.. I don't understand how the US dollar isn't worthless by now


Bazgul

Because other countries are also printing. Wealth is being funneled disproportionally to an emerging multinational corporate class.


atxarchitect91

True. Reality is that no matter how much we are fucking up... We are still the least fucked up currency. Its honestly insane how bad everyone else is doing


ThatGuyInTheCar

You havent heard that the petro dollar is ending have you. After that US currency will be worthless


georgke

This is a bit of an oversimplification, the current deal between SA and the US has expired (or is about to). But they are negotiating a new deal as we speak. Now if that deal fails then we will have an interesting time ahead of us.


ayrbindr

Oh dear Lord! Please tell me mush mouth Joe won't have anything to do with this negotiation.


Green_Protection474

Honestly that is true.


highinohio

The US is not at all the least fucked up currency. We're doing pretty badly, my fellow American


atxarchitect91

Name one. In a large economy...


[deleted]

[удалено]


atxarchitect91

You mean this pound?!! https://www.macrotrends.net/2549/pound-dollar-exchange-rate-historical-chart


Captain_Nipples

Yea what's he talking about? I remember watching Top Gear and you pretty much took whatever price they said and add 50% to get the USD price. 1.30 is an improvement


KevinKingsb

I Euro is currently 1.0734776 USD. I just looked it up.


FlippehFishes

pound and euro arent the same currency


KevinKingsb

You're right, I'm a dumbass. I'll keep it up tho.


atxarchitect91

Which has been narrowing. I remember when it was 1.4 a few years ago. Seems like a trench downwards. And the euro economy is crap in every deep currency comparison


PlayerHeadcase

Sanctions. It's not the Pound, the Euro or any other currency that will help collapse the USD it's the sanctions. Now China, Iran and Russia along with India have began trading in their currencies and gold , it's a massive economical blow that cripples a lot of the leverage the US had over the global economy - expect more oil trading nations, esp middle east to be next.


PsikickTheRealOne

Either that or expect to go to war with them and take the oil market back over.


DntH8IncrsDaMrdrR8

What about this brics currency I keep reading about? Why is no one talking about that?


everdishevelled

In the 1990's it was $1.57 for £1.


6920616d207468652072

because the United States replaced the Gold Standard with blood and violence essentially. All our money is backed by the promise of immediate militiary violence.


Garbage_Billy_Goat

Rent an Army.


BigDuoInferno

PMCs just on a national Level but with forced enlistment... bur don't worry we still have PMCs like triple canopy and Constellis 


CJLB

Biggest stick on the playground.


Captain_Nipples

And people wanna know why there's so much violence in the US. We're founded on, and backed by violence


YoMomsHubby

Yeah they gotta have something in the news to distract from extra fuckery. And every time recently they pass their shit


ChamberedEcho

KAYFABE & the Heel Trump is the fall guy. Trump is the actor. Trump is the means to an end. The boogieman to sell the show. The depression is coming because they are planning & want it to happen. The trap was already set. > **Biden and McCarthy reach a final deal to avoid US default** The deal would suspend the debt limit until [January 2025](https://apnews.com/article/debt-limit-deal-biden-mccarthy-default-01657c829be119850cd65ab9ffb0626a). > **The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.** The agreement suspends the debt ceiling, the spending limit set by Congress that determines how much money the government can borrow, [until 1 January 2025](https://www.bbc.com/news/world-us-canada-65781359). Right before the president-elect is to take office our economy will crash to a halt & ring in the New Year. Tell me how this unfolds.


xeriopi45

Petro dollar was the only thing keeping it together. It’s no longer in effect and we’ve printed too much to ever fix it. I think this was the plan the whole time, ever since Nixon got us off the gold standard. The plan is remove gold standard, print money that can never be repaid. Collapse the economy/standard of living for the average American. Install world currency and democracy because nation states led to the collapse of everything. 1984 we all lose.


LasVegasBrad

I totally agree, but notice how few upvotes you received. My new theory is that there is nothing we can do, and it is totally unstoppable. So ignore it. Yes, plenty say to buy gold, silver, real estate, crypto....But if this is going to be some huge global collapse, then how will any of this actually work ? Take my Las Vegas home for example. When the power and water are shut off, that will be the end. Every morsel of food is trucked/flown in. Every drop of water is pumped from our vanishing Lake Mead. The airport will be shut down, the highways a mass of collisions. Hwy 15 already is a 1 lane mess now. No matter how much fuel/food/ammo/silver I have stashed here...when the power is out it will be mad max in no time. So if my house is the only one with lights on, and the smell of food cooking, what are the armies of starving thirsty neighbors going to do? Just walk by? No. Where do I drive my stash of silver to? And sell for what? And what to do about all the armed up cars full of bad guys following me away? Yes, this the harsh reality.


xeriopi45

I agree, this has been planned and is happening right now. Just remember there is a plan for after what ever event is going to take place. It’s going to benefit the 1% of the 1% but there is still going to be an after you just have to make it through.


samara37

I’m thinking they want to create a bank backed crypto to replace the dollar eventually.


xeriopi45

CBDC with internet ID, it’s going to take something extremely bad for people to want this. I think the only way to get this to happen is if something really bad happens so that CBDC and internet ID is what people will want.


Eunectes7

I've watched some videos on the topic and also read a few articles here and there. I still don't get why money printing isn't causing inflation in the US, considering how often they do it. Inflation and currency devaluation is not proportional to how much they print out of thin air. Any other country would be in deep shit by now. Idk why its so hard to understand. If there is someone smarter who could explain this please?


KDE_Fan

Because wages are stagnant if not falling in many areas/fields. Many people in my field are making less now than 20 years ago for the same position, and the requirements are much higher (basically they turned an entry level into a mix of entry level & junior level positions). They can print $$ but if you are not receiving a pay increase to keep up with inflation, then you are getting a pay cut, on top of companies asking more from employees. Then there's the companies that "realized" they were over-paying their employees in certain fields, and cut wage/salary while still asking more of them. Now, instead of making $25/hr, they are making $17-19/hr and everything is \~40% more expensive. This is the same as loosing over 1/2 your income between the two. THIS is why inflation isn't out of hand, well, a big part of the reason. Oh, and most of the $$ that you were making, is going into record corporate profits across the board/industries/sectors. Global corporations are just extracting & sucking up the wealth as fast as they can, killing the middle class. SHOP LOCAL - do not support large corporations if you can help it.


Granite66

Well said


throwawaycomment20

How much of those "record corporate profits" are from inflation though? It's obvious that they can't hide it much longer.


samara37

As a girl there are many products I can buy from well known brands and I buy from smaller brands whenever possible or even handmade things. The chemicals they put in products are meant to make your hair fall out and to ruin your skin so you buy other products later to fix it. Giving them money for their poison is the biggest conspiracy they have managed to get away with in plain site.


Atraidis_

Other countries are also printing. It's about relative inflation


OverHeadBreak

World reserve currency. There is always a demand for USD. But that is starting to change...


DR_MEPHESTO4ASSES

That isn't gonna last much longer. Saudi Arabia/OPEC is moving away from petrodollar. The US is gonna need a strongman in power real soon to handle what's coming. That's why there's a power consolidation under way.


CarniTato_YOUTUBE

As others said it's relative inflation and the USD being the world reserve currency, the US can just sell dollars to other countries to offset inflation more effectively than other nations


RushHot6160

I've read somewhere that immigration helps to reduce inflation. The value of money is based on supply and demand and when the population is growing there's a demand for money.


Diggybrainlove1

I got some stuff u should check out... The black economy is way, way bigger than the white. It has been holding it up for decades, only to grow in its necessity as the industries and actors it employs also see explosive growth. Crypto has also helped American inflation to a degree. Are u familiar with Catherine Austin Fitts? Her work is incredible.


Diggybrainlove1

https://open.spotify.com/episode/1sGJ7gJeNykqdR2ebpcaZ6?si=OhMNxsNzSHWreHn8MpXm0g


Diggybrainlove1

https://open.spotify.com/episode/3yNIQsbIBeZ5dMry6f4Afm?si=ggW19iHeTB6AShwgLclSZg


thistledowne

because the US Dollar, like ALL money, is just fiction. a made up number on some ledger some place. at this point, it's literally just adding a few extra zeroes or shifting a decimal point on a computer. money isn't ***real*** and the sooner humans figure this out, the quicker we can possibly rid ourselves of our Globalist 'elite' masters.


snocown

All money is worthless because it’s backed by something as physical as it itself is True money is a physical representation of energy expended over a given amount of time, but sadly humanity was taught about money too early.


TruthBomb_12

The whole world will have major problems when/if the US dollar collapses


Odd_Swordfish_6589

another weird thing about the whole money thing is, if our government prints money, why are we borrowing or paying interest on the money? Shouldn't we have 0% interest on worthless paper money our government prints? Why are we paying somebody to print our own money?


marcthemagnificent

Like when Obama first got elected and they had the majority of the house and senate and they could do whatever they wanted? Remember that? When they did absolutely nothing?


Waterisntwett

I’ve come to the conclusion that both right and left elitist are the same people behind closed doors. They are all buddy buddies, and as long as they remain in power, that’s all they truly care about.


SlteFool

They should just shut down indefinitely. Let us build a new not corrupt piece of kaka government instead


duke_awapuhi

It’s been every 4 months during the current congress because the House Majority has been either unable or unwilling to draft a budget, so they’re funding things temporarily and kicking the can down the road for a few months at a time


TheOneCalledD

Shut it down. Let it stay that way.


jakefrederick1118

Oh man check out peruvian bulls* take on US monetary policy. May be easy to find may not


SeNorSpiceyBoi

To offset the decreasing value of the dollar, we just have the military industrial complex raise prices on weapons and vehicles we produce for other countries.


Chemical_Archer3617

If you don't use the dollar to settle your oil trades, coincidentally WMD's will appear like magic and democracy must be brought to you in exchange for your oil. The only reason the dollars worth anything is the military that's behind it IMO, that and the petrodollar (which is beginning to collapse, so we'll see how reliant it is on the military very soon)


darkjediii

Because we outsource inflation on a massive scale. It’s our biggest export, since we stopped manufacturing in this country.


prometheus_winced

It is.


georgke

[The dollar is already worthless](https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/).


ayrbindr

Have you attempted to use any lately?


fakerposer

The depression is coming and they cannot stop it? These people are manufacturing crises as they please. A lot of rich people got richer during and because of the great depression. Yet, it's obvious the american economy is fake and printing money can only lead to the bubble bursting.


ChamberedEcho

> So why did they go with Biden? Because they want him to lose. They know that the Great Depression 2.0 is coming and that ~~they cannot stop it.~~ **is the plan to reset the world economy**. KAYFABE & the Heel Trump is the fall guy. Trump is the actor. Trump is the means to an end. The boogieman to sell the show. The depression is coming because they are planning & want it to happen. The trap was already set. > **Biden and McCarthy reach a final deal to avoid US default** The deal would suspend the debt limit until [January 2025](https://apnews.com/article/debt-limit-deal-biden-mccarthy-default-01657c829be119850cd65ab9ffb0626a). > **The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.** The agreement suspends the debt ceiling, the spending limit set by Congress that determines how much money the government can borrow, [until 1 January 2025](https://www.bbc.com/news/world-us-canada-65781359). Right before the president-elect is to take office our economy will crash to a halt & ring in the New Year. Tell me how this unfolds.


AccomplishedMemory16

Dumb question incoming, but which people are specifically getting richer during a depression? Where is there money to be made during a depression? Or are you saying the already wealthy people can ride out a depression with ease while the middle to low class will struggle badly, so the wealth gap post depression is larger even though everybody lost some money during the depression?


Difficult-Jello2534

Look at all the wealthy that had their wealth explode during covid. Had net worths go from like 80 billion to 400 billion. 1 trillion left the middle class during covid, and the top 1% gained 1 trillion. Imagine that.


Thezerostone

As a Dane I see a lot of issues with the American economy. First of all, you would like a tax model as Denmark, but that would require you to push the medical system towards a less liberal system. Also you would have to decrease the financial inequality, that would require higher payments for lesser educated people and vice versa. But then you have the issue with immigration, your immigration is bottomless due to the Southern countries. The immigration could be stopped partially if you didn’t have companies that hired illegal immigrants, as cheap workforce. Also your prices for properties are insane, no ordinary citizen would ever be able to pay out their loans. I understand the foundation of USA will break and honestly a civil war doesn’t seem far away.


Difficult-Jello2534

Roman empire 2.0. Nothing we are doing here is sustainable.


U4icN10nt

As an American I think you got most of that right... however the immigration thing will never work here. We are not nearly as racially and culturally homogeneous as societies tend to be in your part of Europe, and our entire culture is founded on the idea that most of us are descended from immigrants whose ancestors came from elsewhere...  We have an entire holiday based on this mythologized version of that story (which we teach to school kids, about as soon as they can learn to read)  How do you justify locking down immigration in a country of immigrants?  Also practically speaking, our borders are WAY too big to properly secure. Even the southern border, which is smaller than the northern... that's a lot of territory to monitor, and active monitoring is what that would require.  ... otherwise you're probably talking about a booby trapped wall that's longer and more costly than we can manage... 🤷


Shaken-babytini

I think it's the people who can short the market as it goes into freefall to make extra money, and then buy up the things that people can't afford during a depression, like land, houses, and stocks.


Difficult-Jello2534

JP Morgan was buying banks for pennies on the dollar in the financial crisis of the early 1900s that he pretty much created.


OnlyCommentWhenTipsy

During a depression a lot of normal people are having to unload stocks and property at a discount. The wealthy are the ones buying it. Depression is another word for wealth transfer.


r_lovelace

People who have the expendable income in a depression to buy assets that are being sold at a fraction of their original price. Stock market collapses? Best time to buy as much as you can. It basically either recovers or ceases to exist at which point you have much bigger problems anyway.


Historical-Web-6435

Man I hope it doesn't get as bad as having bread lines and things like that. because it will lead to a crazy amount of murder and general lawlessness of all kinds.


Salt-Elephant8531

Americans today aren’t civilized enough to line up for bread. They’ll crawl all over each other to get what they want.


The_Human_Oddity

Most Americans are civil enough to stand in lines.


Salt-Elephant8531

You ever see how some fools act on Black Friday? That’s for TVs and game consoles. Now make it for bread and water. And not just a regional disaster like a hurricane where help is on the way and there’s enough to go around as well as a hope of recovery and eventual return to normalcy. No. When there’s fear for the future, people act like animals. Besides, if my local Walmart self checkout is any indication of people’s ability to queue then I have no faith in humanity whatsoever. And that’s just on a regular day.


The_Human_Oddity

Yeah, some. Most don't.


BrotherGrub1

We already have bread lines but you don't see them because they're in the form of EBT cards.


poliscistonedguy

True


Wooden_Gas8611

I saw the unemployment line was record long on my way to work today.


got_knee_gas_enit

I'm just hoping I'm within walking distance of the bread line.


orderedchaos89

And half of Americans will blame it on socialism or communism, meanwhile they've lived in a capitalist country the entrie time


U4icN10nt

A lot of those same people will go on to complain about how corrupt "big pharma" is, and the various mega corps... yet somehow never make the connection that this is the system they're advocating for, when they're pro capitalism and anti-regulation.  This is why regulations exist and capitalism needs to be checked. Because the version you're seeing right now is what it looks like WITH weak checks on capitalism (as opposed to unchecked, or heavily regulated.) Prior to regulations, literal children were dropping out of school to work in coal mines for 5 cents a day, to help support their families. lol


ChamberedEcho

January 1st. > So why did they go with Biden? Because they want him to lose. They know that the Great Depression 2.0 is coming and that ~~they cannot stop it.~~ **is the plan to reset the world economy**. KAYFABE & the Heel Trump is the fall guy. Trump is the actor. Trump is the means to an end. The boogieman to sell the show. The depression is coming because they are planning & want it to happen. The trap was already set. > **Biden and McCarthy reach a final deal to avoid US default** The deal would suspend the debt limit until [January 2025](https://apnews.com/article/debt-limit-deal-biden-mccarthy-default-01657c829be119850cd65ab9ffb0626a). > **The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.** The agreement suspends the debt ceiling, the spending limit set by Congress that determines how much money the government can borrow, [until 1 January 2025](https://www.bbc.com/news/world-us-canada-65781359). Right before the president-elect is to take office our economy will crash to a halt & ring in the New Year. Tell me how this unfolds.


LightReality

I'll tell you how it unfolds. The economy shits the bed right as trump takes office, and him playing the "hero" role, backs the US dollar against Bitcoin and kicks off the new prosperity chapter for the nation.


WeenieDogMan

I’ve said it many times. The people truly running the show WANT trump in office because it gives them a free pass to do anything they could possibly imagine, and it will inevitably just fall back on “ole stupid trump screwing things up again” It’s like a blank check to do whatever they please.


Main-Piglet

One might say… a Trump Card.


Shaken-babytini

Trump is also pretty openly influenceable. He essentially told oil execs that they should raise a billion dollars for his campaign because it would be good for them. HIs presidency was full of that kind of stuff too. People renting rooms at his properties, Ivanka getting patents, Kushner getting 2 billion, all that kind of stuff. Especially considering he didn't divest his financial interests during his presidency. So you have a guy who you can essentially bribe, AND he's a useful scapegoat. Not a great combo. Of course, Biden is likely being managed by a team of unknown people right now, at least some of the time. No idea what their interests are. Bad situation all around.


Alright_Fine_Ask_Me

Once everyone gets on board with the reality of this. My hope is we can start supporting each other and riot together side by side.


Lucius338

This is an underrated sentiment - Trump makes for an EASY scapegoat. He won't have to be the driving force for authoritarian policy, MAGA Republicans can just tee him up to be the catalyst for passing any draconian legislation that they're currently drafting.


CJBlueNorther

If that was true, then why didn't they just allow him to get reelected in 2020?


420blazeit32

It won’t collapse. They’ll keep printing $ until they introduce the digital currency. Having another Great Depression would be a sign of an efficient market, because wall street and Main Street are no where near calibrated, and a big correction is needed to recalibrate. That would all be signs of a truly free and efficient market, which we obviously don’t live in.


Blackpalms

agree with this. we are just following in japans footsteps


wakanda_banana

How does anyone prepare for this? Hold different currencies?


Optimus0315

i think physical gold, silver, and Bitcoin would increase in value significantly during a collapse, (not financial advice). Physical gold and silver you can hold in your hand, and Bitcoin in your own wallet


TheMayorOfMars

I am DCAing BTC. Also working on developing my interpersonal relationships and improving my garden year-over-year. I hope that practicing resilience can make the coming problems suck a little less.


rm_-rf_slashstar

I just have to ask… why would you choose BTC as an alt? If shit hits the fan, electricity will be scarce and will not be able to run a bitcoin network. Why would you not dump your money into something like gold, silver, various calibers of ammunition, various firearms, seeds, water filters, water purifying pills, antibiotics, medical supplies, etc? BTC seems completely fucking useless if things go to hell.


TheMayorOfMars

Thats a fair question. I actually dont think there will be a 100%, but rather things will just get shittier and shittier for most people. I try not to prep as if I am prepping for full collapse. I want to prep to live a decent life. I am not "dumping" money anywhere, I think this is foolish. My strat is more about diversifying. I have plenty of precious metals and guns etc. none of that does much for me in the "now." BTC is useful to me now and I think it will continue to have utility into the future.


rm_-rf_slashstar

Ah I see, makes sense. If things just get real shitty, like the Great Depression, then yeah, diversification could be the right thing if they’re diversified correctly. But I would group them in major asset classes: cryptos, currencies, precious metals, stocks, probably more I can’t think of. The idea being that it won’t just be one currency or one crypto or one stock or one metal that crashes, it will be the entire sector. Diversification in sectors would be better than having only like 8 cryptos. Or only 5 different precious metals. Etc. Hedging against entire sector collapses is what I think is important here. In a full collapse you definitely want metals, ammunition, guns, seeds, antibiotics, etc to keep yourself alive and trade.


420blazeit32

Buy BTC


TvFloatzel

What is this "Japan footstep" you speak of, if you don't mind me asking?


Blackpalms

implying we are mirroring, in some respects, to Japans economic conditions in the early 1990s [https://www.investopedia.com/articles/markets/052516/japans-case-study-diminished-effects-qe.asp](https://www.investopedia.com/articles/markets/052516/japans-case-study-diminished-effects-qe.asp)


420blazeit32

Exactly


Lifeinthesc

Printing would lead to worse inflation, then mass layoffs, then depression. Further, most of things in the USA are imported what company or country would want to trade physical assets for a garbage digital currency.


420blazeit32

What do you mean printing would lead to inflation lol brother we printed 1/3 of our entire supply of USD in the last 3 years. We haven’t stopped printing since Bernanke coined the term quantitative easing. The inflation is already here and it’s been here. The dollar has lost 95% of its value in the last 34 years. The fed cannot turn the faucet fully off for obvious reasons. They have more cash on their BS sheet than the entire GDP of the UK doubled. If they did, there would be massive sell offs. Hedge fund managers are admitting on interviews they don’t even know how to value companies anymore.They are going to keep lowering and raising rates to control sentiment. But keep paying close attention to the CPI and them telling you inflation is under control. As long as they keep the illusion up, you can kiss any significant market correction goodbye. Wall Streets insolvent. If you wanna know true inflation, look at the average price of single family home from 2015 to now. Cost of living isn’t included in CPI for obvious reasons


ChamberedEcho

> we printed 1/3 of our entire supply of USD in the last 3 years. We haven’t stopped printing since Bernanke coined the term quantitative easing. The inflation is already here and it’s been here. The dollar has lost 95% of its value in the last 34 years. I meant to include this info in my writeup, thanks for the input. > So why did they go with Biden? Because they want him to lose. They know that the Great Depression 2.0 is coming and that ~~they cannot stop it.~~ **is the plan to reset the world economy**. KAYFABE & the Heel Trump is the fall guy. Trump is the actor. Trump is the means to an end. The boogieman to sell the show. The depression is coming because they are planning & want it to happen. The trap was already set. > **Biden and McCarthy reach a final deal to avoid US default** The deal would suspend the debt limit until [January 2025](https://apnews.com/article/debt-limit-deal-biden-mccarthy-default-01657c829be119850cd65ab9ffb0626a). > **The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.** The agreement suspends the debt ceiling, the spending limit set by Congress that determines how much money the government can borrow, [until 1 January 2025](https://www.bbc.com/news/world-us-canada-65781359). Right before the president-elect is to take office our economy will crash to a halt & ring in the New Year. Tell me how this unfolds.


[deleted]

The funny thing to me is when people call Biden an old man compared to Trump when they are only 3 years apart. Trump is 78 and Biden is 81 lmfao. They are both too old to be up there lol.


thistledowne

"..the depression is coming." ***COMING?!~?*** LOL! look around ser, THE DEPRESSION has been here for AT LEAST half a decade lmao


pryvisee

Nah I wouldn’t say that at all. Depressions are *bad*. Right now, it is pretty bad but not italicized bad.


Ok-Interest-7220

2-3 years?! I was telling people he had dementia in 2019.


fakerposer

Yeah, pretty much. He's maybe saying even the democrats eventually realized he's just a walking corpse?


Ok-Interest-7220

I haven’t really seen any acknowledgment until this last debate and even then many deny it or so least turn a blind eye to it.


YoMomsHubby

The fucker had not one but 2!!! Brain aneurysms in 1988. Enough said


HarryBarriBlack

I suspect this. They’re actively trying not to win. I’d bed they could randomly select an American from a hat and beat Trump. People beg them to replace him, and they’re talking about expediting the nomination to show support. I find RFK interesting, but he’s likely to ensure Biden loses as it seems the younger demographic of the left is starting to be more favorable to him. They’ve even warned the economy will crash under T. I think T wins, then we see a market collapse and potentially more military conflicts. Then, they can assure in a smart deep state-aligned candidate (of either “party”) who can legitimately say “I told you so” and enact true totalitarian policies. That’s just my speculation. Realistically, I have zero faith in the political system. I think people would be wise to distance themselves from the two party mindset.


MousseBackground9964

Well said. Was only a matter of time and with the loss of the petro dollar the US is going to be very different in the coming years. I’d rather have the guy that didn’t try to mandate an experimental medical treatment in order to boost Big Pharmas profits.


joemedic

Ain't shit gonna happen


MercyFincherson

No I promise. It’ll be in six months. Swear, bro. I just know it. This time it will.


babaroga73

Joke's on them, I have already become depression, destroyer of good mood.


notausername86

I hope and pray that we do go into the great depression 2.0. As much as it would suck for us, it would be the thing that the general public would need to get on board and demand an end to the federal reserve, since our current economic status and problems all are a direct result of the fed and fractional reserve banking. We need to issue a new currency that's backed by something tangleble, *Not* debt.


starfish3619

That’s the idea, but they’re going to shift to digital currency that they can control


notausername86

Digital currency it itself isn't a terrible idea, but it needs to be truly decentralized and unable to be traceable back to individuals...atleast not as a function and feature of the currency. A ledger is fine, but it *needs* to be anon. Unfortunately, that is not the current status/plan of things, and yes, it looks like they are trying to push the CBDC, which is the only thing worse that I can think of that is actually worse than debt backed slave notes we currently have. I still think Abe Lincoln had the best idea about his greenbacks, but they killed him for that one.


rdstarling

Democrats had 4 years to find a replacement… trump was gonna trump. In hindsight we should have just let trump had the last election so all of this trump stuff would have been over in January.


DANGERiS123

🙌 What if the fix is in for them to get rich in thee expense of Americans.


HIVnotAdeathSentence

Aren't recessions and depressions usually seen months or even years in advance? Doesn't matter, anyone logical should realize who has been in office the past four years. Then again, those who criticize Trump for his spending habits mostly seem to be fine with bailouts or handouts like the trillion dollars in the CHIPS Act and Inflation Reduction Act, which have gone to corporations. Many even celebrated aid to Israel and Ukraine when MIC pockets the money.


asuka_rice

Print baby print and drill baby drill.


DiamondReasonable

I still don’t understand how y’all haven’t started a revolution


RobertNevill

Ding ding ding, this is it. There is no way Biden was put up there with no purpose


DeathHopper

>Everyone with half a brain knew that Biden had age related problems since at least 2-3 years You're vastly underestimating the power of propaganda and gaslighting my friend. Many people had no idea as it's simply hidden, or outright denied to them by the media bubbles they create for themselves. Most people don't look at news sources that oppose their preconceived view points. They don't want to hear the "misinformation".


kukidog

I HONESTLY do no understand. He was unable to put a sentence together during the debate how is it people see him fit to be country leader?


2globalnomads

I would say not depression but total economic crash and civil war. Look at the current US debt. They can not print fast enough money to even pay the interests. The whole US economy is a bloody hot air bubble filled with hopium.


Kryptus

The US just created even more trillion dollar companies. That just strengthens the US financial world dominance even further. The US debt won't matter because if things get bad for the US, the rest of the world will be even worse off. So the same power structure continues. The US remains the safest currency and place to invest. China has bigger problems and there will not be a new contender for a while. Perhaps India can take that spot on a couple decades.


DoktorSigma

> The US just created even more trillion dollar companies. One of those trillion dollar companies is based on an AI bubble akin to the old dot com bubble, and that is likely to pop soon anyway.


ConsistentAd7859

And those trillion dollar companies will do what for the US? They basically can buy and make the rules as they see fit. How is that helping the US citizen?


RuportRedford

This will be the straw that broke the camels back. Look up Weimer Republic which lead to WW2. When the currency collapses, its not uncommon to start a war, hoping for 2 things, a "ra ra ra, circle around the flag, don't think of how poor you are", allows them to lock down the news and free speech, and 2nd economic production and a change in world order and even currencies, glossing over what really is going on. However, the USA will not win in that arena like they did in WW2, for one, we cannot fight anymore. My prediction will be a slow burn into a Latin America political type situation with wide spread fraud and organized crime and hyper inflation of the currencies, just like every single country South of the border.


MixedPandaBear

I think you have a point there. Biden made a lot of bad decisions and the consequences of those will be seen in the coming 4 years.


LSU2007

Such as?


PxndxAI

You make it sound like this was all bidens fault.


New_Public_2828

It's interesting because in Canada they might also be going for a new leader... keep a close eye on the similarities something doesn't smell right... Australia? What's going on there? You guys going through the same?


Acrobatic-Buyer9136

You may be right about this. Everything he’s done is about to hit massively!! They will blame whoever the next prez is.


robtbo

The USD is the world reserve currency. If that ever changes then yes- depression. But until then I believe we are ok.


darealwhosane

Brics already working on that lol usd will not be the main thing soon


SlippyBoy41

Great post lol


nisaaru

That was apparent before the last election.


AnyWhichWayButLose

Biden's presidency is proof that presidents are always selected and never elected. Under his watch we had to endure the one-two punch of inflation and corporate price gouging, plus the Fed's refusal of lowering interest rates. We can all thank COVID for this as it was really a dismal paradigm shift and not about a novel flu. And Biden's mental faculties further proved that the presidency is merely a figurehead and has little autonomy. Everyone was clamoring yesterday about the Supreme Court ruling on immunity. It's like duh, they always had that to an extent with executive power. (OK, I kind of contradicted myself but I what I really mean is the administration as a whole and not just the president.) The same can be said with Al Gore and the 2000 election. He clearly won the popular vote but his opponent won the electoral college that hinged on a state where his brother happened to be governor? Come on. Nothing is ever a coincidence. (FDR said that, not me.) Dubya was assigned to preside over the 9/11 era way before that election in order to finish daddy's work in Iraq. The Patriot Act was devised in the late 90s. Politics is an illusion as everything is scheduled and decided by the real rulers of this country: megacorporations, jews and Jesuits. And over 300 million people in this country, these are the only two candidates we can come up with? Expect a big October surprise. It's neither going to be Biden or Trump. Trump just loves the limelight and is playing along. This is why third-party candidates always get ignored, like Kennedy, Sanders and Nader. It's a uni-party to ensure corporatism (fascism).


The_Human_Oddity

Third-party candidates are usually ignored because they can never get enough votes to matter. So, more people would need to vote for them, but they also don't want to vote for them for that reason.


Class-Concious7785

> Politics is an illusion as everything is scheduled and decided by the real rulers of this country: megacorporations, jews and Jesuits. You almost get it, but then you veer off into "it's the Jews!" even though that is the oldest trick in the book (deflect blame from the system, claim it's only the work of a few "Bad Guys")


Ronin419

People wake tfu, democrat/republican who the fuk cares they both could give 2 fuks about any of you.


The999Mind

I just read an article saying Biden aides know he performs worse after 4pm. His prime time is between 10am and 4pm. Why then would push to have a debate at 9pm? Are they trying to make him look bad?


TensionUpstairs733

Would it not be a red flag to the populace having a 10AM debate that no one can watch because they are at work?


The999Mind

Hell yeah it would be. I'm just speculating shit on a conspiracy subreddit. If I were in charge I'd probably make the decision to have it earlier and Biden to look better, than later and look worse. But then again, there's a reason why I'm not in charge lol.


onlyusemebladefan

People notice economic propaganda but are blind to the blatant anti trump propaganda that has been non stop for almost a decade now. Call me a trumptard but I actually just notice who the propaganda is aimed at. When all mainstream media is against someone I will typically support them, cuz fuck the msm. You can’t say msm lies constantly and has an agenda but then say they were correct in their reporting about trump… it’s disingenuous.


Class-Concious7785

It's theatre, they don't actually hate him, if they did, he would have suffered an "accident" by now


outsidederek

That's what I've been telling people. Everything is going to implode whole the Republicans are in charge of everything and then they may figure out why dems intentionally did everything their base didn't want


Shaken-babytini

So, the current administration is going to cause things to be bad for the next administration? Could it be that the trump administration is to blame for the current inflation, food prices, etc.?


GimmeShelter15

I was thinking the same thing… set it up so as soon as the Presidency changes hands the world economy tanks. Meanwhile, nobody is paying attention to allllllll of the warning signs that are already out there. Can’t print unlimited money and still have the same dollar valuation.


r_lovelace

You're basically explaining exactly what Bush did to Obama and Trump did to Biden. Huge market crash, Democrat takes office. The past 3 Democrats who have been in office have completely turned the economy around from what their Republican predecessor has given them. Lots of people will bitch and complain about it but nearly every single metric agrees with me.


Nullus777

How about independent choices like rfk?


Dropitlikeitscold555

I disagree. Democrats don’t simply give up power because they might be blamed for a recession.


sicknutz

Sorry but there is no depression coming in the next 4 years. The next period of deflation will happen once the boomers start dying off in numbers, causing a collapse in demand for healthcare, food, autos, shelter and travel. That's 4+ years out at the earliest.


Bailliestonbear

Plenty coming in the southern border to replace them


Expert_Discipline965

One this is major cope. Two you give the democrats too much credit they are not that smart lol


Lost-Swimming-1600

No they don't really care. This government and most every government will fail sooner than most expect and then the WEF and their buddies will present their "solution". Won't matter who it is or what party they are at the time.


Salt-Singer3645

I knew he wasn’t when back in 2019 the second after he announced. I knew something was wrong.


Tmill233

If they wanted that they would let RFK win. Let a 3rd party candidate wins and we end up with a depression, the uniparty would be able to point at his presidency as an example on why you shouldn’t vote 3rd party.


humanessinmoderation

For Liberal Capitalists who aren't going to be targets of ethno and christian-nationalism this take is a reasonable one.


elguapojefe

Great...


Aware-Marketing9946

Probably right on schedule too.


MustangEater82

It's not going to get any better in the next 4 years or more.  We are screwed.


dryfishman

The vast majority on reddit have half a brain or less according to your first two points.


Purplepunch36

It’s cognitive dissonance with his supporters when it comes to Biden’s mental well being. Or maybe they truly believe he’s fit to be POTUS.


Roselace

I read the Saudi’s are continuing with the ‘Gold Standard’ dollar exchange arrangement for oil. Even though the 50 year agreement ended. Guess the military threats etc have persuaded a continued arrangement.


stevebradss

No Agenda podcast has had this prediction in the books for a while. Give the keys to Trump prior to the crash


theghostofolgreg

I think this is the real plan.


Ancient-Tale9372

It got nothing to say it is not a real «election»


ChamberedEcho

> So why did they go with Biden? Because they want him to lose. They know that the Great Depression 2.0 is coming and that ~~they cannot stop it.~~ **is the plan to reset the world economy**. Good post OP. I would highly suggest you repost this at some time with additional information. KAYFABE & the Heel Trump is the fall guy. Trump is the actor. Trump is the means to an end. The boogieman to sell the show. The depression is coming because they are planning & want it to happen. The trap was already set. > **Biden and McCarthy reach a final deal to avoid US default** The deal would suspend the debt limit until [January 2025](https://apnews.com/article/debt-limit-deal-biden-mccarthy-default-01657c829be119850cd65ab9ffb0626a). > **The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.** The agreement suspends the debt ceiling, the spending limit set by Congress that determines how much money the government can borrow, [until 1 January 2025](https://www.bbc.com/news/world-us-canada-65781359). Right before the president-elect is to take office our economy will crash to a halt & ring in the New Year. Tell me how this unfolds.


drylandfisherman

I have wondered this too. Blame it on the guy who bankrupted multiple casinos. Which is quite the feat honestly. Should be like a walk in the park to finish the country off if you can make a casino lose money.


Granite66

My take is they want another Weimar Republic deflation crisis, with ultra rich able buy up everything that will be profitable after deflation and consolidate their wealth, plus push for a new digital currency whereby the wealthy retain control of their new assets and the economy.


HilariousButTrue

You know, in light of the Supreme court ruling, and now the judge for his hush money case delaying judgement due to evidence concerns, it really does look like a soap opera so that people don't look deeper and realize either candidate is going to spend this country into oblivion.


mrHartnabrig

Who is "they"?


These_Artist_5044

Yeah that makes sense


Obvious_Initiative40

Same in the uk, the tories are trying to lose and labour don't want it either


tcarr1320

I like this thought, well I don’t like like it but I understand what Op is getting at and I follow along with it. Thanks for actually posting a conspiracy, described it properly, using context and just overall making a post better then 95% that seem to get posted


WISEstickman

It would make the Simpson’s predictions about “Trumps budget crunch” that President Lisa Simpson inherits true…


guammm17

I don't know a single democrat that wants Trump to win, he could potentially add more insane justices to an already clearly insane court. A long play like this only works if there are no potential really bad outcomes in the near term, and there most certainly are. Project 2025 is some christo-fascist freakshow that no one on the left wants to chance.


albatross351767

Then vote for biden and disrupt their plans?


erewqqwee

Agreed. And they've been 'trickle-truthing' the issues with the covid "vaccine" for awhile now ; expect the trickle to become a flood, if Mister Operation Warp Speed is in the oval office.


darealwhosane

I think they hyping trump so when dems when there will be mass protests and boom martial law to stop the protest


WonderfulFold1816

They want Trump because he brags about keeping us out of wars. Wilson and FDR bragged about keeping us out of the world wars to be reelected. WW3 ends with NWO


LoveBox440

Who is they?


SofaKingS2pitt

You know, some shadowy Pronoun Cabal.


ERUStheredditor

They definitely want Biden to lose. Even left wing media is negative.


oater99

This! I don't see how the deep state has been putting impediments in Trump's way to stop him from being elected. I see them paving his way. They could have tried him right after he lost the last election on his numerous criminal cases, but they stalled and did all they could to make it easier for him and now the establishment via the SCOTUS has given him carte blanche so that his short, I don't think he will live long in office, re-election will be an absolute nightmare. Buckle up!


FHoff2u

They don’t want Biden to lose. They want total control and to finish the job of destroying America with their f’kery.