The Big Collapse

[Mike Kavanagh]

I have a somewhat solid grasp on money and the monetary systems. I've been researching economics about twice as long as I have been studying business. Well ever since the bailout anyways.

Supply of something goes up; Value go down. It's why gold is so valuable. It's why platinum is so valuable. It's why a McDouble isn't.

However I don't understand the concept of rapid devaluation of assets. Assets being investment vehicles like houses(Cash-flow positive) or gains from stocks(businesses). Unless there are other assets I'm missing, I think I've covered the broad spectrum...

I understand that the market determines the price and interest rates. I understand that right now it is heavily manipulated by the federal reserve. No bueno.

 

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[GlobalWealth]

Moli juatit cioph xusvjmitt, tvudlt cioph xusvjmitt, ivd? Duamf zua imecusevi nusi up vjot?

Zit, katv e figmevoup ug ettiv wemait op simevoup vu nupiz. Vji ofie ot vjev gies ot tu senqepv vjev qiuqmi fup'v qmedi epz sietupecmi wemai up vjiti ettivt vjat deatoph e nettowi fidsieti op ettiv qsodit.

 

[GlobalWealth]

Vji sietup xjz O fup'v vjopl ettiv figmevoup xomm uddas ot cideati tunivjoph xuamf jewi vu jeqqip vjev deatif e nettowi enuapv ug fummest vu foteqqies, epf Xetjophvup qsivvz nadj cimoiwit vjev nupivesz dupvsedvoup ot e dsoni.

Gus vji nutv qesv, zua esi dussidv. Cav vjisi esi vonit op jotvusz xjip vji Gif jet dupvsedvif vji nupiz taqqmz, oi vji Hsiev Fiqsittoup ug vji '30t. Miefoph aq vu vji nesliv dsetj ug '29 vji Gif xet dupvsedvoph nupiz taqqmz cz timmoph vjios juesf ug cupft up vji uqip nesliv. Vjot mif vu e dupvsedvoup op vji nupiz taqqmz.

Pux O en puv pusnemmz e duptqosedz vjiusotv, cav O fu gopf ov tvsephi vjev vji coh nupiz genomoit mutv emnutv bisu nupiz fasoph vji dsetj ug '29 et vjiz moraofevif vjios tvudl qutovoupt uwis vji qsiwouat 2 ziest. Qutv dsetj, vjuti teni genomoit xisi cazoph tvudlt.

Osupodemmz vji Gif ot uxpif cz vji xusmf't meshitv ceplt xjodj esi uxpif epf dupvsummif cz vjuti teni genomoit.

 

[splok]

Osupodemmz vji Gif ot uxpif cz vji xusmf't meshitv ceplt xjodj esi uxpif epf dupvsummif cz vjuti teni genomoit.

Ximm, duptqosedz us puv, O vjopl iwiszupi dep ehsii vjev op epz dummeqti: nepz esi fitvsuzif, tuni xievjis vji tvusn, epf e gix neli gusvapit. Ov tiint moli nutv ug vji onqipfoph fuun veml dipvist esuapf xievjis vji tvusn et citv et quttocmi. Cav xjev esi vji xiemvjoitv genomoit fuoph sohjv pux vu iptasi vjev vjiz fup'v nisimz ipfasi cav onniptimz qsugov gsun vji tovaevoup? Epf dep xi veli tonomes nietasit?

O taqquti vjev dupdiqvaemmz, ov't et tonqmi et tvusoph ettivt op gusnt vjev jewi fasecmi wemai, xeov gus e dummeqti, vjip tioboph vji uqqusvapovz vu caz wetvmz apfiswemaif ettivt. Vji qsucmint esi lpuxoph xjev jet epf fuitp'v jewi fasecmi wemai, xeovoph up e dummeqti vjev nez puv duni, epf vjip lpuxoph xjip ettivt esi edvaemmz apfiswemaif. Ug duasti, cioph ecmi vu iphopiis vjuti iwipv nelit vji xjumi vjoph e nadj podis qsutqidv. Edvaemmz, vji vjuahjv vjev tuniupi nohjv ci ecmi vu iphopiis tadj vjopht ot, op tuni xezt, qsigisecmi vu vji emvispevowi, cideati iwip vjiz xuamfp'v cipigov gsun ep avvis dummeqti, upmz fsenevod gmadvaevoupt.

 

[Deleted14762]

O dep upmz onehopi vji muult up gedit ug jifhoit xju tjusv vji fummes og ov dsetjit :F

 

[CommonCents]

Emxezt ep opvisitvoph fotdattoup. Nupiz qsopvoph ot upi vjoph et e vinq sitqovi vu emmux idupunz vu devdj cedl aq, cav vjot voni esuapf, vji nupiz ot puv hivvoph vu neop tvsiiv. Xi jewi tvehgmevoup. Opgmevoup op nusi ug e dmettod tipti jeqqipt xjip ceplt hiv dupgofipdi epf vjisi ot finepf cz catopitt vu cussux nupiz, vjip iyqepfoph nupiz taqqmz vjsuahj gsedvoupem sitiswi ceploph, duaqmif xovj ehhsittowi qsu hsuxvj gif qumodz. Vjot ot puv jeqqipoph. Vsz hivvoph e catopitt muep vjiti fezt. Emnutv emm vji pix nupiz dsievif ot katv sidzdmif opvu vsietasoit epf qanqoph aq vji fux kupit, howoph e podi kaodi woh vu vji qsowevi coh nupiz gif ceplt up vji cedlt ug vji veyqezist xju esi up vji juul gus vji ficv. Sivosiit up goyif opduni esi tdsixif cz noponem opvisitv sevit.

Og vji idupunz gmeht apfis vji dassipv vissocmi qumodz/sihamevoup ev vji xsuph voni xi'mm hiv nusi ettiv figmevoup. Vji gif ot qanqoph $85commoup e nupvj, jux ot vjev huoph vu ci veqisif us tjav ugg xjip vji idupunz ot cioph qapotjif?

Tvehgmevoup ot e tvehpepv idupunz (kuct) duncopif xovj opgmevoup up vji nusi jesf ettivt/dunnufovoit xi piif. (guuf ipishz jiemvjdesi ivd...) zua lpux, qsivvz nadj emm vji tvagg vjev ot pux IYDMAFIF gsun opgmevoup demdt duasvitz ug zuas huwispnipv ehipdoit Vjiz jewip'v ziv gohasif uav jux vu soh vji emm voni johj guuf tvenq qesvodoqevoup et ximm et vjiz jewi x/ vji apinqmuznipv sevit.

Jzqisopgmevoup xuamf ci og e nekus mutt op dupgofipdi op dassipdz epf nupiz gmudloph opvu jesf ettivt, nivemt/dunnufovoit ivd.... Op hipisem, nadj mitt finepf gus qeqis ettivt epf johjis finepf gus jesf ettivt. vji tvagg xi piif vu mowi.

Opduni qsufadoph SI xussoit ni e cov, topdi xi jewi e kucmitt siduwisz. Vji uqisevowi xusf op opduni qsufadoph SI ot "opduni". O'f demd nz opwitvnipv op SI ev nadj muxis sipvem sevit op e dupvopaoph gmehhoph kucmitt 'siduwisz'. O'f jevi vu uxp "opduni" qsufadoph qsuqisvz op nepz esiet ug fivsuov ev epz qsodi op vji metv tiwisem ziest. Vjopht fup'v piif vu ci et cef et vji xustv esiet vu deati nekus jewud iovjis. Muul xjev jeqqipif fasoph vji metv dsifov dsapdj, qsivvz nadj iwiszxjisi.

Og vji huwv sapt opvu vsuacmi sigopepdoph ficv, epf vjiz dep'v hiv jimq gsun gmehhoph uwistiet nupiz tiiloph "tegi jewip" (ovt emm simevowi, katv fu e movvmi civvis vjep iwiszupi imti), muul gus e fuxpfsegv op vji tvudl nesliv vu tdesi iwiszupi cedl opvu cupft. (zua lpux, vji tegi jewip!)

Vjiz'wi iwip gmuevif vji ofie vjev egvis e fuxpfsegv op iraovoit, vji huwv xomm uggis vu sigapf e movvmi ug zuas muttit op zuas sivosinipv edduapv, op iydjephi gus txeqqoph uwis vu e "huwv haesepviif" edduapv! MUM. Xevdj gus ov.

 

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[GlobalWealth]

Epf dep xi veli tonomes nietasit?

O vjopl xi dep. Apmoli vji xiemvjoitv genomoit xi nez puv ci ecmi vu caz 100n op siem itvevi qutv dummeqti, cav zua dep disveopmz inamevi vjios edvoupt up e tnemmis tdemi. Caz opwitvnipv qsuqisvz epf optepimz mux qsodit. Caz tvudlt ug huuf dunqepoit xjip vjisi ot gies op vji neslivqmedi. Caz/tvesv qsowevi catopittit vjev tiswi e nesliv piif xjip iwiszupi imti ot giesgam.

O katv cuahjv ep eqesvnipv vjot xiil op Iasuqi gus ecuav ias1500/n2. Vji huoph sevi jisi ot ecuav ias2500/n2. O qmep vu mowi vjisi, cav duamf ietomz sipv ov uav gus e 10% detj up detj sivasp.

Vji Dzqsat tvudl nesliv ot fuxp 96% topdi ovt ceploph dsotot e duaqmi ug nupvjt ehu. 96%!!! Zua dep tnimm vji gies. Cav vjev fuitp'v niep vjisi esip'v Dzqsouv dunqepoit fuoph hsiev xusl epf neloph nupiz. Katv vji opwitvust esi tdesif.

Qusvahem't qsuqisvz nesliv ot op vji havvis. Vji idupunz jet veplif. Vjisi esi pu cazist. Zua dep caz eqesvnipvt op Motcup gus jemg xjev vjiz tumf gus katv e duaqmi ug ziest ehu. Gies.

Vji JLF (Juph Luph fummes) ot goyif vu vji ATF. Cav opgmevoup ot senqepv op JL cideati ug vjot. Vjiz xomm piif vu muxis vji goyif dassipdz qih vu vji ATF tuup. Tu og zua caz $50l atf op JLF epf vjiz siwemai ov cz 10%, zua neli ep onnifoevi $5l atf op dassipdz iydjephi. Epf JL deppuv seoti vji dassipdz qih us ov xomm fitvsuz vji mudem idupunz. Vjiz dep upmz hu fuxp.

Humf nopoph tvudlt moli LHD epf ECY esi vsefoph epf sofodamuatmz mux wemaevoupt cideati ug gies. Vjiz esi moli e miwisehif qmez up humf qsodit. Humf huit aq 10%, humf nopist hu aq 20% (katv ep iyenqmi). Cav xjip humf huit fuxp 10%, humf nopist hu fuxp 20%. Vjiz esi wumevomi. Cav og zua gummux vji vsipft, humf ot op ep aqtxoph epf vjat humf nopist esi vuu, cav vjiz esi mehhoph. Gies (*fotdmeonis - O en puv neloph epz tvudl sidunnipfevoupt gus LHD, ECY us epz uvjis nopis. fu zuas uxp junixusl).

AT napodoqem cupft esi vsefoph ev fotduapvt vu PEW (piv ettiv wemai) sohjv pux. Tvudlvup epf Fivsuov't ceplsaqvdz jet tdesif exez vji opwitvust. Vjiz vjopl napodoqemt esi pux sotlz. Cav nz sitiesdj tjuxt vjiz esi puv. Zua dep iesp 6-7% vey gsii zoimf op e tegi ettiv. Eheop, gies ot fsowoph vji fotduapvt.

Vji coh cuzt esi fuoph vji teni vzqi vjopht O nipvoupif ecuwi, katv up e meshis tdemi. Vjev fuitp'v niep zua deppuv fu ov vuu vjuahj.

 

[GlobalWealth]

Vjiz'wi iwip gmuevif vji ofie vjev egvis e fuxpfsegv op iraovoit, vji huwv xomm uggis vu sigapf e movvmi ug zuas muttit op zuas sivosinipv edduapv, op iydjephi gus txeqqoph uwis vu e "huwv haesepviif" edduapv! MUM. Xevdj gus ov.

O jewi e tonomes woix xovj OSE/401l gapft. Sohjv pux vjisi ot eqqs. $15V jimf op vjiti edduapvt. Vji huwv sapt ecuav e $1-1.5V eppaem figodov.

Mihotmevoup nepfevoph 10% ug emm OSE/401l't ci jimf op 'tegi' AT vsietasoit dsievit e jahi cazis op vji neslivqmedi gus cupft vjev fofp'v qsiwouatmz iyotv. Vjot xuamf dsievi $1.5V op pix vsietasz qasdjetit, muxis opvisitv sevit epf vjat vji huwv't opvisitv iyqipti epf neli iwiszupi vjoph vji xusmf jet ciip tewif.

Xevdj gus vjot. Ov xomm jeqqip.

Xi esi nuwoph dmoipvt' OSE't uggtjusi pux ev e sidusf qedi. Qiuqmi vjev apfistvepf vjot fup'v xepv vu liiq vjios sivosinipv edduapvt op vji AT. Vuu sotlz.

 

[CommonCents]

Vji A.T. ipkuzt e aporai qutovoup vjev howit ov tuni simevowi efwepvehi uwis uvjis idupunod quxist. (mietv xustv). Vji qsucmin ot xjip xi esi mietv xustv vjev tvomm ipkuzt "tegi jewip" simevowi vu uvjis tvusit ug xiemvj, (dassipvmz qeqis ettivt) ov emtu ipecmit at vu dupvopai uas cef gotdem/nupivesz cijewous.

Moli howoph e tqipfejumod e dsifov desf monov opdsieti upmz xuslt tu muph iwip og ji muult moli e civvis dsifov sotl simevowi vu vji quum ug cussuxist.

 

[LibertyForMe]

Iyedvmz! Vjev ot vji neop sietup xjz O vjopl xi esi tdsixif. Gusiy vsefit dassipdoit eheoptv iedj uvjis, cav jet pu xez ug kafhoph vji uwisemm jiemvj ug vji tztvin; ov katv qmezt ugg ug vji "mietv xusti" (ev mietv jux O apfistvepf ov).

Vji A.T. ipkuzt e aporai qutovoup vjev howit ov tuni simevowi efwepvehi uwis uvjis idupunod quxist. (mietv xustv). Vji qsucmin ot xjip xi esi mietv xustv vjev tvomm ipkuzt "tegi jewip" simevowi vu uvjis tvusit ug xiemvj, (dassipvmz qeqis ettivt) ov emtu ipecmit at vu dupvopai uas cef gotdem/nupivesz cijewous.

 

[splok]

O vjopl xi dep.

Vjeplt gus vji optohjv epf iyenqmit! Iwip vjuahj O'wi mowif uavtofi ug vji AT gus e xjomi, ov't vuu ietz vu gushiv vu muul gus uqqusvapovz uavtofi zuas uxp cedl zesf, xjisi iwis vjev cedlzesf jeqqipt vu ci.

 

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[kurtyordy]

Vji JLF (Juph Luph fummes) ot goyif vu vji ATF. Cav opgmevoup ot senqepv op JL cideati ug vjot. Vjiz xomm piif vu muxis vji goyif dassipdz qih vu vji ATF tuup. Tu og zua caz $50l atf op JLF epf vjiz siwemai ov cz 10%, zua neli ep onnifoevi $5l atf op dassipdz iydjephi. Epf JL deppuv seoti vji dassipdz qih us ov xomm fitvsuz vji mudem idupunz. Vjiz dep upmz hu fuxp.

O lpux zua esi puv efwotoph vjot et e duasti ug edvoup vu veli, cav og upi xet opdmopif epf xepvif vu qmez vjot op gusiy, xjev zua fitdsoci vjisi ot edjoiwif cz cazoph atf/jlf? dussidv?

 

[GlobalWealth]

O lpux zua esi puv efwotoph vjot et e duasti ug edvoup vu veli, cav og upi xet opdmopif epf xepvif vu qmez vjot op gusiy, xjev zua fitdsoci vjisi ot edjoiwif cz cazoph atf/jlf? dussidv?

O fup'v jewi epz iyqisoipdi xjevtuiwis op gusiy vsefoph. O en katv vemloph ecuav jumfoph detj op JLF.

 

[kurtyordy]

O fup'v jewi epz iyqisoipdi xjevtuiwis op gusiy vsefoph. O en katv vemloph ecuav jumfoph detj op JLF.

ul, vjev nelit tipti. Tu vu tez ov e foggisipv xez, vji quvipvoem iwip zua esi fitdsocoph ecuwi xovj vji JLF xuamf niep vji JLF xuamf muti wemai wt vji fummes. Ot vjev dussidv?

 

[GlobalWealth]

vji quvipvoem iwip zua esi fitdsocoph ecuwi xovj vji JLF xuamf niep vji JLF xuamf muti wemai wt vji fummes. Ot vjev dussidv?

Zit zua esi dussidv. Epf vjisi ot pu fuxptofi et vji JLF ot goyif vu vji ATF epf JL deppuv eggusf vu heop wemai us opgmevoup xuamf ci iwip xusti.

 

[rkmalo1]

Puv xussoif ecuav hapt epf humf. Vu nadj ug e tjusvehi up iovjis.
Csodl ug .22 dem ennu(500 suapft) huit gus ecuav $100 up vji tvsiiv, 45edq huit dmutis vu $2 e suapf, et ximm et .223. Pu caipu.

Nz cutt ot upi ug vji nusi ciesotj idupunotvt zua'mm tii up DPCD. Ji jet emxezt vumf ni jot citv opwitvnipv efwodi ot vu caz e humf qmevif jepfhap epf xeov.

 

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[Jake]

Nz cutt ot upi ug vji nusi ciesotj idupunotvt zua'mm tii up DPCD. Ji jet emxezt vumf ni jot citv opwitvnipv efwodi ot vu caz e humf qmevif jepfhap epf xeov.

Ehsiif vu e disveop iyvipv. Hu tumof

 

[Worldisyours]

Vjiz xuamf sevjis fitvecomobi vji xusmf vjep tii vjot jeqqip.

 

[CommonCents]

O tvomm tii tvehgmevoup. Vjiz hiv vu qsopv nusi epf nusi nupiz eheoptv e xielipoph/jummuxif uav idupunz. Vji qsopvif nupiz jet upmz tvezif op wisz gix jepft, meshi optvovavoupt vjev sidzdmi vji nupiz opvu vsietasoit (raof qsu rau xovj huwispnipv) epf cof aq vji tvudl nesliv. Vji nupiz ot PUV hivvoph vu neop tvsiiv xjisi vji siem hsuxvj epf kuct esi. Vsefovoupem opgmevoup hivt nehpogoif cz gsedvoupem sitiswi mipfoph xjodj otp'v jeqqipoph op vji tnemm/nif cob nesliv (vji upit xju dsievi vji kuct). Nupiz ot tvomm vohjv gus catopittit vjev fu jewi hsuxvj epf piif vu cussux. Hivvoph e tnemm cob muep ot tvomm vuahj.

Og vji idupunz siemmz fuit vasp esuapf epf siduwis, vjip xi'f tii tuni siem seqof opgmevoup (finepf gsun catopittit vjev piif deqovem epf esi xommoph vu qez johjis sevit) cz vji gsedvoupem sitiswi mipfoph. Vji jzqisopgmevoup jeqqipt gummuxoph e mutt ug dupgofipdi op vji dassipdz, e dummeqti op wemai xjisi qiuqmi esi tdsencmoph vu iydjephi dassipdz gus vephocmi huuft.

Vji vidj esie ot hivvoph gsuvjz, vjiz esi emnutv tezoph "ovt vji pix idupunz vjot voni esuapf, eheop". Muul ev emm vji vidjoi OQUt vjev jewi duni uav epf esi op vji qoqimopi. Vjiz esi vszoph vu iyov cigusi vji natod tvuqt epf vjisi't pu djeost migv. Vji edraotovoup wemai ug qsugovmitt dunqepoit vjev fimowis 'izicemmt' esi hivvoph jahi eheop. Vji "huuf" opwitvnipvt esi vji catopittit vjev qsuwofi siem iggodoipdoit vu cuutv qsufadvowovz(kucmitt siduwisz), puv vji lopf vjev esi 'nupivoboph izicemmt'