A Prophecy about the US (and probably world) Economy

[atpollard]

I always wanted to make a prophetic prediction. Now before we go any further, I want to be 100% clear that this IS NOT FROM THE LORD (so save your stones for other false prophets).

I just wanted it placed in writing for the record:

13 December 2021
Prediction: Within 6 months we will be in another economic crisis comparable to that of the early 1970's or the 2008 housing bubble collapse. It will be precipitated by another collapse within the construction sector (like the 2008 recession) but it will be driven by something closer to the "stagflation" of the 1970's (shortages and rising costs).

Now we wait and see if I am right or wrong.
Either way, I am "on the record".

 

[just-want-peace]

I totally agree that SOMETHING will occur that gives the left an excuse to continue their attempt at total usurpation of the FEDERAL government.
And, unfortunately, based many responses on this board, they just may pull it off. I’ve been amazed at the lack of wholesale kick-back, buyer’s remorse, & lack of common sense from the “woke” crowd!!!!
Then again, He is still in charge so there is still HOPE!!

 

[Two Wings]

I agree too.

no rock chunkin. I think it's gonna be FAR worse than your examples.

the increase in prices of various things just screams economic collapse. There hasn't been serious talk of demonetizing until the last two years. (of which I've been aware) ... there's been a lotta WANT TO by other nations, but the dollar hasn't been this weak.

because of cv response, I've been threatened with my job ... and as grateful as I am to have it ... recognizing "what time is it?" I can see this is probably how I get weaned off the things of the world.

Life is changing rapidly for us all. The only difference is in the response to the change. Fight to keep that which we've known ... or be ready for the Holy Spirit to replace our espresso cups He fills ... with some "big gulps" and overflow those.

 

[Bible Thumpin n Gun Totin]

The train is chugging down the tracks and has been since it left the station in 2008. It's going to slam into an unfinished railway bridge sometime in the future and I expect it's going to be far, far worse than the 1930s. Wait until the U.S dollar is no longer the world reserve currency and it swaps to the Chinese Yen. Our purchasing power will be destroyed.

China knows this and when we're at our weakest (we're already very weak) they're going to hammer us with everything they have economically. I don't expect we'll ever have to fight them because we'll be unable to project meaningful power within a decade.

Meanwhile us Scots-Irish will be in the foothills and mountains of Appalachia with copious amounts of firearms, not caring much and living the same way we been living . Of course there's a bunch of tourists and second homers up here now that will need to pull their weight or starve if that crises ever happens...