Better not put that sponsor money in a savings account...

@@brislyboar ^

@B R I S L Y you paying his internet bill?

@@dracker8015 yes, I have KZfaq premium

I wonder how they approached him for the sponsorship. "We like ur videos on the rise and fall of civilisations. Could you advertise our vpn?" More please. 😁🧑‍🏫🙏😷🤌👏

Same can’t wait

Thats going to make my entrance into the workforce right after covid look like a kiddie ride.

I’m sure I’m gonna have a grand old time going through this as I enter med school.

become self seficiant get what money you can and start a farm separate yourself as much as you can from the crumbling system and you can survive its fallout i can place people in 3 categorizes those detached from thus are only somewhat unaffected by the fall those depended on it and are dragged down with it those that lead us here in the first place that will go on about how much we must sacrifice to make things better look at how many rich men and politicians had vacation while we where in quarantine and how it is our fault the world is warming while their corporate CEO Friends get off Scot free or with a slap on the wrist for their massive role in it.

that happened to me in 2008 ! ah great times . . . . : (

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.

I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

And earlier this year so many Super Bowl ads were about investing and/or crypto. 🤔

I was selling home equity loans with ARM’s to people who could just write down their fake job and income for $300k+ homes back in 2004 and I knew there’d be money to make, I just didn’t know HOW and WHEN it would implode but I knew it would implode. They buyers were VERY complicit, not innocent.

Oi

@@splashnskillz37 eae

Same in india 🥲

Me a first world European wanting to move to Brazil because I’m fed up of Europe…

''poor regions will suffer'' -how original ''but this time rich ppl might experience some mild discomfort'' -daring today aren't we?

Knowing how society is today it’ll probably end up being “the big not good” or something like that

@@Volition1001 no the big realization What was the worst serious nickname for covid you heard in person? It will be something like that where there mature people set the name and then imature people online make there own small variation off it

The greatest depression

The Greater Depression

The Big Sad

Memes are kil

We can own the libs for believing the government all the way down to hell.

The memes saved my life

Don’t let your memes be dreams

They had memes in the '30s, too. We just don't pay much attention to them anymore, since some of them did not age well at all.

I'm tempted to end the 69 likes...

@@St.Raptor : )

@@St.Raptor oh I did I'm sorry, you can like now Kappa

Another great depression. So that would be the greater depression

Seinfeld bass riff or the outro for curb your enthusiasm are my choices for music to go with it

Father! The sleeper has awakened!

@@dean_l33 AKA "the even bigger sad"

@Bekhzod Musaev JA MEINE FREUNDE. DAS ALIEN VEPONS GO BZZZ

Haha :((

Good I hate the modern world

... Please like and subscribe.. with conflicting emotions.

Unironically, yes.

@@bornstar481 return to monke meme wasnt a satire but more of an advice

Joe Biden did that. He failed to recover the economy of 2019 and instead just printed too much money which causes home and rent prices to spike along with the shipping problems he failed to resolve which caused an 8%+ spike in consumer goods prices

I brought this exact point up to my finance professors in November ‘21. Most of them really didn’t get it.

I wouldnt call "The system" broken. I would rather call it working as intended even though im among those loosing out. Its a lottery. Be in the right place at the right time with the right idea and the right friends. The more of us are calling "The system" broken, the closer we are to WW3.

you’re not funny

@@beefeater000 love you too

@@beefeater000 they weren’t trying to be funny it was just an idea they had

I’d say the second Great Depression or the Great world wide financial crisis

Probably not tbh, World War II only happened around 25 years after the first one while this second Depression will have happened nearly a century later

LOL I feel like thats something this video totally ignored.

Since I was like 9 in 2009, I’ve literally been hearing every single year, the world economy is gonna collapsed and it has yet to happen.

@@jasonapplebaum9871 didnt it collapse right in 2009? Lol

agree

I agree, I hear the same gloomy predictions every year since before the turn of the century. However, my caveat to that is that the way the government is propping up the economy through asset purchases and money printing is truly unprecedented. There is definitely cause to be protective and staying agile.

The problem nowadays is that you can outsource anything! Before the 1970s, most of the things you bought were made in factories in your country. Now, that stuff can be made much more cheaply in places like Indonesia. Even a service job, through the Internet, can be done by somebody in India.

@@nathanseper8738 That's one of the reasons why places like Detroit saw an extreme increase in crime

And everyone wants to bring the entire world into our countries so that even our local Joe jobs have the be completed with the world for.

There was a saying in colonial Virginia, "No man's life or property is safe while the House of Burgesses is in session. "

@@nathanseper8738 Isolationism is good

Stop the ride, I want off!

Install certain people and predicting this is blasting with dynamite in fish barrell. 100% chance of a fish catch.

@@damnedlegionaire sorry bro no exits but there's a way that we can take back the old world and what we had and have so much more the wheels of History move for blood and blood alone so let's start writing and the chaos begins in the streets let us kill kill and kill and kill until there is order when we find the corrupt we will kill them when we find the ones who did this we will kill them I want any fool stand in our way for a world that could have even more than what we had we will kill them store not to order but a Utopia

Aren't we still in a similar position to when this video was made? We're on a downturn, yes, but I fail to see the drastic predicted crash yet.

@@TheOneGuy1111 Worldwide inflation. Looming food crisis in africa and middle east. Gas prices all time high. Global currencies are in decline while all institutions are predicting recession within one year. Let's not forget the war. Supply chain are disrupted across the globe. There is fertiliser shortage. Well only thing i can think to make situation worse is severe climate condition leading to draught and floods and we are set for once in a lifetime ride to depression. But yes only thing that can collapse modern economy is ww3 which is nigh impossible.

Someone forgive us all...

if youtube is even still up

Take care, brother

You'll probably be in a bunker or a derelict building with a bit of electricity and a makeshift router.

See ya soon! :)

Pretty epic Fred Flintstone quote not gonna lie.

This is one of the deepest and truest quotes I've ever herd and it was said by Fred Flintstone. WTF is my life?

it was this quote from Fred Flintstone that changed my life, alongside “yabba-dabba doooo”

is there some meme of fake fred flinstone quotes i don't know about?

Haha, I don't want to ruin this.

and it continues to do so, worryingly enough

@@pugsy7658 They planned for it.

Existential dread has been the air I breathe for several years now.

@Not RickRoll👇 Thankyou.

See you next week!

You've got to love it!

And they wonder why Millennials do drugs.

"SOUNDS LIKE SOMEONE BREAKING IN" Nixon

BO1, a legendary game.

“I banged, er ah, Marilyn Monroe.” - also JFK, probably

@@Mr.Nin10do. "Just a storm, Dick. Sit down". [JFK]

@@r0b_3rt3 But why is he here? HE LOST! [Fidel Castro]

Facts

how? i ate today and the day before, and the day before that, and i'll be eating tomorrow and the day after that.

@@swole5711 you blind or dumb?

“Just because it snows, there is no climate change” - lOgiC

@@swole5711 It's like predicting weather. You can safely predict what the weather will be tomorrow, or maybe even a week from now. But a month from now? A few months? Many months? A year? Your predictive power depreciates the more variability you involve by adding more days within the prediction measure. It's naive to assume that current paradigms or the status quo cannot be changed. You might very well experience the Great Depression of our generation. Only time will tell.

I mean that’s basically returning to 1900, I’m cool with it

What's going to happen is going to happen. No reason to be sad about it it's not going to change anything. Just be aware and prepare as much as you can.

Not just that; he says “If you enjoyed this video” at the beginning of the outro. I don’t “enjoy” these videos, but I’m subbed, all the same.

@@ZibongX2 if you appreciate his video then, Jesus it’s just sign offs

Have a great decade!

Well sertraline is very cheap so I wouldnt worry about it

The big sad

As my APUSH class last year dubbed it "The Big Sad"

Bruh I can barely afford a fucking tooth filling

@@TwitchyTopHat1 don't worry bro "Inflation means higher wages"

We were already heading toward depression/recession pre-pandemic. All it did was hasten the process.

@@Snoop_Dugg facts 🤦🏽‍♂️

May 21, 2022: consumer sentiment at lowest levels ever. Retail spending now will probably fall off a cliff soon

And it just keeps getting better

Yes, I was surprised, too

Based on a true story

Same, People who trust the government I'm convinced just don't know history or don't care

@@firingallcylinders2949 100%. If you trust your government you just don't know enough about them.

@@firingallcylinders2949 in Turkey to us State is sacred because the Turkish translation of State means "Devlet" whic means family,we even have songs that say "state father state father,we need you" but we dont want it to "overprotect"tho thats why state couldnt close whore-houses becase the goverment officals knew if they were to strict us we would revolt,there is even a joke "so a reporter ask prime minister about whore houses,prime minister says "What should we do? If we close Brothels, they'll fuck us ".

Rip

what video was his full name reveal again?

isn't Argentina the EUROPE OF THE AMERICAS

@Noah Pritchett he said it in a livestream last year I think a commenter asked him and he just said it lublicly

@@rpghero46 in terms of living standard it used to

Reminds me of the Lenin quote "There are decades where nothing happens; and there are weeks where decades happen"

Is this is a preluge of revolution that we are going to start ,

19:40 I have a lot of questions with this map. How is laos the second world while India and Saudi Arabia is the third world? This is confusing to me.

@@thefolder3086 Laos has a higher gdp per capita, maybe thats why? Idk.

@@vault-tecrep8565 laos and Cambodia higher than South Africa and uae ? I don’t think it’s that high.

2020's is not that roaring, it's just going down.

there will be a Roar but it will be a Roar of Doom...

@@therearenoshortcuts9868 it will be trumpets not a roar.

The "roaring" time already happened at the beginning of the century

Roaring Yeah we're going to be roaring about how unfair it is we have to deal with this crisis for the 20s And only going to get around to stabilizing stuff by the 30s

Ik right all those idiots making fun of it

I've seen people trying to discredit him as a college dropout, his age, etc. Yet a man with information is a man with information, no matter what background

There’s been a total collapse of the global economic system? I must have missed it. So far we have Reagan era inflation levels, which the fed is fighting by raising interest rates. Likely this will cause a recession, but the fed is trying to move slow enough to have a “soft landing” and avoid an actual recession. None of this is good, and we still don’t know what will happen, but how exactly has a prediction of a depression and total collapse of the global system been vindicated?

Putting another coin into the "Whatifalthist was right" jar here

@@_yak Yes you indeed must be living under a rock

So much good would come from regulating housing market a little bit. Make it impossible for big corporations to buy entire blocks and stuff. Allow people to rent out their besements and extra rooms of course, or if you happen to be 2 homeowners you can rent out your extra home. But any more than that takes a very big toll on the market and unnecessarily prevents the average man from owning. Everyone (as many as possible) should own their home, even if it's just a small apartment.

The same in the east, you have to work 50 years in average for an apartment in Hong Kong

No don’t regulate housing, build so many more houses that it drops in price again. Either way let’s be honest it’s gonna crash in like 6 months with a 40-60% home price drop soon. So don’t worry too much about housing worry about employment

@@LucasFernandez-fk8se You're not going to be able to afford a house if the housing market crashes and the US enters a depression. No bank will let you pull out a mortgage.

@@Val81121 the biggest problem is they are giving out loans to people who cant afford it already which is why the market will crash.

2042 is dumb. There'd be refugee camps everywhere if the world fell into ecological collapse not all this clean futuristic stuff + a little sand. It'd be way more gritty and far less shiny.

@@rogueassassin875 refugee camps for which countries?

@@Average_Canadian like just talking about the 2042 lore. There'd be slums and ghettos everywhere due to people being made refugees due to the survivable areas decreasing. It's just weird to me that they'd make the setting of rapid climate change, but only halfway portray it. The desert map for sure would be scattered with refugee camps or deserted as people flee to less extreme climates. The massive migrations alone would cause upsets in power, changes in regimes, and potential for conflict and war would increase well on it's own as nations either crumble or grow exponentially stronger, and the remaining stable world powers imperialize and start proxy conflicts in the theaters of strife

@@rogueassassin875 2042 IS gritty but the rich countries of the world have money to maintain luxuries. And that’s how it is in real life. The poor suffer and the privileged thrive

@@rogueassassin875 ace combat 4

I mean bold, hyperbolic statements are the lifeblood of this channel State forces encroaching on crypto and a large scale conflict are somewhat inevitable. Government election cycles mean no national power has any motivation to stop playing the short term game.

Yeah, he is up against Modern Monetary Theory.

This subject is common knowledge and has been for decades. It was clear by 1992. I wrote about it extensively beginning in 2004. The problem is that it's impossible to tell the public anything depressing about the future unless they can find discounts (opportunity) in it - and no institution has an interest (gain) from forcing costs of adaptation on the public when they can't 'feel' the causality. So this is why people, marriages, businesses, industries, economics, countries, empires and civilization fail: everyone prefers managed decline over the costs of adaptation that would cause nearly all members to alter their status hierarchies - which is the human system of internal measurement.

Just leaving a comment in case someone replies in the next years

I'm going to set an alarm for 3 years from now

That Pepe’s eyes are so disturbingly large

Trust me,you haven't seen large pepe eyes

@@T2G-DJT that's cocaine

@@matheussanthiago9685 I like cocain

Or They reform in a populist manner and refuse "both sides". Or everything collapses and no one wins.

Well, PEPCON was an actual rocket fuel factory (technically, the oxidizer, but it makes fire go crazy, so close enough) they stored massive stockpiles of their product all over the plant, in open barrels (collecting dust) after the Challenger explosion and NASA (their only customer) shut down all flights for months. A mountain of highly volatile chemicals left sitting around. Unsurprisingly, it all went off when some moron decided it was a good idea to do some welding on one of the metal walls and some stray sparks caught fire in the open barrels. The fire spread and even detonated the natural gas line running under the plant, making a visible sonic boom and knocked out windows al over the Las Vegas valley. No matter how blatantly obvious it is that you shouldn't light a match in a room that's literally a powder keg and everyone there knows it, some moron will always light the match. You simply can not underestimate the potential depths of human stupidity. Every time a new low is found, some one else makes a deeper hole of stupid.

Lets say this September/Oktober

Yeah, its pretty much impossible to know when the next crash is going to happen, it could be in the next few months or next decade

The roof is on fire

@@tim333y7 I think 2025 at the longest and 2022 at the shortest. Its too late the government did its damage and the crash is incoming all we dont know is when

He said it so many times. History. It repeats itself.

@@theuglyhairmonster2 “It’s like poetry. It rhymes.”

@@theuglyhairmonster2 we learn from history that we do not learn from history

As a fellow bulgarian I can back this statement up

Bulgarian lives matter!

As a Belgian I do not feel undercut

But who are the Bulgarians undercut by?! Afghans, Syrians, Lebanese?

@@Titus7of9 In a lot of industries you have been undercut by, German/Japanese/American made Computer Numerical Control machines... Numbers from the USA say that about 80% of our lost manufacturing jobs were replaced by automation, and if anything the EU would have had a more extreme effect.

Throw in a once in a Gen pandemic, and with that once in a lifetime economic layoffs and evictions, and we’re looking at 3 once in a lifetime economic events and i won’t even be 40 yet

@@kyleerrington8004 I won’t even be thirty

@@Jane_8319 I won’t even be 20😥

@@KingLouie2234 I wont even be 10 😥

We also have climate chaos, famine and mass migrations to looks forward to. People don't seem to realize how serious this situation is. It should definitely factor into any life plans you might have, at least realize that everything might go sideways

I mean you hardley need to act like its some kind of secret you're introducing him to since he'd already said plainly that he was already aware of that.

Eh bullshit, most people go the opposite way

I don’t care what it is. Mask mandates, school, healthcare, anything. I want less government involvement in it. Especially the federal. Reduce the fed by 95% (keep infrastructure and the military).

@@thess6327 Buddy read about history before ww2.

@@fullmetaltheorist yeah buddy, i have maybe more then you

There was some wrong stuff in there...like some funny stuff, how he was talking about CPI inflation and there was a deflation graph in modern economies showing in the video. And like...he didn't differentiate between corporate or private debt and govt debt. Like majority of debt, esp in china is private debt. Given how china doesn't show data of it's actual govt debt but ok

@@harshjain3122 I m new to this , how does mentioning that change things??

What debt? we just keep printing more money like the debt and inflation don't exist at all.

I feel like we are in an age where there's more debt than money

@@harshjain3122 does it even matter anymore? The whole economic system is bonkers.

The only thing that would go downhill is my weight 😂

@@iranianintelligenceagency9337 Lmaooo

For me it was when Arby's stopped doing their 5 Arby melts for $5

Wrigley field will be bought off by the Chineese. :(

@@chainmail5886 doubt it, but it’s not impossible

@@alcostello6114 I just hope we can preserve it for future generations. Comiskey Park has already been lost.

@@chainmail5886 I agree. After they tore down Comiskey it definitely destroyed a lot of the Sox’ connection to the city.

Big Sad Large Misery Oversized Unhappy Giant Dread

We had the dotcom bust and the 08 crisis, unless you were born in 2012 I would say our adult lives (I'm 25) have been nothing but crises.

On the plus side: make a diary of your journey throughout this crisis and make a lot of money if you survive on the other side.

^ true. Looking at old news clips of the ‘08 crash and seeing all these stocks at bargain basement prices - man, what a missed opportunity. Then again I was unemployed for over a year as were many of my friends at the time thanks to the crash… can’t buy stonks if you’re poor. If anyone’s fortunate enough to weather the storm, this is when you seize opportunities.

@@Pvemaster2 I was born in 2002, so many crisis and Im still not giving up

@@flavoursofsound Exactly why JPMorgan are stockpiling 500B in cash...

World is already disgusted by them , maybe we are going to get something hybrid of many super companies controlling everything and ppl get to elect between companies and their CEO s , so it's like super capitalism mixed with super socialism

It absolutely is. 😇

@@VivekKumar-rb7zk No, I'd just say super anarcho-capitalism. So basically just modern fascist Dictatorships with the sole goal of profit. The idea that the super rich would want to risk their power on the will of the people is not realistic.

Yes

@@VivekKumar-rb7zk doesen't matter, greece elected fascists into their parliament after their economy collapsed. All you need is desperation and people will turn to the extreme

In russia oil is cheap, but computers now cost almost double.

Benito's Grandson: count me in!

I’m next to Pearl Harbor “sweats intensifies”

I hope

this is not even funny, just terrifying, i just hope that people have learned from the 20th century...

Hahaha...what a funny joke...your joking right ?

Ahhh, nostalgia

Its all coming together

Hoi4 but it's irl

2008 2

Next MW game is set to release in 2022 so lets see.

Yeah because thank joe

Because Joe determined wages prior to 2020?...okay then.

Sane. Im a welder, and havent made 20$ an hour since I started in this career (a decade ago). My wages are still in entry level valuation. :/

Ya, I’m thinking whatifist is going down a rabbit hole in his life right now.

And I'm living for it.

he needs to go back to making more althist videos

Whatifaltfuture

@@Kolateak_ WhatifTHEfuture

I know a girl who dropped out of art school... Maybe I should become better friends with her hehe

I got rejected by Austrian school :/

@@theeternalalbo5318 yooooooo

Global pandemic ✅

Oh boy, here I go applying to art school again

"I fear the foreign killers will kill more of us than the domestic ones"

@@nelson6702 I don't like you, and you control me, but at least our neighbor hasn't killed bolth of us... in very creative ways. The historical way of ruling mentality

That was the most profound thing Whatifalthist has ever said on this channel.

I can't stand people who look at history and current social problems and say "this looks like a job for Government!" It's the epitome of "I have no idea what I'm talking about"

Probably the greatest statement Whatifalthist has said

Automation isn't going to take over all of our jobs anytime soon. Not enough engineers, technicians, and production capacity. Also, we are getting a "Great Retirement" of well trained, experienced technical staff that are not being replaced by extremely short sighted companies. My prediction is that Automation will experience a shitstorm.

Automation has been doing that since the 1600s when looms killed the concept of "winter work" in rural communities. It used to be that they spent the winter sewing or making small crafts to sell in the spring to compliment selling produce in the fall. But the invention of "looms" and "spinning wheels" allowed specialists in the city to do the work much faster and better for little more than the cost of rent in the city. There's very little new about current automation that we haven't been dealing with for centuries. Tools allow for way more productivity and whomever own the tools captures most of the benefits of that increase in productivity. When people could buy their own sewing machines of the same style as the factories they could and did go into business for themselves and captured most of the products. When it takes several lifetimes of income for the average worker to build a factory that will be obsolete in twenty years workers take whatever they can get. Currently it's cutting both ways, but we do need a concerted effort of getting tools in the hands of the people or we'll start looking increasingly feudal as time goes on.

@@Aesoporific regardless, whatif's statement has just been clarified for you

@Jamie Walkerdine no its not. It's an objectuve event studied by economists

theres been a 300 percent rise in productivity since the 70s. technically we work more while still being paid the same

The video itself aged like fine wine. The economy, not so much

You'll continue the tradition and survive this too, and more people will survive this time

@@splashnskillz37 thanks! Yeah, I think I'll survive, that's our Russian tradition :D

The economic collapses in the 2000s were nothing interesting. Outside of 2007 they were all over in a year and 2007 was done by 2010

@f1resta_r you forgot about the default of 1998 ;)

We all get used to it... and thats when we will knew that we are strong man.

thank you mr. game & watch

Remember that this message doesn't apply if you're not a phoenix.

@@aquilo1714 as a person who turned into ash, i can confirm, there is no going back, they have internet connection here in the ashworld though

@@thesenate8268 Once you go ash, going back is trash.

Nietzsche became ashes, and he did not come back. As in, for the last decade of his life he was incapacitated by illness. People forget that suffering tends to destroy far more people than it transforms. I think only about 5% of our suffering is actually necessary to learn what we need to know. I would know, personally. I have fought like hell and suffered terribly for 25 years with mental illness and addiction, and all it did for 95% of that time was fuck me up and make me isolated, lonely and bitter. And terrified all the time. Only until I found the right, most advanced modern neuroscientific tools did things start to slowly improve. At this rate, in five or so years I might be okay! But if I had found neurofeedback ten years ago, well...I might have had even a snippet of the life I wanted. Or even children! I think I would have wanted kids if I got into a serious relationship when I was younger, but now, at 42, I'm tired. Bone-weary. We have Stockholm Syndrome when it comes to suffering. We have suffered so much as a species and for almost all of history could do nothing, so we invented this philosophy to justify it. Now that things are changing, we are still stuck in 'suffering = transformation' mode. To keep moving forward we have to drop the mostly bullshit approach.

I really really don't believe debt and inflation in any way whatsoever helped medium or long term growth. Think about it : if a government takes on debt, that money comes from somewhere else. The government competes for capital with the free market. The more debt the government takes on the less there is available for the free market to grow with. Inherently governments spend money in extremely inefficient ways, so we achieve a big loss every time. This isn't even a new discovery, its basically accepted fact in economics text books that taxes create a net loss due to inefficient allocation of capital by the government. Plus the more the government taxes or spends with debt (which is just a tax on the future), the more potential for corruption exists and corruption is hurting the economy big time. Furthermore if you inflate currency rapidly like they are doing now, you don't help the economy either, you actually reduce the amount of real money people have in their savings, you effectively steal money from them. You steal from what they had planned to spend that money on. You hurt the future economy and you artificially allocate that money in inefficient ways. The least damaging way to print money would have been to hand all the extra money out equally amongst the population. This is in no way different from actually taking away money from people like me who were frugal and saved up and giving it to those who didn't. It has short term positive effects obviously, since it basically results in my money being spent earlier than I had planned. The long term effects are damaging though because i would have allocated it efficiently by buying useful things whilst now its being spent by the government on for example enabling other people to sit on their asses instead of working or by giving politicians even higher income. All that money theft also results in the smart people allocating their savings in assets like real estate, however this again is hurting the economy. When people allocate capital based on what inflation protection they expect instead of what yields the best expected output per capital, you hurt the markets. again less growth. Growth requires efficienct markets. You can't have efficient markets if you manipulate the capital markets.

Lol getting off the gold standard helped us beat stagflation. I think it would’ve been better for us if we returned to it during the 90s after having budget surpluses. So we can be fiscally responsible

This time it us, feudalists, who will take the world by storm

Back agian

@@RoderickVI eww, no, please disappear and never come back

@@dirgmario begone commie

Okay then @@RoderickVI

The nice thing is that the energy transition will not yield. Less money means less money to use on fossil fuel subsidies. And in the meantime, we have 4-5 years left to get the last of the renewable technologies cheaper than fossil fuels.

Which ones your fave? Mine is the wars of 20s and 30s

he makes point though

Dudes got some weird ideas, but I like to follow him for the possibilities (some more absurd than others)

Facts. People have been saying this since the Great Depression. Change = instability for people like this

This channel hasn’t made any predictions for times that have come and gone yet though. What are you talking about?

@@reecev2087 it has

So it would seem.

That's good advice. Since your in Australia it doesn't really apply to you but ammo is a really good investment in the US. It'll hold it's value against inflation and can sit in a box for decades.

Is crypto viable? I’ve been thinking about putting a chunk of my life savings in it. I know it’s very unstable but after seeing this video I think it’d be better than nothing

@@Asdf-wf6en arse?

@@IC-lz3of cringey brit?

@@Asdf-wf6en yeah, mate

I know that feel. Feels bad, man.

You may have depression but it's not that "Great"

oof

X

X

Great Depression Episode 2: A New NOPE

Eatz Zuh Bugz Depreshzion

I like "The Great Depression: The Return of The Poverty" the most, these are some creative names!

Great Depression 2 Astro Glide in Red

What about the big sad

Same here either I just stop caring or I have a plane on what's coming

Same here although for me it will probably be my 30s. The only problem is I live in a place famously sandwiched between Germany and Russia... hopefully I'll survive the opening fireworks.

@@kamilszadkowski8864 I doubt germany and russia will get into any serious conflict, russia is a dying power and probably will continue to crumble under the weight of its corruption and militarism. If anything I’d probably just assume increasing nationalism when the german investment pulls out.

@@kaihinton6623 Well, it depends. The current Russian doctrine predicts using the Russian Army not against major powers but against their smaller neighbors in short, low-intensity conflicts. So happens that Lukashenko is currently pushing "migrants" across my country's border while new Zapad maneuvers are planned to happen in the near future. So a form of hybrid warfare is already in use against us. So I'm afraid that we will end up with a never-ending border conflict that will only go as hot as to not trigger article 5. I'm not afraid of a full-scale conflict, however, (which may happen if NATO collapses under the weight of future crises but this is unlikely) but I am afraid that my country will either lose most of its sovereignty or sense of identity or both. By this, I mean the ability of independent decision-making and having a voice in matters relevant to our region. Most of it was already taken from us either by the EU or by powerplays of Germany, Russia, and the US. Look at Nord Stream 2 as an example of it. Ukraine and Poland got absolutely fucked by all three. So I'm basically facing two possibilities. I will either live in a country and nation deprived of its own agency and identity through the EU institutions and influence of Germany as well as left-wing/woke ideologies, relegated to be the province of cheap workforce and consumers of lesser quality products in exchange for being quite modern and reasonably wealthy. The alternative is to "de-westernize" and break those ties at a price of a much worse economic situation and even more uncertain situation at the Eastern border. Anyway, the game is rigged.

@@kamilszadkowski8864 my guess is the latter. If events play out as predicted, then economic hardships will cause more advanced nations like germany and western europe to retreat from globalism. I wouldnt lose hope though. Poland today is still leagues ahead of nations like belarus and russia per capita, and even if they are able to strongman their way into some kind of threat to poland then even a limited german presence might just be enough to deter russian encroachment. Russias immediate goals though are more focused around their immediate border regions such as ukraine and the baltics, which they seek to integrate and ‘reunify’ to restore former russian hegemony over eastern europe. This has been russias goal for the past 20 years and they have for the most part been pretty unsuccessful at it. Considering russias declining birthrate though and their inability to advance past a gas export driven economy they will eventually just become a failed state. Perhaps someday in the future though they may be able to reform into a more open nation.

With nukes you don’t want another Great War.

We will have worst. Thats the video message.

@@johnl.7754 I don't think nukes will be casually launched around even if another Great War breaks out. But small nukes against strategic targets might be a thing if it comes to it.

This is pretty cringey imo

I think this quote was from fight club lol

Wow, it's April 2023 and banks are beginning to fail.

Actually, you were cited as undercutting the Poles, who were in turn doing the same to the Belgians.

(I'm belgian) Not that I knew about the Bulgarians tho, I only knew about the poles undercutting us.

@@WannesVn Well poles only undercut because belguims are choosing to pay them less

Nft isn't used by mafia. They're mafia ...not toddlers. They prefer the more conventional methods with creativity rather than nft

The better way to think of NFT is that it allows you to buy a file that can't be copied. Which in the future would allow you to buy a house online, just buy the deed NFT and boom there's a house you now own the deed for online.

@@Myname-cb9ru Being able to sell a deed for crypto-currency outside of the regulatory framework of realtors and banks would largely be considered laundering by the current system, though. Imagine buying a house without a credit check, and no background investigation where they have all of your identifying info! So NFTs are still a way to launder money, regardless of what asset you are talking about.

NFTs are really just another reason why the rich will get richer and the poor will get poorer. NFTs aren't a beginner friendly business model, since you have to invest about 80 dollars (currently, considering the Ethereum gas prices) to launch just one NFT. Celebrities can launch any random NFTs and people will blindly buy them. But if you aren't well known, most likely people won't be interested in your NFTs and you'll end up just losing money.

@@itsvmmc spot on, nfts are just for the rich. at least for now as no random person can really make money with them unless they are extremely lucky

Oh no….PLEASE tell me you aren’t planning on growing a funny mustache!

@@michielayers3692 It's really a unique style considering today's standards. But the art school doesn't seem to like it a lot :(

life's hard sometimes.

and the rich grow richer one day we will right things I know it in my heart one day we will create a fair and just world

I feel you, buddy. I have to get up at 4 in the morning.

How can you be homeless? Just buy a house lol xD

That post took a turn

LMAOOO

Bro I got the same ad before the video started.

@@therockking8509 The algorithm is trying to tell us something...

At least i, not the only one 😂

This stuff sells ads. Don't buy into the stupid fearmongering. Granted a think a crash is coming but honestly this dude is pretty dumb. His reasons for thinking a crash is coming is laughable. Except maybe the property bubble, but that's not likely to be the same as 2008. Capitalism is going to crash because it erodes its own base by reducing wages. Not to mention it's inherit instability as we can see how a distributed economy of self interested short-sighted individuals fails to react to literally anything. Every small disruption is a disaster. So that's climate change, resource depletion, living beyond means based on debt fueling bubbles. Look at the panic now that workers have a tiny amount of bargaining power now.