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This Financial Crisis Will Be 10x Worse Than 2008

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Written by Peak Prosperity

Information, commentary, analysis, and an online community for discussing the convergence of global issues facing the economy, environment, and our energy needs. Site contains a daily blog, forum, Martenson Reports, newsletters, and the Crash Course video series.

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  1. The whole idea of driving up the price of your home it’s not as much for individual feeling of wealth but for increasing your local tax income due to your property value supporting local tax generation

  2. "…whatever scale is necessary." Well, well, well. The BoE blinked first. I wonder how the pound will look after a few monthss of pound printing and BUYING LONG BONDS? And, WHICH CBer will be NEXT to hyperinflate their currency by buying 20's and 30's? Government bonds will be the most contaminated asset in the capital markets. Risk-free? Better off with bitcoin…

  3. £700 extra per month? ~ 1/4 monthly salary. That has a 100% chance of happening 0% of the time, until end of time. Something tells me income disparity is already dipping toes into the systemic poverty pool. Such fantasy number, absolute fantasy. Usual salary increase: 1.3%. Inflation: who cares it's double digits. Is still starting with a 1 or no?

  4. The US Dollar is NOT a fiat currency! The US Dollar is silver coin containing 371.25 grains of pure silver and was abandoned by the US in the 1960's. Since then, the US has been using the fiat Federal Reserve Note, FRN, AS IF it were — or had some connection to — the actual US Dollar, $. To confuse the FRN with the actual US Dollar, $, is to exhibit signs of the "dollar delusion." https://youtu.be/pP8Mz4IDDXk https://youtu.be/CK81ik2NZoc

  5. And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine. -Revelation 6:5-6

  6. Excellent video – informative and accessible for laypersons like myself. I have been waiting for this crisis since I first discovered Dr. Martenson's content in late 2019.

    *Buckles seatbelt*

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