The Coming Crash

[Trenchcoat]

So it looks like there is potentially an economic recession/depression on the way. In the US it might already be there, I regularly see on LinkedIn about people laid off and looking for work with no hope. Initial signs show this seems to be effecting white collar/professional jobs the most.

Two reasons seem to be potentially behind this:

1). People's concern over Trumps tariffs and cutting back to prepare for the worst which then potentially is more likely to bring in the worst.

2). The increasing use of AI in the workplace making some jobs redundant. Again this seems to affect white collar jobs the most. Potentially lucrative jobs in IT all the way down to Data Inputters.

Microsoft has recently laid of many workers to this end:

http://www.techradar.com/pro/programmers-bore-the-brunt-of-microsofts-layoffs-in-its-home-state


It's difficult to say yet if Trumps tariffs tactics will work in favour or against the US economy and elsewhere. Of recent it seems that he is using the threat of tarriffs to bring countries to the negotiating table to strike a deal with the US to give the US more favourable trading terms.

With AI it looks like that could become a really big upset in people's lives. If alternative jobs can't be found for people then many could be left without work and impoverished. People that were doing very well for themselves could suddenly find themselves very poor and their lives wreaked and that's going to be very hard to take.

Potentially more physical jobs where people are needed in person is likely to swing back into favour and some may feel these jobs but even still a large surplus of workers/people in the world may be a problem. For governments around the work cutting down on the global population may become their main concern and probably has been. A lot I think will all depend on whether the economies around the world can shift and adapt if at all possible to the way things move. Sometimes new opportunities arise as old ones pass and I guess that is what will be hoped for but is probably not guaranteed.

So for those interested in dating FSW the need to get decent money in a changing economy will likely be important. The days of the digital IT nomad that could work & play abroad might soon be coming to an end.

[krimster2]

I done told them white folks already regarding the AI job apocalypse
if AI can automate yur job it will...it's already happening in some industries
in 5 years it'll be universal
that's the business plan of the billionaire oligarchs like Musk, Zuckerberg, Bezos, et al
it's why they all paid a $million to stand next to Trump at the regurgitation inauguration
all regulations on AI were soon terminated and no new ones
AI is a gaint vacuum cleaner to suck up all the jobs and spit out $Trump and $Melaania tokens

so ya wanna engage in some activity that can't be copied by Musk's AI

example of how to adapt

when I was a kid, I took a BUNCH of old car alternators from junked cars
and I completely disassembled them, and cleaned them, did simple repairs
they are quite a simple device; 3-phase alternator coils, shaft, bearings, diode rectifier
hook a shaft from a small electric motor to it and I had a 12V DC generator I could pwer my radio projects with, instead of batteries
I learned how easy it is to test an alternator to see if it works or what the prroblem is

can't speak for "ole blimey" but here foreign auto parts are gonna be at a premium
if you can salvage Mercedes, BMW alternators and sell 'em you got a business

you can buy a high end diagnostic computer that plusgs into any modern car
and it tells you instantly the problem and every detail
you can be a "mobile auto-mechanic"
you have a car, all you need are the tools (somewhere around $5000 total)
and the knowledge me boyo
you will pay little taxes, lots of cash
help some 'ole lady for free and you can get the media to hype you
I did this once with my kid

when I was young, old cars were mechanically very simple
with a timing light, you could do a tuneup, replace plugs, adjust or replace timing chain
do yur own oil/fluid change
and this car would run forever, as long as you don't mistreat it, cold starts, etc...
so you could solve 90% of problems yurself
old rich people will freakin love ya

my logistics expertise between Russia and the USA gives me the privilige of buying Chinese semiconductors shipping to Russia and then to the USA "DUTY FREE"
and I can sell this service as well

crisis = Danger + Opportunity

[Trenchcoat]

An interesting take on it Krim.

Well latest news from the UK economy isn't good:

http://news.sky.com/story/uk-economy-contracted-sharply-in-april-after-trumps-tariffs-13382404

Trade has fallen with the US as Trumps tarriffs begin to hit even though we aren't by far the worst effected. So our economy has contracted rather than grown in the last quarter. I believe if it does in the next quarter for two consecutive quarters we are then officially in a recession until we get done growth again I guess.

It has been noted in recent days that Employers are advertising less job vacancies as well do there are fewer jobs to apply to. That as well is potentially early signs of trouble ahead. Autumn has often been a time when recessions strike full force onwards throughout the winter and subsequent years so who knows.

In the US I hear things aren't too great either judging by many people seemingly looking for jobs on LinkedIn without much joy, generally professional types, white collar work.

So I don't know what members here make of it so far? Are we already at the beginning of a big economic downturn in the West or is there still some time to go yet?

[krimster2]

yeah, that statistic just came out, it's a "leading indicator"

yes, reduction in trade means a reduction in the economy

I don't know the UK's numbers

but the USA now takes a $TRILLION out of the main street economy EVERY YEAR to pay interest on the National Debt
1/3 of this goes to foreigners

Trump has added hundreds of billions in Tariffs
all this is taken out of the general economy, so it declines

debt and interest and tariffs shrinks the economy
and concentrates wealth instead of distributing it

then add all the other debts, student loans, credit card, etc
and see what percentage of the consumer economy is devoted to paying off old debt instead of buying new things
and notice that the trend is for this number to keep growing over time

the average working person is a debt slave
and it's going to get much, much worse in the near future when they all go bankruot

you had all better figure out how to get yur own "income streams" and not rely on a salaried job any more

when Trump leaves office the USA will be paying over $1.3 Trillion per year in interest on the the federal debt
within 5 years of that, the USA must decide to either raise Social Security taxes or cut benefits by 1/3

by the mid 2030s all the chickens are coming home to roost in the US economy, can't kick the can down the road anymore
when ya come to a dead end


the dollar will lose value, don't hold any
gold and silver

the absolute BEST land to own, is a farm that borders a major highway
no property taxes
grow Hemp and yur own food

be off-grid
build yur home fire-proof and ya don't even need home owners insurance
tax free, utility free, insurance free
and chickens and gardens

buy a turn-key micro-brewery
http://acestills.com/product/5-bbl-brewing-system/

a lotta ways to make moeny with these
I don't know UK laws, but easy to do this here

you can copy the design and make it yurself for half price
and lease these to clubs, etc

you can bottle yur own brand with yur own label
I have a genetically engineered yeast that expresses the genes for THC production from Cannabis Sativa
called Canary Dank


PS
Uranium Hexaflouride is nasty stuff
who's gonna clean up all those busted Russian centrifuges in Iran?
will Russia lose Iranian weapons now cuz they're gonna get used in the war with Is-rael?

[krimster2]

how I intend to live after the crash

http://x.com/i/status/1933444604231114981

my solution is to be completely phuqued-up for the rest of my life....
and probably not even know the crash happened

[krimster2]

http://www.dailykos.com/stories/2025/6/16/2328333/-You-won-t-believe-the-latest-dystopian-step-companies-are-taking?pm_campaign=front_page&pm_source=top_news_slot_2&pm_medium=web

Corporate "notgeld"
when the dollar collapses, this is what replaces it
decentralised currency
everybody issues their own
welcome to "Bartertown"

same deal happened in the Weimar hyperinflation
every town issued their own notgeld currency
I used to collect it

now it's called a "stablecoin"

the signs of "what's coming" are all around you

[krimster2]

http://x.com/i/status/1935937938723868994

but, "for some reason" it's NOT funny anymore, now is it?

Ali G as an Iranian Dick Tater
http://x.com/i/status/1936285415301881918

The merry prankster, who hides truth in his jokes
yet another one of them damned Joos
y'know like when Charley Chaplain was playing Hitler in the movies

what goes around, comes around
just like Nietzsche said!!!!

PS
Iran needs to look at what happened to the last group of anti-semites that killed Joos

http://x.com/i/status/1936285192676950084

try to understand what happens if there are no more power plants, dams, bridges, or oil and gas production or shipment in Iran
there is already a HUGE amount of social unrest in Iran, it's VERY tense

the Ayatollah, wants to project the "fear of Joos" on to the Iranian public, hoping to get their support for war
just like Trump is using "illegal invaders" for the same purpose

easy to do in Iran, nobody would EVER get into trouble for crude anti-semitism in the media, the nastier the better

the media screams "The joos drink the blood of Iranian and Palestinian children!!!"

yeah...yeah...we been there, we done that
my great grandfather was a rabbi who raised money in Philadelphia to pay the Russian lawyers in the Beillis Trial of 1913 in Kiev
he went back and forth several times

http://en.wikipedia.org/wiki/Menahem_Mendel_Beilis

Netanyahu's American relatives live in Philadelphia, and they have known my family for a long time
quite likely they were bootlegging together during American prohibition
they go to the same synagogue
the Philly Jewish Community is verr "TIGHT" with each other
families have connections and and contact for generations there

unless, they are like me and run away from it

if Christians were a small minority like Joos, you'd all be getting the exact same treatment from Islam

both Islam and Russia have a "Napolean Complex"
they are weak, so they pretend they are actually superior to everyone else
and their superiority entitles them to be conquerors over the inferior

this is the classic "Bully Syndrome"
an insecure person who picks on whom he perceives to be smaller and weaker
Israel is the small weak kid, who knows Krav Maga and kicks the bully's ass

if I'm not mistaken, there's a story in the Bible about this
something about David and Goliath

10% of the Israeli pilots flying in Iran are women
that must really torch the Ayatollah's testicles

your holiness, I'm afraid I have to report that an unclean kefir woman, just destroyed one of our nuclear reactors

they think the way Ghenghis Khan did
cuz that's really who they are
small weak versions of a warror culture, led by a war lord

well, you dumb asses are gonna learn the meaning of
"he who lives by the sword, dies by the sword"

spossiba bog!! I'm too old fer ya'll to make me fight for ya again
it'll be some other schmuck instead of me this time

PS
in all honesty, if I could be "white and fluffy" again, I'd go into the IDF in a heartbeat!!!!!!

I'm a "blondie" so the girls REALLY noticed me when I was a lad in Tel Aviv
I'd startch and iron my uniform, I had a perfect body with a tailored military uniform, custom fitted by a Jewish tailor. a freakin rakish dark green beret, and 14k Gold Aviator sunglasses

I couldn't walk 2 blocks without getting hit on
I could get free food
free transportation
constant female attention

I mean DAY-YAM!!!
after you get over the shock of the first body, yur first kill, everything becomes routine
and when you get liberty you get laid right away

I guess you could get the same thing in Ukraine
but none of these incels are smart enough or have the balls to do something like that

you incels have no idea how good it felt, having the girls chase you and try to get you to spend some "alone time" with them

y'all can't get past kissin yur ugly cousin when you were 16
that's all the RIZZ ya got, like kissin yur mom under the misstle toe at Christmas
seriously?

so freaking sad
to have wasted your life like that

you failed to launch, just like North Korea's new ship

oh SNAP!
you want some ointment for that BURN?