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Showing posts with label 1929. Show all posts
Showing posts with label 1929. Show all posts

Sunday, January 28, 2018

A Floorless Economy, A Quickly-Rising Stock Market, Inflation, And Debts & Deficits: aka...

A United States-self-made economic hell known as the Second Great Depression is coming if the United States does not refound the American economy based on the Gold Standard—or at least some kind of concrete standard, even if it's the Silver Standard, Copper Standard, or other standard which can give the U.S. Economy a floor should the NYSE crash again. Besides, the United States Economy will also be in worse-than-historically-repetitive trouble if the NYSE keeps going up and up and doesn't have the kind of floor that it had last time.


source: tradingeconomics.com

(The U.S. Government entirely ripped up the floor of the Gold Standard from under the U.S. economy in 1971.)

Add inflation and a probably-impossible-to-repay debt to a floorless economy and an NYSE that could hit a ceiling at any time, and a Great Depression with either a nonetheless-painful end or no end could occur probably well before the 2022 "Budget Showdown"—and compare the former possibility to if my third childhood hamster had risen from the dead after he (as I have since heard) died instantly from a 16-foot-fall that a squirrel-dug hole in my father's apartment caused him to have, or if he even somehow survived that fall and eventually recovered (As for the latter possibility, the bottomless-pit analogy can be used for that.).

One can therefore obviously conclude that the U.S. Economy and the NYSE that defines it need:


  1. A refoundation or reflooring, such as a return to the Gold Standard or some other standard that can serve as an economic and financial base
  2. An actually-slowed-down growing and a growth that takes the slow-and-steady approach as opposed to the "Get rich quick!" or "Buy, buy, buy!" standard.
  3. Inflation control
  4. A U.S. government that will put it back on the Gold Standard or some other kind of concrete standard, regulate overgrowth, control inflation, and at least start reducing the growth of the U.S. debt and deficit.
PS I recall that I wrote about the heading-for-another-depression U.S. Economy before, and writing again about it in the 10th-anniversary year of the Great Recession may be worth it.

Friday, June 24, 2016

Originally On LinkedIn: The Brexit (Soon To Be Bregret) And The Workforce

  1. Are you a Jew, Pole, Syrian or Iraqi (perhaps even a Syrian or an Iraqi Jew) or other person whom's part of a Non-United Kingdom ethnic group? If so, get ready to be stereotyped—as if you haven't already been—whether or not you're legally in the United Kingdom. You'll be treated as a foreigner whom's encroaching on the United Kingdom's job market, whether or not you already have a job and are a person with a good work ethic. By the way, read some of the posts on Polish Forums if you don't believe me in regards to the United Kingdom's Polonophobia—I have read about how Ethnic Poles and other Poland-connected people are treated.
  2. Did you already read about how the NYSE and French, German, AsiaPacific (e.g., the Japanese Nikkei), and even the UK stock markets were hit? If you pay attention to history, you know that the Brexit-affected hits could lead to another Depression—and of course, more Anti Semitism (which may include another Holocaust), Polonophobia, and other xenophobia. Remember that Anti Semitism (and other xenophobia) and the 1929 NYSE Crash exacerbated each other—and a "Deutschland first" eerily echoes into almost 87 years later with "America first" (the slogan of a certain businessman whom hates Jews and exploited Polish workers in the United States) and "Britain first" (the slogan of the British National Party). Also remember how, e.g., a certain Otto Frank lost his job at his company and had to hide in an Annex at his former company's building.
  3. Do you follow how the number of joblessness claims in the United States constantly rises and falls, and often comes in lower per the estimated amount of rising and higher per the estimated amount of falling? If you are in the United States, do not think that you are immune to being among the jobless someday—after all, many people during the Great Depression thought that they would be immune until, for example, the bank runs started happening in even the small towns.
Do not think that, for instance, giving the wolves Cameron and Merkel—two of the greatest allies of Israel, the people from whom many great professionals came—will not affect you, especially since not every Jew was able to bless the world like Drs. Einstein and Salk were. Also, many startups and other businesses that are in or linked to Israel will be hit—as if, for instance, Sodastream being hit and many gentile workers losing jobs wasn't enough. By the way, I can reasonably guess that at least one former Sodastream employee may be among the refugees, many of whom are escaping Daesh (now called the "Islamic State in Iraq and Syria".


Incidentally, why we call Daesh a state is beyond me—since Daesh is not a legitimate state. By the way, "ISIS" does not like the name Daesh, which is exactly why I call them that—I refuse to recognize an aspiring state whom plans to be a terrorist state, and whom is already taking livelihoods and lives away from many people. Besides, all one needs to do is look at terrorist states like North Korea, where the economy is abysmal and echoes of the Holocaust—including the German and Russian parts (with the gulags being a part of the Russian part)—permeate the lives of the North Korean people.

Friday, January 23, 2015

My Own 25th Birthday, And a Scary Realization...

Now I'm 25 years old by both Biblical and Gregorian standards. Meanwhile, I (no pun intended) am stopped dead in my tracks by a horrifying realization: I am as old as Great-Granddad Czarnecki was when the 1929 Great Depression happened. Also, I just read about the hardly-explained suicide of Madison Holleran—and all while I had been browsing to find out the age of a public figure whose age was not given on Wikipedia. One thing really can lead to another!

At that point, reading about Miss Holleran's suicide led to my reading comments about it—including the evil-hearted one from "Bc". Typing a response to him made me realize (at least more of) what happened to Great-Granddad, etc. (Incidentally—or maybe not—the day-and-date scheme was the same in 1964 as it was in 2014. By the way, "50" and "25" are multiples of "25" and "five". The numbers in it all, too. Needless to say, numbers and patterns alone should prove that there are no coincidences in life.):

That's easy for you to say. Could you go in back in time and, e.g., talk to my Great-Granddad Czarnecki:
Born on October 24, 1904, he was a pogrom survivor who had to become a Crypto Jew, who lost his father (who, by the way, was an alcoholic and a terrible husband) when he was 17 going on 18, his sister Regina when he was 20 (and she was 16. She died of cholera [sic.].), his mother when he was 31 going on 32 (after he already had a complicated relationship with her), his firstborn son, and his youngest brother (who was a Holocaust victim whose cause of death was murder due to serving in the U.S. Military and being fatally injured by a Nazi soldier. He took almost 18 years to die, by the way, since that's how botched the surgery to remove the shrapnel from his head was; and he died from a schizophrenic reaction and a coronary occlusion). He also lost other siblings, all of whom died when they were infants.
Add to that, that he lost his three right middle toes and his leg up to his knee when he worked as a lawnmower operator at an apartment complex (and because he lost his previous job in the hard-hit Sugar Notch, Pennsylvania coal mines). The job losses and limb loss either affected the onset of or exacerbated his Depression, for which the medication that he took was ineffective.
So, after 60 years, a month, a week, and a day of pain (i.e., 21,954 days of pain), he attempted suicide; and although his attempt didn't work and he changed his mind at the last minute, his death certificate reads that he died of suicide by drowning.
By the way, the Great Depression began on his 9,131st day (his 25th birthday). He also had other pain (that is, besides what I mentioned, including how his 25th birthday was marred and the Pogrom of Pogroms thus far at that time—the Holocaust—began on that day).
You tell me, then, how willing he was to consider that, e.g., "tomorrow is another to borrow the words of some one else". Your lack of critical thinking, empathy, and compassion astounds me.
What a sobering reality! By the way, let me add what I originally commented:

Sure; expectations of perfection, etc. can affect the onset of Depression and suicide affected by Depression. Frankly, though, it does seem unusual (even weird). What didn't Madison tell?
By the way, I know that this isn't about me; although I have Depression, and my father's paternal grandfather, the maternal grandfather of my father's maternal grandmother, and two maternal uncles of father's maternal grandmother all committed suicide. My father's sister attempted suicide as well, and I ended up in Sheppard Pratt for threatening suicide (and there are days where the temptation of suicide still assails me.
So, I know from experience that more than just expectations of perfection, etc. had to be in play. Incidentally, I have never seen my great-granddad's suicide note; and I figured out that my great-grandmother's maternal grandfather (who was in his 50s when he died) committed suicide because I noted that two of his six sons (and two of his seven children) committed suicide (so, mathematically, for him to not commit suicide would have been impossible.

I will add other links later [6:04 PM EST].

The links have been added [10:45 PM EST].