We have been hearing for decades that social security will be broke after the first wave of boomers starts retiring. Which started happening a while ago. IMHO, SS going broke is the first part of "collapse." They knew it was coming, and have known for a very long time.
The Great Reset was a way to capitalize on this collapse and make it work for those in charge. So they implemented c0vid and the death jabs for depop. And don't forget "wars" to fill up the coffers of politicos and their friends in Big Mil. Plus... more depopt. And... rampant government spending. Because they never intend on paying it back. Next up? CBDCs. And so on.
"When life gives you lemons, make lemonade."
Don't let them make lemonade. The very least each one of us can do is use cash at every opportunity, as well as checks. Don't. Feed. The. Beast.
It's also worth remembering that, when the current US dollar was created in 1933 after the bankruptcy of the US and the dissolution of the federal government, "The new money (paper promissory notes) is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trade acceptances, and banker’s acceptances. The new money will be worth 100 cents on the dollar, because it is backed by the credit of the nation. It will represent a mortgage on all the homes and other property of all the people in the Nation.” Senate Document No. 43, 73rd Congressional Record, 1st Session.
So, even if you think you "own" real stuff, that real stuff is collateral for the national debt.
I recently finished reading The Great Taking by David Rogers Webb. Very scary read how this can be done taking everything you have when things go south. Make sure you have paid your debts - mortage, car, etc., pay it off now if possible!
Yes, the whole thing is a monumental scandal. Although I agree with you that re-paying debt is a good idea, if possible, it may not protect you completely (or at all?) from The Taking.
I suppose we will find out soon enough! We know the next crash will be much worst than 1929 crash. I'm surprised this criminal system has lasted this long.
No, the collapse is going to be caused by the hyperinflation of the currencies. The Japanese yen will probably lead the way, followed by all the others in quick succession. When it happens, it will be sudden. Most people will be blind-sided. It could happen this year, or even this quarter. It's a house of cards.
If you think your money is safe because it’s FDIC insured, just be aware that the FDIC can only cover < 2% of all the deposits it insures. In the event of widespread bank failures, you might get 2 cents on the dollar, if anything at all (you can be pretty sure that most of the proceeds will go the way of “COVID loans” and be stolen).
Buy gold coins, pay cash from a local reputable dealer. Hoard it in a safe place with your other, more precious metals, brass and lead cartridges. Both will work in a pinch 🤏
The government and private retirement accounts have all been robbed and depleted. The plan was to start WWIII, wipe out the ‘advanced’ countries, the pesky US constitution, etc. and proceed with their ‘great reset’. Therefore, no more financial problems to worry about. Bring in the ‘new’ population, shampoo, rinse and repeat.
You should point out this piece of reality. The Federal reserve has a stated net worth of roughly 51 billion as of 12-31-2023. But it also has unrealized losses in its bond portfolio of about 1 trillion so the Federal Reserve would come up 950 billion short of meeting its obligations if the member banks want to pull out their deposits that they have at the Fed. The only way for the Fed to avoid this is printing another trillion dollars out of nothing which will make the inflation problem worse. Driving interest rates even higher.
the PSYOP-19 global depopulation and control program was the setup. The follow-up was always going to be yet another One World Government operation to further consolidate power and usher in the Great Reset. As predicted over two years ago, PSYOP-MARKET-CRASH was one of the more viable post “pandemic” follow-ups for …
The sad thing is that Godless dumb-down educated people can't understand that the USA was settled by, and built on Judah Christion wisdom and law! Now in dumping all that for a Man inspired/ free stuff government, we go the way of all Godless Man [playing God] inspired failed nations! God's people made the USA, Satan's people will tear it down! Nations get the government they deserve!
Jesus died for you! Satan's people want you dead! So live with it!
I think you have it a bit backwards.
We have been hearing for decades that social security will be broke after the first wave of boomers starts retiring. Which started happening a while ago. IMHO, SS going broke is the first part of "collapse." They knew it was coming, and have known for a very long time.
The Great Reset was a way to capitalize on this collapse and make it work for those in charge. So they implemented c0vid and the death jabs for depop. And don't forget "wars" to fill up the coffers of politicos and their friends in Big Mil. Plus... more depopt. And... rampant government spending. Because they never intend on paying it back. Next up? CBDCs. And so on.
"When life gives you lemons, make lemonade."
Don't let them make lemonade. The very least each one of us can do is use cash at every opportunity, as well as checks. Don't. Feed. The. Beast.
I would add, make sure you own real stuff, without mortgages or financing....
If you've read/seen "The Great Taking," you might conclude that none of that will make any difference.
https://www.youtube.com/watch?v=dk3AVceraTI&t=15s&pp=ygUQdGhlIGdyZWF0IHRha2luZw%3D%3D
It's also worth remembering that, when the current US dollar was created in 1933 after the bankruptcy of the US and the dissolution of the federal government, "The new money (paper promissory notes) is issued to the banks in return for Government obligations, bills of exchange, drafts, notes, trade acceptances, and banker’s acceptances. The new money will be worth 100 cents on the dollar, because it is backed by the credit of the nation. It will represent a mortgage on all the homes and other property of all the people in the Nation.” Senate Document No. 43, 73rd Congressional Record, 1st Session.
So, even if you think you "own" real stuff, that real stuff is collateral for the national debt.
I recently finished reading The Great Taking by David Rogers Webb. Very scary read how this can be done taking everything you have when things go south. Make sure you have paid your debts - mortage, car, etc., pay it off now if possible!
Yes, the whole thing is a monumental scandal. Although I agree with you that re-paying debt is a good idea, if possible, it may not protect you completely (or at all?) from The Taking.
I suppose we will find out soon enough! We know the next crash will be much worst than 1929 crash. I'm surprised this criminal system has lasted this long.
No, the collapse is going to be caused by the hyperinflation of the currencies. The Japanese yen will probably lead the way, followed by all the others in quick succession. When it happens, it will be sudden. Most people will be blind-sided. It could happen this year, or even this quarter. It's a house of cards.
Banks failing in the most corrupt U.S. states of Pennsylvania and New York.
I always thought that LA and IL were the most corrupt.
Learn something new every day. ;)
Matter of opinion, of course. Recent history re covid and the stolen 2020 election impacts my opinion here.
I'm not necessarily disagreeing.
; )
If you think your money is safe because it’s FDIC insured, just be aware that the FDIC can only cover < 2% of all the deposits it insures. In the event of widespread bank failures, you might get 2 cents on the dollar, if anything at all (you can be pretty sure that most of the proceeds will go the way of “COVID loans” and be stolen).
The Great Taking is in play
Buy gold coins, pay cash from a local reputable dealer. Hoard it in a safe place with your other, more precious metals, brass and lead cartridges. Both will work in a pinch 🤏
Maybe silver coins are a more spendable alternative to gold?
Sure, although is you’re converting your whole portfolio, gold will be a smaller package to carry.
The government and private retirement accounts have all been robbed and depleted. The plan was to start WWIII, wipe out the ‘advanced’ countries, the pesky US constitution, etc. and proceed with their ‘great reset’. Therefore, no more financial problems to worry about. Bring in the ‘new’ population, shampoo, rinse and repeat.
Yes, they even have their new capital city built, ready and waiting:
https://francesleader.substack.com/p/united-kingdoms-death-spiral
You should point out this piece of reality. The Federal reserve has a stated net worth of roughly 51 billion as of 12-31-2023. But it also has unrealized losses in its bond portfolio of about 1 trillion so the Federal Reserve would come up 950 billion short of meeting its obligations if the member banks want to pull out their deposits that they have at the Fed. The only way for the Fed to avoid this is printing another trillion dollars out of nothing which will make the inflation problem worse. Driving interest rates even higher.
This highlights one of the benefits of self custody bitcoin. Like gold but better as you can bring your value with you without risk of getting robbed.
A few questions for Bitcoin "investors:"
-- do you know what the 51% Attack is?
-- do you know what BTC's Nakamoto Coefficient is?
-- do you know what a Sybil Attack is?
-- do you know what an Eclipse Attack is?
-- does BTC have trusted third party (TTP)?
-- is BTC decentralized?
Maybe, maybe not:
"UK Police Secure New Powers To Seize Crypto Assets From Suspects Without Making Arrests"
https://dailyhodl.com/2024/04/27/uk-police-secure-new-powers-to-seize-crypto-assets-from-suspects-without-making-arrests/
This is no different than a country enacting (unconstitutional) laws to seize gold.
And that makes it ok?
It absolutely doesn’t make it ok.
the PSYOP-19 global depopulation and control program was the setup. The follow-up was always going to be yet another One World Government operation to further consolidate power and usher in the Great Reset. As predicted over two years ago, PSYOP-MARKET-CRASH was one of the more viable post “pandemic” follow-ups for …
The sad thing is that Godless dumb-down educated people can't understand that the USA was settled by, and built on Judah Christion wisdom and law! Now in dumping all that for a Man inspired/ free stuff government, we go the way of all Godless Man [playing God] inspired failed nations! God's people made the USA, Satan's people will tear it down! Nations get the government they deserve!
Jesus died for you! Satan's people want you dead! So live with it!
In this episode of "The Truman Show," The First Bank Failure of 2024 Leaves a 1-Cent Stock for Investors and $667 Million in Losses for the FDIC....