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REPORT ABUSIVE REPLY
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Message Subject
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The Federal Reserve has pulled the plug on the US and Global Debt Bubble - Global Planned Financial Tsunami Has Just Begun
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Poster Handle
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Anonymous Coward |
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Post Content
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It's simple. Debt is defaulted on. All of it.
We also have to get rid of SS payments, the VA payments, and so on. Covid did not succeed, so time for another killer pandemic that actually works.
Pity the naive and trusting retiree who will lose that big stash in the pension, the hedge fund, the money market. Bonds destroyed, stocks devastated.
Pity anybody without a good garden plot and a big stash of precious metals. God help us and have mercy.
Quoting: Prayandprepare000  In a default or deflationary depression cash is king PMs are not worth anything. Garden wont feed you considering the average human without working needs base weight * 12 = kcals per day... Total bollocks. With exacerbated monetary inflation, the value of each monetary unit becomes less. This will be exacerbated as they shift to a new monetary system. PMs will be absolutely everything. You can have extreme inflationary pressures in some areas (food, energy, various essentials) and deflation in others, but there's no denying the M2 money supply has gone parabolic and per unit monetary value is declining..has been for a long time, just getting worse. Gardens will help.
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