The Ponzi scheme called the USA has been in a depression for decades now. The only reason you don't see the soup lines of the 1930s is because of endless Government handouts such as food stamps, welfare and EBT cards.
Bitcoin has no track record to speak of so silver and gold must be held if you are going to survive this thing financially.
We live in the country over a hour any direction from any larger city on a paid off property that allows us some self sufficiency that I could do a better job of.
I wish there was a better agricultural diversity around here besides the corn and soybean thing but the Amish community here helps alot.
Get the hell out of the city and get some land and some metals is the only opinion I can offer.
I think Greg is correct a inflationary depression following stagflation.
Get land you can grow food on. That is the best tangible asset. Get chickens, get bees. Plant a simple garden. Plant fruit trees instead of ornamental trees. It’s simple. It works. Have a well on your property for clean fresh water that can’t be tainted. Land in the long run will appreciate more than gold. Bill Gates is may be many things but he is not stupid. He is the LARGEST land owner in this country. He knows how to store his wealth. How are you going to feed your family with gold? Can you buy groceries with gold? No. Bitcoin is a better bet because you can buy and sell almost as easily as with the dollar. Anywhere and anyplace as long as you have access to the internet.
We live in Amish country and in time I can take a silver dime or quarter or half and trade. I remember the oil embargo and silver at all time highs and independent filling stations would take a 90% dime for a gallon of gas. Indians know their silver and some Indian people own three stations I know of and one is less than 5 miles away.
We get water from a well and have a big garden and chickens and I just caught a swarm of bees. We cash rent 5 of our 7 acres to Amish, one a dairy farmer.
We have fruit and nut trees and berries.
We freeze and can and dehydrate and even have a freeze dryer.
I have two ponds down the road I can fish any time I want. I have a butcher shop in one of my barns I have butchered beef, chickens,goats, lambs in. Land near our well has been farmed organically for over 20 years and is 90 feet deep.
Also we live in a climate with plenty of rain fall. All that and I still have work to do.
I need to get outside in a minute and set in a bunch of blueberries and strawberries.
it will be both inflationary and deflationary --lots of assets will drop like a rock- real estate dumping? we are waiting for the lock up in the movement of currency--cash flow will really drop---payments on most things will stop--look at commercial real estate,it is going to 10 cents on the dollar--gooooooovermint bonds will dump big time ---it is going to be the biggest losses in world history,nobody will want them at any discount -pensions,retirements in the toilet including mine!!!
I got a 2008 f-350 4x4,auto, crew cab-fac lift with service body (tools,etc) diesel,looks new 20 ft away,no dents,all black -133,000 miles,has delete kit---only seen light duty--20k and its yours--douge1235@hotmail.com
We've been in a recession since 2008 that was papered over by QE. We entered a depression in 2020. The evidence is in my linked work below.
The majority of the US population lives off bank credit. The majority of the population also use bank credit for basic necessities such as; food, shelter, energy and medical.
So the populace no longer lives off wages or salary because the currency is worthless. USD has devalued by 98% as publicly admitted by the Federal Reserve Education Board. That means the real number is worse and purchasing power is negative. Why? The Fed are liars and would never tell the truth. They have a vested interest in lying. Therefore, public numbers are usually gross understatements and we can assume much worse.
America has already collapsed; People just have figured it out yet.
Purchasing power is the only thing that matters. If your purchasing power is negative (i.e. worthless) everything els is irrelevant. You've already collapsed because your currency is no longer viable for living or surviving.
This is already happening as food banks across america are running out of food and have more demand than they ever had since the depression of 1929.
Homelessness is breaking all time records as well.
The collapse isn't coming. Its already here.
"Anyway, us cow folk jus take it as it come." -Fallout TV show series (a must watch btw).
I hang with an old fella(86) from Redwood City Ca his family knew Piagini who started Bank of America … dude knows it’s all going belly up .. keep up the good fight
For hundreds of thousands this started with the lockdowns in 2020. Generation old businesses lost everything. It has continued for more and more each day until the present. Soon even the normies will see the acceleration. Watch the countless videos of the gen-z'ers complaining they can't make ends meet. Too bad they seem unable to figure out why.
Spit. Not far enough. I’ll use it as toilet paper. And maybe every fed chair and their cohorts.
The Ponzi scheme called the USA has been in a depression for decades now. The only reason you don't see the soup lines of the 1930s is because of endless Government handouts such as food stamps, welfare and EBT cards.
Bitcoin has no track record to speak of so silver and gold must be held if you are going to survive this thing financially.
We live in the country over a hour any direction from any larger city on a paid off property that allows us some self sufficiency that I could do a better job of.
I wish there was a better agricultural diversity around here besides the corn and soybean thing but the Amish community here helps alot.
Get the hell out of the city and get some land and some metals is the only opinion I can offer.
I think Greg is correct a inflationary depression following stagflation.
Bitcoin is fool's gold.
Get land you can grow food on. That is the best tangible asset. Get chickens, get bees. Plant a simple garden. Plant fruit trees instead of ornamental trees. It’s simple. It works. Have a well on your property for clean fresh water that can’t be tainted. Land in the long run will appreciate more than gold. Bill Gates is may be many things but he is not stupid. He is the LARGEST land owner in this country. He knows how to store his wealth. How are you going to feed your family with gold? Can you buy groceries with gold? No. Bitcoin is a better bet because you can buy and sell almost as easily as with the dollar. Anywhere and anyplace as long as you have access to the internet.
One thing I didn't mention was I live 20 minutes away from a major bullion dealer and can have cash in my hand inside a hour of leaving home.
I did it once before.
Gold is liquid. Silver is liquid.
We live in Amish country and in time I can take a silver dime or quarter or half and trade. I remember the oil embargo and silver at all time highs and independent filling stations would take a 90% dime for a gallon of gas. Indians know their silver and some Indian people own three stations I know of and one is less than 5 miles away.
We get water from a well and have a big garden and chickens and I just caught a swarm of bees. We cash rent 5 of our 7 acres to Amish, one a dairy farmer.
We have fruit and nut trees and berries.
We freeze and can and dehydrate and even have a freeze dryer.
I have two ponds down the road I can fish any time I want. I have a butcher shop in one of my barns I have butchered beef, chickens,goats, lambs in. Land near our well has been farmed organically for over 20 years and is 90 feet deep.
Also we live in a climate with plenty of rain fall. All that and I still have work to do.
I need to get outside in a minute and set in a bunch of blueberries and strawberries.
you got free land
7 acres already spoken for by my wife.
Out here in Indiana land didn't get as stupid as other states.
to new thanks
to cold ,i am in lv
it will be both inflationary and deflationary --lots of assets will drop like a rock- real estate dumping? we are waiting for the lock up in the movement of currency--cash flow will really drop---payments on most things will stop--look at commercial real estate,it is going to 10 cents on the dollar--gooooooovermint bonds will dump big time ---it is going to be the biggest losses in world history,nobody will want them at any discount -pensions,retirements in the toilet including mine!!!
about time now I can buy a truck for a good price (used)
I got a 2008 f-350 4x4,auto, crew cab-fac lift with service body (tools,etc) diesel,looks new 20 ft away,no dents,all black -133,000 miles,has delete kit---only seen light duty--20k and its yours--douge1235@hotmail.com
Don't take criticism from folks who follow you if they're sensitive then they're in the wrong place!
We've been in a recession since 2008 that was papered over by QE. We entered a depression in 2020. The evidence is in my linked work below.
The majority of the US population lives off bank credit. The majority of the population also use bank credit for basic necessities such as; food, shelter, energy and medical.
So the populace no longer lives off wages or salary because the currency is worthless. USD has devalued by 98% as publicly admitted by the Federal Reserve Education Board. That means the real number is worse and purchasing power is negative. Why? The Fed are liars and would never tell the truth. They have a vested interest in lying. Therefore, public numbers are usually gross understatements and we can assume much worse.
America has already collapsed; People just have figured it out yet.
Purchasing power is the only thing that matters. If your purchasing power is negative (i.e. worthless) everything els is irrelevant. You've already collapsed because your currency is no longer viable for living or surviving.
This is already happening as food banks across america are running out of food and have more demand than they ever had since the depression of 1929.
Homelessness is breaking all time records as well.
The collapse isn't coming. Its already here.
"Anyway, us cow folk jus take it as it come." -Fallout TV show series (a must watch btw).
-Dillon Critique
DATA: America Already Died
Recession Since 2008; Depression Since 2020
Substack Read:
what's the DILL?
https://open.substack.com/pub/blackboxpolitics/p/data-america-already-dead?r=99p96&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Purchasing power; Nothing Els Matters
https://open.substack.com/pub/blackboxpolitics/p/purchasing-power-nothing-els-matters?r=99p96&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Federal Reserve Playbook Revealed: Interest Rates, Hyperinflation, Markets & QE
The green light has been given to set the sun on the US Empire
https://blackboxpolitics.substack.com/p/federal-reserve-playbook-revealed
I hang with an old fella(86) from Redwood City Ca his family knew Piagini who started Bank of America … dude knows it’s all going belly up .. keep up the good fight
Mannarino
For hundreds of thousands this started with the lockdowns in 2020. Generation old businesses lost everything. It has continued for more and more each day until the present. Soon even the normies will see the acceleration. Watch the countless videos of the gen-z'ers complaining they can't make ends meet. Too bad they seem unable to figure out why.