Nothing shocks me anymore . The financial institutions a re greasing the skid for yet another bailout. Liquitity is going to be a huge problem. Like 2008, the government will give away our money to the banks and brokerage firms so they could be liquid and be able to make loans. As you may recall, in 2008 through 2012, it was very difficult to get any type of loan. I tried to obtain a small business loan. I jump through hoops to be denied a loan by the government. My business failed due to lack of funding.
The end may be close at hand. Our money system as well as the system across the globe has been in a down fall ever since the election was stolen from President Trump. He had the economy moving forward, just as Reagan before him. Today, monetary policy is a mess. Gregs advice to move money out of institutions and into gold and silver is not a bad idea. Buying other tangible assets, property, musical instruments, oil, art etc would be a good idea. I see two major problems on the immediate horizon.
First, those real estate loans are coming due. Most will default and many companies will file for bankruptcy protection. The people are living paycheck to paycheck. Debt is at an all time high. These people will file for bankruptcy just like in 1929. Only because of the numbers this will be much, much worst. There will be civil war as well as a foreign war. The country maybe over run by foreign nationals. The use of nuclear weapons may be used. Not one of the major powers will allow another to take over there country. It is for that reason nukes will be used. This policy has been in effect since the Cold War and has never changed.
I can say this. Lets pry for the best, but be prepared for the worst.
I hope he chokes on his bagel and lox
Nothing shocks me anymore . The financial institutions a re greasing the skid for yet another bailout. Liquitity is going to be a huge problem. Like 2008, the government will give away our money to the banks and brokerage firms so they could be liquid and be able to make loans. As you may recall, in 2008 through 2012, it was very difficult to get any type of loan. I tried to obtain a small business loan. I jump through hoops to be denied a loan by the government. My business failed due to lack of funding.
The end may be close at hand. Our money system as well as the system across the globe has been in a down fall ever since the election was stolen from President Trump. He had the economy moving forward, just as Reagan before him. Today, monetary policy is a mess. Gregs advice to move money out of institutions and into gold and silver is not a bad idea. Buying other tangible assets, property, musical instruments, oil, art etc would be a good idea. I see two major problems on the immediate horizon.
First, those real estate loans are coming due. Most will default and many companies will file for bankruptcy protection. The people are living paycheck to paycheck. Debt is at an all time high. These people will file for bankruptcy just like in 1929. Only because of the numbers this will be much, much worst. There will be civil war as well as a foreign war. The country maybe over run by foreign nationals. The use of nuclear weapons may be used. Not one of the major powers will allow another to take over there country. It is for that reason nukes will be used. This policy has been in effect since the Cold War and has never changed.
I can say this. Lets pry for the best, but be prepared for the worst.