The idea is that the US dollar is the "cleanest dirty shirt".
I've read this for at least 12 years. Yes, our fiat money is shit, BUT it's the least shitty in a world of shit. Every country holds the US dollar. The dollar used to be pinned to gold. Today the dollar is pinned to the US military. It is the world's petro-dollar and any country that disputes that... we drop bombs on until their moral improves.
We know you can't just keep printing money forever without major hyper-inflation, but when there are more stax of $100s hoarded outside of the US than inside the US, the scam can certainly go on a looooooooooooong time.
Micheal Burry is predicting a US economy collapse, but I'm sure this random intaweb expert knows his shit. ? And by shit, I literally mean the turds he is served up daily from MSM. Why listen to Burry anyways? Has he ever predicted anything? ?
Looks and feels like a crash to me...a crash that Congress is purposely perpetuating. I mean, don't we eventually have to run out of paper to print money on? ???
I don't think it will crash, but I think there will be a correction.
And the only reason I think it won't crash visibly and spectacularly is because TPTB will engage in every form of fuckery and manipulation to make it look like it hasn't. They cannot afford the optics, and need it to appear stable to validate their NWO policy moves.
Imagine if every W2 wage slave lost all their retirements, money market savings and were hit with a 100% FICA tax increase to cover SS losses in one fell swoop. It would be like mainlining red pills to the 50% that are still asleep. Instant replay of the French 'Reign of Terror'- which would end the NWO/ Green New Deal / Great Reset real quick.
I think the losses will be spread out, rather than hedge funds and banks triggering a mass stock selloff. They'll sell stocks, bonds, precious metals, raise interest rates, ask for bailouts, loan each other money, and declare bankruptcies to cover their fuckery. The pain will extend outside the market, hitting taxes, retirements, business loans, mortgages, stuff like that. It will be a widespread recession, not a pinpoint market crash.
Great Depression ring a bell? It can crash and will eventually.
https://www.britannica.com/event/Great-Depression
So, something like 2008, but worse cannot happen? I'm assuming this means that 2008 itself didn't happen?
worse can and will happen. it's only a matter of when
as soon as the fed raises interest rates in response to an uptick in inflation, it's all over.
Thanks fam... I thought there was some fuckery w this asshole at patriots.win.
Must be a shill for the cabal.
The idea is that the US dollar is the "cleanest dirty shirt".
I've read this for at least 12 years. Yes, our fiat money is shit, BUT it's the least shitty in a world of shit. Every country holds the US dollar. The dollar used to be pinned to gold. Today the dollar is pinned to the US military. It is the world's petro-dollar and any country that disputes that... we drop bombs on until their moral improves.
We know you can't just keep printing money forever without major hyper-inflation, but when there are more stax of $100s hoarded outside of the US than inside the US, the scam can certainly go on a looooooooooooong time.
Is this the end? Only God knows.
Dang.
Must feel good living in a fog your whole life.
I'm shocked he didn't hit you with a "all the experts agree" given how much he's guzzled the kool aid.
Micheal Burry is predicting a US economy collapse, but I'm sure this random intaweb expert knows his shit. ? And by shit, I literally mean the turds he is served up daily from MSM. Why listen to Burry anyways? Has he ever predicted anything? ?
And the Titanic was unsinkable......yet...
Do you have receipts that it WILL crash?
Michael Burry
Yes, because recessions are a "myth". Bear market is a term made up to scaremonger. what goes up doesn't have to go down. Everyone knows that.
Glad all those scary stories from my grandparents about 1929 were lies. Whew, I'd hate to think of something like that actually happening.
Can someone bring me up to date on how our economy is about to collapse and what should I do to prepare.
Wicked schmaht
Looks and feels like a crash to me...a crash that Congress is purposely perpetuating. I mean, don't we eventually have to run out of paper to print money on? ???
I don't think it will crash, but I think there will be a correction.
And the only reason I think it won't crash visibly and spectacularly is because TPTB will engage in every form of fuckery and manipulation to make it look like it hasn't. They cannot afford the optics, and need it to appear stable to validate their NWO policy moves.
Imagine if every W2 wage slave lost all their retirements, money market savings and were hit with a 100% FICA tax increase to cover SS losses in one fell swoop. It would be like mainlining red pills to the 50% that are still asleep. Instant replay of the French 'Reign of Terror'- which would end the NWO/ Green New Deal / Great Reset real quick.
I think the losses will be spread out, rather than hedge funds and banks triggering a mass stock selloff. They'll sell stocks, bonds, precious metals, raise interest rates, ask for bailouts, loan each other money, and declare bankruptcies to cover their fuckery. The pain will extend outside the market, hitting taxes, retirements, business loans, mortgages, stuff like that. It will be a widespread recession, not a pinpoint market crash.