I think everyone here understands that Federal Reserve and Central Banks have controlled the world economy by controlling the money supply. Everyone also knows that Trump managed to free the Fed and that is the reason why he is able to do a lot of things that normally would not have been possible.
My guess is that, when the Storm hits us there will be a huge upheaval in the World economic system - Wall Street might not even exist anymore (all they do is manipulate the stocks and launder money for the Cabal).
Couple of things will probably happen:
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Stock market might get wiped out
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The existing crypto (which is also deep state controlled) might get wiped out
Please take a moment to do your own research. Look at your exposure to stocks and crypto and try and figure out what you want to do about it.
Do some research in to new crypto standards that are coming to forefront. Its possible that blockchain will replace the stock market to make a transparent exchange that cannot be manipulated.
Spend some time on Superstonks reddit - there is invaluable information there. Research into GME and AMC stocks. Make sure you all learn as much as you can about all this and be prepared!
Yes wiping out the accounts of millions of retirees can not be a part of the plan and can not be allowed to happen. My Dad survives on his 401k and his IRA. Wipe out the stock market and he is destroyed financially. Ive tried to get him to move something out of the market but he resists. Same with Banks.
I cant believe that we become a nation of paupers. If we do thats not winning, that is a clear loss.
This is inherently a false premise.
Why do I say this? The 401k is Promisory and based on money that simply does not exist.
If you look at the USD and how it works - every 1$ created out of thin air creates a debt of $0.30. That’s a %30 debt. That 401k is inherently only %70 there and possibly much much less than that in non-speculative Value.
Unfortunately that’s how hedge funds and all of this work. They overload meanings of finance to the point you need an Economic PHD to even sort of grasp the abstract of their case.
That does not bode well for security.
Tangible will beget the non-tangible very soon.
Look to the world - what nations are doing what?
Aggressively Stockpiling Gold
Money isn’t designed, as it currently exists, to persevere. Inherently we have at least a %50 reset coming and this is being echoed more and more every day
Hell Blackrock is sending shit tons of Money to China to invest and Soros kf all people warned them, publically, “that’s a really fucking bad idea”
Look at China now. They’re falling apart. It’s not very public but they are totally fucked. They are running internal Coups left and right and purging within the CCP itself rapidly. They are out of cash.
I predict that soon we see the Tariffs Trump put in place addressed by Zhou Buyd-Him. With those Tariffs China is literally imploding. The communist model is NOT working. Everything saying it is - projection. They thought they would have won long ago and despite stealing Tech they can’t make it for shit.
Aren't talking about Social Security? But you're also directly conflicting yourself -
So a 401K does exist but at only 70% stated value?
Depends entirely on what funds the 401k has allocated.
I was speaking to the premise that any 401k is based on the USD and the USD is inherently a debt-backed currency meaning that from the point of origin all the USD is doing to do is degrade in value.
https://demonocracy.info/infographics/usa/us_stimulus_package_10_trillion_2020/us_stimulus_package_10_trillion.html
Basically if you want to save money the worst thing you can possibly due is leave the money as US Dollars.
Converting to Gold / Silver / etc is mandatory thing.
Elsewhere here someone said that diversifying is wise - I couldn't agree more and add that you want to have a significant portion in your literal physical possession.
People are going to watch wealth literally just evaporate.
Years worth of work - it will literally just be a few pixels on a computer screen / cell phone go away.
Whatever. His 401k FEEDS him and my mom. Keeps them warm. Clothes them. It is his only source of income. Illusory? It isnt to him.
?
You seem to be taking offense.
I'm not sitting here on a computer miles away figuring out a way to gaslight anyone that has a 401k.
As I said previously - diversifying that 401k is always a good idea.
This thread is about how someone can prepare for economic changes coming down the pipe.
If you want to prepare by not preparing that's all you ( or I guess him ). He won't be alone.
Personally I've helped my father diversify his wealth into a number of avenues.
We even took advantage of the changes Trump pushed in so we could easily move the 401k / IRA money that we both had saved into more diversified means.
I personally believe if there can be a clean break there will be, and a way forward that is based on the gold standard but as we saw in 2008 they don’t give a rats ass about any of us, Those that are awake can deal the best we can but of those not awake I have no idea how this will come out. I have tried to warn people but they think I’m nuts so there you go.
As is the entire nation. Half of all citizens are invested in the market.
Ask yourself whether Trump (a) can see this coming and (b) has already figured out more than one way around it so everyone not only doesn't lose their life savings, but sees it grow beyond their wildest imagining
It would be worse than that. The stock market being wiped out would cause catastrophic issues. It would literally be the end of the world as we know it. The only ones that would survive would be the ones that can sustain themselves grid free.
https://www.coinwire.com/trump-officials-formally-meet-ripple
https://www.yahoo.com/now/trump-pardons-ripple-board-member-064153917.html
Unless something else turns on when old system turns off.
Yeah, XRP tied to gold. Just like we want. Best of both worlds, fast money between countries on the gold standard.