One can only hope. Economic reset incoming. Derivatives bubble will collapse. Even that fraction of 1% which is unbalanced represents trillions of dollars. Pandemonium will ensue as systemic counterparty risk bankrupts everyone. When people realize their 401k's have been annihilated and they no longer have anything left to protect, we will finally be at the precipice where all will be ready for change. Everyone will be looking for someone to blame, and the deep state will be vilified and serve that purpose.
It has been a long time coming, but I can finally feel it in the air. Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin. Just wondering what things are really going to look like on the other side...
The default, the vaccine, the lockdowns, the supply chain shutting down, it is all linked. This is going to suck royally for most of the world, massive starvations.
unless:
(1). you own your own land mortgage free, which is probably a very low percentage of folks, just like during the depression. They will kick you out of your house, take your land - they won't care. "Grapes of Wrath" style.
(2). If you are lucky enough to own your land mortgage free, you'll still probably have to pay taxes on it. hopefully, you can make ends meet by working at a gas station, or sell enough vegetables from your garden to pay them until they no longer have the capability (no law enforcement support) to enforce their stupid taxes.
(3). You have employable skills. Sitting at a desk designing rockets on a computer is not an employable skill in the new economy. Neither is being an anesthesiologist - where you gonna get gas / needles / IV's, monitoring equipment? No. employable skills will be: welding, auto repair, communications, surveillance, security, self-defense, machinist, growing stuff, carpentry, etc. The ability to engineer a product like a water filter, or a wind generator out of car alternators and pvc pipe would make you a valuable asset to a community. community organizers are going to be out of luck.
In Pennsylvania, at least, you have to be three years behind on your property taxes for them to list it for tax sale. Then you only have to pay one year to stay off their tax sale list. One year at a time. So three years may buy you some time to come up with money to pay taxes.
One can only hope. Economic reset incoming. Derivatives bubble will collapse. Even that fraction of 1% which is unbalanced represents trillions of dollars. Pandemonium will ensue as systemic counterparty risk bankrupts everyone. When people realize their 401k's have been annihilated and they no longer have anything left to protect, we will finally be at the precipice where all will be ready for change. Everyone will be looking for someone to blame, and the deep state will be vilified and serve that purpose.
It has been a long time coming, but I can finally feel it in the air. Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin. Just wondering what things are really going to look like on the other side...
The default, the vaccine, the lockdowns, the supply chain shutting down, it is all linked. This is going to suck royally for most of the world, massive starvations.
Yes.
unless: (1). you own your own land mortgage free, which is probably a very low percentage of folks, just like during the depression. They will kick you out of your house, take your land - they won't care. "Grapes of Wrath" style.
(2). If you are lucky enough to own your land mortgage free, you'll still probably have to pay taxes on it. hopefully, you can make ends meet by working at a gas station, or sell enough vegetables from your garden to pay them until they no longer have the capability (no law enforcement support) to enforce their stupid taxes.
(3). You have employable skills. Sitting at a desk designing rockets on a computer is not an employable skill in the new economy. Neither is being an anesthesiologist - where you gonna get gas / needles / IV's, monitoring equipment? No. employable skills will be: welding, auto repair, communications, surveillance, security, self-defense, machinist, growing stuff, carpentry, etc. The ability to engineer a product like a water filter, or a wind generator out of car alternators and pvc pipe would make you a valuable asset to a community. community organizers are going to be out of luck.
If the people who own my house no longer exists who takes my house?
In Pennsylvania, at least, you have to be three years behind on your property taxes for them to list it for tax sale. Then you only have to pay one year to stay off their tax sale list. One year at a time. So three years may buy you some time to come up with money to pay taxes.