A stock market crash would destroy generations of hard working simple folk. Mr Frank who has worked 10 hours a day for 30 years, finally about to retire and enjoy life after his kids left the nest, so he can just relax and provide his kiddos with a nice boost when its his time. Wiped out. Any improvements that had hoped for his children and grandchildren no more.
White hats can't let the market crash that bad. Q states that normies will be "okay". That has to also include the stock market. If returning to gold standard is a thing, then it has to include some sort of 1-to-1 conversion from existing assets.
There are always casualties in war but I cant see sending billions back into the stone age as an acceptable outcome. So either there is a plan in place to right the ship after the market crashes to zero or they have a plan to prevent such an occurrence.
Totally agree with you!
A stock market crash would destroy generations of hard working simple folk. Mr Frank who has worked 10 hours a day for 30 years, finally about to retire and enjoy life after his kids left the nest, so he can just relax and provide his kiddos with a nice boost when its his time. Wiped out. Any improvements that had hoped for his children and grandchildren no more.
White hats can't let the market crash that bad. Q states that normies will be "okay". That has to also include the stock market. If returning to gold standard is a thing, then it has to include some sort of 1-to-1 conversion from existing assets.
There are always casualties in war but I cant see sending billions back into the stone age as an acceptable outcome. So either there is a plan in place to right the ship after the market crashes to zero or they have a plan to prevent such an occurrence.