https://www.binance.com/es/feed/post/174674
These crypto systems are not backed buy anything. It is plain crazy to loan these crypto companies money from the housing market. It seems our leaders know how to take a bad situation and make it 10 times worse.
And to make matters worse, Russia Oil Decree is set to go into effect on Feb 1st. .
I heard Russia is expected to cut oil production by couple billion barrels, Saudi / OPEC refusing to increase production. Soon China and Russian will fail to accept the petrodollar. The petrodollar system plays a large part in maintaining the US dollar as a viable currency. The $31 trillion in debt is 130% of our GDP. Most countries fail economically when the debt to GDP ratio gets above 100%, we are long overdue.
I'm fairly certain the Evergrande Chinese collapse still looms in the background. It seems that all the pieces for an entire financial collapse falling in to place. This is the event that could usher in some hyperinflation, we can see oil prices skyrocket, food costs could get crazy expensive.
This scenario has been predicted and will be used to destroy the international banking system. The destruction of the Federal Reserve was part of Trump's plan to free us from these thieves. We see a bill in place to eliminate federal income tax that will play a part to ease the pain on the American people.
Buckle up patriots, its going to get dicey soon.
I'm gonna make some popcorn, smile and watch the fireworks, let it burn!
WWG1WGA!!!
More importantly, will the pensions many of us are drawing on that we worked so hard for all these years be gone?