When Yellen says she will bail out SVB, where does the money come from? It's printed from thin air at the expense of the Federal Reserve.
Trump added nearly $8 trillion to the debt.
https://www.propublica.org/article/national-debt-trump
Biden has added more than $3 trillion in debt.
What does all this debt do? Depreciates the currency, increases the price of everything.
How does the Federal Reserve typically reduce inflation? Raise interest rates.
The increased interest rates on our national debt means the people have to pay more taxes to cover the spike.
Do you think the people will tolerate more taxes? We are already paying 30-40% when you add all the taxes together. Biden going to raise the tax rate on everyone?
Trump put our current financial system into hyperdrive to collapse. Why?
Ridding ourselves of the Federal Reserve salvages our financial freedom.
We are at a point where the Federal Reserve is saying "what the hell do we do".
When the Federal Reserve took control of our currency they promised to control spending, maintain a stable economy and hold interest rate to a minimum.
They have currently broken that contract with the people. Their system is now destroyed. Banks are failing, one by one, down she goes.
The globalists think they will roll in a CBDC, the people will never accept it.
The financial collapse will be accompanied with all the evidence from the pandemic, government corruption, FBI corruption, Ghislane Maxwell evidence, Ukraine money laundering, election fraud, etc, etc, etc.
All the people will be saying, fuck this shit!!! Make it stop!!!
In steps the military and I think simultaneously, military's around the world will step up and begin the swamp drain. There is already societies around the planet who have been pushed to the precipice with the Covid vaccine tragedy.
We are closer than ever to a complete collapse of the old system and it is snowballing on magnitudes that can be measured by the day.
Stay safe my frens!!!
WWG1WGA!!!
So I'm thinking this might be my chance to pick up some cheap real estate when it's all over. All these bank executives and CEO's & etc will have to sell off their real estate when banks collapse. There will probably be an influx of nice property. I'm pulling out money to use if SHTF, but also if I don't use it, hopefully there will be some nice property for a good deal I can get!
I bought my house from a bank in 2009 after the housing crash. All in with all fees was $408k. At the high (early ‘22) it would have sold for close to $1.3m, and today is worth about $1m.
I also bought a condo in 2011, purchased from a bank, for $259k. I made $1,350 per month positive cash flow (after expenses) on the rental income, until I sold it in 2019 for $470k.
It’s horrible that so many lost their homes in the 2008 crash, but on the flip side, like you said, there is also a golden opportunity.