Throughout this whole ordeal, I've balanced the axioms "trust the plan" and 'the end won't be for everyone" to assuage any personal discomfort I've had. I do believe and ascribe to WWG1WGA, but I'm responsible to a few people other than myself. I would have a hard time imagining a plan where retirees are left destitute when the cabal banking system is toppled. It's not quite as bad for the people who are currently working and pulling down an income, so long as their jobs aren't affected. But what about those who are retired or living on fixed-income? There has to be a shadow banking system in place that would replace the pyramid. I've always assumed that the phrase "the end won't be for everyone" to mean that some would die from the vaccines, or low-level collaborators would not enjoy the new system. I'd love to hear the thoughts of fellow pedes. I don't see the elderly starving as part of the plan, and not everyone can replace all of their invested wealth with precious minerals or commodities.
posted ago by electricbroth1 ago by electricbroth1 +25 / -1
I've been thinking about this, too. My wife & I both receive state pensions (from the UK), private pensions and a rental income from our house in the UK. We could survive without one of these but eating out and rides in the country would be very limited. We could survive on one of these income streams but only just.
Without any of them, I'd be looking for ways to earn pennies at age 72. I could probably do it but if everyone else was in the same boat then we'd be bartering.
What can I do to plan ahead? Stock up on food while I still have cash.
When the economy collapses, a job won’t help. Everyone will feel the burn. It’s going to be great!
God bless you for thinking of the seniors.
If the retirees go destitute in the U.S. that means retirees worldwide would go destitute and that would be more than 6% lost forever and would amount to no plan at all.
Has President Trump EVER made a statement that turned out to be untrue? No one is dying from the shot where I live (Newfoundland, the most jabbed corner of North America). I think this "died suddenly" bs is just laying the groundwork for the (fake) 'vax-strain' bolognavirus lockdowns that will coincide with the next election cycle.
Also note: WEF is made up of around 1,000 Corporations, which probably control a lot more corporations. Market Cap is somewhere between 90T-100T of publicly traded stocks worldwide and WEF controls more than half (I'm too lazy to add them all up)
So along with seizing the assets of bad players which would be measured in Trillions, government can be scaled back over time. US military budget is approaching 1 T a year alone, its expensive being the enforcer for the Cabal, but how much of the military is needed to only defend ourselves?
Are you talking about self-funded retirees, or vampiric retirees that voted for a bunch of socialist policies in their youth and punted the bill onto future generations? If it's the latter, I hope they end up destitute - and they likely will because their existence is supported by the cabal banking system. They'll have to go back to work.
For the non-leech retirees: A collapse of the monetary system wouldn't destroy all the wealth you have unless your wealth is all in fiat currency. The property and hard assets you own won't disappear. The way in which we measure the value of said property would just change as a new pricing system is introduced (whether by fiat or organically via a free market). Without cabal interference, the price of assets would rebalance - overvalued assets would price down, undervalued assets would price up.
So the question you have to ask yourself is, "what assets do I own?" and "are they overvalued due to cabal fuckery?". For example, if you are basing your retirement on the value of real estate you own, then you are likely going to take a significant haircut when it's repriced because the housing maket is overvalued due to cabal fuckery. You may want to diversify into undervalued assets.
The problem with the system is that is discourages personal accountability. The most punished people are usually the people not voting for these policies.
For context, I’m 42 and I figure that collectively my wife and I have paid about $1.1 million in income tax to date. On top of that I get hosed on sales tax, EI, CPP, property tax, etc, etc. Also, everything I buy is hyper inflated due to the tax and regulation that burdens the producers here. For just the income tax, basic investing could have turned that into over $2.5 M. We could be financially independent with potentially another 20 years of high-earning work to come.
Instead we’re barely saving anything and I’m stocking up basic supplies for an inevitable crash. I have my house 60% paid off but that won’t count for anything if things crash and it loses half of its value over night. A lot of this will come down to timing.
I look at someone who is retired and I can’t imagine what’s been taken from them over their lifetime. I’m surprised people are able to retire at all, but maybe you can do it if you got and paid off a house when it was cheaper. I guess my point is there probably aren’t a lot of what you’d term retirement “leeches”… more just a case of people that were screwed by the system for 60 years.
Spot on! I've sold all of my growth stocks with high Price/Earnings ratios and I'm buying shares of stocks that make money. Will also look at high dividend payers, although those are risky because the value will drop fast if the dividend is discontinued. Maybe some of the big utility companies. Keeping a good bit so I can buy good companies if shit hits the fan and panic selling crashes the market.
I agree with your statements regarding parasitic pension plans. I do not survive off of those. I'm a retail investor with assets in two major institutions - one of which was minorly affected by the collapse of SVB. I do have real estate assets and, yes, they are probably overvalued. But if I have to lower rent, that would mean goods and services would have to be reduced in price as well. I'm of the belief that there is a shadow economic system, just as there is a shadow government. It seems so utterly complex. I'm taking all the defensive measures I can, but I believe that your average retiree is not meant to be left high and dry.
If you consider every year more than half our wealth is stolen or used for nefarious purposes under the current economic system, then once the system is removed and the grifters taken down that wealth will be freed for the people's use. There will be great wealth available to provide for all the peoples of the world. Yeah, the changeover may be a bit bumpy as the new system is put in place but I am not worried in the least.
I'm a senior collecting SS, but had to return to work when returning to the USA, my nest egg is enough to scrape by in conjunction with my SS for 2 years. 1 Year no SS.
I'm thinking that many corporations will have assets seized and that will be seed money for the new system.
So most stock is actually owned by small players and their retirement plans and pensions, BUT are controlled by the Cabal who own a much smaller portion. As an example, Pepsi... Vanguard and the other institutional investors are mainly retirement and small investors. HOWEVER the people who make the decisions are Cabal, Same with the people running Pepsi itself. So there's some plan to use the seized assets portions of all the big corporations to fund ongoing operations,
Note: Vanguard also owns 8% of Coke.
Pepsico (NASDAQ: PEP) is owned by 70.86% institutional shareholders, 0.60% Pepsico insiders, and 28.54% retail investors. Vanguard Group Inc is the largest individual Pepsico shareholder, owning 128.84M shares representing 9.36% of the company. Vanguard Group Inc's Pepsico shares are currently valued at $22.90B.
Thank you for your input. One has to wonder what will happen to an institution like Vanguard (I divested my retirement plan with them in 2022). They have used their status as a retirement fund to skirt rules in the stock market. They are most certainly cabal, but have millions of human shields. I wonder what the plan would be to devolve Vanguard without hurting innocent retirees?
Dump their mutual funds and buy stock in solid companies, then direct-register your stock ownership with the company you bought. I'll bet the mutual fund stock churning/buying/selling/shifting stocks between funds/ etc provides ample opportunity for high stakes fuckery.
Vanguard once had a great reputation....
The money of the regular people will still be there only the portion owned by the cabal will be taken and used to fund (along with other corporations cabal investments) SS etc...
When banks fail, you will not receive your SS check because they are direct deposit. You will have zero access to funds, so you better have cash on hand for expenses.
Yikes, if real.