This is a fantastic article on all of the things/events affecting the US Economy and front and center the collapsing of the US Dollar’s global influence. Includes countries shifting to other currencies namely to gold and silver backed currencies like what the BRICS countries have formulated, and brings into clear perspective the DemoLibs spending sprees from Obama forward, and the damage done by the Covid Scare. I think our US economic Near Death Experience is soon to hit. This of course will converge with everything else the US is facing Nationally and Internationally, making it appear the US as a country is certainly on the verge of utter destruction.
But keep in mind Anons it’s an “experience”. It’ll feel and seem to be so bad, but less so to us that are Awake and know it’s more controlled than not, and we will pull out at thee last second before that utter destruction.
So please dig in Anons. And world keep those seatbelts buckled and tray-tables up. It’s going to be an arduous landing that’ll not be fun at any point. But in the end, We Will Win. WWG1WGA.
This is what worries me. We have put ourselves in a good position financially (as much as we have been able to), and have food stored, improved our gardening, added laying hens, etc. But what will this do to our small business. And more importantly, what will this do to the young guys that work for us. You can warn them all you want... a 25-30 year old has not experienced a recession before, they don't really understand that no work coming in mean no paycheck and no job. Some have children, mortgages... they all have bills to pay. I was their age during the 2008 crash, both me and my husband lost our jobs. We struggled to keep our bills paid. And I think this is going to be magnitudes worse. In 2008 everything was booming until is wasn't... poof, overnight the work dried up. I really feel like we are headed to this precipice this summer/fall.
Every weekend I am putting up more food. We added 2 more garden plots this year and hope they will produce. I just hope everyone is getting ready.
If the dollar is worthless, no one will be paying bills. Will the bill collectors even want the useless fiat?
I have a contract with my bank about my mortgage, I give them 700 USD every month. Too bad if the USD is only worth 50 cents. Not my problem. They will hafta take it.
That’s what I’m wondering. Especially say if silver soars like some think it will. Then, I’ll be able to pay off my mortgage.
Here is the big misconception about silver and gold , silver and gold are stores of wealth, you might get lucky like in 1929 , if you were holding PMs you were king ,but usually it holds its value close to what you got into it . On the other hand Bitcoin is like a stock.
Yep. My mortgage is not adjustable. If dollar is worthless that's their problemo not mine
Too many people won't be ready. We're going to see real desperation.
The 2008 crash wrecked my world too. If not for friends and family, I would've ended up on the street.
These are the folks who will travel around looking to steal someone else's "ready'.
Yep, tis why we can't have enough lead.