The Entire System Is Crumbling! Major Red Flags Are Popping Up For Banks, Small Businesses and Retailers
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by Tyler Durden
Friday, Jun 14, 2024 - 12:20 AM
Authored by Michael Snyder via The Economic Collapse blog,
If the economy is fine, why are so many signs of trouble erupting all around us? Those that keep insisting that the U.S. economy is heading in the right direction conveniently ignore the very troubling facts and figures that I regularly share with my readers. When you take an honest look at the cold, hard numbers that the economy keeps producing, there is only one logical conclusion. Our entire system is crumbling, and it appears that conditions will soon get significantly worse.
Isn't most of that debt owed by the government to the federal reserve? Wouldn't most of it sorta vanish if the reserve went away or would someone else have to pick up the bag?
I think about: The US (FED) takes the assets of the bad guys & pays the debt to the bad guys? Will Americans in good standing be repaid for this forced robbery?