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If You Think The Riots Are Bad Now, Wait Until America Goes Bankrupt In A Few Years
The Federalist ^ | February 3, 2021 | Christopher Jacobs

Posted on 02/03/2021 6:39:11 AM PST by Kaslin

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1 posted on 02/03/2021 6:39:11 AM PST by Kaslin
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To: Kaslin

So... the western economies continue to borrow themselves into indentured servitude to the Bankers, Eventually the Bankers own everything and everyone and the people are treated like cattle, to be managed for resources or slaughtered. For the Love of Money/Power/Control great Evil comes forth, and Satan Laughs.

Modern slavery is not bound with physical chains, it is walked into voluntarily with debt and enforced by contract law


2 posted on 02/03/2021 6:40:56 AM PST by HangnJudge (Amen (Awomen) brother!)
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To: Kaslin

In a few years???We be there. The American public won’t do anything until their bank accounts are effected and stomachs empty.......


3 posted on 02/03/2021 6:44:54 AM PST by chopperk ( )
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To: Kaslin

Back before Trump was elected, I told people that we’d probably be done in less than ten years. By trump’s second year, I said I thought it would be less than five. And to be clear, that has nothing to do with Trump. I think he helped extend our life.

But by late 2019, I was saying 2020 would be the last “normal” presidential election we would ever have, and even it might not be normal. And here we are.

And regarding the economy, before the virus thing I saw it collapsing within five years. And then we destroyed the economy (yes, past tense. We are an airliner with no fuel left, gliding our way down from 35,000 feet into the ocean).

I don’t see it going more than two years, and even they will be rough. And I’m talking internationally. Not just the US. This also explains my tag line from last year.


4 posted on 02/03/2021 6:47:21 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: Kaslin

kicking the can down the road has been a business model for the .gov for a while now ..


5 posted on 02/03/2021 6:48:36 AM PST by ßuddaßudd ((>> M A G A << "What the hell kind of country is this if I can only hate a man if he's white?")
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To: Kaslin

...people are getting way more from entitlements than they paid in...


For the record, that is not really true for Social Security retirees. If they had put away the exact same money they paid into SS into a CD, they would be receiving a LOT more than they are.


6 posted on 02/03/2021 6:48:54 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: Kaslin

The food shortages will be a problem.

The gas price spike will be a problem.

Rising interest rates and inflation will be a problem.

Rising unemployment will be a problem.

When people are personally affected by their “choice” of Biden (that they did not challenge the unconstitutional rule changes to voting, that they did not challenge different standards within a state for voting or curing ballots, that they did not challenge the clear and obvious fraud that occurred) then they will get angry.


7 posted on 02/03/2021 6:49:36 AM PST by a fool in paradise (Call on Joe Biden to follow Donald Trump's example and donate his annual salary to charity. )
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To: Kaslin

This does speak to why I left Seattle for rural KY and 32 acres I control.


8 posted on 02/03/2021 6:49:44 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: a fool in paradise

This is why I picked up 20 chickens in June. And a couple of Roosters to up the flock if necessary.


9 posted on 02/03/2021 6:50:31 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf

I wonder why the author didn’t cover how MILLIONS are getting more from MEDICAID, than they ever paid in.

If it was covered, then I missed it, as I glossed over the article.

It’s crazy.....people who have (mostly) NEVER paid into a system, get lifetime healthcare and longterm care...including longer term, in home care and all med supplies....while folks who’ve worked hard and paid into system get limited Medicare benies.


10 posted on 02/03/2021 6:52:27 AM PST by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: Kaslin

Silver and ammo. If silver doesn’t hold any value, I can throw it.


11 posted on 02/03/2021 6:52:30 AM PST by Nathan _in_Arkansas (Shut the deuce up!!! I'll do the fighting!!!)
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To: Kaslin

Let’s just print a Quadrillion dollars and get it over with.


12 posted on 02/03/2021 7:01:27 AM PST by HighSierra5
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To: ßuddaßudd

... kicking the can down the road has been a business model for the .gov for a while now ..

Reaganomics put the debt buildup on steroids in 1980, permitted by dropping off the gold standard In October 1976


13 posted on 02/03/2021 7:02:33 AM PST by HangnJudge (Amen (Awomen) brother!)
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To: chopperk

More true than you may know. We are totally bankrupt, the whole central banking system is bankrupt. Total collapse. Trump is planning to replace it with a quantum currency backed by gold, silver and platinum.


14 posted on 02/03/2021 7:02:47 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Kaslin

We’ll never go bankrupt as long as they can print money !!

and yes this is sarcasm for the mentally challenged.


15 posted on 02/03/2021 7:07:33 AM PST by maddog55 ((the only thing systemic in America is the left's hatred of it!))
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To: ßuddaßudd

I’ve wondered how we were getting away with it, more or less, for 25 years.


16 posted on 02/03/2021 7:08:21 AM PST by gloryblaze
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To: Kaslin

I have no doubt this is coming. the only unknown is when and some details of how.

We woke up one morning, read the newspaper and learned the USSR was kaput. Yesterday it was fine, today it was gone. It happened that fast.

Folks, study what happened to the USSR. It is a very interesting study.


17 posted on 02/03/2021 7:09:12 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: chopperk

The article doesn’t include unfounded liabilities at state and federal levels. All total Ed around $90tr


18 posted on 02/03/2021 7:10:04 AM PST by DownInFlames (Ga)
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To: Kaslin

Gold should be 10K/oz by now....


19 posted on 02/03/2021 7:10:29 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: HangnJudge
Bankers don't control crap in the long run. As soon as fractional reserve banking implodes even their body guards (The ones who happen to financially survive which won't be many) and will turn on them because their liquid assets won't mean a hill of beans when farmers and workers loose all their deposits/investments/patience.

The Federal Government does not owe anything to anybody until some military (Foreign or domestic) topples that institution.
20 posted on 02/03/2021 7:10:47 AM PST by rollo tomasi
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