Rioting In The Streets! ‘This Will Not End With A Soft-Landing Whimper’ – Rubino Warns “Only A Matter Of Time Before Everyone Realizes There’s No Fix”

Confounded Interest ^ | 11/20/2023 | Anthony B. Sanders

[Kaiser8408a]

Martha and the Vandellas said it best: “No where to run, no where to hide.” We are already seeing rioting in the streets.

Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently.

Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral…”

“The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control.

We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs.

We are in the blowoff stage of a 70-year credit super-cycle.

People are going to look at this and say, ‘Do I really want to hold the currency or bonds of a country that is destroying its finances at this trajectory and this scale?’ The answer will be ‘No.’

At that point, it is game over for a deeply indebted economy. We are headed that way fast, and these wars are taking us that way even faster.”

Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.

Riots, already happening in American cities (not to mention looting in New York City, Chicago, San Francisco and Los Angeles), will accelerate if Congress attempts to curtail entitlements (now at $211.65 TRILLION).

Meanwhile, Biden keeps giving away money (student loan forgiveness, electric heat pump mandates, etc.).

[RightOnTheBorder]

Can’t even go the historical insolvency route and start a war because we owe the money to ourselves. Anybody under 60 better be operating under the assumption of no SS and no Medicare. If there is any justice federal pensions will go bye-bye as well but I’m not holding my breath.

[EBH]

Was listening to a financial analyst...he was predicting this all goes sideways and down in 3-6 months.

Normally they talk about observations, not predictions. Plus I am starting to see chatter regarding the impending crash in the normal media. If they are talking about it, it is about to happen.

Reverse Repo Draining Fast! What Happens When It’s Gone?
https://youtu.be/bTNFLD0w4s4?si=ZrjCqmOsgKe6QzfS
The Reverse Repo has been quietly injecting money into the bond market since the debt ceiling was suspended in June. There is now just $912B remaining, down from nearly $2.3 trillion just a few months ago. Now the question on everybody’s mind, what happens when it gets to zero? Joe Brown from @HeresyFinancial joins me to talk about what happens next.

[BipolarBob]

What??? Work??? Never. Stealing, looting and robbing will be the order of the day. There won’t be any jobs for these clueless leeches with no work ethic and an inability to (1)follow simple orders (2)Show up on time and (3)put any effort into any task because they are constantly on their TiTok and messaging apps.

[tired&retired]

It’s far worse than the numbers you folks are bouncing around.

Take our total revenue from all sources at $4.4 Trillion last year.

Subtract Social Security and Medicare Taxes included in the Total Revenure as they are Trust Fund Taxes. They were 28% of revenue or $1.23 Trillion.

$4.4 Trillion less $1.23 Trillion is $3.17 Trillion General Fund Revenue.

Current debt is over $33.7 Trillion.

At 5% interest, that is $1.7 Trillion interest.

Or

$3.17 Total General Fund Revenue divided by $33.7 Trillion total debt is 9.4%

That means that if the interest on the debt reaches 9.4% it takes 100% of our revenue just to pay taxes.

By the way. It is very obvious that they inflated the total revenue to reach $4,4 Trillion. That’s why they bumped it up by a half trillion and published the figures way late this year.

I have screenshots of the US Treasury web page days before they adjusted it upward and it was $3.94 trillion with Social Security and Medicare at 37% of the total revenue, not the 28% they claimed it was in the final fudged financial statements.

[odawg]

Your two words don’t match the printing presses of the Federal Reserve. The underfunded liabilities will unfold over time; the printing press disaster is just around the corner and will sink all of us way before the underfunded liabilities kick in.

[Myrddin]

My wife is retiring Dec 27th. She has done the song and dance to start social security and Medicare on January 1st. I'm not retiring this year because I don't trust that those resources will be available much longer. The work that I do is funded via the government, so I'm going to squeeze the last blood from the turnip and let my retirement be because the US gov can't pay my employer to pay me.

[Myrddin]

WEF and Harrari say they don't need us. They just need a small remnant of the population to service their every want and desire. The rest should die. Frankly, it is the other way around. Nobody needs the WEF or their acolytes. We would all be better if they evaporated.

[Taffini]

*

[Ronaldus Magnus III]

“”When is the gubmint gonna give me my three electric automobiles?””

With the current democRAT/RINO mindset, if the government gives you a three EVs, the government can ‘collect’ the EV tax subsidies. It is similar to Nana Pelousy when she stated that the high unemployment numbers were good because the government unemployment checks would stimulate the economy. Some democRATS believe this crap, and others just try to read the teleprompter.

[Taffini]

*

[Bob Ireland]

***Nobody needs the WEF or their acolytes. We would all be better if they evaporated***

It is part of a great spiritual battle; it depends on whether we are entering the Great Tribulation or not. I hope that your wish comes true. It may be out of our hands. I was in doubt about the 'times' until Harari surfaced. That small voice spoke to me that this is 'a false prophet.' We will see.

[showme_the_Glory]

This is the end, my only friend the end. Jim Morrison

[SaveFerris]

He’s definitely helping to pave the way just like Frankie and other liberal churches that don’t take the Word of God literally

[SaveFerris]

(Was listening to a financial analyst...he was predicting this all goes sideways and down in 3-6 months.)

BidenDepression 2023 / Spring, 2024

[SaveFerris]

IMHO we are approaching the Tribulation

I’m wondering 🤔🤔 when Ezekiel 38 starts

Hang on and keep praying and looking up

✝️🙏🛐

[SaveFerris]

(the 'man of perdition'.)

He is definitely coming. Also his buddy the False Prophet:

The world 🌍 will believe in 'Globalism' and 7 years of 'Peace and Security' (for the thread)

And be deceived by the False Prophet and the False Messiah.





(lurkers please click on my screen name to see my FR homepage for more information)

[Bob Ireland]

***I’m wondering 🤔🤔 when Ezekiel 38 starts***

I am not blessed with perfect revelation but I am skeptical of this specific prediction. Revelation chapter 20 seems to place Gog and Magog after the Millennium of Peace. If we have had a thousand years of peace I have missed it! 😉. I concede that the Gog phenomenon repeats in Ez 39 so perhaps there is an occurrence before the Millennium and an occurrence after the Millennium.

Still, I don't stand dogmatically on issues that I do not have revelation; I say the same for the Rapture; I am not absolutely sure of its occurrence or when it might happen - but I am all for it! 💯

I have a web page with a prophetical calendar, based on the Julian Calendar. It appears all wrong when I apply the dates in comparison with the modern Gregorian Calendar but I plead that the mismatch is due to the original matching - the year 4713 B.C - by Joseph Scaliger in 1582; he opined that that date was old enough to include all significant world events. The true matching remains elusive. My personal prophetic guide seems to endorse that date. ❓❓

On my calendar you will notice that it accounts for the 'little season' of Satan following the Millennium and the number of years is part of my interpretation of numbers universally for the whole Bible.

I am not being argumentative, just proposing a study of my Bible pursuits... if you are interested. 🤔

[SheepWhisperer]

...things the truly awakened by God’s Spirit say.

You’re perseverance as a watchmen is commendable brother.
Stand strong, despite any dissent you may encounter
And then...continue to stand

=o)

[SheepWhisperer]

When it collapses, the globalists make the rapid control move to global governance. Unfortunately, most will view the control moves as a most excellent solution.

“Give us a king to rule over us”.

The penultimate king will not be the good they called out for, but the evil which destroys them, yet they are blind to this.

[SaveFerris]

(...things the truly awakened by God’s Spirit say.

You’re perseverance as a watchmen is commendable brother.
Stand strong, despite any dissent you may encounter
And then...continue to stand

=o))

Thank you for your kind and encouraging words. It has been a long and very rough road. It still is in many, many ways.

Any prayers 🙏🛐🙏🙏✝️🙏 are deeply appreciated.

God bless you.

I can only pray some of these things, like the Bible verses and memes of same get widely distributed before the fourth worldwide 🌍🌎 New World Order of Daniel 7:23 gets in place.

Then, it will be nigh impossible for Tribulaton Saints to share the Word of God.

But many WILL prevail and reject the Mark of the Beast. Hallelujah!