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The Godless Globalist World Economic Forum will bring on the Four Horsemen of the Apocalypse - Antichrist, War, Famine, Death
Posted on 02/04/2024 2:10:24 PM PST by davikkm
Billionaire investor Ray Dalio is warning about a 34 trillion dollar debt fueled tsunami that is about to strike the US economy. With each passing second, this storm is getting larger and larger, making it even more painful when it finally does hit. The fallout of which will likely be felt for generations.
With each passing second, the US national debt grows. Adding fuel to the potential debt crisis Dalio mentioned in that clip. However, until relatively recently, this hasn’t mattered much. But according to Ray Dalio, things are now finally starting to change. Here’s why.
(Excerpt) Read more at citizenwatchreport.com ...
Prior to the 70’s ( 1972?) financial institutions could NOT accept US Treasuries as collateral-or in other words assets to acquire a loan…they were considered DEBT! Since then, they dropped the law-and then people could make money on DEBT….for the thinkers- things have gone all wrong since then.
Dollar funeral 96,831.
$200,000,000,000,000 debt/unfunded liabilities and yet the US Dollar is the unparalleled king of earth without a practical replacement even existing.
I saw the future it contains: inflation, tax hikes and spending freezes.
I don’t think Nixon issued a EO on gold. But, merely told Treasury Secretary Connally to suspend dollar into gold. I could be wrong.
LOL...great pic of Perot and his charts.
Biden wants to do with federal debt what he did with student debt. Just zero it out. Already the funding of new student loans is impossible to any finance entity with fiduciary obligations. Finding investors to fund student loans when the oversight regulators cancel debt obligations is a real problem.
When TCMDO reaches 360% of GDP, the economy collapses.
It is a given.
It happened in Italy, Ireland, Spain, Portugal, Greece, and the US.
It will happen again, in spectacular fashion. We are on the fast track for it to happen this year or the next.
“ We’ll inflate our way through it: make the dollar worth 25 cents, reduce the deficit to 25% its current level. It also raises revenues by forcing people into higher tax brackets as subsistence level salaries skyrocket”
Note: the purchasing power of $1.00 in 1913 (the founding of the Federal Reserve System) is now about $.03. It’s only downhill from here.
All according to plan
Destroying Sovereign America for Satan’s Globalist Godless New World Order. /shiny side out
Daniel 7:23
King James Version
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
https://www.biblegateway.com/passage/?search=Daniel%207%3A23&version=KJV
One problem...
More than 75% of USA federal debt is owed to USA citizens, USA corporations, and the USA financial system.
They bought the debt because the USA has (had) the best credit rating in the world.
When the USA federal government crashes, international credit markets will crash with it.
Yes, I understand that.
Do you have a plan to prevent it?
A collapse is coming, period. And then the payback begins.
Nothing less than 20 million dead democrats will suffice. Do you read me, Bill Ayers! /spit
TOTAL FINANCIAL COLLAPSE IS UNAVOIDABLE.
The only question is how long can we put it off? And the longer we put it off, the worse it will be.
Already it’s going to be bad beyond our imaginations.....
Here’s what 34 trillion is. If every dollar of the debt were one second, the debt would equal 10,600 centuries. There are only three ways to eliminate the debt
1) keep taxes as they are and cut all federal spending in half and use the unspent portion to pay down the debt. That’ll take 100-120 years
2) repudiate the debt which will destroy the country’s credit rating raising interest rates to unimaginable levels
3) inflate the currency wildly. Today about $2000 will buy an ounce of gold. Inflating the currency to the point where it takes $2,000,000,000 to buy an ounce of gold will discharge debt and impoverish all of us to Uganda levels.
Guess which one is most likely.
p
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