I listen to X22 and he says there is going to be a major financial reset. No details on how that would happen. IMO it will likely be a rough period for the economy and that is why POTUS is working so hard to make it strong now. A strong economy should be able to withstand whatever is coming.
IMO thinking that confiscating the assets of traitors will wipe out the debt is not realistic. I think that’s a bit like socialist fantasies that think taxing the rich more will wipe out poverty.
I DO think that the traitors will have their assets confiscated. I do think that will help us as a nation. But I don’t think it will be some sort of magic bullet or that it will be like we’ve all won the lottery. IMO the big payoff will be not having so much of our income stolen from us going forward. I think we all need to continue to be responsible with our economic decisions.
My fantasy that I think *MIGHT* come true is the repeal of the income tax and the abolition of the IRS. We would still have to pay taxes because the government needs money to run on, but my guess/fantasy is that it would NOT be via income tax, but instead maybe a national sales tax - at some REASONABLE rate. No way for it to happen until the white hats have both houses of Congress.
Again, JMO. I’m not an expert in economics.
> X22 and financial reset
I follow X22 as well but as far as economics is concerned he’s lower than the dweebs at zero hedge. He has no clue what he’s talking about.
Just my $00.02.
-SB