President Trump, in his TGP interview this afternoon, hinted at what should be done once the state audit show the election theft and the states decertify. Return the “goods” to the rightful owner which is President Trump.
************************************************************************************
I’m thinking that DJT will not be officially back till after the crash of the financial system. I felt long ago that the financial Rubicon had already been crossed.
I Was clearing out a storage space this past week end. I found a book I bought in 1976 - How to make money in inflation, deflation, and Recession.
The author talks about various people in other countries that survived financial system implosions. Especially for those who didn’t have a lot of resources.
One of the things he noted was they bought items that could be bartered. Alcohol, cigarettes, chocolate, etc. and some canned foods. Governments tend to confiscate food, but not these other things. So they used these to obtain their necessities, and they held value while the currency deflated.
T Bills were listed as a “safe” investment to preserve capital-not much income. Today -that’s far from certain. Gold at that time was selling for $200 per oz.
Inflation of 7-10% was labeled as approaching crisis levels.
10-20% was labeled crisis level.
20% or more was labeled as Impending financial collapse.
With the Debt ceiling/government shut down pending, I am thinking we are approaching a catch 22 situation. If the debt ceiling is not raised, we default on debt, but there will be no 3.4 Trillion boon-dogle bill for the Socialist/Commies. And the dollar will no longer be seen as a safe haven, or the reserve currency.
Should we raise the ceiling and the boon-dogle passes, other countries confidence in the dollar will be shaken, so either way, it appears the dollar has a day of reckoning coming soon.
I do hope I’m wrong about the dollar/financial crisis.
Perhaps Red October means when the U.S. defaults. That would be “in the red”. In fact, China Red.