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I believe President Trump can insulate the US from the coming global financial crisis. That said, do remember trade and commerce has marched on throughout time.
Choosing wisely will enable some to make it to the other side.
TxGator, Moneyback, I have pushed the ignore button…..carry on.
The Big Bang of the sovereign debt crisis began in 2015.75, as indicated by the computersMartin Armstrong, the scammer and convicted felon hindsight forecaster, changed his prediction:
Annnnnnnd .... just like clockwork the PesoBackGaytor ego troll posts on an Armstrong thread 😂
“I believe President Trump can insulate the US from the coming global financial crisis.”
How?
A re-set is coming.
The only question is: when?
War too!
This is the REAL reason for the Global Warming scare.
The ruling class has ran out of $$$ and they need to create a global tax so they can save their power.
“The Big Bang of the sovereign debt crisis began in 2015.75”
Will this come before the US civil war that you predicted would start last week?
Can we hold off on the crash until I get my house sold? I’m working to have it done before Memorial Day.
“after World War II “ which was also approximately 10-15 years after devaluation of currency against the gold standard.
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Notably, as Argentina's Milei and others have demonstrated, major cuts in government spending can restore real economic growth and make it possible to reduce debt loads even in chronic basket case economies. Trump and DOGE are now undertaking a similar effort on behalf of the US, albeit in much less dire circumstances.
In a projected global debt reckoning, the United States has a privileged position due to our political stability, immense productive capacity, technological skill, cultural appeal, and global military power. These underpin the dollar's role as the primary global trade and reserve currency. Indeed, much of the dollar creation and borrowing that the US has engaged in over the last fifty years was spurred by the global demand for dollars and associated US government debt instruments.
The bottom line: the global debt bomb is likely to be gradually defused, country by country, year by year. As that happens, a general crisis will be avoided and the demand for dollars and US government debt will continue to benefit the US. That will provide the opportunity to put our own finances in better order.
As for central bank gold buying, it is more a hedge than a sign of impending doom. Living in Florida and having experienced many hurricanes, you lay in supplies and prepare for the worst but, in the event, most hurricanes are not very bad. So also with warnings of general economic crisis. Most such crises never quite materialize even though people, countries, and central banks take precautions.
Knowing what is takes some effort.
Knowing what will be is frequently just a guess.
Humans have become quite adept at muddling through.
Starting to seem 1930s stuff coming back around.
The Great Reset is coming.