[catnipman]

“You don’t get it. The economic system will crash. It is coming. The day of reckoning cannot be put off much longer.
Seizing the IRAs and 401Ks will be easy when the “crisis” is here”

Of course it’s going to crash, but then what’s the point of “seizing” any paper assets at that point since the crash will have already rendered them worthless? It’d be like seizing wheelbarrow loads of paper currency when the Weimer Republic crashed.

[SkyPilot]

Of course it’s going to inevitable economic crash, but then what’s the point of “seizing” any paper assets at that point since the crash will have already rendered them worthless? It’d be like seizing wheelbarrow loads of paper currency when the Weimer Republic crashed.

Good question.

The answer is that this inevitable economic crash will be unprecedented in American and world history. The data adds up: fictitious pumped US Stock Market, European Union phony Bonds, unsustainable Japanese debt and deficits, Chinese Yuan meltdown, commodities implosion, and on and on.

People's IRAs and 401Ks will probably lose half their value, maybe more. I think the US Stock Market will go to 9,000, perhaps lower.

But, that is still a LOT of MONEY that the government will desperately need in the future "Crisis."

What else are they going to do? The Central Banks will not be able to move decimal points on flat screens. Chaos will endure in the inner cities. Ferguson MO will look like a picnic in comparison. Political rhetoric will put Stalin and Mao to shame.

They WILL take your money. Count on it.