If nothing else, I hope this 'Plandemic' shows people how important it is to have your financial house in order! There's really nothing that Government can do, aside from re-implementing their FAILED policies of the past.
I've read Charles Hugh Smith for years now. Plan accordingly. ;)
Debt free here - no worries
Does this mean you can’t borrow your way to prosperity also??
Good news for the Amish ... they need more farm land.
Full disclosure: At first, I wasn’t going to take the $1,200.00 ‘Free Government Cheese’ cash due to my principles. But, I did. *GASP*
I gave 1/3 to charity ($400), tucked 1/3 away in cash ($400) and ‘invested’ the other 1/3 ($400) in ‘prepper’ supplies, as Dad and Grandpa taught me.
So, really, only $400 went back into the economy. That was probably NOT the Government’s plan, hoping that I’d blow it all on ‘stuff’ but it’s MY plan and that’s what matters to me. ;)
If I still had a mortgage, I would’ve applied all $1,200.00 to the principle of my loan.
Yes. Besides, there’s much more money in standing up to make parts or other useful things on U.S. soil than in being on your knees to service foreign tourists. Put on your masks, and get to work after work.
This guy is correct. However, to point out what he has to say can get your head taken off.
They actually could do 8 to force 3. Also, if they make up enough funny money, they could cause enough dollar devaluation to force 3 as well.
I still think globalism is actually going to come out of this even stronger. We shall see. Hope I am wrong.
This article is a bunch of dogsh1t. Globalization and expanded trade will continue. And global finance will continue to drive it all. The USA is the financial center of the world and it gives us much of our power.
The financial depression of 1919-20 had more to do with World War I ending unexpectedly, and lots of war production contracts for the Great 1919 Offensive being abruptly cancelled, while the agricultural markets had been flooded with product produced (at the exhortation of President Wilson) on credit.
The recovery began when the government wisely not only reduced government spending and cut taxes (leaving more liquidity in the broader economy), but stepped back and let those firms and investors that had overleveraged themselves collapse. There was no artificial propping-up of “too big to fail” companies that learned nothing, the bad debts were allowed to clear, and confidence was restored for the start of the Roaring Twenties.
Hopefully it brings people to the realization of self-dependence. We just blew more government spending in one giveaway than ever in the history of the USA, even in wartime, and it barely paid for 1 month’s mortgage. There is no amount of money in the world that can lift anyone except the hustlers in government.