Posted on 05/30/2024 6:37:51 AM PDT by Diana in Wisconsin
"Next week: How to protect yourself for the crisis that’s coming."
What are PMs?
“Seventy six per cent of the U.S. annual budget is made up of nondiscretionary spending and interest costs on the ballooning debt.”
A recipe for success, Right? Ugh!
Precious Metals. Gold, Silver, Copper, etc.
Big Corporations hire and employ millions of people. They pay incredible amounts of payroll taxes. Please stop with this BS. The middle class is keeping the country running even though it is shrinking.
The reason why we cannot come up with fiscally responsible solutions is 50+ years of terrible government education.
Life is great for a junkie while he’s getting his fix.
“Eff our grandchildren, Let’s Party!”
So this is just another add to buy ‘precious metals’ that people can steal from you after the SHTF the first moment you try to barter with it?
I just stated that up front. The article is linked to a site I visit for PM prices. 321.gold
Just wanted to be up-front about it, and that’s why I’m curious to see what his ‘solutions’ are to the problems he stated. :)
I could use some new ideas, even though I own PMs, other investments, land, no debt, etc. Every little bit will help in the coming shiite-storm that’s on the horizon. ;)
If you buy PMs, the government will confiscate them.
But while the larger system may be beyond salvation, there might still be time to safeguard yourself.
Study the USSR to see what happens when a major world power goes bankrupt.
One thing is sure, you will need family and friends when the storm hits. better yet, a Bible.
Hollywood gets all kinds of tax breaks, yet you’ll never see a Democrat say that Hollywood needs to pay “their fair share”.
No, it’s for storing the value of your assets (whatever they may be)for the future, if there is one. Gold and silver are valueless if you lack food, water and shelter! Oh, and guns and ammo!
Much like the Soviet Union of the 1980s, our Government and elites are trying to maintain a massively bloated government, a global empire, a huge political bureaucracy, and their justifying ideology, with propaganda, surveillance and repression, control - and above all - massive debt and spending of printed, fiat money.
Unlike the Soviet Union of the 1980s, I do not think Americans are so sick-and-tired of the system that everyone will just “let it go.”
Nothing can be done.
It’s the most difficult conclusion, but it is real.
GDP is pretty much entirely dependent on the government spending more money than tax revenue — and nothing can be done about that other than population reduction.
The way to understand what GOP candidates are the most worthless are those who declare themselves to be fiscal conservatives and who vote for, and then celebrate, some measure that saves $7 billion. They get to point at that and declare themselves fiscal conservatives, when what they really are is Swamp filth.
It is a substance created from nothingness by central banks effortlessly and entirely by whimsy. They will enshroud the process with talk of yield curves and reserve ratios, but the truth is Bernanke exposed reality for all to see, and that’s forever.
Money is a substance created from nothing by decree. It doesn’t HAVE to make any sense. There are no economic laws. Nothing associated with money has to have any logical meaning. Society uses it to ease transfer of food from farm to mouth. That’s more or less it.
So what is the answer? Total upheaval. Total drainage of the Swamp. Destruction of nearly everything.
No politician can run on that policy.
Oh and buying precious metals is failure. It is failure to accept all of the above. You measure things in dollars, you are failing to understand it came from nothingness.
What has value? Calories. Buy farmland, just to get rid of the dollars.
Buy weapons.
They can’t do it remotely with a keystroke, so that’s a barrier. It would have to be physically taken.
Good advice. I agree. I don’t see a way out of this mess other than the one you stated.
Turn dollars into physical assets. (Land, homes, guns, ammo, reliable vehicles, your own gas pump (j/k), etc.)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.