Posted on 09/29/2024 4:02:28 AM PDT by george76
For the last couple of months, I’ve been noting various articles in which very rich people are taking some remarkable steps:
Buffett’s vice chairman dumps over half of his Berkshire shares..
Warren Buffett offloads Bank of America shares worth $982 million in latest sale..
Buffett’s Berkshire offloads Bank of America shares again; total sales near $7 billion..
Berkshire quietly dumps half its Apple shares amid unprecedented selling spree..
Blackrock reveals it’s quietly preparing for a $35 trillion Federal Reserve crisis with Bitcoin..
Jeff Bezos sells another $863.5 million of Amazon stock..
Now, clearly wealthy people are always shifting around their financial portfolios. Still, these activities were unusual enough to warrant media attention. This begs the question, what do they know that we don’t know?
Wealthy people (usually) aren’t fools. They watch the economic climate. It’s (usually) how they became wealthy. And the economic climate they’re watching apparently is worrying them.
Now consider these headlines:
JPMorgan CEO hints at looming crisis worse than recession..
Interest on U.S. debt surpasses $1 trillion for first time ever, exploding August budget deficit to record high..
An economy so strong it requires crisis-level fed action And, of course:
Household debt hits record $17.8 trillion..
Conclusion from all these headlines: Something big is coming, and it’s the little people who will get hurt the most.
...
Everyone is predicting what kinds of bad stuff will happen if Kamala wins. The tax plans and economic policies she’s outlined (including raising the corporate tax rate from 21 to 28% and taxing unrealized capital gains) are making wealthy people nervous.
One hedge fund billionaire said the proposed tax on unrealized capital gains on individuals making $100 million or more was particularly troubling and “would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.”
But a Kamala presidency is predicted to impact the lower to middle-class the most. Increased regulations, taxes and inflation always hit the lowest sectors the hardest.
But not as many people are predicting what kinds of bad stuff will happen if Trump is reelected. The Deep State pushback against his leadership is likely to be vicious and could include everything from deliberately crashing the economy to triggering terrorist sleeper cells.
As Trump himself said, “Our country right now is in the most dangerous position it’s ever been in from an economic standpoint, from a safety standpoint.. You could end up in a depression of the 1929 variety. We’re very close to that, and we’re very close to a world war.”
One person noted, “I believe they will INTENTIONALLY crash the economy right as [Trump] takes office. They will intentionally make it worse than 1929, so that he is so burdened and so distracted and in such a hole that even all of his brilliance will take four years just to dig us out and get us back to ‘normal,’ and then they will succeed because he will not be able to get anything else done during that time. All efforts will go towards rebuilding our economy from the rubble.”
...
Even a former FBI agent is suggesting stocking up on three to four months’ worth of food, arming yourself, and clubbing up with neighbors. Again, what does he know that we don’t know?
Something is coming, folks. Something much bigger than we as individuals can fight against. Whether that something is medical, economic, societal, political, or some combination therefore – the point is, something is coming.
Whatever this “something” will be, it’s almost a sure bet it will nullify our constitutional rights of speech, religion, self-defense and other critical issues. Interpret that as you will, but don’t ignore the ramifications. This “something” may also impact your financial security (if it hasn’t already) and even your food supply.
Whatever steps you choose to take, take them now. Something big is coming, and we need to brace for impact. Food for thought as the election looms dead ahead.
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I expect riots if/when Trump wins
“And no mention of Nanzi’s very recent insider trading tip for half a million?”
Guess not. I was scanning the article for that, too.
Interesting note I work for a Financial Intuition which I will not name at a mid level and we have been buying up smaller Intuitions at a rapid rate (2-3 a year) but in March that has been stopped and when I asked why I was told it was not favorable to do so now, just out of the blue and could not find out any specific reason.
1st Thessalonians 5:17
Bible King James Version
Pray without ceasing.
Makes sense. Stupid selfish people do stupid selfish things. When dolts make a point to mask up and social distance, don’t expect too much of them later on.
It appears we had a warning, eh.
Revelation:
20 Nevertheless, I have this against you: You tolerate that woman Jezebel, who calls herself a prophet. By her teaching she misleads my servants into sexual immorality and the eating of food sacrificed to idols. 21 I have given her time to repent of her immorality, but she is unwilling. 22 So I will cast her on a bed of suffering, and I will make those who commit adultery with her suffer intensely, unless they repent of her ways. 23 I will strike her children dead. Then all the churches will know that I am he who searches hearts and minds, and I will repay each of you according to your deeds.
Trump wins. Then he tells the nations cops no more Mr. nice guy. Use shields and batons to bruise the arms of the protesters. They’ll retreat.
[Trump wins.]
I certainly hope so.
WND = FOS
And those who allowed and those assisted in the invasion are criminals..
“Everyone is predicting what kinds of bad stuff will happen if Kamala wins... “
Kamala continues to have the edge in the betting odds I’ve seen.
I think it’s safe to assume that none of these posts were made by the real Charles Payne or Larry Kudlow.
It’s must worse today than when that gif was made.
China, India, Pakistan and Israel will all launch their missiles, too. And be hit hard as well.
“This is my command—be strong and courageous! Do not be afraid or discouraged. For the Lord your God is with you wherever you go... you belong to God, my dear children. You have already won a victory over those people, because the Spirit who lives in you is greater than the spirit who lives in the world.”
— Joshua 1:9, 1 John 4:4
Good thoughts...
I’m in the process of buying some small campers..
I have 40 acres here on the farm and so lots of room
to park them... mostly I want smaller 30ft or so older campers.
I have two wells and a pond, I just ordered two old fashioned hand pumps.
I have stored the necessities as you recommend.
Still could use more stuff though!
Thinking of pulling out my 401k before the collapse... but what to do with the funds?
I live in a state that has chosen to make silver and gold acceptable as a payment method for goods services and all payments due the state... so I have the property tax thing covered here...
>> “And no mention of Nanzi’s very recent insider trading tip ...” Guess not.
Nanxi and Paul have learned how to keep their level of grift below the radar.
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