Hah, Lau, sort of hard to grin and jump into the rest of a "happy go lucky weekend" after those revelations, and yet of course, we still do owe it to ourselves, not as insufferable debt but as the privilige of being alive, to be happy when we can. And we can. You, too. Best, Jay
30-year bonds at 5%+ yield is a stark reminder that decades of cheap money may be behind us. Institutional investors worldwide are taking notice—and adjusting accordingly.
Porter Stansberry has a new book called 2029 - End of America. He goes through all the numbers and statistics of all kinds of things. There are a few really good history lessons too about what wealth is and some great examples. It's not all doom and gloom either, but it is very clear about what's happening.
As soon as we're all in their digital control grid, there's no need for QE any longer, because your "money" becomes programmable and earning and spending of it conditional. Your life and everything around you gets tokenized, you own nothing and ....
Yes I think this whole system was engineered to deliberately fail so that the very crime syndicate that created it can ride to the rescue and bail everybody out and then IN to their new digital tyranny.
I am reminded of a poster that used to tell you what your options are in the event of a nuclear war. Store food and water, create a safe shelter from sandbags. Stay away from sources of flammable goods and windows etc. Ensure that your children are safe. And finally, put your head between your legs and kiss your ass goodbye.
Something is going to break, if it hasn't yet already done so. The implosion of the global financial system will be one for the history books...
The good news is that the interest payments on the debt will no longer exceed the military budget once they get the military to $1.5T : )
Hah, Lau, sort of hard to grin and jump into the rest of a "happy go lucky weekend" after those revelations, and yet of course, we still do owe it to ourselves, not as insufferable debt but as the privilige of being alive, to be happy when we can. And we can. You, too. Best, Jay
30-year bonds at 5%+ yield is a stark reminder that decades of cheap money may be behind us. Institutional investors worldwide are taking notice—and adjusting accordingly.
Porter Stansberry has a new book called 2029 - End of America. He goes through all the numbers and statistics of all kinds of things. There are a few really good history lessons too about what wealth is and some great examples. It's not all doom and gloom either, but it is very clear about what's happening.
As soon as we're all in their digital control grid, there's no need for QE any longer, because your "money" becomes programmable and earning and spending of it conditional. Your life and everything around you gets tokenized, you own nothing and ....
The Genius and Clarity acts curved it in stone.
Yes I think this whole system was engineered to deliberately fail so that the very crime syndicate that created it can ride to the rescue and bail everybody out and then IN to their new digital tyranny.
"Trouble is, interest expense alone is running at roughly $1 trillion a year — more than the entire military budget."
Don't worry. They have a plan to fix that: Increase the military budget to $1.5 trillion. Problem solved. :-/
Lau,
I am reminded of a poster that used to tell you what your options are in the event of a nuclear war. Store food and water, create a safe shelter from sandbags. Stay away from sources of flammable goods and windows etc. Ensure that your children are safe. And finally, put your head between your legs and kiss your ass goodbye.
Something is going to break, if it hasn't yet already done so. The implosion of the global financial system will be one for the history books...
💯
Stay safe guys. The fun seems to be just beginning