Are you ready for the crash?

[smokebreaks]

Expanding on the last post I made, I’d like to explain a bit more in what the details are that leads me to believe that our global economy is going to be taking a hit.

Along that path, the government is expected to pass the following milestones: It will spend more on interest than it spends on Medicaid in 2020; more in 2023 than it spends on national defense; and more in 2025 than it spends on all nondefense discretionary programs combined, from funding for national parks to scientific research, to health care and education, to the court system and infrastructure, according to the CBO.

https://www.wsj.com/articles/u-s-on-a-c ... 1541937600" onclick="window.open(this.href);return false;

Now, this references the 1990’s and George HW Bush and his raising taxes to put a band aid on the shotgun blasts that resulted in money hemorrhaging from Reaganomics we’re about to see a really tough equities market at the same time the current administration’s inimmigration and trade policies are seeing agricultural commodities unstablized due to market volatility.

Dairy and produce farms can’t find workers and can’t sell their goods due to tarriff uncertainty and trade disputes with the nations that have long been the major consumer you look at things, and the picture we are seeing is not looking good.

Your thoughts?

[Dick Fein]

I may have picked up a bar or 2 of silver and a years worth of dried beans and flour and rice etc...

[Jesús Malverde]

It's a bull market for doomers, no doubt, but the Federal debt is the least of our problems. Look into MMT for the reasons why. Government debt is basically the reciprocal of public savings and government spending isn't funded by taxes, that's all austerian bullshit so they can cut social programs while bailing out financial institutions and fund military spending with trillions of those fiat USD with no real accounting principles or fiscal discipline ever being applied. It ain't easy to wrap your head around but once you do things like the DoD never having been audited (that same DoD has run on pure MMT principles for decades) and QE finally make sense. The US as a sovereign fiat money issuer can never be bankrupt and in the end the only real hard constraints we face are resource-based rather than fiscal. Not to minimize those hard resource constraints, when you are killing the planet, money hardly matters one way or the other.

[Dick Fein]

The GSM is going to make all this moot.

[bentech]

the leading orchestrators of collapse have learned to make them slower in operation soas to allow the easy ridicule of anyone who sees it happening...

[Butcher Bob]

Look into MMT...

Fairy dust....all you have to do is believe.

The GSM is going to make all this moot.

Global System for Mobile?...how so?

[bentech]

to be clear when hes says "is the least of our problems" it is predicated on IT as one of a short set of choices whenever the subject comes up


like there aint nobody against voter id
the minutes you can roll it out without targeting protected classes in the process youll learn this...

[Jesús Malverde]

Look into MMT...

Fairy dust....all you have to do is believe.

MMT is the diametric opposite of fairy dust. It describes reality *as it exists* and still nobody believes in it. MMT is how the military and the financial sector get and have got fed for decades with no actual fiscal accounting ever being applied. MMT is the child in "The Emperor's New Clothes" pointing out reality and nobody believing them because the truth contradicts their lifetimes of full-spectrum indoctrination. The fairy dust is the confusion between an economy denominated in a sovereign fiat currency, which is also a global reserve currency, and a household budget. You don't have to believe in MMT any more than you have to believe in a ~spherical Earth; neither is dependent on a consensus to be reality.

Read the following link from the Michigan State University economics department describing in clear and umabiguous language how MMT principles have been used to unaccountably fund the Military Industrial Complex to the tune of 21 *Trillion* USD and then tell me MMT is "fairy dust".

https://msutoday.msu.edu/news/2017/msu- ... o-conduct/" onclick="window.open(this.href);return false;

The brighter lights in the elite status quo have used the superior descriptive power of MMT to (literally!) unaccountably pour trillions into their pockets and those of their allies for decades, while at the same time publicly denying the principle as a rationale for kicking down on ordinary people with austerity and "how do we pay for this?" narratives to deny funding to social programs at odds with their Randian impulses to punish the poor and increase the power leverage of their wealth.

Your (and most everyone else) not believing in MMT is the tool they use to steal from us all in plain sight and to never be confronted with the reality of their thefts. I'm just the boy in the fable pointing out the truth; believe it or don't.

[Dick Fein]

GSM for Grand Solar Minimum. https://www.youtube.com/watch?v=2NI1bQe8I4A&t=28s" onclick="window.open(this.href);return false;
We are entering a period of cyclic cooling that is going to probably end civilization as we know it.
Those who can adapt may survive.

[deran]

rumors are that our man made planet heating will nullify this cold cycle