War and Covid - The excuse for the coming financial collapse

[jdf5]

The banking debt system is a complete scam.

They just push a button and for some reason you owe them the loan + interest.

If you try the same scam you go to jail.

Only new loans can pay for old loans + interest. The system must collapse sooner or later.


Now debt is so high central banks need to print money to pay for older loans.


When they stop printing everything collapse.

If they continue printing there of course will be higher and higher inflation and then a currency collapse etc.



And when the economy crash and people lose their income they revolt. Unless they are very sick and depend on the government and Big Pharmas injections.


Their "solution" to remain in control over humanity is a great reset with massive surveillance and far less people.

But it´s hard to sell unless they can blame someone else for the economic collapse.

Like Putin or a virus.


The money masters

 

[Jimmy Higgins]

Yes, conspiracy theories are fun. Putin isn't a bad guy, he is just exercising his rights to Ukraine. Covid isn't a big deal, just 5 million or so died from it.

That is all just cover to allow the evil people at the center of the global power chain to do their evil things like pay off loans.

The system has to collapse! It has, it will again. What is the solution again? Or is this CT-Boner stuff?

 

[steve_bank]

First, you can not go to jail for simple debt, being in debt is not a crime. If you are taken to court over debt and you fail to comply with a judgement you can go to jail. There are situations like taxes or child support which violates criminal law where you can. If you owe a bank you can be sued in civil court but you can not be jaile for owing a bank.

hhttps://www.solosuit.com/posts/284

28 U.S. Code § 2007 - Imprisonment for debt

www.law.cornell.edu

Second, banks do not print money.

Control of humanity? Actually a fundamental problem with global free market economics is that it is not controlled. The result being periodic boom and and bust, and isuues like the supply chain.

 

[jdf5]

Michael Burry who predicted the 2008 financial crisis is warning.

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[jdf5]

Yes, conspiracy theories are fun. Putin isn't a bad guy, he is just exercising his rights to Ukraine. Covid isn't a big deal, just 5 million or so died from it.

That is all just cover to allow the evil people at the center of the global power chain to do their evil things like pay off loans.

The system has to collapse! It has, it will again. What is the solution again? Or is this CT-Boner stuff?

Not sure what the solution is. Perhaps a decentralized crypto? Definitely not centralized CBDC. Gold or silver?

To cancel debt i suppose the largest nations must cooperate.

 

[Jimmy Higgins]

Yes, conspiracy theories are fun. Putin isn't a bad guy, he is just exercising his rights to Ukraine. Covid isn't a big deal, just 5 million or so died from it.

That is all just cover to allow the evil people at the center of the global power chain to do their evil things like pay off loans.

The system has to collapse! It has, it will again. What is the solution again? Or is this CT-Boner stuff?

Not sure what the solution is.

So you just like complaining then?

Perhaps a decentralized crypto?

Yes, we've seen how well "crypto" works.

Definitely not centralized CBDC. Gold or silver?

Yes, we've seen how well gold and silver have worked. Like for real. Check up on 19th Century economy, bank panics, the attempt to corner the gold market 1869.

 

[jdf5]

Yes, conspiracy theories are fun. Putin isn't a bad guy, he is just exercising his rights to Ukraine. Covid isn't a big deal, just 5 million or so died from it.

That is all just cover to allow the evil people at the center of the global power chain to do their evil things like pay off loans.

The system has to collapse! It has, it will again. What is the solution again? Or is this CT-Boner stuff?

Not sure what the solution is.

So you just like complaining then?

Perhaps a decentralized crypto?

Yes, we've seen how well "crypto" works.

Definitely not centralized CBDC. Gold or silver?

Yes, we've seen how well gold and silver have worked. Like for real. Check up on 19th Century economy, bank panics, the attempt to corner the gold market 1869.

Seems like you have no solution than massive surveillance etc. You like WEF´s idea?

If people are aware of why the collapse happened then they won´t be deceived. So they will not accept the dark agenda.

Markets love decentralized currencies that can´t be manipulated.

 

[Jimmy Higgins]

Bitcoin is a failure for a currency. Can you imagine waking up and finding out your money is worth 40% less than what it was the day before? And would you spend it today if it could be worth 25% more tomorrow? That isn't how currencies function in a proper fashion.

And yes, gold and silver, open to manipulation just the same, and suffer from the ills of being a commodity.

So these are solutions that either could never work or didn't work well when they were used originally.

 

[jdf5]

Bitcoin is a failure for a currency. Can you imagine waking up and finding out your money is worth 40% less than what it was the day before? And would you spend it today if it could be worth 25% more tomorrow? That isn't how currencies function in a proper fashion.

And yes, gold and silver, open to manipulation just the same, and suffer from the ills of being a commodity.

So these are solutions that either could never work or didn't work well when they were used originally.

So what is your solution?

Volatility is often high in new markets. The big investors likely bet on central banks to continue printing and fiat currency collapses. So rumours of governments ban etc have a large impact in this market.

 

[steve_bank]

I think economic predictions are about 50/50.

Occasionally somebody gets it right, but there is no way to accurately predict the economy in nay detail.

 

[steve_bank]

Michael Burry who predicted the 2008 financial crisis is warning.

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

There are Christians who are always predicting the end of world is about to come. Sooner or later somebody will be right.

 

[jdf5]

I think economic predictions are about 50/50.

Occasionally somebody gets it right, but there is no way to accurately predict the economy in nay detail.

That this financial system must collapse is 100% guaranteed. It´s just the timing that is difficult. Only new debt can pay for the old debt + interest on a global level.

 

[steve_bank]

I think economic predictions are about 50/50.

Occasionally somebody gets it right, but there is no way to accurately predict the economy in nay detail.

That this financial system must collapse is 100% guaranteed. It´s just the timing that is difficult. Only new debt can pay for the old debt + interest on a global level.

Christians says the end of the world must be ebcted by god. Its been prediced as close for 2000 yeras.

I agree that the current free market system as it is in the long run is not sustainable. The extremes bey ween the top wages amd the bpttom will equally lead to civil and social instability. Plenty of historicall examples.

Don't know where you get that 100% from. There is no shortage of Internet doom and groomers predicting collapse.

There have been TV ads for decades promoting buying god to protect yourself against the cumming collapse. Some offer a free safe.

Have you head that the world economy is controlled by a Jewish cabal in Israel? I have heard that nonsense. And whatever happened to the Trilateralists? They were supposed to usher in a global dictatorship. Never happened The Trilateral Commission was in the day a source for books and conspiracy theories.

Trilateral Commission - Wikipedia

en.wikipedia.org

So get busy, buy some secluded land, build a bunker, and stock it with guns, gold, and freeze dried food.

 

[bilby]

Seems like you have no solution than massive surveillance etc.

You skipped a step.

Nobody but you thinks there’s a problem, so nobody but you cares about solutions.

First you need to establish that the problem you are proclaiming is real; You shouldn’t just assume that because a small group of cranks believes something, everyone else is obligated to agree with them.

Your entire thesis is counterfactual nonsense. It requires no solution other than ‘stop believing nonsense’.

 

[bilby]

I think economic predictions are about 50/50.

Occasionally somebody gets it right, but there is no way to accurately predict the economy in nay detail.

That this financial system must collapse is 100% guaranteed. It´s just the timing that is difficult. Only new debt can pay for the old debt + interest on a global level.

Debt is money; Money is debt.

The continued existence of money doesn’t strike me as a plausible cause for a financial collapse.

You haven’t defined a problem yet, so it’s stupid and pointless to even contemplate allowing a discussion of solutions to speculate about the merest possibility of thinking about crossing your mind.

 

[jdf5]

I think economic predictions are about 50/50.

Occasionally somebody gets it right, but there is no way to accurately predict the economy in nay detail.

That this financial system must collapse is 100% guaranteed. It´s just the timing that is difficult. Only new debt can pay for the old debt + interest on a global level.

Christians says the end of the world must be ebcted by god. Its been prediced as close for 2000 yeras.

I agree that the current free market system as it is in the long run is not sustainable. The extremes bey ween the top wages amd the bpttom will equally lead to civil and social instability. Plenty of historicall examples.

Don't know where you get that 100% from. There is no shortage of Internet doom and groomers predicting collapse.

There have been TV ads for decades promoting buying god to protect yourself against the cumming collapse. Some offer a free safe.

Have you head that the world economy is controlled by a Jewish cabal in Israel? I have heard that nonsense. And whatever happened to the Trilateralists? They were supposed to usher in a global dictatorship. Never happened The Trilateral Commission was in the day a source for books and conspiracy theories.

Trilateral Commission - Wikipedia

en.wikipedia.org

So get busy, buy some secluded land, build a bunker, and stock it with guns, gold, and freeze dried food.

Free markets are great. The problem is the banking system. They do not follow the same rules as everyone else. They are to big to fail. If they fail central banks print money. You and me pay through inflation. Socialism for the super rich. Capitalism for the poor.

This makes it very clear. Bankers casino. Much larger than the global economy.

 

[steve_bank]

Man the barricades!! Where is my Fidel Castro beret and cigar!! Down with up!!!

"The revolution will not be televised".

The 'evil bankers' You must be kidding. As we all now know Bill Gates is taking over the world.

Your OP is patently false.

 

[Loren Pechtel]

The banking debt system is a complete scam.

They just push a button and for some reason you owe them the loan + interest.

Huh? I've never owed them anything other than when I borrowed money. Never because they pushed a button.

If you try the same scam you go to jail.

Only new loans can pay for old loans + interest. The system must collapse sooner or later.

Strange, other than the current month's balance on my credit cards I don't owe anybody anything. From what you say that should be impossible.

Now debt is so high central banks need to print money to pay for older loans.

A certain amount of money printing is required to keep a functional economy. The "problem" is the economy is growing, if the money supply doesn't grow accordingly there won't be enough money in circulation to keep it going. Fundamentally, money is stored value--and as the value being stored goes up the supply of tokens representing that value needs to increase to keep the value of the tokens constant.

In practice our control of this has such a slow feedback loop that we can't hit it perfectly and we accept that the harm of being high is less than the harm of being low so we deliberately aim slightly high.

When they stop printing everything collapse.

The economy would not collapse but we would get a mess because we would be in a situation where putting your money under the mattress was a meaningful investment and that would hurt investment.

If they continue printing there of course will be higher and higher inflation and then a currency collapse etc.

You only get a currency collapse if you print too much. (There are some on here who can't admit this, though.) In a perfect world you print the same amount as the economy grows.

And when the economy crash and people lose their income they revolt. Unless they are very sick and depend on the government and Big Pharmas injections.


Their "solution" to remain in control over humanity is a great reset with massive surveillance and far less people.

But it´s hard to sell unless they can blame someone else for the economic collapse.

Like Putin or a virus.

A collapse would hurt everyone, even the elites. Nobody wants it.

The money masters

Not a credible source.

 

[jdf5]

Interview with Danielle. Former advisor to FED.
"Possible end of the 40-year bull in debt, if so a “global depression” threat"

 

[RVonse]

Michael Burry who predicted the 2008 financial crisis is warning.

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

There are Christians who are always predicting the end of world is about to come. Sooner or later somebody will be right.

But those doom gloom Christians did not make themselves billionaires by following their predictions. Usually you do not become a billionaire by being stupid and superstitious. Most billionaires become billionaires by providing real value to others and having knowledge when others are ignorant.