lindajoy wrote:
It is in motion, just being held at bay to get through the elections...Familiar to you???? Sure is to me...
Prime rates are exaggerated and false..Trade is manufactured, as is job growth and still a horrific unemployment ratio to part time workers, the majority of our economy spending class gone..
Housing market slowing again with lenders tighten is the truth of the fabrication of everything being Ohhh so rosey....Sure is if your looking through those rose colored glasses many wear all day long...
Artificial economy growth eventually catches up..You know where we are....
It is in motion, just being held at bay to get thr... (
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"It is in motion, just being held at bay to get through the elections...Familiar to you???? Sure is to me"
Yes, same play, but it's a reverse this time. In 08, the progressives blew up the economy prior to the Obama/McCain election. This play is to preserve the progressive confidence game long enough to protect Obama's ridiculous legacy and Hillary's election. After that, they are prepared to move forward without end game.
Remember, Bush inherited the dot com bubble from Bill two months into his term. $5 Trillion evaporated. Obama inherited the sub-prime meltdown several months into his first term. $24 Trillion evaporatedin that bubble burst. If history repeats, the next President could see $600 plus Trillion in derivatives unwind on the weakening and soon to be defaulting bond bubble.
If the Derivatives implode on the sovereign Bonds, it will be a life changing event. Millions of Americans are still recovering from the sub-prime crisis. The next bubble will be called the "Everything Bubble". This will not only wipe out cities, it will wipe out countries, including ours since we are the biggest debtor in the world.
It's very very possible! Think about it, tens of trillions of currency is constantly being mouse clicked all over the world. Bad money chasing bad money all backed by nothing.
One must ask, what happens if we as a nation default paying our Creditors ??
Well, they get pretty much everything. The bankers get the land, the infrastructure, the waterways, the ports, the food, transportation, the precious metals. Etc etc.
We the people get stuck with the paper just like the Germans did in the 1920's.
If you read the laws being passed and the Executive orders being issued, you can clearly see they are preparing for such an event. Just saying!