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It has to happen, and it will happen. The economy will reset. And this will result in massive wealth loss and violence that will shock and awe.
Violence from the ‘Welfare State’
EBT cards will stop working or their payout will be slashed in value. There is no doubt in my mind that violence will result. A tremendous portion of our nation relies on government welfare (EBT cards and other assistance). They will not be happy. And in fact, will violently protest.
Soaring Food Prices
The effective cost of food (and ALL THINGS) will drastically reset higher. Many people will not afford it. More specifically, they won’t afford the foods that they were used to.
Debt Defaults
The majority of the population lives paycheck-to-paycheck. A currency reset will be devastating in every way. There will be massive defaults on debts. Foreclosures and repossessions.
Massive Job Losses | Great Depression
Businesses will be hit hard. Job losses will be severe. A Greater Depression will likely result. It could really be horrible.
Political Social Violence
The reset will result in today’s sharp political differences becoming violent. Desperate people will assault “the other side”. The people will need a villain to blame. They always do. When “each side” sees the other as the villain, it will get bloody.
Don’t Ignore What’s Going On
It will happen fast. That is, when it happens. Today’s modern technology and systemic infrastructure for survival will enable (force) the fall to be quick and severe.
I know I’m painting a pretty dark picture. The words are fearful with doom and gloom. If you don’t like it, or if it makes you uncomfortable, just go back to your safe space. For the rest, read on.
Our debt is ridiculous. The U.S. national debt as of this writing is $22.5 Trillion. U.S. unfunded liabilities are $125 Trillion. That’s more than $1 Million per taxpayer.
Obviously, this will NEVER be paid off and WILL get worse. The question is, when will the rest of the world lose faith and dump the dollar? Answer: they’re already doing it.
The only reason we haven’t had reset already is due to the threat of U.S. military force on those (nations) who dare to buck the system of the United States dollar. But there’s a problem…
China. Russia. Iran. Other nations too. They have developed their own currency trading systems outside of the dollar system (e.g. SWIFT). More and more they are circumventing the need for our dollar.
Fewer are purchasing U.S. debt. Eventually all this will result in a major crash and reset, or, a major war. Both are very bad for us
Don’t Assume the U.S. Will Prevail
Yes, the United States has spent the most money on military, by far. In fact it’s incredible what we spend every year on the military budget. Yes, the military is loaded with high-tech weapon systems and technology. But don’t assume that this cannot or will not be defeated in some way.
There are many ways that low-tech can defeat high-tech. Sometimes I wonder if we have gone too far in the high-tech military arena. We spend $2 billion on a aircraft carrier. Could one hyper-sonic missile sink it to the bottom? Just askin…
Could We Beat China In War?
China currently is reported to have more than 2 million active military and half a million reserve military. China has a population of 1.4 billion to draw on for ‘the draft’ if needed.
They have nuclear weapons and ICBM’s. China has much of our technology, some given to them, some stolen. China is not some backward nation. They are developed and high-tech in many ways. They are the manufacturing power base of the world. It wouldn’t take them long to bang out lots of ships, planes, tanks, like we used to do during WWII.
Prepare for the coming economy reset. There’s no avoiding it. It is a mathematical certainty.
Don’t fool yourself into believing that the reset will stretch out over a long period of time, and therefore be relatively painless for you. Because if you’re wrong…
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