American Economic Collapse

Jahrule

Well-known member
View attachment 3453This is my favorite image from the near collapse of the financial system in 2008. Hank Paulson was the Goldman guy turned Treasury Secretary and he had to stand on the podium and explain that they needed a few trillion dollars by next Mondy to prevent the system from imploding. And now that those tens of trillions of dollars are gone, apparently, now they need a few zillions more.
It's been a while since your last video or podcast, Robert. I'm hoping we at least get a few this year before all HFIL breaks loose.
 

DR74minus

Well-known member
Warning...I know nothing about the stock market even though my husband invests I have never understood it. Every alternative news outlet that I follow are warning that our dollar is worth nothing more than monopoly money...everyone is saying hurry hurry invest in Gold and Silver. Heres my question why would Gold and Silver companies sell their Gold and Silver for monopoly money?

The call to leave trading backs was made way before now. Besides you just need more fiat to make the swap.
Keep in mind that money in circulation is multiple times that of the printed stuff ( Federal Reserve Notes ) So most of the the money sitting around in banks are mostly fiction, Just digits on a screen, which can disappear with a click of the mouse.

It is now a matter of first in, first served. As recent events indicate. Bank assists ( which is really debt buying ) going on at the minute may not be to bail out the banks, but to cover withdrawals prehaps. What is happening at the minute is the bankrupted worldwide casino tipping over prehaps.
 
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Revvzone

Well-known member
China just made a huge announcement about its plans for Taiwan. Russia and China solidify its hold over Ukraines minerals and the USA dollar is near extinction. Advising to invest in Gold. Does anyone think that is a wise decision or should we trust that Jehovah will see us through the economic collapse?

Just a note..
As far as the dollar goes, current stats suggests there is roughly One Trillion Six Hundred Billion in print worldwide, the US possessing opprox Eight Hundred Billion in paper..That means, enough toilet paper for everyone..
 

SusanB

Well-known member
Just a note..
As far as the dollar goes, current stats suggests there is roughly One Trillion Six Hundred Billion in print worldwide, the US possessing opprox Eight Hundred Billion in paper..That means, enough toilet paper for everyone..
So my stash of toilet paper has competition. I was hoping to use it to barter but with the extra green backs, those look to be a more abundant source.
 
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