The Greatest depression is coming, are you ready?
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Tall_Timbers
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But how could you ever find a president and vice president so stupid, so easily manipulated that they would allow themselves to simply be puppets on a string? Ummm, scratch that.
And ye shall spoil the Egyptians
Over the last month the difference between Silver and Schwab is 59%!
Schwab is tracking very close with various Bank ETF's and mutual funds. It is a huge financial institution and if it were to go belly up it would be monstrous.
Comparing this with silver or gold gives a clearer picture to me of the exodus from the banking system.
21 And I will give this people favour in the sight of the Egyptians: and it shall come to pass, that, when ye go, ye shall not go empty.
22 But every woman shall borrow of her neighbour, and of her that sojourneth in her house, jewels of silver, and jewels of gold, and raiment: and ye shall put them upon your sons, and upon your daughters; and ye shall spoil the Egyptians.
Over the last month the difference between Silver and Schwab is 59%!
Schwab is tracking very close with various Bank ETF's and mutual funds. It is a huge financial institution and if it were to go belly up it would be monstrous.
Comparing this with silver or gold gives a clearer picture to me of the exodus from the banking system.
21 And I will give this people favour in the sight of the Egyptians: and it shall come to pass, that, when ye go, ye shall not go empty.
22 But every woman shall borrow of her neighbour, and of her that sojourneth in her house, jewels of silver, and jewels of gold, and raiment: and ye shall put them upon your sons, and upon your daughters; and ye shall spoil the Egyptians.
This is how they rolled out the CBDC in Nigeria
You can see the game plan and how they will do it here as well. Nigeria used to be 90% cash driven, now they are 70% using the digital currency.
At first the digital currency seems great, they can cut down on crime. You are sweet for thinking that. Consider this, the FBI had Hunter Biden's laptop for three years giving details on major financial crimes. How has that investigation gone? DA's are letting violent felons out of prison while turning bogus misdemeanors into major felonies. Meanwhile they want to hire 87,000 IRS agents with guns. But go ahead, continue to think that the CBDC will be to stamp out organized crime.
You can see the game plan and how they will do it here as well. Nigeria used to be 90% cash driven, now they are 70% using the digital currency.
At first the digital currency seems great, they can cut down on crime. You are sweet for thinking that. Consider this, the FBI had Hunter Biden's laptop for three years giving details on major financial crimes. How has that investigation gone? DA's are letting violent felons out of prison while turning bogus misdemeanors into major felonies. Meanwhile they want to hire 87,000 IRS agents with guns. But go ahead, continue to think that the CBDC will be to stamp out organized crime.
It bears repeating, we saw this during the 2008 mortgage crisis. They have repeatedly made this mistake to think buying up these instruments decreases their risk. But the reality is it is like a chain reaction or dominoes. Everyone is interconnected. On the one hand it seems it makes the building stronger, but on the other hand when the building comes down everyone comes down with it.I though everyone knew that this was standard practice for western CB's. Seriously.....its old OLD news.....
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