The Fed Needs to Double QE, Deficit and Debt is 2021
The Atlantis Report
The Fed Needs to Double QE, Deficit, and Debt in 2021 or the Whole Ponzi Show Collapses
Jan 18, 2021
The Fed Needs to Double QE, Deficit, and Debt in 2021 or the Whole Ponzi Show Collapses
For decades, America has been running in the wrong direction, and our leaders have been making incredibly foolish decisions. No, it's their employers making those decisions.
1.9 trillion dropped onto the economy will just result in the USA needing yet another 1.9 trillion within six months.
The US economy is addicted to government stimulus and will be until the day it overdoses on fiat and flatlines. Tax the living out of anything that moves to pay for this boondoggle. And if it doesn't move, tax the living out of whoever owns it.
Catastrophic increases in business tax rates, a massive gas tax increase, and a decrease in deductions. Meanwhile, some subsidies to the green industry. They will soon run out of our money and other people's stuff. The national debt rose by $7.8 trillion during the last four years.
The Greater depression has begun. The debt is beyond repayment anyway. Just print them.
The US dollar is Monopoly money now. Who is going to want to lend money, services, or goods to Americans going forward? And don’t give me the Cleanest Shirt at the Laundry analogy, we were a country founded on enforceable laws, and we have cast that tradition and necessity aside for expediency and political gain.
In the daisy chain of Who Owes Who What scenario we are currently sinking in, the question arises as to where the Buck Stops. It stops with the economic viability of our country to conduct normal capitalistic business day-to-day; a very dangerous precedent has been set that will set us back as a country to the Wild, Wild West mode of lawless operations.
The guy or gal with the biggest stick or bravado will rule.
The Debt Collapse is here. PLAN ACCORDINGLY, BUT THERE IS NO GUIDEBOOK FOR A COLLAPSE OF THIS MAGNITUDE.
We need to get rid of the parties that self-servingly put us here out of greed for power/ money or via sheer economic stupidity.
The Federal Reserve System already bankrupt. Happened in 2008.
For the full transcript go to https://financearmageddon.blogspot.com