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Nigga, America is done soon the dollar is going to implode and then shit is really going to hit the fan. The Balkanization, riots and violence will go through the roof once the dollar implodes :
Our national finances are in complete shambles. Our federal debt has exploded to 130 percent of the Gross Domestic Product and – given the unfolding economic devastation from the misguided COVID-19 lockdowns – it cannot but keep rising sharply in the months ahead. This unbridled and irresponsible spending puts the US in the banana republic league. And we have not even mentioned the unfunded liabilities whose amounts are truly astronomical in scale. According to one Forbes writer, they amount to some $210 trillion dollars. Other observers think such estimates are too conservative and the liabilities are actually higher still. Be that as it may, the fact is that today America stands as the world’s greatest debtor and is probably the most debt-ridden nation in history. Given the numbers, we can say with complete certainty that our government will never be able to honestly pay its debts or meet its obligations. The only reason why the dollar has not yet collapsed is because it happens to be the world’s reserve currency, and as of now there is no suitable alternative. It is, however, only a question of time before the dollar implodes. When this happens, all hell will break loose and, if we do not prepare, the upheaval we witnessed in the last few weeks may well seem like a Sunday stroll in a park.
https://www.lewrockwell.com/2020/06/...e-predicament/
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I'm hardly surprised. Even when I think about my own country and compare how it was growing up here in the 90s to the melting pot it's become I fall into deep melancholy.
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California does not have it's own currency moron so once the dollar implodes you are going to bring wheel barrows full of money to the store to buy single loaf a bread.
Also, of course you are emperor because you are not of superior Anglo-Saxon stock but are some kind of kraut or frog and there is more to life than just money :
Only Anglo-Saxon countries can do democracy. The natural state of human society is despotism. If you tally up all the human lives that have ever been lived on this planet under organized systems of government, no more than five per cent were lived under consensual systems. Even to get up to five per cent, you have to include places like ancient Athens and Tudor England, which wouldn’t pass muster as “democratic” by modern standards. In the last couple of centuries, practically all consensual systems have been Anglo-Saxon. Other cultures can fake it for a few decades, as France, Germany, and Japan are currently doing, but their hearts aren’t really in it and they will swoon gratefully into the arms of a fascist dictator when one comes along
https://www.nationalreview.com/2002/...hn-derbyshire/
Researchers from Princeton University and Northwestern University have concluded, after extensive analysis of 1,779 policy issues, that the U.S. is in fact an oligarchy and not a democracy. What this means is that, although 'Americans do enjoy many features central to democratic governance,' 'majorities of the American public actually have little influence over the policies our government adopts.' Their study, to be published in Perspectives on Politics, found that 'When the preferences of economic elites and the stands of organized interest groups are controlled for, the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.
https://politics.slashdot.org/story/...ot-a-democracy
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According to economist Alasdair Macleod (Goldmoney.com) a sudden shift in dollar-denominated financial markets occurred on or about the 23rd of March of 2020.
Macleod now says an imminent banking crisis is a near certainty. Forget about Black Lives Matter toppling statues of ex-Presidents. If we heed the warnings of Mr. Macleod, the U.S. dollar could fail completely by the end of this year.
“Against that possibility a reset might be implemented, perhaps by reintroducing the greenback, which is not the same as the Fed’s dollar,” instructs Macleod.
I’ll let Macleod do the rest of the talking:
“What if the response to the current economic crisis is a more rapid depreciation of currencies? And what happens if they (all currencies) die altogether?” He’s talking about fiat currencies, not backed by any tangible assets.
Macleod: “History gives us a guide, not through extrapolation, but by telling us that every recorded currency collapse has occurred to fiat currencies unbacked by gold or silver. So, we know it will happen — eventually.”
Macleod says Americans face a “prolonged period of falling purchasing power, followed by a sudden collapse when a currency’s users finally reject it. In terms of time, the latter phase usually lasts approximately six months.” Sounds like Mussolini’s Italy when wheelbarrows of Italian lira were burned in fireplaces.
Remember when actor Jimmy Stewart in the movie “It’s a wonderful life,” said in the midst of a run on his bank: “Just remember this thing isn’t as black as it appears.” Well, it’s a little blacker this time.
Macleod: “The paper money scheme is about to crumble. It seems hardly possible that the US banking system will survive the current supply chain disruption without help… Presumably, failing banks will be taken into public ownership with the Fed backstopping it with yet more inflationary finance.” The federalization of airlines, internet companies, utilities, food purveyors.
https://www.lewrockwell.com/2020/06/...ke-a-big-fall/
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