The system is propped up by perpetuating debt so collapse is certain. The sooner we collapse the better because until we rid ourselves of systemic flaws we can't make rational decisions.
And because of all the distortion and mis-allocation of all this monopoly money (now digital) "everybody knows the price of everything but nobody knows the value of anything." My kids have $300,000 dollars in the bank and I keep telling them it's not there, only way to get it out now is to transfer it to some kind of assets like real estate, houses.
Just research the derivatives time bomb. Just mind-blowing how much larger it is compared to entire WORLD economy.
It is a big reason why people are worried about Deutschebank going bankrupt, as it could literally cause a Domino effect and crash the entire financial system.
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bopper ago
We all wish for things to break, but it's a bit frightening at the same time.
The entire economic system is on the line. The ((( banksters ))) have screwed us big time and people don't even know it.
HungryCrow ago
The system is propped up by perpetuating debt so collapse is certain. The sooner we collapse the better because until we rid ourselves of systemic flaws we can't make rational decisions.
It would be bad today, worse tomorrow.
bopper ago
And because of all the distortion and mis-allocation of all this monopoly money (now digital) "everybody knows the price of everything but nobody knows the value of anything." My kids have $300,000 dollars in the bank and I keep telling them it's not there, only way to get it out now is to transfer it to some kind of assets like real estate, houses.
garouwarrior ago
Just research the derivatives time bomb. Just mind-blowing how much larger it is compared to entire WORLD economy.
It is a big reason why people are worried about Deutschebank going bankrupt, as it could literally cause a Domino effect and crash the entire financial system.
bopper ago
No way around it.