From my B of A VP friend (Christian), he said that when the default happens (the great reset) and it will be deliberate and purposeful default timed to blame it on an event and or an enemy; every financial institution that has your money in it will, due to devaluation and bail-ins, on the average you can kiss 50% of your assets goodby. Your real property will also drop in value by about 50% on average. So, a home you bought at $400,000.00 will have a new market value of $200,000.00. If your mortgage is over the new value of the home, you will be under water. No fear though they will allow you to stay in your home (and keep your car) at a price you can afford, just sign the title over to the bank.
This is where they get the statement you will owe nothing and be happy, (to have a home, car and a job). In order to keep your job, you must be part of the new digital dollar backed by the IMF's gold backed SDR that has a new foundation currency the Unicoin backed by almost 300,000 metric tons of gold. Trading in old dollars or bartering will be like drug dealing. You will be allowed to turn in your old dollars into digital dollars, but you got to account for where it came from and there will be limits.
And of course, if you say or do anything that the banks don't like they will simply cancel your accounts and shut you down finically and it's over. So when you rise up with your firearms (small arms) you will have no one to shoot at because if they do come after you it will be with weapons far beyond the range of your small arms. You will never see them first. They can hit you with a neuro-weapon and put you to sleep or kill you and you will never know what happened. They will unleash these super weapons on the dissidents. Many will lose heart quickly. And that's the plan.
This is a classic case of "the emperor has no clothes". As long as the Resident keeps repeating that the economy is fine, it's easier for most people to just believe him.
As for our current economic system, it is unsustainable on so many levels. There's the housing bubble, the stock market bubble, the banking bubble, the derivatives bubble, and last but not least, the currency bubble. Did anyone hear that the BRICS nations just announced a new gold backed currency? I didn't think so. One of these mornings, we'll wake up to the death of the US dollar. Then what? The worthless paper will begin to flood back into the country and cause an almost unimaginable amount of inflation. If you have any amount of money in the bank, take it out and buy precious metals. Do it TODAY. If you have money in the stock market, do the same thing. You have been warned.
From my B of A VP friend (Christian), he said that when the default happens (the great reset) and it will be deliberate and purposeful default timed to blame it on an event and or an enemy; every financial institution that has your money in it will, due to devaluation and bail-ins, on the average you can kiss 50% of your assets goodby. Your real property will also drop in value by about 50% on average. So, a home you bought at $400,000.00 will have a new market value of $200,000.00. If your mortgage is over the new value of the home, you will be under water. No fear though they will allow you to stay in your home (and keep your car) at a price you can afford, just sign the title over to the bank.
This is where they get the statement you will owe nothing and be happy, (to have a home, car and a job). In order to keep your job, you must be part of the new digital dollar backed by the IMF's gold backed SDR that has a new foundation currency the Unicoin backed by almost 300,000 metric tons of gold. Trading in old dollars or bartering will be like drug dealing. You will be allowed to turn in your old dollars into digital dollars, but you got to account for where it came from and there will be limits.
And of course, if you say or do anything that the banks don't like they will simply cancel your accounts and shut you down finically and it's over. So when you rise up with your firearms (small arms) you will have no one to shoot at because if they do come after you it will be with weapons far beyond the range of your small arms. You will never see them first. They can hit you with a neuro-weapon and put you to sleep or kill you and you will never know what happened. They will unleash these super weapons on the dissidents. Many will lose heart quickly. And that's the plan.
When paying way too much for a property, it will always go 'underwater" soon as market adjustments occur and they always do !
This is a classic case of "the emperor has no clothes". As long as the Resident keeps repeating that the economy is fine, it's easier for most people to just believe him.
As for our current economic system, it is unsustainable on so many levels. There's the housing bubble, the stock market bubble, the banking bubble, the derivatives bubble, and last but not least, the currency bubble. Did anyone hear that the BRICS nations just announced a new gold backed currency? I didn't think so. One of these mornings, we'll wake up to the death of the US dollar. Then what? The worthless paper will begin to flood back into the country and cause an almost unimaginable amount of inflation. If you have any amount of money in the bank, take it out and buy precious metals. Do it TODAY. If you have money in the stock market, do the same thing. You have been warned.