It's like a turbo charged dragster, if you push the car too hard it will lose control and crash, or the turbo charger will blow up the engine and we crash and burn.
It is the agenda to do this, and world events are causing them to pick up the pace, it's like a race to the bottom. God help us all.
My insight on this, is that it was all planned. The cabal wanted to wipe out the middle class and rule over the remaining, desperate, poor. Instead, another faction (let's call them the white hats) is playing along with the plan. Why would these "good guys" do that? Their goal is to destroy the economy, thus leaving the aforementioned cabal, just as broke as they wanted us to be. Without their almighty money, they no longer have their supreme power either. In the meantime, certain people (let's call them truthers) have been warning millions of people to get out of the market and buy precious metals. Once the market, banks and economy implodes, the control of the metals prices will cease and the prices will skyrocket. If you don't believe me, look at the COMEX Exchange. Metals are being sucked out at an unprecedented rate.
Now, all of those people (simple, God fearing, patriots), who listened to the truthers, will become the new rich. I know this all sounds like a "Simpsons" episode, but time will tell. We are very close, so get your popcorn out and enjoy the show.
There is another side of the coin. Not advocating it’s the correct side, but…
We bailed out at age 50 to go sailing for 5 years. 17 years later we are still at it. We live on our boat. We have no debt. Our expenses are low. We have a nest egg, but it’s not big enough to take a lot of risk chasing yield. Now, for the first time in a decade we can earn a decent return. 5.15 on 17 week T-bill. 4.5% on MM. we don’t feel much effect from inflation. We don’t pay for electricity, gas, water, or property taxes. No state income tax. And we purposefully keep our income low enough to minimize federal taxes.
So, despite the overall economic issues ( where I agree with you) for the first time in a decade there is an incentive to save money.
I would also point out, historically speaking, that a 5% rate is about the average over the past 100 years. I believe the FED is going to keep rates where they are for a long long time. This will be the new normal, and frankly it should be.
Yep. Thanks. We are just blessed to have something that we both love that ended up being a home and a lifestyle. It’s definitely not for most. Funny though. We rented a condo this winter because we needed to ship the boat to the Great Lakes for the summer so we can spend it in Lake Superior, the only Great Lake we have not spent time in. Once January came and went we couldn’t wait to get back on the boat. Which we did on 4 April. We will be heading north into Lake Superior at the end of May and then back south in mid September. Winter destination as yet unknown. 90 days living on land was enough.
The answer is Yes in spades.
It's like a turbo charged dragster, if you push the car too hard it will lose control and crash, or the turbo charger will blow up the engine and we crash and burn.
It is the agenda to do this, and world events are causing them to pick up the pace, it's like a race to the bottom. God help us all.
My insight on this, is that it was all planned. The cabal wanted to wipe out the middle class and rule over the remaining, desperate, poor. Instead, another faction (let's call them the white hats) is playing along with the plan. Why would these "good guys" do that? Their goal is to destroy the economy, thus leaving the aforementioned cabal, just as broke as they wanted us to be. Without their almighty money, they no longer have their supreme power either. In the meantime, certain people (let's call them truthers) have been warning millions of people to get out of the market and buy precious metals. Once the market, banks and economy implodes, the control of the metals prices will cease and the prices will skyrocket. If you don't believe me, look at the COMEX Exchange. Metals are being sucked out at an unprecedented rate.
Now, all of those people (simple, God fearing, patriots), who listened to the truthers, will become the new rich. I know this all sounds like a "Simpsons" episode, but time will tell. We are very close, so get your popcorn out and enjoy the show.
There is another side of the coin. Not advocating it’s the correct side, but…
We bailed out at age 50 to go sailing for 5 years. 17 years later we are still at it. We live on our boat. We have no debt. Our expenses are low. We have a nest egg, but it’s not big enough to take a lot of risk chasing yield. Now, for the first time in a decade we can earn a decent return. 5.15 on 17 week T-bill. 4.5% on MM. we don’t feel much effect from inflation. We don’t pay for electricity, gas, water, or property taxes. No state income tax. And we purposefully keep our income low enough to minimize federal taxes.
So, despite the overall economic issues ( where I agree with you) for the first time in a decade there is an incentive to save money.
I would also point out, historically speaking, that a 5% rate is about the average over the past 100 years. I believe the FED is going to keep rates where they are for a long long time. This will be the new normal, and frankly it should be.
God bless you, but not everyone wants to live on a boat.
Yep. Thanks. We are just blessed to have something that we both love that ended up being a home and a lifestyle. It’s definitely not for most. Funny though. We rented a condo this winter because we needed to ship the boat to the Great Lakes for the summer so we can spend it in Lake Superior, the only Great Lake we have not spent time in. Once January came and went we couldn’t wait to get back on the boat. Which we did on 4 April. We will be heading north into Lake Superior at the end of May and then back south in mid September. Winter destination as yet unknown. 90 days living on land was enough.
Amen. I totally agree w/you on this one.