Savvy Trades and Investments

[bbotcs]

I intend to send my check back to the U.S. Treasury. I don't want to be an accessory to the murder of the U.S. financial system. Think Venezuela. Inflation is on the way. We are going to have high unemployment and inflation--that is called stagflation. I remember it well.

AND THE HORROR STORY IS THIS: The Fed will not be able to raise interest rates to keep pace with inflation. IF IT WOULD DO THAT, THE U.S. WOULD DEFAULT ON ITS DEBT.

The watchwords now are PRESERVE YOUR CAPITAL.

There is a big difference between the America of the 1920's before the Great Depression and America today. Households saved money, even poor households. Today, debt is a way of life. Back then, debt was considered to be terrible. And the U.S. tax code since at least the 1960's subsidized debt. Debt became the American way of life, and the house of cards is about to collapse. A bat could see this.