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Posts | 19169 |
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Alias Born | 05/05/2011 |
Sunday, September 25, 2022 10:45:53 PM
The dollar is in a fricking mess, and I don't think the average person understand countries are dropping US debt like dirty drawers and exchanging it into things like rubbles and yen. This is a red-hot fricking mess in a very strong US recession (despite the WH renaming a recession against any basic economics class 101 definition).
https://www.zerohedge.com/markets/pound-flash-crashes-500-pips-record-low-amid-global-fx-carnage
I think I figured out why they want a US Fed Crypto so bad and ban BTC, when the dollar shrivels up to holding more value as toilet paper than actual fiat currency, the banks will fold just like they did in the Great Depression. The people lost all their savings. YES IT CAN HAPPEN. The feds will tell the average john doe "oh well" and they have done it before, the rich they will give this new crypto in exchange for US dollars. In this move they could essentially cancel all US debt.
I know that sounds so damn far out there, its nutto, but traders, we are heading straight into the worst economy ever seen in the USA and the globe, but everyone is in a huge denial that the USA is too big to fail, strap up your boots tighter, all hell is going to break loose in the USA and not a damn thing we can do to stop except for a change of power in the midterms and then even that will be just prolonging the inevitable. The USA is in debt over $30 FRICKING TRILLION DOLLARS PEOPLE! $30 TRILLION! and a fricking stinking azz economy to boot. Jeez wizz, there is no way to sugar coat this big stinking turd.
Civil unrest is only beginning stages, this here is now every week occurrence
Major European Powers are about to be in the dark https://www.zerohedge.com/commodities/london-banks-prepare-possible-blackouts
Russia claiming nuke war is likely
https://endtimeheadlines.org/2022/09/russian-state-tv-tells-viewers-that-nuclear-war-is-likely-everyone-dies/
Violence in Iran may topple the leadership https://www.theguardian.com/world/2022/sep/26/death-toll-grows-in-iran-as-mahsa-amini-protests-continue-for-10th-night
I could go on for days, that is just a few hours of headlines.
Be careful trading, Go short term on everything.
Precious metals is the best shelter (if you can defend it)
Buy BTC when you can and go to cold storage with it
Do your own DD, my posts are highly opinionated. If you do not agree with my posts, feel free to block me. I am not an investment professional nor do I give investing advice. You alone are responsible for your investments
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