iShares Silver Trust (SLV)

[AlwaysRed]

If you understand the system you will recognize the many ways that the Govt creates new debt.

The system DEMANDS new debt in perpetuity or the whole system will collapse. The Govt has many ways to create debt.

But here is what they just did to create an opportunity for new debt creation.

Look what happened here:

https://www.zerohedge.com/political/loophole-biden-admin-forgives-39-billion-student-debt-over-800000-borrowers

What is going to happen here is that the Govt will take on the student debt. It wont disappear, it will simply relocate from citizens debt to Govt debt.

What this will allow is the citizens room to create MORE debt. Once they are freed up from there student debt obligation, which the Govt will take over, they will have the opportunity to go into more debt again. And they will. They will be freed from the slavery known as student debt and they will replace that debt with car debt, house debt, credit card debt, etc.

This is just another example of the Govt doing everything they can to create more debt to keep the system going. It needs to grow. Just like the blob....Bigger and bigger forever. As long as they can continue to create more and more debt to cover previously borrowed principal and interest everything will be just fine and we will keep chugging along. No collapse in the near future. Just more and more debt.