Xena's Study Hall

[gfp927z]

Xena, >> Debt <<

Yes, the debt has entered the parabolic phase, so the endgame is approaching. The Federal Reserve is a privately owned cartel, and since 1913 the US money supply is 'lent' into existence, at interest. So a debt based money system, where basically money = debt, and you can't have one without the other, plus an ever growing interest component. The cummulative interest on all this debt is what ultimately ends this type of system, so that's where we are. It didn't have to be this way, since the US government has the ability to create its own money itself, with zero interest and no national debt.

But the question now is how long can the current system hold together, and what measures will be taken to prolong the system? Complicating things is the emerging mega rival to the US dollar system --> China-Russia-BRICS and their planned gold linked currency, plus their alternative financial 'plumbing' that replaces the existing SWIFT system, IMF, World Bank, etc. The US is in deep trouble, so what desperate measure will be taken to avert disaster? Guess we'll find out.

Trying to figure out a timeline, since our unbacked fiat money system relies on global confidence, what could be the tipping point level where confidence is lost? The official US debt is ~ 36 trillion and growing fast (parabolic), so I figure 50 trillion might be the level to watch. That occurs ~ 2029-30, so that's the ballpark figure I'm using for when to be largely out of bonds, and into hard assets like metals, paid-for real estate, land, etc. Just an estimate though.

The proposed CBDC / crypto system could be used to try to shift debt off the US balance sheet (?), and to impose capital controls to prevent money from leaving the country, etc. But the 'debt bomb' is clearly ticking, and hopefully the day of reckoning can at least be delayed. Hyperinflation is another way to repudiate debt, but that would also end the US dollar as the world's reserve currency, so probably not high on the US finance oligarchy's list of options.

Wars and proxy wars to weaken US rivals has been ongoing, but is highly risky since the main rivals (China / Russia) are armed to the teeth with nuclear weapons. Economic warfare using sanctions, de-Swifting, tariffs, confiscation of central bank reserves, etc, is only pushing countries further away from the US orbit and into the arms of BRICS. What we need (imo) is to use the 'carrot' side, since that is the main attraction for countries to join BRICS. China-Russia are helping emerging countries build power grids, powerplants, roads, ports, etc, and that's the big draw for joining BRICS. So the US needs to re-vamp the IMF/ World back into being bonafide enablers of global infrastructure projects. That could be the only way to stop the BRICS juggernaut, and get countries back into the US fold. All 'stick' won't work, we have to use the carrot.




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