The Great Reset
- Thread starter Tolosa
- Start date
Rich
The Living Force
I found this guy GregoryMannarino very interesting:
The video I saw last week
His website is. Click here: https://traderschoice.net/about-trade...
At the end he was saying that over the next few weeks he would be providing information on what we can do to save ourselves.
I am guessing that will be a combination of Gold, Bitcoin and possibly property but I am not sure exactly what the best way to save any money we might have will be?
For me right now I have very little money but because I am in a long term relationship with a lovely woman called Briana, she tells me she is about to inherit a very large sum of money that we can share together.
Which is fantastic but will be pointless gaining access to that money only to see it all disapear due to the total collapse of the financial system.
Does anyone know what we should be doing with our spare capital if we have access to any?
THE FEDERAL RESERVE IS PREPARING FOR A MASSIVE MARKET CRASH AND CREDIT FREEZE.
he was saying that the whole financial system and markets are about to collapse totally.His website is. Click here: https://traderschoice.net/about-trade...
At the end he was saying that over the next few weeks he would be providing information on what we can do to save ourselves.
I am guessing that will be a combination of Gold, Bitcoin and possibly property but I am not sure exactly what the best way to save any money we might have will be?
For me right now I have very little money but because I am in a long term relationship with a lovely woman called Briana, she tells me she is about to inherit a very large sum of money that we can share together.
Which is fantastic but will be pointless gaining access to that money only to see it all disapear due to the total collapse of the financial system.
Does anyone know what we should be doing with our spare capital if we have access to any?
Hey Rich, for someone with limited funds it would probably be advisable to be as practical as possible. The following links may provide some ideas of what others are doing, although obviously everyone's situation is different:
Spending your money - on what?
(KJN) What is the status of the money system in the United States? If you have money in the bank, can you leave it there, or should we be doing something more proactive? A: If you store it with the fox, you will lose it at some point rather soon. Q: (Odyssey) On the money issue, would it be a...
cassiopaea.org
What to do with money, if you have something left in the bank ?
Considering all this situation, how much money in % to leave in the bank ? How much in % to invest in food supplies, clothes, animals etc. ? How much in % to invest in gold and cryptocurrencies ? Thank you all. I think it is good for many to get some really good answers, because certain...
cassiopaea.org
'Right to repair' law to come in this summer
When the future predictions of the WEF included 'you'll own nothing and you'll be happy' and indicated that everything needed would be leased or rented I wondered what would happen with planned obsolescence. Best return on investment where things are leased or rented happens when those things have durability and longevity rather than breaking down or wearing out too soon.
Recto
Jedi
Meanwhile in the US the Right to Repair seems to be an uphill battle. Louis Rossman, a computer repair business owner who has a great following on Youtube, fought in favor of this kind of law for years without success. He recently posted a recap video on that topic after right to repair got passed in Massachusetts :
Just like with COVID-19 related national policies, it seems that there aren't (yet) a united front across western countries about that topic. Planned obsolescence from my understanding was introduced to force consumption on a regular basis (just like a rent). So no need to have hidden rent if you make it official ! Also with renting/leasing comes part-time/shared use of things, meaning we'll need less of each thing overall. So consumption will take a hit on that front as well.
Either they'll make less money out of it (and go for complete control of people) or those services will be horribly expensive (it'll be pretty much monopolies at that stage), or the people on top will try to play both sides and rise the cost of ownership of "lesser elites" by forcing them to buy less durable goods while keeping the renting model. Either way I find this future of little appeal...
Jo Bugman
Jedi
Cheesy hack: Ransomware attack on Dutch logistics company leaves supermarket shelves empty
Convenient hacks are likely to become much more likely.
unkl brws
Dagobah Resident
A documentary came out a few years ago called "The Light Blub Conspiracy" which details the untold story of Planned Obsolescence -
PabloAngello
Jedi Master
China is testing its digital yuan - may come with a use-by date
This via the Wall Street Journal on "China Creates its Own Digital Currency, a First for Major Economy" China's PBOC will issue the new electronic money By
China’s Digital Currency Is About To Disrupt Money
More than 60 countries have initiated moves to study the issuance of digital currencies: for a while, they will coexist with their equivalents on paper and with the growing use of cryptocurrencies as they stabilize their value. Welcome to the disruption of money. The repercussions will be huge.
www.forbes.com
Do you understand what does it mean?
All people in China will have to spend certain amount of their deposits whenever government decides. Other way those money will be useless.
- The money itself is programmable. Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump-start."
BHelmet
The Living Force
Even greater control and dependence. And if you say or do the “wrong” thing, they hit the kill switch on your money.
China is testing its digital yuan - may come with a use-by date
This via the Wall Street Journal on "China Creates its Own Digital Currency, a First for Major Economy" China's PBOC will issue the new electronic money Bywww.forexlive.com
China’s Digital Currency Is About To Disrupt Money
More than 60 countries have initiated moves to study the issuance of digital currencies: for a while, they will coexist with their equivalents on paper and with the growing use of cryptocurrencies as they stabilize their value. Welcome to the disruption of money. The repercussions will be huge.
Do you understand what does it mean?
All people in China will have to spend certain amount of their deposits whenever government decides. Other way those money will be useless.
- The money itself is programmable. Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump-start."
I can't believe I'm about to defend the CCP here - state controlled digital currencies have all kinds of evil totalitarian applications - but the idea of "expiring money" isn't new and has actually done some good! Read about the Wörgl Experiment - in short, it led to tremendously accelerated velocity of money, which brought back the local economy of Wörgl during the Great Depression. Here's a good summary: Currency Solutions for a Wiser World » The Wörgl Experiment: Austria (1932-1933) – lietaer.com
Expiring money is, at any rate, bad news for savers. It may be useful in certain situation like it was in Wörgl Experiment but I think ultimately there can be no trust in such money and so it will create underground economy, as always when trust is broken. And of course expiring money will be only for masses, as bankers will enjoy velocity flow.
edit>grammar
PabloAngello
Jedi Master
Another excellent bit of dot-connecting by Whitney Webb on the likelihood of a false flag cyber attack on the banking system and what it will help usher in:
www.sott.net
"The COVID-19 crisis has since been cited as the main justification for accelerating the "digital transformation" of the financial and other sectors that the Forum and its partners have promoted for years. Their latest prediction of a doomsday event, a cyber attack that stops the current financial system in its tracks and instigates its systemic collapse, would offer the final yet necessary step for the Forum's desired outcome of this widespread shift to digital currency and increased global governance of the international economy.
Given that experts have been warning since the last global financial crisis that the collapse of the entire system was inevitable due to central bank mismanagement and rampant Wall Street corruption, a cyber attack would also provide the perfect scenario for dismantling the current, failing system as it would absolve central banks and corrupt financial institutions of any responsibility. It would also provide a justification for incredibly troubling policies promoted by the WEF-Carnegie report, such as a greater fusion of intelligence agencies and banks in order to better "protect" critical financial infrastructure."
World Economic Forum warns of cyber attack leading to systemic collapse of the global financial system
A report published last year by the WEF-Carnegie Cyber Policy Initiative calls for the merging of Wall Street banks, their regulators and intelligence agencies as necessary to confront an allegedly imminent cyber attack that will collapse the...
www.sott.net
"The COVID-19 crisis has since been cited as the main justification for accelerating the "digital transformation" of the financial and other sectors that the Forum and its partners have promoted for years. Their latest prediction of a doomsday event, a cyber attack that stops the current financial system in its tracks and instigates its systemic collapse, would offer the final yet necessary step for the Forum's desired outcome of this widespread shift to digital currency and increased global governance of the international economy.
Given that experts have been warning since the last global financial crisis that the collapse of the entire system was inevitable due to central bank mismanagement and rampant Wall Street corruption, a cyber attack would also provide the perfect scenario for dismantling the current, failing system as it would absolve central banks and corrupt financial institutions of any responsibility. It would also provide a justification for incredibly troubling policies promoted by the WEF-Carnegie report, such as a greater fusion of intelligence agencies and banks in order to better "protect" critical financial infrastructure."