looking Into the Economic Reset Abyss
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LOOKING INTO THE ABYSS OF AN ECONOMIC RESET
(1) Looking Into The Economic Reset Abyss – YouTube
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About 10 days ago China and Russia announced they were preparing for this coming Economic Reset as the following occur:
1) Gold Backed Yuan hits on Monday
2) CIPS – Chinese Inter-Bank Payment System goes full on Monday along with the other 14 Programs now being set up for international trade – thus bypassing the Dollar.
3) Monetization of the US Treasury Notes begins full on Monday – causing the Money Supply to skyrocket and cause Hyper Inflation
4) If the stock market takes a dive we will see American Pension Funds fail across the board – like the Auto Workers Union Pension, Trucker’s Union Pension Fond, CAPERS for California Workers, the list goes on and on and on.
We do not know exactly when this Financial Reset will occur but if a new dollar will hit but we do know that America agreed with China several years ago to cut the value of the New US Dollar in half once the reset begins.
What may happen – like happened in Mexico when the Peso devalued 30% – is that when the dollar looses 50% of it’s value home loans and credit card accounts will also be doubled to account for this international loss of revenue by the US banks.
Thus a $1,000 Mortgage/Month will become $2,000/Month.
We have also been told that although power is generated internally the Power Companies will double their rates.
Not to be left out – Home Owners Insurance will also be raised to account for – well – any reason will do but rates will rise.
This will cause an estimated rise in Home Default Rates to exceed 70% in the first year and since the US Corporation owns most of the Fannie Mea and Freddie Mac accounts – you will then be ‘Renting” your home from your New Landlords.
Unless – we can find a way to make more money and ride out this New Economic Reset.
Here is where you come in Bob Kyola – with Trade Genius
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REFERENCES:
Here It Comes: China About To Launch “Tens Of Billions” More In Tariffs | Zero Hedge
Rand Paul Destroys The “Rotten Crumb-nibus” $1.3 Trillion Spending Bill | Zero Hedge
Trade Genius – YouTube – YouTube
TradeGenius Academy | Learn how to stock trade like the pros!
Here Are The 128 US Products Subject To Chinese Import Tariffs | Zero Hedge
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Whistler Blowers, Insiders
not true–in a deflationary death spiral like in the 1930ties they devalued the dollar 50 percent–they also passed a law that all debt was cut in half–they will do it again and if you want protection from that it is all about gold/silver but the average bin reader can hardly afford gas in their car so gold, silver is not an option…