https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/what-is-really-the-game-with-the-bailouts/
There is a major crisis economically unfolding and the markets are not yet taking into account the seriousness of the economic damage. I have explained that this is a Coronavirus Bankruptcy Pandemic which has put about 30% of the retail service industry in the crosshairs of insolvency. But there are smaller municipal governments that are also bankrupt as we see with some of the first filings starting to unfold here in May.
With nearly 80% of the civil workforce employed in the service sector, these schemes of keeping the economy locked down are profoundly dangerous. They fail to realize that this is undermining society in a major way that it is not going to return to normal even with Bill Gates’ certificates to prove you have been vaccinated by him personally.
The Democratic states are refusing to open up when there is no real justification to keep their economies closed. What is really going on behind the curtain is a clever trick. The $1 trillion that Pelosi was stuffing in the Democratic Bill is money to bail out state and municipal governments which have been going broke because of their unfunded pensions.
The scheme is to crash their economies and then blame everything on the virus and then blame Trump for not bailing them out for the 2020 election. This is a very clever scheme being relayed in whispers from behind the curtain. They are using this virus as cover to bail out 70 years of fiscal mismanagement.
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[–] mkniat 0 points 2 points 2 points (+2|-0) ago
The only thing that will save us is the gold backed US treasury money system which is being implemented in phases
[–] LakotaPride ago
Exactly Patriot, and Gold is the kill shot of the Federal reserve, it no longer exists. pretty clear where this is going. federal reserve should start doing their farewell tour. and I say good riddance.
[–] jtreddit 0 points 2 points 2 points (+2|-0) ago
The money is not gone, Trump can forfeit their assets, which is the EO of December 2017, if things go unfixedly bad. That is the Trump card. Trump is not worried.
[–] Idkitall ago
Do you have a link handy to that EO..?
[–] mkniat ago (edited ago)
They have, including recovering trillions of dollars worth of gold from underground DUMBS
[–] Truthstone 0 points 1 point 1 point (+1|-0) ago
World Monetary system is done it has been for some time! They need a new system bitcoin was the test for NWO electronic currency. How do you keep a system going after it has already crashed print money, bail out call it quantitative easing (QE)! It's been going on since 2008 nothing was fix! You need a strong economy for a switch to something new that's what Trump's trade wars were about. This is world wide not a US issue everyone is bankrupt! Dems know this and using it to make Trump look bad! All numbers are fixed!
[–] jtreddit ago
Bitcoin is not inherently bad. Technology is always a tool, can be used for good Or bad purposes.
[–] TurquoiseLover ago (edited ago)
They don't fail to realize anything it's on purpose. Oh and I'm not getting one of billy gates vaccines.
The states that are going bankrupt from unfunded pensions haven't funded them in over 30 years (Illinois). I'm NOT paying for them. They wasted all their money on illegals and scum like barry.
Plus, the pensions they pass out are fully funded by the taxpayer what a load of crap that is. The taxpayer even picks up their full health insurance costs (imagine how the sleazy insurance companies enjoy that).
If the taxpayers are too stupid to figure out what is going on let them go bankrupt (they elect clowns like pritzker who seem to have money to buy barry mansions in Hawaii somehow).
[–] Commercial_Storage 1 point 0 points 1 point (+1|-1) ago
OH but I think people are AWAKE now and see it for what it is..and will react come VOTETime!..WWG1WGA
[–] pizzaequalspedo ago
Let’s hope so but I see very few that are truly awake.
Some are definitely starting to see the Dems are playing politics but overall still sheep.