Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "🔴 Ep. 420: A Nation Can't Tax Itself Rich" video.

  1. Trump doesn't understand economics this is why he went bankrupt 6 times, he sounds like a big idiot.
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  2. @Motorcitymadman I have bad news for you. The Federal Reserve will not let banks collapse. If a bank does go under, the Federal Reserve just takes it over and re-capitalizes it. Back in the late 1980s, a lot of banks collapsed due to the saving and loans scandal, and the bank my father banked with collapsed. The FDIC gave my father all his money back in a couple of years. I know a lot of people are hurting economically, and they are frustrated that they aren't getting anywhere economically. They want to escape in a world of fantasy and that genre being the prepper collapse cult. Believing that if the system and civilization totally collapses, I will not have my creditors hounding me everyday, and I will be free. You're debts will stay with you for the rest of your life. If you don't pay your mortgage, the banks will use the law enforcement to evict you from your home with a foreclosure. If you don't pay your property tax, the county will put a lien on your home and seize it in a few years. Banks will get bailed out, because everyone depends on it. As for you, no one gives a shit about you, not even Donald Trump. That is the reality. For most of you who are heavily indebted, your future is very clear when all the bubbles pop. You will lose your livelihoods, you will lose your home, lose your car or cars, lose your wife, lose your kids, and live in the streets. There will be no total collapse scenario where you get to use your Ar-15 on hoards of people. Once you lose your home, all the preps you made will not mean anything. Where are you going to put all your guns, ammo, gallons of water, stocks of food, and equipment. Are you going to put it all in your shopping cart. Preppers think they are smart, but I think they are the biggest idiots out there.
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  3.  @frasersamuel2867  Trump is a big loser and a conman. This is why he isn't showing his tax returns.
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  4. @Motorcitymadman If the system crashes, you can't get your money out of the bank. Unless, you are some Hill Billy that lives in the backwaters, most of us need to pay our bills with our bank accounts. We also need to order supplies with our credit cards, have lines of credit, debit cards, etc. We also get checks that we need cashed by the banks, whether you be working for someone or operate your own business.
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  5.  Truth  Stop trying to project your pathetic excuse of a life on everyone. Just because you collapsed economically, doesn't mean everyone will collapse like you. People who didn't get themselves into excessive debt, paid off all their debts, and saved their money will survive this. They may even thrive by being able to buy undervalued assets. It sounds to me, people like you have a lot of anxieties due to the fact most of you doomtards were probably the most financially irresponsible people out there. Just because you lose your livelihood, lose everything you own, and end up in the street isn't EVERYONES problem. It's your own problem.
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  6.  Truth  It seems like people who are really not doing well economically are very angry and want to blame everyone. They want to take everyone down to their level. Is that why people like you voted Trump? Just because you people are fucked, you want to take down the whole US economy. You want us to be destitute like you, right? You want this whole economy to collapse. Isn't that why you people are drinking yourselves to death, taking drugs to numb away the pain?????
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  7.  @staffananderstig4821 nope, we will have to buy made in India, Nepal, Vietnam, etc. As for electronics, we will still be buying made in China, because they have all the infrastructure and technical know how.
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  8.  @shortfuseband  you know what, when we head into another recession, we all know who to blame. We can all safely blame Donald Trump. Peter Schiff is quite an intelligent guy, he knows Trump will not be win the 2020 election. You're fake president will only be a one term president, he can blame everyone he wants for the coming stock market decline and the recession that proceeds it. We all know Trump caused it.
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  9. That's false, because we had recessions before we had a Federal Reserve Banking system. Panic of 1785, Copper Panic of 1789, Panic of 1796-97, recession of 1802 to 1804, Depression of 1807..... Panic of 1857, recession of 1860 to 1861, Panic of 1873, etc, etc. Lastly, the Panic of 1910 to 1911, which led to the creation of a central bank of the USA aka Federal Reserve Banking system. You people are really very poorly educated and ignorant of real history. You just cherry pick what you want from history. You will always have recessions in a free market economy, it happened before we had central banks. We had many depressions, and recessions in history, yet we survived through all of them. People who were over leveraged lost everything, so what. People make dumb choices, they suffer the consequences of those bad decisions. Stop blaming other people for your problems loser. This is why losers like you voted for Trump.
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  10.  Truth  is your name Truth or TOOOTH. LOL
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  11.  Truth  my name is tooooth, and I know the toooooth. I told people to prepared for a total collapse scenario for 10 years. Never happened. All the financial advice people like tooooth gave to people turned out to be not! LOL
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  12.  @shortfuseband  you're a stupid troll. Lisa, just ignore shortfuseband, he is a loser troll who lives in his mommy's basement. The best way to counter trolls is by ignoring them. They are already ignored by society, so we can ignore them here as well. LOL
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  13.  @shortfuseband  it isn't my fault, you are a stupid and incapable of being successful.
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  14. You can believe whatever you want, but reality is reality.
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  15.  @shortfuseband  I never went bankrupt loser. I know a lot of people who voted for Trump are losers.
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  16.  @shortfuseband  losers are good at blaming other people for their problems. They never reflect on themselves, so they lose again and again. They believe in delusions, like if I buy silver I can crash JP Morgan. If I buy Bitcoins and cryptocurrencies, I can stick it to the Central Banks. If I spend my life saving on survival foods, guns, ammo, silver, and other useless things, I will be prepared for a total collapse or SHTF scenario. Blah, blah, blah, nothing people like you ever believed in ever happened. Most of what people like you said amounted to bad financial advice for the people who followed that advice. LOL
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