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ricardo kowalski
Reventure Consulting
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Comments by "ricardo kowalski" (@ricardokowalski1579) on "Reventure Consulting" channel.
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I have been told, from reliable sources, that the consumer is flush with cash from the quobid helicopter money All this talk about credit card is none-sense!!! (((JA JA JA)))
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There is no loss. They took the money out of these banks and deposited into that bank There are not 400 billion dollars in bills under grandma's matress. They are still in the system.
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As with all ponzi schemes, they collapse not WHEN the money coming in reaches ZERO. The collapse is caused by a SLOWDOWN of the money coming in. True, "number go up" depends on "printer go BRRR" Debt fueled housing bubble bust doesn't require the printer to become silent...just for it to go from BRRRRRRRRR to brr
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the problem is that the "people that bit more than they can chew" and are not held "to contract" is the GOVERNMENT, the representatives and the senators. Private debt is pocket change when compared to the government debt. Pray do tell, which bankruptcy court will freeze, and liquidate the US government's assets? This is the problem of giving legislative power to the same guys that have all the guns
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