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Joe Swanson
Heresy Financial
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Comments by "Joe Swanson" (@joeswanson733) on "Debt Limit Deal Means Massive Borrowing Binge is Coming" video.
We have essentially reached the limits of debt based monetary system
46
@GeoffBosco everything is about cycles. Now assets that can be denominated in any currency, Heresy said gold, real estate these withstand the passage of time and cycles. Stocks bonds and cash are ....at your discretion
4
it's designed to be this way. they don't tell you jack sh-t. keep you in the dark and f you over later.
3
CBDCs here we come.
2
we've been screwed since 2008... it just takes years for it to catch up
2
... how can we have more than the us military budget set aside for ukraine... wouldn't that be doubling our military expenditures?
2
our entire system is based on paying interest... nothing else
1
@edd542 people don't like people that make predictions for some reason... well might as well hate on the weather man. since his job is to predict the weather.
1
let's repeat after me children... cash is trash.
1
the global elite are above money.... they are the ones that write the tickets...
1
the more the us does this eventually people will take the chance pay the higher cost to decouple from the USD and go to brics ... people say oh that can't happen... you poke hte bear enough times people will leave.
1
keep in mind here the us is run like the mafia. the us has the biggest protection racket in the history of rackets... the us can just go to japan and persuade them ... to buy more tbills if push comes to shove or something bad happens.
1
QE on steroids.
1
actually we are seeing our purchasing power getting eroded more and more as time goes on ... just ask yourself. what can you buy with $1 anymore...
1
i figured if they were seriuos about this they would need to cut all discretionary spending this includes all military spending and all mandatory spending by 10% across the board just to be below their yearly tax receipts... O_O that's how bad the federal government is at now.
1
the us is at war with russia and we're using ukraine as a proxy... i think that has brought you up to speed.
1
@brawndothethirstmutilator9848 you have to think more forward. brics is a joke now... you don't want to say they will be a joke in the next 100 years... because by then well the west will be the joke.
1
@brawndothethirstmutilator9848 it's called mutual hate for one enemy... it works every single time. many alliances rely upon a common enemy
1
@brawndothethirstmutilator9848 time will tell
1
@headlibrarian1996 problem here is bank cds are almost always below tbill rates. people see tbills go up people yank money from the banks in masse to buy tbills basically it is engineered destruction.
1