Americans must prepare for great reset ($ devaluation); US strategy to erase its $37 (now 38 trillion )debt, and restore US financial health sans cutting deficit and additional taxes

It is more fun criticizing

There is no way by which US can physically pay back its $37 trillion debt.  Not by taxation or reducing its fiscal deficit.  US spending is at $3 trillion a year, and its debt service amounts to $1.2 trillion a year or nearly 15%  of total GDP.

How will US erase its debt (some say that this has began when Donald Trump signed its strategic reserve executive order)  purportedly to preserve Bitcoin and gold value. under a national emergency declaration    It will soon be a law

Here how it goes:

1.   Gathering bitcoin valued at $132 billion bought by US govt and/or seized in drug operations illegal

       gambling.

       Inventory of Gold,  8133 tons valued at $733 billion lodged in US treasury ledger at $42.22

2.  The reset:

       The bitcoin will be revalued now at $100,000 up to 10x  $1,000,000 or  $1.3 trillion

        And gold at $20,000  for a $5.2 trillion reset (gold hovers at $3-4,000 per ounce

       The US will set this to be in motion in 2026 and will be completed in 2027.  It is mathematically

        impossible to pay this 37 trillion debt:   reducing deficit and increasing taxes.  The solution is

        a reset done before in 1933 during the time of fmr Pres FDR

3.  The consequence:

     The US dollar will devalue by up to 70%,  (your savings and retirement will be worthless prices of

       house will double.  Life will be hard.  The govt in order to preserve its treasury will steal the value

      of gold and currency.  It is a legalized govt sponsored theft of US citizen wealth

4.  Who will be affected:

      This is the same reset made by FDR under EO 6102.   They are just repeating this

      Who are the losers?

      Wage earners -  the wages will be devalued.  

      Pension funds, pensions

      Savers

      Who will gain, benefit from this:

      The FED, 

      The US govt

       The politicians

      The govt showing its teeth, avarice and confiscatory power

5.  What you can do:

      1.  Lessen cash bank holdings - maintain balance good for 90 days

      2.  Like the survivalists:  concentrate on having food and water and power

      3.  Befriend people with farms and shelters.   

      4.  Have physical good assets.  Not the certificate.  A certificate shares with 100 others claim

           on physical gold.  Hide them well not in bank safety deposit box because US agents can 

           seal or confiscate the same

It took a while sometime for me to understand this and summarize this

US debt servicing hit critical level.

It is more fun criticizing

US debt service stands at 25% of total revenues.    Its huge and its eating large chunks of revenues that should go insteand to infrastructure, health, education.   What happens next o US?

Will the $35 trillion US debt an economic apoclypse to the world?

It is more fun criticizing

Noted in the world economic landscape:

    1.  China and Japan dumping US treasuries

    2.  No attempt by US lawmakers to stop deficit spending.  It is growing by $100 billion a month

    3.  BRICS nation making moves to dedollarize the world econonmy.

Elon Musk warns of economic cataclysm from this huge US debt.  There is no need to wait for the Biblical apocalypse.  It can happpen anytime soon

What could happen if US dollar/economy eollapses?

     1.   Dollar would be dumped as currency for world trade, US dollar returns to US domestic economy

     2.  The huge influx of dollar would drive hyperinflaction in US

     3.   Hyper inflation would drive down values of dollar now a reserve currency and destroy many

           central banks,   World economy can collapse

     4.   Millions, possibly billions of dollar holders would be driven to poverty.

     5.  World poverty follows.  

Personal Liberty P.M. Edition: Widespread Insurance Policy Cancellations Despite Obama's Promise

                              

Here is a another feed from Personal Liberty.  Personal Liberty site is concerned about growing trampling of personal liberty in the US.  The NSA, the Homeland Security proclivity to spy on US citizens, and even its allies have been growing. Malaysia joins the list of complaints vs alleged US alleged spying.  But it is even more dangerous and worrisome for US citizens.

The biggest concern of US citizens are the Cypriot like type of seizure of personal assets specifically bank deposits so that US Federal Govt debt can be paid.

But the big news is that despite Pres Obamas declaration that former insurance would be honored, the truth is that some 4 million would lose coverage.  That would be disastrous for the administration, not to mention the botched website by CGI Federal.

 


The other important concern is that93 million Americans would lose coverage under Obamacare! This is a plenty.  Many critics think that is the turning point for the administration.




                

From: Bob Livingston <eletter@news.personalliberty.com>
Date: Wed, Nov 6, 2013 at 8:31 AM
Subject: Personal Liberty P.M. Edition: Widespread Insurance Policy Cancellations Despite Obama's Promise

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		Brush up on the day's headlines with Personal Liberty's P.M. Edition news links.
		Here's A Map Of Jay Carney's 'Small Sliver' Of Americans Whose Insurance Has Been Canceled Thanks To Obamacare Remember Jay Carney on NBC's "Morning Joe" last week, telling a former Bush appointee that "only a sliver or cut" of the American population was getting policy cancelation notices thanks to Obamacare's one-size-fits-all coverage mandates? See How Big The Sliver Is… Senate Legislation Introduced To Deal With Expected Onslaught Of Domestic Drones Legislation introduced in the Senate this week would add mandatory privacy controls and transparency provisions to existing legislation meant to guide the United States into an era of widespread government and commercial domestic drone use. Read More…
		— Sponsor — Get an extra $9,600 (or more) out of Social Security Washington doesn't advertise these strategies, but they should! We've uncovered five different ways to legally maximize the amount of benefits you get back from Social Security. Click here to read more.
		Veteran Barred From School Property For Facebook Post Of Concealed Carry Permit Tanya Mount, an Army veteran living in Georgia, claims she was banned from her child's elementary school after the school's principal found a picture of the veteran's concealed carry permit on her personal Facebook page. Read More… ProPublica: Six Months After Obama Promised to Divulge More on Drones, Here's What We Still Don't Know Nearly six months ago, President Obama promised more transparency and tighter policies. The number of drone strikes has dropped this year, but they've continued to make headlines. On Friday, a U.S. drone killed the head of the Pakistani Taliban. A few days earlier came the first drone strike in Somaliain nearly two years. Has Anything Changed?... Hagel: Military Must Adapt To Nation's Redefined Role In World Speaking at the Global Security Forum in Washington, Defense Secretary Chuck Hagel warned against increasingly isolationist rhetoric at a time when global forces are realigning and threats both real and existential require action to keep Americans safe. Read More…

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