Anyone else remember that time lenders gave out no-down-payment mortgages to people who couldn't afford it, then they all defaulted, and the banks hid the bad mortgages in investment "vehicles" to spread them around the economy, and then it caused a global recession in 2008, and Obama gave said banks $700 billion dollars because they were "too big to fail"?
The USA and China are broke, WW3 is around the corner. When it happens the markets will crash and the rich will BUY BUY BUY while the poor get wrecked. Then hyperinflation will hit.
The WEF will then implement their plan and roll out digital CBDC's tied to digital ID social credit systems to SAVE THE WORLD!!
Immigrants? I mean you keep giving them stuff. It causes debt. That is what the economy is made out of. It works, it prints more money. I swear. Just look at that infrastructure and the price. Don't worry it's still growing just gotta print more money is all, and it just needs a few more immigrants. Give them your stuff, print more money, see it's the recipe for growth. There's more money and more debt, but it gets sold to China, because they bought it by printing money.
Anyone else remember that time lenders gave out no-down-payment mortgages to people who couldn't afford it, then they all defaulted, and the banks hid the bad mortgages in investment "vehicles" to spread them around the economy, and then it caused a global recession in 2008, and Obama gave said banks $700 billion dollars because they were "too big to fail"?
Wonder what they're doing these days?
Magic Eight-Ball says try again later. (this happened in reality, I asked it your final question and that was it's answer. Ironic, huh?
The down payment exists to protect the bank in case of default. This could cause financial system qinstability.
I am half Hispanic.
Was looking to buy a 2nd home, guess now is the time to pull my Latina card and out get myself a sweet deal.
The USA and China are broke, WW3 is around the corner. When it happens the markets will crash and the rich will BUY BUY BUY while the poor get wrecked. Then hyperinflation will hit. The WEF will then implement their plan and roll out digital CBDC's tied to digital ID social credit systems to SAVE THE WORLD!!
Screenshot this :)
Good luck everyone!
Immigrants? I mean you keep giving them stuff. It causes debt. That is what the economy is made out of. It works, it prints more money. I swear. Just look at that infrastructure and the price. Don't worry it's still growing just gotta print more money is all, and it just needs a few more immigrants. Give them your stuff, print more money, see it's the recipe for growth. There's more money and more debt, but it gets sold to China, because they bought it by printing money.
Yes, if one has not prepared for this, good luck.
Minimize exposure to debt notes, (FRN's). Transfer them into tangible assets.
Maximize exposure to self sustainment knowledge and experience. Beneficial skill sets, foraging, gardening.