If you're in a city, get the fuck out.
If you're in a blue state, get the fuck to a red state.
Washington DC is under military guard for a reason. Make no mistake about it.
The US has taken on 7 trillion (11 maybe?) in debt in the past year. That's about what Obama spent in his entire term. Do not think this is an accident.
The US housing market is being forced into low inventory to raise prices by government mandated moratoriums, these moratoriums will end June 30th 2021. When that happens the first domino falls.
You need to understand what the word forbearance is and how and where it's used. Housing, student debt, federal loans. A lot of people own a lot of money right now. Soon payments will be due.
The stock market is a clown show, unemployment is at 6.3% and stores are closing left and right. Manufacturing are moving to other countries. There's absolutely no data that says the market should continue to rise.
What happens when certain sectors of the market start crashing? More will follow. Your retirement will be liquidated.
What happens when housing prices start crashing? You could lose your home or become underwater.
Well the feds can just lower rates... right? Not this time. The only tool left is for the fed to print money. And their printer has been going non-stop.
None of this is sustainable. Look around, the warning signs are everywhere and the media isn't telling you about it.
They've been busy promoting rioting and crimes against you and your cities and infrastructure and your businesses. Next step is to financially ruin you.
I don't know what is going to happen pedes, but I see no positive indicators. Not dooming here, try and find any positive indicators. They don't exist.
Get out of your comfort zone and get somewhere where you can wether this storm.
Buy ammo. Buy bitcoin. Collect rainwater. Hunt for or grow at least some of your food. Have cash on-hand.
This thing we call modern society is an anomaly and shouldn't be taken for granted. Always have a plan.
I agree with everything you have said but I do have some questions. When the shit hits the fan and it all goes down, what protects the elite? Sure the Capitol is fenced in but do we honestly think those elitists will live on the Capitol grounds? They have to realize once they step outside of those gates, they are toast. What does government gain by acquiring foreclosed homes if no one can buy them? Yes, forbearance will come due soon and yes that will increase the inventory on housing but if everyone is unemployed and the dollar is worthless and credit is unavailable, how much loss can a lending institution write off and for all of those homes that were purchased under VA, how much can they endure? I think what I am getting at is, while all of your scenarios are very plausible, what is the end game for our Totalitarian opponents?
A totalitarian government cannot exist without a demoralized populace.
Ask yourself this, how does China feel about the United States in financial turmoil? We just had an election stolen from us, in plain sight. What stopped them from doing this? Nothing. So what'll stop them when they walk outside of their gates? Hate to say it, but going on recent history... Nothing.
I'm not trying to go all hyperbole and saying the end is neigh, I'm saying we've been living a little too well and it's time to buckle up and be prepared.
Housing will go down, potentially into a crash situation. It'll drag the market down. Your retirement will suffer. Cities will become more dangerous. Do what you can now to prepare for this. We'll have better days again.
They won't throw people into the streets, Biden will just print even more money.
That's their only option at this point, and that leads to inflation.
... which the market has just begun to get a whiff of (10 yr bond yield). Investors are still in disbelief though, they are not really believing it will happen. Thats why it hasn't shot up higher
In the blue states like Jersey where I am at, Totalitarianism has taken hold not with a demoralized populace but with a compliant one. They aren't demoralized at all, they think this shit is great. As for the cities, I agree. It is time to hightail it out of any urban center as they will become ashes and cinder in very short order when the shit hits the fan. I think housing goes down only because the supply will be stronger than the demand with all of the foreclosures coming on to the market. The next 4 years could be the greatest case of the "rich getting richer" in history. I also see a potential splintering of the nation very much along the lines of the Union/Confederacy. The biggest difference being the Southern states are the free states and the Northern states being the slave states.
South states were always the free states- even in confederacy.
True but for the lower education folks out there, it is easier to make the "Free State-Slave State" comparison to make it easy for them to grasp.
Its not nirth vs south its urban vs rural or more precisely big cities vs the rest of the state.
Except it's not. I live in one of the few Republican counties in New Jersey and we fall under Governor Goofy's bullshit. So even though we are of a "Free State" mentality, in reality we live in a Slave State.
I fully expect the chinese to start buying those foreclosed homes tbh.
Interesting thought. Ok, they buy them, what do they do with them? Who are they selling them to?
They hold them and over time china owns significant chunks of the US.
Well when millions die from the vax shots side effects over next couple years who will occupy the now vacant homes of the dead? China has a extra hundred million folks who they would love to colonize North America with.
Why would they sell to anyone? Hold them, give them to their kids, tell their puppets to turn them into section 8 housing, whatever.
They will be forced to sell for the same reason real estate investors sell. Because local tax boards don't give 2 shits who owns the property, they want their municipal tax burdens paid. How long will the ChiComs pay taxes on properties unlived in and not producing rental income? One property is manageable but thousands of properties with municipal tax burdens will be both crippling and a foolish investment.
Lol the people who didn't stop the steal ain't gonna do shit. Ammo is scarce too.
They want us dead. I do not mean just America.. or just whites. I mean they want billions of people dead. What is to profit from that? They already have everything. Thinking about profit is small minded for poor peoples. The elites want a reset of earth to a low population so they can have all the playgrounds to themselves and the rest of the people can be slaves under their feet.
The Rothschilds own half the planet. They are tired of all the idiots messing up THEIR back yards. Tech has come far enough now that they can automate almost everything. They do not need us. We are cockroaches to them. The total distructionn of the worlds monatary system will not faze the super wealthy. Because they own all the real wealth. Paper is not real wealth. These vaccines.. a means to their ends. Rip sheeple.