387
posted ago by Easter_Bunny ago by Easter_Bunny +387 / -0

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.

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17
Easter_Bunny [S] 17 points ago +19 / -2

That's great for short-term. I would suggest setting yourself up for the long term as well.

We're not looking at a week or a month here, this will be several years of fuckery.

Remember when Obama halved the stock market in 2007? The Dow Jones went from 14,000 to 7,000 in just over a year. It ruined a lot of people financially. It didn't get back to that point until 2013.

I am not Nostradamus or anything but we're starting to see these same warning signs. Then it was risky mortgages, people couldn't pay. Now it's forbearance, and it's looking like people aren't going to be able to pay. This is why they want to forgive federal student debt.

Get out of risky positions and situations, wether they're physical or financial.

10
Sdollar456 10 points ago +11 / -1

Obama wasn’t president in 2007

-1
Easter_Bunny [S] -1 points ago +2 / -3

That's when he was elected, it didn't happen overnight.

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Sdollar456 5 points ago +5 / -0

Nope, he was elected in 08