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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9
ConsrvspkgNJ 9 points ago +9 / -0

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?

8
BigBobbyB 8 points ago +8 / -0

I fully expect the chinese to start buying those foreclosed homes tbh.

2
ConsrvspkgNJ 2 points ago +2 / -0

Interesting thought. Ok, they buy them, what do they do with them? Who are they selling them to?