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Joined 1 year ago
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Cake day: June 24th, 2023

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  • I think that the government isn’t moving aggressively on this file because if they did, there would be a massive correction and many landlords would go bankrupt. It would be political suicide.

    I think what they are hoping for is that the correction will happen organically and gradually so that they are not blamed for the fallout and so that the impact is diminished. The problem is, I don’t think that people can hold out and regardless, there will be some pain for all groups. The damage is already done, and fixing this will be painful.
















  • I have good reason to believe that the US government has abused their economic homogeny and taken on way too much debt to the point where other countries are doubtful that they will ever be able to honour that debt. These sovereign nations see the writing on the wall and China smells blood. I believe that the US dollar will collapse altogether and everyone else dollar along with it. At this point, China will come in and offer an alternative that is tied to gold, just like the days of old. Then China will take over this homogeny.

    I really hope the western elites have a plan otherwise this is going to be some changing times.