Now, it is no surprise that when I warn that the FSoA Debt has reached the point of no return, where interest rises faster than income and it becomes a mathematical impossibility to pay down debt, nobody cares and nobody pays attention. I am a nobody aging crippled ex-blogger who lives on the edge of poverty. Somewhat more surprising though is that when a Billionaire Hedge Fund manager says the same thing, nobody cares and nobody pays attention either! lol.
This is the hallmark of a systemic problem. When even people with immense wealth and power have just as little power to change our headlong rush into collapse as the most insignificant people, the problem lies in the system itself, not the people running the system. That's why it doesn't matter who gets elected as POTUS. Jesus Christ & Buddha on the same ticket wouldn't make a difference as long as the capitalist system and the international banking cartel control the global economy. Ray Dalio is of course a major beneficiary of this system so he doesn't really want it changed or believes it should be changed, but even if he did he wouldn't be able to do a damn thing about it. To change it would take minimum 100 Ray Dahlios all sitting around a big table together and deciding collectively that they would all take all their wealth and power over the Bond Market to bring down the government of every country on earth by not buying their debt. This would of course bring them down at the same time, because Goobermint debt is what Private wealth is based on. So obviously, they will never do such a thing.
Now, normally in the past when the situation arises you have numerous Goobermints all going broke, they all go to war with each other. Then the rich folks loan money to both sides to fight the war, and then they collect the assets of the countries that lost the war. Doesn't matter which side loses, the rich folks collect either way. The winning countries attempt to recoup the money they spent to win the war by charging the bill to the losers.
This time around, it's unclear which countries the rich people will place their bets with and how much, and even more unclear is what would be left to take as payment once the war is finished. It's not clear how to even fight the war or how to prosecute it once a few critical systems are taken out, like the electrical grid and telecommunications network of your own country.
So, in the end the same thing happens as if the Billionaires sat around the table and shut it all down, it crashes either way. War is inevitable either way also. Once it reaches a oint whether the remaining energy supplies go this way or that way and there's not enough to go both ways, we will get the war on even bigger scale then Israel in Gaza. That is just a playground scuffle. The main card is still to come.
https://markets.businessinsider.com/news/bonds/ray-dalio-us-debt-crisis-outlook-federal-deficit-interest-payments-2023-11
Ray Dalio says US is reaching an 'inflection point' as debt starts rapidly accelerating
RE
Ray Dalio says US is reaching an 'inflection point' as debt starts rapidly accel
Started by RE Nov 20, 2023, 07:38 PM
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