3) Don’t fughet Obama is leaving us a Ponzi scheme, added ~8 trillions in debt with rates at 0. If they rise, costs of deficit explode…
— NassimNicholasTaleb (@nntaleb) November 20, 2016
shtfplan.com / Mac Slavo / November 23rd, 2016
Enjoy your turkey, family events and holiday cheer. Enjoy the changing political environment and the strange sense of normalcy that has returned since the end of the election.
None of it is likely to last. 2017 may prove to be pretty brutal.
Now that the Western world has turned in the direction of Trump and Brexit, it may be that the bankster class is prepared to start the next phase.
The pressure that has been building since the 2008 economic crisis is poised to topple the system again. As reputed author James Wesley Rawles of SurvivalBlog.com points out, negative interest rates and big debt governing under Obama have set us up for a fall. Easy money, cheap money and free flowing, unlimited credit to the top of the heap have brought things to a desperate point of no return.