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Politics : A Real American President: Donald Trump -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (335411)2/16/2022 10:00:51 PM
From: GUNSNGOLD1 Recommendation

Recommended By
isopatch

  Read Replies (1) | Respond to of 457673
 
The scary thing is the banking crisis that will come.

This is the scary part.

90% of the population have bank accounts.

Somewhere around 55% own stocks.

When the stocks crashed people always had their savings to cushion the blows.

This time it will be different you will have neither.

Which reminds me of:

Gold is the money of Kings

Silver is the money of gentlemen.

Paper is the money of peasants.

And debt is the money of slaves.

Those who rely of paper assets will become peasants and the highly leveraged (i.e. $80K cars and $250K houses) on a $50K year job will become slaves.

G-n-G