I’ve seen the lights go down on Broadway
I saw the Empire State laid low…
Look: It’s a prediction, but it’s an informed one. Would love to hear from some of you in the financial industries. I realize unfunded liabilities that don’t get paid don’t contribute to the actual debt: no money to pay means no money to pay. But I also realize that people counting on those promised entitlements are probably not just going to roll over and die.
I know. I was alive in the 70s.
So here we are: Cloward Piven by way of destroying the dollar standard. Which in turn will lead to an increase in commodity prices, soaring interest rates, and a set of regulations meant to keep ordinary citizens from protecting themselves by way of financial diversification.
Radical Marxists who for years planned a way to crash a world’s superpower are now in the positions of power to do so. And it could be as soon as July.
But no worries: clean debt ceiling increase! Plus, crush the TEA Party! Go team aristocracy!
(note: this is a lengthy presentation that I think is worth your time)