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originally posted by: JAGStorm
I know the end goal is to go all digial with money. Anyone that doesn't realize this, please get with it. It is happening.
I always wondered how, but I think it is becomming very clear.
Here is a simplistic breakdown of what I think is happening and what is going to happen.
Covid
Mass societal disruption.
Employees got a taste of home life and didn't want to work, some people decided on early retirement.
Lots of missing people from the workforce which forced many small business to close. This caused a chain reaction which then causes other
business to close.
Student loan payments deferred, rent deferred, stimulus, child tax credit.
All basic need prices skyrocket - Food, shelter, healthcare, clothing.
At some point payment will be due... Where will that money come from? I've heard from so many on social media that they will never pay their
student loans, or other loans again. So what happens when a whole generation does this? What happens when the bills are due and debt is skyrocketing. At that point some of those job opening will not be there because all the smaller place went under, all the bigger places have already invested in automation.
Here is my guess. They will forgive certain debt and give people money/UBI only on crypto. This will the new digital monetary revolution.
I know people say gold and silver blah blah blah. This generation wears silicone wedding bands. You think they care about gold?
Once the boomers are out, it will be even easier and I think that is part of the agenda too.
For those that are stable financially. I think taxes are going to get so ugly it will bring down many. It will also be intersting to see what happens with the housing markets and how real estate is handled.
Taxes have been getting ugly for years. Invest in recession proof businesses if you can. My wife and I are funding a vape store / smoke shop for our kids to run.
originally posted by: nOraKat
a reply to: ThatDamnDuckAgain
Again the only way out it seems is to leave the system - be a self sustained farmer or whatever. They will eventually come for them also.
This is basically the plan to destroy our economy. Give away free money.. then nobody works and only consumes and businesses go under until you only have the big NW 0 companies left.
Here is my guess. They will forgive certain debt and give people money/UBI only on crypto. This will the new digital monetary revolution.