Mindweapon predicts collapse.
The Collapse is still on, as a mathematical certainty, and likely sooner than later. The past few years have been a temporary reprieve, but don’t throw out your stored food just yet.
The banking system is broken, and is faced with a Hobson’s choice; Federal Reserve lending interest rates have been 0% — in other words, they give away money for free, and eat the cost of printing it.
However, 0% interest rates break the pension and insurance systems. Both pension and insurance need to earn interest to function AT ALL. They are based on earning interest (DUH).
However, when Yellen raises rates, when she is FORCED to raise rates, then it’s like 2008 all over again. The “temporary band aid” of ZIRP (Zero Interest Rate Policy), of quantitative easing, has to get yanked off to reveal the gangrene beneath.
The American people are like children in a family that…
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