Well, as long as they are not Ukrainian ..................... That is much worse!

@bobbo666 He claims to be in croatia but doesn't know how to read or speak croatian!!!

Russian spy!!!

@samtilley If you shoot as accurately as you judge people, you can't hit a target the size of a barn, two feet away from you, cowboy.

@Krunoslav He claims to be in croatia but doesn't know how to read or speak croatian!!!

@Krunoslav come on over here from new york and find out out!

You are a fake!!

Ti si lažnjak! Ne živite u Hrvatskoj. lažete u Americi

@samtilley So bloody what? Croatia is one of those countries at a crossroad. Every tribe on earth probably passed thru there. Expecting anyone to speak the language associated with just the name of the country is a bit restrictive. A lot of Russians probably don't speak Russian.

@bobbo666 If you make the claim to be from and live in croatia, you should have at least a passing knowledge of the language. You type and speak english????

@samtilley At least use a better translator, genius.

@Krunoslav Really?? What does it say russian spy???? FAKER

@samtilley If I was a Russian spy. What would I be spying on in here?

@Krunoslav You should probably ignore the troll. He has abandoned logic and is deep into just feelings.

@bobbo666 bobbo666 another satanist!!!!!!!!!!!!!!!!!!!666 666 666

@bobbo666 That's true. He is beyond help. I should mail him a T-Shirt, that says; "I uncovered a Russian spy and all I got was this lazy T-Shirt." lol

@krunoslav finially being honest whith everyone!!!!!!!!!! Still have said what i asked you!!!! Faker

I truly believe if Trump hadn’t been hit with the PLANdemic, he would not been in the red in this debt graft.

@FEWI "The legions of reporters who cover politics don't want to quit the clash and thunder of electoral combat for the dry duty of analyzing the federal budget. As a consequence, we have created the perpetual presidential campaign." -- Hugh Sidey

I think one president or the next would not be able to stop the big goverment becoming bigger, nor would Trump do that because his whole fortune is dependent on stock and real-estate bubbles, so naturally he equated that bubble in that to economy. The FED was created in 1913, one president or another as you can see makes no difference. Any politician who is next in line will have to create more credit to borrow to pay for the mess and big goverment. Any president who tries to shrink big goverment will be arranged to drive trough Dallas Texas in a convertible, if you know what I mean? Congress just pushed for what was it, almost two trillion dollar bill and that is only small portion of how much they need. Except triple that.

Also people are mostly unaware that whole system was imploding in 2018-2019 and if the scamdamic was not declared what we see today would have happned few years earlier. So the scamdamic was a lab sent opportunity for these goverments so deeply leveraged.

Trump had to borrow double the Obama rate as Biden will have to borrow double or triple the Trump rate. The debt is moving exponentially and its a train that has left the station and will not stop and cannot be stopped until it goes off clif. Trump, even if he wanted could not stop it, but he didn't help, that's for sure.

Donald Trump built a national debt so big (even before the pandemic) that it’ll weigh down the economy for years by Allan Sloan and Cezary Podkul | ProPublica January 17, 2021 @ 5:00 am

[ctmirror.org]

@Krunoslav Sorry , I understood that the debt was actually what each president spent during his term. Why should he be blamed for debt incurred by a previous numbnut? Makes no effin sense.

@Krunoslav It’s not like he is giving billions to other countries like the others did. If anything, he spent it on American interests.

@FEWI "Sorry , I understood that the debt was actually what each president spent during his term. Why should he be blamed for debt incurred by a previous numbnut? Makes no effin sense. "

Actually in this ponzi scheme it makes perfect sense. By the way debt is not what president spends, that is extra debt, the debt comes from also interests on all the previous borrowing as well as future borrowing. Pretty soon debt will be 40 trillion and I don't know what the interests will be to pay just to be able to borrow more to pay more, anyway the interest rates that goverment has to pay on just borrowed so much will be more than it can collect in taxes. So the whole thing is based on debt. Nothing is real, just ones and zeros and extortion of others to pay for it and continue believing in the ponzi scheme.

" The interest on the national debt is how much the federal government must pay on outstanding public debt each year. The national debt includes debt owed to individuals, to businesses, and to foreign central banks, as well as intragovernmental holdings. "

[thebalancemoney.com]

@FEWI

The US federal goverment has been running non stop in deficit mode, meaning they spend more than they collect in taxes, since the 1970's. In any normal situation, this would mean the US goverment is bankrupt since the 1970's, but instead the US goverment keeps spending more and more each year. So how does that work? Well it works like this.

The FED or Federal Reserve Bank, which is neither federal, its private collection of banks, and its not a reserve, its not even one bank, but several. They have been authorized by the US goverment to essentially create credit out of thin air, the "US dollars" which since the 1970's has been nothing more than fiat currency. The FED creates this fiat out of thin air, borrows it to US treasury, which gives it to goverment to spend and gives back the FED I.O.U.s. Especially a promise that it will pay back the private banks that created the dollars out of thin air, plus interests.

Naturally as the goverment spends more it cannot pay back what it spends, it cannot collect in taxes, because there is not enough, so it has to borrow more to pay back the debt from previous year. Since everything is a giant ponzi scheme. the way US goverment pays the FED and is by borrowing more form FED as well as stealing it from US citizens with taxes on anything it can get away with and most importunately by stealing from other countries, that is why there are US invasions and regime changes everything around the world.

Important thing to point out is that governments do not have money to spent. They can only take from one group and give it to the other or borrow, or steal from other nations. Its a cartel.

So if the US federal goverment has been bankrupt since the 1970's and is running deficits in normal situation it would mean goverment could not operate, but they do. Trump could not be a president of a goverment that cannot afford to keep itself in office. So they keep borrowing.

When Trump came into office, he was confronted with situation similar to 2008 only worse. So he told Powell at the FED to keep the interest rate low so the goverment and cronies could borrow more cheap "money" In fact they kept the negative interest rates to stimulate borrowing. If you wan to take about things that make no sense, that is it.

In other words, the Trump boasting about how great economy was is a lie, because the only thing he managed to do it make the everything bubble bigger. And he tried to sold that as functioning economy. It is not.

People say he lowered the taxes. That is also false. By telling FED to keep printing so the goverment and others can borrow at negative interest rates, he promoted increase in inflation. And what is inflation but increase in money supply. In other words, its taxation without legislation. Since no politician wants to raise taxes in traditional way, that is politically unpopular, they print instead, which means they tax everyone who owns the currency and they don't have to ask for your permission. And that is what happened under every president since it started, except as the goverment gets bigger and waste more money and inflation devalues the currency, every new guy has to borrow more. Exponentially more. Just by being in office, Trump has to borrow because the office cannot afford him unless they borrow.

Even if Trump was just in office and did nothing, not even take salery, he would have to encourage goverment to borrow to pay for more borrowing. Anything else, from building border wall, or anything else, from expensive wars and all that, all that is borrowed credit. When Trump took the job he was going to have to borrow at least twice as much as Obama just to function in this ponzi they call US goverment. And conversely when Biden came into office, same thing. He has to borrow, now twice or more as much as Trump did. After Biden, lets say Trump is in office again he will have to borrow twice as much as Biden.... at least. It moves exponentially.

@FEWI "It’s not like he is giving billions to other countries like the others did. If anything, he spent it on American interests. "

Actually he continue to send weapons and other "aid" to other countries, which money laundering and bribe including to Ukraine off course, and Isreal off course.

Although when Trump started asking questions about NATO and Ukraine they impeached him.

Why The Trump Decision To Delay Aid To Ukraine Is Under Scrutiny
December 6, 20197:42 PM ET

[npr.org]

Breaking Down the Math Behind Trump’s Claim That Israel Gets $4.5 Billion From the U.S.

Obama gave Israel a $3.8 billion in security aid – so where are the missing $700 million Trump was referring to?

[haaretz.com]

...........................

Bottom line is that he, He can't spend something he does not have in the American interests. The goverment is bankrupt since the 1970's. Anything they "give" to American people is what few American people who work pay for dearly, and generations will pay for the rest that the goverment borrowed and so did the individual people as well. You buy cars, houses, vacations etc on credit. Its been so normalized its crazy.

Also lets not forget Trump "warp speed" operation where he gave billions to big pharma to poison everyone and was bragging about it still after he was out of the office. Bad, Bad move.

@FEWI Gold & US Dollar | Money & Monetary System | Bretton Woods | World Currency System | Documentary

Dec 25, 2020
End Of The Road: How Money Became Worthless - Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse.

End Of The Road: How Money Became Worthless (2012)
Director: Tim Delmastro
Writers: Jason Spencer, Tim Delmastro
Stars: Adam Fergusson, G. Edward Griffin, Mike Maloney
Genre: Documentary
Country: Australia
Language: English
Release Date: 18 August 2012 (USA)
Also Known As: Χρήμα χωρίς αξία
Filming Locations: USA

Storyline: Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse. Told in an entertaining and easy to follow style, the film tells the story of how the world came to be in such a state, from the seeds sown after WW2, to the current troubles facing us today, and to the possible future that may await us all. Some of the world's top economic minds share the hidden tale behind the mishandling of the world's finances, give insight into how bad policy and a flawed monetary system joined together to create a catastrophe, as well as sharing their own personal advice on how the average person can best prepare for their financial future.

Review: "Some people apparently wrote some negative reviews about this documentary. They mention that the documentary is about propaganda from "neo-cons" and "gold dealers". This is a lie, the documentary interviews people who understand the situation and many of the people interviewed predicted economic events, because they understood the reasons.

The left wing propagandists writing these negative reviews do not like these facts because they are critical of big government and central planning.

............................................

The Day the Dollar Died - Director's Cut

The so called "Nixon shock" was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold.

Although Nixon's actions did not formally abolish the existing Bretton Woods system of international financial exchange, the suspension of one of its key components effectively rendered the Bretton Woods system inoperative. While Nixon publicly stated his intention to resume direct convertibility of the dollar after reforms to the Bretton Woods system had been implemented, all attempts at reform proved unsuccessful. By 1973, the Bretton Woods system was replaced de facto by the current regime based on freely floating fiat currencies.

[en.wikipedia.org]

@Krunoslav Geeeez. Thanks for the extensive explanation. Geeeez. What a cluster.

@FEWI No problem. Yeah, its a disaster and its stretches beyond US borders. Every country in the world is affected to some extent.

@FEWI If you have the interest in reading more I would recommend this...

Experience vs. Theory

[goldswitzerland.com]

@FEWI And this:

Russia’s intentions are clarifying
Jan 26, 2023·Alasdair Macleod

We have confirmation from the highest sources that Russia and the Shanghai Cooperation Organisation (SCO) are considering using gold for pan-Asian trade settlements, fully replacing dollars and euros.
In an article written for Vedomosti, a Moscow-based Russian newspaper published on 27 December, Sergey Glazyev, a prominent economic adviser to Vladimir Putin who is heading up the Eurasian Economic Union committee charged with devising a replacement for dollars in trade settlements sent a very clear signal to that effect. It appears he will drop earlier plans to design a new commodity-linked trade currency because it has been superseded.

Furthermore, increasing numbers of nations have joined or have applied to join the SCO as dialog members, including Saudi Arabia and other important Gulf Cooperation Organisation members. The economic benefits of discounted energy, China’s investment capital, and sound money are the ingredients for a new, Asia-wide industrial revolution, while the economies of the western alliance sink under rising prices, rising interest rates, collapsing financial markets, and collapsing currencies.

While it will mark the end of the road for the western alliance and its fiat currencies, Putin must be careful not to take the blame. Now that the alliance is racking up tanks and other equipment for the Ukrainians, they are actively promoting a new battle, with NATO getting almost directly involved. It is that action which will drive up commodity prices, undermine western financial markets, undermine government finances, and ultimately collapse their currencies.

Putin is likely to use NATO’s impetuous action in defence of Ukraine as cover for securing Russia’s future as an Asian superstate, which will be the west’s undoing.

Summary

We rely on central banks to ensure the commercial banking network’s integrity. At the least, the need for accelerated currency and credit inflation to support a tottering financial system upon which the western alliance depends can be the only solution — at the expense of their currencies.

That the western alliance is sinking into a debt crisis of its own making is unarguable. Its geopolitical strategy run by yesterday’s hegemon has already backfired by driving up energy prices for the benefit of its enemies. The time has come for Russia to oversee the financial coup de grace. Oversee it, because Russia will use the cover of the western alliance’s aggression and the consequences for its markets and financial system to deliver the blow. Russia is thinking ahead, while the alliance is in gung-ho mode.

Just as the consequences of banning Russia from SWIFT did not appear to have been thought through in advance, the consequences of a new phase of the war over Ukraine are dismissed. In initially at least, in the west a move to gold by Russia will be seen as a defensive response to protect the rouble and the value of Russia’s pan-Asian exports, and a deliberate attack on western fiat currencies will not be suspected. The evidence will be seen in a gold price which rises beyond expectations.

Russia will not make formal announcements about gold standards, because there is no need. Nor will China: instead it might reveal an increase in gold reserves. And having dropped the EAEU trade settlement currency as the intended replacement for the dollar, the SCO will effectively adopt gold in its place.

Initially, a soaring gold price valued in dollars will not create undue alarm in the western establishments: after all, it has been demonetised. This will be followed by denials of its importance. But as Sergey Glazyev put it in his Vedomosti article, gold will be used to price all major international goods (oil, gas, food, fertilisers, metals, and solid minerals). That being so, these prices will be stable with low interest rates, while prices and interest rates will be soaring in dollars. And it will then become obvious to a wider public that it is not prices that are soaring, but dollars collapsing.

But as fiat dollars, euro, yen, and pounds lose purchasing power against not just gold but all commodities, comparisons are bound to be made between the relative success of the Russia-China axis embodied in the SCO, the EAEU, and BRICS. Driven by Chinese savers, capital investment, discounted energy, and sound money Asia will boom.

And there will be little that America and its NATO allies can do to stop it.

[goldmoney.com]

@Krunoslav So that explains the great reset… with a clean slate..we will lose everything, have nothing and eat bugs

@FEWI Well, one theory was that great reset was a way for banking and other globalists classes to avoid defaulting, and instead simply try to reset everything and start over , except with more control.

There are some merits to this theory, because it makes sense to try that for desporate governments. We have seen this many times before in history. Most famously during Weimar Germany during inerwar period,

Modern monetary economists define hyperinflation as any inflation rate above 50 percent per year. In the 1920s, Germany had inflation rates in the thousands of percent.

Far too many German marks were being created under the privately controlled Reichsbank. Exactly how, will be discussed shortly. These excessive issues drove down the value of the mark:

By July 1922, the German mark fell to 300 marks for $1; in November it was at 9,000 to $1; by January 1923 it was at 49,000 to $1; by July 1923, it was at 1,100,000 to $1. It reached 2.5 trillion marks to $1 in mid-November 1923, varying from city to city.

By the end they try to prevent people from exchanging marks for forign currency to avoid inflation pressures, but it was not enough, it all crashed. So they tried "great reset" strategy.

The goverment issued new currency and they pretended that all debt is no more. They pegged it to some arbitrary number, I think it was 4.2 billion marks for one unit of these new currencies. That was very short lived since it was backed up by nothing tangible and all trust in the goverment evaporated.

After short while, the goverment had to use farm machinery and anything else that was tangible to give some backing to the currency.

And that was only one country and on much smaller scale than today. Now all the fiat currencies are linked, so to avoid all going down with the Euro, and Dolallar and pound, the other nations are reseting before the great rest on their terms.

The west, however is trying to push for the same thing as they did in Weimar Germany. New currency, issued by the central banks, backed by nothing and pretend all debt is wiped out.

This is the so called CBDC. Central Bank Digital Currency. Except its not a currency, its a control system of credit issued by central bankers. If they force it trough the trust will be gone, it will be backed up by nothing tangible and it will be short lived. As all similar attempts have been in the past.

Just a reminder that all fiat currencies in history have failed. They all have. Not one has survived. Ever. Neither will dollar and other currencies linked to it. Such as Europe, Yen, Pound etc.

While Great Reset is based on this theory that they want to wipe out the debt because they are desperate, its also based on other technocratic utopian ideals that have been around for a long long time. But as we are seeing, the natives are getting restless and the BRICKS are moving on from the dollar to their own systems to minimize the upcoming crash. The west will try the CBDC as last desporate attempt, but history and economic laws are clear on this. It will be very short lived.