He is Jewish, So he is either involved or is close to people who are involved. So of course he wants you to pay. He also thinks some guy in the sky made the planet. I must say I like your take on things. I am glad to see there are other people with common sense in this country. Keep up the good work on the vids. and what are your thoughts on putting money into silver? Where do you invest your money? I would value your opinion. And i don't normaly trust other people's advice.
Dave, unless I missed the point, I think a Student Loan is the one debt that is NEVER forgiven, even in a bankruptcy. It will follow you to the grave.
he's a jewish rabbi. without trying to sound anti-semetic I'd say he's simply batshit crazy. ever seen bill maher's religulous? reminds me of "that guy". lol
yes people behave like it is a rock , it is not . and in 30 yrs you can bet your sweet ass it will be demonetized or worthless or at least lose to worthless so giving 30 year mortgages is insane , If I had bank and my manager gave away even a 5 yr mortgage I would fire him so fast it will generate enough energy to power the world for a year
yes people behave like it is a rock , it is not . and in 30 yrs you can bet your sweet ass it will be demonetized or worthless or at least lose to worthless so giving 30 year mortgages is insane , If I had bank and my manager gave away even a 5 yr mortgage I would fire him so fast it will generate enough energy to power the world for a year , LOL
these are statistics , actually slightly over 90 million permanently disabled I can send you the link to statistics and about 40 have some type of activity restriction These are statistics They are probably googable
if you find someone who can get a 30 yr mortgage please ask them to look over their contract , ask them for a copy I want to know if there is some type of a clause .
I find it hard to believe that banks will just give money for 30 yrs without special clause . You have any clue what value of dollar will be in 30 yrs ? LOL
>I find it hard to believe that banks will just give money for 30 yrs without special clause . You have any clue what value of dollar will be in 30 yrs ? LOL
That's the risk they take. That's why interest rates were 6% when the inflation rate (according to gov. stats) was in the 2% range.
The truth is the dollar steadily loses its purchasing power, but people behave as if it's a rock.
do not underestimate sneaky tactics of your hidden criminal government
Do not think because u have such understanding and perception that they also have the same . What is stopping congress to pass new law that says : debt shall be converted to new money according to set exchange . What is stopping them ?
regarding how debt is going to be treated . do not underestimate sneaky tactics of your hidden criminal government
Do not think because u have such understanding and perception that they also have the same . What is stopping congress to pass new law that says : debt shall be converted to new money according to set exchange . What is stopping them ?
You're thinking inside the box. I made a video about how civil laws are not physical laws. You could as well tell me "They can just pass a law where people can't breath on Tuesdays. What's stopping them?"
Safety in numbers. The vast hoards of people in debt will not happily obey such a law. The law becomes unenforceable.
You're caught up in this "Government is all powerful!" mindset. It isn't. Governments collapse all the time. Now it's the USA's turn.
I hope that you are right , people deserve a break . So it might be a good idea to get a mortgage , system is going to collapse and you will get a free house ? you think bankers just going to give away such an enormous value ? Can anyone even get a mortgage nowadays ?
If government collapses on all levels there would be no enforcement of property rights. Basically whoever is living in a house would have squatter's rights. He'd fight to defend his "property" as he is able.
I don't expect things to degenerate to this level. Rather, if a mortgage holder could tap into HELOC or get a 2nd mortgage and use the money to buy, say, silver, when hyperinflation hits bigtime CONT
he would be able to sell off some of his silver and pay off the mortgage debts completely in effectively devalued dollars.
The bankers have loaned dollars out and the contract is for them to receive dollars in return. Tough luck if those dollars suddenly became worthless. They can't complain.
If your mortgage is an ARM type, all bets are off. Maybe your interest rate goes to 5000%. Debt could grow with hyperinflation. Depends on the situation.
Sure, the government is doing everything it can to get loans going again. Some people qualify.
Keep in mind the banks didn't hold onto the mortgages. They bundled them with other high, low risk loans and it became a single entity with some supposed risk. They sell this off to investors and immediately got funds to loan out again. These packaged derivatives are the toxic debt the US government has been accepting at face value.
The federal reserve has loads of this garbage on its books and has traded US treasuries for them. Massive losses. In the end the government will own it all. Everyone gets bailed out. But the cost is hyperinflation.
There are a lot of elements, it's all very complicated. There are a lot of things you need to grasp to really understand the big picture.
Bottom line is, right now holding fixed interest debt AND precious metals is a good idea.
are you a lawyer or economist ? demonetization (happens usually after hyperinflation when country goes bankrupt ) means conversion of money supply to GDP . All paper assets including stocks bonds futures etc will be wiped out . Since money supply M3 is tens of times greater than GDP
"All paper assets including stocks bonds futures etc will be wiped out"
Not exactly correct. Bonds with fixed interest rates will be wiped out. Stocks represent a portion of a company. The company always has some intrinsic value. Stocks will rise priced in devalued dollars, like any other real asset.
Gosh, Dave, you seem to attract all these people with nothing to do but send negative comments. You must be pushing their buttons. Keep it up!
I continue to worry about your pond. Do you have any filtration system? How will you keep it from becoming a mosquito farm?
Back when things were normal, my brother always said his goal was to die with a maximal credit card debt. That should be even more true now - let the defective machine choke on itself.
>Do you have any filtration system? How will you keep it from becoming a mosquito farm?
There are fish in it that eat mosquitos. The only filtration system is the water lilies, hopefully they'll grow more. I've been told that with enough of them they keep the water clear. There is a pump that is circulating the water for oxygenation.
I agree... I'm looking forward to the dissolution of all of these controlling structures and thought-forms. The "NWO" has always been here, they're just more blatant about it now, and some people are waking up to the truth at this time. That's the difference. Much of the collapse so far is controlled (controlled demolition), but in the end, these creatures will lose control.
Freedom lies on the other side, and we help it by turning our backs on the system and its lies.
In the current system, all money equals debt, as all "money" must be borrowed from the federal reserve, which is a private corporation controlled by the Rothschild cabal. Therefore it is impossible for everyone to pay back all their debts, as that would remove all "money" from circulation. Some people can become debt-free, but not everyone - the total debt pool cannot shrink as it always requires more borrowing to pay for old debt plus interest. This system is about enslavement.
Yes. When overt slavery ended, something arose to take its place. It was the separation of slave from owner. In this new system the slave is left to fend for himself. As such perhaps it's far more cruel. At least under the old system the slave owner would consider the slaves his property and would make sure they were healthy, well fed, and strong.
One must question the motives of anyone promoting behaviours that would sustain this system.
Oh dear, you are a sorry, vindictive little creature, aren't you? Still, having now seen some of your previous masterpieces, it's becoming clear that you're a tragic individual. You still haven't got over mommy and daddy, have you? What did they do to poor little Danny? You don't need silver, you need therapy. Have a good cry, it'll do you good. You say you want truth, but nothing terrifies you more. When did I become a troll? Probably about the same time you became a sociopath.
>Oh dear, you are a sorry, vindictive little creature,
You've given me a good laugh-out-loud, thanks!
And calling me a sorry, vindictive little creature, is priceless. I'd say any disinterested reader looking at your comments VS my own might disagree as to who is the sorry, vindictive little creature.
Take your trolls elsewhere where they might actually find purchase.
I don't want to instill fear in you. I think you'll get your romantic wish for a new wild west. But I doubt you'll survive it. You're not smart enough.
I'm reminded of an episode of The Simpsons, the episode where Bart works for Fat Tony the gangster. In the end Bart is framed as the head of the crime syndicate, but he gets off. He says to Fat Tony, "Sorry Fat Tony, crime doesn't pay."
Fat Tony, as he's driving away with beautiful women in the back seat of chauffered limos, says,
"Yeah, I guess you're right."
Do you remember the exact moment when you became a troll, by the way?
All it takes is for someone who recognizes you and knows where you live to make a mental note of it and perhaps mention it in conversation. So what if you have a gun? You need to sleep, don't you? You don't live in Fort Knox, don't you? Having a gun won't deter anybody sufficiently desperate (or determined).
Yes, there are more attractive targets than you. But not to any thieves who happen to live near where you live. And any comparisons with the likes of Bill Gates are not relevant. We assume he has tight security around himself and his family. So forget about Bill Gates and try and think like a crook who lives near you. The point I'm making is that you are posting video(s) with footage of your collection, saying (inferring) how much it will be worth in the coming years. Cont'd.
After reading all the comments, I tend to side with dashxdr, and look forward to the the whole system crashing into flames.~ Good riddance.
It's over. I saw this coming 10yrs ago. Anyone who can crunch numbers saw this system ending. It's finished. Kaput.
Just the baby-boomers retiring was gunna bust the system. Do the math.
As for having your wages garnished, become self-employed. You're going to need these skills soon anyway, or you'll starve. 9 million died during the last depression.
You're right Dave, people just don't want to wake up! Nice vid, if its the calm before the storm wouldn't you buy a raincoat NOW, and pay the student loan NEVER? LOL
thats why i dig you man....u have a valid opinion and you actually talk to other people....u r right about the collapse as you said at the end of our last conversation......its all going down and the elite know it and they are grasping at straws....
Don't agree. Why would anyone bother to try and steal from Gates or Hommel if they live in your neighbourhood, and they know you have it. They will try and steal it from you. It's much, much easier.
That's an open invitation to have it confiscated, or worse, when the shit hits the fan. When the price of PMs go through the roof, which they will, these collections won't just be a lifeline, they'll also be coveted. Stop advertising the fact that you have a fortune in gold/silver whatever. Good luck everyone. Over and out.
>Stop advertising the fact that you have a fortune in gold/silver whatever.
Bill Gates has an enormous fortune. Does anyone try to steal it from him?
As PM's rise in value, what you do is invest a bit of the PM's value in protecting the PM's themselves. Off site heavy safes for example, perhaps in a storage facility. Jason Hommel has 100,000 ounces of silver and talks often of guarding it. Anyone wanting to steal a fortune will start with him.
Cont'd. I.e. before debts are reset. If there's some semblance of order left post-collapse, then whatever remains of the banking system will try and reset debts in their favour. If there's a complete societal collapse, then it won't matter. Another reflection: A lot of people overestimate the TPTB. Don't. Collectively, they're finished, they blew it. But don't underestimate either. A lot of you are advertising the fact the that you have PMs in your possession, filming your coin collections.
Good video. A few reflections. KK's idea of paying off debt is a good one, but ONLY if you've invested in PMs, food, etc. beforehand. Prioritize preparations before debt payments. If you have no earthly chance of paying your debts in a short time (>90% of all debtors), then walk away and spend whatever cash you get on your hands to prepare for what's coming. Buy silver, buy food. If you amass sufficient PMs, you may have a short window to pay off some worthless currency debt with real money.
"when it all comes back".. u really believe its all going to come back.. behave.. u seem intelligent but if u cannot see where we are heading u need to study some more.
>u seem intelligent but if u cannot see where we are heading u need to study some more.
"when it all comes back" I am speaking of free market capitalism. Free markets. Freedom. Under this environment there will be endless opportunities. We've got a nation completely devoid of manufacturing, that won't be able to afford imports. Money tossed on this soil will sprout fortunes.
I've made it clear I don't care how many people starve and suffer. The pain is necessary for learning to occur.
Whether it makes sense to walk away from debt depends on the laws where you live & the terms of the debt. Making a blanket statement such as "pay off your debts as fast as you can" or "just make the minimum payment" or "walk away from your debts" is idiotic if you don't have all the facts about the particular debt.
I've seen people "walk away" from small debts and end up owing 5 times more because of penalties, legal fees and punitive interest.
>5 times more because of penalties, legal fees and punitive interest.
Right, right, and do you know the backlog in the court system? How many years long is it? And how the pile of court cases is only getting deeper? More people defaulting.
Do you people even know what "hyperinflation" means? What it implies?
Fixed rate interest debt becomes meaningless.
Sometimes I wonder if anyone else even gets it. THE SYSTEM IS DEAD! REAL CHANGE IS OCCURING RIGHT NOW! DEAL WITH IT!
There wont be hyperinflation. All the increase in M3 is being hoarded by the banks to protect them from all the un-anounced insolvant loans they still carry. As soon as there's any hint of inflation, bond prices will drop, gold will skyrocket, and the US govt will have to slash spending because they will not be able to finance their deficit. I see what California will go through in the next few months as a precursor to what the federal government will have to do in a few years.
The US government will not slash spending. They'll be unable to cut the pork anywhere. Each faction will say, "Cut someone else's section!" The USA will be unable to borrow, unable to cut spending, and will resort to the printing press.
Nevermind the government itself, medicare, medicaid and social security are already taking in less money than they shell out. They're unfunded! This ponzi scheme can't go on either. CONT
And nevermind all that, what about all the hoards of dollars overseas? When the world gets a taste of the dollar collapse, watch the mad dash to get rid of dollars. They'll all come home to roost! Prices will skyrocket, in dollars.
As the world's reserve currency, when people around the world accepted it as a store of wealth, the US had the wind at its back. When people don't trust dollars, the exact opposite is true. Only it'll be a tsunami!
What I do know is that government will be hamstrung in its ability to enforce contract laws and other things. It's bankrupt, can you not grasp that? No money no workee. Government employees don't work without pay. Government workers are needed to enforce contracts. Get it yet?
Anarchy is coming. Crippled, broken government. Laws on the books will be irrelevant. The mass of defaulting students will make the "rules" irrelevant.
are you a lawyer or economist ? demonetization (happens usually after hyperinflation when country goes bankrupt ) means conversion of money supply to GDP . All paper assets including stocks bonds futures etc will be wiped out . Since money supply M3 is tens of times greater than GDP
I can tell u where he is coming from . Probably from kabala teachings . Not necessarily Torah I believe it is Kabala . Although I do not know the whole story of your confrontation with him .
I'm thinking that those who advise keeping the system in place are those who would benefit from it, either from their job as brokers or the finance industry or their family position. I had to blow KK off as one of those persons.
For a long time, I've thought I was the only one who seemed to understand that the NWO is past tense.
>NewWorldOrder = sounds pretty lame & paranoid to me, in any tense.
Yeah, I just don't get these people that seem addicted to fear and powerlessness. "Sorry master, you dropped your whip while you were beating me with it. Can I get it for you?"
"Freedom! Horrible horrible freedom!" -- The Simpsons, episode where ants go into space and Homer breaks their container open.
"NewWorldOrder = sounds pretty lame & paranoid to me, in any tense. "
Well, the term has been used by writers and politicians for literally hundreds of years. It's just recently become a tag line for the fear industry...just in time for it to fade away, which kind of shows how much the anti-NWO need "IT" to really exist.
My concern is that the banking system that is in place at the moment will not lose a penny...KK is basing his thoughts based on history (I do beleive he did provide links for you on wiki regarding what had happened in the based what had happened in the past.)
I also agree with you that if his scenerio did happen the bloody french rev whould happen likewise.
Myself I am thinking that the ratio would not be so dramatic but it would still not be an easy ride. more maybe in pm
>My concern is that the banking system that is in place at the moment will not lose a penny.
Whether they lose money or not, whether they can suddenly own much more real wealth than before, this is all irrelevant.
The positive outcome of all this is the end of the fiat currency system and a return to Real Money. Under real money the banking elite cannot manipulate free markets without fear of loss. Under Sound Money, Real Wealth will be easy to accumulate.
I agree Fiat money is going to end, because the system as it stands at the moment can't go forward... and we are seeing that as we speak.
I would LOVE to see what you see happening.. but I also follow history and human nature and unless we go back to dark ages I don't see the elite giving up power.
Like I've said before even then, there will always be a power grab.
>I also follow history and human nature and unless we go back to dark ages
History can only be applied so far. There is new communications technology (the internet, for example) that changes everything. Populations cannot so easily be manipulated through propaganda, not when alternative information channels exist.
There will never be a new dark ages. Actually, I believe the future will look back on the 20th century as the dark ages.
ohh you two... btw I like both of you very much and both are great in your summations of where you think we are going.
I understand your points, and to be honest even if I tried there would be NO way I could pay off all my debt right now, as it is we have lost about 50-60 % of our wealth in a family venture and that alone will enslave us.. bankrupcy laws have changed greatly over the last few years (thanks to joe biden, wiki that and you'll be amazed)
>bankrupcy laws have changed greatly over the last few years
I've never understood the point of going through bankruptcy. Why bother? What does it matter if they make the requirements for bankruptcy relief more stringent? Public response? Simply stop paying off debt, and don't even bother with bankruptcy.
YOU must have never been through it before. I have and back when it was easy it wasn't THAT big of a deal. BUt still on judgement my paycheck, a portion of it, was given to creditors. Tell that to a working single mom that made less the 25K a year. So in that sense I talk from experience. Now if there wasn't a system sure I could get around it.
BUt honestly I didn't want to live under a bridge with a todler and a 5 year old.
>like both of you very much and both are great in your summations of where you think we are going.
1990 in Texas we had this joke about people in arguments that don't take sides. "I feel strongly both ways!" was they statement.
A very important point in grasping Reality is that there IS a single, unambiguous Truth that you can discover. KK and I cannot both be right, in this instance. KK would happily agree to disagree. Me, I'd rather get at the Truth.
what if you both have a nugget of truth? I certainly do not even begin to think that I know more then the average person.. I just like to think and research.
Can anyone really truely know the truth about anything? When it comes down to it IMHO it's speculation... even on facts that we consider facts....it's with the present knowledge and information that we have.
I am Certainly GLAD that we have gotten past the "bleeders" medicine... but again at the time what information did we have?
>Can anyone really truely know the truth about anything?
Yes, certain things are 100% knowable. For example, is the Big Bang Theory truth or fantasy? It is a question of fact, not opinion. One day the truth will be common knowledge (I believe BB theory is fantasy).
Predictions of the future are always iffy. Those who predict correctly usually get suitable rewards.
I agree with KK on his thoughts of the New World Order, and disagree with you that it is ending. I believe the NWO is going into overdrive right now. Read the Georgia Guide stones on population. This stuff is not a joke. People will beg for new currency once the dollar has collapsed.
But I do agree with you on the debt. I will not be a slave to anybody no matter what, and if I did have debt, I would walk away - after all, what are "they" going to do about it?
if you have hyperinflation, it is in principle smart to pay off the debt. But do it quickly then i think. Why? Because i think the period might be short, and in that period your salary will not rise? So you only have hyperinflation but you do not get more money to pay of your debt. But if you have the metals, then you exchange the metals for the worthless paper.
True and while I have metals I don't bet on that being the case. Whats to say the government doesn't outlaw pubic ownership and while you may not turn in your gold (it would be a cold day in hell when I would) you are prevented from converting it. I view gold as a storage of wealth, if you have debt you have NO WEALTH. If you have no wealth then why do you have gold? Do you see my point? I follow Dr Gary North and that is his view.
The government can't even stamp out the black market in drugs. They won't stop a PM black
That is because they profit from it. Why would they want to?
As for the jack-booted thugs, look at who I work for. The jack-booted thugs won't take your gold, seriously there are really to of us that own it to bother with, but they can make it to where it can't be converted. This is my contention, maybe I didn't make that clear.
In the US they will haver very big inflation to start with.
In the EU it looks like deflation. So in US debt can be very smart to have. But gold and silver with debt, wait, and when the dollar is worthless, pay it off. Or exchange dollars with euros on some foreign bank acount, and wait (but that can be risky, because euro is also paper or computer numbers, however it is faster to exchange maybe).
Also it is those who are debt free that want others to pay off debt. I feel the same way and think that everyone should pay for what they signed for, but I'm debt free so I'm not really looking at things from a debtors point of view. I would consider how you will pay for neccesities and your debt if hyperinflation does come to pass. As for gold, I own it and have since Dr North advised but I don't think it will be easy to sell during a crisis and Dr North has said that.
>I feel the same way and think that everyone should pay for what they signed for,
I too have managed to live debt free. But I don't consider it as a loss if other people who assumed huge debt levels, lived an extravagant life, and suddenly their debt vanishes. I don't feel cheated. I consider it their business.
I want slavery to end. That means existing debt has to be wiped out. Slavery doesn't end if the debt is paid off through labor. Slavery ends if the debt is defaulted upon.
>Slavery doesn't end if the debt is paid off through labor. Slavery ends if the debt is defaulted upon.
Exactly but how long will it take for people to wake up to this? Do they know that they are being ripped off by trying to play along as everything was normal and hold on as usual just to maintain..?? We need some big guy out there with a God-Sized Microphone to Yell Out, "GIVE IT THE FUCK UP, GIVE THE SYSTEM THE FINGER NOW, WISE THE FUCK UP ALREADY!!!"
>Exactly but how long will it take for people to wake up to this?
It is irrelevant whether people wake up to it or not. The laws of physics make it impossible for the debt to be repaid, even if people worked themselves to death, even if they didn't take time to sleep. The system is collapsing, and nothing can stop it at this point.
I merely object to KK spouting toxic advice. I would help his subscribers if I could.
This is true that it is none of my concern that people default on their debt, it doesn't effect me personally. However, it is an ethical matter. If a man/woman doesn't keep their word then they aren't worthy of my trust. I have loaned money before (I was always paid with interest) and I expected to be repaid. If you enter into a contract then you break that contract you have broken your word. It makes you less in the eyes of others. People cry because they are in debt. They didn't have to sign!
It is not an ethical matter. A person you know giving you their word to pay you back if you loan them money is a different situation. I'd consider that an ethical question there, but it's not the same situation.
A person taking on the home mortgage was led to believe housing prices would continue rising. Surprise! They didn't. Who bears the burden of the error?
A person racking up huge credit card debt, that's a business transaction. No ethics at all.CONT
The credit card debt is unsecured. If a person defaults on that, they lose their good credit rating, and the credit card company loses their money. It is a straight trade. Each loses something. Fair deal.
Throughout the system the financial regime has engaged in unethical behaviour. This created the environment of easy money. Now you claim it is unethical to walk away from the debt! It isn't. Soon only suckers will be struggling to pay off debts.
>Soon only suckers will be struggling to pay off debts.
You need to understand this. Bankers with integrity found they couldn't compete with the unethical ones, who sold derivatives, sold repackaged mortgage debt. Ethics because untenable.
Home prices rose so fast that 30 year fixed mortgage became a sucker's play when ARMs were so much cheaper. The home buyer with wisdom became a sucker, paying too much every month!
Now mortgage payers will find the honest ones are the suckers.
I would've lost my TS as well. It will effect your whole life to walk away from debt. You might be able to flip burgers after that. It is going to come down to that.
It's surprising how many people just assume that the job of flipping burgers will always be an option. Not so! Only a small number of people can actually get that work.
Reality is so many people will have trashed credit ratings, foreclosed houses, unpaid credit card debt, that credit rating will cease to be a determination of a person's reliability. Moreover if government exists, laws will be passed to criminalize discrimination on credit rating.
I keep making correct calls. Recently a flurry of laws was passed to hamstring credit card companies. They can only raise rates so far, and must give plenty of notice. Now payments must be applied to the highest interest rate balance first.
CC companies will be losing money very soon. Doesn't matter! Government will bail 'em out. Keep the US consumer spending! I predicted all this. And more.
US is in a populist mood. It'll kill the dollar. Yay!
>Laws will be passed by whom? You contend there will be no laws!
Read what I wrote, which was: "Moreover if government exists, laws will be passed to criminalize discrimination on credit rating."
Do you see? If government doesn't exist, then there is no enforcement of civil contracts. If government does exist, there will be laws that hamstring credit card companies.
The accumulated information on credit ratings (and so much more) will become irrelevant. Everyone starts out fresh.
Do you see? If government doesn't exist, then there is no enforcement of civil contracts. If government does exist, there will be laws that hamstring credit card companies
I had to reply because it dawned on my who you remind me of and why you rub me the wrong way. I had to sit through lectures in an Environmental Ethics class at Univ WA. The professor was Derrick Jensen. He is a lot like you. He believes in anarchy as well but in order to end civilization for the good of the earth. cont.
order to end civilization for the good of the earth. cont.
He too tells others to do what he wasn't willing to do himself. He writes about blowing up damns and taking down infastructure. I asked him why he didn't just do it himself and his reply was that he had too much to loose. So just like you, he is an armchair commando. You will tell others to stop paying their bills and let society fall. You are willing to let them take the lumps for you but you're not willing to get into the fight. cont
>You are willing to let them take the lumps for you but you're not willing to get into the fight
Your assertion is completely without merit.
First of all I pay no taxes. True, I don't earn enough to pay taxes, but that is a choice, is it not? I suffer by not having ample money to buy anything my heart desires. But by not paying taxes, I'm not supporting the System. Can you say the same?
2nd, I tell people who are so hopelessly deep in debt that they should walk away. They get CONT
They get immediate benefit by their net worth going from negative to zero. It is to their best interests to NOT be slaves. KK tells them to be slaves and shut up. I tell them to be free and enjoy it.
My own situation is extremely conservative. I never took on massive debt. I'm relatively wealthy.
This is not a war, per se, where people must group together to fight. Rather this effort is simply a matter of not supporting The System.
to compare me to this Derrick Jenson fellow of yours. I'm in favor of humanity conquering the universe, expanding outward at the speed of light. I worship technology. I'm irritated by my fellow man and I wouldn't mind a good plague or famine to thin out the ranks (provided I survive!) but I would not cause such things myself even if I could. And I certainly would not be in favor of going back to a pastoral life, nor destroying infrastructure.
You seem to be in an argumentative mood -- it appears as if you're driven by ego to "win" this argument. So you're morphing the argument into something winnable. You misrepresent my statements and beliefs. You appear to be contrarian for contrarian's sake alone.
I practice everything I preach, BTW. Down to buying silver on credit and being willing to default on the debt when it's convenient.
Driven by ego? I see you as contemptable and a sad pitiful creature that will lead others astray. You talk a good talk till someone that has done something in life challanges you. You wouldn't survive a collapse, you are too soft. You are most likely an out of work, bitter tech geek that can't reconcile his current prediciment with reality. You zone out in a fantasy world to deal with your miserable existance.
>You zone out in a fantasy world to deal with your miserable existance.
Wow, you're sounding like this Velveta fellow below. Whoops, make that valvika. Are you a sock puppet for him, or vice-versa?
It's hilarious how you both resort to hurling insults when you're no longer able to argue. Does this work for you in real life? Face to face situations?
"You talk a good talk till someone that has done something in life challanges you."
On the contrary. I hold my own expertly when challenged.
I suppose you believe in slavery as well? In the atrocities committed at Gitmo (torture, waterboarding, etc)? At the USA's tacit support of Israel killing innocents in the Gaza strip?
Dear me, how about the entire Iraq war? The disasterous invasion of Afghanistan? Needless persecution of Cuba?
Your taxes help support the USA -- it's an evil empire, haven't you grasped that yet? Notice how the remaining wealth is being looted by the government?
I have respect for those willing to fight their own battles but not for those who choose to let others battle for them and then reap the rewards. I have always believed that you judge by action. I wouldn't call Bravo Serria on you if you practiced what you preached yet you don't. I guess you can't help that you believe what you believe but should what you say comes to pass you won't survive. It will take a network of people to survive. My network would view you as a liability. Others would too.
A fool is lead to believe something. That is an enabling statement which is like saying to some drug addict or welfare moocher that it is okay , your current situation isn't your fault. No, not your fault at all, it was just those bad people that put you under stress where you couldn't man up and hold a job or you had to take those drugs to deaden the hurt. Oh boo-hoo. You can't be trapped in debt if you don't play the game. And don't say they couldn't read the contract.
>You can't be trapped in debt if you don't play the game.
Your point is people who got into debt are responsible for paying off that debt. I claim the conditions are different now. The debt was taken on under a situation where everyone assumed the debt could be repaid.
Well everyone got a wakeup call. Why should the lenders be make 100% whole, while the debters must be enslaved?
Your mistake is to apply morals. It's all business. When walking away from debt is a good idea, people will do it.
The debt was taken on under a situation where everyone assumed the debt could be repaid.
The military has a saying about Assuming!
They enslaved themselves because they wanted something NOW and didn't want to save and buy like their parents did. It is an entitlement mentality. These are the same people that want a $300 laptop and $1.50 gas and go to WalMart to buy it.
Vast hoards of people made the same assumption. There IS safety in numbers.
There will be natural benefits to people that kept their house in order and didn't get too deep in debt. It's not going to be a picnic for those who default and start out with zero. But they'll be better off walking away from their debt than trying to slave to pay it off.
That won't end slavery, it didn't in Russia. You need to become a student of history. You seem to be a brilliant man when it comes to science, I won't dispute that but you are forgeting your history and how it tends to repeat itself.
Boy that's really funny. My interpretation of history differs from yours, therefore I must study history. Priceless!
History can only be applied so far. We can't have Nazis killing jews again, been there, done that, as a species we know better. Just as you can't have 4 guys with box cutters hijacking a commercial jet anymore.
I imagine that he views walking away from debt as unethical. If you took out debt then you can't blame the bankers for what you have done. If you payoff debt you are nolonger a slave to the lender. You view things differently because you don't believe that you answer to a higher power. Everyone speculates on what could happen. I personally think debt kills and the faster you can pay it off the better. If we enter into hyperinflation you may not have a job to address your debt.
>I imagine that he views walking away from debt as unethical.
Then let him state that outright, instead of us having to speculate.
Then it becomes an argument based on ethics. And I can paint a picture how the ethics of the situation have shifted such that it is more ethical to abandon the debt than attempt to pay it off.
"Pay your debts otherwise you will burn in hell!" Isn't that exactly what those in power would want people to believe?
I don't contend that "you pay off your debt or burn in hell" but I do say that it boils down to personal responsibility. I understand that you don't believe in G*D and I am okay with that even if I believe differently. However, to say that it is ethical to not address a contract that you entered into and benefited from is really reaching. You are saying that it is okay to lie, steal, cheat, how about murder? Where do you draw the line in the sand? What you are pushing is anarchy.
Exactly, that's what I want. Government is a protection racket, existing for its own purposes. Not for the benefit of the public.
I think what you're doing is a straw man argument. "lie, steal, cheat, how about murder". There are natural consequences to these activities.
Walking away from debt today in the USA is a way of adapting to the changing times. Obama is rewriting contract law, have you noticed? All bets are off.
But the UN is simply a figurehead for the central banking cartel, as are all G20 governments, as are all mainstream media. The system that allows the US army and the UN military to function is collapsing. UN forces are essentially only the US military with token support from other countries.
>I'll be amazed if I don't see a civil war in America before the end of my lifetime.
Think about this for a moment. Civil war implies some states support the union, others do not. Which states would support the continued tyranny of the union?
My question is, when the states universally appear sick and tired of US abuse, which ones will fight to defend it?
Civil war between which groups? US standing army and Everyone Else? Guess who will win!
KittenKattan feels they will you use your debt to control you, I am not completely sold on how that works but I see the point he is attempting to make, but ultimately I am more sold on your side of this...
Well that's what he thinks, he just thinks that they will use it against you because it's a trap, he feels it is moral to remove your debt, but you cant use morality against something that was immoral to begin with, it just doesnt match, and it's not fair at all, it makes more sense to let it all collapse so we can start over, the system is so ugly, it needs to be wiped out and there needs to be a collapse to cleanse the system...scary somewhat but true, theres hope in it too of course..
The fact uis that there will be no complete collapse unless we have something akin to the Bolshevik Revolution. We know what that resulted in. I would love a collaspe if we avoided that. But we won't, not if it goes this way. Look at history, everytime the masses cry out about debt and enslavement what comes to the rescue? Better pick your battles wisely and be careful what you wish for!
I think you're missing the whole point. The people that will thrive in the future will be the ones that grasp the realities of the situation. The US government is toast. The US empire is toast. It cannot sustain itself. The world is shrugging it off.
People who can't adapt will starve to death. People who are adaptable will thrive -- the opportunities will be amazing. Government ceases to be a factor in the very near term. Deal with it.
>The government can sustain through military might
Wrong. Very, very wrong. Look at the collapse of the british empire post WWII. "The sun never sets on the british empire." Well after US cut off credit to the UK, the pound sterling took a nosedive, losing some 80% of its purchasing power very quickly. UK had to pull out of all its colonial bases throughout the world, due to inability to pay for it all.
Without money the US empire collapses. Soldiers work for money too.
You again assume. We are a nuclear power, also have the SPA, have a physical presence in Saudi, Kuwait, UAE, Iraq, and Afghanastan. We are also members of the UN. IF you think that any of those factors will allow us to fall into anarchy you are a fool. BTW, why are you quoting history, I thought you said it was irrevelant! The UK was not a nuclear power. You can't compare the two. Nor could you compare the collapse of the USSR since it was already used to disruptions so isn't a comparison.
KittenKattan probably fears you because you look like a German Nazi, lol, anyway I am more on your side with this because the system did fuck us so fuck the system! But! Keep in mind that we took the bait and fed into the system when we should have known better, however its more of the systems fault for persuading us into potential corruption...
I agree the working class will have their day again theres, no such thing as enslavement for ever .times are changing back in our favour maybe painful and slow but it will turn
Dash, I think you're way too abrasive in your comments and a touch egotistical at times. It's one thing to constructively disagree but you just overly dominated KK's message board. Making this video response was more constructive.
I felt that you did the same thing with George4title was doing live broadcasts. I'm not trying to start a mud flinging contest but use a bit of restraint when going after fellow truthtubers (if you will). We're all trying to learn. Peace out.
I would have thought I'm very egotistical all the time. Proud of it! Whether you believe it or not, I've got reason to be confident in my understanding and abilities. If you are offended that I sound that way, well all I can say is you'd accept it more if you walked a mile in my shoes.
The working class will finally be the winner. And that should be.
I hate those paper shufflers, that make nothing out of nothing. So i bought gold, silver, get a lot of money out of the bank so they cannot misuse it.
Hey Dave - I have one question: If hyperinflation is coming, how could housing prices continue to collapse indefinitely? Won't money flow towards all real things including real estate, driving prices back up? That is my main disagreement with your points, though I am less confident that the NWO is failing... I hope you are right here.
I am thinking that the hyperinflation will affect everything across the board including real estate (at a slower pace than food). Do you disagree? Thanks!
I agree. My plan has been to buy PMs and pay minimum on the mortgage debt. Then, after PMs rise enough, sell a little off to pay off the debt... or, just sell off enough to pay the minimum and keep it going.
However, I do think there is a chance real estate will sky rocket up IF employment turns around. My expectation is that even if Americans learn their lesson on the true liability nature of real estate, Chinese will start buying it so they get something with all that fiat they saved.
Houses will continue to decline due to the contraction in the local tax basis. I think it will become a liability to own a home when property taxes go up to address basic services. Maybe rural real estate that can support sustainablity will go up but not anyother real estate. Also interest rates will go up, probably double digit. Look to stagflation as an example. It is a dream to think the bubble will reinflate. A house is a consumer durable only the land increases in value outside a bubble.
>I think it will become a liability to own a home when property taxes go up
You can't get blood out of a rock! Property taxes cannot rise faster than people are willing to pay. There is no magic bullet that allows massive government on all levels to continue. I'm not worried about excessive property taxes.
If the government tries to finance operations through property taxes, I and vast hoards of other people simply won't pay. If they insist, I walk away from the house.
If the government tries to finance operations through property taxes, I and vast hoards of other people simply won't pay. If they insist, I walk away from the house.
You may in fact do that but I think most will be reluctant to do that. If you walk away it doesn't release you from the debt. How do you survive without income? Did you know there is no limit on the amount the government can take from your pay to address a government debt?
Or I go to cash businesses. I could do farming and distribute my goods using barter.
Not if you walk away from your house when they tax it. No one that is debt free would tell another person to take a risk that they weren't willing to take themselves. You paid off your debt, right? So you don't have risk. Do you see how hypocritical that is?
>You paid off your debt, right? So you don't have risk. Do you see how hypocritical that is?
Hardly. As I've said, I own my home. And as you pointed out, "they" can raise property taxes enormously. So my risk is my home becomes worthless because of the tax burden.
Whereas a person who took out massive HELOC debt and credit card debt, who lived a playboy lifestyle, has nothing to lose simply walking away from his debts. He's at a net negative worth, so he's in great shape.
He is coming from the place where the NWO will have a big ledger with your debts written in blood that will never go away! Basically Debt Slavery. Would this ever happen...Only if we enter a complete Aldous Huxley - Brave New World. I think we may have a new world Digital Gold and an ever mediocre existence but this still falls under MAY. No one really knows what will happen we are only throwing guesses out there.
I have never said that the NWO will win. I am saying that we should separate oursleves from the chains of debt that holds us to the NWO. You obviously don't pay attention. You will find that I will not speak to someone who is abusive. Which you are and others agree that you are. I will not have a disgustion with you only because of that. If you don't agree with my thoughts, then, don't. It is my theory and like all theories, it can be wrong.
KK you're a liar. You avoid discussion with me because you cannot explain your thought processes. You use the excuse of me being "abusive" as a way of avoiding the issue.
It matters not whether I'm offensive in my demeanor. How I comport myself is irrelevant when Truth is being sought. You are not interested in pursuing the Truth. Rather, you have some agenda. I wish to understand your agenda.
He is Jewish, So he is either involved or is close to people who are involved. So of course he wants you to pay. He also thinks some guy in the sky made the planet. I must say I like your take on things. I am glad to see there are other people with common sense in this country. Keep up the good work on the vids. and what are your thoughts on putting money into silver? Where do you invest your money? I would value your opinion. And i don't normaly trust other people's advice.
paulhasarrived 2 years ago
Dave, unless I missed the point, I think a Student Loan is the one debt that is NEVER forgiven, even in a bankruptcy. It will follow you to the grave.
Lexi8888 2 years ago
he's a jewish rabbi. without trying to sound anti-semetic I'd say he's simply batshit crazy. ever seen bill maher's religulous? reminds me of "that guy". lol
MidnightRayn 2 years ago
put another k in your title for fun and watch how many hits this video gets lmfao
MidnightRayn 2 years ago
I like your point of view, has extreme merit. I enjoy the way u deliver the message. lol
Jelly50cent 2 years ago
Dude, you are sooooo right. Thanks for the REAL truth.
weilandjason 2 years ago
yes people behave like it is a rock , it is not . and in 30 yrs you can bet your sweet ass it will be demonetized or worthless or at least lose to worthless so giving 30 year mortgages is insane , If I had bank and my manager gave away even a 5 yr mortgage I would fire him so fast it will generate enough energy to power the world for a year
tuktukktotam 2 years ago
yes people behave like it is a rock , it is not . and in 30 yrs you can bet your sweet ass it will be demonetized or worthless or at least lose to worthless so giving 30 year mortgages is insane , If I had bank and my manager gave away even a 5 yr mortgage I would fire him so fast it will generate enough energy to power the world for a year , LOL
tuktukktotam 2 years ago
so what I'm trying to save is that devaluation will not be enough they must demonetize , must must must ...
Long term they absolutely must demonetize . 100 old bills will turn into value of today $1 bills
for starters then it will get progressively worse until total demonetization
tuktukktotam 2 years ago
25 trillion in bailouts 3 trillion in deficit due 2010
140 mil handicapped people in USA 100 million permanently 40 partially
in 10 yrs 50% will be 65 yo or older
SS medicare liability in 10 yrs = 600 trillion or more US can not afford deflation , the system will fail whether they inflate or deflate
tuktukktotam 2 years ago
>140 mil handicapped people in USA 100 million permanently 40 partially
Really? Handicapped by what? Obesity? That'll be a problem that soon will go away.
Over 1/3 of all people are handicapped? Where are they all hiding?
dashxdr 2 years ago
these are statistics , actually slightly over 90 million permanently disabled I can send you the link to statistics and about 40 have some type of activity restriction These are statistics They are probably googable
tuktukktotam 2 years ago
if you find someone who can get a 30 yr mortgage please ask them to look over their contract , ask them for a copy I want to know if there is some type of a clause .
I find it hard to believe that banks will just give money for 30 yrs without special clause . You have any clue what value of dollar will be in 30 yrs ? LOL
tuktukktotam 2 years ago
>I find it hard to believe that banks will just give money for 30 yrs without special clause . You have any clue what value of dollar will be in 30 yrs ? LOL
That's the risk they take. That's why interest rates were 6% when the inflation rate (according to gov. stats) was in the 2% range.
The truth is the dollar steadily loses its purchasing power, but people behave as if it's a rock.
dashxdr 2 years ago
I know for a fact that they will demonetize dollar.
tuktukktotam 2 years ago
This has been flagged as spam show
regarding how debt is going to be treated .
do not underestimate sneaky tactics of your hidden criminal government
Do not think because u have such understanding and perception that they also have the same . What is stopping congress to pass new law that says : debt shall be converted to new money according to set exchange . What is stopping them ?
tuktukktotam 2 years ago
regarding how debt is going to be treated . do not underestimate sneaky tactics of your hidden criminal government
Do not think because u have such understanding and perception that they also have the same . What is stopping congress to pass new law that says : debt shall be converted to new money according to set exchange . What is stopping them ?
tuktukktotam 2 years ago
>What is stopping them ?
You're thinking inside the box. I made a video about how civil laws are not physical laws. You could as well tell me "They can just pass a law where people can't breath on Tuesdays. What's stopping them?"
Safety in numbers. The vast hoards of people in debt will not happily obey such a law. The law becomes unenforceable.
You're caught up in this "Government is all powerful!" mindset. It isn't. Governments collapse all the time. Now it's the USA's turn.
dashxdr 2 years ago
I hope that you are right , people deserve a break . So it might be a good idea to get a mortgage , system is going to collapse and you will get a free house ? you think bankers just going to give away such an enormous value ? Can anyone even get a mortgage nowadays ?
tuktukktotam 2 years ago
>collapse and you will get a free house ?
If government collapses on all levels there would be no enforcement of property rights. Basically whoever is living in a house would have squatter's rights. He'd fight to defend his "property" as he is able.
I don't expect things to degenerate to this level. Rather, if a mortgage holder could tap into HELOC or get a 2nd mortgage and use the money to buy, say, silver, when hyperinflation hits bigtime CONT
dashxdr 2 years ago
>when hyperinflation hits bigtime
he would be able to sell off some of his silver and pay off the mortgage debts completely in effectively devalued dollars.
The bankers have loaned dollars out and the contract is for them to receive dollars in return. Tough luck if those dollars suddenly became worthless. They can't complain.
If your mortgage is an ARM type, all bets are off. Maybe your interest rate goes to 5000%. Debt could grow with hyperinflation. Depends on the situation.
dashxdr 2 years ago
>Can anyone even get a mortgage nowadays ?
Sure, the government is doing everything it can to get loans going again. Some people qualify.
Keep in mind the banks didn't hold onto the mortgages. They bundled them with other high, low risk loans and it became a single entity with some supposed risk. They sell this off to investors and immediately got funds to loan out again. These packaged derivatives are the toxic debt the US government has been accepting at face value.
dashxdr 2 years ago
>US government has been accepting at face value.
The federal reserve has loads of this garbage on its books and has traded US treasuries for them. Massive losses. In the end the government will own it all. Everyone gets bailed out. But the cost is hyperinflation.
There are a lot of elements, it's all very complicated. There are a lot of things you need to grasp to really understand the big picture.
Bottom line is, right now holding fixed interest debt AND precious metals is a good idea.
dashxdr 2 years ago
This has been flagged as spam show
are you a lawyer or economist ? demonetization (happens usually after hyperinflation when country goes bankrupt ) means conversion of money supply to GDP . All paper assets including stocks bonds futures etc will be wiped out . Since money supply M3 is tens of times greater than GDP
tuktukktotam 2 years ago
>are you a lawyer or economist ?
Neither.
"All paper assets including stocks bonds futures etc will be wiped out"
Not exactly correct. Bonds with fixed interest rates will be wiped out. Stocks represent a portion of a company. The company always has some intrinsic value. Stocks will rise priced in devalued dollars, like any other real asset.
dashxdr 2 years ago
if demonetization takes place all paper assets will be wiped out . Demonetization is conversion of debts into GDP
think of it a little bit if just devaluation happens then you are correct
tuktukktotam 2 years ago
Gosh, Dave, you seem to attract all these people with nothing to do but send negative comments. You must be pushing their buttons. Keep it up!
I continue to worry about your pond. Do you have any filtration system? How will you keep it from becoming a mosquito farm?
Back when things were normal, my brother always said his goal was to die with a maximal credit card debt. That should be even more true now - let the defective machine choke on itself.
URInTheVillage 2 years ago
>Do you have any filtration system? How will you keep it from becoming a mosquito farm?
There are fish in it that eat mosquitos. The only filtration system is the water lilies, hopefully they'll grow more. I've been told that with enough of them they keep the water clear. There is a pump that is circulating the water for oxygenation.
The whole thing is an experiment anyway.
dashxdr 2 years ago
I agree... I'm looking forward to the dissolution of all of these controlling structures and thought-forms. The "NWO" has always been here, they're just more blatant about it now, and some people are waking up to the truth at this time. That's the difference. Much of the collapse so far is controlled (controlled demolition), but in the end, these creatures will lose control.
Freedom lies on the other side, and we help it by turning our backs on the system and its lies.
FrequencyFence 2 years ago
In the current system, all money equals debt, as all "money" must be borrowed from the federal reserve, which is a private corporation controlled by the Rothschild cabal. Therefore it is impossible for everyone to pay back all their debts, as that would remove all "money" from circulation. Some people can become debt-free, but not everyone - the total debt pool cannot shrink as it always requires more borrowing to pay for old debt plus interest. This system is about enslavement.
FrequencyFence 2 years ago
>This system is about enslavement.
Yes. When overt slavery ended, something arose to take its place. It was the separation of slave from owner. In this new system the slave is left to fend for himself. As such perhaps it's far more cruel. At least under the old system the slave owner would consider the slaves his property and would make sure they were healthy, well fed, and strong.
One must question the motives of anyone promoting behaviours that would sustain this system.
dashxdr 2 years ago
Oh dear, you are a sorry, vindictive little creature, aren't you? Still, having now seen some of your previous masterpieces, it's becoming clear that you're a tragic individual. You still haven't got over mommy and daddy, have you? What did they do to poor little Danny? You don't need silver, you need therapy. Have a good cry, it'll do you good. You say you want truth, but nothing terrifies you more. When did I become a troll? Probably about the same time you became a sociopath.
valvika 2 years ago
>Oh dear, you are a sorry, vindictive little creature,
You've given me a good laugh-out-loud, thanks!
And calling me a sorry, vindictive little creature, is priceless. I'd say any disinterested reader looking at your comments VS my own might disagree as to who is the sorry, vindictive little creature.
Take your trolls elsewhere where they might actually find purchase.
dashxdr 2 years ago
I don't want to instill fear in you. I think you'll get your romantic wish for a new wild west. But I doubt you'll survive it. You're not smart enough.
valvika 2 years ago
>You're not smart enough.
I'm reminded of an episode of The Simpsons, the episode where Bart works for Fat Tony the gangster. In the end Bart is framed as the head of the crime syndicate, but he gets off. He says to Fat Tony, "Sorry Fat Tony, crime doesn't pay."
Fat Tony, as he's driving away with beautiful women in the back seat of chauffered limos, says,
"Yeah, I guess you're right."
Do you remember the exact moment when you became a troll, by the way?
dashxdr 2 years ago
All it takes is for someone who recognizes you and knows where you live to make a mental note of it and perhaps mention it in conversation. So what if you have a gun? You need to sleep, don't you? You don't live in Fort Knox, don't you? Having a gun won't deter anybody sufficiently desperate (or determined).
valvika 2 years ago
>Having a gun won't deter anybody sufficiently desperate (or determined).
*Sigh* Your attempts to instill fear in me are falling on deaf ears. Go save someone else.
I _want_ the return of the Wild West. Don't you get it? I'll take my chances with Anarchy.
dashxdr 2 years ago
Yes, there are more attractive targets than you. But not to any thieves who happen to live near where you live. And any comparisons with the likes of Bill Gates are not relevant. We assume he has tight security around himself and his family. So forget about Bill Gates and try and think like a crook who lives near you. The point I'm making is that you are posting video(s) with footage of your collection, saying (inferring) how much it will be worth in the coming years. Cont'd.
valvika 2 years ago
After reading all the comments, I tend to side with dashxdr, and look forward to the the whole system crashing into flames.~ Good riddance.
It's over. I saw this coming 10yrs ago. Anyone who can crunch numbers saw this system ending. It's finished. Kaput.
Just the baby-boomers retiring was gunna bust the system. Do the math.
As for having your wages garnished, become self-employed. You're going to need these skills soon anyway, or you'll starve. 9 million died during the last depression.
TheDudeJeffCanuckski 2 years ago 2
You're right Dave, people just don't want to wake up! Nice vid, if its the calm before the storm wouldn't you buy a raincoat NOW, and pay the student loan NEVER? LOL
hucgirl8 2 years ago 2
thats why i dig you man....u have a valid opinion and you actually talk to other people....u r right about the collapse as you said at the end of our last conversation......its all going down and the elite know it and they are grasping at straws....
ndtoknw 2 years ago
Don't agree. Why would anyone bother to try and steal from Gates or Hommel if they live in your neighbourhood, and they know you have it. They will try and steal it from you. It's much, much easier.
valvika 2 years ago
>They will try and steal it from you. It's much, much easier.
But don't you see that I'm not as rich as Bill Gates? The silver isn't worth much at all yet.
If it DOES become extremely valuable, and an attractive nuissance, maybe I'll move. But it would really have to explode in value to be attractive.
Face it, a thief is facing getting shot. I contend if a thief is going to steal something, there are far more attractive targets than me.
dashxdr 2 years ago
That's an open invitation to have it confiscated, or worse, when the shit hits the fan. When the price of PMs go through the roof, which they will, these collections won't just be a lifeline, they'll also be coveted. Stop advertising the fact that you have a fortune in gold/silver whatever. Good luck everyone. Over and out.
valvika 2 years ago
>Stop advertising the fact that you have a fortune in gold/silver whatever.
Bill Gates has an enormous fortune. Does anyone try to steal it from him?
As PM's rise in value, what you do is invest a bit of the PM's value in protecting the PM's themselves. Off site heavy safes for example, perhaps in a storage facility. Jason Hommel has 100,000 ounces of silver and talks often of guarding it. Anyone wanting to steal a fortune will start with him.
Own guns and ammo also. I never show them.
dashxdr 2 years ago
Cont'd. I.e. before debts are reset. If there's some semblance of order left post-collapse, then whatever remains of the banking system will try and reset debts in their favour. If there's a complete societal collapse, then it won't matter. Another reflection: A lot of people overestimate the TPTB. Don't. Collectively, they're finished, they blew it. But don't underestimate either. A lot of you are advertising the fact the that you have PMs in your possession, filming your coin collections.
valvika 2 years ago
Good video. A few reflections. KK's idea of paying off debt is a good one, but ONLY if you've invested in PMs, food, etc. beforehand. Prioritize preparations before debt payments. If you have no earthly chance of paying your debts in a short time (>90% of all debtors), then walk away and spend whatever cash you get on your hands to prepare for what's coming. Buy silver, buy food. If you amass sufficient PMs, you may have a short window to pay off some worthless currency debt with real money.
valvika 2 years ago
"when it all comes back".. u really believe its all going to come back.. behave.. u seem intelligent but if u cannot see where we are heading u need to study some more.
britishempires 2 years ago
>u seem intelligent but if u cannot see where we are heading u need to study some more.
"when it all comes back" I am speaking of free market capitalism. Free markets. Freedom. Under this environment there will be endless opportunities. We've got a nation completely devoid of manufacturing, that won't be able to afford imports. Money tossed on this soil will sprout fortunes.
I've made it clear I don't care how many people starve and suffer. The pain is necessary for learning to occur.
dashxdr 2 years ago
Whether it makes sense to walk away from debt depends on the laws where you live & the terms of the debt. Making a blanket statement such as "pay off your debts as fast as you can" or "just make the minimum payment" or "walk away from your debts" is idiotic if you don't have all the facts about the particular debt.
I've seen people "walk away" from small debts and end up owing 5 times more because of penalties, legal fees and punitive interest.
Ape65 2 years ago
>5 times more because of penalties, legal fees and punitive interest.
Right, right, and do you know the backlog in the court system? How many years long is it? And how the pile of court cases is only getting deeper? More people defaulting.
Do you people even know what "hyperinflation" means? What it implies?
Fixed rate interest debt becomes meaningless.
Sometimes I wonder if anyone else even gets it. THE SYSTEM IS DEAD! REAL CHANGE IS OCCURING RIGHT NOW! DEAL WITH IT!
dashxdr 2 years ago
There wont be hyperinflation. All the increase in M3 is being hoarded by the banks to protect them from all the un-anounced insolvant loans they still carry. As soon as there's any hint of inflation, bond prices will drop, gold will skyrocket, and the US govt will have to slash spending because they will not be able to finance their deficit. I see what California will go through in the next few months as a precursor to what the federal government will have to do in a few years.
Ape65 2 years ago
>There wont be hyperinflation.
Everyone always claims this.
The US government will not slash spending. They'll be unable to cut the pork anywhere. Each faction will say, "Cut someone else's section!" The USA will be unable to borrow, unable to cut spending, and will resort to the printing press.
Nevermind the government itself, medicare, medicaid and social security are already taking in less money than they shell out. They're unfunded! This ponzi scheme can't go on either. CONT
dashxdr 2 years ago
>This ponzi scheme can't go on either.
And nevermind all that, what about all the hoards of dollars overseas? When the world gets a taste of the dollar collapse, watch the mad dash to get rid of dollars. They'll all come home to roost! Prices will skyrocket, in dollars.
As the world's reserve currency, when people around the world accepted it as a store of wealth, the US had the wind at its back. When people don't trust dollars, the exact opposite is true. Only it'll be a tsunami!
dashxdr 2 years ago
regarding college debt . You do not know how that debt will be treated .
do not forget government always has upper hand and it is not going to be advantageous for most people . thx
tuktukktotam 2 years ago
>You do not know how that debt will be treated .
What I do know is that government will be hamstrung in its ability to enforce contract laws and other things. It's bankrupt, can you not grasp that? No money no workee. Government employees don't work without pay. Government workers are needed to enforce contracts. Get it yet?
Anarchy is coming. Crippled, broken government. Laws on the books will be irrelevant. The mass of defaulting students will make the "rules" irrelevant.
dashxdr 2 years ago
are you a lawyer or economist ? demonetization (happens usually after hyperinflation when country goes bankrupt ) means conversion of money supply to GDP . All paper assets including stocks bonds futures etc will be wiped out . Since money supply M3 is tens of times greater than GDP
tuktukktotam 2 years ago
I can tell u where he is coming from . Probably from kabala teachings . Not necessarily Torah I believe it is Kabala . Although I do not know the whole story of your confrontation with him .
tuktukktotam 2 years ago
I'm thinking that those who advise keeping the system in place are those who would benefit from it, either from their job as brokers or the finance industry or their family position. I had to blow KK off as one of those persons.
For a long time, I've thought I was the only one who seemed to understand that the NWO is past tense.
p717 2 years ago
"I've thought I was the only one who seemed to understand that the NWO is past tense."
NewWorldOrder = sounds pretty lame & paranoid to me, in any tense.
LisaJ4Liberty 2 years ago
>NewWorldOrder = sounds pretty lame & paranoid to me, in any tense.
Yeah, I just don't get these people that seem addicted to fear and powerlessness. "Sorry master, you dropped your whip while you were beating me with it. Can I get it for you?"
"Freedom! Horrible horrible freedom!" -- The Simpsons, episode where ants go into space and Homer breaks their container open.
dashxdr 2 years ago
"NewWorldOrder = sounds pretty lame & paranoid to me, in any tense. "
Well, the term has been used by writers and politicians for literally hundreds of years. It's just recently become a tag line for the fear industry...just in time for it to fade away, which kind of shows how much the anti-NWO need "IT" to really exist.
p717 2 years ago
Yeah...I guess there's always a buck to be made peddling fear & always people out there who love to get the beegeezus scared out of them.
It's just such a ridiculous term in all contexts.
LisaJ4Liberty 2 years ago
Nice rant. I with ya 100%.
LisaJ4Liberty 2 years ago
My concern is that the banking system that is in place at the moment will not lose a penny...KK is basing his thoughts based on history (I do beleive he did provide links for you on wiki regarding what had happened in the based what had happened in the past.)
I also agree with you that if his scenerio did happen the bloody french rev whould happen likewise.
Myself I am thinking that the ratio would not be so dramatic but it would still not be an easy ride. more maybe in pm
TheCassandraReview 2 years ago
>My concern is that the banking system that is in place at the moment will not lose a penny.
Whether they lose money or not, whether they can suddenly own much more real wealth than before, this is all irrelevant.
The positive outcome of all this is the end of the fiat currency system and a return to Real Money. Under real money the banking elite cannot manipulate free markets without fear of loss. Under Sound Money, Real Wealth will be easy to accumulate.
dashxdr 2 years ago
I agree Fiat money is going to end, because the system as it stands at the moment can't go forward... and we are seeing that as we speak.
I would LOVE to see what you see happening.. but I also follow history and human nature and unless we go back to dark ages I don't see the elite giving up power.
Like I've said before even then, there will always be a power grab.
TheCassandraReview 2 years ago
>I also follow history and human nature and unless we go back to dark ages
History can only be applied so far. There is new communications technology (the internet, for example) that changes everything. Populations cannot so easily be manipulated through propaganda, not when alternative information channels exist.
There will never be a new dark ages. Actually, I believe the future will look back on the 20th century as the dark ages.
dashxdr 2 years ago
ohh you two... btw I like both of you very much and both are great in your summations of where you think we are going.
I understand your points, and to be honest even if I tried there would be NO way I could pay off all my debt right now, as it is we have lost about 50-60 % of our wealth in a family venture and that alone will enslave us.. bankrupcy laws have changed greatly over the last few years (thanks to joe biden, wiki that and you'll be amazed)
con't
TheCassandraReview 2 years ago
>bankrupcy laws have changed greatly over the last few years
I've never understood the point of going through bankruptcy. Why bother? What does it matter if they make the requirements for bankruptcy relief more stringent? Public response? Simply stop paying off debt, and don't even bother with bankruptcy.
dashxdr 2 years ago
YOU must have never been through it before. I have and back when it was easy it wasn't THAT big of a deal. BUt still on judgement my paycheck, a portion of it, was given to creditors. Tell that to a working single mom that made less the 25K a year. So in that sense I talk from experience. Now if there wasn't a system sure I could get around it.
BUt honestly I didn't want to live under a bridge with a todler and a 5 year old.
TheCassandraReview 2 years ago
>like both of you very much and both are great in your summations of where you think we are going.
1990 in Texas we had this joke about people in arguments that don't take sides. "I feel strongly both ways!" was they statement.
A very important point in grasping Reality is that there IS a single, unambiguous Truth that you can discover. KK and I cannot both be right, in this instance. KK would happily agree to disagree. Me, I'd rather get at the Truth.
dashxdr 2 years ago
what if you both have a nugget of truth? I certainly do not even begin to think that I know more then the average person.. I just like to think and research.
Can anyone really truely know the truth about anything? When it comes down to it IMHO it's speculation... even on facts that we consider facts....it's with the present knowledge and information that we have.
I am Certainly GLAD that we have gotten past the "bleeders" medicine... but again at the time what information did we have?
TheCassandraReview 2 years ago
>Can anyone really truely know the truth about anything?
Yes, certain things are 100% knowable. For example, is the Big Bang Theory truth or fantasy? It is a question of fact, not opinion. One day the truth will be common knowledge (I believe BB theory is fantasy).
Predictions of the future are always iffy. Those who predict correctly usually get suitable rewards.
dashxdr 2 years ago
I agree with KK on his thoughts of the New World Order, and disagree with you that it is ending. I believe the NWO is going into overdrive right now. Read the Georgia Guide stones on population. This stuff is not a joke. People will beg for new currency once the dollar has collapsed.
But I do agree with you on the debt. I will not be a slave to anybody no matter what, and if I did have debt, I would walk away - after all, what are "they" going to do about it?
KK does try & care.
crasster1 2 years ago 3
anyway suppose, that 1 euro becomes 1 trillion dollars, i might send you a euro or more, you will be rich!
dontblamethemessenge 2 years ago
you have to think about it.
if you have hyperinflation, it is in principle smart to pay off the debt. But do it quickly then i think. Why? Because i think the period might be short, and in that period your salary will not rise? So you only have hyperinflation but you do not get more money to pay of your debt. But if you have the metals, then you exchange the metals for the worthless paper.
dontblamethemessenge 2 years ago
True and while I have metals I don't bet on that being the case. Whats to say the government doesn't outlaw pubic ownership and while you may not turn in your gold (it would be a cold day in hell when I would) you are prevented from converting it. I view gold as a storage of wealth, if you have debt you have NO WEALTH. If you have no wealth then why do you have gold? Do you see my point? I follow Dr Gary North and that is his view.
leiaburgess 2 years ago
>if you have debt you have NO WEALTH.
If you have debt you have negative wealth. If you walk away from the debt, in going up to zero net worth you've suddenly become more wealthy.
Your note on "pubic ownership" didn't quite get a laugh out of me.
Do not fear government confiscation of precious metals. The metals can hide far more magically than their jack-booted attempts to locate them.
The government can't even stamp out the black market in drugs. They won't stop a PM black market either.
dashxdr 2 years ago
The government can't even stamp out the black market in drugs. They won't stop a PM black
That is because they profit from it. Why would they want to?
As for the jack-booted thugs, look at who I work for. The jack-booted thugs won't take your gold, seriously there are really to of us that own it to bother with, but they can make it to where it can't be converted. This is my contention, maybe I didn't make that clear.
leiaburgess 2 years ago
In the US they will haver very big inflation to start with.
In the EU it looks like deflation. So in US debt can be very smart to have. But gold and silver with debt, wait, and when the dollar is worthless, pay it off. Or exchange dollars with euros on some foreign bank acount, and wait (but that can be risky, because euro is also paper or computer numbers, however it is faster to exchange maybe).
dontblamethemessenge 2 years ago
Also it is those who are debt free that want others to pay off debt. I feel the same way and think that everyone should pay for what they signed for, but I'm debt free so I'm not really looking at things from a debtors point of view. I would consider how you will pay for neccesities and your debt if hyperinflation does come to pass. As for gold, I own it and have since Dr North advised but I don't think it will be easy to sell during a crisis and Dr North has said that.
leiaburgess 2 years ago 4
>I feel the same way and think that everyone should pay for what they signed for,
I too have managed to live debt free. But I don't consider it as a loss if other people who assumed huge debt levels, lived an extravagant life, and suddenly their debt vanishes. I don't feel cheated. I consider it their business.
I want slavery to end. That means existing debt has to be wiped out. Slavery doesn't end if the debt is paid off through labor. Slavery ends if the debt is defaulted upon.
dashxdr 2 years ago
>Slavery doesn't end if the debt is paid off through labor. Slavery ends if the debt is defaulted upon.
Exactly but how long will it take for people to wake up to this? Do they know that they are being ripped off by trying to play along as everything was normal and hold on as usual just to maintain..?? We need some big guy out there with a God-Sized Microphone to Yell Out, "GIVE IT THE FUCK UP, GIVE THE SYSTEM THE FINGER NOW, WISE THE FUCK UP ALREADY!!!"
imitator777 2 years ago
>Exactly but how long will it take for people to wake up to this?
It is irrelevant whether people wake up to it or not. The laws of physics make it impossible for the debt to be repaid, even if people worked themselves to death, even if they didn't take time to sleep. The system is collapsing, and nothing can stop it at this point.
I merely object to KK spouting toxic advice. I would help his subscribers if I could.
dashxdr 2 years ago
This is true that it is none of my concern that people default on their debt, it doesn't effect me personally. However, it is an ethical matter. If a man/woman doesn't keep their word then they aren't worthy of my trust. I have loaned money before (I was always paid with interest) and I expected to be repaid. If you enter into a contract then you break that contract you have broken your word. It makes you less in the eyes of others. People cry because they are in debt. They didn't have to sign!
leiaburgess 2 years ago 4
>However, it is an ethical matter.
It is not an ethical matter. A person you know giving you their word to pay you back if you loan them money is a different situation. I'd consider that an ethical question there, but it's not the same situation.
A person taking on the home mortgage was led to believe housing prices would continue rising. Surprise! They didn't. Who bears the burden of the error?
A person racking up huge credit card debt, that's a business transaction. No ethics at all.CONT
dashxdr 2 years ago
>A person racking up huge credit card debt
The credit card debt is unsecured. If a person defaults on that, they lose their good credit rating, and the credit card company loses their money. It is a straight trade. Each loses something. Fair deal.
Throughout the system the financial regime has engaged in unethical behaviour. This created the environment of easy money. Now you claim it is unethical to walk away from the debt! It isn't. Soon only suckers will be struggling to pay off debts.
dashxdr 2 years ago
>Soon only suckers will be struggling to pay off debts.
You need to understand this. Bankers with integrity found they couldn't compete with the unethical ones, who sold derivatives, sold repackaged mortgage debt. Ethics because untenable.
Home prices rose so fast that 30 year fixed mortgage became a sucker's play when ARMs were so much cheaper. The home buyer with wisdom became a sucker, paying too much every month!
Now mortgage payers will find the honest ones are the suckers.
dashxdr 2 years ago
What I mean about bankruptcy law concerns credit card debt.. read about Joe Biden's new laws stating that these debts could not be written off.
TheCassandraReview 2 years ago
I would've lost my TS as well. It will effect your whole life to walk away from debt. You might be able to flip burgers after that. It is going to come down to that.
leiaburgess 2 years ago 4
>You might be able to flip burgers after that.
It's surprising how many people just assume that the job of flipping burgers will always be an option. Not so! Only a small number of people can actually get that work.
Reality is so many people will have trashed credit ratings, foreclosed houses, unpaid credit card debt, that credit rating will cease to be a determination of a person's reliability. Moreover if government exists, laws will be passed to criminalize discrimination on credit rating.
dashxdr 2 years ago
>criminalize discrimination on credit rating.
I keep making correct calls. Recently a flurry of laws was passed to hamstring credit card companies. They can only raise rates so far, and must give plenty of notice. Now payments must be applied to the highest interest rate balance first.
CC companies will be losing money very soon. Doesn't matter! Government will bail 'em out. Keep the US consumer spending! I predicted all this. And more.
US is in a populist mood. It'll kill the dollar. Yay!
dashxdr 2 years ago
Laws will be passed by whom? You contend there will be no laws!
leiaburgess 2 years ago 2
>Laws will be passed by whom? You contend there will be no laws!
Read what I wrote, which was: "Moreover if government exists, laws will be passed to criminalize discrimination on credit rating."
Do you see? If government doesn't exist, then there is no enforcement of civil contracts. If government does exist, there will be laws that hamstring credit card companies.
The accumulated information on credit ratings (and so much more) will become irrelevant. Everyone starts out fresh.
dashxdr 2 years ago
Do you see? If government doesn't exist, then there is no enforcement of civil contracts. If government does exist, there will be laws that hamstring credit card companies
I had to reply because it dawned on my who you remind me of and why you rub me the wrong way. I had to sit through lectures in an Environmental Ethics class at Univ WA. The professor was Derrick Jensen. He is a lot like you. He believes in anarchy as well but in order to end civilization for the good of the earth. cont.
leiaburgess 2 years ago 2
order to end civilization for the good of the earth. cont.
He too tells others to do what he wasn't willing to do himself. He writes about blowing up damns and taking down infastructure. I asked him why he didn't just do it himself and his reply was that he had too much to loose. So just like you, he is an armchair commando. You will tell others to stop paying their bills and let society fall. You are willing to let them take the lumps for you but you're not willing to get into the fight. cont
leiaburgess 2 years ago 2
>You are willing to let them take the lumps for you but you're not willing to get into the fight
Your assertion is completely without merit.
First of all I pay no taxes. True, I don't earn enough to pay taxes, but that is a choice, is it not? I suffer by not having ample money to buy anything my heart desires. But by not paying taxes, I'm not supporting the System. Can you say the same?
2nd, I tell people who are so hopelessly deep in debt that they should walk away. They get CONT
dashxdr 2 years ago
>They get
They get immediate benefit by their net worth going from negative to zero. It is to their best interests to NOT be slaves. KK tells them to be slaves and shut up. I tell them to be free and enjoy it.
My own situation is extremely conservative. I never took on massive debt. I'm relatively wealthy.
This is not a war, per se, where people must group together to fight. Rather this effort is simply a matter of not supporting The System.
You are a very foolish person, by the way, CONT
dashxdr 2 years ago
>You are a very foolish person, by the way,
to compare me to this Derrick Jenson fellow of yours. I'm in favor of humanity conquering the universe, expanding outward at the speed of light. I worship technology. I'm irritated by my fellow man and I wouldn't mind a good plague or famine to thin out the ranks (provided I survive!) but I would not cause such things myself even if I could. And I certainly would not be in favor of going back to a pastoral life, nor destroying infrastructure.
dashxdr 2 years ago
>nor destroying infrastructure.
You seem to be in an argumentative mood -- it appears as if you're driven by ego to "win" this argument. So you're morphing the argument into something winnable. You misrepresent my statements and beliefs. You appear to be contrarian for contrarian's sake alone.
I practice everything I preach, BTW. Down to buying silver on credit and being willing to default on the debt when it's convenient.
dashxdr 2 years ago
Driven by ego? I see you as contemptable and a sad pitiful creature that will lead others astray. You talk a good talk till someone that has done something in life challanges you. You wouldn't survive a collapse, you are too soft. You are most likely an out of work, bitter tech geek that can't reconcile his current prediciment with reality. You zone out in a fantasy world to deal with your miserable existance.
leiaburgess 2 years ago
>You zone out in a fantasy world to deal with your miserable existance.
Wow, you're sounding like this Velveta fellow below. Whoops, make that valvika. Are you a sock puppet for him, or vice-versa?
It's hilarious how you both resort to hurling insults when you're no longer able to argue. Does this work for you in real life? Face to face situations?
"You talk a good talk till someone that has done something in life challanges you."
On the contrary. I hold my own expertly when challenged.
dashxdr 2 years ago
You read too much sci-fi.
leiaburgess 2 years ago
>You read too much sci-fi.
I don't believe it's possible to read too much sci-fi.
dashxdr 2 years ago
order to end civilization for the good of the earth. cont.
I believe in taxation.
leiaburgess 2 years ago
>I believe in taxation.
I suppose you believe in slavery as well? In the atrocities committed at Gitmo (torture, waterboarding, etc)? At the USA's tacit support of Israel killing innocents in the Gaza strip?
Dear me, how about the entire Iraq war? The disasterous invasion of Afghanistan? Needless persecution of Cuba?
Your taxes help support the USA -- it's an evil empire, haven't you grasped that yet? Notice how the remaining wealth is being looted by the government?
Wake up!
dashxdr 2 years ago
I have respect for those willing to fight their own battles but not for those who choose to let others battle for them and then reap the rewards. I have always believed that you judge by action. I wouldn't call Bravo Serria on you if you practiced what you preached yet you don't. I guess you can't help that you believe what you believe but should what you say comes to pass you won't survive. It will take a network of people to survive. My network would view you as a liability. Others would too.
leiaburgess 2 years ago
A fool is lead to believe something. That is an enabling statement which is like saying to some drug addict or welfare moocher that it is okay , your current situation isn't your fault. No, not your fault at all, it was just those bad people that put you under stress where you couldn't man up and hold a job or you had to take those drugs to deaden the hurt. Oh boo-hoo. You can't be trapped in debt if you don't play the game. And don't say they couldn't read the contract.
leiaburgess 2 years ago 4
>You can't be trapped in debt if you don't play the game.
Your point is people who got into debt are responsible for paying off that debt. I claim the conditions are different now. The debt was taken on under a situation where everyone assumed the debt could be repaid.
Well everyone got a wakeup call. Why should the lenders be make 100% whole, while the debters must be enslaved?
Your mistake is to apply morals. It's all business. When walking away from debt is a good idea, people will do it.
dashxdr 2 years ago
The debt was taken on under a situation where everyone assumed the debt could be repaid.
The military has a saying about Assuming!
They enslaved themselves because they wanted something NOW and didn't want to save and buy like their parents did. It is an entitlement mentality. These are the same people that want a $300 laptop and $1.50 gas and go to WalMart to buy it.
leiaburgess 2 years ago
>The military has a saying about Assuming!
Vast hoards of people made the same assumption. There IS safety in numbers.
There will be natural benefits to people that kept their house in order and didn't get too deep in debt. It's not going to be a picnic for those who default and start out with zero. But they'll be better off walking away from their debt than trying to slave to pay it off.
dashxdr 2 years ago
That won't end slavery, it didn't in Russia. You need to become a student of history. You seem to be a brilliant man when it comes to science, I won't dispute that but you are forgeting your history and how it tends to repeat itself.
leiaburgess 2 years ago 3
>You need to become a student of history
Boy that's really funny. My interpretation of history differs from yours, therefore I must study history. Priceless!
History can only be applied so far. We can't have Nazis killing jews again, been there, done that, as a species we know better. Just as you can't have 4 guys with box cutters hijacking a commercial jet anymore.
dashxdr 2 years ago
I imagine that he views walking away from debt as unethical. If you took out debt then you can't blame the bankers for what you have done. If you payoff debt you are nolonger a slave to the lender. You view things differently because you don't believe that you answer to a higher power. Everyone speculates on what could happen. I personally think debt kills and the faster you can pay it off the better. If we enter into hyperinflation you may not have a job to address your debt.
leiaburgess 2 years ago 3
>I imagine that he views walking away from debt as unethical.
Then let him state that outright, instead of us having to speculate.
Then it becomes an argument based on ethics. And I can paint a picture how the ethics of the situation have shifted such that it is more ethical to abandon the debt than attempt to pay it off.
"Pay your debts otherwise you will burn in hell!" Isn't that exactly what those in power would want people to believe?
dashxdr 2 years ago
I don't contend that "you pay off your debt or burn in hell" but I do say that it boils down to personal responsibility. I understand that you don't believe in G*D and I am okay with that even if I believe differently. However, to say that it is ethical to not address a contract that you entered into and benefited from is really reaching. You are saying that it is okay to lie, steal, cheat, how about murder? Where do you draw the line in the sand? What you are pushing is anarchy.
leiaburgess 2 years ago 5
>What you are pushing is anarchy.
Exactly, that's what I want. Government is a protection racket, existing for its own purposes. Not for the benefit of the public.
I think what you're doing is a straw man argument. "lie, steal, cheat, how about murder". There are natural consequences to these activities.
Walking away from debt today in the USA is a way of adapting to the changing times. Obama is rewriting contract law, have you noticed? All bets are off.
Morals have nothing to do with it.
dashxdr 2 years ago
>It will be several military's under U.N. control
But the UN is simply a figurehead for the central banking cartel, as are all G20 governments, as are all mainstream media. The system that allows the US army and the UN military to function is collapsing. UN forces are essentially only the US military with token support from other countries.
Keep thinking about it more.
dashxdr 2 years ago
>I'll be amazed if I don't see a civil war in America before the end of my lifetime.
Think about this for a moment. Civil war implies some states support the union, others do not. Which states would support the continued tyranny of the union?
My question is, when the states universally appear sick and tired of US abuse, which ones will fight to defend it?
Civil war between which groups? US standing army and Everyone Else? Guess who will win!
dashxdr 2 years ago
KittenKattan feels they will you use your debt to control you, I am not completely sold on how that works but I see the point he is attempting to make, but ultimately I am more sold on your side of this...
imitator777 2 years ago
>they will you use your debt to control you, I am not completely sold on how that works
Yes I don't understand how that works either, that's why I want to know. Maybe if you ask him nicely he'll explain it to you!
dashxdr 2 years ago
Well that's what he thinks, he just thinks that they will use it against you because it's a trap, he feels it is moral to remove your debt, but you cant use morality against something that was immoral to begin with, it just doesnt match, and it's not fair at all, it makes more sense to let it all collapse so we can start over, the system is so ugly, it needs to be wiped out and there needs to be a collapse to cleanse the system...scary somewhat but true, theres hope in it too of course..
imitator777 2 years ago
The fact uis that there will be no complete collapse unless we have something akin to the Bolshevik Revolution. We know what that resulted in. I would love a collaspe if we avoided that. But we won't, not if it goes this way. Look at history, everytime the masses cry out about debt and enslavement what comes to the rescue? Better pick your battles wisely and be careful what you wish for!
leiaburgess 2 years ago
>have something akin to the Bolshevik Revolution.
I think you're missing the whole point. The people that will thrive in the future will be the ones that grasp the realities of the situation. The US government is toast. The US empire is toast. It cannot sustain itself. The world is shrugging it off.
People who can't adapt will starve to death. People who are adaptable will thrive -- the opportunities will be amazing. Government ceases to be a factor in the very near term. Deal with it.
dashxdr 2 years ago
Do you know how long it too Rome to fall, how long the currency was debased before the Empire crumbled?
The government can sustain through military might, it is the people that will suffer. Or those who aren't prepared.
leiaburgess 2 years ago 2
>The government can sustain through military might
Wrong. Very, very wrong. Look at the collapse of the british empire post WWII. "The sun never sets on the british empire." Well after US cut off credit to the UK, the pound sterling took a nosedive, losing some 80% of its purchasing power very quickly. UK had to pull out of all its colonial bases throughout the world, due to inability to pay for it all.
Without money the US empire collapses. Soldiers work for money too.
dashxdr 2 years ago
You again assume. We are a nuclear power, also have the SPA, have a physical presence in Saudi, Kuwait, UAE, Iraq, and Afghanastan. We are also members of the UN. IF you think that any of those factors will allow us to fall into anarchy you are a fool. BTW, why are you quoting history, I thought you said it was irrevelant! The UK was not a nuclear power. You can't compare the two. Nor could you compare the collapse of the USSR since it was already used to disruptions so isn't a comparison.
leiaburgess 2 years ago
>IF you think that any of those factors will allow us to fall into anarchy you are a fool.
I just realized your goal isn't to get at the truth, your goal is to waste my time. Troll!
I'm not responding to your nonsense anymore.
dashxdr 2 years ago
KittenKattan probably fears you because you look like a German Nazi, lol, anyway I am more on your side with this because the system did fuck us so fuck the system! But! Keep in mind that we took the bait and fed into the system when we should have known better, however its more of the systems fault for persuading us into potential corruption...
imitator777 2 years ago
>KittenKattan probably fears you because you look like a German Nazi, lol,
I've even tried to address that possible fear, in a private email to him (the single one I sent) I ended like this:
"I have nothing against jewish people, by the way. Just so you know. I'm not too thrilled by christians though."
dashxdr 2 years ago
I agree the working class will have their day again theres, no such thing as enslavement for ever .times are changing back in our favour maybe painful and slow but it will turn
1984noway 2 years ago
Dash, I think you're way too abrasive in your comments and a touch egotistical at times. It's one thing to constructively disagree but you just overly dominated KK's message board. Making this video response was more constructive.
I felt that you did the same thing with George4title was doing live broadcasts. I'm not trying to start a mud flinging contest but use a bit of restraint when going after fellow truthtubers (if you will). We're all trying to learn. Peace out.
lightleague 2 years ago 4
>Dash, I think you're way too abrasive in your comments
I'm however I am, I'm 42, that's just the way I am, and it's not about to change.
dashxdr 2 years ago
>and a touch egotistical at times.
I would have thought I'm very egotistical all the time. Proud of it! Whether you believe it or not, I've got reason to be confident in my understanding and abilities. If you are offended that I sound that way, well all I can say is you'd accept it more if you walked a mile in my shoes.
History's full of egotistical SOBs
dashxdr 2 years ago
Ultimately he has a Good intellect and has some good discussions as we navigate through some perilous waters.
Rizky06 2 years ago 2
right.
The working class will finally be the winner. And that should be.
I hate those paper shufflers, that make nothing out of nothing. So i bought gold, silver, get a lot of money out of the bank so they cannot misuse it.
that's the spirit.
dontblamethemessenge 2 years ago
Hey Dave - I have one question: If hyperinflation is coming, how could housing prices continue to collapse indefinitely? Won't money flow towards all real things including real estate, driving prices back up? That is my main disagreement with your points, though I am less confident that the NWO is failing... I hope you are right here.
I am thinking that the hyperinflation will affect everything across the board including real estate (at a slower pace than food). Do you disagree? Thanks!
magichandpuppet 2 years ago
>If hyperinflation is coming, how could housing prices continue to collapse indefinitely?
Good question. The answer is real estate prices, housing prices, will not fall. They'll rise also. Everything priced in dollars will go up.
The question is the rate of increase. I assert gold and silver will rise much faster than real estate prices.
There is a glut of housing in the USA that will depress prices, in relative terms, compared to precious metals.
PM's are scarce. Housing is not.
dashxdr 2 years ago
I agree. My plan has been to buy PMs and pay minimum on the mortgage debt. Then, after PMs rise enough, sell a little off to pay off the debt... or, just sell off enough to pay the minimum and keep it going.
However, I do think there is a chance real estate will sky rocket up IF employment turns around. My expectation is that even if Americans learn their lesson on the true liability nature of real estate, Chinese will start buying it so they get something with all that fiat they saved.
magichandpuppet 2 years ago
Houses will continue to decline due to the contraction in the local tax basis. I think it will become a liability to own a home when property taxes go up to address basic services. Maybe rural real estate that can support sustainablity will go up but not anyother real estate. Also interest rates will go up, probably double digit. Look to stagflation as an example. It is a dream to think the bubble will reinflate. A house is a consumer durable only the land increases in value outside a bubble.
leiaburgess 2 years ago
>I think it will become a liability to own a home when property taxes go up
You can't get blood out of a rock! Property taxes cannot rise faster than people are willing to pay. There is no magic bullet that allows massive government on all levels to continue. I'm not worried about excessive property taxes.
If the government tries to finance operations through property taxes, I and vast hoards of other people simply won't pay. If they insist, I walk away from the house.
dashxdr 2 years ago
If the government tries to finance operations through property taxes, I and vast hoards of other people simply won't pay. If they insist, I walk away from the house.
You may in fact do that but I think most will be reluctant to do that. If you walk away it doesn't release you from the debt. How do you survive without income? Did you know there is no limit on the amount the government can take from your pay to address a government debt?
leiaburgess 2 years ago 3
>Did you know there is no limit on the amount the government can take from your pay to address a government debt?
They can't take more than 100%, can they?
If they take too much, I stop working. They can get 100% of nothing.
Or I go to cash businesses. I could do farming and distribute my goods using barter.
US empire is finished. At the very least the government cancer will be drastically scaled back. That's a victory in its own right.
dashxdr 2 years ago
Or I go to cash businesses. I could do farming and distribute my goods using barter.
Not if you walk away from your house when they tax it. No one that is debt free would tell another person to take a risk that they weren't willing to take themselves. You paid off your debt, right? So you don't have risk. Do you see how hypocritical that is?
leiaburgess 2 years ago 2
>You paid off your debt, right? So you don't have risk. Do you see how hypocritical that is?
Hardly. As I've said, I own my home. And as you pointed out, "they" can raise property taxes enormously. So my risk is my home becomes worthless because of the tax burden.
Whereas a person who took out massive HELOC debt and credit card debt, who lived a playboy lifestyle, has nothing to lose simply walking away from his debts. He's at a net negative worth, so he's in great shape.
Hypocrate? No way.
dashxdr 2 years ago
He is coming from the place where the NWO will have a big ledger with your debts written in blood that will never go away! Basically Debt Slavery. Would this ever happen...Only if we enter a complete Aldous Huxley - Brave New World. I think we may have a new world Digital Gold and an ever mediocre existence but this still falls under MAY. No one really knows what will happen we are only throwing guesses out there.
Rizky06 2 years ago
I have never said that the NWO will win. I am saying that we should separate oursleves from the chains of debt that holds us to the NWO. You obviously don't pay attention. You will find that I will not speak to someone who is abusive. Which you are and others agree that you are. I will not have a disgustion with you only because of that. If you don't agree with my thoughts, then, don't. It is my theory and like all theories, it can be wrong.
Peace.
K.K.
Kittenkattan 2 years ago 7
>I will not speak to someone who is abusive.
KK you're a liar. You avoid discussion with me because you cannot explain your thought processes. You use the excuse of me being "abusive" as a way of avoiding the issue.
It matters not whether I'm offensive in my demeanor. How I comport myself is irrelevant when Truth is being sought. You are not interested in pursuing the Truth. Rather, you have some agenda. I wish to understand your agenda.
dashxdr 2 years ago
He's a representative of an organized religion, of course he's full of it. It's a prerequisite for the gig, as you well know.
LisaJ4Liberty 2 years ago