As the world undergoes the largest sudden wealth transfer in human history, it’s wise to remember these ten truths.
1. Your retirement account statement is merely a promise to pay, not the payment itself.
2. Most banks, retirement accounts & funds hold less than 10% in cash reserves.
3. FDIC deposit insurance holds less than 1% of the bank deposits it insures.
4. Due to rising bond interest rates, most central banks and governments are now insolvent.
5. Big bank derivatives & debt are superior (get paid first) to customer deposits.
6. Bank deposits belong to the bank, not the depositor. Depositors are merely “investors.”
7. Anything between you & your money is a potential thief.
8. What can‘t be paid, won’t be paid.
9. Wealth is not determined by how many dollars, but by what those dollars will buy.
10. REAL inflation is now running at 12% (ShadowStats dot com) & rising.
As seen in the Canadian truckers' strike, the government WILL freeze or seize your money for any convenient reason.
As seen in the United States, the government WILL seize entire countries' money (Russia's $300 billion), impose enormous tariffs, and threaten destruction to sovereign countries who
refuse to bend the knee.
Governments, Wall Street and big banks are run by DICKS.
They prove it every day.
If you still trust the people & institutions in charge, go ahead & continue business as usual.
If not, immediate attention & action is prudent.
As seen by the prior tyranical lockdowns & mandates, jobs face the same precarious insecurity.
Your income is far too important to depend on some job.
There are many ways to earn income without a job.
I share 87 of these ways in my free double e-book "43 Ways to Earn Cash Today, 44 Ways to Earn Cash Tomorrow"
I suggest you copy & save this information in case you need it in the coming challenging days.
###
More:
By Mike: Advice From Zimbabwe's Hyperinflation
The Great Taking: All Stocks & Bonds Are Already In the Name of the Cabal
By Mike: They're Submarining You
###
Back to Mike's Warm, Wealthy Wisdoms
Back to Mike's Website, WorldsBestWriter.com