The Great Reset - Global Bankruptcy Is Baked In
The asset bubble is breaking under the weight of $300 trillion in global debt. The days of easy money are over, asset values are beginning to crumble and the central banks are out of tricks to stop the inevitable collapse. They'll deploy desperate distractions and schemes to keep us from seeing the coming global bankruptcy - war, climate change, Trump, racism, digital currencies, food shortages and God only knows what else. But the truth will be upon us soon - they have no answers, only lies, accusations, and blame-shifting.
To put a finer point on the coming collapse, an article via ZeroHedge lays it out in simple terms.
https://www.zerohedge.com/markets/global-bankruptcy-already-baked
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Comment
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Comment by Richard McDonald/Saving Maine on April 5, 2023 at 9:09am
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Wilhelm, the crisis was set in motion years ago and magnified by Bernacke's Quantitative Easing scheme that opened the floodgates of easy money and massive Federal spending - Modern Monetary Theory was born after 2008 and has put the dollar and our economy on the brink of collapse. The Biden Regime and the bankers will wear out the printing presses to attempt to stave of the inevitable. It's only a matter of time now. Digital currency is their next move to devalue your money steal from us to try and cover the massive debt that will never be paid off.
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Richard,
Amen to that.
Stuff happens when elections are stolen and Democrats go on a woke, deficit spending binge at just the time the opposite, surpluses, are called for!
The federal reserve could have stopped that by immediately increasing interest rates by 3% to send a message to Democrat controlled government
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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