Post
Topic
Board Politics & Society
Re: Is a Madmax outcome coming before 2020? Thus do we need anonymity?
by
AnonyMint
on 02/06/2014, 16:04:08 UTC
---------------------------- Original Message ----------------------------
Subject: I expect all TRACEABLE assets will be effectively confiscated
From:    AnonyMint
Date:    Mon, June 2, 2014 12:02 pm
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
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http://armstrongeconomics.com/2014/06/02/getting-off-the-grid/

Quote from: Armstrong
In this respect, real estate and stocks will be the vehicle to make the transition to the new currency that comes for the big money.

The USA has contingent liabilities of $200 trillion and even if every asset in the USA was confiscated it wouldn't amount to $200 trillion. This discrepancy will worsen as Obamacare, rising taxes kick in and other measures to nationalize the wealth.

They are tracking everything including real estate and stocks. Everything will be taken as the nations try to not default on their debts. It will be a downward spiral in the abyss, because the more assets taken to pay debts, the worse the economy and thus the lower the tax revenues so the more they will have to take.

There is no escape in any traceable asset.

I am trying to find the source of two quotes which I think were attributed to anonymous sources within the Treasure department (perhaps Larry Summers).

"We are going to destroy all the millionaires".

"We will burn the fingers of the goldbugs up to their armpits".

We are headed into something quite different than the Great Depression.

The globalists want to eliminate all competition from millionaires. The millionaires will be isolated and few in numbered compared to the improverished masses (as the middle class is sliding into poverty all over the world). Thus it will be very easy to turn the masses against the millionaires.

The next step will be to bring the mainstream Europeans middle class into poverty, then the fireworks will really begin in earnest.