- Jul 24, 2020
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Next to their rifles.
They were all lost in the boating accident.
Next to their rifles.
Harry Dent: Stocks to crash 40% by April and won't rebound for decades, here's why (Pt. 1/2) - YouTube
This guy gets it. Biden will lose the confidence of 90% of Americans before March and he will also be at odds with the progressive side of the party causing more unrest in this country than possibly the Civil War...except there will be 3 sides fighting this time....If Trump loses his court fights I believe that a third political party arises and will make a major power grab by getting Biden/Harris overthrown by the people or impeached at the very least.....by the end of 2022.
The significance of this? Listen to the interview....it lines up perfectly with Dents timing of the recovery(Demographics). Think about. Millennials are owning assets earlier in their lives(stocks/RE) than any other gen before them....In other words they will hit that point in life when many Liberal/Dems make the switch to conservatism earlier than our gen did...What fuels the switch? TAXES, CHILDREN, SAFETY......I've been a Conservative all my life because my Dad would have knocked my head off if I wasn't but I know probably more than half of you and current Repubs/Conservatives made a shift in your 30's or 40's.
Anyway this guy is 100% spot on.
Agree. This is all about the wealth divide. We speak of the "Bubble" as a bad thing BUT if you're in the bubble if means you've accumulated assets, and if you hold on to them they will return to value or relatively close(or maybe sell some of them to make it through the down cycle)or at worst pass them on to family...It's the 40%(?)or so who NEVER get into a bubble(homeownership/stocks/401k)that continuously put us at economic and political odds....It’s led to the biggest wealth divide this country has seen.
Not kookie enough to bother clicking the link, but the only thing you ever need to see was when Trudeau just openly talked about it in that one interview... said the whole damn thing, but I don't think the plan was for them to say it so straight up.they are almost ready for the final push, getting the puppet Biden in office was critical, Trump wasn't going to allow America to belong to the globalists
New World Government: 24 World Leaders Openly Call For A ‘Great Reset’
So it sounds like your positioning is going to be like everyone elses…I have no idea what I’m doing, what’s going to happen or which opinions to listen to. Anything good or bad is possible and I fear if I take a bullish approach the system will crumble, but if I take a doomsday approach there will be a period of profitability for the ages that I will miss out on.
I have no clue.
Here it comes. Not only does the gov't screw you with the 401K game, I told you this was coming This is just the start.
https://www.cnbc.com/2021/08/06/law...sier-for-guaranteed-income-in-retirement.html
How does this screw you with the "401k game"? It's just an annuity option. Not many retarded, non-saving Americans will ever be able to afford an annuity.
They both are not favorable for the individual. Not with each other but a 401K limits you to what you can invest in. No individual stocks or bonds, and only funds in your plan. How did those funds get there? By being paid to be there and not to the holder. Look at the long list of fees within a 401K and all those that benefit, the owner of the 401K benefits least. Yes it is pre tax but when most start a 401K they are in the lowest bracket and when they take it they are in the highest bracket. Hence more for Uncle Sam.
This is the start of everyone being able to afford an annuity. I have mentioned that Blackrock has been lobbying vigorously to be the manager of guaranteed incomes for people in retirement. First they call it optional then they will make some money mandatory to go into an annuity so you will be guaranteed to get monthly money when you retire. No control no nothing. This is what you get and the Blackrocks and other insurance whores get rich on your money
I’m more worried about government confiscating my 401k and IRAs, by a combination of new/ increased taxes, inflation, mandatory investment in low-yielding investments, and whatever other scheme they come up with to steal the money I’ve skimped and saved while others live beyond their means.
I didn't see my health insurance company threatening me with a rate increase if I wasn't vaccinated 2 weeks ago when I renewed either....guess what I was told today....I don't see this annuity plan as anything close to "the great reset".
I didn't see my health insurance company threatening me with a rate increase if I wasn't vaccinated 2 weeks ago when I renewed either....guess what I was told today....
Everything my friend...and it begins with government confiscation....pay more for health insurance if you don't do what we say(even though you are better protected than those vaccinated)....give up your rental property because you have roach tenants....starting to see a picture here? If not check out the price of Gold and Silver which would be up 300% any other time we were at the point of a 50 year high in inflation....starting to see a pattern?Again - what does this have to do with the so-called "great reset"??