It appears to me that we are in the early innings of what appears to be the END of our current economic system. If it were not for the threat of CBDCs becoming the next economic system I would be far more comfortable with some major changes.

Personally, I would like to see a constitutional money (hard asset) currency that would change our system from a debt-based system to an asset-based system. I actually thought that the president could have been on that path early on, but I am disappointed to say that I believe we are being flung headlong into the CBDC system.

As happy as I was when our new president closed the border and ended men beating up women in sports, I have been greatly disappointed with the economic “policy” if you can call it that.

It appears to me that all that is being done is being done to enrich those at the top and the rest of us are being left behind. Some of the reasons …

· Tariffs. We are being told that we will get “rich” with tariffs. How can that happen when foreign governments do not pay the increased costs- WE DO! This protects our large corporations from foreign competition but stifles competition and leads to higher prices. A perfect example would be the BYD electric car manufactured in China which is superior to any electric car in the USA. If there were no tariffs the car could be had for around $30,000.00. They have recently announced that the new models can recharge in 5 MINUTES. Since we have 145% tariffs, we would have to pay almost $75,000.00 for that car. This protects our auto industry but winds up giving us less choices and higher prices.

It also appears that the rest of the world is getting fed up with our unipolar view and are dumping US dollars, bonds, and stocks to get out of harms way.

· Lower Interest Rates. This one is a real head-scratcher. When the president took office, I had high hopes that middle America would have some support. As it turns out, Mr. Trump has stated he wants lower rates and there is “no inflation” so now is the time.??? It is pretty obvious that our billionaire president does not do his own shopping or, if he does, he is oblivious to the cost. Lower interest rates would lead to a weaker dollar and FAR higher prices than we are currently enduring. Again, this would allow our large corporations to make larger profits with a weaker currency, but we (me and you) LOSE AGAIN! Lower interest rates will lead to higher prices across the board as the dollar gets even weaker than it has been.

· Wars. I can only guess how much deeper we are going into the debt abyss with all of the foreign wars we engage in and what may be being planned. Remember that all of the “money” we are spending is new debt being issued. This is off the books spending so it will not show up in the national debt numbers. The defense industry is giddy about this but those being bombed into oblivion are surely not happy. I cannot believe that there seems to be a mainstream media blackout about the horrors taking place in Gaza, Yemen, Ukraine, Africa, etc. Actually, that may not be so bad because almost all of the “reporting” is nothing more than propaganda anyway. A few get rich and millions of lives are lost or ruined. Destruction shuts down supply routes and again- WE PAY MORE.

· Job Losses. I do not expect that the full impact of Federal layoffs will hit until either late this year or early next year. There is clearly damage being done economically by these layoffs, but many will be paid through September- putting the full impact on hold. Unfortunately, corporate layoffs are now starting to follow suit as the economic collapse cannot be hidden anymore. All of these layoffs will impact 401k inflows, restaurants, dry cleaners, rent and mortgage payments, car payments, subscription services, etc. CEOs are seeing ahead and cutting costs right now in anticipation of FAR lower economic activity going forward. Who owns most of these shops that will suffer from less economic activity? Small business owners. Many will not survive leading to less supply, less competition, less service, and large corporations taking over. Keep in mind the largest job creators are SMALL BUSINESSES which appear to be disappearing before our eyes.

· Bitcoin Reserve rather than gold or silver reserves. While the rest of the world is buying hard assets- mainly gold, we are buying a mathematical equation that does not exist on the elemental chart. It appears to me that they could try to drive the price higher at some point but with Blackrock and others being the major owners of bitcoin I expect tremendous volatility up and down as they move the price up to get people in, short it to profit from the induced sell-off and then do it over and over again. If you hold the gold, silver, or any ASSET in your possession these games cannot be played and there is no risk of default. Let’s hope that in the next war our power grid is functional because if it’s not does that mathematical equation even exist at that time? Will it exist if a foreign adversary finds a way to hack it?

· We are all RICH! I am sure those at the top are feeling GREAT! Since most of our “leaders” are immune to real life. Take this into account. We count debt as growth so the $37 TRILLION we admit to in debt has masked the true state of our economy. Fortune Magazine reported that 40% of our population could not handle a $400.00 emergency without using credit (more debt). NO SAVINGS. USdebtclock.org reports 43.5 MILLION cannot afford enough food and are on food stamps. We have over $200 TRILLION in unfunded liabilities EXPLODING higher with each foreign war we are waging around the globe. 50% OF OUR POPULATION HAS AN AVERAGE NEGATIVE NET WORTH OF MINUS 34,326.00. Are we ALL rich or just those that our “leaders” come in contact with?

I believe that this system is being fast-tracked into oblivion and that all of these moves are strategically aligned to undermine our current economy. I do not blame the president. Most of the destruction has already taken place but the current “economic policy” appears to be hastening our demise. I also believe that when the plug gets pulled the undoing of this system will happen with frightening speed. I would rather be a year early than a minute late.

Be Prepared!

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