Whoever prevails in this battle will win WW3 and get to shape the new world order.
Changes to the world order are historical events with enormous implications—investment and otherwise. We’re living through one of these rare times right now.
According to Forbes, there are around 806 billionaires in the US with a combined net worth of about $5.8 trillion. Even if the US government confiscated 100% of their assets with a wealth tax, it wouldn't even cover federal spending for just one year. It certainly wouldn't change the trajectory of the debt spiral, which is now an unstoppable trend.
The Great Monetary Pivot of 2024
You Can’t Taper a Ponzi Scheme
Dispelling Five More Myths: The Truth About Bitcoin https://financialunderground.com/articles/dispelling-five-more-myths-the-truth-about-bitcoin/
Governments, the media, academia, large corporations, and celebrities tout an imminent "transition" to EVs as if it’s preordained from above. It’s not. They’re trying to manufacture your consent for a scam of almost unimaginable proportions.
Many erroneously think that since there are thousands of cryptocurrencies, “crypto” is just another asset class like bonds or stocks, and they need diversification within that asset class. That would be like adding pyrite to your portfolio to diversify your gold holdings. https://financialunderground.com/articles/the-case-against-altcoins-3-reasons-to-stick-to-bitcoin-only/
Savers face the daunting task of outpacing inflation AND the capital gains tax just to maintain their purchasing power. That’s made saving an impossible task for many people. Previously, people could simply save in money, which was either gold or a derivative of it. There was no need for a dentist, a construction worker, or a taxi driver to also become a hedge fund manager to try to keep their heads above water.
How will you save for the future—or retirement—when the US dollar loses 50% of its value every nine years, in the best-case scenario? In reality, you probably have much less than nine years before the US dollar loses half of its purchasing power again. That’s a big problem EVERYONE will have to address soon.