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RE: Study Discovers That If The Debt Machine Was Turned Off, The U.S. Would Immediately Plunge Into A Horrifying Depression

in #economy5 years ago

It’s not a total collapse because we’re looking down the barrel of a global system reset.
First of all, putting more tariffs on China doesn’t affect a whole lot unless your dependent on items from China, we have become so misguided by so many politicians that we must deal with China and buy their goods, when everything we have received is crap.
China has been selling us crap for years, and all because politicians and central bankers have been profiting from such cheap labor.
Let this country rise again in manufacturing and industrial products, reset the monetary system to be backed by something not out of thin air, and yes maybe you will see a reset of making 1.50 an hour, but everything being equal will also become cheaper, that 40,000 car now at 2000.00
There’s a lot at play here, but it’s not total collapse, it’s more of a bring back the wealth to America, bring back the jobs, get rid of the central banks and the federal reserve, and back money with sound tangible goods, it’s will creat a lot of pain to those not preparing now, but how long have we been warned?

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