Ghost of Truth on Nostr: Dejá Vue: Debt Spiral Evokes Conspiracy Theories The divergence of credit card debt ...
Dejá Vue: Debt Spiral Evokes Conspiracy Theories
The divergence of credit card debt and the savings rate of private households is more than just worrying. A little conspiracy theory quickly comes to mind: if they had to introduce lockdowns in late 2019/early 2020 (repo disaster) to flood markets and households with liquidity and the situation is much worse today, what comes next? The attempts to escalate wars are more than obvious. Is this the cover story for massive flooding in the next banking crisis and the distribution of stimmy checks?
We must never forget that a weakening of the economy under such circumstances can quickly turn into a credit crisis or credit deflation. This is an absolute threat to the system! This is what politicians and central bankers are looking at.
#debt #federal bank #inflation #bitcoin #covid #fiatponzi
The divergence of credit card debt and the savings rate of private households is more than just worrying. A little conspiracy theory quickly comes to mind: if they had to introduce lockdowns in late 2019/early 2020 (repo disaster) to flood markets and households with liquidity and the situation is much worse today, what comes next? The attempts to escalate wars are more than obvious. Is this the cover story for massive flooding in the next banking crisis and the distribution of stimmy checks?
We must never forget that a weakening of the economy under such circumstances can quickly turn into a credit crisis or credit deflation. This is an absolute threat to the system! This is what politicians and central bankers are looking at.
#debt #federal bank #inflation #bitcoin #covid #fiatponzi