Trump forgives debts to wounded veterans.

Well the start of the free give-aways in terms of debt forgiveness has begun.  Trump signed an executive order cancelling the debt of wounded vets.  Well, you say, they deserve it.  But in my estimation, as an honorably discharged 6 year veteran of the USAF, they foolishly signed up to participate in foreign wars of aggression and then got injured.  Then they came back home and racked up a bunch of student debt.  I guess that's what constitutes behavior that should be rewarded.

But it won't stop at vets.  Look at all the presidential candidates.  80+ percent of them want to give something to someone in order to buy their votes.  And why not?  The debt ceiling, which was always a scam, has been lifted.  But DON'T  WORRY, it's only temporary.  It's "only" for 2 years, just until the danger is past.  You know, just like Nixon "temporarily" closed the gold window.  Nixon lied and congress is lying now.  The debt ceiling will never be reinstated.  Rand Paul is right, the Tea Party is dead.  Unfortunately, whoever doesn't take on more debt in order to provide gifts to voters today will have a very difficult time at the polls.

Oh but maybe Americans are waking up to the risk of all this debt?  Nooooooooo!  Not at all.  Some of the people don't understand the risks.  They think government can print money indefinitely.  Or they don't think at all.  But they are not worried about the debt.  Besides, if government has to add to everyone's debt in order for them individually to be forgiven of their debt, that's a pretty good deal.  Morality no longer has a say in any of this because, after all, the banks and corporations always get bailed out of their debt so why not everyone else?  Others understand it will all go bang! one day and simply want their cut before it does.

I'm sorry to say, there will be no end to the free give-aways.  The corrupt money system corrupts everything it touches.  IF you are not corrupt then you will likely get left behind.  It's only when people who get greedy end up having to pay a price for their misbehavior that the herd will change its ways, and forgiving the debts of anyone is not how they learn that they were idiots.  Instead, they look like geniuses.  They have their cake and ate it too.  And once the debt forgiveness momentum has begun (which it just did with Trump's exec order), everyone who saw the vets get something will demand that they get equal treatment otherwise the system is unfair.  Remember this is who we are talking about right now.



Look, the US empire was built on the back of the US dollar being the worlds reserve currency, just like every other empire that came before us.  With the fed throwing in the towel on doing the right thing (i.e. raising rates) and with the elimination of the debt ceiling, all we can expect now is record deficits from here on it.  The debt is going up exponentially.   It's can't stop now or the entire American way of life will collapse and there will be riots and rampant crime.  And so they will just keep adding to the debt to keep the herd happy until there is nobody left to loan us money at cheap rates.  And then the free gifts will stop not because the con men running this shit show want to but rather because they are left with no choice.  That's when the shit hits the fan.  You have until about 2023-2024, best case, to prepare for the eventual collapse of the fake money system.

If you plan to shelter in place, get gold, silver, guns and ground (own your property outright).  In addition, get your mind right.  Things are going to change and there are a lot of weak minded people out there.  They will lose everything, and as Gerald Celente says, once they have nothing left to lose, they lose it.  That is definitely going to happen this time.  People (mainly liberals) are going to do horrible things because they they will feel they are justified because they got disenfranchised.  In other words, they wake up to the fact that they are going under the bus.

I want to also make this very clear: this debt forgiveness and all other crazy government bullshit has to be paid by someone.  The government cannot order banks to cancel their contractual debts!  It can, however, repay the debts.

There are two take-aways here:
1) Government repayment to the banks for all of this debt is just another sneaky backdoor bail out of the banks.  Why?  Because students were way, way behind on their payments.  The number of nonperforming loans and the rate of increase in same, was showing the establishment that this debt was going to be defaulted on en masse.  And the banking system cannot handle trillions in defaults.  So its very convenient for government to step in and repay the loans that were going to default anyway. 
2) Each time there is a bail out, all it does is shift the obvious losses from the banks to the citizens.  And at the end of the day there is only really one way to do this: by printing up more currency.  You see gold going up because smart people understand this.  If you still have all your wealth in paper assets then you are taking a huge risk.  But if you have your assets in physical money metals in your own hands then you are taking no economic or geopolitical risk.