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(Zero Hedge)—With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme.
Dollars are backed by debt, which requires infinite economic growth to service.
Without constant inflation to erode the debt’s value, transferring wealth from savers to the government and bankers, it all falls apart.
Without new borrowers to sustain current spending, it all falls apart.
Without a petrodollar system where the USD is no longer the world reserve currency, and other countries no longer are forced at gunpoint to use dollars, it all falls apart.
Just as a Ponzi scheme collapses when enough investors lose confidence in it, because there’s no underlying value and not enough new suckers to pay back previous waves of investors, the USD collapses under the same scenario.
And while I see the surface-level, superficial appeal of president-elect Donald Trump’s plan to replace the income tax with tariffs, there’s (at least) one very big problem. We’re in a country that, for decades, hasn’t had a manufacturing base, making the economic viability of the plan incredibly questionable. Even if it somehow worked, it wouldn’t solve the problem of the world’s largest economies being based on glorified, state-sanctioned Ponzi schemes.
Until we revert back to dollars that are pegged to something of real value, like gold, the scam will continue. And it’s gone on for so long that tremendous economic pain is now a prerequisite for weaning ourselves off of it. Just as a Ponzi scheme collapsing harms everyone unlucky enough to be involved, the unwinding of the petrodollar USD Ponzi will hurt every American and, indeed, people all around the world as it reels under the chaos of the realization that the dollar was hollow all along, and the line of new suckers to buy US debt has officially dried up.
With 10-year Treasury yields rising and major pressure on interest rates to go higher, the Fed and Trump are desperate to keep them low. But at $35 trillion, our debt bomb isn’t going away, and the deficit isn’t going anywhere. A heavier interest payment burden and QE are going to blow the USD Ponzi balloon bigger and bigger, so the only question will be when it pops.
Painful as the explosion will be, it’s unavoidable and necessary, and will only be more severe the longer the Ponzi goes on. Just as more investors get hurt, and more spectacularly so, when a Ponzi is able to grow larger, the US dollar collapse will be more painful the longer the can is kicked down the road. This reset will be an opportunity to go back to sound money, but as in the 2008 crisis, the same elites that caused it will try to exploit it as an opportunity to implement an increasingly centralized system that gives them even more control.
Unfortunately, we’re past the event horizon for the Ponzi. Past the point of no return. No amount of economic tinkering, even of the right sort and on a big-enough scale, from Trump or anyone else, can reverse or solve the problem without a major implosion causing terrible pain across the economy. Gold is one way to protect yourself from the fallout, but when it comes crashing down, no one will be immune to the effects of such a spectacular burst.
‘Merely Coincidental’: Secular Scientist Work Overtime to Explain Away the Miracles of Christ
by Harbingers Daily
Was the miracle of Jesus feeding the 5,000 with just five loaves and two fish a little less than miraculous? Well, that’s what a group of scientists are claiming in a recent paper published in a scientific journal. Instead of a supernatural provision by the Lord, they claim the feeding…
Google Hosts Party for Democratic Operatives Plotting To ‘Resist the Republican Agenda’
by Free Beacon
The resistance’s bar tab is on Google. Priorities USA, a top Democratic super PAC with an affiliated dark money group, is convening a summit of left-wing digital activists on Wednesday afternoon to deliver a post-mortem on Vice President Kamala Harris’s election loss and strategize how to “resist the Republican agenda,”…
“The Correction Before the Surge”: Why Gold and Silver’s Future Is Brighter Than Ever
by Sponsored Post
It was long overdue by most estimates. Precious metals prices have been steadily rising for far longer than even the …
Ukraine Denies Reports From Think Tank That It Is Months Away From Developing a Nuclear Weapon
by Natural News
Ukraine has denied reports suggesting it could develop a nuclear weapon soon, following claims by a Ukrainian military think tank. The report, published by the Ukrainian think tank and nongovernmental organization the Center for Army, Conversion and Disarmament Studies, claimed that Kyiv could use spent nuclear fuel from its remaining…
Alex Jones Reveals Elon Musk Saved Infowars From Being Sold to The Onion
by End Times Headlines
Alex Jones has declared ‘the cavalry is here’ as attorneys for Elon Musk’s X jumped in to help put a temporary pause on the sale of his controversial Infowars to The Onion. The satirical news publication said the bid was sanctioned by the families of Sandy Hook Elementary victims who…
FBI Whistleblower Says FBI Intentionally Blocking Security Clearances for Trump Officials
by The Conservative Treehouse
It should not come as a surprise to see the same methods deployed against President Trump in 2024 that were used by the FBI in 2016. The difference is now that President Trump understands the full power of his office in the security clearance process and that he doesn’t need…
Pastor Greg Locke Burns Voodoo Doll He Claims Was Found on His Property
by End Times Headlines
Even amid ongoing warfare, we are called to stand firm on the Word of God. Pastor Greg Locke knows well the spiritual and physical attacks directed at him; he was recently targeted by a gunman. Now, he faces another spiritual assault, this time from someone attempting to place a curse…
Trump’s Incoming FCC Chief Already Putting Target on Big Tech ‘Censorship Cartel’
by WND
Social media companies have become a “cartel” for suppressing information with which they disagree, and that agenda now is going to be getting the attention of Brendan Carr, President-elect Donald Trump’s pick to be the chairman of the Federal Communications Commission. It was social media companies who played a role…
Sabotage: Two Undersea Internet Cables Connecting Four NATO Nations Were Severed
by Publius
Many in the international community are claiming sabotage as the only viable explanation for two fiber optic internet cables in the Baltic Sea being severed less than 24-hours apart. Fingers are being pointed at Russia as one of the the cables connected NATO nations Germany and Finland. The latter was…
Pennsylvania Supreme Court Orders Democrats to Immediately End Counting of Illegal Ballots
by Infowars
The Pennsylvania Supreme Court on Monday ordered Democrats in several counties to immediately halt their unlawful counting of illegal ballots in the Senate race recount. The Pennsylvania Supreme Court had ruled before the election that mail-in ballots lacking formally required signatures or dates should not be included in official results….
22-Year-Old Woman With Depression Was Almost Euthanized, She Changed Her Mind Right Before She Was Killed
by Life News
Why do you oppose euthanasia, Wesley? If people want to die, we should help them die. No. And here’s an individual example explaining just one reason why. A deeply depressed woman was about to be lethally injected in the Netherlands — but changed her mind just in the nick of…
“Massive Breach”: T-Mobile Network Hacked by Chinese State Sponsored Intelligence
by Tyler Durden, Zero Hedge
(Zero Hedge)—Where’s John Legere in a pink t-shirt when you need him? Among the multiple stories over the last few weeks about Chinese intelligence and hackers either attempting to, or outright gaining access, to U.S. cell phone networks (with reports stating President Trump and his team were targeted), comes news…
Trump’s Idea to Shut Down Department of Education Gets High Five From Top Christian Evangelist
by WND
A priority for the incoming administration of President-elect Donald Trump is to tackle the Deep State, the bureaucracy in Washington that is a self-perpetuating industry, to find what American taxpayers don’t need or want. And get rid of it. One of the targets he’s already identified is the Department of…
Experts Sound Alarm Over ‘Shocking’ Spike in Strokes Among ‘Healthy’ Young People
by Slay News
Health experts have issued a chilling warning to the public over a “shocking” spike in strokes among “healthy” young people. The “alarming” surge was identified in official UK government data. The data shows that recorded cases of deadly strokes skyrocketed in 2023 and continued soaring this year. In 2023/24, the…