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Valley’s most successful people are preparing for the end of civilization
- wallace_f 10y agoWell the ingredients are basically there already. What happens when people spend and borrow for a life they can't afford? Credit card debt, a second mortgage, a new car. Borrow, borrow, borrow. Eventually it comes crashing down and a massive correction takes place that is painful. So we've basically been doing that. The last financial collapse was partly a correction that was needed, but was forbidden to let happen by virtually unlimited borrowing, near-zero interest rates, and 16 trillion in secret loans by the Federal Reserve. Sanders called it 'socialism for the rich,' while everyone else had to endure the pain. Combined that with the escalations in the war with Russia over Syria, the discovery the US is funding jihadist terrorists, power returning to the people through hacktivism, the Nobel Peace Prize winner dropping 100,000 bombs throughout 7 different countries over the last 8 years, decreased liberties, increase police state abuses, never-ending unchecked constitutional abuses, dangerous identity politics coupled with undemocratic forces increasing diversity and immigration, and the rise of China and its actualization as a world power... Get ready.
- cryptozeus 10y agoAgree with everything you just said but this has been happening for years. Aren't we in the safest time of the history?