Is it just me, or have you noticed how quickly we have forgotten? We’ve been hoodwinked into forgetting. Believe it or not, it is engineered forgetting. If you want to become wealthy, you need to uncover the truth.
Do you remember that we are living in an engineered economic boom cycle? Do you remember all the bailouts and quantitative easing?
Right now, the economy looks like it’s having explosive gains but the truth is, it is suspended on air. There is no reality to it. It’s one big bubble waiting to pop. All this massive wealth illusion is driven by debt. That means it’s not real wealth.
Our growing debt is cause for concern because over time this will cause a near future recession that will rock the world. It doesn’t matter how many jobs we create when our personal and federal debt, and cost of living, are growing faster than our wages and raises. We are so addicted to using debt we are at dangerous, never-seen-before levels.
Whatever the future holds, we will know it soon. As this economic expansion, which is said to be the longest on record, begins to unravel its true colors, many people will begin to feel their financial mistakes stress them. These mistakes will creep up slowly as interest rates rise and most people will be caught off guard just like they were in 2008. But this time, we will have fewer options.
There are a number of important scenarios that are playing out. The powers that be, the central banks, and the Wall Street banks, have their agenda and they don’t want you to understand it. They don’t want you to have assets, like precious metals or cryptocurrencies, because it disempowers them. They only get rich by selling debt instruments or fiat currency.
If you don’t know what their agenda is, it’s simple! It is to keep people in the dollar. They want you to keep using and valuing fiat currency. It’s to keep you believing that dollars are wealth. Yet, most people know that the value of the dollar has been dissolving every year. More importantly, the Feds have kept the interest rate at zero to make it easier for you to use dollars as currency.
Their agenda is to keep you in a currency that they can control. That can be any fiat currency. They will do everything in their control to keep people ignorant, confused, and unsure of what they should be doing to grow real solid wealth. They will have you second guessing yourself and moving away from real asset opportunities, into fake asset and fake prosperity.
We live in the illusion of wealth, with fake economic data, inside a debt market economy bomb that is about to explode.
What’s this thing all about? It’s about maintaining control. It’s about having the ability to manipulate you into whatever behavior will keep you in the debt economy… the spending and borrowing loop. They don’t want you to think into the future and see how the debt economy is killing your wealth. They want to keep you ignorant about what true wealth and assets are. They don’t want you to notice how it has been engineered for years.
As long as they can keep you focused on other things, you may not notice how you are being driven into more debt without thinking about it. Most people don’t understand the lengths that central banks will go through in order to keep you in this debt economy. Not just QE1 or QE2, but Operation Twist, and central banks buying each other’s debt.
According to The Balance, “Operation Twist is a program of quantitative easing used by the Federal Reserve.” The so-called “twist” in the operation occurs whenever the Fed uses the proceeds of its sales from short-term Treasury Bills to buy long-term Treasury Notes. Short-term instruments mature in three years or less, while long-term notes and bonds have a term between six and 30 years! Under normal conditions, the central bank replaces its purchases of short-term bills with new short-term bills.
Operation Twist is designed to put downward pressure on longer-term interest rates. You can see how the Federal Reserve is keeping their agenda working by artificially keeping rates low.
More importantly, do you know the Social Security Trust owns more treasury debt than any other institution in the world? Even more than China. In fact, it is going into deficit for the first time ever and is projected to be in deficit for the next 75 years. The truth is, the Feds will need to begin liquidating their holdings in order to pay the recipients the money that is due them.
After the Social Security Trust, the Fed is the second largest buyer and holder of treasuries. They sell treasuries as part of QT or (Quantitative Tightening).
The third largest holder of treasuries is China. They don’t need to buy any more of our debt. They can put pressure on the debt economy.
There are no solutions to these debt bombs; they will eventually explode, just like our subprime mortgage market exploded. Currently China is buying our debt, but how long can they continue to buy this stuff? Who, out of our debt buyers can continue to purchase more of our debt long term? China has no need to buy more of our debt. It is sticking with the $1.2 trillion it has and manages at that level.
What is important for you to understand is that debt, as an economic model, is a curse upon humankind. Most people just don’t know, or understand, how it works and it will come to bite them in the butt.
Tax cuts or raising of taxes will not work to cure these issues. At $22 trillion in debt, we are well past those solutions ever working. I do not believe there is a way out of this without major adverse things happening to everyone, everywhere. The spectrum of asset classes will be shifting and fiat assets will be dying. Why? Because the debt market is NOT an asset class.
For decades, we’ve had people like Alan Greenspan and Dave Ramsay, as well as a few Wall Street banks, all warning about issues in the debt market. We’ve been talking about this for years. Now, all our programs are linked to this debt which is in an unsustainable bubble.
Most people are not watching or looking at the future with smart eyes. People have forgotten, or just simply believe, that the environment we are in is somehow real and not an engineered debt economy.
It is not real. It’s all fake prosperity when it is supported with debt instruments.
It’s the same as if you receive a credit card with a $20 thousand limit on it and you were buying whatever you want, then all of a sudden the bill comes due. For some reason, many people think and believe the bill isn’t ever going to come due. However, when demand for payment happens, how is it going to unfold? I think, it will be very disruptive, affect social programs, and everything else across the board. Will we have austerity measures?
What will happen to the generations that have paid into social security as their savings? What will happen to them? Unfortunately, I think a lot of people are going to suffer as they will have all debt and no assets. It will affect the world.
We know that the markets run in cycles. This is not a secret, but this current boom is completely engineered. Most of it is central bank quantitative easing from the 2008 meltdown so that it is going to correct eventually to the right fair value. This will be playing out soon, and you will want to prepare now.
If you want to play it smart, you will benefit most by looking at this market from several different perspectives. You have to have a short-term and a long-term perspective on how things are going to go… and have plans for both scenarios. Your assets must be able to both liquidate when necessary, and have long- term growth, in order to battle inflation.
In the short term, you must pull yourself out of the debt economy. Start to pull in profits out of the short term and turn them into hard assets for the long term. Right now, this fake market is the gift that keeps on giving. It’s not real and won’t last forever. You will benefit by taking advantage of that. They are suppressing interest rates into oblivion. They will continue to do so until they can’t do it anymore. The market will achieve a fair value at some point.
Long-term suppressed assets are where you need to be. What will an asset’s fair value be when the debt economy implodes on itself? When credit gets tight again, what will fall and rise in price? What can you take advantage of now, because it is not at fair market value?
This is why I like silver and gold. Most people think the environment we live in is real and sustainable, but it is not. Something has to give, and eventually it is going to. When this happens, silver and gold will also return to unsuppressed levels.
All world central banks have gone through unprecedented efforts to keep interest rates suppressed. They have deliberately created an environment of risk. There is nowhere else to go. They have inflated the stock market bubble. The only thing that has kept this market going is the artificial suppression of interest rates by central banks. They have been doing this for an entire decade. Even Jamie Diamond, CEO of JP Morgan Chase, has warned there is a problem with QE unwinding. He means with the Fed “normalizing” their abnormal balance sheets. We don’t know when, but we know why!
Understanding these very basic dynamics long term means that if people can get themselves on the right side of this debt economy, they may still be able to save themselves. The central banks are still keeping the markets propped up, but for how much longer, we don’t know. However, this means there is time to put into place the things that will help you weather the storm.
If history is any guide, the last two times this happened, people did not fare well by participating in the debt economy. That means, get out of the debt economy now.
Get Out Of The Artificial Middle Class Now: We’ve watched the middle class be decimated for years now. People have to come to understand, that in a very short period of time, we will have to get used to a different way of life that people aren’t prepared for. Imagine if you had no access to credit again like in the 2008 crash. Learning to live within your means, forces you to look at options other than debt.
The Death Of The Middle Class And How To Prepare For It: According to Wealth Research Group, “By 2022, the United States’ middle class will be all but gone. 10% will be upper class and 90% will be lower class.” Many people don’t see how this can happen. Maybe, you don’t think it will happen to you. But these are the last three years to make whatever you can happen in your life.
You need to figure out how to build a financial fortress now. You want to invest the time creating, buying, and building real assets.
There will be no middle class in America by 2022. It just won’t exist. The United States’ middle class will evaporate, because it is artificially built around access to credit cards, loans, fiat currency, and other debt instruments.
Ask yourself:
· “What do I need to do to replace my depleting purchasing power?”
· “How can I get rid of my debt and start building assets?”
· “How can I improve my income now?”
· “Which States are going to boom, and which careers or industries can I be dependent upon, in the next ten years?”
For me, one of the most powerful things you can do to help yourself prosper in any economic condition is to learn how to run a profitable business. If you have a job, getting a side gig will help you create some extra income so you can both buy assets, and pay off debt earlier.
Become Smarter With Money
Understand that our current financial environment is not sustainable: Understand that our economy is rigged. It is being propped up by fake prosperity. Get a smart start now and begin to build real wealth and assets for yourself.
Allocate a percentage of your monthly income or portfolio to creating assets: Start acquiring and creating real assets now. If you can afford only one asset, silver would be my choice. It is a monetary metal, and an industrial and medical metal. It’s considered valuable by the whole world. It will hold its value and is easy to liquidate, when needed.
Learn to make, repair, build, or create things: Whether that is online or offline. The entrepreneur is back. The worker is being replaced by robotics, Artificial Intelligence (AI), and Apps. People who have skills that can’t be replaced easily by technology, will be able to leverage those talents with a business.
Stop using debt instruments now: Pay them off. You will benefit by removing yourself from the debt economy and shifting into the asset economy. There are plenty of great opportunities for you to shift into asset creation or purchasing. Make a plan now to create more wealth, instead of more debt.
Educate yourself: Learn how to get a smart start in business. Becoming a business owner will be an important way to sustain your income. However, being good at business provides you with opportunities, freedom, and mobility. I think online business is one of the most important business skills anyone can acquire. If you need to move, your business simply goes where you go. It is growing a digital asset and can provide returns in several forms of currency.
There are still ways to become wealthy. Your greatest opportunities are now! Be prepared to take advantage of the bursting debt bubble. Everything will be on sale, just like it was in 2008. You have an opportunity now… take it!
Vickie Helm is a bestselling author, business and asset strategist, and the CEO of Smart Group Firm. She has improved the success of more than a thousand companies and the lives of thousands of individuals throughout her career. You can learn more about Vickie at https://thesmartlifeclub.com or https://vickiehelm.com.
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