Unfortunately, I agree with you. We are at a scary time in our history, globally. It's not a shock that the rich look to their survival, when to large degree they are the ones that have set themselves up to most benefit from the demise of the middle class. In times of calamity, who ever has the cash is able to buy other people's assets when they are most desperate and most fragile. When the inevitable recovery happens, they unload the assets for obscene multiples to someone else who ends up wishing they didn't buy the asset...
You are viewing a single comment's thread from:
The boom and bust cycle is artificially engineered to enable the bankster cartel and its chosen minions to fleece the population and periodically centralize wealth and power. What is coming however looks less like a bust of the economic cycle than a knock-down drag out fight for human dignity in the face of absolute corruption. The billionaires aren't worried about a turn down in an economic cycle that they can use to accumulate more wealth, but surviving the populace waking up to the fact it has been being screwed, with malicious forethought, by bad actors for their entire lives. The question I didn't pose in my post above was how far will the "elites" go to stop the "normies" from guillotining them all? Nuclear war, viral pandemic, EMP "reset", engineered famine? Any of those are easily possible with current technologies. That, I think, is what the billionaires boys are gearing up to survive, hoping they can sit it out on the far ends of the earth until the dust settles. If that is the case, there may not be anything worth buying afterwards.
I hadn't thought about this like you just wrote. It seems completely plausible that they are looking not to take advantage of an extreme economic credit cycle, but to actually survive...