A HUGE WEALTH TRANSFER IS ABOUT TO TAKE PLACE - Are you ready?

in #steemit7 years ago (edited)

A HUGE WEALTH TRANSFER IS ABOUT TO TAKE PLACE - Are you ready?

collapseCOMING.jpg

After the 2008 financial crisis the economy was on the brink of collapse to prevent the collapse the banks were bailed and the governments around the world pumped their economies by printing more money; creating more debt

At the time of writing this post

The National debt of the UNITED KINGDOM
£ 1,767,958,155,687

Interest per Year
£45,693,447,674

Interest per Second
£1,449

Debt per Citizen
£26,480

the debt increases every second, every new born baby born in to this world as a UK citizen is born with £26,480 debt, it is clear that there is no way of paying this debt off, the economy is going to collapse and very soon!

A huge wealth transfer will take place when the economy collapses, the money we use now will become worthless. Cryptocurrencies may be the revolution we have been waiting for, decentralized Cryptocurrenies such as bitcoin could prove to be very valuable in the very near future. Gold and silver as well as commodities will also hold great value, so diversify your portfolio and get ready for the crash. Its coming.

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Correct!!!!, lets look to @svtechnik

Upvoted. The National Debt in the US is around $20 Trillion. No shot in hell that is getting paid back. "Quantitative Easing" AKA Money Printing is their only hope. Look at Venezuela...they have hyperinflation going. You need backpacks full of cash to buy everyday items. Who knows how long this Ponzi Scheme will continue...

yes the US debt is even greater, a collapse is imminent