TradePlacer.com - Gold, Silver, Wine Trading

Login

Password

Forgot Password?
 
  Is U.S. Financial Judgment Day Coming Due This Fall?  
  Lorimer Wilson on 2017-07-17 14:05:49.0
 
 

In August of 2011 a secret plan was drawn up between the Fed and the Treasury which was meant to bedebt-ceiling kept secret for five years. The five years was up recently and the plan is now being partially revealed. It suggests that our government recognizes that a day of financial judgment is coming.

Basically, the plan is to selectively pay bond holders less than full redemption value if, and when, the Debt Ceiling is not renewed or not allowed to increase. The article says ?holders of U.S. debt and recipients of Social Security, veterans, and other entitlements would be paid first with everyone else getting delays in payments or merely partial payments?.

It now appears that our Treasury Secretary, Steve Mnuchin, can fund the government with various gimmicks until late September or early October, 2017. Various Republican congressmen will push the issue of not increasing this ceiling so that they can gain influence to push new gimmicks upon the American people (so an article in The Sunday Arizona Star titled ?Obama-era plan on standby for possible default? claims)…until the system collapses.

What all this reveals is that our elites in government recognize that a day of financial judgment is coming, and my sense is that this day of financial judgment could/might be this fall. I, personally, don't think that any further delay will be allowed…

The American people now recognize that debt, deficits, and gimmicks must cease. This awareness is now mostly everywhere thanks to the internet…[and] websites like http://www.usdebtclock.org. To comprehend the problem Americans merely need to study the numbers and ask themselves a few pointed questions.

  • Can this debt be repaid? How?
  • Can the debt be reduced to manageable levels? How?
  • Can this process of increasing debt be postponed indefinitely? How?
  • Is it now time to pay the piper and accept the realities that America must restructure its house of finance? Basically, is Judgment Day here?

Watch what emerges in the coming months and ask yourself if the DAY OF FINANCIAL JUDGMENT is here! I am.

The comments above are edited ([ ]) and abridged (?) excerpts from the original article by Donald Swenson

Scroll to very bottom of page & add your comments on this article. We want to share what you have to say!

Thanks for reading! If you want more articles like the one above visit our Facebook page (here) and "Like" any article so you can get future articles automatically delivered to your feed. You can also "Follow the munKNEE" on Twitter or register to receive our FREE tri-weekly newsletter (see sample here , sign up in top right hand corner).

Remember: munKNEE should be in everybody's inbox and MONEY in everybody's wallet!

The post Is U.S. Financial Judgment Day Coming Due This Fall? appeared first on munKNEE dot.com.

 
 
Market Categories Search Symbol Trade Register Other Links FAQ Blog Editorials Charts Contact Us Terms Bookmark and Share Site Meter