Sean Adl-Tabatabai – Experts are warning that the U.S. government is secretly planning to freeze all American bank withdrawals in the coming months due to the imminent collapse of the U.S. dollar.
The freezing of bank accounts already has a name: “bail-ins”:
U.S. may freeze bank withdrawals as currency fear rises, expert warns https://t.co/HeIqYBJIGK
— 𝕀ℕ 🌻 (@Ianbins) May 14, 2023
In the quest for financial relief, individuals stand at the crossroads of decision-making, pondering the route that best suits their journey. Among the myriad pathways, two distinct roads emerge: title loans and personal loans. This exploration ventures beyond the beaten path, weaving through the fabric of conventional financial advice to unveil the nuanced tapestry of borrowing. We’ll look at how title loans work vs personal loans.
At the heart of this financial labyrinth lies the mechanism of title loans, a less trodden path marked by its unique requisites and rewards. Title loans operate on the principle of collateral; specifically, they require the borrower to offer their vehicle as a pledge. This vehicle, akin to a trusted steed on a medieval quest, serves as the lender’s assurance, enabling the borrower to secure funds even when their credit history is as enigmatic as an ancient scroll. Continue reading
Charles Hugh Smith – Our convictions about money are quasi-religious: heretics are burned at the stake. I’m not sure which stake I’ll be tied to, because all the conventional choices–fiat currency, sound money (gold, Bitcoin) or debt-free currency (a.k.a. MMT)–are all fatally flawed.
To understand why, consider the wild cards in any monetary system: global trade and credit. Let’s start with credit, which as David Graeber explained in his book Debt: The First 5,000 Years, has been an integral component of monetary arrangements since the dawn of civilization. Continue reading
Greg Hunter – Biblical cycle timing expert, geopolitical and financial analyst Bo Polny predicted last year to “expect the US dollar to go lower and gold, silver and Bitcoin to trend higher, much higher in 2024.”
At the beginning of March, Polny stuck by his prediction, and we hit new record highs on Bitcoin and gold. Silver is now more than $28 an ounce and headed much higher. Also, Polny said, “This is why even at $60,000 (per unit), it is still a deal. Bitcoin is going six digits.” Continue reading
Charles Hugh Smith – Napoleon is reputed to have said, “Do you know what amazes me more than anything else? The impotence of force to organize anything.” This is the lament of someone holding the reins of power: that this earthly power has limits.
Two things amaze me:
1. The public’s complacent confidence in the permanence of the global financial system. Put another way, what amazes me is the scarcity of awareness of the financial system’s fragility and vulnerability to collapse, a fragility that has increased as a result of policy extremes enacted to maintain a façade of security and confidence. Continue reading