Drowning in debt the jubilee is upon us – survivalist forum gas utility boston

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I don’t wish to turn this into a discussion on religion but to use introduce the Jubilee year concept as a historical event and for the purposes of this thread to discuss what a Jubilee would look like dressed in modern attire. Jubilee as described in the Bible was to happen every 50 years and to mark the event’s start, a ram’s horn or trumpet was blown to sound the call. Used as a noun the name Trump means trumpet. I believe the election of Trump has/is did sound a call.

There are natural forces at work (gravity) and whether you ascribe them to God or Gaia makes no differences for the purpose of this thread. Governments are a natural force that will tax, spend, and debase the currency and Jubilee is also a natural force to balance out or counter government’s natural leanings. Like a boat carrying too much cargo to save the boat (government) the load will need rebalancing or jettisoned.

Right now all the world’s governments are drowning in debt as well as a majority of its people. How we got here is not productive for this thread but to acknowledge that people who have or at least are told repeatedly that they have nothing to lose will become first desperate, angry, and then violent.

I’m not informed enough to know all the consequences of forgiving 3 or 4 trillion in loans to both categories but I suspect that the government taking on that much extra debt would not be beneficial to the bond market. And since this economy and the government as well runs on credit and debt this type and amount of debt would in my opinion sink the economy.

That is why I believe something else is afoot and why I believe a dollar reset is coming. In what way that reset occurs I don’t know. Roosevelt confiscated gold and reset the dollar; Nixon removed the dollar from gold and went to petro-dollars to reset the dollar. Those two events occurred roughly 42-45 years apart and we are roughly into that time frame now and they are cracks forming in the petro-dollar. I’m sure if you go back in time 42-45 years before 1933 to about 1890 you’ll find a dollar panic and probably the 1840s as well. My point is that it is not an unprecedented events but occurs regularly.

The one thing I do know is that governments are more concerned with their continued existence than with your welfare. I remember the gas lines of the 70s and the anger that built up. The big winner from that was commodities; gold, silver, and oil and the government chugged along increasing their reach and power.

In a way gold is the ultimate placeholder for money and crypto a near perfect form of currency and it has to be more transparent than the current way dollars are created. In a way gold would act as a break on unlimited creation of new units. To accomplish this all is needed is an agreement between several nations and these nations can buy or sell gold keep the price consistent.

Now think about this; who holds the most gold? The government does and revaluing upward 8 or 9 times means suddenly the government is flush in cash. How they (governments) go about doing this; in increments or all at once and the mechanisms used I don’t know. What I do know is that all the debts that all the governments have is not sustainable and something will be reset and I feel like student debt is just a front for the change.

So am I off base completely and wondering needlessly or is debt forgiveness in the form of a dollar reset a viable outcome and if it is what will it look like or how will it go down? And what are our options to thrive in the aftermath? By dollar reset I mean all currencies of the world.

I don’t wish to turn this into a discussion on religion but to use introduce the Jubilee year concept as a historical event and for the purposes of this thread to discuss what a Jubilee would look like dressed in modern attire. Jubilee as described in the Bible was to happen every 50 years and to mark the event’s start, a ram’s horn or trumpet was blown to sound the call. Used as a noun the name Trump means trumpet. I believe the election of Trump has/is did sound a call.

There are natural forces at work (gravity) and whether you ascribe them to God or Gaia makes no differences for the purpose of this thread. Governments are a natural force that will tax, spend, and debase the currency and Jubilee is also a natural force to balance out or counter government’s natural leanings. Like a boat carrying too much cargo to save the boat (government) the load will need rebalancing or jettisoned.

Right now all the world’s governments are drowning in debt as well as a majority of its people. How we got here is not productive for this thread but to acknowledge that people who have or at least are told repeatedly that they have nothing to lose will become first desperate, angry, and then violent.

I’m not informed enough to know all the consequences of forgiving 3 or 4 trillion in loans to both categories but I suspect that the government taking on that much extra debt would not be beneficial to the bond market. And since this economy and the government as well runs on credit and debt this type and amount of debt would in my opinion sink the economy.

That is why I believe something else is afoot and why I believe a dollar reset is coming. In what way that reset occurs I don’t know. Roosevelt confiscated gold and reset the dollar; Nixon removed the dollar from gold and went to petro-dollars to reset the dollar. Those two events occurred roughly 42-45 years apart and we are roughly into that time frame now and they are cracks forming in the petro-dollar. I’m sure if you go back in time 42-45 years before 1933 to about 1890 you’ll find a dollar panic and probably the 1840s as well. My point is that it is not an unprecedented events but occurs regularly.

The one thing I do know is that governments are more concerned with their continued existence than with your welfare. I remember the gas lines of the 70s and the anger that built up. The big winner from that was commodities; gold, silver, and oil and the government chugged along increasing their reach and power.

In a way gold is the ultimate placeholder for money and crypto a near perfect form of currency and it has to be more transparent than the current way dollars are created. In a way gold would act as a break on unlimited creation of new units. To accomplish this all is needed is an agreement between several nations and these nations can buy or sell gold keep the price consistent.

Now think about this; who holds the most gold? The government does and revaluing upward 8 or 9 times means suddenly the government is flush in cash. How they (governments) go about doing this; in increments or all at once and the mechanisms used I don’t know. What I do know is that all the debts that all the governments have is not sustainable and something will be reset and I feel like student debt is just a front for the change.

So am I off base completely and wondering needlessly or is debt forgiveness in the form of a dollar reset a viable outcome and if it is what will it look like or how will it go down? And what are our options to thrive in the aftermath? By dollar reset I mean all currencies of the world.