The lifeblood of this warped economy is credit. Without trillions of government, mortgage and consumer debt being constantly created, this house of cards implodes. I’m sure this is just a blip. Nothing to worry about. This is fine.
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It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
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Looks sort of like a chart of labor pains, doesn’t it?
What, I wonder, could be next?
The “birth” of Fedcoin?
And trillions more “dollars” created with no labour.
Come on, Bob. It takes a little effort for someone to type in the commands for the creation of a Trillion or two.
Well, the GOV takes in more than 1 billion a month just in alcohol revenue. We’ll be fine?
Tell me we’ll be fine Bob. I need to hear it.
Sure it’ll all be fine. Also the gangsters behind the covid catastrophe will go to jail, the 2020 election will be overturned, and Natalie Portman will show up at my door to blow me.
I’m here Bob.
He earned it. Thanks, Bob!
“COME ON MAN! I’m definitely Building Back Better. I mean, this is the largest implosion of lending in US history.
The largest man! I’m number 1 at imploding credit. MAGA Republicans never imploded credit, those chumps. My implosion will be inclusive and led by my cabinet entirely composed of people of color and faggots. Where’s my ice cream?”
Big banks “Dark Pool” trading accounts. Shocked, I say just shocking! LOL LOL.
https://wallstreetonparade.com/
I notice a lot of cars breaking down around here and people cannot afford a new one.repos through the roof also.
Brace Yourselves For An Economic Avalanche, Because A Major Credit Crunch Has Already Begun
This is moving even faster than a lot of us thought that it would. For weeks, I have been warning my readers about the coming credit crunch. When banks get into trouble, they start getting really tight with their money.
That means fewer mortgages, fewer commercial real estate loans, fewer auto loans, and fewer credit cards being issued. But I thought that it would take some time for the credit crunch to fully kick into high gear. Unfortunately, I was wrong about that. In fact, it is being reported that during the last two weeks of March bank lending in the United States “contracted by the most on record”…
In other words, we have never seen bank lending shrink faster than it did during the second half of March…
In all the years that I have been writing, I have never seen anything like this.
So I am encouraging all of my readers to brace themselves for a massive economic avalanche.
https://www.shtfplan.com/headline-news/brace-yourselves-for-an-economic-avalanche-because-a-major-credit-crunch-has-already-begun
Next stop, debt-deflationary depression.
“I’ll gladly pay you Tuesday for a hamburger today.”
-J. Wellington Wimpy