NC Renegades

The United States has been going bankrupt gradually since the Johnson administration. There is no need to discuss this further: people either know how much the country is in debt or they are unwilling to hear the truth.

The Hemingway quote above brings us to our current state: bankruptcy suddenly. The petrodollar is being replaced by the petroyuan/petroruble backed by commodities that have value, not the full faith and credit of a Deep State failed empire. As outlined in a previous article (A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status), the second option of going bankrupt suddenly is now here.

What does that mean? The United States fiat currency will quickly be devalued. Since our government wants this scenario to happen t0 initiate a great reset, I want to concentrate on what this means for regular people.

1. Bank deposits

Worst case would be a bank holiday where all access to your money is restricted. Since the “government” has declared your deposits to be the property of the bank; this means a portion or all of your money can be used to settle bank debts. My best guess is that a portion of your deposits will be confiscated and the remainder converted into a new digital currency regulated by the government.

Options: Get your money out of the bank now. Buy goods that are barterable and and tools that will allow you to barter services in the future. Keep in mind that food, gas, antibiotics/medical supplies and dry goods will be at a premium so bartering should be a last resort in the short term. In other words, buy these commodities now so you will not have to barter for them later.

Consider the price of eggs now and the price of eggs when the dollar collapses: what would you sell your eggs for when the dollar collapses and the supply chain is very limited (or non-existent).

2. Stock market

The “experts” have a wide range of views of how low the stock markets will drop. What they all agree on is that the market will drop. My best guess is at least 50% to start. Once panic sets in and people need cash to cover their mortgage, debt and food, it will becomes a buyers’ market. If you want a good example, look at the housing industry in 2022. Extrapolate that to everything because no sector will be spared.

3. Retirement accounts

Confiscated.

4. Social Security, Medicare and Social Engineering programs

I believe in the short term, these programs will not be impacted. However the money received will be devalued so expect a 25-50% inflation rate.

5. Civil Unrest

What will happen when people’s wealth, retirement and employment are “suddenly” gone? No money for food, rent/mortgage or heat. We already live in a two-tiered justice system: will we revert to the Wild West for vigilante justice?

As for WWIII, the United States is begging for a nuclear war to cover up or mitigate the sudden bankruptcy of the country (along with its other sins). The point of this article is simple: suddenly is very close and suddenly means it will happen in a matter of hours or overnight while you are sleeping.

The Bible has many suggestions on how to live and prepare for bad times and famine:

Warnings Against Folly – Proverbs 6 

⁶ Go to the ant, you sluggard;
    consider its ways and be wise!
⁷ It has no commander,
    no overseer or ruler,
⁸ yet it stores its provisions in summer
    and gathers its food at harvest.

⁹ How long will you lie there, you sluggard?
    When will you get up from your sleep?
¹⁰ A little sleep, a little slumber,
    a little folding of the hands to rest—
¹¹ and poverty will come on you like a thief
    and scarcity like an armed man.

¹² A troublemaker and a villain,
    who goes about with a corrupt mouth,
¹³     who winks maliciously with his eye,
    signals with his feet
    and motions with his fingers,
¹⁴     who plots evil with deceit in his heart—
    he always stirs up conflict.
¹⁵ Therefore disaster will overtake him in an instant;
    he will suddenly be destroyed—without remedy.

Use this time wisely and pray to the Lord for mercy for the actions of our evil leaders.

David DeGerolamo

By Brandon Smith

The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve – In other words, the dollar is backed by…the dollar; it’s a very circular and naive position.

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn’t the dollar system their “golden goose”?

The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?

More…

Firing Squad

And, we’re gonna be happy

Where individual rights exist, tyranny cannot.

My political understanding is this: governments are insatiable consumers of an individual’s assets, whatever those might be. They want it all and most people in government feel that they’re entitled to everything a person has. In their minds, you would have nothing if they had not educated you, given you a place to open your business, or a place to work. They provided you with streets, water and power. They attracted customers so you would have a business or a job. They were the ones who provided police and courts so that you could operate your business or get to work and back without getting robbed and/or murdered. They provided fire departments and hospitals. They’re in charge and you’re just some hapless victim at their mercy and anything they want to do to you, you should accept with grace.

This is why governments must be kept constantly at bay and the only thing that has ever kept them at bay are individual rights, natural law, respect for the individual over the majority. Where they are not kept under strict guidelines and dealt with severely when they step out of line, they will victimize the population.

This understanding has guided me through the past several decades and has dictated how I dealt with them. It’s why I take every ticket to court. It’s why I challenge the property tax rates I pay. It’s why I go to the courthouse and try to push things like the autonomous county project, because as much as possible, we have to push back against one form of government or another, using them to go after each other whenever possible.

Though I have kept all of this in mind from the earliest times, it does no good if there’s a bunch of suckers out there willing to forfeit their leverage in order to seem like a good person or to get some city or county contract. “To seem like a good person,” is the worst sort of evil and unleashes hell. It’s led to our current infection of the woke. It’s costly, too; it’s the motivation behind the Green New Deal, practiced by those too politically illiterate to recognize brash, arrogant communism when they see it.

Read the Whole Article Here…