#FamilyIsEverything. APL = 6.32/10 *Authorized conspiracy theorist *Not an authorized preacher.
#TheGreatDefault has begun.
Q, patriot, holistic healer for humans and dogs. Certified in dogs. I'll speak my mind no matter what. Be nice or get lost.
Have no idea what that means
Denver Digital Soldier, Believe in the Promise of Q. Twitter Refugee, Independent Thinker & Anon. Patriot. Family is Everything.
Bond payments on sovereign debt. Example, China is the largest holder of US Treasuries, estimated at over a trillion USD. If and when the US defaults on that debt- why would we pay interest in money to a hostile govt engaged in war with the world?
Default on all interest AND Principal and walk let them try to collect😄
Suddenly US is not broke anymore.
Many pension funds in the US and Canada are heavily invested in China. What happens to these pensions?
Denver Digital Soldier, Believe in the Promise of Q. Twitter Refugee, Independent Thinker & Anon. Patriot. Family is Everything.
Unsure. I would recommend seliing any stocks or equity funds- within your accounts -and move the proceeds to an insured money market fund. All money stays in 401k or IRA account, but is not invested in “the market”.
Cash, Gold or Silver and Real Estate is all I would own rught now. IMO.
Some big government union pensions and the Canada Pension Plan are heavily invested in China. The people have no say on where the pension managers invest their money.
Denver Digital Soldier, Believe in the Promise of Q. Twitter Refugee, Independent Thinker & Anon. Patriot. Family is Everything.
Then pray foe the best. The other issue Canada has is they have no gold reserves. Zero.
They really the only “developed” country that doesnt.
Too focused on Hocky maybe?😄
I know. We're kind of like the Ukraine - every resource possible gifted to us and our politicians have sold it all away for a few shiny coins for themselves. We are definitely 'fooked' and the worst thing is that so many Canadians are clueless to what is coming. There is a reason Trudeau implemented the Emergency Measures Act and froze bank accounts. When the CPP collapses and Canadians riot, he will use Chinese-style thuggery to put a clamp on it.
