How dare the boomers get rich on the asset inflation bubble that the Fed created! T.H.E.Y. created it for themselves. T.H.E.Y. are pissed about it, and have made plans to take it ALL back.
Those boomers who had bought property, paid off their houses, or bought some stock when it was cheap… these boomers believe that are all set for retirement. At minimum, they can reverse mortgage their house. Sell their valuable collections.
But, all of this money was made via the greatest theft of money (creating unbacked fiat currency and printing), and those banksters did not mean to share. Now, comes "The Greatest Wealth Transfer or our Lives", where everything the boomers have gets turned into capital for the ruling class, or becomes worthless.
Woe unto yee boomers who didn't get any assets. Yee are doubly screwed. You will have everything taken from you, twice.
Those commemorative plates, that fine china that has almost never been used.
Model trains and beanie babies have no resale market.
All that furniture that boomers paid so much for after the war, because it looked like antiques, but was simply covered particle board.
There is no one who wants all the collectibles the boomers think are valuable. And, even if someone wanted it, the Zoomers have no money to buy it. They don't even have $500 for an emergency.
When the boomers finally start selling their properties, dumping 25% of the houses, onto the market, they will find no buyers. Gen A has given up on ever having a house. And Gen Z is completely tapped out. It won't be until the Boomers cut their sales prices 50% that they will see any sellers show up. And, once they do that, the market falls the rest of the way.
Black Rock intends to buy up all the boomer's houses for pennies on the dollar. And then rent them… forever. "you vill own nutsing, and you vill be happy"
If you listen to Catherine Austin Fitts the retirement accounts were cleaned out a decade ago.
The stock market isn't going up because more people are putting money into it, it is only going up because of money printing. When T.H.E.Y. turn off the money printer, the stock market goes FOOP, (the sound of an implosion.)
People's retirement accounts will be worthless. And, the stocks in question, will be owned by Cede and Company. Because, you don't own any stock, you own a promise on a promise on a deal to get you a stock at a certain price, or you (worthless) money back. Cede owns it all. You will be told you own nothing.
Then, after that, any money you have left will be devalued as T.H.E.Y. start a new financial instrument.
There is not enough medical care for all the boomers.
There is not enough care facilities for all the boomers.
Everywhere i look, facilities are running at capacity with months long waiting lists.
So, even if boomers somehow keep their retirement funds, or are willing to sign over their house for end of life care, there just isn't enough.
You can thank Obomba- unCare. It drove a lot of medical professionals out of the field. So many doctors just gave up and retired. Many people decided not to become doctors or nurses because of how bad the institutions are now.
Even with huge financial incentives, there isn't enough staff to open more care facilities.
Unless there is a huge die off, of old people (anyone remember what was done during the Covaids "epidemic"?) a lot of people are going to be left out.
Did you notice that Canada is bringing out death pods?
Things are not going to go as T.H.E.Y. plan. However it is going to be a huge change.
New ways to take care of the elderly will be found.
For the banksters, their plans are going to end in the destruction of banks. They are going to do their last heist, the one that puts them permanently in charge, but what they get instead, is the game of Monopoly® put back into the box. Everything T.H.E.Y. did, erased. And a new game is started. Well, after many banksters throw themselves out of windows, or adorn streetlamps.
I strongly suggest buying food
After food, silver.
After you got a small pile of silver, cryptos.
