Economic Armageddan | Economic Armageddon
The Economic Armageddon simplifies the reality on the Fiat currency system in the US is called :The Federal Reserve” and in Canada “The Central Bank of Canada”.
The fiat currency is backed by the IOU of taxes that the government promises to get from it’s citizens.
What will happen when the US government is not longer able to collect enough taxes to pay the interest on the debt?
What will happen when the US dollar AKA The Federal Reserve note collapses? Will there be Economic Armageddon?
How will the collapse of the World’s Reserve Currency (US Federal Reserve Note) effect the global economic financial system?
Many have speculations on what will happen when the Economic Armageddon occurs. Thinking about how Economic Armageddon will play out does get the mind creating all kinds of scenarios. The situation we are now in has never happened before and in the modern world when most money is simply a line item on accounting sheet and cash is rarely used in exchange for goods and services those who are a able to adapt quickly will prosper.
I had a conversation with a visitor from Ireland who shared with me the craziness of their real-estate bubble in 2006 and 2007. The seller of homes and properties there with the help of banks where willing to give zero down loans to doctors and other professionals who they deemed as worthy of receiving that kind of credit. There were plenty of people who signed up for this arrangement because they thought this was a good option. Those people are now stuck with the debt and a property that has less value to resell it. They have already experienced the Economic Armageddon.
Credit is money that is created when an individual spends it and does not exist until it is spent. With the education I am receiving from being an active member of The Elevation Group I am preparing for the scenarios of the Economic Armageddon. Because I know that history repeats itself with a new twist.
Remaining fearful because you do not understand the financial system will keep you stuck there and unprepared for what is happening sooner rather than later. Sign up to become a member of The Elevation Group and move forward with empowering information that will allow you to prepare the Economic Armageddon.





Follow Me Here Too