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Are We In A Recession?
When Bailouts Continue
It looks like bank bailouts are here. Who will pay for their mistakes? We pay for bank bailouts. Anytime you hear the word “Bailout”, it means you and I are the ones saving the ones going under. Bank bailouts are done without our permission.
Before I begin, I am not an economist but a regular a citizen living in a world where we have an economy. I have to make a living like any normal person around me. These are my opinions and solutions that I am offering. In whatever way we can, be it experience, knowledge or skills, we can share our bit. You can take what resonates and leave what does not.
Normalizing bad financial behaviour is adding more debt and stress in our lives. Bank bailouts are hiding an obvious recession while ushering the world into a major depression, yet again.
What Is A Solution?
The Solution Is Not Just Black And White
Everyone has a different situation financially. Many have families with financial obligations. However, to what extent are we going to put ourselves in high debt when the system we are trusting is already shaking?
Assets vs. Fool’s Gold
SVB Bank
SVB bank in Silicon Valley recently shut down. A bank that is falling apart is getting bailed out. When we do business they will come after us like we are a thief in the night if we make one late payment on our loan.
The double standard between corporations and us the people is one big reason why the world is in a financial mess. When banks fail we are passively forced to accept it and go on about our lives as if nothing happened. They refuse to take accountability for their actions.
Stock Market Crash 1929
In the aliens are here, for the love of money and the Roaring 20’s are back, you can see how the banking system is ruining our lives. There is no law against giving free money to banks that are falling to the wayside. If any other small business went under, no one would save them. Yet when the most “powerful” system is falling apart, everyone is stuck to pick them up which keeps us locked in chains and never to be set free. They do this in the form of making us pay taxes to make up for the deficits that the governments create when they pay out these bailouts.
Future generations will suffer because banks lack accountability. Take a look at how adults are suffering financially today and multiply that stress by at least a thousand fold. This is what children will pay for in their lifetime if bank bailouts continue like it is no big deal. The financial system is repeating a 1929 stock market crash on purpose.
Universal Law
If you are never wrong and no one around you is ever wrong, do you think the banks will admit they are wrong? No, because we are taught that you can do wrong without consequences. The law is not protecting the people, but an openly corrupt system. This is why laws on Earth are unfair as they do not represent true justice.
The justice in our lives is selective, which is not real law. Real law is universal law that applies to all beings without personal association, skin colour, race, gender and affiliations to groups, corporations and organizations. It is JUST ICE! There are no ifs, ands or buts about it. The truth has no association, it stands on its own.
The only sign in the zodiac not represented by an animal is the scales. The scales are a symbol used in law because it comes with facts to balance out what is right and wrong. It weighs out both sides before coming to a verdict.
Like those of us unaccountable for our financial mistakes, the banks are also behaving in the same way, but on a larger scale.
Economic Collapse
There is no heat put on them for the money they have taken from under us. What should have been sorted out and dealt with back in 2008 in the economy is still not balancing out today. This is not a promising sign for future generations.
What is the Future For Children?
Every Child Matters
Children coming into this world are left with trillions of dollars in debt to pay off. How does every child matter in this instance? I mention in National Truth And Reconciliation how to transmute pain into power, but the banks keep bringing pain and suffering back. They want people paying for their lives, struggling in life to make a decent living. Otherwise this would not happen.
The financial system is making everyone in the future poor and left with nothing. This is abusing the wealth of the future and stopping them from progressing in life.
Do you know what happened when the stock market crashed in 1929? Shortly after, two of the worst conflicts began. The first one rhymes with the word “Supression” and the second worst conflict which had a one and two rhymes with “Thor”. You can figure out the rest.
Bank Bailouts
Bank bailouts should not happen in the first place. Every bank needs to be responsible for their own mistakes and correct them instead of dumping bailouts on the public to pay them off. North Americans are in a recession. Stop waiting for the news to announce it like they are God. They do not even believe he exists.
We are watching banks falling apart, kicking the can down the road as was done during the 2009 bank bailouts. This was shown once already after an almost set economic collapse back in 2008.
The future for children is not going to be a bright one if we cannot be honest about what is going on today. Just because our world does not look as dystopian as the movies show, it does not mean they are not heading people in that direction. The only way to change it is to first acknowledge that it is happening.
Do you want to see your children’s future look like a dumpster? If not, you too will have a problem with bank bailouts and their lack of accountability.
There is news about people taking out their money before the SVC bank announced shutting down. This means that they protected their own before telling customers. It is clear how the system segregates itself from accepting failure by helping themselves while not caring what happens to those who trust them with their money.
Summary – What Is The Best Solution During These Times?
Build Your Assets
This is a personal situation for each individual. What works for me is not everyone’s cup of tea. I KISS my way through life. It is because when you KISS, the world kisses back at you.
The K.I.S.S. Method
K.I.S.S. stands for keep it simple stupid. No offence, it is just a saying.
I think of my ancestors and how they lived and what they went through. It was difficult for them to survive and thrive in tough times. We did not experience the hardships they had, but we also did not grow up with practical hands on skills.
In their time, the economy was bad but their debts were not as high as the debts we are dealing with today. The debt ceiling is much higher today than in their time. This means our situation can be worse because we have more to pay back than what they did.
Better to keep it simple so that you remain level headed while the banks own up to their mistakes. As we balance our economic books they will be forced to balance theirs.
March 13, 2023
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