For those not on Xitter, the article leads to a Google doc that explains potential financial/economic risks that may emerge in January 2025 when the takeover starts.
Key points
We assess that the Presidency has been captured by Vladimir Putin. Until we see proof otherwise, assume that Elon Musk, Donald Trump, and JD Vance are proxies for Putin, Xi, and their allies.
Russia’s strategic goal is to dismantle the United States. They will pursue this primarily through trying to destroy the dollar and by “ending” the Federal Reserve. In addition, they have been backing secessionist movements in multiple states and may try to capture Alaska
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Republicans are now promoting Bitcoin, and the creation of a “U.S. Strategic Bitcoin Reserve,” which is intended to set off a vicious cycle that will spike the price of Bitcoin while undermining the dollar. This will prove ruinous
Christian Nationalists also believe the dollar and the Fed must be destroyed. Elon Musk has indicated he would bring Ron Paul into his government efficiency effort. Ron Paul and Gary North created the “North/Paul” strategy decades ago with the express intent of crashing the US economy, killing the dollar, and replacing it with gold-backed money. This plan is also compatible with crypto and BRICS based schemes. Rep. Thomas Massie (R-KY) also introduced the Federal Reserve Board Abolition Act in May 2024 to “End the Fed.”
IMMEDIATE FINANCIAL RISKS
There are indications that a 2025 budget will simply not be passed. The “secret” between Trump and Johnson may be that Johnson simply will not present a budget bill for floor vote. If that happens, the US federal government will shut down until such time as some resolution is reached.
Musk and Johnson may propose massive cuts to the budget. Musk has been talking about imposing $2 Trillion in cuts to the ~$6 Trillion budget. Only 26% of the budget (about $1.6 Trillion) is discretionary spending. So Musk is talking about eliminating over 100% of the discretionary budget — all of it, and then some.
The risk of US debt default will be used as leverage to extract draconian cuts. If no budget is passed and/or the debt ceiling is not increased, the US may default on its debt, which would trigger a ~$15 Trillion global economic meltdown. Even flirting with default may trigger a downgrade of US creditworthiness, increasing interest costs and accelerating a crisis.
JANUARY 2025 TIMELINE
The most dangerous period will be the first six months of 2025, which is when the budget and debt ceiling issues must be addressed.
In the event that no resolution is reached, default will likely occur around May 2025, triggering a global asset meltdown.
DEFENSIVE MEASURES
1. Diversify holdings. FDIC only covers $250,000 per bank account.
2. Do not invest in bitcoin or similar scams
3. Stay on top of the proposals and flood elected officials immediately if they even think of engaging in these activities. Try to peel off the old conservatives from the saboteurs.
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