Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset

by Mrblue2015 Thu Mar 26, 2020 9:57 pm

https://news.bitcoin.com/coronavirus-disney-justify-financial-reset/

Some friends and I are wondering if this is what could happen as a result of this ‘killer’ (hmm...) virus.

No doubt this virus is worse than previous, and we’re not suggesting the pandemic was made up or exaggerated in order to reset world debt...

BUT the pandemic could be used as leverage to wipe out world debt as the virus could be a very feasible scapegoat... And being a scapegoat, it would save a lot of red faced leaders from having to simply admit the world is bankrupt!

(I.e. the heads of state would be red faced if they had to AT LAST admit “we are in fact all bankrupt and it’s only printing money that has kept us going in recent years” - which is insane and mathematically unsustainable...!)

And hence why the pandemic could be a perfect scapegoat that people will believe as they value life and not dying more importantly...

It also explains why the US is spending trillions - I mean how the hell is that possible on top of the existing trillions of debt!!! I’ll tell you why it’s possible - because they’ll wipe it all out when this is over...

We (friends an I and others who believe this is a possibility) could be completely wrong of course. But even if the virus never happened, the world economy is already screwed and has been for god knows how long. As recent senior commentators have pointed out (for example David Buick who appears daily on LBC mentioned this back in January before the virus) the biggest threat to the world economy is DEBT and so some how it needs to be dealt with but the reality is that it CANNOT be dealt with unless we have a clean slate and have new rules so it doesn’t get like that in the future.

Anyway we’ll see.

by itheman Thu Mar 26, 2020 10:25 pm

i do hope this is right Mr blue but i fear it will come at a price.

i did hear recently several top CEO have resigned, such as Bill gates, forget who else.

The backlash will see countless SMEs fail and the huge companies will have a field day consolidating with more merges and acquisitions buying back stock at a fraction of the value

by Mrblue2015 Fri Mar 27, 2020 6:38 am

Yes as per the article, it will come at a price and you can be sure Joe Public will not benefit one iota.

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Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset

Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset

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