Mene, Mene, Tekel, Upharsin
From Wikipedia…“In the book of Daniel,[1] Belshazzar of Babylon during a drunken feast takes sacred golden and silver vessels, which had been removed from Solomon's Temple in Jerusalem by his predecessor Nebuchadnezzar. Using these holy items, Belshazzar and his court praise 'the gods of gold and silver, brass, iron, wood, and stone' ” in a degrading manner.
Suddenly, words written by a mysterious hand appear on the wall of Belshazzar's palace and they were "Mene, Mene, Tekel, Upharsin".
These are Aramaic names and measures of currency that only Daniel could
interpret and provide their meaning which essentially was…
- The days of your kingdom are numbered and brought to an end
- You have been weighed on the scales and found wanting
The empire ended that very night.
Signs and Symptoms
One does not have to be Daniel to interpret the current economic signs and symptoms of distress. One does not have to be an accountant or economist to know when things do not add up.
For example, if your financial boat has only $1.5 trillion in income but $3 trillion in expenses, you are sunk. Rearranging the deck chairs, bailing and pumping, hoping and praying for a miracle rescue are not viable options. The math is simply not there and this boat will not float.
For example, if your financial boat has only $1.5 trillion in income but $3 trillion in expenses, you are sunk. Rearranging the deck chairs, bailing and pumping, hoping and praying for a miracle rescue are not viable options. The math is simply not there and this boat will not float.
These are precisely the current economic conditions we find ourselves in today. Do not be fooled. This total financial picture is not one of survival, success or solutions but a clear act of desperate drowning in the frigid waters of financial folly.
Empire of Debt Ends
Clearly, living within our means is a tried and true concept everyone needs to import and adopt. Simple logic, third grade math and an empty piggy bank would clarify the problem for most people. However, our representatives in charge of this task simply don’t understand basic accounting principles. This math is quite simple and knows no political affiliation.
It can be said that unless this financial ship changes course radically and immediately on debt issues, the weight of the evidence suggests severe economic problems are coming. The signs and symptoms of this distress are already clear.
A point will come in time where the well of wealth runs dry, accounting shenanigans end and sources of new income are exhausted. At that very moment in time, economic bankruptcy will begin, reality occurs and the debt creation will cease.
A point will come in time where the well of wealth runs dry, accounting shenanigans end and sources of new income are exhausted. At that very moment in time, economic bankruptcy will begin, reality occurs and the debt creation will cease.
On a dark night hence, the empire of debt will most definitely end.
The Handwriting on the Wall
"Today we see constitutional
freedoms being eroded, fiscal sanity forgotten and common sense ignored. Let us
return to the freedoms the constitution guaranteed us, the history of gold
which financially guide us and the genius of common sense". ~TG
Again, the primary purpose for buying gold or silver is for preservation, protection and profit as well as survival from the destruction of paper money. It’s just that simple.
My research suggests a reality check, resolution and financial redemption could begin at any time, most likely in 2022 and forward for several years. A convergence of unknown variables in the interim, adoption of unique monetary policies and black swan events, could alter that forecast.
The hour is now late and the financial handwriting is on the wall.
Invest wisely.
Trader Garrett
(Updated Nov 2021)
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