[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval,

China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap

Russia Moves to Nationalize Country's Third Largest Gold Mining Firm

Britain must prepare for civil war | David Betz

The New MAGA Turf War Over National Intelligence

Happy fourth of july

The Empire Has Accidentally Caused The Rebirth Of Real Counterculture In The West

Workers install 'Alligator Alcatraz' sign for Florida immigration detention center

The Biggest Financial Collapse in China’s History Is Here, More Terrifying Than Evergrande!

Lightning

Cash Jordan NYC Courthouse EMPTIED... ICE Deports 'Entire Building

Trump Sparks Domestic Labor Renaissance: Native-Born Workers Surge To Record High As Foreign-Born Plunge

Mister Roberts (1965)

WE BROKE HIM!! [Early weekend BS/nonsense thread]

I'm going to send DOGE after Elon." -Trump

This is the America I grew up in. We need to bring it back

MD State Employee may get Arrested by Sheriff for reporting an Illegal Alien to ICE

RFK Jr: DTaP vaccine was found to have link to Autism

FBI Agents found that the Chinese manufactured fake driver’s licenses and shipped them to the U.S. to help Biden...

Love & Real Estate: China’s new romance scam

Huge Democrat shift against Israel stuns CNN

McCarthy Was Right. They Lied About Everything.

How Romans Built Domes

My 7 day suspension on X was lifted today.

They Just Revealed EVERYTHING... [Project 2029]

Trump ACCUSED Of MASS EXECUTING Illegals By DUMPING Them In The Ocean

The Siege (1998)

Trump Admin To BAN Pride Rainbow Crosswalks, DoT Orders ALL Distractions REMOVED

Elon Musk Backing Thomas Massie Against Trump-AIPAC Challenger

Skateboarding Dog


Business/Finance
See other Business/Finance Articles

Title: YOUR STATE Could Go Belly Up, Sooner Than You Think
Source: [None]
URL Source: [None]
Published: Aug 18, 2016
Author: Mike Larson
Post Date: 2016-08-18 21:11:23 by BTP Holdings
Keywords: None
Views: 588
Comments: 5

In the last market crash, we had to worry about banks and brokers failing. But today, many STATES are in no condition to handle a recession and credit market collapse, S&P Global Ratings reports.

An alarming number of states have meager budget reserves and could not survive the first year of an economic slowdown.

This means YOUR state could go belly up at the first signs of the coming crash.

Millions who rely on state pensions might not get a check and take to the streets.

State and municipal bonds would plunge in value.

And public assets like courthouses, symphony halls, and even police and firefighter headquarters, could be sold off to the highest bidder in a last-ditch attempt to survive.

It’s not a pretty picture.

In fact, I’ve recorded a special briefing that explains this alarming situation in greater detail ...

You’ll see why one of the most important indicators I trust — the “T” Code — is virtually SCREAMING that a major financial crash is coming.

Few investors will come out of this with their wealth intact. Even fewer will USE this crisis to create enormous wealth.

My hope is that you are one of them.

CLICK THIS LINK NOW to watch this urgent investor briefing before it goes offline.

www.moneyandmarkets.com/reports/AWT/min/event/0816/?utm_source=MARK&ec=7151129&ccode=081820167151129AWT&sc=AWTF

Regards,

Mike Larson

Senior Analyst, Weiss Research


Poster Comment:

The main problem is that WE ARE ALL BANKRUPT. And we owe so much on the national debt that it can NEVER BE REPAID. Debt repudiation is the answer.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: BTP Holdings (#0)

Exactly correct. It is the only answer.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-08-18   21:53:12 ET  Reply   Trace   Private Reply  


#2. To: BTP Holdings (#0)

And public assets like courthouses, symphony halls, and even police and firefighter headquarters, could be sold off to the highest bidder in a last-ditch attempt to survive.

Unless and until the USA has an economic collapse, that will not happen because the states can and will raise the money to stay afloat by raising taxes, new taxes, and greater enforcement and increasing penalties for traffic and other violations.

DWornock  posted on  2016-08-18   22:35:40 ET  Reply   Trace   Private Reply  


#3. To: DWornock (#2)

by raising taxes, new taxes, and greater enforcement and increasing penalties for traffic and other violations.

When you apply for a privilege, such as a driver license, you agree to abide by their rules and regulations. If you fail to do so you are subject to fines and other penalties. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-08-19   7:02:25 ET  Reply   Trace   Private Reply  


#4. To: BTP Holdings (#3)

When you apply for a privilege, such as a driver license, you agree to abide by their rules and regulations. If you fail to do so you are subject to fines and other penalties. ;)

I don't recall agreeing to their rules and regulations. However, I know that if I don't, they will take my money.

DWornock  posted on  2016-08-20   6:07:03 ET  Reply   Trace   Private Reply  


#5. To: DWornock (#4)

I don't recall agreeing to their rules and regulations. However, I know that if I don't, they will take my money.

Not recalling this is cognitive dissonance. And you bet if you get pulled over for speeding, when the cop asks for your driver license and insurance card, he now has the three things he needs to write you a ticket. These are person, place and thing. Then you are toast and you had better got out your wallet to pay thru the nose. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-08-20   8:12:22 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]