The Dollar Is Going To Zero...

Skyrocketing Debt, A Looming Stock Crash and FDIC May Not Be As Safe As You Think...

(5/6/2024)

💰 Musk has convinced Tesla to purchase gold and Bitcoin as a hedge against inflation, highlighting the potential impact of alternative assets on the traditional financial system.
💰 Elon Musk warns that the US dollar will soon be worth nothing as stealth money printing pushes asset prices higher.
💸 US debt has recently hit 34 trillion thanks to the covid pandemic lockdowns and huge stimulus.
📉 Musk warns of a potential repeat of the 1929 stock crash and subsequent depression due to current economic conditions.
🚨 Elon Musk warns about the future of the US dollar and the potential rise of cryptocurrency and gold.

(5/6/2024)

💰 The recent policy change at the FDIC reflects the signs of the times, indicating potential financial instability.
🏦 The big banks went before Congress and were freaking out, showing how weak the entire system is, and the inability of the FDIC to be able to ensure depositors.
💰 The FDIC's new limit on trust accounts could have a significant impact on tax planning and asset protection for baby boomers and their heirs.
🏦 The FDIC is making changes to help consumers and bankers understand deposit insurance rules and to quickly determine insured accounts after a bank failure.
💰 The FDIC's recent bank seizure revealed that 20% of accounts were not insured, leaving customers at risk of losing their money.
💰 Many depositors may not have the insured deposits they assumed when they originally opened the account, leading to potential loss of insured deposits.