Apr 4, 2023·edited Apr 4, 2023Liked by Alex Krainer
I've been going thru an expensive divorce for almost 2-yrs now.
However, I'm almost debt-free now. The latent costs for the legal fees is the only 'big-1" overhanging.
So. My own advice to everyday-plebs & patricians is: #1) No Debt 2) Have assets ready to liquefy immediately when it comes to paying the yearly-tribute-to-the-state called *income tax* 3) delay payment on any taxes because 'inflation' will reduce your costs with 10%-20% wherever One finds Oneself in the Western Anglo Empire Areas 4) net gain by depreciation of the value of the currency is very very real 5) Buy all *necessities* in-bulk when One finds products reduced-in-price. Here in Sweden, base food stuffs have increased in price by 50%-200%+ only these past 13½ months.
Why must you always be on the spot Alex? You're brilliant! Thank you very much for your insights. I hope one day I can afford to hop in on your paid subscription and Tom Luongo!
Nevertheless I highly appreciate your free content also!
Do you play the ball where it is, or where it is going? We have a confluence of three crises – inflation/interest rate crisis – banking crisis – dollar crisis. Where is the ball going? Thank you Alex for your insight and understanding as to what we are headed for - rough waters!
The current money system was invented in hell and has the purpose to disposess the hard-working to the advantage of the satanic elite. Stock trading is just a part of it, interest another.
That is why the ingenious German language uses one word Schulden = debt and Schuld = guilt. The "en" just converts a singluar into a plural. The major problem is the current "Debitismus" = debitism.
I am not trying to propose any alternative here. I only want to make readers aware of these facts as we are most likely a couple of months away from major changes to the current financial system. Digital money can only be worse and must be defined as the worst fascism possible.
If we "the Volk" do not succeed in agreeing on and enforcing any system free of any form of Schuld(en), we will undoubtedly end-up in absolute tyranny due to modern electronics.
I grew up in the divided Berlin literally in the morning shadow of the wall (thus you know in which part) and, of course, I knew both sides. I therefore am sure today, that I want neither of them.
Good advise,Alex, however i've long been on a contrarian trajectory that's only beginning to pay off. Reading over some of the comments, I would only add that physical gold may not be the best alternative in today's climate. Sure, it's nice to have but if someone has a gun to your head chances are you're going to open the safe. Gold and other mining stocks( especially the juniors) are worth considering. They tend to be less risky in a gold bull market and actually afford more leverage ( imho). My main caveat here, is that they are already producing and have covered Capex.
I've been going thru an expensive divorce for almost 2-yrs now.
However, I'm almost debt-free now. The latent costs for the legal fees is the only 'big-1" overhanging.
So. My own advice to everyday-plebs & patricians is: #1) No Debt 2) Have assets ready to liquefy immediately when it comes to paying the yearly-tribute-to-the-state called *income tax* 3) delay payment on any taxes because 'inflation' will reduce your costs with 10%-20% wherever One finds Oneself in the Western Anglo Empire Areas 4) net gain by depreciation of the value of the currency is very very real 5) Buy all *necessities* in-bulk when One finds products reduced-in-price. Here in Sweden, base food stuffs have increased in price by 50%-200%+ only these past 13½ months.
Regards Alex.
Read this yesterday at your website.
:) No Worries. WE Win!!!
Why must you always be on the spot Alex? You're brilliant! Thank you very much for your insights. I hope one day I can afford to hop in on your paid subscription and Tom Luongo!
Nevertheless I highly appreciate your free content also!
Do you play the ball where it is, or where it is going? We have a confluence of three crises – inflation/interest rate crisis – banking crisis – dollar crisis. Where is the ball going? Thank you Alex for your insight and understanding as to what we are headed for - rough waters!
The current money system was invented in hell and has the purpose to disposess the hard-working to the advantage of the satanic elite. Stock trading is just a part of it, interest another.
That is why the ingenious German language uses one word Schulden = debt and Schuld = guilt. The "en" just converts a singluar into a plural. The major problem is the current "Debitismus" = debitism.
I am not trying to propose any alternative here. I only want to make readers aware of these facts as we are most likely a couple of months away from major changes to the current financial system. Digital money can only be worse and must be defined as the worst fascism possible.
If we "the Volk" do not succeed in agreeing on and enforcing any system free of any form of Schuld(en), we will undoubtedly end-up in absolute tyranny due to modern electronics.
I grew up in the divided Berlin literally in the morning shadow of the wall (thus you know in which part) and, of course, I knew both sides. I therefore am sure today, that I want neither of them.
Good advise,Alex, however i've long been on a contrarian trajectory that's only beginning to pay off. Reading over some of the comments, I would only add that physical gold may not be the best alternative in today's climate. Sure, it's nice to have but if someone has a gun to your head chances are you're going to open the safe. Gold and other mining stocks( especially the juniors) are worth considering. They tend to be less risky in a gold bull market and actually afford more leverage ( imho). My main caveat here, is that they are already producing and have covered Capex.