Yes I'm afraid so it's just a way of washing excess out of the system that has built up for the last three decades.
As an example UK Government debt has quadrupled as a percentage of GDP since 1990 and now stands at over 2 Trillion GBP and 103 percent of GDP.
Most other countries are similar and this is unsustainable hence the worldwide governments acting in concert with this scandemic so this debt can be wiped out and move to government digital currencies.
Thats why Klaus Schwab and his cronies are calling it the Great Reset as all debts will be forgiven or at least that's their intention but I think they underestimate the strength of the people.
They plan is to crash the markets when they are ready with Sovereign and corporate defaults one after another after another to break people's will as Superannuation funds will be wiped out and people will welcome a social credit system.
Conpanies like Zip will simply cease to exist
Chart - Z1P, page-15190
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Mkt cap ! $2.985B |
Open | High | Low | Value | Volume |
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19 | 151599 | 2.290 |
36 | 758234 | 2.280 |
16 | 316207 | 2.270 |
11 | 467243 | 2.260 |
Price($) | Vol. | No. |
---|---|---|
2.310 | 4000 | 1 |
2.320 | 46717 | 4 |
2.330 | 170338 | 6 |
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