Sunday, March 24, 2019

Trump: Prepare for 'Financial Ruin.'

Tom's Journal. http://tomschuckmanjournal.blogspot.com/

 tschuckman@aol.com





Hello Fine People,
    We never had a chance after obama left the USA in such debt --- that he charged more and heaped up more debt $$$ than all the other Presidents before him !!   President Trump moved mountains while the Democratic party and the Swamp tried to trip him and stall him at every turn.   The damage is already done!
     To paint a picture, let us watch an Olympic swimmer trying to reach the other side of Lake Michigan from the Wisconsin side,  but failing, and even in the month of August the water temperature is just above freezing!   I even jumped into Lake Michigan on Jan. 1st, with the Kenosha, Wisconsin Polar Bear Club for 5 years.  Those days are over... LOL.   

I have studied Finance and passed my PFS Securities and Investments exam, so I know what I am talking about.  I have also tried to warm my friends and relatives about the comings financial fall,  but to no avail.  I have also shared the Gospel far and near using the BIBLE TRACTS, INC.   But now that my health has slowed down plus accelerated aging, IMHO,  times are different.   If it were not for my fine wife, Loretta,  I would be in bad shape.   But praise the Lord,  I am blessed with the right lady.  

Even though I am invested in the right stuff,  my family will be hurting too.  I am banking on the Lord to bail us out and also remove us from this situation that will plague the Earth.   Still,  I cannot help but worry a little bit.   And gasoline is going up $$$ again.

Warm Regards,
Tom Schuckman



March 24, 2019
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Craig Wilson:
trump
The president is now warning that the United States could be on the edge of turning into another large-scale Spain or Greece and fall into financial ruin.
According to Donald Trump’s recent commentary and analysis while on Fox News’ “On the Record with Greta Van Susteren” the U.S. no longer can claim itself as a rich country. The president remarked, “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others. We’re up to $16 trillion in debt.”
Here’s why the American leader is now warning that ballooning debt, a potential credit downgrade and consumer confidence could all bubble up into a major problem this year.



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Brian Rose:
According to the latest Federal Reserve data, consumer debt just hit a new peak above $4 trillion. It’s estimated that Americans are spending about 10% of their disposable income on nonmortgage debt. Here’s why the “clock is ticking” on a debt crisis.
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Byron King:
China is quietly moving away from the dollar. It wants to build up gold reserves as a defense against U.S. efforts to use the dollar as a weapon. Here’s further proof China is putting its plans into action.
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Brian Maher:

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