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February 27, 2018 | Have ‘NO’ Counter-party Risk!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Today, at the clubhouse the discussion centered on this concept called ‘counter-party’ risk. What is ‘no’ counter-party risk? What do I mean by this concept. Many of us realize that our digital/cyber monetary system will get shut down at some point down the road. The system is fragile and criminal and very corrupt. It is destined for elimination down the road. In the meantime, what is prudent? What might we do to survive a financial crash?

 

It is prudent to have a portion of your ‘store of value’ money in items which have NO counter-party risk. All our official currencies have serious counter-party risk as someone like Trump or any political official (globally) could shut down the fiat/cyber system for a time. This last happened back in the 1930’s under FDR. But it is likely to happen again as our digital/cyber system is criminal, corrupt, fragile, and valueless. The coming crash of this criminal cyber system is on the calendar but the exact date is unknown.

 

In the meantime, those with wisdom and understanding could protect themselves to a degree with assets which have NO counter-party risk. So what are these assets? Today, we discussed golf balls, liquor, food items, cars, paintings, silver coins, gold coins, and other physical items which have a barter exchange possibility. Items outside the official fiat/cyber system are items with NO counter-party risk. A portion of one’s assets could be designated for this type of ‘store’ of ‘value’.

 

Store of value is a concept which also needs to be understood. Historically, food items were one of the best items for a ‘store’ of ‘value’. Deerskins, tobacco, liquor, silver coins, gold coins, and other collectibles have also served as viable ‘stores’ of ‘value’. All these items have NO counter-party risk when/if the fiat/cyber/criminal system starts its collapse into ‘fantasy land’. We live with a fake/cyber/imaginary financial system which has NO material foundation. It works only as long as our criminal banksters continue their pumping action. Yesterday, they pumped up stocks via Dark Pool gimmicks!

 

Today, we have the Plunge Protection Team (operating behind closed doors) and many Dark Pool accounts (hidden from public traders) which are used to manipulate this criminal financial system of ours. What are these Dark Pools and who is behind these criminal trading gimmicks: What Was JPMorgan doing in its Dark Pools During the 2,000-Point Plunge Week?
http://wallstreetonparade.com/2018/02/what-was-jpmorgan-doing-in-its-dark-pools-during-the-2000-point-plunge-week/ Pam Martens and Russ Martens: February 26, 2018

 

What everyone needs to recognize is that this criminal/cyber/digital financial system is very fragile and volatile as it is based on NOTHING and is located NOWHERE. It is merely within our CONSCIOUSNESS (our inner self) and few can discern this reality. What is ‘consciousness’? Consciousness is our inner mental arena (also called the human MIND). Our entire financial system is non-physical and mostly INNER. Cyberspace is part of this INNER realm which we call our ‘consciousness’. Cyberspace is where our MONEY resides today! But who understands ‘cyberspace’?

 

Few seem to comprehend the nature of our cyber/digital/criminal financial system. It is totally unconstitutional and it has zero legal credibility as the entire system consists of currencies which should not be viewed as official ‘legal tender’. Digital currencies are units of our imagination and reside within our extended consciousness (cyberspace). None of these currencies should be viewed as constitutional or sound items for a ‘store’ of ‘value’. They are units of NOTHING and located NOWHERE? Try find a digital currency?

 

It may be wise to think about the NATURE of our current criminal/digital/cyber financial system. It has NO foundation in material reality and this means that the entire edifice will eventually collapse and disappear into ‘nothingness’. It is not meant to survive once the general public becomes AWARE of its nature. Today, deception allows this criminal system to survive. Deceived traders, political leaders, and financial pundits keep this system alive for the moment. But all this will change in the ‘blink’ of the human eye (down the road) IMO.

 

It may be wise to accumulate some items with NO counter-party risk. Food items, liquor items, silver coin items, gold coin items, tables, chairs, and household items. Economics started with barter and we could end this experiment called MONEY with a new barter economy down the road. It might start in 2018. No one knows when our Creator will initiate the coming crash. It’s in the hands of the ALL MIGHTY (who few comprehend). Think for yourself on all these issues. Watch the markets for signs. Enjoy! I am: https://kingdomecon.wordpress.com.

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February 27th, 2018

Posted In: Kingdom Economics

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