{"id":49533,"date":"2019-11-11T18:29:25","date_gmt":"2019-11-11T23:29:25","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49533"},"modified":"2019-11-11T18:29:31","modified_gmt":"2019-11-11T23:29:31","slug":"the-globalists-have-declared-war-on-your-savings","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49533","title":{"rendered":"The Globalists Have Declared War On Your Savings"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.libertynation.com\/the-globalists-have-declared-war-on-your-savings\/\">The Globalists Have Declared War On Your Savings<\/a><\/h3>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">The globalists are coming for your savings in order to \u201csave\u201d the economy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When any one of the plethora of bubbles burst \u2013 pick your poison \u2013 and the next financial crisis impacts Wall Street and Main Street, how will the central banks and federal governments react? They have fired all their unconventional rounds of bullets, from subzero&nbsp;<a href=\"https:\/\/www.libertynation.com\/do-negative-interest-rates-equal-negative-consequences\/\">interest rates<\/a>&nbsp;to vast&nbsp;<a href=\"https:\/\/www.libertynation.com\/is-the-federal-reserve-quietly-launching-qe4\/\">money-printing<\/a>. One other proposal could conceivably be giving your deposits a haircut, much like what occurred in Cyprus following the recession. This dyspeptic vision is not hyperbole nor is it paranoia \u2013 the&nbsp;<a href=\"https:\/\/www.libertynation.com\/harsh-duties-chinese-aluminum-foil-us-hurts-american-poor\/\">tariffs<\/a>&nbsp;have raised the price of tinfoil! It is unfolding right now as our globalist overlords are executing, or at least entertaining, fiscal and monetary measures to confiscate your wealth \u2013 directly or indirectly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Plugging Holes In Swiss Cheese<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img decoding=\"async\" src=\"https:\/\/www.libertynation.com\/wp-content\/uploads\/2019\/07\/BANNER-NEW-ECONOMIC-2.jpg\" alt=\"\" class=\"wp-image-356727\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Switzerland is one of the few European nations to record a federal budget surplus. The budget for the fiscal year 2020 will record a $615 million surplus, despite imposing pension and tax reforms that slashed revenues and raised spending. The Swiss government is handcuffed by a so-called debt brake, a balanced-budget amendment that mandates the budget to be in balance throughout the business cycle. This policy has decreased the debt-to-gross domestic product ratio to nearly 25%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although national debt levels are still at multi-decade highs, the fact that the government is taking red ink seriously should be music to the ears of fiscal conservatives. But to others, it is headache-inducing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;Organisation&nbsp;for Economic Cooperation and Development (OECD) published a new report that lamented on the nation\u2019s unwillingness to spend like some of its European partners. Authors stated that the Swiss are saving too much and spending too little, despite possessing the third-highest gross domestic product (GDP) per capita of all OECD members. It asserted that policymakers could \u201cincrease expenditures\u201d within the debt brake framework that \u201cwould serve monetary policy, and economic and social positive impact.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Globalists Have Declared War On Your Savings The globalists are coming for your savings in order to \u201csave\u201d the economy.&nbsp; When any one of the plethora of bubbles burst \u2013 pick your poison \u2013 and the next financial crisis impacts Wall Street and Main Street, how will the central banks and federal governments react? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[22912,379,22913,702,860],"class_list":["post-49533","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-andrew-moran","tag-government","tag-liberty-nation","tag-savings","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49533"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49533\/revisions"}],"predecessor-version":[{"id":49534,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49533\/revisions\/49534"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}