Black Friday is so Racist! The Future Jubilee!
"What’s the Real History of Black Friday?
The retail bonanza known as Black Friday is now an integral part of many Thanksgiving celebrations, but this holiday tradition has darker roots than you might imagine."
You don't say?
“retail holidays” such as Small Business Saturday/Sunday and Cyber Monday"
Alright I'm not going to make a post about the history of black Friday. If we were in a world shining with truth it would really be named GO FURTHER INTO DEBT PLEASE. Debt based systems are amazing. Debt used to be looked at something that is not good. Today our whole consumer system focuses less on fiscal responsibility to pay the minimum on your credit card.
So recession is coming and we will see just how cool this market has become. The Federal Reserve is hell bent on destroying the economy to 'slow inflation', but if they really were serious they would hike to 20% and let the whole ponzi collapse. Oh wait, that's not good for business or the student model add to your credit card.
We used to have a concept of debt Jubilee's where your debt is basically wiped out. Unfortunately this is bad for business as well so I'm going to go a limb here and say TPTB will have a half baked jubilee. Some of my research is leading me to conclude that the system as a whole is intentionally being broken. The 'old' will transition to the 'new', but it will be the same iteration. Your debts are marked down, your cash has 30 days to deposit into your digi wallet. The CBDC will be the remaining currency and compared to the 'old' it will be worth more.
We aren't going into the details about why this is so dangerous, but as we speak USA is testing out their CBDC including Toronto Dominion bank (wait I thought they are Canadian). It's inevitable. You could gamble and add as much debt as you can and watch it be devalued, but some how I think the government and banks will get their pound of flesh.
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