FED rate hike this week to hit millions of borrowers

MindWars

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Oct 14, 2016
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Fed Rate Hike This Week To Hit Millions Of Borrowers

Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.

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The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.

Since this is going to be a global collapse it will make the Great depression look like a cake walk.

It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.
 
Fed Rate Hike This Week To Hit Millions Of Borrowers

Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.

--------------------------------------------------------------------------------------

The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.

Since this is going to be a global collapse it will make the Great depression look like a cake walk.

It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.
The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.

Since this is going to be a global collapse it will make the Great depression look like a cake walk.

It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.
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First you have this FACT

2017 Is Going To Be The Worst Retail Apocalypse In U.S. History – More Than 300 Retailers Have Already Filed For Bankruptcy

And in recent weeks other major retailers that were once very prosperous have also been forced to close stores and lay off staff

This hemorrhaging of retail jobs comes on the heels of last week’s mass layoffs at Hudson Bay Company, where employees from Saks Fifth Avenue and Lord & Taylor were among the 2,000 people laid off. The news of HBC layoffs came on the same day that Ascena, the parent company of brands like Ann Taylor, Lane Bryant, and Dress Barn, told investors it will be closing up to 650 stores (although it did not specify which brands will be affected just yet). Only two weeks ago, affordable luxury brand Michael Kors announced it too would close 125 stores to combat brand overexposure and plummeting sales.
 
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FACT : :tomato:

The Tipping Point for the Economy Is Here-One False Flag Away From Armageddon

The Last Great American Garage Sale
On multiple occasions in this column, I have thoroughly documented the following facts which demonstrate that the banksters are stealing our assets in preparation for them to economically survive what is coming:

1. The Seventh Circuit Court of Appeals ruled that when you put money into the bank, you have transferred ownership of that money to the bank. This ruling represents government sponsored theft in the highest order, yet most of us are unaware that this happened.

2. The G20 nations declared the money in your bank account to not be money. Therefore, the FDIC insurance for your savings.

3. The MERS mortgage fraud is ongoing and homeowners are still having their homes stolen without legal justification.

4. The Federal Reserve, in 2012, began to print money to the tune of $40 billion dollars a month in order to purchase mortgage backed securities. Then they converted this money into gold and are awaiting the collapse. When the smoke clears, they will be among the few that own large amounts of property and have one of the mediums of exchange that have taken the place of cash. Watch what man does, not what he says. The Federal Reserve is telling you that there is going to be an economic collapse and it will be on in which they are fully prepared for.

5. The banksters have practiced stealing the secured accounts of American in the MF Global (MFG) scandal, resulting in the loss of $6.3 billion dollars of secured investment funds. Nobody went to jail. This was a beta test, one that
 
Fed Rate Hike This Week To Hit Millions Of Borrowers

Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.

--------------------------------------------------------------------------------------

The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.

Since this is going to be a global collapse it will make the Great depression look like a cake walk.

It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.

If one can't afford $18/month, they shouldn't be borrowing in the first place. They should be living with a used car that's paid off in full while living in an apartment complex.
 
Fed Rate Hike This Week To Hit Millions Of Borrowers

Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.

--------------------------------------------------------------------------------------

The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.

Since this is going to be a global collapse it will make the Great depression look like a cake walk.

It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.

some 8.6 million consumers could not absorb the hit.


Did they die?
Did the rate hike kill them?

Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.


Millions of consumers were challenged by a $54 cost?
 
FACT : :tomato:

The Tipping Point for the Economy Is Here-One False Flag Away From Armageddon

The Last Great American Garage Sale
On multiple occasions in this column, I have thoroughly documented the following facts which demonstrate that the banksters are stealing our assets in preparation for them to economically survive what is coming:

1. The Seventh Circuit Court of Appeals ruled that when you put money into the bank, you have transferred ownership of that money to the bank. This ruling represents government sponsored theft in the highest order, yet most of us are unaware that this happened.

2. The G20 nations declared the money in your bank account to not be money. Therefore, the FDIC insurance for your savings.

3. The MERS mortgage fraud is ongoing and homeowners are still having their homes stolen without legal justification.

4. The Federal Reserve, in 2012, began to print money to the tune of $40 billion dollars a month in order to purchase mortgage backed securities. Then they converted this money into gold and are awaiting the collapse. When the smoke clears, they will be among the few that own large amounts of property and have one of the mediums of exchange that have taken the place of cash. Watch what man does, not what he says. The Federal Reserve is telling you that there is going to be an economic collapse and it will be on in which they are fully prepared for.

5. The banksters have practiced stealing the secured accounts of American in the MF Global (MFG) scandal, resulting in the loss of $6.3 billion dollars of secured investment funds. Nobody went to jail. This was a beta test, one that

The Seventh Circuit Court of Appeals ruled that when you put money into the bank, you have transferred ownership of that money to the bank.

Well, duh! You deposit 5 $20s, you no longer own the $20s, you own an account with 100 dollars in it.

The Federal Reserve, in 2012, began to print money to the tune of $40 billion dollars a month in order to purchase mortgage backed securities. Then they converted this money into gold

They bought MBS, how did they "convert it to gold"?
 

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