THE GREAT TAKING - If You Want To Survive What's Coming, You Need To See This | Mike Maloney

Download the book as a free PDF at & get Mike's book at What is 'The Great Taking'? Mike Maloney and Alan Hibbard analyze this intriguing book, which offers a sobering account of the potential consequences of the next financial crisis. The authors point to the overleveraged derivatives market underpinned by securities dependent on a strong working class. If the working class falters, it could create a cascading crisis leading to bank failures and a consolidation of assets by surviving big banks. This threatens the “you'll own nothing and be happy“ dystopian scenario. The book also explores the stagnant velocity of money in the U.S. economy, suggesting major underlying issues have been worsening for decades. Overall, it presents a stark warning about the fragility of the system and how ordinary people stand to lose assets with little legal recourse in the next crash. -----------------------------------------------------------