Many talk about "The greatest wealth transfer of our time", and some of them mean that when the boomers pass on, all that "wealth" will be transferred to someone. A lot of boomers' inheritance will be passed to charities or just given to the state.
But, really, unless the boomers cash out now, they have nothing. All of their so called assets are turning to dust.
1st, there is no one to buy the assets. 2nd, even if there was, no one wants them. 3rd, vultures are already moving in to get their hands on it. 4th, the banksters have plans to wipe everyone out.
This would be funny if it wasn't so tragic. And the ultimate losers will be the banksters, who were planning to control all the assets, but will find they own nothing, and will be found hanging from lampposts.
Suburban Real Estate that no one wants.
What happens when you dump 25% of the available inventory on the market? Prices crash.
And prices are already crashing because no one can afford houses.
Demographics are collapsing. Buy the time the boomers get their houses on the market, there may be no market left. Imagine dumping 25% of the inventory on the market, and finding that there isn't people to fill those houses.
How much is a suburban house worth, if every other house is empty? Not much, and this is while things are good. And things are rapidly turning not good. More crime, more poverty, more communists who will start believing they are owed a house. More rent controls, making the problem even worse.
People who can, will be leaving the cities, and thus, the suburban real estate becomes something that you can't even give away. Too bad for Black Rock who will be left holding the bag.
The stock market is only up because of all that retirement funds
The Zoomers are not buying stock to put into their 401ks. But, the boomers are about to be selling everything in their retirement accounts to afford their retirement.
And the banksters are pulling the liquidity from the market, and holding cash, expecting the markets to fall.
Unfortunately, the markets will not survive this. The banksters are expecting a crash, and then the market to recover, however, after the boomers leave, there is no one to support the market. The banksters are going to buy up all the stocks, and find that the Plunge Protection Team is the only ones on the other side of the trades.
AND THEN! Dun, dun, duuuuuunnnn! The stock market gets closed for fraud.
Further in the future, no one will deal with corporations who pollute the environment, and are not model citizens. This will be a real movement, unlike the Woke crap that made all the news recently.
The boomers are going to be SOL. However, Black Rock will be left holding the bag of dust.
Cars and toys, all you want…
Cars are way overpriced now. New car lots are in serious trouble with many having New '24 models still on the lot. Used car lots are finding no buyers visiting.
With less people, and many Zoomers not even getting a drivers license, there will be soooo many extra cars. It is already starting with the deportation. Lots of extra cars are appearing. And with more deaths, there will be even more excess.
Auction houses are having way too many cars drive across the platform and back to the yard. And delinquency on auto loans is skyrocketing. More cars from repossessions are coming.
Soon, there will be such a glut of cars, that prices will drop through the floor.
And, as the economy gets worse, all the toys everyone accumulated will be up for sale. And then, up for anyone who will take them.
Lastly, flying cars are coming. If it isn't an old classic, or a decent, farm worthy pickup truck, it will be worthless.
Basically, all those things that people have that they think is worth something… well it isn't going to be worth much.
Housing is already crashing. And it will crash more. And then it will keep crashing as there is no people to occupy them.
Stocks will be worth less than Wiemar German Marks, where you couldn't pay someone enough to take them. But, this is 50 years in the future, we have a crash and a closure due to fraud to get through first.
Soros has already moved into cash. Expecting to buy up assets on the cheap, but he will find that these coveted assets of yesterday, are worthless in the future.
Black Rock will have so much nothing.
All images in this post are my own original creations.