The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Monday, March 15, 2021

Stick it to Caesar with a Silver dagger as Wall Street Bets calls for nationwide silver run on the Ides of March

 March 15 has always been a unique day in history as it is known worldwide as the Ides of March.  And while the most famous tragedy tied to this day is of course the assassination of Julius Caesar, one group is hoping to use today as a way to stick it to Wall Street and the bullion banks.

The Reddit group known as Wall Street Bets is calling for everyone to go out and purchase at least one physical ounce of silver today in order to continue bleeding supplies dry.

Unlike a few years ago when Max Kaiser called for people around the world to each buy an ounce of silver in order to attempt to bankrupt JP Morgan, younger investors have been making a concerted effort to go toe to toe against the majority of Wall Street houses.

Sunday, February 7, 2021

Was the WallStreetBets Silver Short Squeeze a Failure? Physical Dealer Shortages Suggest it Wasn't

At the beginning of February there was great anticipation that the Reddit group of retail investors was positioned to take on the monstrous silver short that has kept the price depressed for nearly a decade.  In fact the battle over the silver price has been so great that it is the ONLY asset that has failed to reach or surpass its high achieved 40 years ago in 1980.

But sadly, the majority of the investing public has little understanding of what precious metals mean to the ongoing fiat currency system.  And as such, taking on Hedge Funds or Bullion Banks in the paper markets is a futile quest since not only they, but the Federal Reserve and Treasury as well, have a vested interest in ensuring the prices of gold and silver do not climb rapidly.

Yet this is not to say that retail investors, and especially those tied to WallStreetBets can't create havoc in this market.  And despite the fact that they are actually late to the precious metal game (since central bank and wealthy accumulation of the metals has been going on for about the last three years), their recent presence is putting massive pressure in the physical market as seen by the incredible rise in premiums on even just a single ounce of silver.

Current Spot Price:  $26.92

Golden Eagle Price for 1 - OZ  Random US American Eagle:  $36.34

SD Bullion Price for 1 - OZ  Random US American Eagle:  $37.15

Apmex Price for 1 - OZ  Random US American Eagle:  $39.15

Miles Franklin Price 1 - OZ  2021 US American Eagle:  $9.00 above Spot Price

In addition, most of these dealers are paying individuals upwards of a $4 or more in premiums above Spot for their silver, however the problem is that VERY FEW are selling.

Besides its power as a monetary metal and store of wealth, silver demand is expected to skyrocket in the near future as demand for alternative energy sources coupled with the rise of Artificial Intelligence will take an already stretched commodity and make it almost priceless.

Sunday, January 31, 2021

Populist Revolution moves from Washington to Wall Street as millions prepare to use Silver as a weapon

When the Comex and futures market was formed back in the 1970s, a communique was written which specified that the Exchange was to be primarily used as a means to depress the price, and dissuade the population from buying precious metals.  Now almost 50 years later, the frequency shift known as Populism which occurs during the early parts of every century has awakened to the realization that one of the best ways to crush the Establishment is by going after their wallets.

And in particular, the precious metal that is an anathema to their dollar based casino.

4. THE MAJOR IMPACT OF PRIVATE U.S. OWNERSHIP, ACCORDING 
LIMITED OFFICIAL USE 
LIMITED OFFICIAL USE 
PAGE 02 LONDON 16154 02 OF 02 102035Z 
TO THE DEALERS' EXPECTATIONS, WILL BE THE FORMATION OF A SIZABLE GOLD FUTURES MARKET. EACH OF THE DEALERS EXPRESS- ED THE BELIEF THAT THE FUTURES MARKET WOULD BE OF SIGNIFI- CANT PROPORTION AND PHYSICAL TRADING WOULD BE MINISCULE BY COMPARISON. ALSO EXPRESSED WAS THE EXPECTATION THAT LARGE VOLUME FUTURES DEALING WOULD CREATE A HIGHLY VOLATILE MAR- KET. IN TURN, THE VOLATILE PRICE MOVEMENTS WOULD DIMINISH THE INITIAL DEMAND FOR PHYSICAL HOLDING AND MOST LIKELY NEGATE LONG-TERM HOARDING BY U.S. CITIZENS. 
5. AS TO FUTURE DEMAND BY U.S. CITIZENS FOR GOLD, MOST DEALERS DID NOT FORESEE DEMAND FOR PHYSICAL HOLDING AS SIGNIFICANT, WITH THE EXCEPTION OF AN INITIAL SURGE DURING THE FIRST 2 TO 3 MONTHS OF THE YEAR FOLLOWING DEREGULATION THEY DID NOT FEEL THAT U.S. CITIZENS, ON THE WHOLE, WERE PSYCHOLOGICALLY PREPARED TO SWITCH FROM SMALL SCALE GOLD COIN PURCHASES TO LARGE SCALE, LONG-TERM BULLION HOARDING. SEVERAL EXPRESSED THE VIEW THAT THE DEMAND FOR COINS (AFTER THE INITIAL SURGE) WOULD MOST LIKELY BE SUCH THAT IT COULD BE MET FROM WITHIN SHOULD THE U.S. DECIDE TO MINT GOLD COINS FOR SUCH PURPOSES. SPIERS 
LIMITED OFFICIAL USE - Wikileaks

Starting last Thursday (January 28), the Reddit group known as Wall Street Bets (r/wallstreetbets) began buying shares and call options on several different silver fronts which included PSLV, SLV, and First Majestic Silver.  Additionally, this attack which has been primarily directed at Hedge Funds who had distorted the market through their vast greed is now aiming for bigger game by calling for their more than six million followers (and an even greater number worldwide) to purchase physical silver and cause a panic in supply.

The irony of it all has been the fact that using the power of consumerism to attack corporations and financial institutions has proven to be wildly successful.  First in the 'Get Woke, Go Broke' campaign of boycotting any business involved in the Cancel Culture movement, and now in the stock and derivative markets by using the Establishments own greed against them.

Who said Occupy Wall Street failed 13 years ago?

Wednesday, January 27, 2021

Biden channels his inner FDR by looking to pack the Courts in order to push through his Progressive Agenda

 As the old saying goes, history doesn't repeat itself but it sure does rhyme.  And not even 10 days into his Presidency, Joe Biden is looking to repeat the failures of another Democratic Executive from 75 years ago as he begins seeking ways to pack the Supreme Court in order to be allowed to push through his unconstitutional Progressive agenda.


The Biden administration is moving forward on the creation of a 'bipartisan' commission which will study potential reforms to the Supreme Court and the federal judiciary, - Zerohedge

In less than a week in office, President Biden has signed more Executive Orders than any other Executive in history by far in this short duration.  And many pundits feel that several will be quickly challenged in court, especially ones concerning immigration, gun control, and forced minimum wage hikes.

For nearly 50 years, liberals had control over the Supreme Court, as well as most Appellate and District courts in the country and were able to force through many laws and rulings that were in opposition to the beliefs of the majority of Americans.  And when this finally changed under President Trump's term in office, liberals now seem to be unable to function without having absolute control over the power to legislate as they see fit, and thus we are once again confronted with the nation having a petulant child in the Oval Office who feels he should be allowed to change the rules of the game when he doesn't get his way.

Sunday, January 3, 2021

Great Reset: Are Governments and Politicians no Longer Competent to Run a Sound Money Standard

With Western elites seeking to use the Covid Pandemic as a means to institute their grand plan of a globalist hegemony, a war has emerged that very few even recognize, and even fewer understand.  It is a war over the next standard of exchange in the wake of the dying dollar.

Since the 1990s when central banks in Europe and America began to take over large swaths of the financial system, all semblance of rationality and fiscal prudence have been completely washed away.  And in less than 30 years since former Fed Chairman Alan Greenspan began to set forth policies of interest rate manipulation in order to avoid recessions and stock market declines at all costs, the foundations of the Western financial system have reached a point where anything they do is sustainable.


1.  US National Debt at $27.6 trillion while total unfunded liabilities sit at $138 trillion

2.  US Debt to GDP at end of 2020 is at 132.67%  ($27.6t / $20.8t)

3.  Total Global Debt to GDP at end of 2020 is at 314.77% ($277t / $88t)

4.  Four major US states are completely bankrupt

     a.  California  b.  Michigan  c.  Illinois  d.  New York

5.  Europe is also on the cusp of sovereign bankruptcies

And we could go on...

The point here is that all the talk of a Great Reset being implemented is being done by the same incapable and incompetent politicians and financiers who created the problems to begin with.  Thus whatever type of financial system they desire to institute will inevitably fail the same way this current one has.

But what might that financial system be?  And perhaps just as important, what type of monetary system would they feel needed to be implemented to carry out their grand schemes?

In the past century, the world attempted to function off of a Gold Standard, but in less than three decades it was scrapped for a system by which nation's could create as much currency as they wanted simply by fiat decree.  And in fact throughout history, nearly all empires who functioned under a gold standard eventually destroyed their economies due to greed, war, or a myriad of other reasons that led to the need to devalue their money.

For all intents and purposes, the Gold Standard doesn't work because the ability of men and governments to live within their means is nearly impossible.

So what is left?  Many are now arguing that decentralized cryptocurrencies are the answer, but they too are subject to fraud, manipulation, and actions by men as to how they would be used and integrated into both local and global economies.

The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and there’s little to differentiate some altcoins from the Paypals and Visas of the world. – Bitcoin.com

Then of course there is the drive by central banks around the world to create their own sovereign digital or 'cryptocurrencies' to replace cash.  However, due to the fact that the majority of these central banks have destroyed not only the value of their own currencies, but also the value of credit (negative interest rates), all a digital currency would do would be to restrict money velocity even more than it already has been via financialization.

In all likelihood the answer lies in separating local and sovereign economies through the use of a local form of sound money (Primarily silver), and an international currency (Likely digital).  Additionally, cryptocurrencies like Bitcoin and Ethereum could be used in a similar fashion as Visa, Mastercard, or Paypal, meaning they could act primarily as an alternative payment where the blockchain replaces antiquated systems like SWIFT.

If there is one thing that cryptocurrency evangelists have right, it is that economies work best when they are fully segregated to their own spheres of influence.  And rather than expect The Powers That Be to succeed by centralizing everything under one global hegemony when they have already proven to be incompetent in running the current system, the most beneficial system of all will be one where people continue to have control over their own economic lives, and focus more within the sanctity of their own local regions.

Saturday, January 2, 2021

The real Great Reset is a return to the past and getting banks out of the economy

It is not that much of a coincidence that both the International Monetary Fund (IMF) and the World Economic Forum (WEF) were prepared to call for a massive new paradigm shift in the Western world following both Europe and the US's over-reactions to the Covid pandemic.  Labeled as the 'Great Reset', the globalist elite seek nothing less than to break the world down solely into the Haves and Have Nots.


In reality however, we must recognize and acknowledge that the economic and financial straits we are in today came about from many of these same 'overlords' who implemented policies of greed and destruction that goes back primarily 25 years, but secondarily over 100.

Following the fall of the Soviet Union in 1991, many of the banks and corporations in both Europe and the US had to rapidly shift away from an environment of assured government spending to fund the Cold War and instead come up with a way to be competitive in a dog eat dog free market.  The results were to get Congress in the US, and Parliaments in Europe, to facilitate the removal of industry from their own shores and allow it to find better regions in the land of cheap labor.

Before the end of the summer, President Clinton will ask Congress to approve the North American Free Trade Agreement linking the United States with Canada and Mexico in a free trade area comprising a population of 370 million and a gross national product of $6 trillion. It will represent the most creative step toward a new world order taken by any group of countries since the end of the Cold War, and the first step toward the even larger vision of a free trade zone for the entire Western Hemisphere.

This presents the president with a rare opportunity for leadership in educating the American people to the opportunity before them. Since the end of the Cold War, it has become apparent that fear of communism can no longer serve as the cement of the international order. With the collapse of the ideological challenge, traditional patterns of nationalism have gained ground nearly everywhere. The post-Cold War world has already witnessed growing rivalries reminiscent of the tensions preceding World War I. – Henry Kissenger via Washington Post

A few years later, Europe would solidify its own union by creating a continental currency that would becomes the standard for all but the UK.

However we cannot forget one of the most important pieces of legislation passed in the middle 1990s that had been determined to have both aided in bringing about the Great Depression of the 1930s, and inevitably the Great Recession of the 2010s.

That legislation of course was the repeal of the Glass-Stegall Act, which allowed primarily commercial banks to also become investment banks.

No longer was there a separation in banking between the general economy, and Wall Street.

We do not need to talk here about the mountain of evidence which validates that Financialization was the key player in bringing about the destruction of the economy and American system.  But what we do need to emphasize is that as we enter into the third decade of the new millennia, a Great Reset is absolutely necessary, but not one offered by the very individuals who aided in destroying the current one.

No.  The Great Reset the world needs is a return to the very things that made the majority of mankind the wealthiest they had ever been.  They need a return to some form of sound money, a concrete delineation between commercial and investment banking, and true free trade system that recognizes the value of one's own nation currencies in direct bi-lateral trade.

Friday, January 1, 2021

Is 2021 the year that the American Empire reached peak corruption

January 1, 2021 was ushered into view overnight with a large portion of the American populace watching the festivities from the sidelines.  And as could have been easily predicted, a self appointed elite used this opportunity to dance alone with his wife in a Times Square setting that is normally packed to the gills in order to watch the old turn into the new. 

2020 was the year the mask was taken off, and where there was not even a semblance of shame or outrage to lies and corruption.  The elites are openly calling for a 'Great Reset' which entails a return to medieval Feudalism, while the masses are so divided in unity and ideology that it would not be a surprise of this was the year Civil War broke out on the streets of our cities.


Rarely do empires fall primarily from an external enemy, which made Alexander the Great's takeover of the Persian Empire so significant.  Instead they rot from within, and often need just a small push from a foreign influence in order to topple them completely.

Entering 2021 America is at that point, only the push towards collapse will not be done militarily by an outside force, but economically by rejection of their nearly 80 year old 'Great Privilege'.  The dollar's days as the Unipolar Reserve Currency are numbered, and the only question that remains is whether THIS is the year that it is removed from that pedestal.

Political Corruption:

America's political corruption did not begin in 2020, but it invariably reached a crescendo last year in the national elections of November 3rd.  Not only was there widespread voter fraud that took place in multiple states orchestrated by hundreds of people, agencies, and institutions, but even state and local officials happily took a blind eye, even when the fraud occurred against members of their own political party.

Science Corruption:

From the beginning of the Covid-19 pandemic, hundreds of so-called scientists and experts have given non-evidential information to both the public and to government officials that has led to unnecessary lockdowns, hardships, unemployment, and destruction of small businesses.  In fact nine months after enough evidence has been actually gathered to make rational and sound decisions, these same experts are doubling and tripling down on their pseudo-science policies that may soon entail that not even a collapse of the dollar will be necessary to bring about a cratering of the entire US economy.

Economic Corruption:

For the first time since America was involved in a global war, the Federal government borrowed more money in deficit spending than they received from tax, tariff, and other revenues.

Fueling this rise is a big jump in the government’s annual budget deficit, which is projected to widen to $3.3 trillion by the end of this fiscal year, more than triple its level in 2019. The deficit was already on track to be elevated because of recent tax cuts and spending increases, but the government’s response to the pandemic expanded that gap dramatically.

The government typically spends more than $4 trillion a year on programs and services, but Congress has approved more than $3 trillion in emergency funding since March to combat the outbreak and subsequent economic downturn. That included hundreds of billions of dollars in aid for businesses and the unemployed. – Washington Post

(This number did not include the $750 billion NDAA, nor the over $900 billion for a new CARES Act that was signed into law a week ago)

And as of the new year, America's national debt stands at around $27.6 trillion.  Meanwhile, last year's GDP came out to be around $20.8 trillion which means America's debt to gdp is a whopping 132%.

For all intents and purposes, America is insolvent... and holding on by a fingernail their ability to control the global reserve currency as their primarily means of staving off total bankruptcy.

Social Corruption:

Last summer saw hundreds of thousands of people take to the streets demanding justice for what often turned out to be fake injustices.  The Black Lives Matter Movement, Antifa, along with corporations vilified entire sexes and races of peoples, while causing billions of dollars in damage to businesses, individuals, and individual property.

In response, the often silent right side of the political spectrum rose up in a backlash under the banner of MAGA to show their defiance to these paid anarchists bent on destroying traditional American values.

As things come to a head politically, with more than half of voting America believing that their election was stolen by the other side, chances of revolution will continue to boil with both sides rushing headlong towards an outcome of violence.

Spiritual Corruption:

One of the primary reasons why so many Americans have turned towards putting their trust and reliance on government is that their once solid belief systems in religion have fallen immensely.  In a poll taken in 2019, religious observation had fallen from 76% in the 1980s down to just 50% by 2020.

In a poll about church attendance and religious affiliation in the country, it was found only 50 percent of Americans actively practice any religion and attend religious places of worship. This number is a steep 69 percent decline from church attendance results from two decades ago. - World Religion News

This has been one of the main goals of both globalist, and totalitarian rulers... to turn people away from a spiritual belief in God and towards complete trust and reliance on man and state.

Family Corruption:

Marriage rates, birth rates, and overall interaction between men and women have fallen to their lowest points in American history.

Congressional Record Regarding Marriage Rates

Additionally, less marriage and greater divorce rates lead to children being raised primarily by women only, and secondarily by the state through childcare programs and the education system.

In the end, America has reached the point where every single facet and institution of the country has been, or become corrupted.  And since the beginning of time when an empire no longer can stand united in its social, political, military, and economic ideals, then it is only a matter of time before any number of outside influences pushes firmly enough for the entire house of cards to collapse.

Monday, April 13, 2020

Disconnect between physical and paper gold prices in full swing

With the economic slowdown (some may say collapse) entering its second month, few asset classes are coming out unscathed in the financial destruction.  Yet as expected, the single commodity that is exploding upward is of course gold.

But with this in mind there is an even bigger scenario in play beyond simply the price of gold going up, and that is not only the disconnect between physical and paper gold, but also between the futures price and the spot price.

April 13 2020:  Gold prices for paper and physical

Spot Price: $1716



Futures Price:  $1761



Physical Price:  $1864


As you can see, there is nearly a $50 difference ($45) between the current spot price and the June futures price, and a $100 (Futures) and $150 (Spot) premium between the physical and paper prices.

As the demand for gold continues to accelerate, the disconnect between the paper and physical markets will only increase.  And it is now likely that the physical price will surpass its all-time high in dollar terms long before the end of the year.

Sunday, March 8, 2020

Russia uses America's own weapon against them as new oil gambit may be the key to collapsing the Western financial system

For those who do not remember details of the Cold War between the U.S. and former Soviet Union, it was a combination of a military buildup under President Reagan coupled with a depressing of the price of oil that eventually led to the Communist regime's demise.  Yet like a pendulum that swings to the opposite side when there is enough inertia, just 30 years later Russia has set themselves up to use the very same weapons that were used against them in order to bring harm or even destroy the financial systems of their adversaries.

This drop in oil price made it become much less profitable to drill new oil wells. Also, the Soviet Union was an oil exporter, and at a lower price, it earned less profit for the oil it exported. Given these headwinds, oil production stopped rising, and by 1988, began to fall. Oil production did not start rising again until the early 2000s, when oil prices began rising again and a different political system was in power. 
As oil production dropped in the 1988-1991 period, FSU oil exports plummeted. Given the combination of a low quantity of oil exported, and low sales price of oil exports, the FSU found itself in financial difficulty where it could not afford to pay for food imports, which it badly needed, and the country collapsed. - Oilprice.com
Fast forward 29 years.

In a move that few could see coming, Russia on Thursday voted against OPEC's desire to reduce production and appears very ready to see the price fall even lower than Friday's market close of $42.
OPEC needs this cut to remain relevant. The cartel is dying. It’s been dying for years, kept on life support by Russia’s willingness to trade favors to achieve other geostrategic goals. 
I’ve said before that OPEC production cuts are not bullish for oil just like rate cuts are not inflationary during crisis periods. 
But finally Russia said No. And they didn’t equivocate. They told everyone they are prepared for lower oil prices. - Gold, Goats, and Guns
Yet this move did not come in a vacuum, as Russia's announcement comes when both the U.S. and Europe are at their most vulnerable... as in having to deal with crashing bond and equity markets, an escalating war within NATO between members Greece and Turkey, and a global pandemic labeled as the Coronavirus.

Invariably the foundation for this gambit opened itself up since OPEC was already on the way out, as seen just a few years ago when the Middle Eastern cartel willingly accepted Russian aid and guidance in what would become known as OPEC+1.  But thanks to a number of chaotic events such as the continuing conflicts in Iraq and Syria, economic sanctions against Iran, and Qatar leaving OPEC completely last year, what was once a coalition dominated by Saudi Arabia and Iran had almost overnight shifted to one being directed from offices located in Moscow.

In addition to all of this, we cannot forget the incredible growth of America's shale industry which by 2019 had overtaken even Russia in producing the most barrels of oil in a given day.  However in doing so, the U.S. leveraged the industry way too much as bank subsidization coupled with higher production costs put America too close to the edge if prices declined too much.

And with all of these black swans and white albatrosses circling the globe, a perfect storm emerged for Moscow to use now as the time in which they could exact revenge on Washington by using the very weapon (oil prices) that was a catalyst for their own collapse in 1991 and flip it towards bringing down the already tenuous global financial system.
When dealing with a more-powerful enemy you have to target where they are most vulnerable to inflict the most damage. 
For the West that place is in the financial markets. 
Remember, the first basic fact of economics.  Prices are set at the margin. The only price that matters is the last one recorded.  
That price sets the cost for the next unit of that good, in this case a barrel of oil, up for sale. 
In a world of cartelized markets the world over, where prices are set by external actors, it is easy to forget that in the real economy (regardless of your political persuasion) the world is an auction and everything is up for bid.
High bid wins. 
So, the most important geostrategic question is, “Who produces the marginal barrel of oil?” 
For more than three years now, President Trump has supported his policy of Energy Dominance in a Quixotic quest for the U.S. to become that supplier.  Trillions of dollars have been spent on building up domestic production to their current, unsustainable levels. 
This policy pre-dates Trump, certainly, but he has been its most ardent pursuer of it, sanctioning and embargoing everyone he can to keep them off the bid.
What he could never do, however, was push Russia off that bid. 
The reason U.S. production rates are unsustainable is because their costs are higher per barrel than the marginal price especially when all other prices are deflating.  Simple, straightforward economics.  
All of this adds up to Russia holding the whip hand over the global market for oil.
The ability to say, “No.” 
And they will have it for years to come as U.S. production implodes.  Because they can and do produce the marginal barrel of oil.   
That is why oil prices plunged as much as 10% into today’s close on the news they would not cut production. 
There is a cascade lurking beneath this market. There is a lot of bank and pension fund exposure in the U.S. to what is now soon-to-be non-performing fracking debt.
Liquidations will begin in earnest later this year.
And like clockwork, it appears that repercussions have already begun to emerge just three days after Moscow laid down the law over production cuts.




Monday, January 13, 2020

Millennials find a ray of light as Judge opens crack into being able to discharge student loans through bankruptcy

It doesn't take biblical wisdom to realize that debtors are always slaves to the lenders.  And when the Federal Government took control over nationalizing the student loans process back under the Obama Administration, it set in motion the potential for an entire generation of Americans to become indentured servants to Washington.


Diabolically as well, one of the primary reasons President Obama wanted his administration to seize control over the student loan program was to be able to provide unlimited money to millennials at a time when the nation was deep in recession following the 2008 financial crash.  Because by providing an outlet for young Americans to 'hide out' on campuses instead of potentially protesting in the streets because there were few available jobs, Obama was able to easily make it through any potential crisis that might have taken place while the central bank was infusing the financial system with tens of trillions of dollars in QE.

Unfortunately, the natural laws of artificially expanding the money supply this way (via the Fed and the Federal budget) had some very real repercussions in two areas of the economy.  First, because the student loan program suddenly expanded in scope to individuals to be able to borrow much more than in the past, universities seized upon this government underwriting by escalating tuition's and fees to astronomical levels.  Thus where a decade prior a student may have left college with less than $30,000 in debt, that number skyrocketed to well over $100,000.


Secondly, the advent of the Affordable Care Act (Obamacare) precipitated the same thing in the medical industry as costs also skyrocketed, and premiums for Obamacare insurance took nearly 20% of many Americans paychecks.

However at least for those Americans who's debt was tied to overwhelming medical costs, there was always the option of bankruptcy to be able to get out from under the burden of their massive obligations.  But for those who's debts were tied to student loans, there was little recourse as Congress had skewed the laws against them to be able to use bankruptcy as a viable safety net.

Until now?

But on January 7, 2020, a New York judge ruled that the $221,385.49 in student loan debt owed by Rosenberg as of November 2019 was dischargeable under chapter 7 bankruptcy. 
“I have a chance now to have a life,” the 46-year-old Rosenberg told Yahoo Finance in an interview. 
A bankruptcy expert told Yahoo Finance that Rosenberg’s case is a watershed in that it dispels the notion that student loans were not dischargeable in bankruptcy. – Yahoo Finance
For what appears to be a first in the more than 40 years of government intrusion over bankruptcy laws, a judge has ruled against that the legislative branch by putting a crack into a system that has 'enslaved' a generation of Americans under the weight of nearly unpayable debts.

Sadly for most millennials, knowledge of how their student loan debts have hampered their abilities to experience the American Dream has been understood for more than a decade by the very same government who helped create their situations.  And while some Democratic Presidential candidates like Bernie Sanders and Elizabeth Warren pander to millennials by promising that the government will erase their debts if they get voted into office, the reality is that most political promises never manifest the way they think, and instead their best option may be in this small innocuous court ruling early here in 2020.