A Momentary Clearing of the Fog
May this help to be a beacon to navigate through the fog:
Thanks for this. I had no idea the repo market was so close to collapse last September. Can anyone advise: in the event of a financial market collapse would a person want to have a mortgage on their house or not?
In a deflationary event, you do not want to be in debt. Generally speaking, a financial market collapse = deflation.
If they do it correctly, a deflationary event results in the mass transfer of ownership of assets (houses, land, cars, etc) from the debt slaves to the banksters.