I saw Anthony Pompliano, also known as Pomp, talking about this on his podcast. Apparently, US Commerce Secretary Howard Lutnick came out publicly and announced the US had officially sold one thousand Gold Cards to foreign nationals—all in one single day.
A number hard to believe, I’ll grant you, but it does make us think about the possibilities here. We’re also being told there are about 37 million people in the world who can afford paying 5 million dollars to get a green card, to jump in front of the line if you will. That’s another figure I have a tough time digesting.
So what’s the plan?
The idea is to fix the deficit, of course. We’ve been hearing for decades now that the country is going bankrupt. After Bush took office, the deficit just rocketed out of control. Crypto enthusiasts know this all too well, since crypto itself was born out of that grim reality.
The administration believes they can sell one million cards. In other words, they claim a million millionaires out there are willing to buy themselves the golden ticket. This I seriously don’t believe, but then again, who knows?
The truth is, if the US did sell a million cards, that would give the country 5 trillion dollars in revenue. Insanity.
What do you guys think? Smoke and mirrors, wishful thinking, or could this actually be the fix we need for the deficit mess?
I just read your comment and that's exactly what I was thinking.
Do we really want these people? Do we want them voting for more legislation that supports the 1%? Do we want them running their schemes from our soil? Preying perhaps on our citizens?
Just because they are rich doesn't mean they are not criminals. Quite the contrary. How did they get so much money that 5 million dollars is disposable income?
Why do they want to come here? Is it to build our nation, or to exploit the human, financial, and physical resources of the land?
Who is vetting these people? Is it just 5 million, no questions asked?
Plus, can you imagine what that will do to real estate values? All those wealthy people buying up property at top dollar.
No. May pay off the debt but bring a plague of parasites on our head.
You know what sounds amazing?
We grab all the oligarchs around the world, and we invite them at the table here. They can do as they please here. All is fair game.
What could go wrong?
Only thing required is the price of admission. After that, it's a rich man's/woman's playground.
It also raises the question of US starting a Crypto reserve. Coincidence or a good look at all new Crypto Millionaires. At this point I know that, "Anything that can happen, may happen" - Murphy's law
uncharted waters fo sho
I don't know if it's true, I try to stay away from the news these days (for a few days at least), but the US is not the only doing this. If it's true, the question is, can he keep them there? Or make them transfer their businesses and wealth in the US? With the crazy politics going on these days ...
the logistics have not been explain as far as I know. I'm also skeptical of those numbers to be honest.
That being said, I keep thinking that shady people might end up making the US their headquarters too. Russian oligarchs? Who knows...
Knowing how Russian friendly Trump is ... everything is possible. He's against the whole world, except Putin and Russia.
oh, there's a whole conspiracy there. Some are claiming Trump is a Russian asset.
It will be a good experience
I think that Singapore has done the same process to bring very rich people in the country.
Only the future will tell if it will be a good or bad things. The only problem is that the actual team in charge of the country USA will change at some point and the opposition is going to change every thing the current team try to build. So let pray that the innocent does not get wipe out in these unchained politic reforms.
Peace
VIP pass to America for the ultra- rich. But hey, if it actually fixes the deficit, maybe it's genius… or just another crazy scheme by one and only Trump