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REPORT ABUSIVE REPLY
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Message Subject
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If Dollar Crashes/Collapses, What Happens to Mortgage & Credit Card Debt?
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Poster Handle
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JoeNeubarth |
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Post Content
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The dollar is being collapsed by design to usher in a New World Currency.
You can bet your ass debt will be transfered over to this new system, should it come to pass.
My guess is they will offer settlements/reduced rates under this new system to try and get people to go along with it.
Quoting: Anonymous Coward 1136370You have already seen that. If you have not refinanced your mortgage to under 4%, you are a fool. We are seeing massive DEFLATION in this country right now. Sometime in the future, we will see INFLATION. Those people who have bought property just before the INFLATION hits will be the new millionaires a few years later.
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