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So, if the whole world goes bankrupt...

 
Army Strong
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User ID: 1130014
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11/16/2010 08:47 AM
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So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...
"The willingness with which our young people are likely to serve in any war, no matter how justified, shall be directly proportional as to how they perceive the Veterans of earlier wars were treated and appreciated by their country." Gen. George Washington
Anonymous Coward
User ID: 1165995
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11/16/2010 08:49 AM
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Re: So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...
 Quoting: Army Strong


Ah, the 1% top financial elite in the world will have a differing opinion on that.
Army Strong (OP)

User ID: 1130014
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11/16/2010 08:52 AM
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Re: So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...


Ah, the 1% top financial elite in the world will have a differing opinion on that.
 Quoting: Anonymous Coward 1165995



I understand that, and agree that the people who made the loans have the right to be. But, who are they? Do we need them? I guess my point is that between North America and Europe, we certainly make enough food and goods to sustain ourselves, or am I just really out there on this one?
"The willingness with which our young people are likely to serve in any war, no matter how justified, shall be directly proportional as to how they perceive the Veterans of earlier wars were treated and appreciated by their country." Gen. George Washington
Anonymous Coward
User ID: 1166065
United States
11/16/2010 09:10 AM
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Re: So, if the whole world goes bankrupt...
world bankruptcy would be a problem that would cause chaos

NWO will provide the solution for ORDER.

the question is will we accept it?
Anonymous Coward
User ID: 1166051
Belgium
11/16/2010 09:11 AM
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Re: So, if the whole world goes bankrupt...
world bankruptcy would be a problem that would cause chaos

NWO will provide the solution for ORDER.

the question is will we accept it?
 Quoting: Anonymous Coward 1166065

bump
Anonymous Coward
User ID: 638994
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11/16/2010 09:13 AM
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Re: So, if the whole world goes bankrupt...
what I dont get is how anyone could be "broke" or even a country as a whole when money is printed.

explain to me how that makes sense?
Ormazd
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01/03/2011 09:56 AM
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Re: So, if the whole world goes bankrupt...
Historically speaking, nations that undergo financial bankruptcy tend to break up into smaller units

Bankruptcy has ruined every fantastic power.
Wages can no longer be paid or food bought.
Anonymous Coward
User ID: 816382
United States
01/03/2011 10:05 AM
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Re: So, if the whole world goes bankrupt...
Greenback the federal trusts (10 of trillions of dollars) and re-implement Glass–Steagall and lend the trust money but without fractional reserve making soc sec medicare medicade and highway trust funds self perpetuating. Build 6 nuke plants with refineries to convert coal to gasoline at 28 cents per gallons. USA would be self sufficient in energy. Let the derivative markets crumble, they are just gambling houses for the pin stripped bandits on Wall Street. World problems all solved, time for breakfast.
Anonymous Coward
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Slovakia
01/03/2011 10:07 AM
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Re: So, if the whole world goes bankrupt...
what I dont get is how anyone could be "broke" or even a country as a whole when money is printed.

explain to me how that makes sense?
 Quoting: Anonymous Coward 638994


You cannot print money ad infinium without hyperinflation kicking in.
Anonymous Coward
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01/03/2011 10:10 AM
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Re: So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...


Ah, the 1% top financial elite in the world will have a differing opinion on that.



I understand that, and agree that the people who made the loans have the right to be. But, who are they? Do we need them? I guess my point is that between North America and Europe, we certainly make enough food and goods to sustain ourselves, or am I just really out there on this one?
 Quoting: Army Strong


They don't lend any real money, not one thin dime. They just scribble out a check and tell you to pay it back but with interest. That should be illegal for private institutions to do. Especially when only the pin stripped bandits are allowed to do it. Just think about it,imagine if you wee allowed to scribble out phony money into the system and people paid it back to you and with interest on top of that, incredible!

How could they fuck this up is incredible to boot.
Anonymous Coward
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01/03/2011 10:11 AM
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Re: So, if the whole world goes bankrupt...
what I dont get is how anyone could be "broke" or even a country as a whole when money is printed.

explain to me how that makes sense?


You cannot print money ad infinium without hyperinflation kicking in.
 Quoting: Anonymous Coward 1154807


Especially if it's a private banking system owned by maniacs with a dream of ruling all. For no purpose than just being in charge.
Hickory

User ID: 974021
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01/03/2011 10:11 AM
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Re: So, if the whole world goes bankrupt...
Complete and utter chaos if the world banks where bankrupt. Hope we never see this.
You have one life. Live it.
You have one voice, use it.
You have one
:Hickory-1:
J-Rico

User ID: 1116423
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01/03/2011 10:13 AM
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Re: So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...


Ah, the 1% top financial elite in the world will have a differing opinion on that.
 Quoting: Anonymous Coward 1165995


There's only a 1% top financial elite if there's a lower 99% just taking it.

There'll come a point where the 99% might collectively decide to "not take it anymore".
Everyone dies, but not everyone lives.

:moranrico::Rico::moranrico:
Anonymous Coward
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Slovakia
01/03/2011 10:15 AM
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Re: So, if the whole world goes bankrupt...
Complete and utter chaos if the world banks where bankrupt. Hope we never see this.
 Quoting: Hickory



Do you prefer to live further in a BIG lie? Not that much GLP-like lol.
Hickory

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01/03/2011 10:19 AM
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Re: So, if the whole world goes bankrupt...
Complete and utter chaos if the world banks where bankrupt. Hope we never see this.



Do you prefer to live further in a BIG lie? Not that much GLP-like lol.
 Quoting: Anonymous Coward 1154807

What big lie?

What part of my sentence is not GLP like?
You have one life. Live it.
You have one voice, use it.
You have one
:Hickory-1:
Anonymous Coward
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Slovakia
01/03/2011 10:25 AM
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Re: So, if the whole world goes bankrupt...
Complete and utter chaos if the world banks where bankrupt. Hope we never see this.



Do you prefer to live further in a BIG lie? Not that much GLP-like lol.

What big lie?

What part of my sentence is not GLP like?
 Quoting: Hickory


The central banking was the biggest financial lie of the last 300 years history.
YAHUWAH SAVES

User ID: 1100993
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01/03/2011 10:30 AM
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Re: So, if the whole world goes bankrupt...
Can't we just call it even and start over? Not trying to be funny, but it seems that everyone owes everyone money... If Europe fails, if the US Economy fails, well aren't we pretty much the world economy? WTF would China do? Who needs them?

Again, not trying to be funny, but if everyone is broke at the same time, what is the big deal? At least we are all poor together...
 Quoting: Army Strong


You my friend are absolutely right. It's all imaginary Debt.

These people print a dollar for instance. Then say, Ok, you owe us 4% on that dollar. Were the heck is the 4% to pay back. Oh, we'll print more and charge someone else 4% and you'll get it from them and pay it to us. Then round and round it go's.

There is no debt it's imaginary. It's a hoax. All they would have to do is say. Ok. Let's start over.

Don't be surprised if a Knight in Shining Armour comes and everything suddenly gets better. Kinda like the Oil disappearing.

This will put everyone back to sleep that's half way awake and some who are fully awake. Then the real trouble begins. Everyone will start living the High Life again. Then they'll bring down the hammer.

No matter how good things get and look. PREPARE!!
"To harm another, is to harm ones self." ~Socrates

"Love your brother like your soul, guard him like the pupil of your eye."


Alternative News:
[link to www.reddawnpost.com]
YAHUWAH SAVES

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01/03/2011 10:30 AM
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Re: So, if the whole world goes bankrupt...
bump
"To harm another, is to harm ones self." ~Socrates

"Love your brother like your soul, guard him like the pupil of your eye."


Alternative News:
[link to www.reddawnpost.com]
Norwegian Hemp

User ID: 1214635
Norway
01/03/2011 10:40 AM
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Re: So, if the whole world goes bankrupt...
If the banks crashed:

Would the animals die?
Would the sea dry up?
Would the sun never rise again?
Would rain stop to fall?
Would the grass stop growing?
Would the rivers no more flow?
Would the birds stop singing?
Would .........
Anonymous Coward
User ID: 1154807
Slovakia
01/03/2011 10:46 AM
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Re: So, if the whole world goes bankrupt...
If the banks crashed:

Would the animals die?
Would the sea dry up?
Would the sun never rise again?
Would rain stop to fall?
Would the grass stop growing?
Would the rivers no more flow?
Would the birds stop singing?
Would .........
 Quoting: Norwegian Hemp


All the payed services would.
Anonymous Coward
User ID: 812359
Netherlands
01/03/2011 10:47 AM
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Re: So, if the whole world goes bankrupt...
Complete and utter chaos if the world banks where bankrupt. Hope we never see this.
 Quoting: Hickory

True.
Norwegian Hemp

User ID: 1214635
Norway
01/03/2011 10:52 AM
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Re: So, if the whole world goes bankrupt...
If the banks crashed:

Would the animals die?
Would the sea dry up?
Would the sun never rise again?
Would rain stop to fall?
Would the grass stop growing?
Would the rivers no more flow?
Would the birds stop singing?
Would .........


All the payed services would.
 Quoting: Anonymous Coward 1154807


If there are no banks, u cant pay for anything?
Anonymous Coward
User ID: 1154807
Slovakia
01/03/2011 10:54 AM
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Re: So, if the whole world goes bankrupt...
If the banks crashed:

Would the animals die?
Would the sea dry up?
Would the sun never rise again?
Would rain stop to fall?
Would the grass stop growing?
Would the rivers no more flow?
Would the birds stop singing?
Would .........


All the payed services would.


If there are no banks, u cant pay for anything?
 Quoting: Norwegian Hemp


... BY anything. The settlements would fail.
DowJonesAce
User ID: 1198492
United States
01/03/2011 11:06 AM
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Re: So, if the whole world goes bankrupt...
Awesome Thread!! Love this type of question because it shows someone being sincere and some people that are just TRULY IGNORANT, by choice of the normalcy bias. No one wants to accept that we have been fooled in the scam of money creation.

OP - We owe the $ to the top 1% of the global population. And even that is a lie because if we break it down its less than a quarter of a percent of the entire planetary population.

They OWN everything in THEORY kinda like a COLLEGE DEGREE that verifies ONLY that you went to school and met standards set to measure your achieved knowledge based on technical derivatives of a subject. Well that is kinda how finance works. The top 1% set the standards (aka INTEREST RATES and CASH FLOW). The rest of us simply follow a technical process that creates a whole known as debt because we have to borrow any money to pay for anything. There is never any BASE PRINCIPLE that is even touched in ANY BANK. It is all simply created through credit issued to your account. Checks are bills of credit, just like reserve notes.

Now real money is GOLD and SILVER which the constitution CLEARLY states. But the term MONEY is used vaguely in reference to debt and other fiscal responsibilities, in order to make the rest of the 99% of the global population to believe that it REALLY OWES this kind of wealth to people who simply CREATED a way they didnt have to work to survive.
DowJonesAce
User ID: 1198492
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01/03/2011 11:09 AM
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Re: So, if the whole world goes bankrupt...
If the banks crashed:

Would the animals die?
Would the sea dry up?
Would the sun never rise again?
Would rain stop to fall?
Would the grass stop growing?
Would the rivers no more flow?
Would the birds stop singing?
Would .........
 Quoting: Norwegian Hemp

I know one thing, trees will still grow their fruits. So just learn to climb and you can still eat.
Anonymous Coward
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United Kingdom
01/03/2011 11:15 AM
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Re: So, if the whole world goes bankrupt...
How could they fuck this up is incredible to boot.
 Quoting: Anonymous Coward 816382


No fuck up but planned. They are now buying more assets with the fake money you made for them.
NY1523
User ID: 4120474
United Kingdom
10/27/2011 02:21 AM
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Re: So, if the whole world goes bankrupt...
It is amazing that we are unraveling DNA, putting people into space for holidays but can't figure out how to balance a checkbook. We need to put the scientists into prestigious business schools. It's all very sad, really on so many levels.