So, if the whole world goes bankrupt... | |
Anonymous Coward User ID: 1165995 United States 11/16/2010 08:49 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Army StrongAgain, 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. |
Army Strong (OP) User ID: 1130014 United States 11/16/2010 08:52 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Anonymous Coward 1165995Again, 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? "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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1166051 Singapore 11/16/2010 09:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 638994 United States 11/16/2010 09:13 AM Report Abusive Post Report Copyright Violation | |
Ormazd User ID: 1215645 United States 01/03/2011 09:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 816382 Canada 01/03/2011 10:05 AM Report Abusive Post Report Copyright Violation | 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 User ID: 1154807 Slovakia 01/03/2011 10:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 816382 Canada 01/03/2011 10:10 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Army StrongAgain, 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? 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 User ID: 816382 Canada 01/03/2011 10:11 AM Report Abusive Post Report Copyright Violation | what I dont get is how anyone could be "broke" or even a country as a whole when money is printed. Quoting: Anonymous Coward 1154807explain to me how that makes sense? You cannot print money ad infinium without hyperinflation kicking in. 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 United States 01/03/2011 10:11 AM Report Abusive Post Report Copyright Violation | |
J-Rico User ID: 1116423 United States 01/03/2011 10:13 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Anonymous Coward 1165995Again, 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. 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 User ID: 1154807 Slovakia 01/03/2011 10:15 AM Report Abusive Post Report Copyright Violation | |
Hickory User ID: 974021 United States 01/03/2011 10:19 AM Report Abusive Post Report Copyright Violation | Complete and utter chaos if the world banks where bankrupt. Hope we never see this. Quoting: Anonymous Coward 1154807Do 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? You have one life. Live it. You have one voice, use it. You have one :Hickory-1: |
Anonymous Coward User ID: 1154807 Slovakia 01/03/2011 10:25 AM Report Abusive Post Report Copyright Violation | Complete and utter chaos if the world banks where bankrupt. Hope we never see this. Quoting: HickoryDo 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? The central banking was the biggest financial lie of the last 300 years history. |
YAHUWAH SAVES User ID: 1100993 United States 01/03/2011 10:30 AM Report Abusive Post Report Copyright Violation | 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? Quoting: Army StrongAgain, 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... 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 User ID: 1100993 United States 01/03/2011 10:30 AM Report Abusive Post Report Copyright Violation | "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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1154807 Slovakia 01/03/2011 10:46 AM Report Abusive Post Report Copyright Violation | If the banks crashed: Quoting: Norwegian HempWould 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. |
Anonymous Coward User ID: 812359 Netherlands 01/03/2011 10:47 AM Report Abusive Post Report Copyright Violation | |
Norwegian Hemp User ID: 1214635 Norway 01/03/2011 10:52 AM Report Abusive Post Report Copyright Violation | If the banks crashed: Quoting: Anonymous Coward 1154807Would 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? |
Anonymous Coward User ID: 1154807 Slovakia 01/03/2011 10:54 AM Report Abusive Post Report Copyright Violation | If the banks crashed: Quoting: Norwegian HempWould 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? ... BY anything. The settlements would fail. |
DowJonesAce User ID: 1198492 United States 01/03/2011 11:06 AM Report Abusive Post Report Copyright Violation | 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 United States 01/03/2011 11:09 AM Report Abusive Post Report Copyright Violation | If the banks crashed: Quoting: Norwegian HempWould 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 ......... I know one thing, trees will still grow their fruits. So just learn to climb and you can still eat. |
Anonymous Coward User ID: 1212633 United Kingdom 01/03/2011 11:15 AM Report Abusive Post Report Copyright Violation | |
NY1523 User ID: 4120474 United Kingdom 10/27/2011 02:21 AM Report Abusive Post Report Copyright Violation | |