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Message Subject Financial system RESET and end to debt slavery starts within weeks?
Poster Handle Anonymous Coward
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This is a interesting concept.

But the reason that I think it won't happen is that the financial system is bogus anyway. It's like Las Vegas.

People lend money, and they are able to lend more money based on the money they are owed.

Sort of like "net worth" is based on how much your house is worth, even though you are still paying on it. If suddenly your home is worth "0" now your net worth is, in most cases, "0"

In biblical days every 7 years your debts were forgiven. I could go for that, start the game of life over on square one, but I can't see that happening.

TPTB would go broke if this happened. They don't care if we are poor, but they don't want that for themselves.

It sounds good, but can't you see the riots? This would truly "even the playing field" and the only people that this would benefit is the poor.
 
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