What Would Happen If The Economy Completely Collapsed And No On Could Pay Their Mortgages?

People would worry more about not paying their mortgage than not having anything to eat.

Because people are tarded like that.

fema camp

People don't wanna live out on the streets?

you get ass thrown out as it should be....

the house will be forclosed, then you will be taken to camp fema, later you will be gassed and put in a mass grave so you wont strain the resources of the war effort.

Do not pretend that a collapse somehow helps you.

You will get fucked.

Last Edited by bender rodriguez on 05/05/2015 11:22 AM

in the fema camps they will harvest organs and convert the remains to food for livestock and soldiers... and fertilizer.

the banks would take all the homes and land and the people would starve.

an uprising like the world has never seen...that's what would happen!

The banker's enforcers would come and throw your butts into the street, take all your stuff and shoot you if you try to do anything about it.
~Enjoy~

Fema camp, fema camp, fema camp. People will be lining up to do government work in exchange for food and shelter. Sad really.

It has collapsed already.

We would take our military and go to Europe and confiscate the wealth of the royals and the Rothchilds and set everything right again.

dont kid yourself, the masters dont care if you burn down the cities,it matters not,just saves them money on demolition.

That was you taking a dump in your pants.

Another tax payer funded payout or more likely massive money printing inflation to create a bail-out for investors.


Most mortgages are packaged into financial products and sold as safe investments to millionares and billionares who like the stream of passive income that comes from them.


When there is a massive mortgage payer default, the rich aren't getting their passive income stream.

So they go to either

1. Congress to pass a bail out bill to give them money..

OR

2. The federal reserve to print money and buy up these junk financial products at 120% of their actual value.

that's what families are for

Yes as has happened on the small scale in America a few times in the last 200 years, then the bondage, degredation, desperation, family destruction etc etc follows, this is where banksters come into their satanic own, as lovers of money and power, not life or liberty

Well it's just what I see around here and traveling have fun ill be fishing in Alaska at my cabin next year after I sell my home enjoy Hillary Clinton.

How will they kick everyone out? Why would they? It would make more sense to let people continue to live in their homes until and if and when things got better or somewhat normal again and then maybe resume their payments. I don't know. I'm just throwing it out there to see what everyone else thinks.

The banks that hold our mortgages would still expect payment and they're certainly not going to give us a free pass. It would be like the great depression where millions of people would be on the roads, homeless, their cars & trailers packed to overflowing with all their worldly possessions, traveling the country looking for opportunity and work.

The collapse in 2008 had so many foreclosures involved it took a couple years to catch up to a lot of people. Those people lived in their homes for a while. We're talking about a massive collapse. What would happen then. Could they even do anything at all?

There wouldn't be any banks in a complete economic collapse.

That's what I'm talking about.

If the dollar collapses, IMO then the debt like credit cards and mortgages will be voided.

Here's why. Credit cards and mortgages are to be paid in dollars. And if bank accounts, 401ks, and other investment instruments owned by people are made worthless because the dollar collapses, then mortgage and credit cards are exactly the same just that they are held by banks instead of people. Think of bank accounts, 401k's and other investment instruments as debts owed by banks to us.

So if debts held by people are made worthless then the debts held by banks should be worthless too, unless through the magic of crony capitalism, banks try to steal their cake and eat it too.

WARNING: If our savings are made worthless and they try to save the debts owed to the banks, this will be an attempt to turn us into actual slaves and there will be civil war.



Last Edited by Pheculatus on 05/05/2015 12:11 PM

The people that work for the banks will be in the same situation as everyone else. Will they kick themselves out of their houses? The reset is close at hand.

Many would die. You'd like that huh?

In a conversation about the Great Depression of the 1930's I was told one thing I never forgot. The banks first went after the properties where their mortgages that were mostly paid off. These properties were well kept by home owners who never missed a payment. That way they got real steals on great properties, as these types of folks were honest and were blindsided by rapracious banksters. Never saw it coming, after all they expected some leniency for all those years of on time payments. WRONG! Then the banksters went after the low hanging fruit.

You're an idiot.