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originally posted by: Chewingonmushrooms
originally posted by: MarlinGrace
a reply to: 727Sky
So the real debt question is who has all this money owed by the major powers? This many trillions has to be somewhere, rather paper or computer (digital money) where is it?
That's the trillion dollar question that will never be answered. Who owns the Fed, IMF and World Bank? Who owns the major multinational corporations? Who inserts the 00000's into the world's digital accounts? Who indeed. If the world is bankrupt who are the creditors? Aren't the creditors by very definition a part of this world, so who does the "world" owe this money to? The idea of credits in the form of currency that can be manipulated and that is rigged to benefit the extreme few, is an idea based on insanity, yet people are more afraid of the possible options then they are of the current reality (which will lead to possible extinction). It's the frog in the slowly boiling pot syndrome.
originally posted by: yorkshirelad
originally posted by: MarlinGrace
a reply to: 727Sky
So the real debt question is who has all this money owed by the major powers? This many trillions has to be somewhere, rather paper or computer (digital money) where is it?
That's easy, we do! Our "future" cash bought today's bonds that creates the flow of capital called QE.
So it's our pensions that own the debt.
originally posted by: ThoughtIsMadness
If the money is printed out of thin air, and the worlds corporations borrow it or borrow against it at interest then who is to be paid for it? There is no such thing. It is all a ponzi scheme. That is the real kick in the pants. They all did this together so that a very few could get rich before it collapses.
a reply to: Chewingonmushrooms
originally posted by: Shana91aus
All money does (or lack of) is cause problems!
originally posted by: Chewingonmushrooms
originally posted by: MarlinGrace
a reply to: 727Sky
So the real debt question is who has all this money owed by the major powers? This many trillions has to be somewhere, rather paper or computer (digital money) where is it?
That's the trillion dollar question that will never be answered. Who owns the Fed, IMF and World Bank? Who owns the major multinational corporations? Who inserts the 00000's into the world's digital accounts? Who indeed. If the world is bankrupt who are the creditors? Aren't the creditors by very definition a part of this world, so who does the "world" owe this money to? The idea of credits in the form of currency that can be manipulated and that is rigged to benefit the extreme few, is an idea based on insanity, yet people are more afraid of the possible options then they are of the current reality (which will lead to possible extinction). It's the frog in the slowly boiling pot syndrome.
They don't think, they don't imagine, most of them can't even spell, they just run things.
originally posted by: TheConstruKctionofLight
a reply to: MarlinGrace
one Banking family, Rothschild. And if anyone thinks debts will be forgiven think again. The debt will be collaterized against hard assets.
originally posted by: nenothtu
a reply to: MarlinGrace
It has been said, and not without justification, that when a man has nothing left to lose, he is a very dangerous man indeed.
There's nothing left to use to hold him in check.
They probably ought to think about that for a bit.
originally posted by: nenothtu
originally posted by: TheConstruKctionofLight
a reply to: MarlinGrace
one Banking family, Rothschild. And if anyone thinks debts will be forgiven think again. The debt will be collaterized against hard assets.
That leads to yet another question - whose going to enforce and collect it? I know that if I'm holding the gun, and I'm in debt to you, and you decide to call in my debt by forcing my gun into play... but everyone else is in debt to you, too, and they all say "SCREW YOU, WE AIN'T PAYIN' " You'll soon be looking down the wrong end of my gun, as it will be switched to the obviously winning side.
I don't see any percentages there, unless they've got a dynamite backup plan to take on the whole world, and all it's guns.
Alone.
originally posted by: TheConstruKctionofLight
a reply to: MarlinGrace
one Banking family, Rothschild. And if anyone thinks debts will be forgiven think again. The debt will be collaterized against hard assets.