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Originally posted by tide88
reply to post by WISHADOW
The funny thing is you all think this is an american problem. Europe may be worse off then the US. It just hasnt hit as hard there YET. BTW the USA will be fine. Also only 25% of the total debt is owned by foreign contries. And yes by gross external debt we rank number 1. However look at this chart. UK percentage of external debt is a whopping 376% or 189,855$ per capita. Germany 159%, France 211%. There are also many other contries on the list way worse off then the USA. The Debt we have is large, but we are far away from having to declare bankruptcy. And even if we did, you have to be crazy if you think we would just give up our land. I dont care what is says on a piece of paper. I would like to see someone try to come and claim that land or people. It would be an all out war and probably the end of the world. BTW if we are using our land or anything else as collateral, they would just hold a lean on those items. They wouldnt actually have ownership until default.
lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1][2] The collateral serves as protection for a lender against a borrower's risk of default - that is, any borrower failing to pay the principal and interest under the terms of a loan obligation. If a borrower does default on a loan (due to insolvency or other event), that borrower forfeits (gives up) the property pledged as collateral - and the lender then becomes the owner of the collateral
[edit on 14-2-2009 by tide88]
Originally posted by tide88
reply to post by WISHADOW
The funny thing is you all think this is an american problem. Europe may be worse off then the US. It just hasnt hit as hard there YET. BTW the USA will be fine. Also only 25% of the total debt is owned by foreign contries. And yes by gross external debt we rank number 1. However look at this chart. UK percentage of external debt is a whopping 376% or 189,855$ per capita. Germany 159%, France 211%. There are also many other contries on the list way worse off then the USA. The Debt we have is large, but we are far away from having to declare bankruptcy. And even if we did, you have to be crazy if you think we would just give up our land. I dont care what is says on a piece of paper. I would like to see someone try to come and claim that land or people. It would be an all out war and probably the end of the world. BTW if we are using our land or anything else as collateral, they would just hold a lean on those items. They wouldnt actually have ownership until default.
lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1][2] The collateral serves as protection for a lender against a borrower's risk of default - that is, any borrower failing to pay the principal and interest under the terms of a loan obligation. If a borrower does default on a loan (due to insolvency or other event), that borrower forfeits (gives up) the property pledged as collateral - and the lender then becomes the owner of the collateral
[edit on 14-2-2009 by tide88]
Originally posted by tide88
reply to post by Chevalerous
Guess time will only tell. People apparently have been saying the US has been bankrupt since 1933. Seems to me like they have been getting along pretty well since then. But go ahead and keep predicting the end of the USA, we are used to it by now.
WTC Attack - Some Serious Questions - Sierra Times.com
With all the conspiracy theories floating around, a recent article has been published that might make even the most sheepish sheeple begin to scratch their heads. There clearly is more going on than someone is telling us. An article from the New York Daily news is frightening -- once you begin to look at the evidence. Let's go over this in detail, giving the government the complete benefit of the doubt.
Follow the Gold
angelsfortruth.com...
Follow the Stocks
angelsfortruth.com...
Originally posted by LostNemesis
So, the link contains plenty of info that many of us already know. But at the same time, others have tried to inform about this stuff and have failed...
Good luck, star and flag from me.
In return, the Federal Reserve System agreed to extend the federal United States corporation all the credit "money substitute" it needed. Like any other debtor, the federal United States government had to assign collateral and security to their creditors as a condition of the loan. Since the federal United States didn't have any assets, they assigned the private property of their "economic slaves", the U.S. citizens as collateral against the un-payable federal debt. They also pledged the unincorporated federal territories, national parks forests, birth certificates, and nonprofit organizations, as collateral against the federal debt. All has already been transferred as payment to the international bankers.
This is powerful stuff..
But then would it go against the reality then, that they want to reduce our numbers, if we have been 'sold'?
Originally posted by Hx3_1963
Welcome to The Real Matrix: Time for The Red Pill?
With the World in a Global Economic/Financial Meltdown and People in Denial, I will Share What Many Have Known for Years.
Many of You Have Heard of This, and, I Congratulate You on Your Choice of Taking The Red Pill Prior to These Current Events.
Originally posted by Hx3_1963
reply to post by LostNemesis
This might be a Point of Contention for Some in "The Group", being as, "They", Need our Output to Support, "Their", Continuing "Pyramid of Power".
I Suppose the Weak/Sick/Elderly Would be Expendable, as They Would be a Drain on "Their" New System.
[edit on 2/14/2009 by Hx3_1963]
Originally posted by tide88
reply to post by WISHADOW
The funny thing is you all think this is an american problem. Europe may be worse off then the US. It just hasnt hit as hard there YET. BTW the USA will be fine. Also only 25% of the total debt is owned by foreign contries. And yes by gross external debt we rank number 1. However look at this chart. UK percentage of external debt is a whopping 376% or 189,855$ per capita. Germany 159%, France 211%. There are also many other contries on the list way worse off then the USA. The Debt we have is large, but we are far away from having to declare bankruptcy. And even if we did, you have to be crazy if you think we would just give up our land. I dont care what is says on a piece of paper. I would like to see someone try to come and claim that land or people. It would be an all out war and probably the end of the world. BTW if we are using our land or anything else as collateral, they would just hold a lean on those items. They wouldnt actually have ownership until default.
lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1][2] The collateral serves as protection for a lender against a borrower's risk of default - that is, any borrower failing to pay the principal and interest under the terms of a loan obligation. If a borrower does default on a loan (due to insolvency or other event), that borrower forfeits (gives up) the property pledged as collateral - and the lender then becomes the owner of the collateral
[edit on 14-2-2009 by tide88]
Originally posted by questioningall
reply to post by Hx3_1963
WOW - that really hit..... I knew many things before, but LEARNED many MORE from that document!!
S and F for you!
So.... did I get it correctly? NONE of us ACTUALLY own the homes/land etc. we pay on?