Starting over financially

reply to post by LordBucket


I was referring to the Jews forgiving debt to other Jews. You are
right in what you stated, I just didn't elaborate on that. All other debt
owed to a Jew was still owed. Debt was only cancelled between Jews.

Debt is going to be cancelled anyway, or people are going to lose what they used credit to buy. People are just going to go bankrupt. Not only CAN debt be forgiven, but it will definitely be forgiven when people are going bankrupt right and left. It's called a discharge. BTW, how many billions of dollars of debt has the US forgiven for foreign countries this year? It's our turn.

speaking of

if u r considering filing bankruptcy
you may want to reconsider putting
that off for a few months. If we do have
a global meltdown, u will get bad debts
eliminated anyway. So if u file for bankruptcy
now, ur just wasting ur money.

Spend that money on fuel, food, guns, ammo
and metals. Something that will transcend
the meltdown.

just thinkin out loud here

It sounds entirely possible to forgive all debt given one basic assumption - that the entire monetary concept is replaced by a completely new value and exchange system. Not a new currency but a new value system - maybe we could exchange valuable information for goods and services.

gj

Originally posted by hinky

How does a third world country, you pick one, lacking in natural resources, survive?

If a global economic reset button was pushed, countries such as Russia, Canada, The USA, and several oil producing countries would be winners, again, due to availability of natural resources. Countries such as Japan would be a huge loser. China would need a way to supply natural resources and food not using it's vast financial power it currently has.

This is a great idea, but....

But the spanner in your opinion comes in the guise of "Free energy" (see link here www.free-energy.ws...)

It would mean that countries would have to hit the reset button financially speaking because the scarcity value of energy would deplete, enebling 3rd world countries a chance to develop themselves out of poverty and debt.

As a bonus, there would be no leverage of resources as a tool of control, gain superiority or have a reason to go to war.

All good in my opinion. - read the article in the link above it explains more detail.

Fulford says that there is massive funding in the offing for these free energy devices waiting to start development in china and japan but it will effectively mean TPTB relinqueshing all control of all, mostly smaller and reliant, countries affairs - and a lot of big ones too.

The fall out would not be overnight but as economies become less reliant on the price sensitive energy costs, this is one factor that will enable governments, companies and individuals to develop "off the grid" at very little on-going cost. Note that the average energy cost for a family over a generation is $250k whereas a free energy generator would cost about $3-5k

This will serve the purrpose of freeing these entities from the need of having to get into debt. For example, I could go any buy a plot of lland in the middle of nowhere at 1/10th the cost of buying it in the city and live off the grid (you can do this now but it's expensive - solar, wind, drilling for water etc would easily cost about $50k for the essentials alone)

Governments could terraform large areas of land to create new habitable land.
Companies energy bills would be slashed allowing them to invest the capital saved.

Also a note on the nostradamus note earlier in this thread regarding Gold:

Revelations and subsequent testimony at the CFTC hearing last week on gold manipulation, which basically conceded that 100 times more gold is traded than actually exists, will eventually produce a massive short squeeze in physical gold. (A short squeeze means that players who are 'short', i.e. those that owe gold to someone else but don't actually have any, will be forced to buy gold on the spot market to honour their contracts. Either that or default.)

There are no national debts, only national scams. The debts are owed by the NWO to humanity.