For the past few years we have all come to hate banks and bankers. Prior to that everyone loved banks because they kept giving out credit to anyone
and everyone took that money and went out to buy useless toys. Now the party is over and people cannot afford their houses, don't have jobs and cannot
borrow money. The people scream for a solution; but, our national governments only make things worse. The International Monetary Fund has a proposal
that will make all of this go away, they seek to end private lending and have all currencies completely government controlled thereby eliminating the
large national debts that cannot be paid back anyways.
I am directing people to another thread that was already addressing the issues. As for China, they will love it, they will be entitled to real assets
rather than just holding our bad debt and China has been buying our Treasury Bonds which will have to be paid.
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