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Originally posted by redtic
Yeah, by "we" I guess I meant a collective "we", as in the human species. But I understand your point. The sad truth, though, is that, willingly or unwillingly, most of us have been complicit in some fashion...
Originally posted by Elliot
If there is more debt in the world than actually exists to pay it back, then the money must have been fraudulently lent and so does not exist. Following this logic, the debt therefore does not exist.
Someone has been lending money they don't have fraudulently!
Now, they are attempting to claw back something they never had to lend in the first place!
Now fraud, isn't that something the police get to deal with!
Originally posted by dothedew
The sad part is that i expect this to happen very soon. Eventually itll be like Germany after ww1, with kids making little play houses with stacks of worthless money. And people wonder why im not worried about saving money for my retirement....
I remember reading in the news a while back, when they came out with the new 100 dollar bill, someone commented "ok. The new 100. It costs 105 to print, and is only worth about 85..."edit on 21-3-2013 by dothedew because: added note