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Originally posted by Agit8dChop
What happens to people in countries when they go bust and they have debt...
IE, If a country is ultimately heading to chaos on the finance sector, should someone work their titties off to get rid of all debt before it occurs? or will their debt just be meaningless when the finance sector collapses?
Originally posted by canDarian
What if those FEMA camps are really debtors prisons.
Originally posted by Rocker2013
reply to post by WonderBoi
You know what's very interesting?
When that was published in Nov 2012, he stated that the national debt would rise to $16 trillion very soon. It's now July 2013, and you are approaching $17 trillion.
In less than a year, you have gained about another trillion in debt, and I saw a report that the US pays more than $1 billion a day in interest.
By my estimation, the US national debt is rising by about $400,000 every minute.
This is why so many outside of the US have been pointing out the inevitable collapse of the American financial system, and the only thing keeping this game going is the ignorance of the public thanks in no small part to the silence of the media.
It's almost funny to see someone in his position in the US raising the alarm, because millions of others around the world would read that and say "DUH! Dumb a**, ya think!?"
Forget prepping for natural disasters and some imagined war, Americans should be prepping for the collapse of the economic system, complete and utter civil breakdown and another American revolution - that's what your government is planning for with the NSA right now.
Originally posted by WonderBoi
When i was a kid, you could buy a small bag of assorted candy, at the candy store, for a penny; and i'm not that "old".
Originally posted by QuantriQueptidez
reply to post by GargIndia
It means we'll be forced to either admit defeat, allow another currency to circulate in superior numbers than the USD (lose reserve currency status), and devalue the dollar relative to this new currency, else go to war to defend our belief of still holding a superior position to any other power in the world.
I'm not sure the controllers have figured out which way to shape this. They only control so much. In some ways they are being proactive, and in other ways are reacting to forces outside of their control.
I think you're correct that some of their power moves line up with preparing for war, but you must realize they think in terms of multiple contingencies. It's not set in stone. . . yet.edit on 29-7-2013 by QuantriQueptidez because: (no reason given)
Originally posted by GargIndia
It seems like war to me. Hoarding metals. Emergency preparations by FEMA and DHS.
If China stops honoring US dollar for export, there will be shortages of goods in the US. This can cause civil unrest, specially if combined with joblessness.