Our Nation's Debt Doesn't Exist

Well maybe on paper it does, but who created it?

People need to calm the heck down, but in the same sense need to wise up.

This is all a fiat illusion.

TBTB create the problems themselves at the top, then come up with solutions, and some people actually think their Idols are wonderful because of the bone they have been tossed. ( Hurray! The Government is open Again we're saved ) Smh!

The money/debt never existed in the first place, TPTB created it and control it.

What's funny is so called experts will argue the debt is there, and people will believe it blindly. Sigh.

How many people read TheBandit's thread about the Federal Reserve explained in 3 minutes?

www.abovetopsecret.com...

Yes the market can crash, but do any of you realize where the true value of anything is?

Your time and sweat equity, everything else is just a promissory note, in good faith and that faith has been undermined for years and years.

Stop with the affliction of panic, chaos, and the world is going to end, because even if everything in the world crashed financially. Guess What?

You would still exist and be the same person, well hopefully much more wise.

And most likely you sure the hell wouldn't want to trade your time for more BS promissory notes. It would be time for a whole new way of life.

You could choose a one world currency from TPTB, because you are still afraid, or another way of trading time for things really needed in life.

Ask yourself this question right now.

How much of your life have you already wasted trading precious time in your life for money that can disappear in a split second?

( End of Rant )


Peace,

RT

Tell that to China and the EU.

I think your argument made a lot more sense when school had wood shop, metal shop and home economics as standard/electives to help maintain a basic level of technical ability across the American population.

Life without money would mean making your own, fixing your own or doing without until someone finds another commonly agreed standard of trade for service/labor/time of others to make it.

30 years ago? Well, it would have played like the song in most of America. 'A country boy will survive'...

Now? I have literally heard some of the two legged wonders of the modern society questioning the very need for such things as libraries. After all, I've heard said, we have the net to just look stuff up. What a waste of paper and real estate. .....Laugh? Or cry?... I think I just walk away more often than not these days.

Brick walls and head bashing comes to mind in some moments.

S&F

I keep asking that to people around me; how come so many countries are in debt?
Who are they indebted to?

Now I'm not exactly a money expert but I have a strong feeling we are being screwed over here.

damwel
Tell that to China and the EU.

Yes that's clever. Borrow an insane sum of money to pretend your nation is rich, and then claim the debt doesn't exist.

I think we all have a deadbeat relative who lives with this same life plan.

damwel
Tell that to China and the EU.

That is the story they keep telling you over and over and over, so I guess if someone says it long enough it's true then.


Maybe we all need to cut down on our food, sleep and tighten our belts, work 100 hours a week, get paid less, so we can pay off debt they most of us had no control over in the first place. ( end of sarcasm )

Jefferton

I think we all have a deadbeat relative who lives with this same life plan.

Yes that is what TPTB have brainwashed the minions of the world to think.

Looks like it's working well.

reply to post by Realtruth


Your half right or maybe 3/4 . The debt we owe to the federal reserve doesn't exist. The money we owe to China and Japan does exist. If we don't pay them there is going to be problems.

Yes well to other countries we are in debt to, it is like being in debt to a bank. You borrow money from them and they expect it to be paid back, with interest, if you cant they have the right to take your possessions and eventually put you in jail. That is the value of debt. When it comes down to the trillions owed to the federal reserve for printing money and giving it to congress expecting it to be paid for in interest (basically the US people buying money), I say when the fed reserve expects it to be paid back that is when the people revolt and refuse, to wipe that debt away, and tell them they lose and we win, and if they dont like it they can take their business else where, we will not miss them.

reply to post by Realtruth


Perhaps it is the nation which is just a notion?

Evanzsayz
reply to post by Realtruth

 

Your half right or maybe 3/4

. The debt we owe to the federal reserve doesn't exist. The money we owe to China and Japan does exist. If we don't pay them there is going to be problems.

The other 1/4 of the problem is our votes really don't count in the USA and politicians decided how money is spent (stolen cough cough ), so with that the same corruption that afflicts the banking system, afflicts large corporations and our government, in essence they are one in the same.

The little guy in the USA doesn't even know wtf is going one, but that the media is telling him he is in debt to other countries by trillions of dollars.

Has anyone here on ATS borrowed money from Japan, or China? I surely haven't since I live very frugally and don't owe a dime to anyone.

Maybe we should have the idiots in Washington DC personally pay those debts off since they are the ones responsible for the BS numbers in the first place.

People are broke in the USA.

Emotionally broke.

Financially broke.

Spiritually broke.

And many Physically broke.

They can't get blood from a stone.

Realtruth

Jefferton

I think we all have a deadbeat relative who lives with this same life plan.

Yes that is what TPTB have brainwashed the minions of the world to think.

Looks like it's working well.

edit on 17-10-2013 by Realtruth because: (no reason given)

Exactly. Anyone who doesn't conform to the system is labeled a deadbeat. Dont conform to the dress code and your a hippy, have a child while unmarried and your a scrounging single mom, think critically and your a conspiracy nut, etc etc...

Its sad to see so much of the brainwashing showing up here on ats.

So what is that $17 trillion if it is not debt?

America is screwed the Dollar will crash in our lifetime and the whole economic house of cards will collapse with it.

it is not a opinion it is a mathematical inevitability.

OtherSideOfTheCoin
So what is that $17 trillion if it is not debt?

America is screwed the Dollar will crash in our lifetime and the whole economic house of cards will collapse with it.

it is not a opinion it is a mathematical inevitability.

It's a load of BS that we have blindly accepted as the truth.

And not just the USA but the UK, and the rest of the world.

"Numbers don't lie, but liars use numbers"

OtherSideOfTheCoin
So what is that $17 trillion if it is not debt?

America is screwed the Dollar will crash in our lifetime and the whole economic house of cards will collapse with it.

it is not a opinion it is a mathematical inevitability.

So what would happen if we simply clicked DELETE?
What would happen if every country in the world simply clicked DELETE?
The only people affected would be those controlling the debt. Good riddance I say!

VoidHawk

So what would happen if we simply clicked DELETE?
What would happen if every country in the world simply clicked DELETE?
The only people affected would be those controlling the debt. Good riddance I say!

Please stop making logical sense here in this day and age, it might be contagious.


Or maybe will get a bunch of trolls and paid shills to set us all straight again, then and only then we can appreciate the confusion, and bow to our saviors. ( End of sarcasm again, lol )

reply to post by Realtruth


There is no such thing as debt, money, wealth. Need money? Just print some off. It's only illegal for us to do it because the government isn't getting a piece of it.

reply to post by Realtruth


I don't know, call me thick if you wish , but it seems so ridicules to me that if you have "said" amount of countries world wide that owe each other "said" amounts of money and their all going bankrupt as a consequence.

Doesn't it make sense to re-boot the system.

Wipe out the debt for every country pro-rata based on its population.

Say for example Chile owes the world bank $ 10,000,000 dollars and its population ( for this exercise) is 1,000,000.

then wipe the debt to 1,000,000. done, sorted. At least the country has a chance for recovery then.
Make it the same for every country.

If a Country should work out in the negative , then they have a credit to work with to build their nations with.

Cut all that cream the PTB are rolling in.

Balance the debt out , we , every country owes money to these leeches.

Get rid of this incapacitating debt that gives them control over our lives.

This world debt is insanity and yet we except it and agree for private individuals to have sway over life or death.

reply to post by Pinkorchid


Can you imagine if we taught critical thinking in schools worldwide, at the age of about 8 years old, then showed the current financial system to these young children, and let them make their own minds up, as they become self-aware adults?


The problem with our current society, or a large majority is they are told how to think, and when to react, and what to do, basically they can't make decisions for themselves because they are waiting for someone more powerful than them to toss them a bone, or give approval.

Critical thinking should be a prerequisite in all schools, at the age of reason.

Peace,

RT

BULL#!!!

You borrowed the cash, Joe Doe, now cough it up!

You've blewed it on fast cars, big TVs and **SNIP** watching premium rate porn, Joe, so now its time to pay us, the world , the dough back.

Don' you think that we in the civilised world expect something better from you Yankie farmboys?

So, quit whining, and get busy earning those wads of bank notes that we in Canada, Australia, Taiwan expect to see arriving in our country's treasuries in the near future. Now get off your lazy asses and start earning some cash to send back to us.