Do you see the problem here - The US owes itself loadssa money and is paying itself interest on the debt - how does that work.
Think I might try lending myself a couple million.
It looks like they may be raiding peopleās pension funds and the like. I donāt know what will happen when those pensions mature and people want to draw on them. Maybe raid more, robbing Peter to pay Paul. Where will it end?
We are very tightly regulated on things like that. I donāt know what the US has. However I do know that we have far superior consumer protection laws. I bought some camera equipment once in the US. The next day I saw the shop was advertising the same stuff at a discount. I went back to get them to pay back the difference but was basically told to get stuffed and thereās nothing I could do about it. Silly me expecting the same consumer protection as we get here. We can take anything back within 30 days in the original condition.
If a country goes to war with another country they owe money to and wins, does the debt get written off?
The difference between printing money and issuing debt is this:
- debt forces the government to repay the money it has āborrowedā, the debt carries a servicing cost (interest) and a repayment schedule; in practice the government simply issues more debt to āroll-overā earlier debt when it becomes due.
- despite what some people may say issuing debt does not ācreateā money; debt uses money which is out there by selling IOUs for the money which is out there.
- the (government) debt only becomes an issue when the cost of servicing said debt approaches the governmentās ability to raise revenue from taxes or other theft. This where the mystical 2% inflation comes into relevance; when inflation exists the actual magnitude of existing debt is reduced over time. Therefore a government could issue new debt at the prevalent inflation rate without affecting some ratios such as debt-to-GDP, and therefore the markets would remain calm and the currency value would remain stable.
Central Bank QE is the creation new money, allegedly when the QE is wound-back the recovered money is then destroyed. ā¦we shall have to wait and see.
Which party? UKIP? I think some ātolerateā him as an adviser, but I am not sure they would if he was to run. It also depends on whether or not we get proper Brexit. If we donāt, then there is more chance when all hell breaks loose.
@AlexC
Just how deep is this rabbit hole I wonder?
I wasnāt gonna post this but it seems to join some dots with last post
Surely the 5G global mesh would encompass all, including those who wish to control us?
It is sad that some people who really want to change things, and who try to raise public awareness of some atrocious happenings, are viewed with contempt.
What is even more baffling is how some morally bankrupt people (Geoffrey Archer springs to mind) continue to be endorsed and pushed forward as candidates for public office.
Iāve been reading lots lately abt the state of emergency in US - There is a theory(yeah another conspiracy theory) that the reason Trump declared a national emergency was so they could get rid of the bad guys through military tribunals and execute them if guilty.
Some 1500 ppl have apparently been arrested/resigned/disappeared/suicided - not sure how much I believe this one yet butā¦
It would also close the star gate - thats the real objective -
Whatās the problem? They did a deal, they were both happy. Screw what others think, I donāt give a damn!
I once reclined my seat into a fatty. She had her table out and got wedged. She was bright red and fuming, shouting at me. I told her it wasnāt my fault she was fat.
Less than 20,000 show up not 250,000 as claimed.