Who do we owe 30 Trillion to, and what if we told them screw off, we're not paying it? | |
Anonymous Coward User ID: 80144523 United States 03/26/2022 09:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 79953351 United States 03/26/2022 09:39 PM Report Abusive Post Report Copyright Violation | Wow, none of this sounds good. No way out I guess, just stupid politicians spending to much money for too long. Quoting: Anonymous Coward 79953351 I like the statement above... "What's crazy is where did the bank get the 30 trillion to give us". (my paraphrase) Thanks for all the good answers. Some very bright people here, great answers thanks. Looks like an evil dead end. Sometimes do you ever wonder how this all started. I mean if we go back to Roman times, they had coins. But what's behind it all. Someone calls something valuable, it could be gold, silver, paper, coins, chickens. Then when enough people become involved, into the "System" Then the hook is set. I guess this is Satan's only way into our physical realm. To call some shiny object "valuable" and then we spend our whole lives, day in day out, working for THAT THING... Seems kinda empty huh? |
Anonymous Coward User ID: 77958172 Romania 03/26/2022 09:40 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". America is actually the largest parasitic welfare-state in history! Do you know why America is almost bankrupt, and $30 trillion in debt? Which can never be paid back....... Its thanks to the People of Color, parasitizing on White America. America has been fighting wars against the POC since its inception in the 16th century. The Injun wars, the Barbary pirates, the Mexicans, Black revolts, the Japanese, the North Koreans, Vietcong and Middle-Eastern Arabs. America also needs to maintain large numbers of military bases around the world, to prevent the People of Color from misbehaving and attacking suddenly, as the Japs did at Pearl Harbor and the Arabs on 9/11 WTC. Plus subsidizing the huge population of POC living inside America, with affirmative-action, handouts. diversity hiring, housing and health benefits. In addition, millions of jobs and technology are being stolen by Chinese and East Indians, through outsourcing and H1B visas. Together with the added expense of maintaining law and order and preventing crime by the Black gangs and Mexican cartels. And trying to prevent hordes of POC immigrants from gatecrashing through the borders constantly. The fear of the imaginary NWO, Big Brother, Deep State, and Communism are red-herrings and decoys used by the POC, in their take over of White countries. Such a huge pressure and drain on resources exerted by the POC on White America, is resulting in the rapid collapse of the country! Mamma mia, I agree! The non-white are the big leechers, trouble-makers and also bring diseases that kill whites. We are having very big problem with Black gangs, Arabs and Muslims, Chinese. Yep, debt, diseases and death! That's why the POC should all be kicked out of White countries, before its too late! |
Anonymous Coward User ID: 81396122 United States 03/26/2022 09:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78363501 United States 03/26/2022 09:41 PM Report Abusive Post Report Copyright Violation | Your wonderful president Biden has been trading US farmland to china to cover your debt Quoting: Anonymous Coward 82604291 He is such and enemy to America you cannot even fathom it Good luck to them once shtf and millions of Americans are shooting the heads off whoever thinks they are coming here to "collect". WE didn't do this. Don't give me the "you elected them" shit either. They SELECT these people to run the system to ultimately attempt to enslave us. Finance is not something any lay person can be expected to understand. There is NO alternative to trusting the 'experts' running these institutions, as normal people are not capable of doing it. We have been betrayed. Normal people have no means to begin to cover this THEFT...we are victims of criminal POS globalists. You don't make victims pay back the losses caused by criminals. You collect from the criminals via restitution. You want the money back? Go get the wealthy, the bankers, the traitors that set us up, strip them of all their assets and string them up. Anyone coming here to enslave us is going to experience extreme hardship and DEATH. |
Pilgrim001
User ID: 78018011 United States 03/26/2022 09:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82590317 United States 03/26/2022 09:45 PM Report Abusive Post Report Copyright Violation | A lot worse... If we don't pay the minimum amount, which is the interest on the debt, then we go into default... Imagine if we don't pay anything. Have you ever gone through Bankruptcy... The US Fiat Dollar would lose it's reserve currency. That means no more printing money out of thin air. Then the dollar collapses in value with the cost of goods going into hyper-inflation. Then our credit would be bad, therefore countries would not trade with us. They might accept Gold. Do we have anymore. We would go into a very deep depression. Remember, FDR confiscated all the private gold in the last depression... Finally, our country would look like a third world country with mass chaos and civil unrest... So, it will get a lot worse if we don't pay... Cant they just blow up something and it goes away like they did to the Pentagon on 9/11 to cover up the missing trillions? Same department at the Pentagon investigating the missing trillions was blown up on 9/11 you know Osama Bin Laden wanted that targeted. Now I see why George Bush SR said if the American people ever found out what we did they'd lynch us in the streets. They've been robbing from us for a long time. Hang'em from lamp posts please and thank you. |
Anonymous Coward User ID: 73377071 United States 03/26/2022 09:52 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". Look up Bill Still. He’s been talking about this for years. The worlds reserve currency is the US dollar. In very simplified terms it is the backbone of what other fiats currencies are supported by. Therefore the more debt other countries buy from us, the perceived strength of the banking system increase. It’s all bullshit. We can literally print money whenever we want….there is always a buyer. The debt is constantly expanding forever. Crisis are created in order for US Congress to sign “emergency funding” bills in order to print more money aka create more debt… Biggest scam in the history of the world and only a tiny percentage of people are even aware of it. This world is not what you think. |
Anonymous Coward User ID: 82608951 United States 03/26/2022 10:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78363501 United States 03/26/2022 10:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80189208 United States 03/26/2022 10:15 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". Amen! COME AND TAKE IT! |
Anonymous Coward User ID: 76648010 United States 03/26/2022 10:18 PM Report Abusive Post Report Copyright Violation | One of the few things still propping the dollar up is the fact that we pay our debts and oddly enough the debt actually helps keep it up. Those we owe continue to play the game because they don’t need the dollar to tank and their debt to become worthless. So defaulting is not a good idea. I’m sure there are many who know far more than me and can explain this better. |
Anonymous Coward User ID: 72589900 United States 03/26/2022 10:22 PM Report Abusive Post Report Copyright Violation | While the entire globe owes these people $400 Trillion(maybe even 1 Quadrillion!!!), We, the US, owe $30 Trillion of that to the very people Andrew Jackson defeated when he killed the Second Bank of the US in 1833 which also are the people that killed Abraham Lincoln for his Greenback currency. A bunch of European aristocrats involved in banking & manufacturing industry, known then as the Money Trust(or Robber Barons), who had been trying to subjugate the US into their lending practices since this was the only nation with real wealth during the Industrial Revolution after they ran Europe dry through various war loans. The Money Trust got another US politician onboard with them in 1901 when Republican Senator Nelson Aldrich's daughter married the the son of Standard Oil mogul, John D Rockefeller Jr. Together they produced philanthropist, David Rockefeller! In order to resurrect The Money Trust's practice of indebting a nation through loans, Aldrich, along with his banking & corporate friends, sought to bring a condition of economic despair over the US to suggest a network of banks modeled after the Bank of England. This resulted in the Panic of 1907 in which J.P. Morgan stepped up and loaned Wall Street money to stop the panic from getting more severe. That's when the Republican Senator called for a meeting between various pals at the famous Jekyll Island with various leaders of banking & industry. Leaders like Paul Warburg, Benjamin Strong, Frank Vanderlip, & US Secretary Abraham Andrew, to name a few, attended the meeting to write a law to protect the country from the people that created the recent panic, that being themselves!! In 1910 Senator Aldrich presents his Aldrich Plan to Congress but is sharply rejected. Onto Plan B! The bankers rewrote and renamed the Plan into the Federal Reserve Act and compelled Theodore Roosevelt to split the Republicans into a new "Bull Moose Party" that would offer Woodrow Wilson as the 1912 Democratic candidate with the expectation of Wilson signing the Federal Reserve Act into Law. That was the only way they could do it. Wilson lamented his presidency because he realized that he was used and ultimately ruined the US by falling for their trick of handing the US' money supply over to a small group of dominant men. With the stroke of a pen the United States of America became UNITED STATES of AMERICA and every citizen within put into bondage as JOHN/JANE DOE. |
Builder is Back
User ID: 79688307 United States 03/26/2022 10:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78651341 United States 03/26/2022 10:55 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". We Americans are stupid bc Nixon took us off the gold standard and our money ain't worth shit now. Why does no one remember this? All we got was monopoly money for our pay! |
Anonymous Coward User ID: 82609353 United States 03/26/2022 10:55 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82609353 United States 03/26/2022 10:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81391547 Ireland 03/26/2022 10:56 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". . you own it to chosen nation... . |
Southern Deplorable
User ID: 79946168 United States 03/26/2022 10:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82609546 03/26/2022 11:05 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". They send their mafia goons to your house and kill 3 generations of your family. If you want freedom you will have to create an organization to fight their entire mafia. Good luck |
Anonymous Coward User ID: 77736161 United States 03/26/2022 11:07 PM Report Abusive Post Report Copyright Violation | |
Mike_account4
User ID: 80043548 United States 03/26/2022 11:08 PM Report Abusive Post Report Copyright Violation | Currently China owns a lot of the debt when the dollar was decided to be the reserve currency other countries bought our debt in the dollar so they could trade with Quoting: Anonymous Coward 1869762 China is owed about 1 Trillion. Ditto Japan. But...that is Gross. Our Govt. also holds debt instruments of those two countries. Most US debt are Treasury Bills that are owned by companies as investments. Many of those companies are investment firms that buy them as instruments in pension funds, etc. Most people don't understand this: US Government OWNS 50% of the land in the United States. The Government has an underlying asset valued at over 200 Trillion dollars because of that. The dollar amount seems high but that's a great point. You can look at our debt like a home equity loan Last Edited by Mike_account4 on 03/26/2022 11:09 PM This is a LARP account |
Anonymous Coward User ID: 82606672 03/26/2022 11:11 PM Report Abusive Post Report Copyright Violation | Something along the lines of Greece austerity measures will start happening. Also notice they are making it nearly impossible to leave your country of origin, because they see you as a debtor, of the nation. Debt slaves. Quoting: Anonymous Coward 79137769 You will also notice, America has nothing to show for 30 trillion in debt. That doesn’t include all the spending, we we’re literally robbed and told we must invite the entire 3rd world to pay for it and do the jobs we wont do. All the while, Mexican invaders don’t pay any taxes, besides your typical sales tax and they commit the majority of crime. This is an absolute destruction of the European empire. I dont think we really need to answer who we owe the money too. How did a bank come up with 30 trillion to lend us? This is retarded. Treasury bonds, interest rates and yeah the private owners of the federal reserve mainly. Nobody knows who it actually is most likely Rothschild |
Anonymous Coward User ID: 82603298 United States 03/26/2022 11:12 PM Report Abusive Post Report Copyright Violation | |
refraktor
User ID: 71080834 United States 03/26/2022 11:15 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". default, Ditch the FRN. Issue gold and silver backed (constitutional treasury note). problem solved. refraktor |
HYpEr7l9Er
User ID: 75756457 Canada 03/26/2022 11:16 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". Rich people is who poor people owe money to. Now what you are talking about is the public debt. That is the amount of money the US government has borrowed from the money supply of the USA which is composed of credit mostly. Since 1946 the US government has authorized the treasury to issue 29.5 Trillion in Bonds and borrowed 29.5 trillion dollars from the money supply of 89.3 Trillion dollars. The 89.3 Trillion dollar money supply is the total credit market debt of the USA and was created by US citizens requesting commercial banks to loan them money or create credit to sustain the USA. Basically from 1789 to Now in 2022 the population of the USA has requested the commercial banks in the USA to create 89.3 Trillion dollars to sustain the USA nanosecond to nanosecond. During that same time the US Government has issued bonds and borrowed 30 Trillion of the 89.3 Trillion dollars of total credit market debt which is the money supply of the USA. This same system shown above is in operation in every country on Earth. MlCHAEL |
HYpEr7l9Er
User ID: 75756457 Canada 03/26/2022 11:17 PM Report Abusive Post Report Copyright Violation | I know to many of you very smart people this may sound very stupid, I apologize. I just don't have any idea. Quoting: rod777 I do know someone has been taking advantage of the American people for a very long time. So what would happen if we told these people... "We are cancelling our debt to you today. You have made enough money off of us. We owe you nothing". default, Ditch the FRN. Issue gold and silver backed (constitutional treasury note). problem solved. lol nope. MlCHAEL |
Anonymous Coward User ID: 82606672 03/26/2022 11:17 PM Report Abusive Post Report Copyright Violation | The great part is you never agreed to pay it and never had the money but they printed it devaluing your dollar inflating prices to pay for it. And there’s nothing you can do about it lol the fed isn’t elected They make money out of thin air Fractional Reserve Banking Bring back usury But really all this spending is being purposely done to COVER the collapse of the petrodollar and dollar as world currency to lessen the panic. This is something they knew was coming so it’s a deflection method with no plan to deal with it at all the debt is so ridiculous. The end of the petrodollar would mean the U.S. would have to balance its budgets and books. Money isn’t magic. The reason the U.S. is able to spend all it wants is because other nations are paying the debt thru inflation on the world reserve currency. All others have to either raises taxes or print money so they have to balance budgets carefully or there consequences. Previously there had been no consequences. But many people will die and become destitute. The economy would collapse. It will it’s inevitable. It is a house of cards built on an illusion Fiat |
jackfoos
User ID: 75483061 United States 03/26/2022 11:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82606672 03/26/2022 11:20 PM Report Abusive Post Report Copyright Violation | What then happens is they then sell off the infrastructure and resources for pennies on the dollar and pay the people slave wages like the have been hundreds of years in 3rd world Africa under many different names and justifications lol |