Tonight was the first I’ve learned about the whole America the Corporation vs. America the Republic and I’ve found some contradictory information on the internet. If its all true, would dissolving the Corporation of America also dissolve any national debt? How would US Treasury Bills be affected? And how would China respond?
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No expert here, but I imagine they have to forgive the debt if the "person" dies.
And I think this has been the plan all along -- that's why Trump, a businessman, let the debt rise as it has.
We were never going to pay it.
YES!
I've been telling this to anyone who was either critical or worried that Trump was running up the debt- we were way past the point of no return before Trump ever came into the picture.... so he's there to try and save what's essentially and insolvent company- by leveraging the debt... not a business guy either haha but i sure is shit know that not only is there no way we CAN pay for it but not with Trump, we simply WON'T.
If anything, we'll be re-repatriating FORTUNES that have been stolen from us over the decades.
What happens to interest rates and inflation, guess it depends on many factors? I know it'll balance out natually (Austrian), but this would be a rough transition. This massive, seemingly immediate, purge of debt (some of it invested heavily by Americans)...unthinkable prosperity on the other end though.
Which is exactly why President Trump made such a big push for us to bring back manufacturers and make us energy independent. What's China going to do, sanction us? LOL.
Yes