Some say NESARA/GESARA, if real, sounds a lot like the NWO "You'll own nothing and be happy" spiel when it comes to canceling debt. Slippery slope right there, as we all know nothing is ever free...
I'm hesitant to cheer for such a system as a result. Quantum Banking to stop fraud? Okay, sure, but leave debt cancelation out of it.
Stupid people who intentionally paid off credit cards with credit cards and bought cars and houses way out of their price range shouldn't be rewarded or compensated for their stupidity -- whether or not they were entrapped by the Central Banks.
Nope. I'd say a safe middle-ground, if we absolutely have to eliminate some of the debt for people, would be to calculate all debt due to interest and scrub only what people have accrued from predatory credit practices.
Perhaps even cancelling medical debt, considering it's all just been one big scam for decades, but I would never include purchases in debt cancelation.
The way I see it, debt you build up for buying frivolously instead of saving until you can afford it shouldn't ever be wiped. You made your bed, now sleep in it.
Opinions? Thoughts?
I want to make a post about this. You don't need to erase debt but imagine how far our tax money will go at say....10% across the board flat tax with NO SIPHONING.
I'm convinced you could solve 90% of modern finance issues with these few actions
1: cap credit card/loan interest rates at no more than 5%.....it is literally free money for banks with incredibly low risk. Im even okay with credit scores in some form because there are always people who abuse anything but there is zero reason any interest rate should be over 8% for ANYTHING
2: eliminate or cap all middlemen in servixe Healthcare, pharma, insurance, etc for anything including car insurance. Also force them to pay if they exist. No more of this bs legalese and legal battles to get a claim when you literally pay so that you can claim things.
3: Flat tax - 10% or so, maybe 15. No self employment tax, no loopholes for anyone, just a simple flat tax where All major expenditures must be voted on and vetted at every level of gov for big projects. No more corruption or at the minimum make it really damn hard. If it takes a city 5 years to come up with long term plans im okay with going to the voting box a few more times.
Think about your take home paycheck - Fixing those few items would give you back at least 25% of your income extra. Also when people bitch about jobs being lost....guess what...they are all hoarding the money anyways instead of adding jobs and the new money in our pockets will fund real entrepreneurship and change.