Usury is the root of all evil.
And thats why most people don’t know what usury is.
Jimmy Carter deregulated usury, supposedly because poor people needed more debt.
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What actually happens in a default? I honestly don't know 🤷🏼♀️
That would be a good thing.
Deadbeats don’t deserve credit.
Stop all government borrowing immediately, and restructure all existing short term borrowing as long term, or else the bond holders get defaulted on.
Lesson learned: don’t lend money to anyone or anything that is $28 trillion in debt.
And China gets squat - consider it a down-payment on the roughly $10 trillion they owe us for unleashing their virus, propaganda, and electoral attacks on us.
Racist!!!!!!!
How dare you sir !
Red October?
"In the Red October "
The market is already red on this news.
The love of money is the root of all evil
https://bible.com/bible/1/1ti.6.10.KJV
Since most of our debt is owed to Chyna, we need to say Nope, because you gave us the Kung Flu, there will be no money for You!
Most is not owed to China.
https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355
But the United States should default on every last penny that is.
DEFAULT...NOT 1 CENT TO THIS INCOMPETENT EVIL REGIME OCCUPYING THE WHITEHOUSE.
I used to think this was one of the worst things a country could do. Now it has gotten so bad, I think we just need to tell those we owe, "Sorry. We can't pay and we're not going to pay. Ever. Or even try. Thanks for your help. You're welcome to all the money the corrupt politicians you had in your pocket have stored away. Oh wait, no you're not. We're keeping that too. Have a pleasant day."
How about we just print more money to cover all the debt? It will work right?
QE4ever.
What your government has been doing, is a fancy form of check-kiting.
How does check kiting work?
You write me a check for $100, And I write you a check for $100,
And we both deposit the checks in our respective banks. Each of our accounts will then show $100, for a few days until the checks clear.
If you and me do this, we go to jail.
If your government does this, its considered sound financial and fiscal policy.
Basically your (((government))) is issuing US savings bonds that are so worthless that they can’t even give them away.
So the (((Federal Reserve))) “buys” these US savings bonds, to create the illusion of demand for US savings bonds, and the illusion of liquidity in the bond market.
The Federal Reserve “buys” these worthless US savings bonds, with worthless dollars.
The dollar itself is a “note”. It says so right on the note. a note is an instrument of debt, not an instrument of wealth.
This system is build on usury, and it will continue to grown exponentially until it crashes like the Dutch tulip craze.
What needs to happen, is usury needs to be abolished. And when i say usury, i don’t mean charging interest above the arbitrarily set “legal limit”, i mean any interest charged, at any rate, under any circumstance.
Usury is how the Rothschilds took over the world, and until usury is abolished, the bankers will always run the world.
Yeeet!!! Agreed 100%
I like how you referenced Tulip Mania though. Not many references to Tulip Mania in, "normal" conversation.
Yeah I knew from the moment I found out that we are, "borrowing" money from the FED, that we are never meant to be able to pay the debt off. And even just the fact that the FED isn't a part of our government should be enough for people to realize we are a country owned by the money lenders.
You know, Revelation Chapter 18 verse 23, says that the entire world will be decieved by The Merchants Sorceries. Actually all of chapter 18 is wonderfully telling and is an amazingly accurate description of what is happening today and what has been apparently happening for eons.
Made me wonder how ingrained the feeling of, "You Owe Me" has been embedded into the human psyche. The idea of Slavery is so old. Soooooo old. And it works exactly the same way every time. Convince the slave that they owe you. Using any means necessary. And don't get me wrong, if I do work, I would expect to be compensated. I think that is natural. But when does it get to the point of usury? Interest? Because that would make sense.
It's verse 23 actually. Just to clarify for those looking for that particular verse. And it reads: Revelations 18:23 "And the light of a candle shall shine no more at all in thee; and the voice of the bridegroom and of the bride shall be heard no more at all in thee: for thy merchants were the great men of the earth; for by thy sorceries were all nations deceived."
Dang it! You are right! My bad! I'm gonna go edit that! Because I'm not supposed to quote unless I quote it right. But yep! Literally one of my favorite verses right there, next to John 1:1.
No, the debt will most certainly not go away.
Zimbabwe tried that. Kids became billionaires, but they couldn’t afford bread.
Broke Ass Billionaires