“Once all available measures and cash on hand are fully exhausted, the United States of America would be unable to meet its obligations for the first time in our history,” Yellen wrote.
Is she lying? Has the USA ever been in a situation where the debt could not be serviced?
Yes. The debt brought about by the revolutionary war (and in Benjamin FRanklin Post Office, there seems to be an entry of 1.6 million dollar loan and from whom; so for those in the area, please check it out and report back what you found)
The articles of confederation brought about a system of government incapable of servicing the debts. Hence the need for the Constitution, creating a stronger central government. And with the help of the Rothschild Boy: Hamilton, the US was nicely brought into the fold.
When Jannet Yeller says: in our history, I guess I have to take that literally, because I have no way of knowing who she means by our: her's in the plurar majestatis. Then her statement becomes true.
Even if she only points to those present, and those listening, indeed, in OUR history, the US has always serviced it debts.
What she essentially is saying is: the only way to service the debt is to go into more debt.
The question then is: do you want to take a chance on Yellen, or do you prepare? September was preparedness month, right? https://www.ready.gov/september
Is she lying? Has the USA ever been in a situation where the debt could not be serviced?
Yes. The debt brought about by the revolutionary war (and in Benjamin FRanklin Post Office, there seems to be an entry of 1.6 million dollar loan and from whom; so for those in the area, please check it out and report back what you found)
The articles of confederation brought about a system of government incapable of servicing the debts. Hence the need for the Constitution, creating a stronger central government. And with the help of the Rothschild Boy: Hamilton, the US was nicely brought into the fold.
When Jannet Yeller says: in our history, I guess I have to take that literally, because I have no way of knowing who she means by our: her's in the plurar majestatis. Then her statement becomes true.
Even if she only points to those present, and those listening, indeed, in OUR history, the US has always serviced it debts.
What she essentially is saying is: the only way to service the debt is to go into more debt.
The question then is: do you want to take a chance on Yellen, or do you prepare? September was preparedness month, right? https://www.ready.gov/september