The Gov is not lending, they are borrowing from international bankers, and the people are the collateral. It's like a house mortgage. You borrow money from a bank and buy a house with the money. You own the house on paper, but really the lender can take the house. They have the right to demand their money and, if you don't or can't pay, they take the house. Who really owns the house? The borrower is slave to the lender.
The Gov is not lending, they are borrowing from international bankers, and the people are the collateral. It's like a house mortgage. You own the house on paper, but really the lender can take the house. They have the right to demand their money and, if you don't or can't pay, they take the house. Who really owns the house? The borrower is slave to the lender.
The Gov is not lending, they are borrowing from international bankers, and the people are the collateral.