Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Are treasuries a way of avoiding the bank collapse?
04/02/2013 | E. Pluribus Unum

Posted on 04/02/2013 6:39:00 AM PDT by E. Pluribus Unum

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041 last
To: CharlesWayneCT
Mortgage a 100,000 dollar house at 5% compounded, and pay back 200,000 over 30 years. Just can't stomach 100% interest.

All your calculations are based on a national system that is dead and gone, (the banking, Market and stock laws changed drastically to favor banks in a crash). It is pretty obvious that things are going to change in a big way that include a crash and massive monetary confiscation.

Now why, when the easy view of things is that money printing will create worthless money would banks be pushing to remortgage?

Does not make sense does it?

What if the US were to adopt bankruptcy laws like the rest of the world and reinstated debtors prisons?

Er, suddenly it does make sense! Now a world wide economic “accident”, and globalization to a one world currency and government will create a massive split between the haves and the have nots.

Throw in a “burden on society” clause to the debtors prison and you have the world banks owning everything and a massive depopulation list all in one shot.

New
World
Order...

Think outside the box or be put in it. Pay off your debts while you can.

41 posted on 04/02/2013 12:23:38 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
[ Post Reply | Private Reply | To 37 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson