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Global Debt Markets Are BREAKING – Pension Collapse in England, Govt. Debt FAIL in Japan, While Some Bonds See 75% Losses so Far in 2022
Freedom First Network ^ | 10/12/2022 | Mike Adams

Posted on 10/12/2022 6:38:31 PM PDT by Beave Meister

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To: Fury

Exactly!

What happens after that? You lose your house, car, etc.

I think they call it a depression.


41 posted on 10/13/2022 2:51:49 AM PDT by EBH ( 1776-2021 May God Save Us.)
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To: EBH

If everyone loses all money, that’s far worse than a depression - in that case I doubt people will be repo’ing cars. Everyone will be struggling to survive.


42 posted on 10/13/2022 2:56:32 AM PDT by Fury
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To: Beave Meister

bfl


43 posted on 10/13/2022 2:57:17 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Fury

The debt still exists, like that idea or not.


44 posted on 10/13/2022 3:01:43 AM PDT by EBH ( 1776-2021 May God Save Us.)
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To: EBH

Oh, agree 100% that it still exists. I just doubt it would be collectible if/when such a catastrophic event occurred.


45 posted on 10/13/2022 3:11:43 AM PDT by Fury
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To: Fury

I continue to think we may see a sort of global jubilee. If the world wakes up and sees that there is no possible way to pay debts — and yet expects those debts to be paid — then something breaks in a very deep way.

Who knows what could be possible?


46 posted on 10/13/2022 3:24:36 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: EBH

Solid thoughts, but I reject the supply and demand explanation, too.

I do so primarily because I reject all “laws” of economics and finance — because they are not gravity or electromagnetics or anything physics.

They are about and measured by that substance created from nothing, money. How can anything created from and defined by nothing qualify to have a “law”?

Money’s value is decided by the imagination of counterparties. So not only is it created from nothing, it’s value is determined by whimsy.

So no, not a supply and demand devotee.


47 posted on 10/13/2022 4:01:22 AM PDT by Owen
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To: marktwain
Even at 15% inflation, it takes about five years to reduce the buying power to half of what it was.

So about 1 term of a stolen demonrat election?

48 posted on 10/13/2022 5:07:15 AM PDT by DCBryan1 (Delete FB, TWTR, GOOGL, AMZN, YHOO, Gmail/chrome. Use Gab, Brave + DDG, VPN, Freerepublic )
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To: ClearCase_guy

The Great Reset.

You will own nothing and be happy.

You have no debt, but own nothing.


49 posted on 10/13/2022 5:52:48 AM PDT by EBH ( 1776-2021 May God Save Us.)
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To: EBH

I’m no economics wiz (I think it is a false science and is mostly just political manipulation) but I see a jubilee as a way to stop the Great Reset. I think the globalists are pushing impossible debt and debt slavery as a global crisis that requires a global economic solution. That’s the Great Reset where no one owns anything and your social credit score determines how happy you are allowed to be. In my opinion a jubilee blows up the central banks and actually allows people to really start owning things again. The best reason to support a jubilee is that is destroys the political plans of the globalists.


50 posted on 10/13/2022 5:57:32 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: ClearCase_guy

I agree to a point. But…

Most people do not understand an actual Jubilee year/event. It doesn’t mean that suddenly your house is mortgage free. It means your house or home return to the original owner! Property is RETURNED. In many cases, that means the banks. It’s an interesting thing to consider.

See here: https://www.myjewishlearning.com/article/sabbatical-year-shemitah-and-jubilee-year-yovel/amp/


51 posted on 10/13/2022 6:54:36 AM PDT by EBH ( 1776-2021 May God Save Us.)
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