what if the U.S. defaults on our debt? - 10/07/13 08:18 PM
if the U.S. defaults on its debt to the central banks what
would happen?
1) the extremely small interest rate that the U.S. pays to the central bank crooks would greatly increase.
2) meaning that the government would be spending a whole lot
more on any future amounts borrowed. which is just why it would be a good idea to check if the bankers have dumped money into the republican campaign funds.
3) we cant pay higher interest rates , we no longer have a economy that can support higher interest rates , even if we fired all the politicians and stopped their retirement checks that they receive after they have worked for 2 years.
4) our only choice would be to print our own money like Russia
does.
but thats not all , the global value of the U.S. dollar would shrink as most other currency values gain against and surpass the dollar.
which means that a dollar in china is no longer worth much at all.
which means that if the current producers of products want
to sell americans their products then they would have no choice than to return to the U.S. where the dollar value
has not decreased against U.S. products.
the outcome of a default might just be the darkest dream that
the globalist ever imagined.
because the U.S. would become the strongest and most powerful nation in the world again and we would not allow the traitors who sold our economy out to do it again.
even if we have to impose civilian law.
would happen?
1) the extremely small interest rate that the U.S. pays to the central bank crooks would greatly increase.
2) meaning that the government would be spending a whole lot
more on any future amounts borrowed. which is just why it would be a good idea to check if the bankers have dumped money into the republican campaign funds.
3) we cant pay higher interest rates , we no longer have a economy that can support higher interest rates , even if we fired all the politicians and stopped their retirement checks that they receive after they have worked for 2 years.
4) our only choice would be to print our own money like Russia
does.
but thats not all , the global value of the U.S. dollar would shrink as most other currency values gain against and surpass the dollar.
which means that a dollar in china is no longer worth much at all.
which means that if the current producers of products want
to sell americans their products then they would have no choice than to return to the U.S. where the dollar value
has not decreased against U.S. products.
the outcome of a default might just be the darkest dream that
the globalist ever imagined.
because the U.S. would become the strongest and most powerful nation in the world again and we would not allow the traitors who sold our economy out to do it again.
even if we have to impose civilian law.