Somehow we owe more money then all the stock markets in the world

[TheNeutralGood]

Our nation used to be the most powerful nation in the world. But we got ourselves into so much debt that we owe other countries more money thats in all the stock markets in the world, combined!!! How the hell did we get ourselves in this mess? Our debt is so bad that if we wanted to get into the EU we couldn't because our nation has to much debt. Lithuania could, but we cant... (Not saying that we want to be in the EU, just that we are now so officially poor that we couldn't.)

 

I learned about this watching a short film called IOU. It's really well done and short. Take sometime and check this video out. It's broken down to 4 youtube videos on this site. Foreclosure Fraud News.

[Keanumoreira]

Well, we still are the most powerful Supernation, but economy wise, no, were are not. We are not the poorest country mind you, believe it or not, we rank five out of the 25 superpowers. We were once the richest, but we are soon to be falling to sixth place. >_>

[Omeletter]

My Citizenship teacher was talking about taxes last lesson. He said that every citizen in UK apparently owes more than £80,000 to the government. How that happened I have no idea at all.

[TheNeutralGood]

Omeletter, That is nothing compared to what we owe. Did you check out the link?

[Thor.]

Go Canada woot. Banks are regulated by the government. Also we managed to stay a float during the market crash, are model is considered to be the best in the world.

 

I feel sorry for you guys.

Edited December 8, 2010 by Thor.

[TheCalliton]

this should be in the debate section

and thor, watch out, cuz im gonna take over canada and create an anarchist nation

[TheNeutralGood]

There's a debate section? How do i get mods to Move it?

[Thor.]

Ask a mod if you want it to be in the debates section, it can be done.

 

Just ask nicely :thumbsup:

Edited December 9, 2010 by Thor.

[Maharg67]

Many nations around the world are now deeply in debt and not just the USA. This is a global problem and not a national one.

 

Thankfully Australia, my nation, has suffered less than many others but we still have problems.

[WizardOfAtlantis]

It's very simple. Debt is an illusion, and it's the biggest black magic scam in the world right now. Listen...

 

The Federal Reserve, which isn't Federal at all but a private bank, issues money to the government already with debt attached to it at a percentage. This loan must be paid back, with interest...now how do you pay back a loan with interest when the money you use to pay is already indebted itself?

 

You can't.

 

This is why the Founding Fathers of the US argued hotly against a private bank system like we have now. So, too, did Abraham Lincoln argue against it, and in fact created the greenback. However, lobbyists and Evil Bankers (of course, there are always Evil Bankers at the cause of the Great World Ills). Do some googling on these things and you'll see. The Founding Fathers warned us, but the manipulations around the Crash of a century ago led us to what we have today, something we have to take down if we want to be free.

 

THAT is why there is an ever-surmounting debt, and THAT is why, unless people get together to change the Federal Reserve, which I repeat again is not Federal, not part of our Constitution or anything like that, this situation will NEVER change. It will never chnage because it is not broken...it is doing exactly what it is supposed to do.

 

Do the research.

 

Slay the real monsters in the world. :thumbsup: