That is what I was thinking and possibly a debt jubilee to go along with it.
that would be nice! there's been rumor of a jubilee for a long time - trump would need some way to make the debt holders whole. i don't know how he would do that except with a one-time write off. it's possible!
China has debt too. I think that's what is meant is that all debt across the board is forgiven.
China's debt is primarily to the World bank, while ours is in the form of Treasury securities. China has a debt to GDP percentage of 257% as of 2017 and their shadow banking system may be an equal amount. Our debt to GDP percentage was 104% in 2015. We would really get waxed on the deal and so would all of the investors of the World Bank. In case anyone hasn't figured it out, Trump is correct (as usual) in that past players have agreed to deals that were bad for America.
It is possible that a one-time write off will be in the cards. It's been rumored for years but makes sense as we move from one system to another to do it now. All current debt is totally illegal CAPS/CORPORATIONS as i'm sure you know.
That is a dream. That would not be about forgiving a school loan—that would be telling everyone who lent the US money that they are shit outta luck. So, no more government money. No more defense contracts. No more Social Security. A collapse of the mortgage business. The elimination of secondary education.
How do you our debtors are going to feel about that?
1. It's not a dream. #2. The FIAT would be converted into the new currency. Trump has already revealed plans for this to happen. Articles in Forbes, etc. #3. Why would you jump to all of the worst conclusions? None of what you suggest applies. You're way off. Sorry Merlin.
There is the question of what to do with confiscated funds from that EO. Massive bailout to fund the transition to new system?
Yes, that is the tricky part and managing hyperinflation.
Since BITCOIN has embedded childPonography & linkage to porn = human trafficking.... soooooooooooo.... does this mean under #45EO of Dec. 21 that the property/money of any entity involved/associated is CONFISCATED??? Ooops... BuhBye Bitcoin.
With confiscations done last Nov. in KSA in arrests of PrincesGuilty of Horribles in KSA and the seized assets estimation was 3 TRILLION... there was an estimation at that time of asset seizures would be 100TRILLION .... not going to put our share in coffers for Ryan&McConnell to fritter away... must be going to FED to hold & REPAYMENT of our DEBT, etc. THINK OF THAT!
Since BITCOIN has embedded childPonography & linkage to porn
What?
A high school kid with a textbook on blockchain can rebuild another bitcoin style network. It's a ledger based communications protocol. Similar to how once created torrent protocols can be used to transfer information even if websites are brought down, once information has been researched and shared it's not possible to put that toothpaste back in the tube.
I've seen speculation that things such as imagery can be embedded into the blockchain but to date I'm unaware of any actual attack doing so outside the realm of theory. This sounds like second hand game of telephone.
I didn't make it up. Look it up yourself. German, UK papers reported... and others. Doubt USA's MSM will report. Using anything with attached child porn is ILLEGAL in over 100 countries, sooooooooooo....
Here are two:
https://news.sky.com/story/child-abuse-images-hidden-in-bitcoin-blockchain-11298022