Monday, May 21, 2012
Buckets of Cash, Mountians of Debt
5-2-2012 Newshound Guru Adam Montana If we think that everyone will go to the bank and walk out with a wheelbarrow or bucket full of cash, then...Iraq needs to have it all saved up and ready to pay out. Since that won't happen, we can allow for a credit system JUST LIKE THE USA has. We don't have enough gold our cash to cover all the 0's in all of our accounts and our debt, yet the "money" still exists. Iraq will work the same way. ["continued in post 4...stay tuned"]
Ok, the only problem with that is an RV of any magnitude will possibly create more money for Iraq than exists in the entire world. More money than is in the entire world will be in the hands of a nation with a GDP of just over 100 million dollars. You don't need a credit system, you just need a handful of idiots to believe what you're saying so they will pay for their VIP membership.
5-2-2012 Newshound Guru Adam Montana Kuwait was owed major amounts of money and nobody was going to let Iraq out from under that obligation until it was satisfied. It isn't 100% paid, but the MAJORITY of that debt has been taken care of. Again - it's a VERY good thing for us to see these things! ["continued in post 3...stay tuned"]
Why not just RV the currency in order to pay off the debt?
Posted by The Reeder at 1:23 PM