Comments on: What happens to a country that has enormous debt and politicians that refuse to stop compounding the debt? http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/ Call 888-653-9681 To Get Debt Help Now! Mon, 06 Feb 2012 15:49:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: angels_angelsarehere http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3150 angels_angelsarehere Sat, 23 Jan 2010 00:43:28 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3150 It becomes the country with the skinniest population and the fattest politicians It becomes the country with the skinniest population and the fattest politicians

]]> By: Bryan http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3149 Bryan Wed, 20 Jan 2010 03:16:55 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3149 If a country doesn't have a central bank, it can't inflate the currency, the people's money won't become worth less and less, and interest rates would fluctuate with supply and demand just as they should. The Fed has been exposed as the fraud that it is and if the Fed Chief isn't careful, he's going to loose more than just his zing. The US attempted central banking very early on and abandoned it for the very reasons we should now. Between the closing of the Second Bank of the US in 1836, and the creation of the Federal Reserve Bank of the US in 1913, the US experienced few and relatively shallow economic downturns. Since 1913, we experienced "THE" Great Depression, and several smaller depressions, (We decided to call those recessions so they don't sound as scary.), and the current financial crises. If a country doesn’t have a central bank, it can’t inflate the currency, the people’s money won’t become worth less and less, and interest rates would fluctuate with supply and demand just as they should.

The Fed has been exposed as the fraud that it is and if the Fed Chief isn’t careful, he’s going to loose more than just his zing.

The US attempted central banking very early on and abandoned it for the very reasons we should now. Between the closing of the Second Bank of the US in 1836, and the creation of the Federal Reserve Bank of the US in 1913, the US experienced few and relatively shallow economic downturns. Since 1913, we experienced “THE” Great Depression, and several smaller depressions, (We decided to call those recessions so they don’t sound as scary.), and the current financial crises.

]]> By: Josh T http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3148 Josh T Mon, 18 Jan 2010 15:47:56 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3148 If your a Democrat or a Republican, nothing mather if the country is broke! If the Government was a Business it would be a poorly run business and would not be worth investing into. If your a Democrat or a Republican, nothing mather if the country is broke! If the Government was a Business it would be a poorly run business and would not be worth investing into.

]]> By: Siddhartha http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3147 Siddhartha Sun, 17 Jan 2010 16:59:00 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3147 learn to speak Chinese..... learn to speak Chinese…..

]]> By: Teguci http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3146 Teguci Sun, 17 Jan 2010 04:21:50 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3146 When they are cold in the winter they stop pretending that limiting carbon dioxide in the environment will save them. When they are hungry they ask why the government purchased millions of pounds of ham for twice the market rate. When they are homeless they wonder why their political leaders demonized the banks that could have given them loans. When they have no car, they ask "Why did we destroy the "clunkers?" They are angry. When they are cold in the winter they stop pretending that limiting carbon dioxide in the environment will save them.

When they are hungry they ask why the government purchased millions of pounds of ham for twice the market rate.

When they are homeless they wonder why their political leaders demonized the banks that could have given them loans.

When they have no car, they ask “Why did we destroy the “clunkers?”

They are angry.

]]> By: Booth http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3145 Booth Thu, 14 Jan 2010 12:23:14 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3145 The money becomes worthless. The money becomes worthless.

]]> By: Blocked by Mental Midgets http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3144 Blocked by Mental Midgets Wed, 13 Jan 2010 07:06:39 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3144 stay tuned...we are about to find out. stay tuned…we are about to find out.

]]> By: nirv http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3143 nirv Mon, 11 Jan 2010 14:39:59 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3143 Nothing. Economy will recover, hysteria will go away, Obama will be re-elected for a second term and repuke idots will continue their idiotic whining...LOL Nothing. Economy will recover, hysteria will go away, Obama will be re-elected for a second term and repuke idots will continue their idiotic whining…LOL

]]> By: no vanilla for me http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3142 no vanilla for me Sun, 10 Jan 2010 12:39:27 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3142 Oh, its financial system collapses, and the money becomes worthless, then the government comes up with a new kind of currency, perhaps strictly electronic and may require all to carry a chip in their hand to ensure that fraud will not happen, or, possibly what the Holy Bible refers to as, the mark of the beast! Oh, its financial system collapses, and the money becomes worthless, then the government comes up with a new kind of currency, perhaps strictly electronic and may require all to carry a chip in their hand to ensure that fraud will not happen, or, possibly what the Holy Bible refers to as, the mark of the beast!

]]> By: kpk02 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3141 kpk02 Fri, 08 Jan 2010 13:27:20 +0000 http://bestdebteliminator.com/debtquestions/what-happens-to-a-country-that-has-enormous-debt-and-politicians-that-refuse-to-stop-compounding-the-debt/#comment-3141 Refer to the "Decline (1999-Present)" section. Hyperinflation is not something to toy with. Even if it wouldn't get that bad in the US, do you really want to take the risk that it might? I sure don't. Refer to the “Decline (1999-Present)” section. Hyperinflation is not something to toy with. Even if it wouldn’t get that bad in the US, do you really want to take the risk that it might? I sure don’t.

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