Roy

 
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  • in reply to: China And The New World Disorder #22940

    Roy
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    When you can not borrow the legal tender to pay the interest you are bankrupt.


    Roy
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    Greenspan said, “We can guarantee the currency (he didn’t say money) to meet all obligations, we cannot guarantee what it will buy.” Many have implied but none have said, “We can guarantee the Food Stamps (equivalent) to cover all commitments, we cannot guarantee price or availability.”

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