Message:

<p>[QUOTE=&quot;fatima, post: 1169551, member: 22143&quot;]But there is already precedence for this.&nbsp; Nixon defaulted on the dollar in 1971 when he told European countries that he would no longer exchange their excess dollars for gold.&nbsp;&nbsp; It was the first bankruptcy of the US dollar because what was promised for the paper was not delivered.&nbsp; These days, the USA can&#039;t for example, ever pay China back the US debt it holds, can&#039;t pay Japan back, can&#039;t pay back the ever increasing debt and obligations being run up in secret by the Federal Reserve.&nbsp;&nbsp; It&#039;s rising geometrically and when just the interest on this money exceeds real GDP it&#039;s done.&nbsp; (or actually long before that)&nbsp;&nbsp; They will default again, it&#039;s mathematically impossible for it not to happen.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in