Quote Originally Posted by Memphis View Post
National debts. I know we've got some financially savvy people on board. What would actually happen if everyone just said fuck it. We ain't paying you and you don't pay us. Deal?

It is a brilliant idea that to be successfully executed would first require you do not ask any financially savvy people what would happen. They are not going to be honest with you because it would require a leap of faith to deprogram themselves in order to contemplate it. The whole financial thing is an illusion anyway built to sustain the 1%.

Cue the 'Beanz is a dirty Jew Commie Marxist' brigade about......now


Debt is a claim on future labour. You have to create value to pay off debt. Think about your student loan and how you had to get yourself into a position to earn enough money before you started paying it off. Most people spend their entire lives living with some form of it, not because they are rubbish but because the system is rubbish and the system DEMANDS it. It maintains monopolies. Look at how even after huge financial crashes the 1% get richer and everyone else gets poorer. There is no leveling up. It is the same with countries.

Look at how repayments/compensation for slaves ends up back in the hands of those families that owned slave ships and people like me and you whose families did not, end up paying for it. Those descendants are in the House of Lords because debt is needed in order to keep people working. The same thing applies to the hierachy of countries. Look at how America made sure we paid them back for helping to secure Freedom..Murica fuck yeah! in order to cement their ascendancy.


Imagine if you inherited everything. Not just houses and silver plates but millions of pounds. What you end up with is only yours because of the work of others . You have done nothing to earn it. The only thing those who were employed as labor to manufacture that wealth inherit is debt. And so the system is maintained.

Nations force workers to pay taxes to service debts they never accrued. If you cancel all that debt


you get Anarchy


which is good.


What would really happen? Fuck knows but

There would be a massive new transfer of wealth from Rich to Poor countries.


Lots of fat people would die instead of lots of skinny people?