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"Who is in control"

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Fri 23/04/04 at 11:51
Regular
"dont like me bite m"
Posts: 27
I have a theory just thought i would share it. I think that the governments that we put so much faith in are no more in control than we are i think the overall control is held by the banks of the world just think about it the u.s is supposed to be the richest country in the world yet they are billions of dollars in debt who do they owe this money to? the banks if those banks decide to say we want our money what is to stop them taking over i know it may seem a bit extreme but think about it.
Fri 23/04/04 at 12:33
Regular
"Orbiting Uranus"
Posts: 5,665
Can I come too?
Fri 23/04/04 at 12:31
Regular
"Brooklyn boy"
Posts: 14,935
Rosalind wrote:
> And I'm sure the resulting econmic collapse would be exactly the sort
> of thing needed to get you re-elected for another term. :p


I wouldn't care i'd have already embezzled enough funds to last me the rest of my life to go live on a island in Barbados :-D
Fri 23/04/04 at 12:29
Regular
"dont like me bite m"
Posts: 27
k but where would the army get the coin to pay these guys
Fri 23/04/04 at 12:29
Regular
"Orbiting Uranus"
Posts: 5,665
And I'm sure the resulting econmic collapse would be exactly the sort of thing needed to get you re-elected for another term. :p
Fri 23/04/04 at 12:26
Regular
"Brooklyn boy"
Posts: 14,935
If i was in control of the US i'd just refuse to pay the debt, i mean who's going to tell them to give them the money back? I can just imagine the bailiffs coming round only to be greeted by a ton of secret service :-D
Fri 23/04/04 at 12:23
Regular
"dont like me bite m"
Posts: 27
Light wrote:
> cjay1977 wrote:
> I have a theory just thought i would share it. I think that the
> governments that we put so much faith in are no more in control than
> we are i think the overall control is held by the banks of the world
> just think about it the u.s is supposed to be the richest country in
> the world yet they are billions of dollars in debt who do they owe
> this money to? the banks if those banks decide to say we want our
> money what is to stop them taking over i know it may seem a bit
> extreme but think about it.
>
>
> Under Equity (which a strange little branch of law), banks can't
> demand immediate repayment if they've already agreed a structured
> repayment. Although the World Bank has a lot of fiscal power, it's in
> their interests to use that power for the benefit of the west,
> because they are a western institution.

good point but talking about this world debt thing again why not just write off the debt owed to them by the western leaders which would allow them to focus on improving their respective countries why because doing so would lose them the control they have over the governments no?
Fri 23/04/04 at 12:18
Regular
"Wanking Mong"
Posts: 4,884
cjay1977 wrote:
> I have a theory just thought i would share it. I think that the
> governments that we put so much faith in are no more in control than
> we are i think the overall control is held by the banks of the world
> just think about it the u.s is supposed to be the richest country in
> the world yet they are billions of dollars in debt who do they owe
> this money to? the banks if those banks decide to say we want our
> money what is to stop them taking over i know it may seem a bit
> extreme but think about it.


Under Equity (which a strange little branch of law), banks can't demand immediate repayment if they've already agreed a structured repayment. Although the World Bank has a lot of fiscal power, it's in their interests to use that power for the benefit of the west, because they are a western institution.
Fri 23/04/04 at 11:51
Regular
"dont like me bite m"
Posts: 27
I have a theory just thought i would share it. I think that the governments that we put so much faith in are no more in control than we are i think the overall control is held by the banks of the world just think about it the u.s is supposed to be the richest country in the world yet they are billions of dollars in debt who do they owe this money to? the banks if those banks decide to say we want our money what is to stop them taking over i know it may seem a bit extreme but think about it.

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