What they did in Argentina after their dollar collapse was to isue a new currency. when they did the hacked the exchange rate. The gave you 1 for 2 of the old currency and converted your debt 2 for 1.
If you had 10,000 cash and a 100,000 mortgage they gave you 5,000 cash and ajusted your mortgage to 200,000 in the new currency units. That's why they were revolting and burned neighborhoods down. Not because they were just unhappy with politicians. The IMF and world bank ordered it.
Get rid of your dollars.
.
Let's unite under Max Keiser's advice:
"Crash JP Morgan, Buy Silver!".
.
It is also the best investment you can make.
.
Pass it on.
ristau 1 year ago
What they did in Argentina after their dollar collapse was to isue a new currency. when they did the hacked the exchange rate. The gave you 1 for 2 of the old currency and converted your debt 2 for 1.
If you had 10,000 cash and a 100,000 mortgage they gave you 5,000 cash and ajusted your mortgage to 200,000 in the new currency units. That's why they were revolting and burned neighborhoods down. Not because they were just unhappy with politicians. The IMF and world bank ordered it.
goodfingerz 2 years ago
Meh. Poor options, best solution.
If the US knows what it's doing it'll back up the SRD before it's too late
Itterind 2 years ago
It is collapsing, and we are gonna collapse with it
abuokab 2 years ago