Conscious Default - Let Them (the Banksters) Eat Shit.

[abduLMaria]

After seeing country after country growing deeper and deeper into debt, one solution becomes obvious - for individual countries to make the judgment, "this debt is not helping our people, it is hurting our people.  therefore, we default."

Now China has done this recently on a small scale with some credit derivative
contracts.  They (I think) announced that they were going to default.  China is
obviously still standing, and may be in a healthier state than the US.  I say that
partially because the Chinese government has been suppressing their currency,
the yuan, to keep exports strong.

The threat that might accompany a conscious default by Spain or Greece is,
"well, we'll never loan money to you again."

A few times I have been in the position of a bad doctor threatening to withhold health care.  My response was, "I don't need you, I don't need your lame health care, I don't need your iatrogenic "health care" - health care that makes your health worse."

Well, quite possibly, the "financial care" that has been offered to the world by the Zio-bankers HAS NOT MADE THEIR HEALTH BETTER - financial or otherwise.

Therefore, I propose that the option of Default has some considerable merits.

i.e., Let Them (the Banksters) Eat Shit.

Since so many world economies have been propped up by debt, the removal
of that debt "support" will constitute a major change, a historical transition point.

Austerity, in other words.

But, my observation about friends who are buried in debt is that they have
AUSTERITY ANYWAYS.

If you have austerity with the debt - and you have austerity and some measure of
freedom without the debt ... what's worse ?

Perhaps some countries have already made this choice.  It sounds like the Icelanders have had some courage in this regard.

Given that so few countries have the courage to investigate the banksters' fraud -
and to seize the banksters assets to remedy ailing banks - it looks like the whole
world is in hock to the Zio-banksters.

Hence, my proposal.  Conscious Default.

Especially for countries that have some social cohesion and the necessary resources (land for farming, water, enough energy resources to keep people alive, a population that's willing to work & get dirt under their fingernails), I suggest Conscious Default may be a Damn Good Choice.

If the Zio-Banksters subsequently avoid such countries "like the plague", I suggest that that may itself constitute a substantial fringe benefit.  Given that the Zio-Banksters are THEMSELVES the Plague.

[CrackSmokeRepublican]

I agree AbdulMaria.
 In a way, a collective Conscious Default is in all actuality a "Jubilee" by Default.  It is also a practice which is sanctioned by the "Higher Powers"  so to speak.

[Tomas O'Crohan]

I concur wholeheartedly AbdulMaria. The people all over the world should unilaterally declare themselves and their States debt free and owners of all the domestic assets free and clear of any claim by anyone. Upon the first objection raised to this newly declared reality, the universal response shoud be: "Eat fucking shit, criminals. If you repeat your objection, capital punishment will forthwith be imposed."