Comments on: What happens when the government runs out of money, and becomes bankrupt? http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/ Articles based around house and home Thu, 29 Jul 2010 16:44:14 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Man_Hat_Tan http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1230 Man_Hat_Tan Wed, 22 Jul 2009 02:37:34 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1230 Another 1929? Another 1929?

]]> By: FRAGINAL-NOYPI http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1229 FRAGINAL-NOYPI Sat, 18 Jul 2009 19:37:41 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1229 Bankruptcy of government will lead to anarchy since when government officials are no longer paid, they will stop working and will abandon their offices paralyzing entirely the government operations. Bankruptcy of government will lead to anarchy since when government officials are no longer paid, they will stop working and will abandon their offices paralyzing entirely the government operations.

]]> By: gomanyes562 http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1228 gomanyes562 Wed, 15 Jul 2009 11:35:15 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1228 The federal government can't go bankrupt, since it controls the money supply. Lower levels of government can file for bankruptcy court protection and reorganization. This has never happened to a state, but it has happened to several city and county governments. The federal government can’t go bankrupt, since it controls the money supply.

Lower levels of government can file for bankruptcy court protection and reorganization. This has never happened to a state, but it has happened to several city and county governments.

]]> By: jeffrey e http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1227 jeffrey e Mon, 13 Jul 2009 08:57:09 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1227 You aren't from MIchigan are you? lol. If any state would need a bailout.....we fit the bill. They(the fed. reserve.) which is a big fat lie forever, can't keep printing non-backed currency forever. I feel we allready are bankrupt. What makes our currency have any value? When's the last time we had a trade surpluss? You will see our money sink and sink and sink in value as time goes by. The Fed. Reserve can't cast it's ruse forever. You aren’t from MIchigan are you? lol. If any state would need a bailout…..we fit the bill. They(the fed. reserve.) which is a big fat lie forever, can’t keep printing non-backed currency forever. I feel we allready are bankrupt. What makes our currency have any value? When’s the last time we had a trade surpluss? You will see our money sink and sink and sink in value as time goes by. The Fed. Reserve can’t cast it’s ruse forever.

]]> By: Magma http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1226 Magma Fri, 10 Jul 2009 02:45:29 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1226 I find it to be highly unlikely that that will happen to the U.S. government but, if it does you can expect them to establish marshal law and take what ever they want from us directly instead of doing it indirectly as they do now. Also, if it does happen, it will make America easy prey for a rival nation and could also increase the chances of anti-government revolutionaries rising up and successfully overthrowing the government. I find it to be highly unlikely that that will happen to the U.S. government but, if it does you can expect them to establish marshal law and take what ever they want from us directly instead of doing it indirectly as they do now.

Also, if it does happen, it will make America easy prey for a rival nation and could also increase the chances of anti-government revolutionaries rising up and successfully overthrowing the government.

]]> By: mozart8 http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1225 mozart8 Thu, 09 Jul 2009 17:18:38 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1225 I believe you guys elected the Bush administration right. keep believing that other countries' problems are your problems. You go to war with the country that has nothing to do with 9/11. Your economy is driven by consumption and China's economy by production. Your president don't even understand economics 101. You people's attitude of he is a Christian, I am a Christian, so I will vote for him no matter whether he is qualified is down right stupid. Religion and politics don't mix. Soon, your money won't buy half as much as it did in the 90's. the U.S will pay down foreign debt with dollars worth far less than when it borrowed. China will start buying American assets with cheap dollars. Eventually, America will likely become borderline third world nation. I believe you guys elected the Bush administration right. keep believing that other countries’ problems are your problems. You go to war with the country that has nothing to do with 9/11. Your economy is driven by consumption and China’s economy by production. Your president don’t even understand economics 101. You people’s attitude of he is a Christian, I am a Christian, so I will vote for him no matter whether he is qualified is down right stupid. Religion and politics don’t mix.

Soon, your money won’t buy half as much as it did in the 90’s. the U.S will pay down foreign debt with dollars worth far less than when it borrowed. China will start buying American assets with cheap dollars. Eventually, America will likely become borderline third world nation.

]]> By: In My Opinion... http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1224 In My Opinion... Mon, 06 Jul 2009 13:01:01 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1224 Another suppression...kind of like a pre-depression. The government ALREADY is in debt..we whole countless trillions to other countries, and Bush isn' doing a darn thing about it. The American dollar is pretty much worthless right now..the euro is the new fab. Our government is a joke... Another suppression…kind of like a pre-depression. The government ALREADY is in debt..we whole countless trillions to other countries, and Bush isn’ doing a darn thing about it. The American dollar is pretty much worthless right now..the euro is the new fab. Our government is a joke…

]]> By: bushnana http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1223 bushnana Fri, 03 Jul 2009 22:49:58 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1223 The US government has run out of money lots of times. They just borrow form other countries and then make more money that is not worth anything, because it is all made on borrowed money. The US government has run out of money lots of times. They just borrow form other countries and then make more money that is not worth anything, because it is all made on borrowed money.

]]> By: honeybeejim http://www.survivalistchronicles.com/27/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/comment-page-1/#comment-1222 honeybeejim Thu, 02 Jul 2009 18:37:40 +0000 http://www.survivalistchronicles.com/government/what-happens-when-the-government-runs-out-of-money-and-becomes-bankrupt/#comment-1222 We already print worthless money and 9 trillion in debt sounds bankrupt to me! We already print worthless money and 9 trillion in debt sounds bankrupt to me!

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