Question by Ben: What does it mean when a country becomes “Bankrupt”, and how does it affect the citizens?
What does it mean when people say that a country is “bankrupt”? and how does it affect the people who live within the borders of the country? What causes this severe loss of money to the so-called point of bankruptcy? Thanks 🙂
Answer by Much Too Late
In 1938 when the usa declared it was bankrupt the Social Security Act was passed and everyone had to be issued social security numbers and birth certificates when they were born. The citizens, and not only their assets, but the people of that/this country themselves are used as “collateral” since we don’t have the means/or the money-we are infact property of the nations we are in debt to.
This is obvious and public knowledge, we all fall under admiralty law.
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