if you also remember, i told you that the US declared bankruptcy in 1933 (<that cannot be debated, it's fact!) and that England had done the same sometime in the 70'-but i couldn't recall the exact date.
The date i quoted for England's bankruptcy was wrong (memory not what it used to be
), it was in fact 21st of September 1931 when the BoE defaulted on gold payments, which in turn-destroyed the only monetary system in the world for the purpose of financing world trade.The £ was also devalued by 40%, Dole money was also cut and even some of the Navy mutinied.
That's historical fact my friend.
And if not mistaken, that's when the US dollar became the worlds reserve currency...but not for much longer since the US has already partially defaulted. but that's for another thread.
Anyways, the point being, we have-we being our entire economic and governmental systems-been operating under emergency bankruptcy laws (as i told you before). and i was right, the UK is bankrupt and has been since mid/late 1931.
The Govt knows this, and the BoE knows this better than anybody-after all they caused the problems both then and now. the whole system is a gigantic stinking fraud/lie/sham/ponzi scheme/ joke all rolled into 1-and probably much worse than that!
