The hidden reality if you think YOU own any securities. Here’s a hint, we already own nothing and we’re happy. Your property is collateral for other entities without your knowledge or approval.
This is absolutely insane! Shits gonna get real ugly soon.
#grownostr #Bitcoin4life
I've given this a watch. Still getting my mind around it (probably need to watch it again) but as I think on it I am left with a number of questions, like how many companies/entities are using their products/our assets as collateral? Of those that are, how many have all these assets permanently in this collateral category? How many of these companies have debt that is equal to or greater than the total value of the products they sell? How, practically, would the acquisition of any of these things even occur? For example, if I bought a used Ford truck from 1986 that three people owned before me...are the banks tracking me down to take back that car to pay off Ford's debts?
I definitely had to force myself to watch it through. It had some higher level terms that I wasn’t familiar with.
I too had some similar questions. From what I can tell since we live in a debt based economy, most, if not all large companies would fall prey to this as soon as the dollar is devalued enough. I try to think about it like what happened Lehman Bros but on a mass scale. Still trying to wrap my head around it.
