With no explanation banks are quietly resetting loans for people who are not in default, huh? Not long ago a gentleman that I know told me that his brother bought a house in Arizona, after the market crashed the bank gave him the house debt free. That is crazy; but, it happened.
The debt of all nations and people cannot be paid, there is not enough money. I see a time when most of the worlds debt will be forgiven; however, afterwards people will not be able to live off debt. A giant resetting of the monetary system.
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