CURACAO NESARA GESARA THE UNITED STATES WENT BANKRUPT. 4. BONDS LAWSUITS

 

 
CURACAO NESARA GESARA THE UNITED STATES WENT BANKRUPT. 4.  BONDS LAWSUITS

 IT'S OFTEN FORGOTTEN IN THIS TURBULENT POLITICAL CLIMATE THAT PART OF AMERICA ALREADY HAS DECLARED BANKRUPTCY : THE RECENTLY DEVASTATED TERRITORY OF PUERTO RICO. EVEN BEFORE IT WAS DEVASTATED BY HURRICANE MARIA, PUERTO RICO WAS IN SUCH MASSIVE DEBT, THAT IT SOUGHT BANKRUPTCY PROTECTIONS IN MAY 2017 FOR ITS SEVENTY BILLION DOLLAR DEBT. ONE CONSEQUENCE OF THIS WAS THE US GOVERNMENT WAS SUED. THIS WAS BECAUSE IT HAD GUARANTEED THAT THE BOND THAT HAD BEEN ISSUED TO PEOPLE WHO INVESTED IN PUERTO RICO BACK WHEN THE PUERTO RICAN GOVERNMENT WAS DOING MUCH BETTER (THE DOWNTURN ESSENTIALLY BEGAN IN 2006 WHEN FINANCIAL STIMULUS FROM THE FEDERAL GOVERNMENT WAS CUT OFF). SO IF AMERICAN'S FEDERAL GOVERNMENT DEFAULTS ON THE APPROXIMATELY FOUR TRILLION DOLLARS, THAT THE GOVERNMENT OWES TO FOREIGN GOVERNMENTS OTHER THAN CHINA, THERE WOLD BE LAWSUITS, THAT WOULD LAST LONG AFTER ECONOMY WOULD LIKELY BE RESTORED.