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(UCc uncoded, Oxford spelling)

Many may not know that the world was bankrupted officially in 1930 and implemented in 1939 with Tompkins v. Erie Railroad. The reason was that countries where creating world war in order to plunder for the gold giving whoever controlled it, control of the currency as of its specie backing. Therefore, the Polity (riches families, i.e., Rothschild, Rockefeller, Brown, Bundy, Warburg et al) took the gold-backing away. In that process, the world was bankrupted because the Federal Reserve Note (FRN) was created instead of the FRc (Federal Reserve certificate). In other words, instead of legalising credit, they legalised debt. It is that simple mistake that has caused so many problems today as insolvency will do. Also, in the mix, sovereignty had been lost because the Polity had forgotten the process for granting it. Therefore, today most people are not sovereign (only 30,000 internationally) and live in a bankrupted world (www.webspawner.com/users/brauchitsch can help). The Lawyers Guild of England believe Secured Party/Creditor (SP/C) is sovereignty, but that is impossible because no government can grant sovereignty and the papers for an SP/C come from and filed with a government. Only a pure trust can grant sovereignty by the Exchangor/Grantor of a trust. All governments and laws come from the pure trust created by the Polity. So, if the Polity are the source of these things, why did they make the insolvency mistake? Why does anyone go bankrupt as of mistakes? The Polity are human too and make mistakes. However, since they control most of the money, their mistakes cause bigger problems than the dustman.

The resolution of the bankruptcy is, aforesaid, the implementation of the FRc. The procedure would not be re-issuing it and pulling the FRN from circulation. Rather, an interior bank process would do. If large FRc face amounts in the form of commercial paper were created at the bank, the FRN would be an IOU with proper backing. In other words, certificates, in principle, would be on hand for redemption albeit no one would need redeeming them. As it is now, only confusion reigns as no one can the insolvency issue except TBf (The Brauch foundation - website above).

Considering how prevailing law and agreements there are on the topic, resolved fairly directly i should think, without any particular problems. Especially if it involves countries that have treaties with each other.

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8y ago
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6mo ago

The resolution of international bankruptcy cases requires cooperation and coordination among multiple stakeholders including creditors, debtors, and relevant international bodies. Negotiations for debt restructuring or forgiveness may be pursued, along with the involvement of mediators or arbiters to help reach an agreement. In some cases, international financial institutions may provide financial assistance or aid packages to help alleviate the financial distress of the debtor country.

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Q: How can the international bankruptcy be resolved?
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