Submitted by:
Marti Oakley

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http://ppjg.wordpress.com/2008/11/03/a-force-majuere-and-de-monitizing-the-dollar/

The use of force rather than a political or diplomatic solution in any government situation is referred to as a [force majeure] literally meaning to force the implementation of a plan or to interfere in a situation without first attempting to secure a resolution by other means.

In this case, [force majeure] would be a declaration by the treasury and the administration that [The United States] could not, and would not honor its debts.

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Created 9 weeks 1 day ago