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Soaring Global Debt – The Reality Check in Numbers: Global Depression -- Wait for it!

 
Anonymous Coward
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11/23/2015 02:56 PM
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Soaring Global Debt – The Reality Check in Numbers: Global Depression -- Wait for it!
Soaring Global Debt – The Reality Check in Numbers
By Mark O'Byrne November 23, 2015 0 Comments


The fact that global debt is growing throughout the world is widely acknowledged and well documented. However, when faced with the numbers, the magnitude of the problem is still quite shocking to read. An article last week in Washington’s blog gives us a stark and timely reminder of those facts. The volatile geo-political environment we are entering into, coupled with this growth-stifling debt, makes for a dangerous economic combination.


“The debt to GDP ratio for the entire world is 286%. In other words, global debt is almost 3 times the size of the world economy. Both public and private debt are exploding and – despite what mainstream economists think – 141 years of history shows that excessive private debt can cause depressions”.

continues:


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Anonymous Coward
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11/23/2015 03:04 PM
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Re: Soaring Global Debt – The Reality Check in Numbers: Global Depression -- Wait for it!
as long as a cuntry's money printing is in the hands of a jooish private bank, likely a rothschilds' branch, it's fleecing time again

those who don't have a rothschilds bank will be just fine. less export but that's nothing compared to what the khazars have plotted for the Western nations

oridin
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11/23/2015 03:07 PM
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Re: Soaring Global Debt – The Reality Check in Numbers: Global Depression -- Wait for it!
as long as a cuntry's money printing is in the hands of a jooish private bank, likely a rothschilds' branch, it's fleecing time again

those who don't have a rothschilds bank will be just fine. less export but that's nothing compared to what the khazars have plotted for the Western nations

oridin
 Quoting: Anonymous Coward 67235376


Geez?

Who doesn't have a Rothschild central bank at this point?

North Korea?
B5
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11/29/2015 11:11 PM
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Re: Soaring Global Debt – The Reality Check in Numbers: Global Depression -- Wait for it!
The reason I cannot fathom a positive resolution of this Crisis is the deeply entrenched corruption and diseased institutions controlling the levers of society. The system cannot be reformed from within and must crash, with the existing social order replaced. There is no gallant leader poised to bring the country back to its former glory. The Roman Empire lasted twelve generations, the Soviet Union one generation, and I fear the American Empire will not survive until its fourth generation in its current form.

So the question remains, what form will our nation take? Rome is still a city in Italy. The people who lived under the Soviet empire still live their lives today. The U.S. could become a drastically reduced nation state, no longer policing the world, with a lowered standard of living, less debt, less government, a currency based on the productive assets of the nation, an economy driven by savings and investment, small local banks that take deposits and lend money to businesses and people, and absolutely no Federal Reserve controlling the currency and interest rates of the country. A desperate public could also turn to a dictator who promises them even more safety and security, with the loss of all freedom and liberty. Or the country could break-up into a multitude of regional countries with like-minded values, economic interests, and beliefs.

I don’t know what the future holds for the USA, my family, or the world. I do know our individual choices over the coming decade will matter. I do know we are in a fight for the survival of humanity where good people must prevail or evil will triumph. Victory will require individual and communal courage. The fight will require perseverance, determination, foresight, intelligence, and a willingness to die for the ideas of liberty and freedom.

Whether you lead or follow, the only way to bring the country back to its founding principles and restoration of the U.S. Constitution is to act with honesty, integrity, and honor. Leading by example rather than words, while setting high moral standards for your actions, will inspire others to do the same. It may not seem so at this moment, but the very survival of our country is at stake. There are no guarantees and believing God will always be on our side is wishful thinking. The glory or ruin of our country will be decided in the next decade and we will have a say in that outcome.





GLP