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Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”

 
Face Palmer
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12/08/2015 09:03 AM
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Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
The debt avalanches. Once it accumulates enough mass, and momentum is not sufficient to stop its collapse, it overwhelms its host, and will come crashing down on the rest of the system, too.

Across the planet, there are hundreds of governments – local, state and national – as well as business and households who are reaching a breaking point. Already drowning in debt, many are about to default on loan repayments, and thus set off a series of debt crises that will be met with market chaos and a tightening of easy credit for those who are most vulnerable to implosion.

With Puerto Rico also timed for a major default that will burden the United States, Mexico is ready to crash, and bracing for impact. Its biggest construction firm, which has been dependent upon government contracts that are now drying up, is facing default on a $31 million interest bill.

And so it begins…


[link to www.theeventchronicle.com]
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.

The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women
Face Palmer  (OP)

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12/08/2015 09:20 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
bump
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.

The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women
Anonymous Coward
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12/08/2015 09:21 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
maybe the enlightened parasites will let their host grow, and so will be able to suck even more life from them, they just need to be able to keep control of us. weak are easier to control.
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12/08/2015 09:23 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Thanks for sharing...so many data points that lead to collapse. I didn't know about Mexico.
For the word of the cross is folly to those who are perishing, but to us who are being saved it is the power of God. - 1 Cor 1:18

Know God - Thread: The Terrifying Truth About God

Rethink Hell - [link to www.rethinkinghell.com]
:knowjesus3:
No Dhimmi

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12/08/2015 09:28 AM

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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Debt is our futu
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to shoebat.com]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]
[link to www.answering-islam.org]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

Matthew 25:31-34
When the Son of man shall come in his glory, and all the holy angels with him, then shall he sit upon the throne of his glory: And before him shall be gathered all nations: and he shall separate them one from another, as a shepherd divideth his sheep from the goats: And he shall set the sheep on his right hand, but the goats on the left. Then shall the King say unto them on his right hand, Come, ye blessed of my Father, inherit the kingdom prepared for you from the foundation of the world:

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.

Democrats do and always have loved poor people. . . they continue to make so many of them.


Thread: You're Part of the War with Islam - Which side are you on?

“Accuse Your Enemy Of What You Are Doing, As You Are Doing It To Create Confusion” - Karl Marx (Common tool of the left)

Furthermore, I consider that islam must be destroyed.
Face Palmer  (OP)

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12/08/2015 09:36 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Thanks for sharing...so many data points that lead to collapse. I didn't know about Mexico.
 Quoting: [email protected]


Yes, the writings are on the wall. Problem is, they have been there since almost 10 years now.
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.

The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women
Face Palmer  (OP)

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12/08/2015 11:38 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
bump
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.

The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women
Anonymous Coward
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Mexico
12/08/2015 12:06 PM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Mexican workers get paid 1per hour its been fucked up down here for a long time not even enough to feed their kids food prices are higher than u.s prices plus they are charged for education for their kids it cant get any worser than this people are suffering already
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12/09/2015 11:30 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Debt is our futu
 Quoting: No Dhimmi


Great visual...WTFPOINT
For the word of the cross is folly to those who are perishing, but to us who are being saved it is the power of God. - 1 Cor 1:18

Know God - Thread: The Terrifying Truth About God

Rethink Hell - [link to www.rethinkinghell.com]
:knowjesus3:
Anonymous Coward
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12/09/2015 11:58 AM
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Re: Mexico Bracing for Massive Default That Could Set Off Global Debt Bomb: “Perversely Ironic Twist”
Yeah, no. Mexico isn't going to default, not with all that massive Chinese and foreign investment. The government contracts are drying up because of the stupid wars with cartels, but the private sector is booming in Mexico.

The biggest construction project currently in Mexico is upgrading the grid from 120 supply to at least 240 for homes and 480 for industrial. Lots of American companies involved in that. It's a massive scale, nation wide project in Mexico. It's bigger than the whole Tennessee project and Hover dam put together. You wonder why Mexicans are going back home? Because there are now more jobs in Mexico. The pay scale may not compare but it's huge and goes far in Mexico. You should see how nice the plants are they work in, safety is priority. Make our US places look worse than Chinese plants.





GLP