REPORT ABUSIVE REPLY
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Message Subject
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Several large cycles are converging currently
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Poster Handle
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Anonymous Coward |
Post Content
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The world economy is drowning in debt to the point that imminent collapse is only being staved off by the constant creation off more currency into the currency system. Increasing the supply of an asset that has value based on scarcity will only decrease the value of that asset. Quantitative easing might kick the can down the road but it can't sustain indefinitely and it only makes the inevitable value collapse worse.
Quoting: Anonymous Coward 77104168 So, seriously, where is the money going? There is not one rich country in the world. The world is a closed system, so if one country is losing wealth, logic says it should flow to another country. But that's not the case. Where, exactly, is the wealth going that is causing this upcoming global economic collapse??
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