Global debt

Investments, gold, currencies, surviving after a financial meltdown
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Tom Mazanec
Posts: 4181
Joined: Sun Sep 21, 2008 12:13 pm

Global debt

Post by Tom Mazanec »

World growth chokes on massive debt:
https://srsroccoreport.com/global-finan ... increases/
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain
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DonShi
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Joined: Tue Jun 12, 2018 6:22 am

Re: Global debt

Post by DonShi »

The numbers have become so big that they've become almost abstract and people can't really comprehend them. Thus, no one thinks about debt on a global level and doesn't really care about it. At least that's how it feels like to me.
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Tom Mazanec
Posts: 4181
Joined: Sun Sep 21, 2008 12:13 pm

Re: Global debt

Post by Tom Mazanec »

Thanks to corporate debt:
Global debt 2008 $97,000,000,000,000
Global debt 2018 $169,000,000,000,000
https://www.americanthinker.com/article ... learn.html
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain
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