IMF announces that the world debt has hit a staggering $152,000,000,000,000 trillion dollars

Discussion in 'Economy' started by MindWars, Oct 16, 2016.

  1. MindWars
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    MindWars Diamond Member

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    IMF Announces That World Debt Has Hit A Staggering $152,000,000,000,000 (152 Trillion Dollars)
    If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars. That is an amount of money that is almost unimaginable, and the IMF says that it is equivalent to 225 percent of global GDP. It is the biggest debt bubble in the history of the planet, and it is rising at an extremely alarming pace. Experts all over the world agree that when this debt bubble finally bursts, it is going to create an economic crisis on a scale that humanity has never seen before.

    IMF Announces That World Debt Has Hit A Staggering $152,000,000,000,000 (152 Trillion Dollars)
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    The warnings keep coming, but still society thinks it is all a joke because most of them have no comprehension of America failing.
    They have little knowledge and do not understand even the simplest business economics taking place daily in society.

    Understanding debt is beyond their comprehensions. Just like the Government printing money we do not have which is backed by nothing and other Countries are stepping away from the US dollar.
     
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  2. Disir
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    Disir Gold Member Gold Supporting Member Supporting Member

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    Oooh so you better vote Democrat.
     
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  3. Penelope
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    Penelope Diamond Member

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    Who cares, they can just print more money, its just paper.
     
  4. P F Tinmore
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    P F Tinmore Diamond Member

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    Interesting. Who lent that much money and where did they get it?
     
  5. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    That is an amount of money that is almost unimaginable, and the IMF says that it is equivalent to 225 percent of global GDP.

    So what? What is the proper debt-global GDP ratio? How do you know?

    When I bought my first home, my debt was suddenly higher than that, compared to my annual income.
    The world didn't end....

    other Countries are stepping away from the US dollar.


    Based on what? The higher value of the dollar versus other currencies?
    The lower prices of oil and gold over the last several years?
    Your misunderstanding of markets?
     

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