The QUADRILLION Dollar Balloon

[Zander]

There is a gigantic balloon overhead. This balloon was filled not with air - but with DEBT from around the globe. We now have $1,000,000,000,000,000 in government indebtedness worldwide.

We all know that the USA has a staggering and ever increasing national debt,

that alone threatens all of our security and prosperity, but combined with the rest of the world we are now facing a Quadrillion in debt. The biggest balloon in the world is deflating. What Will Happen as $1,000,000,000,000,000 in Global Debt Winds Down?


Personally, I think we are going to face a global Deflationary Depression — the likes of which could be unprecedented in history. A thousand trillion in debt can’t be wished away or swept under the rug. No one can “forgive” the debt. Ben Bernanke can't drop $100 bills from a helicopter..... What do you think?

 

[dilloduck]

gotta love credit and fake money

 

[KissMy]

You just have to keep believing those little green pieces of paper are worth all your blood, sweat & tears. Don't ask to many questions & just keep the faith.

 

[zzzz]

Continue to ignore and spend, spend, spend! Let our kids worry about it. Or the Chinese! They are the ones who seem to be buying America.