The QUADRILLION Dollar Balloon

Discussion in 'Economy' started by Zander, Aug 1, 2010.

  1. Zander
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    Zander Platinum Member

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    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,[​IMG] 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?
     
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  2. dilloduck
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    dilloduck Diamond Member

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    gotta love credit and fake money
     
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  3. KissMy
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    KissMy Free Breast Exam

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    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.
     
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  4. zzzz
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    zzzz Just a regular American

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    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.
     
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