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 cant 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?