The world is drowning in debt warns Goldman Sachs

UK Telegraph ^ | May 26, 2015 | Szu Ping Chan

[concernedcitizen76]

The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.

Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy.

[concernedcitizen76]

The bankers are the house that controls the casino, and the house always wins. The underlying reason the federal government--bought and paid for lock, stock, and barrel by the moneyed interests--refuse to secure the border and rein in, much less deport, the illegals is perfectly summarized in one paragraph somewhere in this piece. Can you find it?

[RoosterRedux]

So says Goldman Sachs...the scum of the earth.

They must be selling short and hoping ala Soros to push stock prices down.

Don't believe them. Except for the moral relativism of Obama and his ilk, the world is doing just fine.

China and India are coming into the developed world...and many parts of Africa are right behind them.

[drypowder]

And Goldman Sachs along with a number of other banks is at the front of the line on why there is so much debt. GS CEO is worth how many billions?? The past number of US Treasury Secretaries were all previous employees of GS. Funny how that US debt thing works.

[SunkenCiv]

The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned.

Don't worry, the muzzies are growing kids faster than my bathtub grows mildew, and they'll impose shariah lending on everyone, plllt, problem solved.

[entropy12]

From another source on Corporate debt in USA:

[Boogieman]

“Don’t believe them.”

Say what you want about Goldman Sachs, but numbers don’t lie...

[jsanders2001]

Obama’s solution - just kill the creditors. Then you don’t owe them right?

[eyeamok]

Mr Wilson said there was hope for countries with high debt burdens. “The demographic shift means that we need to look to more creative policy, including immigration and workforce expansion in order to find ways to pay down debt.

[SkyPilot]

The Banksters and the Socialists in the West believe the “solution” is importing Muslims and invaders from the Third World.

[concernedcitizen76]

Bingo! You win the Kewpie doll.

[Jumper]

Into the late 1990's it was considered dangerous to be above 110%. Today, with the coordinated printing press's of the Socialists in power, the G-20 nations each print an approved amount of monies. While they are printing this money, the debt continues to rise.

The United States, will absolve itself of this mountain of debt, with the issuance of "The Americas Dollar" initially the currency of Canada, the US and Mexico; eventually it will span to the southmost point in this Hemisphere.

[A Formerly Proud Canadian]

Quote: The world is sinking under too much debt and an ageing global population means countries' debt piles are in danger of growing out of control

Ya think!?!?!? Well duh! Conservatives have known that for years!

[RoosterRedux]

Check out the source of your info...The Elliott Wave Theory

And then check out the owner of the Elliott Wave Theory...Robert Prector.

It's BS. Prector is BS.

[concernedcitizen76]

Glad you mentioned G-20. They recently signed an accord that consigns customer accounts as bank collateral in the event of bank failures. Deposits will be replaced by IOUs. It’s Cyprus for all.

[dforest]

So? Nobody will do a thing about it.

[RoosterRedux]

There are no Banksters with ulterior motives .

There are only institutions which chase profit.

Watch out...that UFO may abduct you tonight.

[SkyDancer]

The way out of that mess is if everybody owed everybody, then it’d be a wash.

[RoosterRedux]

You don't understand the capital markets. Common error.

The problem occurs when people with little understanding speak out about an issue they don't understand.

Stick to what you know.

That will keep you from sounding like a fool.

[SkyDancer]

Oh for Pete’s sake - it was meant as humor. Okay, I know there are people who either don’t get it or it has to be explained word by word. So, who’s the fool now?

[concernedcitizen76]

That’s why the DOJ issued new rules that chill cash withddrawals of even $5000. They’re apparentlly gearing up for strict capital controls in order that the bankers can steal customer deposits for the bailouts, following the Cyprus precedent.

Withdraw $5,000 from bank, get cops called on you
http://www.wnd.com/2015/03/banks-to-call-police-on-customers/