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The world is drowning in debt warns Goldman Sachs
UK Telegraph ^
| May 26, 2015
| Szu Ping Chan
Posted on 05/26/2015 3:46:19 PM PDT by 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.
(Excerpt) Read more at telegraph.co.uk ...
TOPICS: Business/Economy; Government; Society
KEYWORDS: agitprop; debt; demographics; goldmansachs; governmentdebt; professionaltroll; putinsbuttboys; vladtheimploder
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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?
To: concernedcitizen76
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.
2
posted on
05/26/2015 3:55:10 PM PDT
by
RoosterRedux
(WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
To: concernedcitizen76
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.
3
posted on
05/26/2015 3:56:24 PM PDT
by
drypowder
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.
4
posted on
05/26/2015 4:00:15 PM PDT
by
SunkenCiv
(What do we want? REGIME CHANGE! When do we want it? NOW!)
To: RoosterRedux
From another source on Corporate debt in USA:
5
posted on
05/26/2015 4:05:11 PM PDT
by
entropy12
(My Fearless forecast for Iowa Caucuses: Walker will win with a big margin.)
To: RoosterRedux
“Don’t believe them.”
Say what you want about Goldman Sachs, but numbers don’t lie...
6
posted on
05/26/2015 4:06:08 PM PDT
by
Boogieman
To: concernedcitizen76
Obama’s solution - just kill the creditors. Then you don’t owe them right?
To: concernedcitizen76
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.
8
posted on
05/26/2015 4:07:40 PM PDT
by
eyeamok
To: concernedcitizen76
The Banksters and the Socialists in the West believe the “solution” is importing Muslims and invaders from the Third World.
9
posted on
05/26/2015 4:13:58 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: eyeamok
Bingo! You win the Kewpie doll.
10
posted on
05/26/2015 4:16:29 PM PDT
by
concernedcitizen76
(Term limits. Repeal the 16th and 17th amendments. Sunset bureaucracies.)
To: concernedcitizen76
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.
11
posted on
05/26/2015 4:17:45 PM PDT
by
Jumper
To: concernedcitizen76
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 controlYa think!?!?!? Well duh! Conservatives have known that for years!
To: entropy12
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.
13
posted on
05/26/2015 4:23:12 PM PDT
by
RoosterRedux
(WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
To: Jumper
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.
14
posted on
05/26/2015 4:24:04 PM PDT
by
concernedcitizen76
(Term limits. Repeal the 16th and 17th amendments. Sunset bureaucracies.)
To: concernedcitizen76
So? Nobody will do a thing about it.
15
posted on
05/26/2015 4:24:10 PM PDT
by
dforest
To: SkyPilot
There are no Banksters with ulterior motives .
There are only institutions which chase profit.
Watch out...that UFO may abduct you tonight.
16
posted on
05/26/2015 4:26:57 PM PDT
by
RoosterRedux
(WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
To: concernedcitizen76
The way out of that mess is if everybody owed everybody, then it’d be a wash.
17
posted on
05/26/2015 4:29:03 PM PDT
by
SkyDancer
( I Was Told Nobody Is Perfect But Yet, Here I Am ...)
To: SkyDancer
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.
18
posted on
05/26/2015 4:33:25 PM PDT
by
RoosterRedux
(WSC: The truth is incontrovertible; malice may attack it, ignorance may deride it, but in the end...)
To: RoosterRedux
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?
19
posted on
05/26/2015 4:35:22 PM PDT
by
SkyDancer
( I Was Told Nobody Is Perfect But Yet, Here I Am ...)
To: 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/
20
posted on
05/26/2015 4:35:41 PM PDT
by
concernedcitizen76
(Term limits. Repeal the 16th and 17th amendments. Sunset bureaucracies.)
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