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World government debt to hit record $53 trillion this year: S&P Global
Reuters ^
| February 20, 2020
| by Marc Jones
Posted on 02/20/2020 10:07:02 AM PST by Oldeconomybuyer
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Low-interest debt is like cocaine to the corrupt elites.
To: Oldeconomybuyer
Bernie wants to spend MORE than this — just on healthcare in the US.
2
posted on
02/20/2020 10:08:03 AM PST
by
ClearCase_guy
(If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
To: Oldeconomybuyer
Sounds like someone needs a debt consolidation loan. And some credit counseling.
3
posted on
02/20/2020 10:08:42 AM PST
by
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
To: Oldeconomybuyer
Low-interest debt is like cocaine to the corrupt elites. Exacto mundo!
4
posted on
02/20/2020 10:09:16 AM PST
by
entropy12
(You are either for free enterprise or want gov't to interfere with corporate issues.)
To: Oldeconomybuyer
Time to invest in paper and printer ink stocks...................
5
posted on
02/20/2020 10:10:08 AM PST
by
Red Badger
(If people were to God like dogs are to people, the world would be a really great place..............)
To: Oldeconomybuyer
Yeah right ! Whose it owed to ?
6
posted on
02/20/2020 10:11:30 AM PST
by
Truthoverpower
(The guv mint you get is the Trump winning express !)
To: Oldeconomybuyer
There is simply no way out.
7
posted on
02/20/2020 10:11:47 AM PST
by
Obadiah
(Kill the deep state or lose the Republic.)
To: Oldeconomybuyer
If you think governments owe too much, just wait until they try a Green New Deal!
8
posted on
02/20/2020 10:13:03 AM PST
by
Berosus
(I wish I had as much faith in God as liberals have in government.)
To: Oldeconomybuyer
44% of world government debt owned by United States.
9
posted on
02/20/2020 10:15:45 AM PST
by
fhayek
To: Oldeconomybuyer
44% of world government debt owned by United States.
10
posted on
02/20/2020 10:15:45 AM PST
by
fhayek
To: Red Badger
paper and printer ink...
they just type more zeros to the left of the point: 1. 10. 100. 1000. whats the point?
11
posted on
02/20/2020 10:16:39 AM PST
by
Jolla
To: Obadiah; Roman_War_Criminal; SaveFerris
There is simply no way out.There isnt. And if the $800 Trillion Derivative Time Bomb ever goes off, everything will collapse. Every. Thing.
Then it will be time for the global reset.
12
posted on
02/20/2020 10:21:43 AM PST
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: Truthoverpower
Whose it owed to ? The future.
13
posted on
02/20/2020 10:22:10 AM PST
by
BipolarBob
(I asked my cat who his favorite socialist was. He looked at me and said Mao.)
To: Obadiah
The only way out is with carefully controlled inflation. Pay back the loans with inflated paper money. But the the key word there is controlled. Politicians have no self-control. So they will just use the inflated currency to spend more.
14
posted on
02/20/2020 10:25:59 AM PST
by
Leaning Right
(I have already previewed or do not wish to preview this composition.)
To: Jolla
Gonna need a bigger bill.....................
15
posted on
02/20/2020 10:26:45 AM PST
by
Red Badger
(If people were to God like dogs are to people, the world would be a really great place..............)
To: Oldeconomybuyer
So when will the bank of Braavos come and call in their debt?
16
posted on
02/20/2020 10:29:47 AM PST
by
Shark24
To: Obadiah
There is simply no way out.Oh BS. Cry me a river. An Across the board import of 20% plus a small federal retail sales tax and REDUCTION of income tax rates would balance the budget this year. We can work on the debt after the bleeding stops.
17
posted on
02/20/2020 10:31:41 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: SkyPilot
A 20% import tariff solves all problems.
18
posted on
02/20/2020 10:32:45 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: SkyPilot
[[Then it will be time for the global reset.]]
refereed to in the bible as the 2n’d 1/2 of the Tribulation- just when everyone is saying peace peace, and thinking everything is cool- wham-
19
posted on
02/20/2020 10:33:30 AM PST
by
Bob434
To: Oldeconomybuyer
“The U.S. at $3 trillion and Japan at $1.75 trillion will remain by far the largest borrowers globally, accounting for almost 60% of the overall total.”
We’re Number One! We’re Number One! U S A! U S A!
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