Posted on 02/25/2024 4:18:59 PM PST by RomanSoldier19
Global debt has officially passed a record high of $313 trillion and according to a new study, a group of nations appear to be increasingly at risk of not being able to pay it back.
Global debt soared $15 trillion from Q4 2022 to Q4 2023, says the Institute of International Finance (IIF), as reported by Reuters.
When zoomed out, global debt totaled $210 trillion just a decade ago.
The IIF says 55% of that surge came from “mature markets” led by the US, France and Germany.
And although developed nations triggered a 2% drop in the global debt-to-GDP ratio in the last year, the study says an ominous signal in the data is now flashing for a number of nations.
(Excerpt) Read more at dailyhodl.com ...
Who is his lead by this debt?
If the SHTF-It’s gonna be awesome!
Kevin Williamson.
Pay their bills...to who?
SO...ultimately...the resolution will be a Zero Reset, killing off all international debt on some future date certain. And, from that point, we all start again.
This is silliness, but what is the alternative? Really...
Who holds this debt. That was the question.
Why, to the world banking cartel (13 families, Morgans, Rothschilds, etc; stockholders of the FED/IMF/IRS) of course. The ones that print fiat at interest. (AKA, Usury)
Luckily, there is legislation/plan for just this scenario.
The National Economic Security and Recovery Act (NESARA)
(and, its cousin, GESARA)
Okay, and why should we? They literally lent us nothing of any actual substance.
I don’t find any entries that indicate this was ever passed into law.
Can you provide confirmation details?
Finally the magic number!!!!!!!
I’ll get my suit pressed for dollar death 95,351.
I’m looking forward to tomorrow’s edition of the end of the world.........any minute now.
“Pay their bills...to who?”
A lot of it is to the citizens. After a century of demanding the government pay for everything for their living expenses it’s gonna come do by people getting nothing. The old people will die. The illegal invaders that have occupied white western nations will go to war with their hosts.
Good post. I hope to see an answer to your question but won’t hold my breath.
American citizens hold the most US debt.
SSA is the single largest holder.
In this country they are paying the most to folks’ IRA, pension funds, mutual funds etc......and the social security administration whom happens to hold a lot of it.
We are the evil banking cartels!
“$313 trillion”
Does Earf even have assets equal to, or greater than $313 trillion?
I’m thinking Earf is bankrupt.
Well, why doesn’t Biden just forgive this debt?
Yes, and us in the US are closing in on 10% of that debt for the known part of the Galaxy.
Thanks for taking the time. I appreciate the information.
Why not have plugs just forgive the debt like he did for student loans?? LOL!!
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