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Keyword: globalbankruptcy

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  • Global Bankruptcy, Sustainable Development, and Propaganda

    07/15/2015 6:20:18 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 07/15/15 | Dr. Ileana Johnson Paugh
    The indoctrination into the global citizenship will be facilitated by our Department of Education agenda of “cradle to government-approved career.” Ever so caring for the fate of humanity, Pope Francis’ duties have now extended from world climatologist, population control, and critic of free market economics, to expert on global bankruptcy. He said, “The goods of the Earth are meant for everyone, and however much someone may parade his property, it has a social mortgage.” The Catholic principle of “social mortgage” is the idea that the public has a “legitimate and necessary claim on private wealth and property.” We are so...
  • Global Bankruptcy Months Away?

    06/24/2011 7:18:04 AM PDT · by Kaslin · 32 replies
    Townhall.com ^ | June 24, 2011 | John Ransom
    A former Reagan administration official who worked on trade policy is warning that unless Congress can agree to a significant reduction in spending that the world may run out of money in 6-18 months. When that happens the economy could enter “a death spiral.”“Based upon world liquidity, the amount of money available to fund sovereign debt in 2011 is between $6-9 trillion,” Marc Nuttle told Townhall Finance. Nuttle runs the site DebtWall.org. “The world’s government projections for deficit financing in 2011 is $8-10 trillion. We are bumping into the ceiling of the world’s ability to fund ongoing sovereign deficits and debt on...