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Thursday, February 26, 2015

9 Countries have Debt to GDP over 300%

If anyone has stopped to ask just why global central banks are in such a rush to create inflation (but only controlled inflation, not runaway hyperinflation... of course when they fail with the "controlled" part the money paradrop is only a matter of time) over the past 5 years, and have printed over $12 trillion in credit-money since Lehman, the bulk of which has ended up in the stock market, and which for the first time ever are about to monetize all global sovereign debt issuance in 2015, the answer is simple, and can be seen on the chart below.

It also shows the biggest problem facing the world today, namely that at least 9 countries have debt/GDP above 300%, and that a whopping 39% countries have debt-to-GDP of over 100%!

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2 comments:

Anonymous said...

In fact, the US has so much debt that the our government won't consent to having an independent audit conducted.

I have known for a long, long, time that our money is not worth the paper it is printed on.

Anonymous said...

A long time ago the US government discovered that what the people don't know is a huge asset.The fact that Ft Knox has no physical gold anymore means absolutely nothing because the people weren't let in on it.Every accusation of such has been immediately shot down and labeled a "conspiracy theory".The same applies to printing money as 9:21 stated.What we don't know is to their advantage.