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152 Trillion (Read 44 times)

Serious Thumper

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152 Trillion
03/13/17 at 09:33:33

http://www.zerohedge.com/news/2017-03-13/21714-every-man-woman-and-child-worl...

According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars, but for the purposes of this article let’s use the more conservative number. If you take 152 trillion dollars and divide it by the seven billion people living on the planet, you get $21,714, which would be the share of that debt for every man, woman and child in the world if it was divided up equally.

How can every industrialized / civilized country participate in this monetary experiment?

Best regards,

I don't make the rules, I just know what they are.....

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 152 Trillion Reply #1 - 03/13/17 at 11:52:54 If everyone walked away from the poker game in debt I might wonder if the game was fixed. Gee, if you don't understand HOW it's possible, maybe you need information. Hmm, I Wonder what you should read...
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thumperclone Serious Thumper Alliance Member Offline PGR rider riding with respect Posts: 5825 Grand Junction Colorado Gender:	Re: 152 Trillion Reply #2 - 03/13/17 at 12:43:50 justin_o_guy2 wrote on 03/13/17 at 11:52:54: If everyone walked away from the poker game in debt I might wonder if the game was fixed. Gee, if you don't understand HOW it's possible, maybe you need information. Hmm, I Wonder what you should read... I know I know the war powers act!!!!
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Serious Thumper

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Re: 152 Trillion
Reply #3 - 03/13/17 at 13:20:56

justin_o_guy2 wrote on 03/13/17 at 11:52:54:

Gee, if you don't understand HOW it's possible, maybe you need information.
Hmm, I Wonder what you should read...

I have done the research and I understand the game. Evidently, I am the only one who is surprised we don't have at least one country that understands the difference between currency and money. Libya did and we bombed the hell out of them.

Best regards,

I don't make the rules, I just know what they are.....

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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 152 Trillion Reply #4 - 03/13/17 at 15:25:02 Creature from Jekyll Island Explains how the federal reserve works. Interesting read. Like a Sherlock Holmes.
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pg Serious Thumper Offline Posts: 5273 In Transit	Re: 152 Trillion Reply #5 - 03/13/17 at 20:50:07 Yeah, I read it. How long will it be till all the economies of the world have debt to gdp ratio like Japan? What will happen at then? Best regards,
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justin_o_guy2 Serious Thumper Offline What happened? Posts: 55279 East Texas, 1/2 dallas/la.	Re: 152 Trillion Reply #6 - 03/13/17 at 20:59:27 Yeah, YOU did..
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