The VALUE placed on any medium of exchange is established SOLELY by our willingness to accept it and nothing else…

…The VALUE placed on any medium of exchange is established SOLELY by our willingness to accept it and nothing else…

Global debt is now an insane $164 trillion, but who exactly do we owe?

If you’ve ever wondered why the world seems hopelessly fraught with endless conflict, ruled corrupt states, and bent on developing a never-ending supply of advanced weaponry, you’d need to understand the nature of our debt based economy.The IMF has just reported that total global debt is now at a staggering $164 trillion, which amounts to 225% of total global GDP. Every person on this planet could turn over everything they produce for the next two plus years and we’d still be in debt.The …
Read full article at NexusNewsfeed.com website »

 

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