from Gold Silver Worlds:
Look at our financial world over 30 years from 30 miles high – the BIG PERSPECTIVE.
Global debt exceeds $200 Trillion and is increasing rapidly. It will not be repaid at current value, and in the unlikely chance it is repaid, those future dollars, euros, yen, whatever will have been deeply devalued. Debt created to fund current consumption, instead of productive investment, is dangerous. Excessive debt is deadly.
Global spending on war, militaries, invasions, weapons and so much more is huge. Net productive investment and value produced from those expenditures is effectively zero. Worse, wars are fought with borrowed “money” and the increased debt demands additional future revenue allocations to pay interest. Our future will be more and more debt.
Please follow SGT Report on Twitter & help share the message.