Talk of The Villages Florida - View Single Post - At what point does debt become unsustainable?
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Old 07-05-2024, 05:02 AM
CybrSage CybrSage is offline
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Quote:
Originally Posted by Rainger99 View Post
Interesting article on global debt.

The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming | CNN Business

The most disturbing language is that “Tackling America’s debt problem will require either tax hikes or cuts to benefits, such as social security and health insurance programs.”

The good news is that we may have another 25-30 years before the world economy collapses.
The problem is you are trusting CNN to tell you the truth and not just be lying again about "death and destruction in 30 years".

Humans have died out of suffered world wide disaster many times in my lifetime, according to CNN experts.